Legal & Compliance
[ Last Updated on 2025 May 21 ]
Terms & Conditions Of Use
For the purpose of this Contract (the “‘Terms & Conditions Of Use’ Contract”), the following definitions are used:
- the terms (the “VTC Company”, “Company”, “Author”, “We”, “Us” or “Our”) shall mean ‘VANITIN Three Commas Private Limited’, incorporated on Date August 23 2018, in India, with the Company Identification Number U93090HP2018PTC007126, and include, without limitations, its respective successors and permitted assigns. Authorized Signatory & one of its Directors, Mrs Vani Sardana, has an alternate Business Address at: #C-35, 2nd Floor, Lane 2, Sector 1, New Shimla, Shimla – 171009, Himachal Pradesh, India. The Company now has its Headquarters in the UK and a Research Office in Switzerland.
- the term (the “VTC Community”) shall mean VANITIN Three Commas Private Limited, its shareholder(s) or owner(s) or director(s) or employee(s) or agent(s) or licensor(s) or third-party supplier(s), and include, without limitations, their respective successors and permitted assigns.
- the term (the “VTC Site”) shall mean the Website located at (https://forexalgos.com, and any sub domains), and owned by the Company, VANITIN Three Commas Private Limited, regardless of how you access or use it, including through Desktops, Laptops, Tablets, Mobile Phones, or any other device.
- the term (the “VTC Services") shall mean any Information, Content, Products, White Papers, Industry Reports, Articles, Editorials, eBooks, Research related Content, Offers, Memberships, Subscriptions, Services, Recommendations, Suggestions or Advice, collectively, within the Website located at (https://forexalgos.com, and any sub domains).
- the terms (the “You” or “Your”) shall mean You, the viewer(s) or user(s) or subscribers(s) or client(s) or licensee(s) or buyer(s)/beneficiaries(s) of “VTC Services" or ForexAlgos' Club Member(s), of Website (https://forexalgos.com, and any sub domains), and include, without limitations, their respective successors and permitted assigns.
- the term (the “ForexAlgos’ BlackBox”) shall mean the AI Robotic Trading System/Strategy that generates defined set of trade signals for further use, developed by the Company VANITIN Three Commas Private Limited, and provided as one of its available Services, through the Website (https://forexalgos.com, and any sub domains).
In this ‘Terms & Conditions Of Use’ Contract, unless the context requires a different interpretation:
- the singular includes the plural and vice versa.
- references to sub-clauses, clauses, schedules, or appendices are to sub-clauses, clauses, schedules, or appendices of this ‘Terms & Conditions Of Use’ Contract.
- a reference to a person or user includes any person(s), user(s), firm(s), company or companies, government entity or entities, trust(s) and partnership(s).
- "including" is understood to mean "including without limitation".
- reference to any statutory provision includes any modification or amendment of it.
When you visit or access the VTC Site, and/or use the VTC Services provided through the VTC Site, and/or successfully signed up as user/member, or ForexAlgos Club Member at the Website, a legally binding Contract as per the ‘Terms & Conditions Of Use’ Contract is immediately and automatically entered between You and Us. So, by visiting, accessing, or using the VTC Site, you have indicated that you are at least eighteen (18) years old, and you have the legal capacity to make an offer to enter into this ‘Terms & Conditions Of Use’ Contract, and giving your full consent to it, which we have also accepted hereby. Thus, your visit or access to the VTC Site, serves as your representation that you have read, understood, acknowledged, accepted, and entered into this ‘Terms & Conditions Of Use’ Contract, in all manners whatsoever maybe.
VTC Company may modify this ‘Terms & Conditions Of Use’ Contract at any time, and such modifications shall be effective immediately upon posting of the modified ‘Terms & Conditions Of Use’ Contract on the VTC Site. And you agree to review the ‘Terms & Conditions Of Use’ Contract periodically to be aware of such modifications, and your continued access or use of the VTC Site shall be deemed your conclusive acceptance of the modified ‘Terms & Conditions Of Use’ Contract also, in all manners whatsoever maybe.
This ‘Terms & Conditions Of Use’ Contract is made only in the English language. If there is any conflict in the meaning of the English language version of this ‘Terms & Conditions Of Use’ Contract and any version or translation of it in any other language, the English language version shall prevail.
This ‘Terms & Conditions Of Use’ Contract is provided in a tabbed format so you can go through to the specific areas as set out, by clicking on these sub-Tabs.
The last modified or updated date of this ‘Terms & Conditions Of Use’ Contract is mentioned near the Main Tab Heading as, Last Updated on .
The ‘Terms & Conditions Of Use’ Contract sets out the sections as below.
