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Terms of Use
TERMS OF USE
ForexSim Algorithmic Trading Platform
Last Updated: 1st October 2025

AGREEMENT TO OUR LEGAL TERMS

We are Forex Sim ("Company," "we," "us," "our").

We operate www.forex-sim.com, as well as any other related products and services that refer or link to these legal terms (the "Legal Terms") (collectively, the "Services").

You can contact us by email at legal@forex-sim.com

These Legal Terms constitute a legally binding agreement made between you, whether personally or on behalf of an entity ("you"), and the Company, concerning your access to and use of the Services. You agree that by accessing the Services, you have read, understood, and agreed to be bound by all of these Legal Terms. IF YOU DO NOT AGREE WITH ALL OF THESE LEGAL TERMS, THEN YOU ARE EXPRESSLY PROHIBITED FROM USING THE SERVICES AND YOU MUST DISCONTINUE USE IMMEDIATELY.

Supplemental terms and conditions or documents that may be posted on the Services from time to time are hereby expressly incorporated herein by reference. We reserve the right, in our sole discretion, to make changes or modifications to these Legal Terms at any time. For material changes that significantly affect your rights, we will provide at least 30 days' advance notice via email or prominent notice on the Services. We will alert you about all changes by updating the "Last Updated" date of these Legal Terms. Your continued use of the Services after the effective date of any changes constitutes your acceptance of the revised Terms. It is your responsibility to periodically review these Legal Terms to stay informed of updates.

We recommend that you print a copy of these Legal Terms for your records.
1. OUR SERVICES

1.1 Service Description

The Services provide a comprehensive algorithmic trading platform that allows users to:
  • Build and design algorithmic trading strategies using statistical indicators and mathematical computations
  • Test strategies against historical market data and analyze performance
  • Optionally activate strategies for MT4 integration signal generation through MetaTrader 4 (MT4) Expert Advisor integration
  • Access forex simulation and educational tools
1.2 Algorithmic Trading Strategy Builder

  • Users create trading strategies by defining rules and parameters using available technical indicators (e.g., EMA, moving averages, price actions)
  • The platform provides technical tools and indicators but makes NO recommendations regarding strategy composition or profitability
  • Users have complete discretion and control over strategy design, parameters, and implementation
1.3 MT4 Integration Signal Service

  • Users may choose to activate strategies for MT4 integration signal generation
  • Users install our Expert Advisor (EA) software on their MetaTrader 4 (MT4) platform running on their own computer
  • The EA sends current market data to our servers. Market data is analysed in line with the rules and conditions defined by the user in their strategy. Our servers return details of any potential trades to be placed and the Expert Advisor attempts to place the described trades.
  • Users maintain complete control over activation/deactivation of MT4 integration at any time through the online user interface
  • In the case that the online service is not available, users can close their MT4 application to stop the EA running, maintaining full control over trading activities in all scenarios
1.4 DEMO ACCOUNT REQUIREMENT FOR MT4 INTEGRATION

CRITICAL RESTRICTION: MT4 integration and live trading features are ONLY authorized for use with broker demo accounts. Real money trading accounts are strictly prohibited.
  • Users MUST connect the Expert Advisor exclusively to demo accounts provided by their broker
  • Use of our MT4 integration service with real, funded trading accounts is expressly forbidden and constitutes a material breach of these Terms
  • The service is designed for testing and educational purposes only in a risk-free demo environment with simulated funds
  • Demo accounts allow users to test strategies against live market conditions without risking real capital
  • We reserve the right to immediately terminate accounts found to be using MT4 integration with real money accounts
  • Users bear full responsibility for ensuring they connect only to demo accounts, and we accept no liability for any losses incurred if users breach this requirement
1.5 Jurisdictional Compliance

The information provided when using the Services is not intended 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 which would subject us to any registration requirement within such jurisdiction or country. Accordingly, those persons who choose to access the Services from other locations do so on their own initiative and are solely responsible for compliance with local laws, if and to the extent local laws are applicable.
2. CRITICAL DISCLAIMERS AND RISK WARNINGS

