COPY TRADING TERMS & CONDITIONS

“Copy trading“ involves setting a proportion of funds to execute the trades of the copied trader from the allotted funds. Vantage copy trading features enable copiers to copy and automate the trade of the signal providers.

“Copier“ or “You“ refers to the trader who copies the trade from the signal provider under the copy trading features on Vantage mobile app. The terms “copier” and “you” are used interchangeably in these terms and conditions.

“Signal provider” refers to the lead trader whose trades are allowed to be copied by the copiers under the copy trading features on Vantage mobile app.

“Client” collectively refers to all users who subscribe to the copy trading features on Vantage mobile app.

“Services” shall include all copy trading features (“Automated Services”).

The above services (“Automated Services”) have been created to facilitate the automated opening, closing, setting up, adjustment and deletion of trading orders, generated by the signal providers. The Automated Services are facilitated by the Vantage Markets, the provision of the investment services falls under the responsibility of the Company.

The Client is informed through this Agreement that in case where the investment service of Investment Advice is offered, it is provided on a non-independent basis since it is based only on Contract for Difference (“CFD”) products offered by the Company.

2. How to get started

2.1 Open a live trading account, provided that the relevant account opening procedure is followed, on the Vantage mobile app;

2.2 Upon verification, fund your trading account;

2.3 Select copy trading account in order to use the copy trading features;

2.4 Start copying trade as a copier and/or build your profile as a signal provider to acquire copiers. Please refer to clause 11 for procedures and requirements of becoming a signal provider.

3. Signal Provider

3.1 Vantage Markets servers keep track of signal providers’ “buy” and “sell” signals. By using the platform, Clients can view, analyse and evaluate signals of the signal providers. Once a copier decides to copy from a signal provider, the said positions shall be opened automatically and shall be executed on the copier’s trading account.

3.2 The copier is informed that he/she will be in a position to view signals from all signal providers that are available on Vantage mobile app. It is further noted that this is subject to the Company’s discretion in accordance with the legislative requirements in each jurisdiction whether the client shall have access to all signal providers and whether a Suitability Test as well as the assessment of the signal providers, which signal providers are eligible to be available (“eligible signal providers”) for each copier shall be performed.

3.3 The copy trading platform enables a full trading functionality for automated and/or manual trading where clients are able to perform the following:

(a) Automatic copy trading. The copiers can select signal providers with trading portfolio or track records that match their personal trading preferences, such as risk tolerance and investment objectives. Once a signal provider has been selected by the copier, all the signals sent by the eligible signal provider will be automatically applied to the copier’s trading account with the Company. No intervention is required by the copier as all account activity is controlled by the signal provider.

(b) Semi-Automatic copy trading: Clients can view all the signals of eligible signal providers in real time. The copiers can choose which trades to copy and execute in their own trading accounts with the Company. Once the copiers select a signal for copying, they can decide if they wish to close the trade manually or they may prefer to let the position be closed automatically when the eligible signal provider closes it.

It is further noted that even if the copiers will have a variety of trades from the signal providers to choose from, to be selected to be added to their trading account, copiers will be in a position to set their own preferences. In addition, copiers will have the ability at any time to manually close trades, irrespective of the mode to be selected.

Before using the Automated Services, the copier must ensure the following:

1. Fully understand the services offered by the Company by conducting independent research into the offering or receiving the Automated Services.

2. Confirm understanding that past trading results of signal providers presented are not indicative of future results.

3. Confirm understanding and acceptance of all risks associated with CFD and margin trading on the financial markets.

4. Confirm understanding and acceptance of all risks associated with internet connection, device configuration, system operational intervals and other relevant technical factors may impact the performance of features on Vantage mobile app for the Automated Services.

5. Understand that signal providers are not employees, agents, or representatives of the Company, nor are they endorsed by the Company.

6. Acknowledge that the copier's trading account may be located on a different server than that of the signal provider, potentially resulting in orders being opened or closed at different prices.

