Terms & Conditions

TERMS AND CONDITIONS

Last updated: 25 September 2026

These Terms and Conditions (“Terms”) govern your purchase and use of products and services supplied by Moreland Algorithmic Trading Ltd, trading as Moreland Algorithmic (“Moreland”, “we”, “us” or “our”).
Please read these Terms carefully before purchasing or using a Moreland service.
By purchasing a Moreland package, creating a customer account, activating a Moreland licence or using the Moreland cBot, you agree to these Terms.
Nothing in these Terms affects any rights you have under applicable consumer law which cannot legally be excluded or restricted.

1. ABOUT US

Company: Moreland Algorithmic Trading Ltd
Company Number: SC900766
Registered Office: 3 Hill Street, Edinburgh, EH2 3JP, United Kingdom
Website: morelandalgorithmic.com
Email: info@morelandalgorithmic.com

2. WHAT MORELAND PROVIDES

Moreland Algorithmic provides automated trading software and related setup, licensing and support services intended primarily for use with supported proprietary trading firm (“prop firm”) challenge and evaluation accounts.

Depending on the package purchased, the service may include:

Access to the compiled Moreland cBot
Moreland software licensing
Licence validation
Setup and activation
Use of the Moreland automated trading system on an authorised challenge account
Challenge-stage support
Step 1 to Step 2 transition for applicable 2-Step packages
Customer dashboard access
Challenge-status tracking
Eligibility for our Pass-or-Refund offer where the applicable conditions are satisfied

The exact service provided depends on the package selected at the time of purchase.

3. THE PROP-FIRM CHALLENGE IS A SEPARATE PURCHASE

Moreland does not sell the prop-firm challenge itself.
You purchase the relevant challenge or evaluation separately and directly from the prop firm.
Any prop-firm price displayed on our website is provided for information and comparison purposes only unless expressly stated otherwise.
Payment made to Moreland covers only the Moreland package shown at checkout.
Any amount paid by you directly to a prop firm is a separate transaction between you and that prop firm.
Moreland does not normally reimburse the price paid by you to a prop firm under the Moreland Pass-or-Refund offer.

4. PACKAGE PRICING

Our current package prices are displayed on the Moreland website and may change from time to time.
The price applicable to your order is the price displayed and agreed at the time you purchase.
Your Moreland package price includes a:
£15 Setup & Activation Fee
The remainder of the Moreland package price is the amount covered by the contractual Pass-or-Refund offer.

For example:
Moreland Package: £189
Setup & Activation: £15
Pass-or-Refund Covered Amount: £174
The £15 Setup & Activation Fee is excluded from the contractual Pass-or-Refund refund amount.
This does not limit any separate statutory rights you may have where applicable.

5. PAYMENT

Moreland prices are currently charged in United States Dollars (USD).
Payment is processed through our website using supported third-party payment providers, including Stripe.
You authorise the relevant payment provider to charge the amount displayed at checkout.
You are responsible for any currency-conversion charges, card-provider charges or similar charges imposed independently by your bank or payment provider.
A purchase is not treated as complete until payment has been successfully authorised or confirmed.

6. CUSTOMER ACCOUNT
You may be required to create a Moreland customer account before purchasing or accessing the service.
You must provide accurate and current information.
You are responsible for maintaining the confidentiality and security of your account credentials.
You must not knowingly allow another person to use your Moreland customer account as their own.
You must notify us promptly if you reasonably believe your Moreland account has been accessed without permission.

7. CHALLENGE DETAILS

Following purchase, you may be required to provide information necessary for setup and licensing.
This currently includes:

Prop Firm Challenge / Account ID
cTrader Account Number
cTrader ID / Username

You are responsible for ensuring that the information you provide is accurate.
Incorrect information may prevent the software from operating or cause licence validation to fail.
Moreland does not require you to submit your cTrader password or prop-firm account password through our website.

8. MORELAND SOFTWARE LICENCE

When your setup is ready, Moreland may issue a unique software licence associated with your order.
Unless otherwise expressly agreed, your licence is:

Personal to you
Non-exclusive
Non-transferable
Limited to the authorised challenge/account
Limited to the applicable Moreland package
Subject to these Terms

A licence may be bound to identifiers including:

Your Moreland licence key
Your cTrader ID
Your cTrader account number

The existence of a licence does not transfer ownership of the Moreland software or its source code to you.

9. LICENCE VALIDATION

The Moreland cBot may periodically communicate with Moreland's licence-validation service to verify that it remains authorised.
The software may prevent new trading activity if a licence is invalid, expired, revoked or does not match the authorised account information.
A valid licence may become invalid where:

The licence has been revoked
The authorised account has changed
The cTrader account number does not match
The cTrader identity does not match
The licence has reached the end of its authorised use
The relevant challenge has ended
Access has been suspended in accordance with these Terms

Licence validation may occur periodically while the software is running.
Where licence access changes, Moreland is designed to prevent further authorised trading rather than deliberately closing existing trades solely because licence validation has changed.

