End User License Agreement (EULA)
Vector Algorithmics Inc.
This End User License Agreement (“Agreement”) is a legally binding contract between you (“User,” “Licensee,” or “Client”) and Vector Algorithmics Inc. (“Vector Algorithmics Inc.,” “Licensor,” “we,” “us,” or “our”). By accessing, installing, or using the Vector Algorithmics Inc. software (the “Software”), you agree to be bound by the terms of this Agreement. If you do not agree, you may not use the Software.
1. License Grant
- Vector Algorithmics Inc. grants you a limited, non-exclusive, non-transferable, revocable license to use the Software solely for your own personal trading purposes, subject to this Agreement.
- This is a license to use, not a sale. You acquire no ownership rights, intellectual property rights, or claims over the Software or its underlying code.
2. Restrictions
You agree that you will NOT:
- Copy, distribute, sell, rent, sublicense, or otherwise transfer the Software.
- Reverse-engineer, decompile, disassemble, or attempt to discover the source code.
- Modify, alter, or create derivative works of the Software.
- Share access with any third party, including reselling, account-sharing, or unauthorized redistribution.
- Use the Software in violation of any applicable laws, exchange rules, or broker agreements.
3. Ownership
All intellectual property rights in and to the Software, including but not limited to algorithms, source code, trade secrets, and documentation, remain exclusively owned by Vector Algorithmics Inc.
4. No Financial Advice
- The Software is provided strictly as a tool.
- Vector Algorithmics Inc. is not a money manager, financial advisor, or broker-dealer.
- The Software does not provide investment advice, recommendations, or individualized trading management.
- All trading decisions and results are the sole responsibility of the User.
5. Risk Disclosure
- Trading involves significant risk of loss, including the potential loss of all invested capital.
- Leverage, futures, and derivatives can magnify losses beyond deposits.
- Past performance does not guarantee future results.
- Use of the Software does not assure profits, risk reduction, or favorable outcomes.
6. System & Technology Risks
The Software may be subject to interruptions, delays, outages, or errors due to factors including but not limited to:
- Broker execution quality, data feeds, APIs, and connectivity.
- Internet or hardware failures.
- Third-party service disruptions. Vector Algorithmics Inc. assumes no liability for losses resulting from such issues.
7. User Responsibility
- You control all trading account settings, including position sizing, leverage, and margin.
- You are responsible for enabling, disabling, and monitoring the Software.
- You must consult your own financial, tax, or legal advisors before trading.
- Vector Algorithmics Inc. does not and cannot guarantee compliance with your broker’s or prop firm’s rules.
8. Term & Termination
- This Agreement is effective upon installation or first use of the Software.
- Vector Algorithmics Inc. may terminate your license immediately if you breach any terms herein.
- Upon termination, you must immediately cease all use of the Software and destroy any copies.
9. No Warranties / “As Is” Basis
The Software is provided “AS IS” and “AS AVAILABLE” without warranties of any kind, express or implied. Vector Algorithmics Inc. disclaims all warranties, including but not limited to merchantability, fitness for a particular purpose, and non-infringement.
10. Limitation of Liability
- Vector Algorithmics Inc. shall not be liable for any direct, indirect, incidental, consequential, or punitive damages, including but not limited to trading losses, missed opportunities, or business interruptions.
- Your sole and exclusive remedy for dissatisfaction with the Software is to stop using it.
11. No Refunds
Unless explicitly stated otherwise in a signed agreement, all payments are final and non-refundable.
12. Governing Law & Dispute Resolution
This Agreement shall be governed by and construed under the laws of Ontario, Canada. Any disputes shall first be attempted through good-faith negotiation.
- If unresolved, disputes shall be submitted to binding arbitration in Ontario, Canada.
- Class actions, collective claims, or representative proceedings are waived.
13. Entire Agreement
This Agreement constitutes the entire understanding between Vector Algorithmics Inc. and the User regarding the Software and supersedes any prior agreements.
By installing or using the Vector Algorithmics Inc. Software, you acknowledge that you have read, understood, and agreed to this End User License Agreement.