Terms of Service
Last updated: January 2024
1. Acceptance of Terms
By accessing or using AlgoTicker's no-code trading bot builder platform ("Service"), you agree to be bound by these Terms of Service ("Terms"). If you disagree with any part of these terms, you may not access the Service.
⚠️ IMPORTANT DISCLAIMER
AlgoTicker is a software tool only. We do not provide investment advice, trading recommendations, or guarantees of trading success. All trading involves substantial risk of loss, and you trade entirely at your own risk and responsibility.
2. Description of Service
AlgoTicker provides a no-code platform that allows users to create, test, and deploy automated trading strategies ("Trading Bots"). Our service includes:
- • Visual drag-and-drop bot builder interface
- • Strategy backtesting using historical data from your broker's API
- • Broker API integrations for real-time and historical market data
- • Forward testing environment using real broker data
- • Market data access through your broker's API and analytics tools
- • Customer support and documentation
3. User Responsibilities and Obligations
3.1 Account Security
You are responsible for:
- • Maintaining the confidentiality of your account credentials
- • All activities that occur under your account
- • Immediately notifying us of any unauthorized use
- • Ensuring your account information is accurate and up-to-date
3.2 Trading Strategy Development
🔧 User Responsibility
You acknowledge that our platform is like a coding environment - you can build anything. You are solely responsible for:
- • Strategy Design: Creating appropriate and effective trading strategies
- • Thorough Testing: Adequately testing strategies before live deployment
- • Risk Management: Implementing proper risk controls and position sizing
- • Market Understanding: Understanding the markets and instruments you trade
- • Legal Compliance: Ensuring your trading activities comply with applicable laws
- • Financial Suitability: Trading only with funds you can afford to lose
3.3 Prohibited Uses
You agree not to use the Service to:
- • Create strategies that manipulate markets or engage in illegal trading practices
- • Violate any applicable laws or regulations
- • Interfere with or disrupt the Service or servers
- • Attempt to gain unauthorized access to other accounts or systems
- • Use the Service for any unlawful or fraudulent activities
- • Reverse engineer, decompile, or attempt to extract source code
- • Resell or redistribute the Service without authorization
4. Limitation of Liability
CRITICAL LIABILITY LIMITATIONS
TO THE MAXIMUM EXTENT PERMITTED BY LAW, ALGOTICKER SHALL NOT BE LIABLE FOR ANY DAMAGES WHATSOEVER, INCLUDING BUT NOT LIMITED TO:
4.1 Trading-Related Losses
We are NOT responsible for:
- • Trading Losses: Any financial losses from trading activities or strategy performance
- • Missed Opportunities: Failed trades, delayed executions, or missed market opportunities
- • Strategy Performance: Poor performance of user-created trading bots or strategies
- • Market Risk: Losses due to market volatility, gaps, or adverse market conditions
- • User Error: Mistakes in strategy configuration, bot setup, or trading decisions
- • Inadequate Testing: Losses from insufficiently tested strategies
4.2 Technical Issues
We are NOT responsible for:
- • Server Issues: Platform downtime, server failures, or maintenance periods
- • Broker API Problems: Third-party broker API failures, delays, or connectivity issues
- • Internet Connectivity: Network outages, internet service provider issues
- • Third-Party Services: Failures of payment processors, data providers, or other integrated services
- • Force Majeure: Events beyond our control including natural disasters, government actions, or market closures
- • Data Accuracy: Inaccuracies in market data, pricing information, or historical data
4.3 Maximum Liability
In no event shall AlgoTicker's total liability exceed the amount you paid for the Service in the 12 months preceding the claim. This limitation applies to all claims, whether based on warranty, contract, tort, or any other legal theory.
5. Disclaimers
5.1 No Investment Advice
AlgoTicker does not provide investment advice, trading recommendations, or financial counseling. All trading decisions are made solely by you based on your own analysis and risk tolerance.