In the event that the VTC Services are mistakenly listed at incorrect price(s) on the VTC Site, the Author reserves the right to refuse or cancel any such orders, and/or subscriptions placed for the VTC Services listed at an incorrect price(s), whether or not the order(s) has/and/or subscriptions have been confirmed and your payment method(s) has/have been charged or completed.
This clause shall also be applicable to any, due(s) or outstanding(s) or invoice(s)/bill(s), against the VTC Services.
You may not do the following acts without express written consent from the VTC Company:
Copy, display, modify, use, reproduce, republish, adapt, prepare derivative works based on, perform, publish, upload, post, transmit, broadcast, sell, license, rent, lease, sublicense, assign, transfer, distribute, and/or exploit any of the pages, name, logo, graphics, sounds, texts, images, layouts, materials, data, databases, and/or other contents, of the VTC Site, including without limitation, trades signals and/or trades information, provided by the ForexAlgos’ Black Box, in any form or by any medium, and for any purpose whatsoever maybe.
The VTC Site is for the use of clients and potential clients of VTC Company. It is not to be used by any other third party, or investment advisor(s), or investment professional(s), as an information/marketing material(s), sources, asset allocators, risk tolerance assessments, or for any other purposes whatsoever maybe.
These acts are strictly prohibited and subject to prosecution under International Copyright & Trademark Laws, Indian Copyright Act, and Indian Trademark Laws.
We own and protect all the exclusive rights of the ForexAlgos’ BlackBox, including without limitation, it’s programming code, and design, and use.
It is illegal to try to reverse engineering its code and design, any User or third party, found to be doing this, will be prosecuted through legal proceedings for abuse of Intellectual Property Rights. We reserve all the available legal rights to prosecute any infringers, in court and/or through other authorities, in order to protect our Intellectual Property Rights.
Each user and/or client and prospective client agree, as a condition precedent to his/her/its access to the VTC Site, to release and hold harmless the VTC Company, its officers, directors, owners, shareholders, employees, licensors, and agents, from any and all adverse consequences resulting from any of his/her/its actions and/or omissions.
By using the VTC Site, you are agreeing that you bear full responsibility for your own study, knowledge, research, trading or investment decisions and you agree that the VTC Company shall not be liable for any decision(s) made or action(s) taken by you or others in reliance upon any Information or the VTC Services published at the VTC Site.
You are responsible for all statements made and/or acts that occur through the use of your user/member details such as login and password. You agree and understand that you are responsible for maintaining the confidentiality of this sensitive information which, together with your e-mail address, username, and password, allows you to access certain portion(s) and/or member room area(s) of the VTC Site.
You agree to indemnify, defend, and hold harmless the VTC Company and the VTC Community, from and against (including, without limitation):
- all direct or indirect or consequential or incidental - claims, liabilities, expenses, costs, damages, or losses, or lost savings, or lost profits, or any special, punitive, or other damages whatsoever,
- damages for loss of business profits (whether direct or indirect), loss of contracts, business interruption, loss of business information, costs associated with recreating lost data, the cost of any substitute program, goodwill, anticipated savings, data or other intangible loss or any pecuniary loss of any nature arising out of this Agreement,
- any loss or injury caused in whole or in part by the VTC Company’s negligence (whether active, passive, or imputed), or by contingencies, or VTC Services liability, strict liability, or other theory, arising out of or relating to your use of the VTC Site and VTC Services,
- our attorneys' fees or such expenses and costs,
(all points as mentioned above – a. to d.), Resulting from:
- any violation of these ‘Terms & Conditions Of Use’ Contract and/or any reason(s) whatsoever maybe,
- any activity, related to Your account (including negligent or wrongful conduct), by You or any other person accessing the VTC Site using Your user/member login, and/or account details,
- information you post or upload to the VTC Site or any violation by You of your obligations under our Terms & Conditions Of Use, or your infringement, or infringement by any other user of your account, of any intellectual property or any other rights of anyone,
- the use of or inability to use the VTC Site, whether resulting from impaired or lost data, or any other cause whatsoever maybe, even if the Company has been advised of the possibility of such damages, resulting from your use of VTC Services, or downloading of any Information or from any decisions you may make based upon such Information or VTC Services,
- unauthorised access to the VTC Site, or alteration of any Information including, without limitation, your transmissions of data to the VTC Site, or use of your subscription or membership of the VTC Site,
- any statement(s), claim(s), or conduct(s) of any third party on the VTC Site,
- any other matter(s) relating to the VTC Site, and/or related or linked website(s),
- your inability to use the VTC Site due to any reason whatsoever maybe.
