Terms of Use & Software License Agreement
Please read these Terms of Use carefully before downloading, installing, or executing the QuantPod desktop application or accessing quantpod.io.
Authorize QuantPod: By allowing QuantPod to access your Alpaca account, you are granting QuantPod access to your account information and authorization to place transactions in your account at your direction. Alpaca does not warrant or guarantee that QuantPod will work as advertised or expected. Before authorizing, learn more about QuantPod.
QuantPod is a third-party technological software terminal and is not owned, operated, or endorsed by Alpaca Securities LLC or AlpacaDB, Inc.
1. Software Nature & Non-Custodial Architecture
QuantPod ("the Software") is a self-hosted desktop algorithmic execution and risk management software tool developed by QuantPod Technologies ("Company", "we", "us"). The Software is licensed, not sold, for installation directly on end-user hardware.
QuantPod is strictly non-custodial: the Company does not hold, manage, broker, custody, or clear customer funds, securities, or digital assets. All trades initiated through the Software execute solely via third-party brokerages (such as Alpaca Securities LLC) using credentials authorized and controlled solely by the user.
2. No Investment Advice / Technology Vendor Notice
QuantPod Technologies is a software technology vendor and impersonal software publisher. Neither QuantPod Technologies nor its developers, affiliates, or representatives are registered investment advisers (RIAs), commodity trading advisors (CTAs), broker-dealers, or financial planners under United States Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), or Commodity Futures Trading Commission (CFTC) regulations.
No content on quantpod.io or within the Software constitutes financial, tax, legal, or investment advice. Any trade signals, algorithmic calculations, VWAP calculations, momentum indicators, or preset strategies are automated mathematical models provided strictly for technological efficiency and informational purposes.
3. Financial Risk & Hypothetical Trading Disclaimers (CFTC Rule 4.41)
CFTC RULE 4.41 NOTICE:
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
Day trading in equities carries a high level of risk and may result in the loss of all invested capital. You should never trade with capital you cannot afford to lose completely.
4. User Discretion & Operational Responsibility
You agree that you are solely responsible for:
- Configuring and verifying all strategy parameters, risk thresholds, position sizes, and circuit breakers.
- Maintaining adequate hardware uptime, electricity, internet connectivity, and operating system updates.
- Verifying order execution, fills, cancellations, and account cash balances directly with your brokerage.
- Safeguarding your local device against malware, unauthorized physical access, or credential theft.
5. Licensing, Hardware Locking & Restrictions
Each commercial license purchased authorizes installation and execution on the specified number of physical machines (e.g. 1 device for Starter, 2 devices for Professional). Licenses are node-locked via machine hardware identifiers (HWID). Reverse engineering, disassembling, decompiling, circumventing licensing mechanisms, or redistributing the compiled binary without authorization is strictly prohibited.
6. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL QUANTPOD TECHNOLOGIES, ITS DEVELOPERS, OR AFFILIATES BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES, INCLUDING WITHOUT LIMITATION TRADING LOSSES, LOST PROFITS, SLIPPAGE, INTERNET OUTAGES, BROKER API REJECTIONS, SYSTEM DOWNTIME, OR HARDWARE MALFUNCTION ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE USE OF THE SOFTWARE.
IN ALL CASES, THE COMPANY'S AGGREGATE LIABILITY SHALL BE LIMITED TO THE AMOUNT ACTUALLY PAID BY YOU FOR THE SOFTWARE LICENSE DURING THE TWELVE (12) MONTHS PRECEDING THE CLAIM.
7. Contact Information
For legal inquiries, partnership communications, or support questions:
Email: support@quantpod.io // legal@quantpod.io
Website: https://quantpod.io