Terms of Service

By using the Services, you agree to these Terms and our Disclaimer. You must be at least 18 years old and have legal capacity to enter into these Terms. Do not use the Services if you do not agree to them.

Our Services are intended for U.S. residents. If you choose to access or use them from outside the United States, you are responsible for determining whether that use is lawful where you are and for complying with applicable local laws. We do not represent that the Services are suitable or authorized outside the United States, and we may restrict access in particular locations. Nothing in these Terms excludes rights or obligations that applicable law does not allow us to exclude.

ApexTrader publishes AI-written research on the U.S. stock market and on individual U.S.-listed companies. Our Services include, but are not limited to:

• Daily reads: the Market daily read and Stock daily reads, which grade each trading day as Focus, Watch or Calm and explain why.
• Market events and Agenda: what has happened in the market, and scheduled items coming up for the market and for individual stocks.
• Company overview and Related companies: what each covered company does, and the companies related to it.
• Deep reports: Red flags and Moat reports on an individual company, generated when you request them.
• Investment outlook: AI-generated research on an individual stock that gives a Strong Buy, Buy, Wait, Sell, or Strong Sell view, a target price for a stated date, and a view on whether the stock will outperform the S&P 500 (SPY) over the same period.
• Lumi: ApexTrader's AI assistant. Its output is generated automatically. Lumi is not a person and is not an investment adviser. For the stocks you choose for Lumi, depending on your plan's limit and data availability, we provide Stock daily reads after the U.S. market close, and you may receive them by email. Lumi also generates the reports you request. Updates and delivery may be delayed or unavailable.
• User Accounts: Accounts for managing your preferences, reports, and subscription.
• My reports: keeps the reports you have generated.
• Sharing: a link that lets anyone who has it read a report you own, until you stop sharing it.
• AI Limitations Transparency: Our AI systems use statistical models and AI algorithms to analyze market data. These models have inherent limitations, including dependence on historical patterns that may not repeat in the future. Our systems cannot predict unforeseen market events, such as company-specific news, policy changes, or global crises.
• No Personalized Investment Advice: Although our AI tools are designed to provide market insights, they do not constitute personalized investment advice. Our Services do not consider your personal financial situation, investment objectives, or risk tolerance. You should consider our Services as part of broader research, not as the sole basis for investment decisions.

Scheduled Maintenance

We may perform scheduled maintenance during which the Services may be unavailable. We will attempt to provide reasonable notice of scheduled maintenance when practical.

Service Disruptions

There may be instances where service disruptions occur due to various reasons, including but not limited to technical issues, third-party service provider outages, natural disasters, or other emergencies. These disruptions may affect the availability or performance of our Services, including the accuracy of data or analysis provided.

Service Changes

We reserve the right to modify, suspend, or discontinue any part of our Services at any time. We will make reasonable efforts to notify users of significant changes to our Services.

Our Services rely on data from various third-party sources and APIs. You acknowledge and agree that:

• Data Source Reliability: We cannot guarantee the accuracy, completeness, or timeliness of data provided by third-party sources. Market data may be delayed, inaccurate, or unavailable from time to time.
• API Restrictions: Our ability to provide certain features may be limited by restrictions imposed by third-party API providers. Changes to third-party APIs may affect the availability or functionality of our Services.
• Rate Limitations: Access to certain data or features may be subject to rate limitations imposed by third-party providers, which could temporarily limit your access to specific information or features.
• Data Provider Changes: Third-party data providers may change their terms of service, pricing, or data availability, which could affect our ability to provide certain Services or features.

You agree that we shall not be held liable for any issues arising from the limitations, restrictions, or changes in third-party data sources or APIs that are beyond our reasonable control.

