General Terms and Conditions

1. Applicability, authorization of amendment, terms of contract

1.1The applicability of the online offerings of Intelligent Recommendations as of December 2013.

1.2 Intelligent Recommendations shall perform all services solely on the basis of these general terms and conditions.

1.3 Any and all terms and conditions of the user which deviate wholly or in part from these general terms and conditions are not recognized by Intelligent Recommendations, unless we have expressly agreed to such terms and conditions in writing. These terms and conditions shall apply solely even if we provide our services without reservation and in the knowledge that the customer’s terms and conditions may deviate.

1.4 These conditions shall apply to any and all future utilization of the offer by the user.


2. Performance obligations

Intelligent Recommendations shall assure a 99% average annual availability of its servers and its databases. This excludes downtimes during which the server is unavailable due to technical or other issues over which Intelligent Recommendations has no influence (force majeure, the fault of third parties, etc.). Intelligent Recommendations may limit access to services in so far as the security of network operations, maintaining network integrity and particularly preventing significant disruption to the network, software or stored data requires such.


3. Copyright

The Intelligent Recommendations logo, technical implementation, all texts on the website, the collective model stock portfolio evaluation areas and asset allocation evaluation areas (mean percentage weighting of the investment areas) are protected by various industrial property rights. The system or parts thereof may not be copied without the permission of the holder of rights and may only be copied, shared or employed in any way for own purposes against license.

4. Exclusion of liability
We assume no liability for the content of external links: the operators of these websites bear sole liability for them. The Intelligent Recommendations website is an information platform. No liability is accepted for the accuracy or completeness of the information provided. We refer to section 6. We assume no liability for the quality of the investment recommendations generated or for any and all losses incurred from resulting financial investment. We can neither guarantee that an investment recommended collectively by users will develop favorably nor that users will correctly judge their risk appetite.Moreover, we recommend consulting a financial institution/investment advisor before making a decision to invest.


5. No costs

Use of the website and the tools it contains is free of charge.

6. No advice.
The Intelligent Recommendations website is an information platform containing information on the recommendations shared by users.
Neither the Intelligent Recommendations offers nor the recommendation results depicted in the tables constitute guidance on investment, products or services. . User recommendations are private expressions of opinion and are users’ personal assessments of the offer to select products and services made available in the tables. User recommendations are entered by users of the website by saving the selection and are collected for statistical purposes by Intelligent Recommendations to be presented on the website, evaluated automatically but not processed in a user-specific manner in tables.
The ranking in the recommendation tables and model stock portfolios is randomized and results solely from the individually collected recommendations of the users and the list of recommendations according to the results most frequently named. The information contained under this heading cannot replace individualized guidance by a specialist.
The user determines his own risk appetite at his sole discretion, enters his recommendations independently and can view the results of all recommendations shared with the website.
Intelligent Recommendations is unable to recognize any possible recommendation profile through this and each user’s individual needs for information and/or advice are not known to Intelligent Recommendations, thus Intelligent Recommendations is not in a position to assess users’ individual interests or desired recommendations. In so far as Intelligent Recommendations classifies the products depicted, this only represents an estimation on the part of Intelligent Recommendations which has been made according to specific criteria. Should the classification in combination with the depiction of user recommendations shared result in a positive estimation of individual products or services, this nevertheless does not constitute a recommendation to use the service or acquire the product. Intelligent Recommendations in fact recommends the user seek out the advisory services of an expert in the relevant field prior to making an individual decision on use or acquisition.


7. Obligations of the user.

7.1. The user is obliged to provide Intelligent Recommendations with a correct and complete e-mail address.

7.2.Furthermore, the user is obliged to log in from only one e-mail address and accordingly to only submit recommendations in the investment areas and subordinate categories as one single user (one e-mail address).


8. Obligations of the webmaster

8.1The webmaster is obliged to protect the investment recommendations which have been entered to the best of his knowledge against manipulation so that collective intelligence is vouchsafed on the website and that no incorrect recommendations are made.


9. Privacy.

9.1. Our provider saves the IP addresses of the visitors to our homepage. The visitor’s identity remains unknown to us. As a rule, IR’s online offers may be utilized by the user without revealing his identity. The use of the service to share recommendations or to view recommendations is available upon registering using any user name or any purely fictional user name along with a password selected by the user. Additionally, the user’s e-mail address is collected during the registration process. Analysis and evaluation by collective intelligence criteria cannot be made available without this information. During the registration process, profession and age (year of birth) are also collected in order to review the collective intelligence of the recommendations. Your data shall be processed in accordance with the regulations set out in the German Telemedia Act [Telemediengesetz] and the German Data Protection Act [Bundesdatenschutzgesetz]. We shall not pass on personal data to third parties. Personal data include all information which can be used to directly or indirectly identify an individual. Statistical evaluations (such as those of experiences entered compared with investment recommendations to date, the user’s own risk appetite and the recommendations shared) shall be carried out solely in anonymized form. Furthermore, we shall not collect, use or process personal data without your express consent. You may revoke your consent at any time. Upon request we shall provide you free of charge information concerning your personal data we have stored. Under "Start/Account/Show profile" users who are logged in may also view and update data entered at registration. At any time you may request your personal data we have on file be corrected, deleted and/or blocked. Your data shall not be transmitted to third countries outside the European Union.


