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280# Binary ITM Total
TMA with Distance as filter.
1 min binary options strategy
Submit by Joy22
Binary ITM Total is a binary options strategy High / Low reversal trend, 1 min time frame, based on the total ITM indicator, an excellent tool for binary and narrow futures scalping. This strategy is designed to maximize the value of the total ITM indicator for very fast trading on the main Futures markets, but also for binary options trading. To make ITM Total indicator effective, I added, the classic double TMA filter but there is also VC indicator that is optional.
Time frame 1 min.
Expiry time Binary options high/low 3-10 candles.
I recommend 10 candles.
Indicators Metatrader 4
ITM Total (default setting).
TMA bands with distance (56 , 2.5, 100).
TMA bands with distance (56 , 3.8, 100).
VC 5 period OB +8; OS -8.
Trading rules Binary ITM Total
The green dot of the ITM Total appears minimum on a candle that close on the first lower band of TMA or below the first or second lower TMA band. Enter the next candle opening, the one with the green arrow. Price target 1-2 ticks before the center band. Stop loss below the previus swing low or n points below the second TMA band (depends on the index or currency pair).
The red dot of the ITM Total appears minimum on a candle that close on the first upper band of TMA or above the first or second upper TMA band. Enter the next candle opening, the one with the red arrow. Price target 1-2 ticks before the center band. Stop loss above the previus swing high or n points above the second TMA band (depends on the index or currency pair).
This strategy works on the markets in the range and medium trend, therefore suitable as Indices, EUR / USD, AUD / CAD, EUR / CHF, USD / JPY.
You can apply 3 step Martingala.
In the pictures Binary ITM Total in action.
Share your opinion.
Binary ITM Total update
update 20/11/2020 by Dimitri
In this update ITM Total wiht interpretation static of Support and resistance.
Strategy Type – trend reversal in the price
Number of indicators – 5
timeframe – M1 and M5
Expiry Time: for M1 – 3 minutes to M5 – 5 minutes
Currency pairs – any
Trading time – any
Risk Management – no more than 2-5% of the deposit per transaction
Alert – there is.
win rate – on average 68%
Alert indicator ITM TOTAL putting the white point under the descending orange candle color (yellow on it indicating arrow 1). Next came the next candle and below the white arrow (points at her yellow arrow 2), that is, the signal is confirmed, and we look at the filters. To filter this signal, in principle, sufficient that the indicator InOnosfera_SR started to draw the support line in the form of dots (the first of which indicates the yellow arrow 3), the price of the beginning of rebound of the uplink, as well as to the trend downward was not sharp. In addition, the secondary line of blue LED sliding-channels form a channel from the bottom whose support line just pushed our price. This optional indicator, but visually quite useful.
Conditions for rates up there, so acquiring an option to increase the price for a period expiration of 3 minutes, if you work on M1 timeframe or with a term of expiration 5 minutes if you are working on the M5 timeframe.
Alert indicator ITM TOTAL placing the white point of the uplink candle green (yellow on it indicating arrow 1).
Next came the next candle and above the white arrow (points at her yellowarrow 2), that is, the signal is confirmed, and we look at the filters.
To filter this signal, in principle, sufficient that the indicator IOnosfera_SR resistance started to draw a line in the form of
dots (the first of which indicates the yellow arrow 3),
the price began to rebound from the line down, as well as to the direction of the trend has not been up sharply. In addition,
the secondary line of blue LED sliding-channels formed channel from the top of which the resistance line just pushed our price. This optional indicator,
but visually quite useful. Also, pay attention to the crimson line resistance indicator fxr_sr_zones_3.25 in this zone. From one of them is just pushed down our cost, that is good confirmation of our signal.
Conditions for rates down there, so the option to acquire a price reduction with the term expiration 3 minutes, if you work on M1 timeframe or with a term of expiration 5 minutes if you are working on the M5 timeframe.
We got a signal (1), but the indicator IOnosfera_SR not rendered at a given interval his blue point (2), and the trend is sharply goes down – this is indicated by the channel indicator sliding-channels ( 3).
More can be that indicator ITM TOTAL Only pre-rendered signal in the form of white point, but did not confirm its white arrow. This signal is passed.
5 failures and 5 successes. 3 years on the way to a dream. The story of a real trader.
Hello. My name is Julia. I am from Saint-Petersburg. My trading experience is 3 years. I do the positional and intraday trading on the Moscow Exchange.
In this autobiographical article I will tell you how I became a trader. I will split my story into:
- failures – a description of mistakes. Each failure contains a saving prescription of how not to fall into my traps;
- successes – a story of achievements. What I recommend.
But first, a bit of background before we start speaking about failures and successes.
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Why I decided to reverse my life
Three years ago I decided to resign from a well-paid office job to start doing what was interesting for me – investment and trading.
I chose exchange trading , because:
- I had economic education;
- I was fed up with my job;
- I had free money and I was ready to take a risk;
- I wanted to run away from the office routine;
- I wanted to make millions.
How I planned to change my profession.
I calculated my monthly expenditures/income and built a plan of changing a profession. The plan envisaged that I could trade without income for some time.
From the very beginning I got qualification certificates of the Federal Financial Markets Service 1.0, 5.0 and 7.0, so that brokers would recognize me as a qualified investor.
Theoretically, qualified investors could buy any financial instruments of the Moscow and American Exchanges through Russian brokers. Practically, they are just beautiful pieces of paper hanging on the wall.
