Legal
Terms of service
The terms on which we provide the software, and the division of responsibility between what the system does and what you decide.
Effective [EFFECTIVE DATE]
Agreement
These terms govern your use of the software and services provided by [QORIN LEGAL ENTITY] (“Qorin”, “we”). By [CHECKING THE BOX AT SIGNUP / CLICKING “CREATE ACCOUNT”] you accept them. If you are accepting on behalf of an organisation, you confirm you have authority to bind it.
[THIS SENTENCE MUST DESCRIBE THE ASSENT CONTROL THE PRODUCT ACTUALLY USES. DO NOT DESCRIBE A MECHANISM THAT DOES NOT EXIST.]
What the service is
Qorin provides software that executes trading strategies automatically according to configuration you control, and reports on the results.
Qorin is not a broker, an exchange, an investment adviser, or a fund. We do not hold your capital, take custody of your assets, or execute trades on our own account on your behalf. Orders are routed to brokers you connect and are subject to those brokers' terms.
Not investment advice
Qorin's software is standardised: it runs the same way for every customer, and it acts only on configuration you set. It does not analyse your circumstances, does not recommend a strategy, position size, or allocation to you personally, and does not manage your account or exercise discretion over your trades. Nothing in the service, our documentation, or our support communications is investment advice, and no Qorin employee is authorised to give you any.
You select your strategy, your position sizing, and your risk limits. We build the tool that runs what you configure.
Your responsibilities
You are responsible for the configuration you run, including strategy selection, position sizing, and every risk limit. Defaults are starting points, not recommendations.
You are responsible for keeping your account credentials secure, for the activity that occurs under your account, and for complying with the rules of any broker or proprietary trading firm you operate under.
You must not use the service to engage in market manipulation, to trade on material non-public information, or in any manner prohibited by applicable law or by your broker.
Prop firm and third-party capital
If you trade under a proprietary trading firm's capital, or any other arrangement where someone else's rules govern your trading, that arrangement is between you and that firm. Qorin is not a party to it.
We do not review, verify, or guarantee that your configuration complies with a prop firm's drawdown limits or any other rule that firm sets. Setting the system's risk limits to match your firm's rules, and keeping them current when the firm changes them, is your responsibility.
Acceptable use
You may not:
- Reverse engineer, decompile, or attempt to derive the source of the service
- Resell, sublicense, or provide the service to third parties without written agreement
- Circumvent rate limits, access controls, or usage quotas
- Interfere with the integrity or performance of the service or its infrastructure
Fees and renewal
Fees, billing intervals, and any usage-based charges are as stated at the point of purchase. Fees are payable in advance and are non-refundable except where required by law or expressly stated in [REFUND POLICY REFERENCE].
Subscriptions renew automatically at the end of each billing period unless you cancel before the renewal date. Before you start a paid subscription we will show you the price, the billing interval, and how to cancel, rather than only linking to this page. If you are on a free trial we will remind you before it converts to a paid plan. If you are on an ongoing subscription we will remind you at least once a year that it is still running.
You can cancel at any time from your account settings. Cancelling there is enough: we will not require a call or an email to support, and any offer we make to keep you will not delay your cancellation from taking effect.
We may change pricing on [PRICING NOTICE PERIOD] notice. Changes take effect at your next renewal, never mid-term.
Availability and third-party dependencies
We aim to keep the service available continuously, but we do not warrant uninterrupted or error-free operation. Scheduled maintenance will be announced in advance where practical.
The service depends on systems we do not control: your broker's order routing and execution, market data providers, and general internet connectivity. We are not responsible for their outages, latency, rejections, or errors. We will surface what we observe from those systems, but we do not guarantee their accuracy or availability.
Please read this section
No warranty as to results
The service is provided “as is”. We make no warranty that any strategy will be profitable, that losses will be limited to any level, or that risk controls — including any kill switch or automated stop — will prevent a breach of a broker's or prop firm's limits.
Trading involves substantial risk of loss. The risk disclosure forms part of these terms and you should read it before using the service.
Please read this section
Limitation of liability
To the maximum extent permitted by law, Qorin is not liable for trading losses, lost profits, lost opportunity, or indirect, incidental, or consequential damages arising from your use of the service.
Our aggregate liability arising out of or relating to these terms is limited to the greater of [LIABILITY CAP FLOOR] or the fees you paid us in the twelve months before the claim arose. This cap applies to our liability to you; it does not limit your obligation to pay fees you owe us.
This limitation does not apply to: our fraud; our wilful misconduct; our gross negligence; death or personal injury caused by our negligence; or any other liability that cannot lawfully be limited or excluded.
Indemnification
You agree to indemnify Qorin against claims, losses, and expenses arising from your breach of these terms, your trading activity, or your violation of applicable law or a broker's or prop firm's rules.
We agree to indemnify you against claims that the unmodified service infringes a third party's intellectual property rights.
Resolving disputes
Most disputes between us are resolved through individual, binding arbitration rather than in court, and neither of us may bring a claim as part of a class, consolidated, or representative action.
Arbitration will be administered by [AAA / JAMS] under its consumer arbitration rules then in effect. Either of us may instead bring an individual claim in small-claims court. We may seek injunctive relief in court to protect our intellectual property or the security of the service.
You may opt out of this arbitration agreement by sending written notice to [OPT-OUT ADDRESS] within 30 days of creating your account. If you opt out, disputes are resolved in the courts identified under Governing law below, and the rest of this section continues to apply.
Termination
You may close your account at any time. We may suspend or terminate access for material breach of these terms, for non-payment, or where required by law, with notice where notice is practical.
On termination, automated execution stops. Positions open at your broker at that moment remain your responsibility to manage.
Governing law
These terms are governed by the laws of [GOVERNING LAW], and, except as the arbitration agreement above provides otherwise, the courts of [VENUE] have exclusive jurisdiction over disputes arising from them.
Changes
We may update these terms. Material changes will be notified by email at least [TERMS NOTICE PERIOD] before they take effect.
For changes to fees, the limitation of liability, or the arbitration agreement, we will ask you to accept the updated terms again before they apply to you. For other changes, continuing to use the service after the effective date constitutes acceptance.