Terms of Usage

The best auto pilot forex trader since 2015 More than 120 000 pips provided

WHEREAS, the Customer desires and is permitted to engage in speculative trading in over-the-counter foreign exchange (currencies) on a cash, spot, or forward basis (“Foreign Exchange”).

WHEREAS, the Customer represents that he has speculative capital for the principal purpose of trading in Forex Transactions and has been informed and is fully cognizant of the possible high risks associated with such investments. As used in this Agreement, “Forex Transaction” shall mean any transaction involving the purchase and sale of foreign currencies for spot or forward delivery or a currency option in the inter-bank market.

WHEREAS, the Customer desires to have Wiad Forex, Wiad Auto Trader retain sub-advisors to direct transactions on behalf of the Customer involving the purchase and sale of foreign currencies for spot or forward delivery and currency options subject to the terms and conditions set forth herein.

WHEREAS, the Customer has asked Wiad Forex, Wiad Auto Trader through the sub-advisors to make investment decisions for the Customer in the terms and conditions set forth herein.

NOW THEREFORE, in consideration of the above recitals, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:

  1. Customer’s Account. Customer will open a Foreign Exchange trading account (“the Account”) with any of our recommended Forex  Brokers with an initial deposit of at least five hundred U.S. dollars ($500.00). Such account may be subject to one or more prime brokerage or give-up agreements. The initial deposit, all subsequent deposits to and withdrawals from the Account, and all transactions effected in the Account shall be subject to this Foreign Exchange Management Agreement. Customer may add to the case balance of the Account at any time. Customer agrees to give Wiad Forex, Wiad Auto Trader at least twenty-fours hours prior written notice before de-allocating any funds from the Account and seventy-two hours prior written notice before withdrawing funds from the Account. All provisions of the Customer Agreement between Wiad Forex, Wiad Auto Trader and Customer shall remain in full force and effect and shall control.
      1. Miscellaneous Provisions. Whenever necessary in this Agreement and where the context admits, the singular term and related pronoun shall include the plural and vice-versa, and the masculine and neuter terms shall be interchangeable. The section headings contained herein are for reference purposes only and shall not in any way affect the meaning or interpretation of this Agreement. Any captions appearing in this Agreement are inserted as a matter of convenience and for reference only and shall not define, limit, or describe the scope and intent of this Agreement or any of the provisions thereof. This Agreement may be executed in counterparts, each of which shall constitute an original and all of which, when taken together, shall constitute one agreement. The parties agree that this Agreement shall not be deemed to have been accepted by Wiad Forex, Wiad Auto Trader or become a binding contract between Customer and Wiad Forex, Wiad Auto Trader until approved at Wiad Forex, Wiad Auto Trader’s main office and signed by Wiad Forex, Wiad Auto Trader’s authorized representative.Authorization of Manager and Sub-Advisors. Customer authorizes Wiad Forex, Wiad Auto Trader to enter orders on behalf of the Account for Forex Transactions. Further, Customer authorizes Wiad Forex, Wiad Auto Trader, in Wiad Forex, Wiad Auto Trader’s sole discretion, to retain (and dismiss) one or more sub-advisors (individually, a “Sub-Advisor” and collectively the “Sub-Advisors”) to place orders for Forex Transactions with Wiad Forex, Wiad Auto Trader in the name of and for the sole account and risk of the Customer. Customer agrees to execute a Limited Trading Authorization and Power of Attorney with Wiad Forex, Wiad Auto Trader authorizing Wiad Forex, Wiad Auto Trader or the Sub-Advisors the authority to transact Foreign Transactions in Customer’s

        Account. Wiad Forex, Wiad Auto Trader shall have discretionary authority to make all trading decisions for the Account, without prior consultation with Customer and without prior notice to or approval from Customer with respect to such trading decision. Customer will not enter any orders in the Account and will not authorize or permit any other person to do so unless such person is appointed by Wiad Forex, Wiad Auto Trader to be a Sub-Advisor. All Forex Transactions that are entered by the Sub-Advisor may be entered in the Sub-Advisor’s sole discretion, without prior notice to, or consent of, the Customer. A Sub-Advisor shall have the power and authority to: (i) issue instructions to purchase or sell or otherwise deal in Forex Transactions for the account and risk, and in the name of, the Customer; (ii) purchase from or sell to Wiad Forex, Wiad Auto Trader the specified foreign currencies for the account and risk, and in the name of, the Customer; and (iii) generally perform any other act incidental to the foregoing; provided, however, that such authority shall not include the power to order any payment, in U.S. dollars, any foreign currency, or otherwise, to the Sub-Advisor not otherwise agreed to herein.

