§1 Scope of Application
(1) These Terms & Conditions apply to all digital services, automated copytrading systems, API-based trade execution, memberships, subscriptions and digital products offered by LMX Trade — by LNGM (“the Provider”).
(2) All services are fully digital and available worldwide to users aged 18 or older.
(3) By using the service, the user confirms having the necessary knowledge, experience and risk tolerance for automated trading systems.
(4) The copytrading service is a purely technical signal mirroring system and does not constitute personal investment advice, portfolio management or any regulated financial service.
Regulatory notice (EU/UK/US): LMX Trade does not provide investment advice, does not manage client funds, and does not conduct investment services under MiFID II, FCA rules, or the German KWG. The system operates strictly as an “execution-only / technical automation service”.
§2 Subject of the Contract
The Provider offers the following digital services:
- fully automated API-based copytrading systems
- dashboard access and analytics
- signal distribution and execution
- digital content (PDFs, guides, templates)
- memberships and subscription services
(2) The Provider does not influence:
- risk level
- lot sizes
- leverage
- capital allocation
(3) The Provider never has access to the user’s funds. All capital remains exclusively in the user’s own trading account with their chosen broker.
(4) All statistics or performance data are informational only.
§3 Contract Formation
(1) All displayed offers are non-binding.
(2) A contract is formed when the user completes the checkout process.
(3) The user confirms being legally permitted to engage in automated trading.
§4 Prices, Payments & Subscriptions
(1) All prices shown are final prices.
(2) Payments are processed through third-party providers such as PayPal, Stripe or WooPayments.
(3) Subscriptions renew automatically until cancelled.
(4) The user is responsible for all broker fees (commission, spread, swap, margin requirements etc.).
§5 Right of Withdrawal
(1) The statutory right of withdrawal for digital services applies unless waived by the user.
(2) The user agrees that execution of the service begins immediately.
(3) Once the automated copytrading service is activated, the right of withdrawal expires entirely.
(4) Downloads of digital products void the right of withdrawal upon access.
§6 User Responsibilities
The user is solely responsible for:
- correct broker login details
- risk settings, leverage & lot size configuration
- maintaining sufficient margin and capital
- monitoring their trading account
- complying with applicable laws
- not distributing, copying or reverse-engineering the system
The user bears full responsibility for all trades, risks and account consequences.
§7 Liability Disclaimer
(1) The Provider is not liable for financial losses, broker issues, API malfunctions, server downtime, internet failures, execution delays, slippage, data delays or market volatility.
(2) No guarantee of profit or performance is given.
(3) Liability for simple negligence is excluded, except for injury to life, body or health.
(4) External third-party systems (brokers, platforms, servers, payment processors) lie outside the Provider's control.
Automated trading and copytrading involve high risk and may result in the complete loss of capital.
§8 Legal Classification of CopyTrading
(1) LMX Trade provides a purely automated “signal mirroring” system via API. The Provider does not decide trades, risk or allocation.
(2) The service does not constitute:
- investment advice
- portfolio management
- financial services under EU, UK or US law
(3) The user independently configures:
- position size
- risk management
- capital allocation
- activation / deactivation of the service
§9 Prohibited Use & Misconduct
Users must not engage in:
- illegal trading activities
- insider trading or market manipulation
- latency arbitrage or exploitative strategies
- reverse-engineering of signals
- system manipulation or misuse
Violations may result in account termination and legal action.
§10 Technical Risks & Third-Party Systems
The Provider is not responsible for:
- broker outages or API changes
- server issues or delays
- internet or connection failures
- execution delays or slippage
- hosting on international servers (e.g., USA)
The user consents to necessary international data transfers associated with automated trading systems.
§11 Cancellation of Subscriptions
(1) Subscriptions renew automatically.
(2) Cancellation can be made at any time via email to support@lmx-trade.com or via the dashboard.
(3) Already provided services are non-refundable.
§12 Legal Venue, Applicable Law & Language
(1) German law applies. The United Nations Convention on Contracts for the International Sale of Goods (CISG) does not apply.
(2) The legal venue is the Provider’s registered location, where legally permissible.
(3) Contract language is English.
§13 Severability Clause
If any provision of these Terms becomes invalid, the remaining provisions remain unaffected and valid.
§14 Regulatory Status
LMX Trade is not supervised or regulated by BaFin, FCA, SEC, or any other financial authority, as no financial services within the meaning of applicable banking or investment laws are provided. The service operates strictly as a technical automation tool.
The Provider does not hold or manage client funds at any time. All deposits and withdrawals are handled exclusively by the user's broker.
§15 Execution Quality Disclaimer
The Provider has no responsibility for the execution quality of trades, including but not limited to delays, slippage, partial fills, rejected orders, broker restrictions or trading halts. The user acknowledges that all order execution is performed solely by the user’s broker.
§16 User Responsibility Disclaimer
The Provider is not responsible for losses resulting from incorrect configuration, misuse, insufficient margin, overly aggressive position sizing, or conflicting settings chosen by the user.
Risk Warning
Automated trading and copytrading involve substantial risk. Past performance does not guarantee future results. You may lose your entire investment.
By using the platform, you confirm that you understand all risks and act entirely on your own responsibility.