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SOCIAL TRADING TERMS AND CONDITIONS

The present document comprises of the Terms and Conditions which govern the provision of Social Trading feature offered by Vantage Global Limited, VFSC no. 700271 (“Company”) to the client, specifically mirror trading, copy trading and signals. The terms stated herein are applicable in addition to the general Terms and Conditions/Client Agreement of the Company which you have acknowledged and accepted during your registration with the Company.


  • Definitions

 

“Copy trading” involves setting a proportion of funds to execute the trades of the copied trader from the allotted funds.

 

“Mirror Trading” is an evolution of automated trading, implementing fixed strategies based on trading preferences. IT may involve copying experiences of successful traders.

 

“Services” shall include mirror trading, copy trading and signals (“Automated Services”).

 

The above services (“Automated Services”) have been created to facilitate the automated opening, closing, setting up, adjustment and deletion of trading orders, generated by providers of trading signals (“Strategy Providers”). The Automated Services are facilitated by the Vantage Markets, the provision of the investment services falls under the responsibility of the Company. 

 

The Client is informed through this Agreement that in case where the investment service of Investment Advice is offered, it is provided on a non-independent basis since it is based only on CFD products offered by the Company.


  • Subscription

 

The Client can activate their subscription in the following manner: 

 

  1. Open an account, provided that the relevant account opening procedure was followed, on the Company’s Website or mobile app. 
  2. Log in to Vantage Markets app, using the provided MT4/MT5 login and password.
  3. Subscribe to other Providers’ strategies on the relevant tab;
  4. You can pause/terminate your subscription using the “Unsubscribe” button on the dashboard 


  • Mirror Trader 

 

  1. Vantage Markets servers keep track of Providers’ “buy” and “sell” signals. By using the platform, Clients can view, analyze and evaluate signals of Providers. Once a client decides to subscribe to a Provider, the said positions shall be opened automatically and shall be executed on the Client’s trading account. 

 

  1. The Client is informed that he/she will be in a position to view signals/strategies from all Providers that are available on Vantage Markets systems. It is further noted that this is subject to the Company’s discretion in accordance with the legislative requirements in each jurisdiction whether the client shall have access to all Providers and whether a Suitability Test as well as the assessment of the Strategy Providers, which Strategy Providers are eligible to be available (“Eligible Strategy Providers”) for each Client shall be performed.

 

  1. The Mirror Trading platform enables a full trading functionality for automated strategies trading. In particular, Vantage Markets provides Clients with:

 

(a)  Automatic Mirror Trading. The Clients can select strategies that match their personal trading preferences, such as risk tolerance and past results. Once any Provider has been selected by the Client, all the signals sent by the Eligible Strategy Provider will be automatically applied to the Client’s trading account with the Company. No intervention is required by the Client as all account activity is controlled by the platform/Provider. 

 

(b) Semi-Automatic Mirror Trading: Clients can view all the signals of Eligible Strategy Providers in real time. The Clients can choose which trades to “mirror” and execute in their own trading accounts with the Company. Once the Clients select a signal for mirroring, they can decide if they wish to close the trade manually or they may prefer to let the position be closed automatically when the Eligible Strategy Provider closes it. 

 

(c) Manual Trading: It is the Client’s responsibility to decide which signals of the Providers and proceed with the placement of the relevant order for execution in his/her trading account with the Company. 

 

It is further noted that even if the Client will have a variety of Providers to choose from, to be selected to be added to his/her Trading Account, he/she will be in a position to set his/her own preferences as to the Position Volumes. In addition, Clients will have the ability at any time to manually close trades, irrespective of the mode to be selected: 

 

Before using the Automated Services, the Client must ensure that:

  1. He/she has fully understood the services offered by the Company, in collaboration with Vantage Markets, through undertaking his/her own research into the offering or receiving the Automated Services; 
  2. Confirms that he/she understands that the past trading results of the Strategy Providers presented are no guarantee of future results; 
  3. Confirms that they he/she understands, and accepts all the risks associated with margin trading on the financial markets;
  4. Understands that the Provider(s) are not employees or agents or representatives of the Company.
  5. Acknowledges that his/her trading account may be located on a different server to that of the Provider, meaning that orders may be opened or closed on the Strategy Provider’s server at a different price than on the trading account of the Client; 
  6. Accepts all risks associated with the different trading conditions which may exist between the Client’s trading account, and the Provider’s trading account, which may result in some trading actions being impossible to execute; and 
  7. Understands and acknowledges that the Company is not and could not be held liable in relation to any possible losses resulting from the trading losses from the orders placed by the Providers, since each Client is connected with Providers that seem to be in line with the suitability results.



