Terms and Conditions
By using our software and services, you agree to be bound by these terms and conditions. Please read these terms carefully before using our services.
- Use of Services
1.1 InnoVento provides software. We are not an investment fund or asset manager. We do lease our software to fund and/or asset managers. The use of our software is at your own risk.
1.2 It is your responsibility to ensure that the use of our services complies with applicable laws and regulations in your jurisdiction.
1.3 InnoVento is not a financial service provider and does not offer advice or services related to financial products or investments. Our operations fall outside the supervision of the Autoriteit Financiële Markten (AFM) and are not subject to AFM regulations. It is your responsibility to ensure compliance with applicable laws and regulations in your jurisdiction.
1.4 The information and software provided by InnoVento are for not constitute financial advice. InnoVento does not act as an investment advisor or asset manager. Any decisions made based on information from our software or services are made at your own risk. We recommend consulting with a qualified financial advisor before making investment decisions.
1.5 You are solely responsible for verifying the suitability and legality of the use of InnoVento’s software and services in your jurisdiction. You should ensure that the use of our services does not violate any applicable financial regulations, including those imposed by the AFM or other regulatory bodies relevant to your location.
1.6 To use our services, you must be at least 18 years old or the age of majority in your jurisdiction and have the legal capacity to enter into a binding agreement. By using our services, you represent and warrant that you meet these eligibility criteria.
1.7 You are responsible for maintaining the confidentiality of your account login credentials and for all activities that occur under your account. InnoVento shall not be liable for any loss or damage arising from unauthorized access to your account due to your failure to safeguard your login credentials.
1.8 To the fullest extent permitted by law, InnoVento shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses, resulting from (a) your use or inability to use the services; (b) any unauthorized access to or use of our servers and/or any personal information stored therein. - Liability
2.1 InnoVento aims for accuracy and reliability but cannot guarantee the completeness, accuracy, and timeliness of the information, and copied orders.
2.2 InnoVento is not liable for direct, indirect, incidental, consequential, or other damages arising from the use of our website, services, and copied orders.
2.3 InnoVento is not responsible for any errors, bugs, glitches, or other technical issues in the software. The use of the software is entirely at your own risk, and we cannot be held responsible for any losses or damages resulting from software errors.
2.4 All fees paid to InnoVento are non-refundable unless otherwise specified in the service agreement or as required by applicable law. - Returns and Risks
3.1 Our software works with algoritms that enable automated trading which involves risks, and you may lose (all or part of) your investment. Returns may vary, and past performance does not guarantee future results.
3.2 Returns mentioned on our website do not include transaction costs, subscription fees, and any other fees.
3.3 No rights or guarantees can be derived from the returns and amounts stated on our website.
3.4 Past performance is not indicative of future results. Investing carries risks, and you may lose (all or part of) your investment. InnoVento is not liable for any losses arising from your use of our services.
3.5 InnoVento applies risk management techniques, including the use of stop-loss mechanisms, to help mitigate potential losses. However, it is important to note that stop-loss orders are not foolproof, and there is always a possibility that losses could exceed the stop-loss threshold due to factors such as market volatility or gaps in trading. Consequently, you should be aware that the use of stop-loss does not guarantee that losses will be limited to a specific amount.
3.6 It is your responsibility to investigate and understand the policies of the broker(s) with whom you choose to work. Not all brokers offer negative balance protection, which means that in extreme market conditions, it is possible to lose more than your initial investment. InnoVento does not provide negative balance protection and is not responsible for any losses that exceed your account balance. We strongly advise you to choose a broker that offers this protection if you wish to limit your potential liabilities. - Relationship with Brokers
4.1 Your broker is an external party with whom you have a separate agreement. InnoVento maintains a direct relationship with certain brokers for the purpose of setting up and operating our software platform. However, this relationship is limited to the technical integration and maintenance of our platform, and we do not act as brokers ourselves. You will also need to establish your own separate account directly with the broker. While we work with independent brokers, we do not work for them, nor do we have control over their operations or policies. It is important to understand that our relationship with the broker is purely for the functionality of our software, and any issues related to your trading account should be addressed directly with the broker.
4.2 Opening an account with a broker, copying orders, and processing financial transactions are done entirely through the broker. We do not have access to your account or funds. - Other Provisions
5.1 These terms constitute the entire agreement between you and InnoVento regarding the use of our services and software. In case of inconsistency or discrepancy between these terms and prior agreements, statements, or warranties, whether oral or written, these terms shall prevail. - Privacy Policy
6.1 InnoVento respects your privacy and ensures confidential treatment of your personal data. Our privacy policy describes how we collect, use, and protect your data.
6.2 By using our services, you consent to the collection and use of your data as described in our privacy policy. - Intellectual Property
7.1 All content on our website, including but not limited to texts, graphics, logos, images, software, and trademarks, are the property of InnoVento or its licensors and are protected by copyrights and other intellectual property rights.
7.2 You may use the content for personal, non-commercial purposes only and may not copy, reproduce, distribute, or otherwise use it without the express written permission of InnoVento . - Changes to the Terms
8.1 InnoVento reserves the right to change these Terms and Conditions at any time. We will do so by posting the revised terms on our website.
8.2 Continued use of our services after such changes implies your acceptance of the amended terms. - Contact Information
10.1 For questions regarding these terms or our services, please contact us at info@InnoVento.nl. - Translation Disclaimer
12.1 InnoVento uses an external translation service for translating content on our website. We do our best to ensure accuracy; however, we cannot guarantee the correctness or reliability of translations.
12.2 In case of discrepancies or misunderstandings due to translation errors, the original English version of the content shall prevail.
12.3 InnoVento is not responsible for any damages or issues that may arise from inaccuracies in translated content.
12.4 Users are advised to refer to the original English text or seek clarification if there are any doubts or concerns about the accuracy of translated content. - Governing Law
13.1 These terms and conditions, as well as any disputes arising from or in connection with them, shall be governed by and construed in accordance with the laws of Netherlands. All legal proceedings arising under these terms and conditions shall be brought exclusively in the courts of Venlo, Netherlands, unless otherwise required by applicable mandatory law. - Force Majeure
14.1 InnoVento shall not be liable for any failure to perform its obligations under these terms and conditions if such failure results from circumstances beyond its reasonable control, including but not limited to natural disasters, acts of war or terrorism, pandemics, strikes, labor disputes, governmental actions, or interruptions in electricity, internet, or communications systems. In the event of force majeure, InnoVento’s obligations will be suspended for the duration of the force majeure event. If the force majeure event continues for more than 30 days, either party may terminate the agreement by providing written notice to the other party. - Idemnification
You agree to indemnify, defend, and hold harmless InnoVento, its affiliates, and their respective officers, directors, employees, agents, and representatives from and against any and all claims, liabilities, damages, losses, costs, and expenses, including reasonable attorney’s fees, arising out of or in any way connected with your use of our software and services, your violation of these terms and conditions, or your violation of any rights of another.
By using our software and services, you agree to these terms and conditions.