2.1 NO FINANCIAL ADVICE OR INVESTMENT SERVICES

IMPORTANT: We are NOT providing investment advice, financial advice, trading recommendations, or any regulated financial services. We provide technology tools only.
  • We do NOT suggest which strategies to create or how profitable any strategy may be
  • We do NOT recommend specific trading decisions or investment actions
  • All trading decisions are made solely by users based on their own analysis, judgment, and strategy creation
  • Users are entirely responsible for their own trading decisions, strategies, and outcomes
2.2 TECHNOLOGY SERVICE ONLY

  • We provide software technology tools for strategy creation, testing, and signal generation ONLY
  • We do NOT handle, manage, access, or have any control over user funds or broker accounts
  • We do NOT execute trades on behalf of users or act as a broker
  • All financial transactions occur directly between users and their chosen third-party brokers
  • We have no involvement in the actual trading process beyond signal generation
2.3 TRADING RISK WARNINGS

WARNING: TRADING FINANCIAL INSTRUMENTS INVOLVES SUBSTANTIAL RISK OF LOSS. YOU MAY LOSE SOME OR ALL OF YOUR INVESTED CAPITAL.

By using our Services, you acknowledge and accept that:
  • Past performance and backtesting results do NOT guarantee future performance
  • Algorithmic trading strategies may fail, malfunction, or produce unexpected results
  • Market conditions can change rapidly, significantly affecting strategy performance
  • Technical failures, internet connectivity issues, or software errors may impact signal delivery
  • YOU TRADE ENTIRELY AT YOUR OWN RISK
  • YOU ARE SOLELY RESPONSIBLE FOR ANY AND ALL TRADING LOSSES
2.4 NO GUARANTEES OR WARRANTIES

We make NO representations, warranties, or guarantees about:
  • The profitability or success of any trading strategy
  • The accuracy of signals or strategy performance
  • Continuous availability of the service
  • Compatibility with all broker platforms or market conditions
3. USER RESPONSIBILITIES AND OBLIGATIONS

3.1 Strategy Creation and Management

  • Users are solely responsible for creating, testing, configuring, and managing their trading strategies
  • Users must ensure their strategies and trading activities comply with all applicable laws and regulations in their jurisdiction
  • Users are responsible for monitoring and controlling their MT4 integration activities at all times
  • Users must conduct their own due diligence and risk assessment before activating any strategy
3.2 Technical and Broker Requirements

  • Users must maintain their own MT4 platform and establish their own broker relationships
  • Users are responsible for proper installation, configuration, and operation of our EA software
  • Users must ensure adequate internet connectivity, system security, and computer performance
  • Users are responsible for understanding and complying with their broker's terms and conditions
3.3 Regulatory and Legal Compliance

  • Users are entirely responsible for compliance with all applicable financial regulations in their jurisdiction
  • Users must ensure they are legally permitted to engage in algorithmic trading in their location
  • Users should seek independent legal, tax, and financial advice regarding their trading activities
  • Users must ensure they meet any minimum age, residency, or other legal requirements for trading
3.4 Risk Management

  • Users are solely responsible for implementing appropriate risk management measures
  • Users must set appropriate position sizes, stop losses, and risk limits
  • Users should never risk more than they can afford to lose
  • Users are responsible for monitoring market conditions and adjusting strategies accordingly
4. SUBSCRIPTION PLANS, PAYMENT TERMS, AND CREDITS

4.1 Subscription Tiers

We offer four membership tiers:
  • Starter: Free tier with limited features and restricted access to indicators and currency pairs
  • Basic: Paid tier with expanded features but some restrictions
  • Premium: Paid tier with most features and minimal restrictions
  • Unlimited: Paid tier with full access to all features without restrictions
Detailed feature comparisons and current pricing are available on our website at www.forex-sim.com/pricing. We reserve the right to modify subscription tier features and pricing with reasonable notice.

