Agreement as to Terms of Service
for the use of the Zulutrade Platform
By utilizing this website, you agree to be bound by these terms and conditions. This is a
legal agreement ("Agreement") between you, and STAGE 5 TRADING CORP for use of the website, data,
the ZuluTradeUS electronic trading platform, and products and services which you selected
or initiated, which may include the ZuluTradeUS trading platform and third party signal
providers ("Products and Services").
ZuluTradeUS Platform
The ZuluTradeUS trading platform is an auto-trading system owned by ZuluTrade
International Limited (“ZuluTrade”) and exclusively distributed and licensed for US customer
use in the United States by STAGE 5 TRADING CORP. The ZuluTradeUS platform receives trading signals
from third party signal providers (Traders). Once the signal is received, the ZuluTradeUS
trading platform validates the signal and confirms whether it is consistent with the user’s
account settings and preferences. If the signal is confirmed, the ZuluTradeUS trading
platform automatically sends the trading signal through STAGE 5 TRADING CORP introducing broker
relationship connection to the user’s Forex Dealer for execution.
STAGE 5 TRADING CORP charges user’s a platform fee of $1 per 10,000 lot for use of the platform, as
well as the monthly subscription fee for Trade Signals subscribed to by users as listed on
the website. These charges are deducted direct from customer accounts for use of the
platform and are in addition to any participation by STAGE 5 TRADING CORP in the spread between the
bid/ask prices or straight commission charged by STAGE 5 TRADING CORP to initiate a trade through
the bid/ask spread. All customer introductions to Forex Dealers, solicitation of new
accounts, and acceptance of orders to buy or sell retail off exchange foreign exchange
contacts is handled by STAGE 5 TRADING CORP, a registered Forex IB with the National Futures
Association (NFA ID 0444666). ZuluTrade provides technology services only and does not
perform any services which would require registration.
Risk of Loss
The risk of loss in trading Forex can be substantial. You should therefore carefully consider
whether such trading is suitable for you in light of your financial condition. When trading
on margin, you may sustain a total loss of the initial margin funds and any additional funds
that you deposit with your broker to establish or maintain a position in the Forex market.
Before deciding to trade and/or invest, you should carefully consider your objectives, level
of experience, and risk appetite. The possibility exists that you could sustain a loss of
some or all of your initial investment and therefore you should not trade or invest money
that you cannot afford to lose.
By viewing this website and trading on the ZuluTradeUS trading platform, you fully
understand and agree that Forex markets are subject to numerous implicit and explicit
risks, none of which STAGE 5 TRADING CORP can control or influence. You therefore acknowledge and
agree that all trading is solely at your own risk. You should be aware of all the risks
associated with trading and you should seek advice from an independent financial advisor
before trading.
There are a variety of reasons why a user could experience failures in order placements,
order cancellations, trade executions or trade reports. Trading on an electronic trading
system exposes you to risk associated with the system, including the failure of hardware
and software. The result of any system failure may be that your order is either not
executed according to your instructions or is not executed at all. Orders placed through
the ZuluTradeUS Platform are placed at the customer's sole risk. Although numerous
features have been designed into the ZuluTradeUS Platform to prevent system failure, as
with all electronic systems, service could be interrupted. In using our systems, you accept
that you solely are taking those risks, and that STAGE 5 TRADING CORP cannot be held responsible by
you if they occur. These risks are additionally outlined in the risk disclaimers you must
acknowledge when opening a trading account. You represent and agree that such trading
activity and any use by you of features that allow for the trading of futures, forex, CFDs,
and options shall be your sole responsibility.
You also agree to bear complete responsibility for your choice of signal provider(s) and
acknowledge that STAGE 5 TRADING CORP has not and will not make any specific recommendations to
you upon which you are entitled to rely. You also understand that the information
disseminated on this website represents impersonal, disinterested opinions and
commentary of STAGE 5 TRADING CORP and its employees and agents, but that the information does
not constitute investment advice or a recommendation to trade using any specific signal
provider
We recommend investors visit the Commodity Futures Trading Commission ("CFTC")
website at the following address before trading:
http://www.cftc.gov/cftc/cftcbeforetrade.htm
YOU SPECIFICALLY ACKNOWLEDGE THAT STAGE 5 TRADING CORP SHALL NOT BE LIABLE FOR ANY
LOSSES, UNREALIZED PROFITS, OR OTHER DISCREPANCIES BETWEEN THE PERFORMANCE
LISTED ON THE ZULUTRADEUS PLATFORM WEBSITE AND THE ACTUAL PERFORMANCE
REALIZED IN YOUR ACCOUNT.
Third Party Traders
You understand that there can be no guarantee that your use of the Traders or the
information disseminated on this website will result in profits. Further, you understand that
your use of the Traders or the information disseminated on this website may result in
substantial losses.
