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Freendia/Software License Agreement (EULA)

Software License Agreement (EULA)

Software License Agreement (EULA)
LEGAL
Freendia / library / eula
last revised · 2026-08-10 00:36:49.388652

Last updated: 2026-08-10

Software License Agreement (EULA)

This Software License Agreement ("EULA" or "Agreement") is a legally binding contract between you ("Licensee", "you", "your") and Alpha Signal Pro ("Company", "we", "us", "our"), governing your access to and use of the Alpha Signal Pro platform, website, Expert Advisor (the "EA"), API, dashboard, signals, and any related software or documentation (collectively, the "Software"). By clicking "I Accept", by creating an account, by downloading or installing the EA, or by otherwise accessing the Software, you acknowledge that you have read, understood, and agree to be bound by this EULA in full. If you do not agree, you must click "I Decline" and discontinue all use of the Software immediately.

1. Definitions

"Software" means the Alpha Signal Pro platform, web dashboard, EA client, API, AI-generated signals, market-data feeds, documentation, and any updates or modifications thereto. "Account" means your individually-licensed user account. "EA" means the MetaTrader 5 Expert Advisor distributed by the Company. "Signals" means AI-generated trading decision intelligence, including BUY / SELL / WAIT recommendations, confidence scores, risk scores, and rationale text. "Indian Client" means a Licensee residing in, operating from, or accessing the Software from within the Republic of India.

2. License Grant

Subject to your compliance with this EULA and your continued payment of all applicable subscription fees, the Company grants you a personal, non-exclusive, non-transferable, non-sublicensable, revocable, limited license to:

  • Access and use the web dashboard and API for your own personal trading and educational purposes;
  • Install the EA on MetaTrader 5 terminals bound to your license key, up to the maximum account limit defined by your subscription plan;
  • Receive and view Signals for your own personal trading decisions;
  • Connect supported broker API credentials to your Account for the purpose of routing Signals to your broker dashboard.

This license is granted to you, and to you alone. You may not redistribute, resell, sublicense, lease, lend, or otherwise transfer the Software or any Signal output to any third party. Any attempt to do so is a material breach of this EULA and will result in immediate termination of your license, without refund.

3. Forex Trading Disclaimer for Indian Clients

If you are an Indian Client, this Section 3 applies specifically to you and you must read it carefully. The Company does NOT promote, solicit, market, or facilitate retail forex trading to or for Indian Clients. Retail forex trading by residents of India on overseas margin platforms is restricted under the Foreign Exchange Management Act, 1999 ("FEMA") and regulations issued by the Reserve Bank of India ("RBI"). The Company is not registered with the RBI as an authorised dealer in foreign exchange and does not provide forex dealing services of any kind.

If an Indian Client chooses to access the forex-related features of the Software (including forex Symbols, forex broker integrations, or forex Signals), the Indian Client does so entirely at their own risk and acknowledges that:

  • Such access may be contrary to applicable Indian law, including FEMA and RBI regulations;
  • The Company has not advised, encouraged, or assisted the Indian Client in circumventing any such law;
  • The Company is NOT responsible for any legal, financial, tax, or regulatory consequence that the Indian Client may suffer as a result of using forex-related features;
  • The Indian Client is solely responsible for obtaining independent legal and tax advice regarding the permissibility of forex trading in their specific circumstances before accessing any forex feature;
  • The Company shall not be liable for any losses, fines, penalties, or enforcement actions arising out of or relating to the Indian Client's use of forex-related features.

For the avoidance of doubt, this Section 3 does not restrict the Company's ability to provide Signals and decision intelligence relating to Indian capital markets (NSE / BSE / MCX cash, futures, and options), which is the Company's primary service offering for Indian Clients.

4. Educational Product — Not SEBI / RBI Registered

The Company is an educational and analytical product provider. The Company is not registered with the Securities and Exchange Board of India ("SEBI") as an investment adviser, research analyst, portfolio manager, or any other regulated intermediary. The Company is not registered with the Reserve Bank of India ("RBI") as a currency dealer, authorised dealer, or payment system provider. The Company is not a broker, exchange, clearing corporation, or depository participant.

All Signals, recommendations, scores, dashboards, and output generated by the Software constitute decision-support inputs for educational and analytical purposes only. They are not investment advice, research reports, portfolio management services, or solicitation to buy or sell any security, derivative, or currency. The final decision to act, or not act, on any Signal is yours and yours alone.

5. No Guarantee of Profit or Performance

Trading in financial markets — including forex, equities, futures, options, commodities, and cryptocurrencies — involves substantial risk of loss. Past performance, simulated performance, back-tested results, counterfactual analyses, and Signal accuracy statistics presented by the Software are not indicative of future results. The Company makes no representation or warranty, express or implied, that:

  • You will profit from using the Software;
  • Any Signal will be accurate, timely, or profitable;
  • The Software will be free of errors, interruptions, or delays;
  • Any particular market outcome will occur.

You acknowledge that you may lose some or all of your trading capital as a result of acting on Signals or using the Software, and that the Company shall have no liability whatsoever for any such losses.

6. Trader Responsibility

You are solely and exclusively responsible for:

  • All trading decisions made by you, including the decision to act, or not act, on any Signal;
  • The size, structure, and risk profile of every position you open;
  • Maintaining adequate capital and margin in your broker account;
  • Complying with all applicable laws, regulations, and broker rules in your jurisdiction, including but not limited to FEMA, SEBI regulations, RBI regulations, the Income Tax Act, and anti-money-laundering laws;
  • The security of your broker credentials, API keys, and Account password;
  • Reporting and paying any taxes due on your trading activity.

The Company does not custody your funds, does not execute trades on your behalf (except where you have explicitly enabled auto-trade per broker in accordance with Section 7 below), and does not provide tax, legal, or accounting advice.