  • Execution of Trades

 

Automated services will result in trading in a number of financial instruments however you are hereby informed that clients may be restricted from trading certain class of assets and/or products then the Company shall act within the scope of the legislation in order to ensure that an equivalent and/or similar trade will be opened in order to replace the restricted trade. In case of a replacement, the Company does not guarantee that the risk rating and/or economic performance of the replacement trade will be identical and/or similar therefore you further acknowledge that this will not take into account your economic performance, portfolio characteristics and/or any features of your account.


  • Suitability Test

 

Automated services can be provided in accordance and pursuant to the applicable legislative and regulatory framework. To this effect, prior to the provision of the automated services the Company may collect information and evidence in order to assess whether client(s) are eligible for these services and whether the automated services are suitable for the given client(s). The result of the suitability test shall formulate the investment profile of the clients and whether the automated services are suitable. Depending on the result of the suitability test, the Company may deny access to the automated services to the clients who achieve a low score/fail the suitability test. In this case the Company shall not be liable and/or accepts no responsibility for any incurred losses as a result of providing false and/or misleading information during the performance of the suitability test with the Company as there is a risk that this will lead to a false investment profile which may not be suitable for you.


  • Liabilities

 

6.1 The client further acknowledges and accepts that:

 

  • The Company does not provide personalized investment recommendations, investment advice, tax services/advice or other financial advice therefore any information and/or reference and/or performance is not and should not be construed as investments advice;
  • The Company provides an abundance of material on its website and clients are encouraged to refer to such material and/or information and perform their own independent research and decision making with regards to their trading account and decision-making.
  • The Company reserves the right to monitor the performance of Providers and can terminate, suspend or pause the operations of any Provider of automated services and/or of any strategy.

 

6.2 Neither Vantage Markets nor any of its Affiliates or associate third parties will be deemed to be liability from any losses incurred from:

 

  • Actions taken by Vantage Markets in order to carry out written/spoken instructions;
  • Decisions/actions taken by the Provider(s) you have subscribed to; and/or
  • Specific decisions/actions/omissions performed in good faith by the Provider(s).



  • Risks

 

You should always consider your financial position and whether you can afford to engage in automated services. Automated services are highly risky and speculative and can lead to significant losses which may exceed the invested amount as a result of the following:

 

  • It may involve automated execution of trades where such trades will be automatically opened and closed as per the investment strategy of the Provider(s) you will subscribe to without manual intervention;
  • If the client decides to manually intervene in the Provider’s strategy by modifying or closing a position then the result can be significantly different that the Provider’s;
  • The threshold of the trading balance should be sufficient to cover the minimum amount of the trades;
  • If clients enter the automated services/copy trades which are already open, then the positions will be opened at the best available price at the time of copying and not the price at the time which the trade was originally opened by the Provider;
  • Please note that any action on Provider(s)’ accounts may lead to significantly different results as this can potentially affect the trading proportions, including among others trading balance, minimum trade amount, account settings, spread, interest and investment price and different fees which may be incurred;
  • Subscribing to Providers who are inexperienced and/or not professional;
  • Subscribing to Providers whose intention or financial position differs the client’s;
  • Subscribing to Providers whose portfolios include products which may be restricted as a result of the Applicable Legislation in your trading account and/or jurisdictions leading to a replacement with an equivalent trade which cannot be executed can lead to a deviation in comparison to the Provider’s portfolio.

 

It is further noted that the Company does not guarantee any performance whereas you should refer to the Risk Disclosure with regards to the inherent risks of the products you would like to trade with automated services.

 

Past performance is not an indication of future results whereas any reference to past risk scores, statistics and/or any other data/material/information with regards to the Providers and the Company under the provision of automated services are not an indication of future results. The Company accepts no responsibility nor liability with regards to the outcome of your trading neither for profits or losses and does not guarantee that the outcome of the automated services shall be the same like the Provider’s.


  • Conflicts of Interest

 

The Company shall act in the best interest of its clients when providing automated services however, there may be cases where clients’ best interest may be in conflict with another client’s best interest or the Company’s. Please refer to the Client Agreement for more information on conflicts of interest. 


