The following terms shall have the meanings specified hereinafter: "Content" means all messages, email notifications, postings, chats, text, images, trading strategies, signals, video or any other data, content and materials shared, posted or published on, uploaded to, transmitted through, or linked from ProQuant and all such Content shall be provided through our proprietary software (the “Software”). "ProQuant app" or "Application" means the ProQuant mobile application for iOS and Android; "ProQuant" means together the Application, the Website and the Software; "Services" means the use and/or access to ProQuant and all the Content available therein. "We" or "the Company" means ProQuant Ltd., Sofia 1797, Izgrev district, 3, Lachezar Stanchev str.; "Website" means our website at www.proquant.com. "You", “Your” or "User" means every person using ProQuant, whether a guest or a registered user.
ProQuant’s main goal is to give You the opportunity to explore different trading strategies dedicated for educational and simulation purposes. ProQuant is as software solution, created to be a comprehensive informational tool which allows You to become a better trader through simulations of different trading strategies using backtesting and historical data.
Our Software uses various algorithms and strategies to provide You with information which could be useful in identifying your most desired open and close positions for the respective financial instruments You have chosen. The trading strategies are elaborated using backtesting which is the process of testing programs on prior time periods. The strategies, signals and models forming the Content are based on technical specifications and statistics data and they are to be considered for illustration and example purposes only.
We do not provide any investment advices and/or make any investment recommendations, neither direct or implicit and have no opinion regarding the provided trading signals and strategies. ProQuant is designed to educate traders via testing and simulation of different trading strategies and tools available on the Website and the Application.
The Software, the Site and their component parts and content, including their names are the exclusive property of ProQuant.
If You want to use our Services, You have to create an account with ProQuant by filling in your name and your email. During the registration process, You may be asked for some information about your identity and are required to provide accurate, current and complete information.
You may also have to select a username and a password. You will be fully responsible for any use of your account and for any actions taken by using your account. We will not be liable for any loss or damage arising from your failure to comply with the above.
Restrictions on Content and use of the Services
Please note that any and all Content available on the Website and the Application is posted and shared only for general information purposes. None of the information provided by us constitutes an investment advice, personal recommendation, receipt, transmission or execution of orders on behalf of Users or any other MiFID II regulated activity. We do not provide any advice whatsoever on the nature, potential, value or suitability of any financial instrument, transaction, financial instruments, cryptocurrencies, trading strategies or other matter. Under no circumstances will we be liable in any way for any Content, including, but not limited to, any errors or omissions in any Content, or any loss or damage of any kind incurred by You relying on such Content, since our Services are solely based on historical data, do not purport to provide prediction of future performance and any and all decisions related to the use of the Services are solely based upon your discretion.
Our Services are continuously evolving and We may change them from time to time without prior notice to You. We may also impose limits on your use of the Services at our sole discretion and may stop (permanently or temporarily) providing the Services (or any features within the Services) to You or to Users in general at any time without prior notice.
All Content is public by default and may be viewed by other users and through third party services and websites. You are responsible for Your use of the Services, for creating backup copies and for any consequences thereof.
You are not allowed to redistribute, publicate, assign or otherwise use the information We provide you with to or for the benefit of any third person, except as allowed hereunder.
Disclaimer Regarding Investment Decisions and Trading
Please be aware that from time to time there might be time delays affecting the information that we provide to you relating to or arising from Your use of the Services. Nothing on the Application should be construed as an offer to sell, a solicitation of an offer to buy, investment advice, personal recommendation and/or suggestion on the Company’s part in relation to dealing in any financial instrument. Decisions to buy, sell, hold or trade in securities, derivatives, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities, derivatives or other investments involves a risk of substantial losses. Under no circumstances shall we be liable for any loss or damage You or anyone else incurs as a result of any trading or other investment activity that You or anyone else engages in based on any information or material You receive through ProQuant or our Services.
It is possible to link the Services to a financial instrument trading account held by investment intermediaries (and/or other licensed brokers such as credit institutions) (collectively "Brokers"). You understand and agree that, for such link of the Services, pursuant to your explicit instructions ProQuant will interact with various third party software, platforms, APIs or equipment of the respective Brokers.
You understand and agree that each Broker has its own trading terms and conditions, to which you shall abide. Any use of third party software provided in connection with the Software will be governed by such third parties' licenses and not by this Agreement. ProQuant may not guarantee, or make any representation or warranty in relation to such Brokers’ actions, its software, platforms, APIs or any other action or technology which will be responsible for the accurate execution of any signal provided by you through ProQuant. ProQuant does not have access to your personal or financial data, provided to your Broker and may not verify your actual account details and the trading terms, which are provided by your Broker. Any signal sent by ProQuant is an indicative example based on some or all of the conditions specified by You. Therefore ProQuant may not guarantee and will not be held liable for the correct and valid execution of the signals generated by ProQuant with any Broker. Furthermore, but without limitation, ProQuant will not be held responsible for any losses incurred from duplicate trades, over-leveraged positions, or other glitches / malfunctions that may occur with the software system or with any broker platform.
It is the responsibility of the client to set and check his leverage, trade lot size and other risk management settings, etc.
You should be aware that the risk of loss in trading commodity futures contracts and forex (and any other complex financial instrument), even when done via an automated trading system, can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. You may sustain a total loss of the initial margin funds and any additional funds that you deposit with your broker to establish or maintain a position in the commodity futures market.
The execution of the signals provided through ProQuant may be subject to specific fees with the selected Broker. Please check this circumstance in advance as it may affect your strategy and/or investments.
