Funding and Profit Sharing Agreement
This Funding and Profit Sharing Agreement ("Agreement") is made and entered into as of the date of acceptance by and between:
ZenithWave Capital Limited ("Company"), a company registered in the United Kingdom; and
[Trader Name] ("Trader"), with an address at [Trader Address].
Collectively referred to as the "Parties" and individually as a "Party."
1. Purpose
The Company agrees to provide trading capital to the Trader under the terms outlined in this Agreement. The Trader will trade with the provided funds, and profits generated will be shared as per the agreed terms.
2. Funding Allocation
- The Company will allocate trading capital to the Traders at their discretion.
- The capital will be deposited in a designated trading account controlled by the Company.
- The Trader is permitted to trade only in [Approved Markets/Instruments] and must adhere to all risk management guidelines.
3. Profit Sharing
- Profit-sharing percentages between the Company and the Trader will be clearly defined and agreed upon in the final signing agreement.
- Profit distribution will be conducted on a monthly basis.
- Withdrawals of profits must be approved by the Company before processing.
4. Losses and Risk Management
- The Trader must adhere to strict risk management policies set by the Company, including:
- A maximum drawdown limit of 5% of the allocated capital.
- Position sizing and leverage restrictions.
- Stop-loss requirements on all trades.
- If the Trader breaches risk management rules, the Company reserves the right to revoke funding and terminate this Agreement immediately.
- The Trader is not personally liable for losses beyond the allocated capital unless fraudulent or negligent behaviour is identified.
5. Trader Responsibilities
- Conduct trading activities ethically and in compliance with applicable financial regulations.
- Refrain from engaging in high-risk, speculative, or unauthorized trading activities.
- Maintain transparency in reporting trades and performance to the Company.
- The Trader acknowledges that they are acting as an independent contractor and not as an employee of the Company.
6. Company Rights & Termination
- The Company reserves the right to monitor all trading activities and intervene if necessary.
- This Agreement may be terminated by either Party with a 30 days written notice.
- The Company may terminate the Agreement immediately if the Trader:
- Breaches any risk management policies.
- Engages in fraudulent, manipulative, or unethical trading practices.
- Fails to generate sustainable profits over an agreed period.
7. Confidentiality
- The Trader agrees not to disclose any proprietary trading strategies, risk management policies, or other confidential information shared by the Company.
- This confidentiality obligation shall remain in effect for 5 years after the termination of this Agreement.
8. Dispute Resolution
- This Agreement shall be governed by the laws of England and Wales.
- Any disputes shall first be resolved through good-faith negotiations. If unresolved, disputes shall be settled through mediation or legal proceedings in a competent UK court.
9. General Provisions
- This Agreement constitutes the entire understanding between the Parties and supersedes all prior agreements.
- No amendments or modifications shall be valid unless agreed in writing by both Parties.
- If any provision of this Agreement is found to be invalid, the remaining provisions shall remain in full force and effect.