Trader – a trader, whose transactions are copied by his/her subscribers.
Investor – an owner of a trading account, where transactions from Traders’ accounts are copied to.
Offer – a formal agreement between the Trader and the Investor, which defines the conditions of copying transactions from Traders. Offer has a limited validity period and allows setting different parameters of share of the offer and trader's commission
Trader’s commission – a parameter that describes the schemes according to which the investor pays the trader a commission based on the results of their trading. Depending on the particular scheme, a commission can be calculated based either on the total profit multiplied by the commission rate (percentage) specified by trader in the offer, or some fixed sum for each profitable transaction.
Minimum deposit – Minimum amount of funds the investor must deposit to his/her account in order to have an opportunity to subscribe to the trader’s offer. Minimum deposit is specified by the trader when creating the offer.
Pending offer – an offer, which hasn’t started yet. In this case, investors don’t receive any trading signals from traders.
Active offer – an offer, which is in progress. In this case, transactions from traders’ accounts are copied to the accounts of their subscribers.
Closed offer – an offer, which has already finished. In this case, investors don’t receive any trading signals from traders.
Start of the offer – when the offer becomes active in the beginning of the investment period. All subscriptions are activated and investors start copying transactions from traders’ accounts.
Subscription to the offer – an action to connect to the trader. Subscribing to the offer automatically implies that the investor agrees to the conditions of the offer.
Closing of the offer – the offer is automatically closed at the end of the investment period. All investors unsubscribe from the trader; traders receive their commission according to the conditions of the offer.
Cancellation of the offer – traders have the right to close the offer prior to the scheduled date. As a result, the offer is closed and investors don’t receive any trading signals from traders. In this case, traders don’t receive a commission, which wasn’t transferred by the moment of cancellation. The offer can be cancelled only if there are no open orders on the trader’s account .
Unsubscribing from the offer – investors can unsubscribe from the offer prior to the scheduled date. Depending on the particular scheme, investors can unsubscribe from the offer only if there are no open orders on investors’ accounts copied during the period of the offer.