Trading Cup Copy Trading Service Terms And Conditions
1. Introduction
1.1 These Terms set out the specific conditions that apply to the Trading Cup Copy Trading Service (the "Copy Trading Service").
1.2 By using the Copy Trading Service, you ("you", "your", "Client", or "Copier") agree to be bound by these Terms, which govern your participation in the Copy Trading Service.
1.3 These Terms form part of and must be read together with ACY Securities' standard legal documents, including the Terms and Conditions, Product Disclosure Statement/Key Information Statement, Financial Services Guide, and Target Market Determination, as applicable and all available on ACY Securities' Legal Documents & Terms & Conditions page at www.acy.com
2. Definitions
・"Copier" – a Client who follows and automatically replicates the trading activity of a Signal Provider.
・"Signal Provider" – a trader whose trading activity may be copied. Signal Providers are not employees, agents or representatives of ACY Securities.
・"Platform" – the electronic trading system operated or provided by ACY Securities for Copy Trading being Trading Cup.
・"Copy Trade" – a transaction automatically executed in a Copier's account that mirrors a trade by a Signal Provider.
・"Copy Trading Account" – the account established to access the Copy Trading Service.
・"Fees" – any Platform, subscription, or performance fees published by ACY Securities' when signing up to the Copy Trading Service.
3. Nature of Service
3.1 Trading Cup/Copy Trading is an automated execution service.
3.2 ACY Securities does not provide personal financial product advice, investment recommendations, portfolio management, or discretionary trading.
3.3 When you activate Copy Trading, you authorise ACY Securities to execute trades on your behalf automatically in proportion to the trades of your chosen Signal Provider.
3.4 You may stop copying, close trades, or withdraw funds at any time subject to account conditions.
3.5 For Australian wholesale clients or sophisticated investors, Copy Trading is not a Managed Discretionary Account (MDA) service under ASIC Regulatory Guide 179.
4. Suitability and Appropriateness Assessment
4.1 Before you can access the Copy Trading Service, you would have passed ACY Securities Suitability Assessment.
4.2 Nothing in this section requires ACY Securities to conduct a personalised suitability review, nor does it constitute the provision of personal financial advice.
5. Client Eligibility and Responsibilities
5.1 You must have completed ACY Securities' client onboarding and AML/CTF requirements before using the service.
5.2 You must maintain sufficient available funds to execute Copy Trades. If funds are insufficient, ACY Securities may close or suspend positions without notice.
5.3 You are solely responsible for:
・ selecting which Signal Provider(s) to copy;
・ monitoring account activity and performance regularly; and
・ determining whether Copy Trading is appropriate for your objectives and risk tolerance.
5.4 It is your own decision to copy a particular Signal Provider, meaning that all trading decisions made by a Signal Provider will be deemed to be your own trading decisions.
5.5 You may cease copying or close individual trades at your discretion by "unsubscribing" or "unfollowing". Any open trades at termination will be closed at prevailing market prices.
6. Signal Provider Requirements
6.1 Signal Providers must have demonstrated trading experience or hold relevant qualifications, which may include recognised financial markets training or licensing under applicable laws and regulations. ACY Securities may require evidence of such experience or qualifications before approving or continuing a Signal Provider's participation on the Platform.
6.2 Signal Providers must not:
・ make misleading statements, guarantees, or profit representations;
・ use ACY Securities' name, logo or intellectual property without prior written consent;
・ act as an agent of ACY Securities; or
・ engage in churning, abusive or manipulative trading.
6.3 ACY Securities may suspend or remove any Signal Provider, account or strategy at its discretion and without notice.
7. Fees and Payments
7.1 ACY Securities does not charge or retain any fees for the provision of the Copy Trading Service. Its role is limited to facilitating the payment and transfer of fees between the Copier and the Signal Provider as described below.
7.2 The following fees may apply to the Copy Trading Service:
・(a) Performance Fee – a fee paid by the Copier to the Signal Provider, calculated as a percentage of the net profits achieved from copied trades during a specified performance period (for example, 20% of net profit generated on copied trades during a monthly cycle). The fee is charged only if profits are realised and is automatically deducted from the Copier's trading account at the end of the performance period.
・(b) Subscription Fee – a fixed periodic fee (for example, USD 30 per month) that allows the Copier to subscribe to and follow a particular Signal Provider. The Subscription Fee is payable in advance for each billing period and is automatically deducted from the Copier's account balance.
7.3 All fees are clearly displayed on the Platform before you subscribe to or copy a Signal Provider. By subscribing, you authorise ACY Securities to deduct the relevant amount from your trading account and remit it directly to the Signal Provider.
7.4 ACY Securities acts solely as an intermediary in processing these payments and holds no responsibility for the calculation, accuracy or fairness of any fees set by the Signal Provider.
7.5 You may stop copying or cancel a subscription at any time. Any fees already paid for the current billing period are non-refundable.
