By logging to his account, the investor agrees to pay a percentage of his profit to the trade leader upon the issuance of an invoice, which payment shall be charged on the credit card registered and authorized by the investor. The fee and profit share shall be payable only when the investor follows the trade leader’s iMiTrade plan using the live trading account (and not using demo or practice account). The investor further agrees to pay payment processing fee which shall be collected by the company.
On the other end, the trade leader agrees to pay the company 10% of all profits made by him through payments made to him by his followers. Such profit share shall be charged on the trade leader’s registered and authorized credit card.
The investor and the trade leader agree that on the 1st day of each month that their account with iMiTrade is active, the investor’s fee plus processing fee shall be debited from the registered and authorized credit card of the investor and credited to the company’s account and on the 15th day of each month, the company will pay the trade leader all shares earned from the profits made by the investors following them after deducting the 10% share of the company. The fees shall be credited to the trade leader’s bank registered bank account. In case of failure to update of the trade leader’s bank account, all payments shall be simultaneously credited to him once the updated bank account is registered with iMiTrade platform.
The investor and the trade leader further agree that the company will not be liable in case of failure of the investor to pay the required fees due to glitches in the credit card company’s system or any other reasons beyond the control of the company.