Terms And Condition
Trader Agreement version 20-18231124
Agreement Date: 10/31/2023
This Trader Agreement (the "Agreement") is a legally binding contract between Swissinvest LTD, a company organized and existing under the laws of Jurisdiction, with its registered office located in Hongkong and with all Traders.
By registering and agreeing to this Agreement, you acknowledge that you have read, understood, and agreed to the terms and conditions outlined below.
1. Appointment and Trading Account
1.1. The Company appoints the Trader as an independent trader to utilize the Company's trading platform and tools for cryptocurrency trading.
1.2. The Company shall provide the Trader with access to sub-accounts within its trading platform, herein referred to as "Sub-accounts."
2. Trading Responsibilities
2.1. The Trader shall execute cryptocurrency trades in their sole discretion using the Sub accounts provided by the Company.
2.2. The Trader shall abide by the Company's trading strategies and risk management guidelines.
3. Commission Calculation
3.1. The Trader's commission shall be calculated based on their trading performance in accordance with the commission structure defined by the Company.
3.2. The commission structure includes:
Leader 25% +2% from all trader’s margin
Vice 22% +1% from all trader’s margin
Usual and standard commission = 20% of the trader operations margin,
same for the suite:
N°1 20%. +1% from each trader's margin
N°2 20% +0.88% from each trader's margin
N°3 20% +0.75% from each trader's margin
N°4 20% +0.50% from each trader's margin
N°5 20% +0.25% from each trader's margin
None of those conditions will be applied to negative and lost accounts
The trader has to keep his account on positive results, weekly negative account total position will be advised to be suspended unless that trader refunds the delta loss in order to get one extra week grace period.
If the second-week results show still a negative total position then the account will be definitively eliminated to avoid the trader’s extra loss.
4. Reporting and Transparency
4.1. The Trader shall provide regular reports to the Company detailing trading activity, including profits, losses, and commission earnings.
4.2. The Company shall maintain transparency by providing the Trader with access to real-time trading information, including trade history, margin status, and account balances.
5. Loss Handling
5.1. If you lose all the money in your trading account, your account will be suspended. You will not have to pay any more money, but you will need to deposit enough money to cover your losses in order to reactivate your account and continue trading. This is necessary to ensure that your account balance remains positive.
6. Confidentiality
Both Parties shall maintain the confidentiality of all non-public information obtained during the course of this Agreement and shall not disclose such information to any third party.
7. Weekly Leadership Selection
7.1. The Company will select each week's Team Leader, Vice Leader, and the top 1-5 traders based on their weekly performance.
8. Commission Handling
8.1. If a trader has a monthly commission of less than 10 USD, the commission will be added to the following month's commission. This ensures that traders have the opportunity to accumulate commissions and receive payouts when they reach the minimum threshold.
9. Termination
This Agreement may be terminated by either Party with written notice to the other Party. The Company may terminate or update this Agreement immediately for any reason.