4.2 Testing Credits (Tokens)

  • All subscription tiers include monthly credits (also referred to as "tokens") for running backtests
  • Credits are consumed as backtests progress, with longer backtests consuming more credits than shorter ones
  • Credit consumption rates are displayed before initiating each backtest
  • Unused credits do not roll over to subsequent billing periods unless otherwise specified in your subscription tier
  • Additional credits may be purchased separately if available for your subscription tier
  • Credits have no monetary value and cannot be redeemed for cash or transferred to other users
4.3 Payment Processing

  • All payments are processed securely through Stripe, our third-party payment processor
  • By subscribing to a paid tier, you authorize us to charge your payment method for the subscription fees
  • You are responsible for providing accurate and current payment information
  • You agree to pay all fees and applicable taxes incurred through your account
  • Payment method information is stored and processed by Stripe in accordance with their terms of service and privacy policy
  • We do not store your complete payment card details on our servers
4.4 Subscription Billing and Renewal

  • Paid subscriptions are billed on a monthly recurring basis unless otherwise specified
  • Subscriptions automatically renew at the end of each billing period unless cancelled before the renewal date
  • You will be charged the then-current subscription fee for your tier upon each renewal
  • We will provide reasonable notice of any price increases before they take effect
  • Continued use of the Services after a price increase constitutes acceptance of the new pricing
4.5 Upgrading and Downgrading Subscriptions

  • You may upgrade your subscription tier at any time through your account settings
  • When upgrading, you will be charged immediately for the new tier, and your subscription period resets from the upgrade date
  • When upgrading, you will receive the credit allocation for the new tier immediately
  • You may downgrade your subscription tier at any time through your account settings
  • Downgrades take effect at the end of your current billing period
  • You will retain access to your current tier's features until the end of the paid period
  • Upon downgrade, any unused credits that exceed the new tier's allocation will be forfeited
  • Features restricted in lower tiers will become unavailable after the downgrade takes effect
4.6 Cancellation and Refunds

  • You may cancel your subscription at any time through your account settings or by contacting support@forex-sim.com
  • Cancellations take effect at the end of the current billing period
  • You will retain access to paid features until the end of your paid subscription period
  • We do not provide refunds for partial subscription periods, unused credits, or early cancellations
  • Subscriptions cancelled mid-cycle will not receive prorated refunds
  • In exceptional circumstances, refunds may be considered at our sole discretion on a case-by-case basis
  • If we terminate your account for breach of these Terms, you will not be entitled to any refund
4.7 Failed Payments and Account Suspension

  • If a payment fails, we will attempt to process the payment again within a reasonable timeframe
  • You are responsible for updating your payment information if your payment method expires or becomes invalid
  • Continued payment failures may result in suspension or downgrade of your account to the free Starter tier
  • Your account data, strategies, and backtest history will be preserved during payment-related suspensions
  • You may reactivate your subscription by updating your payment information and clearing any outstanding balances
4.8 Free Trial (If Applicable)

  • We may offer free trials of paid subscription tiers from time to time
  • Free trial terms, duration, and features will be specified at the time of sign-up
  • You may be required to provide payment information to start a free trial
  • Unless you cancel before the trial period ends, you will be automatically charged for the subscription
  • We reserve the right to limit free trial eligibility and to terminate trials that violate these Terms
5. INTELLECTUAL PROPERTY RIGHTS

5.1 Our Intellectual Property

We are the owner or the licensee of all intellectual property rights in our Services, including all source code, databases, functionality, software, website designs, audio, video, text, photographs, and graphics in the Services (collectively, the "Content"), as well as the trademarks, service marks, and logos contained therein (the "Marks").

Our Content and Marks are protected by copyright and trademark laws (and various other intellectual property rights and unfair competition laws) and treaties around the world.

The Content and Marks are provided in or through the Services "AS IS" for your personal, non-commercial use or internal business purpose only.

5.2 Your Use of Our Services

Subject to your compliance with these Legal Terms, including the "PROHIBITED ACTIVITIES" section below, we grant you a non-exclusive, non-transferable, revocable license to:
  • Access the services
  • Download or print a copy of any portion of the Content to which you have properly gained access, solely for your personal, non-commercial use or internal business purpose.
5.3 User-Created Strategies

  • Users retain ownership of their created trading strategies and parameters
  • Users grant us limited rights to process their strategy data solely for signal generation and service operation
  • We do not claim ownership of user strategies but may use aggregated, anonymized data for service improvement
6. USER REPRESENTATIONS

