Terms & Conditions
Automated Trading Service Agreement & Comprehensive Risk Disclosure
1. Automated Trading Service
PipSo provides a technology-based automated trading service that allows eligible users to connect their compatible MetaTrader 5 (MT5) trading account with the PipSo platform. Once the connection and required authorization have been successfully completed, the PipSo system may analyze market conditions and, based on its programmed trading logic and applicable system parameters, automatically place, modify, manage, and close trades on the user's connected MT5 trading account.
By connecting an MT5 account to PipSo, the user expressly acknowledges and understands that trading activity may occur automatically without requiring the user to manually approve each individual trade.
2. No Guarantee of Profit
PipSo does not guarantee, promise, represent, or warrant any specific profit, return, income, percentage gain, trading result, or level of performance.
Past performance, historical results, simulated results, examples, statistics, or any performance information displayed on the PipSo website or dashboard should not be interpreted as a guarantee or indication of future results.
Financial markets are inherently unpredictable and trading results can vary significantly from one account to another. A user may experience profits, losses, or periods of both profit and loss.
3. Risk of Loss
Trading foreign exchange and other leveraged financial instruments involves a substantial level of risk and may result in the partial or total loss of the funds available in a trading account.
The user understands and accepts that automated trading can result in losing trades and that adverse market conditions may cause losses to occur rapidly. In extreme market conditions, insufficient account equity or margin may result in positions being automatically closed by the broker and may potentially result in a substantial or total loss of the trading account balance.
4. No Responsibility for Trading Losses
To the maximum extent permitted by applicable law, PipSo shall not be responsible or liable for losses arising from market movements, trading decisions generated or executed by the automated system, broker actions, insufficient margin, liquidation, stop-outs, slippage, spreads, commissions, swaps, execution delays, rejected orders, requotes, liquidity conditions, market gaps, technical failures, connectivity problems, server interruptions, MT5 outages, broker outages, or other circumstances beyond PipSo's reasonable control.
The user acknowledges that PipSo is a technology and automated trading service and that the user remains responsible for understanding and accepting the risks associated with allowing automated trading activity on the connected account.
5. Account Performance and Account Loss
There is no assurance that a user's account will remain profitable or that the account balance will increase. Under unfavorable market conditions, significant losses may occur. In extreme circumstances, a trading account may suffer a substantial reduction in equity or may potentially be depleted through trading losses and/or broker-related liquidation.
PipSo does not guarantee that a user's account will be protected from losses, liquidation, margin calls, stop-outs, or other adverse trading outcomes.
6. Market Conditions
Automated trading systems operate within programmed parameters and may be affected by market conditions that cannot be predicted or controlled.
Unexpected economic announcements, geopolitical events, extreme volatility, market gaps, low liquidity, abnormal spreads, execution delays, changes in broker conditions, or other extraordinary events may materially affect trading performance. PipSo does not guarantee that the automated system will perform in the same manner under all market conditions.
7. MT5 Account and Broker Relationship
The user's MT5 account remains subject to the terms, conditions, policies, fees, execution practices, and requirements of the user's selected broker.
PipSo does not control the user's broker, trading server, liquidity providers, spreads, commissions, execution speed, margin requirements, or other broker-specific conditions. The user is responsible for maintaining an active and properly configured MT5 account with a supported broker and for ensuring that the account contains sufficient available margin.
8. Authorization to Execute Trades
By connecting an MT5 account and activating the PipSo service, the user authorizes the PipSo system, subject to the applicable service configuration, to perform automated trading-related actions on the connected account without requesting confirmation prior to each order.
9. Technical and Service Interruptions
PipSo aims to maintain reliable service availability but does not guarantee uninterrupted, error-free, or continuous operation. PipSo shall not be responsible for losses caused solely by circumstances outside its reasonable control, to the maximum extent permitted by applicable law.
10. User Responsibility
The user is solely responsible for deciding whether automated trading is appropriate for their financial circumstances, risk tolerance, objectives, and trading account.
11. No Financial Guarantee
Nothing on the PipSo website, dashboard, promotional material, or within the service should be interpreted as a promise of guaranteed income, guaranteed profit, risk-free trading, or guaranteed preservation of capital.
12. Acceptance of Risk
By subscribing to or activating the PipSo service, the user confirms that they have read, understood, and accepted the risks associated with automated trading and that they voluntarily choose to connect their MT5 account to the service.
13. Limitation of Liability
To the maximum extent permitted by applicable law, PipSo, its owners, directors, employees, affiliates, service providers, technology providers, and contractors shall not be liable for indirect, incidental, consequential, special, or trading-related losses arising from or connected with the user's use of the automated trading service.
14. Important Acknowledgment
The user understands that:
- Automated trading involves financial risk.
- Profits are not guaranteed.
- Losses can occur at any time.
- Past performance does not guarantee future results.
- An account may experience substantial losses.
- In extreme circumstances, the account may potentially lose most or all of its trading capital.
- MT5 and broker execution conditions can affect trading results.
- PipSo does not guarantee any specific trading outcome.
By activating the service, the user confirms that they understand and accept these risks.