Terms and Conditions
Last update: 2016-05-24
Agreement as to Terms and Conditions
By utilizing this website, you agree to be bound by these terms and conditions. This is a legal agreement (“Agreement”) between you and Qooaims , or any of its affiliated entities (“Qooaims”) for use of the website, data, Qooaims trading platform and third party signal providers (“Products and Services”).
The Qooaims trading platform is an auto-trading system. The Qooaims platform receives trading signals from third party signal providers. Once the signal is received, Qooaims validates the signal and confirms whether it is consistent with the investor’s account settings and preferences. If the signal is accepted, Qooaims sends the trading signal to the investor’s broker for execution.
Risk of Loss
By viewing this website and trading on the Qooaims trading platform, you fully understand and agree that Forex markets are subject to numerous implicit and explicit risks, none of which Qooaims can control or influence. You therefore acknowledge and agree that all trading is solely at your own risk. You should be aware of all the risks associated with trading and you should seek advice from an independent financial advisor before trading.
The risk of loss in trading Forex can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. When trading on margin, you may sustain a total loss of the initial margin funds and any additional funds that you deposit with your broker to establish or maintain a position in the Forex market. Before deciding to trade and/or invest, you should carefully consider your objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not trade or invest money that you cannot afford to lose.
You also agree to bear complete responsibility for your choice of signal provider(s) and acknowledge that Qooaims has not and will not make any specific recommendations to you upon which you are entitled to rely. You also understand that the information disseminated on this website represents impersonal, disinterested opinions and commentary of Qooaims and its employees and agents, but that the information does not constitute investment advice or a recommendation to trade using any specific signal provider.
Third Party Signal Providers
Qooaims makes no guarantee, implied or otherwise, as to the information provided to investors by third party signal providers, or through their respective websites. As such, use of these third party signal providers is at the investor’s own risk. You acknowledge and agree that Qooaims is not responsible for any shortcomings, trading system errors, charging or billing errors, misrepresentations, or any wrongdoing on the part of said third party signal provider(s). Qooaims recommends investors to review the signal provider’s description and strategies before following them.
The percentage returns reflect inclusion of commissions, spreads, interest, fees, and the cost of the system. The commission, spread, interest and fee costs included in the calculations varies per system.
The actual percentage gains/losses experienced by investors will vary depending on many factors, including, but not limited to: starting account balances, market behavior, the investor’s account settings, and the performance of the signal provider. Because of this, actual percentage gains/losses experienced by investors may be different from the percentage gains/losses as presented on this website.
You understand that there can be no guarantee that your use of the signal providers or the information found on this website will result in profits. Further, you understand that your use of the signal providers or the information found on this website may result in substantial losses.
Every effort has been made to ensure that the information on this website is accurate and complete, but neither Qooaims, nor our officers, principals, employees or agents shall be liable to any person for any losses, damages, costs or expenses (including, but not limited to, loss of profits, loss of use, direct, indirect, incidental or consequential damages) resulting from any errors in, omissions of or alterations to the information. The foregoing shall apply regardless of whether a claim arises in contract, tort, negligence, strict liability otherwise.
Any specific investment or investment service contained or referred to in this website may not be suitable for all investors. You should not rely on any of the information as a substitute for the exercise of your own skill and judgment in making such a decision on the appropriateness of such investments.
Qooaims has not undertaken to verify the completeness or accuracy of any of the information and statistics provided by third parties. While the information and statistics given are believed to be complete and accurate, we cannot guarantee their completeness or accuracy. As a term and condition of your use of this website, you expressly hold Qooaims harmless and waive any claim you have or may have as a result of any of the information and statistics provided by third parties contained on this website being incomplete or inaccurate.
Online Trading Risks
Volatility or illiquidity in the Forex markets may prevent orders from being executed at advantageous prices, or at all. Qooaims shall not be liable to any person for any losses, damages, costs or expenses (including, but not limited to, loss of profits, loss of use, direct, indirect, incidental or consequential damages) occurring because trades cannot be executed due to market conditions, or from any errors of your Forex dealer.
