Terms of Service
These terms explain how our service works and what each side is responsible for. Please read them before you hire us.
About these terms
AlgoProMax is a software development service run by Shavee Enterprises, based in Pune, India. When you hire us, or use this website, you agree to these terms. Each project also has a written quote. If the quote and these terms differ, the quote applies to that project.
What we do
We build custom software that places orders through your own broker account, following the rules you give us. We also set up the cloud server, static IP and broker API connection, and we support you for the period listed in your package.
We are not investment advisers
AlgoProMax is not a SEBI-registered investment adviser, research analyst or stockbroker. We do not give tips or signals. We do not suggest or design trading strategies. We do not manage anyone's money.
Every strategy comes from you. You decide what the software trades, and you are responsible for every trading decision.
Trading risk
- Trading involves a substantial risk of loss. You can lose more than you expect.
- We do not promise any profit or return. The software follows your rules exactly. It does not make a strategy better or worse.
- Paper-trading results and past results do not predict future results.
- If your rules contain a mistake, the software will carry out that mistake. Please test with paper trading before you use real money.
- Some things are outside our control. These include broker or exchange outages, changes to a broker's API, internet or server failures, delays and price slippage.
Quote, price and delivery
Each project starts with a written quote. It sets out your rules, the price and the delivery date. Work that is not in the quote is priced separately, and we will agree it with you first. If you are late giving us information we need, the delivery date may move.
Your accounts and your responsibilities
- Orders go to your own broker account. Your funds and your passwords stay with you.
- You keep your API keys and logins safe. Tell us at once if you think they have been shared with someone by mistake.
- You follow your broker's terms and any rules from the exchange or SEBI that apply to your trading.
- You pay your broker's charges and the cost of the cloud server. The server is paid for directly to the hosting provider.
Who owns what
Once you have paid in full, you own the software we built for you. Your strategy and rules stay yours and stay private. We keep the right to reuse general-purpose code that is not specific to your strategy.
Support
Each package includes a support period, as shown on our packages list. During that time we fix faults in the software we delivered. A new strategy, or a change to your rules, is new work and is quoted separately. After the support period you can choose an optional maintenance plan.
Limit of our liability
We are not responsible for any trading profit or loss, or for a missed or delayed trade, whatever the cause. To the fullest extent the law allows, our total liability to you for any claim about a project is limited to the amount you paid us for that project.
Governing law
These terms are governed by the laws of India. Courts in Pune will have jurisdiction over any dispute.
Changes to these terms
If we change these terms, we will update the date at the top of this page. A change does not affect a project you have already agreed with us in a written quote.
Contact us
For any question about these terms, write to us at hello@algopromax.com.