Terms of Service

Orion Quant Technologies GmbH provides software-based solutions for the technical support of automated execution and trading-related processes.

The scope of services is strictly limited to the provision, licensing, and technical operation of software.

The software enables rule-based automation of predefined processes and does not make independent economic or discretionary decisions.

No investment advice, portfolio management, or individual financial recommendations are provided under Austrian or European financial regulations.

Orion Quant Technologies has no access to client funds, no authority over trading accounts, and does not execute transactions on behalf of users.

All decisions regarding the use, configuration, and deployment of the software remain solely with the user.

The exact scope of services is defined by the agreed license and the service description valid at the time of contract conclusion.

All trading decisions and resulting outcomes are made solely at the user's risk.

The provided software does not constitute a financial instrument, investment advice, or portfolio management.

Backtests, simulations, and historical evaluations serve solely for technical illustration and validation of system logic. They do not constitute a forecast or assurance of future results.

Market developments, liquidity, volatility, regulatory changes, and technical conditions may cause real results to deviate significantly from historical simulations.

Orion Quant Technologies GmbH assumes no guarantee for returns, performance, capital preservation, or economic results.

Orion Quant Technologies GmbH shall be liable solely for damages caused by intentional misconduct.

Liability for gross negligence shall apply only to the extent that such liability is mandatory under applicable law.

Gross negligence shall exist only in cases of a clearly evident and severe breach of duty, where fundamental duties of care are deliberately or exceptionally seriously disregarded.

Gross negligence shall expressly not include, in particular, software defects, programming deviations, system interruptions, delays, incorrect or incomplete configuration by the customer, or deviations from expected or desired outcomes.

Any liability for financial losses, capital losses, loss of assets, loss of profits, as well as for indirect or consequential damages, is excluded.

This applies in particular to damages or losses resulting from market activities, market movements, the use of automated systems, or decisions made by the customer.

Any refund of license fees or compensation for losses is excluded.

Orion Quant Technologies GmbH shall furthermore not be liable for disruptions, failures, or damages caused by third-party providers, in particular brokers, VPS providers, or external data sources.

Use of the software is granted exclusively under a time-limited or perpetual license in accordance with the agreed contract term.

Unless explicitly agreed otherwise, each license is valid for a single user or account only.

Any redistribution, duplication, or unauthorized use of the software or license components is prohibited and entitles Orion Quant Technologies GmbH to immediate termination of the license.

License fees are due in advance and non-refundable.

Early termination of the contract by the user does not release the user from the obligation to pay the license fees owed for the agreed contract term.

Ordinary termination is permitted only within the scope of the agreed contract term.

For contracts with a minimum term, termination is only permitted at the end of the respective term unless explicitly agreed otherwise.

Orion Quant Technologies GmbH may, at its sole discretion, offer a time-limited free trial period.

The trial period is intended solely for technical evaluation and validation of the software and does not constitute any performance commitment.

Unless explicitly agreed otherwise, the maximum duration of the trial period is 30 days.

All provisions of these terms and conditions apply in full during the trial period, in particular those relating to liability, risk allocation, and user responsibility.

Use of the software during the trial period is entirely at the user’s own risk.

If the user chooses to deploy the software with real capital during the trial period, this is done solely at the user’s discretion.

Orion Quant Technologies GmbH assumes no liability for financial losses, capital losses, or other damages during the trial period, unless explicitly agreed otherwise in writing in advance.

There is no entitlement to a trial period.

Orion Quant Technologies GmbH reserves the right to terminate or discontinue a trial period at any time.

Any list of compatible brokers or infrastructure providers made available by Orion Quant Technologies GmbH is provided solely for technical reference purposes.

No recommendation, advice, or evaluation in an economic or regulatory sense is provided.

The selection, use, and integration of third-party providers is the sole responsibility of the user.

Orion Quant Technologies GmbH assumes no liability for damages or losses arising from the services, failures, or conduct of third-party providers.

The software is provided as a technical solution for independent use by the customer. Operation of the software takes place on infrastructure selected by the customer and is outside the direct control of Orion Quant Technologies GmbH.

Orion Quant Technologies GmbH does not guarantee uninterrupted or continuous availability of the software, in particular where limitations result from technical circumstances, third-party services, customer infrastructure, or external systems.

Planned maintenance activities or technical adjustments are limited to the provision of the software itself and do not interfere with ongoing operations, existing configurations, or customer systems.

No entitlement to a specific level of availability, response time, or system performance is granted.

All legal relationships between the parties shall be governed by the laws of the Republic of Austria, excluding the provisions of international private law and the United Nations Convention on Contracts for the International Sale of Goods (CISG).

For consumers, this choice of law applies only to the extent that it does not deprive the consumer of the protection afforded by mandatory provisions of the law of the country in which the consumer has their habitual residence.

Furthermore, this choice of law regarding statutory withdrawal rights does not apply to consumers who, at the time of contract conclusion, are not residents of a Member State of the European Union and whose sole residence and delivery address are located outside the European Union.

Should individual provisions of these Terms and Conditions be or become invalid or unenforceable, the validity of the remaining provisions shall remain unaffected.

In place of the invalid or unenforceable provision, a valid and enforceable provision shall apply which most closely reflects the economic intent of the original provision. The same applies in the event that these Terms and Conditions contain a regulatory gap.

The software and all associated rights remain the property of Orion Quant Technologies GmbH.

The customer is granted only a limited, non-transferable right of use within the scope of the contractually agreed license.

The right of use is subject to the condition precedent of full payment of the agreed license fees.

Until all outstanding amounts have been paid in full, Orion Quant Technologies GmbH is entitled to restrict or deactivate access to the software.

Any transfer, provision, sublicensing, or assignment of the software or the granted usage rights to third parties is prohibited without prior written consent.

No right of withdrawal applies once the software license has been activated and the contractual service has been fully performed.

By activating the license, the customer expressly agrees that performance of the service begins prior to the expiry of any potential statutory withdrawal period.

If the customer opts for a monthly payment model and fails to meet a payment deadline, Orion Quant Technologies GmbH reserves the right to temporarily suspend the functionality of the software starting from the calendar day following the due date.

At its sole discretion, Orion Quant Technologies GmbH may grant the customer a grace period of up to seven (7) calendar days, in particular in cases of delayed payment or where a contract renewal has not yet been completed.

No entitlement to such a grace period exists.

Termination of the contract does not release the customer from the obligation to pay the agreed license fees for the full contract term.

The customer remains obligated to pay all license fees until the regular contractual end date.

Any deviations from early termination or reductions of future payment obligations are valid only if expressly agreed in writing in a separate supplementary agreement.

Refunds of license fees already paid are excluded.

Orion Quant Technologies GmbH reserves the right to amend or update these Terms and Conditions as necessary, in particular due to legal, technical, or organizational changes.

The current version of the Terms and Conditions is available on the website.

Continued use of the services after the amendments take effect shall be deemed acceptance of the amended Terms and Conditions.