This document is a public offering (hereinafter referred to as the “Offer”) for the provision of the “Auto Follow” service by a brokerage company (hereinafter referred to as the “Company”). Activation of the service means full acceptance by the client (hereinafter referred to as the “Client”) of the terms of this Offer.
1.1. “Auto-follow” service - automatic copying of manager’s transactions to the Client’s account in a proportional amount.
1.2. Manager is a professional trader whose transactions are copied to the Client’s account.
1.3. Auto-following period - the period of validity of the service determined by the Client upon connection (from one week to three months).
1.4. Remuneration is an amount equal to 10–20% of the net profit received by the Client during the Auto Follow Period. The exact amount of the manager’s remuneration is selected individually for each client, depending on the trading strategy and the amount of working capital - it is established before connecting the service.
2.1. To activate the service, the Client selects the appropriate strategy from the ones offered to him, and verbally (gives voice confirmation) confirms his agreement with the terms of this Offer.
2.2. During the service, the Client does not have the right:
2.3. All restrictions on the account are removed after the end of the Auto-Following Period and payment of the Manager's remuneration.
3.1. The Manager's remuneration ranges from 10% to 20% of the Client's net profit. Depends on the trading strategy and the amount of working capital - is set before connecting the service - individually.
3.2. Payment of the remuneration is made within 3 (three) working days after the end of the Auto-Following Period.
3.3. Payment of remuneration is made by depositing funds by the client. The details for payment are provided by the manager upon completion of the autosurvey.
4.1. The manager is responsible for all trading operations performed within the service.
4.2. The Company recommends that the Client activate the account insurance service to exclude possible losses.
4.3. The company is not responsible for market risks and losses associated with the actions of the manager.
5.1. The service is automatically terminated upon expiration of the period specified by the Client upon connection.
5.2. Early termination of the service is possible only with agreement with the Company.
5.3. Early termination of the service is accompanied by a fine equal to 50% of the net profit received at the time of early termination of the service.
6.1. This Offer is a legally binding document from the moment the service is activated by the Client.
6.2. The Company reserves the right to make changes to the terms of the Offer. The current version is always available on the official website of the Company.
6.3. Activation of the service means the Client’s full agreement with this Offer and the terms of service.