Advertising disclosure: Elqorvane is a software vendor and marketing affiliate. We receive rebates and referral fees from partner brokers. How we make money.
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Home / Terms of Use

Terms of Use

[LEGAL REVIEW REQUIRED]

These terms cover your use of this website and the Elqorvane service. Please read them with the Risk Disclosure.

1. Who we are

The website and software are provided by Quantum Software Technologies Ltd, trading as Elqorvane, company number 14209581, 128 City Road, London, EC1V 2NX, United Kingdom ("we", "Elqorvane"). We are a software and technology provider. We are not a broker, dealer, bank or registered financial advisory firm, and we do not hold, custody or manage client money.

2. What the service is

Elqorvane is rule-based trading software. You choose markets, position size (1% to 5% of account value per trade), and stop-loss and take-profit levels. The software places orders inside those rules through an executing broker. It does not use quantum computing, and it does not predict prices. We do not provide investment, tax or legal advice.

3. The executing broker

Trading, custody of money and clearing are provided only by the executing broker for your country, under its licence and its own terms. Your agreement for trading is with that broker, not with us. We are not a party to your trades and are not responsible for the broker's acts or omissions. The broker, its regulator and licence number are shown on the Registration page.

Where your money sitsYou deposit with a licensed broker, which holds the money and executes orders in the markets. Elqorvane software sends your rules to the broker as orders and holds no client money. Youyour own moneyyour rules Licensed brokerholds client moneyexecutes and clearssets the spread Marketsforex, indices,commodities depositorders Elqorvanesoftware, holds no client money sends your rules as orders
Your trading agreement is with the broker. Elqorvane is software and holds no client money.

4. Eligibility

You must be at least 18, and able to enter a binding contract. The service is not available to residents of the United States, Germany, Russia or Israel, or anywhere that its use would be unlawful. We may switch off registration for any country at any time. You must give accurate information and keep your login private. Only use the official domains listed in our footer.

5. Costs

The software licence, registration and deposit handling by us cost £0 / $0. You pay trading costs to your broker, including spreads, and any fees your bank or broker charges. The minimum deposit is $250 AUD · £250 GBP · €250 EUR · $250 CAD · $250 NZD · $250 SGD. Elqorvane receives rebates and referral fees from brokers, as explained on the About page.

6. Withdrawals

We apply no lock-up, holdback or withdrawal fee. The broker reviews requests within 24 business hours; funds usually clear in 1 to 3 business days. The broker's terms govern withdrawals.

7. Your responsibilities

  • You decide your rules and are responsible for them.
  • You monitor your account, and press Halt Execution if you want to stop new orders.
  • You do not misuse the site, scrape it, attack it, or use it to mislead others.
  • You do not promote Elqorvane using celebrity endorsements, fake news or promises of fixed results.

Accuracy of information

We take care that this site is accurate, but regulations, broker terms and market conditions change. Information about brokers comes from the brokers' own published documents, and their documents prevail if there is a difference. Nothing on this site is an offer or a recommendation to buy or sell any financial product, and nothing here takes account of your personal circumstances.

Links to other websites

We link to registers, regulators and broker documents so you can check things yourself. Those sites are not ours, and we are not responsible for their content or availability. A link is not an endorsement.

8. Availability and changes

We aim to keep the service running but do not promise it will be uninterrupted or error-free. We may update, suspend or withdraw features, for example for maintenance, security or legal reasons. We may change these terms, and will post the new version here with its effective date. Continuing to use the service after a change means you accept it, but you may stop at any time.

We communicate with you by email at the address you gave us, so please keep it up to date and check it, including your spam folder.

9. Intellectual property

The software, site, design and the Elqorvane name belong to us or our licensors. You get a personal, non-transferable licence to use the service as these terms allow.

10. Our liability

Trading can lose money. We are not liable for trading losses, for market movements, for a broker's acts, or for losses we could not reasonably foresee. Nothing in these terms limits liability that cannot be limited by law, including for fraud, for death or personal injury caused by negligence, or your statutory consumer rights.

11. Ending the relationship

You may stop using the service at any time and can withdraw your balance from your broker. We may suspend or end your access if you break these terms or the law, or if a broker or regulator requires it.

12. Complaints

Email [email protected]. We acknowledge formally within 48 business hours. Trading or account complaints may also need to go to your broker and, where applicable, its ombudsman or dispute scheme.

13. Governing law

These terms are governed by the law of England and Wales, and the courts of England and Wales have jurisdiction, without removing any mandatory consumer rights you have in your own country.

14. Contact

[email protected] · 24/5 Trading Desk Support, Monday 00:00 UTC to Friday 24:00 UTC

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