Version: 2.3 · Last updated: 14 September 2026
Operating entity: Raam Intelligence (Israel) Ltd, company no. 517192654, 16 Bar Kochva Street, Bnei Brak, Israel ("Raam Intelligence," "we," "us," "our"). Raam Intelligence operates the RaamTrade platform (the "Platform" or "RaamTrade"). Contact: [email protected].
The Hebrew version of these Terms is the binding and governing text for all purposes with respect to users in Israel; this English version is a convenience translation.
These Terms of Service (the "Terms") form a binding agreement between you and Raam Intelligence governing your access to and use of RaamTrade. By creating an account, clicking "I accept," or using the Platform, you confirm that you have read, understood, and agree to be bound by these Terms.
You also agree to our Privacy Policy and Risk Disclosure, which are incorporated into these Terms by reference. One feature carries supplementary terms you accept separately when you first use it — the RaamAI Terms of Use (before using RaamAI); they supplement these Terms and prevail over them only for RaamAI. If you use RaamTrade as a Member of a Partner (as those terms are defined in Section 1; see Section 9), the applicable Partner terms also apply to that part of your activity.
You represent that you have the legal capacity to enter into this agreement. If you do not agree to these Terms, do not use the Platform.
RaamTrade is do-it-yourself trading software. It gives you professional tools to build, test, optimize, and run your own trading strategies on your own connected brokerage account. The following are binding representations about what we do and do not do:
To use RaamTrade you must:
Closed Alpha participation. RaamTrade is pre-release software, offered during the Closed Alpha to invited users only. By participating you understand and agree that: (i) your invitation is personal and non-transferable, and we may withdraw Closed Alpha access at any time, with or without notice; (ii) features may change, be withdrawn, or behave unexpectedly, and the Platform is provided without any service-level commitment (Section 11); (iii) at the end of the Closed Alpha, or when we move to a new version of the Platform, we may need to reset or delete Platform data such as strategies, boards, and results — we will give notice through the Platform where practicable, and this never affects your positions, orders, or records at your broker; and (iv) feedback, suggestions, and bug reports you give us may be used by Raam Intelligence freely and without obligation to you, and grant you no right in the Platform. Nothing in this paragraph reduces your ownership of your User Content (Section 6) or any mandatory right you have under law.
Your account. You must provide accurate registration details and keep them current. You are responsible for keeping your credentials confidential and for all activity under your account. Notify us promptly at [email protected] of any unauthorized use.
Your Connected Broker. The brokerage relationship is between you and your broker. By connecting a broker you represent that you are the rightful owner of, and are authorized to use, that account. We may require proof of that authorization and may suspend the connection if it is not provided.
When you connect a broker, you authorize RaamTrade to act as a conduit for your own instructions:
Market data. The market data shown to you on the Platform and consumed by the tools you run — including charts, data feeds, and backtests — is retrieved through your own broker connection, under the data entitlements of your own account with your broker, and is subject to the agreements between you and your broker and the data providers and exchanges behind it — including your obligation to declare your professional or non-professional subscriber status to your broker truthfully, where required. The Platform is not the source of the market data and distributes no market data of its own, and without an active broker connection no real market data is shown to you. Market data is for your use within the Platform only: you may not redistribute, republish, sell, or extract it from the Platform (Section 7). Rights in market data remain with the exchanges and providers, and its supply may be limited or discontinued if your data entitlement with your broker lapses or changes. If in the future we make data available to you from additional sources other than your broker (for example, public feeds or licensed data), we will update these Terms, and the supply of such data will be subject to the relevant source's terms and to the usage restrictions presented alongside it.
Subject to these Terms, we grant you a limited, non-exclusive, non-transferable, non-sublicensable, revocable licence to use the Platform for your own personal trading purposes. All rights not expressly granted are reserved to Raam Intelligence.
