Terms of Use

Terms of Use

Last Updated: January 1, 2026

1. Introduction and Authority

1.1 Access to Service These Terms of Use ("Terms") govern the access to and use of the algorithmic technology, signal provision, and trade replication services provided by Questrategy ("the Service").

1.2 Corporate Authority and Legal Capacity The User (whether a corporate entity, partnership, or individual) hereby represents and warrants that it has the full legal power, authority, and all necessary corporate authorizations to enter into and perform its obligations under these Terms. The individual accepting these Terms on behalf of the User is duly authorized to bind the User to this legally binding agreement. The User and its authorized representative possess the legal capacity to enter into binding contracts under the laws of their respective jurisdiction.

1.3 Acceptance and Sophisticated Party Representation By accessing or using the Service, the User acknowledges that it has read, understood, and agreed to be bound by these Terms. The User represents that it is a Sophisticated Professional Entity, possessing the expertise and knowledge necessary to evaluate the risks and merits of algorithmic trading, and has had the opportunity to seek independent legal and financial advice before entering into this agreement.

2. Service Description and Implementation

2.1 Service Overview Questrategy provides cloud-based or server-based algorithmic technology services that allow the User to replicate trading strategies into designated trading accounts or integrated technology environments ("the Service"). Questrategy is a technology provider offering non-discretionary trade replication tools.

2.2 Non-Custodial Service Questrategy is solely a technology provider and does not hold, manage, or have custody of User funds or assets. Your trading capital remains exclusively in your personal account with the third-party broker or exchange you have chosen.

2.3 No Brokerage or Advisory Services Questrategy does not act as a broker, exchange, bank, or investment advisor and does not provide personal investment advice. The decision to utilize the Service and replicate trades is the User’s sole and absolute responsibility.

2.4 User Parameters and Technical Support The specific risk parameters, assets, and allocation settings (the "User Parameters") are defined exclusively by the User and provided to Questrategy in writing (including via email). Questrategy shall implement these parameters strictly as instructed. Any technical assistance provided by Questrategy in configuring the Service shall be deemed administrative and technical support only, and shall not be construed as investment advice or discretionary management.

2.5 Access and Account Security The functionality of the Service is entirely dependent on the provision of valid and functioning access details (including but not limited to API keys, usernames, and passwords) from the User's chosen broker. The User is solely responsible for managing the security and permissions of these access details. Questrategy accepts no liability for any unauthorized use of access details or any loss resulting from the User’s failure to secure them.

2.6 User's Execution Sovereignty (Critical) To ensure regulatory compliance and the non-discretionary nature of the Service, the Execution Terminal must operate on a dedicated Virtual Private Server (VPS) or separate computing infrastructure. Regardless of whether the VPS is procured by the User or provided by Questrategy as a Hosting Service, the User maintains exclusive physical and legal sovereignty over the execution layer, whether implemented via a VPS, local terminal, or API integration. This ensures absolute separation of control. The User's failure to maintain such a dedicated environment constitutes a fundamental breach of these Terms.

2.7 Software Tools Only and No Suitability Assessment The algorithms provided by Questrategy are solely software tools and do not constitute a fiduciary duty or agency relationship. The User expressly acknowledges that the algorithms are not designed, programmed, or intended to assess the User’s personal financial situation, investment objectives, or the suitability of the strategies for the User or its end-clients.

3. Operational Independence and Allocation of Control

3.1 Scope of Services and Infrastructure A. Provision of Proprietary Technology: Questrategy provides the User with a license to utilize proprietary software and algorithmic signals. B. Managed Infrastructure: Depending on the specific service tier, Questrategy may provide the User with dedicated hosting and infrastructure services (e.g., VPS or VM) for the Execution Terminal. C. No Discretionary Management: It is expressly clarified that Questrategy does not engage in portfolio management or investment advisory services. The Service, including any hosting provided, is strictly a technical input designed to facilitate the execution of the User’s independent trading mandates.

3.2 User’s Exclusive Operational Sovereignty The User represents and warrants that it retains full, exclusive, and non-delegable sovereignty over the execution layer. The User’s exclusive domain includes: Operational Control: The deployment, configuration, API management, and ongoing maintenance of the trading software on the Trading Platform. Execution Mandate: The final authority over all execution parameters (including slippage tolerances and internal risk overrides). Unilateral Disconnection: The absolute and immediate right to revoke API access or terminate the Service’s operation at its sole discretion.

