1. Introduction and Scope
1.1 These Terms & Conditions ("Terms") govern your use of the FXCC Copy Trading service ("Service"), which enables clients to automatically replicate trading activity from selected experienced traders (“Providers”) into their MT5 live trading accounts ("Followers").
1.2 The Service is offered by Central Clearing Ltd ("FXCC" or the "Company"), registered under the laws of the Union of Comoros and regulated by the Mwali International Services Authority (MISA) as an International Brokerage and Clearing House.
1.3 The Service operates on an execution-only basis. FXCC does not provide portfolio management, personalised investment advice, or strategy recommendations.
1.4 By accessing the Service as a Provider or Follower, you agree to be bound by these Terms, the FXCC CFDs Customer Agreement, and all applicable FXCC policies. If you do not agree, you must not use the Service.
2. Definitions
"Account" means the respective Provider's or Follower's MT5 Trading Account used to access the Service.
"Autoscale" means the default volume calculation method that proportionally adjusts trade size based on account equity and leverage.
"Copy Trading Portal" means https://copy-trading.fxcc.com.
"Follower" means a client who subscribes to a Provider's Offer to copy trades.
"HWM (High-Water Mark)" means a performance fee model where fees apply only on new net gains above the prior peak.
"Offer" means a subscription package created by a Provider, specifying performance fee terms, visibility settings, filters, and requirements.
"Performance Fee" means the percentage of total Net Profit generated by Copy Trading in the Follower's Account, as set by the Provider and calculated using the HWM model.
"Provider" means a client who registers to make their trading strategy available for copying.
"Subscription" means a live connection through which a Follower copies a Provider's trading activity.
3. Eligibility and Access
3.1 The Service is available exclusively on MT5 live accounts with FXCC. Demo and MT4 accounts are not supported.
3.2 You may act as a Provider, a Follower, or both simultaneously; however, Providers may not follow their own Provider account.
3.3 FXCC reserves the right to restrict or disable access to the Service at its sole discretion.
4. Provider Obligations
4.1 Providers are solely responsible for their trading decisions, strategy behaviour, Offer terms, and the accuracy and completeness of strategy descriptions.
4.2 By registering as a Provider, you authorise FXCC to display your trading history, statistics, and performance metrics to potential Followers.
4.3 Providers acknowledge that Followers may experience differing execution, spreads, and results, and that Performance Fees are calculated exclusively via the HWM model.
4.4 Certain Offer parameters become restricted once Followers subscribe. FXCC may suspend or remove any Provider at any time for poor performance, abnormal trading patterns, use of prohibited Expert Advisors or plugins, compliance concerns, or breach of FXCC policies.
4.5 Providers must act in good faith and shall not: engage in abusive or manipulative strategies; mislead or deceive Followers; manipulate performance metrics; market strategies as risk-free; or create Offers that violate FXCC policies or applicable regulations.
5. Follower Obligations
5.1 Followers choose Providers and Offers at their own discretion and assume full responsibility for understanding the associated risks.
5.2 Followers remain solely responsible for monitoring their accounts, including risk controls, equity levels, and copied trades.
5.3 Followers may subscribe to multiple Providers and may pause, modify, or terminate copying at any time.
5.4 Followers must configure volume scaling, direction and symbol filters, and risk management parameters (equity stop, drawdown limits, etc.).
5.5 By subscribing, the Follower authorises FXCC to automatically mirror the Provider's trading activity without further consent or approval. Performance is not guaranteed, execution may differ from the Provider's account, Performance Fees will be deducted automatically, and open positions remain after unsubscribing unless auto-close options are selected.
5.6 Followers must maintain sufficient equity and margin at all times.
6. Subscription and Copying Mechanism
6.1 Subscriptions activate only when the Provider's Offer is valid, the Follower meets Offer requirements, and the MT5 account is correctly bound.
6.2 The copying process mirrors Provider positions, applies volume scaling and correction rules, filters symbols and directions as configured, and executes risk actions when triggered.
6.3 Trades may fail due to insufficient margin, minimum lot restrictions, symbol limitations, adverse market conditions, or suspended subscriptions. The system will not retry failed trades.
6.4 Provider trades executed before subscription activation may not be copied. Copying of a Provider's existing open trades will occur at the best available price at time of copying, not the original entry price.
6.5 Position closure by the Provider will close corresponding Follower positions where they exist.
7. Fees
7.1 Providers may charge a Performance Fee payable by Followers, calculated using the HWM model.
7.2 Performance Fees are charged on each copied trade during the subscription period in accordance with the profit-sharing terms accepted by the Follower.
7.3 The system applies a Pending Fee Threshold: if the ratio of (balance – pending fee)/balance falls below 20%, pending fees will be automatically withdrawn and current trading results closed.
7.4 Performance Fees are deducted from the Follower's MT5 account and credited to the Provider's MT5 account.
7.5 FXCC does not charge subscription fees, platform fees, or commissions specific to Copy Trading.
8. Risk Management
8.1 Followers may configure equity stop, drawdown limit, profit target, auto-close conditions, and subscription suspension or unsubscribe rules.
8.2 When triggered, the system executes a Subscription Action (Keep, Suspend, or Unsubscribe) and a Trading Action (Close all, Close profitable, Close unprofitable, or Keep all positions).
8.3 Certain market conditions may prevent immediate position closure.
9. Account Binding and Security
9.1 You must bind your MT5 account to the Copy Trading Portal using the correct credentials.
9.2 FXCC does not store passwords; authentication is passed securely to the MT5 server.
10. Suspension and Termination
10.1 Followers may suspend or unsubscribe at any time.
10.2 FXCC may terminate access to the Service, suspend accounts, or remove Offers in cases of compliance requirements, fraud, abuse, system risk, or breach of these Terms.
10.3 Unauthorised use, abusive behaviour, or manipulation may result in immediate suspension without prior notice.
11. Limitation of Liability and Disclaimers
11.1 FXCC is not liable for: trading losses; Provider performance; failed or delayed copied trades; slippage, volume discrepancies, or market volatility; internet, server, or technology failures; or any loss resulting from use of the Service.
11.2 FXCC's liability is limited to ensuring correct technical operation of the platform and accurate calculation of Performance Fees.
11.3 FXCC does not guarantee identical performance between Provider and Follower, does not provide advisory services, does not modify Provider strategies, and does not interfere with subscriptions.
11.4 Copy Trading carries significant risk, including loss of all invested capital. Past performance of a Provider does not guarantee future results. The Service is fully automated; trades may open or close without manual intervention.
12. Amendments
FXCC may revise these Terms at any time. Continued use of the Service following any amendments constitutes acceptance of the updated Terms.
13. Governing Law and Disputes
13.1 These Terms are governed by the laws applicable to the FXCC entity with which you hold your trading account.
13.2 Any disputes shall be resolved in accordance with your FXCC CFDs Customer Agreement.
14. Contact
Central Clearing Ltd
Email: support@fxcc.net
Website: www.fxcc.com
Effective Date: 01.12.2025
