Terms of Use

Effective date: April 29, 2026

1. Acceptance of Terms

By accessing or using Quantago, you agree to these Terms of Use and any policies or supplemental terms referenced here. If you do not agree, do not use the service. These Terms constitute a binding legal agreement between you and Universal Reason LLC, the operator of Quantago.

2. Description of Service

Quantago is a cloud-based software platform that provides tools for algorithmic trading strategy creation, backtesting, automated bot execution, performance tracking, and marketplace discovery. Users connect their own broker accounts via OAuth to enable execution of strategies they configure and activate.

Quantago is not a broker-dealer, exchange, custodian, asset manager, investment adviser, or fiduciary. Quantago does not open or maintain brokerage accounts, does not hold or custody user funds, and does not provide brokerage services. All brokerage services accessible through the platform are provided by third-party regulated brokers (such as Alpaca Securities LLC, member FINRA/SIPC) under their own terms and regulatory oversight. Quantago is not affiliated with or endorsed by any such broker.

The platform does not guarantee profits, returns, strategy performance, uptime, order fills, or execution outcomes of any kind.

3. Eligibility and Account Responsibility

You must be at least 18 years of age and legally able to enter into a binding agreement in your jurisdiction. You represent that your use of the platform complies with all applicable laws, including those governing automated trading, financial services, and data privacy in your jurisdiction.

You are responsible for maintaining the confidentiality of your account credentials and for all activity that occurs under your account. You must notify us immediately at legal@quantago.co if you become aware of any unauthorized access to your account.

4. Broker Connections and Execution

If you connect a third-party broker account (such as Alpaca), the following terms apply:

You authorize Quantago to use the OAuth access token issued by your broker solely to transmit trade instructions generated by strategies you have configured and activated.
You remain solely responsible for your broker account, API scopes granted, account balances, margin usage, regulatory compliance in your jurisdiction, and the consequences of any strategy or execution decision.
Quantago does not make discretionary trading decisions. All execution is triggered by strategies you have personally created or subscribed to and actively enabled.
Quantago does not hold, custody, transfer, or have ownership interest in your funds at any time. All assets remain in your broker account.
By connecting a broker account, you acknowledge the Authorization Disclosure presented during the connection flow. Specifically: connecting your broker account grants Quantago access to your account information and the ability to place transactions at your direction. Quantago does not warrant or guarantee that any strategy will work as advertised or expected.
You may disconnect your broker account at any time through the platform or directly through your broker’s account management settings. Disconnecting revokes our ability to place further instructions but does not unwind any previously executed trades.
Brokerage services are provided by the relevant third-party broker, not by Quantago. Alpaca’s services are provided by Alpaca Securities LLC, member FINRA/SIPC.

5. No Investment or Financial Advice

All information, outputs, strategy suggestions, AI-generated code, backtests, performance data, and content on Quantago are provided for informational and operational purposes only. Nothing on the platform constitutes financial, investment, legal, or tax advice.

Quantago’s AI tools generate trading strategy code based on your inputs. This is equivalent to a software development tool producing code at your direction — it is not a personalized investment recommendation. You are solely responsible for evaluating the appropriateness of any strategy for your financial situation, risk tolerance, and investment objectives.

Trading and automated execution involve substantial risk, including the possibility of total loss of capital. Past performance, backtests, and live performance histories are not guarantees or reliable indicators of future results. You should consult a licensed financial adviser before making any trading decisions.

6. Marketplace, Subscriptions, and Creator Terms

Where marketplace functionality is available:

Creators are responsible for the accuracy, legality, and completeness of their strategy listings. Creators may not misrepresent strategy performance, ownership, or methodology.
Verified performance metrics reflect recorded platform activity only. They are not a promise of future performance and are not investment advice.
Subscribers receive a limited, non-transferable, non-exclusive license to use a strategy through the platform for the duration of their subscription. Subscribers do not acquire ownership of the underlying code, methodology, or intellectual property.
Quantago does not endorse, verify the investment merits of, or guarantee results for any marketplace strategy.
If subscription payments or creator payouts are enabled, additional commercial terms will apply and will be presented at the relevant step.

