TERMS & CONDITIONS
Last Updated: 20/05/2025
Effective for: Algodealer AI - Algo Trading Platform
1. Definitions
- "Platform," "We," "Us," "Our": Refers to [Your Company Name], the provider of algorithmic trading tools and services.
- "User," "You," "Client": Any individual or entity accessing or using the Platform.
- "Services": Algorithmic trading tools, APIs, data feeds, and related features offered by the Platform.
- "SEBI": Securities and Exchange Board of India (mentioned only for regulatory context; we are not SEBI-registered advisors).
2. Acceptance of Terms
- By using the Platform, you:
- Confirm you are at least 18 years old and legally competent.
- Acknowledge that the Platform provides execution-only algo trading tools, not investment advice.
- Agree to comply with all applicable laws (including securities regulations).
3. Services & Limitations
3.1 Algo Trading Tools
- The Platform offers self-directed algorithmic trading tools for execution purposes.
- All strategies, backtests, and simulations are for illustrative purposes only.
3.2 No Advisory Services
- We are not SEBI-registered Research Analysts or Investment Advisors.
- You are solely responsible for trading decisions.
3.3 Risks
- Market Risks: Volatility may lead to partial/complete loss of capital.
- Technical Risks: System failures, latency, or connectivity issues may impact trades.
- No Profit Guarantee: Past performance ≠ future results.
4. User Obligations
4.1 Account Security
- You must safeguard login credentials and enable 2FA (if available).
- Notify us immediately of unauthorized access.
4.2 Compliance
- Ensure your algo strategies comply with exchange rules and local laws.
- Do not use the Platform for illegal activities (e.g., market manipulation).
4.3 Prohibited Actions
- Reverse-engineering, scraping, or exploiting the Platform.
- Sharing API keys/credentials with third parties.
5. Fees & Payments
- Fees for premium features are listed on the Platform.
- No refunds for algorithmic trading subscriptions (unless required by law).
6. Termination
- We may suspend/terminate accounts for violations or regulatory requirements.
- Users may terminate accounts anytime via Platform settings.
7. Liability & Disclaimers
7.1 No Warranty
- The Platform is provided "as is" without warranties of accuracy or reliability.
- We are not liable for trading losses, technical failures, or third-party actions.
7.2 Indemnification
- You agree to indemnify us against claims arising from:
- Your breach of these T&C.
- Unauthorized use of your account.
8. Grievance Redressal
9. Governing Law & Jurisdiction
- Governed by laws of Ahmedabad Jurisdiction
- Disputes subject to exclusive jurisdiction of courts in Ahmedabad
10. Amendments
- We may update these T&C with 15 days' notice (posted on the Platform).
- Continued use = acceptance of changes.
KEY DISCLAIMERS
- Not SEBI-Registered: We do not provide research, advisory, or portfolio management services.
- Execution-Only: Trades are executed based on your algorithms; we do not monitor positions.
- No Conflict of Interest: We have no financial interest in your trades.
© 2025 Algodealer AI . All Rights Reserved.
Website: www.algodealer.ai
Privacy Policy
1. Introduction
Algodealer AI ("we," "us," or "our") operates the algorithmic trading platform. We are committed to protecting your personal data and privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our services.
By accessing or using our Platform, you consent to the practices described in this policy.
2. Information We Collect
A. Personal Information
- Identity Data: Name, date of birth, PAN, KYC details (if required).
- Contact Data: Email, phone number, address.
- Financial Data: Bank account details, trading history (if linked to a broker).
- Technical Data: IP address, device ID, browser type, cookies.
B. Non-Personal Information
- Usage Data: Trading patterns, algorithm performance metrics (anonymized).
- Log Files: Timestamps, access times, error logs.
3. How We Use Your Information
- Provide, operate, and improve the Platform.
- Authenticate your identity and prevent fraud.
- Comply with legal/regulatory obligations (e.g., tax reporting).
- Send service updates, security alerts, and marketing communications (opt-out available).
- Analyze aggregated usage trends to enhance user experience.
4. Data Sharing & Disclosure
- Brokers/Exchanges: To execute trades (if you link your brokerage account).
- Service Providers: Cloud hosts, payment processors, or customer support tools.
- Regulators/Law Enforcement: If required by law (e.g., SEBI, RBI, or court orders).
- Third-Party APIs: For market data feeds or risk analytics (data anonymized where possible).
- We do not sell your personal data to advertisers or unaffiliated third parties.
5. Data Security
- Encryption: AES-256 for data transmission and storage.