By using the Services, you represent and warrant that:
  • You have the legal capacity and you agree to comply with these Legal Terms
  • You are not a minor in the jurisdiction in which you reside, or you have proper parental/guardian consent
  • You are legally permitted to engage in trading activities in your jurisdiction
  • You understand the risks associated with trading and algorithmic trading specifically
  • You will not access the Services through automated or non-human means, whether through a bot, script or otherwise
  • You will not use the Services for any illegal or unauthorized purpose
  • Your use of the Services will not violate any applicable law or regulation
  • You have sufficient knowledge and experience to understand the risks involved in trading
7. PROHIBITED ACTIVITIES

You may not access or use the Services for any purpose other than that for which we make the Services available. As a user of the Services, you agree not to:

  • Connect the MT4 Expert Advisor to any real money trading account or use MT4 integration features with live, funded broker accounts
  • Use the Services to engage in market manipulation, fraud, or any illegal trading practices
  • Attempt to reverse engineer, hack, or compromise our systems or algorithms
  • Share account credentials, API keys, or access information with unauthorized parties
  • Use the Services to create strategies designed to manipulate markets or harm other traders
  • Systematically retrieve data or other content from the Services to create competing services
  • Circumvent, disable, or interfere with security-related features of the Services
  • Upload or transmit viruses, malware, or other harmful code
  • Use the Services for money laundering or other financial crimes
  • Violate any applicable securities laws, regulations, or trading rules
  • Create multiple accounts to circumvent limitations or restrictions
  • Use the Services in any way that could damage our reputation or business
  • Engage in any automated use of the system beyond our intended EA functionality
8. ACCOUNT MANAGEMENT AND DATA

8.1 Account Creation and Security

  • To access certain features of the Services, you must create an account by providing accurate and complete information
  • You are responsible for maintaining the confidentiality of your account credentials and for all activities under your account
  • You must be at least 18 years of age to create an account and use the Services
  • You agree to immediately notify us of any unauthorized access to or use of your account
  • We reserve the right to suspend or terminate accounts created with false or misleading information
  • You may not share your account credentials or allow others to access your account
  • You are responsible for implementing reasonable security measures, including strong passwords
8.2 Account Termination and Data Retention

  • You may request deletion of your account at any time by contacting support@forex-sim.com
  • Upon account deletion, your access to the Services will be immediately terminated
  • We will retain your account data for 90 days after deletion to allow for account recovery if requested
  • After 90 days, your strategies, backtest results, and account data will be permanently deleted
  • We may retain certain data for longer periods where required by law or for legitimate business purposes
  • Aggregated, anonymized data derived from your usage may be retained indefinitely for research and service improvement
  • You may request a data export of your strategies and backtest results before account deletion
8.3 Data Export

  • You may export your trading strategies and backtest results at any time through the Services interface
  • Data exports are provided in industry-standard formats (CSV, JSON) where applicable
  • We may limit the frequency of data export requests to prevent abuse of the system
  • Export functionality is subject to your subscription tier limitations
9. LIMITATION OF LIABILITY AND EXEMPTION FROM TRADING LOSSES

9.1 TRADING LOSS EXEMPTION

CRITICAL PROVISION: TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE ARE NOT LIABLE FOR ANY TRADING LOSSES, FINANCIAL DAMAGES, OR INVESTMENT LOSSES OF ANY KIND, INCLUDING BUT NOT LIMITED TO:
  • Losses resulting from strategy performance or failure
  • Losses due to market movements or volatility
  • Losses caused by technical failures, delays, or system errors
  • Losses resulting from signal generation errors or delays
  • Losses due to broker execution issues or slippage
  • Missed trading opportunities or failed executions
  • Any direct, indirect, incidental, consequential, or punitive damages related to trading
YOU ACKNOWLEDGE THAT ALL TRADING DECISIONS AND STRATEGIES ARE YOUR CHOICE AND YOUR RESPONSIBILITY. WE PROVIDE TOOLS ONLY - YOU CONTROL ALL TRADING DECISIONS.

