Terms of Service
Welcome to Crawlpips!
Please read these Terms carefully before using our software.
Article 1: Service Description
- Crawlpips is an automated trading software solution (Trading Bot) designed for the MetaTrader 5 (MT5) platform.
- The software operates locally on the User's personal computer or Virtual Private Server (VPS).
Article 2: Risk Management & Configuration (Important)
We provide robust risk management tools, but the User assumes full responsibility for all configuration settings.
2.1. Account Connection
You assume full control over the MT5 account credentials entered into the software.
2.2. Risk Parameters
The Bot executes trades based on your predefined limits. You acknowledge understanding of the following default and configurable settings:
- Risk per Trade: Default 1%. Modifying this increases exposure.
- Max Total Risk: Default 5% (Aggregate risk of all open positions).
- Daily/Monthly Limits: Default 5% (Day) and 10% (Month). The Bot halts trading upon breaching these thresholds.
2.3. Advanced Features
- Trailing Stop Loss: (Default: Disabled). Risk warning: Market volatility may prevent Trailing Stops from executing at exact price levels.
- Auto Take Profit: (Per trade or Total PnL). Execution efficiency depends on your network latency to the Broker Server.
Article 3: Disclaimer of Liability
- Crawlpips is a software tool, not a financial advisor. All trading decisions are made voluntarily by the User.
- We are NOT liable for financial losses resulting from:
- User misconfiguration (e.g., setting excessive Risk parameters).
- Infrastructure failures: Internet outages, power loss, or user VPS disruptions.
- Broker-side issues: Slippage, widened spreads, or order rejections on the MT5 platform.