Preparation for exams and getting qualification certificates took about half a year. At the same time, I studied portfolio investment, bonds and stock at https://www.coursera.org/ and financial consulting in the Ministry of Finance of the RF.
I should admit that it was a doubtful decision. If I had a time machine, I would have missed this long stage of training and certification and started to trade on a real account much faster.
Having received all certificates I started to count the days until I make millions and set off for an ocean cruise around the world. However, the reality of first trades on the exchange turned out to be less radiant.
And now we come to my failures.
Failure No. 1. Mistakes when executing a brokerage contract.
I took my time to select a broker. I compared conditions, studied trading platforms, commissions and cash withdrawal methods. But when I arrived to execute a contract, I made a lot of mistakes.
There is a popular term – a noob. A noob is a newcomer, incompetent person and inexperienced user. Well, when I opened a broker’s account I behaved like a dumb noob and happily agreed to everything the broker offered.
- “NYSE? Sure!” I didn’t know that I would have to pay for the access to NYSE more than RUB 300 a month and that commissions are accrued in USD.
- “LSE? Sure!” I had no idea at that time what LSE was. Additional payment for the access is another RUB 300 a month.
- “FORTS? Of course!” I also didn’t know what forward contracts were . Additional monthly commission was RUB 100.
- “Currency market? Of course!” I didn’t know that the minimum lot was USD 1,000. And there was an additional commission for trading less than 50 lots.
I think you’ve already got the main idea – I was connected to everything and mandatory payments were written off immediately. After I got acquainted with details and realized that what I need is FORTS (Futures and Options on Russian Trading System) and nothing else, I found out that I made a present to my broker in the amount of RUB 1,300. And, by the way, the tariffs of my first broker, from the point of view of trading on FORTS, were not the best possible ones, which I started to realize only a year later.
How to avoid failure No. 1:
- Read contract and tariff conditions, despite the fact that there is a lot of text there and it’s boring;
- Execute a contract online – this would help you to avoid additional offers and possible psychological pressure;
- Compare conditions and tariffs of different brokers;
- Make your decision what and where you trade beforehand. Learn everything about tariffs in this market. Stay focused and select only one market to start with. One cannot embrace the boundless.
Failure No. 2. Absence of important knowledge and trading system. Experiments on a real trading account.
It’s funny – I studied the theory for half a year but had no idea about the basics of price movement. I didn’t know:
… and so on. I only had a very ordinary Quik as a trading platform.
I still remember my first trade – I bought Aeroflot stock in the middle of a falling trend. I behaved like a joke – I buy it because it falls.
I marked the week when I bought the stock with number 1. Unfortunately, it wasn’t the last time when I did it.
For about half a year I tried to buy and sell everything I saw and considered acceptable – commodity futures on gold, oil and platinum, futures on indices and stocks and currency futures. It resulted in the loss of 20% of my account.
Of course, there were accidental achievements, when I managed to catch up with a developing trend and make some money. For example, I opened a long position in a Lokoil stock futures on the eve of New Year during two years. Both times I made a relatively big profit: about RUB 15 thousand in 2020 and a bit less in 2020 (closed too early).
Do you think I conducted a thorough technical or fundamental analysis before buying? No. I bought these futures hoping for a New Year rally. The trading system during the first year on the exchange had the proud name – ‘maybe’.
Trading without a system is a cause of many mistakes:
- trading from sheer boredom. “I cannot just sit and watch the screen. I need to do something during a trading day”.
- trading in big lots.I wanted to make a lot of money immediately. I watched a broker’s webinar where a trader made RUB 17 thousand during a day and I badly wanted to reach that number.
- trading in several markets and instruments simultaneously. For example, I bought a Moscow Exchange index futures, RTS index futures and Sberbank stock futures. If I would have done it along a trend, perhaps, I could have reached the desired 17 thousand. But I managed to do it against the main trend, increasing my losses, because the correlation between the Moscow Exchange index and Sberbank stock achieves 80% and higher. (By the way, I traded by correlation too).
- trading by an unclear plan. On the one hand, you have a trading plan, on the other hand, it has unclear statements, which allow several variants of trading by this trading plan.
- absolute misunderstanding of what takes place in momentum. I saw in the Quik platform that prices go up and down and constantly tried to understand why this happens.
Now I think that it is not important why the price moves. It is important how it moves. Let’s assume that the price does not grow and the positive delta grows on the day’s local high. Perhaps, the market buy orders are engulfed by limit sell orders. The key word is ‘engulfed’, that is, the limit sell orders do not let market buy orders move further. Quite often this engulfing forecasts a downward reversal.
How could I see engulfing and reversal in Quik at that moment? I still don’t know. That is why I started to look for the required software with rich functionality for analysis of buyers and sellers actions. And the ATAS footprint shows it immediately.
I will give an example in the range chart (10) of a WTI oil futures. I like charts that are not connected with time, since they show the market situation from a different angle and the existing trading platforms do not have them.
I marked engulfing with a rectangle and the horizontal red line shows the level, above which the buyers failed to break through.
- Number 1 marks the bar with the biggest volume for the previous upward movement.
- Number 2 marks neighbouring bars, in which the buyers obviously tried to push the price up. After that, the delta becomes stably negative, buyers move into the shadow and sellers become more active. Big volumes and small delta show a fight between buyers and sellers. And a big number of red footprint cells shows that sellers win.
- Numbers 3 and 4 mark bars in the breakout area, where there is an obvious overweight of sellers.
This is how I see engulfing and reversal in a footprint. This footprint type is called the Bid Ask Ladder . I traded by candle charts in Quik.