  • Trading via Automated Services

 

Once you register with the Company you will be able to log in to Vantage Markets with your platform credentials. Before you are able to subscribe to a Provider you will need to ensure that your trading account is sufficiently funded whereas such funds will be allocated to your copied account. Once you subscribe to the Provider(s) of your choice Then the trades will be automatically executed for you which means that you hereby acknowledge that no confirmation shall be obtained from you before positions are executed. Similarly, the opening of such positions will not require your authorization, prior consent or prior approval whereas trades below the minimum amount shall not be opened/executed. In case copy trading is chosen and you choose to close a single position while copying the Provider, the trading balance will be proportionally redistributed among the remaining open positions during the next rebalancing process.

 

Please be informed that there are a number of restrictions when using automated services, including the minimum and maximum amounts which ban be invested as well as on the number of Providers you can subscribe to as well as the minimum number of trades and maximum amount to be invested.

 

Execution of trades when copy trading is used can occur in the following ways:

  1. All open trades in a certain account and new trades which are opened after you subscribe to a Provider; or
  2. Only new trades which are opened following the subscription to a Provider i.e., trades will not be entered prior to this point.
  3. You are permitted to copy existing and new trades.

 

When you are copying trades which are currently open, the positions will be opened at the best available price at the time of copying and not the price at the time which the trade was originally opened. IF the relevant markets are closed at the time of copying, the market order will be opened once the market(s) reopen at the first available price.

 

When you are copying only new trades:

  1. The positions will be opened at the same time as the trades are being copied; and
  2. All instructions/actions will be automatically executed and reflected on your trading account including orders such as stop loss, take profit and trade closure. This means that in case the Provider you have subscribed to extends the stop loss then this will be automatically reflected on your account too, however the position amount will remain unchanged.

 

It is noted that Vantage Markets may provide additional features from time to time at its sole discretion which may affect the automated services. 


  • How to become a Provider

 

Should Clients and/or signal providers wish to become Providers, they can visit the designated area on the Company’s website where they must complete the online questionnaire and provide the requested information. Their application will be evaluated by the Company, which reserves the rights at its own discretion to either reject, approve and/or request additional information/evidence if this is deemed to be necessary prior to approval/rejection. The Company shall then notify the potential provider of the outcome of the application and once a provider is approved access will be granted on the designated portal/dashboard online.


The providers will be categorized into different tiers based on the assets under management, number of copiers among other conditions as listed the following table:

 

 

Explorer

Rising Star

Mentor

Guru

Legend

Minimum average monthly – Assets under management (USD)






Default tier for all the new social trading account holders

500

50,000

500,000

10,000,000

Minimum average monthly – Equity (USD)

1,000

5,000

25,000

50,000

Minimum copiers

1

10

10

10

Minimum time on previous tier

2 months

3 months

 

The tier conditions for the providers may be subject to change from time to time without prior notice. The Company may compensate the providers with tier-based commissions which will be communicated to the providers.



  • Fees

 

When you place a trade via the automated services, there is a fee to be paid. Please refer to the fees of the underlying product(s) you are copying for the associated fees and costs. For additional information please refer to the Client Agreement and the website of the Company.



  • Provision of Services

 

The Company reserves the right to amend the services described herein from time to time and determine the eligible jurisdictions where such services will be provided to. The Company reserves the right to terminate an account in case a client/provider is determined to be ineligible and/or if there are suspicions of fraud, manipulation and/or provision of falsified information.


  • Data Privacy

 

The company provides a real-time social trading platform which integrates rich community and social characteristics into the trading platform. As part of the Company traders’ network, traders who choose to be part of the community share their strategies and performance.

 

It is noted that the traded amount is never published online and the said traders have expressly agreed to be part of the network and share their strategies and performance online. Any actions you may engage with such as downloading, installing and/or accessing the copy trading services of the Company in relation to the trading platform, constitute your agreement, acceptance and acknowledgment that the following information and content shall be considered non-confidential and non-proprietary information (other than your personal data as per the Privacy Policy of the Company), collectively, the “Data” and shall be publicly shown on the website: 

 

  • Your username and full name; 
  • Your picture/avatar (where applicable); 
  • Your state of residency;
  • Gender;
  • Networks; list of users who follow you;
  • Users who copy you, etc.;
  • List of users you follow or copy; and 
  • Any network status/posts/blogs and any other content options that enable the users to interact amongst themselves, including without limitation content and information you post on the Company’s website, comments, feedback, postings, “likes”, blogs and/or all information that you provide to us via the Site, and/or by email, chat, fax or telephone and/or any other means.


