Legal & Compliance

1
Overview

Nordman Algorithms is committed to operating in accordance with applicable laws, industry standards, and best practices related to software development, data protection, and online services.

This page provides an overview of our legal structure, regulatory positioning, and compliance principles.

2
Regulatory Status

Nordman Algorithms operates as a software development and technology provider. We develop and distribute tools for:

  • Market data analysis
  • Trading automation
  • Platform integration

We do not provide:

Financial services Investment advice Portfolio management Broker / dealer services Client fund management

Our products are technical software tools and do not constitute regulated financial products or services. Users are solely responsible for all trading decisions, risk management, and outcomes.

3
Business Information
Legal name Nordman Algorithms OÜ
Registration number 14435535
VAT number EE102184027
Registered address Vesivärava 50-201, Kesklinna linnaosa, 10152 Tallinn, Harju County, Estonia
Registry Estonian Business Register
Official entry ariregister.rik.ee →
4
Compliance Principles

We follow a set of core compliance principles designed to ensure transparency, security, and responsible business practices.

4.1 Software-only model

We operate exclusively as a software provider. We do not provide discretionary signals, managed trading, or financial advisory services.

4.2 User control & responsibility

All functionality provided by our software is based on predefined logic, operates within user-defined parameters, and requires user interpretation and decision-making. Users retain full control over trading decisions, risk management, and strategy implementation.

4.3 No guarantees or performance claims

We do not guarantee profitability, trading performance, or accuracy of market outcomes. Any examples, visualizations, signals (including visual markers such as arrows, zones, or highlights generated on the chart), or analytical outputs produced by the software are provided for analytical and educational purposes only.

4.4 Transparency & disclosure

We provide clear and accessible documentation regarding product functionality, risks associated with trading, and limitations of the software. Full risk information is available on our Risk Disclosure page.

5
Anti-Fraud & Acceptable Use

We maintain a strict policy against misuse of our services. Users are prohibited from:

  • Using the software for illegal activities
  • Attempting to exploit platform vulnerabilities
  • Redistributing or reselling proprietary software without authorization
  • Bypassing licensing or security mechanisms

We reserve the right to suspend access in cases of suspected abuse.

6
Anti-Money Laundering (AML) & KYC Position

Nordman Algorithms does not operate as a financial institution and does not process or hold client funds. As such:

  • We are not subject to AML/KYC requirements applicable to financial service providers
  • We do not onboard users as financial clients
  • We do not perform brokerage or custodial functions

Payments are processed through third-party payment providers, which may apply their own AML/KYC procedures.

7
Third-Party Services

Our services depend on third-party platforms and providers, including trading platforms (MetaTrader 4/5, NinjaTrader, DAS Trader, cTrader, TradingView, TradeStation, Quantower, Interactive Brokers (IBKR) / Trader Workstation (TWS), Tradovate), brokers and data providers, and payment processors. We are not responsible for execution of trades, broker performance, data feed accuracy, or third-party service interruptions.

8
Intellectual Property & Licensing

All intellectual property rights related to Nordman Algorithms products are governed by our Security & Intellectual Property policy.

9
Data Protection & Privacy

All matters related to user data collection, storage, and processing are covered in our Privacy Policy and Cookie Policy.

10
Risk Disclosure

Trading financial instruments involves significant risk. Our software does not eliminate market risk, does not predict future outcomes, and does not guarantee results. Please review our full Risk Disclosure.

11
Governing Law

This website and services are governed by the laws of Estonia. Any disputes shall be subject to the jurisdiction of Estonian courts unless otherwise required by applicable law. The full governing law clause is set out in our Terms of Service.

12
Contact

For legal or compliance-related inquiries, please contact us:
contact@nordman-algorithms.com