Terms of Use

FOREX TRADING IS EXTREMELY RISKY. YOU MUST ENSURE YOU FULLY UNDERSTAND THE RISKS INVOLVED BEFORE TRADING.

General Terms

Welcome to www.matrixtrader.co.uk website terms and conditions. These terms detail the terms and conditions on which we supply our services listed on our website to you. Please read these terms carefully before using our services. By signing up as a subscriber, you agree to be bound by the terms and conditions set out below.

This site is owned and operated by Matrix Trader Limited ("we, our, us"). We are a company registered in England and Wales. Our company registration number is 12441390 and our registered office is at Unit 7 Navigation Business Village, Navigation Way, Preston, Lancashire, United Kingdom PR2 2YP. You can email us at support@matrixtrader.co.uk

Matrix Trader LTD is not, nor is represented as a registered investment consultant or broker. We do not offer to buy or sell any of the financial instruments mentioned on our website. We are not regulated by the Financial Conduct Authority.

Our services

Matrix Trader LTD is an Algorithmic copy trading platform. We use a computer program which follows a defined set of instructions to place trades. These instructions are based on timing, price and previous patterns. Our aim is to offer trading opportunities which systematically generate profits at speed and frequency without the impacts of human emotions.

Once you have subscribed for an account, your trading account will be linked to our master copy trading account via a virtual private network (VPN). Therefore, if a trade is executed by the computer program on our account it will be copied and executed on your account at the same time. This is applicable on all positions, thus is capable of opening and closing trades even while your asleep!

You can monitor your account from anywhere around the world via an iPhone, iPad, android or PC.

It should be noted that we are an ‘execution only’ trading platform. This means we shall not offer any advice or recommendation on your trading activity. Whenever information is disclosed, whether express or implied, about profit or revenue, it is not a guarantee. No method or trading system ensures that it will generate a profit.

By signing up as a subscriber, you acknowledge, warrant and agree that:

  1. We do not provide any financial, investment or trading advice.
  2. The information on our website is for educational purposes only and cannot be relied upon for any financial or investment activities.
  3. We shall not be responsible for your profits or losses. You are solely responsible for your trading decisions and subsequent implications.
  4. You are at least 18 years of age, of sound mind and have the legal capacity to enter into a legally binding agreement with us.
  5. You are aware of all risks associated with forex trading and that past performance and unique experiences are not indicative of future results.
  6. You have read and understood our Risk Disclosure, our Disclaimer and these Terms of Use.
  7. You have carefully considered your goals, experience and risk level before trading.

Our Website and Disclaimer

Our website forms part of our Intellectual Property. All literature, examples, analysis, data, news, research, information, recommendations etc provided on our website are intended for educational purpose only and must not be construed as financial or investment advice in any sense or relied upon for financial or investment activities. Our website must not be deemed as an invitation or encouragement to open a trading account or invest money in forex trading with any forex traders, brokers or companies listed on our website. Anyone who decides to set up a merchant account or uses the services of any of the brokers, financial or forex companies and other institutions mentioned on our website, bears full responsibility for their actions. Matrix Trader LTD nor any of our affiliates are responsible for your trading decisions.

Some of the content on our website may occasionally be supplied by a third-party website. If this is the case, the source of the third-party content will be identified. Similarly, third party websites may refer to us. We do not review all the links referred to our website and are not responsible for contents posted on the third-party websites. The presence of any hyperlink does not mean we endorse the websites, nor should our reference to third-party websites be construed as legal, financial, investment or tax advice.

The content of our website entails personal views, beliefs and opinions of the author. While Matrix Trader LTD believes that the content provided is accurate, neither us nor any third-party website provide any explicit or implied warranty or guarantee of accuracy, completeness or usefulness of the information provided. Matrix Trader LTD assumes no responsibility for any loss or damage caused as a result of directly or indirectly using or relying on such information or recommendations.

This site is not intended for distribution to or use by, any person in any country where such distribution or use would be contrary to local law or regulation. It is your responsibility to check that it is lawful in your country of residence for you to trade foreign currency via the trading signals we provide both manually and automatically via our software.

Change of Terms and Conditions

We aim to improve and develop our website for the benefit of all our users. We may at any time modify or withdraw, temporarily or permanently, this website or any part of it without cause or prior notice. We may also change the terms and conditions herein from time to time which will demonstrate your acceptance of such change.

Internet Trading

Our services operate via the internet. We have no control over your equipment or internet connection and cannot be held responsible for any communication failures, distortions or delays or any subsequent loss or damage.