3.3 Strategic Governance and Risk Oversight (Tax and Regulatory Residency) The User affirms that all strategic governance, including capital allocation, the determination of risk management policies, exposure limits, and loss thresholds (Hard Stops), is conducted and documented exclusively by the User’s management or governing board outside of the State of Israel. Questrategy’s algorithmic signals are strictly technical inputs that are subordinate to and constrained by these foreign-based parameters. The User shall maintain contemporaneous records and documentation, verifiable by audit, confirming that all core management decisions are made within its foreign jurisdiction to ensure compliance with international tax and regulatory standards.

4. Financial Terms and Licensing Fees

4.1 Performance-Linked Licensing Fees: In consideration for the license to utilize Questrategy’s proprietary technology and ongoing R&D support, the User shall pay licensing and maintenance fees ("Licensing Fees") as set forth in the applicable Service Order. These fees are calculated based on the Net Economic Utility and the specific calculation methodology defined in the Service Order during the relevant billing period.

4.2 Nature of Compensation (Arm’s Length): The User expressly acknowledges that the Licensing Fees represent arm’s length compensation for the specialized software license and technological maintenance provided. The fee structure serves as a valuation metric for the software’s utility and performance, and does not constitute investment advice, asset management, or a profit-sharing arrangement.

4.3 Risk and Residual Return: As the User assumes 100% of the capital risk, it shall retain the full economic residual of its trading activities. The Licensing Fee is a fixed-rate obligation based on software performance metrics and is not an equity-based participation in the User’s investment results. This distinction is fundamental to maintaining Questrategy’s status as a pure technology provider and avoiding the creation of an Israeli-controlled permanent establishment for the User.

5. Signal Generation and Execution Dependencies

5.1 Nature of Signal Execution The Service operates by generating algorithmic signals based on the User Parameters. The User acknowledges that Questrategy’s role is limited to the generation and transmission of these signals. The actual execution is performed by third-party execution venues (the "Brokers" or "Exchanges") or the User’s own infrastructure, and is subject to their respective terms and technical limitations.

5.2 Operational Risks and Execution Variances Questrategy does not warrant or guarantee that every signal will result in a completed trade. The User expressly assumes the risks associated with: Infrastructure Failures: Technical malfunctions, API outages, or errors originating from third-party brokers, exchanges, or VPS hosting providers. Market Dynamics: Slippage, order rejection, partial fills, or lack of liquidity. Latency and Connectivity: Delays in signal transmission or processing (Latency) caused by internet connectivity or API rate limits.

5.3 Disclaimer of Execution Liability Questrategy shall not be held liable for any direct or indirect financial loss resulting from the failure, error, or delay of trade execution by third-party platforms. The User acknowledges that such occurrences are inherent to algorithmic trading.

6. Absence of Investment Advice and Fiduciary Relationship

6.1 No Financial Advisory Services The Service, including all algorithmic signals and technical documentation, is provided strictly as a technological tool. Questrategy is a software provider and does not act as a registered investment advisor, broker-dealer, or financial intermediary.

6.2 Non-Fiduciary Status The relationship between Questrategy and the User is strictly a contractual vendor-client relationship. Questrategy does not owe the User a fiduciary duty. All signals are generated through automated mathematical models without regard to the User’s specific financial situation.

6.3 User’s Professional Status and Technical Competence The User represents that it is a Sophisticated Professional Entity with the necessary technical, legal, and financial expertise to evaluate the Service. Whether the User utilizes the Service for its own trading or integrates the signals into its own technology stack (e.g., a SaaS platform), the User acknowledges that it has performed its own due diligence. The User confirms it possesses the competence to understand the risks of algorithmic trading and has not relied on Questrategy for any assessment of suitability.

6.4 Disclaimer of Results The User bears the full and absolute responsibility for all trading outcomes. Questrategy shall not be held liable for any financial losses, lost profits, or damages resulting from the use of its algorithms, regardless of market conditions.

7. Regulatory Compliance and Tax Residency

7.1 Non-Creation of Permanent Establishment (PE) The User acknowledges that the Service is a technological input provided from Israel, but the Strategic Management and Control of the User's trading activities are conducted exclusively by the User outside the State of Israel. It is expressly agreed that the provision of the Service does not, and is not intended to, create a Permanent Establishment (PE) for the User or its affiliates within Israel. The User covenants that all core investment decisions, risk oversight, and management functions are performed in its home jurisdiction.

