Terms and Conditions

Regulations

DTMAlgo registered under DTMAlgo Fintech Solutions Pvt. Ltd, is for the purpose to carry on the business of financial, research and development of financial markets through software designing, customization and Artificial Intelligence Solutions and implementation, maintenance, in all areas of capital market segments and exchanges.

We are not regulated entity by SEBI (Securities and Exchange Board of India).

The algorithmic based tools or products and services offered by DTMAlgo is not to be construed or used as Investment Advice by either the Business Partner or Clients.

We do not offer any financial advice through the site. The information available in this site in all forms are solely for individual education and understanding purpose. We do not manage funds, we only provide Algorithm based trading service.  

 

Correctness

We always try to keep the content of our website www.dailytrademantra.com or www.dtmalgo.in is up to date, however we are not responsible for any errors or omissions in the resources or information available in our site at any point in time.

Assurance

• Trading is speculative and involves significant risks. There can be no assurance that the objectives of an algorithm will be achieved.
• The usage of trading using algorithms is not suitable for persons who have a need for consistent source of regular income from Algo trading.
• Utilizing an algorithm is not intended to provide a complete investment program for the Client, but should be an allocation of his investment portfolio.
• The Client is advised to consult with a Regulated Investment Advisor or professional before engaging in any investment or trading activity with us.

Terms

By visiting our site www.dailytrademantra or www.dtmalgo.in (“Website”) you (“you” refers to the user or viewer of the Website) are agreeing to be bound by the terms and conditions and the Privacy Policy on the Website. We may change these terms and conditions at any time. By using this Website or any utility in this web site directly or indirectly you abide by all terms and conditions mentioned herein and that you accept any new or modified terms and conditions that we come up with. If you do not agree to any of the terms mentioned herein, you should exit the site immediately

Registration

By registering for this facility you understand that DTMAlgo and its directors, employees and associates (hereinafter singly and jointly referred to as “DTLAlgo”) reserves the right, in its sole discretion, to deny you access to this Website or any portion thereof without notice for the following reasons (a) any unauthorized access or use by you (b) if you assign or transfer (or attempt the same) any rights granted to you under this User Agreement or any other agreement that you may have entered with DTMAlgo; (c) if you violate any of the other terms and conditions of this User Agreement. Termination or cancellation of this Agreement shall not affect any right or relief to which DTMAlgo may be entitled, at law or in equity. Upon termination of this User Agreement, all rights granted to you will terminate and revert to DTMAlgo.

Unauthorized use of this Website and systems, including, but not limited to, unauthorized entry into DTMAlgo systems, online accounts, misuse of passwords or misuse of any other information, is strictly prohibited. You may not use this Website in any manner that could damage, disable, overburden, or impair this Website or service or interfere with any other party’s use and enjoyment of this Website or service. You may not attempt to gain unauthorized access to any of our site or service and computer systems or networks connected to it, through hacking.

The users have the primary responsibility to keep their login-ids and passwords secure and to not display such crucial, important information to any third person. In case of any such leak of login-id & password, DTMAlgo cannot be responsible for the loss of such information, or for any act, omission, damages, claims, loss of personal information, etc arising from the use of such leakage of login-ids and passwords. DTMAlgo may, at its own discretion, use certain technology on its web sites to collect information from visitors and may compile aggregate statistical information about how visitors use its websites, including information relating to the frequency of visits, the average length of visits, which pages are viewed during a visit etc.

 

Cancelation & Refund

Once you make any payment to DTMAlgo via our website, to procure any of our financial products and deploy the product for trade, there will be no refund. We recommend to go through the products in detail before making any payment to avoid any discomfort at a later stage. 

 

Associated Risk 

The trading strategies employed by the usage of trading algorithms (including but limited to, among other things, the use of leverage) involve certain risks as detailed below which should be taken into consideration before employing such algorithms to carry on trading.

a. No assurance can be given that the trading undertaken by a Client with the aid of the technology tools, algorithms will be successful under all ordinary market conditions.

b. Trading can be leveraged. Some algorithms might involve a high degree of leverage. A small price movement in the market may, therefore, result in substantial gains or losses. Thus, trading of some investments may result in losses in excess of the amount initially employed by the Client to be carried out by such algorithms.

c. Trading may be illiquid. Some exchanges have daily price limits for certain investments. Once the price of an investment has increased or decreased by an amount equal to the daily limit, positions in the investment can be neither taken nor liquidated unless traders are willing to affect trades at or within the limit. In the past, investments have moved the daily price limit for several consecutive days with little or no trading occurring. Similar occurrences could prevent the algorithms from promptly liquidating unfavorable positions and thus subject the Client to substantial losses.

d. Speculative nature of trading. The trading algorithms objectives, rules, policies should be considered speculative, as there can be no assurance that algorithms will generate a profit.

e. Market risks. The profitability of a significant portion of the Client depends to a great extent upon the success of price movements of specific financial instruments, securities, commodities, futures and/or other investments. There can be no assurance that the algorithms will be able to predict accurately these price movements or that clients will not lose all or substantial proportion of their investments.

f. The institutions, including but not limited to brokerage firms, with which the algorithms execute trades, may not may not be operationally efficient and may not be subject to capital adequacy requirement. As a result, a counterparty may encounter financial or operational difficulties that impair its quality of services which might expose the Client to potential losses as a result.

g. The strategies and algorithms subscribed for by the client may involve short selling. Short sales can, in certain circumstances, substantially increase the impact of adverse price movements on the Clients trading accounts.

h. The strategy and trading algorithms subscribed for by the Client may involve the taking of frequent trading positions, and, as a result, turnover and brokerage commission expenses of the Client may significantly exceed those of other investment avenues of comparable size.