COOLTRADE
TERMS
AND CONDITIONS
Important. It is recommended that you carefully read these terms and
conditions of use (the "agreement") that shall govern your access to
and use of the CoolTrade online service (the “service”) and financial tools (the
“tools”). If you are executing this agreement on behalf of a company, you
represent that you have the authority to bind the company to this agreement. If
you do not have such authority, or if you do not understand, accept and agree
with all of the terms and conditions of this agreement, you will not be granted
further access to the service and tools and may not use the service in any
manner. You must accept the terms of this privacy policy in order to access
CoolTrade content.
CoolTrade, Inc. may change these
Terms of use at any time without notice. Changes will be posted at
http://www.Cool-Trade.com
under "Terms of Use". Your use of the web site after any changes have
been posted will constitute your agreement to the modified Terms of Use and all
of the changes. Therefore, you should read these Terms of Use from time to time
for changes.
I Agree with ALL these Terms and Conditions |
Terms and Conditions of Purchasing CoolTrade
☑ I am at least 18 years
old.
☑ I understand that this is not a free trial
download. CoolTrade™ cannot and does not offer free trials for the downloadable
version of the software.
☑ I understand that due to
non-reimbursable costs to the company to set up a CoolTrade™ account, CoolTrade
does not issue subscription refunds.
☑ I understand and agree that if I cancel after downloading, my
subscription fee is non-refundable except as required by applicable law, and I
may use the software until my subscription expires.
☑ I understand that this no-refund policy
applies even if the subscription order occurs on a weekend or holiday.
☑ I understand that because of this
no-refund policy I have taken care to make sure that I understand the hardware
and hardware set-up needs indicated here below.
☑ I understand that use of CoolTrade™
software requires a minimum of 8GB
RAM, and that CoolTrade recommends at least 16 GB with an I7 processor.
☑ I understand that CoolTrade™ software
requires taking control of much of my computer's RAM, and that to execute
trades optimally it should not be interrupted by other programs running on the
same computer.
☑ I understand that CoolTrade™ software
may interfere with my use of other programs while CoolTrade™ is operating. So I
understand that it is best to use CoolTrade™ on a separate computer dedicated
to its use.
☑ I understand that CoolTrade™ software
only runs on Windows 2000 and above, including XP, Vista, Windows 7, Windows 8, and Windows 10.
☑ I understand that CoolTrade™ software
does not operate on Apple computers.
☑ I understand that CoolTrade™ software
does not work with "pink sheet" stocks, penny stocks, commodities,
futures, options, etc, but only with widely traded
stocks on certain major stock exchanges.
☑ I understand that CoolTrade™ software
only works for stocks and ETFs traded on the NYSE, NASDAQ, and AMEX, (over 8000
symbols).
☑ I understand that I can check if a
stock trades using CoolTrade™ software by going to the CoolTrade website and
entering the symbol on "How did your stocks do?" to
see if data is returned. If no data is returned, then that particular stock
symbol will not work with CoolTrade™ software.
☑ I understand that for live brokerage
accounts CoolTrade™ software only works with the trading partners (online
brokers) listed on the CoolTrade website.
☑ I understand that although the
affiliated brokers may trade many different kinds of securities or commodities,
CoolTrade™ software only trades in the securities referred to above.
☑ I understand that CoolTrade™ does not make buy, sell, or hold
recommendations.
☑
I understand that CoolTrade™ does
not make guarantees of profitability from usage of the CoolTrade software.
☑
I understand that the default
strategies provided are for simulation and testing only.
☑
I understand that CoolTrade
cannot make my custom strategies or any other strategies profitable.
☑
I understand that if I run CoolTrade™ software outside of the USA I must change
the Windows?Control Panel ?Regional / Language
setting to "English (United States)."
☑ I understand that CoolTrade™ software
requires my computer to have the same DATE setting as New York during market
hours. The calendar date must be the same.
☑ I understand that CoolTrade™ software
only trades the market during regular market hours. It does not trade on
weekends, exchange holidays, or market after hours.
☑ I understand CoolTrade™ software
support is only available in English through email. If the tech needs to talk or connect to your
computer it is at the tech’s discretion.
