Terms of Service
1. Introduction
1.1 MetaSocket provides its Expert Advisor service to you, subject to the following Terms of Service. Please read these terms carefully. By using the Service (as defined), you agree that you have read and understood the terms in these Terms of Service which are applicable to you. These Terms of Service constitute a legally binding agreement ("Agreement") between you and Ripples Ventures Inc. The Agreement applies to your use of the MetaSocket Expert Advisor. If you do not agree to the Terms of Service, please do not use or continue using the Service.
1.2. Ripples Ventures Inc may amend the terms in the Agreement at any time without prior notice. Such amendments shall be effective once they are posted at metasocket.io. It is your responsibility to review the Terms of Service regularly. Your continued use of the Service after any such amendments, whether or not reviewed by you, shall constitute your agreement to be bound by such amendments.
1.3. MetaSocket IS MANAGED BY Ripples Ventures Inc, A TRADING COMPANY WITH LICENSE TO PROVIDE VARIOUS SOFTWARE SOLUTIONS. MetaSocket provides an Expert Advisor (EA) that enables developers to integrate MetaTrader's electronic trading platform into their applications for accessing financial markets and trading various assets like Forex, commodities, and stocks via Contract for Difference (CFD). The EA requires installation in a MetaTrader 5 terminal to programmatically send commands and receive replies or data streams.
2. Definitions
In these Terms of Service, the following words shall have the meanings ascribed below:
2.1. "Expert Advisor" or "EA" means the MetaSocket software that integrates with MetaTrader 5 to enable programmatic trading and data access;
2.2. "User" or "Developer" means any individual or entity who uses the MetaSocket Expert Advisor for integration purposes;
2.3. "Service" means the MetaSocket Expert Advisor software and related integration services provided by Ripples Ventures Inc;
2.4. "MetaSocket" or "we" means Ripples Ventures Inc and its subsidiaries, affiliates, and associated companies;
2.5. "MetaTrader 5" or "MT5" means the electronic trading platform developed by MetaQuotes Software Corp;
2.6. "Platform" means the metasocket.io website and any associated software, documentation, and services provided by MetaSocket;
2.7. "Personal Data" is any information which can be used to identify you or from which you are identifiable. This includes but is not limited to your name, email address, trading account information, and usage data;
2.8. "Privacy Policy" means our privacy policy accessible at: https://metasocket.io/privacy as amended from time to time;
2.9. "Trading" means the execution of buy or sell orders for financial instruments through the MetaTrader 5 platform;
2.10. "API" means the Application Programming Interface provided by MetaSocket for integration with the Expert Advisor.
3. Service Description and Requirements
3.1. MetaSocket provides an Expert Advisor that must be installed in a MetaTrader 5 terminal to function properly.
3.2. You are responsible for ensuring you have a valid MetaTrader 5 installation and appropriate broker account before using the Service.
3.3. The Service enables programmatic access to trading functions and market data through the MetaTrader 5 platform.
4. User Responsibilities and Representations
4.1. By using the Service, you represent, warrant and undertake that:
4.1.1. You have legal capacity to enter into this Agreement and are at least eighteen (18) years old;
4.1.2. You will provide accurate and complete information as required for the Service;
4.1.3. You have the necessary knowledge and experience to use trading software and understand the risks involved in financial trading;
4.1.4. You will comply with all applicable laws and regulations related to financial trading in your jurisdiction;
4.1.5. You will not use the Service for any illegal or unauthorized purposes;
4.1.6. You will keep your account credentials secure and confidential;
4.1.7. You will not attempt to reverse engineer, modify, or distribute the Expert Advisor software.
5. Trading Risks and Disclaimers
5.1. TRADING IN FINANCIAL MARKETS INVOLVES SUBSTANTIAL RISK OF LOSS. You acknowledge that trading in Forex, commodities, stocks, and CFDs can result in significant financial losses.
5.2. MetaSocket does not provide investment advice or trading signals. All trading decisions are your sole responsibility.
5.3. Past performance is not indicative of future results. Market conditions can change rapidly and unpredictably.
5.4. You should only trade with money you can afford to lose and consider seeking independent financial advice.
6. Intellectual Property
6.1. MetaSocket and its licensors own all intellectual property rights in the Expert Advisor software and related materials.
6.2. You are granted a limited, non-exclusive, non-transferable license to use the Service for your intended integration purposes.
6.3. You may not copy, modify, distribute, or create derivative works based on the Service without written permission.
7. Limitation of Liability
7.1. TO THE FULLEST EXTENT PERMITTED BY LAW, METASOCKET SHALL NOT BE LIABLE FOR ANY TRADING LOSSES, LOST PROFITS, OR ANY INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES.
7.2. The Service is provided "as is" without warranties of any kind, either express or implied.
7.3. MetaSocket does not guarantee uninterrupted or error-free operation of the Service.
8. Privacy and Data Protection
8.1. MetaSocket collects and processes your personal data in accordance with its Privacy Policy.
8.2. You consent to the collection and use of your data as described in the Privacy Policy.
9. Termination
9.1. Either party may terminate this Agreement at any time with or without notice.
9.2. Upon termination, you must cease using the Service and may be required to uninstall the Expert Advisor.
10. Governing Law
10.1. This Agreement shall be governed by and construed in accordance with the laws of the jurisdiction where Ripples Ventures Inc is incorporated.
11. Contact Information
11.1. For questions about these Terms of Service, please contact us through the contact information provided on our website.