7. Accept all risks associated with differences in trading conditions between the copier's trading account and the signal provider's trading account, which may render some trading actions impossible to execute.

8. Understand and acknowledge that the Company cannot be held liable for any losses resulting from trading orders placed by signal providers or due to technical factors beyond the Company’s reasonable control.

4. Execution of Trades

The Automated Services involve the replication of trades executed by signal providers. You must acknowledge, understand and accept the following:

• Due to various factors such as network latency, market conditions, and technical issues, there may be delays in the execution of copied trades. These delays can impact the timing of trade execution and may result in discrepancies between the prices at which trades are executed for signal providers and copiers.
• In fast-moving markets or during periods of high volatility or low liquidity, there is a risk of price slippage. Price slippage occurs when the execution price of a trade differs from the expected price at the time the trade is placed. Copiers should be aware that price slippage can occur, leading to trades being executed at a less favorable price than anticipated.
• Market conditions can change rapidly, affecting the availability of liquidity and the speed at which trades can be executed. Copiers should consider the potential impact of volatile market conditions on the execution of copied trades.
• Delays in execution of copied orders and price slippage are inherent risks associated with copy trading. Copiers are solely responsible for monitoring their trades and managing their risk exposure accordingly.
• Copiers should consider the liquidity of the financial markets in which signal providers operate. In less liquid markets, it may be technically challenging to copy trades at desired prices, leading to wider spreads and increased slippage. Copiers should be cautious when copying trades in illiquid markets as it may result in difficulties in entering or exiting positions, potentially affecting trade outcomes and increasing trading costs.
• No Guarantee of Identical Execution: While efforts are made to execute copied trades as closely as possible to the signal provider's execution, there is no guarantee of identical execution. Factors such as market conditions and network latency may result in variations in trade execution between signal providers and copiers.

By engaging in the Automated Services, copiers accept the risks associated with the execution of copied trades. The Company shall not be held liable for any losses incurred as a result of delays in execution or price slippage experienced during copy trading. Copiers are advised to carefully consider these risks and seek independent financial advice if necessary before participating in copy trading activities.

5. Suitability Test

The provision of Automated Services is subject to compliance with applicable legislative and regulatory requirements. Prior to offering Automated Services, the Company may collect information to assess the eligibility and suitability of clients for these services. The suitability test results will inform the copier's investment profile and determine the suitability of Automated Services.

Based on the outcome of the suitability test, the Company reserves the right to deny access to Automated Services for copiers who receive a low score or fail the suitability test. In such instances, the Company bears no liability and accepts no responsibility for any resulting losses arising from providing false or misleading information during the suitability test. Providing inaccurate information may lead to an inaccurate investment profile, which may not align with the client's financial situation or objectives. Clients must provide accurate and truthful information during the suitability test to ensure the investment profile accurately reflects their needs and risk tolerance. Failure to do so may result in Automated Services being unsuitable and may lead to potential financial losses.

6. Liabilities

You further acknowledge and accept that:

• The Company does not provide personalized investment recommendations, investment advice, tax services/advice, or other financial advice. Therefore, any information, reference, or performance provided by the Company should not be construed as investment advice;
• The Company provides abundant material on its website, and clients are encouraged to refer to such material and/or information and perform their own independent research and decision-making regarding their trading account and investment decisions;
• The Company reserves the right to monitor the performance of signal providers and can terminate, suspend, or pause the operations of any signal provider of Automated Services at its discretion;
• You are solely responsible for your investment decisions, including the selection of signal providers and the execution of trades. The Company shall not be liable for any losses incurred as a result of your trading activities, including but not limited to losses arising from the actions or strategies of signal providers, market fluctuations, technical issues, or any other factors beyond the Company's control;
• The Company is not liable for any losses or damages arising from the use of third-party services, including signal providers, trading platforms, or other software applications, accessed through the Company's platform or services;
• The Company makes no warranties, express or implied, regarding the accuracy, reliability, or completeness of any information, materials, or services provided, including but not limited to the performance of signal providers or the suitability of Automated Services for your individual needs; and
• In no event shall the Company, its officers, directors, employees, or affiliates be liable for any direct, indirect, incidental, special, or consequential damages arising out of or in any way connected with your use of the Company's services, including but not limited to damages for loss of profits, goodwill, use, data, or other intangible losses, even if the Company has been advised of the possibility of such damages.