☑ I understand that instructions for
download and set up are included with my software order, and also on this
website even before I order. However, if I want live support assistance, I
understand that it must be pre-scheduled after I order, and sometimes may not
be available for up to two business days after I make my request.
☑
I understand that the CoolTrade software runs in STEALTH mode, thus hiding
orders or price goals from public view, and therefore does not submit Limit
Orders ahead of time. The software only submits market orders after the price
targets have been reached.
☑ I understand that CoolTrade™ licenses are for personal, non-commercial use only.
☑ I confirm that this license is not to be used for commercial business purposes. Businesses must contact info@cooltrade.org for business pricing and usage terms.
☑ I understand that if I am a professional stock trader[i] I should contact CoolTrade™ at info@cooltrade.org for the business license rate.
☑ I understand that any transfer
of ownership will incur a $500 (per license year) fee. For example, if I wish to transfer an account
with 2 years remaining on the license then I will pay CoolTrade a $500 X 2 =
$1000 transfer fee.
☑ I understand that Independent (sales)
Associates are independent, and are not employees, agents, or representatives
of CoolTrade, and that their activities are not directly controlled or governed
by CoolTrade. CoolTrade does not honor claims made by any Independent Associate
other than those confirmed on CoolTrade's official
websites or literature. If I have had any concerns or doubts about claims made
by an Independent Associate, I have had the opportunity to verify them through
direct reading of the official literature, or by contacting CoolTrade's
sales support office.
☑ I have been presented with many
scenarios above which may be reasons to want to cancel my CoolTrade™
subscription. Even if I have another reason I acknowledge that I am NOT
entitled to a refund of any subscription fee already paid.
☑ I acknowledge that CoolTrade neither
gives financial advice, on any security or class of securities, nor buy or sell
advice, nor specific strategy advice relating to my particular situation.
☑I understand when connecting with a Broker, additional fees
might be incurred by the Broker. I
should consult with the Broker for clarification and understanding of all
account fees before opening a Brokerage Account.
☑ I
confirm my clear understanding that all presentations or discussions I have overheard,
or have had or will have with CoolTrade support staff or independent associates
are to assist me in simulated trading to help me understand use of CoolTrade™
software, and that when I open a live trading account I will not in any way
rely on their illustrations or suggestions as investing or trading advice.
1. Privacy Policy:
CoolTrade's privacy policy describes how CoolTrade treats your personal
details information that is collected when you visit the CoolTrade web site.
Our detailed Privacy Policy can be viewed by clicking
here. For many services, CoolTrade requires registration. Information is
required for account set-up and to enable us to provide the maximum quality of
service. Member contact information is used to send information about our
company and promotional materials sent from CoolTrade. We may contact customers
for customer satisfaction surveys, payment related issues, and product needs
related issues. We may use this information to help answer your request or
fulfill your order. We may also use this information to improve our services,
to inform you of additional products or services that may be of interest to
you, for marketing purposes, and other internal purposes. For administrative
purposes, we may provide information to third-parties from whom CoolTrade may
license content to enhance our products and services. CoolTrade does not, under
any circumstances, sell, trade or rent your personal
details to any third party. CoolTrade cannot be held responsible for the
content or the privacy policies of external web-sites to which we may link.
2. Information This Privacy Policy
Does Not Apply to:
This privacy policy does not apply
to information collected about you by anyone except CoolTrade. Any information you
provide when you visit web sites other than http://www.Cool-Trade.com or when
you purchase any products or services that may be offered or advertised on
http://www.Cool-Trade.com by companies other than CoolTrade is subject to the
privacy policies of the third party organizations who
run and/or own these web sites.
3. Intellectual Property:
This service, including but not
limited to text, content and graphics, is protected by copyrights, trademarks,
service marks, international treaties, and/or other proprietary rights and laws
of the U.S. and other countries. The Service is also protected as a collective
work or compilation under U.S. copyright and other laws and treaties. All
individual articles, columns, and other elements making up the Service are also
copyrighted works. You agree to abide by all additional copyright notices or
restrictions contained in the financial data provided.
