Candella Copytrade Addendum

Last updated: 2026-05-09

This Addendum supplements and is made a part of the Candella Terms of Service at candella.dev/terms (the "Master Terms"). Capitalized terms used but not defined here have the meanings given in the Master Terms.

This Addendum applies to your use of Candella Copytrade ("Copytrade"), the copy-trading product offered through the Service. By enabling Copytrade in your account, by subscribing to a lead trader, or by enrolling as a lead trader, you accept this Addendum. If there is any conflict between this Addendum and the Master Terms with respect to Copytrade, this Addendum controls.

1. Definitions

• Lead Trader. A user who has elected to publish their trades on Copytrade so that other users can subscribe to mirror those trades.
• Follower. A user who has subscribed to one or more Lead Traders so that selected trades from those Lead Traders are mirrored into the Follower's connected brokerage account.
• Mirroring. The process by which the Service detects a trade in a Lead Trader's connected brokerage account and submits a corresponding order to a Follower's connected brokerage account, sized and adjusted according to the Follower's subscription settings.
• Manual Approval Mode. The default Copytrade execution mode, in which each mirrored order is presented to the Follower for review and confirmation before the Service submits it to the Follower's brokerage.
• Automated Mode. An optional execution mode, in which the Service submits mirrored orders to the Follower's brokerage without per-order confirmation, subject to the Follower's pre-configured limits and the activation rules in Section 5.
• Sponsorship Code. A code issued by a Lead Trader to a specific person, which is required for that person to subscribe to that Lead Trader.

2. Eligibility for Copytrade

To use Copytrade, in addition to the eligibility requirements in the Master Terms, you must have a connected brokerage account that supports trading through SnapTrade. Read-only brokerage connections cannot be used as a Lead Trader account or a Follower account for Copytrade.

3. Lead Trader Terms

If you elect to be a Lead Trader, the following terms apply.

No advisory relationship. As a Lead Trader, you do not enter into an advisory, fiduciary, or principal-agent relationship with any Follower. You are not providing investment advice, recommending securities, or managing assets for any Follower. You are publishing the fact of your own trades; the decision to mirror those trades is the Follower's.

No representation about future returns. You agree not to make claims to current or prospective Followers, on the Service or off it, about future profits, expected returns, win rates, or risk-adjusted returns of your trading. You agree not to misrepresent your trading history, professional credentials, or the nature of your trading activity.

No registration. Candella will not file you with any securities regulator. If your activity as a Lead Trader requires registration as an investment adviser, broker-dealer, commodity trading adviser, or any other regulated capacity, that registration is your responsibility, not ours. You agree to comply with all applicable laws.

Sponsorship Codes. Subscriptions to your trades are gated by Sponsorship Codes that you issue. You may issue Sponsorship Codes to specific individuals, may revoke them, and may set the maximum number of Followers per code. The Service is not a public marketplace, and you may not publicly distribute Sponsorship Codes in a way intended to attract a general audience of unspecified investors.

Algorithmic and non-human profiles. A Lead Trader profile that is algorithmic, automated, or otherwise not operated by a single identified human individual ("Algorithmic Profile") is permitted on Copytrade only as a signal source. Followers subscribed to an Algorithmic Profile may use Manual Approval Mode only; Automated Mode is disabled for Algorithmic Profiles at the platform level. This restriction is a feature of the Service and is not subject to override by you, the Follower, or any subsequent agreement between you and a Follower.

Trades are yours. Trades you place in your own brokerage account are placed by you, in your name, on your account, with your funds. The Service does not place trades for you in your account. Mirroring sends corresponding orders to other users' accounts only.

Termination. You may stop publishing as a Lead Trader at any time by changing your account settings. We may suspend or remove a Lead Trader profile that violates this Addendum, the Master Terms, or applicable law.

4. Follower Terms

If you subscribe to a Lead Trader, the following terms apply.

Authorization to mirror. By subscribing to a Lead Trader, you authorize the Service to detect that Lead Trader's trades and to submit corresponding orders to your connected brokerage account, subject to your subscription settings and the execution mode you have selected. Each subscription is a separate authorization for that specific Lead Trader.

You are the principal. Orders mirrored into your account are placed by you, through the Service, on your authority. The Service is your agent for the limited purpose of placing the orders you have authorized; the Service is not your investment adviser. You bear all risk of the resulting positions and any losses.

Risk acknowledgment. You acknowledge that copy trading is risky. The Lead Trader you subscribe to may make poor decisions, may engage in unprofitable strategies, may take outsized risk, may stop trading, may take actions you would not have authorized had you reviewed them, or may simply have a bad day, week, month, or year. The Lead Trader does not owe you a duty of care, a duty of loyalty, or any other fiduciary duty, and is not responsible to you for your losses.

