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ForexPilotAI

Terms and Conditions

Last updated: March 28, 2024

IMPORTANT RISK DISCLOSURE

TRADING FOREX, BINARY OPTIONS, AND CRYPTOCURRENCIES INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS.

Past performance is NOT indicative of future results. The high degree of leverage associated with forex, binary options, and cryptocurrency trading can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite.

You could lose some or all of your initial investment. Do not invest money you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.

ForexPilotAI provides SOFTWARE TOOLS ONLY and does not provide investment advice, financial advice, or trading recommendations. All trading decisions are made solely by you, the user.

1. Acceptance of Terms

By accessing and using ForexPilotAI ("the Service"), you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to these terms, you should not use this Service.

ForexPilotAI reserves the right to modify these terms at any time. Your continued use of the Service following any changes indicates your acceptance of the new terms.

2. Service Description

ForexPilotAI provides automated trading software ("Trading Bots") designed to assist users in executing trades in forex, binary options, and cryptocurrency markets. These are software tools only and do not constitute:

  • Investment advice or recommendations
  • Financial planning services
  • Guaranteed returns or profit promises
  • Professional trading services
  • Broker-dealer services or securities offerings
  • Commodity trading advice or futures commission merchant services

ForexPilotAI is a software technology provider only. We do not manage funds, execute trades on your behalf, or have custody of your assets.

2.1 Regulatory Disclaimer and No Fiduciary Duty

IMPORTANT: ForexPilotAI is NOT:

  • A registered investment advisor (RIA) with the SEC or any regulatory authority
  • A broker-dealer or member of FINRA or any securities exchange
  • A commodity trading advisor (CTA) or commodity pool operator (CPO)
  • A financial institution, bank, or money services business
  • Licensed to provide financial, investment, tax, or legal advice
  • Subject to fiduciary duties or obligations to you

WE HAVE NO FIDUCIARY RELATIONSHIP OR DUTY TO YOU. We do not owe you any duties of loyalty, care, or good faith beyond those expressly stated in these Terms. You acknowledge that we are acting solely as a software provider in an arm's-length commercial transaction.

Any information, data, or content provided through our Service is for informational and educational purposes only and should not be construed as personalized investment advice, a recommendation to buy or sell any security or financial instrument, or an offer or solicitation to engage in any investment strategy.

You are solely responsible for determining whether any investment, strategy, or related transaction is appropriate for you based on your personal investment objectives, financial circumstances, and risk tolerance. You should consult with licensed financial, legal, and tax advisors before making any trading or investment decisions.

3. No Guarantees or Warranties

ForexPilotAI makes NO GUARANTEES regarding:

  • Profitability or trading success
  • Specific return on investment
  • Accuracy of trading signals or algorithms
  • Performance matching historical backtests
  • Continuous operation without errors or interruptions

All software is provided "AS IS" without warranty of any kind, either express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement.

4. User Responsibilities

As a user of ForexPilotAI, you acknowledge and agree that:

  • You are solely responsible for all trading decisions made using our software
  • You will conduct your own research and due diligence before trading
  • You understand the risks involved in forex, binary options, and cryptocurrency trading
  • You will only trade with capital you can afford to lose
  • You will comply with all applicable laws and regulations in your jurisdiction
  • You will not hold ForexPilotAI liable for any trading losses

5. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL FOREXPILOTAI, ITS AFFILIATES, PARTNERS, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, SUPPLIERS, OR LICENSORS BE LIABLE FOR:

  • Any direct, indirect, incidental, special, punitive, exemplary, or consequential damages of any kind whatsoever
  • Loss of profits, revenue, income, data, goodwill, or business opportunities
  • Trading losses, investment losses, or financial losses of any kind or magnitude
  • Damages resulting from software errors, bugs, malfunctions, interruptions, delays, or failures
  • Losses due to market volatility, unforeseen market conditions, or market manipulation
  • Unauthorized access to your accounts, data breaches, or security incidents
  • Third-party broker, exchange, or service provider failures, insolvency, or fraud
  • Errors in data, quotes, charts, or any information provided through the Service
  • Failure to execute trades, delayed executions, or slippage
  • Loss of use, loss of data, or cost of procurement of substitute services
  • Personal injury, emotional distress, or any other intangible losses
  • Any damages arising from your reliance on the Service or any information provided
  • Damages caused by viruses, malware, or other harmful components
  • Any claims by third parties

THE FOREGOING LIMITATIONS APPLY WHETHER THE ALLEGED LIABILITY IS BASED ON CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR ANY OTHER BASIS, EVEN IF FOREXPILOTAI HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.

IN NO EVENT SHALL FOREXPILOTAI'S TOTAL AGGREGATE LIABILITY TO YOU FOR ALL DAMAGES, LOSSES, AND CAUSES OF ACTION EXCEED THE AMOUNT PAID BY YOU TO FOREXPILOTAI IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM, OR ONE HUNDRED DOLLARS ($100 USD), WHICHEVER IS LESS.

Some jurisdictions do not allow the exclusion or limitation of incidental or consequential damages, so the above limitations may not apply to you. In such jurisdictions, our liability shall be limited to the greatest extent permitted by law.

6. Indemnification

You agree to indemnify, defend, and hold harmless ForexPilotAI, its parent companies, subsidiaries, affiliates, partners, officers, directors, employees, agents, contractors, licensors, service providers, and any third parties from and against any and all claims, liabilities, damages, losses, costs, expenses, fees (including reasonable attorneys' fees and court costs) arising from or relating to:

  • Your use or misuse of our software, platform, or services
  • Your trading activities and any resulting financial losses
  • Your violation of these Terms and Conditions
  • Your violation of any applicable laws, regulations, or third-party rights
  • Any content you submit, post, or transmit through our services
  • Your breach of any representations or warranties made herein
  • Any negligent or willful misconduct by you
  • Claims brought by third parties arising from your actions

This indemnification obligation will survive termination of these Terms and your use of the Service.