7.2 User's Regulatory Status and AML/KYC Warranties The User represents and warrants that it is fully compliant with all applicable laws in its jurisdiction, including Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. The User affirms that all funds utilized in connection with the Service have been vetted by reputable third-party financial institutions (e.g., regulated brokers or exchanges). The User further certifies that it holds all necessary licenses, or is validly exempt from licensing, to engage in the activities related to the Service.

7.3 International Sanctions and Prohibited Parties The User warrants that neither it, nor any of its beneficial owners, are subject to international sanctions (including OFAC, EU, or UN sanctions) or listed on any "Prohibited Persons" lists. Any breach of this warranty shall grant Questrategy the right to immediate termination without notice.

7.4 Right of Immediate Termination Questrategy reserves the right to immediately suspend or terminate the Service, without liability, if it becomes aware of any credible suspicion or regulatory inquiry regarding the User's non-compliance with AML/KYC laws, licensing requirements, or international sanctions.

7.5 Regulatory and Tax Indemnification The User agrees to indemnify and hold harmless Questrategy and its personnel from any claim, liability, or expense (including legal fees) arising from the User's failure to comply with any laws or licensing requirements. This indemnification explicitly covers any tax assessments or liabilities arising from any tax authority alleging that the User’s use of the Service created a Permanent Establishment (PE) for the User in the State of Israel.

8. Confidentiality of Personnel and Proprietary Methodology

8.1 Identity Protection: To safeguard Questrategy’s intellectual property, trade secrets, and operational security, the identities of its research and development (R&D) personnel are strictly confidential. This "Stealth Mode" policy is a standard protective measure designed to prevent unauthorized interference and ensure the long-term integrity of the Service's proprietary algorithms.

8.2 Quality Assurance: Questrategy represents and warrants that its personnel confidentiality policy does not derogate from the quality, reliability, or accountability of the Service. Questrategy ensures that all algorithmic systems and strategies provided undergo rigorous internal validation, stress-testing, and continuous operational supervision. The User acknowledges and accepts this policy as part of the Service terms.

8.3 Non-Reliance: The Service is provided as a technological product of Questrategy. The User acknowledges that no reliance is placed on the specific identity of any individual contributor, and the Provider’s obligations are limited to the delivery of the technological Service as described herein.

9. Prohibited Uses and Intellectual Property Protection

9.1 Intellectual Property Protection The User acknowledges that all algorithmic code, trading methodologies, and the specific Trade Signals (including all associated execution parameters) transmitted by Questrategy constitute highly confidential and proprietary information (the "Proprietary IP"). The User is granted a limited license to use the Service but acquires no ownership rights or title in the Proprietary IP.

9.2 Technical Prohibitions The User agrees not to, and shall not permit any third party to:

Reverse Engineering: Attempting to derive the source code, underlying logic, or methodology of the algorithmic engines from the executed Trade Signals or associated data.

Decompilation or Decryption: Disassembling, decompiling, or otherwise attempting to deconstruct or derive the source code of any part of the Service or related software.

Altering Notices: Removing or altering any copyright, trademark, or other proprietary notices from the Service.

9.3 Unauthorized Redistribution and Mirroring To protect Questrategy’s commercial interests, the following actions are strictly prohibited unless expressly authorized in a separate Service Order or Addendum:

Signal Reselling and Redistribution: Transmitting, renting, or leasing signals to any third-party accounts or other legal entities.

Unauthorized Mirroring: Duplicating or copying trades to any other accounts without prior written consent and appropriate licensing.

Sub-licensing: Transferring, renting, or leasing the rights to use the Service to any other person or entity.

9.4 Infrastructure Integrity The User shall not engage in any activity that disrupts, interferes with, disables, or accesses without authorization the servers, networks, computer systems, or other infrastructure supporting or connected to the Service. This includes any attempt to bypass security measures or gain unauthorized access to Questrategy’s systems.

9.5 Enforcement and Termination Questrategy reserves the right to investigate and take appropriate legal action against any violation of this provision. Violations shall result in the immediate termination of the Service and potential reporting of such activity to relevant law enforcement or regulatory authorities.

