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com
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3.3 An Investor accepts risks that the total margin requirements for accounts of a Master and an Investor may
COPYTRADE CLIENT AGREEMENT differ.

1. GENERAL PROVISIONS 4. MARKET RISK


1.1 This CopyTrade Client Agreement (hereinafter called the "Agreement") is made by the Dollars Markets Ltd., providing 4.1 An Investor accepts risk of the fact that execution price of orders on this account may differ from execution price on
services under Dollars Markets trademark, (hereinafter called the "Company"), whose registered office is located at: account of a Master due to Market execution. The Company doesn’t compensate a possible difference in profit/loss
33, Edith Cavell Street, Port Louis, 11324, registration number 179703, and an individual or a legal entity (except for and commission for such transactions.
stateless persons; individuals under 18 years of age) (hereinafter called the "Client", “Investor” AND/OR “Master”).
The Parties agree that providing of services and this Agreement are settled at the place, where the Company is 4.2 Volatility or illiquidity in the Forex markets may prevent orders from being executed at advantageous prices, or at
registered. all. Dollars Markets Limited shall not be liable to any person for any losses, damages, costs or expenses (including,
but not limited to, loss of profits, loss of use, direct, indirect, incidental or consequential damages) occurring
1.2 By utilizing CopyTrade platform, you agree to be bound by the following terms and conditions. This is a legal because trades cannot be executed due to market conditions. A Master accepts risks of non-receiving commission
agreement between you and Dollars Markets Limited for use of the website, data Dollars Markets Limited electronic because of the fact that Investor may not have sufficient funds for executing an order. The Company bears no
trading platform (CopyTrade), and products and services which you selected or initiated, which may include the responsibility and doesn’t compensate non-executed orders for such cases.
CopyTrade trading platform and signal providers. The CopyTrade platform is an auto-trading system. The CopyTrade
platform receives trading signals from third party signal providers (hereinafter called the “Master”). Once the signal
is received, Dollars Markets Limited validates the signal and confirms whether it is consistent with the Investor’s
5. TECHNICAL RISK
account settings and preferences. If the signal is accepted, Dollars Markets Limited sends the trading signal for
5.1 Client accepts the risks of financial losses incurred because of failures of information, communication,
execution.
electronic and other systems. Client accepts the risks of financial losses, which can happen because of
malfunction of hardware and software facilities and poor communication at Client’s side. Client bears
2. APPLICATION OF THE COPYTRADE AGREEMENT responsibility for his financial losses incurred because of ignorance of the instructions presented in the Client’s
Terminal Instruction Manual.
2.1 This CopyTrade Agreement come into effect for both the Company and its clients on the date of opening trading
account. The termination date of this document is the same as the termination date of the Client Agreement. 5.2 The Company recommends that Investors should be cautious when using a mobile device for trading or
receiving data from the CopyTrade platform. Handheld mobile devices depend on wireless connectivity, are
2.2 In case any conflicts between articles of this Agreement, the Client Agreement, or any other regulatory document of
subject to the limitations of 3G, WiFi, and GPRS networks restrictions. Dollars Markets Limited shall not be
the Company arise, the articles of this document are considered prevailing over the articles of other regulatory
liable to any person for any losses, damages, costs or expenses (including, but not limited to, loss of profits,
documents.
loss of use, direct, indirect, incidental or consequential damages) resulting from the Investor's use of a
2.3 CopyTrade is the Company’s self-design project. The terms and the ways of calculation may differ from the terms handheld mobile device.
of other similar services in the field.
5.3 An Investor accepts possible risks of losses or lost profit that may occur due to rounding of values when using
2.4 The Company has the right to make amendments to the articles of this Agreement any time. The changes come flexible settings of volume during copying of transactions of a Master.
into effect and become obligatory for a Client on the date specified.
5.4 An Investor accepts risk of possible losses or lost profit that may occur due to incorrect settings of copying, as well
as inability to edit settings after connecting to Master’s Offer.

