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Preview — live sales have not started: no real payment is taken, and a test license is not a commercial license.

PineForge codegen and HPOCommercial license

How much does the shared codegen and HPO commercial license cost?

One commercial license for PineForge codegen and PineForge HPO (pineforge-hpo, from version 0.11.0) costs $490 per year for Solo, from $3,000 per year for Team, from $3,000 per year for Fund and from $3,000 per year for OEM / Embedded, each for 12 months, while personal trading and noncommercial use other than investment management stay free; PineForge HPO 0.10.0 and earlier remain Apache-2.0.

The price is set by the plan your use needs and by the band your numbers fall in: own trading capital for Team, own and others' capital up to Solo's caps for Solo, assets under management for Fund, monthly active end users (and group revenue for the smaller options) for OEM / Embedded. The decision guide on the home page says which plan applies; every band is listed with its price.

Plans and prices that apply

PlanBandPrice per yearHow to buy
Soloown trading capital up to $10M, others' capital up to $1M$490Buy
Teamown trading capital up to $10M$3,000Buy
Teamown trading capital over $10M up to $50M$6,000Buy
FundAUM up to $5M$3,000Buy
FundAUM over $5M up to $25M$6,000Buy
FundAUM over $25M up to $100M$13,500Contact us to buy
FundAUM over $100M up to $500M$33,000Contact us to buy
OEM / Embedded1 product, up to 10,000 monthly active end users, group revenue under $500K, internal use with own trading capital up to $10M$3,000Buy
OEM / Embedded1 product, up to 10,000 monthly active end users, group revenue under $2M, internal use with own trading capital up to $10M$9,000Buy
OEM / Embedded1 product, up to 10,000 monthly active end users, internal use with own trading capital up to $10M$24,000Contact us to buy
OEM / Embedded1 product, up to 50,000 monthly active end users, internal use with own trading capital up to $10M$48,000Contact us to buy

Prices in US dollars, plus tax where it applies, for 12 months. Self-serve plans renew automatically each year unless you cancel; plans bought by quote, invoice or purchase order, and the pilot, do not renew automatically.

  • Above this: more than one person (Team); own trading capital above $10M (the Team band for that amount); others' capital above $1M (the Fund band for the AUM, own and others' capital together).
  • Above this: own trading capital above $50M is priced as the Fund band for that amount.
  • Above this: AUM above $500M.
  • Above this: more products or more than 50,000 monthly active end users (a quote); own trading capital above $10M needs a Team plan as well, for the band that holds it.

Which number you state

  • Managers of others' capital state their AUM: the others' capital they manage, advise on or trade across the whole firm, whether or not with the software (regulatory AUM where a filing states it, else the average of its last 3 month-end values), plus their own trading capital.
  • Owners of capital state only their own trading capital: the net liquidation value of the accounts traded with the software (the sleeve), on the same 3-month-end average; borrowing adds nothing. Own capital is what the licensee and its wholly owned subsidiaries own with no outside investor, client or beneficiary: a fund, pooled vehicle, managed account or other entity with outside holders holds others' capital, counted as AUM (Fund), even when the licensee controls it. An endowment, a public pension or public fund and a foundation's treasury count their own investment capital the same way: they pay on that sleeve, not on the whole fund.
  • Exchange-rate moves count as market movement. You state the number at checkout, with how it was measured and as of which date.

What the LICENSE says

From the LICENSE: PineForge Source License 1.2

An account of a company, partnership, fund, trust or other organization, other than an account described under own account above, is not the person's own account, even if the person wholly owns or controls it.
Investment Management is Commercial Use for every individual and every organization, including the noncommercial organizations listed under Permitted Purposes, whatever its purpose, unless it is Personal Trading.
Commercial Use requires a separate commercial license from the licensor.

Read the full license

The guide's answers for this case

The decision guide on the home page asks these questions. These answers lead to the result shown, as the guide and POST /api/recommend give it.

