Terms of Service
Please read these Terms of Service carefully before using the Mirroxen platform. These terms govern your use of our copy trading services and establish the relationship between you and Mirroxen.
1. General Terms
Acceptance of Terms
By accessing or using the Mirroxen platform, you agree to be bound by these Terms of Service. If you do not agree to these terms, you must not use our services. "You" refers to any individual or entity using our platform.
Eligibility
You must be at least 18 years old and legally permitted to engage in financial trading in your jurisdiction. You are responsible for ensuring that your use of our services complies with all applicable laws and regulations.
Account Registration
You agree to provide accurate, current, and complete information during registration and to update such information to keep it accurate. You are responsible for maintaining the confidentiality of your account credentials.
2. Strategy Provider Terms
A. Eligibility
To qualify as a Strategy Provider, a user must successfully complete our "Master Trader" vetting process, which necessitates a minimum of 6 months of verified trading history and adherence to our Risk Management Guidelines.
B. Compensation Structure
Strategy Providers are compensated based on a Performance Fee model with High-Water Mark. Copiers agree to remunerate the Strategy Provider a percentage (e.g., 20%) of any net profits generated by the copied trades. Fees are only levied if the account value surpasses its preceding peak. Settlement occurs on a monthly basis.
C. Provider Obligations
Providers are prohibited from soliciting followers for external investment schemes. Providers must maintain a trading style consistent with their public profile. Abrupt, extreme alterations in leverage or strategy may lead to suspension. All open trades must be visible to followers (subject to brief latency delay).
D. Modification of Fees
Strategy Providers retain the right to modify their performance fee percentage. Any modification requires 30 days notice to current followers. Followers who do not concur with the new fee must cease copying prior to the effective date.
3. Copier Terms
A. No Fiduciary Duty
The Strategy Provider does not serve as your financial advisor. By clicking "Copy," you authorize automated execution of trades. You acknowledge that the Provider may possess distinct capital, risk tolerance, and tax obligations compared to your own.
B. Pro-Rata Execution
Trades will be executed in your account on a pro-rata basis, proportional to the allocated funds. Due to minimum lot sizes and rounding conventions, your outcomes may exhibit minor variations from those of the Provider.
C. Termination
You retain the option to "Stop Copying" at any time. Upon cessation, you may elect to either: (1) Close all open positions at prevailing market prices, or (2) Retain the positions as open and manage them manually (standard trading fees will be applicable).
4. Financial Terms
Deposits
Deposits must be made from accounts in your name. We accept Bank Transfers, Credit/Debit Cards, and verified E-wallets. Minimum deposit requirements are determined by Strategy Provider selection.
Withdrawals
Withdrawal requests are processed within 24 hours. Funds are returned to the original payment method when possible. KYC verification must be complete before processing withdrawals.
Fees
Platform fees, spread costs, and overnight financing charges apply. Performance fees are calculated and deducted automatically. All applicable fees are disclosed on our platform prior to any transaction.
5. Liability & Disclaimers
No Investment Advice
Mirroxen provides a platform for automated trade replication. We do not furnish investment advice, tax advice, or legal advice. Any information provided is for educational purposes only.
Limitation of Liability
To the maximum extent permitted by law, Mirroxen shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits, data, or goodwill.
Trading Risks
You acknowledge that trading involves substantial risk of loss. Past performance is not indicative of future results. You may lose more than your initial investment.
6. Account Termination
Termination by User
You may close your account at any time by contacting support. All open positions must be closed, and any outstanding fees must be settled before account closure.
Termination by Mirroxen
We reserve the right to suspend or terminate accounts that violate these terms, engage in fraudulent activity, or pose a risk to other users or the platform.
Effect of Termination
Upon termination, your access to the platform will be revoked. You remain liable for any outstanding obligations. We may retain certain data as required by law.
Agreement
By creating an account or using the Mirroxen platform, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service, our Privacy Policy, and our Risk Disclosure Statement. If you do not agree to any of these terms, please do not use our services.
These terms may be updated from time to time. Continued use of the platform after changes constitutes acceptance of the modified terms.