Q&A

Investor Account is a trading account opened with TeleTrade, which is registered as an Investor Account under the TeleTrade Invest project.

To open an Investor Account, you are required to:

• Register a Client Login and open a trading account with TeleTrade.
• In the 'Investments' section, select the Synchronous Trading menu item.
• Select a trading account which you are willing to register as an Investor Account.
• Grant the 'Investor' status to your trading account by pressing the corresponding button.

To link an Investor Account to a Trader Account, you are required to:

• Select the TeleTrade Invest menu item in your Client Login, in the 'Investments' section.
• Select a trading account which you are willing to link to a Trader.
  You need to give the 'Investor' status to that trading account, if required.
• Press the 'Connect Trader' button.
• In the window that opened, in the 'Trader's Contract / Nickname' field, enter the relevant Trader's information: Trader's Contract / Nickname.
• Press the 'Find' button.
• Read the information about the Trader and his commission reward, then press the 'Next' button.
• In the window that has appeared, set your copying rate and press 'Confirm'.

To disconnect an Investor Account from a Trader Account, you are required to:

• Select the 'Synchronous Trading' menu item in your Client Login, in the 'Investments' section.
• Select a trading account, which you are willing to disconnect from a Trader Account.
• Press the 'Disconnect Trader' button and confirm the action in the pop-up window.

To achieve the maximum financial transparency in interaction between an Investor and Trader under the Synchronous Trading project, one Investor Account can only be linked to one Trader Account. To create a portfolio of Traders, it is recommended to open multiple Investor Accounts and link them to respective Traders.

A Client of the Company, who has registered a trading account as an Investor Account under the Synchronous Trading service in order to be able to copy trading transactions from a Trader Account chosen by the Investor, to his/her Investor Account.

Trader Account is a special account registered with TeleTrade as a trading signal provider under the Synchronous Trading project.

To ensure the interests of Investors, the volume of equity in the Trader Account must be at least 100 USD.

To open a Trader Account, you need to:

• Register a Client Login and open a trading account with TeleTrade.
• Deposit your trading account with at least 100 USD.
• Select the 'Synchronous Trading' menu item in the 'Investments' section.
• Register your trading account as a Trader Account by pressing the corresponding button.
• Fill out your Trader's profile and account profile.

A Client of the Company who has registered a trading account as a Trader Account under the Synchronous Trading service, or a provider of trading signals acting via a trading account connected to the Synchronous Trading service. A Trader doesn't have access to Investor's funds and is never involved in the management of Investors' funds, but rather operates solely as a provider of trading signals that are copied to the linked Investor Accounts.

This is a unique personalized code that identifies a Trader within the Synchronous Trading service, which includes the Trader's Offer. By using a Trader's Contract, an Investor can select a respective Trader for linking to his Trader Account.

The Trader Account's yield is calculated based on the daily change in the account balance. No balance operation is included in the calculation of yield. This means that the yield data only reflect the results of the trading transactions on the Trader Account.

The volatility of daily yield means a measure that reflects the extent of yield fluctuations in regard to its average value. Yield fluctuations are a risk. High fluctuations mean a high risk.

Risk is a normalized measure for fluctuations of daily yield over the last 14 trading days. If this value is high (5), it means that the Trader allows for high yield fluctuations, i.e. he uses aggressive trading strategies. A low value (1) indicates that the Trader's strategy is conservative.

The current drawdown is the measure characterizing the current trading account balance (yield) in regard to its historical peak yield value.

The maximum drawdown is the measure characterizing the maximum decline in yield in relation to the previous local peak, which has ever been attained in the Trader Account's historical performance.

The recovery factor is a characteristic of the Trader Account's results, which is calculated as the ratio of the current yield to the maximum drawdown. The recovery factor illustrates to which extent the yield exceeds the maximum drawdown depth. When comparing two Traders that have the same yield, the best one would be the one whose recovery factor is higher, because his yield has been achieved with a lesser drawdown.

The Sharpe ratio is a measure of the Trader's performance, which is calculated as the ratio of yield to yield volatility (fluctuations in yield). Yield fluctuations are a risk. High fluctuations have a high risk, and these should bring a high profit. When comparing two Traders that have the same yield, the best among the two is the one who has a higher Sharpe ratio, because his yield has been achieved with lower risks.

Trader Account which is not listed on the Company's websites.

A Public Trader Account is listed and published in the Traders' Rankings and it is available for viewing by all clients of the Company in the Company's websites.

The offer to potential investors to link their trading accounts to the Trader Account under the commercial terms set by the Trader:

• Trader's Commission means the commission set by the Trader, according to which settlement between the Trader and Investors as well as commission will be calculated for profitable replicated trading transactions.
• Accounting Period means a period of time (since the start of collaboration between an Investor and a Trader, or since the previous settlement between an Investor and a Trader, whichever took place later) after which settlement takes place between an Investor and a Trader. Periodic settlement is effected on the last Sunday of every month.

Means the ratio of copying trading transactions from a Trader Account to an Investor Account, which is set by the Investor while connecting his Investor Account to a Trader Account.

The commission fee for a trading transaction is calculated based on the financial performance of respective transactions, regardless of whose control the transaction was under. The commission fee is charged against the Investor Account via a balance transaction carrying a memo: "cmsn lock for re. #Investor order ticket", and is reserved on a special retention account until the settlement procedure is carried out between the Investor and the Trader.

Means the procedure of distributing the commission accrued in the retention account between the Investor Account and Trader Account.