        1. Trading Strategy. In managing the Account, Wiad Forex, Wiad Auto Trader agrees to use its best judgment and efforts for the Customer’s benefit. However, the parties agree that the Customer shall bear all risk of gain or loss in the Account and all expenses of the Account. No assurance can be given that either Wiad Forex, Wiad Auto Trader’s advice or that advice of the Sub-Advisors will result in profits or will not result in losses for the Customer. If the realized and/or unrealized losses exceed 50% of the Customer’s deposit(s) to his account with our recommended brokers, as of the end of any business day, Wiad Forex, Wiad Auto Trader will cease trading in that account immediately and contact Customer for instructions. Wiad Forex, Wiad Auto Trader and/or the Sub-Advisors may use stop-loss orders; however, in the event that a stop-loss order is placed, there can be no assurance that the stop-loss order will protect the Account against losses.
        1. Reports and Records. Wiad Forex, Wiad Auto Trader shall furnish to the Customer daily reports detailing the Assets under Management in the Account and the Trading Profits (as defined below) experienced by the Assets under Management.
        1. Compensation.
        • Wiad Forex, Wiad Auto Trader shall be paid a Bi-weeklyly auto trading and account mangement fee of __30%_ percent per month (a __30__%  of total profit made) of the Assets under Management, as of the close of business on the last day of each calenBi-weekly, without reduction of the Assets under Management for any distributions, withdrawals, or performance fees accrued or payable as of such date, but after reduction for all transaction costs and directly related expenses (such as delivery charges) paid or payable by the Customer in connection with the Sub-Advisors’ trading for the Customer. This management fee is payable whether or not the Sub-Advisors’ trading for the Customer is profitable. If this Agreement is terminated on a date other than a month-end, the management fee described above shall be determined as if such date were the end of a month, but such fees shall be prorated based on the ratio by which the number of days in the month through the date of termination bears to the total number of days in the month.
        • Wiad Forex, Wiad Auto Trader shall receive a quarterly performance fee of _25_% of the Trading Profits experienced by each Sub-Advisor calculated for each month as set forth below. The term “Trading Profits” shall mean (A) Forex Transaction trading profits (realized and unrealized) net of losses (realized and unrealized) earned on the Assets under Management by each Sub-Advisor, (B) decreased by all brokerage and other transaction costs and directly related

         

        expenses paid or payable by the Customer in connection with each Sub-Advisor’s Forex Transaction trading for the Customer and the management fees paid or payable to Wiad Forex, Wiad Auto Trader for the month for which the calculation is being made, but before reduction for accrued performance fees and management fees, with all such Forex Transaction trading profits, losses and items of decreased determined from the end of the last month at which a performance fee shall have been earned by the applicable Sub-Advisor on the Assets under Management (or if no performance fee shall have been earned previously on the Assets under Management, from the day that the applicable Sub-Advisor began directing Forex Transactions on behalf of the Customer) to the end of the month for which such performance fee calculation is being made. The Customer acknowledges that the performance fees are calculated separately on the basis of each Sub-Advisor’s trading performance and that fees may be payable even if the Assets under Management on an aggregate basis have not realized any Trading Profits.