As regards to forex currency pairs traded worldwide, and to the extent feasible, the VTC Site may provide you access to online current prices and trade-related data (the “Market Data”). Such Market Data may include the streaming of quotes, market volume information, as well as public announcements or news, related to these forex currency pairs. Any such Market Data will be displayed on an “as is” basis, i.e., as received from our Market Data provider, and will include information that is available in a specific exchange. In this context, the prices of a specific forex currency pairs, that are displayed in the Market Data may be different from the prices of the same forex currency pairs in other exchanges or markets.
Access to Market Data or any part thereof, is provided to you exclusively for internal/personal use. You may not distribute, furnish, or otherwise permit, or provide access to the Market Data to any other person, or third party, or place, or for any illegal purpose or violation of any regulatory requirements. You may not present the Market Data rendered in any unfair, misleading, or discriminatory format.
The accuracy of Market Data, available through or used in conjunction with the VTC Site, should be checked before you rely on it.
Your full name provided by you, on your User/Member Account with us:
- must match your true and legal name and identity,
- must match the name on the payment accounts used to buy membership(s) or subscription(s) or ForexAlgos' BlackBox, and to send monies to us,
- must match with Brokerage accounts and,
- must match with trading terminal account titles, to further connect with the ForexAlgos' BlackBox.
To verify your identity, we may request you at any time:
- satisfactory proof of identity (including but not limited to copies of a valid passport/identity card and/or any payment cards used), and
- satisfactory proof of address (including but not limited to a recent utility bill or bank statement).
In the event Client is a corporate entity, Client shall provide its formation documents and information sufficient for us to determine the corporate or business entity’s identity, and the authority of its business representative to act on its behalf, as well as the business representative’s identity.
If you do not supply such documentation to us, we may suspend or terminate your Member Account and we may withhold the account balance until you supply such documentation, and our verification process is completed satisfactorily.
By opening and/or operation of your User/Member Account on the VTC Site, you represent and certify to the VTC Company that:
- all amounts of money that you have used to buy membership(s) or subscription(s) or ForexAlgos' BlackBox, belong to you, and are from a legal source and do not derive from acts or activities falling within the prohibitions of the laws on the prevention and suppression of money laundering,
- generally, you shall comply with the legal provisions and shall not engage in illegal or prohibited actions or practices, with respect to your funds, that you pay or send to us.
At the start of each weekly trading session by the ForexAlgos’ BlackBox, we will verify if a client’s trading account balance covers all the required minimums for the Income Programs as selected by the client. If the account balance is below what is required, we will deactivate the connection of clients trading account to the ForexAlgos’ BlackBox, until the account balance meets the required minimums.
The suggested and required initial capital amounts for connecting clients trading accounts, as per respective Income Programs, are calculated based on a proprietary risk analysis methodology designed by the ForexAlgos’ BlackBox, which results in starting capital amounts roughly 3 times the expected maximum drawdown of the trading strategy/system. However, no guarantee, expressed or implied, is given that the system cannot lose more than 1/3 of the suggested starting capital amount. Indeed, as the disclaimer above states - you may sustain a total loss of the initial capital funds and any additional funds that you deposit with your broker to establish or maintain positions in the forex market. Also, the expected returns as shown in Income Programs Page, excludes broker’s commissions and slippages, and/or any other charges.
VTC Company does not act as a broker/dealer or qualified custodian of client assets. You are solely responsible for selection and opening and maintaining a forex trading account with a Broker. Thus, the choice of your Broker shall be made exclusively by you and your relationship with such Broker shall be governed by the agreement entered into between you and your Broker. We shall make available to you, through the VTC Site, a list of the suggested or recommended Brokers, solely for your convenience.
You hereby authorize VTC Company to access the trading account held by you with your Broker, via all appropriate technical means, and to the extent necessary, in order:
- to connect the ForexAlgos’ Black Box to your trading account in a way to allow the introduction of the signals resulting from the operation of the ForexAlgos’ Black Box in your provided trading account,
- to obtain full information about your trading account, in order to be able to provide comprehensive information to you via the members area,
- to obtain information regarding your identification, for the purpose of providing the VTC Site and/or the VTC Services to you, receiving payments and fees from you and complying with any applicable rules, including for the prevention of money laundering,
- to proceed to any other necessary consultation and collaboration with your broker in order for the purpose of this ‘Terms & Conditions Of Use’ Contract to be fulfilled.
