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Terms and Conditions

1. Scope
1.1 These Terms and Conditions (hereinafter referred to as "T&C") govern the contractual relationship between Maximiliano Coloma - Marketing and Indicator Development (hereinafter referred to as "Provider") and users of the website, as well as buyers and subscribers of PowerScan products (hereinafter referred to as "Customers" or "Users").
1.2 By using the website or purchasing the products, the Customer agrees to these T&C.
1.3 Deviating or supplementary terms and conditions of the Customer do not become part of the contract unless the Provider expressly agrees to them in writing.

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2. Subject of the Contract
2.1 PowerScan is a digital indicator system consisting of various indicators for technical analysis of financial markets. The indicators are provided via TradingView and can be used for a fee.
2.2 The Provider also offers educational materials, e-books, webinars, and other learning content.
2.3 The use of PowerScan indicators requires an active TradingView account. Customers must register with TradingView independently.
2.4 PowerScan does not replace individual investment advice. The software is intended solely to support trading decisions.

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3. Registration and User Account
3.1 Registration is required to purchase and use PowerScan products.
3.2 Customers are obliged to keep their login credentials confidential.
3.3 The Provider reserves the right to suspend or delete accounts in case of violations of these T&C or applicable laws.
3.4 Changes to registration data must be updated immediately.
3.5 Users confirm that they are at least 18 years old at the time of registration. Violations will result in immediate account termination without a refund.

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4. Contract Formation, Pricing, Payment Terms and Affiliate Commission
4.1 The contract is concluded upon completing the purchase process and successful payment.
4.2 Current prices are listed on the website.
4.3 Payments are made through the specified payment methods.
4.4 Access to PowerScan products is granted within 24 hours of payment receipt.
4.5 The Provider operates under the small business regulation pursuant to §19 UStG. All prices are VAT-exempt.
4.6 Affiliate Program:
Up to 20% of the net revenue per fully paid sale. Commissions are only paid for successful sales made via the unique affiliate link.

Prohibited Methods:

  • Cookie-stuffing, fake reviews, or spam

  • Advertising in forums targeting individuals under 18 years old

Sanctions:
In the event of violations, outstanding commissions will be forfeited, and the account will be suspended.

 

5. Duration, Termination and Right of Withdrawal
5.1 The license duration depends on the chosen package (e.g., monthly, yearly, or lifetime subscription).
5.2 Termination is possible via email or through the user account.
5.3 Modified Withdrawal Notice:
Your right of withdrawal expires only if you actively consent via checkbox before purchase. Once you explicitly agree and begin downloading the indicators (§312g Abs. 2 BGB), your right of withdrawal expires. A sample withdrawal form you can download at the bottom of this page .
5.4 The license automatically ends upon the expiration of the subscription period.

 

6. Usage Rights and Licensing Terms
6.1 Customers receive a non-exclusive, non-transferable license to use PowerScan products.
6.2 Sharing login credentials or duplicating the indicators is prohibited.
6.3 Automated trading systems (Expert Advisors, algorithms) may only be used with written approval.
6.4 Violations of these terms may result in immediate access suspension.
6.5 API Usage:
For future API integrations with exchanges, signal transmission occurs at the user’s risk. Users bear all costs for API licenses and trading fees of external platforms. PowerScan assumes no liability for latency, mis-signals, or execution errors.

 

7. Liability Limitations
7.1 No guarantee is provided for trading success. Past performance does not indicate future results.
7.2 The Provider’s liability is limited to intent and gross negligence.
7.3 Customers are solely responsible for their trading decisions.
7.4 The Provider is not liable for losses arising from the use of the indicators.
7.5 We are not liable for TradingView platform outages or errors in signal forwarding to third-party exchanges unless caused intentionally by us. This also applies to TradingView outages due to force majeure. Refer to TradingView’s terms and conditions, available at https://de.tradingview.com/policies/.
7.6 We are not liable for damages caused by force majeure (e.g., cyberattacks, power outages), unless gross negligence is proven.

 

8. Data Protection
8.1 The Provider processes personal data in accordance with the privacy policy.
8.2 Customer data will not be shared with third parties unless necessary for contract fulfillment.
8.3 Customers have the right to access, correct, or delete their data at any time.

 

9. Amendments to the T&C
9.1 The Provider reserves the right to amend these T&C at any time.
9.2 Changes will be announced via email and website banners 30 days before they take effect. If objections are raised within 14 days, the contract can be terminated by either party.
9.3 If the Customer does not agree to the changes, they may delete their account.

 

10. Final Provisions
10.1 German law applies.
10.2 Jurisdiction is the Provider’s registered office.
10.3 If any provision of these T&C is found invalid, the remaining provisions remain unaffected.

 

11. Technical Support
Response Time: Queries will be addressed within 24 hours on business days (Mon–Fri).
Communication Channels:

  • Email: support@powerscantrading.com

  • Live chat: Available from 9 am–5 pm CET
    Phone support is not available—written documentation of all queries is mandatory.

 

12. Payment Terms
Payments are made exclusively in EUR. Additional costs due to payment providers (e.g., Visa/Mastercard FX fees) may apply. Currency exchange risks are borne by the Customer. Chargeback fees are only imposed in cases of proven abuse. For chargebacks or returned payments, a €15 processing fee will apply. Default interest is calculated at 5% above the base rate (§288 BGB).

Accepted Methods:

  • Credit/debit cards (Visa, Mastercard)

  • Apple Pay, Google Pay

  • Instant transfer via Klarna
    Payment on account is not available—prepayment is mandatory.

 

13. Disclaimer
75-90% of retail investors lose money when trading CFDs (Source: ESMA Report 2023). Use only risk capital.
The provided indicators are for informational purposes only and do not constitute an invitation to buy or sell financial instruments. Historical performance is not indicative of future results. Trading leveraged products carries high risks and may result in the total loss of your invested capital.

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