        • At any time upon a withdrawal from asset under management other than at the end of a month, Wiad Forex, Wiad Auto Trader will receive any accrued performance fee proportional to the amount of assets so withdrawn. Trading Profits will be correspondingly reduced for purposes of determining the performance fee due at the end of such month. For purposes of determining Trading Profits, if there is a cumulative loss when a withdrawal is made from the Assets under Management, such loss shall be reduced by the proportionate amount of the loss attributable to the Assets under Management being withdrawn.
        • Performance fees, once paid, are not subject to return, irrespective of subsequent losses. No subsequent payment based on Trading Profits shall be made to Wiad Forex, Wiad Auto Trader, however, until the Assets under Management have again experienced Trading Profits. If this Agreement is terminated on a date other than a month-end, the performance fee described above will be determined as if such date were the end of a month.
        • The Customer hereby authorizes Wiad Forex, Wiad Auto Trader to withdraw the management, performance and sales fees owed by the Customer from the Account upon receipt of an invoice from Wiad Forex, Wiad Auto Trader. Customer acknowledges that Wiad Forex, Wiad Auto Trader will also receive mark-up fees and/or commissions associated with each transaction entered in Customer account not to exceed $300 per million Forex Transactions traded.
        • The Customer acknowledges that Wiad Forex, Wiad Auto Trader performs the services contemplated hereunder for other customers and may charge different fees than charged to the Customer under this Agreement.
        1. Risks. All Forex Transactions directed by the Sub-Advisors hereunder shall be in the name and for the account and risk of the Customer. The Customer understands and acknowledges that Forex Transactions involve conflicts and a substantial risk of loss due to, among other factors, the fact that such transactions are executed through Wiad Forex, Wiad Auto Trader acting as a principal; that Forex Transactions generally are not regulated by banking authorities or other U.S. regulatory agencies; that trading in Forex Transactions may be highly illiquid and an unusually wide spread may exist between the price at which a counterparty is willing to purchase and sell particular foreign currencies; and that credit controls may be imposed by governmental authorities or other actions taken by governmental authorities which may significantly increase

         

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        the risk of loss to the Customer or affect the ability of any party to fulfill its obligations to the Customer. The Customer further acknowledges that Wiad Forex, Wiad Auto Trader makes no guarantee whatsoever that the Forex Transactions contemplated hereunder will be profitable or will not result in losses.

