Terms and conditions

Version alfa-0.2. If the languages differ, the Spanish text prevails.

1. Identity and purpose

These terms govern the use of TapeArena (the “Service”), an educational platform for simulated trading with fictitious balances, where you can test your strategies against bots and other users. Controller: Joaquín Poudereux Mozas, owner of the project (contact: soporte@tapearena.com). The Service is an alpha-stage project.

2. Nature of the Service

All trading is simulated and for educational purposes only. No real money is traded, no refundable deposits are taken and balances are fictitious and non-transferable. Nothing published is advice, a personalised recommendation or an investment offer.

3. User account

An account needs a valid email; access is by single-use link. You must be of legal age. Each person may hold at most 1 trading account. Accounts are personal and non-transferable.

4. Contest rules

The rules on the “Documentation” page apply and form part of these terms: account of 5,000 simulated USDC; perpetual futures with real market prices; market and limit orders, with Stop Loss and Take Profit; maximum leverage 3×; fee 0.035 % and dynamic slippage; maximum loss of 5 % in a day and 10 % from the highest close, measured at the daily close at 00:00 UTC on equity including open positions; a minimum of active days and valid trades set for each season and published in the Documentation; a trade that contributes more than 50 % of net profit is flagged on the leaderboard (it does not disqualify); high-frequency trading is prohibited (at most 20 orders per hour). The score is the average of the Calmar and Sharpe ranks, with ties broken by number of trades.

5. Orders and simulated execution

The Service supports market orders, limit orders and Stop Loss and Take Profit levels attached to the position. Execution is a simplified simulation: (a) market depth is not modelled and buy orders are not matched against sell orders, nor participants against each other; (b) a market order runs at the last reference price plus a formula-based slippage; (c) a limit order fills in full, at the limit price or better, as soon as the reference price reaches it, with no queue priority or partial fills; (d) the Stop Loss runs at market with slippage and the Take Profit at the set price, when the reference price reaches them; (e) prices come from third parties and may jump between two updates, so execution can differ from that of a real market. Modelling market depth and order matching is left for a future version, which may change execution with due notice.

6. Prohibited conduct and fraud

Prohibited: high-frequency trading; exploiting simulator errors, latency or stale prices; ranking manipulation; coordinated accounts to secure results (for example, opposite positions between accounts of the same person); and copying other users' strategies or using inverse versions of them. Detection of fraudulent conduct implies cancellation of the user. The user may claim by providing evidence; the fact that orders were entered manually will not be accepted as sufficient proof.

7. Free of charge and future services

During the alpha phase the Service is free of charge and no payment method is requested. There are no cash prizes. If paid services are offered in future (for example data, testing or analysis tools), they will be announced in advance with their terms and prices and will require your express acceptance; nothing in these terms obliges you to take them.

8. Availability, prices and errors

The Service is provided “as is” in alpha, with no guarantee of availability. Prices come from third parties and may contain errors or interruptions; the company may correct or void affected trades and the results derived from them. It is not liable for indirect losses or for decisions taken by the user outside the Service.

9. Personal data and cookies

Data are processed under the GDPR and Spanish data-protection law, as explained in the Privacy policy (/privacy), which is part of these terms. Cookie use is described on the Cookies page and requires your consent for non-necessary ones. When you create your account you will receive TapeArena news (new seasons and tools) and the standings results by e-mail: we only write to you about TapeArena, we never hand your e-mail to anyone and you can stop them whenever you want in “My profile” or with one click in any e-mail.

10. Saved strategies and bot learning

The strategies you save in the Laboratory, and the strategy description in your profile, are yours and only you can see them. When saving a strategy you may tick, optionally and off by default, the box “I allow bots to learn from this strategy”. Only if you tick it may the controller use that strategy (its parameters and simulated results, without your name or email) to train and improve the platform's bots and for aggregate studies. Legal basis: your consent (art. 6.1.a GDPR). You may withdraw it at any time from “My strategies”; we will stop using it in new training runs, without affecting earlier runs that used anonymised data. If you do not tick the box, your strategy is not used for this purpose. Also optionally, off by default, in “My profile” you may allow the results of the “Surprise me” searches (the mix or rule found and how it did in each stretch of the history, without your name or e-mail) to be used so that the bots can learn; unticking it deletes them. To improve the Service we may also keep the questions you ask the help assistant; please do not include personal data in them.

11. Changes

These terms may change, especially during the alpha phase. Users will be notified and the version accepted by each will be kept. The rules of a season do not change while it runs.

12. Governing law and jurisdiction

They are governed by Spanish law. If you are a consumer you may go to the courts of your place of residence and to the EU online dispute resolution platform.

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