Forex Trading is risky

Forex trading may not be suitable for all users. Forex trading can result in potentially large rewards or large losses. There is considerable exposure to risk including but not limited to, leverage, creditworthiness, limited regulatory protection, interest and exchange rate fluctuations, market instability, price liquidity etc. Forex trading is most suitable for users who understand the risks and are financially capable of standing losses – which can easily exceed the initial investment amount. By using our services, you confirm you understand the risks involved with your trading activities. Matrix Trader Ltd takes no responsibility for any of your losses.

Minimum Margin Requirement

Our services involve the use of margins. You must always maintain the minimum margin requirement for the open position. If the minimum requirement is not maintained, we reserve the right to liquidate all open positions. It is for the you to monitor your net outstanding balance and to make informed decisions.

Closing the open positions

Depending on the market conditions, there may be times we are unable to close the position at the level specified by you. Matrix Trader LTD shall not be liable for any subsequent loss you incur.

Conflict of interest

It should be noted that when we enter into a transaction with or for you, we or our directors, officers, employees, executives, agents and other affiliated entities, may have an interest, relationship or arrangement that is material in relation to the transaction concerned. Should such a conflict of interest arise we are not under any duty to act in your best interests. We are not regulated by the Financial Conduct Authority.

Our Charges

Our charges shall in be accordance with our subscription packages. We may charge commission on each transaction which shall be notified to you through your account. We reserve the right to make changes to our subscription packages and our fees without notice.

Transactions in the market can be linked to domestic markets outside the UK Jurisdiction. This can lead to additional risks and charges. You should check such details before trading.

Billing, Cancellations and Refunds

By subscribing to our services, you agree to pay a monthly or quarterly fee to Matrix Trader LTD. Depending on your subscription package, we will charge your account on each monthly or quarterly cycle from the date you join. The subscription fees are non-refundable. This service is a virtual digital product that cannot be returned. By subscribing you acknowledge these terms and agree not to demand a refund.

We accept Visa, MasterCard, Maestro and American Express.

If you do not maintain your monthly or quarterly subscription fee, your account will automatically be deactivated until payments have been instated.

You can unsubscribe at any time by sending us an email at least 48 hours before your next billing date. If you fail to cancel your subscription in time, you will be liable for the following monthly or quarterly subscription fee. Requests for cancellations must be sent to support@matrixtrader.co.uk, the subject of your email should specify 'Cancel Subscription' otherwise your cancellation request will not be considered.

Matrix Trader LTD and our payment processing service providers are not liable to you or your third-party transactions for any direct, indirect or other incidental damage that can be caused due to service unavailability or failure to access the service.

Your Account and Your Money

Once you have subscribed, you will be able to login to your account using your login details. It is your responsibility to keep your login details safe. Your homepage will provide you with various trading options. You will then be able to manually adjust trade positions and close trades as you please.

Your money and investments will remain in your trading account. We shall have no access to your funds. However, if there are not sufficient funds in your account your trade will not be executed.

Abusing your account management services

If Matrix Trader LTD found that you are abusing our services or your account in order to affect or manipulate the trades in general or you have taken action in any running trades (close half, move stop-loss, TP or full close etc), or try and connect your account to another copy service in order to duplicate trades, Matrix Trader LTD reserve the right to terminate your service without giving any prior notification and may seize your balance as a compensation..

You may not change the credential of your account i.e. your login ID, password, broker, trading platform more than 3 times without our consent. We reserve the right to terminate your account without giving any prior notification. In order to reactivate your account, you will be required to pay the subscription fee again to continue the service.

Intellectual Property

Matrix Trader LTD is the owner and or authorised user of all copyright, trademarks and other intellectual property rights in all materials and content available on our website unless indicated otherwise. You acknowledge and agree that the intellectual property rights in all materials and content shall remain at all times vested in us. This website is made available for your personal non-commercial use only. You may print the content of the website for such personal use. You agree not to (and agree not to assist or facilitate any third party to) copy, reproduce, transmit, publish, display, distribute, commercially exploit or create derivative works of such material and content. You acknowledge that any such use of the material and content of this website is strictly prohibited.

Your Data

We will only use your personal information as set out in our Privacy Policy which can be accessed via:
https://www.chargebee.com/privacy/
https://www.chargebee.com/privacy/

Miscellaneous

These terms and conditions constitute the entire agreement between you and us. No other person shall have any rights to enforce any of these terms on your behalf.

This agreement shall be governed by and construed in accordance with the law of England and Wales and the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this agreement.

If any court or relevant authority decides that any of the terms and conditions or any portion of these terms and conditions are held to be invalid or unenforceable in whole or in part, the validity or enforceability of the other sections of these terms and conditions shall not be affected.

No omission to exercise or delay in exercising our right, power or remedy provided by law or under this agreement shall constitute a waiver of our right, power or remedy.




Please also read Risk Disclosure