Zonelytix legal
Expert Advisor licence
Version 1.1 · Last updated
The Zonelytix Bridge Expert Advisor (the EA) is free software that runs in your MetaTrader 5 terminal and executes, on your own broker account, the signals and approvals your Zonelytix settings allow. This licence agreement is between you and Zonelytix and governs your use of the EA. It forms part of the Terms of service.
Contents
- 1. What this licence covers
- 2. Licence grant
- 3. What the EA does and does not do
- 4. What the EA sends to us
- 5. Licence keys and accounts
- 6. Settings live in the dashboard
- 7. Restrictions
- 8. Versions, updates and compatibility
- 9. Your responsibilities
- 10. No warranty
- 11. Limitation of liability
- 12. Termination
- 13. General
1. What this licence covers
This End-User Licence Agreement (“Licence”) covers every version of the Zonelytix Bridge Expert Advisor, its source and compiled files (.mq5 and .ex5), its documentation and any update we provide (together, the “EA”). By downloading, installing, attaching or running the EA you accept this Licence, the Terms of service and the Risk disclosure. If you do not accept them, do not install the EA.
2. Licence grant
Zonelytix grants you a personal, limited, non-exclusive, non-transferable, non-sublicensable, revocable licence to install and run the EA on MetaTrader 5 terminals that you control, for the MT5 account numbers linked to your Zonelytix account, for your own trading, for as long as your Zonelytix account is in good standing. The EA is free of charge; your Zonelytix plan determines which signals, symbols, timeframes and account counts the EA may use. The EA is licensed, not sold, and we keep all rights not expressly granted.
3. What the EA does and does not do
- It authenticates to our API with a licence key and your MT5 account number, then polls our API at the interval we specify for orders to place and positions to manage.
- It reads the balance, equity and open positions of the terminal it runs in, calculates a lot size from that balance and the risk settings you saved in the dashboard, and places, modifies and closes orders with your broker through the terminal’s own trade functions.
- It reports fills, modifications, closes, balance and a heartbeat back to us so that your dashboard, journal and prop firm rules stay current.
- It never sends your broker login, password or investor password anywhere; it does not have them. It does not connect to anything other than our API and your broker through the terminal.
- It does not close positions on its own initiative when it is paused, offline or revoked, and it does not override a stop loss or target that your broker has already received.
- It contains no analysis logic. All zone detection, scoring, filtering and plan enforcement happens on our servers; the EA only executes what the server offers and your settings allow.
4. What the EA sends to us
On every request: your licence key, MT5 account number and EA version. On start: your broker name and server name. On every poll, heartbeat and report: balance, equity and the number of open positions. On every report: the ticket, symbol, direction, volume, prices, time and the signal the order relates to. Nothing else. The full protocol is documented in the EA protocol reference linked from Settings → MT5, and the Privacy policy explains how we keep this data and for how long. You can disconnect an account and revoke its key at any time in Settings → MT5.
5. Licence keys and accounts
- A licence key is issued in the dashboard for one specific MT5 account number and works only with that number. The number of accounts you may link depends on your plan.
- Keys are personal and confidential. Do not share, publish, sell or lend them. A key seen in a screenshot, a forum or a shared VPS image may be revoked.
- Running the EA on an account with a key issued for a different account, or on more accounts than your plan allows, is a breach of this Licence.
- We may revoke a key at any time for breach, for suspected compromise, or when your account or plan ends. A revoked key stops the EA from receiving new orders; open positions remain yours to manage.
6. Settings live in the dashboard
Execution mode, risk per trade, maximum trades, daily loss stop, sessions, news filter, weekend crypto, symbols, timeframes, prop firm rules and the master execution switch are set and stored in your Zonelytix dashboard, not in the EA’s inputs. The EA applies what the server tells it on each poll. This means a change in the dashboard takes effect within one poll interval on every terminal running your key, and it means the EA cannot be configured to do anything your dashboard does not allow. The few inputs the EA exposes (magic number, slippage tolerance, comment prefix) are execution details and do not change risk.
