Terms & Conditions
Last updated: December 2022
Please read this agreement carefully before using Tradescoop service.
Tradescoop (“we,” “us” or “TradeScoop”) provides the website known as tradescoop.io and other information subject to your compliance with the terms and conditions set forth in this Agreement. Collectively, your use of the website and other information, including trade idea notifications, shall be referred to as the “Service”
By using the Service, you agree to be bound by these terms and conditions. If you do not agree to these terms and conditions, you may not use the Service.
You must be at least 18 years of age to use the Service. If you are not at least 18 years old, you may not access or use the Service.
1. Use of the Service
1.1 The Service provided is for general informational purposes only. The Service is not intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security, or fund.
The Service should not be relied upon for purposes of transacting securities or other investments. We cannot and do not assess or guarantee the suitability or profitability of any particular investment, or the potential value of any investment or informational source. You bear responsibility for your own investment research and decisions, and should seek the advice of a qualified securities professional before making any investment.
1.2 Your Account. To access the Service, you must create an account associated with a valid e-mail address. You may only create one account per email address. You are responsible for all activities that occur under your account, regardless of whether the activities are undertaken by you, your employees or a third party (including a spouse) and, except to the extent caused by our breach of this Agreement, we and our affiliates are not responsible for unauthorized access to your account due to your negligence. You will contact us immediately if you believe an unauthorized third party may be using your account or if your account information is lost or stolen. You may terminate your account and this Agreement at any time in accordance with Section 7.
We may change, discontinue, or deprecate any part of the Service (including the Service as a whole) or change or remove features or functionality of the Service from time to time. Any changes we make will be effective seven (7) days after notice of any change is provided to you, which may be done by any means including, without limitation, posting on the Service or via electronic mail.
Your use of the Service after such notice will be deemed acceptance of such changes. Be sure to review this Agreement periodically to ensure familiarity with the most current version.
3. SMS Notifications
3.1 Program Description: Tradescoop provides access to crowdsourced trade ideas, and tracks their performance over time.
3.2 Support: If you are experiencing issues with the notification service, you can get help by contacting us at any of the mediums shown on our contact page.
3.3 Carrier rates: As always, message and data rates may apply for any messages sent to you from us and to us from you. Your messaging frequency will vary and you may receive several messages a day. If you have any questions about your text plan or data plan, it is best to contact your wireless provider.
3.4 Cancellation: You can cancel the SMS service at any time by logging into the member portal to discontinue your subsciption. After you cancel your subscription, we will send you an email to confirm that you have been unsubscribed. After this, you will no longer receive SMS messages from us. If you want to join again, just subscribe, and we will start sending SMS messages to you again.
4. Data Privacy
You consent to our collection, use and disclosure of information associated with the Service in accordance with our Privacy Statement.
5. Service Trial, Fees and Payment, Refunds
5.1 Service Trial. Tradescoop, may offer an evaluation period, or trial for its services for first-time subscribers. Users are only allowed to evaluate the product only one (1) time over their lifetime. Users having previously subscribed to any of Tradescoop's offerings, will not benefit from the trial and will automatically be billed the subscription fee upon registration or renewal regardless of the mention “Trial” under the product description.
The first 7-day (trial) period of a new subscription is always free unless otherwise specified. Your credit card will not be charged until the 8th day of subscription service, and ONLY if you do not cancel during the 7‑day trial period.
5.2 Payment. Tradescoop, will charge the subscription fee and any other additional fees or charges you authorize on the credit card provided by you and starting on the date stated by your subscription invoice or other previous payment agreement established between us and you.
5.3 Credit Card Authorization. By authorizing Tradescoop, to charge a credit card for the fees associated with your Service, you are authorizing Tradescoop to automatically continue charging that card (or any replacement card if the original card is renewed, lost, stolen, or changed for any reason by the card issuer, and the issuer informs Tradescoop of the new replacement card account) for all fees or charges associated with your subscription to the Service including any renewal fees as described below. Tradescoop may elect to interrupt Service for credit cards that are declined for any reason.
5.4 Automatic Renewal of Subscription: When you subscribe to the Service, your subscription will be set to automatically renew upon its expiration. This means that unless you explicitly cancel the Service prior to its renewal date, your Service will automatically renew for the same term. At the time of renewal, we will charge your credit card the then-current fees to renew the Service.
5.5 Cancellations and Refunds: For those subscribed into an automatic monthly subscription: You may cancel at the end of any monthly period, without any penalty or further obligation. However, there are no refunds on months already used. Cancellation will take effect no later than 24 hours after we receive your notification via the membership portal.
