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Terms of Service

The agreement between you and [COMPANY LEGAL NAME] for using SCUTA Quant: a research tool, not investment advice.

Version 2026-10-09-draft

Draft

This document is a draft awaiting review by a lawyer. Text in [BRACKETS] is a placeholder that will be replaced before launch, and the wording may change.

1. Who we are and this agreement

SCUTA Quant (the "Service") is operated by [COMPANY LEGAL NAME], a company registered in [JURISDICTION] with its address at [COMPANY ADDRESS] ("we", "us"). These Terms of Service ("Terms") are an agreement between you and us. By creating an account or using the Service you accept these Terms, the Risk Disclosure and the Acceptable Use Policy. The Privacy Policy and Cookie Policy explain how we handle personal data.

You must be at least [MINIMUM AGE] years old and able to enter a binding contract to use the Service. If you use the Service for an organisation, you accept these Terms for it and confirm you may do so.

2. What SCUTA Quant is

SCUTA Quant is software for researching trading strategies. You can write strategy code, run it against historical market data (backtests), run analyses on the results (Monte Carlo, regimes, walk-forward, a heuristic verdict), replay results against prop-firm challenge rules, use notebooks, and ask an AI assistant ("Copilot") to write or change code.

SCUTA Quant is not a broker, exchange, trading venue, investment adviser or fund. It does not place orders, connect to brokerage accounts, hold money or securities, or manage anyone’s investments.

3. Not investment advice

Nothing in the Service, including backtest results, analyses, verdicts, simulator outcomes, Copilot answers, templates, community posts and emails, is investment, financial, legal or tax advice, a recommendation to buy or sell anything, or an offer or solicitation. We are not registered as an investment adviser, broker-dealer or commodity trading adviser in any jurisdiction [CONFIRM REGULATORY STATUS].

You alone decide whether and how to trade, and you are responsible for the results. Consider getting advice from a licensed professional who knows your circumstances.

4. Hypothetical results

Backtests and simulations are hypothetical. They use historical data, modelled costs and assumed fills, and they can differ materially from what live trading would have produced. Past or simulated performance does not indicate future results. The Risk Disclosure explains the main limitations, including transaction costs, fill assumptions and data gaps. You accept it as part of these Terms.

5. Your account

  • Give accurate details and keep your email address current; we send security and billing notices there.
  • Keep your password and sessions secure. You can review and sign out sessions in Settings. Tell us at [CONTACT EMAIL] if you suspect unauthorised use.
  • One account per person. Do not share an account or create several to get more free credits.
  • You are responsible for activity under your account.

6. AI-generated code and content

Copilot uses large language models from a third-party provider (currently Anthropic) to generate code, explanations and suggestions. AI output can be wrong, incomplete, insecure or different from what it describes, and the same request can give different answers. It may resemble code that exists elsewhere.

  • Review and test any generated code before you rely on it. Running it, saving it and trading on its results is your decision.
  • Generated code runs in the same isolated sandbox as code you write, with the same limits.
  • What you send to Copilot (your message and the code and results it needs) is sent to the AI provider to produce the answer; see the Privacy Policy. Do not include information you are not allowed to share.
  • Copilot answers are not investment advice (section 3).
  • Copilot use costs credits, based on the tokens actually used, as shown on the usage page.

7. Your content and sharing

You keep ownership of what you create in the Service: strategies, notebooks, project files, prompts and posts ("your content"). You give us a worldwide, non-exclusive, royalty-free licence to host, store, copy, run (in the sandbox), back up and display your content only as needed to provide the Service to you and as you choose to share it.

Projects and strategies are private unless you publish them. When you publish a post to the community feed, anyone can see it, and other users can comment on it, like it and fork (copy) the published strategy into their own account for their own research [LICENCE FOR PUBLISHED CODE: TO BE DECIDED]. Copies other users made before you delete a post are theirs and are not removed with it.

Do not publish content you do not have the right to share, other people’s personal data, or claims that present backtests as live results or promise returns. We may hide or remove content that breaks these Terms or the Acceptable Use Policy.

8. Market data

Market data in the Service (prices, bars, quotes, trades, dividends and similar) is provided by Massive and its upstream sources, including exchanges. Market data provided by Massive.

  • The data is licensed to us and made available to you only for your own research inside the Service.
  • You may not redistribute, resell, sublicense, publish, broadcast or otherwise make the data available to anyone else, export it in bulk, scrape it, or use it to build or improve another data product or service.
  • Charts and figures in posts you publish may show limited derived results (for example an equity curve); do not publish raw data tables. [CONFIRM AGAINST THE MASSIVE DISPLAY LICENCE]
  • Exchanges and data vendors may impose further terms, which then apply to you as well.
  • Data may be delayed, adjusted, incomplete or wrong, and may have gaps. We flag gaps we detect but cannot guarantee completeness or accuracy.

