Terms of service

Table of contents

1. Product description

  • 1.1. What is ProfitSharks
  • 1.2. Compatibility of ProfitSharks
  • 1.3. ProfitSharks reports and widgets
  • 1.4. Main features of ProfitSharks

2. Terms of service

  • 2.1. Privacy
  • 2.2. Your account
  • 2.3. Electronic communication
  • 2.4. Data Export
  • 2.5. Links to Third Party Sites/Third Party Service
  • 2.6. No Unlawful or Prohibited Use/Intellectual Property
  • 2.7. Indemnification
  • 2.8. Termination/Access restriction
  • 2.9. Changes to Terms of Service

3. Billing and pricing policy

  • 3.1. Types of subscriptions
  • 3.2. Types of payment accepted and the billing process

4. Cancellation and refund policy

5. Applicable Law and Dispute Resolution

1. Product description

1.1. What is ProfitSharks

ProfitSharks is a journal that records your trading activity and provides insights into behavioral patterns. By monitoring win rates, profits and performance metrics, traders can fine-tune strategies and improve their edge.

ProfitSharks is a key for successful trading since it allows you to have some way to measure, track and analyze your performance in order to constantly find ways to improve.

1.2. Compatibility of ProfitSharks

ProfitSharks offers easy connectivity with your Binance exchange. Just go to My Account and connect the exchanges API. Remember, we only need READ ACCESS

1.3. ProfitSharks reports and widgets

ProfitSharks is accessible from anywhere and has an easy to use interface. Have a clear picture of your trading patterns we have synthesized into customizable reports. Refine your stock trading from generated widgets designed to provide quick and useful information.

1.4. Main features of ProfitSharks

Sign in and Registration
  • Free Registration
  • Two-Steps account verification at the registration
  • Expert Customers Support Team
Accounts and API keys
  • Creating unlimited number of accounts
  • Connecting unlimited number of API keys
  • Connecting API keys from various markets Spot, Futures, Margin
Screen and Dashboards
  • Creating up to 10 dashboards to reflect the analytics data
  • Creating up to 30 widgets on each dashboard
  • Possibility to connect all API keys in each widget and reflect the analytical data of all the API keys
  • Possibility to customize each dashboard by dimension and position
Analytics/Orders
  • All trades and orders are registered and stored for convenient access and analytics on a separate page
  • For each order , all relevant trades are registered and stored
  • Flexible customization of the filters for orders and trades
Analytics/Widgets
  • Various widgets targeting different data types such as numeric and graphic widgets
  • 6 types of charts for statistics and analytics
  • Charts set up very flexible and user friendly for even more control over API keys data

2. Terms of Service

The  www.profitsharks.com website (the "Site") is an automated trading journal which aims to help traders analyze and improve their performance by automatically fetching and processing data from the users ' Binance ( www.binance.com) account. The Site belongs to and is operated by ProfitSharks service. The Site is offered to you conditioned on your acceptance without modification of the terms, conditions, and notices contained herein (the "Terms"). Please read these terms carefully, and keep a copy of them for your reference. All purchases are final and non-refundable.

2.1. Privacy

Your use of ProfitSharks is subject to ProfitSharks service Privacy Policy. Please review our Privacy Policy, which also governs the Site and informs users of our data collection practices.

2.2. Your account

For the purposes of these Terms and Conditions, unless otherwise noted, all references to “your account” mean / include your right to access and to use this site and your usage of this site. If you use this site, you are responsible for maintaining the confidentiality of your account and for restricting access to your computer, and you agree to accept responsibility for all activities that occur under your account. You may not assign or otherwise transfer your account to any other person or entity, and you may not share an account with another person. You acknowledge that ProfitSharks (ProfitSharks service) is not responsible for third party access to your account that results from theft or misappropriation of your account. ProfitSharks (ProfitSharks service) reserves the right to refuse or cancel service, terminate accounts, or remove or edit content.

2.3. Electronic Communications

Visiting the Site or sending emails to ProfitSharks constitutes electronic communications. You consent to receive electronic communications and you agree that all agreements, notices, disclosures and other communications that we provide to you electronically, via email and on the website, satisfy any legal requirement that such communications be in writing.

2.4. Data Export

ProfitSharks ensures high quality standards when developing systems to process data. However, any data exported from the Site, such as a user's trade history, is for information purposes only and should not be considered an official or legal document. ProfitSharks takes no responsibility for the accuracy of the data in case it is used for any bureaucratic, financial, legal or tax related purposes.

2.5. Links to Third Party Sites/Third Party Services

The Site may contain links to other websites ("Linked Sites"). The Linked Sites are not under the control of ProfitSharks and ProfitSharks is not responsible for the contents of any Linked Site, including without limitation any link contained in a Linked Site, or any changes or updates to a Linked Site. ProfitSharks is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement by ProfitSharks of the site or any association with its operators. Certain services may be made available via the Site and delivered by third party sites and organizations. By using any product, service or functionality originating from the  www.profitsharks.com domain, you hereby acknowledge and consent that ProfitSharks may share such information and data with any third party with whom ProfitSharks has a contractual relationship to provide the requested product, service or functionality on behalf of the Site's users and customers.

