Terms and Conditions

These General Terms and Conditions (GTC) govern the contractual relationship between Algora Market AG, Bahnhofstrasse 21, 8001 Zürich, Switzerland (hereinafter "Algora Market") and the users of the trading platform (hereinafter "Customer").

By registering, the customer accepts these GTC as well as the privacy policy and risk warnings.

Algora Market offers the following services:

• Access to AI-powered trading algorithms
• Automated asset management
• Portfolio tracking and analysis tools
• Cryptocurrency trading and custody
• Traditional securities services

The platform does not constitute investment advice. All trading decisions are made automatically based on algorithmic strategies.

Account opening requires:

• Minimum age of 18 years
• Residence in a supported country (EU, EEA, Switzerland)
• Valid identity document (passport or ID card)
• Proof of residence (not older than 3 months)

Algora Market is required to conduct a full identity check (KYC) in accordance with anti-money laundering regulations.

Deposits:

• Minimum deposit: EUR 250 / CHF 250
• Supported methods: Bank transfer, credit card, cryptocurrencies
• Processing time: 1-3 business days (bank transfer), instant (crypto)

Withdrawals:

• Withdrawals are made to the verified reference account
• Processing time: 2-5 business days
• Additional security check for first withdrawal

• Account opening and maintenance: Free
• Deposits: Free (except bank fees)
• Withdrawals: EUR 0-25 depending on method
• Success fee: 20% on realized gains
• Management fee: 1% p.a. on assets under management

All fees are transparently displayed in the customer account and confirmed before transactions.

Trading in financial instruments and cryptocurrencies involves significant risks. The customer acknowledges:

• Past results are no guarantee of future performance
• The value of investments can fluctuate
• A total loss of invested capital is possible
• AI-based strategies can make mistakes

Detailed risk warnings can be found in our separate risk notice document.

Algora Market is not liable for:

• Losses from trading activities
• Technical disruptions beyond our control
• Actions of third parties (hackers, fraud)
• Force majeure

Liability for intent and gross negligence remains unaffected.

The contract is concluded for an indefinite period and can be terminated by either party at any time with 14 days notice.

Upon termination, open positions are closed and the remaining balance is transferred to the reference account.

Algora Market reserves the right to change these GTC with 30 days advance notice. Changes will be communicated by email. If the customer objects within 14 days, the contractual relationship is deemed terminated.

Swiss law applies, excluding UN sales law and conflict of laws rules. Place of jurisdiction is Zurich, Switzerland.

For consumers residing in the EU, the mandatory consumer protection provisions of the country of residence also apply.