Stop Copy Trading Sample Clauses
The "Stop Copy Trading" clause allows a party to halt the automatic replication of trades or investment strategies from another account or trader. In practice, this means that if an investor is using a platform to mirror the trades of a professional trader, they can activate this clause to immediately cease further copying of trades, either manually or under certain predefined conditions. This clause is essential for giving investors control over their accounts, enabling them to manage risk and respond to changing market conditions or personal investment strategies.
Stop Copy Trading a. For Copy Trading Service with Performance fees, and in accordance, in particular, with the paragraphs 17.7.2, 14.7.6 & 14.10 herein, the Client may Stop Copy Trading at any time, by pressing the “Stop Button” from the relevant section of his/her personal dashboard. The Client acknowledges that it may take up to two (2) business days for the termination of the Service to be effective. The open positions shall then be automatically closed within one (1) business day during the Market Opening Period, and the Client shall recover the Full Access to his/her Trading Account.
b. For Copy Trading Service without Performance Fees, the Client may Stop Copy Trading at any time, by pressing the “Stop Button” from the relevant section of his/her personal dashboard. The Client acknowledges that it may take up to two (2) working days for the termination of the Service to be effective. Considering that the Client maintains at all times Full Access to his/her Trading Account, the Client shall be solely responsible to manage his/her account and, at his/her sole discretion, close or maintain the said positions, in accordance, in particular, with paragraph 14.7.2 and 14.10 herein.