Trading 212 Invite a Friend – Terms and Conditions
Referrer – an existing Trading 212 Invest/ISA client, who shares a promotional link;
Referral – a new Trading 212 Invest/ISA client, invited by an existing client via a promotional link;
Referral Share – the free share received by the Referrer and the Referral in the Promotion;
Trading 212 – Trading 212 UK Limited, an FCA authorised investment firm with a reference number 609146.
Promotion – the current Invite a Friend promotion, promoting the dealing service of Trading 212 by giving away free shares.
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To qualify for this Promotion all of the following conditions must be met:
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The United Kingdom, France, Germany, Switzerland, Austria or The Netherlands.
2.1. Each qualified Referrer is given a unique invite link, which could be shared by any medium (SMS, Email, etc.). All Invest/ISA clients coming from that link are attributed to the link’s owner. Once given, the invite link never changes.
2.2. Both You and Your first 20 Referrals will receive a free share after the conditions in Section 1 above have been met. After Your first 20 qualified Referrals, You will continue to be entitled to send the invite link, however, only your Referrals shall be entitled to receive a Referral Share.
2.3. Within 1 business day from meeting the conditions in Section 1 above, You will be entitled to acquire the Referral Share. The time for the allocation may only be extended subject to technical issues, or when the time period falls within the weekend – e.g. if the account is opened on Friday at 10 am You will receive the Referral Share on Monday, the next week after 10 am when and if the markets are open.
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3.1. Referral Shares will be randomly selected shares traded on established markets. The Referral Share shall have a price limitation of up to 100 GBP, 100 USD, 100 CHF and 100 EUR depending on Your account currency and location. The Referral Share is randomly selected and may not be negotiated or exchanged for another. No personal circumstances will be taken under consideration, and no shares will be acquired with an individual user in mind. We make no recommendation, nor we will facilitate in any way further acquisition of the same share as the Referral Share. If You receive more than one Referral Share, there is no guarantee that they will be of the same type. In case We have any difficulties (whether technical or not) providing you the Referral Share we reserve the right, upon our sole discretion, to provide you with the monetary equivalent of the Referral Share.
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3.5. If Trading 212 detects any form of fraud, abuse or misuse of this Promotion of any kind, You will be excluded from the Promotion immediately.
3.6. Trading 212 reserves the right to withhold any prizes for which a participating user is selected if Trading 212 is of the opinion that the spirit of the Promotion is being abused. Trading 212 will resolve any disputes, whether or not covered by these conditions, in a fair and appropriate manner and the decision of Trading 212 regarding any dispute will be final.
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3.8. Notwithstanding anything of the aforementioned and to the fullest extent permitted by applicable law, in no event shall Trading 212 be liable for any unavailability and/or inoperability of the site(s), the referral link, the Referrer/Referral Account and/or any technical malfunction, computer error, corruption or loss of information, or other injury, damage or disruption of any kind relating to the Promotion. The Promotion shall remain at all times under the sole control and discretion of Trading 212 who shall be the only party entitled to apply its terms and conditions and resolve any disputes that may arise as a result of its operation.
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3.10. Trading 212 cannot be held responsible for any changes the Referrer might have made to the referral URL link and any issues that might have occurred afterwards.
3.11. All market sell orders for Referral Shares will be accepted and executed as an aggregated market order at the close of the relevant market by default. We are taking this approach in order to avoid multiple market sell orders for 1 share each as this can be considered as market abuse by the stock exchanges. Limit orders will not be aggregated and will be executed at the price specified by You.
3.12. The referral must meet all requirements while the promotion is still active in their country in order for a free share to be allocated. Complying with the T&C after the promotion has ended will not be considered as valid participation, e.g. a share will not be issued when your account was created through a referral link but was verified after the promotion has ended.
4. Events of Default
4.1. Any breach of and or non-compliance with any or all of the qualifying requirements under Section 1 or any or all of the Conditions listed in Section 3 above shall constitute an event of default (“Event of Default”).
4.2. In the occurrence of an Event of Default, Trading 212 shall cancel and invalidate all agreements and legal relations between You and Trading 212 ensuing from the Promotion and shall consider them to be null and void. The latter shall result in Trading 212 closing your account(s) and clawing back the Referral Share/s or its/their monetary value.
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5.8. From 05.03.2020, the list of the qualifying countries is limited to the United Kingdom, France, Germany, Switzerland, Austria and The Netherlands.
Your use of our services shall be subject to the following mandatory requirements – You shall not:
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Terms & Conditions
Trade by Trade – Terms and conditions
— Important UPDATE 03/10/2020 —-
We always wanted to provide the best service possible and today we are making a huge step and decided to provide to our users a place to trade their assets with NO FEES! TradeByTrade will be the 1st trading fee-free platform in the world.
Trading and withdrawal fees are what was paying our bills but we realized that fees are a huge problem and avoid many of you to trade or bring more of your assets to the platform because of the spread created by them and making it difficult for traders to make a real profit.
We decided to remove them entirely (except the network fees for withdrawals that we have to pay to the network) and to provide a trading fee-free platform.
The counterpart for this is that we will charge a monthly fee to every user that wants to use Tradebytrade. This monthly fee of 0.01 BTC will be taken on your Bitcoin balance at the time of invoicing (only BTC is accepted for the monthly fee payment). In case a user won’t have the necessary amount to pay our monthly fee on his Bitcoin wallet, his account will be canceled and all his funds would be frozen.
