Welcome to Streak World

Last updated on 12-Feb-2020

These terms of use (“Terms of Use”) provide the terms and conditions on which users (“You” or “Yourself” or “User”) access, register and subscribe on the website streak.world and its sub-domains and/or the mobile application Streak World (collectively referred to as “the Platform”) owned and operated by STREAK WORLD PRIVATE LIMITED (“Company” or “Us” or “We”) to avail the Services (defined below). Please note that the Privacy Policy is an integral part of the Terms of Use and should be read together. 

Please read the Terms of Use carefully before using or registering on the Platform or accessing any material, information or Services through the Platform. Your acceptance by clicking on “Accept” shall signify Your acceptance of the Terms of Use and Your agreement to be legally bound by the same. By accepting the Terms of Use or accessing the Platform, You represent and warrant that: (a) You are legally competent to contract; (b) You are not subject to any law or agreement that would be breached by Your entering into or performing Your obligations under the Terms of Use or that are otherwise inconsistent with the Terms of Use, and (c) You will at all times during the subsistence of the Terms of Use comply with all applicable laws and regulations. If You do not wish to be bound by these Terms of Use or if You cannot remain in compliance with the same, You may not access the Platform or use/avail any of the Services and should immediately cease such access and use.

We reserve the unconditional right to change, modify, add, or remove portions of the Terms of Use at any time, without specifically notifying You of such changes. Any changes or updates will be effective immediately. Your continued use of the Platform after we post any such updates or changes will constitute Your agreement to those updates or changes. You can determine when this Terms of Use was last modified by referring to the “Last Updated” legend above. It shall be Your responsibility to check the Terms of Use periodically for changes/updates. 

By signing up, You create a self-directed Account(“Account”). All User Accounts are self-directed. Accordingly, You are solely responsible for any and all orders placed in your Account or via your Accounts and understand that all orders entered by You are unsolicited and based on their own investment decisions or the investment decisions of Your duly authorized representative or agent. Consequently, any User of Streak.World agrees that neither Company nor any of its employees, agents, principals or representatives: 1) provide investment advice in connection with a User Account; 2) recommend any security, transaction or order; 3) solicit orders; 4) act as a market maker in any security; 5) make discretionary trades; and 6) produce or provide research. To the extent research materials or similar information is available through Company or the websites of any of its affiliates, these materials are intended for informational and educational purposes only and they do not constitute a recommendation to enter into any securities transactions or to engage in any investment strategies.

  1. Services

Upon registration on the Platform and opening an Account (as defined hereinafter), You are authorized to use the Platform and avail the functionalities provided by the Platform from time to time for the particular subscription availed by You, including but not limited to: 

(i) Integration of the User’s account with the following exchanges/broker with the Account opened on the Platform: (a) Coinbase; (b) Binance; (c) HitBTC; (d)Alpaca; (e)Kraken; (f)Bitmex; (g)Huobi (f)Huobi; (g)NYSE; (h)NASDAQ; and (i) such other global exchanges as listed here [insert link].] (“Exchanges” or “Broker”)

(ii) Creating trading algorithms, using technical indicators, mathematical functions, market data, fundamentals, market events, news, sentiments and other alternative data points and sources; 

(iii) Backtesting algorithms and generating performance metrics; 

(iv) Deploying algorithms for executing trades on the Exchanges with an auto-trade mode or to generate notifications mode;

(v) Deploying algorithms with paper trading options where orders are not placed on the Exchanges instead are mere simulations of the markets. In addition, You understand that, hypothetical trading or paper trading are just hypothetical illustrations and don’t represent any real trade/investment/transaction, does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.

(vi) Place buy or sell orders with the Exchanges on behalf of the Users based on the algorithms set by the Users; 

(vii) View information relating to the past backtests, created algorithms, deployed algorithms, profitability of the trades undertaken;

(viii) Upon integration with the Exchanges, view information relating to trading balance, compiled holdings of securities, cryptocurrency instruments with the various Exchanges, and past orders/trade details undertaken in the respective Exchanges. 

(viiii) Any other functionality Offered to You in relation to the above.

