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Licence Agreement

Licence Agreement

Below are the terms & conditions of Licence Agreement applicable to all the software provided by Simplexcel (the company), unless otherwise mentioned.

Providing the License

The company through this License Agreement grants to you non-exclusive and non-transferable rights in respect of using a copy of the computer program. You may install and use only one copy of the program only on one personal computer, notwithstanding as to how many times you install the program and how many times you accept the License Agreement. You must not use the program on more than one computer.

Use Restrictions

It is prohibited to make copies thereof (with the exception of making copies to be used as a backup). In addition, you must not reproduce the program, change it, modify it, decompile it, transfer it to a mechanical code, re-analyze it or create any deduced works therefrom by processing. All explicitly non-granted rights are reserved. Any copy of the program you have been permitted to obtain based hereon must contain a complete copyright and other notices provided with the original.

Assignment Restriction

The license is provided personally to you and for that reason it does not allow you to make a duplicate (copy), sell, borrow, assign, lease or transfer in any manner whatsoever to another person. Any transfer executed in violation of this provision shall be deemed invalid and constitute a reason for termination of your license validity.

Liability Limitation

Neither the company nor its employees, partners, contractual dealers, resellers bare any liability for any damages arisen due to using or inability of using of the aforesaid program although if notified of an option of causing such damages.


The software program is provided as is without any implied or express warranty.

User Generated Data

Users may create/save their own data over the course of using the purchased software products/services. In order to secure the data in the larger interest of our users and also for the purpose of protecting our intellectual work, such data is encrypted whenever possible. Due to the encryption, such user data may not be available and/or usable outside of the software. If for any reason, you need the data outside the software, you may request us to convert the data in some other format. We are not bound in any way to honour your request. Furthermore, even if we accept your request, it may incur additional costs. Also we may have a different software product available to do such conversion. In the event such separate product is available, you will be required to pay and/or purchase a separate license for it. By using the software, you acknowledge and agree to use the software as such.

No Financial Market recommendations

The computer program(s) which offer tools/methods for assisting in trading of financial securities, analyse data provided and show results of such analysis. No offer or solicitation to buy or sell securities, securities derivative, futures products or off-exchange foreign currency (Forex) transactions of any kind, or any type of trading or investment advice, recommendation or strategy, is made, given or in any manner endorsed by the company, or anybody associated with the company. Past performance, whether actual or indicated by historical results, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (Equities, Options Futures or Forex); therefore, you should not invest or risk money that you cannot afford to lose.

By purchasing and/or using the software program, you acknowledge and accept that all trading decisions are your own sole responsibility, the company or anybody associated with the company cannot be held responsible for any losses that are incurred as a result.

Whilst every care has been taken in compiling the software program and associated material, the company or anybody associated with it cannot accept any liabilities for any inaccuracies. Neither the company nor anybody associated with it are responsible for any errors or omissions contained in the software or associated material.