Legal

Terms of Service & EULA

The full agreement governing your use of PRA Command Center and PRA HYPR — organized so the parts that matter most (what you're agreeing to about risk and liability) are easy to actually find.

Notice Currently being updated and reviewed

These Terms are reviewed and updated periodically as PRA Command Center's and PRA HYPR's features and services evolve. Check back for the latest version.

Read this first PRA Software is not responsible for any money you lose

PRA Software — and every person acting on its behalf, including its directors, officers, employees, contractors, agents, and representatives — accepts no responsibility and no liability whatsoever for trading losses of any kind. You trade entirely at your own risk, with your own money, in your own account. This software does not guarantee profit, does not protect you from loss, and no one representing PRA Software is authorized to tell you otherwise. See Risk Disclosure and Limitation of Liability below for the full terms.

PRA HYPR Tuning a vehicle can damage it and cause injury

PRA Software — and every person acting on its behalf — accepts no responsibility or liability for damage to a vehicle, injury, or any other loss arising from use of PRA HYPR or its AI suggestions. Changing a vehicle's tune carries real physical, safety, warranty and legal risks, and you do so entirely at your own risk. See Part 3 — PRA HYPR below.

Part 1

Terms of Service — The Basics

Who this agreement is between, what the Service actually is (and isn't), who can use it, and how accounts and license keys work.

1. Acceptance of Terms

These Terms of Service ("Terms") form a binding legal agreement between you ("you", "User", or "Customer") and PRA Software, trading as PRA Command Center ("Company", "we", "us", or "our"), governing your access to and use of the PRA Command Center software, the PRA HYPR software (see Part 3), the 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).

05–06

Fees, Refunds & No Guaranteed Returns

How billing works, and why nothing the Company (or anyone representing it) says should ever be read as a promise about your results.

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 director, officer, employee, contractor, agent, 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.
07–08

Risk Disclosure & Your Responsibilities

The most important section in this document. Read it in full before using the Service.

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. Neither the Company nor any of its directors, officers, employees, contractors, agents, representatives, or affiliates bears any responsibility for the outcome of your trading, whether that outcome is a loss, a gain, or anything in between.

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.

09–11

Conduct, Third Parties & Termination

What you can't do with the Service, where MetaQuotes/your broker fit in, and how an account can end.

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.

12–14

Warranties, Liability & Indemnification

The formal version of "we're not responsible for your trading losses" — what's disclaimed, what's capped, and what you'd owe us if your use of the Service causes us a loss.

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, and its directors, officers, employees, contractors, agents, representatives, 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, and its directors, officers, employees, contractors, agents, representatives, 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.

15–17

Privacy, Governing Law & Changes

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 the Australian Capital Territory, Australia, without regard to conflict-of-law principles. You submit to the non-exclusive jurisdiction of the courts of that 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, queries or doubtful points? Direct them to PRA Software via the Help page.

Part 2

End User License Agreement (EULA)

The license terms specifically for the software itself — what you're allowed to do with it, what you're not, and who owns what.

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.

Part 3

PRA HYPR — Car Tuning Software

Extra terms that apply when you use PRA HYPR. Vehicle tuning carries real physical, safety and legal risks — read the risk section in full before you use it.

3.1 How this Part works

This Part 3 applies to PRA HYPR (the "HYPR Software"). In this Part, "Service" includes the HYPR Software. The general terms in Part 1 — including conduct and termination (clauses 9–11), warranties, limitation of liability and indemnification (clauses 12–14), and privacy, governing law and changes (clauses 15–17) — and the End User License Agreement in Part 2 apply to the HYPR Software as well. For the HYPR Software, references in those parts to trading, MetaTrader 5, brokers and trading losses are to be read as references to vehicles, tuning and vehicle-related loss. If this Part 3 conflicts with another part in relation to the HYPR Software, this Part 3 prevails.

3.2 What PRA HYPR is — and is not

PRA HYPR is desktop software that can connect to a vehicle through an OBD2 adapter that you supply, read vehicle data, and use artificial intelligence to analyse it and suggest diagnostic information and tuning changes. It is a software tool only. It is not a mechanic, a licensed tuner, an engineer, a dyno facility, a vehicle inspection, or professional advice of any kind.

Its output is suggestions for you to consider, not instructions. Nothing in the software guarantees any change in power, torque, fuel economy, reliability, emissions or any other result.

