Trader Copy Trading Agreement

This Trader Copy Trading Agreement (hereinafter referred to as the "Agreement") is made between you (referred to as "you" or "Trader") and MGBX (referred to as "we" or "the Platform"), governing your participation as a trader providing copy trading services on the Platform. By applying to become a trader, you agree to comply with the terms and conditions of this Agreement.

1. Trader Application Requirements

By applying to become a trader, you will gain copy-trading eligibility, allowing other users to follow your strategies and replicate your trades, while earning commission from followers’ profits. To qualify, you must meet the following criteria:

• Asset Requirements: Futures account balance ≥ 500 USDT

• Trading Requirements:

  • Cumulative PnL in the past 7 days ≥ 10%

  • Total trading volume in the past 7 days ≥ 500 USDT

• Account Requirements:

  • Not currently following another trader

2. Trader Code of Conduct

As a trader on the Platform, you are required to adhere to the following code of conduct:

1.No Promises of Profit: Traders must not promise profits to attract followers. Any form of profit guarantee is considered a violation.

2. Prioritize Follower Interests: Traders should make every effort to help followers achieve profits while managing risks. Engaging in fake trades to chase high commissions is strictly prohibited.

3. No High-Risk Strategies: Traders must avoid using high-risk, high-reward strategies that may expose followers to uncontrollable risks.

4.No Disclosure of Personal Information: Traders must not display or imply personal trading information (e.g., phone numbers, emails, social media accounts) in their usernames, personal bios, or other profile details.

5.No Multi-Account Trading or Fake Trades: Traders are prohibited from using multiple accounts for copy trading or engaging in self-matching trades. Violations may result in permanent disqualification.

6.No Malicious Activities: Traders must not engage in malicious activities, such as artificially inflating follower numbers or capital through fake trades. Violations will result in permanent suspension of the trader account.

7. Violation Penalties: If a trader violates any terms of this Agreement, the Platform reserves the right to immediately revoke their trading qualification and recover any illicit gains. Further services will be permanently suspended.

8. Account Deactivation and Ongoing Positions: If a trader’s qualification is revoked, the current follower positions will remain active. Traders should be fully aware of this and manage their operations accordingly.

9.Handling of Abnormal Trades: The system will continuously monitor trader activities. If abnormal trading behavior is detected, the Platform reserves the right to prohibit the trader from continuing copy trading and take appropriate action.

3. Service Fees & Profit Sharing

1. Copy-Trading Fee: The platform charges followers a certain percentage of trading fees, subject to official announcements.

2. Profit Sharing Ratio: Traders receive 12% of the total realized profit from closed follower positions.

3. Profit Distribution:

   • (3.1) Profit sharing is distributed daily between 08:00–10:30 (SGT), provided the trader has no open positions at settlement.

   • (3.2) If open positions remain, settlement will be deferred to the next day within 08:00–10:30 (SGT).

   • (3.3) Distributed profits are credited directly to the trader’s account and can be withdrawn or reused for trading at any time.

4. Fee Adjustments: The platform reserves the right to adjust service fees and profit-sharing rules based on market conditions, with prior notice to traders.

4. Agreement Modification and Termination

1.Agreement Revision: The Platform reserves the right to modify this Agreement. Revised terms will be published on the Platform and take effect immediately. By continuing to provide services, the trader accepts the updated Agreement.

2.Agreement Termination: If a trader violates the terms or engages in improper behavior, the Platform has the right to unilaterally terminate their qualification as a trader.

5. Risk Disclosure and Disclaimer

1. Market Risk: The digital asset market is highly volatile and involves significant risk. The Platform is not responsible for any losses incurred by traders or followers due to market fluctuations.

2. Technical Risk: System failures and network issues may lead to delayed or failed transactions. The Platform is not liable for any resulting losses.

3.Trader Responsibility: Traders are solely responsible for all actions taken on the Platform. The Platform does not assume any liability for losses caused by trader operations.

6. Agreement Effectiveness and Interpretation

1. Effective Date: This Agreement becomes effective once the trader completes the application and begins providing copy trading services. It is legally binding on both parties.

2. Interpretation: The final right of interpretation for this Agreement belongs to the Platform.