Alpari international limited

1. Introduction 1.1. This document, the "Terms & Conditions for Using the "Signals" Service" ("Terms"), governs the relationship between the Client and Alpari Limited (the "Company") regarding the use of the "Signals" service ("Service"). 1.2. Alpari Limited provides the Client with access to the services provided by MQL5 Ltd. These services grant the right for MQL5 Ltd. to conduct trades from the Client account. 1.3. The Client agrees to the Terms when creating a registered account at the MQL5.community payment service, supported by MQL5 Ltd. 2. "Signals" Service Description 2.1. The Service has been created to facilitate the automated opening, closing, setting up, adjustment and deletion of trading orders ("Instructions"), generated by providers of trading signals ("Signal Providers"). 2.2. Signal Providers are traders and developers of automatic trading systems, authorized by MQL5 Ltd. to post Instructions to registered subscribers of the Service. 2.3. The Service supports the following basic functions: a. The display of a public rating system for the Signal Providers, with the ability to sort through the providers based on different analytical indicators of profitability and risk, based on the actual historical data collected from the Signal Providers; b. The filtering of Signal Providers by various additional criteria using real trading accounts including, and without limit to, subscriber numbers, length of trading history and price; c. A public page for each Signal Provider with a wide selection of statistical information, trading history charts and strategy descriptions. d. The ability to subscribe to Instructions provided by Signal Providers with the limit of one subscription for each separate trading account. e. The ability to pay for the subscription through the electronic payment system of MQL5.community, and the registration of an account at MQL5.community used to activate and pay for subscriptions. 2.4. When the subscription to a Signal is activated, the Instructions are sent by MQL5 Ltd. to the Company's trading server in the name of the Client. 2.5. The choice of trading instruments and the type of order contained within the Instructions are determined by Signal Providers in accordance with their trading strategy. The lot size transmitted in the Instructions is calculated automatically, corresponding to size of the deal made by the Signal Provider, the leverage and balance of both the Signal Providers and the Client, and also the capital management settings of the Client. 2.6. The Client can activate their subscription in the following manner: a. Log in to MetaTrader 4 or MetaTrader 5 ("MetaTrader"); b. Log in to MQL5 Ltd., select a Signal Provider and follow the instructions "How to Subscribe to Signal Providers in MetaTrader 4". 2.7. A Client can unsubscribe from a subscription, by clicking "Unsubscribe" on the Signal Provider's page in MetaTrader. 2.8. Payment for the Signal begins as soon as it is activated by the Client. 3. Key Features of the "Signals" Service 3.1. The Client fully acknowledges the following key features of Signals: a. A trading account can only be subscribed to one signal at any one time, so that if the Client wishes to work with multiple Signals then they should use multiple accounts; b. To receive Instructions, you must be connected to, and authorized on MetaTrader; c. There should be no open orders on your trading account when you start to use a new Signal; d. When the Signal is activated for the first time, the account is synchronized and all the positions associated with the Signal are automatically op