Trading License
Last updated: January 1, 2025
01 Regulatory Framework
Off-Hours Traders provides general investment advice, trading research, and signals of a general nature through its association with Wealth Wave Affiliation. The regulated activities are carried out via Mordex Asset Management, registered with and supervised by the Czech National Bank (CNB) under License Number 19819145, operating as an investment fund manager pursuant to Czech law §15 of Act No. 240/2013 Coll.
Registered address: Rybná 716/24, Old Town, Prague, Czech Republic.
02 Signal & Strategy Provider Status
Off-Hours Traders functions as a strategy provider — delivering general trading signals, market commentary, and educational content. These activities are conducted in partnership with Wealth Wave Affiliation and Acuity Research Limited (FCA Reference: 787261), which provides research and signal infrastructure under FCA oversight.
As a strategy provider, Off-Hours Traders does not hold, manage, or execute trades on behalf of clients. All execution is carried out by the individual investor through their own brokerage account.
03 Copy Trading Compliance
Copy trading signals and automated strategies offered through Off-Hours Traders are conducted in accordance with applicable ESMA (European Securities and Markets Authority) guidelines, specifically referencing ESMA Q&A 2012/382, Question 9: Article 4(1)(9) of MiFID, regarding the automated execution of trading signals.
Investors retain full control of their accounts at all times. No third party, including Off-Hours Traders or Wealth Wave Affiliation, holds power of attorney or direct access to investor funds.
04 Risk Disclosure
Approximately 68% of retail investor accounts lose money when trading CFDs. Trading leveraged financial instruments carries a high degree of risk and may not be suitable for all investors. You should carefully consider your investment objectives, level of experience, and risk appetite before engaging in any trading activity.
Past performance of any strategy or signal is not indicative of future results. You may lose more than your initial investment.
05 Investor Obligations
Each investor is independently responsible for:
- Assessing their own financial situation, risk tolerance, and investment objectives
- Ensuring that participation in copy trading or signal services is lawful in their jurisdiction
- Understanding the nature and risks of the financial instruments being traded
- Making their own independent decision to follow, partially follow, or disregard any signal
- Complying with all applicable tax obligations arising from their trading activity
06 Scope of Services
Under this licensing framework, Off-Hours Traders is authorised to provide:
- General investment research and market analysis
- Trading signals of a general, non-personalised nature
- Automated trading bot access for educational and self-directed use
- Educational trading courses and community content
Off-Hours Traders does not provide personalised investment advice, portfolio management, or discretionary asset management services.
07 No Guarantee of Results
The provision of this licensed framework does not constitute a guarantee of investment returns. All signals, strategies, and bots are provided on a best-efforts basis. Neither Off-Hours Traders nor Wealth Wave Affiliation guarantees any specific level of performance or freedom from loss.
08 Jurisdiction & Availability
Services are not directed at or available to residents of jurisdictions where the distribution or use of such services would be contrary to local law or regulation. It is your responsibility to ascertain the terms of and comply with any local law or regulation to which you are subject.
09 Contact & Verification
For licensing verification or regulatory enquiries, please refer to the official Wealth Wave Affiliation website at wealthwaveaffiliation.com or contact us through the official Off-Hours Traders community channels.