RISK DISCLOSURE OF AUTO TRADING SOFTWARE FOR DETTSEC ALGO PRIVATE LIMITED
PLEASE READ THIS RISK DISCLOSURE STATEMENT CAREFULLY BEFORE USING THE AUTO TRADING SOFTWARE OFFERED BY DETTSEC ALGO PRIVATE LIMITED. BY USING THE SOFTWARE, YOU ACKNOWLEDGE AND AGREE TO THE RISKS INVOLVED IN TRADING AND THE USE OF AUTO TRADING SOFTWARE.
- • GENERAL RISK
THE FINANCIAL MARKETS ARE SUBJECT TO VOLATILITY AND CAN BE UNPREDICTABLE. MARKET CONDITIONS CAN CHANGE RAPIDLY, LEADING TO SUDDEN AND SIGNIFICANT PRICE FLUCTUATIONS. AUTO TRADING SOFTWARE MAY NOT BE ABLE TO ADAPT TO CHANGING MARKET CONDITIONS, LEADING TO LOSSES.
- • MARKET RISK
AUTO TRADING SOFTWARE RELIES ON TECHNOLOGY TO EXECUTE TRADES AUTOMATICALLY. TECHNOLOGY FAILURES, INCLUDING BUT NOT LIMITED TO SYSTEM OUTAGES, INTERNET CONNECTIVITY ISSUES, AND DATA TRANSMISSION DELAYS OR ERRORS, MAY PREVENT OR DELAY THE EXECUTION OF TRADES, LEADING TO LOSSES.
- • TECHNOLOGY RISK
THE AUTO TRADING SOFTWARE AND ALL INTELLECTUAL PROPERTY RIGHTS IN THE SOFTWARE ARE OWNED BY DETTSEC ALGO PVT LTD YOU MAY NOT COPY, REPRODUCE, DISTRIBUTE OR CREATE DERIVATIVE WORKS BASED ON THE SOFTWARE WITHOUT THE PRIOR WRITTEN CONSENT OF DETTSEC ALGO PVT LTD
- • STRATEGY RISK
DETTSEC ALGO PVT LTD MAKES NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, WITH RESPECT TO THE AUTO TRADING SOFTWARE, INCLUDING BUT NOT LIMITED TO, WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. DETTSEC ALGO PVT LTD DOES NOT GUARANTEE THE ACCURACY OR COMPLETENESS OF ANY INFORMATION PROVIDED BY THE SOFTWARE, AND SHALL NOT BE LIABLE FOR ANY LOSS OR DAMAGE RESULTING FROM THE USE OF THE SOFTWARE. YOU ACKNOWLEDGE THAT THE SOFTWARE MAY BE SUBJECT TO INTERRUPTION, TRANSMISSION DELAYS, ERRORS OR OMISSIONS, AND THAT DETTSEC ALGO PVT LTD SHALL NOT BE LIABLE FOR ANY SUCH INTERRUPTIONS, DELAYS, ERRORS OR OMISSIONS.
- • BACKTESTING RISK
IN NO EVENT SHALL DETTSEC ALGO PVT LTD BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES, INCLUDING BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA OR OTHER INTANGIBLE LOSSES, ARISING OUT OF OR IN CONNECTION WITH THE USE OR INABILITY TO USE THE AUTO TRADING SOFTWARE.
- • LIQUIDITY RISK
CERTAIN FINANCIAL INSTRUMENTS MAY HAVE LIMITED LIQUIDITY, MEANING THAT THERE MAY NOT BE ENOUGH BUYERS OR SELLERS TO EXECUTE TRADES AT THE DESIRED PRICE. AUTO TRADING SOFTWARE MAY NOT BE ABLE TO EXECUTE TRADES IN ILLIQUID MARKETS, LEADING TO LOSSES.
- • LEVERAGE RISK
THE USE OF LEVERAGE IN TRADING MAY INCREASE THE RISK OF LOSS. LEVERAGE ALLOWS TRADERS TO CONTROL A LARGER POSITION WITH A SMALLER AMOUNT OF CAPITAL, BUT IT ALSO INCREASES THE POTENTIAL FOR LOSSES.
- • TAX RISK
THE USE OF AUTO TRADING SOFTWARE MAY HAVE TAX IMPLICATIONS. TRADERS ARE RESPONSIBLE FOR COMPLYING WITH APPLICABLE TAX LAWS AND REGULATIONS, AND THE USE OF AUTO TRADING SOFTWARE MAY COMPLICATE TAX REPORTING REQUIREMENTS.