        1. Conflicts of Interest.
        • Wiad Forex, Wiad Auto Trader and the Sub-Advisors, and their respective principals, employees, agents and affiliates may manage the accounts of customers. If Wiad Forex, Wiad Auto Trader or the Sub-Advisors place the same or similar orders at or about the same time for its customers’ accounts, all such accounts may compete for the same or similar positions and, depending upon whose order is placed first, the difference in timing may result in some accounts receiving better prices than other accounts.
        • In addition, Wiad Forex, Wiad Auto Trader and the Sub-Advisors may have a conflict of interest in rendering advice to Customer because the financial benefit from managing other customers’ accounts may be greater, which may provide an incentive to favor such other accounts. While Wiad Forex, Wiad Auto Trader and the Sub-Advisors might have an incentive to favor another customer over Customer, neither Wiad Forex, Wiad Auto Trader nor the Sub-Advisors will knowingly do so.
        • A potential conflict of interest exist in that Wiad Forex, Wiad Auto Trader profits due to commission generated by trading volume. As the manager or advisor firm, Wiad Forex, Wiad Auto Trader will charge commissions, sometime in the form of a markup not to exceed 2 pips per trade or $200.00 per million traded
        1. Representations and Warranties.
          • Wiad Forex, Wiad Auto Trader represents and warrants the following to the Customer:
        • Wiad Forex, Wiad Auto Trader is duly formed as a corporation under the laws of the State of Texas, authorized to do business in Texas.
        • Wiad Forex, Wiad Auto Trader has the power to execute and deliver this Agreement and any other documentation relating to this Agreement and to perform its obligations under this Agreement and has taken all necessary action to authorize such execution, delivery and performance. Such execution, delivery and performance do not violate or conflict with any law applicable to Wiad Forex, Wiad Auto Trader, the constitutional documents of Wiad Forex, Wiad Auto Trader, any order or judgment of any court or other governmental agency, or any contractual restriction binding on or affecting Wiad Forex, Wiad Auto Trader.
        • The Customer represents and warrants the following to Wiad Forex, Wiad Auto Trader:
        • The Customer is aware of the highly speculative nature of, and risks of loss inherent in, Forex Transactions and is financially capable of engaging in such trading.
        • The Customer has significant additional assets beyond the value of the Account and any funds that may in the future be committed to the Account. Further, Customer represents and warrants that he is financially able to accept the risks of Forex Transactions and to bear the loss of the funds deposited in the Account.
        • The Customer acknowledges that it, and not Wiad Forex, Wiad Auto Trader or sub-advisors, is responsible for making any and all margin payments and paying all commissions and other fees, costs, and expenses charged to the Account.
        • The Customer acknowledges that any losses from the transactions in the Account are the sole responsibility of Customer and not Wiad Forex, Wiad Auto Trader or the sub-advisors.
        • The Customer acknowledges that Wiad Forex, Wiad Auto Trader makes no guarantee or representation that the Account will be profitable.
        • The Customer acknowledges that the advice and transaction effected by Wiad Forex, Wiad Auto Trader and/or the sub-advisors may be subject to the Commodity Exchange Act, the regulations of the Commodity Futures Trading Commission, or the rules of the National Futures Association.
        • The Customer, if an entity, is duly formed under the laws of the jurisdiction in which it is organized. The Customer, if an individual, is of legal age to be bound by this Agreement and is legally competent, and that no other person has, or will have as a result of any action of Customer, any interest in or right to the Account, except as fully disclosed to Wiad Forex, Wiad Auto Trader in the Account Agreement.
        • The Customer has the power to execute and deliver this Agreement and any other documentation relating to this Agreement and to perform its obligations under this Agreement and has taken all necessary action to authorize such execution, delivery, and performance. Such execution, delivery and performance do not violate or conflict with any law applicable to the Customer, the constitutional documents (if any) of the Customer, any order or judgment of any court or other governmental agency, or any contractual restriction binding on or affecting the Customer. All governmental and other consents that are required to have been obtained by the Customer with respect to this Agreement have been obtained and are in full force and effect.
        • The Customer warrants that funds being deposited and traded have not originated from any illegal activity.
        • The Customer acknowledges that Wiad Forex, Wiad Auto Trader is not qualified to give, and has not given, any advice with respect to the tax treatment of profits or losses in the Account.
        1. Relationship of the Parties. Wiad Forex, Wiad Auto Trader is an independent contractor and this Agreement shall not be deemed to establish a joint venture between Wiad Forex, Wiad Auto Trader and the Customer and nothing herein contained shall be construed as creating a general partnership or other similar relationship or as authorizing any party to act as general agent or to enter into any contract or other agreement on behalf of any other party except as otherwise expressly provided herein.
        1. Standard of Liability and Indemnity. Wiad Forex, Wiad Auto Trader shall not be liable to Customer or to any third party except by reason of acts that constitute gross negligence, bad faith or intent to defraud. Customer will indemnify, hold harmless, and defend Wiad Forex, Wiad Auto Trader and its employees, officers, shareholders, affiliates and agents, from and against any liability, loss cost, damage, or expense (including attorney’s fees) and any amount paid in settlement thereof to which any of them may become subject to in acting pursuant to or in furtherance of this Agreement or in connection with any transaction for the Account.
        1. Term of Agreement. Either party may terminate this Agreement at any time upon at least three business days’ prior written notice to the other. Upon receipt of a notice of termination from the Customer, or if Wiad Forex, Wiad Auto Trader gives notice of termination to the Customer, Wiad Forex, Wiad Auto Trader shall work with the Customer in good faith to use its best efforts to assure to the extent

        practicable that there is an orderly wind-down of positions in the Account. Once notice of termination is received, Wiad Forex, Wiad Auto Trader shall liquidate all Account positions as promptly as practical.