Some of our content, including Investment outlook, uses terms such as "Strong Buy," "Buy," "Wait," "Sell," "Strong Sell," and "target price" to state a view on a stock. These views are general research opinions. They are written without regard to any reader's holdings, financial situation, or investment objectives, and they are not personalized investment advice. We do not assess whether a particular security is "suitable" or "appropriate" for you. You decide for yourself whether and how to act on any view.

a. Registration

To access certain features of our Services, you must register for an account. During registration, you agree to provide accurate, current, and complete information about yourself as prompted by the registration form and to update such information to keep it accurate.

b. Account Security

You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You agree to notify us immediately of any unauthorized use or security breaches of your account.

c. Account Termination

If we have reasonable grounds to believe that your conduct violates these Terms or harms other users or the Company, we may take reasonable and necessary measures, including restricting your use of the Services, revoking benefits improperly obtained through that conduct, and suspending or terminating the accounts involved. We may take these measures without prior notice where reasonably necessary. If you believe we have taken action in error, you may request a review using the contact information provided in these Terms.

You can delete your account at any time in Settings. Deleting your account turns off auto-renew for a website subscription. App Store subscriptions must be canceled separately in the App Store. If you sign in again within 30 days, your account is restored, and you can resume auto-renew for a website subscription under Subscription in Settings. After the 30-day recovery period, we will use scheduled cleanup to delete or de-identify account-associated data, disable sharing links, and cancel any website subscription still active. We may retain records needed for billing, legal compliance, fraud prevention, or disputes. General research content no longer associated with your account may remain.

a. Plans

We offer a free plan (Free) and paid plans (Plus and Max). Plans differ in generation eligibility, monthly research credits, the number of stocks Lumi watches, and concurrent report capacity. Generating or retrying Investment outlook requires Plus or Max; reports you already own remain readable after a downgrade. Current plans and prices are shown on our Pricing page.

b. Research Credits

• Generating a report uses research credits. The confirmation step shows how many before you generate.
• Credits are granted for monthly periods. On Free, a period starts on the day of the month you registered; on a paid plan, periods follow your billing date, and an annual plan is divided into monthly periods.
• When you upgrade, credits you have already used in the current period still count against the new plan. After a paid plan ends, Free periods start from the day it ended.
• Credits included with a plan reset at the end of each monthly credit period, and unused plan credits do not roll over. Research credit top-ups and separate credit purchases are not offered. Research credits can be used only for eligible features of the Services, cannot be transferred, and, except where required by applicable law, cannot be redeemed for cash.
• A generation that fails or is cancelled uses no credits.
• Reading a report you have already generated uses no credits. Generating it again after its underlying data has changed is a new generation and uses credits again.

c. Subscription Management

Upgrades

When you upgrade to a higher-tier subscription plan, the change takes effect as soon as payment succeeds. The unused portion of your current plan is credited pro rata against the full price of the new plan, and a new billing period starts on the day you upgrade.

Downgrades

• You will continue to have access to your current plan's features until the end of your current billing period.
• The downgrade will take effect at the beginning of your next billing cycle.
• Except as provided in the refund policy below, the unused portion of your billing period is not refunded.

Switching between monthly and annual billing also takes effect at the end of your current billing period.

When a plan that lets Lumi watch fewer stocks takes effect, including Free, every stock stays on your list, but only the ones you added most recently, up to the new limit, keep getting updated; the rest are paused until you remove some or upgrade.

d. Billing Cycles

Subscriptions are billed on a recurring basis according to the billing cycle you selected (monthly or annually). Your subscription renews automatically at the end of each billing period unless you turn off auto-renew in Settings before the renewal date. Turning off auto-renew cancels your subscription at the end of the current billing period: your plan stays active until then, is not renewed, and your account then moves to Free.

e. No Refund Policy

Service fees are non-refundable except where applicable law requires a refund or we expressly offer one at purchase. Subject to those exceptions, cancelling, downgrading, deleting your account, or stopping use does not entitle you to a refund for an unused period.

When you cancel or downgrade, your current plan remains available until the end of the current billing period. Reports you have generated remain readable after your subscription ends, provided your account remains active. Account deletion is governed by the User Accounts section above.

f. Price Changes

We may change our prices. A price change applies from your next renewal after we have emailed you at least 30 days in advance. Until then your current price stays the same, and you can turn off auto-renew before the change takes effect.

