Note: these terms govern the use of this website. The licensing of our platform is governed by a separate written agreement signed by both parties. Nothing on this website forms a contract or an offer — if you want to see the full agreement before committing to anything, ask and we will send it.
1. Who we are
This website is operated by Asgard Group LLC, a limited liability company registered in the State of New Mexico, United States, with registered office at 1209 Mountain Rd NE, Suite N, Albuquerque, New Mexico 87110 ("Asgard Group", "we", "us").
2. What this website is
This website describes software and services we offer to businesses. Its content is general information. It is not an offer, a solicitation, a recommendation, or financial, investment, legal or tax advice.
Prices are not published. Any figure quoted to you is quoted after we have understood your project, in writing, and only that written quote is binding on us.
3. What Asgard Group is not
We think this is worth stating plainly rather than burying it. Asgard Group is a software company. We are not a broker, not a proprietary trading firm and not a financial services provider. We do not operate trading programmes, do not hold client or trader funds, and do not give financial advice to anyone.
Trading financial instruments carries significant risk, including loss of capital, and is not suitable for everyone. Any decision to trade, or to operate a trading firm, is made solely by the party making it, who is responsible for obtaining their own legal, tax and regulatory advice.
4. Licensing our platform
If you licence our platform, a separate written agreement applies. The main commercial terms we work to are these, so that you know them before you spend time on a call:
- Fees. A one-off implementation fee plus a fixed recurring licence. We take no revenue share and no percentage of your revenue or your traders’ outcomes.
- Term. A minimum term of six months, then continuing until cancelled.
- Cancellation. Sixty days’ written notice.
- Late payment. We give notice and a fifteen-day grace period before suspending service.
- What is included. The software, support and updates, plus the integration work agreed at scoping. Anything outside that scope is quoted before work starts.
- Scope of licence. One brand per licence. The licence is not transferable and may not be resold or sublicensed without our written agreement.
5. Intellectual property
Asgard Group owns the platform, its source code and everything we develop, including work commissioned and paid for by a client. The client receives a licence to use it for the term of the agreement.
We state this openly because it has a consequence worth knowing: functionality developed for one client may be reused for others. If exclusivity matters to you, raise it before signing rather than after, and we will tell you honestly whether it is possible and what it would cost.
Client data is a separate matter and is covered in section 6. Your trader records, transactions and performance history belong to you.
6. Your data
Trader records, transaction history and performance data belong to the client firm and are exportable in a usable format at any point during the agreement and at its end. We do not hold client data hostage as a commercial lever.
7. Availability
We do not commit to a guaranteed uptime percentage. We commit to maintaining the platform with reasonable skill and care, monitoring it continuously, and responding to incidents promptly. We would rather tell you that plainly than publish a number we cannot yet substantiate with our own operating history.
8. Responsibility and limits
Trade execution happens at the trading platform, the data provider and the broker your firm contracts with directly. Asgard Group is not responsible for their availability, their performance or the consequences of their failure. That said, we do not disclaim responsibility for our own systems: where a failure of our software causes loss, the limits below apply rather than an exclusion.
To the fullest extent permitted by law, our total liability arising out of or in connection with our services is limited to the fees paid by the client in the three months preceding the event giving rise to the claim. We are not liable for indirect or consequential loss, loss of profit, loss of business or trading losses.
Nothing in these terms limits liability that cannot be limited by law.
9. Acceptable use
Our services may not be used for any unlawful purpose, nor in or for the benefit of any jurisdiction subject to comprehensive sanctions, nor by any person or entity subject to applicable sanctions. We may suspend service where we reasonably believe it is being used unlawfully.
10. Governing law and disputes
These terms and any agreement with us are governed by the laws of the State of New Mexico, United States.
Disputes are resolved by binding arbitration rather than in court. We prefer arbitration because it is faster and cheaper for both sides, particularly when the parties are in different countries. Full details are set out in the signed agreement.
11. Changes
We may update the content of this website and these terms. Terms agreed in a signed contract are changed only as that contract provides.