Terms & Conditions
Welcome to Shoonya Trader with Algo. These Terms and Conditions ("Terms") govern your use of the Shoonya Trader with Algo software and its associated services (collectively, the "Service"). By accessing or using the Service, you agree to be bound by these Terms.
1. License Grant
Upon successful payment and activation, we grant you a non-exclusive, non-transferable, revocable license to use Shoonya Trader with Algo software for your personal, non-commercial algo trading activities on the Finvasia Shoonya platform. This license is tied to your provided Shoonya User ID.
2. Disclaimer of Warranty
THE SERVICE IS PROVIDED "AS IS," WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. YOU USE THE SERVICE AT YOUR OWN SOLE RISK.
3. Historical Data Disclaimer
A. Educational & Research Purposes Only: All historical market data files, archives, and expired options datasets, whether linked, downloaded, or viewed via Shoonya Trader with Algo, are provided strictly for informational, educational, academic, and algorithmic backtesting purposes only. Nothing contained in the datasets or on this website constitutes financial advice, investment advisory, research analysis, or a recommendation to buy or sell securities.
B. Data Quality & Zero Guarantee: We do not guarantee the completeness, chronological continuity, accuracy, or tick-level precision of any dataset. Financial market data may contain occasional gaps, timing variations, or pricing anomalies. Users are solely responsible for verifying and auditing data before running backtests.
C. Provision "AS-IS" with Zero Warranty: All datasets and software tools are provided strictly on an "AS-IS" and "AS-AVAILABLE" basis without warranties of any kind, whether express, implied, statutory, or otherwise. We expressly disclaim any warranty of fitness for a particular backtesting model, quantitative strategy, or commercial trading setup.
D. Exclusion of Liability for Financial & Trading Losses: In no event shall Shoonya Trader with Algo, its authors, developers, or operators be held liable for any direct, indirect, incidental, punitive, or consequential financial damages, trading losses, drawdowns, loss of capital, software bugs, or misinterpretations arising from the use of, reliance on, or inability to use the datasets.
E. Technology Provider & SEBI Non-Registration: We are strictly an algorithmic technology provider and are not registered with the Securities and Exchange Board of India (SEBI) as an Investment Advisor, Research Analyst, Portfolio Manager, or Broker. Users are solely responsible for conducting independent verification and consulting SEBI-registered financial advisors before executing capital in live markets.
4. Limitation of Liability
IN NO EVENT SHALL SHOONYA TRADER WITH ALGO OR ITS OPERATORS BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF PROFITS, DATA, OR BUSINESS INTERRUPTION) ARISING OUT OF THE USE OR INABILITY TO USE THE SERVICE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. TRADING IN FINANCIAL MARKETS INVOLVES SUBSTANTIAL RISK, AND YOU ARE SOLELY RESPONSIBLE FOR ALL TRADING DECISIONS AND RESULTS.
5. Prohibited Uses
You agree not to:
- Modify, adapt, translate, or reverse engineer any portion of the software.
- Redistribute, sell, rent, lease, or sublicense the software.
- Use the software for any unlawful purpose.
6. Governing Law
These Terms shall be governed and construed in accordance with the laws of Cooch Behar Jurisdiction, India, without regard to its conflict of law provisions.
7. Changes to Terms
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms.
8. Contact Us
If you have any questions about these Terms, please contact us via WhatsApp.