STAGE 5 TRADING CORP discourages Third Party Traders from making performance claims or any types
of misleading comments in their descriptions of their systems, but STAGE 5 TRADING CORP has not
undertaken to verify the completeness or accuracy of any of the information and statistics
provided by third parties and makes no guarantee, implied or otherwise, as to the
information provided to investors by third party signal providers, or through their
respective websites. As such, use of these third party signal providers is at the investor’s
own risk. You acknowledge and agree that STAGE 5 TRADING CORP is not responsible for any
shortcomings, trading system errors, charging or billing errors, misrepresentations, or any
wrongdoing on the part of said third party signal provider(s). STAGE 5 TRADING CORP recommends
investors review the signal provider’s policies regarding trading system errors, privacy,
billing, errors and omissions, and related issues before investing. As a term and condition
of your use of this website, you expressly hold STAGE 5 TRADING CORP harmless and waive any claim
you have or may have as a result of any of the information and statistics contained on this
website being incomplete or inaccurate.
The hypothetical performance results displayed on this website are hypothetical results in
that they represent trades made in a demonstration (“demo”) account. Transaction prices
were determined by assuming that buyers received the ask price and sellers the bid price
of quotes Zulutrade US receives from the Forex broker at which a Signal Provider maintains
a demo account. The hypothetical results do not include any additional mark-ups or
commissions which may be charged by a customer’s Forex broker and are based on a one
lot trade size. Trades placed in demo accounts are based on a Signal Provider having
access to an unlimited amount of funds. As a result, demo accounts are not subject to
margin calls and have the ability to withstand large, sustained drawdowns which a
customer account may not be able to afford. Trades placed in demo accounts are not
subject to price slippage which may occur when a signal is actually traded in a customer
account.
The number of pips gained or lost by each Signal Provider may be based on the trading of
mini, micro or standard lots. The performance of customers electing to trade a different lot
size from those used by a Signal Provider will therefore vary. Further, customers may place
trades independent of those provided by a Signal Provider or place customized orders to
exit positions which differ from those of a Signal Provider. All performance results
presented only include the results of completed trades and do not reflect the profit or loss
on open positions. Due to differences in the bid/ask offered by various counterparties, all
trades executed in the account of a Signal Provider may not be executed in a customer
account if the bid/ask of the Forex broker at which the customer maintains the customer’s
account is different from that of the Signal Provider’s broker or due to volatility in the
market.
Customers may elect not to follow all of the trading signals provided by the signal
providers or be able trade the recommended number of contracts due to insufficient funds
in an account. Therefore, the results portrayed are not indicative of an account which may
have traded all a Signal Provider’s signals or contracts. Further, by electing to follow a
number of different Signal Providers at one time, customers may not be able to follow all of
the signals generated due to the customer’s account having insufficient funds. Accordingly,
the performance of customer accounts may vary significantly from the results portrayed on
this website.
Please read carefully the CFTC required disclaimer regarding hypothetical results below.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF
WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT
WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT,
THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE
RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR
TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS
IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION,
HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL
TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF
ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A
PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS
WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS
OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF
ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE
PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY
AFFECT TRADING RESULTS.
Every effort has been made to ensure that the information on this website is accurate and
complete, but neither STAGE 5 TRADING CORP, nor our officers, principals, employees or agents shall
be liable to any person for any losses, damages, costs or expenses (including, but not
limited to, loss of profits, loss of use, direct, indirect, incidental or consequential damages)
resulting from any errors in, omissions of or alterations to the information. The foregoing
shall apply regardless of whether a claim arises in contract, tort, negligence, strict liability
otherwise.
Any specific investment or investment service contained or referred to in this website may
not be suitable for all investors. You should not rely on any of the information as a
substitute for the exercise of your own skill and judgment in making such a decision on
the appropriateness of such investments.
Regulatory Compliance - Representation and Disabling an Account
You represent that only proprietary capital is being used to fund your account, and that, if
not, you are: (i) registered with the Commodity Futures Trading Commission ("CFTC") as a
Commodity Pool Operator or a Commodity Trading Advisor (as applicable), and are a
member of the National Futures Association, or (ii) exempt from CFTC registration. If you
are not located in the United States and none of your investors are located in the United
States; you represent that you are properly registered or licensed in the jurisdiction where
you are located, or exempt from such registration or licensure. You agree to immediately
inform STAGE 5 TRADING CORP in the event that any of the foregoing representations are no longer
accurate.