By accepting and signing this Agreement, you agree to the terms outlined above and acknowledge that you have read, understood, and accepted the associated risks and disclaimers.

7. Risks

You should always consider your financial situation and capability before opting for Automated Services in CFD trading. Copy trading carries substantial risks and speculation, potentially resulting in significant losses that could surpass the initial investment. By engaging in Automated Services, you acknowledge and accept the inherent risks associated with our services and copy trading. These risks stem from various factors, including:

• Copy trading involves automated execution of trades, where positions are automatically opened and closed based on the investment decisions of the signal provider(s) being copied, without manual intervention by the copier;
• If the copier chooses to manually intervene in the trading decisions of the signal provider by modifying or closing a position, the outcome may significantly differ from that of the signal provider;
• The copier's trading balance must be sufficient to cover the minimum amount required for each trade; failure to meet this requirement may result in execution failure or forced closure of positions due to margin calls.
• If the copier enters into Automated Services or copies trades that are already open, positions will be opened at the best available price at the time of copying, not necessarily at the price when the trade was originally opened by the signal provider;
• Copiers should be mindful of the risks associated with leverage when executing trades. While leverage can amplify potential profits, it also magnifies potential losses. Copiers should carefully consider their risk tolerance and ensure they understand the implications of leverage before engaging in copy trading activities.
• Any actions taken on the signal provider's account may lead to significantly different results for the copier, as this can potentially affect various trading proportions such as trading balance, minimum trade amount, account settings, spread, interest, investment price, and fees incurred; and
• Risks associated with signal providers include:
  • Copying trades from inexperienced or non-professional signal providers.
  • Copying trades from signal providers whose intentions or financial positions differ from those of the copiers.
  • Copying trades from signal providers with substandard performance or track records.
  • Copying trades from signal providers whose portfolios include products that may be restricted due to applicable legislation in the copier's trading account or jurisdictions, potentially leading to deviations from the signal provider's portfolio.
  • Copiers should be cautious of over-optimization in trading strategies employed by signal providers. Over-optimization occurs when trading strategies are excessively tailored to historical data, potentially leading to poor performance in real-market conditions. Copiers should carefully evaluate the robustness and adaptability of signal providers' strategies to ensure they are not overly optimized and prone to failure in varying market environments.
  • It is further noted that the Company does not guarantee any performance whereas you should refer to the Risk Disclosure with regards to the inherent risks of the products you would like to trade with Automated Services.

Past performance should not be considered indicative of future results. References to past risk scores, statistics, or any other data regarding signal providers and the Company's Automated Services do not guarantee future outcomes. The Company bears no responsibility or liability for the outcome of your trading, including profits or losses. Additionally, the Company does not guarantee that the results of Automated Services will mirror those of the signal provider.

8. Conflicts of Interest

The Company shall act in the best interest of its clients when providing Automated Services however, there may be cases where clients’ best interest may be in conflict with another client’s best interest or the Company’s. Please refer to the Client Agreement for more information on conflicts of interest.

9. Trading via Automated Services

Once you register with the Company you will be able to log in to Vantage Markets mobile app with your platform credentials. Before you are able to copy from a signal provider you will need to ensure that your trading account is sufficiently funded whereas such funds will be allocated to your copied account. Once you have selected the signal provider(s) of your choice to copy from, the trades will be automatically executed for you which means that you hereby acknowledge that no confirmation shall be obtained from you before positions are executed. Similarly, the opening of such positions will not require your authorization, prior consent or prior approval whereas trades below the minimum amount shall not be opened/executed. In case copy trading is chosen and you choose to close a single position while copying the signal provider, the trading balance will be proportionally redistributed among the remaining open positions during the next rebalancing process.

