Terms of Service
Last updated: June 5th, 2026
These Terms of Service ("Terms") are a binding legal agreement between you ("you," "your," or "User") and OPTIONMIGHTY LTD, a company registered in the Republic of Cyprus with registration number HE464575 ("VolNinja," "we," "us," or "our"), the provider of the VolNinja software and related websites, applications, and services (collectively, the "Service"). The Service includes the VolNinja self-hosted trading-automation software, the Risk Lab, the VolNinja landing site, the cloud account and access layer, and any documentation or support we provide.
PLEASE READ THESE TERMS CAREFULLY. By creating an account, installing or running the software, or otherwise accessing or using any part of the Service, you acknowledge that you have read, understood, and agree to be bound by these Terms, by our Risk Disclosure, and by our Privacy Policy, each of which is incorporated into these Terms by reference. If you do not agree, do not access or use the Service.
1. The nature of the Service — read this first
1.1 VolNinja is software, not advice. VolNinja provides software tools that let you design, test, and automate your own options-trading rules and connect them to your own brokerage account. The Service, including the Risk Lab and any templates, examples, strategies, metrics, charts, or educational material, is provided for informational and operational purposes only. Nothing in or produced by the Service is, or should be construed as, investment, financial, legal, tax, or accounting advice, a recommendation, a solicitation, or an offer to buy or sell any security or other financial instrument.
1.2 We are not a broker-dealer or an adviser. VolNinja is not a broker-dealer, an investment adviser, a registered investment adviser ("RIA"), a futures commission merchant, a commodity trading advisor, a commodity pool operator, an exchange, an alternative trading system, or a financial institution of any kind, and the Service is not registered with or endorsed by the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority, the Commodity Futures Trading Commission, the National Futures Association, or any other regulator. We do not hold ourselves out as attorneys, accountants, financial advisors, or investment advisors, and the Service is not a substitute for professional advice from a licensed professional of your choosing.
1.3 You trade your own account; we never do it for you. You supply, control, and are solely responsible for your own brokerage account (for example, your Interactive Brokers account) and the credentials used to access it. You install and run the VolNinja software, you connect it to your broker, and you design, configure, test, enable, and supervise every rule, template, and automation ("User Automation"). Any order generated through the Service is generated by automation you configured and is transmitted to and executed by your broker. VolNinja is never a party to, counterparty to, or guarantor of any trade, never takes discretion over your account, never places trades on your behalf on its own initiative, and never takes custody or possession of your funds, securities, or other assets. We do not control, and are not responsible for, the execution, rejection, timing, pricing, or settlement of any order by your broker.
1.4 You are solely responsible. You are solely and personally responsible for your choices, actions, configurations, and results in connection with the Service. You assume all risk, and no result is guaranteed in any way. See the Risk Disclosure for the full statement of risks, which you accept by using the Service.
2. Definitions
- "Software" means the VolNinja application(s) you install and run, including all components, updates, and documentation.
- "User Automation" means any rule, template, strategy, schedule, trigger, or other automated or semi-automated behavior that you create, configure, enable, or run using the Service.
- "Risk Lab" means the VolNinja tools for modeling, backtesting, and analyzing hypothetical strategy behavior.
- "Your Broker" means the third-party brokerage (for example, Interactive Brokers) at which you hold your account and through which orders are executed.
- "Cloud Services" means the VolNinja-hosted services that form part of the Service, including the account, subscription, and billing layer; the VolNinja web app; and the secure relay (tunnel) that connects your machine to the web app and through which your trading data is delivered. The Cloud Services may also include hosted storage or synchronization of trading-related data such as your templates, strategies, and performance history. We may add to, change, or remove Cloud Services over time. What each Cloud Service collects and stores is described in the Privacy Policy.
3. Eligibility and account
3.1 You must be at least 18 years old (or the age of majority in your jurisdiction, if higher) and able to form a binding contract to use the Service.
3.2 You agree to provide accurate, current, and complete information and to keep it updated. You are responsible for maintaining the confidentiality of your account credentials, multi-factor authentication, brokerage credentials, and any device or server on which you run the Software, and for all activity that occurs under your account or through your installation. Notify us promptly at support [at] volninja.com of any unauthorized use.
3.3 Electronic communications and notices. By creating an account or using the Service, you consent to receive communications from us electronically — including account, security, billing, transactional, and legal notices — and you agree that electronic communications satisfy any legal requirement that such communications be in writing. We may also send you optional product and marketing communications, which you can opt out of as described in the Privacy Policy; you cannot opt out of communications necessary to provide the Service while you maintain an account.