9.2 Service Limitations

TO THE MAXIMUM EXTENT PERMITTED BY LAW:
  • We provide the Service "AS IS" without warranties of any kind
  • Our total liability for any claims is limited to the fees paid for the Service in the preceding 12 months
  • We disclaim all warranties regarding service availability, accuracy, or performance
9.3 Technology and System Failures

We are not liable for:
  • System downtime, server failures, or technical malfunctions
  • Internet connectivity issues or network problems
  • Software bugs, errors, or unexpected behavior
  • Data loss or corruption
  • Compatibility issues with third-party platforms
10. INDEMNIFICATION

You agree to defend, indemnify, and hold us harmless, including our subsidiaries, affiliates, and all of our respective officers, agents, partners, and employees, from and against any loss, damage, liability, claim, or demand, including reasonable attorneys' fees and expenses, made by any third party due to or arising out of:
  • Your use of the Services and any trading activities
  • Your trading strategies and their implementation
  • Any breach of these Legal Terms
  • Any breach of your representations and warranties
  • Your violation of the rights of a third party, including intellectual property rights
  • Any trading losses or disputes with brokers or other parties
  • Any regulatory violations or legal issues arising from your trading activities
11. DATA PROTECTION, PRIVACY, AND GDPR COMPLIANCE

11.1 Privacy Policy and GDPR Compliance

  • Our collection, use, and processing of personal data is governed by our Privacy Policy, which is incorporated into these Terms by reference
  • We comply with the UK General Data Protection Regulation (UK GDPR) and the Data Protection Act 2018
  • We act as the data controller for personal information collected through the Services
  • Our Privacy Policy can be accessed at www.forex-sim.com/privacy-policy
  • By using the Services, you consent to the collection and use of information as described in our Privacy Policy
11.2 Data Collection and Use

We collect and process the following categories of data:
  • Account Information: Name, email address, payment information (processed by Stripe)
  • Strategy Data: Trading strategy parameters, rules, and configurations you create
  • Usage Data: Backtest executions, platform usage, feature interactions, and performance metrics
  • Technical Data: IP address, browser type, device information, and access logs
  • We do NOT collect, store, or access: personal financial information, broker account credentials, trading capital amounts, or individual transaction details from your broker
  • We may use aggregated, anonymized data for research, development, and service improvement
11.3 Your Data Rights (GDPR)

Under UK GDPR, you have the following rights regarding your personal data:
  • Right of Access: You may request confirmation of what personal data we hold about you and receive a copy
  • Right to Rectification: You may request correction of inaccurate or incomplete personal data
  • Right to Erasure: You may request deletion of your personal data in certain circumstances
  • Right to Restrict Processing: You may request that we limit how we use your personal data
  • Right to Data Portability: You may request a copy of your data in a structured, commonly used format
  • Right to Object: You may object to processing of your personal data for certain purposes
  • Right to Withdraw Consent: Where we rely on consent, you may withdraw it at any time
  • To exercise any of these rights, please contact us at privacy@forex-sim.com
  • We will respond to your request within one month as required by UK GDPR
11.4 Data Retention

  • We retain personal data only for as long as necessary to provide the Services and fulfill legal obligations
  • Active account data is retained for the duration of your subscription
  • After account deletion, data is retained for 90 days to allow for recovery, then permanently deleted
  • Financial records and transaction data may be retained for 7 years to comply with UK tax and accounting requirements
  • Aggregated, anonymized data may be retained indefinitely for statistical and research purposes
11.5 Data Security

  • We implement appropriate technical and organizational measures to protect your personal data
  • All data transmissions are encrypted using industry-standard SSL/TLS protocols
  • Personal data is stored on secure servers with restricted access controls
  • Payment information is processed and stored by Stripe, a PCI DSS compliant payment processor
  • We regularly review and update our security practices to protect against unauthorized access
  • Despite our efforts, no system is completely secure; you use the Services at your own risk
11.6 Data Breach Notification

  • In the event of a data breach affecting your personal data, we will notify you without undue delay as required by UK GDPR
  • We will also notify the Information Commissioner's Office (ICO) within 72 hours where required by law
  • Notifications will include information about the nature of the breach, likely consequences, and measures taken
11.7 Cookies and Tracking Technologies

  • We use cookies and similar tracking technologies to enhance your experience and analyze usage patterns
  • You can manage cookie preferences through your browser settings
  • For detailed information about our use of cookies, please see our Cookie Policy
  • Some features of the Services may not function properly if cookies are disabled
11.8 International Data Transfers

