Legal
Please read these terms. Together with the Risk warning and Privacy notice they are the entire agreement between you and Onyx. By requesting an invite or using the service, you agree to them.
These terms, with the Risk warning and Privacy notice, are the entire agreementbetween you and Onyx and supersede anything said before. By using the service you confirm you have the authority and capacity to agree. We may update them; continued use is acceptance, and the “last updated” date governs.
You warrant that you are a certified sophisticated or professional investor; that you are 18+ and act on your own behalf or with authority; that the information you give is true and kept current; that any funds you later use are lawfully yours; that you are not a sanctioned person or in a prohibited jurisdiction; and that your use is lawful where you are. We may verify, refuse or suspend at any time.
Onyx provides non-custodial trading automation and related information. When live, it operates a market-neutral carry engine on your own exchange account under trade-only keys. It is software and information — not a fund, not a deposit, and not advice.
Today the service is paper-only: free, fully simulated, with no funds, no payment and no exchange connection. It is experimental and may change, pause or end at any time, and paper data may be reset or deleted. No live trading occurs until FCA authorisation.
The engine acts automatically on market events, without human review of each trade. You accept the results of that automation — including missed, delayed, partial or unintended actions — and acknowledge we do not guarantee any trade, outcome, return or level of performance.
When live, your capital stays in your own exchange account; we connect with trade-only keys that cannot withdraw. You are solely responsible for the security, funding, configuration and compliance of your own exchange account.
Exchanges, data providers and other third parties are independent of us. You deal with them directly and on their terms. We are not responsible for their acts, omissions, fees, outages, solvency or security, and we do not endorse them.
Access is invite-only and personal to you. You are responsible for your credentials, your two-factor device and all activity under your account, and must report any suspected compromise promptly. You may not share, sell or transfer access.
You must not use the service unlawfully, or attempt to disrupt, overload, reverse-engineer, decompile, scrape, copy, resell or circumvent its security or access controls, or use it to harm us or others. We may restrict or remove any use that, in our reasonable view, threatens the platform, other members or our compliance.
The paper phase is free and takes no payment. Paid tiers, prices and billing apply only after authorisation and will be shown before any charge. Where future fees apply, they are non-refundable except where the law requires otherwise.
The platform, software, engine, models, methodology, content and brand are owned by Onyx or its licensors and are protected by law. You receive a limited, revocable, non-transferable, non-exclusive licence to use the service for its intended purpose. All rights not expressly granted are reserved; your own data remains yours.
Non-public materials we make available — including data-room documents, methodology and performance data — are confidential. You will keep them confidential, use them only to evaluate or use the service, and not disclose or reproduce them without our consent.
If you give us feedback, ideas or suggestions, we may use them freely, without obligation or compensation to you.
Onyx provides information and automation, not personal recommendations. Nothing is investment, tax, legal or other advice, and no fiduciary or advisory relationship arises. Decisions, and their consequences, are yours.
Information, figures and projections are general, may contain errors and may change without notice; we do not warrant their accuracy, completeness or timeliness. You rely on them at your own risk and confirm you have not relied on any representation not set out in these terms.
The service and all content are provided “as is” and “as available”, without warranties or conditions of any kind, express or implied — including fitness for purpose, merchantability, accuracy, availability, security or non-infringement — to the fullest extent the law allows.
We are not liable for any failure or delay caused by events beyond our reasonable control, including market disruption, exchange or venue failure, network, hosting, power or third-party outages, cyber-attacks, changes in law, or acts of God.
To the fullest extent permitted by law, Onyx and its operators, officers, employees and partners are not liable for any indirect, consequential, special or incidental loss, or for loss of profit, opportunity, data, goodwill or anticipated savings, however arising. Our total aggregate liability for all claims is limited to the greater of the fees you paid us in the 12 months before the claim or £100. Nothing excludes liability that cannot lawfully be excluded (including fraud, or death or personal injury caused by our negligence).
You will indemnify and hold harmless Onyx and its operators, officers, employees and partners, on demand, against all claims, losses, liabilities, fines, penalties and reasonable costs (including legal costs) arising from your use of the service, your breach of these terms or of law, or your provision of inaccurate information — including third-party and regulatory claims.
Any claim arising out of or relating to the service or these terms must be brought within 12 months of the event giving rise to it, or it is permanently barred, to the extent the law allows.
We may suspend, restrict, halt, flatten positions on, or terminate your access at any time and without liability, including to protect the platform, other members, or to meet legal, regulatory or compliance obligations. You may stop at any time. Sections that by nature should survive — IP, confidentiality, disclaimers, liability, indemnity and governing law — survive termination.
Nothing here creates a partnership, joint venture, agency or fiduciary relationship. We may assign or transfer these terms; you may not without our consent. If any provision is unenforceable, the rest stands. Our failure to enforce a right is not a waiver. You consent to receive notices electronically. Headings are for convenience only.
These terms are governed by the laws of England and Wales, whose courts have exclusive jurisdiction, subject to any mandatory local rights you have. Please raise any complaint with us first at contact@onyx-algo.com so we can try to resolve it.