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⚠ DRAFT — NOT YET LEGALLY REVIEWED. This text was drafted to reflect a specific business model (a locally-installed trading tool, sold under a flat subscription, where each customer runs their own independent copy against their own MT5 account and controls their own risk settings) and must be reviewed and finalized by a licensed Australian lawyer before it is relied on with real customers. Bracketed placeholders must be completed before use.

Part 1 — Terms of Service

1. Acceptance of Terms

These Terms of Service ("Terms") form a binding legal agreement between you ("you", "User", or "Customer") and [Company Legal Name] Pty Ltd (ACN [ACN Number]) trading as PRA Command Center ("Company", "we", "us", or "our"), governing your access to and use of the PRA Command Center software, website, and any related services (collectively, the "Service").

By creating an account, purchasing a subscription, downloading, installing, or using the Service in any way, you acknowledge that you have read, understood, and agree to be bound by these Terms and the accompanying End User License Agreement (Part 2 of this document, the "EULA"). If you do not agree to these Terms in full, you must not access or use the Service.

You must actively accept these Terms via a clear "I Agree" or equivalent affirmative action during account creation and again before first activating the software (a "click-wrap" acceptance). Continued use of the Service after any update to these Terms (see Section 17) constitutes your acceptance of the updated Terms.

2. Description of the Service

PRA Command Center is a software application that you install and run on your own computer. It connects to a MetaTrader 5 ("MT5") terminal that you separately install, configure, and log into using your own trading account credentials with a broker of your own choosing.

The Service is a software execution and trade-logging tool. It is not:

  • a financial product or financial service;
  • financial advice, a financial product recommendation, or "general" or "personal" advice of any kind within the meaning of the Corporations Act 2001 (Cth) or any equivalent law in your jurisdiction;
  • a managed account, discretionary trading service, or fund of any kind;
  • a broker, dealer, or introducing broker; and
  • a guarantee or representation, express or implied, of any trading outcome.

The Company does not have access to, custody of, or control over your funds, your broker account, or your MT5 login credentials at any time. All trading activity occurs directly between your MT5 terminal and your chosen broker. Every installation of the Service operates independently on the User's own hardware against the User's own account; the Company does not operate a central trading account, does not aggregate or copy trades between Users, and does not transmit live trading signals from the Company's own systems to your installation.

3. Eligibility

You represent and warrant that you:

  • are at least 18 years of age (or the age of legal majority in your jurisdiction, if higher);
  • have full legal capacity and authority to enter into these Terms;
  • are not located in, and are not a citizen or resident of, any jurisdiction where use of automated trading software of this nature is prohibited or restricted by law;
  • hold, or will hold before activating the Service, a live or demo trading account with a MetaTrader 5-compatible broker in your own name; and
  • are solely responsible for determining whether your use of the Service complies with the laws applicable to you, including any licensing, registration, tax, or reporting obligations in your own jurisdiction.

The Company reserves the right to refuse, suspend, or terminate access to the Service for any person or in any jurisdiction at its sole discretion.

4. Account Registration and License Keys

To use the Service, you must register an account on our website and hold an active subscription. In exchange, you will be issued a unique license key that activates your installation of the software.

You agree to:

  • provide accurate, current, and complete information during registration and keep it up to date;
  • keep your account credentials and license key confidential and not share, sell, sublicense, or transfer them to any other person;
  • immediately notify us of any unauthorized use of your account or license key; and
  • accept responsibility for all activity that occurs under your account and license key, whether or not authorized by you.

A license key entitles activation on the number of devices/installations specified in your subscription plan. We may revoke or deactivate a license key at any time in accordance with Section 11 (Termination and Suspension).

5. Subscription Fees, Billing, and Refunds

  • Flat fee only. The Service is offered under a flat, recurring subscription fee disclosed at the time of purchase. The Company does not, and will not, charge a fee calculated as a percentage of your trading profits, account balance, or trading volume. Your subscription fee is payable regardless of your trading outcomes, whether positive, negative, or nil.
  • Billing. Subscription fees are billed in advance on a recurring basis (e.g. monthly or annually, as selected at purchase) via the payment method you provide. You authorize us to charge that payment method automatically at each renewal.
  • Price changes. We may change subscription pricing on notice as described in Section 17; changes take effect from your next billing cycle.
  • Cancellation. You may cancel your subscription at any time via your account dashboard, effective at the end of the current billing period. No partial-period refunds are provided for cancellation.
  • Refunds. Except where required by the Australian Consumer Law or other applicable law, fees paid are non-refundable, including where you choose not to use the Service, disagree with its trading outcomes, or have your access suspended or terminated for a breach of these Terms.
  • Failed payments. If a renewal payment fails, we may suspend your license key until payment is resolved.

