Free Zorro license (private traders, $30K profit limit)

Naturally, any Zorro user want to earn 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 is for 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 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$ 7,000 real money under direct or indirect control by Zorro. If the value of your broker account exceeds that limit, withdraw the excess capital or profits for continuing with Zorro. This restriction does not apply to demo 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. For trading with a multitude of Zorros on multiple accounts or on several servers you need a Zorro S license. Corporations need a Zorro S license per installation; please contact us for license bundles.
   
• You can use Zorro for developing trading strategies or other financial tools, and can freely distribute or sell them, but must then include the 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 $7000 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.

Since Zorro works without online connection, the above trading restrictions are not monitored. We trust your honesty not to violate them. Otherwise you're legally required to pay a US$ 1000 fee plus all profit gained by violation to oP group Germany GmbH. We'll gratefully take your money and put it into Zorro development.
 

Sponsor license (no limits, additional features)

Zorro S ("Sponsor") is a special license without the above restrictions, and with some additional advantages:

* You can also get Zorro S for free under certain conditions. See below.
** If supported by the broker or exchange API plugin
*** Some broker/platform API plugins are developed and maintained by Zorro users and not subject to Zorro support

Getting Zorro S

Paying money is not always necessary for upgrading your free Zorro version to Zorro S. There are several ways to get it:

• Buy or subscribe it. Zorro S is available for subscription or permanent license on the Zorro download page. Your payment will be used to fund Zorro development and add new Zorro features.
   
• Contribute something substantial to the user community. For instance a broker API plugin or a serious tutorial.  Software should be be coded in C/C++ and the source code must be available. Contact support@opgroup.de for reviewing your contribution and getting a free Zorro S subscription.
   
• Charitable, non-religious organizations under tax-exemption status such as IRC 501(c)(3) 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. 
   
• Open a trading account with one of the affiliate brokers through the link on the Zorro download page. Please note that you must have no prior real money account with them, and must be no resident of the excluded countries listed with the links.
  ■ Oanda real accounts with at least $1000 deposit are rewarded with a 3-months Zorro S subscription, and $4000 deposit with a 12-months subscription. Open your account through the Oanda link on the Zorro download page. After the first trade, contact support@opgroup.de with your name and address, 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 opening the account, contact algotrading@fxcm.com with your FXCM account number, your name and address, 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 address, current deposit, and the first 5 digits of your account number for claiming the subscription.
  ■ Interactive Brokers accounts under MoneyPouch management with at least $10000 deposit are rewarded with a 12-months Zorro S subscription. Open your account through the MoneyPouch link on the Zorro download page, then contact support@opgroup.de with your name and address for claiming the subscription.

Engine licenses

We license the Zorro trading engine for developing customized trading platforms or financial tools. For details about engine licensing or platform development please contact info@opgroup.de.

See also:

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