You agree not to:

• Compliance: Violate any applicable laws or regulations.
• Fraudulent Activities: Use the Services for fraudulent purposes or unauthorized transactions.
• Disruption: Interfere with or disrupt the integrity or performance of the Services.
• Intellectual Property: Infringe on the intellectual property rights of others.
• Misuse: Attempt to gain unauthorized access to our systems or data; circumvent usage limits or account restrictions; or improperly obtain additional free research credits or other promotional benefits, including through repeated registrations or the use or control of multiple accounts.
• Content Violations: Upload, post, or transmit content that is unlawful, harmful, threatening, abusive, defamatory, obscene, or otherwise objectionable.
• Reverse Engineering: Reverse engineer, decompile, or attempt to extract the source code of our Services.
• Market Manipulation Prohibition: You must not use our AI tools or analyses to attempt to engage in any form of market manipulation, insider trading, or activities that violate securities laws. This includes, but is not limited to, using our Services to coordinate trading activities or disseminate false information to influence market prices.
• Excessive Reliance Prohibition: You must not rely solely on our AI analyses as the exclusive basis for your investment decisions. You must understand and acknowledge that our tools are decision support systems, not substitutes for professional financial advice or independent research.

a. Ownership

The Company and the relevant rights holders retain their rights in the Services, including software, design, and content in which they hold rights. Rights in third-party content remain with the respective rights holders.

b. License

Subject to these Terms, the Company grants you a limited, non-exclusive, non-transferable, revocable license to access and use the Services for personal or internal business purposes.

c. Restrictions

Except for sharing or downloads expressly permitted through built-in features, or with our written permission, you may not copy, modify, create derivative works from, or redistribute service content. Without our prior written permission, you may not use automated means to collect entire reports or substantial portions of other service content for republication, resale, or AI model training. You may not reverse engineer, decompile, or disassemble the Services, remove proprietary notices, or use the Services for unauthorized commercial purposes.

d. Content Complaints and Corrections

If you believe content published on the Services infringes your rights or contains a factual error, please email hello@apextrader.ai with the relevant page URL and a brief explanation. We will review your report and take appropriate action where warranted.

a. Ownership of Content

You retain ownership of any content you submit, post, or display on or through the Services ("User Content"). By submitting User Content, you grant the Company a worldwide, non-exclusive, royalty-free license to use, copy, modify, distribute, and display such content within the Services.

b. Responsibility for Content

You are solely responsible for all User Content that you upload, post, or otherwise transmit through the Services. You agree not to upload or transmit any User Content that:

• Infringes any third party's intellectual property rights.
• Contains defamatory, obscene, or unlawful material.
• Contains viruses or other harmful components.

a. AI Functionality

Our Services use large language models from third-party providers, together with figures our own software calculates, to analyze data and write reports, some of which contain forward-looking views such as target prices. While we strive to ensure the accuracy and reliability of these AI-driven features, we do not guarantee their performance or results.

b. User Responsibility

You acknowledge and agree that:

• Personal Analysis Responsibility: The selection of specific stocks, securities, or sectors to follow through our platform is solely at your discretion and does not constitute a recommendation from us to invest in those securities.
• Supplementary Information: AI-generated insights are intended to supplement, not replace, your own financial judgment or professional advice.
• No Guarantees: The Company does not guarantee any specific outcomes based on AI-generated insights. Past performance is not indicative of future results.
• Algorithmic Limitations: AI algorithms are based on historical data and programmed parameters, which may not account for unforeseen market conditions or events.
• Performance Attribution: Our AI model performance may vary according to market conditions. In some periods, our analyses may align closely with market movements, while in others they may diverge significantly. You should not evaluate the overall effectiveness of AI tools based on short-term performance assessments.
• Model Updates and Changes: We regularly change which AI models we use and the instructions and data we give them. These changes may result in significant shifts in analytical approaches and may alter the types of insights provided. You should understand that previously observed analytical patterns may not continue in future model iterations.

c. Transparency and Control

We strive to maintain transparency regarding how our AI systems operate. Users have the right to:

• Understand AI Usage: Access information about how AI is used within our Services.
• Algorithm Decision Basis: We are committed to explaining, within reasonable limits, how our AI systems derive their analytical conclusions. However, due to technical complexity, we may not be able to provide complete explanations for certain AI decisions, particularly those involving complex deep learning models.

