Terms of Service
1. Scope and provider
These terms govern the use of the desktop software "polydesk clicktrader" (the "Software") provided by itereon GmbH, Arsenalstraße 11, 1030 Vienna, Austria ("itereon", "we"). By installing or using the Software in the Free tier or during the open beta you accept these terms. For a Plus license, these terms form part of the license agreement you accept when purchasing the license. Pro is provided under a separate written service agreement; these terms continue to govern your use of the Software.
2. What the Software is, and is not
The Software is a local user interface for viewing market data and placing orders on Polymarket through your own wallet: it transmits the orders you sign directly from your device to the platform's API. itereon operates no server in the order path and does not operate a trading venue, does not receive, execute, route or hold orders, does not hold funds or keys, and does not provide investment, payment, custody or exchange services, no investment advice or brokerage, and does not organize, broker or advertise gambling or betting of any kind. itereon does not select, rate, recommend or highlight individual markets and does not restrict your access; which markets are available on a third-party platform is determined solely by its operator. itereon is not affiliated with Polymarket.
3. License
3.0 Open beta
The Software is currently provided as an open beta. For the duration of the open beta, every installation without a license key is granted the functional scope of the Plus tier (section 3.2) at no builder fee, free of charge. The open beta runs until further notice. We will announce its end at least 30 days in advance on this website and in the Software. From the announced date the Software applies the Free scope (section 3.1) automatically; a later end date only extends this grant. Order cancellation, selling, hedging and the disarm function are never restricted by tier. Functionality, interfaces and scope may otherwise change during the beta, and the Software may contain errors. Beta status does not limit your statutory rights; sections 5 to 7 apply accordingly.
3.1 Free tier
You receive a free, non-exclusive, non-transferable license to use the Software, including paper-trading mode and live order placement, for the product lifetime: the period during which itereon offers and maintains the Software (see section 6). The Free tier is subject to size limits (maximum stake per order, maximum exposure and number of open orders per market, number of ladders, session history), published in the pricing section of this website and shown in the Software; during the open beta these limits are provisional values and are applied only from the end of the beta (section 3.0). No builder fee is charged in the Free tier; Polymarket's own fees apply.
3.2 Plus tier
Upon purchase of a Plus license you receive a non-exclusive, non-transferable license to use the Software without the size limits of the Free tier for the agreed term. The license is personal, non-transferable and non-sublicensable. The license key is bound to one wallet address that you name at purchase and may be used on systems under your own control for that wallet; use for third parties or with wallets of third parties is not permitted. The key is provided as an offline license key: the Software does not contact itereon to validate it. The license fee is a flat fee for the provision of the Software: it is independent of whether, to what extent, on which markets and with what result you use the Software.
3.3 Fees
No builder fee is charged in the Free tier, during the open beta or under a Plus license. Fees charged by Polymarket itself are independent of itereon and are shown in the Software.
3.4 Restrictions
You may not reverse-engineer (beyond mandatory statutory rights), modify, redistribute or rent the Software, remove notices, or use it to violate the terms of any connected platform.
3.5 Pro
Pro is a personal, one-time setup of the Software's remote executor on a server you own and operate, provided on request under a separate written agreement. That agreement governs scope, fee, data processing (Art 28 GDPR), the rule that your private key is entered only by you, the location of the server in your own country and your right of withdrawal. itereon does not operate the server and holds no standing access to it.
4. Your responsibilities
- You confirm that you are at least 18 years old, have full legal capacity and use the Software on your own account and responsibility.
- You confirm that you have set up your own Polymarket account yourself, before and independently of this license. itereon does not set up accounts, does not broker accounts and does not assist with registration on third-party platforms.
- You are solely responsible for verifying that the use of the Software and the actions you take with it are lawful under the law at your actual location. The Software does not circumvent, and must not be used to circumvent, any platform restriction.
- You are solely responsible for the custody of your wallet, signer key and funds, and for every order placed through the Software.
- You must download the Software only from our official repository and verify published checksums.
5. Risk disclaimer
Trading on prediction markets involves substantial risk of loss up to the total loss of committed funds. The Software provides no recommendations, signals or strategies, and nothing in the Software, on this website or in our documentation constitutes financial, investment, legal or tax advice. Market data may be delayed, incomplete or erroneous; connectivity may fail. You bear all trading decisions and outcomes.
Beta software risk. The Software is beta software (section 3.0). Software errors, including errors in order entry, size or price handling, order cancellation, position display or connectivity, may cause orders to be placed, modified or left working other than you intended and may therefore lead to losses up to the total loss of the funds committed to your orders and positions. Your signer key is stored only on your device; if it is lost or corrupted without a backup, access to the funds in that wallet may be lost. Use paper-trading mode, small order sizes and the DISARM switch to limit your exposure, and keep a backup of your wallet credentials. This notice informs you about risks; it does not limit our liability under section 7 or your statutory rights.
6. Availability and updates
The Free tier is available for the product lifetime (section 3.1); we may discontinue offering and maintaining the Software and will announce this in advance in text form where reasonably possible. The Plus license runs for the term chosen at purchase and renews for the same term unless you cancel before the end of the current term; we remind you of an upcoming renewal in text form in good time. During the term we provide the updates necessary to keep the Software in conformity with the contract, including security updates and reasonable adaptations to changes of the third-party APIs the Software connects to; mandatory update obligations towards consumers under the Austrian Consumer Warranty Act (VGG) remain unaffected. Beyond that there is no claim to new features or further development. Third-party APIs are outside our control and may change or become unavailable at any time. If the Software becomes permanently unusable for its core purpose because of such a change and a reasonable adaptation is not possible, you may terminate a Plus license with immediate effect and we will refund the fee for the remaining term on a pro-rata basis. Details, including the agreed Plus license term, are governed by the license agreement provided at purchase.
7. Liability
itereon is liable without limitation for damage caused intentionally or by gross negligence, and for personal injury. For slight negligence, liability is excluded to the extent permitted by law; this exclusion covers in particular indirect damage, lost profits and trading losses, unless they were caused intentionally or by gross negligence. Mandatory consumer rights under Austrian law, including statutory warranty rights, remain unaffected.
8. Withdrawal (consumers)
Consumers in the EU have a 14-day right of withdrawal from a Plus license purchase (§ 11 FAGG). The Plus license is a digital service supplied over the agreed term. If you expressly request at purchase that the service begins before the withdrawal period expires, you may still withdraw within 14 days; in that case you pay only the proportion of the price that corresponds to the period until your withdrawal (§ 16 FAGG). Without such a request the service begins after the withdrawal period. The full withdrawal instruction and the model withdrawal form are available on the withdrawal page.
9. Termination
We may terminate the license for material breach of these terms. Upon termination you must cease use of the Software. Your statutory rights remain unaffected.
10. Final provisions
Austrian law applies, excluding its conflict-of-law rules and the UN Sales Convention. If you are a consumer habitually resident in another EU or EEA state, this choice of law does not deprive you of the protection afforded by the mandatory provisions of the law of your country of residence. For entrepreneurs, the competent court in Vienna, Inner City, has exclusive jurisdiction; for consumers, statutory jurisdictions apply. itereon is neither obliged nor willing to participate in dispute resolution proceedings before a consumer arbitration board; the body competent for Austria would be the Schlichtung für Verbrauchergeschäfte, verbraucherschlichtung.at. Should individual provisions be invalid, the remainder stays in force.