Common use of COPY TRADING Clause in Contracts

COPY TRADING. This paragraph sets out the specific terms that shall apply to the Client (in this Section, hereafter referred to as ‘You” or the “Follower”) when using the Copy Trading functionality of the Company. - When using the Copy Trading Services, the Client agrees to use our Portfolio Management Services. - The Company provides the Client with the capacity to interact, follow and copy other traders and strategies by using the information of your Partner (in this Section hereafter referred to as “the Master” or ‘’the Partner” or “Trader” ). The information will include detailed account information, trading histories, risk profiles, and other information in relation to traders and/or strategies that may be useful to the Client when deciding whether to copy a Trader and/or strategy. - Copy Trading is a trading functionality which allows you to copy the account of other traders. You do this by copying a specific Moonance trader account. By placing a Copy Order, you authorise the Company to automatically adjust your account to the account of the trader selected for copy without any prior approval. This will be done on a pro rata basis with the same products and the same trading instructions. For example, you may start copy trading, stop copy trading at any time you wish. - The Copy Trading Service allows the Client to copy trades on the Company’s platform in one way: Copy a Partner, where you can choose to copy the orders in an account of your Partner. - The Copy Trading Services may result in trades in a number of financial instruments. Each trade opened on the Client’s behalf as part as the Copy Trading will usually be classified under the same asset class as classified in the copied account. - If you are restricted from trading a certain asset class due to Applicable Law or other regulatory requirements, then the Company will take reasonable steps, where permitted by Applicable Law, to ensure that an equivalent or similar trade is opened to replace the restricted trade. - Limitations: The Company does not provide personalised investment recommendations, investment advice, tax related advice or other financial related advice of any kind. Any explanation or information which the Company gives to you as part of a copy trade, or about the performance of the copy trade is not intended to be and should not be considered as advice. This information is provided by the Company solely for informational purposes. - You should use any information gathered from our website as a starting point for your own independent research and investment decision making. However, you should not make investment decisions based on information provided on the Company’s platform. - The Company will take reasonable steps to monitor the performance of any copied trader, as well as the performance of the different trading strategies and portfolios. We reserve the right to pause, stop, or block: a. any Partner of the Company from being copied;

Appears in 2 contracts

Sources: Client Agreement, Client Agreement