7. Restrictions
You may not, and may not allow anyone else to:
- copy, distribute, publish, sell, rent, lease, lend or sublicense the EA, or include it in any product or service;
- modify, adapt, translate or create derivative works of the EA, or remove any notice, licence check, signature or identifier from it, except to the extent applicable law expressly permits despite this restriction;
- reverse engineer, decompile or disassemble the compiled EA, except to the extent applicable law expressly permits for interoperability and then only after asking us for the information first;
- use the EA to feed signals to any account, person, copy-trading service, social trading platform or signal service other than your own linked accounts, or to retransmit orders to other terminals;
- use the EA with a broker or prop firm whose terms prohibit Expert Advisors or the way you are using it, or in any way that breaks the law where you are;
- interfere with the licence check or the API, spoof reports, or send false balances, fills or heartbeats;
- use the EA, or the data it receives, to train or build a competing model, dataset or product.
8. Versions, updates and compatibility
We may release updates that add, change or remove features, and we may require a minimum EA version to connect; the dashboard shows the version each account is running and tells you when an update is needed. We may stop supporting old versions, broker configurations or MetaTrader builds. The EA is built for MetaTrader 5 and is not warranted to work on MetaTrader 4, on every broker, on every account type (hedging and netting differ), or on every VPS. MetaTrader and MQL5 are products and trademarks of MetaQuotes Ltd, which is not a party to this Licence and provides no support for the EA.
9. Your responsibilities
- Install the EA only from your Zonelytix dashboard. We never distribute it by email, Telegram or third-party sites, and a copy obtained elsewhere may be tampered with.
- Keep the terminal, VPS and operating system updated and secured, and keep algo trading enabled only when you intend the EA to trade.
- Test on a demo account before any live account, verify lot sizes against your risk settings, and watch the first live trades.
- Check the terminal and the dashboard daily. The EA does not monitor your account for you, and neither do we.
- Confirm with your broker and, if applicable, your prop firm that running the EA, trading the symbols you enabled and trading during news are permitted on your account.
- Understand that the master execution switch stops new trades only. Close positions yourself in the terminal if you want to be flat.
10. No warranty
The EA is provided free of charge “as is” and “as available”, without warranty of any kind. To the fullest extent permitted by law we disclaim all warranties, express or implied, including merchantability, satisfactory quality, fitness for a particular purpose, non-infringement, accuracy and uninterrupted or error-free operation. We do not warrant that the EA will place any trade, place it at any price, size it correctly, manage it correctly, remain connected, or be compatible with your broker, terminal build or VPS. Software bugs, terminal crashes, broker rejections, requotes, slippage, partial fills and connectivity loss can and do occur.
11. Limitation of liability
The limitation of liability in the Terms of service applies to the EA. Because the EA is free, to the fullest extent permitted by law our total liability arising out of or relating to the EA is limited to 100 US dollars, and in no event are we liable for trading losses, margin calls, negative balances, lost profits, lost opportunity, a breached prop firm rule, a lost funded account or a challenge fee, however caused. Nothing in this Licence excludes liability that cannot be excluded by law.
12. Termination
This Licence lasts until terminated. It ends automatically if you breach it, if your Zonelytix account is closed or suspended, or if we withdraw the EA. You may end it at any time by revoking your keys and deleting the EA. On termination you must stop using and delete every copy of the EA; the EA will in any case stop receiving orders once its key is revoked. Sections on restrictions, warranty, liability and general terms survive.
13. General
This Licence is governed by the laws of the jurisdiction in which the company operating Zonelytix is established, and the dispute resolution, consumer protection, severability, assignment and notice provisions of the Terms of service apply to it. If this Licence conflicts with the Terms on a matter concerning the EA, this Licence prevails. Questions: legal@zonelytix.com.