cTrader Broker Offer Terms & Conditions
These terms and conditions ("terms of service") describe the terms and conditions that ClickAlgo Limited ("we", "us" or "our") uses on its website (“Site”) and the choices that you have. This is a legal agreement between ClickAlgo Limited and the customer who has signed up for a live account with IC Markets or Varianse as part of our Introducing Broker (IB) ("broker deal") program
IC Markets (EU) Ltd hereinafter, the “IC Markets” or the “Company” or “its”, is a Cyprus Investment Firm (“CIF”) registered and incorporated in the Republic of Cyprus through the Department of Registrar of Companies and Official Receiver under the Registration No HE356877 and is governed by the laws and regulations of the Republic of Cyprus. IC Markets is authorised and regulated by the Cyprus Securities and Exchange Commission (“CySEC”) under Licence No: 362/18.
Varianse - VDX Ltd Authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom, FCA Register no. 802012. VDX Ltd is registered in England and Wales under company number 11050659, with registered address 20 North Audley Street, Mayfair, London, W1K 6LX, United Kingdom.
General
These Terms and Conditions shall apply to ClickAlgo Limited & the Customer who has signed up for the Introducing Broker program with IC Markets or Varianse and their entity companies with a live account that was introduced by ClickAlgo Limited.
Acknowledgement
The Customer acknowledges that he/she took sufficient time to carefully read and understood these Terms and Conditions, as amended from time to time, in addition to any Legal Documents provided on the Company’s official website.
The Customer acknowledges that the Company’s official language is English, and the acceptance of the Terms and Conditions shall constitute a binding legal agreement with the Company.
- An email confirmation of this agreement by the Customer will be deemed to have “signed” and/or acknowledged the document to the same extent and with the same effect as if he/she had signed the document manually. To the extent permitted under applicable mandatory Law, the Client now waives any rights or requirements under applicable laws, rules and/or regulations in any jurisdiction which require an original (non-electronic) signature or delivery or retention of non-electronic records.
The Customer acknowledges that the gift voucher provided as part of the broker offer deal will only be issued when the customer signs up with a live account with IC Markets or Varianse.
- The gift voucher is non-refundable and cannot be converted to real money or exchanged for another product.
- The gift voucher can not be used for any vendor product sold on the ClickAlgo marketplace.
Our Obligations
ClickAlgo Limited shall:
ClickAlgo Limited shall provide the Customer with a digital gift voucher for the agreed amount when they have signed up with a live account with a selected broker.
The Customer's Obligations
The Customer shall:
Sign up with a live account with IC Markets using the sign-up button on the ClickAlgo website page for broker deals.
Provide us with the live account number that was used to sign up with the new live account.
- Register a customer account on the Clickalgo website.
Deposit at least $200 or equivalent value in local currency.
- Closed your first trade.
Reside in a country accepted for this special broker deal, contact us if you are unsure.
- Not be already registered as a Client of IC Markets under a different name or through a different identity.
Only install the product on a maximum of two machines (PC, Laptop or VPS) as described in our Licensing FAQs.
Termination
This Agreement shall continue until the client no longer has a live account with IC Markets using the same account number that was used to sign up. If the customer terminates this agreement, ClickAlgo Limited will deactivate all products provided as part of the IC Markets broker deal.
Amendments
This Agreement may not be released, discharged, supplemented, interpreted, amended, varied or modified in any manner except by an instrument in writing signed by a duly authorized officer or representative of each of the parties.
Entire Agreement
This Agreement supersedes all prior agreements, arrangements and undertakings between the parties and constitutes the entire agreement between the parties relating to the subject matter of this Agreement. However, the obligations of the parties under any pre-existing non-disclosure agreement shall remain in full force and effect in so far as there is no conflict between the same. The parties confirm that they have not entered into this Agreement on the basis of any representation that is not expressly incorporated into this Agreement.
Severance
If any provision of this Agreement is prohibited by law or judged by a court to be unlawful, void or unenforceable, the provision shall, to the extent required, be severed from this Agreement and rendered ineffective as far as possible without modifying the remaining provisions of this Agreement, and shall not in any way affect any other circumstances of or the validity or enforcement of this Agreement.
Waiver
No delay, neglect or forbearance on the part of either party in enforcing against the other party any term or condition of this Agreement shall either be or be deemed to be a waiver or in any way prejudice any right of that party under this Agreement. No right, power or remedy in this Agreement conferred upon or reserved for either party is exclusive of any other right, power or remedy available to that party.
Dispute Resolution
For the purpose of this clause, a dispute shall be deemed to have arisen when one party serves on the other notice in writing via email stating the nature of the dispute.
Any dispute which may arise between the parties concerning this Agreement shall be determined as follows.
Within 24 hours the representatives of the Parties shall correspond via email and or telephone to attempt to settle the dispute by mutual agreement.
- In any other case if the dispute remains unresolved the dispute shall be determined by the High Court of Justice in England and the Parties submit to the exclusive jurisdiction of that Court for such purposes.
Live Trading Risks
By using our service you confirm you understand live algorithmic trading has many risks and ClickAlgo Limited is not held responsible for any losses incurred by using our service.
These risks include but are not limited to:
- Design risks; errors in data, incorrect assumptions, logical program errors. Even if you designed a perfect strategy, past performance is no guarantee of future results.
- Loss of internet connectivity; resulting in disconnections from brokerage, trades not placed, not seeing the results of the algorithm and orders failing to be placed.
- Poor algorithm design; resulting in runaway strategies, machine gun orders, run-time errors halting program operation, failure to trade when expected, and termination of the algorithm.
- Unexpected market conditions; result in poor fill prices, rapid losses (flash crashes), and late exchange openings.
- Data issues; broken, dirty, delayed or intermittent data connections causing algorithm errors. This includes data inaccuracies (exchanges sometimes publish bad/fictional trades).
- Execution issues; order submissions, updates and cancellations could be rejected or delayed. Trades could be disallowed by authorities without warning.
- Malicious activities; criminal activity could cause your algorithm to fail or your brokerage account to become compromised, leaking personal information, intellectual property or theft of your funds.
- These events can cause the loss of all funds and holdings in your brokerage account. Algorithmic trading losses can occur faster than in manual trading and you should consult an investment professional to discuss these risks. You should continually monitor the operation of a live trading algorithm to ensure it is running properly.
Every time you use our service you agree that in all cases ClickAlgo Limited bears no responsibility for losses incurred, and offers no guarantees or expectations of the trading software we provide as part of the broker's deal performance or stability.
ClickAlgo Limited reserves the right to change its Terms & Conditions
ClickAlgo Limited is a company registered in England and Wales with company number 13117395