SECTION A – RISK DISCLOSURE 5.5 A Master accepts risks of non-receiving the total amount of commission because of the fact that an Investor may
not have sufficient funds for performing such operation. The Company bears no responsibility and doesn’t
Activity on the financial markets is inevitably related to a large number of risks. The Client acknowledges that they compensate the difference in commission in such cases.
are warned about the losses that they may incur from engaging in such activities. This Risk Disclosure Notice
describes the most common risks, but due to the nature of the activities undertaken at financial markets, other risks 6. COMMUNICATION RISK
may arise that are not foreseen by this Notice.
6.1 Client accepts the risks associated with unauthorized access to the information he sent (by electronic mail or
An Investor and Master agree with the fact that participating in CopyTrade is associated with risks. An Investor and using instant message service) in case it was sent unencrypted. Client accepts the risks of financial losses
Master fully accept risk of possible losses, that can occur as a result of activity of a Master during the chosen Offer. incurred in result of delay or non-receipt by Client a message from the Company. Client bears sole
The Company does not provide investment advice, nor provide any personalized investment recommendations responsibility for safety of confidential information received from the Company and accepts the risks of financial
and/or advise Client on the merits of any investments. A Master performs trading operations on his own behalf, on losses incurred in result of unauthorized access of the third parties to the trading account.
his own account, and at his own risk.
7. FORCE MAJEURE
3. LEVERAGE RISK/EFFECT
7.1 The Company holds no responsibility for any activity of the third parties, which may influence on the
3.1 When making transactions on terms of marginal trading, a relatively minor deviation of the rate can bring either cooperation between the Company and the Client. An Investor accepts risks associated with the fact that a
considerable profit or losses. When the market moves against Client, he can lose all the deposited funds. The Master may not have a license confirming his qualification. A Master accepts risks of the fact that Investor may
Client shall be fully liable for allocation of his/her financial resources, the relevant trading strategy, and shall not have enough experience and knowledge that may affect results of trading on Investor’s account and
take into account all leverage-related risks. Master’s commissions.

3.2 An Investor accepts risks of possible losses due to the fact that Master may partially close his position and it 7.2 Client accepts the risks of financial losses incurred in result of force majeure circumstances: hostility, terrorist
will lead to closing current position and instant opening of new position on the account of an Investor. The new acts, acts of God, trading halts at financial markets, sharp decrease of liquidity caused by financial market
position on the account of an Investor will be of equal relative size to the position of Master. instability, currency interventions, legislation changes, changes of other parties’ conditions, etc.
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7.3 The Company shall bear no responsibility before the Client for any actions, inactions or omissions of a third (b) The account is verified,
party and also for any losses incurred by the Client in a result of actions, inactions or omissions of a third
party unless such losses directly arise from the Company’s willful default or fraud or gross negligence. The (c) If these conditions are not met, the Master’s Account will not be published for copying in the CopyTrade
Company shall also bear no responsibility or liability for unfavorable consequences for the Client due to the Application.
insolvency/bankruptcy of a third party.
10. RESPONSIBILITIES OF THE COMPANY
10.1 The Company shall provide participants of CopyTrade with a complete package of services according to the Client
Agreement. The Company is liable for proper performance of technological solutions according to the Client
SECTION B – RESPONSIBILITIES OF PARTIES Agreement.

8. RESPONSIBILITIES OF AN INVESTOR 10.2 The Company bears no liability to participants of CopyTrade for lost profit or losses, which may directly or indirectly
occur as a result of trading operations performed or not performed by an Investor or a Master.
8.1 Participation in CopyTrade as an Investor implies the absolute acceptance of this Agreement. An Investor confirms
10.3 The Company bears no liability to participants of CopyTrade for lost profit or losses, which may be directly or
the fact that he has carefully studied the Client Agreement, this Agreement, and the conditions of the Offer he
indirectly occur as a result of their ignorance of regulatory documents or cooperation scheme.
chose.
10.4 The Company doesn’t evaluate Masters’ professional skills and suitability not on a single stage of their activity and
8.2 An Investor accepts the fact that a Master’s profitability over the past periods does not guarantee the same results
bears no responsibility to Investors for any losses or lost profit they may incur.
in the future.

8.3 An Investor accepts that the minimum deposit specified in a Master’s Offer is just the minimum threshold required 10.5 The Company is not liable for:
to connect to a Master’s Offer.
(a) Intentional or unintentional non-observance of Investors’ interests by a Master. In this case, all possible risks
8.4 An Investor agrees that Masters can use any trading strategy within the provisions as stipulated in the Trading fall on Investors.
Rules. Masters perform trading operations, using their own funds; they are not a trustee of an Investors’ funds and
don’t provide them with consultations. (b) Fraud with Investors’ funds on behalf of a Master. In this case, all possible risks fall on Investors.

8.5 An Investor assumes responsibilities for having enough funds on his account to execute orders and sustain (c) A Master’s losing access to their trading accounts, as well as the third parties’ gaining access to these
positions regardless whether they were copied, opened manually or by an Expert Advisor. accounts. In this case, all possible risks fall on a Master.

8.6 An Investor agrees to pay Masters a fixed commission from their profit. The rest of earned money will stay in the (d) An Investor’s losing access to their trading accounts, as well as the third parties’ gaining access to these
Investor's account. accounts. In this case, all possible risks fall on an Investor.