4. Information From
Third Party Sources:
CoolTrade may on occasion combine
information we receive online with information we have obtained through third
party sources to enhance our ability to market those products or services that
may be of interest to you.
5. Web Site Usage Information:
CoolTrade automatically collects IP
addresses and web site usage information from you when you visit the
http://www.Cool-Trade.com web site. This information helps us evaluate how our
users navigate and use our web site. CoolTrade may share or disclose personal
information about you to other companies or individuals when:
5.1) we
have your consent to share the information
5.2) we
utilize third party service providers to provide products, services or
functions on our behalf (such as sending emails or processing credit cards),
and require these service providers to agree to maintain the confidentiality of
your personal information and not to use your personal information for any
reason except to carry out the purpose(s) for which we hired them
5.3) we
need to protect our legal rights (for example, if we are trying to collect
money you owe us or we are trying to enforce our Subscription Agreement or
other agreement with you)
5.4) we
must comply with applicable laws, regulations, or legal or regulatory process;
or
5.5)
in connection with a sale, merger, transfer, exchange, or other disposition
(whether of assets, stock, or otherwise) of all or a portion of the CoolTrade
business.
6. Restrictions on Use:
Are you using this product for
individual benefit?
You agree to use the financial data
solely for your own noncommercial use and benefit, and not for resale or other
transfer or disposition to, or use by or for the benefit of, any other person
or entity.
Are you using this product for
commercial use on behalf of a commercial entity (Corporation, LLP, LLC, S Corp
etc.,)?
You agree to use the financial data
solely for the agreed upon use as designated by you above and benefit, and not
for resale or other transfer or disposition to, or use by or for the benefit
of, any other person or entity.
You may not use the data provided
for any illegal purpose or in any manner inconsistent with the terms.
You agree not to use, transfer,
distribute, or dispose of any information contained in the Service and/or tools
in any manner that could compete with the business of CoolTrade, Inc.
You acknowledge that the financial
data has been developed, compiled, prepared, revised, selected and arranged by
CoolTrade and others (including certain other information sources) through the
application of scientific methods and standards of judgment developed and
applied through the expenditure of substantial time, effort and money and
constitutes valuable intellectual property and trade secrets of CoolTrade.
You agree to protect the proprietary
rights of CoolTrade during and after the term of this agreement and to comply
with all reasonable written requests made by CoolTrade or its suppliers of
content, equipment or otherwise to protect their and others' contractual,
statutory and common law rights.
You agree to notify CoolTrade in
writing promptly upon becoming aware of any unauthorized access or use of the
financial data by any party.
An account is required for you to
access and use the Service and/or tools, which may be accessed and used only by
those authorized individuals who are registered with CoolTrade. To open an
account, you must complete the registration process by providing CoolTrade with
current, complete and accurate information as prompted by the registration
form. In doing so, you represent that you are authorized to create and access
an account established on behalf of the business entity indicated in the
registration process. Should CoolTrade suspect that such information is untrue,
inaccurate, not current or incomplete, CoolTrade has the right to suspend or
terminate your usage of the Service. Accounts are non-transferable and cannot
be “shared” or used by more than one individual or entity. Following your
acceptance of this Agreement and your return to the registration page of the
Service, you will be prompted to complete the initial registration and payment
steps. Once you have become an authenticated user, you will be given one or
more personal, non-transferable passwords. You are and will be responsible for
maintaining the confidentiality of that password, for all activities conducted
on and with the Service and/or tools that make use of that password, and for
any usage charges incurred by the use of that password, including any use that
you may subsequently contend was not unauthorized by you.
Cooltrade reserves the right to refuse service and usage of
the software to any person or entity when it is deemed by the company that said
usage could potentially harm the company materially or financially.
7. Further Restrictions on Use:
You may not copy, reproduce,
recompile, reverse engineer, distribute, publish, display, modify, transmit, or
in any way exploit any part of the data, except that you may download or make
one print copy of this service for your own personal, non-commercial use, provided
that all copyright and other proprietary notices are retained. The data
included in CoolTrade may not be recirculated, redistributed or published
without prior written consent from CoolTrade. Modification of the content is a
violation of CoolTrade copyright. No part of this data may be offered for sale
or redistributed unless specifically authorized in writing.