Please be informed that when using Automated Services, there are several restrictions to consider. These restrictions include the minimum and maximum amounts that can be invested, limitations on the number of signal providers you can copy from, as well as the minimum number of trades and the maximum amount allowed for investment.

Execution of trades when copy trading is used can occur in the following ways:

9.1 All open trades in a certain account and new trades which are opened after you copy from a signal provider; or

9.2 Only new trades which are opened following the subscription to a signal provider, i.e., trades will not be entered prior to this point.

9.3 You are permitted to copy existing and new trades.

When you are copying trades which are currently open, the positions will be opened at the best available price at the time of copying and not the price at the time which the trade was originally opened. IF the relevant markets are closed at the time of copying, the market order will be opened once the market(s) reopen at the first available price.

When you are copying only new trades:

9.4 The positions will ideally be opened simultaneously with the trades being copied; however, it's important to acknowledge that there may be a delay in actual execution due to potential delays in data transmission; and

9.5 All instructions/actions will be automatically executed and reflected on your trading account including orders such as stop loss, take profit and trade closure. This means that in case the signal provider you have copied from extends the stop loss then this will be automatically reflected on your account too, however the position amount will remain unchanged.

It is noted that Vantage Markets may provide additional features from time to time at its sole discretion which may affect the Automated Services.

10. Profit-sharing model

The copiers agree to compensate signal providers for the provision of copy trading services offered, based on a profit-sharing model that the Company designs to ensure fair and competitive profit sharing. The profit-sharing model, as governed by the terms and conditions set forth herein, should determine how signal providers are compensated.

10.1 Signal providers are given unrestricted access to set a profit-sharing ratio ranging from 0% (lowest) to 50% (highest), which is imposed on the copier’s gain, as per the high-water mark (“HWM”) rules. Signal providers may change the profit-sharing ratio at any time; however, the change does not affect the percentage amount due under any existing copied trades with the signal providers. Once a trade has been successfully copied from a signal provider, the profit-sharing ratio is set, fixed and unalterable.

10.2 The profit-sharing ratio is only applicable when signal providers generate a profit from the trades copied by the copiers, as per the HWM rules. In event of losses, signal providers will not be compensated.

10.3 HWM refers to the highest value that a copier’s current floating profit level has ever reached. Based on the HWM rules, signal providers are required to keep their copier’s current floating profit level above the HWM threshold during each weekly settlement in order to receive a performance fee from the copier, which is derived from the gain difference between the current floating profit level and the HWM. Signal providers are not entitled to any compensation if their copier’s current floating profit level falls below the HWM.

10.4 The current floating profit level of a copier is evaluated and settled on every Saturday from 0000 to 0200 (GMT+3 during Daylight-Saving time or GMT+2 during Standard ‘Winter’ Time), unless otherwise informed in writing. The settlement schedule or timing is subject to change without prior notice, and under no circumstances shall the Company be liable regardless of the form of action for any failure of performance, system, server or connection failure, error, malfunction, omission, interruption, delay in transmission or communication, internet access difficulties or computer virus.

10.5 If qualified as per clause 10.3., a performance fee calculated based on the profit-sharing ratio, will be withdrawn from the copier’s account, and paid to the copied signal provider as a form of commission. The current floating profit level before fee realization becomes the new HWM threshold.

10.6 The payment of such performance fee can only take place when the copier’s margin level is 100% or higher following the fee realization. The Company reserves the right to withhold, forfeit or cancel the performance fee if the margin level is under 100% or bound to fall under 100% upon fee realization.