        1. Notices. All notices or other communications shall be in writing and shall be delivered personally or sent by air courier, fax or registered mail, return receipt requested and shall be effective when delivered personally on the day delivered, or when given by fax or by registered or certified mail on the day of receipt. Notices intended for Wiad Forex, Wiad Auto Trader shall be sent to the attention of Wiad Forex, Wiad Auto Trader’s Director of Compliance and addressed to Wiad Forex, Wiad Auto Trader, LLC., 9400 MacArthur Blvd, 124-417, Irving, TX 75063. Notices intended for the Customer shall be sent to the address of the Customer in the records of Wiad Forex, Wiad Auto Trader.
        1. Waivers and Amendments. None of the provisions of this Agreement may be amended or waived except by a written instrument duly executed by the party to be charged therewith. No waiver of any right or remedy or any breach of or default under any provision of this Agreement shall constitute a waiver of any other right or remedy for any breach of or default under any other provision or of any other breach of or default under the same provision.
        1. Services Non-Exclusive; Confidentiality. Wiad Forex, Wiad Auto Trader’s present business includes managing accounts for investors in Forex Transactions and providing advice on Forex Transactions, and Wiad Forex, Wiad Auto Trader will be managing accounts for other clients during the same period that it is managing the Account. Wiad Forex, Wiad Auto Trader’s services provided hereunder are not exclusive and Wiad Forex, Wiad Auto Trader, its principals and affiliates shall be free to render similar services to others, and to manage other clients’ accounts and to use the same or other information, trading programs or formulae and trading strategies which they obtain, produce or utilize in the performance of services for the Customer. The Customer recognizes that the results obtained by Wiad Forex, Wiad Auto Trader from time to time for such other accounts may be more favorable than the results obtained for the Customer. The Customer acknowledges that Wiad Forex, Wiad Auto Trader may charge fees for its services for other accounts different from those charged to the Customer and that trading for accounts other than the Customer’s Account may increase the level or competition with respect to Forex Transactions. The Customer acknowledges that the advice given by Wiad Forex, Wiad Auto Trader is the confidential property of Wiad Forex, Wiad Auto Trader, and the Customer will not disclose the same to third parties without the prior written consent of Wiad Forex, Wiad Auto Trader. The Customer will use any such confidential information solely to monitor Wiad Forex, Wiad Auto Trader’s performance on behalf of the Customer. Nothing in this Agreement shall require Wiad Forex, Wiad Auto Trader to disclose the details of its trading systems and strategies.
        1. No Waiver. No provision of this Agreement may be waived or amended unless the waiver or amendment is in writing and signed by both Customer and an authorized officer of Wiad Forex, Wiad Auto Trader. No waiver or amendment of this Agreement may be implied from any course of dealing between the parties or from any failure by Wiad Forex, Wiad Auto Trader or Wiad Forex, Wiad Auto Trader’s agents to assert Wiad Forex, Wiad Auto Trader’s right under this Agreement on any occasion or series of occasions. No oral agreements or instructions to the contrary shall be recognized or enforceable. This instrument and the attachments hereto embody the entire agreement of the parties, superseding any and all prior written and oral agreements and there are no other terms, conditions or obligations other than those contained herein.
        1. This Agreement shall not be assignable by Customer. Any assignment by Wiad Forex, Wiad Auto Trader to another entity shall be valid and enforceable. Wiad Forex, Wiad Auto Trader shall also have the right to assign to any third party its right to collect and/or bring an action for any amounts owing to it under this Agreement.
        1. Invalid Provisions; Governing Law; and Jurisdiction. This  Agreement  shall  be

        governed by the substantive laws of the State of California. The invalidity or unenforceability of any provision or any portion of any particular provision herein shall not affect the validity of any other provision. In addition, if it shall be determined that any provision violates the public policy of the State of California, or any California or Federal statutes, then such provision shall be reconstructed or modified to allow such provision to be in conformity with California public policy or such Federal statute. This Agreement or any section thereof shall not be construed against any party due to the fact that said Agreement or any section thereof was drafted by said party. The parties agree that all actions, disputes, claims or proceedings, including, but not limited to, any arbitrations proceeding, arising directly or indirectly in connection with, out of, or related to or from this Agreement, any other agreement between the Customer and Wiad Forex, Wiad Auto Trader, whether or not initiated by Wiad Forex, Wiad Auto Trader, shall be adjudicated only in courts or other dispute resolution forums whose situs is within the City of Santa Ana, State of California. Customer hereby specifically consents and submits to the jurisdiction of any State or Federal Court, or arbitration proceedings located within the City of Santa Ana, State of California.

        1. Agreement Binding. This Agreement shall be binding upon the heirs, executors, administrators, successors and assigns of the parties hereto.

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Any Advice or information on this website is General Advice Only – It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Wiad Forex, Wiad Trader, its employees, directors or fellow members/clients.

Futures, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, spot forex, cfd’s, options or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.

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Wiad Forex is the world’s best Auto trading platform for forex, commodities, indices and cryptocurrency traders. It automatically copy Wiad Trader  trades into your own trading account from all around the world, We also offer free Forex Education and Bitcoins Mining.  Trade using your mobile phone. Get free $500 No Deposit Bonus to Test Run Wiad Auto Trader.  

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From the Founder

I want to sincerely thank you for be a part of our success, an amazing part we took some years ago. Indeed it has change the status quo of many. Our 5+ years in the business of providing Unique forex automated trading  has equally given us an edge. My regards to everyone!