License Agreement

License Agreement to Use “mtrobot.net” Expert Advisors

Before using the program (EA), please refer to this License Agreement. Any use of the program shall mean that you fully and without reservation accept the terms and conditions laid out in this License Agreement.

If you don’t fully accept the provisions in this License Agreement, then you are not entitled to use the program for any purpose.

1. License

This License Agreement (hereinafter “License”) is entered into between you, End User, (hereinafter “User”) and Self-Employed Entrepreneur “Бышко Валерий Николаевич” (Byshko Valeriy Nikolayevich), UNP 291396650, the Republic of Belarus, Stolin, Tereshkova Str. 19, (hereinafter “mtrobot.net”) that is the holder of exclusive rights for the Program (“Copyright Holder”). The License sets forth the Terms of Use and documentation (“Program”) meant for automated trading in the MetaTrader 4 trading platform.

1.1. By copying the Program and installing it on their personal computer or server, the User fully and without reservation agrees to all and any provision of the License.

1.2. The use of the Program is allowed only under the provisions set out in this License. If the User does not fully accept the provisions in this License, then the User is not entitled to use the Program for any purpose. It is forbidden to use the Program if any of the provisions of this License has been violated (not completed).

1.3. The use of the Program under this License is provided without charge. The use of the Program under any terms or by using any methods not mentioned in this License is possible only by entering into a separate agreement with the Copyright Holder under the terms set out by the Copyright Holder.

2. Rights to the Program

The Copyright Holder has the exclusive rights to the Program.

3. User Rights

3.1. Program. The Copyright Holder provides the User with the non-exclusive and non-transferable right (regular license) to use the Program for its designated intent and for that purpose it is required to copy and install the Program on the User’s personal computer(s) or server(s). The User has the right to install the Program on multiple personal computers but only for a limited number of trading accounts.

3.2. Restrictions. Apart from the cases that are stipulated by this License or applicable laws, the User has no right to carry out and/or allow the execution of the following activities in regard to the Program:

– reprogramming and modification;

– changing, decompiling, disassembling, deciphering and any other actions with the Program’s code that are intended to violate the protection system of the Program from unauthorized use and access to information about the implementation of the algorithms applied in the Program and from creating derivative products without the Copyright Holder’s written consent;

– deleting any copyright notices;

– the use of the Program that is not stipulated by this License.

4. Program’s Terms of Use

4.1. The User has the right to use the program on his/her own accounts only.

5. Liability and License Guarantee

5.1. The Program is provided ‘as is’. The Copyright Holder disclaims all warranties of any kind with regard to the Program’s operation without errors or failures and its relevance to the User’s specific goals and the market level, and disclaims any other warranty not otherwise mentioned in this License.

5.2. The Copyright Holder is not liable, to the highest extent possible which is permitted by the applicable law, for any direct or indirect consequences of any use or non-use of the Program and/or losses incurred to the User and/or any third party resulting from any use or non-use of the Program, including but not limited to possible errors or failures in the Program’s operation.

5.3. Without prejudice to any other right, the Copyright Holder has the right to terminate this License if the User does not comply with the terms of this License. In which case, the User must deinstall and destroy all copies of the Program that s/he has.