Terms of Service

Welcome to SherAlgo. At SherAlgo, we are dedicated to empowering traders with cutting-edge tools like the SherAlgo Layering Tool, a professional MetaTrader 5 Expert Advisor ("Service"), and providing a seamless experience through our website ("Website"). These Terms of Service ("Terms") govern your use of the Service and Website, ensuring a secure, fair, and transparent relationship. We value your trust and strive to support your trading journey with integrity and excellence.

1. Acceptance of Terms

By purchasing, downloading, or using the SherAlgo Layering Tool on MetaTrader 5, or by accessing our Website, you acknowledge that you have read, understood, and agree to be bound by these Terms and our Privacy Policy. These Terms form a legally binding agreement between you ("User," "you," or "your") and SherAlgo ("we," "us," or "our"). We may update these Terms periodically, and changes will be effective upon posting on our Website. Your continued use of the Service or Website constitutes acceptance of the updated Terms.

2. Scope of Service and Website

2.1 SherAlgo Layering Tool

The SherAlgo Layering Tool is a sophisticated Expert Advisor designed exclusively for the MetaTrader 5 platform, aimed at enhancing forex trading strategies through automation and precision. It offers features such as multi-order placement, dynamic lot scaling, and profit/loss management to support your trading goals.

2.2 SherAlgo Website

Our Website provides comprehensive information about the Service, pricing plans, support resources, and secure payment processing through our trusted partners, NowPayments and PayPal. It serves as your gateway to accessing the Service and staying informed about updates and features.

3. Use of the Service and Website

3.1 Permitted Use

You agree to use the Service and Website in compliance with all applicable laws and regulations. The Service is intended for personal forex trading on MetaTrader 5, and the Website is for informational and transactional purposes related to the Service. You are solely responsible for your trading decisions and risk management when using the Service.

3.2 Restrictions

  • You may not modify, reverse-engineer, decompile, or distribute the Service without our prior written consent.
  • You may not use the Service or Website for any illegal, fraudulent, or unauthorized purpose.
  • Each purchase of the Service is valid for use on one MetaTrader 5 account only. Sharing or transferring your license key to another account or user is prohibited.
  • You may not attempt to bypass security measures on the Website or Service, including but not limited to hacking, phishing, or unauthorized access attempts.

4. Security and User Responsibilities

4.1 Our Commitment to Security

We prioritize the security of both the Service and Website. The SherAlgo Layering Tool operates locally on your MetaTrader 5 platform, ensuring that your trading data remains on your device and is not transmitted to our servers. The Website employs industry-standard encryption for payment processing and data transmission, safeguarding your personal and payment information.

4.2 Your Responsibilities

  • Keep your MetaTrader 5 account credentials and SherAlgo license key confidential to prevent unauthorized use.
  • Ensure your device and MetaTrader 5 platform are secure, including using updated antivirus software and secure internet connections.
  • Do not share your license key or attempt to use the Service on multiple MetaTrader 5 accounts, as this violates the license agreement and may lead to account suspension.
  • Protect your Website account (if applicable) by using strong passwords and not sharing login details.

5. Payment and Access

Access to the SherAlgo Layering Tool is granted upon successful payment through our designated payment processors, NowPayments and PayPal, as facilitated via the Website. We offer various plans (Monthly, 3 Months, 6 Months, 12 Months, and Lifetime) to suit your trading needs, with flexible payment options for your convenience. All payments are non-refundable unless otherwise stated. Upon payment, you will receive the EA file and setup instructions for MetaTrader 5 via email within 24 hours. We ensure secure payment processing through NowPayments and PayPal, protecting your financial information with industry-standard encryption.

6. Intellectual Property

The SherAlgo Layering Tool, including all software, algorithms, designs, and documentation, as well as the content on the Website, is the exclusive intellectual property of SherAlgo and is protected by copyright and other intellectual property laws. Upon purchase, you are granted a non-exclusive, non-transferable license to use the Service for personal trading purposes on one MetaTrader 5 account. You may not copy, modify, distribute, or create derivative works from the Service or Website content without our express written permission.

7. Limitation of Liability

SherAlgo is not liable for any losses, damages, or expenses incurred as a result of using the Service on MetaTrader 5 or accessing the Website, including but not limited to trading losses, data loss, or system failures. Forex trading involves significant risk, and the Service does not guarantee profits. The Service and Website are provided "as is" without warranties of any kind, express or implied. We are committed to supporting your trading journey, but you use the Service and Website at your own risk.

8. Termination

We reserve the right to terminate or suspend your access to the Service or Website at our discretion, with or without notice, for reasons including but not limited to violation of these Terms, suspected fraudulent activity, or security concerns. Upon termination, your right to use the Service on MetaTrader 5 and access the Website will cease immediately. We will notify you of termination via email and provide guidance on next steps to ensure a fair resolution.

9. Governing Law

These Terms shall be governed by and construed in accordance with the laws of [Your Jurisdiction], without regard to its conflict of law principles. Any disputes arising under these Terms, whether related to the Service or Website, shall be resolved in the courts of [Your Jurisdiction]. We aim to resolve any disputes amicably and encourage you to contact us before pursuing legal action.

10. Contact Information

We are here to support you every step of the way. If you have any questions about these Terms, whether related to the SherAlgo Layering Tool for MetaTrader 5 or the Website, please contact our dedicated support team at support@sheralgo.com. We aim to respond to all inquiries within 24-48 hours during business days.