9. No affiliation

SCUTA Quant is not affiliated with, endorsed by or sponsored by any proprietary trading ("prop") firm, exchange, broker or data vendor. Names of firms, exchanges, indices and products are trademarks of their owners and are used only to identify them. The prop-firm simulator uses generic rule templates or rules you enter; any named firm profile we add will show the date its rules were last checked against the firm’s own page and a link to that page, and may still be out of date.

10. Plans, credits and payment

  • Plans, prices and what each includes (monthly credits, daily limits, features) are shown on the usage and billing page. Prices are [PRICES AND CURRENCY], plus applicable taxes.
  • Paid plans are billed in advance through Stripe and renew automatically each [BILLING PERIOD] until cancelled. We do not see or store full card numbers.
  • You can cancel at any time from the billing portal; the plan stays active until the end of the paid period and is not renewed.
  • Monthly credits reset at the start of each billing period and do not carry over. Purchased credit packs are used after monthly credits and do not reset [CONFIRM: EXPIRY OF PURCHASED CREDITS].
  • If a payment fails, the paid plan stays active for a grace period of [GRACE PERIOD] days; after that the account moves to the Free plan until payment succeeds.
  • We may change prices with at least [NOTICE PERIOD] notice by email; the new price applies from your next billing period.

11. Refunds

[REFUND POLICY: e.g. payments are non-refundable except where required by law, or a full refund on request within [REFUND WINDOW] days of the first payment for a plan.] Unused credits and the remainder of a paid period are not refunded when you cancel or delete your account, unless the law requires it.

If you are a consumer, you may have statutory rights (for example a right to withdraw from a contract within a set period) that these Terms do not limit. [CONFIRM CONSUMER WITHDRAWAL RIGHTS AND WAIVER WORDING FOR DIGITAL SERVICES IN [JURISDICTION]]

To ask for a refund, write to [BILLING EMAIL].

12. Acceptable use

You must follow the Acceptable Use Policy. It covers, among other things, the code sandbox, market data, Copilot and community content.

13. Exporting your data and deleting your account

You can download your data at any time from Settings → Export data (a JSON file with your account details, projects, strategies with all saved versions, backtest summaries, notebooks and the legal documents you accepted).

You can delete your account from Settings → Delete account. Deletion is immediate and permanent: it cancels any subscription, signs out every session and deletes your data as described in the Privacy Policy. Stripe keeps payment records as the law requires.

14. Changes to the Service

We are improving the Service continuously. We may add, change or remove features and limits. If we remove a paid feature you rely on, we will tell you in advance where reasonably possible. We do not promise any particular availability or uptime unless agreed in writing.

15. Disclaimers

To the extent the law allows, the Service, data, results and AI output are provided "as is" and "as available", without warranties of any kind, including accuracy, completeness, fitness for a particular purpose and non-infringement. [CONFIRM WORDING FOR CONSUMERS IN [JURISDICTION]]

16. Limitation of liability

To the extent the law allows, we are not liable for trading or investment losses, lost profits, lost data, or indirect or consequential losses arising from the Service, including from relying on backtests, simulations, data or AI output. Our total liability for any claim is limited to the greater of the amounts you paid us in the 12 months before the claim and [LIABILITY CAP AMOUNT]. Nothing here limits liability that cannot be limited by law.

17. Indemnity

If you breach these Terms or the Acceptable Use Policy, or publish content that infringes someone’s rights, you agree to cover our reasonable losses and costs from resulting third-party claims, to the extent the law allows. [CONFIRM: MAY NOT APPLY TO CONSUMERS]

18. Suspension and termination

You can stop using the Service and delete your account at any time. We may suspend or close an account that breaks these Terms or puts the Service, other users or us at risk, with notice where reasonable. If we close a paid account without cause, we will refund the unused part of the current period.

19. Changes to these Terms

Each version of these Terms has a version number, shown at the top. When we change them in a way that matters, we publish the new version and ask you to accept it the next time you use the Service; you can keep using the Service only after accepting. We keep a record of which version you accepted and when.

20. Governing law and disputes

These Terms are governed by the laws of [GOVERNING LAW]. Disputes go to the courts of [JURISDICTION], unless the law of your country of residence gives you the right to bring a claim at home. [CONFIRM: ARBITRATION / CLASS ACTION WAIVER]

21. Contact

[COMPANY LEGAL NAME], [COMPANY ADDRESS]. Email: [CONTACT EMAIL].