Our website uses Google Analytics, a web analysis service of Google Inc. ("Google"). Google Analytics uses so-called "cookies", i.e. text files which are saved on your computer and thus allow an analysis of your usage of our website. The information generated by cookies on the website usage is transmitted to and stored on a Google server. Google uses this information to evaluate website usage in order to compile reports on website activities for the website operators and to provide further services linked to website and Internet usage. Where necessary, Google will also transmit this information to third parties in so far as this is legally proscribed or in so far as third parties are to process these data on Google’s behalf. Under no circumstances will Google bring your IP address in connection with other Google data. You can prevent the installation of cookies using your browser software’s settings; we do, however, advise you that under these circumstances you may not be able to use the full range of all of the website’s functions. By using the website you agree to the processing of the data collected about you by Google in the aforegoing mentioned manner and for the aforegoing stated purpose.


10. Final provisions.

10.1 Should individual provisions of these general terms and conditions be or become void, the remaining provisions shall remain unaffected. Instead, in place of any invalid provision a replacement provision to correspond with or at least approach the purpose of the contract by achieving the same commercial result originally intended by the contractual parties, had they been aware of the invalidity of the provision. The same shall apply in the case of any incompleteness in the contract.
10.2 The law of the Federal Republic of Germany shall apply.

10.3For businesses in the sense of section 14 of the German Civil Code [Bürgerliches Gesetzbuch, hereinafter referred to as BGB] Hamburg is the agreed court of jurisdiction.

11.. No caution without previous contact
Should any content or the design of these pages infringe third-party rights or violate legal regulations, we kindly request appropriate notification without charge. We guarantee that any passages containing genuine cause for objection will be removed immediately without any need for taking legal action on your part. We will, however, reject in full any costs incurred by you without prior contact, and if necessary report violations of the aforementioned provisions.

II. Special provisions for fee-based services

1. Applicability
Registered and unregistered users may reserve additional services through Intelligent Recommendations which are provided for a fee. Details regarding content and prices of services subject to a fee consist of offers made in the service areas of the website and the product area of the website.
These terms and conditions shall be applied to the Intelligent Recommendations services provided for a fee. In addition, the general terms and conditions of Intelligent Recommendations shall apply.

2. Term of contract
The contract shall be concluded for the duration of the service option or the scope of the service option ordered:

service option / price list

Service option 1: premium membership

Service: weekly update of our system with access to the weekly model stock portfolio.
Service duration: 30-day premium membership = EUR 21.01 + VAT. Total price including VAT (EUR 3.99) = EUR 25. Special offer for a limited time only: 30-day premium membership = EUR 8.40 + VAT (1.59) = EUR 9.99.
Service option 2: Professional Trader membership
Service daily update of our system with access to the daily model stock portfolio + view of the last 12 daily model stock portfolios.
Service duration: 30-day professional trader = EUR 37.82 + VAT. Total price including VAT (EUR 7.18) = EUR 45. Special offer for a limited time only: 30-day professional Trader membership = EUR 21.01 + VAT (3.99) = EUR 25
Special offer for a limited time only: 30-day Professional Trader membership

Service option 3: IR Financial market letter
Service: Weekly IR Financial market letter with analytics und the summary of the IR System recommendations for assets and asset allocation. .
Service duration:: 28 Tage/4 Ausgaben = 31,93 Euro excl. VAT.
Total price including VAT (6,07 Euro) = 38 Euro.

Service option 4: Seminar
Service:Offer: Seminar. Content: Watch Details of our Seminar at "Premium".
Price = 126,05 Euro exck. VAT.
Total price including VAT (23,95 Euro) = 150 Euro.
+ 9,75Euro Ticket booking fee of our partner: Eventbrite.



3. Conditions of payment In the case of service options 1 and 2 the user shall be able to make payment via PayPal (subscription). Payment via PayPal can be made simply and comfortably by credit card even if the user does not have a PayPal account. The general terms and conditions of the provider offered by the operator and chosen by the user shall apply to the payment transaction and to ownership of the receivables.

4. Termination The contract shall be concluded for the duration of the service option and shall be extended automatically by a subscription function. Your subscription shall remain valid until you cancel it. The subscription must be canceled before the monthly extension of the subscription has taken place in order to prevent your being charged the next weekly or monthly fee. Subscriptions are paid in advance and account fees are not reimbursed. NO REFUNDS OR CREDITS ARE GIVEN FOR PARTIALLY UNUSED MONTHS. Your subscription may be canceled at any time. Your subscription can be canceled simply and directly through PayPal. The termination of the contract shall enter into effect immediately. Please note in the case of a subscription being canceled the last (or earlier) monthly fee charged cannot be refunded. By registering for a subscription you agree to these conditions of payment by booking service option 1 to 3 and providing payment details.

Right of withdrawal.

As a consumer you will have a legal “cooling off period” during which you may revoke the contract within two weeks in writing (e.g. letter, e-mail), without stating the reason. This period commences upon receipt of this instruction in writing but not before the contract is entered into and not before our duty to provide the information in written form pursuant to section 312c (2) BGB in conjunction with section 1 (1, 2 and 4) of the Duty to Supply Information Ordinance of the German Civil Code [BGB-Informationspflichten-Verordnung, abbreviated BGB-InfoV]. Timely dispatch of revocation shall suffice to meet the revocation deadline.

The revocation is to be addressed to:
INTELLIGENT RECOMMENDATIONS GmbH
Gneisenaustraße 17
20253 Hamburg
E-Mail: info@ir-system.com

Consequences of revocation.

In the case of a valid withdrawal, the payments and services received by either party and derived benefits, if applicable, must be returned. In the event that you cannot return the service received in whole or in part, you will be required to compensate us accordingly for the value. Any obligation for the reimbursement of payments must be met within 30 days. The term shall begin for you when you send your declaration of revocation and for us upon receipt of such declaration.

Special notes

Your right of revocation concerning services lapses prematurely if your contractual partner has started to perform the services before the end of the term of notice for the revocation with your express consent or if you have arranged for the services to be commenced.

End of the information about rights of revocation