6. No Financial Advice; No Guaranteed Returns

Nothing provided through the Service — including its software outputs, trade signals it generates for your own installation, marketing materials, website content, or any communication from the Company or its representatives — constitutes financial product advice, a recommendation, or a solicitation to buy or sell any financial product.

You acknowledge and agree that:

  • no employee, representative, or affiliate of the Company is authorized to guarantee, promise, or imply any specific trading result, profit, or rate of return, and any statement to that effect, whether written or verbal, is not binding on the Company and should not be relied upon;
  • any past performance figures, backtests, hypothetical results, or trade history shown by the Company (including the Company's own live results, if published) are illustrative only, do not guarantee future results, and may not reflect the performance you achieve with your own settings, broker, execution quality, or market conditions; and
  • you have made your own independent decision to use the Service and have not relied on any advice or recommendation from the Company in doing so.

7. Risk Disclosure

Trading foreign exchange and other leveraged financial products carries a high level of risk and may not be suitable for all users. You could lose some or all of your invested capital, and in some account structures, more than your initial deposit. Before using the Service, you should carefully consider your financial situation, risk tolerance, and level of experience.

You specifically acknowledge that:

  • automated and algorithmic trading systems can malfunction, behave unexpectedly, or produce unintended orders as a result of software defects, connectivity failures, broker-side issues, market anomalies (including gaps, slippage, and periods of extreme volatility), or incorrect configuration by you;
  • the Service relies on third-party infrastructure outside the Company's control, including your internet connection, your MT5 terminal, and your broker's servers and execution, any of which may fail, be delayed, or behave unpredictably;
  • leverage magnifies both potential gains and potential losses; and
  • no trading system, algorithm, or strategy — including this one — can eliminate the risk of loss.

You trade entirely at your own risk and using your own funds. The Company is not a party to, and has no interest in, any trade placed through your MT5 account.

8. User Responsibilities and Risk Configuration

The Service is designed so that you, the User, retain and exercise control over the risk parameters applied to your own trading account, including (without limitation) risk-per-trade sizing, maximum daily loss limits, maximum concurrent positions, and the ability to pause or disable automated trading at any time ("Autonomous Mode") through the software's own controls.

You are solely responsible for:

  • selecting and configuring these risk parameters in a manner appropriate to your own financial circumstances and risk tolerance;
  • monitoring your MT5 account and the Service's operation on a reasonably regular basis;
  • maintaining a stable internet connection, adequate hardware, and a properly configured MT5 terminal for the Service to operate as intended;
  • your choice of broker, and any acts, omissions, fees, slippage, requotes, or execution issues attributable to that broker; and
  • immediately disabling Autonomous Mode or closing positions yourself if you no longer wish the Service to operate on your account.

The Company has no visibility into, and no ability to control, your MT5 account, your broker relationship, or your risk configuration once installed, except to the extent the software itself reports status information back to you within your own installation.

9. Prohibited Conduct

You must not:

  • reverse engineer, decompile, disassemble, or otherwise attempt to derive the source code, underlying algorithms, or trade logic of the Service, except to the extent such restriction is prohibited by applicable law;
  • copy, resell, sublicense, rent, lease, or distribute the Service or any license key to a third party;
  • use the Service to provide trading signals, advice, or automated execution to any third party, including operating your own copy-trading or signal-distribution service built on top of the Service;
  • circumvent or attempt to circumvent any license activation, usage limit, or security control;
  • use the Service for any unlawful purpose or in a manner that breaches any law or regulation applicable to you; or
  • misrepresent your affiliation with the Company, or use the Company's name, branding, or claimed results in your own marketing without prior written consent.

10. Third-Party Services

The Service is designed to interoperate with MetaTrader 5, a platform owned and operated by MetaQuotes Ltd, and with the trading server of a broker of your choosing. The Company:

  • is not affiliated with, endorsed by, or acting on behalf of MetaQuotes Ltd or any broker;
  • has no control over, and makes no representation regarding, the availability, reliability, pricing, execution quality, or conduct of MT5 or any broker; and
  • is not responsible for any loss, cost, or damage arising from an act, omission, outage, or policy of MetaQuotes Ltd or your broker.

