1. Introduction

1.1 Welcome to ProRealPips, a service offering financial trading algorithms. These terms and conditions (“Terms”) govern your use of our website (prorealpips.com) and our services (“Services”).

1.2 By accessing or using our Services, you agree to comply with and be bound by these Terms, our Privacy Policy, and any other policies referenced herein. If you do not agree to these terms, you should not use our Services.

2. Services Provided

2.1 ProRealPips provides algorithms (“Algorithms”) for trading in financial markets. These Algorithms are delivered via downloadable files that you can implement on the ProRealTime platform.

2.2 Our Services are subscription-based. Subscriptions are available on a variable ‘flexible’ basis. If required subscriptions can renew automatically unless cancelled via your account settings or by contacting us at info@prorealpips.com.

3. User Responsibilities

3.1 By using our Services, you represent that you have read and understood these Terms and our Privacy Policy.

3.2 You agree to use our Algorithms at your own risk. We do not guarantee any financial gain and are not responsible for any losses incurred while using our Algorithms.

3.3 You must comply with all applicable laws and regulations when using our Services.

4. No Financial Advice

4.1 ProRealPips is not an investment advisor or broker-dealer. Our Algorithms and any related content are provided for informational and educational purposes only and do not constitute financial advice.

4.2 You should consult with a licensed financial advisor before making any investment decisions based on our Algorithms or any information provided by us.

5. Risks of Algorithmic Trading

5.1 Algorithmic trading involves significant risks, including but not limited to:

Design errors, data inaccuracies, and logical errors.
Internet connectivity issues resulting in trading disruptions.
Poor algorithm design leading to unintended trading behaviors.
Market conditions leading to rapid financial losses.
Execution issues such as rejected or delayed orders.
Security risks, including potential malicious attacks.

5.2 ProRealPips is not liable for any losses incurred from using our Algorithms. Users should continuously monitor their trading activities.

6. Limitation of Liability

6.1 ProRealPips and its affiliates are not liable for any indirect, incidental, consequential, special, or punitive damages arising from your use of our Services.

6.2 Our total liability to you for all claims related to our Services is limited to the amount paid by you for the Services.

7. Indemnification

7.1 You agree to indemnify and hold ProRealPips, its affiliates, and their respective officers, directors, employees, and agents harmless from any claims, damages, losses, or expenses arising from your use of our Services or your violation of these Terms.

8. Intellectual Property

8.1 All content, Algorithms, and intellectual property provided by ProRealPips remain the property of ProRealPips. You are granted a limited, non-exclusive license to use the Algorithms for your personal trading activities.

9. Termination

9.1 We reserve the right to terminate or suspend your access to our Services at our discretion, without prior notice, for conduct that we believe violates these Terms or is harmful to other users.

10. Changes to Terms

10.1 ProRealPips reserves the right to modify these Terms at any time. Changes will be posted on our website, and your continued use of the Services constitutes acceptance of the modified Terms.

11. Governing Law

11.1 These Terms are governed by and construed in accordance with the laws of the United Kingdom. Any disputes arising under these Terms shall be subject to the exclusive jurisdiction of the courts of the United Kingdom.

By adhering to these terms and conditions, ProRealPips aligns with best practices observed in the industry and complies with legal standards in the UK and US.