10. Limitation of Liability

10.1 General Limitation To the maximum extent permitted by law, Questrategy, its officers, personnel, affiliates, partners, and the individual operating the Service shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising from:

Your use of or inability to use the Services;

Errors, delays, or failures in trade execution, including those arising from technical malfunctions, data inaccuracies, or infrastructure disruptions from any source;

Reliance on information, tools, or algorithms provided by Questrategy;

Unauthorized access or use of our systems or your account;

Force majeure events, such as natural disasters or infrastructure disruptions.

10.2 User Responsibility You agree that you are responsible for your actions when using the Services, including any claim or damage arising from a breach of these Terms. Questrategy may require you to cover related costs, including reasonable legal expenses, arising from such breaches.

10.3 Maximum Liability (Liability Cap) Notwithstanding any contrary provision contained herein, Questrategy's aggregate liability to you for any cause whatsoever, and regardless of the form of the action, shall at all times be limited to the total amount actually paid by you to Questrategy for the Services during the six (6) month period immediately preceding the event giving rise to the cause of action.

11. Termination of Services

11.1 Rights of Suspension and Termination Questrategy reserves the right to suspend or terminate your access to the Services, including any trade mirroring features, at any time and without prior notice, at its sole discretion, for reasons including but not limited to:

Breach of these Terms;

Suspicion of illegal activity or fraud;

Non-compliance with regulatory, AML, or KYC requirements;

Any regulatory event, change in sanctions status, or withdrawal of licenses that Questrategy deems a material legal or operational risk.

11.2 Effects of Termination Upon termination, all licenses granted hereunder shall immediately cease. Certain obligations, including Intellectual Property protection, Confidentiality, and Limitation of Liability, shall survive the termination of these Terms.

11.3 Disconnection Responsibility Upon termination for any reason, the User bears the sole and absolute responsibility to immediately and irretrievably delete all API keys and access credentials provided to Questrategy, and to verify the cessation of receiving signals from the Service. Questrategy shall not be liable for any trades executed, or failed to be executed, following the termination of the Service. Questrategy shall immediately revoke all internal access permissions associated with the User's account.

12. Updates to the Terms 

Questrategy may update these Terms from time to time. When we do, we will revise the "Last Updated" date. If changes are material, we will provide at least 30 days' advance notice via our website. Your continued use of the Services after the effective date constitutes your agreement to the updated Terms.

13. Governing Law and Dispute Resolution 

13.1 Governing Law: These Terms shall be governed by the laws of the State of Israel. The parties acknowledge that the User is a corporate/institutional entity and a sophisticated professional, and as such, consumer protection laws shall not apply to this contractual relationship.

13.2 Mandatory Binding Arbitration: Any dispute, controversy, or claim arising out of or relating to these Terms shall be settled by mandatory and binding arbitration in Tel Aviv, Israel, in accordance with the rules of the Israeli Institution of Commercial Arbitration (IICA). The language of the arbitration shall be English. The arbitrator's award shall be final and binding. Notwithstanding the above, Questrategy may seek injunctive relief in any court of competent jurisdiction to protect its Intellectual Property.

14. Miscellaneous Provisions

14.1 Entire Agreement and Order of Precedence: These Terms, together with any applicable Service Order and the Risk Disclosure, constitute the entire agreement between the Parties and supersede all prior agreements, representations, and understandings, whether written or oral, regarding the subject matter herein. In the event of any conflict or inconsistency between the provisions of these Terms and a specific Service Order duly signed by the Parties, the provisions of the Service Order shall prevail and govern solely with respect to the specific services and parameters detailed therein.

14.2 Severability: If any provision of these Terms is found to be unenforceable or invalid, that provision shall be limited or eliminated to the minimum extent necessary so that these Terms shall otherwise remain in full force and effect.

14.3 No Assignment: The User may not assign, sublicense, or transfer any of its rights or obligations under these Terms without Questrategy’s prior written consent.

14.4 No Waiver: No failure or delay by Questrategy in exercising any right under these Terms shall constitute a waiver of that right.

14.5 Language: These Terms are drafted and provided exclusively in the English language, which shall be the sole governing and legally binding version of the agreement.

15. Contact Information

For questions or clarifications regarding these Terms of Use or Questrategy's services, please contact us. We will make an effort to respond to inquiries within a reasonable timeframe. Please also refer to our Risk Disclosure page for more information.

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