Terms and Conditions of Silverbulls.io
Introduction
Welcome to Silverbulls.io. These Terms and Conditions ("Terms") govern the use of our algorithmic trading platform ("Platform"), services, and subscriptions. By accessing, subscribing, or using our services, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree, you must discontinue using our services immediately.
Silverbulls.io reserves the right to modify these Terms at any time. Users will be notified of major changes, but it is their responsibility to review the Terms periodically.
Services Provided
Silverbulls.io provides algorithmic trading services for Bitcoin futures, allowing users to subscribe to and follow automated trading strategies. Our services include:
- Subscription-based access to our algorithmic trading strategies.
- Automated trade execution on behalf of users.
- Access to performance analytics and trading insights.
Platform as a Service Disclaimer
- Silverbulls.io operates as a Platform as a Service (PaaS), integrating a user's broker account with our system for algorithmic trading.
- All trades are executed via APIs linked to the user's brokerage account, Silverbulls.io does not perform any trading itself.
- Silverbulls.io is not a cryptocurrency broker, exchange, or wallet service and does not hold or manage user funds.
- In case of any cyberattack on our platform or on the broker's platform, Silverbulls.io is not responsible for any data loss, security breaches, or financial losses incurred by users.
Subscription Plans & Fees
1. Subscription Charges
- Users can choose between half-yearly and annual subscription plans when subscribing/investing/following any strategy.
- Subscription fees are non-refundable under any circumstances.
- The subscription grants access to our trading algorithms but does not guarantee profitability.
2. Algorithmic Strategy Commission Fees
- A 30% Algo strategy commission fee is applied only on profitable trades.
- No commission fees are charged on losing trades.
- Silverbulls.io is not liable to pay any compensation, refund, or reimbursement in cases of trading losses.
User Responsibilities & Acknowledgments
Trading Risk Disclaimer
Silverbulls.io is an algorithmic trading platform that facilitates automated trades based on pre-programmed strategies. By using our services, users acknowledge and accept that:
- Trading cryptocurrency futures involves a high risk of capital loss.
- Users may experience partial or full capital loss.
- Silverbulls.io does not offer financial or investment advice.
- Past performance and backtesting results do not guarantee future profits.
- Users must conduct their own research and consult with financial professionals before subscribing to any strategy.
- Silverbulls.io does not provide refunds for subscription fees or compensate for losses.
Disclaimers
General Platform Disclaimer
- Silverbulls.io does not operate as a financial institution.
- Our services are strictly technology-driven and should not be interpreted as investment advisory or recommendations.
- The user bears full responsibility for the risks associated with algorithmic trading.
- We do not guarantee uninterrupted, error-free, or profitable trading.
- We may modify, suspend, or discontinue any trading strategy at our discretion.
Dashboard Disclaimer
- The dashboard displays historical trading data based on backtesting results.
- Performance statistics are subject to change due to strategy upgrades, replacements, or additions.
- Trades executed are based on Bitcoin price movements from 2021.
- Historical backtesting results are not indicative of future performance or profits.
User Conduct
Users must comply with the following:
- Do not use the platform for illegal or unauthorized purposes.
- Do not manipulate or attempt to disrupt the system.
- Do not share account credentials with third parties.
- Silverbulls.io reserves the right to suspend or terminate accounts that violate these conditions.
Limitation of Liability
Silverbulls.io, its employees, partners, and affiliates shall not be held liable for:
- Losses incurred from using the platform or trading strategies.
- Unauthorized access to user accounts.
- Errors, interruptions, or delays in the service.
- Market fluctuations that affect trade performance.
- Cyberattacks affecting either Silverbulls.io or third-party broker platforms.
Users assume full responsibility for their investment decisions and trading activities.
Governing Law & Jurisdiction
These Terms and Conditions shall be governed by and interpreted in accordance with the laws of United Arab Emirates. Any disputes arising from or relating to these Terms shall be subject to the exclusive jurisdiction of the courts in United Arab Emirates.
Changes to Terms & Conditions
Silverbulls.io reserves the right to amend these Terms at any time. Users will be notified of significant changes, but continued use of the platform constitutes acceptance of the revised Terms.
For any inquiries, contact us at info@silverbulls.io.
Effective Date: February 18, 2025