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LIMITED POWER OF ATTORNEY

Limited Power of Attorney

  • You agree that a third-party trading agent may trade your MAM, PAMM, or COPYTRADE account with Blue Dragon LLC (hereinafter "Blue Dragon").
    You are also aware of the risks and fees involved in such trading.
    You trade at your own risk and acknowledge that Blue Dragon is not responsible for any losses incurred in the trading.
  • 1. Trading Agent (Selection of Trading Agent)

    You delegate the trading of your account to a trading agent (hereinafter "Agent") at your sole discretion and responsibility.
    You agree and understand that Blue Dragon is authorized to follow the instructions of your Agent in all matters related to the account you have delegated to the Agent.

  • 2. Liability and Compensation

    You agree that any losses incurred from trading are solely your responsibility, and you accept all losses, liabilities, and other disadvantages, whether direct or indirect.
    You agree not to seek compensation for damages from Blue Dragon or the Agent.
    However, this does not apply in cases where the loss results from the Agent’s willful misconduct or gross negligence.

  • 3. Disclosure of Information to Agent

    You agree that the Agent has the authority to access your account details (deposit/withdrawal history, transaction history) for your MAM, PAMM, and COPYTRADE accounts.
    You also agree that Blue Dragon may provide your account details to the Agent.

  • 4. About Agent Trading

    You agree not to interfere with the timing of orders and settlements when the Agent trades.
    You understand that all decisions regarding trading are left entirely to the Agent.
    Blue Dragon has no involvement in the trading policies executed by the Agent on your behalf, and is not responsible for any losses in your account caused by the Agent's transactions.

  • 5. Risk of Trading

    You acknowledge that foreign exchange margin trading is high-risk and that the margin deposited with Blue Dragon may decrease or be lost.
    You are advised to trade only with risk capital — funds that, if lost, would not affect your or your family’s lifestyle.

  • 6. Agent Fees

    You understand that a portion of your trading fees may be paid to the Agent.
    You acknowledge that the Agent may have a financial incentive to trade, which could create a conflict of interest between you and the Agent.

  • 7. Contingency Fees

    You acknowledge that Blue Dragon may collect funds from your account and pay the Agent as a performance-based or contingency fee if requested by the Agent.
    Blue Dragon is not obligated to verify the accuracy or appropriateness of such requests in detail and may process them based only on formal confirmation.

  • 8. Profit Distribution Terms

    The profit distribution method for this account is determined based on the Agent’s trading structure.
    The profit distribution will follow one of the methods below:

    • Balance-linked type (general PAMM model)
      Based on the master account’s closed profit/loss, profits are allocated according to the final balance at the end of the profit distribution date (settlement date).
      If funds are transferred in/out, profits will be distributed based on the balance at the time of transfer, and may differ from the amount calculated by simply multiplying any announced daily rate.
    • Fixed-lot type (general MAM/PAMM model)
      Based on the capital ratio or lot allocation at the start of trading. The allocated lot size will remain unchanged after withdrawals, which may reduce the margin level.

    In either case, if unrealized losses exceed a certain threshold or if it is judged that other participants may be disadvantaged, Blue Dragon may temporarily withhold withdrawal approval.
    Deposits and withdrawals for this account may also be restricted or delayed depending on the Agent’s trading policy or the account’s open position status. Such restrictions are implemented to protect the trading environment for all participants.

  • 9. Cancellation

    The Agent’s authority over the trading account remains in effect until Blue Dragon receives a cancellation request from you and the delegated account setting is removed.
    If you wish to terminate the limited power of attorney for any reason, you must obtain confirmation from the Agent first and include your account number.
    Please send an email to support@bd-fx.com.

  • 10. Risk Policy

    You acknowledge that you have read and agreed to Blue Dragon’s Risk Disclosure Statement.

  • 11. Agreement and Jurisdiction

    You acknowledge that you have carefully read, understood, and agreed to the provisions contained in this Agreement.
    Any disputes arising from this Agreement shall be subject to the exclusive jurisdiction of the courts of Saint Vincent and the Grenadines.
    By mutual agreement, disputes may also be submitted to international arbitration at the London Court of International Arbitration (LCIA) or the Singapore International Arbitration Centre (SIAC).

CONTACT

Support desk
Business Hours: 24 hours /
5 days a week
GMT 00: 00-24: 00 Monday-Friday

Risk warning

Foreign exchange trading does not guarantee a customer's initial capital or the amount invested in a financial instrument. It may not be suitable for all clients as it involves a high level of risk due to the effects of currency fluctuations and leveraged trading, and the possibility of losing the entire principal amount invested as a result of the transaction. Therefore, please keep your investment within the limits of your loss tolerance. We urge you to fully understand this risk warning before you begin trading and to seek advice from a neutral financial advisor if you have any doubts.

Blue Dragon LLC is an international financial services provider duly registered in Saint Vincent and the Grenadines as an International Business Corporation (IBC) (Registration No. 1438 LLC 2021).

The information on this website is not intended for clients residing in countries where trading in Forex or CFD products is restricted or prohibited by law or regulation.