  • Your data is primarily processed and stored within the United Kingdom and European Economic Area (EEA)
  • We use Amazon Web Services (AWS) infrastructure located in the EU-West-2 (London) region
  • If data is transferred outside the UK/EEA, we ensure appropriate safeguards are in place as required by UK GDPR
11.9 Third-Party Data Services

  • Any money paid to ForexSim is exclusively for the development and maintenance of our Services
  • ForexSim is not a market data provider; we access third-party market data services on your behalf
  • Market data is provided by third-party services including Dukascopy (https://www.dukascopy.com/)
  • Third-party data providers operate independently and may change, restrict, or discontinue services at any time
  • We accept no liability for changes to third-party data services or their impact on the Services
  • Your use of third-party data is subject to their respective terms and privacy policies
11.10 Contact for Privacy Matters

  • For questions about data protection, privacy, or to exercise your GDPR rights, contact: privacy@forex-sim.com
  • You have the right to lodge a complaint with the Information Commissioner's Office (ICO) at https://ico.org.uk/
12. SERVICE LEVEL AGREEMENT AND AVAILABILITY

12.1 Service Availability

  • We strive to provide reliable and continuous access to the Services, but we do not guarantee uninterrupted availability
  • We target 99% uptime for the Services, calculated monthly, excluding scheduled maintenance
  • Uptime targets are goals, not guarantees, and do not constitute a warranty or service level commitment
  • Service availability may be affected by factors outside our reasonable control, including internet connectivity, third-party services, and force majeure events
12.2 Scheduled Maintenance

  • We may perform scheduled maintenance that temporarily limits or prevents access to the Services
  • We will provide advance notice of planned maintenance via email or platform notification when reasonably possible
  • Scheduled maintenance windows are typically conducted during off-peak hours to minimize user impact
  • We reserve the right to perform emergency maintenance without advance notice if necessary to protect the integrity and security of the Services
12.3 Service Interruptions

  • In the event of unexpected service interruptions, we will work diligently to restore normal operations as quickly as possible
  • We will provide updates on service status through our website or status page when available
  • Service interruptions do not entitle users to refunds, credits, or other compensation unless explicitly stated
12.4 No Service Level Credits

  • We do not provide service level credits, refunds, or compensation for service interruptions, downtime, or performance issues
  • Your sole remedy for service unavailability is to cancel your subscription in accordance with Section 4.6
13. SERVICES MANAGEMENT AND TERMINATION

13.1 Service Management

We reserve the right, but not the obligation, to:
  • Monitor the Services for violations of these Legal Terms
  • Take appropriate legal action against anyone who violates these terms
  • Refuse, restrict access to, limit availability of, or disable any content or features
  • Remove content that violates these terms or applicable laws
  • Manage the Services to protect our rights and ensure proper functioning
13.2 Termination

These Legal Terms shall remain in full force and effect while you use the Services. We reserve the right to deny access to and use of the Services to any person for any reason, including breach of these terms.

If we terminate your account:
  • You must immediately cease all use of the Services
  • You remain liable for any outstanding obligations
  • We may take appropriate legal action if necessary
14. GOVERNING LAW AND DISPUTE RESOLUTION

14.1 Governing Law

These Legal Terms shall be governed by and defined following the laws of the United Kingdom. The Company and yourself irrevocably consent that the courts of the United Kingdom shall have exclusive jurisdiction to resolve any dispute which may arise in connection with these Legal Terms.

14.2 Dispute Resolution Process

Informal Negotiations: To expedite resolution and control costs, the Parties agree to first attempt to negotiate any Dispute informally for at least 180 days before initiating arbitration.

Binding Arbitration: Any dispute arising out of or in connection with these Legal Terms shall be referred to and finally resolved by the International Commercial Arbitration Court under the European Arbitration Chamber (Belgium, Brussels, Avenue Louise, 146) according to their Rules. The seat of arbitration shall be the United Kingdom, and the language of proceedings shall be English.
15. DISCLAIMERS

THE SERVICES ARE PROVIDED ON AN AS-IS AND AS-AVAILABLE BASIS. YOU AGREE THAT YOUR USE OF THE SERVICES WILL BE AT YOUR SOLE RISK. TO THE FULLEST EXTENT PERMITTED BY LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, IN CONNECTION WITH THE SERVICES AND YOUR USE THEREOF.