10. SOFTWARE RESTRICTIONS

You must not, except to the extent expressly permitted by applicable law:

Sell, rent, sublicense or distribute the Moreland cBot
Share your licence key with another person
Allow your licence to be used on an unauthorised account
Copy or distribute the software for use by another customer
Attempt to obtain or reconstruct Moreland's source code
Reverse engineer, decompile or disassemble the software
Circumvent or attempt to circumvent licence validation
Remove, disable or interfere with security or licensing controls
Modify the software for unauthorised distribution
Use Moreland intellectual property to create or distribute an unauthorised derivative product

A serious breach of this section may result in suspension or revocation of access.

11. INTELLECTUAL PROPERTY

All intellectual-property rights relating to Moreland Algorithmic, including its:

Software
Algorithms
Trading logic
Source code
Compiled cBot
Licensing system
Website
Branding
Documentation
Graphics
Written materials

remain owned by or licensed to Moreland Algorithmic Trading Ltd.

Your purchase grants you a right to use the relevant Moreland service in accordance with these Terms. It does not transfer ownership of any Moreland intellectual property.

12. THE PASS-OR-REFUND OFFER

The Moreland Pass-or-Refund Policy forms part of these Terms. By purchasing a package advertised as including Pass-or-Refund, you agree that eligibility for the contractual Pass-or-Refund promise is governed by both these Terms and the Pass-or-Refund Policy.

Eligible Moreland packages include our contractual:
Pass or your covered Moreland fee back
offer.
This does not mean that Moreland guarantees that every challenge will pass.
It means that where an eligible challenge fails and the conditions of the Pass-or-Refund offer have been satisfied, Moreland will refund the Pass-or-Refund Covered Amount associated with that order.
The £15 Setup & Activation Fee is not included in that contractual refund amount.
For example:
Package paid: £189
Setup & Activation: £15
Pass-or-Refund Covered Amount: £174
If an eligible refund is approved, the contractual Moreland refund would therefore be:
£174
This guarantee does not cover the separate amount you paid to the prop firm for the challenge itself.

13. PASS-OR-REFUND ELIGIBILITY

To remain eligible for Pass-or-Refund, you must:

Have purchased a Moreland package advertised as including Pass-or-Refund
Have paid for the Moreland package in full
Use a challenge/account supported by the purchased package
Provide complete and accurate challenge information
Use the software only with the account for which it was licensed
Follow the setup and operating instructions reasonably provided by Moreland
Keep your Moreland licence and account access valid
Allow the Moreland system to operate without unauthorised trading interference
Notify us of material account changes where required
Cooperate reasonably with any review following a challenge failure

Your dashboard may display your current Guarantee Status.
Possible statuses may include:
Eligible
Review Required
Refund Approved
Refunded
Not Required

14. THE UNTOUCHED ACCOUNT REQUIREMENT

The Pass-or-Refund offer is designed on the basis that the Moreland system is permitted to operate the challenge without the customer altering the trading activity.
Unless Moreland specifically instructs or authorises you to do so, you should not:

Manually open trades
Manually close trades
Modify positions opened by Moreland
Alter stop-loss or take-profit levels
Interfere with pending orders
Change Moreland trading parameters
Attach another automated trading system that affects the same challenge
Use copy-trading software that affects the challenge
Deliberately disable or obstruct the Moreland system while it is meant to be trading

You may view and monitor your account.
We refer to this as leaving the account untouched.
Interference will not automatically invalidate a guarantee merely because it is trivial or unrelated. However, where customer interference materially affects the operation, risk, trades or outcome of the challenge, Moreland may determine that the Pass-or-Refund conditions have not been satisfied.

15. OTHER CIRCUMSTANCES THAT MAY AFFECT GUARANTEE ELIGIBILITY

Pass-or-Refund may not apply where the challenge failure was materially caused by circumstances outside the operation of the Moreland system, including:

Incorrect account information supplied by the customer
Customer trading or material interference
Use on an unauthorised account
Another trading bot, copier or third-party system affecting the account
A breach or restriction imposed because of the customer's own actions
Loss of account access caused by the customer
Material changes made by a prop firm after purchase which prevent the service from operating as originally intended
Platform or third-party failures outside Moreland's reasonable control
Fraudulent use, licence sharing or circumvention of Moreland's licensing system
A material breach of these Terms which directly affects provision of the service

Any guarantee decision will be considered on the relevant facts and information available.
Nothing in this section limits your statutory rights where Moreland itself has failed to provide the service with the standard required by applicable law.

