Terms of Service

Last updated: August 13, 2026. Draft copy — pending legal review before this document is finalized; bracketed fields are placeholders to be completed by Quantly's legal counsel.

1. Acceptance of these Terms

These Terms of Service ("Terms") govern your access to and use of Quantly (the "Service"), operated by [Company Legal Name — insert] ("Quantly", "we", "us"). By creating an account or otherwise using the Service, you agree to be bound by these Terms and our Privacy Policy. If you do not agree, do not use the Service.

2. What Quantly Is — and Is Not

Quantly lets you build trading strategies without writing code, backtest them against historical data, run them in a simulated paper-trading environment, and — if you choose to connect your own brokerage account — submit trade orders for live execution.

  • Quantly is a software tool, not a broker-dealer, investment adviser, or exchange.
  • Quantly does not hold, custody, or have access to your funds or securities.
  • Nothing in the Service constitutes investment, financial, tax, or legal advice, or a recommendation to buy or sell any security or instrument.

3. Trading Risk Disclosure

Trading securities and derivatives involves substantial risk of loss and is not suitable for every investor. You could lose some or all of your invested capital.

Backtested and simulated (paper trading) results are hypothetical, are calculated with the benefit of hindsight, and do not reflect actual trading or the impact of slippage, liquidity, or market conditions that may affect real execution. Past performance, simulated or actual, is not indicative of future results. You are solely responsible for your own trading decisions, for evaluating any strategy before using it with real funds, and for any resulting gains or losses.

4. Broker Connections and Order Execution

Live trading requires you to connect your own brokerage account. In Phase 1, Quantly supports Interactive Brokers (IBKR) only, connected via IBKR's Client Portal Web API using credentials you provide and control.

Quantly does not place orders automatically. Every order generated by a strategy requires your explicit review and confirmation before it is transmitted to your broker. You are responsible for reviewing each order before confirming it, and for the account permissions, funding, and risk settings on your brokerage account.

5. Accounts and Eligibility

You must provide accurate registration information and keep your login credentials confidential. You are responsible for all activity under your account. You must be at least 18 years old and legally able to enter into these Terms to use the Service.

6. Subscription Plans and Billing

Quantly offers a Free plan and a paid Pro plan with expanded limits. Paid subscriptions are billed in advance on a recurring basis (monthly or yearly, as selected) through our third-party payment processor. You may cancel at any time; cancellation takes effect at the end of the current billing period. Except where required by law, fees already paid are non-refundable.

7. Acceptable Use

You agree not to:

  • Use the Service for any unlawful purpose, including market manipulation or fraud.
  • Attempt to reverse-engineer, scrape, or overload the Service.
  • Share your account credentials or broker credentials with unauthorized parties.
  • Interfere with or disrupt the integrity or performance of the Service.

8. Intellectual Property

The Service, including its software, design, and content, is owned by Quantly and protected by applicable intellectual property laws. Strategies you build and data you upload remain yours; you grant us only the rights needed to operate and provide the Service to you.

9. Termination

You may stop using the Service and close your account at any time. We may suspend or terminate your access if you violate these Terms or if required by law.

10. Disclaimers and Limitation of Liability

The Service is provided "as is" without warranties of any kind. To the fullest extent permitted by law, Quantly is not liable for any trading losses, lost profits, or indirect, incidental, or consequential damages arising from your use of the Service, including any losses resulting from strategy performance, broker connectivity issues, or market data delays.

11. Governing Law

These Terms are governed by the laws of [Governing Jurisdiction — insert].

12. Changes to these Terms

We may update these Terms from time to time. If we make material changes, we will notify you by email or through the Service. Continued use after changes take effect constitutes acceptance of the updated Terms.

13. Contact

Questions about these Terms can be sent to support@nocodealgo.app.