7. Auto-Trading Disclosure

The Software includes an optional "auto-trade" feature that, when explicitly enabled by you on a per-broker basis, permits the Company's AI agents to place real orders on your broker account through your broker's API. Auto-trade is OFF by default and must be turned on explicitly by you for each broker. When auto-trade is enabled:

  • The Software will place orders on your behalf based on AI Signals;
  • You remain solely responsible for all positions, losses, fees, and consequences of those orders;
  • The Company is not liable for any execution error, slippage, rejected order, partial fill, or broker-side failure;
  • You should monitor your account actively and may disable auto-trade at any time from the dashboard settings.

You acknowledge that auto-trading carries materially higher risk than manual trading and that you have read and understood this disclosure before enabling it.

8. Data Privacy and Personal Information

The Company collects and processes certain personal information about you, including your email address, WhatsApp number, country code, broker credentials (stored obfuscated), trading preferences, IP address, and device fingerprint. Your use of the Software is also governed by our Privacy Policy, which is incorporated herein by reference. The Company will:

  • Use your personal information only for the purpose of providing and improving the Software;
  • Never sell your personal information to third parties;
  • Take reasonable technical and organisational measures to protect your data from unauthorised access, disclosure, or loss;
  • Retain your data only for as long as necessary to provide the Software and comply with legal obligations.

9. Device Identification and Acceptance Record

When you accept this EULA, the Company records the following information to maintain a legally-defensible acceptance record:

  • The timestamp of acceptance (UTC);
  • The IP address from which you accepted;
  • A device fingerprint derived from your browser's user agent, language, screen resolution, platform, and time zone.

This information is stored on your user account and may be used by the Company to verify your acceptance of this EULA in the event of a dispute. The device fingerprint is a one-way hash and does not uniquely identify your physical device, but it is sufficient to demonstrate that the acceptance originated from your web browser session.

10. Limitation of Liability

To the maximum extent permitted by applicable law, in no event shall the Company, its founders, directors, officers, employees, contractors, affiliates, or suppliers be liable to you or any third party for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, trading capital, data, business, goodwill, or other intangible losses, arising out of or relating to:

  • Your use of, or inability to use, the Software;
  • Any Signal, recommendation, or output generated by the Software;
  • Any trade executed, whether manually or via auto-trade;
  • Any unauthorised access to your Account or broker credentials;
  • Any downtime, error, bug, or interruption in the Software or any third-party broker API, market-data feed, or exchange;
  • Any breach of this EULA by you.

The total aggregate liability of the Company for any and all claims arising out of or relating to this EULA or the Software shall not exceed the total subscription fees paid by you to the Company in the three (3) months immediately preceding the event giving rise to the claim. This limitation applies even if the Company has been advised of the possibility of such damages.

11. Indemnification

You agree to indemnify, defend, and hold harmless the Company, its founders, directors, officers, employees, contractors, and affiliates from and against any and all claims, demands, suits, actions, proceedings, losses, damages, liabilities, costs, and expenses (including reasonable legal fees) arising out of or relating to:

  • Your breach of this EULA;
  • Your misuse of the Software;
  • Any trade you execute, whether manually or via auto-trade;
  • Your violation of any applicable law, regulation, or third-party right;
  • Any inaccurate or misleading information you provided to the Company.

12. Intellectual Property

The Software, including all source code, object code, AI models, indicators, scoring rules, strategy logic, dashboards, design assets, documentation, the EA, trademarks, trade names, logos, and all derivatives thereof, are and remain the exclusive property of the Company. You receive no rights to any of the foregoing except the limited license expressly granted in Section 2. You may not reverse engineer, decompile, disassemble, or otherwise attempt to derive the source code, strategy logic, or AI prompts of the Software. All Signal output is licensed to you for your personal use only and may not be redistributed, published, or commercialised.

13. Account Termination

The Company may suspend or terminate your Account and license immediately and without prior notice if you breach this EULA, abuse the Software, engage in fraudulent or unlawful activity, fail to pay subscription fees when due, or attempt to circumvent any technical protection measure. You may cancel your subscription at any time by disabling auto-renewal. Upon termination, all outstanding fees become immediately due, and your right to access the Software ceases. Sections 4, 5, 6, 10, 11, 12, 14, 15, and 16 shall survive termination.

14. Disclaimer of Warranties

The Software is provided "as is" and "as available" without warranties of any kind, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, non-infringement, accuracy, reliability, or availability. The Company does not warrant that the Software will be uninterrupted, error-free, secure, or virus-free, or that any Signal will be accurate, timely, or profitable. You assume the entire risk of using the Software.

15. Governing Law and Jurisdiction

This EULA shall be governed by and construed in accordance with the laws of the Republic of India, without regard to its conflict-of-laws principles. The parties irrevocably submit to the exclusive jurisdiction of the competent courts at Maharashtra, India, for the resolution of any dispute arising out of or relating to this EULA or the Software. You waive any objection to venue in such courts and any claim that such courts are an inconvenient forum.

16. Amendments and Entire Agreement

The Company reserves the right to amend this EULA at any time by posting an updated version on this page. The "Last updated" date at the top of this EULA will be revised accordingly. Your continued use of the Software after the effective date of any amendment constitutes your acceptance of the amended EULA. If you do not agree to the amended EULA, you must discontinue use of the Software immediately. This EULA, together with the Terms & Conditions, Privacy Policy, Risk Disclosure, and Refund Policy referenced herein, constitutes the entire agreement between you and the Company with respect to the Software and supersedes all prior or contemporaneous understandings, communications, and agreements, whether written or oral.

If you have any questions about this EULA, please contact the Company through the in-app contact form or at the support email address published on the dashboard.