Tax & Regulatory Documents

Regulatory status

Royal Clover LLC is a Wyoming limited liability company that operates a proprietary crypto perpetual futures trading account and offers a copy trading service.

Royal Clover is not a registered investment adviser, broker-dealer, commodity trading advisor, commodity pool operator or fund, and is not registered with the SEC, the CFTC or the NFA. We do not provide investment advice and do not manage client funds on a discretionary basis. Trades in client accounts are replicated automatically by software from our own trading account.

Our services may not be available in every jurisdiction. It is your responsibility to make sure that using them is lawful where you live. See our Risk Disclosures and Terms of Service for details.

Tax information

Royal Clover does not provide tax advice and does not prepare tax returns. You are responsible for determining and reporting any taxes that apply to your trading activity.

Depending on where you live, tax may apply to:

• Realized profits and losses from closed perpetual futures positions
• Funding payments paid or received while positions are open
• Trading fees and Royal Clover’s service management fee
• Deposits, withdrawals and conversions between assets

Tax treatment of crypto derivatives differs widely between countries and changes often. Please speak with a qualified tax professional in your jurisdiction.

Your records

Client accounts run on Hyperliquid, where every trade, funding payment and transfer is recorded on a public ledger. That gives you and your tax preparer a complete, timestamped history of your account activity, and your client dashboard shows the same activity in one place.

Company account transparency

Our own trading account is published in full on the Live Performance page, read directly from the Hyperliquid ledger, including closed trades, fills, deposits and withdrawals.

Questions about these documents? Contact us.