This new measure will be effective the 1st of November 2020 and we kindly ask you to ensure you have the necessary amount on your bitcoin balance at this date and every following first of the month. If you don’t want to continue with us and get access to the 1st ever trading fee-free platform, we kindly ask you to withdraw all of your assets before this date.
We hope through this to make many new users join our platform and to make our actual users much more profitable in their trading.
Good trades to you!
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Trading Tokens can be extremely risky. Each particular Token has a unique feature set that makes it more or less likely to fluctuate in value. In addition, factors beyond Trade By Trade’s control may affect market liquidity for a particular Token, such as regulatory activity, market manipulation, or unexplainable price volatility. Blockchain networks may go offline as a result of bugs, hard forks, or a number of other unforeseeable reasons. Trade By Trade does not assume the risk of losses due to trading or due to factors beyond its control regarding the viability of specific blockchain networks. As a general matter, we advise Users with limited trading experience and low risk tolerance not to engage in active trading. Speculating on the value of Tokens is high risk and Users should never trade more than they can afford to lose.
Understanding Tokens requires advanced technical knowledge. Tokens are often described in exceedingly technical language that requires a comprehensive understanding of applied cryptography and computer science in order to appreciate inherent risks. Listing of a Token on Trade By Trade does not indicate approval or disapproval of the underlying technology regarding any Token, and should not be used as a substitute for your own understanding of the risks specific to each Token. We give you no warranty as to the suitability of the Tokens traded under these Terms and assume no fiduciary duty in our relations with you.
You accept the risk of trading Tokens. In entering into any transaction on the Platform, you represent that you have been, are, and will be solely responsible for making your own independent appraisal and investigations into the risks of the transaction and the underlying Tokens. You represent that you have sufficient knowledge, market sophistication, professional advice and experience to make your own evaluation of the merits and risks of any transaction or any underlying Token.
You are responsible for complying with applicable law. You agree that Trade By Trade is not responsible for determining whether or which laws may apply to your transactions, including tax law. You are solely responsible for reporting and paying any taxes arising from your use of the Services.
You are aware of and accept the risk of operational challenges. Trade By Trade may experience sophisticated cyber attacks, unexpected surges in activity, or other operational or technical difficulties that may cause interruptions in the Service. You understand that the Service may experience operational issues that lead to delays on our platform. You agree to accept the risk of transaction failure resulting from unanticipated or heightened technical difficulties, including those resulting from sophisticated attacks. You agree not to hold Trade By Trade accountable for any related losses.
Trade By Trade does not advise on trading risk. If at any point Trade By Trade or its representatives do provide trading recommendations, market commentary, or any other information, the act of doing so is incidental to your relationship with us and imposes no obligation of truth or due diligence on behalf of Trade By Trade or its representatives.
Trade By Trade is a regulated entity and must comply with applicable law. Applicable law, regulation, and executive orders may require Trade By Trade to, upon request by government agencies, freeze withdrawals or trading (or both), or provide information regarding your account. Further, our recordkeeping and customer verification procedures are subject to change at any time as required by law or industry practices. We must comply with the law and you accept any inconveniences to you or other consequences resulting from our compliance.
Users accept all consequences of sending Tokens to an address off our platform. Token transactions may not be reversible. Once you send Tokens to an address, you accept the risk that you may lose access to your Tokens indefinitely. For example, an address may have been entered incorrectly and the true owner of the address may never be discovered, or an address may belong to an entity that will not return your Tokens, or an address belongs to an entity that may return your Tokens but first requires action on your part, such as verification of your identity.
6. MARGIN TRADING
Margin trading on Trade By Trade is HIGH RISK. As a borrower, you may sustain a total loss of Tokens, or owe Tokens beyond what you have deposited to your Account. The high volatility and substantial risk of illiquidity in markets means that you may not always be able to liquidate your position.
You agree to maintain a sufficient amount of Tokens at all times to meet Trade By Trade’s minimum balance requirements, as such requirements may be modified from time to time. If the value of the assets in your Account falls below the minimum balance requirement or Trade By Trade determines, at its sole discretion, that your Account appears to be in danger of defaulting on a loan, Trade By Trade may seize and liquidate any or all of your positions and assets on any balance in your Account in order to settle your debt to other Users. If, after your positions and assets are liquidated, your Account still contains insufficient Tokens to settle your debts to other Users, you will be responsible for any additional Tokens owed. Intentionally defaulting on a loan may result in Trade By Trade reporting your activities to authorities and/or in legal prosecution.
Although Trade By Trade takes several precautions to prevent a User from defaulting on a loan, the high volatility and substantial risk of illiquidity in markets means that Trade By Trade cannot make any guarantees to any Users using the Services against default. When you lend Tokens to other Users, you risk the loss of an unpaid principal if the borrower defaults on a loan and liquidation of the borrower’s Account fails to raise sufficient Tokens to cover the borrower’s debt.
Under certain market conditions, you may find it difficult or impossible to liquidate a position. This can occur, for example, if there is insufficient liquidity in the market or due to technical issues on our platform. Placing contingent orders, such as “stop-loss” or “stop-limit” orders, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders. The use of leverage can work against you as well as for you and can lead to large losses as well as gains.
All Users understand that the technology underlying Tokens is subject to change at any time, and such changes may affect your assets stored on our platform. You claim full responsibility for monitoring such technological changes and understanding their consequences for your Tokens. Users conduct all trading, margin trading, lending, and/or borrowing on their own account and Trade By Trade does not take any responsibility for any loss or damage incurred as a result of your use of any Services or your failure to understand the risks involved in Token use generally or your use of our Services.