    • Will you manage, advise on, or trade capital that belongs to any other person or entity outside your household, whether or not for a fee?No
    • Will you use it by, for, or on behalf of a company, fund, partnership, or other organization, including your own company or your work for one?Yes
    • Is the organization a charitable organization, educational institution, public research organization, public safety or health organization, environmental protection organization, or government institution?No
    • Is the organization one you wholly own, alone or with your household, holding only your household's capital, where no one but you uses the software and no one outside your household works on its trading or research?Yes
    • Will you embed the software or its Output into a product or service made available to others, distribute either bundled with such a product or service, or use the software to generate Output for one?No
    • Will you operate a hosted, software-as-a-service, or otherwise public-facing service through which others can run the software or receive its Output?No

    Result: You need a commercial license: Solo

    • Will you manage, advise on, or trade capital that belongs to any other person or entity outside your household, whether or not for a fee?No
    • Will you use it by, for, or on behalf of a company, fund, partnership, or other organization, including your own company or your work for one?Yes
    • Is the organization a charitable organization, educational institution, public research organization, public safety or health organization, environmental protection organization, or government institution?No
    • Is the organization one you wholly own, alone or with your household, holding only your household's capital, where no one but you uses the software and no one outside your household works on its trading or research?No
    • Will you embed the software or its Output into a product or service made available to others, distribute either bundled with such a product or service, or use the software to generate Output for one?No
    • Will you operate a hosted, software-as-a-service, or otherwise public-facing service through which others can run the software or receive its Output?No
    • Is all of your use of the software for a noncommercial purpose, without any anticipated commercial application, such as a free hobby project, teaching, or research for the benefit of public knowledge?No

    Result: You need a commercial license: Team

    • Will you manage, advise on, or trade capital that belongs to any other person or entity outside your household, whether or not for a fee?Yes
    • Is the capital that is not yours only funded-trader or challenge accounts, or the money of relatives outside the household, friends or first clients, up to $1M in total, traded by you alone as one person?No
    • Will you use it by, for, or on behalf of a company, fund, partnership, or other organization, including your own company or your work for one?Yes
    • Is the organization a charitable organization, educational institution, public research organization, public safety or health organization, environmental protection organization, or government institution?No
    • Is the organization one you wholly own, alone or with your household, holding only your household's capital, where no one but you uses the software and no one outside your household works on its trading or research?No
    • Will you embed the software or its Output into a product or service made available to others, distribute either bundled with such a product or service, or use the software to generate Output for one?No
    • Will you operate a hosted, software-as-a-service, or otherwise public-facing service through which others can run the software or receive its Output?No

    Result: You need a commercial license: Fund

    • Will you manage, advise on, or trade capital that belongs to any other person or entity outside your household, whether or not for a fee?No
    • Will you use it by, for, or on behalf of a company, fund, partnership, or other organization, including your own company or your work for one?Yes
    • Is the organization a charitable organization, educational institution, public research organization, public safety or health organization, environmental protection organization, or government institution?No
    • Is the organization one you wholly own, alone or with your household, holding only your household's capital, where no one but you uses the software and no one outside your household works on its trading or research?No
    • Will you embed the software or its Output into a product or service made available to others, distribute either bundled with such a product or service, or use the software to generate Output for one?Yes
    • Will you operate a hosted, software-as-a-service, or otherwise public-facing service through which others can run the software or receive its Output?No
    • Is all of your use of the software for a noncommercial purpose, without any anticipated commercial application, such as a free hobby project, teaching, or research for the benefit of public knowledge?No

    Result: You need a commercial license: OEM / Embedded

Next steps

For software agents: /api/plans lists every plan, band and price as JSON, and /openapi.json describes the API.

The same commercial license covers PineForge codegen and PineForge HPO (pineforge-hpo, from version 0.11.0). PineForge HPO 0.11.0 and later use PineForge Source License 1.2. PineForge HPO 0.10.0 and earlier remain Apache-2.0. One purchase covers both, with the same plans and prices.