Experienced Trader Methods
Copy trade account allows clients who have no time to trade for themselves or are inexperienced, to copy an experienced trader.
Important to note that copy trader accounts:
The account holder (the “Trader”) hereby authorizes Falcon Forex to replicate all trades executed on the Master Account indicated above on the Trader’s account established with Falcon Forex (the “Account” and “Falcon Forex. and/or its Affiliates, to the fullest extent permitted subject to and in accordance with Falcon Forex terms and conditions with Trader, for the Trader’s account and risk and in the Trader’s name or number on Falcon Forex books and records. The Trader hereby accepts that he/she has a full understanding of the Copy-Trade system.
Without prejudice to the above, the Trader acknowledges and understands that further to the Terms and Conditions, Falcon Forex is upon receipt of this COPY-TRADING AUTHORISATION authorised to follow the instructions of the Master Account in every respect with regard to the Account.
The Trader acknowledges that there is a risk factor in trading Foreign Exchange and/or CFDs, and therefore the Trader further acknowledges that she/he would not hold Falcon Forex responsible for any losses which he/she may incur.
In consideration for the Master Account’s services hereunder, The Trader agrees to pay the Master Account the charges per the agreement and, in accordance with the Terms and Conditions, authorises Falcon Forex to pay such charges on the Trader’s behalf to the Master Account.