You may not, and may not permit others to: copy, modify, distribute, sell, or lease any part of the Platform; reverse-engineer, decompile, or disassemble it; circumvent its security, rate limits, or access controls; or probe, benchmark to expose, or attempt to derive the internals of the Platform's optimization engine or other proprietary methods. The performance and design of the optimization engine are confidential trade secrets of Raam Intelligence; misuse of them may constitute misappropriation of a trade secret under the Commercial Torts Law, 5759-1999. The same applies to the RaamCode tooling: you may not decompile or disassemble the RaamCode transpiler, runtime, or execution components, attempt to reconstruct how they work, or develop, distribute, or operate an alternative compiler, translator, or runtime for the RaamCode language or for code written in it — the language is open for writing strategies for your own use on the Platform, not for rebuilding its tooling.
The user's ownership of content they create. You retain full rights in your RaamCode Strategies and your other User Content. We do not claim ownership of your Strategies, and we do not publish them or make them visible to other users without your action. You are not required to publish your User Content, in whole or in part; any publication or sharing is done solely on your initiative and at your choice.
Licence you grant us. You grant Raam Intelligence a limited licence to host, store, compile, run, backtest, and optimize your User Content, and to display it back to you, solely to provide the Platform to you. We reserve the right to use, in the future, de-identified, aggregated data derived from Platform usage to operate and improve the Platform, provided that such data is processed so that it cannot reasonably be used to identify you or reconstruct your trading.
Examples and Templates. Example Strategies remain the intellectual property of Raam Intelligence, and Partner Templates remain the intellectual property of the relevant Partner, each licensed to you for use on the Platform. When you "Save As" and edit a copy, you own the edited copy you create.
You represent that you have the rights necessary to submit the User Content you submit, and that it does not infringe any third party's rights or violate any law.
You agree not to use the Platform to:
Trading involves a substantial risk of loss, including the loss of your entire invested capital. You assume all of that risk, and you alone are responsible for your trading decisions and their outcomes. There is no guarantee of profit. You should trade only with funds you can afford to lose in full, without impairing your financial position.
All Output — including backtests, optimization results, Walk-Forward Analysis, and paper-trading results — is hypothetical and for educational and analytical purposes only. Hypothetical and backtested results have inherent limitations: they are prepared with the benefit of hindsight, do not reflect actual trading, may not account for all real-world costs (slippage, broker fees, market impact), and may reflect market conditions that no longer apply. Past, backtested, hypothetical, and optimized performance does not indicate future results. We restate this in short form at the point where Output is presented; the absence of a restatement anywhere does not waive it.
RaamTrade can be used by individuals on their own, and by Members who participate through a Partner (a content Partner, as defined in Section 1). "Partner Content" means everything a Partner publishes on the Platform for its Members: courses and lessons, Templates, indicators, trading schedules (Sessions), and the materials that accompany them. This Section is the terms of use for Partner Content; it has no separate acceptance document — accepting these Terms includes it.
a. What a Partner provides. A Partner provides education and tweakable Templates only. A Partner's Template is a scaffold: you must configure it yourself — parameters, symbols, position size, and account — before it can run, and the configuration you chose and the decision to run it are yours. A Partner does not provide ready-to-run strategies, signals, or advice through the Platform. Partner Content does not include any live track record or any systematic or cumulative display of the actual trading results of any real account — the Partner's or anyone else's — and running Partner Content in your account does not follow any account (Section 2(5)); performance results the Platform shows for Partner Content are hypothetical Output only.
b. Releases; shown and hidden source. A Partner's Templates, strategies, and indicators are made available as frozen, numbered copies ("Releases"); a Release you run never changes underneath you — a Partner publishing a new Release does not change a strategy already running in your account, and a version change takes effect only on the next deployment you yourself perform: on deployment you receive the Release you pinned, or, if you pinned none, the latest published Release. Where a Release was published with shown source, you may read the code and "Save As"; the copy you create is your User Content for every purpose — owned by you, no longer attributed to the Partner, and not subject to its limits — and the original code remains the Partner's intellectual property. Where a Release was published with hidden source, it runs in compiled form only: you may not access, copy, decompile, or attempt to extract its source or logic, and running it is attributed to the Partner and subject to the Plan limits it set.
