Legal
Last Updated: June 9, 2026
By accessing or using PipsGuard ("Service"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, do not use the Service. PipsGuard is operated by PipsGuard ("we," "us," or "our").
PipsGuard is an automated risk management and trade enforcement tool for MetaTrader 5 (MT5) accounts. The Service monitors your trading activity in real-time and enforces protection rules you configure, including but not limited to drawdown limits, position sizing rules, time-based restrictions, and behavioral controls.
PipsGuard does NOT:
You must be at least 18 years old and legally capable of entering into binding agreements in your jurisdiction. By using PipsGuard, you represent that you meet these requirements.
You must provide accurate, current, and complete information during registration. You are responsible for maintaining the confidentiality of your account credentials. You are responsible for all activity under your account. You must notify us immediately of any unauthorized access.
To use PipsGuard, you connect your trading account by entering your MT5 login the same way you normally sign in to MetaTrader. By doing so, you authorize PipsGuard to enforce the rules you configure and to carry out rule-based actions (such as closing positions or blocking trades). You acknowledge that you provide your login voluntarily. We do not save, retain, or have access to your MT5 password — it stays within your MetaTrader connection and is removed when you remove your account.
PipsGuard offers subscription plans (Guardian, Sentinel, Overlord) with varying features and account limits. All prices are in US Dollars (USD). Subscriptions are billed monthly or annually, depending on your selection. Payments are processed through Stripe, a third-party payment processor. Subscriptions automatically renew unless canceled before the end of the billing period.
Payment for each billing period is due at the start of that period. If payment for a new billing period is not completed within four (4) days of its start date, we reserve the right to suspend your subscription and remove your account, including disconnecting any associated trading accounts. Removal for non-payment does not waive any amounts already owed.
You may cancel your subscription at any time through your dashboard or by contacting support. Upon cancellation, your subscription remains active until the end of the current billing period. No partial refunds are provided for unused time within a billing period. We do not offer refunds for completed billing periods.
PipsGuard enforces rules based on your configuration. Enforcement actions may include closing open positions at market price, blocking new trade requests, and pausing trading activity. You acknowledge that rule enforcement depends on market conditions, broker execution, network connectivity, and MT5 platform availability. While PipsGuard strives for 99.99% uptime, we do not guarantee uninterrupted service. PipsGuard is not liable for losses resulting from delayed enforcement, broker rejection of close requests, market gaps, slippage, or connectivity issues.
Because PipsGuard is designed to enforce discipline that cannot be overridden in the moment, certain actions are intentionally restricted while the Service is active. By using PipsGuard, you acknowledge and agree to the following:
Account slots. Each plan includes a fixed number of account slots. When you attach a trading account to a slot, that assignment is locked for the remainder of your current billing term and cannot be changed, swapped, or transferred to a different trading account during that term. You may assign a different trading account to a slot only after your current subscription term ends and a new term begins upon renewal. You may purchase additional account slots at any time from your dashboard; charges for added slots are billed to your subscription, and each new slot follows the same assignment and locking rules once a trading account is attached to it.
Rule changes. To preserve the integrity of your protection, your rules cannot be modified, disabled, or removed while a trade is open. In addition, once you have placed at least one trade on a given day, your rules are locked for the remainder of that trading day. You may adjust your daily settings, including your daily target, only if you have not yet placed any trade on that day.
Order placement. While a trading account is connected to PipsGuard, all order activity is managed through the Service so that every order is subject to your configured rules. Placing or modifying trades directly in the MetaTrader terminal is restricted while the account is connected.
Account removal. Trading accounts are connected and managed through your web dashboard. A connected trading account can be removed only when it has no open trades. If any position is open, the account cannot be removed until all of its trades are closed.
PipsGuard is a technical tool, not a financial advisor. Nothing in the Service constitutes investment advice, trading recommendations, or a solicitation to buy or sell any financial instrument. You are solely responsible for your trading decisions.
Trading foreign exchange, commodities, indices, and other financial instruments involves substantial risk of loss and is not suitable for all investors. You may lose more than your initial investment. PipsGuard reduces certain trading risks but does not eliminate them. Past performance does not guarantee future results.
You may not use PipsGuard to violate any applicable law or regulation, circumvent broker or prop firm rules in a manner that constitutes fraud, reverse engineer, decompile, or attempt to extract source code, resell, sublicense, or redistribute the Service, use automated tools to scrape or abuse the Service, or share your account credentials with third parties. You may not attempt to bypass, disable, override, tamper with, or otherwise circumvent PipsGuard's rule enforcement, account locking, order controls, or other protective mechanisms.
All content, software, designs, logos, and trademarks associated with PipsGuard are our exclusive property. You may not copy, modify, or distribute any part of the Service without written permission.
To the maximum extent permitted by law, PipsGuard shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, trading losses, data loss, or business interruption, arising from your use of the Service. Our total liability shall not exceed the amount you paid for the Service in the 12 months preceding the claim.
You agree to indemnify and hold harmless PipsGuard, its officers, directors, employees, and agents from any claims, damages, or expenses arising from your use of the Service, your violation of these Terms, or your violation of any third-party rights.
We reserve the right to modify, suspend, or discontinue the Service at any time, with or without notice. We may update these Terms from time to time. Continued use of the Service after changes constitutes acceptance of the updated Terms.
These Terms shall be governed by and construed in accordance with applicable law, without regard to conflict of law principles.
For questions about these Terms, contact us at support@pipsguard.com.