7. LIMITED LICENSE; FEES
Trade By Trade grants you a limited, nonexclusive, nontransferable license, subject to these Terms, to access and use the Services, and the content, materials, information, and functionality available in connection therewith (collectively, the “Content”) solely for information, transactional, or other approved purposes as expressly permitted by Trade By Trade from time to time. Any other use of the Services or Content is expressly prohibited. All other rights in the Platform or Content are reserved by us and our licensors. You will not otherwise copy, transmit, distribute, sell, resell, license, de-compile, reverse engineer, disassemble, modify, publish, participate in the transfer or sale of, create derivative works from, perform, display, incorporate into another website, or in any other way exploit any of the Content or any other part of the Services or any derivative works thereof, in whole or in part for commercial or non-commercial purposes. Without limiting the foregoing, you will not frame or display the Site or Content (or any portion thereof) as part of any other web site or any other work of authorship without the prior written permission of Trade By Trade. If you violate any portion of these Terms, your permission to access and use the Platform may be terminated immediately pursuant to these Terms. In addition, we reserve the right to avail ourselves of all remedies available at law and in equity for any such violation. “tradebytrade.com”, “Trade By Trade”, and all logos related to the Services or displayed on the Site are either trademarks or registered marks of Trade By Trade or its licensor. You may not copy, imitate or use them without Trade By Trade’s prior written consent.
In consideration for the use of the Services, you agree to pay to Trade By Trade the fees for completed trades, as set forth in our fee schedule, which Trade By Trade may revise or update in its sole discretion from time to time. You authorize Trade By Trade to deduct any applicable fees from your Account at the time you make a given transaction. Changes to the fee schedule are effective as of the date set forth in any revision and will apply prospectively from that date forward.
Trade By Trade does not, as a general rule, participate in promotions without an official pronouncement, either on our Site or elsewhere. You promise to obtain prior written approval prior to releasing any statements, written media releases, public announcements and public disclosures, including promotional or marketing materials, relating to Trade By Trade.
8. COPYRIGHT INFRINGEMENT
If you believe anything on the Site infringes upon any copyright which you own or control, you may file a notification of such infringement with our Designated Agent as set forth below.
Trade By Trade, address
Please see note any infringement should be done under the laws of Vanuatu. Also, should you you knowingly misrepresent in your notification that the material or activity is infringing, you will be liable for any damages, including costs and attorneys’ fees, incurred by us or the alleged infringer as the result of our relying upon such misrepresentation in removing or disabling access to the material or activity claimed to be infringing.
9. ATTACKS ON BLOCKCHAIN NETWORKS
Trade By Trade does not have any ability to prevent or mitigate attacks on blockchain networks. With respect to its platform, Trade By Trade reserves the right to take the following commercially reasonable actions in the event of an attack: (i) If Trade By Trade is able to confirm that a Token active on the Platform has been compromised or is under attack, Trade By Trade may immediately halt trading, cryptocurrency deposits, and withdrawals for such Token; (ii) if it is determined that such an attack caused the Token to greatly decrease in value, Trade By Trade may discontinue trade activity on such Token entirely. Trade By Trade does not have any obligation to engage in activity in relation to attacks on blockchain networks.
Resolutions concerning cryptocurrency deposits, withdrawals, and User balances for an attacked Token will be determined on a case-by-case basis by Trade By Trade in its sole discretion. Trade By Trade makes no representation and does not warrant the safety of the Platform and is not liable for any lost value or stolen property, whether or not Trade By Trade was negligent in providing the proper security.
10. Anti-Money Laundering (AML) & Know Your Customer (KYC) Policy
Trade By Trade protects itself from involvement in any activity that facilitates money laundering or other criminal activities. Trade By Trade aims to reasonably identify each User by cross-checking User data against governmental watch lists such as the Specially Designated Nationals and Blocked Persons List (“SDN”) maintained by the Office of Foreign Assets Control
(“OFAC”) within the U.S. Department of Treasury, as well as through the utilization of 3rd party identity verification and authentication services. If a User or a User’s transaction is flagged as suspicious through our internal controls, Trade By Trade will require additional proof of identification from the User and has the right to not permit any trades, cryptocurrency deposits, and/or withdrawals until additional and verifiable proof of identity satisfactory to Trade By Trade in its sole discretion is received and Trade By Trade has approved the User for use of the Platform.
By agreeing to our Terms, you acknowledge and understand that Trade By Trade maintains verification levels which require User participation and verification in order to obtain, with levelled permissions based on User-supplied information, our ability to verify it, and our internal policies. You accept that you may not be able to achieve a desired level of verification, and Trade By Trade reserves the right to determine, at its sole discretion, the appropriate verification level and criteria for any User, as well as the right to downgrade Users without prior notice. Trade By Trade may, from time to time, implement policies restricting verification levels and criteria by nationality, country of residence, or any other factor. This may affect your ability to withdraw Tokens and you agree to indemnify, defend and hold harmless Trade By Trade against any losses associated with an inability to cryptocurrency deposit and/or withdraw Tokens based on the verification level assigned by Trade By Trade to your Account.
