VRS · Value Research Systems

Legal information

Last updated: [DATE]

Company details

Terms of service

1. Who we are and what we sell

We (the company above) provide trading software: VRS Indicator Lite for TradingView (free), VRS Executor (software you run next to MetaTrader 5 on your own computer or server), the Autopilot and the Backtest Lab (part of VRS), the journal, the VRS Playbook and access to our Discord community. We are not a bank, broker, investment firm or adviser. We do not give investment advice, do not manage money and do not hold client funds. You decide every trade and every setting.

2. Your account

You must be at least 18 and give a valid email address. Keep your password and license key private: you are responsible for what happens under your account. One license works on the number of computers shown in your dashboard.

3. The free level, VRS, the trial and prices

• Free: VRS Indicator Lite, the Playbook and the public Discord, for as long as we offer them.
• VRS (paid): VRS Executor, the Autopilot, the Backtest Lab, the journal and the members Discord, per month, per year or as a one-time lifetime purchase (also in instalments), at the price shown before you pay, VAT included for consumers. Subscriptions renew automatically until you cancel. Founding prices stay the same for as long as the subscription runs without a break. Members of the old VRS VIP plan keep it on the terms they bought it under.
• Free trial: new accounts get VRS for the number of free days shown at sign-up. If we ask for a card, nothing is charged before the trial ends, and you can cancel before that in your dashboard.
• VRS through our partner broker (VT Markets): VRS is free while the trading account you opened through our link stays active with that broker. Any deposit bonus or credit is a promotion of the broker under the broker's own terms, not ours. We check this with the broker; if the account is closed, moved or not found under our partnership, the free VRS ends. We may change or end this option with 30 days' notice.
• Founding price: a founding price stays the same for as long as your subscription runs without interruption.
• We may change prices for new periods. We tell you at least 30 days before; you can cancel before the new price applies.

4. Payment

Payments are handled by Stripe. We never see your full card number. If a payment fails we try again; if it keeps failing, access stops at the end of the paid period.

5. Cancelling and your right of withdrawal

• You can cancel at any time in your dashboard (Plan & billing). Access continues until the end of the period you paid for. We don't charge you again. Apart from the legal right of withdrawal below, payments are not refunded: try VRS first in the free trial.
• Right of withdrawal (consumers in the EU): you have 14 days from the start of a paid subscription to withdraw without giving a reason. Because the software and its content are delivered immediately, you ask us at checkout to start right away. If you then withdraw within the 14 days, we refund what you paid minus the part for the days you already used, as the law allows.
• To withdraw: email us from your account email with "refund" in the subject. We refund within 14 days, to the payment method you used.

6. Using the software

• You get a personal, non-transferable right to use the software while your access is active. You may not resell, share, copy, decompile or remove the license check, or publish the paid indicator's code.
• VRS Executor runs on your computer or server and connects to your MetaTrader 5 account. Automated functions (the Autopilot) are off until you switch them on, and act only within the settings you choose. You are responsible for your settings, for checking that your broker or prop firm allows the use of such software, and for keeping your computer, internet connection and MetaTrader 5 running.
• Do not use the software or our community for anything illegal, for market manipulation or to harass other members. We may suspend accounts that break these rules.

7. No advice, no promises

Everything we publish (the indicator, grades, backtests, the Playbook, emails, videos, Discord posts) is general and educational. It is not a personal recommendation to buy or sell anything. Backtests and past results describe the past and do not predict future results. Read the risk disclosure.

8. Availability and changes

We work to keep the service available but cannot promise it will never be interrupted. TradingView, MetaTrader 5, brokers, Discord and Stripe are third-party services we don't control. We may improve or change features; if a change takes away an essential part of what you pay for, you may cancel and get a refund for the unused part of the period.

9. Liability

We are liable for damage caused by our intentional fault or gross negligence, and as mandatory law requires. Beyond that, and to the extent the law allows, we are not liable for trading losses, missed trades, lost profit, orders placed, changed or not placed because of software errors, connection problems or third-party services, or decisions you make. Our total liability is limited to the amount you paid us in the 12 months before the claim. Nothing in these terms limits your rights as a consumer under mandatory law.

10. Ending access

You can delete your account by emailing us. We may suspend or end an account that breaks these terms, after a warning unless the breach is serious.