16. IF YOUR CHALLENGE FAILS

If an eligible challenge fails, your Guarantee Status may be changed to:
Review Required
Moreland may review information reasonably necessary to determine whether the Pass-or-Refund conditions were satisfied.

This may include relevant:

Challenge history
Trade history
Account information
Software/licence records
Technical information
Communications with you

We may request further information where reasonably necessary.
If the claim is approved, the Guarantee Status may change to:
Refund Approved
The applicable Pass-or-Refund Covered Amount will then be refunded.
Once processed, the status may change to:
Refunded
We will instruct an approved refund promptly. The time taken for funds to appear after processing may depend on your card issuer, bank or payment provider.

17. SUCCESSFUL CHALLENGES

If the relevant challenge is successfully completed, the Pass-or-Refund guarantee is no longer required for that challenge.
The Guarantee Status may therefore be changed to:
Not Required
Completion of a challenge does not guarantee that a prop firm will subsequently provide, maintain or continue a funded account.
Any decision made by a prop firm remains subject to that firm's own rules and contractual terms.

18. TWO-STEP CHALLENGES

Where you purchase a 2-Step Moreland package, the service is intended to cover the applicable Step 1 and Step 2 stages of that challenge, subject to these Terms.
After Step 1 is passed, the prop firm may issue different account details for Step 2.
Where this happens, you must provide the new Step 2 account information requested through the Moreland customer system.
Moreland may:

End or revoke the Step 1 licence;
Update the account details associated with your order; and
Issue or activate a licence for the authorised Step 2 account.

You should not attempt to use the Step 1 licence on a different Step 2 account unless Moreland has specifically confirmed that it is authorised.
The issue of a replacement licence as part of the normal Step 1 → Step 2 transition does not, by itself, constitute a new package purchase.

19. THIRD-PARTY PROP FIRMS

Moreland is independent of the prop firms displayed or supported through our service unless we expressly state otherwise.
The inclusion of a prop firm on our website does not mean that the prop firm owns, controls or endorses Moreland.
Prop firms operate under their own:

Rules
Terms
Trading objectives
Drawdown limits
Technical requirements
Automated-trading policies
Account-review procedures

You are responsible for reading and complying with the terms applicable to your prop-firm account.
Prop-firm rules may change.
We cannot control a prop firm's systems, decisions or future rules.

20. CTRADER AND OTHER THIRD-PARTY SERVICES

Moreland currently uses cTrader-compatible technology.
cTrader and related technology are provided by third parties independently of Moreland.
Moreland does not control:

cTrader availability
Broker or prop-firm servers
Internet connectivity
Execution infrastructure operated by third parties
Spread, slippage or pricing provided by third parties
Third-party outages or maintenance

References to cTrader or other third-party brands do not imply ownership or endorsement unless expressly stated.

21. TRADING AND CHALLENGE RISK

Automated trading involves risk and uncertainty.
Trading results can vary due to factors including:

Market conditions
Price movements
Volatility
Spreads
Slippage
Execution
Liquidity
Prop-firm rules
Technical interruptions
Platform behaviour

Historical results, testing, simulations, backtests or previous challenge results do not guarantee future performance.
A challenge may fail.
A successful challenge in the past does not mean that a future challenge will pass.
The Pass-or-Refund offer is a contractual refund arrangement subject to these Terms and is not a guarantee of trading success, profitability or receipt of a funded account.

22. NO PERSONAL INVESTMENT ADVICE

Information provided by Moreland is provided in connection with the Moreland software and service.
Nothing on the Moreland website should be understood as personalised financial, investment, tax or legal advice.
Moreland does not take custody of money held in your trading or prop-firm account.
You remain responsible for deciding whether the service is appropriate for your circumstances and for understanding the terms of any third-party account you obtain.

23. IMPORTANT REGULATORY AND THIRD-PARTY LIMITATIONS

Moreland is designed for supported prop-firm challenges/evaluations and should only be used for the purpose and account type authorised by your Moreland package.
You must not use the software on another account merely because the software can technically connect to it.
Where use of automated trading is prohibited or restricted by a particular prop firm or account type, you must not use Moreland in breach of those restrictions.

24. SOFTWARE AND TECHNICAL AVAILABILITY

We aim to keep Moreland's systems and licence-validation service available and operational.
However, software and online services may occasionally be affected by:

Maintenance
Updates
Bugs
Internet outages
Hosting failures
Third-party outages
Platform changes
Security incidents
Events outside our reasonable control

We may release updates or replacement versions of the Moreland software where reasonably necessary for security, compatibility, reliability or service improvement.
You may be required to install an updated version in order to continue using the service.

