Copy Trading Agreement
Terms of use of trading automation and strategy copying services on the Stockity platform.
Important Risk Warning
The Copy Trading feature carries a high level of risk. Past performance of a Trader (Strategy Provider) does not guarantee future results. You may lose all your invested capital. Stockity does not provide investment advice and is not responsible for your trading decisions.
1. Definitions
In this agreement, the following terms have the following meanings:
- Copy Trading Service: A feature that allows users to automatically copy trading positions opened and managed by other users.
- Strategy Provider (Master Trader): A Stockity user who publishes their trading positions for other users to copy.
- Copier: A Stockity user who chooses to copy the trading positions of a Strategy Provider.
2. Special Risk Disclosure
In addition to the general risks of trading in financial markets, Copy Trading carries specific risks:
- Execution Risk: Price discrepancies (slippage) may occur between the Strategy Provider's position and the Copier's position due to market volatility or network latency.
- Strategy Risk: Strategy Providers may change their trading style, experience a losing streak, or stop trading at any time.
- Capital Management: Differences in account balances between the Strategy Provider and the Copier may affect margin levels, potentially leading to forced liquidation (Stop Out) of the Copier's account even if the Strategy Provider's account remains active.
3. Strategy Provider Obligations
The Strategy Provider agrees to:
- Trade in good faith and with a reasonable strategy.
- Not promise guaranteed profits to potential Copiers.
- Understand that their performance statistics will be published transparently on the Stockity platform.
4. Copy
's ObligationsThe copyist acknowledges and agrees that:
- The decision to copy a particular trader is the sole responsibility of the Copyist.
- Copiers are required to monitor their accounts periodically and ensure that the balance is sufficient to hold the copied positions.
- Copiers can stop copying at any time via the platform dashboard.
5. Fees and Commissions
Copy Trading Services are subject to the following fees:
- Performance Commission: A certain percentage (generally 10% - 30%) of the Copier's net profit, which will be paid to the Strategy Provider.
- Spread & Swap Fees: Still apply in accordance with Stockity's standard trading account terms.
Commission percentage details are clearly displayed on each Strategy Provider's profile before you start copying.
6. Cancellation and Termination
Stockity reserves the right to:
- Cancel or close copy trading positions if system abuse, arbitrage, or market rule violations are detected.
- Disable the Copy Trading feature for certain accounts without prior notice if the account is deemed high risk or in violation of the AML Policy.
7. Limitation of Liability
Stockity provides Copy Trading services "as is." We are not responsible for:
- Financial losses arising from copying someone else's trades.
- Technical failures, internet outages, or software issues that prevent position copying.
- Inaccuracies in historical data or performance statistics displayed on the platform.
By activating the Copy Trading feature, you acknowledge that you have read, understood, and agree to the entire contents of this agreement and Stockity's Privacy Policy.