I. General
- The Copy Trading section of the NexusCrest Platform enables replication of trading operations from a Master Trader’s account into a Copy Trader’s account.
- The service is available only to registered NexusCrest users who accept these Copy Trading Rules and Terms of Use.
- Only approved Master Traders can offer copy-trading services. Verification requires account approval and acceptance of the Master Trader Agreement.
- Each Master Trader’s account becomes a Copy Source once approved and linked.
- Copy trading may occur manually or automatically using trading algorithms (“Auto Traders”). The NexusCrest system monitors performance and displays live statistics.
- One trading account = one Master Trader profile. Multiple profiles per account are not allowed.
- Copy Trading subscriptions allow Copy Traders to automatically mirror positions from the selected Master Trader, subject to system-synchronization conditions.
- By subscribing, the Copy Trader accepts all risks associated with copying trades and confirms the legal right to execute trades in their linked account.
- NexusCrest may suspend or remove any Master Trader or Copy Trader without notice for violations or system-integrity risks.
- The Platform does not guarantee profitability or performance consistency.
II. Master Traders
- Any verified user can apply to become a Master Trader.
- To be approved, the trading account must not have any open positions at the time the application is evaluated.
- The account must have at least fourteen (14) days of active trading history.
- NexusCrest reserves the right to approve or reject applications at its discretion.
- Identity verification (KYC) is mandatory — a valid passport, ID card, or driver’s license must be submitted.
- All data must be provided in English; the Master Trader’s username and statistics will be publicly visible.
- Master Traders must ensure uninterrupted API or investor access to their trading account for accurate signal transmission.
- Master Traders shall notify NexusCrest at least seven (7) days before terminating a Copy Source.
- Advertising of third-party products or services on their profile or description is prohibited.
- A Master Trader may not act as a broker, introducing broker, or employee of a brokerage firm.
III. Setting Up a Copy Source
- Each Master Trader may register one trading account as a Copy Source.
- Only live accounts are eligible (demo or simulated accounts are prohibited).
- Public metrics such as balance, equity, deposits, withdrawals, and P/L may be displayed to Copy Traders in real time.
- Copy Sources with extreme leverage (e.g., > 1:500) may be restricted.
- Master Traders may define their performance-fee rate, visible on their public profile.
IV. Copy Trading Subscriptions
- All registered users may subscribe to Copy Trading.
- The trading account must not have any open positions at the time of subscription.
- A user may have a maximum of five (5) active Copy Trading accounts at any given time.
- Manual trading in an account subscribed to a Master Trader constitutes interference and can lead to unpredictable results.
- The subscription can be cancelled at any time.
- A single trading account may be linked to only one Master Trader at a time.
- Copy Traders must maintain a minimum account balance defined by NexusCrest to ensure order execution.
- Copy-execution parameters include:
• Copy ratio (% of equity to allocate)
• Minimum equity-protection threshold
- Copy Traders may pause or cancel subscriptions at any time; fees already charged are non-refundable.
- Copy synchronization occurs automatically whenever a new trade is opened by the Master Trader.
- Manual trading in a subscribed account may interfere with copy execution and is strongly discouraged.
V. Fees and Payments
- All payments are processed through the NexusCrest internal wallet system.
- Copy Traders are charged performance fees based on monthly profit over the High-Water Mark, as defined in the Performance Calculation and Fees document.
- How Performance Fees Work:
• High-Water Mark Protection: Fees apply only to profits that exceed the account’s previous highest equity value.
• No Fees on Losses: If the account incurs losses, no performance fees are charged.
• Collection Schedule: Fees are automatically collected monthly and whenever a Copy Trader unsubscribes or makes withdrawals.
- Example Calculation:
Scenario: Account grows from $1,000 to $1,200 (20% gain)
Fee Rate: 20%
Profit: $200
Performance Fee: $200 × 20% = $40
Your Net Gain: $160 (80% of profit)
- Performance fees are automatically deducted from the Copy Trader’s account balance.
- Fees are calculated and collected on a calendar-month basis.
- The fee rate cannot be changed after subscription.
- All fee calculations and payment history are visible in the user’s account dashboard.
- Unsubscribing triggers immediate collection of any outstanding profit-based fees.
- Fee Lifecycle:
• Pending: Fee calculated but not yet collected.
• Collected: Fee successfully deducted and credited to the Master Trader.
- Refunds are not provided for active subscriptions or early cancellations.
- NexusCrest may withhold or reverse payments in cases of fraud, manipulation, or terms violation.
VI. Risks and Disclaimer
- Copy trading carries significant risk. Past performance does not guarantee future results.
- Execution delays, slippage, or account differences may cause divergence from Master Trader results.
- System or connectivity issues may prevent trade synchronization.
- In the context of Copy Trading, NexusCrest acts solely as a technology provider, not a financial advisor. All trading decisions and results remain the user’s responsibility.
VII. Violations and Termination
- NexusCrest may suspend or terminate access without prior notice for:
• Fraudulent or manipulative activity
• Spam or unauthorized advertising
• API tampering, unauthorized interfaces, or reverse engineering
• Copying or retransmitting trades outside the Platform
- Serious violations result in permanent account blocking and fund forfeiture for affected subscriptions.
VIII. Miscellaneous
- These Rules form part of the NexusCrest Terms of Use.
- All notices are in English and sent electronically.
- NexusCrest reserves the right to amend these Rules at any time with prior notice to users.
IX. Performance Metrics and Statistics Explanation
- A Master Trader’s performance is calculated using Time-Weighted Return (TWR), which measures percentage profit over time independent of deposits and withdrawals.
- Performance is computed from daily equity reports and cash-flow events (deposits/withdrawals). Each period between events is evaluated and compounded to produce a cumulative return.
- Displayed metrics may include:
• Total Return (TWR %) – aggregate performance since inception.
• Monthly Return (%) – performance for the latest calendar month.
• High-Water Mark (HWM) – the highest equity level used to determine when performance fees apply.
• Drawdown (%) – maximum decline from peak equity to trough.
• Followers / AUM – number of Copy Traders and total copied funds linked to the Master Trader.
- All statistics are updated periodically and are for informational purposes only. They do not guarantee future returns.