11. THIRD PARTY CONTENT
Trade By Trade and its Users may provide third party content on the Site and may provide links to web pages and content that are not owned or controlled by Trade By Trade (collectively the “Third Party Content”) as a service to those interested in this information. Trade By Trade does not control, endorse, or adopt any Third Party Content and makes no representation or warranties of any kind regarding the Third Party Content, including but not limited to its accuracy or completeness. You acknowledge and agree that Trade By Trade is not responsible or liable in any manner for any Third Party Content and undertakes no responsibility to update or review any Third Party Content. You acknowledge that your use of such Third Party Content is at your own risk. Your business dealings or correspondence with, or participation in promotions of, any third parties, and any terms, conditions, warranties, or representations associated with such dealings or promotions, are solely between you and such third parties. Trade By Trade is not responsible or liable for any loss or damage of any sort incurred as the result of any such dealings or promotions or as the result of the presence of such Third Party Content on the Site.
12. COPYRIGHT OF FEEDBACK MATERIALS
You acknowledge and agree that any materials, including but not limited to questions, comments, feedback, suggestions, ideas, plans, notes, drawings, original or creative materials or other information or commentary you provide on our platform or one of our social media accounts, regarding Trade By Trade or the Services (collectively, “Feedback”) that are provided by you, whether by email, posting to the Site or otherwise, are non-confidential and will become the sole property of Trade By Trade. Trade By Trade will own exclusive rights, including all intellectual property rights, and will be entitled to the unrestricted use and dissemination of such Feedback for any purpose, commercial or otherwise, without acknowledgment or compensation to you.
13. USER CONDUCT AND OBLIGATIONS
In connection with your use of the Services and in addition to the list of prohibited activities in Section 1 above, you will not:
- Violate or assist any party in violating any law, statute, ordinance, regulation or any rule of any self-regulatory or similar organization of which you are or are required to be a member through your use of the Services;
- Provide false, inaccurate, incomplete or misleading information;
- Infringe upon Trade By Trade’s or any third party’s copyright, patent, trademark, or intellectual property rights;
- Distribute unsolicited or unauthorized advertising or promotional material, any junk mail, spam, or chain letters;
- Use a web crawler or similar technique to access our Services or to extract data,
- Reverse engineer or disassemble any aspect of the Site or Services in an effort to access any source code, underlying ideas and concepts, and algorithms;
- Take any action that imposes an unreasonable or disproportionately large load on our infrastructure, or detrimentally interfere with, intercept, or expropriate any system, data, or information;
- Transmit or upload any material to the Site that contains viruses, Trojan horses, worms, or any other harmful or deleterious programs;
- Otherwise attempt to gain unauthorized access to the Site, other Trade By Trade Accounts, computer systems or networks connected to the Site, through password mining or any other means; or
- Transfer any rights granted to you under these Terms.
Trade by trade is not a wallet service but a trading platform. Users that don’t actively trade can see their account suspended. A daily fee of 1% of users holding will be applied after an inactivity (no executed trade) of 90 days.
14. NO TRANSFERABILITY
While the Account and the Services provided to a User are not transferable under any circumstance and shall be used only by the User, Trade By Trade shall have the right to transfer, assign, or sell all the rights, benefits, or obligations to any person and these Terms shall continue to be in force and effect for the benefit of the successors and assigns of Trade By Trade or its lenders, if any.
15. ELECTRONIC TRADING TERMS
Trade By Trade does not own or control any of the underlying software through which blockchain networks are formed and Tokens are created and transacted. In general, the underlying software for blockchain networks tends to be open source such that anyone can use, copy, modify, and distribute it. By using the Services, you acknowledge and agree (i) that Trade By Trade is not responsible for operation of the underlying software and networks that support Tokens and that Trade By Trade makes no guarantee of functionality, security, or availability of such software and networks; and (ii) that the underlying protocols are subject to sudden changes in operating rules (a/k/a “Forks”), and that such Forks may materially affect the value, function, and/or even the name of the Tokens you store in your Account. In the event of a Fork, you agree that Trade By Trade may temporarily suspend the Services (with or without advance notice to you) and that Trade By Trade may, in its sole discretion, (a) configure or reconfigure its systems or (b) decide not to support (or cease supporting) the Forked network entirely, provided, however, that you will have an opportunity to withdraw Tokens on at least one of still existant underlying networks. You acknowledge and agree that Trade By Trade assumes absolutely no responsibility whatsoever in respect of any underlying software protocols, whether Forked or not.
Trade By Trade may delist a Token at any time in its sole discretion based on a number of factors, one of which may include changes in a given Token’s characteristics after Trade By Trade has listed the Token.
A transaction on the Platform may fail for several reasons, including but not limited to change in seller prices, insufficient margin, or unanticipated technical difficulties. We make no representation or warrant that any transaction will be executed properly. Trade By Trade is under no circumstances liable for any loss or injury suffered by a failure of a transaction to complete properly or in a timely manner. Further, Trade By Trade is in no way responsible for notifying you of a transaction failure. The User has full responsibility to determine and inquire into the failure of any transaction the User initiates.
In the event that you receive any data, information, or software through our Services other than that which you are entitled to receive pursuant to these Terms, you will immediately notify us and will not use, in any way whatsoever, such data, information, or software. If you request a withdrawal of Tokens and we cannot comply with it without closing some part of your open positions, we will not comply with the request until you have closed sufficient positions to allow you to make the withdrawal.
Trade By Trade may refuse to execute a trade, impose trade amount limits or restrictions at any time in its sole discretion without notice. Trade By Trade may impose buying or selling prices limitations of any coin in case of suspicion of any potential market manipulation. Specifically, Trade By Trade reserves the right to refuse to process, or the right to cancel or reverse, any transaction or disable a User’s cryptocurrency deposit address on the Platform where Trade By Trade suspects the transaction involves money laundering, terrorist financing, fraud, or any other type of crime or if Trade By Trade suspects the transaction relates to a prohibited use as stated in our Terms, including transactions involving the opening of an Account and subsequent closure without any actual trading occurring. Trade By Trade provides deposit Accounts to enable trading using the Services and does not allow Users to use such Accounts as a web wallet or address changing service. We reserve the right to halt cryptocurrency deposit activity at our sole discretion. While Trade By Trade may in its discretion reverse a trade, a User may not change, withdraw, or cancel its authorization to make a transaction, except with respect to partially filled orders.