There are risks associated with utilizing an Internet-based trading services including, but not limited to, hardware, software or Internet connection. Since Qooaims does not control signal power, its reception or routing via Internet, configuration of your hardware or software, or reliability of your Internet connection, you agree that you are solely responsible for such failures, including communication failures, disruptions, distortions and delays in trading.
RISK WARNING AND DISCLAIMER
QooAIMS.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
QOOAIMS – Past performance posted by Signal and Systems Providers (Traders), is not indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown.
The performance of customers electing to trade a different lot size from those used by a Signal Provider will vary. Customers may place trades independent of those provided by a Signal Provider or place customized orders to exit positions which differ from those of a Signal Provider.
All performance results presented only include the results of completed trades and do not reflect the profit or loss on open positions. Due to differences in the bid/ask offered by various counterparties, all trades executed in the account of a Signal Provider may not be executed in a customer account if the bid/ask of the Forex broker at which the customer maintains the customer’s account is different from that of the Signal Provider’s broker or due to volatility in the market.
Customers may choose not to follow all of the trading signals provided by the signal providers or be able to trade the recommended number of contracts due to insufficient funds in an account. Therefore, the results shown are not indicative of an account which may have traded all a Signal Provider’s signals or contracts. Further, by electing to follow a number of different Signal Providers at one time, customers may not be able to follow all of the signals generated due to the customer’s account having insufficient funds. Accordingly, the performance of customer accounts may vary significantly from the results portrayed on this website.
This website does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk involved with trading Forex investments and consult an investment professional before proceeding. The trading systems described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems’ signals, it is your decision.
The risk of loss in trading foreign exchange (forex) can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in forex trading can work against you as well for you. The use of leverage can lead to large losses as well as gains.
Forex trading offers large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex market.
Don’t trade with money you cannot afford to lose.
QooAIMS.com strive to provide our customers with varied risk-reward classifications on all Signal Providers to facilitate your selection according to your risk-reward appetite. However, there are no guarantees or certainties in trading and the suggested classifications are subjective guides at the point of time a Signal Provider started its signal services at QooAIMS.com. We will not be held liable and responsible to and on any aspect, including its recency, validity, relativity pertaining to this risk-reward classification and the like.
Reliability of trading signals for our systems and strategies is in probabilities only. Trading involves hard work, risk, discipline and the ability to follow rules and trade through any tough periods during a system drawdowns. If you are looking for guarantees, trading is not for you. Most people lose in trading. One of the reasons is that they lack discipline and are unable to be consistent. A system can help you become consistent. The ability to be disciplined and take the trades is equally as important as any technical indicators a trader uses.
Ironically, worrying about the money aspect of trades can contribute to and cause a trader to make trading errors. Therefore, it is important to only trade with true risk capital.
By using our products and services you agree to hold QooAIMS.com and anyone involved in the development, production and distribution of any trading systems/strategies purchased through QooAIMS.com free of any responsibility or liability for any losses sustained while trading with live funds. Any live trading that you do, be it manual or automated, you do so at your own risk and discretion. Once again, leveraged Forex is a risky business. You can lose large sums of money by taking the risk of trading in the live market. QooAIMS.com shall not be held responsible for any losses that you might incur during any trades.
This is neither a solicitation nor an offer to Buy/Sell currencies, futures, stocks or options on the same. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed verbally or written on any literature by QooAIMS.com. The past performance of any trading system/strategy or methodology is not necessarily indicative of future results. No guarantee is made that you will be able to replicate the same results.
This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the offered products or services referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
DISCLAIMER FOR EXTERNAL LINKS
Please be aware that some of the websites that you may link to through this website are not supported by Qooaims. Because the material made available on these websites is not under the control of Qooaims, we make no representation to you about these websites nor the material you may find there. The fact that Qooaims has linked to these websites does not constitute an endorsement or recommendation of any kind. The links to these websites are being provided only as a convenience to you.