8. License:
You acquire absolutely no rights or
licenses in or to the financial data and materials contained therein other than
the limited right to utilize the same in accordance with the terms. Should you
choose to download content, you must do so in accordance with the terms. Such
download is licensed to you by CoolTrade only for your own personal,
noncommercial use in accordance with the terms and does not transfer any other
rights to you.
9. Links to Third Party Sites:
The Service may contain links to
third-party web sites not under the control or operation of CoolTrade.
CoolTrade provides these links only for convenience, and does not endorse or
sponsor these web sites. CoolTrade is not responsible for the contents of any
linked sites or sites linked with any linked site.
10. Requirements:
You agree that you are responsible
for obtaining and maintaining all computer hardware, software, communications
equipment, and access lines necessary to access the Service and/or tools. You
shall bear all costs and expenses associated with such materials as well as
your rights and obligations under this Agreement and the Service.
11. Rights Reserved:
All present and future rights in and
to trade secrets, patents, copyrights, trademarks, service marks, know-how and
other proprietary rights of any type under the laws of any governmental authority,
domestic or foreign, including rights in and to all applications and
registrations shall, as between you and CoolTrade, at all times be and remain
the sole and exclusive property of CoolTrade. You must treat the data files
like any other copyrighted material (such as a book) except that you may make
copies of the data files solely for backup purposes, and transfer the data
files to hard disks provided that the data files are used as specified in this
Agreement. Through the Service and/or tools, you will be permitted to view,
print and download certain information and materials owned by CoolTrade Except
as specifically permitted by the terms, you may not copy or make any use of the
financial data or any portion thereof. Except as specifically permitted herein,
you shall not use the trademarks, trade names, service marks, trade dress,
logos or titles of CoolTrade, or the names of any individual participant, or
contributor, or any variations or derivatives thereof, for any purpose, without
CoolTrade's prior written approval.
12. Disclaimer:
You agree that your use of the
financial data is at your sole risk. You acknowledge that the service is
provided for information purposes only and is not intended for trading
purposes. YOU ACKNOWLEDGE THAT COOLTRADE IS NOT A BROKER OR INVESTMENT ADVISOR
AND DOES NOT MAKE BUY, SELL, OR HOLD RECOMMENDATIONS. The service includes
information taken from the company’s annual and quarterly reports, New York
Stock Exchange, American Stock Exchange, NASDAQ and other sources, CoolTrade
does not guarantee the sequence, accuracy, completeness or timeliness of the
service and the provision of certain parts of the service is subject to the
terms and conditions of other agreements to which CoolTrade is a party.
Information is obtained by CoolTrade from sources it believes to be reliable.
However, because of possible human or mechanical error by CoolTrade or its
sources, CoolTrade cannot guarantee the accuracy, adequacy or completeness of
any information and is not responsible for any errors or omissions or for
results obtained from use of such information. Accordingly, anything to the
contrary herein set forth notwithstanding, CoolTrade, its officers and
employees, general partner, affiliates, subsidiaries, successors and assigns,
suppliers and its third-party agents shall not, directly or indirectly, be
liable, in any way, to you or any other person for any inaccuracies or errors
in or omissions from the Service including, but not limited to, quotes and
financial data, abstracts, delays, errors or interruptions in the transmission
or delivery of the Service or any loss or damage arising there from or
occasioned thereby, or by any reason of nonperformance.
13. Limitation of Liability:
Under no circumstances, including
but not limited to negligence, shall CoolTrade, its suppliers and its third
party agents be liable to you for direct, indirect, incidental, consequential,
special, punitive or exemplary damages even if a CoolTrade authorized
representative has been advised specifically of the possibility of such
damages, arising from use of or inability to use the service or any provision
of the terms, such as, but not limited to, loss of revenue or anticipated
profits or lost business. Applicable law may not allow the limitation or
exclusion of liability or incidental or consequential damages. In no event
shall CoolTrade's total liability to you for all
damages, losses, and causes and action (whether in contract or tort, including
but not limited to negligence) exceed the amount paid by you, if any, for
accessing this site.
