Terms of service
The rules of engagement between you and LetsCopyTrade. Written to be readable, not to hide things in the small print.
Contents
1. About these terms
These terms govern your access to and use of the LetsCopyTrade website (letscopytrade.com) and any platform features made available pre-launch. By accessing the site or joining the waitlist, you accept these terms. If you do not accept them, please stop using the site.
Once we open public sign-ups, additional terms will apply to specific features (e.g. broker integration, trade routing). Those will be presented for explicit acceptance before you can use the relevant feature.
2. Eligibility
To use LetsCopyTrade you must:
- Be at least 18 years of age
- Be a resident of India (initially — we may expand later)
- Have the legal capacity to enter into binding agreements
- Not be barred from accessing financial services under Indian law or any applicable sanctions regime
- Provide accurate identity information (KYC, PAN) when required
If we discover any of the above is untrue, we may suspend or close your account.
3. What the service is
LetsCopyTrade is a signal-routing platform. When you choose to copy a trader, we forward their trade signals to your own broker account for execution, scaled to the allocation you've set. The service includes:
- A directory of verified expert traders with audited track records
- Tools to configure allocation, stop-loss, and risk limits
- Automated routing of expert trades to your broker for execution
- A dashboard showing your copied positions, performance, and history
- Customer support and downloadable transaction reports
4. What it isn't
Equally important — what LetsCopyTrade is not:
- Not a broker. We do not hold your funds. We do not execute trades on our own books.
- Not investment advice. Listing a trader is not a recommendation. Verification means their history is audited — not that their strategy will work for you.
- Not a guarantee. No returns are guaranteed. Past performance of any trader does not predict future results.
- Not a portfolio manager. We do not exercise discretion over your money. You choose who to copy, how much to allocate, and when to stop.
- Not a tax advisor. Tax obligations are yours. We provide reports to help with filing; consult a CA for specific advice.
5. Risk acknowledgement
Specifically, you acknowledge:
- Market risk — asset prices move; you may lose part or all of your invested capital
- Trader risk — the expert you copy may underperform, take more risk than expected, or stop trading entirely
- Execution risk — market moves between the expert's trade and your copy may result in different fill prices
- Technical risk — system outages, broker downtime, or connectivity issues may delay or prevent trade execution
- Regulatory risk — changes in Indian financial regulation may require us to modify or suspend service
You should never invest money you cannot afford to lose.
6. Your account
You are responsible for:
- Keeping your login credentials confidential
- The accuracy of information you provide (KYC, contact details)
- All activity that occurs under your account
- Reviewing your dashboard and notifications regularly
- Notifying us immediately of any unauthorised access (security@letscopytrade.com)
7. Fees
Pricing is not finalised. The current intent:
- Free to browse traders and start copying with a small portfolio
- A performance fee on net profits above a threshold — no fee if you don't earn
- No setup fees, withdrawal fees, or charges on capital
- Broker fees and applicable taxes (GST, STT, etc.) are charged by your broker / tax authority, not by us
Final pricing will be published on the pricing page and incorporated into these terms before public launch.
8. Prohibited use
You agree not to:
- Use the service for any unlawful purpose
- Manipulate trader rankings, fake performance, or coordinate to mislead other users
- Reverse-engineer, scrape, or access the platform via unauthorised means
- Use the service to launder money or evade taxes
- Provide false information, including KYC details
- Attempt to disrupt or overload our infrastructure
- Resell or sublicense access to the service
Violation may result in immediate suspension or termination, plus referral to authorities where applicable.
9. Intellectual property
The LetsCopyTrade platform, brand, design, code, and content are owned by us or our licensors and are protected by Indian and international copyright, trademark, and other intellectual-property laws. You receive a limited, non-exclusive, non-transferable licence to use the service for its intended purpose. Nothing in these terms transfers ownership.
10. Liability
To the maximum extent permitted by Indian law:
- The service is provided “as is” without warranties beyond those required by law
- We are not liable for trading losses, missed opportunities, or indirect/consequential damages
- We are not liable for actions or failures of brokers, traders you choose to copy, exchanges, or other third parties
- Our total liability for direct damages, where it cannot be excluded, is limited to the fees you have paid us in the 12 months preceding the claim
Nothing in this section limits our liability for fraud, willful misconduct, or anything else that cannot lawfully be limited.
11. Termination
You can close your account at any time from your dashboard or by emailing us. We can suspend or close your account if you breach these terms, if required by law, or if we close the service. We will give reasonable notice unless prevented by urgency or legal requirement.
On termination, your right to use the service ends. Trade routing stops. Your money remains in your broker account — we never had it. Provisions that by their nature survive termination (risk acknowledgement, liability, IP, dispute resolution) continue to apply.
12. Disputes & jurisdiction
These terms are governed by the laws of India. Before formal proceedings, you agree to first raise issues with our support team and then escalate via the grievance process on our Compliance page.
Disputes that cannot be resolved through grievance redressal will be subject to the exclusive jurisdiction of the courts of [City to be confirmed at launch], India. Where applicable, disputes may also be submitted to arbitration under the Arbitration and Conciliation Act, 1996, with a single arbitrator and proceedings in English.
13. Changes to these terms
We may update these terms as the platform evolves or regulations change. Material changes will be communicated by email (for account holders) and posted on this page at least 14 days before they take effect. Continued use after the effective date constitutes acceptance. If you don't accept, you can close your account before the changes take effect.
14. Contact
Support: support@letscopytrade.com
Grievances: grievance@letscopytrade.com
Privacy: privacy@letscopytrade.com
General: hello@letscopytrade.com
Legal entity name, CIN, and registered office will be published with team reveal at launch.