By viewing this website and trading on the ZuluTradeUS trading platform, you fully
understand and agree to respect the proprietary rights of Traders and of ZuluTrade. , and
you represent that you do not desire to acquire from the Traders any trade secrets or
confidential information. You represent that you will be using Traders signals solely for
your own ZuluTradeUS platform account and that you will not be reproducing Traders
signals with any third party platforms or services outside of the ZuluTradeUS platform,
without the written permission of STAGE 5 TRADING CORP. Immediately upon notice from STAGE 5 TRADING CORP
that, in STAGE 5 TRADING CORP's opinion, any use of the trading platform does not comply with this
standard, you will cease such manner of use. Furthermore you agree that STAGE 5 TRADING CORP may
at its sole discretion disable your access to the ZuluTradeUS platform at any time, in the
case of system abuse or any infringement of any patent, copyright, trademark or other
proprietary right or infringement upon a trade secret of any person or entity, or other
reasons not described in this Agreement.
Online Trading Risks
There are risks associated with utilizing an Internet-based trading services including, but
not limited to, hardware, software or Internet connection. Since STAGE 5 TRADING CORP does not
control signal power, its reception or routing via Internet, configuration of your hardware
or software, or reliability of your Internet connection, you agree that you are solely
responsible for such failures, including communication failures, disruptions, distortions
and delays in trading.
Volatility or illiquidity in the Forex markets may prevent orders from being executed at
advantageous prices, or at all. STAGE 5 TRADING CORP shall not be liable to any person for any losses,
damages, costs or expenses (including, but not limited to, loss of profits, loss of use,
direct, indirect, incidental or consequential damages) occurring because trades cannot be
executed due to market conditions, or from any errors of your Forex dealer.
STAGE 5 TRADING CORP recommends that investors should be cautious when they use an iPhone,
Blackberry or other handheld mobile device for trading or receiving data from the
ZuluTradeUS platform. Handheld mobile devices depend on wireless connectivity, are
subject to the limitations of 3G, WiFi and GPRS networks restrictions, and may not provide
the investor with the same functions as accessing the ZuluTradeUS platform from a web
browser. STAGE 5 TRADING CORP shall not be liable to any person for any losses, damages, costs or
expenses (including, but not limited to, loss of profits, loss of use, direct, indirect,
incidental or consequential damages) resulting from the investor’s use of a handheld
mobile device.
External Links
Please be aware that some of the websites that you may link to through this website are
not supported by STAGE 5 TRADING CORP. Because the material made available on these websites is
not under the control of STAGE 5 TRADING CORP, we make no representation to you about these
websites nor the material you may find there. The fact that STAGE 5 TRADING CORP has linked to these
websites does not constitute an endorsement or recommendation of any kind. The links to
these websites are being provided only as a convenience to you.
Refund Policy
STAGE 5 TRADING CORP will issue a refund to an investor for losses caused by Platform Errors, if the
investor provides timely notice of the error to STAGE 5 TRADING CORP as described below. A Platform
Error occurs if a trading signal that should have been rejected according to the investor’s
account settings is accepted by ZuluTradeUS and submitted to the investor’s broker, or if a
trading signal that should have been accepted according to the investor’s account settings
is rejected by ZuluTradeUS and not submitted to the investor’s broker. STAGE 5 TRADING CORP shall
not be responsible for refunding lost profits resulting from Platform Errors under any
circumstances.
Errors of third party Trader or Forex dealers shall not be considered Platform Errors, and
STAGE 5 TRADING CORP shall not be responsible for refunding losses or lost profits resulting from such
errors under any circumstances.
In order to receive a refund of losses caused by Platform Errors, you must notify STAGE 5 TRADING CORP
in writing of your potential claim. You must deliver the written notice to STAGE 5 TRADING CORP as
soon as you knew, or should have known, of the Platform Error, but in any event, no later
than twenty-four hours after the Platform Error occurred. If STAGE 5 TRADING CORP does not receive
such notice from you within twenty-four hours after the Platform Error occurred, it will not
be liable for any losses resulting from the Platform Error.
If STAGE 5 TRADING CORP confirms that a Platform Error occurred with respect to your account, and
you provided the required notice to STAGE 5 TRADING CORP within twenty-four hours, you will receive a
refund of your losses caused by the Platform Error (not including lost profits). STAGE 5 TRADING CORP
processes all Refunds requests within 20 days following the acknowledgment of the receipt
of the Refund request.
You are required to review your account statements and monitor your account status at
least daily to ensure that the trades you ordered were placed, and that all trades that were
made on your account were authorized by you.
Except as expressly provided by this refund policy, neither STAGE 5 TRADING CORP, nor our officers,
principals, employees or agents shall be liable to any person for any losses, damages, costs
or expenses (including, but not limited to, loss of profits, loss of use, direct, indirect,
incidental or consequential damages) resulting from any errors in the ZuluTradeUS trading
platform.
Printable