14. Indemnification:
You agree, at your own expense, to
indemnify, defend, and hold harmless CoolTrade, and its employees,
representatives, Suppliers, and agents, against any claim, suit, action, or
other proceeding brought against CoolTrade, its employees, representatives,
suppliers, and agents, by a third party, to the extent that such claim, suit,
action or other proceeding brought against CoolTrade, its employees,
representatives, suppliers, and agents is based on or arises in connection with
the financial data.
15. Fees and Renewals:
Payment of the applicable
subscription fee is due in advance of the subscription period you select.
Subscription fees will be billed automatically at the beginning of your
subscription period to the credit card designated by you during the
registration process (or subsequently changed). All fees and charges are
nonrefundable. Your subscription will continue and will renew automatically
unless terminated by CoolTrade in accordance with this agreement or unless you
notify us of your decision to cancel your renewal. The appropriate monthly, annual or other periodic fee for
your subscription will be billed automatically at the beginning of each renewal
period to the credit card designated by you during the registration process (or
subsequently changed) unless you cancel your subscription before the relevant
renewal period begins. You agree to pay all fees and charges incurred in
connection with your username and password (including applicable taxes) at the
rates in effect when the charges were incurred. CoolTrade may change the fees
or charges for use of the site or any portion thereof. Any change to the fees
or charges for use of the site during your existing subscription period will
become effective at the beginning of the first renewal period following notice
of such change. You hereby agree to accept notices of any change of fees or
charges by the posting of such information on the site or by email, as
determined by CoolTrade in its sole discretion.
16. Recovery of Expenses:
CoolTrade shall have the right to
recover from you all reasonable expenses incurred in connection with collecting
overdue amounts, including, but not limited to reasonable collection costs and
attorney's fees.
17. Termination:
CoolTrade
may terminate this agreement and your use of the Service at any time, with or
without cause. Your cancellation will be effective either immediately or at
the end of your current subscription period. All fees and charges
are nonrefundable. You may terminate your usage of the
software at any time, but all fees previously paid by you are
nonrefundable.
18. Termination of Agreements:
In addition, CoolTrade may terminate
this Agreement and/or your use of the Service with or without cause immediately
upon notice. All provisions of this Agreement regarding confidentiality,
ownership, indemnification and limitations of liability shall survive
termination of this Agreement. Upon termination by you or upon notice of
termination by CoolTrade, you must destroy promptly all materials obtained and
any copies thereof. All fees and charges are nonrefundable.
19. Communications:
CoolTrade may give notice by means
of a general notice on the Service, electronic mail to your e-mail address on
record in CoolTrade’s account information, or by
written communication sent by first class mail to your address on record in CoolTrade’s account information. You may give notice to
CoolTrade (such notice shall be deemed given when received by CoolTrade) at any
time by electronic
mail to CustomerSupport@Cool-Trade.com.
20. Governing Law:
This Agreement shall be governed and
construed in accordance with the laws of the United States and Arizona State,
without giving effect to conflicts of law principles thereof. You agree to
submit to the personal jurisdiction of the state and federal courts located in
Maricopa County in Arizona with respect to any legal proceedings that may arise
in connection with the Service or from a dispute as to the interpretation or
breach of the terms of service. You expressly consent and irrevocably submit to
the exclusive personal jurisdiction and venue of such courts, and agree that
such courts are convenient forums.
21. Accessing CoolTrade outside the
United States:
CoolTrade controls and operates from
its location in the United States of America and is subject to the United
States Export Administration Laws and Regulations. CoolTrade does not represent
that materials in the Service and/or tools are appropriate or available for use
in countries outside the United States. If you choose to access the Service
and/or tools from outside the United States, you are responsible for compliance
with foreign and local laws. Software is further subject to United States
export controls and may not be downloaded, exported, or reexported
into any country to which the U.S. has embargoed goods or to anyone on the U.S.
Treasury Department's Table of Deny Orders. By using the Service and/or tools,
you represent and warrant that you are not located in, controlled by, or a
national or resident of any such country or on any such list.
