Strategy Provider Agreement

This Strategy Provider Agreement (this “Agreement”) is made between Followme Technology Sdn. Bhd. (“Followme”, “we”, “us”, or “our”) and the undersigned strategy provider/trader (“Strategy Provider” or “Trader”, and together with Followme, the “Parties”).

• Followme operates a web- and mobile-based social trading network (the “Followme Community”).
• The Followme Community enables users to view information relating to trading activity in retail off-exchange foreign currency spot and contracts for difference (together, “Forex”) and to trade automatically or manually based on such information.
• The Trader develops and provides trading systems designed to generate trading strategies for Forex (each, a “System”).
• Customers of Followme, its subsidiaries and affiliates (collectively, the “Followme Group”) may elect to access and use strategies generated by the Trader’s System.
• The Parties wish to set out the terms governing such access and the compensation payable to the Trader.

• Provision of Strategies: The Trader shall provide Followme with access to strategies generated by the System (the “Strategies”) in a format and by technical means reasonably acceptable to Followme, for onward availability to Followme Group customers who choose to trade in accordance with such Strategies.
• Service Standards: The Trader shall use reasonable efforts to ensure Strategies are timely, accurate to the System’s design, and free from malicious code or deliberate interference.

• Within five (5) Business Days of the Effective Date, the Trader shall furnish evidence of identity and any other onboarding materials reasonably required by Followme’s compliance function, including a copy of a valid passport, driver’s licence, national identity card, or other government-issued photo identification, and any information reasonably required to complete account verification.

• Fees & Share: In consideration for making the Strategies available, Followme shall pay the Trader the compensation posted on Followme’s Website from time to time. Unless stated otherwise on the Website, eighty percent (80%) of the applicable fees for system-generated Strategies is payable to the Strategy Provider. No other fees, benefits, or compensation are due under this Agreement. Followme may amend, replace, vary, or cancel compensation terms upon notice (including by Website posting). Payments may be processed by Followme or an affiliate.
• Timing: Compensation is calculated on a calendar-month basis. Payment requests may include only accrued revenue for the month(s) ending prior to the request date.
• Conduct Risk: Capital protection of followers is paramount. Traders whose activity, in Followme’s reasonable discretion, constitutes abusive or malicious trading or imposes undue risk on followers may be denied compensation and/or suspended or banned. Eligibility for compensation requires continued compliance with Followme’s Trader Program Guide, as amended.
• Withholding/Non-Payment: Compensation may be withheld and/or deemed not payable if payment would, in Followme’s reasonable view, breach any applicable law or regulation; Followme deems withholding necessary due to customer complaints, regulatory inquiry, investigation, or other legal issue; or Followme has reasonable grounds to believe the Trader has breached this Agreement.
• Japan Restriction: Followme will not compensate any Trader resident in Japan unless the Trader is duly registered with the FSA as an Investment Advisory and Agency Business Operator. “Japan Resident” includes (i) any natural person resident in Japan and (ii) any entity formed under Japanese law.
• KYC Prerequisite & Payee Controls: No payment will be made unless and until the Trader has satisfied Followme’s verification requirements. Payments will be made only to the Trader, to an account or method registered in the Trader’s name, and matching the details provided to Followme.
• Taxes: The Trader acts as an independent contractor and is solely responsible for all taxes arising from compensation paid under this Agreement.

• The Trader represents and warrants that it does not (i) direct or control customer accounts, or (ii) provide advice tailored to any customer’s particular circumstances. The Trader further represents that it holds all licences/registrations required by applicable laws to perform its obligations hereunder, or is lawfully exempt.

• The Trader shall at all times comply with all applicable laws, rules, and regulations governing Forex and related promotional activities, including the rules of any competent governmental or selfregulatory authority with jurisdiction over the Trader.

• It is under no pre-existing obligation that conflicts with this Agreement; and
• The Strategies and services provided will be the Trader’s original work or otherwise lawfully provided, free of third-party claims, and will not infringe any patent, copyright, trademark, trade secret, or other proprietary right.

• Standards: The Trader shall ensure that any promotional materials are lawful, compliant (including anti-spam), accurate, and not harmful to Followme’s reputation.
• Cure on Notice: On written notice from Followme that any material or method of dissemination is non-compliant or objectionable, the Trader shall immediately cease such use.
• Use of Followme Marks/References: The Trader shall not use Followme’s name, trademarks, or any promotional reference to Followme without Followme’s prior written consent.

• Inactivity: A provider account with no trading activity for more than three (3) months may be permanently suspended. For accounts linked to MT4/MT5 terminals, the permitted inactivity period is one (1) month.
• Abuse/Suspicion: Followme may disable a Trader account at any time where Followmereasonably suspects: (i) system abuse (e.g., excessive trade bursts), (ii) identity irregularities, or (iii) other conduct inconsistent with this Agreement or platform integrity.

• Convenience: Either Party may terminate this Agreement at any time for convenience by prior written notice to the other Party.
• Cause: If a Party materially breaches this Agreement, the non-breaching Party may terminate with immediate effect by written notice.
• Survival & Accrued Rights: Termination does not affect accrued rights or obligations. All provisions intended by their nature to survive (including indemnities, IP, confidentiality, limitations, and payment/chargeback reconciliations) shall survive.

• The Trader shall indemnify, defend, and hold harmless Followme and its directors, officers, employees, representatives, agents, shareholders, and affiliates from and against all losses, claims, damages, liabilities, and reasonable costs (including attorneys’ fees) arising out of or in connection with:
  • The trader’s material breach of this Agreement; 
  • The trader’s violation of law or regulation;
  • Except to the extent caused by Followme’s own violation of law, gross negligence, wilful misconduct, or bad faith.

• The Parties are independent contractors. Nothing herein creates a partnership, joint venture, fiduciary, or employment relationship. The Trader has no authority to bind Followme.

• Assignment: Followme may assign or novate this Agreement (in whole or in part) to an affiliate or in connection with a merger, acquisition, or asset transfer. The Trader may not assign, novate, transfer, encumber, or license this Agreement or any rights hereunder without Followme’s prior written consent.
• Governing Law & Dispute Resolution: This Agreement is governed by the laws of Malaysia. Any dispute not resolved by good-faith negotiation shall be finally settled by arbitrationadministered by the Asian International Arbitration Centre (AIAC) in Kuala Lumpur under the AIAC Arbitration Rules then in force. Seat: Kuala Lumpur. Language: English. Tribunal: one (1) arbitrator. Either Party may seek interim injunctive relief in the courts of Malaysia.
• Headings: Captions are for convenience only and do not affect interpretation.
• Counterparts: This Agreement may be executed in counterparts (including electronically), each deemed an original, together constituting one instrument.
• Entire Agreement: This Agreement constitutes the entire agreement with respect to the subject matter and supersedes prior understandings. No amendment is binding unless in writing and issued or accepted by Followme.
• Updates by Posting: Followme may update this Agreement. Posting a new version on the Followme Website constitutes sufficient notice; changes take effect on posting unless a later date is stated. Continued use after effectiveness constitutes acceptance.
• No Waiver: Failure to enforce any provision is not a waiver. A waiver must be in writing and applies only to the instance granted.
• Severability: If any provision is held invalid or unenforceable, the remainder remains in full force, and the invalid provision will be deemed modified to the minimum extent necessary to be enforceable.

• We may update this Agreement from time to time to reflect changes in our practices or applicable laws. Material updates will be posted on the Followme Community.