- Access Controls: Role-based permissions for employees.
- Audit Logs: To monitor unauthorized access attempts.
- Note: No system is 100% secure. You must protect your login credentials.
6. Data Retention
- As long as your account is active (or as needed to provide services).
- For legal/compliance purposes (e.g., tax records for 7 years).
- Anonymized data may be retained indefinitely for analytics.
7. Your Rights
- Access/Correct your personal data.
- Delete your account (subject to legal requirements).
- Opt out of marketing emails (via "Unsubscribe" link).
- Withdraw consent (e.g., disable cookies).
- To exercise these rights, contact: contact@algodealer.ai.
8. Cookies & Tracking Technologies
- Essential Cookies: For platform functionality (e.g., login sessions).
- Analytics Cookies: Google Analytics to track usage trends.
- Third-Party Cookies: Embedded widgets (e.g., market data providers).
- Manage preferences via your browser settings.
9. Third-Party Links
Our Platform may link to external sites (e.g., brokerages, news portals). We are not responsible for their privacy practices.
10. Children's Privacy
Our services are not intended for users under 18. We do not knowingly collect data from minors.
11. Updates to This Policy
We may revise this policy periodically. Changes will be posted on our website with an updated "Effective Date."
12. Contact Us
© 2025 Algodealer AI. All Rights Reserved.
Disclaimer
1. General Disclaimer
The algorithmic trading platform ("Platform") offered by Algodealer AI is purely execution-only and does not constitute investment advice, research analysis, or portfolio management services.
We are not registered with SEBI as a Research Analyst, Investment Advisor, or Portfolio Manager. Any tools, strategies, or algorithms provided are for illustrative and educational purposes only.
2. No Assurance of Returns
- Past performance of algorithms, backtests, or simulations is not indicative of future results.
- The Platform does not guarantee profits or assure protection against losses.
3. Market Risks
- Capital Loss: Partial or complete loss of invested funds.
- Liquidity Risk: Inability to exit positions at desired prices.
- Technical Risks: System failures, latency, or connectivity issues affecting trade execution.
4. User Responsibility
- You are solely responsible for:
- Configuring and deploying algorithms.
- Monitoring open positions and risk exposure.
- Complying with exchange rules and applicable laws.
- Do not share API keys, passwords, or OTPs with anyone, including Algodealer AI.
5. Conflict of Interest
- Algodealer AI and its associates:
- Have no financial interest in your trades.
- Do not receive compensation from third parties for promoting securities.
6. Limitation of Liability
- Algodealer AI disclaims all liability for:
- Trading losses incurred through the Platform.
- Errors in algorithmic strategies or data feeds.
- Unauthorized access to user accounts.
7. Data Privacy
- User data (e.g., trading history, credentials) is stored securely but may be shared if required by law.
- We do not sell personal data to third parties.
8. Grievance Redressal
- For support or complaints, contact:
- Note: As a non-SEBI-registered entity, grievances cannot be escalated to SEBI SCORES/ODR.
9. Governing Law
- These terms are governed by Indian law. Disputes shall be subject to the exclusive jurisdiction of courts in Ahmedabad.
© 2025 Algodealer AI. All Rights Reserved.
Refund Policy
1. General Policy
All fees for subscriptions, services, or features on Algodealer AI's Algo Trading Platform are non-refundable unless explicitly stated below.
Refunds, if applicable, will be processed within 7–14 business days via the original payment method.
2. Eligibility for Refunds
Refunds may be considered only under these circumstances:
A. Pre-Activation Cancellation
- Full refund if requested before account activation or access to paid features.
B. Duplicate Charges
- Full refund for accidental duplicate payments (proof required).
3. Strict No-Refund Scenarios
- Activated Accounts: Once you access paid tools (APIs, live trading, etc.).
- Subscription Renewals: Auto-renewed plans (cancel before renewal date).
- Trading Results: Losses due to market volatility or strategy performance.
- Terminated Accounts: Due to Terms of Service violations.
4. How to Request a Refund
- Email: Send a request to contact@algodealer.ai with:
- Transaction ID.
- Reason + evidence (e.g., screenshots for technical issues).
- Review: Our team will respond within 5 business days.
5. Important Disclaimers
- Execution-Only Platform: We are not liable for trading losses.
- Third-Party Fees: Brokerage/transaction charges excluded.
6. Policy Updates
Changes will be posted on our website with a new "Effective Date."
7. Contact
© 2025 Algodealer AI. All Rights Reserved.