Your relationship with your broker is governed entirely by your own separate agreement with that broker, to which the Company is not a party.

11. Termination and Suspension

You may stop using the Service and cancel your subscription at any time in accordance with Section 5.

We may suspend or terminate your account, license key, and access to the Service, with or without notice, if:

  • you breach these Terms or the EULA;
  • your payment fails or is disputed/charged back;
  • we reasonably suspect fraud, abuse, unauthorized sharing of a license key, or unlawful use;
  • we are required to do so by law or by a competent authority; or
  • we decide to discontinue the Service generally, in which case we will provide reasonable notice where practicable.

Upon termination, your license to use the software immediately ends (see EULA Section 5), and you must cease all use of the Service and delete any installed copies. Sections of these Terms which by their nature should survive termination (including, without limitation, Sections 6, 7, 12, 13, 14, and 16) will survive.

12. Disclaimers of Warranties

To the maximum extent permitted by law, the Service is provided "as is" and "as available", without warranty of any kind, whether express, implied, or statutory, including any implied warranties of merchantability, fitness for a particular purpose, non-infringement, accuracy, or that the Service will be uninterrupted, error-free, or secure.

Without limiting the foregoing, the Company does not warrant that:

  • the Service will generate profitable trades or any particular trading outcome;
  • the Service will be compatible with every broker, account type, or MT5 build;
  • defects will be corrected, or that the Service is free of bugs, vulnerabilities, or errors; or
  • any connection to MT5, your broker, or the internet will be uninterrupted or free from delay.

Nothing in this Section excludes, restricts, or modifies any consumer guarantee, right, or remedy conferred on you by the Australian Consumer Law (Schedule 2 to the Competition and Consumer Act 2010 (Cth)) or any other applicable law that cannot lawfully be excluded. Where such a guarantee applies and cannot be excluded, the Company's liability for its breach is limited, to the extent permitted by law, to the resupply of the Service or the cost of resupply.

13. Limitation of Liability

To the maximum extent permitted by law, and subject always to Section 12:

  • the Company, its directors, employees, and affiliates will not be liable for any trading losses, lost profits, lost opportunity, or any indirect, incidental, special, consequential, or punitive damages arising out of or in connection with your use of, or inability to use, the Service, regardless of the legal theory on which the claim is based, even if the Company has been advised of the possibility of such damages;
  • the Company's total aggregate liability to you for any claim arising out of or in connection with these Terms or the Service, however arising, will not exceed the total subscription fees you paid to the Company in the twelve (12) months immediately preceding the event giving rise to the claim; and
  • the Company is not liable for any loss caused, in whole or in part, by your own configuration choices, your broker's conduct or execution, your internet or hardware failures, or any event outside the Company's reasonable control.

Some jurisdictions do not allow the exclusion or limitation of certain damages; in such jurisdictions, the above limitations apply only to the maximum extent permitted.

14. Indemnification

You agree to indemnify, defend, and hold harmless the Company, its directors, officers, employees, and affiliates from and against any claims, liabilities, damages, losses, costs, or expenses (including reasonable legal fees) arising out of or in any way connected with:

  • your breach of these Terms or the EULA;
  • your trading activity, your MT5 account, or your broker relationship;
  • your configuration of the Service's risk settings; or
  • your violation of any law or the rights of any third party.

This obligation survives termination of these Terms.

15. Privacy and Data

We collect and process personal information you provide when creating an account (such as your name, email, and payment details) in accordance with our Privacy Policy, published separately on our website, and the Australian Privacy Principles under the Privacy Act 1988 (Cth).

The Company does not collect, store, transmit, or have any access to your MT5 login credentials, broker passwords, or trading account funds. Your MT5 credentials remain local to your own installation at all times. The Service may transmit limited, non-financial diagnostic or license-validation data (such as your license key and activation status) to our servers solely to operate and secure the Service; the specifics of what is collected are set out in the Privacy Policy.

16. Governing Law and Dispute Resolution

These Terms are governed by the laws of [State/Territory — e.g. New South Wales], Australia, without regard to conflict-of-law principles. You submit to the non-exclusive jurisdiction of the courts of that State/Territory and the Commonwealth of Australia.