25. SUSPENSION AND REVOCATION

Moreland may suspend or revoke a software licence where reasonably necessary because:

The relevant challenge has ended
The package has been completed
A refund has been processed
The licence has been replaced for another challenge stage
Payment has been reversed or legitimately cancelled
The licence is being shared or misused
The software is being distributed without permission
Licensing protections are being circumvented
There is a material security risk
There has been a material breach of these Terms

Where practicable and appropriate, we may contact you before or following suspension.
We will not use this provision to deprive a customer of statutory rights or arbitrarily withdraw a paid service without a legitimate reason.

26. CANCELLATION RIGHTS

If you are a consumer, applicable law may provide cancellation rights for contracts entered into online.
Different rules can apply to services and digital content.
Where you ask us to begin providing services or supplying digital content during a statutory cancellation period, we may request your express consent for supply or performance to begin immediately and, where legally required, your acknowledgement of the effect this has on your cancellation rights.
Nothing in these Terms removes a cancellation, refund or other consumer right which applicable law says cannot be excluded.

27. REFUNDS OUTSIDE PASS-OR-REFUND

The Pass-or-Refund offer is separate from any refund or remedy to which you may be legally entitled.
Where the law requires us to provide a refund, repeat performance, price reduction or another remedy, your statutory rights will apply regardless of the contractual Pass-or-Refund rules.
The contractual £15 Setup & Activation exclusion does not override statutory consumer rights.

28. CHARGEBACKS AND PAYMENT DISPUTES

If you believe a payment has been made incorrectly or there is a problem with your service, please contact:
info@morelandalgorithmic.com
so that we can investigate.
Fraudulent or abusive payment disputes may result in suspension of software access while the matter is investigated.
Nothing in this section prevents you from exercising legitimate rights available through your bank, card provider or applicable law.

29. LIMITATION OF LIABILITY

Nothing in these Terms excludes or limits liability where doing so would be unlawful, including liability which cannot legally be excluded for fraud, fraudulent misrepresentation, or death or personal injury caused by negligence.
Moreland is not responsible for losses caused solely by matters outside our reasonable control or by the independent actions of a prop firm, trading platform or other third party, except where applicable law provides otherwise.
Moreland is not responsible for the separate prop-firm challenge fee merely because a challenge fails.
Where you are a consumer, we remain responsible for loss that is a foreseeable result of our breach of these Terms or our failure to use reasonable care and skill where applicable.
We are not responsible for losses that were not caused by our breach or were not reasonably foreseeable.
Nothing in this section affects your statutory consumer rights.

30. EVENTS OUTSIDE OUR REASONABLE CONTROL

We will not be responsible for delay or failure caused by events genuinely outside our reasonable control.
These may include significant:

Internet or hosting outages
Third-party platform failures
Cyber incidents
Government action
Changes in law
Exchange or market disruption
Natural disasters
Telecommunications failures

Where such an event materially affects an active service, we will take reasonable steps to minimise disruption where practicable.

31. AGE AND CAPACITY
You must be at least 18 years old and legally capable of entering into a contract to purchase Moreland services.
You are also responsible for satisfying any age or eligibility requirements imposed by the relevant prop firm, payment provider or platform.

32. COMMUNICATIONS

We may communicate with you through:

Email
Your Moreland dashboard
Website notices
Customer-support communications

You are responsible for maintaining an email address that you can access and for keeping relevant account information reasonably up to date.

33. CHANGES TO THESE TERMS

We may update these Terms from time to time.
Changes will generally apply to future purchases from the date the updated Terms are published.
We will not retrospectively remove material contractual rights associated with an existing purchase merely by publishing new Terms.
Where a technical, security or legal change reasonably requires a modification affecting an existing service, we may make the necessary change and provide appropriate notice where required.

34. IF PART OF THESE TERMS IS INVALID

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions will continue to apply to the extent legally permitted.

35. NO WAIVER

If we do not immediately enforce a right under these Terms, this does not necessarily mean that we have waived that right.

36. THIRD-PARTY RIGHTS

Unless expressly stated otherwise, no person other than you and Moreland Algorithmic Trading Ltd has a right to enforce these Terms.

37. GOVERNING LAW AND DISPUTES

These Terms are governed by the law of Scotland.
If you are a consumer, this does not deprive you of any mandatory consumer protections that apply to you under the law of the country or part of the United Kingdom in which you normally live.
Where applicable, consumers may bring proceedings in a court that has jurisdiction under applicable consumer law.
Before beginning formal proceedings, we encourage you to contact us so we can attempt to resolve the issue.

38. CONTACT

Questions regarding these Terms, your order or the Moreland service should be sent to:

Moreland Algorithmic Trading Ltd
Company Number: SC900766
3 Hill Street
Edinburgh
EH2 3JP
United Kingdom
Email: info@morelandalgorithmic.com