5.6 Changes in Price: TradeScoop, may, at any time, change the price of the Service or any part thereof, or institute new charges or fees. Price changes and institution of new charges implemented during an existing subscription term for the Service will apply to subsequent subscription terms and to all new users after the effective date of the change. If you do not agree to any such price changes, then you must cancel your account and stop using the Service. Any changes in pricing or fees will be communicated to you two weeks before the effective date. Your continued use of the Service after the effective date of any such change shall constitute your acceptance of such change.
5.7 Taxes. Charges for Services hereunder do not include any federal, state, local or foreign taxes, duties or levies of any nature (“Taxes”). Any Taxes required to be paid by Tradescoop as a result of the Service rendered hereunder (other than Taxes based on Tradescoop’s income) shall be billed to and paid by you.
5.8 Fee Disputes: If you experience any difficulties with the Service, you agree to contact TradeScoop for assistance. You agree not to dispute any charges from Tradescoop unless the Service is so unusable as to constitute breach even after contacting TradeScoop, or unless you are charged while your account is suspended or deactivated.
6. Temporary Suspension
6.1 Generally. We may suspend your right to access or use any portion or all of the Service immediately upon notice to you if we determine:
(a) your use of or registration for the Service (i) possess a security risk to the Service or any third party, (ii) may adversely impact the Service or the systems or Content of any other customer of TradeScoop, (iii) may subject us, our affiliates, or any third party to direct or indirect liability (e.g. breach of confidentiality or non-disparagement), or (iv) may be fraudulent;
(b) you are in breach of this Agreement, including if you are delinquent on your payment obligations for more than seven (7) days.
6.2 Effect of Suspension. If we suspend your right to access or use any portion or all of the Service:
(a) you remain responsible for all fees and charges for the current payment period.
(b) you will not be entitled to any credit for any period of suspension; and
(c) we will not erase any of Your Content as a result of your suspension, except as specified elsewhere in this Agreement.
Our right to suspend your use the Service is in addition to our right to terminate this Agreement pursuant to Section 7.
This Agreement shall remain effective until terminated in accordance with its terms. Tradescoop may terminate this Agreement, and/or your access to and use of the Services or any portion thereof, immediately, in the event we determine, in our sole discretion, that you have breached this Agreement. If the subscription is terminated “for cause”, you will not receive a refund of any consideration paid for the subscription. In addition, we reserve the right to terminate this Agreement without cause. You may cancel your service via the membership portal, and the automatic renewals under Section 5.4 will immediately end. Canceling your service does not entitle you to a refund for fees already paid.
8. Code of Conduct
8.1 You may not use the Service in any manner or for any purpose other than as expressly permitted by this Agreement. You may not, or may not attempt to: (a) modify, alter, tamper with, or otherwise create derivative works of any intellectual property included in the Service, (b) reverse engineer, disassemble, or decompile the Service, (c) access or use the Service in a way intended to avoid incurring fees,(d) resell or sublicense the Service, (e) copy the look-and-feel or functionality of the Tradescoop’s Marks or Site; (f) remove any Tradescoop’s Marks without our prior written consent; (g) use, redistribute, encumber, sell, rent, lease, sublicense, or otherwise transfer rights to, and/or exploit, the Services for commercial purposes, or in a commercial manner; or (g) use our Service in any way that is not in compliance with all applicable laws, regulations and government authorizations, including but not limited to securities laws, export control, copyright, trademarks, secrecy, defamation, decency, and privacy related laws, regulations and authorizations. All licenses granted to you in this Agreement are conditional on your continued compliance this Agreement, and will immediately and automatically terminate if you do not comply with any term or condition of this Agreement. During and after the Term, you will not assert, nor will you authorize, assist, or encourage any third party to assert, against us or any of our affiliates, customers, vendors, business partners, or licensors, any patent infringement or other intellectual property infringement claim regarding any Service you have used.
8.2 Suggestions. If you provide any Suggestions to us or our affiliates, we will own all right, title, and interest in and to the Suggestions, even if you have designated the Suggestions as confidential. We and our affiliates will be entitled to use the Suggestions without restriction. You hereby irrevocably assign to us all right, title, and interest in and to the Suggestions and agree to provide us any assistance we may require to document, perfect, and maintain our rights in the Suggestions.
9.1 General. You will defend, indemnify, and hold harmless us, our affiliates and licensors, and each of their respective employees, officers, directors, and representatives from and against any claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys’ fees) arising out of, relating to, or concerning: (a) your use of the Service; (b) breach of this Agreement or violation of applicable law by you; (c) Your Content or the combination of Your Content with other applications, content or processes, including any claim involving alleged infringement or misappropriation of third-party rights by Your Content or by the use, development, design, production, advertising or marketing of Your Content; or (d) a dispute arising out of your, or the third party's use of this Service. If we or our affiliates are obligated to respond to a third party subpoena or other compulsory legal order or process described above, you will also reimburse us for reasonable attorneys’ fees, as well as our employees’ and contractors’ time and materials spent responding to the third party subpoena or other compulsory legal order or process at our then-current hourly rates.