22. Testimonials:
Client testimonials on the CoolTrade
website are unsolicited.
23. Miscellaneous:
You accept that CoolTrade has the
right to change the content or functionality of any aspect of the Service
and/or tools at any time at CoolTrade's sole
discretion. You further accept that such changes may result in your being
unable to access some or all services.
24. Inoperability:
You acknowledge that the Service may
become inoperable for periods of time due to causes beyond the reasonable
control of CoolTrade such as denial of service attacks, virus infestations, and
power or communications outages. To the extent that the cause of inoperability
is within the reasonable control of CoolTrade, the Service will be restored
promptly following the cessation of such cause(s).
25. Understanding:
The Agreement and any amendments
contain the entire understanding of the parties with respect to the subject
matter addressed herein and supersedes, replaces and merges all prior
understandings, promises, representations and agreements, whether written or
oral, relating thereto. CoolTrade reserves the right to amend this Agreement at
any time by posting the amended terms on the Service, as described above or in
the Service. The amended terms shall be effective on the date identified on the
Service. This Agreement may only be amended by you in a writing signed by
CoolTrade.
26. Jurisdiction:
If any provision of this Agreement
is held by a court of competent jurisdiction to be invalid or unenforceable,
then such provision(s) shall be construed, as nearly as possible, to reflect
the intentions of the invalid or unenforceable provision(s), with all other
provisions remaining in full force and effect.
27. Relationship:
The relationship between you and
CoolTrade is that of independent contract. No joint venture, partnership,
employment, or agency relationship exists between you and CoolTrade as a result
of this Agreement or your access to our use of the service and/or the data
files. Neither party has the authority to create any obligations for the other,
or to bind the other to any representation, statement or document.
28. Assignment of Agreement:
You may not assign this Agreement,
in whole or in part, without CoolTrade’s prior
express written consent, which may be withheld at CoolTrade’s
sole discretion. Any attempted assignment without such written consent shall be
void. Subject to the foregoing, this Agreement will be binding upon and will
inure to the benefit of the parties and their respective successors and
assigns.
29. Severability of terms:
If any
provision of the terms is found invalid or unenforceable, that provision will
be enforced to the maximum extent, and the other provisions of this Agreement
will remain in force.
30. Disputes:
Any dispute or claim relating in any
way to your use of any CoolTrade service, or to any products or services sold
or distributed by CoolTrade, Inc will be resolved by
binding arbitration, rather than in court. The Federal Arbitration Act and
federal arbitration law apply to this agreement.
There is no judge or jury in
arbitration, and court review of an arbitration award is limited. However, an arbitrator
can award on an individual basis the same damages and relief as a court
(including injunctive and declaratory relief or statutory damages), and must
follow the terms of these Conditions of Use as a court would.
We each agree that any dispute resolution
proceedings will be conducted only on an individual basis and not in a class,
consolidated or representative action. If for any reason a claim proceeds in
court rather than in arbitration we each waive any right to a jury trial.
Any controversy or claim arising out of or
relating to this contract, or the breach thereof, shall be settled by
arbitration administered by the American Arbitration Association in accordance
with its Commercial [or other] Arbitration Rules, and judgment on the award
rendered by the arbitrator(s) may be entered in any court having jurisdiction
thereof. The AAA's rules are available at www.adr.org or by calling
1-800-778-7879. Payment of all filing, administration and arbitrator fees will
be governed by the AAA's rules.
31. Agreement in entirety:
The terms are the entire agreement
between you and CoolTrade.
[i] A professional
trader is any person that meets the following criteria:
·
Is registered or qualified with: the Securities
and Exchange Commission, the Commodities Futures Trading Commission, any state
securities agency, any securities exchange or association, or any commodities
or futures contract market or association.
·
Is engaged as an "investment advisor"
as that term is defined in Section 201(11) of the Investment Advisor's Act of
1940 (whether or not registered or qualified under that Act).
·
Is
involved with the management of funds for others. Such as “Investment
Advisor”, “Hedge Fund”, “Investment Club”, etc.)