Terms and Conditions

Last updated: January 15, 2024

1. Acceptance of Terms

By accessing and using Sovereign Trades ("the Platform"), you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by the above, please do not use this service.

2. Trading Services

Sovereign Trades provides copy trading services that allow users to automatically replicate trades from professional strategy providers. Our services include:

  • Access to curated alpha trading strategies
  • Automated copy trading functionality
  • Real-time portfolio tracking and analytics
  • Integration with Alpaca Markets for trade execution

3. Alpaca Markets Integration & Disclosures

Important Alpaca Markets Information

Securities Trading

Securities products and services are offered by Alpaca Securities LLC, member FINRA/SIPC. Alpaca Securities LLC is a wholly-owned subsidiary of AlpacaDB, Inc.

Cryptocurrency Trading

Cryptocurrency services are made available by Alpaca Crypto LLC. Alpaca Crypto LLC is not a member of FINRA or SIPC. Cryptocurrencies are not stocks and your cryptocurrency investments are not protected by either FDIC or SIPC.

Investment Advisory Services

Investment advisory services are offered by Alpaca Advisors LLC, an SEC registered investment adviser. Alpaca Advisors LLC is a wholly-owned subsidiary of AlpacaDB, Inc.

Customer Agreement

By using Alpaca Markets services through our platform, you agree to be bound by the Alpaca Customer Agreement:

Alpaca Customer Agreement (PDF)

Additional Disclosures

For comprehensive disclosure information, please visit:

Alpaca Customer Disclosures

Required Alpaca Markets Disclosures

The following disclosures are made available as required by Alpaca Markets. These documents contain important information about trading risks, terms of service, and regulatory requirements.

Use and Risk Disclosure

Important information about trading risks and platform usage

PDF

Terms and Conditions

Alpaca Markets terms of service and platform usage agreement

PDF

Privacy Notice

How Alpaca Markets collects, uses, and protects your personal information

PDF

Payment for Order Flow (PFOF)

Disclosure regarding payment for order flow arrangements

PDF

Margin Disclosure Statement

Important information about margin trading risks and requirements

PDF

Extended Hours Trading Risk

Risks associated with trading outside regular market hours

PDF

Business Continuity Plan Summary

Information about Alpaca's business continuity and disaster recovery plans

PDF

Form CRS (Customer Relationship Summary)

Summary of the types of services provided and fees charged

PDF

4. Risk Disclosure

⚠️ Important Risk Warning

Trading Risk: All trading involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results.

Copy Trading Risk: Copy trading involves additional risks as you are replicating trades made by third parties. Strategy performance may vary significantly.

Market Risk: Securities prices can be volatile and may decline in value. You may lose some or all of your investment.

No Guarantee: No trading strategy or advice can guarantee profits or prevent losses.

5. User Responsibilities

By using our platform, you agree to:

  • Provide accurate and complete information during registration
  • Maintain the security of your account credentials
  • Comply with all applicable laws and regulations
  • Not engage in any fraudulent or manipulative activities
  • Understand the risks associated with trading and copy trading
  • Review and understand all Alpaca Markets disclosures and agreements

6. Fees and Charges

Sovereign Trades charges performance-based fees on profitable trades. Strategy providers set their own profit-sharing percentages, typically ranging from 10% to 25% of profits generated. Additional fees may include:

  • Platform usage fees (if applicable)
  • Third-party broker fees (charged by Alpaca Markets)
  • Regulatory fees as required by law
  • Payment for order flow as disclosed in Alpaca's PFOF disclosure

7. Limitation of Liability

Sovereign Trades shall not be liable for any direct, indirect, incidental, special, or consequential damages resulting from the use or inability to use our services. This includes, but is not limited to, damages for loss of profits, data, or other intangible losses.

8. Privacy and Data Protection

Your privacy is important to us. Please review our Privacy Policy to understand how we collect, use, and protect your personal information. By using our services, you consent to the collection and use of information in accordance with our Privacy Policy and Alpaca's Privacy Notice.

9. Modifications to Terms

We reserve the right to modify these terms at any time. Changes will be effective immediately upon posting on our website. Your continued use of the platform after any changes constitutes acceptance of the new terms.

10. Governing Law

These terms shall be governed by and construed in accordance with the laws of the United States and the state of Michigan, without regard to conflict of law principles.

11. Contact Information

If you have any questions about these Terms and Conditions, please contact us:

Sovereign Trades

Email: info@riecomp.org
Phone: 248-238-8245

Mailing Address

Riemann Computing Inc.
801 W Big Beaver Rd.
Ste - 300 MB #38
Troy, MI 48084