7.6 If you unfollow or unsubscribe from a Signal Provider, the copy-trading relationship between the Signal Provider and relevant Copy Trader is deemed terminated and any outstanding Performance Fees will be calculated and deducted at that time. For clarity, a Highwater Mark represents the highest cumulative net profit previously achieved from copied trades with that Signal Provider, net of any realised losses and prior Performance Fees paid. Performance Fees are only charged on new profits exceeding this Highwater Mark. If you later re-subscribe to the same Signal Provider, a new Highwater Mark will be established from the date of re-subscription, and any future Performance Fees will be calculated solely on profits generated after that date.
7.7 All fees are denominated and processed in the base currency of your trading account unless otherwise stated on the Platform.
8. Execution and Operation of Copy Trades
8.1 Copy Trades are executed automatically on a pro-rata basis. ACY Securities does not guarantee identical execution to the Signal Provider because of market conditions, pricing differences, latency or minimum-trade thresholds.
8.2 Trades opened prior to the start of copying will not be duplicated.
8.3 Withdrawal of funds or termination of copying will close open positions and deduct any outstanding Fees or charges.
8.4 Pause – Selecting "Pause" temporarily suspends Copy Trading with the selected Signal Provider. While paused, no new Copy Trades will be executed, but existing open positions remain active. The Copy Trading relationship is not terminated and can be resumed at any time by unpausing.
8.5 "Stop Copying – Selecting "Stop Copying" terminates the Copy Trading Service in respect of the selected Signal Provider. Upon termination, all open copied positions will be closed at prevailing market prices, and any outstanding fees will be calculated and deducted in accordance with these Terms.
9. Risk Disclosure
9.1 Trading in leveraged products such as CFDs carries a high level of risk to your capital. See the ACY Securities disclosure documents for more details.
9.2 Leverage and Margin Risk: Trading with leverage magnifies both gains and losses. Positions may be liquidated automatically if margin requirements are not maintained. You are responsible for monitoring your margin level and account balance at all times.
9.3 Past performance of any Signal Provider or strategy is not a reliable indicator of future results.
9.4 Risks include (among others):
・automated execution without further authorisation;
・market volatility, slippage, and delays;
・system, internet or device failures;
・differences in trade size or timing;
・withdrawal or suspension of a Signal Provider; and
・divergence between the Signal Provider's and your trading outcomes.
9.5 You should seek independent financial, legal and tax advice before using Copy Trading.
10. Company Responsibilities and Disclaimers
10.1 Copy traders on their own behalf only and ACY Securities' role is one of an executing broker only.
10.2 ACY Securities does not take into account your personal objectives, financial situation or needs in making Trading Cup available to you and nothing is to be construed as an offer or recommendation or solicitation to buy, sell, or to participate in any signal provider's strategy.
10.3 ACY Securities does not guarantee any return, profit or performance level. Historical data or rankings are for informational purposes only.
10.4 To the maximum extent permitted by law, ACY Securities is not liable for any loss or damage (including loss of profit, data, opportunity, or consequential loss) arising from the use of the Copy Trading Service.
10.5 You indemnify ACY Securities, its affiliates, officers and employees against all claims, costs, losses or liabilities arising from your use or misuse of the Copy Trading Service, breach of these Terms, or of law.
11. Platform Intellectual Property and Permitted Use
11.1 All software, data feeds, algorithms, trading content and materials available through the Platform are owned by ACY Securities or its licensors.
11.2 You may use the Platform only for personal trading purposes and in accordance with these Terms. You must not reproduce, modify, reverse engineer, decompile, distribute or otherwise exploit any part of the Platform, or publish other users' trading data without written consent.
11.3 You acknowledge that unauthorised use of the Platform or intellectual property may result in civil or criminal liability.
12. Monitoring and Suspension
12.1 ACY Securities will use reasonable efforts to monitor the performance of Signal Providers and system functionality.
12.2 We may pause, restrict, or terminate Copy Trading for any Client or Signal Provider at any time, including where we suspect abuse, fraud, or non-compliance with law or policy.
13. Privacy and Confidentiality
13.1 ACY Securities collects, uses and stores your personal information in accordance with our Privacy Policy, available on our website.
13.2 We may share data with affiliates and service providers for AML/CTF compliance, trade execution and system maintenance purposes, including cross-border transfers.
13.3 We will not disclose your identity to any Signal Provider or other Client except as required by law or necessary to perform the Service.
14. Complaints and Dispute Resolution
14.1 If you are dissatisfied with the Service, you may lodge a complaint with our Internal Dispute Resolution Team by email to complaints@acy.com or via our website.
15. Amendments and Termination
15.1 ACY Securities may amend these Terms by publishing the updated version on its website. Continued use of the Service constitutes acceptance of the amended Terms.
15.2 ACY Securities may terminate or suspend your access to the Copy Trading Service at any time without prior notice. All open trades will be closed and fees deducted.
15.3 You may terminate at any time by unsubscribing and closing your Copy Trading Account. Termination does not affect any accrued rights or obligations.
16. Governing Law
16.1 These Terms are governed by and construed in accordance with the laws of New South Wales, Australia. You submit to the non-exclusive jurisdiction of the courts of New South Wales.