(ix) Exchange/broker/market/securities/assets data

(x) Option to participate in public discussion forums, blogs, social media pages embedded within the Platform, and to post feedback and give your opinions, ideas, methods and practices

(the above mentioned functionalities/services are hereinafter collectively referred to as “Services”)

You acknowledge and understand that we provide tools and infrastructure designed to allow You to create, backtest, and deploy Your algorithms and algorithmic trading strategies live in the various exchanges/broker and markets.

To be clear, We do not provide any trading algorithms or trading strategies, rather the tools to create them and the data with which You can test and use them. You can create Your own algorithms or use sample algorithms made available on the Platform for demonstration purposes which You can modify as per Your needs.

Discover: On Discover Algo users can view, copy, replicate, modify the sample algorithms provided on the Platform to understand the working of algorithms and how to use them. The Company is not promoting any instrument or technical indicator or algorithm, this is just a sample algorithm that User on his/her own accord may use. The Company is not responsible for any profits/losses which the User incurs on trades executed on the basis of algorithms deployed in the market using Our Platform. 

Assist feature: Users can use this feature to autocomplete algorithms and strategies, based on generally accepted definitions or sample approaches of that respective indicator or data points. Users can modify/edit these autocompleted fields. This feature should not be construed as any advice or recommendation by the Company. 

We only provide the technology platform which facilitates the trading on the Exchanges/broker/ markets. We are not involved in buying or selling any instruments nor do We directly execute any trades on the Exchanges. All trades which have been placed through our Platform are trades that are executed by You on the Exchanges/Broker, whether done through an auto-trade mode or to generate notifications mode. We also do not provide any assurance that upon the set trigger conditions being met, the trades placed on your behalf by Us will be executed on the Exchanges. The execution of any trade is entirely between You and the Exchanges and is subject to the prevailing market conditions.

  1. Eligibility to Use

Services of this Platform are not available to any Users suspended or removed by the Company for any reason whatsoever. You represent that You are not a person barred from receiving services from the Platform under the applicable laws. 

You may not use the Services of this Platform if you, individually or as an entity who, if you are a resident of, or is seeking to access the Platform from, the following countries

  • Central African Republic
  • DR Congo
  • Cuba
  • India
  • Iran
  • Iraq
  • Lebanon
  • Libya
  • North Korea
  • Russia
  • Somalia
  • South Sudan
  • Sudan
  • Syria
  • Crimea
  • Ukraine
  • Venezuela
  • Yemen

or if you are a person or entity embargoed or blocked by any government, including those on sanctions lists identified by the United States Office of Foreign Asset Control (OFAC).

The Company reserves the right to refuse access to the Platform to new Users or to terminate access granted to existing Users at any time without according any reasons for doing so. 

You shall not have more than one active Account on the Platform. Additionally, You are prohibited from selling, trading, or otherwise transferring Your Account to another party or impersonating any other person for the purposing of creating an account with the Platform. 

You undertake that you are allowed and authorized to generate the API key (public key) and secret key (private key) and API passphrases from the Exchanges/Brokers, are authorized to use the services of the Exchanges/Brokers and are availing our services while complying with the policies of the Exchanges/Brokers.

2. User Account, Password, and Security

In order to access the Services provided on the Platform, You will have to first register on the Platform by providing details about Yourself, including Your name, email address, mobile number and such other details as may be required on the Platform and create an account (“Account”). Once an Account is created, You will be permitted to integrate Your account(s) with the Exchanges. Upon You voluntarily integrating the Platform with Your account with the Exchange, You acknowledge that the Company will gain access to Your holdings with the Exchange/Broker, trading balance details available with the Exchange/Broker and details of Your trading history with the Exchange/Broker. If You do not hold an account(s) with the Exchange/Broker or do not integrate Your account(s) with the Exchange/Broker, You will only be able to use the Platform to create, backtest and deploy algorithms to conduct paper trades (where orders are not placed on the Exchange/Broker instead are mere simulations of the markets), You will not be able to use the Platform to place trades on the Exchanges/Brokers. 