2.6. No Unlawful or Prohibited Use/Intellectual Property

You are granted a non-exclusive, non-transferable, revocable license to access and use the Site strictly in accordance with these terms of use. As a condition of your use of the Site, you warrant to ProfitSharks that you will not use the Site for any purpose that is unlawful or prohibited by these Terms. You may not use the Site in any manner which could damage, disable, overburden, or impair the Site or interfere with any other party's use and enjoyment of the Site. You may not obtain or attempt to obtain any materials or information through any means not intentionally made available or provided for through the Site. All content included as part of the Service, such as text, graphics, logos, images, as well as the compilation thereof, and any software used on the Site, is the property of ProfitSharks or its suppliers and protected by copyright and other laws that protect intellectual property and proprietary rights. You agree to observe and abide by all copyright and other proprietary notices, legends or other restrictions contained in any such content and will not make any changes thereto. You will not modify, publish, transmit, reverse engineer, participate in the transfer or sale, create derivative works, or in any way exploit any of the content, in whole or in part, found on the Site. ProfitSharks content is not for resale. Your use of the Site does not entitle you to make any unauthorized use of any protected content, and in particular you will not delete or alter any proprietary rights or attribution notices in any content. You will use protected content solely for your personal use, and will make no other use of the content without the express written permission of ProfitSharks and the copyright owner. You agree that you do not acquire any ownership rights in any protected content. We do not grant you any licenses, expressed or implied, to the intellectual property of ProfitSharks or our licensors except as explicitly authorized by these Terms.

2.7. Indemnification

You agree to indemnify, defend and hold harmless ProfitSharks service, its officers, directors, employees, agents and third parties, for any losses, costs, liabilities and expenses (including reasonable attorney's fees) relating to or arising out of your use of or inability to use the Site or services, any user postings made by you, your violation of any terms of this Agreement or your violation of any rights of a third party, or your violation of any applicable laws, rules or regulations. ProfitSharks reserves the right, at its own cost, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, in which event you will fully cooperate with ProfitSharks service in asserting any available defenses.

2.8. Termination/Access Restriction

We may terminate or suspend access to our Service immediately, without prior notice or liability, for any reason whatsoever, including, without limitation, if you breach the Terms.

All provisions of the Terms shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity and limitations of liability.

Upon termination, your right to use the Service will immediately cease. If you wish to terminate your account, you may simply discontinue using the Service.

ProfitSharks reserves the right, in its sole discretion, to terminate your access to the Site and the related services or any portion thereof at any time, without notice.

When you create an account with us, you must provide us information that is accurate, complete, and current at all times. Failure to do so constitutes a breach of the Terms, which may result in immediate termination of your account on our Service.

2.9. Changes to Terms of Service

ProfitSharks service reserves the right, in its sole discretion, to change the Terms under which the Site is offered. The most current version of the Terms will supersede all previous versions. ProfitSharks service encourages you to periodically review the Terms to stay informed of our updates.

3. Billing and Pricing policy

The use of any ProfitSharks service product or service indicates that you agree to comply with the Terms and Conditions stated within this document. You understand and acknowledge that you have the ability to obtain access to the website version with the purchase of a subscription.

3.1. Types of subscriptions

Currently ProfitSharks service offers the following price packages based on features comparison:
  • Basic - 1 API key for $5 monthly
  • Standard - 3 API keys for $10 monthly
  • Professional - 10 API keys for $20 monthly
  • Supervisor - 100 API keys for $100 monthly

At this stage a three months ProfitSharks service trial period is available, therefore you could benefit from the offer using the service for three months on a free basis. During the trial period you would be granted access to all functionality available according to the ProfitSharks price package you have picked up.

3.2. Types of payment accepted and the billing process

Currently we accept payments via PayPal. Whether you decide to keep the service upon trial completion, you should sign up for any of our recurring paid subscription plans, hence you will be billed every calendar month from the date of purchase until you decide to cancel the service.

4. Cancellation and refund policy

Customers can cancel their subscription at any time. To cancel, please log into your PayPal account and click the Cancel Subscription button. Email us at support@profitsharks.com if you have any questions or issues canceling. ProfitSharks is not responsible for continued subscriptions should a client forget to cancel their account. It is the customer’s responsibility to confirm the cancellation.
 All payments made are non-refundable.

5. Applicable Law and Dispute Resolution

ProfitSharks service operates based on and in accordance with the applicable laws of the Republic of Moldova. All claims, disputes or controversies arising under, out of or in connection with the user’s rights shall initially be attempted to resolve by conducting good faith negotiations among the User and ProfitSharks service. Whenever a user shall decide to institute legal proceedings, it shall provide written notice to ProfitSharks service through its support service (support@profitsharks.com). The User giving such notice shall, however, refrain from instituting the legal proceedings for a period of thirty (30) days following such notice. If the parties hereto are unable to resolve the matter within 30 days from the date of reasoned appeal to ProfitSharks service following good faith negotiations, the matter shall thereafter be resolved by the competent authority of the Republic of Moldova.