Terms & Conditions
Please read these terms carefully before using MyFXcoding.com or submitting a strategy.
Contents
1. Acceptance of Terms
By accessing or using MyFXcoding.com ("the Website"), submitting a strategy, or contacting us through any form on this Website, you agree to be bound by these Terms & Conditions ("Terms"). If you do not agree with any part of these Terms, please do not use the Website.
These Terms apply to all visitors, users, and others who access or use the service.
2. Service Description
MyFXcoding.com provides a free custom Expert Advisor (EA) development service for MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. The service involves coding a user's trading strategy into MQL4 or MQL5 and delivering a compiled EX4 or EX5 file locked to the user's specified account number.
The service is:
- Provided entirely at our discretion - we reserve the right to accept or decline any submission
- Free of charge for qualifying strategies (see Section 5)
- Available as a paid source code add-on at a quoted price (see Section 6)
- Intended for personal, non-commercial use only
3. Eligibility
You must be at least 18 years of age to use this service. By using the Website, you represent and warrant that you are 18 or older and are legally permitted to enter into these Terms in your jurisdiction.
This service is not available in jurisdictions where automated trading software is prohibited by law.
4. Submission Requirements
To be eligible for free EA development, your strategy submission must meet the following criteria:
- Rule-based: Entry and exit conditions must be clearly defined and unambiguous - expressible in code
- Proven: You should provide evidence of manual trading results, forward test data, or backtests showing the strategy works as intended
- Automatable: The strategy must be fully automatable without requiring subjective human judgment at runtime
- Legal: The strategy must not violate any applicable laws, brokerage terms, or exchange rules
- Original: You must own the rights to the strategy you submit - do not submit strategies copied from others without permission
Uploaded files (screenshots, PDFs) must be genuine supporting documents. Uploading malicious files, attempting to exploit the upload system, or uploading content that violates any law is strictly prohibited and may result in legal action.
5. Free Service Terms
The free EA development service is offered subject to the following conditions:
- The compiled EA (EX4/EX5) is provided locked to the MT4/MT5 account number you supply. It cannot be transferred to another account.
- The compiled EA is for personal use only. You may not resell, redistribute, publish, sublicense, or otherwise transfer it to any third party.
- The MQL4/MQL5 source code is not included in the free service.
- Free revisions are available if your original strategy rules are unchanged. Changes to strategy logic are treated as new submissions.
- Delivery times are estimates only and are not guaranteed. Typical turnaround is 5–10 business days after strategy approval, but this may vary based on workload and complexity.
- We make no guarantee that the EA will generate profit. Past performance of a manual strategy does not guarantee equivalent automated performance.
6. Source Code Add-On
Full MQL4/MQL5 source code is available as a paid add-on, priced on a per-project basis depending on complexity. The price is quoted after the strategy is reviewed and accepted.
- Requesting a source code quote does not guarantee acceptance of the submission or a specific price
- Source code is delivered in an unlocked format and may be modified by the purchaser
- Payment terms will be communicated at the time of quotation
- No refunds once source code has been delivered
7. Intellectual Property
7.1 Your Strategy
You retain ownership of your trading strategy concept, rules, and underlying intellectual property. By submitting your strategy, you grant MyFXcoding.com a non-exclusive, royalty-free licence to use the strategy information solely for the purpose of developing your EA.
7.2 The Compiled EA
Upon delivery of the free service, you receive a personal, non-transferable, non-exclusive licence to use the compiled EA file (EX4/EX5) on the single MT4/MT5 account specified in your submission. You do not receive ownership of the underlying code.
7.3 Source Code (Paid Add-On)
Upon full payment and delivery of the source code, you receive a personal licence to use, modify, and learn from the code for your own non-commercial purposes. You may not resell or redistribute the source code or any derivative works without our written permission.
7.4 Website Content
All content on MyFXcoding.com - including text, graphics, logos, and code - is the property of MyFXcoding.com and protected by applicable intellectual property laws. You may not reproduce or redistribute any content without written permission.
8. No Financial Advice
Automated trading carries significant risk. You are solely responsible for:
- All trading decisions made using any EA developed through this service
- Ensuring the EA complies with your broker's terms of service
- Any financial losses arising from the use of the EA
- Thoroughly testing the EA in a demo environment before live trading
Past performance of a strategy does not guarantee future results. You should never trade with funds you cannot afford to lose.
9. Disclaimer of Warranties
THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.
We do not warrant that:
- The EA will be error-free, uninterrupted, or meet your specific requirements
- The EA will produce profitable results in live trading
- The Website will be available at all times or free from technical errors
- Any errors in the EA will be corrected (though we will make reasonable efforts to do so within the scope of the agreed strategy rules)
10. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, MYFXCODING.COM, ITS OPERATORS, AND AFFILIATES SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO:
- Loss of profits, trading losses, or financial losses of any kind
- Loss of data or business interruption
- Any damages arising from your use of or inability to use the EA or the Website
Our total aggregate liability in connection with the service shall not exceed the amount paid by you for the specific service giving rise to the claim (or zero for the free service).
11. Prohibited Use
You agree not to use this Website or the service to:
- Submit false, fraudulent, or misleading strategy information
- Upload malicious files, viruses, or exploit code
- Attempt to gain unauthorised access to our systems or data
- Resell, redistribute, or commercially exploit any EA delivered under the free service
- Violate any applicable local, national, or international law or regulation
- Submit strategies intended to manipulate markets or engage in any form of market abuse
- Circumvent the account-locking mechanism of delivered EAs
- Impersonate any person or entity or misrepresent your affiliation with any person or entity
Violation of these prohibitions may result in immediate termination of service, deletion of your submission data, and where applicable, legal action.
12. Termination
We reserve the right to refuse or terminate service to any user at any time, for any reason, with or without notice. This includes cancelling an in-progress EA development if we discover a submission violates these Terms.
Upon termination, your submission data may be deleted from our systems. Delivered EAs will continue to function but no further support will be provided.
13. Governing Law
These Terms shall be governed by and construed in accordance with applicable law. Any disputes arising in connection with these Terms or the service shall be subject to the exclusive jurisdiction of the competent courts of the applicable jurisdiction.
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. Changes to Terms
We reserve the right to modify these Terms at any time. Updated Terms will be posted on this page with a revised "Last updated" date. Your continued use of the Website after changes are posted constitutes acceptance of the revised Terms.
We encourage you to review these Terms periodically.
15. Contact
For questions about these Terms, please contact: