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Disclaimer & User Responsibilities

Please read this disclaimer carefully before using XeroLite. By using XeroLite, you acknowledge that you have read, understood, and agree to be bound by these terms.

Learn more about XeroLite: Visit the XeroLite landing page for product information, features, and pricing.

Table of Contents​

XeroLite as a Bridge​

XeroLite acts as a bridge that receives orders through a webhook URL from TradingView and places those orders with Interactive Brokers (IB). XeroLite does not make any trading decisions on your behalf.

The software simply facilitates the automated transmission of orders from your TradingView alerts to your Interactive Brokers account. All trading decisions, strategies, and risk management remain your sole responsibility.

Ensure TWS is Active​

It is the user's responsibility to ensure that their Trader Workstation (TWS) is up and running at all times when using XeroLite.

Key points:

  • If TWS is not operational, orders will not be placed
  • XeroLite cannot be held responsible for missed trades due to TWS being offline
  • Users should monitor TWS status regularly
  • Consider using automated monitoring tools or alerts to notify you if TWS goes offline

Recommendation: Set up system monitoring to ensure TWS remains active, especially during active trading hours.

See also: Should I use TWS or IB Gateway for automated trading?

No Guarantee of Profit​

XeroLite only facilitates the process of placing orders based on your configured alerts. We do not guarantee any profits or financial gains from using this software.

Important considerations:

  • Trading carries inherent risks
  • Results depend on your trading strategies and market conditions
  • Past performance does not guarantee future results
  • You may lose money trading, even with automated systems
  • Always trade with funds you can afford to lose

Important: Never risk more than you can afford to lose. Use proper risk management techniques and position sizing.

User-Generated Requests​

All orders placed through XeroLite are generated by user-defined alerts and strategies.

Your responsibilities:

  • We do not influence or modify the orders you send
  • Users are fully responsible for the accuracy and correctness of the order requests
  • Verify your alert messages before going live
  • Test your alerts thoroughly in paper trading mode first
  • Double-check all order parameters (symbol, quantity, price, etc.)

Best Practice: Use the Alert Request Builder to ensure your alert messages are correctly formatted before deploying them.

Responsibility for Monitoring​

Users must actively monitor their accounts, orders, and system performance.

XeroLite provides tools to automate order placement, but it is the user's responsibility to:

  • Monitor account balances and positions
  • Review executed orders and their outcomes
  • Check system logs for errors or warnings
  • Verify that orders are being placed correctly
  • Manage risk and take corrective actions when needed
  • Ensure network connectivity and system uptime
  • Keep XeroLite and TWS updated to the latest versions

Automation does not replace oversight. Even with automated systems, regular monitoring is essential for successful trading.

See also: Troubleshooting Guide for common issues and solutions.

Limitation of Liability​

We are not liable for any losses, delays, or failed executions due to:

  • Technical issues with XeroLite, TradingView, or Interactive Brokers
  • Network failures or connectivity problems
  • Misconfigurations in your alert settings
  • Incorrect order parameters in your alerts
  • Market conditions or exchange issues
  • System downtime or maintenance
  • User error or negligence
  • Third-party service interruptions

Use XeroLite at your own risk. The software is provided "as is" without warranties of any kind, either express or implied.

System Requirements and Compatibility​

Users are responsible for ensuring their system meets all requirements.

Key responsibilities:

  • Ensure your system meets the System Requirements
  • XeroLite must be compatible with your TWS version
  • Keep all software components updated
  • Test thoroughly before using in live trading

Data and Security​

Users are responsible for securing their credentials and access.

Security best practices:

  • Secure your API keys and credentials
  • Do not share your webhook URL or API keys with unauthorized parties
  • Use IP Whitelisting to restrict access
  • Regularly review and update security settings

Important: We are not responsible for unauthorized access due to user negligence.

Compliance and Regulations​

Users are responsible for compliance with all applicable trading regulations.

Key points:

  • Ensure your trading activities comply with local laws and regulations
  • Interactive Brokers' terms and conditions apply to all trades
  • XeroLite does not provide legal or financial advice

Support and Updates​

Support and maintenance information.

Support:

  • We provide support through official channels: [email protected]
  • Response times may vary based on support volume

Updates:

  • We reserve the right to update, modify, or discontinue features
  • Users are responsible for keeping XeroLite updated
  • Check Release Notes for important updates and changes

Acceptance of Terms​

By using XeroLite, you acknowledge that:

  1. You have read and understood this disclaimer
  2. You accept full responsibility for your trading decisions and actions
  3. You understand the risks involved in automated trading
  4. You will use XeroLite in compliance with all applicable laws and regulations
  5. You will not hold XeroLite or its developers liable for trading losses

Need more help? Contact support at [email protected]

See also:

Last Updated: December 2025

Note: This disclaimer may be updated from time to time. Please review it periodically to stay informed of your responsibilities when using XeroLite.