Terms of Use
Last updated: 21 June 2026
These Terms of Use ("Terms") govern your access to and use of the MT5 Gold EA website and the MT5 Gold EA expert advisor for MetaTrader 5 (the "EA"), and related services (together, the "Service"), provided by the operator of MT5 Gold EA ("we", "us", "our"). By using the Service or installing the EA, you agree to these Terms. If you do not agree, do not use the Service.
1. The software and your licence
- The EA is provided free of charge. We do not sell licences and take no payment for the software.
- We grant you a personal, non-exclusive, non-transferable, revocable licence to run the EA on the specific trading account(s) we activate for you.
- Each licence is bound to a trading account number and is validated remotely. We may suspend or revoke a licence at any time, including if account or eligibility conditions are no longer met.
- You may not resell, sublicense, rent, share, decompile, reverse-engineer, or attempt to circumvent the licensing of the EA.
2. Eligibility and partner brokers
- Access to the EA requires opening and funding a live trading account with one of our partner brokers through the referral ("affiliate"/"introducing broker") links provided on the site.
- Affiliate disclosure: we receive commission or other remuneration from these brokers based on accounts opened and traded through our links. This is how the EA is funded for you at no software cost. You are never charged by us.
- You are responsible for choosing a broker appropriate for your country of residence and for complying with that broker's own terms.
3. Minimum balance and operation
The EA runs on the MetaTrader 5 (MT5) platform only and is not compatible with MetaTrader 4 (MT4) or any other platform. It enforces minimum-balance and account-type conditions and will not place trades while the account balance is below the required minimum for its type (USC 100,000 for cent accounts, USD 50,000 for standard accounts). Maintaining a compliant, funded account is your responsibility. Built-in safeguards (e.g. equity protections) are risk-management tools only and do not guarantee against loss.
4. No investment advice
The EA and all materials are tools provided for your own use. Nothing in the Service constitutes investment, financial, legal, or tax advice, or a recommendation to trade any instrument. You make your own trading decisions and are solely responsible for them.
5. Trading risk
Trading leveraged products such as foreign exchange, gold, and CFDs carries a high risk of loss. The EA uses a grid/recovery methodology that can accumulate exposure and incur significant drawdown. You may lose some or all of your capital. See our Risk Disclosure.
6. No warranty
The Service and EA are provided "as is" and "as available", without warranties of any kind, express or implied, including merchantability, fitness for a particular purpose, and non-infringement. We do not warrant that the EA will be uninterrupted, error-free, compatible with your broker or platform, or profitable.
7. Limitation of liability
To the maximum extent permitted by law, we are not liable for any trading losses, lost profits, or any indirect, incidental, special, or consequential damages arising from use of the Service or EA, whether in contract, tort, or otherwise, even if advised of the possibility. Because the EA is provided free of charge, our total aggregate liability to you is limited to the amount you have paid us for the software, which is zero.
8. Your responsibility for your account and operating environment
You are solely responsible for your trading account — its funding, its settings, and everything that happens on it. You acknowledge and accept that we are not responsible or liable for any losses, missed trades, or damages arising from circumstances inside or outside anyone's control, including but not limited to:
- sudden or extreme market volatility, price gaps, news events, low liquidity, widened spreads, slippage, requotes, or swap charges;
- failure, downtime, latency, or misconfiguration of your VPS, server, computer, internet connection, electricity supply, or MetaTrader platform;
- broker-side issues such as outages, execution delays, requotes, stop-outs or margin calls, server-time/rollover behaviour, or changes to symbols, leverage, or trading conditions;
- your own actions or settings — changing inputs, manually interfering with trades, running the EA on an unsuitable account, or letting the balance fall below the required minimum;
- force-majeure events, third-party service failures, or any other cause beyond our reasonable control.
Running the EA on a stable VPS, monitoring your account, and choosing appropriate risk settings are your responsibility. We provide a tool; the trading outcome and the operating environment are entirely yours.
9. Indemnity
You agree to indemnify and hold us harmless from any claims, losses, or expenses arising out of your use of the Service, your trading, or your breach of these Terms.
10. Termination
We may suspend or terminate your access to the Service or EA at any time, with or without notice, including for breach of these Terms or loss of eligibility. On termination, your licence ends and you must stop using the EA.
11. Changes
We may update these Terms from time to time. Continued use of the Service after changes take effect constitutes acceptance of the revised Terms.
12. Governing law
These Terms are governed by the laws of the operator's country of registration, without regard to conflict-of-law rules. The courts of that jurisdiction have exclusive jurisdiction over any dispute.
13. Contact
Questions about these Terms: info@mt5goldea.com.