QuantAssay ("we", "us", the "Service") provides software tools and research reports that test user-described trading strategy ideas against historical market data and report statistical results ("Reports"). The Service is standardized: the same tools, methods, thresholds, and report formats are applied for every user. We do not tailor advice to your personal circumstances, objectives, or financial situation, and nothing in the Service is a recommendation to buy, sell, or hold any financial instrument, or to trade at all.
Nothing provided by the Service — including Reports, verdicts, statistics, simulations, chat output, or any other content — constitutes investment advice or a solicitation. We are not your advisor, broker, or fiduciary. AI-generated content may contain errors. You agree that you will make all trading decisions independently and, where appropriate, with advice from licensed professionals you engage yourself.
Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Because the trades have not been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
All Reports are hypothetical by definition. A favorable verdict is a statistical measurement of the past — it is not a prediction, a guarantee, or an assurance of future results. Most tested strategies fail our testing; strategies that pass may still lose money in live trading.
You acknowledge and agree that: (a) trading involves substantial risk of loss, including losses exceeding your deposits; (b) past performance, whether real or simulated, does not indicate future results; (c) data, models, and software may contain errors, gaps, or inaccuracies; (d) any reliance you place on the Service is strictly at your own risk; and (e) you are solely responsible for compliance with the rules of any broker, exchange, or proprietary-trading firm whose services you use, including evaluation and funding program rules.
You retain ownership of strategy ideas you submit. You grant us a limited license to process them solely to provide the Service (including running tests and generating your Reports). We do not trade user-submitted strategies for our own account and do not share your strategy details with other users, except as required by law. Aggregated, anonymized statistics (e.g., "X% of tested ideas fail") may be derived from Service usage.
You must be at least 18 and able to form a binding contract. You may not: resell or redistribute Reports or underlying data; use the Service to violate any law or third-party terms (including exchange data policies); attempt to extract our datasets, models, or engine internals; or misrepresent Reports as endorsements, guarantees, or advice to third parties.
Prices are shown at purchase. One-off Report fees are refundable within 14 days of delivery if you tell us the Report taught you nothing you didn't know — email the receipt and we'll refund it. Subscription fees are non-refundable once a billing period starts, and you may cancel any time effective the next period. Taxes are your responsibility where applicable.
The Service is provided "as is" and "as available", without warranties of any kind, express or implied, including merchantability, fitness for a particular purpose, accuracy, completeness, availability, and non-infringement. We do not warrant that the Service will be uninterrupted, error-free, or secure, or that results will be accurate or reliable.
To the maximum extent permitted by law: (a) we shall not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, trading losses, loss of data, or loss of goodwill, however caused and under any theory of liability, even if advised of the possibility; and (b) our total aggregate liability for all claims arising out of or relating to the Service shall not exceed the amounts you paid us in the three (3) months preceding the event giving rise to the claim, or SGD 100, whichever is greater.
Some jurisdictions do not allow certain exclusions or limitations; in those jurisdictions our liability is limited to the greatest extent permitted by law. Nothing in these terms excludes liability that cannot be excluded by law (including for fraud or for gross negligence where non-excludable).
You will indemnify and hold us harmless from claims, losses, and expenses (including reasonable legal fees) arising from your trading activity, your breach of these terms, your violation of law or third-party rights, or your use of Reports in ways not permitted by these terms.
The Service may reference or interoperate with third parties (e.g., brokers, execution bridges, payment processors, data vendors). We are not responsible for third-party services, their availability, or your dealings with them. If you export a strategy runtime, you run it on your own systems and your own accounts, at your own risk — we have no access to, or responsibility for, your broker accounts or orders.
We may update the Service and these terms; material changes will be posted with a new effective date, and continued use constitutes acceptance. We may suspend or terminate access for breach. Sections 2–4 and 8–14 survive termination.
These terms are governed by the laws of Singapore, without regard to conflict-of-laws rules. Disputes shall be resolved exclusively in the courts of Singapore, and each party waives participation in class actions to the extent permitted by law. (Governing law/venue may be updated upon incorporation; the then-current version applies.)
These terms are the entire agreement regarding the Service. If any provision is unenforceable, the remainder stays in effect. Failure to enforce is not waiver. You may not assign these terms; we may assign to a successor entity.
Questions: support@quantassay.com · See also our Privacy Policy.