Terms of Service

These terms govern access to the Algovex platform, compiler, visual editor, and marketplace.

• Jurisdiction: Kleve, Germany
• Applies to all accounts and platform services

These Terms of Service (“Agreement”) constitute a legally binding agreement between tacticx Development GmbH (“Algovex”, “we”, “us”, or “our”) and the user (“User”, “you”, or “your”) accessing or using our software-as-a-service platform.

By accessing the platform, creating an account, or utilizing the Natural Language Compiler, Visual Editor, or Backtesting Cluster, you acknowledge that you have read, understood, and agree to be bound by these terms. If you do not agree, you must immediately cease all use of the platform.

We grant you a non-exclusive, non-transferable, revocable, and limited license to access and use the Algovex platform for internal business or personal trading strategy development. This includes the Natural Language Compiler, Visual Editor, backtesting, charting, AI strategy generation, paper (simulated) trading, and code export.

• No reverse engineering, disassembly, or derivation of source code, except to the extent this cannot be restricted under mandatory law (for example decompilation for interoperability).
• No automated crawling or scraping of node metadata or marketplace data.
• No sub-licensing, renting, or leasing of your Algovex account.
• Institutional fair-use limits apply to backtesting operations.

User strategies remain your exclusive property. tacticx Development GmbH makes no claim to the intellectual property of your proprietary trading alpha.

All software, compiler logic, node library definitions, UI/UX designs, and the “Algovex” brand are the exclusive property of tacticx Development GmbH.

Marketplace participation grants Algovex a limited license to host, sell and facilitate transactions for your strategies, as set out in the Marketplace section below.

The marketplace lets creators (“Authors”) list trading strategies and lets other users purchase a license to use them.

tacticx Development GmbH is the seller of record for every marketplace purchase. The purchase contract is concluded between you and tacticx Development GmbH; we issue the invoice and are responsible for value-added tax (VAT) on the sale where applicable.

Authors grant tacticx Development GmbH the right to distribute and sell their listed strategies and receive a revenue share of each sale, net of the platform fee. Authors are licensors to tacticx Development GmbH and are not the buyer’s contractual counterparty. Authors are responsible for ensuring they hold all rights to the content they list and that it does not constitute prohibited investment advice.

Refunds and the statutory right of withdrawal for marketplace purchases follow our Cancellation & Withdrawal policy.

Trading is inherently risky. We provide technical tooling, not financial advice.

Backtesting results are hypothetical and do not guarantee future outcomes. Algorithmic trading can lead to total loss of capital due to market volatility, execution lag, or technical failures.

This Agreement and any disputes arising out of or in connection with it are governed by the laws of the Federal Republic of Germany, excluding the UN Convention on Contracts for the International Sale of Goods (CISG). If you are a consumer, this choice of law does not deprive you of the protection of the mandatory provisions of the law of your country of residence, and you may bring or defend proceedings before the courts of your place of residence. For merchants and legal entities under public law, the exclusive place of jurisdiction is Kleve, Germany.

Algovex today provides strategy building, backtesting, charting, paper (simulated) trading and code export. Live, real-money order execution and broker connections are not yet generally available; they are being rolled out region by region and, where offered, are subject to separate activation and eligibility.

Where live or simulated execution is used, Algovex cannot guarantee execution prices: network latency, exchange-side delays, and market liquidity may result in significant slippage from backtested results. You are responsible for the logic of your strategies. We are not liable for losses resulting from logic errors or improper parameter configuration.

We target high availability for the platform (compiler, editor, backtesting and charting) on a best-effort basis, but we do not guarantee uninterrupted or error-free availability. We will try to announce planned maintenance in advance where practicable. Algovex is not liable for losses incurred during unplanned infrastructure outages or exchange-side downtime.

We may update these terms where there is a valid reason, for example changes to our services or to legal or regulatory requirements. We will notify you of material changes by email or in-platform notice at least 30 days before they take effect. If you do not agree, you may terminate your account before the changes take effect; continued use after the effective date is treated as acceptance of the updated terms, to the extent permitted by law.