This document forms part of the legal framework governing the copy trading service made available by iTrade FX. Please read it carefully before connecting your account to the source account or enabling trade copying.
Copy trading involves substantial risk. By accessing the service, connecting to the source account, or replicating trades, you acknowledge that you understand and accept the terms below in full.
Acceptance of Terms
Accessing the copy trading service, connecting to the source account, and copying trades constitute full, express, and unconditional acceptance of these Terms and Conditions, including this disclaimer. Use of the service constitutes implied consent without the need for separate written confirmation.
Client Responsibility
Participation in the copy trading service is undertaken exclusively at the client's own risk. The client understands and accepts that trading on financial markets involves significant risks, including the possibility of partial or total loss of the invested capital.
Limitation of Liability of the Source Account Managers
The managers of the trading source account assume no liability for any direct or indirect losses resulting from the use of the copy trading service, including but not limited to:
- technical errors of the copying system;
- delays in order execution;
- differences between the execution prices of the source account and the copied accounts;
- incorrect opening or closing of trades;
- improper replication of traded volumes.
No Performance Guarantees
The source account managers do not guarantee and are under no obligation to achieve any particular level of profit, monthly return, trading frequency, or activity level. Any information regarding past performance is provided strictly for informational purposes.
Past Performance
The client acknowledges and accepts that past results do not guarantee future results, and that the historical performance of the source account does not constitute a promise, an offer, or a guarantee of profit.
Risk Management and Capital Withdrawals
The client copying the source account bears full responsibility for all potential losses, including the occurrence of significant drawdown, especially in situations where clients make capital withdrawals that exceed the recommended level required to maintain adequate risk management. Responsibility for capital sizing, risk level, and continuity of copying rests exclusively with the client.
Nature of the Service
The copy trading service does not constitute financial advice, a personalized investment recommendation, or an offer of financial instruments. All copying decisions are made exclusively by the client based on the client's own assessment.
Final Provisions
This document is an integral part of the general Terms and Conditions of the service and may be amended without prior notice. Continued use of the service constitutes acceptance of any subsequent amendments.
Performance Fee
By using the copy trading service, the client expressly and unconditionally accepts the payment of a performance fee equal to 30% of the profit generated as a result of copying trades from the source account.
The minimum amount required to connect to the copy trading service is USD 1,000.
The method of calculation, deduction, and payment of this fee is determined by the service provider or by the platform used. The client waives any claims or objections relating to the application of this fee, provided that the profit has been effectively generated.