Legal
Terms of Service
These Terms of Service (“Terms”) constitute a legally binding agreement between you (“User,” “you,” or “your”) and Argix Labs, LLC, a Delaware limited liability company (“Argix Labs,” “Company,” “we,” “us,” or “our”), governing your access to and use of THIS PLATFORM, including our website, application programming interfaces, bot builder, backtesting engine, trading automation infrastructure, and all related services (collectively, the “Platform”).
BY CREATING AN ACCOUNT, CLICKING “I AGREE,” OR USING THE PLATFORM, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS. IF YOU DO NOT AGREE, DO NOT USE THE PLATFORM.
1. Nature of the Platform
1.1. Platform Description.Argix Labs is a software-as-a-service platform that provides tools for building, backtesting, and deploying algorithmic trading bots. The Platform provides trading automation infrastructure — not trading signals, strategies, investment advice, or asset management services.
1.2. Not a Broker-Dealer. Argix Labs is NOT a registered broker-dealer, investment adviser, commodity trading advisor, futures commission merchant, or equivalent under federal or state law. Argix Labs does not hold, transmit, or have custody of your funds at any time.
1.3. Not Investment Advice.Nothing on the Platform — including bot configurations, component presets, backtesting results, risk calculations, AI-assisted optimizations, documentation, or any other content — constitutes investment advice, trading recommendations, or a solicitation to buy or sell any financial instrument. All trading decisions are yours alone.
1.4. No Fiduciary Duty. Argix Labs does not owe you any fiduciary duty. We do not act as your agent, trustee, or adviser. The relationship between you and Argix Labs is solely that of a technology service provider and its customer.
1.5. User-Directed Trading. All bots, strategies, parameters, risk limits, and trading logic are configured by you. When the Platform submits orders to your broker on your behalf, it does so exclusively based on rules and logic you have defined. You are solely responsible for the configuration, deployment, and consequences of any bot you build or use.
1.6. Broker Integration.The Platform currently integrates with Alpaca Securities LLC (“Alpaca”) as a supported broker. Additional broker integrations may be added in the future. The Platform submits trade orders to your connected broker using API credentials you provide. You acknowledge that the Platform requires trade-execution permissions (not read-only access) to function.
2. Eligibility
- You must be at least 18 years of age (or the age of majority in your jurisdiction).
- You must have legal capacity to enter into binding contracts.
- You must not be located in a jurisdiction where use of algorithmic trading software is prohibited.
- You must have an active brokerage account with a supported broker and comply with that broker’s terms of service.
- You represent that any funds used for trading are not derived from illegal activity and that you are not subject to sanctions administered by OFAC or equivalent bodies.
3. Account Registration and Security
- You must provide accurate, complete, and current registration information.
- You are responsible for maintaining the confidentiality of your account credentials.
- You are responsible for all activity under your account, including bot executions and trades placed by the Platform on your behalf.
- You must notify us immediately of any unauthorized access to your account.
4. Broker Credentials and API Keys
4.1. Credential Submission.To use trading features, you must provide valid broker API credentials with trade-execution permissions. You acknowledge that “read-only” API keys are insufficient for the Platform’s core functionality of executing trades.
4.2. Encryption. Your broker API credentials are encrypted at rest using AES-256-GCM encryption. We implement commercially reasonable security measures to protect your credentials.
4.3. Authorization. By providing your broker API credentials, you expressly authorize Argix Labs to: (a) connect to your brokerage account; (b) retrieve account information, positions, and market data; (c) submit, modify, and cancel trade orders on your behalf, pursuant to the bot logic you have configured; and (d) perform these actions automatically and without additional confirmation for each transaction.
4.4. Credential Revocation.You may revoke the Platform’s access to your brokerage account at any time by: (a) deleting your broker connection within the Platform; (b) revoking or rotating your API keys directly through your broker; or (c) deleting your Argix Labs account. Outstanding orders already submitted to your broker may still execute.
4.5. No Custody. Argix Labs never has custody of your funds. All funds remain in your brokerage account at all times.
5. Trading Risks
YOU ACKNOWLEDGE AND ACCEPT THE FOLLOWING RISKS:
5.1. General Trading Risk. Trading in financial markets involves substantial risk of loss. You may lose some or all of your invested capital. Past performance is not indicative of future results.
5.2. Algorithmic Trading Risk. Algorithmic trading carries unique risks including: (a) rapid, automated execution of trades that may result in significant losses before human intervention is possible; (b) amplification of losses due to compounding effects of automated decision-making; (c) behavior in market conditions that differ materially from backtested scenarios.
5.3. Automation Risk. Automated bots will execute trades without human review of each individual order. A misconfigured bot, logic error, or unintended parameter setting can result in rapid, significant financial loss.
5.4. Slippage. Executed prices may differ materially from expected prices due to market movement, order size, liquidity conditions, and execution latency.
5.5. System Outages. The Platform, your broker, internet connections, exchanges, or any other system in the trading chain may experience downtime, degradation, or failure. Such outages may prevent the Platform from executing trades, closing positions, or enforcing risk limits.
5.6. Broker API Failure. Your broker’s API may experience latency, errors, rate limiting, outages, or data inconsistencies. The Platform depends on your broker’s API functioning correctly.
5.7. Market Volatility. Extreme market events may cause automated systems to behave unpredictably or fail to execute protective orders.
5.8. Delayed or Inaccurate Data. Market data may be delayed, incomplete, or inaccurate. Trading decisions made on delayed or inaccurate data can result in losses.
5.9. Model Errors. Trading strategies, technical indicators, and algorithms may contain logical errors, parameter miscalibrations, or fundamental flaws that produce losses.
