Terms of Service and Risk Disclosure

Last updated: 10 August 2026

Who you are dealing with. APEX NQ is operated by an individual sole trader based in the United Kingdom. We are not a broker, an investment firm, a fund manager or a financial adviser, and we are not authorised or regulated by the Financial Conduct Authority. We sell no investment and we never hold client money.

Contact: theogoodsmithmtb@gmail.com
Governing law: these terms are governed by the laws of England and Wales, and the courts of England and Wales have jurisdiction. If you are a consumer resident elsewhere in the UK or the EU, you keep the right to bring a claim in the courts of your own country.
Privacy: see our Privacy Policy for what we collect and your rights.

1. What APEX NQ is, and what it is not

APEX NQ ("the Software") is educational algorithmic trading software licensed free of charge to members. It executes a fixed, rule based model on your own MetaTrader 5 platform and your own brokerage account. The Software is provided for educational and informational purposes only.

We are not a broker, investment firm, fund manager or financial adviser.
We never hold, touch or have access to your money or your trading account.
Nothing on this site or in the Software is investment advice, a personal recommendation, or an invitation to trade any financial instrument.
You alone decide whether to run the Software, on which account, at what risk setting, and whether on demo or live funds.

2. Risk of loss

Trading leveraged products such as contracts for difference carries a high level of risk. You can lose some or all of your deposited funds and, depending on your broker's terms, potentially more than your deposit. Losing trades, losing weeks, losing months and extended drawdown periods are a normal and expected feature of the model and are documented in our published research. You must only ever trade with money you can afford to lose entirely.

3. Performance figures

All statistics on this site are the output of historical backtesting, including simulation on real recorded tick data. Simulated performance has inherent limitations: it is produced with the benefit of hindsight, does not involve real capital, and may differ from live results due to slippage, spread variation, execution latency, broker differences and changing market conditions. Past performance, whether simulated or real, is not a reliable indicator of and does not guarantee future results. No profit, income or performance level of any kind is promised or guaranteed.

4. Your responsibilities

You are at least 18 years old and legally able to enter this agreement.
You are responsible for compliance with the laws and regulations of your own country, including whether CFD trading is permitted for you.
You are responsible for your broker choice, account configuration, risk settings, and the account the Software runs on. The Software is supplied ready to trade a live account from installation. If you wish to evaluate it without risking money, it is your responsibility to install it on a demo account.
You will seek independent professional financial advice if you are unsure whether trading is appropriate for your circumstances.

5. Limitation of liability

To the maximum extent permitted by law, we accept no liability for any trading losses, loss of profit, loss of data or any direct, indirect or consequential loss arising from use of the Software or reliance on any material on this site. The Software is provided "as is" without warranty of any kind, including fitness for a particular purpose. Our total aggregate liability for any claim shall not exceed one hundred pounds sterling. Nothing in these terms excludes liability that cannot lawfully be excluded.

6. Free access and the broker commission

Access to the Software is provided free of charge. It is funded by a commission the partner broker pays us based on your trading volume, at no additional cost to you and without affecting your spreads. Your licence remains active while your account is linked to us through the partner referral. If it cannot be matched to a partner account, or you ask us to close it, the licence deactivates and the Software stops opening new trades.

7. License

Your licence is personal and non transferable for your own accounts. Sharing, reselling or redistributing the Software or license keys is prohibited and results in termination without refund.

8. Acknowledgment record

Before registering you are required to read and individually confirm twelve separate acknowledgments. These cover, among other things: that the Software is educational and not advice; that you may lose all deposited funds; that no performance is promised; that the published figures are historical simulations rather than a live track record; that the record contains regular losing months and a drawdown of 79% at the default risk setting; that this is not a get rich quick scheme and not a substitute for income; that you are using money you can afford to lose entirely; that the Software trades a live account from installation; that no one manages your account but you; and that you will not hold us liable for your trading results. Your confirmations are recorded with a timestamp, IP address and browser identifier, and retained as evidence of informed consent.

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