Welcome to Professional Forex Automation Solutions. These Terms of Service ("Terms") govern your access to and use of our Expert Advisors, software, and services ("Products"). By purchasing, downloading, installing, or using our Products, you agree to be bound by these Terms. If you do not agree to these Terms, please do not purchase or use our Products.
1. Software License Agreement
Professional Forex Automation Solutions ("we," "us," or "our") grants you a non-exclusive, non-transferable license to use the purchased Expert Advisor software ("Software") subject to the following conditions:
- You may install and use the Software on up to two (2) trading accounts that you own and control.
- You may not sublicense, rent, lease, loan, sell, distribute, or create derivative works based on the Software.
- You may not reverse engineer, decompile, or disassemble the Software except to the extent such activity is expressly permitted by applicable law.
- This license is for personal or business use and does not permit reselling the Software as your own product.
- The license is perpetual, subject to termination as provided in these Terms.
1.1 License Types
We offer the following license types:
- Standard License: Permits installation on up to two (2) trading accounts owned by the purchaser.
- Multi-Account License: Available for purchase separately, permits installation on additional trading accounts as specified at the time of purchase.
2. Payment Terms
By purchasing our Products, you agree to the following payment terms:
- All prices are listed in US Dollars (USD) unless otherwise specified.
- Payment is due in full at the time of purchase.
- We currently accept WebMoney as our payment method. Additional payment methods may be added in the future.
- You agree to provide accurate and complete payment information.
- Prices are subject to change, but changes will not affect prior purchases.
- You are responsible for all taxes, duties, and fees associated with your purchase, except for taxes based on our income.
2.2 Software Delivery
After successful payment, our software delivery process works as follows:
- You will receive an email confirmation within 5 minutes of purchase containing:
- Download link for the Expert Advisor software
- License key and activation instructions
- Installation guide and documentation
- Access credentials to our customer portal (if applicable)
- Standard delivery time is immediate to 1 hour after payment confirmation
- If you haven't received your delivery email within 1 hour, please check your spam folder or contact our support team
2.3 Trial Period
We offer the following trial options:
- Demonstration versions of our products are available for download:
- The demo versions have full functionality but are limited to backtesting only for one week
- No credit card or payment information is required for the trial period
- Trial period cannot be extended and is limited to one trial per customer
4. Intellectual Property Rights
All intellectual property rights in the Software and related documentation remain the property of Professional Forex Automation Solutions. You acknowledge that:
- The Software, including its code, structure, organization, and design, is protected by copyright, trade secret, and other intellectual property laws.
- You acquire only the right to use the Software as expressly provided in these Terms and do not acquire any ownership rights.
- All trademarks, service marks, logos, and trade names displayed on our website or in our Products are our property or the property of their respective owners.
- You may not remove, alter, or obscure any copyright, trademark, or other proprietary notices contained in the Software.
- Any feedback, suggestions, or ideas you provide regarding our Products may be used by us without any obligation to compensate you.
5. Usage Limitations
When using our Products, you agree to the following limitations:
- You will use the Software only for lawful purposes and in accordance with these Terms.
- You will not use the Software in any way that could damage, disable, overburden, or impair our servers or networks.
- You will not attempt to gain unauthorized access to any part of our Services, systems, or networks.
- You will not use the Software to engage in market manipulation, fraud, or any other illegal trading activities.
- You will not share your account credentials or license keys with unauthorized users.
- You acknowledge that automated trading carries inherent risks, and you assume full responsibility for your trading decisions.
5.1 Technical Requirements
To use our Software, you must have:
- A compatible trading platform (MetaTrader 4 or MetaTrader 5) installed and properly configured.
- A trading account with a broker that supports the MetaTrader platform.
- Sufficient knowledge of how to install and operate Expert Advisors.
- Adequate internet connectivity to ensure proper operation of the Software.
6. Liability Disclaimers
Trading foreign exchange and using automated trading systems involves significant risk. By using our Products, you acknowledge and agree to the following:
- THE SOFTWARE IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.
- We do not guarantee that the Software will meet your requirements, be error-free, or operate without interruption.
- Past performance is not indicative of future results. We make no representations or guarantees regarding the profitability of the Software.
- We are not responsible for any trading losses you may incur as a result of using our Products.
- TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL WE BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, RESULTING FROM YOUR USE OR INABILITY TO USE THE SOFTWARE.
- Our total liability for any claims under these Terms shall not exceed the amount you paid for the Software.
6.1 Risk Disclosure
You expressly acknowledge and agree that:
- Trading forex involves substantial risk of loss and is not suitable for all investors.
- You should not trade with money you cannot afford to lose.
- Automated trading systems may malfunction due to factors beyond our control, including but not limited to internet connectivity issues, platform errors, or unexpected market conditions.
- You are solely responsible for monitoring your trading account and ensuring that the Software is functioning properly.
7. Support Terms
We provide technical support for our Products according to the following terms:
- Standard support includes assistance with installation, configuration, and troubleshooting of the Software.
- Support is provided via email or through our designated support channels.
- We aim to respond to support requests within 24 hours during business days.
- Support does not include:
- Trading advice or financial consultation
- Custom modifications to the Software
- Assistance with third-party software or services
- Training on general trading platform usage
- Support is provided for the current version of the Software and may be limited for older versions.
- We reserve the right to discontinue support for a Product with reasonable notice.
7.1 Updates and Upgrades
Regarding software updates:
- We may provide updates to the Software at our discretion.
- Updates may include bug fixes, performance improvements, or new features.
- You are entitled to receive all updates for the specific version of the Software you purchased.
- Major upgrades (new versions) may require an additional purchase.
- We are not obligated to provide updates indefinitely and may discontinue a Product with reasonable notice.
8. Termination
This agreement may be terminated under the following conditions:
- We may terminate your license if you breach any of these Terms.
- Upon termination, you must cease all use of the Software and destroy all copies in your possession.
- Sections of these Terms that by their nature should survive termination will remain in effect.
- We reserve the right to discontinue the Software or any features at any time with reasonable notice.
- If we discontinue a Product, we may, at our discretion, provide a partial or full refund, or offer an alternative Product.
10. Changes to Terms
We reserve the right to modify these Terms at any time. If we make material changes, we will notify you via email or by posting a notice on our website. Your continued use of our Products after such modifications constitutes your acceptance of the updated Terms.
By purchasing, downloading, installing, or using our Products, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.