Terms & Conditions
Effective Date: 2 March 2026
These Terms and Conditions ("Terms") govern your use of the FuguTrader website at fugu.forex and the copy trading signal service provided through it. By accessing or using our website, you agree to be bound by these Terms.
1. Acceptance of Terms
By accessing this website or using our services, you confirm that you have read, understood, and agree to these Terms. If you do not agree, you must not use our website or services.
2. Service Description
FuguTrader provides an automated copy trading signal service. Our algorithmic trading systems generate trading signals that are executed on our master trading account hosted with Fusion Markets. Users who connect to our Fusion+ copy trading feed will have these trades automatically mirrored in their own accounts on a proportional basis.
FuguTrader does not provide financial advice, investment advice, or personal recommendations. Our service is a trade-copying tool only. You are solely responsible for your trading decisions, including the decision to connect to our copy feed.
3. Eligibility
You must be at least 18 years of age (or the age of legal majority in your jurisdiction) to use our services. By using our service, you represent and warrant that you meet this requirement and that you are legally permitted to trade financial instruments in your jurisdiction.
4. Account Requirements
To use FuguTrader's copy trading service, you must:
- Open a trading account with Fusion Markets (Fusion Markets Pty Ltd, ABN 90 149 011 361, AFSL No. 385620) using our referral link
- Connect to our Fusion+ copy trading feed through the Fusion+ Hub
- Maintain sufficient funds in your account for trade execution
FuguTrader does not hold, manage, or have access to your trading account or funds. Your account is held with Fusion Markets and subject to their terms and conditions.
5. Fee Structure
FuguTrader operates on a 30% performance fee model using a high watermark system:
- There are no upfront fees, monthly subscriptions, or fixed charges
- The 30% performance fee is calculated only on new net profits above your previous high watermark
- If your account experiences a drawdown and recovers, you are not charged again on profits previously paid for
- Performance fees are calculated and applied by Fusion Markets through the Fusion+ platform
6. Affiliate & Introducing Broker Disclosure
FuguTrader participates in the Fusion Markets Introducing Broker (IB) programme (referral code: 107361). When you open a Fusion Markets account using our referral link, FuguTrader may receive a commission from Fusion Markets. This commission is paid by Fusion Markets and does not affect the spreads, commissions, or costs charged to your account.
7. Intellectual Property
All content on this website, including but not limited to text, graphics, logos, images, software, and trading algorithms, is the property of FuguTrader and is protected by intellectual property laws. You may not reproduce, distribute, modify, or create derivative works from any content without our prior written consent.
8. Risk Acknowledgement
Trading foreign exchange and CFDs carries a high level of risk. You may lose more than your initial investment. Past performance is not indicative of future results. By using our service, you acknowledge that you have read and understood our Risk Disclosure in full.
9. Limitation of Liability
To the maximum extent permitted by law:
- FuguTrader is not liable for any trading losses, including losses resulting from copying our trades
- FuguTrader is not liable for technical failures, execution delays, slippage, or connectivity issues
- FuguTrader is not liable for any indirect, consequential, or incidental damages
- Our total liability to you for any claim shall not exceed the total fees you have paid to FuguTrader in the preceding 12 months
10. No Guarantees
FuguTrader does not guarantee any level of profit, return, or performance. All trading involves risk, and you should only trade with capital you can afford to lose.
11. Governing Law
These Terms are governed by and construed in accordance with the laws of Australia. Any disputes arising from these Terms shall be subject to the exclusive jurisdiction of the courts of Australia.
12. Termination
You may stop using our service at any time by disconnecting from our Fusion+ copy trading feed. FuguTrader reserves the right to terminate or suspend access to our service at any time, with or without cause, and with or without notice.
13. Changes to These Terms
We may update these Terms from time to time. Changes will be posted on this page with an updated effective date. Your continued use of the service constitutes acceptance of the revised Terms.
14. Contact Us
If you have questions about these Terms, contact us at:
Email: contact@fugu.forex