WE SPECIFICALLY DISCLAIM ANY WARRANTIES REGARDING:
  • Trading profitability or success
  • Strategy performance or reliability
  • Signal accuracy or timing
  • System availability or uptime
  • Compatibility with broker platforms
  • Market data accuracy or completeness
16. IMPORTANT REGULATORY NOTICE

16.1 Service Classification

Our Services constitute technology tools and software platforms only. We do not:
  • Provide regulated financial services or investment advice
  • Act as a broker, dealer, or investment advisor
  • Manage client funds or execute trades
  • Offer investment recommendations or portfolio management
16.2 User Compliance Obligations

Users are solely responsible for:
  • Determining whether our Services are suitable for their circumstances and jurisdiction
  • Complying with all applicable financial regulations and trading rules
  • Ensuring they have proper authorization for algorithmic trading activities
  • Consulting with qualified legal and financial professionals as needed
17. CHANGES TO THESE TERMS

  • We reserve the right to modify these Legal Terms at any time in our sole discretion
  • We will update the "Last Updated" date at the top of these Terms to reflect any changes
  • For material changes that significantly affect your rights or obligations, we will provide advance notice via email to the address associated with your account or through a prominent notice on the Services
  • We will provide at least 30 days' notice for material changes before they take effect
  • Your continued use of the Services after the effective date of any changes constitutes your acceptance of the revised Terms
  • If you do not agree to the modified Terms, you must stop using the Services and may cancel your subscription in accordance with Section 4.6
  • It is your responsibility to periodically review these Terms to stay informed of updates
18. ELECTRONIC COMMUNICATIONS

Visiting the Services, sending us emails, and completing online forms constitute electronic communications. You consent to receive electronic communications, and you agree that all agreements, notices, disclosures, and other communications we provide to you electronically satisfy any legal requirement that such communication be in writing.
19. MISCELLANEOUS

19.1 Entire Agreement

These Legal Terms, together with our Privacy Policy and any other policies referenced herein, constitute the entire agreement between you and us regarding the Services and supersede all prior agreements, understandings, and communications, whether oral or written.

19.2 Severability

If any provision of these Terms is determined by a court of competent jurisdiction to be unlawful, void, or unenforceable, that provision shall be deemed severable and shall not affect the validity and enforceability of the remaining provisions. The unenforceable provision shall be modified to the minimum extent necessary to make it enforceable while preserving the parties' original intent.

19.3 Waiver

Our failure to exercise or enforce any right or provision of these Terms shall not operate as a waiver of such right or provision. No waiver of any provision shall be deemed a further or continuing waiver of such provision or any other provision.

19.4 Assignment

We may assign our rights and obligations under these Terms to others at any time, including in connection with a merger, acquisition, reorganization, or sale of assets. You may not assign or transfer your rights or obligations under these Terms without our prior written consent. Any attempted assignment in violation of this provision is void.

19.5 Force Majeure

We shall not be liable for any failure or delay in performing our obligations under these Terms due to circumstances beyond our reasonable control, including but not limited to acts of God, war, terrorism, civil unrest, labor disputes, telecommunications failures, internet outages, power failures, or governmental actions.

19.6 Third-Party Beneficiaries

These Terms are for the benefit of you and us only. No third party shall have any right to enforce any provision of these Terms.

19.7 Survival

Provisions of these Terms that by their nature should survive termination shall survive, including but not limited to: ownership provisions, warranty disclaimers, indemnification, limitations of liability, dispute resolution, and governing law.

FINAL ACKNOWLEDGMENT: BY USING OUR SERVICES, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS AND CONDITIONS. YOU SPECIFICALLY ACKNOWLEDGE THE TRADING RISKS INVOLVED AND AGREE THAT WE ARE NOT RESPONSIBLE FOR YOUR TRADING LOSSES OR INVESTMENT DECISIONS.
20. CONTACT INFORMATION

  • General Inquiries: support@forex-sim.com
  • Legal Matters: legal@forex-sim.com
  • Privacy & Data Protection: privacy@forex-sim.com
  • Website: www.forex-sim.com

For questions about these Legal Terms, to resolve complaints regarding the Services, or to exercise your rights under UK GDPR, please contact us using the appropriate email address above.