(e) Unforeseen delays when withdrawing funds or transferring them between accounts (if these delays occur
9. RESPONSIBILITIES OF A MASTER through no fault of the Company).

9.1 Participation in CopyTrade as a Master implies the absolute acceptance of this Agreement. A Master confirms the (f) Technical malfunction, if it occurs through no fault of the Company, but of the Company’s partner or other
fact that he has carefully studied the Client Agreement, this Agreement, and the conditions of the Offer he chose. parties, who are not the Company’s employees.

9.2 A Master confirms the fact that his trading experience and practical skills allow him to perform trading operations in (g) Masters’ or Investors’ losses, if they occur during the maintenance operations on the Company’s servers.
order to provide Investors with trading signals.

9.3 A Master accepts that ignorance or misreading of this Agreement and/or Offer conditions doesn’t release him from SECTION C – SERVICE TERMINATION
responsibility for financial results of his trading activity and/or risks.
Company may, at its sole discretion and without having to provide reason, refuse provision of the services, and may terminate
9.4 A Master accepts risk of the fact that execution price of orders on Investor’s account may differ from execution the service at any time for any reason not stipulated herein, by notice to the e-mail address provided by the Client.
price on his account. The Company doesn’t compensate a possible difference in Master’s commission for such
The Company may terminate the service immediately at any time, without prior notice, if it determines, at its sole discretion,
transactions.
that the Client fails to comply with any of the terms and conditions of the Agreement, or in the event that there are reasonable
9.5 A Master accepts the fact that an Investor can close and modify transactions on his account, which he copied from grounds to suspect that the Client is acting in a manner inconsistent with any of these Terms of Use.
a Master’s account. The Company bears no responsibility for that and doesn’t compensate a possible difference in IN ANY EVENT OF TERMINATION OF THE PRODUCT OTHER THAN PURSUANT TO PARAGRAPHS 1 and 2 ABOVE,
a Master’s commission for such transactions. REGARDLESS OF THE TIME OF ITS OCCURRENCE, THE CLIENT IS NOT ENTITLED TO ANY REFUND OF PAYMENT,
AND ANY AND ALL SUMS OWED BY THE CLIENT IMMEDIATELY BECOME DUE AND PAYABLE.
9.6 When you join the CopyTrade as a Master, you agree to publish the content that complies with the following rule:
In the following cases, CopyTrade reserves the right to terminate an account without prior notice:
(a) It is forbidden to mention the names, logos, or any information related to communities, websites, shops, and
companies. If this requirement is not met, your content will be considered as an advertisement and the (a) The use of a 3rd party trading system without its written consent.
Company reserves the right to ban you from using the application.
(b) Any form of advertising of 3rd party services which are not related to CopyTrade.
9.7 A Master confirms that the commission from Investors' profit is a fixed rate.
(c) Any means to falsify or adjust trading results as seen on CopyTrade.
9.8 A Master will be available for copiers in the application only if his/her account meets the following conditions:
(d) The use of spam to promote a signal.
(a) The account balance is $100 or more,
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(e) Any method that may compromise the operation of CopyTrade. Investor – the company’s client, registered as an Investor and who copies the Master’s orders.
Hedged margin is a guarantee requested by the dealer for opening and maintaining locked positions.
(f) The reproduction, copying or reselling of the CopyTrade service without the permission of CopyTrade.
Leverage – ratio of margin amount and amount of transaction. Leverage 1:100 means that in order to make a
(g) Using 3rd party accounts. transaction, it is necessary to have in your account an amount that is 100 times less than the amount of transaction.
(h) Violations of the Client Agreement and/or Trading Rules. Limit & Stop Levels – minimal distance in points between the level of placed pending order and the current price.
Line Chart is a type of chart, which includes a series of closing prices per fixed period of time with the current price. In
SECTION D – DISPUTE RESOLUTION MetaMaster4 and MetaMaster5 trading terminals, lines are displayed at the level of Bid price.
Locked positions - long and short positions of the same size that are open on the same instrument with the same
In case a participant of CopyTrade is not satisfied with any of its aspects, he has the right to file a complaint according to the
Dollars Markets Limited Client Agreement. trading account.
Long position (Long) – position opened by Client in anticipation of instrument price increase.
A complaint will not be considered if it isn’t written in accordance with the Client Agreement.
Lot is a unit to measure the amount of the deal.
A complaint will be considered and the decision on this complaint will be made based on the Dollars Markets Client Agreement
Margin – cash security to support open positions.
and this Agreement.
Margin Level – ratio of Equity and Margin presented in percent, i.e., Margin Level = (Equity/Margin)*100.
SECTION E - TERMS AND INTERPRETATION Margin trading – making deals using leverage.
Market Execution – this mode assumes that your order will be executed using not the price you see on the screen,
Amount of transaction – product of number of lots and lot volume. but the price, which exists at the market at the moment of order execution. This price can be either better or worse than
the one the Client saw at the chart when pushing "Buy" or "Sell" button.
Ask – price Client pays when buying.
Master – the Company’s client, who registered a Master’s account. Trading operations on a Master’s account are
Balance – total financial result of all complete finished transactions and operations of depositing/withdrawing assets in signals for executing orders on Investors’ accounts.
transaction account. Members Area – an own private section at the Company’s website used by the Client to make transactions to withdraw
Bar/Candlestick is an element of the chart, which includes opening and closing prices, as well as maximum and and deposit funds from/to the trading account, as well as to receive information about his trading accounts.
minimum prices per fixed period of time chosen by the Client. In MetaMaster4 and MetaMaster5 trading terminals, bars Non-market quotation – quotation, which satisfies the following conditions: existence of serious price gap and fast
and candlesticks are displayed at the level of Bid price. return of the price to the precedent level.
Bid – price Client pays when selling. Offer – an electronic form of a Master’s public offering, according to which an Investor can subscribe to copy trading
Chart is a tool for illustrating the price movement in graphics per fixed period of time with the help of bars/candlesticks signals. The offer can not be considered as a formal agreement between an Investor and a Master as it just describes
or lines. In MetaMaster4 and MetaMaster5 trading terminals, prices are displayed at the level of Bid price. the conditions of their cooperation within the framework of CopyTrade.
Client – individual or legal entity responsible for conversion arbitrage transactions with financial instruments on the Pending order – order to open or to close position in the future at specified price. This order is used to open
Company’s server. transaction positions at the condition of parity of future quotation and specified level.
Client’s terminal – software facility used by Client to direct orders to make transactions. Price gap (Gap) – price range, within which there was no quotations.
Company – a legal entity responsible for performance of services to the Company on managing conversion arbitrage Promotional benefit – any compensations, deposits, commissions, rebates, special conditions, etc. that were provided
transactions under financial instruments. by the Company to the client in the framework of permanent promotional programs, one-time promo programs,
Complete finished transaction – transaction, which consists of two opposite related transactions of similar volume. individual agreements, affiliate agreements, etc.