4. License, restrictions, and acceptable use
4.1 License. Subject to your continuous compliance with these Terms and payment of any applicable fees, VolNinja grants you a limited, revocable, non-exclusive, non-transferable, non-sublicensable license to access and use the Service for your own personal, non-commercial trading use only.
4.2 Restrictions. You may not, and may not permit any third party to: (a) resell, rent, lease, sublicense, distribute, or otherwise make the Service available to any third party, or use it to operate a service bureau or competing product; (b) copy, modify, translate, or create derivative works of the Service; (c) reverse engineer, decompile, disassemble, or attempt to derive the source code of the Service, or circumvent, disable, or tamper with any license, entitlement, usage limit, authentication, or other security or access-control mechanism; or (d) introduce malware, or use the Service to transmit unlawful, infringing, or harmful content.
4.3 Acceptable use. You agree that you will not, and will not permit anyone else to: (a) use the Service for any unlawful purpose, or in violation of any applicable law, regulation, or the rules of any exchange or self-regulatory organization; (b) use the Service to engage in, facilitate, or conceal market manipulation, spoofing, layering, insider trading, money laundering, or any other prohibited or fraudulent trading activity; (c) violate the terms, policies, or technical limits of Your Broker (for example, Interactive Brokers), of any market-data provider, or of any other third-party service used with VolNinja; (d) interfere with, disrupt, overload, or attempt to gain unauthorized access to the Service, the Cloud Services, the secure tunnel, other users' installations, or any associated systems or networks; or (e) misrepresent your identity, share or transfer your account or license to others, or access the Service using another person's credentials. You are solely responsible for ensuring that your use of the Service — including any automated order activity it generates in your own brokerage account — complies with all laws and with the terms of Your Broker and any market-data provider. We may investigate suspected violations, may suspend or terminate your access without notice as described in Section 13, and may report unlawful activity to the appropriate authorities.
5. Your responsibilities
You acknowledge and agree that you alone are responsible for:
- obtaining, funding, and maintaining your own brokerage account and any required market-data subscriptions, and complying with Your Broker's terms;
- the security and operation of the hardware, server, network, and software environment on which you run the Software;
- designing, configuring, testing in a paper/simulated environment, enabling, monitoring, and supervising every User Automation, including verifying its behavior before and during live trading;
- all orders, positions, gains, and losses arising from your use of the Service; and
- determining whether any strategy is appropriate for you in light of your own financial situation, objectives, and risk tolerance, after consulting your own licensed advisors.
You acknowledge that User Automations may open, modify, close, or fail to close positions automatically and not as you intended, and that you remain responsible for monitoring your account at all times.
6. Third-party services
The Service interoperates with third-party services, including Your Broker (for example, Interactive Brokers) and our payment processor (Stripe). Your use of those services is governed by their own terms and policies. VolNinja is not responsible or liable for the acts, omissions, availability, data, fees, security, or performance of any third party, and your relationship with Your Broker is solely between you and Your Broker.
7. Fees, billing, and refunds
7.1 Subscriptions and plans. Access to the Service requires a paid subscription. We offer one or more subscription plans, which may differ in features, access levels, and price, and which may be billed on a monthly, annual, or other interval; where an annual interval is offered, it may be discounted relative to paying monthly. The plans, features, prices, billing intervals, and any free-trial length available to you are shown at sign-up and at checkout, and are incorporated into these Terms by reference. We may add, change, or discontinue plans over time. Unless stated otherwise, all fees are in U.S. dollars.
7.2 Free trial. We may offer a free trial for the period stated at sign-up. Unless you cancel before the trial ends, your subscription will automatically begin and your payment method will be charged the then-current fee for the plan you selected. Free trials are limited to one per customer, are for new subscribers only, and may be modified or withdrawn at any time. We may require a valid payment method to start a trial.
7.3 Automatic renewal. Your subscription renews automatically at the end of each billing period (monthly or annual) at the then-current price, and your payment method will be charged, until you cancel. By subscribing, you authorize us and our payment processor to store your payment method and charge it on a recurring basis.
7.4 Cancellation. You may cancel at any time through your account's billing settings. Cancellation takes effect at the end of your current paid billing period; you retain access until then, and you will not be charged for the following period. We do not provide partial or pro-rated refunds for the unused portion of a billing period, except where required by law.
