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Sign Up - Terms of Service

 CannAvenue Limited Copy Trader Agreement


This Copy Trader Agreement ("Agreement") is entered into by and between CannAvenue Limited ("CannAvenue"), a software development company of a proprietary trading algorithm (the "Algorithm"), and the undersigned Trader ("Trader"). By signing this Agreement, Trader acknowledges and agrees to the following terms and conditions:


1. Scope of Services

CannAvenue provides Traders with the ability to authorize OX Securities to copy trades executed by CannAvenue for only 1 of their own accounts using the proprietary Algorithm. CannAvenue does not act as a money manager, broker, or seller of securities. CannAvenue does not have custody or control over Trader’s funds or accounts.


2. Acknowledgments by Trader

Trader understands and acknowledges that:

(a) Control Over Funds: Trader retains full control over their brokerage account and funds at all times. This includes the ability to deposit, withdraw, subscribe to, or unsubscribe from copying CannAvenue’s trades at their sole discretion.

(b) Authorization to Copy Trades: Trader authorizes their Broker to replicate the trades executed by CannAvenue in their proprietary account to Trader’s account. CannAvenue is not directly trading on Trader’s account and does not manage Trader’s funds.

(c) Service License Fee: CannAvenue charges a license fee once per month per account. The Trader will be charged the service license fee on the first day of using the service. The day the Trader begins using the service will be the monthly billing date going forward. Ie: if a Trader begins using the service on June 5th, the Trader will be charged the service license fee on the 5th day of every month going forward. Trader authorizes their Broker to deduct the license fee automatically and remit it to CannAvenue. No other fees will be due to CannAvenue. Should the Trader unsubscribe prior to the next billing of the fee, the Trader will no longer be charged for the service. If the trader would like to use the service for more than 1 account, each account will be subject to a monthly service license fee.

Standard Service License Fee: $79 USD per month. This allows you to copy our trades to your trading account. If you require any assistance, you will use our Contact Us form, FAQ’s and support email.

(d) Brokers Fees: The Broker sets their own fees in separate agreement with the Trader. Trader is responsible for all broker fees. Each broker fee associated with trading shall be earned by the Broker when each trade is placed.

(e) No Guarantees: CannAvenue does not guarantee any specific financial results or returns. Past performance of the Algorithm is not indicative of future results.

(f) Risk Awareness: Trader is aware of the risks involved in trading and has set and chosen their own risk level. Trader confirms that they have their own risk mitigation strategies in place.

(g) Independent Decisions: Trader’s participation in copying CannAvenue’s trades is voluntary, and Trader is solely responsible for all decisions regarding their account.

(h) Insufficient Funds: If the Trader’s monthly payment fails due to insufficient funds, the service will stop immediately and there will be a $25 fee to reactivate.

(i) Strictly Prohibited Use: Every account that is copying trades from CannAvenue will have to pay the monthly $79 USD. Any suspected circumvention of this will result in an immediate halt to the service and the client will be banned for life.

(j) Minimum Balance: To use the copy trading service, the Trader must have a minimum balance of $3000 USD in their trading account. If you have a significantly higher balance and would like to have a dedicated account manager, please enquire about our enterprise service by sending an email to support@cannavenuegroup.com.


3. Disclaimers

(a) No Investment Advice: CannAvenue does not provide investment, legal, or tax advice.

Nothing in this Agreement or CannAvenue’s communications should be construed as such.

(b) No Regulatory Role: CannAvenue is not a registered investment advisor, broker-dealer, or financial institution.

(c) Market Risks: Trading in financial markets involves significant risk, including the entire loss of principal.

(d) No Warranty: Trader acknowledges that CannAvenue makes no guarantees or warranties regarding the performance of its Algorithm or the trades copied.


4. Responsibilities of Trader

(a) Trader is responsible for:

Ensuring sufficient funds are available in their account for executing copied trades.

Monitoring their account activity and making independent decisions about participation in copying trades. Understanding the terms and conditions set forth by their Broker.

(b) Trader represents that they have conducted their own due diligence and have sought professional advice as needed before entering into this Agreement.


5. Indemnification

Trader agrees to indemnify and hold harmless CannAvenue, its officers, directors, employees, and affiliates from any claims, losses, liabilities, or expenses arising out of or related to:

Trader’s participation in copying CannAvenue’s trades.

Any actions or decisions made by Trader concerning their account.

Any financial loss.

Any tax implications.


6. Termination

This Agreement may be terminated by either party at any time upon written notice. Termination of this Agreement will not affect the rights and obligations of the parties that have accrued prior to termination. Our email address is support@cannavenuegroup.com


7. Miscellaneous

(a) Entire Agreement: This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements or understandings related to its subject matter.

(b) Amendments: This Agreement may only be amended in writing, signed by both parties.

(c) Governing Law: This Agreement shall be governed by and construed in accordance with the laws of Ontario, Canada in which CannAvenue is registered, without regard to its conflict of law provisions.

(d) Severability: If any provision of this Agreement is found to be unenforceable, the remaining provisions shall remain in full force and effect.

  

Acknowledgment and Acceptance

By typing your name and date below, Trader acknowledges that they have read, understood, and agree to the terms and conditions of this Agreement. Trader further affirms that they understand the risks associated with trading and copying trades, and that CannAvenue has made no guarantees of profitability or financial outcomes.

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CannAvenue Limited Copy Trader Agreement

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