1. Introduction
Welcome to Algo Tradex Mind. We are a technology-first platform dedicated to providing algorithmic trading tools, indicators, and automated solutions for traders in the Indian financial markets. By accessing our website (https://algotradexmind.com), subscribing to our services, or using our software, you agree to be bound by these Terms and Conditions. Please read them carefully. If you do not agree with any part of these terms, you must discontinue use of our services immediately.
2. Nature of Services (Technology Provider)
It is crucial to understand that Algo Tradex Mind is a software and technology provider, not a SEBI-registered Investment Advisor (RIA) or a Portfolio Management Service (PMS).
- Tools, Not Advice: Our platform provides algorithms, coding frameworks, and backtesting capabilities. We do not provide specific buy/sell recommendations or financial advice.
- User Discretion: All trading strategies deployed using our tools are done so at your full discretion. You are solely responsible for setting your risk parameters, stop-losses, and strategy configurations.
3. Risk Disclosure Statement
Trading in financial markets, especially via algorithmic or automated means, involves a high degree of risk.
- Market Risk: The Indian stock market is volatile. You acknowledge that you may lose some or all of your invested capital.
- Technology Risk: While we strive for 99.9% uptime, algorithmic trading is subject to internet latency, power failures, exchange connectivity issues, and software glitches. Algo Tradex Mind is not liable for losses resulting from technical failures on your end, the broker's end, or the exchange's end.
- No Guarantees: Past performance of any algorithm, backtest, or strategy is not indicative of future results. We do not guarantee any specific return on investment.
4. User Eligibility and Responsibilities
To use our services, you must be at least 18 years old and a resident of India (or complying with local laws if accessing from abroad).
- Account Security: You are responsible for maintaining the confidentiality of your login credentials and API keys.
- Compliance: You agree not to use our algorithms for market manipulation, front-running, or any activity prohibited by the Securities and Exchange Board of India (SEBI).
5. Intellectual Property
All content, code, logic, logos, and software on Algo Tradex Mind are the intellectual property of our company.
- License: You are granted a limited, non-exclusive, non-transferable license to use our tools for personal trading.
- Prohibitions: You may not reverse-engineer, decompile, resell, or redistribute our software code or proprietary strategies to third parties without explicit written consent.
6. Limitation of Liability
To the fullest extent permitted by Indian law, Algo Tradex Mind, its directors, employees, or affiliates shall not be liable for any direct, indirect, incidental, or consequential damages resulting from your use of our platform. This includes, but is not limited to, financial losses, data corruption, or business interruption.
7. Dispute Resolution and Jurisdiction
These Terms shall be governed by and construed in accordance with the laws of India. Any disputes arising out of these terms shall be subject to the exclusive jurisdiction of the courts located in India.