10.7 In the event that copiers engage in transactions within an account denominated in a currency different from that of the signal provider, the performance fee incurred shall undergo conversion from the copier's account currency to the signal provider's account currency. The conversion process may take place on a daily, weekly, or monthly basis, as determined by available options. The conversion rate will be based on the market rate prevailing at the end of the business day, contingent upon the option selected by the signal provider, and will be applied to facilitate the conversion.

10.8 The conversion rate utilised for this purpose will be sourced from a reputable and established currency exchange data provider. The signal provider explicitly agrees to release and disclaim the Company from any liability arising from or related to the currency conversion process. This includes, but is not limited to, any discrepancies in the conversion rate, fluctuations in the foreign exchange market, or any other factors impacting the accuracy of the conversion.

10.9 Copiers are allowed to deposit and/or withdraw while holding open position(s) with signal providers. The amount eligible for withdrawal is subject to the maximum allowable deduction after taking account of the payable fees and margin level.

10.10 The Company reserves the right to offer new copiers a designated privilege period during which they are exempt from the profit-sharing model. Within the privilege period, new copiers are not required to allocate any portion of the profits generated from their copied trades to the signal providers. The privilege period typically spans two weekly settlement cycles but may be subject to change, with advanced notice provided to all parties involved.

10.11 When the privilege is in effect, all potential profits generated from the copied trades are retained by the copiers. Conversely, if the copied trades result in losses, copiers will also incur corresponding losses.

10.12 Upon the expiration of the privilege period, the copiers have the option to continue copying the same signal providers or opt out, as the profit-sharing model reverts to the standard rate, in accordance with the aforementioned terms and conditions.

The Company reserves the right at its absolute discretion to amend the profit-sharing model described herein from time to time without prior notice. The Company’s decision or resolution regarding the profit-sharing model and/or in every situation including any not covered by these terms and conditions, shall be final and binding on all copiers and signal providers.

11. Becoming a signal provider

In order to uphold the standards of knowledge and competence necessary for signal providers to fulfill their obligations effectively, the Company reserves the right to implement relevant procedures as deemed appropriate at its absolute discretion. The Company shall ensure signal providers are well-informed about the procedures which must be followed for proper discharge of their responsibilities. Signal providers are required to act honestly, fairly and professionally, in their conduct and operations with regard to copy trading.

To further promote transparency and integrity, the Company reserves the right to impose additional requirements on signal providers whenever necessary and appropriate. These requirements may include, but are not limited to, the disclosure of interests or conflicts of interest. Additionally, the Company may request signal providers to furnish relevant information or supporting documents as part of the aforementioned procedures or requirements. By establishing these measures, the Company aims to create an environment where signal providers are equipped with the necessary knowledge and skills, act in the best interests of their clients, and uphold the principles of fairness and professionalism in the copy trading ecosystem.

The following requirements outline the procedures and guidelines for clients applying to become signal providers with Vantage Markets:

11.1 Eligibility:

• Applicants must have an active live trading account with Vantage Markets.
• Applicants must meet the minimum deposit requirement of USD 500 or its equivalent.

11.2 Identity Verification:

• Applicants must complete and pass the identity verification process to ensure compliance with regulatory requirements.
• The verification process may involve submitting valid identification documents and proof of address.

11.3 Trading Knowledge and Skills:

• Applicants are required to undertake a test on trading knowledge and skills to assess their proficiency.
• In the event of failing the test, applicants may have the opportunity to retake it to improve their results. However, it is important to note that repeated failures may lead to disqualification of the application.

11.4 Acknowledgement:

• By applying to become a signal provider, applicants acknowledge their understanding and acceptance of the terms and conditions.
• Applicants must also acknowledge and agree to the declaration of providing accurate and bona fide information.
• Applicants are required to comply with the terms and conditions governing the role of a signal provider and the copy trading provision.

