Cooperation Agreement
This Cooperation Agreement (“Agreement”) is entered into between Collective Global Currency Fund registered in the states of New York (“CGCFund”), and the user (“User”) who agrees to appoint CGCFund's proprietary Forex trading IB (Introducing Broker), referred to as the “IB”, as the User's trading manager and service provider on the CGCFund Trading System. This Agreement is effective as of the date of User's acceptance of the terms and conditions set forth herein.
1. Appointment of IB
User hereby appoints the IB as their authorized trading manager and service provider on the CGCFund Trading System, subject to the terms and conditions of this Agreement. The IB shall act on behalf of the User and provide trading services based on User's instructions and preferences within the parameters defined by CGCFund.
2. Authority and Limitations
2.1 The IB shall have the authority to manage and execute trades on behalf of the User, utilizing the trading features and functionalities available on the CGCFund Trading System.
2.2 The User acknowledges that all trading activities conducted by the IB on their behalf shall be in accordance with the User's specified preferences and instructions. CGCFund shall not be held liable for any losses or damages arising from the IB's execution of trades within the User's authorized parameters.
3. User Responsibilities
3.1 The User shall provide accurate and complete information to CGCFund during the registration process and ensure that all account details are up to date.
3.2 The User acknowledges that they are solely responsible for monitoring and reviewing their trading activities and performance on the CGCFund Trading System.
3.3 The User shall promptly notify CGCFund of any changes to their preferences or instructions related to the IB's trading activities.
4. Risk Disclosure
4.1 The User acknowledges that trading in Forex and other financial instruments involves substantial risk and may result in financial losses.
4.2 The User understands and accepts that past performance is not indicative of future results, and no guarantees or warranties are made regarding the profitability of the IB's trading activities.
4.3 The User agrees to assume full responsibility for any financial losses incurred as a result of their trading activities conducted through the IB.
5. Termination
5.1 Either party may terminate this Agreement at any time by providing written notice to the other party.
5.2 Upon termination, the IB's authority to act as the User's trading manager shall cease, and any open trades or positions shall be managed in accordance with the prevailing policies and procedures of CGCFund.
6. Confidentiality and Data Privacy
6.1 The parties agree to treat all confidential information received during the course of this Agreement as confidential and shall not disclose or use such information for any purpose other than the performance of their obligations under this Agreement.
6.2 CGCFund shall handle User's personal information in accordance with its Privacy Policy, which is accessible on the CGCFund Trading System.
7. Governing Law and Jurisdiction
This Agreement shall be governed by and construed in accordance with the laws of the state of New York, without regard to its conflict of laws principles. Any dispute arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts located in the state of New York.
8. Entire Agreement
This Agreement constitutes the entire agreement between CGCFund and the User and supersedes all prior discussions, negotiations, and agreements, whether oral or written, relating to the subject matter hereof.
By accepting this Agreement, the User acknowledges that they have read, understood, and agreed to be bound by its terms and conditions.