5.2 No Guarantees
We make no warranties or guarantees regarding:
- • Profitability of trading strategies
- • Accuracy of backtesting results
- • Future performance based on historical data
- • Uninterrupted or error-free service
- • Compatibility with all brokers or markets
5.3 Service "As Is"
The Service is provided "as is" and "as available" without warranties of any kind, either express or implied, including but not limited to merchantability, fitness for a particular purpose, or non-infringement.
6. Risk Acknowledgment
⚠️ TRADING RISKS
By using AlgoTicker, you acknowledge and accept that:
- • High Risk: Algorithmic trading involves substantial risk of loss
- • No Guarantees: Past performance does not guarantee future results
- • Total Loss Possible: You may lose all invested capital
- • Market Volatility: Markets can move against your positions rapidly
- • Technical Risk: Automated systems can fail or malfunction
- • Regulatory Risk: Trading rules and regulations may change
- • Your Responsibility: You are solely responsible for all trading decisions
7. Indemnification
You agree to indemnify, defend, and hold harmless AlgoTicker, its officers, directors, employees, and agents from any claims, damages, losses, or expenses arising from:
- • Your use of the Service
- • Your trading activities or strategies
- • Your violation of these Terms
- • Your violation of applicable laws or regulations
- • Any third-party claims related to your account or activities
8. Broker Integration and Third-Party Services
8.1 Broker API Relationships
AlgoTicker is a software tool that integrates with third-party brokers through their APIs to access real-time and historical market data. We do not have control over broker systems, and we are not responsible for:
- • Broker service outages or technical issues
- • Order execution delays or failures
- • Broker fees, commissions, or charges
- • Changes to broker APIs or terms of service
- • Broker account issues or restrictions
8.2 API Security
While we implement security measures for API credentials, you acknowledge that API integration involves inherent risks. You are responsible for monitoring your broker accounts and reporting any unauthorized activities.
9. Intellectual Property
9.1 Our Rights
AlgoTicker retains all rights to the platform, software, documentation, and related materials. You receive a limited, non-exclusive license to use the Service during your subscription.
9.2 Your Content
You retain rights to your trading strategies and custom configurations. However, you grant us a license to use aggregated, anonymized data for platform improvement and analytics.
10. Data and Privacy
Your privacy is important to us. Our collection and use of personal information is governed by our Privacy Policy, which is incorporated into these Terms by reference.
11. Subscription and Payment Terms
11.1 Fees
Subscription fees are charged in advance and are non-refundable except as specified in our Refund Policy. Fees may be changed with 30 days' notice.
11.2 Suspension
We may suspend or terminate your account for non-payment, Terms violations, or suspicious activities. Suspended accounts may lose access to trading bots and data.
12. Termination
12.1 By You
You may terminate your account at any time through your account dashboard. Termination is effective at the end of your current billing period.
12.2 By Us
We may terminate accounts that violate these Terms, engage in suspicious activities, or pose risks to other users or the platform.
12.3 Effect of Termination
Upon termination, your access to the Service ceases, and we may delete your account data after a reasonable period. Active trading bots will be stopped.
13. Governing Law and Disputes
13.1 Governing Law
These Terms are governed by the laws of India, without regard to conflict of law principles.
13.2 Dispute Resolution
Disputes shall be resolved through binding arbitration in Mumbai, India, except for claims related to intellectual property rights.
14. Changes to Terms
We may modify these Terms at any time. Significant changes will be communicated via email or platform notifications. Continued use after changes constitutes acceptance of new Terms.
15. Contact Information
For questions about these Terms, contact us:
- • Email: legal@algoticker.com
- • Support: support@algoticker.com
- • Phone: +91 94038 90595
- • Address: 5, 1st Floor, So Lucky Corner, Above Sunder Hotel, Opp Gawade Hospital, MG road, Vile Parle East, Mumbai - 400057
FINAL ACKNOWLEDGMENT
BY USING ALGOTICKER, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS OF SERVICE.
You confirm that you understand the risks of algorithmic trading, accept full responsibility for your trading decisions, and agree that AlgoTicker is not liable for any trading losses or technical issues.