Trade By Trade may correct, reverse, or cancel any trade impacted by an error in processing your purchase or otherwise. Your remedy in the event of an error will be limited. You may seek to cancel your order or obtain a refund of any amounts charged to you, although we cannot guarantee such cancellations or refunds will always be possible.
Trade By Trade provides its Users with a platform that allows their orders to be matched with the orders of other Users. Orders may be partially filled or may be filled by a number of orders, depending on the trading activity at the time an order is placed.
The Tokens that are available for purchase through the Services may be subject to high or low transaction volume, liquidity, and volatility at any time for potentially extended periods. You acknowledge that while we are using commercially reasonable methods to provide exchange rate information to you through our Services, the exchange rate information we provide may differ from prevailing exchange rates made available by third parties. Similarly, the actual market rate at the time of your trade may be different from the indicated prevailing rate depending on the velocity of trading in the Tokens involved in your trade. You agree that Trade By Trade is not liable for price fluctuations or differences in actual versus indicated rates.
16. PERMANENT WITHDRAWAL OF SERVICE
Trade By Trade may (a) suspend or terminate your access to the Services, and (b) deactivate or cancel your Account as required by a valid subpoena or court order, or if Trade By Trade suspects you or others of using your Account in furtherance of illegal activity. You will be permitted to transfer Tokens associated with your Account for ninety (90) days after Account deactivation or cancellation unless such transfer is otherwise prohibited (i) under the law, or (ii) by a valid subpoena or court order. If any transaction is in a pending state at the time your Account is cancelled or suspended, such transaction may be cancelled and/or refunded as appropriate. You may not cancel your Account if Trade By Trade believes in its sole discretion that such cancellation is being performed in an effort to evade an investigation or avoid paying any amounts otherwise due to Trade By Trade. Upon cancellation of your Account, you authorize Trade By Trade to cancel or suspend pending transactions and, after providing electronic notice to you, return the Tokens associated with such transactions to the wallet address you provide to Trade By Trade. In the event that you or Trade By Trade terminates this agreement or your access to the Services, or deactivates or cancels your Account, you will remain liable for all amounts due hereunder. In the event that a technical problem causes system outage or Account errors, Trade By Trade may temporarily suspend access to your Account until the problem is resolved.
17. OWNERSHIP OF TOKENS
You hereby certify to us that any Tokens used by you in connection with the Platform are either owned by you or that you are validly authorized to carry out transactions using such Tokens, and that all transactions initiated with your Account are for your own Account and not on behalf of any other person or entity.
You agree to indemnify, defend and hold Trade By Trade, its affiliates and service providers, and each of their respective officers, directors, agents, joint venturers, employees, and representatives, harmless from any claim or demand (including attorneys’ fees and costs and any fines, fees or penalties imposed by any regulatory authority) arising out of or related to (i) your breach of these Terms, (ii) your use of Services, or (iii) your violation of any law, rule, or regulation, or the rights of any third party.
19. DISCLAIMER OF WARRANTIES
TRADE BY TRADE PROVIDES NO GUARANTEE AS TO THE PERFORMANCE OR THE UNINTERRUPTED AVAILABILITY OF THE SERVICES. THE SERVICES ARE PROVIDED ON AN “AS IS,” “AS AVAILABLE” BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. TRADE BY TRADE DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT WITH RESPECT TO THE SERVICES. TRADE BY TRADE DOES NOT REPRESENT OR WARRANT THAT THE SERVICES AND THE INFORMATION CONTAINED THEREIN ARE ACCURATE, COMPLETE, RELIABLE, CURRENT OR ERROR-FREE. TRADE BY TRADE WILL MAKE REASONABLE EFFORTS TO ENSURE THAT TRANSACTIONS ON THE PLATFORM ARE PROCESSED IN A TIMELY FASHION, BUT MAKES NO REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THE AMOUNT OF TIME NEEDED TO PROCESS SUCH TRANSACTIONS. BECAUSE TOKEN TRANSFERS ON AND OFF THE PLATFORM ARE DEPENDENT UPON MANY FACTORS OUTSIDE OF OUR CONTROL INCLUDING DENIAL OF SERVICE ATTACKS AND THE LIQUIDITY OF THE TOKENS TRADED ON OUR PLATFORM, AMONG OTHER FACTORS, TRADE BY TRADE MAKES NO REPRESENTATIONS OR WARRANTIES REGARDING THE SUCCESS OF, OR THE AMOUNT OF TIME NEEDED FOR, TOKEN TRANSACTIONS. YOU ALSO ACKNOWLEDGE THAT ANY INFORMATION THAT YOU STORE OR TRANSFER USING THE SERVICES MAY BECOME IRRETRIEVABLY LOST OR CORRUPTED OR TEMPORARILY UNAVAILABLE DUE TO A VARIETY OF CAUSES, INCLUDING SOFTWARE FAILURES, THIRD PARTY PROTOCOL CHANGES, INTERNET OUTAGES, THIRD PARTY DENIAL OF SERVICE ATTACKS, ACTS OF GOD OR UNSCHEDULED MAINTENANCE. YOU ARE ENCOURAGED TO BACK UP AND SAFEGUARD YOUR INFORMATION, INCLUDING LOGIN CREDENTIALS, AT ALL TIMES.