We shall not be liable for any unsupported use cases which may conflict or limit the VTC Services from operating correctly, such as, but not limited to, duplicating/copying/mirroring of ForexAlgos’ Black Box signal trades to your connected trading accounts, adjusting TP/SL levels of managed trades, using the same magic number or comment fields as used by the ForexAlgos’ Black Box, using a FIFO account, invalid trading account login credentials, or any other case.
We consider a wide range of factors while suggesting Forex Brokers, including:
• Commission charged by the brokerage firm,
• Promptness and quality of services provided by the brokerage firm,
• Financial condition, creditworthiness, and business reputation of the brokerage firm,
• Promptness and accuracy of electronic reports of execution,
• Ability and willingness to correct errors,
• Promptness and accuracy of confirmation statements,
• Ability to access various market centres,
• The brokerage firm's facilities, including software or hardware provided to the clients,
• Reliability of the brokerage firm, and
• Operational capabilities of the brokerage firm.
As part of the Verification of trading record and/or trading account connecting process, you will be asked to submit your account’s trading password to the VTC Site. You acknowledge that passwords are sensitive information and if leaked to any Third-Party, that it is technically possible for password holders to mismanage the trades on your account without your knowledge. Although, we will hold your trading password in accordance with the ‘Privacy & Data Protection Policy’ Contract, but we will not be responsible for any loss you may suffer should Third-Party come into possession of such password by some other, unauthorised, manner.
We do not undertake to conduct any of your transactions either as your counterparty or as your broker and therefore assumes no liability in the event of non-performance (total or partial) or delayed execution of the trade signals generated through the ForexAlgos’ Black Box. You will be responsible in all manners to monitor your transactions and be informed of their results and of your positions held with your Broker in the context of your trading account(s) that are connected with the ForexAlgos’ Black Box.
The replication of ForexAlgos’ Black Box trade signals in your trading account will always be subject to the restrictions applied by your Broker, or to the offer of the forex products that you trade. Also, we are not responsible with respect to the transactions that you carry out with your Broker for whatever reason.
You may not create multiple user/member accounts. Any user who purchases any VTC Services must be at least 18 years old, and user must complete all the requirements in the online forms. Once they are completed and accepted, the user expressly accepts the contents of this ‘Terms & Conditions Of Use’ Contract, and from that moment the VTC Company can proceed to charge the amount of money agreed on in the acquisition forms and in the way chosen by the user, including any pending dues and/or invoices.
If there are any fraudulent purchases, such as any purchase of the VTC Services on the VTC Site using a stolen credit or debit card, or any other illegal means, then we will deactivate the client's account to prevent further criminal behaviour until we have investigated the cause of the problem. In the event that we need to refund money back to the cardholder then we will deactivate all the VTC Services that had been purchased using the stolen card.
While using or accessing the VTC Site, or using the VTC Services, or using your membership, you agree that you will not do any of the following acts:
- use the VTC Site as part of a facility management, timesharing, service provider, software-as-a-service, display, perform, or publish or otherwise permit third parties to benefit from the use or functionality of the VTC Site or any data or information provided by, with or through the VTC Site Platform,
- circumvent, disable, or otherwise interfere with security related features of the VTC Site,
- interfere with or disrupt (or attempt to interfere with or disrupt) any functionality of the VTC Site, servers or networks connected to the VTC Site, or the technical delivery systems of our providers or disobey any requirements, procedures, policies, or regulations of networks connected to the VTC Site,
- attempt to probe, scan, or test the vulnerability of any our system or network or breach or impair or circumvent any security or authentication measures protecting the VTC Site,
- attempt to decipher, decompile, disassemble, or reverse engineer any of the software used to provide the VTC Site,
- attempt to access, scrape, parse, search, or meta-search the VTC Site with any engine, software, tool, agent, device or mechanism or other available third-party web browsers,
- conduct any systematic or automated data collection activities, including without limitation, scraping, data mining, data extraction and data harvesting on or in relation to the VTC Site,
- use any automated means, including without limitation, agents, robots, scripts, or spiders, to access, monitor, copy or harvest data from any part of the VTC Site,
- take any action that imposes an unreasonably or disproportionately large load on the infrastructure of the VTC Site or related infrastructure,
- send unsolicited email or other communications containing links to the Information on the VTC Site,
- take any action that damages or disrupts the functioning of the VTC Site systems or the VTC Services,
- impersonate or misrepresent your affiliation with any person or entity or otherwise commit fraud,
- collect or store personal data about other users and/or members, or act in breach of applicable privacy policy,
- use the VTC Site or the VTC Services in any manner not permitted by this ‘Terms & Conditions Of Use’ Contract.
Certain functions of the VTC Site are limited in their scope. This applies, for example to the upload of image or document files, each of which may not exceed 5 megabytes in size. Limitations of this kind can be determined by VTC Site at its sole discretion and at any time changed again.