5.10. Backtest Limitations. Backtesting results are based on historical data and simulated conditions. Actual trading results will differ — often materially — from backtested results due to slippage, market impact, liquidity differences, execution timing, survivorship bias, look-ahead bias, data quality issues, and changed market regimes.
5.11. Paper Trading vs. Live Trading. Paper trading results do not reflect actual market conditions. Performance in paper trading mode is not indicative of live trading performance.
5.12. Regulatory Risk. Laws and regulations governing algorithmic trading may change. You are responsible for ensuring your use of the Platform complies with all applicable laws.
6. Assumption of Risk
You expressly assume all risks associated with using the Platform, including all trading risks described in Section 5. You acknowledge that trading is inherently risky and that you may lose some or all of your capital. You agree that Argix Labs is not responsible for any trading losses you incur.
7. Disclaimer of Warranties
THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY. Argix Labs LABS EXPRESSLY DISCLAIMS ALL WARRANTIES INCLUDING IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT; ANY WARRANTY THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, OR FREE OF VIRUSES; ANY WARRANTY REGARDING THE ACCURACY, RELIABILITY, OR COMPLETENESS OF ANY DATA; ANY WARRANTY REGARDING TRADING RESULTS, PROFITABILITY, OR PERFORMANCE; ANY WARRANTY THAT THE PLATFORM WILL EXECUTE TRADES ACCURATELY, TIMELY, OR AT ALL; AND ANY WARRANTY REGARDING THE AVAILABILITY OR FUNCTIONALITY OF ANY BROKER INTEGRATION.
8. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, Argix Labs LABS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, LOSS OF DATA, TRADING LOSSES, MISSED TRADING OPPORTUNITIES, OR BUSINESS INTERRUPTION, REGARDLESS OF THE THEORY OF LIABILITY.
THE TOTAL AGGREGATE LIABILITY OF Argix Labs LABS FOR ALL CLAIMS SHALL NOT EXCEED THE GREATER OF: (A) THE AMOUNT YOU PAID TO Argix Labs LABS IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM, OR (B) ONE HUNDRED U.S. DOLLARS ($100.00).
Argix Labs shall have no liability whatsoever for any losses resulting from: (a) your trading decisions; (b) bot configurations you create or deploy; (c) broker API failures, outages, or data errors; (d) market conditions; (e) slippage; (f) system downtime; (g) third-party service failures; or (h) unauthorized access to your account resulting from your failure to secure your credentials.
9. Indemnification
You agree to indemnify, defend, and hold harmless Argix Labs, its members, managers, officers, employees, agents, licensors, and service providers from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys’ fees) arising out of or relating to: (a) your use of the Platform; (b) your trading activity, including any trades executed by bots you configured; (c) your violation of these Terms; (d) your violation of any applicable law or regulation; (e) your provision of broker API credentials to the Platform; (f) any third-party claims related to trades placed through the Platform using your account; (g) your negligence or willful misconduct.
10. Intellectual Property
The Platform, including all software, algorithms, designs, documentation, and content, is owned by Argix Labs and protected by intellectual property laws.
Subject to these Terms, we grant you a limited, non-exclusive, non-transferable, revocable license to use the Platform for your personal or internal business use.
You retain ownership of your trading strategies, bot configurations, and data. You grant Argix Labs a limited license to use such data solely to provide and improve the Platform.
11. Acceptable Use
You agree not to: (a) use the Platform for any unlawful purpose; (b) attempt to reverse-engineer, decompile, or disassemble the Platform; (c) interfere with the Platform’s operation or security; (d) use the Platform to manipulate markets; (e) circumvent rate limits or access controls; (f) share your account credentials; (g) use the Platform in any manner that violates your broker’s terms of service; (h) represent that you are affiliated with Argix Labs.
12. Termination
You may terminate your account at any time by deleting your account through the Platform settings.
We may suspend or terminate your account at any time, with or without notice, for any reason, including violation of these Terms.
Upon termination: (a) all active bots will be deactivated; (b) your broker credentials will be deleted from our systems; (c) open orders already submitted to your broker may still execute; (d) your license to use the Platform terminates immediately.
Sections 5–9, 10, 13–15, and any provisions that by their nature should survive termination, shall survive.
13. Dispute Resolution
Governing Law. These Terms shall be governed by the laws of the State of Delaware, without regard to conflict of law principles.
Mandatory Arbitration. Any dispute arising out of or relating to these Terms or the Platform shall be resolved by binding arbitration administered by JAMS in accordance with its then-current rules. The arbitration shall be conducted in Wilmington, Delaware.
CLASS ACTION WAIVER: YOU AGREE THAT ANY DISPUTE RESOLUTION PROCEEDINGS WILL BE CONDUCTED ONLY ON AN INDIVIDUAL BASIS AND NOT IN A CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION.
Either party may seek injunctive relief in a court of competent jurisdiction for violations of intellectual property rights or confidentiality obligations.
14. Modifications
We may modify these Terms at any time by posting updated Terms on the Platform. Material changes will be communicated via email or in-app notification at least 30 days before taking effect.
Your continued use of the Platform after the effective date of modified Terms constitutes acceptance.
15. Miscellaneous
- Entire Agreement. These Terms, together with the Privacy Policy, Risk Disclosure Statement, and any other policies referenced herein, constitute the entire agreement between you and Argix Labs.
- Severability. If any provision is held unenforceable, the remaining provisions shall remain in effect.
- Waiver. Failure to enforce any right shall not constitute a waiver of that right.
- Assignment. You may not assign these Terms. We may assign these Terms in connection with a merger, acquisition, or sale of assets.
- Force Majeure. Argix Labs shall not be liable for any failure or delay caused by events beyond our reasonable control.
- Contact. Questions about these Terms should be directed to: legal@argixlabs.com