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These Terms of Service govern access to and use of the Tirmann website and associated services. By accessing the site, you accept these terms unconditionally. The full, binding Algorithmic Software Licence Agreement is provided separately and governs the commercial relationship between TIRMANN LTD and each Licensee.

2.1 — Nature of Services

TIRMANN LTD provides a fixed-price, seat-based software licensing service. Clients (Licensees) receive access to algorithmic strategy files for deployment on MultiCharts, as well as monthly Rotations (updates to the pool of active strategy files), technical documentation, and operational support.

2.2 — Pricing Model

Fees are charged on a fixed, per-Seat basis and are entirely independent of the Licensee's trading capital, account size, leverage, performance, or trading results. There are no performance fees, success fees, profit-sharing arrangements, or fees of any kind linked to trading outcomes.

The applicable tier, number of Seats, and fee schedule are set out in the individual Annex A (Pricing Schedule) provided to each Licensee. All fees are exclusive of VAT, GST, and applicable taxes.

2.3 — Activation & Billing

Seat activation occurs exclusively on Tirmann's standard monthly cycle (last weekend of each calendar month). Fees are payable in advance by bank transfer within seven (7) calendar days of invoice. Monthly subscriptions may be cancelled at any time with thirty (30) days' written notice, without penalty. Annual subscriptions are non-refundable except as expressly provided in the Agreement.

2.4 — User Responsibility & Qualification

Access to Tirmann's software is restricted to persons who qualify as sophisticated, experienced traders with a sufficient understanding of algorithmic trading, futures markets, and automated execution. Each Licensee is required to complete and sign an onboarding declaration (Annex B) prior to Seat activation, confirming their qualification status and relevant experience.

The Licensee acknowledges and accepts that algorithmic trading on futures markets involves a substantial risk of loss, including the potential loss of all invested capital, and that past performance of any strategy — whether based on backtests or live data — is not indicative of future results.

2.5 — Reverse Solicitation

All clients confirm, by signing the Agreement, that they have approached TIRMANN LTD on their own initiative and have not been actively solicited, canvassed, or targeted by Tirmann through any direct or indirect marketing directed at their country of residence. The Agreement is entered into on the basis of reverse solicitation.

2.6 — Territorial Restrictions

Tirmann's services are not available to US persons (residents, citizens, or entities incorporated in the United States of America). Persons subject to sanctions administered by OFAC, the UN Security Council, HM Treasury, or equivalent authorities are strictly excluded.

2.7 — Intellectual Property

TIRMANN LTD retains all intellectual property rights in the algorithms, source code, and Portfolio Blueprint reports. The Licensee acquires a personal, non-exclusive, non-transferable licence for the duration of the Agreement. Strategy files may not be reproduced, resold, sub-licensed, or reverse engineered.

2.8 — Limitation of Liability

To the maximum extent permitted by law, TIRMANN LTD's total liability shall not exceed the total fees paid by the Licensee in the twelve (12) months preceding the event giving rise to the claim. TIRMANN LTD shall not be liable for trading losses, loss of profits, loss of capital, or any indirect or consequential loss arising from the use or inability to use the software.

2.9 — Governing Law & Jurisdiction

These Terms, and any dispute or claim arising out of or in connection with them, shall be governed by and construed in accordance with the laws of England and Wales. The parties irrevocably submit to the exclusive jurisdiction of the courts of England and Wales.

TIRMANN LTD is committed to protecting the privacy and personal data of its clients and website visitors. This Privacy Policy explains how we collect, use, store, and protect your personal data in accordance with the UK General Data Protection Regulation (UK GDPR) and the Data Protection Act 2018.

3.1 — Data Controller

3.2 — Data We Collect

We collect and process the following categories of personal data:

• Identity data: Full legal name, nationality, country of residence
• Contact data: Email address
• Onboarding data: Trading experience declarations provided in Annex B
• Financial data: Invoicing details and payment records (no banking credentials are stored)
• Technical data: IP address, browser type, and basic analytics from website visits

3.3 — Purposes & Legal Bases

We process personal data for the following purposes:

• Contract performance (Art. 6(1)(b) UK GDPR): To deliver software licences, process payments, send invoices, and provide technical support
• Legal obligation (Art. 6(1)(c) UK GDPR): To comply with KYC obligations, sanctions screening, and applicable law
• Legitimate interests (Art. 6(1)(f) UK GDPR): To protect against fraud, improve our services, and maintain security

3.4 — Data Retention

Personal data is retained for a period of five (5) years following the termination of the contractual relationship, in order to comply with applicable legal and regulatory obligations. After this period, data is securely deleted.