Access to certain areas of the VTC Site is restricted to Members of ForexAlgos Club or the VTC Site. We reserve the right to restrict access to areas of the website, or indeed our whole website, at our discretion. If we provide you with a private link to enable you to access restricted areas of the website or other content or services, you must ensure that that private link is kept confidential.
By purchasing any VTC Services at the VTC Site, you agree to receive eventual communications from the VTC Company via e-mails. This will include, but not necessarily be limited to, software updates, confirmations of transactions, purchase statements, financial statements, and/or other basic communications. You agree to advise the VTC Company promptly of any errors or omissions in any transaction(s) or in the handling of your purchases and/or subscriptions. Failure to provide prompt notice of any errors will be deemed to constitute acceptance of the accuracy of all information sent to you.
The VTC Site may be connected to or utilize softwares, platforms, products, and/or services, developed or provided by various third-party providers, software developers, and/or Brokers (the “Third-Party”). We are not responsible for the actions or omissions of Third-Party.
The VTC Site may be linked to Third-Party websites, which are not under the control or maintenance of the VTC Company. We are not responsible for Third-Party websites, hyperlinked from VTC Site, nor do we make any endorsements or warranties, expressed or implied, with respect to the content of Third-Party websites, including but not limited to their accuracy, completeness, results, timeliness, or reliability.
You recognize and acknowledge that, use of any such Third-Party information, or products, and/or services, will be governed by their applicable terms and conditions, which you shall abide in all manners whatsoever maybe. We are not responsible for performance and/or reliability of any Third-Party information, or products, and/or services, and will have no responsibility, or liability of any kind, for your use of these.
The VTC Company is also not affiliated with Facebook, X (Twitter), LinkedIn, or other social media websites, and we have no control over how Third-Party use the information you share.
The VTC Services are susceptible to operational and information security risks due to the increased use of the internet. In general, cyber incidents can result from deliberate attacks or unintentional events. Cyberattacks include, but are not limited to, infections by computer viruses or other malicious software codes, gaining unauthorized access to systems, networks, or devices through “hacking” or other means, for the purpose of misappropriating assets or sensitive information, corrupting data, or causing operational disruptions.
Cybersecurity failures or breaches by Third-Party may cause disruptions and impact our business operations, potentially resulting in financial losses, the inability to transact business, violations of applicable privacy and other laws, regulatory fines, penalties, reputational damage, reimbursement, and/or other compensation costs. There are inherent limitations in such events due in part to the everchanging nature of technology and cyberattack tactics.
The VTC Services including operations, research, investment strategies, communications, risk management, and back-office systems rely on technology, including hardware, software, telecommunications, internet-based platforms, and other electronic systems. Additionally, parts of the technology used are provided by Third-Party, and are beyond our control. Although we seek to ensure adequate backups of hardwares, softwares, and other electronic systems, when possible, but there is no guarantee that our efforts will be successful. In addition, natural disasters, power interruptions and other events may cause system failures, which will require the use of backup systems (both on- and off-site). Backup systems may not operate as well as the systems that they back-up and may fail to properly operate, especially when used for an extended period.
Despite our monitoring, hardwares, softwares, and/or other electronic systems malfunctions, may be unavoidable, and result in consequences such as the inability to trade and copy trade for our clients, or inability to monitor client accounts and portfolios. And thus, we shall not be held responsible for any situations arising out of these failures or circumstances.
Online forex trading has inherent risks due to system responses and access times that may vary due to market conditions, system performances and other factors. Also, connections of the ForexAlgos’ BlackBox signals with the client trading accounts, involves adequate hardware, software, and/or communication channels such as Internet connectivity, etc. You should understand risks of financial losses, including these additional risks before using the VTC Services, and thus the VTC Company has no responsibility, or liability of any kind whatsoever maybe, due to:
- power cuts, and/or physical damage of any equipment, or disruptions of internet connectivity, at our side,
- wrong or inconsistent settings of the provided client trading platform/terminals,
- untimely updates of the client terminals,
- failures of communication channels, hardware, and/or software, at our side,
- malfunction or non-operability of the client trading platform/terminals,
- delayed updates to the client’s trading platform/terminals, and/or broker servers.
Our automated trading system, the ForexAlgos' BlackBox, is a computer algorithm or robot, built with a programming code, which issues buy and sell signals, and all this signal-based trading activity being duplicated/copied Live on our client’s brokerage accounts.
