Backtest Lab Terms of Service
About these terms:
These terms are the agreement between you and Buckerry India Private Limited, 7A, New Ahinsapuri, Fatehpura, Udaipur, Rajasthan, 313001 ("Backtest Lab", "we", "us") for your use of www.backtestlab.in and everything on it (the "Service"). By creating an account or using the Service, you accept these terms and our Privacy Policy. If you do not accept them, do not use the Service.
You must be at least 18 years old and able to enter a binding contract under Indian law. If you use the Service for an organisation, you confirm that you can bind it.
The service
Backtest Lab is a visual no-code strategy builder for trading and investment strategies. You build a strategy as a flow of states and conditions, and the Service tests it on historical market data and shows you the results.
During the beta, the Service:
- covers equity backtesting on Nifty 50 stocks (cash segment);
- uses about 2 years of historical data;
- is free to use; and
- does not place trades, connect to brokers or give recommendations.
The Service is a beta. It may contain errors and may be unavailable at times, and features, data coverage and limits may change as we build.
Not investment advice
Backtest Lab is a software tool. It does not give investment, trading, tax or legal advice, and nothing on the Service is a recommendation to buy, sell or hold any security. Backtest Lab is not registered with SEBI as an investment adviser or research analyst.
Backtest results show how a strategy you designed would have performed on past data, using assumptions and simplifications about prices, costs and order fills, and real trading differs. Past performance does not predict future results, and a strategy that worked in a backtest can lose money. Backtest can also mislead, for example by over-fitting a strategy to past data.
You alone decide what to do with your strategies and results. Trading in securities carries risk, including the loss of your capital. Speak to a SEBI-registered investment adviser before you make investment decisions.
Your account
You need an account to save strategies. Give us accurate information, keep your sign-in details private, and tell us at m3backtestlab@gmail.com if you think someone else has used your account. You are responsible for activity under your account. One person may hold one account, and accounts must not be shared.
Acceptable use
You agree not to:
- break the law, or use the Service to plan or carry out market manipulation, insider trading or fraud;
- upload or share content that is unlawful, defamatory, misleading or infringes anyone's rights;
- use the Service or its results to give paid investment advice or tips to others unless you are registered to do so;
- scrape, copy or resell the Service or its data, or use bots or automated tools that overload it;
- probe, disrupt or try to break the Service's security, or access other users' data; or
- reverse engineer the Service, except where the law allows it.
We may remove content or suspend accounts that break these rules.
Your strategies and our intellectual property
You own the strategies you create. You give us a limited licence to host, store and process them so we can run the Service for you. We do not publish them or share them with other users.
We and our licensors own the Service, including its software, design, node and condition library, and brand. We give you a personal, non-exclusive, non-transferable right to use the Service under these terms. You may not use the Backtest Lab name or logo without our written permission.
Feedback and votes
If you send feedback or vote on features, you let us use your ideas and comments to improve the Service, without paying or crediting you. Votes help us decide what to build but do not commit us to building anything. Please do not put other people's personal data or confidential information in your feedback.
Market data and third-party links
The Service uses historical market data for experimental purpose as the product is in beta mode. That data may contain errors or gaps, and corporate actions such as splits and dividends may not be reflected perfectly. We do not guarantee that it is accurate or complete.
The Service links to other sites, such as Nifty Predictor (niftypredictor.in) which is operated by us. We do not control other sites and are not responsible for them, and their own terms apply.
Beta status, changes and future pricing
The Service is free during the beta and no card is needed. We may add paid plans later. If we do, we will tell you well in advance and will not charge you without your agreement.
We may change, limit or stop any feature, including data coverage, at any time, and we may suspend the Service for maintenance. Where we can, we will give notice of major changes.
Disclaimers
The Service is provided "as is" and "as available", without warranties of any kind, express or implied, including that it will be accurate, uninterrupted, error-free or fit for a particular purpose. We do not promise any trading result or profit. To the extent the law allows, we disclaim all warranties not stated in these terms.
Limitation of liability
To the maximum extent the law allows, Backtest Lab and its founders, directors and employees are not liable for any indirect, incidental, special or consequential loss, or for loss of profits, trading losses, data or goodwill, arising from your use of the Service or from decisions you make using its results.
Our total liability to you for any claim related to the Service is limited to the amount you paid us in the 3 months before the claim, which is ₹0 while the Service is free, or a fixed amount of ₹10,000. Nothing in these terms limits liability that the law does not allow us to limit, such as liability for fraud.
Indemnity
You agree to cover the losses, claims and reasonable legal costs we suffer because you breach these terms, use the Service unlawfully, or share content that infringes someone's rights. We will tell you promptly about any claim and let you help defend it.
Termination
You can stop using the Service and delete your account at any time. We may suspend or end your access if you break these terms, if the law requires it, or if we stop offering the Service. Where practical, we will give you notice.
When your account ends, your right to use the Service ends and we handle your data as the Privacy Policy describes. Sections that by their nature should continue (ownership, disclaimers, liability, indemnity and governing law) keep applying.
Governing law and disputes
These terms are governed by the laws of India. The courts at Udaipur, Rajasthan have jurisdiction over any dispute about them.
If you have a complaint about the Service, write to us at m3backtestlab@gmail.com. We acknowledge complaints within 48 hours and aim to resolve them within 15 days.
Changes to these terms and how to contact us
We may update these terms as the Service changes. For material changes we will email registered users or show a notice on the site for at least 10 days before they take effect, and we will remind users of these terms and our Privacy Policy at least once a year. If you keep using the Service after a change takes effect, you accept the new terms. If you do not accept them, stop using the Service and delete your account.