1. Introduction
Welcome to Algoviro ("Algoviro", "we", "us" or "our"). These Terms & Conditions govern access to and use of the Algoviro website, Algoviro AutoTrade software, Algoviro Signal Engine and related services.
By using our website or software, you acknowledge that you have read, understood and agreed to these Terms.
The contracting service provider is [INSERT LEGAL BUSINESS NAME]. Its registered or principal business address is [INSERT BUSINESS ADDRESS].
2. Software Description
Algoviro AutoTrade is a rule-based automated intraday equity trading software solution.
The software is designed to support:
- Rule-based market analysis and stock selection.
- BUY and SELL strategy signals.
- Automated order submission through supported broker APIs.
- Order and position monitoring.
- Scheduled and emergency exit controls.
- Recorded trading history and available profit/loss calculations.
Certain features, including configurable Stop Loss, Target Profit, Trailing Stop Loss and custom exit timing, may be under development. Features marked as planned are not guaranteed to be available until released and tested.
3. Eligibility & User Responsibilities
Users must be legally eligible to enter into a software licensing agreement and permitted to trade through their brokerage accounts.
Users are responsible for:
- Maintaining a valid brokerage account and required permissions.
- Understanding stock market and intraday trading risks.
- Maintaining sufficient trading funds and eligible margin.
- Reviewing software settings before enabling live trading.
- Monitoring actual orders and positions through their broker.
- Complying with applicable laws, exchange rules and broker policies.
4. Software Pricing & Annual Renewal
The currently advertised pricing for Algoviro AutoTrade is:
Software licensing charges are separate from trading capital, brokerage, exchange fees, statutory charges and applicable taxes.
The specific licence start date, expiry date, payment terms, renewal process and included support services will be stated in the customer's applicable purchase or licence agreement.
Renewal is not automatic unless the customer has separately authorized recurring payments and has been informed of the applicable renewal terms.
5. No Refund & Cancellation Policy
Because Algoviro AutoTrade is a digital software licensing product, customers should review all product details, features, pricing and risk disclosures before purchasing.
Annual renewal fees are generally non-refundable after the relevant renewal term or service access has commenced, subject to applicable law.
Market losses, unsuccessful trades, reduced profitability or failure to achieve an expected trading return do not, by themselves, establish eligibility for a software refund.
This policy does not limit consumer rights or legal remedies for defective or deficient services, misrepresentation, or other circumstances where applicable law requires a remedy.
6. No Profit Guarantee
Algoviro AutoTrade is a software tool and not a guaranteed income or profit-generation system.
We do not promise or assure:
- Daily profits.
- Weekly or monthly income.
- Fixed annual returns.
- Guaranteed winning trades.
- Recovery of previous trading losses.
- Protection of trading capital.
Backtests, demonstrations, hypothetical calculations and past trading results do not guarantee future trading performance.
7. Trading at Your Own Risk
Securities trading carries significant financial risk, including the possibility of losing the entire capital committed to trading.
Users must independently assess whether the software and associated trading strategy are suitable for their financial situation and risk tolerance.
The user remains responsible for the decision to authorize live trading in their brokerage account and for accepting the ordinary market risks associated with those trades.
Algoviro does not compensate users for ordinary trading losses caused by market price movements, volatility, liquidity or adverse trading outcomes, except where liability or a remedy is required by law.
8. Automated Execution Risks
Automated trading depends on external systems, infrastructure and market conditions.
Potential risks include:
- Internet connectivity failure.
- Server downtime or delayed scheduling.
- Broker API outages or restrictions.
- Rejected or partially filled orders.
- Delayed entries or exits.
- Market price slippage.
- Delayed or inaccurate market data.
- Unexpected margin requirements.
- Exchange disruptions.
- Software errors and synchronization failures.
The software may be unable to execute an order at the expected price or time. A scheduled exit is not a guarantee that a position will be fully closed.
9. Stop Loss & Risk Controls
Stop Loss, Target Profit and Trailing Stop Loss functionality may be introduced in future software versions.
