Last Updated & Effective Date: September 2026 | Document Ref: ALG-TOS-001
Entity: Algor Terminal
Jurisdiction: United Kingdom & United States Applicable Law
1.1 Software-as-a-Service (SaaS) Provider: Algor Terminal ("the Platform", "we", "us", or "our") is an independent technology project and algorithmic software suite developed and operated by Algor Terminal. The Platform provides trade analytics dashboards, portfolio vault management, and automated webhook execution pipelines designed for self-directed retail traders.
1.2 Non-Brokerage & Non-Advisory Status: Algor Terminal is NOT a registered broker-dealer, introducing broker, investment adviser, commodity trading advisor (CTA), or financial institution in the United States (under the SEC, FINRA, or CFTC), the United Kingdom (under the FCA), or any other jurisdiction.
1.3 No Brokerage Services: We do not open, hold, manage, or maintain customer brokerage accounts; we do not custody fiat currency, securities, or digital assets; and we do not clear or settle financial transactions.
2.1 Informational & Educational Use Only: All software functionality, trade analytics dashboards, and automated signal pipelines provided by Algor Terminal are strictly for informational, educational, and technical execution purposes.
2.2 No Recommendations: Nothing contained within the Platform constitutes a recommendation, solicitation, or endorsement to buy, sell, hold, or trade any security, equity, cryptocurrency, option, or financial instrument.
2.3 User Responsibility: Users acknowledge that algorithmic and active trading involves substantial risk of capital loss. The user is solely and exclusively responsible for evaluating the merits and risks associated with the use of any strategy, parameter, or automated pipeline. Algor Terminal makes no representations regarding the future profitability or performance of any trading strategy.
3.1 Self-Directed Use Exclusively: Algor Terminal is licensed solely for individual, self-directed use. Every trading strategy, indicator, and webhook pipeline created or executed on the Platform must be formulated, configured, and managed by the individual account holder for their own personal use.
3.2 Prohibited Trading Models: In strict compliance with our brokerage integration partners' policies, users are explicitly prohibited from using Algor Terminal to engage in:
3.3 Enforcement & Account Termination: Any attempt to utilize Algor Terminal for unauthorized signal distribution, asset management for third parties, or copy/mirror trading will result in immediate termination of the user's SaaS license, permanent revocation of connected OAuth brokerage tokens, and reporting to the relevant brokerage partner.
4.1 Independent Brokerage Relationship: Users may elect to link their independent brokerage accounts via secure OAuth 2.0 or API integrations. All brokerage, execution, margin, and custody services are provided exclusively by the user's connected broker-dealer under their separate customer agreement with that respective broker.
4.2 No Agency or Endorsement: Algor Terminal is an independent technology vendor and is not an agent, affiliate, or representative of any integrated brokerage firm. Mention of specific brokerage integration partners on our website is strictly for technical interoperability purposes and does not imply endorsement by the broker.
5.1 Pass-Through Execution and Signal Dependency: Algor Terminal operates strictly as a pass-through execution routing software. The Platform executes logic based exclusively on inbound webhook payloads received from third-party charting and alert platforms (e.g., TradingView). Algor Terminal does not generate trading signals, offer financial advice, or guarantee execution timing. The Platform is not responsible for dropped webhooks, malformed payloads, server delays, or outages originating from third-party signal providers. The User accepts all risks associated with internet transmission failures and third-party latency.
5.2 Isolated Algorithmic Ledgers and Manual Interventions: The Platform tracks automated strategy positions internally and independently of the User’s gross brokerage account holdings. Algor Terminal will only execute closing orders against the specific units initialized by the automated strategy via the Platform.
5.3 Queued Liquidations and Out-of-Hours Execution: In the event a User requests the forced liquidation of an active strategy outside of normal market hours, the Platform will queue the order with the connected broker. The strategy will remain locked within the Platform until cryptographic confirmation of execution is received from the broker during open market hours. Algor Terminal assumes no liability for overnight gap risk, price slippage, or market volatility incurred during queued liquidation holding periods.
