Free Zorro license (private algo traders, $30K profit limit)
Naturally, any algorithmic trader wants to use Zorro for earning as much money as possible with as little
effort as possible. We want the same for you, but only to a certain limit. After
all, Zorro's purpose is distributing money from the rich to the poor, not the other way
around. We're also interested in promoting programming and strategy development,
so we prefer that you develop your own trading systems, instead of using ours. And
we do not want the market to be flooded with Zorro-based trading robots. For all those reasons,
the free Zorro license has some restrictions in place:
- You must be a natural person - not a corporate entity - or a
public research
institution for using the free Zorro version. Corporations need a Zorro S license,
see below.
- You can use Zorro for an annual trading profit of
US$ 30,000.
We believe that's enough for a side income of a single person. If you have reached
that limit, you're required to either get a Zorro S license, or to stop trading
with Zorro for the rest of the year.
- You can have a capital of up to US$ 15,000
($7000 with old Zorro versions) on a real money account under Zorro control. If the account value exceeds
that limit, withdraw the excess profits for continuing with Zorro.
This restriction does not apply to demo or paper accounts.
- You can use the free Zorro version for your own trading only. You can not
use it, directly or indirectly, for selling trade signals, for offering trade
copy services, or for trading with other people's money, neither with your own
systems nor with the included Z systems.
- You can trade only with a single Zorro,
only with a single account, and only on a single PC or VPS. A personal Zorro S license,
issued to a natural person, allows multiple Zorro
installations on multiple computers or servers that under the licensee's control. Corporations need
a Zorro S license per installation ("seat"); please contact us for license bundles.
- You can use Zorro for developing trading strategies, financial tools,
or any other application, and can freely distribute or sell them. But only
with included source code.
You need a Zorro S license for compiling them to executables and distributing
them without source code.
You don't need to observe your account permanently for staying below the capital limit. The free Zorro version knows your account balance and opens no new
positions when the limit is reached on a real money account. There is no limit on
demo accounts.
The other trading restrictions are
not monitored. We trust your honesty not to violate them. Otherwise you're legally
required to pay per violation a US$ 1000 penalty fee plus all profit gained to oP group Germany
GmbH. We'll gratefully take your money and put it into Zorro development.
Zorro S license (no limits, multiple instances, additional features)
Zorro S ("Sponsor") is a special
license without the above restrictions, and with some additional features:
|
Zorro |
Zorro S |
Account / profit limit |
15,000 / 30,000
|
unlimited
|
Signal providing |
-
|
✔
|
Supported languages |
C, R, Python
|
+ Visual C++
|
Minimum bar period |
1 minute
|
1 ms (HFT)
|
Data resolution |
Minute
|
Tick
|
Multiple accounts |
-
|
✔
|
Broker arbitrage * |
-
|
✔
|
Market depth * |
-
|
✔ |
Training algorithms |
Ascent, Pattern, Perceptron, Tree |
+ Genetic, Brute, Extern
|
Live retraining |
-
|
✔
|
User-defined GUI |
-
|
✔
|
Virtual hedging |
-
|
✔
|
Batch processing |
limited
|
full
|
Parallel processing |
-
|
✔
|
Integration toolkit |
-
|
✔
|
Direct API connection ** |
Ally Invest, Alpaca, Dukascopy,
FXCM,
FTX, IEX, IG, Oanda, TD
Ameritrade
|
+ Binance,
Bitfinex, Bittrex,
Coinbase,
Coinigy,
Deribit, Kraken, IB, Tradier
|
Platform connection ** |
Sierra Chart
|
+ MT4,
MT5
|
Data feeds |
Stooq, Yahoo, IEX, EOD, AlphaVantage
|
+ Quandl, DTN IQFeed, NxCore
|
API plugin source |
- |
on request |
Instant strategies |
Z1, Z2, Z3, Z8
|
+ Z7, Z9, Z10, Z12, Z13
|
* If supported by the broker or exchange
** Some API
and platform plugins are developed by Zorro users and available on GitHub. They
are not subject to Zorro
support.
How to get Zorro S (free)
The quickest way, of course, is ordering a permanent Zorro S
license, or a monthly or annual subscription on the
Zorro download
page. Your payment will be used to fund Zorro development and add new Zorro
features. But there are alternative ways to get a
free Zorro S license:
- Contribute something substantial to the user community,
such as an API plugin for a broker, feed, or
platform. It should be coded in C/C++, and the source code
should be available. Contact
support@opgroup.de for reviewing your plugin and getting a free Zorro S subscription.
- Develop trading systems for clients on a
professional level. If you have good experience with Zorro, machine
learning, and options trading systems, work for us as a freelancing
programmer. We cover all expenses, including a free Zorro S
license. Contact info@opgroup.de for details.
- Find a Zorro bug in a release candidate. If you discover a
new and serious software
malfunction prior to the official release, you'll get a free 3 months Zorro S subscription
or - if you have Zorro S already - 3 months free support. For identifying
and reporting bugs,
look here.
- Open a live trading account with one of our affiliate brokers
through the link on the
Zorro download
page. For this you must have no prior real money account with them,
and must be no resident of the excluded countries listed next to the links.
■ Oanda
real accounts with at least $1000 deposit are rewarded with a 3-months Zorro
S subscription; with $4000 deposit it's a 12-months subscription. Open your
account through the link on
https://zorro-trader.com/oanda.php. After the first trade, contact
support@opgroup.de with
your name and country, current deposit, and the first 5 digits of your
account number for claiming the subscription.
■ FXCM real
accounts with at least $1000 deposit are rewarded with a 3-months Zorro S subscription,
and $1500 deposit with a 6-months subscription. Open your account through one
of the FXCM links on the
Zorro
download page. After funding the account, contact
support@opgroup.de with
the last 4 digits of your FXCM account number, your
name and country, and the current deposit
for claiming the subscription.
■ Global Prime
real accounts with at least $1000 deposit are rewarded with a 3-months Zorro
S subscription, plus permanent $1 per lot discount on commission fees. Open
your account through the Global Prime link on the
Zorro
download page. After the first trade, contact
support@opgroup.de with your
name and country, current deposit, and the last 3 digits of your account number
for claiming the subscription.
■ Binance accounts with at least $2000 or 0.05
Bitcoin deposit are rewarded with a 3-months Zorro
S subscription. Open
your account through the Binance link on the
Zorro
download page. After funding the account, contact
support@opgroup.de with your
name and country, current deposit, and the last 3 digits of your account number
for claiming the subscription.
- If you are a charitable, non-religious organization under
tax-exemption status such as IRC 501(c)(3), you are eligible for a free Zorro
S subscription. Please contact support@opgroup.de with a description of your
organization and a scan of your IRC document for review.
A Zorro S subscription is automatically verified at start. The verification process requires Internet connection. It does not send
any personal data. A live trading session is not affected by verification or
by an expired license. A
permanent Zorro S license does not use online verification and can run on
a PC that is not connected to the Internet. A discount for the next Algo Bootcamp is
included in the annual or permanent license.
Zorro redistribution licenses
We license the Zorro engine for deploying trading
systems or financial tools, or for developing customized
trading tools. For details about branded versions for redistribution, for platform licensing, engine licensing, source
code licensing, or outsourcing parts of your platform
development please contact info@opgroup.de.
See also:
Zorro Home,
Links, Credits,
Zorro / Zorro S license
agreement
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