If we publish historical model-performance statistics, we will identify the relevant period and basis of calculation, distinguish backtested results from results obtained in actual use, and identify any benchmark used. Historical results may be affected by data limitations and selection bias and do not guarantee future performance.

The Services are provided "as is" and "as available" without any warranties of any kind, either express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement. The Company does not warrant that the Services will be uninterrupted, error-free, secure, or free of harmful components.

To the fullest extent permitted by law, Apex Thoughts LLC shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses, resulting from:

• Use or Inability to Use: Your use or inability to use the Services.
• Unauthorized Access: Any unauthorized access to or use of our servers and/or any personal information stored therein.
• Harmful Components: Any bugs, viruses, or other harmful components that may infect your device.
• Errors or Omissions: Any errors or omissions in the Services.
• Reliance on Information: Any reliance you place on the information provided by our Services.

To the maximum extent permitted by applicable law, the Company's aggregate liability arising out of or relating to these Terms or the Services, whether in contract, tort, or otherwise, will not exceed the greater of US$100 or the service fees you paid us during the 12 months preceding the event giving rise to the claim. This limitation does not apply to liability that cannot lawfully be limited or excluded.

You agree to defend, indemnify, and hold harmless Apex Thoughts LLC, its affiliates, officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, and expenses, including reasonable attorneys' fees and costs, arising out of or in any way connected with:

• Your Access to or Use of Services: Your access to or use of the Services.
• Violation of These Terms: Your violation of these Terms.
• Violation of Laws: Your violation of any applicable laws, rules, or regulations.
• User Content: Any User Content submitted by you.

These Terms are governed by Wyoming law, without regard to its conflict-of-laws rules. Unless mandatory applicable law provides otherwise, disputes arising out of or relating to these Terms or the Services will be heard exclusively by state or federal courts with jurisdiction in Wyoming.

If a dispute arises, please contact us at hello@apextrader.ai. The parties will first attempt in good faith to resolve it informally. If it cannot be resolved, the Governing Law section above applies.

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

These Terms and the Disclaimer constitute the entire agreement between you and the Company regarding use of the Services and supersede prior agreements and understandings on that subject. Our Privacy Policy governs our information practices. Unless applicable law requires otherwise, the English versions of these Terms, the Disclaimer, and the Privacy Policy control if their language versions conflict.

We may update these Terms and will publish the revised version with its updated date. We will provide prominent notice of material changes before they take effect. To the extent permitted by applicable law, using the Services after the changes take effect constitutes acceptance of the revised Terms. We will obtain consent where the law requires it. Changes to our information practices are addressed in the Privacy Policy.

If you have any questions or concerns about these Terms, please contact us at:

Email: hello@apextrader.ai

Registered address: Apex Thoughts LLC, 30 N Gould St Ste N, Sheridan, WY 82801, United States.

Under California Civil Code Section 1789.3, California users are entitled to the following consumer rights notice. The provider of the Services is Apex Thoughts LLC, 30 N Gould St Ste N, Sheridan, WY 82801, United States; telephone +1 (551) 359-1725; email hello@apextrader.ai. Charges for the Services are described in these Terms and on our Pricing page. To file a complaint or get more information about consumer rights, you may contact the Complaint Assistance Unit of the Division of Consumer Services of the California Department of Consumer Affairs in writing at 1625 North Market Blvd., Suite N 112, Sacramento, CA 95834, or by telephone at (800) 952-5210.