- • NO INVESTMENT ADVICE
DETTSEC ALGO PRIVATE LIMITED DOES NOT PROVIDE INVESTMENT ADVICE, AND THE AUTO TRADING SOFTWARE OFFERED BY DETTSEC ALGO PRIVATE LIMITED IS PROVIDED FOR INFORMATIONAL AND EDUCATIONAL PURPOSES ONLY. TRADERS SHOULD SEEK INDEPENDENT ADVICE FROM A FINANCIAL ADVISOR BEFORE USING THE SOFTWARE OR ENGAGING IN ANY TRADING ACTIVITIES.
- • NO INVESTMENT ADVICE
DETTSEC ALGO PRIVATE LIMITED DOES NOT PROVIDE INVESTMENT ADVICE, AND THE AUTO TRADING SOFTWARE OFFERED BY DETTSEC ALGO PRIVATE LIMITED IS PROVIDED FOR INFORMATIONAL AND EDUCATIONAL PURPOSES ONLY. TRADERS SHOULD SEEK INDEPENDENT ADVICE FROM A FINANCIAL ADVISOR BEFORE USING THE SOFTWARE OR ENGAGING IN ANY TRADING ACTIVITIES. BY USING THE AUTO TRADING SOFTWARE OFFERED BY DETTSEC ALGO PRIVATE LIMITED, YOU ACKNOWLEDGE AND AGREE TO THE RISKS INVOLVED IN TRADING AND THE USE OF AUTO TRADING SOFTWARE. YOU UNDERSTAND THAT THE USE OF AUTO TRADING SOFTWARE MAY RESULT IN LOSSES AND THAT YOU ASSUME FULL RESPONSIBILITY FOR SUCH RISK.
- • INDEMNIFICATION
YOU AGREE TO INDEMNIFY, DEFEND, AND HOLD HARMLESS DETTSEC ALGO PRIVATE LIMITED, ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, AND AFFILIATES FROM ANY AND ALL CLAIMS, LIABILITIES, DAMAGES, LOSSES, COSTS, AND EXPENSES (INCLUDING REASONABLE ATTORNEYS’ FEES) ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF THE AUTO TRADING SOFTWARE OR ANY BREACH OF THESE TERMS AND CONDITIONS.
- • LIMITATION OF LIABILITY
DETTSEC ALGO PRIVATE LIMITED SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF THE AUTO TRADING SOFTWARE, INCLUDING BUT NOT LIMITED TO DAMAGES FOR LOSS OF PROFITS, USE, DATA, OR OTHER INTANGIBLE LOSSES, EVEN IF DETTSEC ALGO PRIVATE LIMITED HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
- • GOVERNING LAW AND JURISDICTION
THESE TERMS AND CONDITIONS SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE JURISDICTION IN WHICH DETTSEC ALGO PRIVATE LIMITED IS BASED. ANY DISPUTE ARISING OUT OF OR IN CONNECTION WITH THESE TERMS AND CONDITIONS SHALL BE SUBMITTED TO THE EXCLUSIVE JURISDICTION OF THE COURTS IN THAT JURISDICTION.
- • SEVERABILITY
IF ANY PROVISION OF THESE TERMS AND CONDITIONS IS FOUND TO BE INVALID OR UNENFORCEABLE, THE REMAINING PROVISIONS SHALL REMAIN IN FULL FORCE AND EFFECT.
- • AMENDMENT
DETTSEC ALGO PRIVATE LIMITED RESERVES THE RIGHT TO AMEND OR MODIFY THESE TERMS AND CONDITIONS AT ANY TIME, AND SUCH AMENDMENTS OR MODIFICATIONS SHALL BE EFFECTIVE IMMEDIATELY UPON POSTING ON THE WEBSITE. YOUR CONTINUED USE OF THE AUTO TRADING SOFTWARE AFTER ANY SUCH AMENDMENTS OR MODIFICATIONS SHALL CONSTITUTE YOUR ACCEPTANCE OF SUCH CHANGES.
- • ENTIRE AGREEMENT
THESE TERMS AND CONDITIONS CONSTITUTE THE ENTIRE AGREEMENT BETWEEN YOU AND DETTSEC ALGO PRIVATE LIMITED WITH RESPECT TO THE AUTO TRADING SOFTWARE AND SUPERSEDE ALL PRIOR AGREEMENTS OR UNDERSTANDINGS, WHETHER WRITTEN OR ORAL, RELATING TO THE AUTO TRADING SOFTWARE. BY USING THE AUTO TRADING SOFTWARE OFFERED BY DETTSEC ALGO PRIVATE LIMITED, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THIS RISK DISCLOSURE STATEMENT.