SOME JURISDICTIONS DO NOT ALLOW THE DISCLAIMER OF IMPLIED TERMS IN CONTRACTS WITH CONSUMERS, SO SOME OR ALL OF THE DISCLAIMERS IN THIS SECTION MAY NOT APPLY TO YOU.
Additionally, you acknowledge that Trade By Trade does not act or serve as your broker, intermediary, agent, or advisor with respect to any transaction you make or propose to make using the Services and owes you no fiduciary duty.
20. LIMITATION OF LIABILITY
TO THE MAXIMUM EXTENT PERMITTED BY LAW, TRADE BY TRADE SHALL HAVE NO LIABILITY FOR ANY DAMAGES OF ANY KIND (INCLUDING WITHOUT LIMITATION INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR TORT DAMAGES, OR LOST PROFITS) IN CONNECTION WITH YOUR USE OF THE SERVICES, EVEN IF TRADE BY TRADE HAS BEEN ADVISED OR IS AWARE OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT WILL TRADE BY TRADE’S LIABILITY FOR MONEY DAMAGES UNDER THESE TERMS EXCEED THE AMOUNT OF FEES RECEIVED FROM YOU DURING THE PRECEDING SIX (6) MONTH PERIOD.
PLEASE READ THIS SECTION CAREFULLY – IT MAY SIGNIFICANTLY AFFECT YOUR LEGAL RIGHTS, INCLUDING YOUR RIGHT TO FILE A LAWSUIT IN COURT AND TO HAVE A JURY HEAR YOUR CLAIMS.
To expedite and control the cost of disputes, you and we agree that any legal or equitable claim arising out of or relating to your use of the Services or these Terms, including the formation, validity, enforceability, scope, or applicability of these Terms, including this Section 22 (referred to as a “Claim”) will be resolved as follows: except for claims for injunctive or equitable relief or claims regarding intellectual property rights (which may be brought in any competent court without the posting of a bond), any dispute arising under your use of the Services shall be finally settled on an individual basis through confidential, , binding arbitration in accordance with the law in force in Vanuatu and you and Trade By Trade hereby expressly waive trial by jury. This means that all claims other than intellectual property lawsuits, such as copyright or trademark infringement lawsuits, or claims seeking non-monetary relief would be subject to binding arbitration. This includes claims which may pre-date this agreement. The arbitration shall take place in Vanuatu, in the English language and the arbitral decision may be enforced in any court. At your request, hearings may be conducted in person or by telephone and the arbitrator may provide for submitting and determining motions on briefs, without oral hearings. Payment of all filing, administration and arbitrator fees will be governed by Vanuatu laws. The prevailing party in any action or proceeding to enforce this agreement shall be entitled to costs and attorneys’ fees.
ADDITIONALLY, YOU HEREBY WAIVE YOUR RIGHT TO PARTICIPATE IN A CLASS ACTION LAWSUIT OR CLASS-WIDE ARBITRATION. We each agree that any dispute resolution proceedings will be conducted only on an individual basis and not in a class, consolidated or representative action. If for any reason a claim proceeds in court rather than in arbitration, we each waive any right to a jury trial. If a court or federal regulator with oversight over Trade By Trade decides that applicable law precludes enforcement of any of this section’s limitations as to a particular claim for relief, then that claim (and only that claim) must be severed from the arbitration and may be brought in court, subject to your and Trade By Trade’s right to appeal the court’s decision. All other claims will be arbitrated.
22. SEVERABILITY; WAIVER
If any provision of these Terms is deemed unlawful, void, or for any reason unenforceable, then that provision shall be deemed severable from these Terms and will not affect the validity and enforceability of any remaining provisions. Any delay or failure by Trade By Trade to enforce any of its rights shall not constitute a continuing waiver of such rights.
The failure of us to exercise or enforce any right or provision of these Terms shall not constitute a waiver of such right or provision. These Terms and any policies or operating rules posted by us constitutes the entire agreement and understanding between you and us and govern your use of the Services, superseding any prior or contemporaneous agreements, communications and proposals, whether oral or written, between you and us (including, but not limited to, any prior versions of these Terms). Any ambiguities in the interpretation of these Terms shall not be construed against the drafting party.
24. FORCE MAJEURE
In addition to applicable disclaimers stated above, Trade By Trade’s performance under these Terms shall be excused in the event of interruption and/or delay due to, or resulting from, causes beyond its reasonable control, including but not limited to acts of God, acts of any government, war or other hostility, civil disorder, the elements, fire, flood, snow storm, earthquake, explosion, embargo, acts of terrorism, power failure, equipment failure, industrial or labor disputes or controversies, acts of any third party data provider(s) or other third party information provider(s), third party software, or communication method interruptions.
25. GOVERNING LANGUAGE AND TRANSLATIONS
26. UNCLAIMED PROPERTY
If Trade By Trade is unable to return your Tokens to a third party Account for you after a period of inactivity, Trade By Trade may report and remit the Tokens to an applicable government agency pursuant to applicable escheatment or unclaimed property laws.
27. QUESTIONS AND CONTACT INFORMATION
To contact support, go to Trade By Trade Support through their website and open a ticket. Please provide all relevant information, including your Trade By Trade Username and transaction IDs of any related cryptocurrency deposits. Although we make no representations or provide no warranties about the speed of response, we will issue a reply as soon as possible.
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