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Last Updated: June 25th, 2024

Limited Refund & Profit Compensation Policy: Licensee acknowledges and agrees that Horizon Quant Technologies offers a limited, discretional refund and profit compensation policy on the Product as specifically stated herein. 

 

Limited Refund Policy: If, after sixty (60) days (after payment for license is received in full) of Licensee’s continuous use of the Product following the date of full purchase, Licensee is not satisfied with the Product, Licensee may request a full refund of the purchase price paid. To be eligible for such refund, Licensee must fully adhere to all of the following (the “Refund Parameters”): 1) Licensee must have utilized the product without interruption or manual intervention by Licensee for a period of sixty (60) calendar days; 2) Licensee must send a full downloaded and accurate copy of their journal tab and trade report to Horizon Quant Technologies for review; 3) Licensee must have maintained the exact recommended Product settings using a “Conservative” risk setting with zero adjustments or Licensee interventions for the entire sixty (60)-day period; 4) any losses caused by faults with Licensee’s VPS or remote desktop will cause Licensee to be ineligible for any refund as Horizon Quant Technologies cannot take responsibility for failures in software or systems not sold and licensed by Horizon Quant Technologies; 5) Licensee must have earned less than one dollar ($1.00) USD in profit using the Product within the 60-day period; 6) Licensee must have attended at least two (2) educational training sessions (held every other Tuesday evening, Eastern Time) provided by Horizon Quant Technologies; 7) Licensee must have attended at least one of each of the educational setup & training calls provided by Horizon Quant Technologies a listed in Article 23 herein; 8) Licensee must have read the Product manual in full, followed by written or verbal confirmation prior to the end of the 60-day period; 9) Licensee must have funded their broker trading account linked to the Product with a minimum of ten thousand ($10,000.00) dollars USD and maintained such principal balance for the duration of the 60-day period. For this purpose, Licensee may utilize a “demo” or “live” account; 10) As broker manipulation is often the reason for trading account losses, Licensee may not have utilized an unsupported broker. For a list of un-supported brokers, please visit www.horizonalgo.com and review the Frequently Asked Questions

 

Profit Compensation Policy: Licensee acknowledges and agrees that Horizon Quant Technologies offers an additional 16-month profit compensation policy on the Product provided that Licensee has fully complied with the Profit Compensation Parameters listed below. If, within 16 months of the original date of purchase of the Products, Licensee has not profited an amount greater than the initial licensing fee paid by Licensee for the Product, Licensee is entitled to and may request a refund of the difference between the initial Product licensing fee paid and the amount of profit generated at the end of such 16-month period. (For the avoidance of doubt, as an example, if Licensee paid $20,000 as the initial license fee for the Product, but has only realized a profit of $18,000 at the end of the 16-month period, Horizon Quant Technologies will refund Licensee in the amount of $2,000.00.) The parameters to be eligible for the 16-month refund policy are as follows (the “Profit Compensation Parameters''): 1) Licensee must have utilized the product without interruption for a period of sixty (60) calendar days; 2) Licensee must send a full downloaded and accurate copy of their journal tab and trade report to Horizon Quant Technologies for review; 3) Licensee must have maintained the exact recommended Product settings using a “Conservative” risk setting with zero adjustments or Licensee interventions for the entire 16-month period; 4) any losses caused by faults with Licensee’s VPS or remote desktop will cause Licensee to be ineligible for any profit compensation; 5) Licensee must have attended at least two (2) educational training sessions (held every other Tuesday evening, Eastern Time) provided by Horizon Quant Technologies ; 6) Licensee must have attended at least one of each of the educational & setup training calls provided by Horizon Quant Technologies as listed in Article 23 herein; 7) Licensee must have fully read the Product manual, followed by a written or verbal confirmation within 60 days of purchase. 8) Licensee must have funded their broker trading account linked to the Product with a minimum of ten thousand ($10,000.00) dollars USD and not have withdrawn the account balance below the recommended $10,000.00 minimum trading balance. 9) As broker manipulation is often the reason for trading account losses, Licensee may not have utilized an unsupported broker. For a list of un-supported brokers, please visit www.horizonalgo.com and review the Frequently Asked Questions.

 

To request a refund under either the Limited Refund or Profit Compensation Policy as outlined above, Licensee must provide written notice of its request to Horizon Quant Technologies within seven (7) days following the 60-day (in the case of a refund request) or 16-month (in the case of a profit compensation request) period, as applicable. Upon receipt of the written notice, if the Licensee has followed all parameters stated herein, Horizon Algo will assess and (at its discretion) process the refund of the purchase price or profit compensation as applicable within 5-7 business days. Licensee acknowledges that it has read, understood, and agreed to the terms of the Horizon Quant Technologies Limited Refund and Profit Compensation Policy.

For more information regarding this policy, contact us at support@horizonalgo.com

Copyright © 2024 Horizon Algo Technologies

Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

U.S. Government Required Disclaimer - Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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Clearly understand this: Information contained in this product are not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.

*CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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