Rapid and unexpected movements in prices and/or failures in their diffusion, can generate buy and sell signals that result in gains or losses larger than expected, and are always independent of what may have happened in the historical period analyzed by the user.
Notwithstanding anything to the contrary herein, You acknowledge, agree and understand that You can modify each and every strategy provided by ProQuant in full or in part at any time and should adapt it to your own personal needs and your Broker's requirements. Once a signal is produced by a strategy, it is completely immutable and immediately sent to any and all connected accounts. You are the only decision maker of your own real trading operations and portfolio management.
By using the Services provided by us, You also acknowledge and agree that:
It is forbidden to use the Services for any unlawful or unauthorized purposes;
You may only use the Services on your own account and discretion and at your personal risk;
It is forbidden to post or otherwise make available content that constitutes, encourages or provides instructions for a criminal offense, violates the rights of any party, creates liability or violates any local, state, national or international law;
It is forbidden to use or attempt to use another user's account, service or system without authorization from the Company, or to create a false identity on the Service;
You may not use our Services for any unlawful purposes or in furtherance of illegal activities including breaching the financial markets legislation. International Users agree to comply with all local laws regarding financial markets and online conduct. You may not aggregate, display or make derivative use of the Content, nor may use any data mining, robots, spiders, or similar data gathering and extraction tools for any purpose unless expressly permitted by us in writing.
You hereby provide us with your explicit consent for an assignment of all of the rights and obligations under this agreement to any our related party;
Variety of different factors exist, which are related to the markets in general or to the implementation of any specific trading signal and which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results. All results are hypothetical in nature, based on past performances and do not and may not represent trading in actual accounts.
No representation is being made that any account will or is likely to achieve profits or incur losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.
The actual percentage gains/losses experienced by investors will vary depending on many factors, including, but not limited to: starting account balances, market behavior, the duration and extent of investor’s participation (whether or not all signals are taken) in the specified system and money management techniques. Because of this, actual percentage gains/losses experienced by investors may be materially different than the percentage gains/losses as presented by ProQuant.
ProQuant cannot and does not purport to provide any guarantee as to the performance of any particular investment, account, portfolio or trading strategy.
ProQuant can make available template strategies for You to modify, amend, confirm and personalize. Such templates shall not constitute and shall not be considered to be any form of advice, solicitation and/or recommendation. You understand and agree that you shall use such strategies only after you have explicitly confirmed all of the specifications and such strategy shall be considered a reflection of your trading decision and discretion.
You shall not use the Services, the Application or any other product or services, except as provided herein.
ProQuant is a registered trademark and our trademark may not be used, including as part of trademarks and/or as part of domain names, in connection with any product or service in any manner that is likely to cause confusion, and may not be copied, imitated, or used, in whole or in part, without our prior written permission. All rights, title and interest in and to the Services and/or the Content are and will remain the exclusive property of ProQuant. Nothing gives You a right to use our trademarks, logos, domain names, and other distinctive brand features. Any feedback, comments, or suggestions You may give are voluntary and We will be free to use them as We consider fit and without any obligation to You.
The Content shared via ProQuant only indicates a general information about the global financial markets, the past performance of different financial instruments and trading strategies and should be used for informational and educational purposes.
You acknowledge that ProQuant does not guarantee any specific financial result. Information provided by the Company is not an investment advice, personal recommendation or in any way recommendation for investment in any financial instrument. The Company is not a registered investment adviser, investment firm, stock broker, or a registered broker-dealer and does not endorse or recommend the services of any brokerage company, nor does receipt, transmit or execute orders on behalf of Users.
Our Services are not intended to provide tax, legal or investment advice, and nothing in the Content should be construed as an offer to sell, buy, a solicitation of an offer to buy or sell, advice or a recommendation for any financial instrument or a transaction with such instrument.
Our Services may be temporarily unavailable from time to time for maintenance or other reasons. We assume no responsibility for any error, omission, interruption, deletion, defect, delay in operation or transmission, communications line failure, theft or destruction or unauthorized access to or alteration of the Content.
We are not and will not be responsible for any technical malfunction or other problems with respect to the Services, including injury or damage to your or to any other person's computer, mobile phone, or other hardware or software, related to or resulting from using or downloading any Content.
Limitation of Liability
ProQuant disclaims all representation and warranties of profitability, achieving financial results, title, merchantability or similar. ProQuant cannot guarantee any specific results from the use of the Services. ProQuant does not represent or warrant that software, content or materials contained in the Services or elsewhere are accurate, complete, reliable, error-free or that the Services are free of viruses or other harmful components. You understand and agree that you download or otherwise obtain Content, signals, data or other material from or through ProQuant at your own discretion and risk and that You are solely responsible for its use.
ProQuant, its partners, members, managers, directors, officers, employees or agents will not be liable to You or any third person for any damages, including for any lost profits or lost data arising from your use of the Services, or any Content accessed through or downloaded from ProQuant.
The Services may contain links to third party websites or resources for your convenience only. If you choose to use the services of such a company, ProQuant will not be responsible for any damages, costs or losses arising from or connected in any way with your use of the services of such company/website. You acknowledge and agree that We are not responsible or liable for the availability or accuracy of such websites or resources, or the content, products, or services on or available from such websites or resources. Links to such websites or resources do not imply any endorsement or recommendation by us.
If you have any questions about these Terms, please contact us at email@example.com
We will make reasonable efforts to notify You via the email address provided by You upon subscribing to the Website and/or the Application.
Nothing in this section affects our rights to change, limit or stop the provision of the Services without prior notice, as provided above.
We may assign all of our rights and obligations under this agreement to any related party.
D. Applicable Law and Jurisdiction
E. Entire Agreement