License Agreement

The Trade Slapper forex expert advisor (the Bot) has certain usage conditions and restrictions which you accept and agree to when you install and use the Bot to trade on the forex market. These conditions include:

• All forex trading and Bot usage is done at your own risk
• The Bot must be used with the desktop computer Metatrader 4 application
• The Bot may not be decompiled
• The Bot is designed to be used with certain settings that make an attempt at mitigating risk, but they are not guaranteed to do so. Additionally, your decisions to change any of the settings could have dire consequences for your account balances
• We make money when you make money. If you don't make any money using our products, you don't owe us any money. If you lose money using our products, you don't owe us any money and we don't owe you anything. When you do make money, you agree to share 10% of your profits with us on a weekly basis. Clients with established relationships with us may be billed on a less frequent basis
• The Bot may be used indefinitely on demo trading accounts
• In order to know how much to bill you (i.e. how much profit you have made using the Bot), the Bot transmits the following information about your closed trades to tradeslapper.com:
  • Currency pair
  • Lot size
  • Trade open date
  • Trade close date
  • Profit or Loss
  • Broker name
  • Account number
  • Trade comment
  • Magic number
• An invoice will be generated with a 3-day payment deadline
• Invoiceable trades will be begin to accumulate starting with the date of the purchase of the free Bot product in the TradeSlapper.com and the application of an account number to that product.
• Failure to pay an invoice within the 3-day period will result in the Bot ceasing to function. However, the bots that the Bot orchestrates will continue to operate