Terms of Service
These terms govern your use of VSIP's trading platform and services. Please read them carefully.
Table of Contents
1. Acceptance of Terms
By accessing or using VSIP's platform and services, you agree to be bound by these Terms of Service and all applicable laws and regulations. If you do not agree with any part of these terms, you may not use our services.
These terms constitute a legally binding agreement between you and VSIP Technology Inc. ("VSIP," "we," "us," or "our"). Your continued use of our services constitutes acceptance of any modifications to these terms.
2. Eligibility
To use our services, you must:
- Be at least 18 years of age (or the age of majority in your jurisdiction)
- Have the legal capacity to enter into binding agreements
- Reside in a jurisdiction where our services are legally available
- Meet minimum net worth or income requirements for certain services
- Complete identity verification and compliance procedures
- Not be subject to economic sanctions or appear on restricted persons lists
3. Description of Services
VSIP provides automated trading platform services, including but not limited to:
Automated Trading
- Algorithm-driven strategy execution
- Portfolio management tools
- Risk management systems
- Performance monitoring
Analytics & Reporting
- Real-time performance metrics
- Historical data analysis
- Custom reporting tools
- Risk assessment reports
Strategy Development
- Custom strategy creation
- Backtesting capabilities
- Strategy optimization
- Live deployment tools
Support Services
- Technical support
- Educational resources
- Account management
- Compliance assistance
4. Account Registration and Security
Registration Process
To create an account, you must provide accurate, current, and complete information. This includes personal identification, financial information, and investment experience details required for regulatory compliance.
Account Security
- You are responsible for maintaining the confidentiality of your account credentials
- Enable two-factor authentication when available
- Notify us immediately of any unauthorized access or security breaches
- Use strong, unique passwords and update them regularly
- Do not share your account with others or allow unauthorized access
5. Trading Services and Execution
Order Execution
VSIP provides automated trading services that execute trades based on pre-programmed algorithms and strategies. While we strive for optimal execution, market conditions may affect trade timing and pricing.
Trading Limitations
- Position size limits based on account value and risk parameters
- Daily trading limits to manage exposure
- Restricted instruments based on regulatory requirements
- Market hour limitations and trading halts
- Minimum account balance requirements for certain strategies
Strategy Performance
Past performance does not guarantee future results. All trading strategies involve risk of loss, and you may lose more than your initial investment. Strategy performance may vary based on market conditions, execution timing, and other factors.
6. Risk Disclosure
Important Risk Warning
Trading in financial instruments involves substantial risk of loss and is not suitable for all investors. You should carefully consider your investment objectives, level of experience, and risk appetite before engaging in trading activities.
Market Risk
Prices of financial instruments can fluctuate rapidly and unpredictably due to market conditions, economic events, and other factors beyond our control.
Technology Risk
Automated trading systems may experience technical failures, connectivity issues, or software bugs that could affect trade execution and performance.
Liquidity Risk
During periods of low market liquidity, you may not be able to execute trades at desired prices or exit positions when needed.
Leverage Risk
Use of leverage amplifies both potential gains and losses. Small market movements can result in significant impact on your account balance.
7. Fees and Payments
Service Fees
VSIP charges fees for various services as outlined in our fee schedule. Fees may include subscription fees, performance fees, transaction costs, and other charges as applicable to your account type and services used.
Fees are subject to change with 30 days' notice. Current fee schedules are available in your account dashboard and on our website.
8. Prohibited Activities
You agree not to engage in any of the following prohibited activities:
Trading Violations
- Market manipulation or abuse
- Front-running or insider trading
- Wash trading or fictitious orders
- Circumventing position limits
System Abuse
- Hacking or unauthorized access
- Reverse engineering or tampering
- Excessive API usage or abuse
- Disrupting platform operations
Legal Violations
- Money laundering activities
- Financing illegal activities
- Violating applicable laws
- Fraudulent representations
Account Misuse
- Sharing account credentials
- Creating multiple accounts
- Providing false information
- Circumventing restrictions
9. Termination
Termination by You
You may terminate your account at any time by providing written notice. Upon termination, you remain responsible for all fees incurred and must settle any outstanding obligations.
Termination by VSIP
We may suspend or terminate your account immediately for violation of these terms, illegal activities, or other reasons that pose risk to our platform or other users.
Effects of Termination
- Immediate cessation of trading activities
- Settlement of outstanding positions and obligations
- Return of remaining account balance (subject to fees and charges)
- Retention of records as required by law
- Survival of terms that by nature should continue post-termination
10. Disclaimers and Limitation of Liability
Service Disclaimer
VSIP services are provided "as is" without warranties of any kind. We do not guarantee uninterrupted service, error-free operation, or specific trading results. Your use of our services is at your own risk.
Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, VSIP SHALL NOT BE LIABLE FOR:
- Trading losses or missed opportunities
- System downtime or technical failures
- Data errors or delays
- Third-party actions or market conditions
- Consequential, indirect, or punitive damages
Indemnification
You agree to indemnify and hold VSIP harmless from any claims, losses, or damages arising from your use of our services, violation of these terms, or infringement of any third-party rights.
Questions About These Terms
If you have questions about these Terms of Service, please contact us at:
Email: legal@vsip.com
Phone: +1 (555) 123-4567
Address: VSIP Technology Inc.
123 Trading Ave, Suite 100, New York, NY 10001
Effective Date: January 1, 2025
Last Updated: December 15, 2024