The ForexAlgos’ BlackBox carry high risks as, there is no perfect system, nor is there a trading system that always wins. It is important to note that the worst losing streak of a trading system is most often yet to come and can happen when the ForexAlgos’ BlackBox or such trading system is active in the user's or client’s forex trading account. The market circumstances can change from the period in which the ForexAlgos’ BlackBox was designed, and the system’s rules which have given positive returns in the past can start giving negative returns. And the user exempts the VTC Company from any responsibilities in the economic results that ForexAlgos’ BlackBox may generate in their brokerage trading accounts.
We shall not be responsible for any loss, damage, or expense directly or indirectly caused by delays and/or failures in the processing, management, activation, multiplier change, and auto deactivation of the ForexAlgos’ BlackBox. In addition, we shall not be responsible for any loss, damage, or expense directly or indirectly caused by the withholding of a margin amount for the trade activity generated through the ForexAlgos’ BlackBox.
We shall not be responsible for any damages that may result from incorrect functioning of the ForexAlgos’ BlackBox as well as any technical problem such as mechanical or communication line failure, or system errors, or any other causes, expressly declining liability for any malfunction of ForexAlgos’ BlackBox, in all manners whatsoever maybe.
The ForexAlgos’ BlackBox, and/or other trading system as such, may not react to changes in market conditions as a human trades manager might. So, if you choose to use trade signals of ForexAlgos’ BlackBox, and/or to engage in trade transactions based on this, then such decisions, and/or trade transactions, and/or any consequences flowing therefrom are your sole responsibility.
Connecting client trading accounts with the ForexAlgos’ BlackBox means making available by Us, our signal and/or trading activity, and streaming it to the connected clients trading accounts, using Third-Party platforms such as trade-copier.com, or socialtradingtools.com, or any other.
Trade signals generated by ForexAlgos’ BlackBox create trades in our trading account, which are further sent to clients trading accounts as trading signals. Such a signal automatically triggers a trade in client account.
Although we try to replicate exactly the signals of the ForexAlgos’ BlackBox directly in User’s or Client forex trading account. As the buy and sell signals of the ForexAlgos’ BlackBox are generated via real-time market data broadcast to our trading platform through our broker, and further these signals generate orders that are in turn sent to the client’s trading accounts, without human intervention, from our trading terminals. Rapid and unexpected movements in prices and/or failures in their diffusion, can generate buy and sell signals that may result in losses larger than expected, and are always independent of what may have happened in the historical period as analysed by the user.
Because we ‘sync’ ForexAlgos’ BlackBox orders with the open positions in your trading account, it is of great importance that you do not attempt to place any order(s) directly into your trading account via any trading and/or web platform. The resulting trade fills outside of the ForexAlgos’ BlackBox could cause sync issues which could result in additional trades and higher trading losses. User specifically agrees to not place any trades in their connected trading accounts, and to assume any and all risks and losses resulting from placing such trades along with ForexAlgos’ BlackBox trades. And, if you place additional trades in your account or you modify or cancel any order generated by the ForexAlgos’ BlackBox trading system, you may get absolutely different and/or losing results. Also, FIFO trading accounts are not supported.
We perform the execution of these orders (the buy and sell signals generated by the ForexAlgos’ BlackBox) for User’s account on a "not held" basis, meaning we shall not be held responsible for the execution of the order at the price indicated or otherwise; and shall not be responsible for the performance of the ForexAlgos’ BlackBox, including any potential trading losses the user may sustain as a result of use of the ForexAlgos’ BlackBox.
The ForexAlgos’ BlackBox trade positions are copied to client’s brokerage accounts with the same proportional amounts and/or volumes, to the maximum extent possible. All such positions are closed automatically, if and when closed by the ForexAlgos’ BlackBox, without providing any further notice and without any action on your part. But you may achieve materially different results than the ForexAlgos’ BlackBox that you followed.
Also, while copying the signal trades, delays in the execution of your transactions by your Broker are probable. It is also probable that divergences arise between the prices that ForexAlgos’ BlackBox achieves, with respect to its own trades, and the prices that you achieve when following the signals ForexAlgos’ BlackBox, even if your trades are carried out at the same time as those of the ForexAlgos’ BlackBox. Such delays and divergences are normally attributable to the structure and function of the market, and particularly to (indicatively):
a) The time period, even if very short, between the moment a signal is received from the ForexAlgos’ BlackBox and the moment of the execution of your trade by your Broker.
b) The overall operation of the FX market, given that there is no single reference price for the participants in such market.
c) The special events occurring in the market, such as a steep price fluctuation (for example in the case of news announcement), a great volume of transactions waiting to be executed by your Broker or by your Broker’s liquidity provider.
d) Volatility or illiquidity in the Forex markets may also prevent orders from being executed at advantageous prices, or at all.