Contract specification – transaction terms (contract size, spread, initial margin, Limit & Stop Level, etc,) for each Quotation – instrument price figured in Ask or Bid price.
instrument. Real trading account is the Client’s trading account with deposited funds, which have cash equivalent value.
Conversion arbitrage transaction – deal for buy or sell of contract for financial instruments. It assumes making two Server – set of software and hardware facilities, which are applied by the Company for processing transactions
deals for buy and sell of the contracts of similar volume. conducted by the Client in the trading account.
CopyTrade – a copy trading investment platform by the company. Server log-file – file created by transaction server, which records all incoming Client’s orders and the results of their
Demo trading account is the Client’s trading account with deposited funds, which have no cash equivalent value. execution.

Direction – direction of Client to open position, to close position, to place pending order, to modify or to delete pending Short position (Short) – position opened by Client in anticipation of instrument price decrease.
order. Spread – difference between Ask and Bid quotation figured in points.
Equity – current value of assets, which can be determined using the formula: Equity = Balance + Floating Profit - Stop Out – order to compulsory position close generated by server.
Floating Loss. Swap – charge for transferring open position to the next day. It can be positive and negative. In the Wednesday to
Floating Profit – unrealized profit at open positions under the current rate values. Thursday night, the charge is threefold. Swap value for different platforms may differ.
Floating Loss – unrealized loss at open positions under the current rate values. System of automatic depositing onto account – set of software and hardware facilities, which make it possible to the
Free Margin – free equity in transaction account, which can be used to open a new position. Free Margin = Equity - Client to process depositing onto the account independently of Company’s employees.
Margin. Trading account – special Client’s account opened at the Company’s server to maintain the Client Agreement, the
Instruments – currency pairs, CFDs, and metals available for conducting trading transactions in compliance with Terms of Business and the Risk Disclosure.
specification of contracts presented on the Company’s website.
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Trading account currency – currency to estimate profit or loss in trading account, and to withdraw and deposit from/to
trading account.
Trading transaction – transaction to buy or to sell a financial instrument.
Trading volume is the total number of transactions performed on the Client’s account in terms of lots and absolute
units.

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