3.5 — Data Security

We implement appropriate technical and organisational security measures, including AES-256 encryption at rest and TLS 1.2+ encryption in transit. Access to personal data is strictly limited to personnel who require it for legitimate business purposes.

3.6 — Data Sharing

We do not sell, rent, or share your personal data with third parties for marketing purposes. Personal data may be shared only in the following circumstances:

• With necessary subprocessors (e.g., invoicing software, email providers) under appropriate data processing agreements
• Where required by law, court order, or regulatory authority

3.7 — Your Rights

Under UK GDPR, you have the following rights in respect of your personal data:

• Right of access: Request a copy of the personal data we hold about you
• Right to rectification: Request correction of inaccurate or incomplete data
• Right to erasure: Request deletion of your data, subject to legal retention obligations
• Right to data portability: Receive your data in a structured, machine-readable format
• Right to object: Object to processing based on legitimate interests
• Right to restrict processing: Request that we limit how we use your data

To exercise any of these rights, please contact us at contact@tirmann.com. We will respond within 30 days of receipt.

3.8 — Data Breach Notification

In the event of a personal data breach, TIRMANN LTD will notify the relevant supervisory authority within 72 hours of becoming aware of the breach, where required under UK GDPR. Affected individuals will be informed without undue delay where the breach is likely to result in a high risk to their rights and freedoms.

3.9 — Complaints

If you have concerns about how we handle your personal data, you have the right to lodge a complaint with the Information Commissioner's Office (ICO) at ico.org.uk or by calling 0303 123 1113.

4.1 — Nature of Tirmann's Service

TIRMANN LTD provides a technological service focused on the development, programming, and licensing of algorithmic trading strategies and portfolios. Tirmann's services consist exclusively of software delivery.

Tirmann's services do not constitute:

• Investment advice or personalised recommendations
• Discretionary or collective asset management
• A solicitation or offer to buy or sell any financial instrument
• A guarantee of any level of performance or return

4.2 — Backtests & Historical Performance

Portfolio and strategy data presented by Tirmann — including equity curves, performance metrics, drawdown statistics, and monthly performance tables — are based on historical backtests unless explicitly labelled as live trading results.

Past performance, whether based on backtests or live trading, is not indicative of future results. Backtest results are subject to inherent limitations including but not limited to: look-ahead bias, survivorship bias, transaction cost assumptions, market impact, and the absence of slippage. Actual results may differ materially from backtest simulations.

Monte Carlo simulations and walk-forward validation are presented as methodological tools to assess robustness, not as predictions of future performance. All statistical confidence levels refer to historical simulations only.

4.3 — Client Responsibility

The Licensee is solely and entirely responsible for:

• All decisions regarding whether to deploy any strategy provided by Tirmann
• All capital allocation, position sizing, and risk management decisions
• Ensuring that algorithmic trading is suitable for their personal financial situation, experience, and objectives
• Compliance with applicable laws and regulations in their jurisdiction
• Any and all financial losses resulting from the use of Tirmann's software

4.4 — No Obligation to Deploy

The monthly Rotation — being the delivery of updated strategy files — does not constitute a recommendation or instruction to deploy any specific strategy. The Licensee is never obligated to activate, deploy, or use any strategy file delivered by Tirmann. All deployment decisions are made solely at the Licensee's discretion.

4.5 — Futures Trading Risks

Tirmann's strategies operate exclusively on futures markets. Futures trading involves significant risks specific to this instrument class, including but not limited to: leverage risk, liquidity risk, rollover risk, margin call risk, and the risk of losses exceeding initial capital. Clients should ensure they fully understand these risks before deploying any strategy.

4.6 — Technology & Operational Risks

Automated trading is subject to technical and operational risks including software errors, connectivity failures, data feed interruptions, broker outages, and execution delays. TIRMANN LTD cannot be held responsible for losses arising from such events beyond its reasonable control.

4.7 — Independent Advice

TIRMANN LTD strongly recommends that all clients seek independent advice from a qualified, regulated financial adviser before using algorithmic trading software or making any investment decision. The information and tools provided by Tirmann do not replace professional financial guidance.