9.2 Process. We will promptly notify you of any claim subject to Section 9.1, but our failure to promptly notify you will only affect your obligations under Section 9.1 to the extent that our failure prejudices your ability to defend the claim. You may: (a) use counsel of your own choosing (subject to our written consent) to defend against any claim; and (b) settle the claim as you deem appropriate, provided that you obtain our prior written consent before entering into any settlement. We may also assume control of the defense and settlement of the claim at any time.
10.1 DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS WEBSITE OR TRADE IDEA NOTIFICATIONS FROM TRADESCOOP. THE RISK OF LOSS IN TRADING SECURITIES, OPTIONS, FUTURES, FOREX, AND COMMODITIES CAN BE SUBSTANTIAL AND ARE NOT SUITABLE FOR ALL INVESTORS. YOU MUST CONSIDER ALL RELEVANT RISK FACTORS, INCLUDING YOUR OWN PERSONAL FINANCIAL SITUATION, BEFORE TRADING. YOU ASSUME THE RISK OF ANY AND ALL FINANCIAL INVESTMENTS YOU MAKE. TRADESCOOP, IS NOT RESPONSIBLE FOR ANY FINANCIAL INVESTMENTS YOU MAKE.
WE ARE NOT REGISTERED AS A SECURITIES BROKER-DEALER OR AN INVESTMENT ADVISER EITHER WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (THE “SEC”) OR WITH ANY STATE SECURITIES REGULATORY AUTHORITY. WE ARE NEITHER LICENSED NOR QUALIFIED TO PROVIDE INVESTMENT ADVICE.
THE CONTENTS OF THIS WEBSITE ARE NOT PROVIDED TO ANY PARTICULAR INDIVIDUAL WITH A VIEW TOWARD THEIR INDIVIDUAL CIRCUMSTANCES. THE INFORMATION CONTAINED ON OUR WEBSITE IS NOT AN OFFER TO BUY OR SELL SECURITIES. WE DISTRIBUTE OPINIONS, COMMENTS AND INFORMATION FOR A MONTHLY FEE EXCLUSIVELY TO INDIVIDUALS WHO WISH TO RECEIVE THEM.
OUR SERVICES ARE FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO BE USED AS A COMPLETE SOURCE OF INFORMATION ON ANY PARTICULAR COMPANY. AN INDIVIDUAL SHOULD NEVER INVEST IN THE SECURITIES OF ANY OF THE COMPANIES’ MENTIONED BASED SOLELY ON INFORMATION CONTAINED ON OUR WEBSITE/TRADE IDEA NOTIFICATIONS. INDIVIDUALS SHOULD ASSUME THAT ALL INFORMATION PROVIDED REGARDING COMPANIES IS NOT TRUSTWORTHY UNLESS VERIFIED BY THEIR OWN INDEPENDENT RESEARCH.
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THE MATERIAL CONTAINED IN OUR TEXT IDEA NOTIFICATION IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. TRADESCOOP OFFERS A MONTHLY, PAID MEMBERSHIP TO RECEIVE TRADE IDEA NOTIFICATIONS. THESE TRADE IDEAS ARE UNBIASED AND TRADESCOOP IS NEVER COMPENSATED FOR THEM. OUR SERVICES ARE NEITHER AN OFFER NOR RECOMMENDATION TO BUY OR SELL ANY SECURITY. WE HOLD NO INVESTMENT LICENSES AND ARE THUS NEITHER LICENSED NOR QUALIFIED TO PROVIDE INVESTMENT ADVICE. THE CONTENT OF OUR WEBSITE AND/SOCIAL MEDIA OR NEWSLETTER IS NOT PROVIDED TO ANY INDIVIDUAL WITH A VIEW TOWARD THEIR INDIVIDUAL CIRCUMSTANCES. WHILE ALL INFORMATION IS BELIEVED TO BE RELIABLE, IT IS NOT GUARANTEED BY US TO BE ACCURATE. INDIVIDUALS SHOULD ASSUME THAT ALL INFORMATION CONTAINED ON OUR WEBSITE OR IN OUR TRADE IDEA NOTIFICATIONS/SOCIAL MEDIA CHANNELS IS NOT TRUSTWORTHY UNLESS VERIFIED BY THEIR OWN INDEPENDENT RESEARCH. ALWAYS CONSULT A LICENSED INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION. BE EXTREMELY CAREFUL, INVESTING IN SECURITIES CARRIES A HIGH DEGREE OF RISK; YOU MAY LIKELY LOSE SOME OR ALL OF THE INVESTMENT. WE RESERVE THE RIGHT TO BUY OR SELL SHARES OF ANY COMPANY MENTIONED ON OUR WEBSITE/SOCIAL MEDIA CHANNELS OR IN OUR TEXT IDEA NOTIFICATIONS AT ANY TIME.