7. Payment and Refunds

All payments are processed through BTCPay Server using cryptocurrency. Payments are final and non-refundable except as required by law.

Due to the digital nature of our products and the immediate access provided upon purchase, we do not offer refunds based on trading performance or user dissatisfaction with trading results.

8. Intellectual Property

All software, algorithms, code, documentation, and materials provided by ForexPilotAI are protected by copyright and other intellectual property laws. You are granted a limited, non-exclusive, non-transferable license to use the software for personal trading purposes only.

You may not copy, modify, distribute, sell, or reverse engineer any part of our software without explicit written permission.

9. Termination

ForexPilotAI reserves the right to terminate or suspend your access to the Service at any time, without notice, for conduct that we believe violates these terms or is harmful to other users, us, or third parties, or for any other reason.

10. Governing Law and Jurisdiction

These Terms and Conditions shall be governed by and construed in accordance with applicable international laws, without regard to conflict of law principles. You agree that any legal action or proceeding shall be brought exclusively in the jurisdiction most favorable to ForexPilotAI, and you hereby consent to the personal jurisdiction of such courts.

11. Arbitration Agreement and Class Action Waiver

PLEASE READ THIS SECTION CAREFULLY. IT AFFECTS YOUR LEGAL RIGHTS.

Binding Arbitration: Any dispute, claim, or controversy arising out of or relating to these Terms or your use of the Service shall be resolved by binding arbitration rather than in court, except that you may assert claims in small claims court if your claims qualify.

CLASS ACTION WAIVER: YOU AND FOREXPILOTAI AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, CONSOLIDATED, OR REPRESENTATIVE PROCEEDING. You waive any right to participate in a class action lawsuit or class-wide arbitration.

Jury Trial Waiver: You and ForexPilotAI waive any constitutional and statutory rights to sue in court and have a trial in front of a judge or a jury.

The arbitrator's decision will be final and binding, and judgment on the award may be entered in any court having jurisdiction.

12. Disclaimer of Endorsements and Testimonials

Any testimonials, reviews, or performance results displayed on our platform represent individual experiences and are not guarantees of future results. These results are not typical, and your results may vary significantly. We do not endorse or guarantee any specific outcomes.

Simulated or hypothetical performance results have inherent limitations and do not represent actual trading. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

13. Third-Party Services and Links

Our Service may contain links to third-party websites, brokers, exchanges, or services that are not owned or controlled by ForexPilotAI. We have no control over and assume no responsibility for the content, privacy policies, or practices of any third-party services.

YOU ACKNOWLEDGE AND AGREE THAT FOREXPILOTAI SHALL NOT BE RESPONSIBLE OR LIABLE, DIRECTLY OR INDIRECTLY, FOR ANY DAMAGE OR LOSS CAUSED OR ALLEGED TO BE CAUSED BY OR IN CONNECTION WITH USE OF OR RELIANCE ON ANY THIRD-PARTY CONTENT, GOODS, OR SERVICES.

We strongly advise you to read the terms and conditions and privacy policies of any third-party services that you visit or use.

14. User Representations and Warranties

By using our Service, you represent and warrant that:

  • You are at least 18 years of age and have the legal capacity to enter into these Terms
  • You are not located in a country subject to a U.S. Government embargo or designated as a "terrorist supporting" country
  • You are not listed on any U.S. Government list of prohibited or restricted parties
  • All information you provide is accurate, current, and complete
  • You will comply with all applicable local, state, national, and international laws and regulations
  • You have obtained all necessary licenses, permits, and authorizations required to trade in your jurisdiction
  • You understand that trading involves substantial risk and you have the financial capacity to bear such risks
  • You are not relying on any statements, representations, or warranties from ForexPilotAI other than those expressly stated in these Terms

15. Force Majeure

ForexPilotAI shall not be liable for any failure or delay in performance due to circumstances beyond our reasonable control, including but not limited to:

  • Acts of God, natural disasters, pandemics, or epidemics
  • War, terrorism, civil unrest, or government actions
  • Internet or telecommunications failures
  • Cyberattacks, hacking, or security breaches
  • Market closures or trading halts
  • Broker or exchange failures or insolvency
  • Regulatory changes or legal restrictions
  • Any other events beyond our reasonable control

16. Severability

If any provision of these Terms is found to be unenforceable or invalid under any applicable law, such unenforceability or invalidity shall not render these Terms unenforceable or invalid as a whole. Such provisions shall be deleted without affecting the remaining provisions herein, and the remaining provisions shall continue in full force and effect.

17. Entire Agreement

These Terms and Conditions, together with our Privacy Policy and Risk Disclosure Statement, constitute the entire agreement between you and ForexPilotAI regarding your use of the Service and supersede all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral.

No waiver of any term shall be deemed a further or continuing waiver of such term or any other term, and ForexPilotAI's failure to assert any right or provision under these Terms shall not constitute a waiver of such right or provision.

18. Contact Information

If you have any questions about these Terms and Conditions, please contact us at:

Email: [email protected]
Support: [email protected]

By using ForexPilotAI, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions, including all risk disclosures. You confirm that you are aware of the substantial risks involved in trading and that you accept full responsibility for your trading decisions and outcomes.