7. Prohibited Conduct

You may not:

Use the platform for any unlawful purpose or in violation of applicable financial services laws, securities regulations, or exchange rules.
Attempt to circumvent any access control, security measure, or rate limit.
Upload or transmit malicious code, viruses, or harmful software.
Scrape, crawl, or systematically extract platform data without written permission.
Attempt to access another user’s account, data, or strategies without authorization.
Misrepresent your identity, affiliation, or qualifications.
Use the platform to engage in market manipulation, wash trading, front-running, or any other practice that violates applicable law or broker terms.
Represent or imply that Quantago is a broker-dealer, investment adviser, or licensed financial services provider.

8. Intellectual Property

Quantago and its related software, branding, interfaces, documentation, and platform architecture are owned by Universal Reason LLC or its licensors and are protected by applicable intellectual property laws.

You retain ownership of strategy content and materials you create or upload. By uploading or publishing content to the platform, you grant Quantago a limited, worldwide, royalty-free license to host, process, execute, verify, and display that content as necessary to operate the service and, where you have opted in, to make it available through the marketplace.

You represent that you own or have the right to use all content you submit to the platform and that doing so does not infringe any third-party rights.

9. Suspension and Termination

We may suspend or terminate your access to the platform at any time, with or without notice, if we reasonably believe you have violated these Terms, created legal or reputational risk for the platform, engaged in fraudulent activity, or if continued service is no longer commercially or legally feasible.

Upon termination, your right to use the platform ceases immediately. We may retain certain data as required by law or for legitimate business purposes consistent with the Privacy Policy. Termination does not affect any trades already executed through your broker account.

10. Disclaimers and Limitation of Liability

THE SERVICE IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, OR UNINTERRUPTED OPERATION, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW.

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, QUANTAGO AND UNIVERSAL REASON LLC SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR TRADING LOSSES, LOST PROFITS, LOST REVENUE, LOSS OF DATA, LOSS OF GOODWILL, OR BUSINESS INTERRUPTION ARISING FROM OR RELATED TO YOUR USE OF THE SERVICE, REGARDLESS OF THE CAUSE OF ACTION OR THE THEORY OF LIABILITY, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

OUR TOTAL AGGREGATE LIABILITY TO YOU FOR ANY CLAIMS ARISING UNDER OR RELATED TO THESE TERMS SHALL NOT EXCEED THE GREATER OF (A) THE TOTAL FEES PAID BY YOU TO QUANTAGO IN THE TWELVE MONTHS PRECEDING THE CLAIM, OR (B) ONE HUNDRED US DOLLARS ($100).

SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR LIMITATION OF LIABILITY, SO SOME OF THE ABOVE MAY NOT APPLY TO YOU.

11. Indemnification

You agree to indemnify, defend, and hold harmless Universal Reason LLC and its members, officers, agents, and successors from and against any claims, damages, losses, liabilities, costs, and expenses (including reasonable legal fees) arising from: (a) your use of the platform; (b) your violation of these Terms; (c) your violation of any applicable law or third-party right; or (d) any strategy you create, publish, or activate through the platform.

12. Governing Law and Dispute Resolution

These Terms are governed by the laws of the State of Wyoming, United States, without regard to its conflict of law provisions.

Any dispute arising from or related to these Terms or the service shall first be subject to good-faith negotiation. If unresolved within 30 days, disputes shall be submitted to binding arbitration administered by JAMS under its Streamlined Arbitration Rules, with proceedings conducted in English. The arbitrator’s award shall be final and binding, and judgment may be entered in any court of competent jurisdiction.

Notwithstanding the above, either party may seek injunctive or other equitable relief in any court of competent jurisdiction to prevent irreparable harm. Nothing in this section limits your statutory rights under applicable consumer protection laws in your jurisdiction.

CLASS ACTION WAIVER: YOU AGREE THAT ANY DISPUTE RESOLUTION PROCEEDINGS WILL BE CONDUCTED ONLY ON AN INDIVIDUAL BASIS AND NOT AS A CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION.

13. Changes to These Terms

We may update these Terms from time to time. If we make material changes, we will update the effective date and may provide additional notice through the product or by email. Continued use of the platform after the updated effective date constitutes your acceptance of the revised Terms. If you do not agree to revised Terms, you must stop using the platform.

Contact

For legal questions about these Terms, contact legal@quantago.co.

Legal entity: Universal Reason LLC
Jurisdiction: Wyoming, United States