c. Plan limits; membership is additive. A Partner's control is scoped only to the content that Partner provides — including Plan limits on allowed strategies and on the capital or number of contracts that content may deploy; the Platform enforces those limits. A Partner has no control over, or access to, strategies you created yourself, your broker connection, your account, or your orders, and membership is additive: you remain a full do-it-yourself trader for anything you build yourself.
d. No endorsement, no review. The Partner operates independently of Raam Intelligence. We do not write Partner Content, do not review, verify, or approve it, and do not vouch for it, for the Partner, or for its results; their presence on the Platform means only that the Partner was admitted and entered into a Partner Agreement with Raam Intelligence, and implies no recommendation. Performance results shown for Partner Content are hypothetical Output, and Section 8 applies to them in full. The Partner alone is responsible for meeting the legal and licensing requirements that apply to it; a Partner's admission to the Platform is no representation or approval of its compliance with law and does not make Raam Intelligence responsible for its acts or omissions — all without derogating from any liability that cannot be excluded by law.
e. Your relationship with the Partner. Any payment to a Partner, and any agreement between you and it, is made and performed outside the Platform, between you and the Partner alone; Raam Intelligence is not a party to it, does not collect, process, or facilitate such payments, and does not mediate or decide disputes between you and a Partner. The Partner alone is responsible for its regulatory status and its compliance with law. Through the Platform a Partner sees that you are a Member of its program, the Tiers granted to you, the contact details it itself supplied for you, and aggregate usage data about its content — never your broker tokens, balances, orders, or positions (see the Privacy Policy).
f. Leaving, revocation, and removal. You may leave a Partner's program at any time, and a Partner may revoke your entitlement to its content or stop offering it. In any such case, and where we suspend or remove a Partner or Partner Content (including for a credible complaint, a regulator's request, or content that crosses the Platform's rules): your access to that Partner Content ends and you cannot deploy it again; a strategy of that Partner already running on your account keeps running unchanged, per the trading route you yourself configured and approved at deployment, until you stop it; the Partner's Plan limits are checked when a deployment is approved, and an approved route can no longer be modified or redeployed after access ends. The Platform never force-closes a position — and we may stop such a strategy on reasonable advance notice, or immediately where a concrete security, fraud, or malicious-content concern or a legal demand requires it (Section 15). Your positions and orders at your broker are not touched. "Save As" copies you created from shown source remain yours. To report suspected fraud, misleading claims, or a violation: [email protected].
On the Platform you can buy, with a payment card, a seat — your level of use of the Platform, bought for monthly periods — as well as a RaamAI credit pack and a run-unit pack, which are one-off purchases. Prices are stated in US dollars and include VAT; the charge itself is made in new Israeli shekels, at the conversion rate we set and publish, and the shekel amount you will be charged is shown to you on the payment page before you buy. The following terms apply to every purchase:
A seat starts at once and is not refunded. A seat you buy takes effect as soon as the payment completes, and credits and run units you buy are available to you at once. Cancelling stops the next renewal only — the seat stays in effect until the end of the period you paid for, and there is no refund for the paid period or for a pack you bought. Your mandatory consumer rights are preserved. Nothing in this Section removes any right of cancellation of transaction or "cooling-off" period you have under the Israeli Consumer Protection Law, 5741-1981, and the Consumer Protection (Cancellation of Transaction) Regulations. Where a seat or a pack constitutes a "distance sale" of content or goods available for immediate use, an exception to the cancellation right may apply under the Consumer Protection Law and the Cancellation of Transaction Regulations — but nothing in these Terms removes a cancellation right you have under the law.
