General Terms & Conditions

These terms govern the purchase and use of MyAlgoMate’s software and services. We provide execution technology only — you make and are responsible for your own trading decisions.

These General Terms & Conditions (“Terms”) govern the purchase and use of software, subscriptions, and services provided by Myalgomate Technologies LLP (“MyAlgoMate”, “we”, “us”). By purchasing or using our products or services, you agree to these Terms. They should be read together with our Terms of Use, Privacy Policy, Refund Policy, and Risk Disclosure Statement.

1. Who we are and what we provide

MyAlgoMate is a technology provider. We provide software and development services that automate the execution of a trading strategy that you define or choose. We are NOT a SEBI-registered investment adviser or research analyst, a broker, or a portfolio manager, and we do not provide investment advice, tips, recommendations, calls, signals, or any assurance of returns.

2. Eligibility

You must be at least 18 years old and legally able to enter into a contract. You are responsible for ensuring that your use of our products is lawful in your jurisdiction and complies with your broker’s and exchange’s rules.

3. Your account, broker, and responsibilities

• You use your own broker or exchange account and remain fully responsible for it, including all orders placed and all trading decisions and outcomes.
• Our software generally runs on your own system or cloud machine — not on MyAlgoMate’s servers — so you retain control of execution.
• You are responsible for configuring strategies correctly, for keeping your systems, devices, and credentials secure, and for monitoring automated execution and intervening when needed (including exiting positions and stopping the software).
• You will not use our products for any unlawful purpose or in breach of any exchange, broker, or regulatory requirement.

4. Fees and payment

• Fees are as quoted or as listed for the relevant product or service. Custom strategy automation requires 100% advance payment.
• Prices are in Indian Rupees and are exclusive of applicable taxes (such as GST) unless stated otherwise.
• Refunds are governed by our Refund Policy.

5. Custom development

For custom automation, we build and test the logic to match the requirement you provide. Bug fixes are free if reported within the testing period specified in your estimate; future changes, new features, and broker-side updates are chargeable. Timelines are estimates and may vary with complexity and third-party dependencies.

6. Intellectual property and licence

MyAlgoMate retains all rights in its software, tools, and platforms. On purchase you receive a limited, non-exclusive, non-transferable licence to use the product for your own trading, subject to these Terms. You must not copy, resell, sub-licence, reverse-engineer, or redistribute our software except as expressly permitted.

7. Confidentiality of your strategy

Where you share strategy details with us for a custom build, we keep them confidential and do not disclose them to third parties or use them for ourselves, except as needed to provide the service to you.

8. No warranty of results; disclaimers

Our products are provided on an “as is” and “as available” basis. We do not warrant that they will be uninterrupted or error-free, or that any strategy will be profitable. We make no assurance of any profit, return, or performance. Automation depends on third parties (brokers, exchanges, internet, cloud, and power), and interruptions or errors in those systems are outside our control.

9. Limitation of liability

To the fullest extent permitted by law, MyAlgoMate is not liable for any trading losses, or for any indirect, incidental, special, or consequential loss, or loss of profits, data, or opportunity, arising from the use of, or inability to use, our products or services. To the extent we are held liable, our total aggregate liability will not exceed the amount you paid us for the specific product or service giving rise to the claim.

10. Indemnity

You agree to indemnify and hold MyAlgoMate harmless from claims, losses, and expenses arising from your use of our products, your trading decisions, or your breach of these Terms or of any law or third-party rule.

11. Suspension and termination

We may suspend or terminate access if you breach these Terms, misuse the products, or where required by law. On termination, the licence to use our products ends; provisions that by their nature should survive (including disclaimers, limitation of liability, and indemnity) will continue to apply.

12. Force majeure

We are not liable for any failure or delay caused by events beyond our reasonable control, including outages of internet, power, cloud, brokers, or exchanges, regulatory action, or other force-majeure events.

13. Changes to these Terms

We may update these Terms from time to time. The current version, with its “Last updated” date, is available on this page. Your continued use of our products after changes means you accept the updated Terms.

14. Governing law and contact

These Terms are governed by the laws of India, and the courts at Rajkot, Gujarat, India will have jurisdiction, subject to applicable law. For any question about these Terms, contact Myalgomate Technologies LLP (Rajkot, Gujarat, India) at info@myalgomate.com.