You shall ensure and confirm that the Account information provided by You is complete, accurate and up-to-date. If there is any change in the Account information, You shall promptly update Your Account information on the Platform. If You provide any information that is untrue, inaccurate, not current or incomplete (or becomes untrue, inaccurate, not current or incomplete), or if the Company has reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, the Company has the right to suspend or terminate Your Account and refuse any and all current or future use of the Platform (or any portion thereof) at its discretion, in addition to any right that the Company may have against You at law or in equity, for any misrepresentation of information provided by You. 

You will be responsible for maintaining the confidentiality of the Account information, and are fully responsible for all activities that occur under Your Account. You shall also ensure that the credentials generated/used to integrate Your account(s) with the Exchange/Broker are not shared with anyone, and used only for the purpose of the said integration. You agree to (a) immediately notify the Company by writing to [email protected] of any unauthorized use of Your Account information or any other breach of security or breach of the terms contained herein, and (b) ensure that You exit from Your Account at the end of each session. The Company cannot and will not be liable for any loss or damage arising from Your failure to comply with this provision. You may be held liable for losses incurred by the Company or any other user of or visitor to the Platform due to authorized or unauthorized use of Your Account or of the credentials generated for the purpose of integration with the Exchanges/Brokers, as a result of Your failure in keeping such Account or information secure and confidential. 

You understand that You may be required to whitelist the IP address of the Platform with the Exchanges/Brokers, for the purpose of using the Platform to place trades with such Exchanges/Brokers. 

3. Subscription and Payment

At the time of opening of Account or at any time thereafter, the User may choose to opt for the following subscription plans: (i) Free; (ii) Basic; (iii) Premium; or (iv) Ultimate by paying the applicable subscription fee (“Service Fee”) for the relevant plan. The User shall also choose between the different duration options for subscription based on the applicable Service Fee determined. The Services which can be availed from the Platform is determined by the subscription plan which the User has chosen and paid for. The Service Fee and subscription plans shall be determined by the Company and may change from time to time at the Company’s sole discretion. 

All payments of Service Fee shall be made to the Company through the Platform. To the extent permitted by applicable law and subject to the Company’s Privacy Policy, You acknowledge and agree that the Company may use certain third-party vendors and service providers, including payment gateways, to process payments and manage payment card information. 

In order to make payments online, You undertake to use a valid payment card or bank details or third party wallets or details required for any other mode of payment (“Payment Details”) with the authority to use the same, to have sufficient funds or credit available to complete the payment on the Platform in good standing. By providing the Payment Details, You represent, warrant, and covenant that: (1) You are legally authorized to provide such Payment Details; (2) You are legally authorized to perform payments using such Payment Details; and (3) such action does not violate the terms and conditions applicable to Your use of such Payment Details or applicable law. You agree that You are responsible for any fees charged by Your mobile carrier in connection with Your use of the payment services through Your mobile. The Company shall use the Payment Details as described in the Company’s Privacy Policy. You may add, delete, and edit the Payment Details You have provided from time to time through the Platform.

The Company shall send a payment receipt for the Service Fee paid to your registered email address and also make available the same on the Platform which can be viewed and downloaded by you. 

  1. Use of Platform 
  2. Intellectual Property Rights. 
  3. Cancellation of subscription.
  4. Investment disclaimer. 
  5. Backtesting and Data
  6. Market data and prices
  7. Disclaimer of Warranties & Liability
  8. Indemnification and Limitation of Liability.
  9. Electronic Communications.
  10. Use of Internet 
  11. Violation of the Terms of Use
  12. Suspension and Termination 
  13. Governing Law
  14. Report Abuse
  15. General Provisions
  16. IP Infringement
  17. the intellectual property that You believe is being infringed;
  18. the item that You think is infringing and include sufficient information about where the material is located on the Platform;
  19. a statement that You believe in good faith that the item You have identified as infringing is not authorized by the intellectual property owner, its agent, or the law to be used in connection with the Platform; 
  20. Your contact details, such as Your address, telephone number, and/or email; 
  21. a statement that the information You provided in Your notice is accurate, and that You are the intellectual property owner or an agent authorized to act on behalf of the intellectual property owner whose intellectual property is being infringed; and 
  22. Your physical or electronic signature.
  23. Social Media/Networks
  24. Feedback and Information