If any financial loss to the capital specified under this Agreement arises as a result of any trade or transaction executed in the Client’s own trading account under the instruction, advice, guidance, or management of the Mentor, such loss shall be borne entirely by the Mentor. Upon completion of the determination and verification of the amount of such loss, the Mentor shall be obligated to reimburse or refund the full amount of the verified loss to the Client within a maximum period of 24 (twenty-four) hours.
For each trade executed in the Client’s own trading account based on the instructions, advice, or management of the Mentor, if a net profit is realized, 30% (thirty percent) of the net profit generated from such trade shall be payable to the Mentor as service fees/remuneration, while the remaining 70% (seventy percent) of the net profit shall be payable to and retained by the Client.
For each profitable trade, the agreed 30% (thirty percent) Mentor Commission shall be paid to the Mentor within a maximum period of 24 (twenty-four) hours after the profit from such trade has been finally calculated and verified. If the commission is not paid within the stipulated 24-hour period, a late payment penalty of 5% (five percent) of the outstanding commission amount shall be imposed for each additional period of 24 (twenty-four) hours that elapses. Such late payment penalty shall continue to accrue until the outstanding commission, including any applicable penalties, has been paid in full.
During the term of this Agreement, the Client shall not be permitted to withdraw any profits earned or any portion of the capital funds from the Client’s trading account. Upon completion of the agreed contractual term of 3 (three) days / 5 (five) days, and once the Agreement has been fully concluded, the Client shall be entitled to withdraw the funds to which the Client is entitled from the trading account.
During the term of this Agreement, the Client shall be entitled to seek necessary trading-related instructions, advice, and assistance from the Mentor. The Mentor shall provide the Client with the necessary trading support in accordance with the terms and conditions stipulated in this Agreement. In the event that the Client has any questions, encounters any issues, or requires assistance relating to trading activities, the Mentor shall provide the necessary support and reasonable assistance within a reasonable period of time, to the extent reasonably practicable.