THE PLATFORM, ITS DATA, AND ALL OUTPUT ARE PROVIDED "AS IS" AND "AS AVAILABLE," WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED. TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE DISCLAIM ALL IMPLIED WARRANTIES, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, AND ANY WARRANTY THAT THE PLATFORM WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE, OR THAT MARKET DATA, BACKTESTS, OR OUTPUT WILL BE ACCURATE OR COMPLETE.
Without limiting the above, and to the maximum extent permitted by law:
Automation may be delayed or fail. Alerts, live execution, and semi-automatic execution depend on software, networks, market data, and your broker, and may be delayed, fail, or misfire for reasons outside our control. Automated trading on a live account starts only after you review your staged changes on the Save & Trade screen — which strategy starts, and on which account — and press Send. You must not rely on the Platform's automation as the sole means of monitoring your account or managing your positions; you are responsible for monitoring your account, primarily through your broker's own interface, which is authoritative.
Stopping a strategy, orders, and positions. Stopping a running strategy prevents its future automated actions; it does not cancel any order already sent to the broker — including orders you placed manually — and open positions remain open, unless you explicitly choose, on the stop screen, to close all positions, in which case market orders are sent to close them. Deleting a running strategy triggers such a close attempt for the positions it manages. The Platform does not place resting protective orders (such as stop-losses) in your broker account; protection levels defined by a strategy are enforced by the Platform only while it runs. A position left open after a stop, disconnect, or outage is no longer managed by the Platform, and you must monitor and manage it directly at your broker; disconnecting a broker stops the automation services only, and neither cancels orders nor closes positions.
We may modify, suspend, or discontinue the Platform or any feature at any time. A Platform outage suspends the automation services only; it does not affect your access to your broker account, the assets held in it, or your ability to manage your positions through your broker's interface. For clarity, while automation is suspended your Strategy does not run, and open positions may be left without automated management.
This Section operates subject to the preserved mandatory provisions in Section 12; nothing here excludes liability that cannot be excluded under law.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU EXPRESSLY UNDERSTAND AND AGREE THAT RAAM INTELLIGENCE AND ITS AFFILIATES, OFFICERS, EMPLOYEES, AND AGENTS SHALL NOT BE LIABLE TO YOU FOR ANY DAMAGES WHATSOEVER — WHETHER DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY, AND INCLUDING ANY LOSS OF PROFITS, DATA, OR GOODWILL AND ANY TRADING LOSSES — ARISING OUT OF OR RELATING TO THE PLATFORM, YOUR USE OF OR INABILITY TO USE IT, ANY STRATEGY YOU RUN OR ORDER TRANSMITTED ON YOUR BEHALF, OR ANY THIRD-PARTY BROKER, DATA FEED, OR SERVICE, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
IN ANY EVENT, AND TO THE MAXIMUM EXTENT PERMITTED BY LAW, OUR TOTAL AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THE PLATFORM OR THESE TERMS WILL AT ALL TIMES BE LIMITED TO A MAXIMUM OF FIFTY US DOLLARS (US $50).
Preservation of mandatory rights. Nothing in this Section limits or excludes liability that cannot be limited or excluded under law, including liability for gross negligence, wilful harm, death or personal injury, fraud, and the mandatory rights of consumers and of privacy protection. The amount stated above is a floor on the company's exposure and does not derogate from those mandatory provisions, which apply by law notwithstanding anything else in these Terms.
You agree to indemnify and hold harmless Raam Intelligence and its officers, employees, agents, and vendors from any claims, liabilities, damages, losses, and reasonable expenses (including legal fees) arising from your use of the Platform, your Strategies and trading decisions, your User Content, your breach of these Terms, your violation of any law or third-party right, or any dispute between you and your broker or a Partner. Nothing in this Section requires you to indemnify Raam Intelligence for loss caused by an act or omission of Raam Intelligence for which its liability cannot be excluded under law.
