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FREQUENTLY
ASKED
QUESTIONS

mmurdersquidd_technical_book_opened_on_a_desk_of_books_in_a_dee_905d7dc4-1870-4e02-bb2f-c3

What is anti-money-laundering, non-criminal origin limitations?

The Investor guarantees to use only their own funds as investments to the Working Capital and shall not act on behalf of any third party. The Investor guarantees that all invested funds are from non-criminal origin.

What are limitations of EARMA liabilities?

The Investor understands and accepts that the EARMA system shall not be liable for any losses caused by third parties or by Force Majeure events, including, but not limited to:
(a) bank performances such as delays in transfer funds, returning funds, or holding funds, imposing banking fees and currency conversion rates;
(b) trading platform performances such as imposing fees, limitations, deposit or withdrawal delays, holding funds, and changing of policies;
unusual or exceptional market volatility caused by Force Majeure events such as wars, natural disasters, political uprising, major economic crisis, world banking and financial sectors policy changes.

What is the risk?

EARMA provides unprecedented reliability with very high safety margins for working capital, as well as a robust security infrastructure. Nevertheless, the Investor understands and accepts all risks associated with the investment and trading process.

Are there taxes?

Each party is solely responsible, and fully liable, for all applicable taxes on their own income and benefits received as result of the EARMA service. Each Investor is responsible to familiarize themselves with their local tax code and any other applicable regulations.

What is the legal relationship HYCE Trading LTD and the Investor?

The parties acknowledge and agree that the relationship between HYCE Trading LTD and and the Investor is that of independent contractor.

What is a non-circumvent agreement between parties?

The Parties agree not to circumvent or attempt to circumvent this agreement in order to gain fees, commissions, profit, remunerations or any other considerations, for their own benefit, while excluding the other party. This clause shall remain in force for three (3) years after termination this Agreement.

What happens if a breaking contract event would occur?

After occurrence of a Breaking Contract Event, EARMA system shall immediately notify Investor and allow a forty eight (48) hour period for Investor to rectify the Breaking Contract Event. In case if Breaking Contract Event is not corrected after forty eight (48) hour period, EARMA system shall halt the automated trader system on the Investor’s Trading Account immediately.
EARMA system shall be not responsible for any losses on the Investor’s Trading Account resulting from the Breaking Contract Event. The Investor shall be liable for any outstanding Service Fees to EARMA system prior the occurrence of the Breaking Contract Event and all costs incurred as result of the Breaking Contract Event.

What is a contract-breaking event?

Any one or more of the following events are qualified as the “Breaking Contract Event”:
(a) the Investor fails to pay the Service Fees to EARMA system within ten (10) calendar days after receiving EARMA system’s invoice for Service Fees;
(b) the Investor makes any withdrawal from the Trading Account that is not a monthly Withdrawal of Total Profit or the Exceptional Situation Withdrawal (hereinafter the “Unauthorized Withdrawal”);
(c) the Investor blocks access for the automated trader system and program to the Investor trading account in any way, including, but not limited to, changing the trading password without providing the new password to EARMA system prior to such password change taking effect.

What are terms of the Service Agreement?

The service agreement is an open term agreement. The Investor and HYCE Trading LTD shall have the right to terminate this Agreement at their sole discretion. Each Party shall provide sixty (60) days termination notice in writing to the other Party. After issuing or receiving such notice, HYCE Trading LTD shall use their full effort to off-ramp EARMA’s activity with minimal impact on the Working Capital and maximum retention of earnings during the Closing Period.

Can I withdraw other amounts and when?

EARMA relies on the availability of Working Capital in order to make efficient decisions and generate profit over the long term. Sudden and large withdrawals have the potential to affect the performance of the system such that trading results are negatively impacted, and losses may occur.

In the event that the Investor has sudden need to withdraw large sums or would like to exit the program, we ask that the Investor contact HYCE Trading directly. Our service team can then provide advice as to the best way to withdraw funds while retaining earnings.

When can earnings be withdrawn from trading account?

After receiving the monthly invoice, the investor can withdraw any part of their share of the Total Profit for the month at their sole discretion.

How are payments for service fees made?

The Service Fees shall be paid on a monthly basis. Within two (2) calendar days of the end of each month, HYCE Trading issues an invoice to the Investor outlining the Service Fees based on the Total Profit for the month.

Within five (5) business days of receiving the Invoice, the Investor must make the Service Fee payment in full via electronic bank transfer. All bank fees shall be the responsibility of the Investor. HYCE Trading does not accept cheque, bank money order or cash forms of payment.

What happens with my earnings?

The remaining share of the Total Profit shall be for the sole benefit of the Investor and will be reflected in the Investor’s trading account balance. The Investor may withdraw all or any portion of his part of the Total Profit at their sole discretion.

What percentage is the service fee?

SERVICE FEES = TOTAL PROFIT x 50.0%

How much does the service cost?

The EARMA automated trading service fee is calculated as a percentage of profit generated (ie. Profit Sharing). This service fee shall constitute the complete compensation for services rendered. There are no other costs for investors. Payments may be made to HYCE Trading directly via electronic methods.

How much will I earn?

The Investor should understand and acknowledge that the Total Profit depends on market conditions and will vary on a daily, weekly and monthly basis. It is impossible to predict exact returns. However, historically, our investors have seen annual returns above 20% and as high as 60%.

How profit is calculated?

The Total Profit is calculated on a monthly basis. The Total Profit shall be calculated as the difference between the monthly closing balance and the same month’s opening balance. The Total Profit shall not include any of deposits or withdrawals made on the account during the reported moth. Profit is calculated as:
TOTAL PROFIT = CLOSING BALANCE – OPENING BALANCE – (ALL DEPOSITS – ALL WITHDRAWALS)

How is profit generated?

The EARMA system is designed to use Working Capital to produce a reliable monthly profit. Such profit would include the net profit from closing favorable positions, rebates, and any other deposits and rewards from a trading platform (“Total Profit”). The Total Profit shall not include all deposits and all withdrawals for the account.

How are the investments used?

The invested funds are used as working capital in the trading activities (“Working Capital”). The Working Capital shall be used by the automatic trader system (MetaTrader 4 and EARMA) to perform CFD trading activities. As outlined in the Service Agreement, the Investor shall acknowledge that a significant amount of the Working Capital may, from time to time, be allocated by the trading platform to support open positions. These funds are temporarily blocked and may be shown on trading statements as Floating or Unrealized Profit/Losses.

How do I start using the EARMA service?

Step 1: Open own account on any trading platform that supports MetaTrader4 automated trading. Most of our Canadian clients uses CMC Markets. To start registration go to: https://oaf.cmcmarkets.com/en-ca/onboarding-start?iaid=366321&product=mt4.
For international users go to: https://client-portal.cmcmarkets.com/?Referral=3256&GroupId=108
Step 2: Deposit at least minimum required amount to the account.
Step 3: Register for EARMA service on our Customer Portal at www.earma.com.
After registration EARMA starts working within 24 hours.

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