8.1 Any positive or negative consequences of the execution of the Copy Orders under these Terms shall have a direct effect solely on you. While providing the Program, Radex Markets bears no responsibility for the actions of your actions including you registered as a Provider.
8.2 By instructing us to execute the Copy Orders, you confirm that you understand and accept the inseparable risks associated with trading in CFD products.
8.3 Radex Markets is not responsible for the competency of the Provider, the business and ethic merits and bears no responsibility to you - for any possible loss or lost profit.
8.4 Radex Markets is not responsible for ensuring that the Provider is licensed or authorised (if required) to carry out the activities contemplated by these Terms.
8.5 Radex Markets is not responsible for providing the Provider with premises, data systems, any secretarial, book-keeping or record keeping services to assist in exercising the management of the Pelican Trading Account.
8.6 Radex Markets expressly states to you that we do not guarantee profit or the recurrence of rates of return that have been made by the Provider in the past and warns that no positive record of trading strategy implementation ensures the repeat of trading success in the future.
8.7 You shall bear financial responsibility for any negative Equity incurred on the Pelican Trading Account as a result of the execution of Copy Orders.
8.8 You accept full responsibility for any and all financial losses such as direct losses or profit losses resulting from the following risks:a. Risk that the Provider does not possess the necessary qualification (if required) or knowledge necessary to carry out trading activities.b. Risk that the Provider may carry out fraudulent operations using the Platform functionality.c. Risk that the Provider may lose control over the Pelican Trading Account and third parties may gain access to the Pelican Trading Account.d. Risk that the Client may misunderstand or misinterpret these Terms.e. Risk of unforeseen delays in transfers between the Account and the Pelican Trading Account or late execution of deposit/withdrawal instructions by us.f. Risk of the Pelican Trading Account’s closure.
8.9 Under no circumstances does Radex Markets bear responsibility for the consequences of such risks listed in Clause 8.8 above.
8.10 Radex Markets gives no warranty as to the performance and/or profitability of your trading decisions including the performance of any investment, portfolio or strategy followed by Provider(s).
8.11 Radex Markets shall not be liable for any loss suffered by you in connection with the Program under these Terms unless such loss arises directly from the gross negligence or fraud of Radex Markets.
8.12 Radex Markets shall not be liable to you or any other person for any consequential, circumstantial, special or indirect damages (including without prejudice to the generality of the aforementioned, loss of profit, loss of opportunity, commercial losses and damages) which are incurred by you in connection with these Terms.
8.13 Radex Markets will not be under any duty to provide you with any legal, tax or other advice relating to any Transaction or to the use of the Program. You may wish to seek independent advice before entering into a Transaction or use of the Program.
8.14 The Company does not guarantee the reviewing and monitoring of all content posted through any of the Company’s websites, application and/or any network status/posts/blogs/forum and any other communications and/or content options available by the Company and the Company does not in any manner encourage, support, verify or agree with any such content that has not been reviewed or monitored.
8.15 Radex Markets provides the Pelican Trading Features for information purposes only and neither we nor our affiliates and/or employees and/or agents are investment or financial advisers and any information is provided solely to enable you to make your own decisions and does not amount to investment, tax, legal or other advice or unsolicited financial promotions to you and you at your own risk are solely responsible for any decision, strategy and actions and/or losses sustained as a result of your own actions.
8.16 You are solely responsible for seeking independent advice prior to using any of the services provided under these Terms and in determining whether the services under these Terms are appropriate and/or suitable to you.
8.17 Information of the previous/past performance of a Financial Instrument is not a guarantee for its current and/or future performance. The use of historical data does not constitute a binding or safe forecast as to the corresponding future performance of the Financial Instruments to which the said information refers nor that any account will likely achieve profits or losses similar to those applied by and shown in the Provider(s) account.
8.18 Placing additional trades on your account or modifying or cancelling an order generated by the use of Pelican Trading Features acknowledges that this may result in a different outcome than the outcome reached in the account of the Provider(s). Unopened copied trades in amounts lower than the minimum trade may also result in different results. Cash-out and withdrawal by the Provider may also generate a materially different result from what you have copied as it may affect the copy trading proportions.
8.19 You are warned that Slippage may occur when trading in Financial Instruments and Radex Markets does not guarantee that the trade will be filled at the order price/stop loss specified in the account of the Provider(s) and all orders will be filed at the available market price available to us that may or may not match the requested order price.
Pelican Trading
