Acceptable use

You may not use While25 to:

• manipulate a market — spoofing, layering, wash trades, marking the close, quote stuffing, or anything with the same effect;
• trade on inside information, or on information you are not entitled to use;
• send order flow designed to overload or disrupt an exchange, a broker or another participant;
• evade a position limit, a trading restriction or a regulatory requirement that applies to you.

Your exchange and your regulator decide what these mean, not us, and the consequences of breaking them fall on you.

Your broker's terms govern your account. Some restrict third-party software, some require you to register an automated strategy before running it, some limit how many requests an API may make. Check before you connect, and keep to them while you are connected. Where the law requires a registration for the way you trade, obtaining it is yours to do.

• No sharing, reselling or sublicensing your licence, and no running While25 as a service for other people.
• No reverse engineering, decompiling or circumventing the licence check, except where the law permits it regardless of this policy.
• No disabling or working around the risk checks, the confirmation step before a strategy goes live, or the kill switch.
• No redistributing market data you receive through your own subscription.
• No using the assistant to generate anything unlawful, or feeding it other people's confidential data.
• No probing, overloading or attacking our servers, and no accessing accounts or data that are not yours.
• No getting around sign-in, account status checks, usage limits or the one-computer-per-broker-account rule.
• No sharing your account, and no impersonating anyone.

We may suspend or end your licence, with notice where the breach can be fixed and immediately where it cannot or where the law requires it. We may be obliged to respond to a lawful request from a regulator, an exchange or a court. See the licence agreement for how that works.

If you think someone is using While25 this way, tell us at hello@while25.com.