In addition, particular limitations may be applied to your trading account by your Broker, which may not necessarily apply to our ForexAlgos’ BlackBox linked trading account. Such limitations may be due to specificities of the regulatory framework applicable to each Broker or to the Broker’s policies. The application of such limitations on your trading account may lead to further divergences between the results of the ForexAlgos’ BlackBox trades and your own trades. Therefore, we do not guarantee, an immediate and complete execution of the ForexAlgos’ BlackBox signals by your Broker, and/or the matching of the prices at which any specific trade carried out to your trading account, with those at which the ForexAlgos’ BlackBox carries out the same trade.
The recent outbreak of the novel coronavirus rapidly became a pandemic and has resulted in disruptions to the economies of many nations, companies, and markets in general, the impact of which cannot necessarily be foreseen at the present time. This has created a general anxiety, closed borders, quarantines, supply chain disruptions, and thus negatively impacting global markets in unforeseeable manners.
The impact of the novel coronavirus and other such future infectious diseases in certain regions or countries may be greater or less due to the nature or level of their public health response or due to other factors. Health crises caused by the recent coronavirus outbreak or future infectious diseases may exacerbate other pre-existing political, social, and economic risks in certain countries. The impact of such health crises may be quick, severe and of unknowable duration.
These types of pandemics, and other epidemics, that may arise in the future, could result in continued volatility in the financial markets and could have a negative impact on investment performance and trading systems.
The VTC Company shall not be held liable in any respect for failures to perform hereunder due wholly or substantially to the elements, acts of God, labour disputes, acts of terrorism, acts of civil or military authority, fires, floods, epidemics, quarantine restrictions, armed hostilities, riots and other unavoidable events beyond the control of the Author, and the time for performance of obligations hereunder by the Author, subject to the such event shall be extended for the duration of such event.
In case, for whatever reason, you are unable to access the VTC Services, you must immediately notify VTC Site and contact your Broker directly to manage any open positions you have in your connected trading account. You may also request your Broker to disconnect your trading account from strategy signals and/or trading systems, while you are unable to access the VTC Services, so as to avoid receiving new positions, and/or any mismanagement of your trading account and/or your positions, from the ForexAlgos’ BlackBox in your Trading Account.
The VTC Site provides you with ongoing access to a personalized member area, for the purpose of receiving at any time information on trading activity of your connected trading account at any period of time. Although, the VTC Site will apply its best efforts in order to provide you complete and accurate information in a timely manner, such information is not intended to substitute the information that your Broker is expected to provide to you with respect to the activity of your trading account. Consequently, you must regularly check your connected trading account’s activity and content with your Broker, through the relevant applications, web platforms, trading platforms or other communication means that are made available to you by your Broker.
You hereby acknowledge that VTC Company may not guarantee the continued availability of the VTC Site and/or VTC Services, and/or the services of Third-Party at all times. You are not entitled to demand that the VTC Site and/or VTC Services are available at all times. In particular, the VTC Company reserves the right to temporarily suspend the VTC Site and VTC Services at its own discretion, in particular for reasons of maintenance of its systems and software, for security reasons or for any other reason whatsoever maybe.
The VTC Company may, at its sole discretion and without having to provide reason, refuse provision of the VTC Services, and may terminate all available services permanently at any time for any reason not stipulated herein.
The VTC Company may terminate the service immediately at any time, without prior notice, if it determines, at its sole discretion, that the Client fails to comply with any of the provisions and clauses of this ‘Terms & Conditions Of Use’ Contract. In any event of termination of the VTC Services, regardless of the time of its occurrence, the client is not entitled to any refund of payment, and any or all sums owed by the client immediately become due and payable.
As we provide a technological solution, and/or a forex trading strategy/system. And, in order to use our automated trading system, you need to establish/open a forex trading account with one of our suggested brokers.
The VTC Company may receive, from various client selected brokerage firms, benefits it may not otherwise have received had there not been an association with the client. These benefits may include, compensations, commissions, and/or rebates for every trade in your account. So, we may be compensated for the VTC Services and/or the ForexAlgos’ BlackBox, based on the spread between the bid/ask prices provided to you by your Broker or based on any other specific costs charged to you by your Broker when initiating a trade(s).
We do recommend, request, or require that you open and connect, trading accounts of specified broker-dealer. Accordingly, a client who directs brokerage should consider whether such designation may result in certain costs or disadvantages to the client, either because the client may pay higher commissions or obtain less favourable executions, or the options available to the client.