Even after implementation, these controls cannot guarantee a particular execution price or prevent all losses.
Emergency Exit and other exit controls depend on available broker access, valid positions and successful order processing.
Users should independently verify their final positions and executed orders with the connected broker.
10. Third-Party Broker Services
Algoviro AutoTrade may use third-party broker APIs, including Upstox, for eligible order submission and account-related functions.
Broker services are governed by the respective broker's terms, policies, eligibility requirements and regulatory obligations.
Algoviro does not control exchange liquidity, broker-imposed restrictions or the availability of third-party infrastructure.
11. Software Licence & Restrictions
Purchasing Algoviro AutoTrade grants the customer a limited right to access or use the software under the applicable licence agreement.
Unless expressly authorized in writing, users must not:
- Resell or redistribute the software.
- Share licence credentials with unauthorized persons.
- Attempt unauthorized access to software infrastructure.
- Copy or commercially exploit proprietary code.
- Circumvent licence restrictions or security.
Ownership of software, trademarks and other intellectual property remains with the relevant rights holders.
12. Software Updates & Availability
Algoviro may release software updates, security patches, bug fixes and feature improvements.
Maintenance, regulatory changes, broker restrictions or technical issues may affect availability.
Any material changes to paid features, support commitments or licence entitlements will be handled according to the applicable agreement and law.
13. Data & Account Security
Users must maintain the confidentiality of their account credentials and protect access to their brokerage accounts.
Personal information, account data, authentication details and related records will be handled according to our Privacy Policy and applicable data protection requirements.
Users should report suspected unauthorized access promptly through our official support or grievance channel.
14. Limitation of Liability
To the maximum extent permitted by applicable law, Algoviro does not accept responsibility for ordinary market-related trading losses arising from price movements, volatility, liquidity or the customer's trading decisions.
Algoviro also does not guarantee uninterrupted operation, continuous broker connectivity or error-free order execution.
Nothing in these Terms excludes or limits liability for fraud, wilful misconduct, negligence, deficient services, statutory consumer remedies or any other liability that cannot lawfully be excluded or restricted.
15. No Investment Return Assurance
Software access does not constitute an assurance of investment performance.
Any financial or trading information provided through the platform should be evaluated in light of the user's circumstances and the applicable regulatory status of the service.
Users should seek advice from appropriately qualified professionals where needed.
16. Suspension & Termination
Software access may be suspended or terminated in accordance with the licence agreement for material violations, unauthorized use, security threats, legal restrictions or unpaid applicable fees.
Suspension or termination will remain subject to any customer rights and remedies required by applicable law.
17. Changes to These Terms
We may update these Terms to reflect changes in our services, technology, operational requirements or applicable laws.
Material changes affecting existing customer rights will be communicated where required.
The updated Terms will include a revised effective date.
18. Applicable Law & Disputes
These Terms are governed by applicable laws of India, subject to any mandatory legal protections and jurisdiction rules.
Customers may submit complaints through the official grievance redressal process.
Nothing in these Terms restricts access to statutory consumer forums or other remedies available under applicable law.
19. Customer Acceptance
By purchasing, activating or using Algoviro AutoTrade, the customer acknowledges:
- Trading may cause substantial financial loss.
- Trading profits are not guaranteed.
- Software fees are generally non-refundable after activation, subject to applicable law.
- Annual renewal fees and licence conditions are disclosed separately.
- Automated execution carries operational and market risks.
- The customer is responsible for monitoring their brokerage account and trade activity.
Acceptance of these Terms does not waive legal rights that cannot lawfully be waived.
20. Contact & Legal Information
Brand: Algoviro
Product: Algoviro AutoTrade
Website: https://algoviro.com
Legal Business Name: [INSERT REGISTERED BUSINESS NAME]
Business Address: [INSERT OFFICIAL ADDRESS]
Official Email: [INSERT BUSINESS EMAIL]
Grievance Contact: [INSERT GRIEVANCE CONTACT DETAILS]