7.5 Refunds. Except as expressly stated in these Terms or as required by applicable law, all fees are non-refundable, including for partially used periods. The free trial is provided so you can evaluate the Service before being charged. Any refund or credit we may choose to provide in a particular case is at our sole discretion and does not entitle you to any refund or credit in the future.
7.6 Failed payments and past-due accounts. If a charge fails or your account becomes past due, we (through our payment processor) may retry the charge, and we may suspend or terminate your access to paid features if payment is not received within the applicable dunning period. You are responsible for keeping your payment method current.
7.7 Price changes. We may change our fees or plans. Any change applies to the next billing period; we will give you advance notice before a price change takes effect for your renewal, and your continued use of the Service after the change takes effect constitutes acceptance. If you do not agree to a new price, you may cancel before it takes effect.
7.8 Taxes. Stated fees do not include taxes. You are responsible for any sales, use, value-added, or similar taxes (other than taxes on our net income), and we may collect them where required.
7.9 Payment processor. Payments are processed by Stripe, and are subject to Stripe's terms and privacy policy. We do not store your full payment-card details. See our Privacy Policy for how billing information is handled.
8. Intellectual property
The Service and all software, content, trademarks, logos, and materials we provide are owned by VolNinja or its licensors and are protected by intellectual-property laws. Except for the limited license in Section 4, no rights are granted to you. You retain ownership of the configurations and data you create, subject to the license you grant us to operate the Cloud Services on your behalf as described in the Privacy Policy.
Third-party trademarks. "Interactive Brokers," "IBKR," "Stripe," and other product, broker, and company names referenced in the Service are the trademarks or registered trademarks of their respective owners. We use them only to identify and describe the third-party services that VolNinja interoperates with. VolNinja is not affiliated with, endorsed by, sponsored by, or otherwise associated with Interactive Brokers, Stripe, or any other broker, market-data provider, or third party, and their inclusion does not imply any such relationship.
9. Disclaimer of warranties
THE SERVICE IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITH ALL FAULTS AND WITHOUT WARRANTY OF ANY KIND. TO THE FULLEST EXTENT PERMITTED BY LAW, VOLNINJA AND ITS AFFILIATES, OWNERS, MANAGERS, EMPLOYEES, OFFICERS, DIRECTORS, AGENTS, AND LICENSORS (COLLECTIVELY, "VOLNINJA PERSONS") DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT, AND ANY WARRANTY ARISING FROM COURSE OF DEALING OR USAGE OF TRADE.
VOLNINJA MAKES NO WARRANTY THAT THE SERVICE WILL BE UNINTERRUPTED, TIMELY, SECURE, ACCURATE, COMPLETE, OR ERROR-FREE; THAT DATA, QUOTES, GREEKS, PRICES, OR OTHER OUTPUTS WILL BE ACCURATE OR TIMELY; THAT ANY ORDER WILL BE TRANSMITTED, RECEIVED, OR EXECUTED; OR THAT THE SERVICE WILL PRODUCE ANY PARTICULAR RESULT. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED FROM VOLNINJA CREATES ANY WARRANTY NOT EXPRESSLY STATED HERE.
10. Limitation of liability
TO THE FULLEST EXTENT PERMITTED BY LAW, UNDER NO CIRCUMSTANCES SHALL ANY VOLNINJA PERSON BE LIABLE TO YOU FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, PUNITIVE, EXEMPLARY, OR ENHANCED DAMAGES, OR FOR ANY LOST PROFITS, LOST TRADING GAINS, TRADING LOSSES, LOST DATA, LOST OPPORTUNITY, OR LOSS OF GOODWILL, ARISING OUT OF OR RELATING TO THE SERVICE OR THESE TERMS, WHETHER BASED IN CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, OR OTHERWISE, AND WHETHER OR NOT VOLNINJA HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
IN NO EVENT SHALL THE VOLNINJA PERSONS' TOTAL AGGREGATE LIABILITY TO YOU IN CONNECTION WITH THE SERVICE OR THESE TERMS EXCEED THE GREATER OF (A) THE TOTAL AMOUNTS YOU ACTUALLY PAID TO VOLNINJA IN THE SIX (6) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE LIABILITY, OR (B) ONE HUNDRED U.S. DOLLARS (US$100).
YOU SPECIFICALLY ACKNOWLEDGE THAT VOLNINJA IS NOT LIABLE FOR ANY TRADING LOSSES, MISSED TRADES, OR ORDERS THAT WERE OR WERE NOT EXECUTED, INCLUDING THOSE RESULTING FROM SOFTWARE DEFECTS, YOUR CONFIGURATION, CONNECTIVITY OR TUNNEL FAILURES, MARKET-DATA DELAYS, OR THE ACTS OR OMISSIONS OF YOUR BROKER. Some jurisdictions do not allow certain limitations, so some of the above may not apply to you; in that case our liability is limited to the maximum extent permitted by law.
