Terms of service

1. Introduction and acceptance

Effective date: May 6, 2026. Last updated: May 6, 2026.

These Terms constitute a legally binding contract between you and AlgoX, operating from Dubai, United Arab Emirates.

By using the website, submitting an application, opening a connected brokerage account, or linking an account to the trading system, you agree to these Terms, the Privacy Policy, and the risk disclosure. If you do not agree, do not use the services.

2. Nature of services

AlgoX operates as a technology-driven trading system that executes algorithmic strategies across selected forex pairs, primarily GBP/JPY and AUD/USD, on connected client accounts. The model is performance-based. We earn when you profit.

We are a technology provider, not a bank, not a custodian, and not a licensed fund manager taking legal custody of client money. All trading activity is carried out via your own brokerage account. We do not hold withdrawal rights over your account.

Nothing on the website or in our communications constitutes financial, investment, or tax advice. Information is provided for informational and educational purposes only.

3. Eligibility

A minimum account balance as stated on the website at onboarding is required. We may adjust minimums. Accounts falling below the minimum during live trading may be disconnected.

Services are not available where they would be contrary to local law. It is your responsibility to confirm that participation is lawful in your country of residence.

4. How the system operates

The Expert Advisor runs on MetaTrader with trade-execution access. Execution is autonomous according to the model. Human operators may pause trading during extreme events, broker outages, or risk breaches.

You can revoke access by removing the EA or disabling auto-trading on your terminal.

5. Fees

Performance fees follow the plan you select: 50% Basic, 40% Starter, 30% Growth of net profits. No monthly subscription is charged for the standard plans.

Where high-water mark billing applies, a fee is charged only on new net profits above the highest previously recorded equity peak.

6. Risk disclosure

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. You may lose more than your initial investment. Leverage amplifies both gains and losses. Drawdowns can exceed historical maximums.

Past verified performance, including Myfxbook track records, is not a guarantee of future results.

• Currency markets are highly volatile and can move sharply
• Algorithmic systems can experience drawdowns, losing streaks, or failure in adverse conditions
• Gap risk, slippage, and execution delays at the broker may affect outcomes independently of system signals

7. Limitation of liability

To the fullest extent permitted by law, we are not liable for:

• Trading losses, drawdowns, or capital depletion from operation of the system
• Losses from broker execution quality, slippage, spread widening, or connectivity failures
• Technical interruption or execution failure beyond reasonable control
• Indirect, consequential, incidental, or punitive damages
• Reliance placed on performance data or case studies on the website

8. Client conduct

You agree that you will not:

• Attempt to reverse-engineer or replicate the system's strategy
• Share or publish system logic, trade signals, or proprietary data
• Use observations of system trades to copy the strategy outside your connected account