11. Law and disputes

Belgian law applies. If you are a consumer living in another EU country, you keep the protection of the mandatory rules of that country. Please contact us first: most problems are solved by email. Consumers may also contact the Belgian Consumer Mediation Service (consumentenombudsdienst.be). Courts: those competent under the law for consumers; otherwise the courts of [YOUR JUDICIAL DISTRICT, e.g. Antwerp].

Privacy policy

Controller: the company in Company details. Questions or requests: [[email protected]].

What we collect and why

• Email address when you ask for the free indicator or the Rulebook: to send it and a few follow-up emails about using it (you can unsubscribe in every email). Basis: your consent.
• Account data: email, name (optional), password (stored only as a one-way hash), subscription status, payment history, license key, the computers linked to your license (a technical ID, name and software version), your TradingView username if you give it, the partner broker and trading account number if you ask for VRS through a partner broker, and your challenge nickname and results if you join. Basis: performing our contract with you.
• Payment data is processed by Stripe; we receive only the payment status and the last digits / type of card.
• Technical data: IP address and request logs on our server, kept briefly for security and to prevent abuse. Basis: our legitimate interest.

What we never receive: your MetaTrader 5 password or your trades. VRS Executor runs on your own computer; your broker login stays there. Your journal and settings stay on your computer too, unless you join the challenge (then your challenge account's results are sent to the leaderboard).

Who processes data for us

• Stripe (payments) · [Render / your hosting provider] (our server) · [MailerLite / Brevo] (emails) · Discord (if you join our community, under Discord's own privacy policy).
• Partner brokers: only if you ask for VRS through a partner broker, we check your trading account number with that broker. We don't share your email or other data with them.
• Some of these providers may process data outside the EU; they do so under the European Commission's standard contractual clauses or an adequacy decision.

We don't sell your data and don't use it for advertising profiles.

How long we keep it

Account data: while your account exists and up to 2 years after your last activity, then deleted. Invoices and payment records: 7 years, as Belgian accounting law requires. Lead emails: until you unsubscribe or ask us to delete them.

Your rights

You can ask to see, correct, delete or export your data, object to its use, or withdraw consent at any time. Email us; we answer within one month. You may also complain to the Belgian Data Protection Authority (gegevensbeschermingsautoriteit.be / autoriteprotectiondonnees.be).

Cookies

We use no advertising or tracking cookies. The website stores a few things in your own browser (local storage) so it works: your login session, your chosen settings and whether you already saw an offer. They stay on your device and are not shared. [If you add Google Analytics, a Meta pixel or similar later, you need a cookie banner that asks permission first, and this section must list them.]

Risk disclosure

• VRS is software and education. It does not give personal investment advice, signals tailored to you or portfolio management, and nothing we publish is a recommendation to trade.
• Setups, grades, backtests, the Autopilot and example trades are based on past data and fixed rules. Past results, real or simulated, do not guarantee future results. Backtests do not include every real-world cost (spreads, slippage, swaps, commissions, outages).
• Automated trading can go wrong: software errors, lost connections, broker rejections, gaps and fast markets can cause orders to be placed late, differently or not at all, and losses can exceed what you planned. Always start on a demo or paper account and monitor what runs.
• Only trade with money you can afford to lose. If you are unsure, ask an independent, authorised adviser.
• Leveraged products may be restricted in your country. In Belgium, the FSMA applies specific rules to the distribution of these products to retail clients. Check that your broker is authorised to serve clients in your country (for Belgium: fsma.be).

Partner brokers

• We may receive a commission from partner brokers when you open an account through our links, for example a fee per client or a share of the broker's income from your trading. That is how we can offer VRS for free through those brokers.
• This creates a conflict of interest: we earn more when more people open accounts and, depending on the agreement, when they trade more. Our software and community never encourage you to trade more or bigger; the risk tools exist to make you trade less badly.
• We are not a broker and not the broker's agent. We don't recommend any broker for your personal situation. Read the broker's own terms, fees, risk warnings and regulation (who regulates the entity you sign up with, and whether it may serve clients in your country) before you open an account.
• Current partners: [LIST + THE REGULATED ENTITY + REGULATOR, once the agreements are signed].