1. SERVICE DESCRIPTION

1.1 What is FX Navigator

FX Navigator is an automated Expert Advisor (EA) that generates forex trading signals. The Service operates through a PAMM (Percentage Allocation Management Module) account structure with Vantage Markets, where users can copy trade signals from our master account.

1.2 Free Access Model

The FX Navigator signal copying service is provided completely FREE of charge. There are no subscription fees, setup fees, or hidden charges for accessing our trading signals.

1.3 Performance Fee Structure

1.4 Service Nature

By using FX Navigator, you acknowledge that:

• This is an automated signal copying service, not personalized financial advice
• All users receive identical trading signals simultaneously
• Signals are generated by the FX Navigator EA algorithm without human discretion
• You maintain full control to start or stop copying at any time

2. ELIGIBILITY AND ACCOUNT REQUIREMENTS

2.1 Age Requirement

You must be at least 18 years old or the legal age in your jurisdiction to trade forex, whichever is higher.

2.2 Vantage Markets Account

To use FX Navigator, you must:

• Open and maintain an account directly with Vantage Markets
• Complete Vantage Markets' KYC (Know Your Customer) verification
• Fund your account according to Vantage Markets' minimum requirements
• Connect your account to the FX Navigator PAMM system

2.3 Jurisdiction Restrictions

You confirm that:

• Forex trading is legal in your jurisdiction
• You are not a resident of a restricted country (including but not limited to USA, Canada, Israel, or any FATF blacklisted countries)
• You comply with all local laws and regulations regarding forex trading

3. NO ADVISORY RELATIONSHIP

By using our Service, you explicitly acknowledge and agree that:

• No fiduciary or advisory relationship exists between you and FX Navigator
• We do not consider your individual financial situation, goals, or risk tolerance
• Signals are provided for informational and educational purposes only
• You are solely responsible for your trading decisions
• We are not registered as financial advisors, investment advisors, or fund managers
• The Service is an automated system that broadcasts the same signals to all users

3.1 Independent Decision Making

You acknowledge that your decision to copy FX Navigator signals is made independently and at your own risk. We strongly recommend consulting with a qualified financial advisor before engaging in forex trading.

4. HOW THE SERVICE WORKS

4.1 Signal Generation

• The FX Navigator EA operates on our master account at Vantage Markets
• Trading signals are generated automatically by the EA's algorithm
• All signals are executed without human intervention or discretion

4.2 Signal Copying Process

• When you connect to our PAMM, your account automatically copies our trades
• Trade sizes are proportionally adjusted based on your account balance
• All users receive the same signals at the same time
• Execution may vary slightly due to market conditions and spreads

4.3 Your Control

You retain full control over your account:

• Start or stop copying at any time
• Adjust your risk settings (if available)
• Withdraw funds at any time (subject to Vantage Markets' policies)
• Close positions manually if desired

5. PERFORMANCE FEE DETAILS

5.1 Fee Structure

5.2 High Water Mark (HWM) Principle

The HWM ensures you only pay performance fees on new profits:

• Fees are only charged when your account reaches a new equity high
• If your account experiences a drawdown, no fees are charged until previous highs are recovered
• This protects you from paying fees on the same profits twice

5.3 Fee Calculation Example

6. COMPREHENSIVE RISK DISCLOSURE

6.1 Market Risks

• Leverage Risk: Leverage can magnify both profits and losses
• Volatility Risk: Rapid price movements can result in significant losses
• Gap Risk: Markets can gap over stop-loss orders, especially over weekends
• Liquidity Risk: Low liquidity can affect execution and spreads
• Counterparty Risk: Broker insolvency could affect your funds

6.2 System-Specific Risks

• EA Malfunction: Technical errors in the EA could cause unexpected trades
• Connectivity Issues: Internet or server problems may affect signal delivery
• Execution Delays: Slippage and delays can affect trade outcomes
• Strategy Risk: The EA strategy may become unprofitable in certain market conditions
• Past Performance: Historical results do not guarantee future performance

6.3 Your Acknowledgments

By using FX Navigator, you acknowledge that:

• You can afford to lose your entire investment
• You understand leverage and margin requirements
• You accept all risks associated with automated trading
• No profits are guaranteed
• You will not hold FX Navigator liable for any losses

7. VANTAGE MARKETS RELATIONSHIP

7.1 Broker Responsibilities

Vantage Markets, as the regulated broker, is responsible for:

• Holding and safeguarding client funds
• Executing all trades
• Providing the trading platform and PAMM infrastructure
• Conducting KYC/AML verification
• Calculating and collecting performance fees
• Providing account statements and tax documents