11. Indemnification
You agree to defend, indemnify, and hold harmless the VolNinja Persons from and against any and all claims, demands, causes of action, damages, liabilities, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to: (a) your use of the Service; (b) any User Automation you create or run; (c) any trade, order, or transaction in your brokerage account; (d) your violation of these Terms or any law or third-party right (including Your Broker's terms); or (e) your violation of the rights of any third party.
12. Dispute resolution — binding arbitration and class-action waiver
PLEASE READ THIS SECTION CAREFULLY. IT AFFECTS YOUR LEGAL RIGHTS, INCLUDING YOUR RIGHT TO A JURY TRIAL AND TO PARTICIPATE IN A CLASS ACTION.
12.1 Binding arbitration. Except for claims that may be brought in small-claims court, any dispute, claim, or controversy arising out of or relating to the Service or these Terms shall be resolved exclusively by final and binding arbitration administered by Cyprus Arbitration and Mediation Centre (CAMC) under its then-current rules, rather than in court. The arbitration shall be held in Republic of Cyprus, or by remote means, and judgment on the award may be entered in any court of competent jurisdiction.
12.2 Class-action and jury waiver. You and VolNinja agree that each may bring claims against the other only in your or its individual capacity, and not as a plaintiff or class member in any purported class, collective, consolidated, or representative proceeding. The arbitrator may award relief only in favor of the individual party seeking relief and only to the extent necessary to resolve that party's individual claim. You and VolNinja waive any right to a jury trial.
This waiver of class, collective, consolidated, and representative proceedings is a material part of this arbitration agreement and is not severable from it. Notwithstanding the severability provision in Section 16, if this waiver is held unenforceable as to a particular claim or request for relief, then that claim or request for relief shall be severed and resolved exclusively in the courts identified in Section 15 — and not in a class, collective, or representative arbitration — while all other claims shall remain in arbitration.
12.3 Your right to opt out of arbitration. You may reject this agreement to arbitrate by sending us written notice within thirty (30) days of the date you first accept these Terms (or, if later, the date these arbitration terms first take effect for you). Your notice must include your name, the email address associated with your account, and a clear statement that you do not wish to resolve disputes through arbitration, and must be sent to legal [at] volninja.com. If you opt out in this way, neither you nor VolNinja will be required to arbitrate, and disputes will instead be resolved in the courts identified in Section 15. Opting out of arbitration has no effect on any other part of these Terms. If you do not opt out within the thirty-day period, you agree to be bound by the arbitration provisions of this Section 12.
13. Termination
We may suspend or terminate your access to and use of the Service, terminate your account, or remove or discard anything you transmit or store, at any time, without prior notice, and for any reason, including any breach of these Terms. You may stop using the Service at any time. Upon termination, the license in Section 4 ends, and Sections 1, 5, and 9–17 survive.
14. Changes to the Service and these Terms
We may modify, suspend, or discontinue any part of the Service at any time. We may also update these Terms; the "Last updated" date reflects the latest version, and your continued use of the Service after changes take effect constitutes acceptance. If you do not agree to the updated Terms, you must stop using the Service.
15. Governing law and venue
These Terms and the relationship between you and VolNinja are governed by the laws of Republic of Cyprus, without regard to its conflict-of-law provisions. Subject to Section 12, any action not subject to arbitration shall be brought exclusively in the courts located in Republic of Cyprus, and you consent to their personal jurisdiction and venue.
16. Miscellaneous
These Terms, together with the Risk Disclosure and Privacy Policy, constitute the entire agreement between you and VolNinja regarding the Service and supersede all prior agreements. If any provision of these Terms is held invalid or unenforceable, that provision will be modified and interpreted to accomplish its objectives to the greatest extent possible under applicable law, and if it cannot be so modified, it will be severed; in either case, the remaining provisions will remain in full force and effect. (The class-action waiver in Section 12.2 is governed by the separate non-severability rule stated in that Section.) Our failure to enforce any provision is not a waiver. You may not assign these Terms without our consent; we may assign them freely. Nothing in these Terms creates any agency, partnership, joint venture, or fiduciary relationship between you and VolNinja.
17. Contact
Questions about these Terms: legal [at] volninja.com · Support: support [at] volninja.com