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MyAlg.

Draft

Terms of service

An outline of what these terms will have to cover. They are not in force.

Status of this document

Draft — not reviewed, not in force

This page is an engineering placeholder. It has not been drafted or reviewed by a qualified lawyer, it has not been agreed by anybody, and it creates no rights or obligations for you or for us. Do not rely on it.

It exists so that the questions a real agreement must answer are visible and are not discovered late. Every section below is a note about what will need to be written, not the thing itself.

Facts that are already true

These are statements about how the product works today, not legal terms.

  • Access is by invitation only, and an invitation can be withdrawn.
  • MyAlg is software. It is not a broker, it does not hold your money, and it does not execute trades on an exchange. Any order reaches a market through your own broker account, under your own agreement with that broker.
  • Nothing the product produces — a signal, a backtest, a projection — is investment advice or a recommendation to trade.
  • The product is in private beta. It is incomplete, and parts of it described elsewhere on this site are not built.

What a real agreement will have to cover

  1. Who the agreement is with. The legal entity, where it is registered, and which country's law governs the agreement and settles a dispute. None of that is decided.
  2. Eligibility and accounts. Who may be invited, what an account holder is responsible for, and what happens to an account that is shared or transferred.
  3. Acceptable use. What the platform may not be used for, including use on behalf of somebody else's money without the authorisation that would require.
  4. Trading risk, stated properly. That losses can exceed deposits in leveraged products, that automation does not remove risk, and that past results — including a backtest run inside this product — do not indicate future results.
  5. What is not warranted. Software availability, the accuracy and timeliness of market data obtained from third parties, and the behaviour of a broker's own systems.
  6. Liability. What we are and are not responsible for, expressed within whatever the governing law permits. This is the section most in need of a lawyer and the one most often copied carelessly.
  7. Fees. What is charged, when, how it changes, and what notice a change requires. Nothing is charged today; see pricing.
  8. Suspension and termination. When access can be withdrawn, with what notice, and what happens to your strategies and records afterwards.
  9. Your data. Cross-referenced to a privacy policy that is also a draft.
  10. Changes to the terms. How a change is notified and from when it applies.

Regulatory position

Software that helps a person place orders in a regulated market sits near rules about research, advice, automated trading and the handling of client assets, and those rules differ by country and by what the product actually does.

MyAlg makes no claim to any licence, registration or regulatory status. What applies here has not been determined, and determining it is a prerequisite for charging anybody or opening access beyond a private beta.

Last touched 12 September 2026. This document has no effect until it is replaced by a reviewed agreement.