11.5 Evaluation and Approval:

• Each signal provider application will be evaluated and reviewed.
• The evaluation process may consider factors such as trading experience, track record, and adherence to compliance requirements.
• Approval as a signal provider is subject to the Company’s discretion, and Vantage reserves the right to reject or terminate any application without providing reasons.

11.6 Public Mode:

• Signal providers are required to activate the public mode, allowing public access to their signals.
• Copy trading features will be disabled for signal providers who choose to operate in the off public mode.

11.7 Responsibilities:

• Signal providers must adhere to ethical trading practices and comply with all applicable laws and regulations.
• Signal providers are expected to uphold high standards of professionalism and consistently meet performance expectations.

The Company reserves the right to modify or amend any of the procedures outlined above at its absolute discretion, without prior notice.

The Company conducts periodic evaluations of all signal providers to ensure ongoing compliance with the established standards and requirements. These evaluations serve as a proactive measure to assess the performance, knowledge, and adherence of signal providers to the prescribed guidelines. By regularly reviewing the activities of signal providers, the Company maintains a vigilant approach to upholding the quality and integrity of the copy trading platform. The Company reserves the right to cancel or terminate any signal providers who fail to meet performance expectations or demonstrate a lack of good faith in their actions, at its absolute discretion.

12. Fees

When you place a trade via the Automated Services, there is a fee to be paid. Please refer to the fees of the underlying product(s) you are copying for the associated fees and costs. For additional information please refer to the Client Agreement and the website of the Company.

13. Liabilities

Neither Vantage Markets nor any of its Affiliates or associate third parties will be liable to any party for any damages, claims, expenses or losses of any kind (whether direct, indirect, special, incidental, punitive, exemplary or consequential or otherwise) suffered by any party and/or arising from or in connection with any of the following:

13.1 Actions taken by Vantage Markets in order to carry out written/spoken instructions;

13.2 Decisions/actions taken by the signal provider(s), trades of whom the copiers have copied from;

13.3 Specific decisions/actions/omissions performed in good faith by the signal provider(s);

13.4 Use of or reliance on any information, data, materials and contents available on the Company’s website and/or mobile app; and/or

13.5 Any failure of performance, system, server or connection failure, error, malfunction, omission, interruption, delay in transmission or communication, internet access difficulties or computer virus.

14. Provision of Services

The Company reserves the right to amend the services described herein from time to time and determine the eligible jurisdictions where such services will be provided to. The Company reserves the right to terminate an account in case any client, including a copier or signal provider, is determined to be ineligible and/or if there are suspicions of fraud, manipulation and/or provision of falsified information.

15. Data Privacy

The Company provides a real-time copy trading platform which integrates rich community and social characteristics into the trading platform. As part of the Company traders’ network, traders who choose to be part of the community may share their opinions, strategies and performance.

It is noted that the traded amount is never published online and the said traders have expressly agreed to be part of the network and share their opinions, strategies and performance online. Any actions you may engage with such as downloading, installing and/or accessing the copy trading services of the Company in relation to the trading platform, constitute your agreement, acceptance and acknowledgment that the following information and content shall be considered non-confidential and non-proprietary information (other than your personal data as per the Privacy Policy of the Company), collectively, the “Data” and shall be publicly shown on the website:

• Your username and full name;
• Your picture/avatar (where applicable);
• Your state of residency;
• Gender;
• Networks; list of users who follow you;
• Users who follow or copy you, etc.
• List of users you follow or copy; and
• Any network status/posts/blogs and any other content options that enable the users to interact amongst themselves, including without limitation content and information you post on the Company’s mobile app, website, comments, feedback, postings, “likes”, blogs and/or all information that you provide to the Company via the mobile app, website, email, chat, fax or telephone and/or any other means.

16. Risk Warning and Disclaimer

Copy trading features are associated with inherent risks whereas you are encouraged to consider your financial position and risk appetite before you decide to use these features. You should take into consideration that copy trading can lead to significant losses.

