By using or purporting to use our services, you acknowledge that you have read and understood the risk disclosures and disclaimers set forth below and you agree that M/s. Roialgo Solutions Private Limited (herein after referred to as “Roialgo”) bears no responsibility with respect to any investment related losses or damages which you may incur through your use of our Services, whether direct or indirect, consequential, or incidental. You also agree that Roialgo offer no guarantees nor does it set any expectations with respect to your algorithmic trading performance through our services.
General Trading Risks
There is very high degree of risk in trading of securities in financial or similar markets. Our services include products that are traded on margin and carry a risk of losses in excess of your deposited funds and that your use of our services and any decision you make in reliance on the services, including any trading or investment decisions or strategies, are made at your own risk and you are solely liable and responsible for all the investment decisions taken by you. Trading creates additional risk and loss of investment. Before you decide to trade, carefully consider your investment objectives, level of experience and risk tolerance.
Algorithmic Trading Risk
Internet-based algorithmic trading carries risks including, without limitation (i) design errors such as technical inaccuracies, typographical errors or omissions, and logical programming and algorithm errors, (ii) data errors such as data inaccuracies, incomplete or broken data, (iii) problem in internet connectivity, unavailability of platform, uTrade’s services outages, and/or online transfer interruptions or failures or delays including, without limitation, incomplete or stalled connectivity with Brokerage Partners or multiple order placements arising from multiple rapid clicks in quick succession, (iv) malicious or criminal compromise of trading accounts, and (v) trading failures or incomplete trades arising from the risks set forth in (i)-(iv) above. You acknowledge and understand that the technical indicators, conditions, and other inputs used to create an algorithm are determined by you. You also acknowledge and understand that the trigger conditions set for placing a trade on your behalf are set by you. You are solely responsible for your inputs and the conditions set. The quality of the analysis and optimization depends on your inputs. You must carefully review all input parameters in all ways necessary to ensure their accuracy and fidelity. While there are other factors governing analysis and optimization accuracy, the quality of the outputs depends on the accuracy of your inputs. It is entirely your responsibility to assess the appropriateness, suitability, and practicality of the solutions generated by our services. It is also your own responsibility to ensure that the trade is executable and manageable, and appropriate for your needs.
Subscription Fee
You shall pay a non-refundable subscription fee (the ‘Fee’) for using our services. You acknowledge and agree that Roialgo will not provide any refunds for the Fee under any circumstances. The Fee is payable in advance for the specified subscription period, as agreed upon by Roialgo and you. In the event of termination of the subscription before the end of the subscription period, you shall not be entitled to any refund or prorated refund of the Fee. Roialgo reserves the right to modify the Fee or introduce new fees at its sole discretion, and such changes shall be effective upon notice to you. It is your responsibility to review and accept any changes to the Fee prior to continuing to use the Service. Roialgo may, at its sole discretion, suspend or terminate the Service without any liability or obligation to provide a refund, if you violate any of the terms and conditions of the subscription. By subscribing to the Service, you acknowledge and agree to the non-refundable nature of the Fee, and waive any and all claims for refunds or reimbursements against Roialgo for any reason, including but not limited to dissatisfaction with the Service, changes in market conditions, or any other circumstances.
No Investment Advice
Internet-based algorithmic trading carries risks including, without limitation (i) design errors such as technical inaccuracies, typographical errors or omissions, and logical programming and algorithm errors, (ii) data errors such as data inaccuracies, incomplete or broken data, (iii) problem in internet connectivity, unavailability of platform, Roialgo’s services outages, and/or online transfer interruptions or failures or delays including, without limitation, incomplete or stalled connectivity with Brokerage Partners or multiple order placements arising from multiple rapid clicks in quick succession, (iv) malicious or criminal compromise of trading accounts, and (v) trading failures or incomplete trades arising from the risks set forth in (i)-(iv) above. You acknowledge and understand that the technical indicators, conditions, and other inputs used to create an algorithm are determined by you. You also acknowledge and understand that the trigger conditions set for placing a trade on your behalf are set by you. You are solely responsible for your inputs and the conditions set. The quality of the analysis and optimization depends on your inputs. You must carefully review all input parameters in all ways necessary to ensure their accuracy and fidelity. While there are other factors governing analysis and optimization accuracy, the quality of the outputs depends on the accuracy of your inputs. It is entirely your responsibility to assess the appropriateness, suitability, and practicality of the solutions generated by our services. It is also your own responsibility to ensure that the trade is executable and manageable, and appropriate for your needs.
Backtesting And Data
All algorithms are based on back tested data but we do not provide any guarantee for their performance in future. Backtesting results are hypothetical and simulated on historical data. Past performance from backtesting is NOT an indicator of the future performance of the algorithm or strategy. The performance results have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. These trades have not actually been executed and these results may have been under-or over-compensated for the impact. Roialgo makes no representation that any algorithm will or is likely to achieve profits or losses similar to those backtested. The algorithm running mechanism in the automated system is verified and acknowledged by the user prior to deployment and we will not accept any responsibility or liability for losses, if any, generated by the algorithm. Past performance of our offered strategy/model does not indicate the future performance of any current or future strategy/model offered by Roialgo and actual returns may differ significantly from the backtested results due to various factors including but not limited to impact costs, expense charged, timing of entry/exit, market conditions and specific portfolio construction characteristics etc. There is no assurance or guarantee that the objectives of any strategy/model offered by Roialgo will be achieved. Neither Roialgo nor any of its associates, employees, agents and/or representatives assure/give guarantee for any return on the investment in strategies/models offered to the investor/client. The value of investments can go up/down depending on multiple factors and forces affecting securities markets. Roialgo or its associates shall not accept any responsibility for any losses or shortfall in expected profits attributable to market conditions.
Warranty
Our services are being offered to you on “AS IS” and “AS AVAILABLE” basis with all its’ faults and defects without warranty of any kind. To the maximum extent permitted under applicable law, the Company, on its own behalf and on behalf of its Affiliates and its and their respective licensors and service providers, expressly disclaims all warranties, whether express, implied, statutory or otherwise, with respect to its services, including all implied warranties of merchantability, fitness for a particular purpose, title and non-infringement, and warranties that may otherwise arise in relation to actual or proposed use of our services. Without limitation to the foregoing, the Company provides no warranty or undertaking, and makes no representation of any kind that the Roialgo’s services will meet your requirements, achieve any intended results, be compatible or work with any other software, applications, systems or services, operate without interruption, meet any performance or reliability standards or be error free or that any errors or defects can or will be corrected.
Compliance With Applicable Laws And Regulations
The use of our services is subject to your compliance with applicable laws and regulations. You are solely responsible for complying with all applicable laws and regulations related to your use of our services.