Sizing and limits. You configure the parameters under which orders are mirrored to your account, including position sizing methodology, per-position size caps, per-account daily exposure caps, instrument exclusions, and asset class restrictions. The Service applies your parameters before submitting any order. You are responsible for setting parameters that match your risk tolerance and your brokerage's rules.

Broker rejections. Your brokerage may reject mirrored orders for many reasons, including insufficient funds, options approval level, pattern day trader rules, day trade buying power, restricted securities, market hours, and rules specific to that brokerage. The Service does not guarantee that any mirrored order will be accepted or executed. If a mirrored order is rejected by your brokerage, the Service will not retry it on your behalf without your re-authorization, except as expressly permitted by your subscription settings.

Slippage and timing. Orders mirrored to your account are submitted after the Lead Trader's trade has been detected by the Service. Detection is not instantaneous and execution at your brokerage is not instantaneous. The price you receive may be materially different from the price the Lead Trader received. The Service does not guarantee any specific timing or price.

Termination of subscription. You may unsubscribe from a Lead Trader at any time. Unsubscribing stops new mirrored orders from being submitted; it does not close, reverse, or modify positions already in your account. Closing positions is a separate action you take through your brokerage or through the Service.

5. Manual Approval Mode and Automated Mode

Manual Approval Mode is the default. When you first enable Copytrade, all subscriptions operate in Manual Approval Mode. In this mode, every mirrored order is presented to you for review and confirmation before the Service submits it to your brokerage. If you do not confirm within the order's time-to-live, the order is not submitted.

Automated Mode is opt in. You may opt in to Automated Mode for a specific subscription. Opting in requires:

1. An explicit, affirmative action by you in the Service interface (not a default-checked box, not bundled into another consent flow).
2. Your acknowledgment of the additional risk disclosures specific to Automated Mode.
3. Your configuration of the limits and caps that will apply to Automated Mode for that subscription.
4. Activation on a per-session basis, where a session is bounded by a time window that you set, not exceeding the session length the Service permits.

Automated Mode is revocable at any time. You may revoke Automated Mode for any subscription at any time, with immediate effect for new orders. Revocation does not affect orders already submitted.

Automated Mode is not available for Algorithmic Profiles. If a Lead Trader you subscribe to is an Algorithmic Profile, Automated Mode is unavailable for that subscription regardless of your other settings.

Automated Mode caps are enforced before submission. The Service evaluates your configured caps and limits before submitting any order in Automated Mode. Orders that would exceed your caps are not submitted; you are notified and may choose to handle them through Manual Approval Mode instead.

Logging. Every mirrored order, in either mode, is logged and made available to you for review.

6. Sponsorship Codes and Subscription Fees

A Lead Trader may charge a subscription fee for access to mirror their trades. We may collect that fee on the Lead Trader's behalf and remit it net of any platform fee disclosed at the time of subscription. Subscription fees are governed by the same billing terms as the Master Terms.

A Sponsorship Code that is revoked or expired no longer entitles the holder to mirror the Lead Trader's trades. Existing subscriptions tied to the revoked code are deactivated.

7. Specific Risk Disclosures for Copytrade

In addition to the risk disclosures in the Master Terms, you acknowledge that:

• Past performance does not predict future returns. A Lead Trader's historical performance, even if accurately reported, is not a guarantee or indication of future results.
• You may lose more than you expect. Margin trades, options trades, and trades in volatile securities can produce losses larger than the position size suggests.
• The Lead Trader may have advantages you do not have. A Lead Trader may have access to information, tools, capital, or risk tolerance that you do not. Mirroring their trades does not transfer those advantages to you.
• Mirrored orders are not identical to original trades. Differences in account size, available funds, options approval, broker behavior, and timing mean your results will differ from the Lead Trader's, sometimes materially.
• Automated Mode can amplify losses. Without per-order review, you may not learn of a problematic mirrored order until it has already executed.
• Broker, SnapTrade, or platform outages can prevent mirroring. During an outage, you may receive a partial copy of the Lead Trader's activity, or none at all.

8. No Investment Advice; No Fiduciary Duty

Nothing in this Addendum, no statement made by Candella in connection with the Service, and no statement made by a Lead Trader on the Service constitutes investment advice from Candella. Candella does not act as a fiduciary, investment adviser, broker-dealer, financial planner, or registered representative for any user. Lead Traders do not act as a fiduciary or investment adviser to Followers in connection with their use of the Service.

9. Modifications to This Addendum

We may update this Addendum from time to time. The notice procedures in the Master Terms apply. If a material change to this Addendum substantively reduces the protections available to you (for example, by enabling Automated Mode by default), we will require an explicit re-acceptance from you before the change takes effect for your account.

10. Contact

For questions about Copytrade or this Addendum, contact us using the information in the Master Terms.