Terms of service — Elch Trade
Legal

Terms of service

By creating an account or using Elch Trade you agree to these terms. They are written in plain English on purpose.

Last updated: June 1, 2026

What Elch Trade is

Elch Trade is a software service that watches the Binance USDT-M Futures market in real time, surfaces high-confidence setups, and provides a dashboard for you to manage trades on your own Binance account.

Elch Trade is not a financial advisor, fund manager, broker, exchange, or custody provider. We do not hold your money, we do not take discretionary decisions about your trades, and we do not promise any specific outcome.

Who can use the service

You must be 18 or older and legally able to enter into a binding contract in your jurisdiction.

You must be allowed to trade cryptocurrency derivatives where you live. It is your responsibility to know your local rules. We are not licensed as a securities broker anywhere.

You must own and control the Binance account you connect. Sharing the service with someone else’s Binance account is not allowed.

The performance fee

You pay nothing to start, nothing to set up, and nothing on losing days.

On any calendar day (UTC) where you finish in net realized profit on trades the system was involved in, you owe a performance fee equal to 20% of that day’s realized profit.

Realized means closed. Open positions do not trigger a fee until you actually close them.

Losses do not carry forward — every day stands on its own. A losing Monday does not reduce a profitable Tuesday’s fee.

Payment is made manually via Binance UID transfer. The exact amount and our receiving UID appear in your dashboard. You upload the reference number and we verify it. Until verified, your daily fee is shown as owed.

If a verified daily fee remains unpaid for more than 7 days, automated entries are paused until the balance is cleared. Your existing positions remain untouched and you can continue to manage them.

If we make a calculation error, contact us and we will correct it within 7 days.

Your responsibilities

Use a futures-only API key with withdrawals disabled and IP allowlisted to our server. We will not accept a key with withdrawal permission.

Keep your dashboard password secure. We will never ask for it in an email or chat.

Understand that trading crypto derivatives carries the risk of losing your entire margin and more. See the risk disclosure for details.

Comply with your local tax and reporting obligations. We provide an exportable trade history; we do not file taxes for you.

What we do not promise

We do not promise that any signal will be profitable. Past performance does not predict future results.

We do not promise that the service will be available without interruption. We aim for high uptime but maintenance, internet outages and Binance API issues happen.

We do not promise to support every Binance pair forever. If a pair is delisted, suspended or in a degraded state, we will skip it.

Suspension and termination

You can close your account from the dashboard at any time. Any unpaid verified fees remain owed.

We can suspend or close your account if you violate these terms, abuse the service, or attempt to game the fee calculation. We will tell you why and refund any unused balance.

Liability

To the maximum extent permitted by law, our total liability to you for any claim relating to the service is capped at the performance fees you paid us in the 12 months before the claim arose.

We are not liable for trading losses, missed signals, exchange outages, or any consequential or indirect loss.

Changes to these terms

If we make a meaningful change to these terms, we will email you at least 14 days before the change takes effect. You can close your account at any time during that window without owing anything beyond fees already verified.

Governing law

These terms are governed by the laws of Estonia. Disputes that cannot be resolved by email are subject to the exclusive jurisdiction of the courts of Estonia.