TRADESCOOP AND/OR ITS AFFILIATES MAY HOLD, BUY, AND SELL SECURITIES THAT ARE DISCUSSED IN TRADE IDEA NOTIFICATIONS. SUCH AFFILIATES ARE BUYING AND SELLING SECURITIES FOR THEIR OWN ACCOUNT AND DO NOT ENGAGE IN TRADES WITH SUBSCRIBERS. THE BUYING AND SELLING OF SECURITIES BY TRADESCOOP AND/OR ITS AFFILIATES IS NOT PART OF A REGULAR BUSINESS OF BUYING AND SELLING SECURITIES. WE RESERVE THE RIGHT TO BUY OR SELL THE SHARES OF ANY THE COMPANIES MENTIONED IN ANY MATERIALS WE PRODUCE AT ANY TIME.
TO THE FULLEST EXTENT OF THE LAW, WE WILL NOT BE LIABLE TO ANY PERSON OR ENTITY FOR THE QUALITY, ACCURACY, COMPLETENESS, RELIABILITY, OR TIMELINESS OF THE INFORMATION PROVIDED ON THIS WEBSITE, SOCIAL MEDIA CHANNELS, TRADE IDEA NOTIFICATIONS OR FOR ANY DIRECT, INDIRECT, CONSEQUENTIAL, INCIDENTAL, SPECIAL OR PUNITIVE DAMAGES THAT MAY ARISE OUT OF THE USE OF INFORMATION WE PROVIDE TO ANY PERSON OR ENTITY (INCLUDING, BUT NOT LIMITED TO, LOST PROFITS, LOSS OF OPPORTUNITIES, TRADING LOSSES, AND DAMAGES THAT MAY RESULT FROM ANY INACCURACY OR INCOMPLETENESS OF THIS INFORMATION).
WE ENCOURAGE YOU TO INVEST CAREFULLY AND READ INVESTMENT INFORMATION AVAILABLE AT THE WEBSITES OF THE SEC AT HTTP://WWW.SEC.GOV AND FINRA AT HTTP://WWW.FINRA.ORG.
IF YOU DO NOT AGREE WITH THE TERMS OF THIS DISCLAIMER, PLEASE EXIT THIS SITE IMMEDIATELY. PLEASE BE ADVISED THAT YOUR CONTINUED USE OF THIS SITE OR THE INFORMATION PROVIDED HEREIN SHALL INDICATE YOUR CONSENT AND AGREEMENT TO THESE TERMS.
11. Limitations of Liability
WE AND OUR AFFILIATES WILL NOT BE LIABLE TO YOU FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR EXEMPLARY DAMAGES (INCLUDING DAMAGES FOR LOSS OF INVESTMENTS, PROFITS, GOODWILL, USE, OR DATA), EVEN IF A PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. FURTHER, NEITHER WE NOR ANY OF OUR AFFILIATES WILL BE RESPONSIBLE FOR ANY COMPENSATION, REIMBURSEMENT, OR DAMAGES ARISING IN CONNECTION WITH: (A) YOUR INABILITY TO USE THE SERVICES, INCLUDING AS A RESULT OF ANY (I) TERMINATION OR SUSPENSION OF THIS AGREEMENT OR YOUR USE OF OR ACCESS TO THE SERVICE, (II) OUR DISCONTINUATION OF ANY OR ALL OF THE SERVICE, OR, (III) ANY UNANTICIPATED OR UNSCHEDULED DOWNTIME OF ALL OR A PORTION OF THE SERVICE FOR ANY REASON, INCLUDING AS A RESULT OF POWER OUTAGES, SYSTEM FAILURES OR OTHER INTERRUPTIONS; (B) ANY INVESTMENTS, EXPENDITURES, OR COMMITMENTS BY YOU IN CONNECTION WITH THIS AGREEMENT OR YOUR USE OF OR ACCESS TO THE SERVICE; OR (C) ANY UNAUTHORIZED ACCESS TO, ALTERATION OF, OR THE DELETION, DESTRUCTION, DAMAGE, LOSS OR FAILURE TO STORE ANY OF YOUR CONTENT OR OTHER DATA. IN ANY CASE, OUR AND OUR AFFILIATES’ AGGREGATE LIABILITY UNDER THIS AGREEMENT WILL BE LIMITED TO THE AMOUNT YOU ACTUALLY PAY US UNDER THIS AGREEMENT FOR THE SERVICE THAT GAVE RISE TO THE CLAIM DURING THE 12 MONTHS PRECEDING THE CLAIM.