Some of the links on the VTC Site may be “affiliate links”. This means if you click on the links and/or purchase any services, VTC Site will receive an affiliate commissions.
Once you dispute any VTC Services payment, and/or membership payment, and/or profit-based fees, and/or any Invoices, it has an adverse impact on the VTC Company, financially, and causes a damage to our company profile in the eyes of our linked Payment Gateway. Hence, according to our Terms & Conditions Of Use, we will be banning member accounts directly or indirectly involved in such disputes and moving forward we will not entertain any requests to unban these member accounts. Such users or members won’t be eligible for opening any further accounts with VTC Site.
The information and/or VTC Services we provide on the VTC Site, are not meant for distribution to, or use by, any person or entity in any jurisdiction or country, where such distribution or use would be contrary to law or regulation or would subject us to any registration requirements in such jurisdiction or country. Thus, you, and you alone, ensures hereby that the use of any of the VTC Services in any manner or form at all, is in compliance with your national, local, federal, state or county laws.
You understand that laws regarding services as provided by VTC Site, and/or financial contracts, and/or forex trading in general, vary throughout the world, and it is your obligation alone to ensure that you fully comply with any law, regulation, or directive, relevant to your country or place of residency with regards to the use of the VTC Site and the VTC Services. The ability to access the VTC Site does not necessarily mean that the VTC Services, and/or your activities through it, are legal under the laws, regulations, or directives relevant to your country or place of residency.
These Terms & Conditions Of Use shall be governed by the laws of India as if these were a Contract wholly entered into and performed within India. You hereby agree that any disputes or claims if arise, related to this ‘Terms & Conditions Of Use’ Contract, will be resolved by Courts located in India, and you agree and submit to the exercise of personal jurisdiction of such courts for the purpose of litigating any such claims or actions. By entering into this ‘Terms & Conditions Of Use’ Contract, You are:
a) waiving claims that you might otherwise have against us, based on the laws of other jurisdictions or country, including your own,
b) irrevocably consenting to the exclusive jurisdiction of, and venue in, the Courts located in India, over any disputes or claims you have with us, and thus agreeing that all claims in respect of any suit, or other proceeding may be heard and determined in such Courts only,
c) waiving, to the fullest extent as permitted by law, any immunity you may have acquired, or hereafter may acquire, from jurisdiction of any other Courts outside India.
Any notice from the VTC Site to you will be delivered by e-mail at your last known email address. Evidence of sending the email shall be taken as evidence of delivery.
If any provisions or clauses of this Contract is held to be illegal or unenforceable, the validity and enforceability of the remainder shall continue in full force and effect. The provision in question shall be replaced by a valid and enforceable term which corresponds, so far as possible, with the original. Failure by either party to exercise any right or remedy under this agreement does not constitute a waiver of that right or remedy.
You may not transfer any of your rights under this ‘Terms & Conditions Of Use’ Contract to any other person. We may transfer our rights under this ‘Terms & Conditions Of Use’ Contract, where we reasonably believe your rights will not be affected.
Wherever possible, each provision of this ‘Terms & Conditions Of Use’ Contract, as specified from time to time, and including but not limited to this ‘Terms & Conditions Of Use’ Contract, shall be interpreted in such a manner as to be effective and valid under the applicable laws. However, if any court or competent authority finds that any provision of this ‘Terms & Conditions Of Use’ Contract (or part of any provision) is invalid, illegal, or unenforceable, that provision or part-provision will, to the minimum extent required, be deemed to be deleted, and the validity and enforceability of the other provisions of this ‘Terms & Conditions Of Use’ Contract will not be affected. Also, failure by the VTC Company to enforce any of its rights at any time for any period shall not be construed as a waiver of such rights or remedies.
If you have any questions, concerns, or issues regarding this 'Terms & Conditions of Use' Contract — including, but not limited to, your rights under this contract — we encourage you to reach out to us for clarification, by sending an eMail to founder@forexalgos.com, or by using the Forms like Questions Form or Support Form or ContactUs Form, available on our website.
We would highly appreciate the chance to deal with your concerns, before you approach anyone else. In the event that you experience any issues, misunderstandings, or dissatisfaction related to any aspect of our services or content, we respectfully request that you provide us the opportunity to address and resolve the matter firstly to us, before pursuing through external authorities, legal representatives, or Courts.
As a part of our internal resolution process, upon receiving your communication, please allow us a minimum of 15 calendar days to investigate, respond, and take any necessary remedial steps before considering escalation. This timeframe enables us to ensure a thoughtful and fair review of your concerns.
We genuinely appreciate your cooperation and your commitment to resolving matters in a constructive and transparent manner.