5.4 Broker-Hosted Risk Management (Bracket Orders): Algor Terminal transmits risk management parameters (such as Stop Loss and Take Profit targets) to the connected brokerage as native bracket orders (e.g., OTOCO) at the time of entry. Once accepted by the broker, the monitoring and execution of these exit orders are entirely the responsibility of the broker’s internal matching engine. Algor Terminal assumes no liability if a broker's system fails to trigger a stop loss, rejects a bracket order, or experiences execution latency during volatile market conditions.
5.5 Payload Authority, Rejections & "Fat-Finger" Liability: Algor Terminal operates strictly as a deterministic routing passthrough. We do not guarantee order acceptance by your connected brokerage. The User assumes all risk for orders rejected by their broker due to insufficient buying power, margin calls, pattern day-trading (PDT) restrictions, missing account IDs, or broker-enforced API rate limits. Furthermore, the Platform does not enforce maximum volume limits or discretionary risk guards on incoming custom webhooks. Users retain absolute authority over their position sizing. Algor Terminal is not liable for financial losses caused by "runaway strategies," infinite logic loops, or "fat-finger" errors. Final risk validation is the sole responsibility of the user and their connected broker.
5.6 Order Anomalies and High-Frequency Trading: Algor Terminal relies on internet-based webhook transmissions that inherently possess variable latency (typically 1 to 3 seconds). The Platform is explicitly NOT designed for high-frequency trading (HFT), sub-minute scalping, or arbitrage strategies. Algor Terminal is not liable for execution failures, slippage, or financial losses caused by duplicated webhook payloads originating from third-party platforms, or orders that are delayed or partially filled by the broker.
6.1 "As-Is" Provision: The Platform and all associated software services are provided on an "as-is" and "as-available" basis without express or implied warranties of any kind, including merchantability or fitness for a particular purpose.
6.2 Limitation of Liability: To the maximum extent permitted by applicable law, in no event shall Algor Terminal, or its developers be liable for any direct, indirect, incidental, consequential, or punitive damages—including but not limited to trading losses, lost profits, execution delays, or data corruption—arising out of or related to the use of the Platform.
6.3 Indemnification: Users agree to defend, indemnify, and hold harmless Algor Terminal and its developers from any legal claims, regulatory actions, or financial losses arising from the user's trading activities, breach of this Agreement, or violation of applicable securities laws.
6.4 Proprietary Trading Firms & Evaluation Accounts: Algor Terminal assumes no liability for failed evaluations, forfeited fees, or breached drawdown limits associated with third-party proprietary trading firms or funded evaluation programs. Users deploying algorithmic strategies on funded accounts do so entirely at their own risk.
6.5 Delayed Market Data: Any quotes, prices, portfolio balances, or open profit/loss (P&L) metrics displayed within the Algor Terminal dashboard may be delayed, incomplete, or unsynchronized with real-time exchange data. Such information is provided for general reference only and should not be relied upon for making immediate trading decisions.
7.1 Amendments: We reserve the right to modify these Terms of Service at any time. Continued use of the Platform following any posted modification constitutes acceptance of the updated terms.
7.2 Governing Law: This Agreement shall be construed and governed in accordance with the laws of England and Wales, without regard to conflict of law principles, while respecting applicable federal and state regulations governing United States securities trading where U.S. end-users are involved.
8.1 Sandbox Execution: Algor Terminal provides a simulated "Sandbox" environment for strategy testing. Users acknowledge that these tools generate hypothetical performance results.
8.2 Mandatory CFTC Disclosure: HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, BECAUSE THESE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THESE RESULTS MAY HAVE UNDER-OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED OR HYPOTHETICAL TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THESE BEING SHOWN.
9.1 Recurring Billing: By subscribing to a paid tier on Algor Terminal, you authorize us to charge your selected payment method on a recurring basis (monthly or annually) until the subscription is canceled.
9.2 User Cancellation: Users are strictly responsible for managing their own subscriptions. You may cancel your subscription at any time through the billing portal on your account dashboard. Cancellations will take effect at the end of the current billing cycle.
9.3 No Refunds: All fees and charges are non-refundable. Algor Terminal does not offer prorated refunds for canceled subscriptions, nor do we issue refunds for unused portions of a subscription term resulting from technical limitations, broker API rejections, or account termination due to a violation of these Terms.