Before commencing formal proceedings, the parties agree to first attempt in good faith to resolve any dispute arising out of or relating to these Terms through informal negotiation by contacting the other party in writing.

Nothing in this Section limits any right you have under the Australian Consumer Law or any other law that cannot be excluded by agreement.

17. Changes to These Terms

We may update these Terms from time to time. If we make a material change, we will provide reasonable notice by email or an in-app/website notice before the change takes effect. Your continued use of the Service after the effective date of any change constitutes acceptance of the revised Terms. If you do not agree to a change, your sole remedy is to cancel your subscription before the change takes effect.

18. Contact Information

Questions about these Terms should be directed to:

[Company Legal Name] Pty Ltd (ACN [ACN Number])
[Registered Address]
Email: [support/legal email address]

Part 2 — End User License Agreement (EULA)

1. Grant of License

Subject to your ongoing compliance with these Terms and payment of applicable subscription fees, the Company grants you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to install and use one (1) copy of the PRA Command Center software per activated license key, on hardware you own or control, solely for your own personal or internal trading activity on your own MT5 account(s).

This license does not grant you any ownership interest in the software. All rights not expressly granted to you are reserved by the Company.

2. License Restrictions

You must not, and must not permit any third party to:

  • copy, modify, adapt, translate, or create derivative works of the software, except to the extent the software's own settings and configuration options are expressly provided for that purpose;
  • reverse engineer, decompile, disassemble, or otherwise attempt to discover the source code, underlying trading logic, or algorithms embedded in the software, except to the extent such restriction is prohibited by applicable law;
  • remove, obscure, or alter any proprietary notice, trademark, or branding contained in or on the software;
  • rent, lease, lend, sell, sublicense, assign, distribute, publish, or otherwise transfer the software or your license key to any third party;
  • use the software to provide services to third parties, including operating a signal, copy-trading, or trade-management service on their behalf; or
  • use the software on any account other than your own without the express written consent of the Company.

3. Intellectual Property Ownership

The software, including its source code, object code, trading logic, algorithms, decision engine, user interface, design, documentation, and all associated intellectual property rights, is and remains the exclusive property of the Company (or its licensors). This EULA grants you a license to use the software; it does not sell or transfer any intellectual property rights to you.

Any trade data, logs, or history generated by your own use of the software on your own account remains yours; the Company claims no ownership over your personal trading records.

4. Updates and Modifications

The Company may, from time to time and at its discretion, release updates, patches, or new versions of the software. Depending on the software's configuration, updates may be applied automatically or may require your action to install. The Company may add, change, or remove features, including the specific trading logic or strategy parameters the software applies, as part of an update.

The Company is under no obligation to maintain, support, or continue distributing any particular version of the software indefinitely.

5. Term and Termination of License

This license takes effect when you first activate the software with a valid license key and continues until the earlier of: (a) your subscription ending or being cancelled; (b) the Company terminating your license under Section 11 of the Terms; or (c) you uninstalling the software and ceasing all use.

Upon termination for any reason, your right to use the software ends immediately. You must uninstall the software and cease all use. Sections 2, 3, 6, and 7 of this EULA survive termination.

6. No Warranty

The software is licensed "as is", without warranty of any kind, to the maximum extent permitted by law. The Company does not warrant that the software will be error-free, uninterrupted, secure, or fit for any particular trading strategy or outcome. This Section is subject to, and does not exclude, any consumer guarantee that cannot lawfully be excluded under the Australian Consumer Law (see Terms Section 12).

7. Limitation of Liability

The limitations of liability set out in Section 13 of the Terms of Service apply equally to this EULA and are incorporated here by reference. In no event will the Company's liability arising out of or relating to this license exceed the amount you paid for the subscription giving rise to the relevant license key in the twelve (12) months preceding the claim.

8. Entire Agreement; Severability; Acknowledgment

This EULA, together with the Terms of Service and the Privacy Policy, constitutes the entire agreement between you and the Company regarding your use of the software, and supersedes any prior agreements or understandings, written or oral, on that subject.

If any provision of this EULA is found by a court of competent jurisdiction to be invalid or unenforceable, that provision will be limited or eliminated to the minimum extent necessary, and the remaining provisions will remain in full force and effect.

By clicking "I Agree", installing, or using the software, you acknowledge that you have read this End User License Agreement, understand it, and agree to be bound by its terms.

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