You represent that you are not a sanctioned person and are not located in a sanctioned or embargoed jurisdiction, and that you will comply with all applicable sanctions and export-control laws. We may request documentation and may suspend or terminate access on any sanctions, anti-money-laundering, or related risk.
You are responsible for complying with the laws of your own jurisdiction, including securities, tax, and capital-controls laws. KYC of the user is performed by your broker, not by RaamTrade. Partners are admitted to the Platform only after a verification, identification, and approval process (including signing the Partner agreement); a KYC obligation of this kind does not apply to individual end-users.
By you. You may stop any running Strategy at any time, and you may close your account at any time through the Platform or by contacting us. Your right to stop your own automation is unconditional.
By us. We may suspend or terminate your access immediately for breach of these Terms, non-payment, fraud or illegal activity, a sanctions/AML or KYC failure, a law-enforcement or regulatory requirement, a security or technical issue, or discontinuance of the service. Where practicable we will give notice; in cases of fraud, legal requirement, or security threat we may act without notice.
Effect of termination. Your licence to use the Platform ends, active Strategies are stopped, and broker connections are disconnected. Your positions and orders at your broker are not touched — they remain exactly as they were, under your control through your broker. No refund is due on a termination for cause, subject to your mandatory consumer rights. Sections that by their nature should survive (including 5, 6, 8, 11, 12, 13, 14, 16, 18, and 19) survive termination.
Our handling of your personal data is described in the Privacy Policy, which is part of these Terms. In particular, we handle your broker connection tokens with only the minimum access necessary, encrypt them at rest using Google Cloud KMS, and use them only to provide the services you request; the company's staff and administrators are not exposed to these tokens in the ordinary course of work, and we do not retain your raw broker login credentials. Raam Intelligence works to implement the requirements of the Israeli Protection of Privacy Law, 5741-1981, including Amendment 13 to it, and applies organizational and technical measures to protect your personal data.
We may update these Terms from time to time. For material changes we will give advance notice through the Platform and, where required, ask you to re-accept before continued use. Your continued use after a change takes effect means you accept the updated Terms. Changes never remove a mandatory consumer right you have under law.
These Terms are governed by the laws of the State of Israel, without regard to conflict-of-laws rules.
Before starting formal proceedings, you agree to contact us at [email protected] and try to resolve the dispute informally for at least 30 days. If the dispute is not resolved informally, the parties agree to refer it first to mediation or arbitration in Israel through the Israeli Center for Mediation and Arbitration, before turning to the courts. A party who turns to a court instead of first referring the matter to mediation or arbitration as described will bear the other party's resulting costs in the amount of NIS 2,500, unless the court determines otherwise.
Any dispute not resolved as described is subject to the exclusive jurisdiction of the competent courts of Tel Aviv-Jaffa, Israel.
Nothing in this Section removes the mandatory consumer protections of the law applicable to you, your right to complain to the Privacy Protection Authority or the Israel Securities Authority, or any other mandatory right to bring proceedings before the courts.
Severability. If any provision is unenforceable, the rest remains in effect. Entire agreement. These Terms, together with the Privacy Policy, the Risk Disclosure, and the RaamAI Terms of Use where they apply, are the entire agreement between you and Raam Intelligence regarding the Platform. No waiver. Our failure to enforce a provision is not a waiver. Assignment. You may not assign these Terms without our consent; we may assign them in connection with a merger, acquisition, or sale of assets. No third-party beneficiaries. No agency. Nothing here creates a partnership, agency, or employment relationship. Contracting party. Your agreement is with Raam Intelligence (Israel) Ltd alone; no affiliated company is a party to these Terms or owes you anything under them. Force majeure. We are not liable for delays or failures caused by events beyond our reasonable control. Language. These Terms are drafted in Hebrew, and the Hebrew version is the binding and governing text with respect to users in Israel; any translation into another language, including this English version, is provided for convenience only.
Raam Intelligence (Israel) Ltd · company no. 517192654 · 16 Bar Kochva Street, Bnei Brak, Israel · [email protected]