ADAM OPTIONS
Automated Trader Terms and Client Agreement
This Auto Trader Client Service Agreement (“Agreement”) is entered into between Adam Options (“Company,” “we,” “our,” or “us”) and the individual or entity subscribing to the Auto Trader service (“Client,” “you,” or “your”).
By subscribing to or using the Auto Trader service, you acknowledge that you have read, understood, and agree to be legally bound by this Agreement.
1. Services
Adam Options provides an automated trade execution service that mirrors or follows our proprietary trading strategy in the Client’s brokerage account.
The Client authorizes the Auto Trader system to place trades according to the selected risk settings.
The Client understands that all trading decisions remain subject to market conditions and execution by the Client’s broker.
2. Risk Disclosure
Trading stocks, options, futures, ETFs, and other financial instruments involves substantial risk.
The Client understands and accepts that:
– Losses may exceed expectations.
– The entire account balance may be lost.
– Market conditions can change rapidly.
– Previous winning performance does not guarantee future results.
– Large drawdowns may occur.
– No strategy wins every trade.
The Client accepts these risks without holding Adam Options responsible.
3. No Performance Guarantee
Adam Options makes no guarantees regarding:
– Profitability
– Monthly returns
– Winning percentage
– Future performance
– Preservation of capital
Past performance is not indicative of future results.
4. Execution Differences
The Client understands that their trades may differ from trades executed by Adam Options due to:
– Broker execution speed
– Internet latency
– Slippage
– Liquidity
– Option pricing
– Partial fills
– Delayed fills
These differences are normal and are not considered service failures.
5. No Financial Advice
The Auto Trader service is provided for automated trade execution only.
Nothing provided by Adam Options constitutes:
– Investment advice
– Financial advice
– Tax advice
– Legal advice
Clients should consult their own professional advisers before investing.
6. Client Responsibilities
The Client agrees to:
– Maintain sufficient account capital.
– Understand all trading risks.
– Review account activity regularly.
– Keep login credentials secure.
– Notify Adam Options of any account issues promptly.
7. Fees
Subscription fees are charged according to the selected membership plan.
Unless otherwise required by law:
– Fees are non-refundable.
– Failure to cancel before renewal authorizes the next subscription charge.
8. Limitation of Liability
Adam Options shall not be liable for:
– Trading losses
– Lost profits
– Broker outages
– Platform failures
– Software bugs
– Internet interruptions
– Delayed executions
– Slippage
– Exchange issues
– Force majeure events
The Client assumes full responsibility for all trading outcomes.
9. Indemnification
The Client agrees to defend, indemnify, and hold harmless Adam Options, its owners, employees, contractors, affiliates, and partners from any claims, liabilities, damages, losses, expenses, or legal fees arising from the Client’s use of the service.
10. Termination
Either party may terminate this Agreement at any time.
Adam Options reserves the right to suspend or terminate any account without prior notice if the Client violates these terms or engages in fraudulent or abusive conduct.
11. Governing Law
This Agreement shall be governed by the laws of the jurisdiction designated by Adam Options.
12. Electronic Acceptance
By signing up for the Auto Trader service, the Client acknowledges that they have read, understood, and agreed to be bound by all of the terms and conditions set forth in this Agreement. Enrollment in the Auto Trader service constitutes the Client’s electronic acceptance of this Agreement and has the same legal effect as a handwritten signature.
- I have read this Agreement in its entirety.
- I understand the risks of trading.
- I understand I may lose all of my investment.
- I understand there are no guarantees of profit.
- I voluntarily choose to use the Adam Options Auto Trader service.
- I release Adam Options from liability for normal trading losses and market risks.