Terms of Service
Last updated: Oct 20, 2018
These Terms of Service ("Terms") govern your access to and use of the ProfitMasterBot platform (the "Service"), operated by ProfitMasterBot ("we", "us"). By purchasing a subscription or using the Service you agree to these Terms.
1. What the Service is
The Service is a copy-trading platform. We operate a small number of master MetaTrader accounts, each running a distinct trading strategy. When you connect your own MetaTrader 4 or MetaTrader 5 account and choose to follow one or more strategies, trades opened on the corresponding master account are replicated to your account through our cloud trade-execution infrastructure. We do not hold client funds, do not have discretionary authority over your account beyond the copying you configure, and are not a broker, investment adviser or money manager.
2. Eligibility and account
You must be at least 18 years old and legally permitted to trade leveraged products in your jurisdiction. You are responsible for the confidentiality of your login details and for all activity under your account. Notify us immediately of any unauthorised access.
3. Broker credentials
To copy trades, the Service needs the trading (master) password of your MetaTrader account. Credentials are encrypted at rest and transmitted only to the copy-trading infrastructure that executes trades on your behalf. You may disconnect your account at any time from the dashboard, which removes the account from the copier.
4. Subscriptions and billing
The Service is sold as a monthly or yearly subscription at the price shown at checkout. Card payments are processed by Stripe and renew automatically until cancelled. Crypto payments are valid for the purchased period and do not renew automatically. You may cancel at any time from the dashboard; cancellation takes effect at the end of the paid period. Fees are non-refundable except where required by law. When a subscription lapses, copying stops and your account is disconnected from the copier. Open positions remain on your broker account and are your responsibility.
5. Risk acknowledgement
Trading foreign exchange, metals and CFDs involves substantial risk of loss and is not suitable for every investor. Past performance of any strategy, including the live track records shown on the Service, does not guarantee future results. Your results will differ from the master account because of broker, spread, execution, account size, timing and the multiplier you choose. You may lose more than your deposit. See the Risk Disclosure.
6. No financial advice
Nothing on the Service constitutes financial, investment, legal or tax advice. Strategy descriptions and performance figures are provided for information only. You are solely responsible for the decision to follow a strategy and for the risk settings you apply.
7. Acceptable use
You must not attempt to reverse-engineer the strategies, resell or redistribute copied trades or signals, interfere with the Service, or use it in breach of your broker's or prop firm's rules.
8. Availability and third parties
The Service relies on third-party providers (execution infrastructure, payment processors, hosting, your broker). We do not guarantee uninterrupted availability or that every trade will be copied, and we are not responsible for delays, slippage, rejected orders or outages caused by third parties.
9. Limitation of liability
To the maximum extent permitted by law, we are not liable for any trading losses or for indirect, incidental or consequential damages arising from use of the Service. Our total liability for any claim is limited to the subscription fees you paid in the twelve months before the claim.
10. Termination
We may suspend or terminate your access if you breach these Terms, your payment fails, or the Service is discontinued. You may stop using the Service at any time.
11. Changes
We may update these Terms. Continued use after changes take effect constitutes acceptance.
12. Contact
Questions about these Terms: support@profitmasterbot.com.