Full risk disclaimer
AlgoKhaleej provides software development services only. We do not provide investment advice, trading signals, account management or any guarantee of profit. Trading involves substantial risk of loss. Backtests and past performance do not guarantee future results. You are responsible for your trading decisions and for complying with your broker’s terms and local regulations.
The eight points below explain this disclaimer in more detail.
1. Software development only
We write software to the rules you give us. The strategy, the settings and every decision to trade come from you. A tool we build follows your instructions, and it does not judge whether those instructions are wise.
2. No advice, signals or account management
We do not tell you what, when or how much to trade. We do not sell or provide trading signals, and a signal copier only copies signals from sources you already follow. We do not manage accounts or funds. Default values in a settings guide are examples for testing, not recommendations.
3. Trading carries substantial risk
Forex, gold, indices and stocks can move fast, and leverage makes losses larger. You can lose more than you expect, and on some accounts more than your deposit. Only trade with money you can afford to lose, and get independent advice from a licensed adviser if you are unsure.
4. Backtests and demo results do not predict live results
A backtest replays past data, and a demo account uses simulated fills. Live trading differs: spreads widen, orders slip, prices gap, servers lag and brokers can reject orders. So a tool that behaves well in the Strategy Tester or on a demo account can behave differently on a live account. Past results, simulated or real, do not show what will happen next.
5. Third-party platforms
Our tools run on software that other companies own, such as MetaTrader 4, MetaTrader 5, TradingView, Telegram and WhatsApp. AlgoKhaleej is not affiliated with these companies, and their trademarks belong to their owners. They can change their software, rules or prices at any time, and those changes can affect how a tool works.
6. Broker, prop firm and local rules
Brokers and prop firms set their own rules for automated trading, trade copiers, hedging, news trading and swap-free accounts. Local regulations also differ from country to country. Check your broker’s terms, your prop firm’s rules and your local regulations before you use any tool on a live or funded account.
7. Swap-free compatibility is a technical feature
Some of our tools can work with swap-free or Islamic accounts, for example by closing trades before the daily rollover. That is a technical feature only. It is not a religious ruling, and we do not certify any product as compliant with religious rules. If you need a religious opinion on your trading, ask a qualified scholar. Also check your broker’s swap-free terms, because they differ between brokers.
8. No promise of results
We test that the software works as the approved spec describes. We do not promise any trading result, return or level of performance. No developer can, because results depend on the market, your strategy, your broker and your decisions.
Questions about this disclaimer
If any part of this disclaimer is unclear, ask us before you use a tool. Email support@algokhaleej.com or message us on WhatsApp at +91 91066 42985. You can also read our terms of service and privacy policy.