3.3 Vehicle, safety & legal risk

Changing the settings of a vehicle's engine, transmission or control units is inherently risky. You acknowledge and accept that:

  • changes can damage or destroy the engine, drivetrain, turbocharger, emissions equipment, control units, sensors or other parts, sometimes without warning;
  • changes can reduce reliability, durability, fuel economy or drivability, and can create unsafe conditions that may cause an accident, serious injury or death to you or to other people;
  • changes may void the vehicle's manufacturer or dealer warranty, and may affect your insurance cover, including a claim being refused;
  • changes may make a vehicle non-compliant with road-use, emissions, noise, registration or inspection requirements where you live, and you may be fined or the vehicle may be treated as unroadworthy;
  • AI output can be wrong, incomplete, out of date or unsuitable for your particular vehicle, modifications, fuel, climate or condition — PRA HYPR cannot see or verify your vehicle's actual mechanical condition;
  • safety checks, warnings and risk ratings in the software are aids only, and the absence of a warning does not mean a change is safe; and
  • OBD2 adapters and connections can fail, drop out or behave unexpectedly, including part-way through a read or write, which can leave a control unit in an unusable state.

You use PRA HYPR entirely at your own risk. Nothing in the software replaces advice from a suitably qualified professional.

3.4 Your responsibilities

You agree that you will:

  • only use the software on a vehicle that you own, or that you have the owner's written permission to modify;
  • never use the software, or operate a connected computer or adapter, while driving, and only apply and test changes where it is safe and lawful to do so — on a closed course or dyno where appropriate, not on public roads;
  • take your own complete backup of the vehicle's original settings before making any change, and keep it safe;
  • review every suggested change yourself, and obtain qualified professional advice if you are not certain it is safe;
  • stop immediately and seek professional help if a warning light, noise, smell, loss of power or any other abnormal behaviour appears;
  • make sure the vehicle is in good mechanical condition, properly maintained, and lawful to modify where you live; and
  • comply with all laws that apply to modifying and using your vehicle.

3.5 No liability for vehicle damage or related loss

To the maximum extent permitted by law, PRA Software — and every person acting on its behalf, including its directors, officers, employees, contractors, agents, representatives and affiliates — accepts no responsibility and no liability for: damage to or loss of a vehicle, engine, control unit or any other part; personal injury or death; loss of warranty or insurance cover; fines, penalties, impoundment, or loss of roadworthiness or registration; loss of use, repair or towing costs; or any indirect or consequential loss — in each case arising from your use of, or reliance on, the HYPR Software or its output.

The limitation of liability in clause 13 and the indemnity in clause 14 apply to the HYPR Software. Nothing in these Terms excludes or limits any right you have under the Australian Consumer Law that cannot lawfully be excluded.

3.6 License, term & activation

  • Personal license. A PRA HYPR license is personal, non-exclusive and non-transferable, tied to a license key issued to you, and lasts for the term stated when you obtain it (currently 12 months from issue). When the term ends the software stops working until you renew. A renewal is issued as a new license key, which you must enter in the software.
  • How activation works. The software verifies your license key on your own computer. About once a month it also checks in with PRA Software over the internet, sending only your license key, a randomly generated device identifier and your computer's name — so that cancelled, refunded, replaced or over-shared keys can be switched off, and so that your devices can be shown in your account. If it cannot connect, it keeps working for a grace period and then asks you to reconnect.
  • Switching a key off. We may disable a key that has been cancelled, refunded, charged back, replaced, shared beyond the number of devices your license allows, or used in breach of these Terms. A disabled key stops working at the software's next check-in, which can be up to about a month later.
  • Fees. The annual fee shown when you purchase applies. Refunds and cancellation are dealt with as set out in clauses 5–6 and by the Australian Consumer Law. We may change the fee for future renewals by giving you notice.

3.7 Your vehicle data

Apart from the license check-in described in clause 3.6, the HYPR Software is not designed to send your vehicle data, VIN, diagnostics or tuning data to PRA Software, and PRA Software does not receive it. Some features may use third-party services or downloads (for example, downloading an AI model or looking up information online). Those are provided by others, are outside PRA Software's control, and may have their own terms and privacy practices. See clauses 15–17 for how PRA Software handles personal information.

3.8 AI output, third parties & early versions

AI output is generated automatically and may be inaccurate or inappropriate. PRA HYPR is not affiliated with, endorsed by or connected to any vehicle manufacturer, tuner, adapter maker or parts supplier, and all names and trademarks belong to their owners. We do not promise compatibility with every vehicle, control unit or adapter.

Early and beta versions may contain errors, may change or remove features, and are provided "as is".

Questions about these terms?

Reach out through the Custom Development contact form, or via your account dashboard once you're a customer.