7.2 Our Role

FX Navigator's role is limited to:

• Operating the master trading account
• Providing trading signals through the EA
• Maintaining the signal copying infrastructure
• We do NOT handle client funds or execute trades directly

7.3 Introducing Broker Status

We operate as an Introducing Broker (IB) with Vantage Markets. This means:

• We introduce clients to Vantage Markets
• All regulatory compliance is handled by Vantage Markets
• Client agreements are between you and Vantage Markets

8. PROHIBITED USES

You agree NOT to:

• Reverse engineer, decompile, or attempt to discover the EA's algorithm
• Share your account access with third parties
• Use the Service for any illegal purposes
• Attempt to manipulate or interfere with the Service
• Resell or redistribute our signals
• Make false claims about the Service or your relationship with us
• Use the Service if you are under 18 or from a restricted jurisdiction
• Violate any of Vantage Markets' terms and conditions

9. INTELLECTUAL PROPERTY

All intellectual property rights in the FX Navigator EA, including but not limited to:

• Trading algorithms and strategies
• Software code and logic
• Brand names and logos
• Website content and materials

remain the exclusive property of FX Navigator. You receive no ownership rights in any intellectual property.

10. DISCLAIMERS AND LIMITATION OF LIABILITY

10.1 Service Provided "As Is"

The Service is provided "AS IS" and "AS AVAILABLE" without warranties of any kind, either express or implied, including but not limited to:

• Warranties of merchantability
• Fitness for a particular purpose
• Non-infringement
• Accuracy or reliability of signals
• Uninterrupted or error-free service

10.2 No Guarantee of Profits

10.3 Limitation of Liability

To the maximum extent permitted by law:

• FX Navigator shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages
• This includes but is not limited to trading losses, lost profits, or data loss
• Our total liability shall not exceed the performance fees you paid in the last 30 days
• These limitations apply even if we have been advised of the possibility of such damages

11. INDEMNIFICATION

You agree to indemnify, defend, and hold harmless FX Navigator, its owners, employees, agents, and affiliates from and against any claims, liabilities, damages, losses, costs, and expenses (including reasonable attorney fees) arising from:

• Your use of the Service
• Your violation of these Terms
• Your violation of any applicable laws or regulations
• Your trading activities and decisions
• Any dispute between you and Vantage Markets

12. TERMINATION

12.1 Your Right to Terminate

You may stop copying FX Navigator signals at any time by:

• Disconnecting from the PAMM through your Vantage Markets account
• No notice period required
• Performance fees are due on any profits at the time of disconnection

12.2 Our Right to Terminate

We reserve the right to terminate or suspend access to the Service:

• For violation of these Terms
• For suspected fraudulent or illegal activity
• If required by law or regulation
• For any reason with reasonable notice

12.3 Effect of Termination

Upon termination:

• Signal copying will cease immediately
• Any accrued performance fees remain payable
• Open positions may need to be managed manually
• Sections of these Terms that by nature should survive will remain in effect

13. MODIFICATIONS TO TERMS

We reserve the right to modify these Terms at any time. Changes will be effective upon posting to our website. Your continued use of the Service after changes constitutes acceptance of the modified Terms.

We will make reasonable efforts to notify users of material changes via:

• Email notification
• Website announcement
• Dashboard notification

14. GOVERNING LAW AND DISPUTE RESOLUTION

14.1 Governing Law

These Terms shall be governed by and construed in accordance with the laws of [Insert Jurisdiction], without regard to conflict of law principles.

14.2 Dispute Resolution

Any disputes arising from these Terms or the Service shall be resolved through:

• First, good faith negotiations between the parties
• If negotiation fails, binding arbitration in [Insert Jurisdiction]
• Each party bears its own costs unless otherwise determined by the arbitrator

14.3 Class Action Waiver

You waive any right to bring claims on a class action or representative basis.

15. GENERAL PROVISIONS

15.1 Entire Agreement

These Terms constitute the entire agreement between you and FX Navigator regarding the Service.

15.2 Severability

If any provision is found unenforceable, the remaining provisions shall continue in full force.

15.3 No Waiver

Our failure to enforce any provision shall not constitute a waiver of that provision.

15.4 Assignment

You may not assign these Terms without our written consent. We may assign our rights and obligations without restriction.

15.5 Force Majeure

We shall not be liable for delays or failures due to causes beyond our reasonable control.

16. CONTACT INFORMATION

For questions about these Terms or the Service, contact us at:

• Email: contact@fxnavigator.net
• Website: www.fxnavigator.net
• Response Time: Within 24-48 business hours