Any reliance on information provided on the website of the Company is solely at your own responsibility whereas copy trading features are provided solely for information purposes. Hence, you are encouraged to consider your trading decision and whether you can afford to lose your invested capital by conducting your research prior to taking any investment decision. You are solely and exclusively responsible for determining whether the signal providers whom you follow or copy the trades from, have the trading experience, skills and strategy among other key attributes that fit your risk appetite and investment objectives.

Once you copy a signal provider then positions will be opened/copied bearing the same stop loss/take profit amounts as well as leverage, to the best possible extent whereas any trades attempted to be copied without sufficient funds will not be opened/copied. You should take into consideration that once you copy a signal provider, the positions will be opened and/or closed automatically without further notice and/or intervention which may lead to both profits and/or losses. The Company is not responsible for any losses which may be incurred as a result of copy trading. Should you decide to manually intervene with the copied trades, then you should be aware that the result can and may be different than the signal provider’s you copied. It is also noted that any action of the signal provider can cause a different result on your account such as withdrawal, modification which can ultimately affect the proportions of the trades.

The Company is not responsible for any trading decisions of copiers and/or traders whereas any content, material, information and/or past performance should not be construed as an indication of future results as it is used for informative purposes only. You should perform your own research and should not rely on the opinion or advice of the signal provider(s) and/or trader(s) as such do not constitute financial advice and should be treated with caution. It is further not guaranteed that what any profits and/or losses of the signal provider will be achieved by the copier whereas the Company cannot secure that a trade/position will be executed at the same time as the signal provider and/or order price and a higher amount may be lost as can be affected by numerous variants such as account balance, number of deposits/withdrawals, market, account settings and features of the signal provider’s account.

Attention must also be placed on the variations between past performance and the actual results of the copy trading as there are inherent differences such as financial risk and ability to incur losses at the time of trading. Therefore, should you decide to engage in copy trading feature, you agree to proceed at your own responsibility and any opinions/view expressed between traders and/or signal providers do not amount to investment advice and/or financial advice either directly and/or indirectly. All traders should seek independent financial and/or tax advice should they decide to proceed with copy trading and they remain responsible for any actions and/or trading decisions on their trading account prior and/or once they engage with the copy trading feature.

17. Risk associated with varying account types and currency denominations between the copier and signal provider.

Copiers should exercise due diligence and recognise the inherent risks associated with choosing a signal provider registered to a distinct account type, which may be subject to varying trading conditions. These conditions include, but are not confined to, differences in spread and commission structures. It is crucial for copiers to understand that these divergent trading conditions can significantly influence the outcomes of copied trades, predominantly due to variations in spread. In other words, copying the same trades under diverse trading conditions between the copier and the signal provider may result in different outcomes.

Copiers explicitly disclaim the Company of any and all liability arising from the outcomes of their investment activities, including but not limited to any incurred losses. It is the copiers' sole responsibility to diligently conduct thorough research on the varied account types and comprehend their implications when engaging with a signal provider utilizing a different account type or currency.

Copiers acknowledge and agree that the Company provides a platform for copy trading, facilitating the connection between copiers and signal providers. However, copiers bear full responsibility for assessing and understanding the unique characteristics, risks, and trading conditions associated with different account types.

This disclaimer extends to any potential discrepancies in currency, spread, or commission structures between the copier's account and that of the signal provider. Copiers acknowledge that these differences may significantly impact the outcomes of copied trades and accept full responsibility for the associated risks.

By utilising the copy trading features, copiers confirm that they have conducted their own research, comprehensively evaluating the factors influencing the trading conditions. Copiers are aware that the Company does not provide financial advice or guarantees on investment outcomes. Consequently, they absolve the Company of any liability, holding themselves accountable for the consequences of their chosen trading activities and strategies.

With this statement, the Company intends to ensure that copiers are well-informed, exercise due diligence, and assume personal responsibility for the risks inherent in copy trading with signal providers operating under different account types or currencies.