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Our Terms & Conditions are changing!
Bots News
November 21, 2022

Our Terms & Conditions are changing!

We would like to inform you that on 29th November 2022, the Terms & Conditions of BOTS will be updated for all BOTS users.

We have made a quick summary of the main changes for you below. You can also read the full document via this link:

  1. As you know, BOTS can remove underperforming bots from the App, so our users only have the best to choose from. When that happens, you will receive a one week notice with the recommended replacement bot (with same or lower risk category). After that we will automatically move your funds to the replacement bot. In any case, you can always move your funds before a bot is deleted.
  1. You might already be aware that in order to keep your investments as safe and secure as possible, they are legally placed with Stichting Bots Custodian. In this update, we added a clause to further confirm the role of Stichting Bots Custodian. 
  1. The applicable trading/transaction fees will be slightly reduced. 0.2 % remains as the maximum but if the bot does multiple trades within a limited period of time, the fee may be as low as 0.06 %.

If you do not agree with the amended Terms and Conditions, we’ll have to ask you to stop using the services provided by BOTS and withdraw your funds. If you take no action and continue with the use of the App, it will be regarded as an agreement and the adjustments will be made automatically.

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