Terms and conditions
Effective as of 20 November, 2020
The service through the website https://cotbase.com (“Website”) is offered to the visitor (“Visitor”) by TBase Adatfeldolgozó Korlátolt Felelősségű Társaság (seat: 1125 Budapest, Istenhegyi lejtő 8.; company registration number: 01-09-998159; tax number: 24256391-2-43) conditional upon acceptance of these terms and conditions which acceptance is provided by the Visitor by accessing and using this Website.
The guidance and information on the Website are only provided for guidance and information purposes and are not intended for the purposes of investment, tax, or legal advice and are without regard to any particular Visitor’s investment objectives, financial situation and needs. The Visitor uses all guidance and information available on the Website at his/her/its own risk. All guidance and information must be independently verified and confirmed by the Visitor.
The Visitor decides at his/her/its own discretion on any investment, i.e. whether he/she/it invests into any product or whether he/she/it refrains from investing into a product, whether he/she/it undertakes any risk or liability, whether he/she/it purchases or sells any product or executes or refrains from executing any agreement relating to a product. The process of taking a decision or the content of the decision is beyond the service provided through the Website.
The operator of the Website draws the attention of the Visitor to the following: forex, futures, stocks and options trading has large potential risk. The Visitor must be aware of the risks and be willing to accept them to invest into them. The operator of the Website advises the Visitor not to rely on a single source as the basis for taking investment decisions as futures and options can be extremely risky and volatile but to perform complete and thorough research and analysis from multiple sources and always consult a professional.Service
The guidance and information on the Website contains the collection of relevant facts and data from the sources determined at the own discretion of the operator of the Website without undertaking any obligation or liability for the accuracy or completeness of such facts and data. The operator of the Website undertakes to take all reasonable measures for the accuracy of the guidance and information.
The operator of the Website may change the collection of relevant facts and data, the content of the guidance and information provided on the Website at any time without prior notice to the Visitor.
Undertaking of risks in connection with investment, any decision in relation therewith, the analysis of financial information or the use of financial information requires specific professional knowledge, the Website does not provide any such services to consumers. Consumers are not excluded from the use of the Website, however, consumers may only use the Website for informational purposes.
The operator of the Website does not provide any investment analysis, any investment advice or investment recommendation and does not provide investment service, supplementary investment service or any service in connection therewith. no guidence, information or data may be understood or seen as any service mentioned in the previous sentence.
The operator of the Website does not provide any recommendation, advice or guidance for investment or any other service for the preparation of any decision or the execution of any decision. This service is neither a solicitation nor an offer to purchase or sell any instruments.
One license of COTBase iCOT Indicator entitles you to use the software on 2 machines in case of Ninjatrader 8 and cTrader versions, and under one username in case of TradingView. You can switch between versions if you send us an email request.Service Fee
The Visitor must pay a service fee for accessing and using the Website. The service fee is published on the Website under “Pricing”.
The operator of the Website uses an automatic recurring payment system, i.e. the Visitor is automatically re-billed in accordance with the agreed service period.
The Visitor undertakes to pay the service fee to the operator of the Website through PayPal.
The Visitor undertakes not to claim any refund of the service fee for the time of temporary inability of the operator of the Website to prepare the guidance and information due to the non-publishing of public report that serve as basis for the guidance and information.Suspension of the Service
The operator of the Website suspends the service provided to the Visitor, if the Visitor does not settle the service fee before the payment deadline.
The operator of the Website is entitled to suspend the service at its own discretion if the data provided by the Visitor during the registration procedure are incorrect or incomplete or the Visitor does not inform the operator of the Website about any data relevant for the invoicing/payment of the service fee or provision of the service.Termination of the Service
The service may be terminated by the Visitor by sending an email on the cancellation of the service to email@example.com having a notice period of 2 (two) days or by cancelling the payment in the PayPal account of the Visitor. We only accept emails written in English!
If the Visitor for any reason decides to cancel the subscription right after subscribing to the service, within 5 days from the time of purchase Visitor is eligible for a 70% refund of the subscription fee. After 5 days from the time of purchase Visitor is not eligible for any refund.
If the Visitor for any reason decides that he or she does not want the product purchased and wants a refund, within 5 days from the time of purchase Visitor is eligible for a 70% refund of the product price. After 5 days from the time of purchase Visitor is not eligible for any refund.
If the Visitor cancels within 5 days after a recurring payment for the Service is billed, a 30% cancellation fee applies (Visitor is eligible for a refund of the 70% of the last billed amount).Liability
The Visitor is liable for any loss or damage suffered due to the use and/or application of the guidance and information available on the Website for taking an investment decision, undertaking any risk or executing any agreement relating to investment.
The Visitor undertakes to hold the operator of the Website harmless from any damage, cost, expenses, financial obligations resulting from claims of third parties directly or indirectly against the operator of the Website arising from the use and/or application of the guidance and information available on the Website by the Visitor.Exemption from Liability
The operator of the Website is not liable for any direct or indirect loss or damage of the Visitor or any third party resulting from the decision of the Visitor on any investment based on the guidance and information available on the Website or due to or in connection with the use of the guidance or information available on the Website for any decision relating to investment, i.e. whether he/she invests into any product or whether he/she refrains from investing into a product, whether he/she undertakes any risk or liability, whether he/she purchases or sells any product or executes or refrains from executing any agreement relating to a product.
The operator of this Website is not liable for any direct or indirect loss or damage of the Visitor or any third party resulting from the following: any failure of accessing the Website, failure to provide the guidance and information on the Website at the time expected by the Visitor, any further error on the Website, interruption of the operation of the Website, any deletion of guidance or information, any defect, delay in operation of the Website or transmission, computer virus, communication line failure, unauthorized access to the Website.
The operator of the Website is not liable for any direct or indirect loss or damage of the Visitor or any third party resulting from the fact that public reports that serve as source of the facts and data for the preparation of the guidance and information are not published temporarily or any more.
The operator of the Website is not liable for the market predictive powers, accuracy, suitability or profitability of any of the guidance or information provided on the Website.Visitor's data
The Visitor is liable for all his/her/its data provided during the registration for the service.
The Visitor is liable to inform the operator of the Website about any change of the data provided during the registration procedure at firstname.lastname@example.org within 10 (ten) days from the change of the respective data but not later than 5 (five) days before the upcoming payment is due.Protection of the Content of the Website
It is forbidden to distribute or share the content of the Website for commercial or non-commercial purposes or to copy the content of the Website on the Visitor’s own or someone else’s server.
Please contact the operator of the Website for inquires relating to the distribution or sharing of the data for commercial purposes at email@example.com.Governing Law, Jurisdiction
The laws of Hungary are governing for these terms and conditions and the service provided by the operator of the Website.
The Hungarian courts have jurisdiction for any legal disputes arising from or in connection with the terms and conditions and the service provided by the operator of the Website.Amendment of the Terms and Conditions
The operator of the Website may amend the content of these terms and conditions at its own discretion.
The amended terms and conditions become effective 8 (eight) days as of the publication of the terms and conditions on the Website for all the services provided through the Website.Risk Disclosure:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.