1. General Provisions
VOOX Copy Trading (hereinafter referred to as "Copy Trading Service" or "Copy Trading") is a service that allows users (hereinafter referred to as "Copy Traders") to automatically replicate the trading activities of specific traders (hereinafter referred to as "Lead Traders"). Copy Traders may select one or more Lead Traders to form a personalized investment portfolio (hereinafter referred to as "Copy Trading Portfolio").
Before using this service, please carefully read the following terms. By confirming the use of the Copy Trading Service, Copy Traders acknowledge that they have read, understood, and agreed to the terms of this agreement.
This agreement serves as a supplement to the VOOX Platform's Terms and Conditions and applies to all operations related to Copy Trading. In the event of any conflict between this agreement and the Platform's Terms and Conditions, the terms of this agreement shall prevail.
2. Risk Disclosure
Copy Trading involves highly speculative investments and may result in the loss of the Copy Trader's principal, potentially exceeding the initial investment amount. Before engaging in Copy Trading, Copy Traders should thoroughly evaluate their financial situation, risk tolerance, and relevant market conditions. Key risks include, but are not limited to:
- Automatic Execution Risk: Copy Trading automatically executes opening and closing positions without manual intervention. Market volatility may cause trading results to deviate from expectations.
- Order Modification Risk: If Copy Traders manually adjust or close orders, the final trading results may significantly differ from those of the Lead Trader.
- Trade Execution Limits: If the Copy Trading funds fall below the platform's minimum trading threshold, trades may not be executed.
- Price Discrepancy Risk: Copy Trading positions are opened at the best available market price at execution time, which may differ from the Lead Trader's original entry price, potentially affecting returns.
- Asset Change Impact: Adjustments to the Lead Trader's portfolio or withdrawals may impact the Copy Trader's performance.
- Trading Competence Risk: The platform does not guarantee the trading skills, experience, or investment objectives of Lead Traders.
- Compliance Restrictions: Certain trades may not be executed due to applicable legal restrictions, resulting in discrepancies between the Copy Trading Portfolio and the Lead Trader's portfolio.
3. Trade Execution Mechanism
VOOX provides a Lead Trader dashboard, enabling Copy Traders to view Lead Traders' account data, historical records, and trading strategies to assist in decision-making. Copy Trading proportionally replicates Lead Traders' trading instructions, including opening positions, closing positions, stop-loss, and take-profit settings.
Trade Execution Limits
- If a trade cannot be executed due to regulatory or account restrictions, the Copy Trading system will skip the instruction.
- If the Copy Trader's funds are below the minimum trading requirement, the system will not open a position.
- Other risk control restrictions may prevent the system from opening positions.
4. Limitation of Liability
The platform does not provide any express or implied guarantees regarding trading results. Copy Traders must assume all trading risks. To the maximum extent permitted by applicable law, VOOX shall not be liable for:
- Any direct or indirect losses arising from the use of VOOX Copy Trading, including but not limited to trading losses, data loss, information leakage, business interruption, profit loss, or deposit loss.
- Trading decisions made by Lead Traders, including but not limited to errors in judgment, market volatility, operational mistakes, or strategy failures.
- Trade execution failures or profit losses caused by the Copy Trader's personal reasons (e.g., insufficient account balance, order modifications, etc.).
- Price discrepancies between Copy Trading executions and Lead Traders' executions due to market liquidity, price slippage, or system delays. The platform will not provide any compensation for such discrepancies.
Suitability Assessment
VOOX reserves the right to assess whether Copy Traders are suitable to use the Copy Trading feature and may decide whether to provide the service based on this assessment. If Copy Traders provide false or misleading information, resulting in an inaccurate suitability assessment, the platform shall not be liable for any resulting losses.
5. Account Management and Service Adjustments
- VOOX will monitor Lead Trader performance and reserves the right to suspend, terminate, or block specific Lead Traders or portfolios.
- Under special circumstances (e.g., suspected market manipulation, abuse of Copy Trading features, or provision of false information), the platform may terminate the Copy Trader's Copy Trading permissions and close related open positions.
- VOOX reserves the right to amend this agreement at any time. Revised terms will take effect immediately without prior notice.
6. Disclaimer
VOOX does not guarantee the historical performance of any Lead Trader, trading strategy, or portfolio. Past performance is not indicative of future results. Copy Traders must independently assess trading risks and make decisions cautiously. All information provided by the platform is for reference only and does not constitute investment advice, financial advice, or tax advice.
Copy Traders should make investment decisions based on independent research and should not rely solely on information provided by the platform or community.
Comments
0 comments
Article is closed for comments.