  • Risks Associated with Copy Trading

 

Copy trading features are associated with inherent risks whereas you are encouraged to consider your financial position and risk appetite before you decide to use these features. You should take into consideration that copy trading can lead to significant losses.

 

Any reliance on information provided on the website of the Company is solely at your own responsibility whereas copy trading features are provided solely for information purposes. Hence, you are encouraged to consider your trading decisions and whether you can afford to lose your invested capital by conducting your research prior to taking any investment decision. You are solely and exclusively responsible for determining whether the providers whom you follow or copy the trades from, have the trading experience, skills and strategy among other key attributes that fit your risk appetite and investment objectives.

 

Once you copy a trader then positions will be opened/copied bearing the same stop loss/take profit amounts as well as leverage, to the best possible extent whereas any trades attempted to be copied without sufficient funds will not be opened/copied. You should take into consideration that once you copy a provider, the positions will be opened and/or closed automatically without further notice and/or intervention which may lead to both profits and/or losses. The Company is not responsible for any losses which may be incurred as a result of copying a trader. Should you decide to manually intervene with the copied trades, then you should be aware that the result can and may be different than the provider’s you copied. It is also noted that any action of the copied provider can cause a different result on your account such as withdrawal, modification which can ultimately affect the proportions of the trades.

 

The Company is not responsible for any trading decisions of users and/or traders whereas any content/material/information and/or past performance should not be construed as an indication of future results as it is used for informative purposes only. You should perform your own research and should not rely on the opinion/advice of the provider (s) and/or user(s) as such do not constitute financial advice and should be treated with caution. It is further not guaranteed that what any profits and/or losses of the provider will be achieved by the copier whereas the Company cannot secure that a trade/position will be executed at the same time as the provider and/or order price and a higher amount may be lost as can be affected by numerous variants such as account balance, number of deposits/withdrawals, market, account settings and features of the provider’s account.

 

Attention must also be placed on the variations between past performance and the actual results of the copy trading as there are inherent differences such as financial risk and ability to incur losses at the time of trading. Therefore, should a trader decide to engage in copy trading features, is proceeding at his own responsibility and any opinions/view expressed between traders and/or providers do not amount to investment advice and/or financial advice either directly and/or indirectly. All traders should seek independent financial and/or tax advice should they decide to proceed with copy trading and they remain responsible for any actions and/or trading decisions on their trading account prior and/or once they engage with the copy trading feature. 




Social Trading Disclaimer

Copying, replicating, or following the trades of other traders involves considerable exposure to high risk of losing your capital. You are solely and exclusively responsible for determining whether the signal providers whom you follow or copy the trades from, have the trading experience, skills and strategy among other key attributes that fit your risk appetite and investment objectives, prior to taking any investment decisions. You should also take into consideration whether our Social Trading features are suitable for you in light of your experience, objectives and financial position. Past results of any signal providers and their portfolio or strategy are not indicative of their future performance. You should always do your own research and due diligence carefully, even if the signal providers are perceived as professional and high-performing, and seek qualified expert advice before making a commitment to trade with the Social Trading features.


We do not warrant the performance of any trading decisions, portfolio or strategy undertaken by any traders, and shall bear no liability for any losses you may sustain during the course of utilising any Social Trading features as a result of your own perception and decisions. All content on the website and mobile app is for general information only and should not be construed as an advice, recommendation, or basis for any investment decisions. We do not endorse any of the signal providers you may choose to follow or copy from. For more information, please refer to the Social Trading Terms & Conditions before transacting.

About us

Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares.

With more than 10 years of market experience and headquartered in Sydney, Vantage now has over 1,000 staff across more than 30 global offices.

Vantage is more than a broker. It provides a trusted trading ecosystem that enables clients to achieve their own success, in a faster and simpler manner.

Be empowered to better capitalise on winning market opportunities when you trade smarter @vantage.

Funding methods

Contact us

+44 2080 363 883

[email protected]

iCount Building,
Kumul Highway,
Port Vila, Vanuatu

Banking with

National Australia Bank
(NAB) & Commonwealth
Bank of Australia (CBA)