Legal

Terms of Use

Version 1.0.0 \u00b7 Effective date: August 3, 2026

Private beta terms for United States users. The service is free, invite-only, and not available for general public onboarding or paid subscriptions.

1. Parties and acceptance

This Terms of Use agreement is between you (“you” or “user”) and Mirsad Technologies LLC, the operator of the Mirsad AI service, with its legal address in Riyadh, Kingdom of Saudi Arabia (“Mirsad”, “we”, “us”, or “operator”).

By creating an account, accessing protected functionality, or affirmatively selecting “I agree,” you enter into a binding agreement with the service operator. This agreement takes effect on the later of the date you first use the service and the date you affirmatively accept these terms.

Effective date of this version: August 3, 2026. Version: 1.0.0.

2. Eligibility

You confirm that you: (a) are at least 18 years old and have legal capacity to enter into this agreement; (b) are physically located in and ordinarily resident in the United States; (c) are not prohibited from using the service by any law, regulation, sanctions program, broker, or exchange rule; (d) are not a blocked or restricted person; and (e) will comply with all applicable securities, sanctions, tax, and market-conduct laws. Access from outside the United States is not permitted during the private beta.

3. Nature of the service

Mirsad is an AI-powered market-analysis and decision-support software product. The private beta is designed to provide general, impersonal informational analysis. Mirsad does not accept trade orders, execute transactions, hold customer assets, or connect to a user brokerage account for autonomous trading.

Nothing on this page is a legal conclusion that Mirsad is outside all regulation. Applicable laws may treat certain activities as regulated; you should determine the regulatory status that applies to you and to any service you use.

Acceptance of these terms is contractual consent. It is not, and must not be interpreted as, a regulatory classification, authorization, approval, or licence of Mirsad by any authority. Whether Mirsad’s activities require authorization is determined by applicable law and is reviewed independently of this agreement.

4. No investment advice

The private beta does not collect your financial circumstances, investment objectives, holdings, or risk tolerance to tailor outputs. Outputs are intended as general and impersonal market information, not individualized recommendations to buy, sell, hold, exercise, or avoid any security or instrument. Product labels such as “conviction,” “opportunity,” or “risk” describe software-generated market analysis and do not determine the legal classification of the service.

You should obtain advice from qualified professionals where appropriate and should not rely on the service as the sole basis for a trading or investment decision.

5. User decision responsibility

YOU RETAIN SOLE RESPONSIBILITY FOR DECIDING WHETHER TO ACT ON AN OUTPUT AND FOR INDEPENDENTLY VERIFYING THE INFORMATION BEFORE PLACING A TRADE. YOUR USE OF ANY MIRSAD OUTPUT IS VOLUNTARY AND AT YOUR OWN RISK.

You are solely responsible for: order entry; instrument selection; direction; timing; price; quantity; leverage; position sizing; stop-loss decisions; exits; exercise and assignment; account permissions; suitability; taxes; commissions; spreads; slippage; financing costs; losses; and compliance with laws, broker rules, and exchange rules.

This section allocates decision responsibility to the user for their own actions. It does not state that every form of legal responsibility is transferred to the user: liability that applicable law does not allow to be excluded or transferred remains with the operator, and nothing here waives any duty the law does not allow to be waived.

6. AI limitations

AI outputs are probabilistic. AI can make mistakes. Outputs may contain false positives or false negatives, may omit relevant information, and may misinterpret market conditions. Model behavior may change after updates. Explanations may simplify complex reasoning. The service must not be treated as infallible.

An AI confidence or conviction label is not a probability of profit, a promise of performance, or a guarantee that an identified outcome will occur.

7. Market-data limitations

Market data used by the service may be delayed, stale, incomplete, inaccurate, unavailable, adjusted, corrected, or supplied by third parties, and may be affected by market closures, halts, corporate actions, symbol changes, or technical failures.

You must verify prices, contract specifications, expiry dates, strike prices, market status, liquidity, and order details directly with your broker or an authoritative market source before acting.

8. Trading-risk disclosure

Trading securities and derivatives involves substantial risk. You may lose some or all of the capital committed to a transaction. Certain strategies may create losses greater than the amount initially invested.

Options and short-dated instruments — including same-day-expiration contracts — can lose value rapidly. Risks include, without limitation: volatility; liquidity; spreads; slippage; assignment; exercise; expiration; total loss of premium; losses exceeding an initial amount where applicable; and outages or inability to exit a position.

Do not trade money you cannot afford to lose.

9. No guaranteed results

Nothing in the service may be interpreted as a guarantee of profit, accuracy, execution, availability, assured market direction, assured risk reduction, or assured suitability.

Historical, simulated, backtested, illustrative, or hypothetical examples have inherent limitations and are not evidence of future performance.

10. User verification duty

You agree to: perform independent research; verify all output; review broker data; assess your personal risk capacity; assess instrument suitability; confirm market conditions; confirm that an order matches your intent; and maintain appropriate controls and supervision.

11. Account security

You are responsible for safeguarding your credentials, enabling multi-factor authentication where available, protecting authorized devices, monitoring account activity, immediately reporting suspected compromise, not sharing access, and reviewing activity logs.

We reserve the right to suspend accounts for suspected compromise, abuse, or regulatory risk.

12. Acceptable use

You may not use the service: for unlawful purposes; for market manipulation; for insider trading; through abusive automation; by scraping; by reverse engineering; by model extraction; by sharing credentials; by resale; by bypassing technical controls; by denial-of-service behavior; by attempting to discover Mirsad’s proprietary methodology; or in any way that violates broker, exchange, or regulatory rules.

See the Acceptable Use Policy at /legal/acceptable-use for the full list of prohibited conduct.

13. Proprietary rights

Mirsad and its licensors own all rights in the software, models, analysis methods, scoring systems, prompts, interfaces, databases, content, trademarks, trade secrets, and documentation.

Your access grants only a limited, revocable, non-exclusive, non-transferable right to use the service under this agreement. You may not copy, modify, distribute, or create derivative works except as expressly permitted.

14. Service changes and availability

We reserve the right to modify the service, modify models, change features, discontinue functionality, impose limits, suspend access, perform maintenance, and correct outputs.

Unless an explicit service-level agreement exists, we do not guarantee availability or uptime.

15. Third-party services

To the extent legally permitted, we disclaim responsibility for brokers, exchanges, market-data vendors, identity providers, cloud providers, payment providers, external links, third-party outages, and third-party terms.

Mirsad does not control third-party execution or custody. You deal with your broker and other third parties under their own terms.

16. Disclaimer of warranties

To the maximum extent permitted by applicable law, the service is provided “as is” and “as available” without warranties of any kind, including accuracy, completeness, timeliness, merchantability, fitness for a particular purpose, non-infringement, uninterrupted operation, error-free operation, security, or profitability.

Some jurisdictions do not permit certain warranty exclusions, so portions of this section may not apply to every user.

17. Limitation of liability

To the maximum extent permitted by applicable law, the aggregate liability of the service operator arising from or relating to the free private beta will not exceed the greater of: (a) fees paid by you during the twelve months before the event giving rise to the claim, or (b) USD 100.

This limitation covers, without limitation: trading losses; lost profits; lost opportunity; lost data; business interruption; indirect, incidental, consequential, exemplary, or punitive damages; reliance on outputs; data errors; service interruption; and unauthorized account access.

Nothing in this agreement excludes or limits liability that cannot lawfully be excluded or limited under applicable law.

18. Indemnification

To the extent enforceable and permitted by applicable law, you agree to indemnify and defend the operator against claims resulting from: unlawful use; violation of this agreement; infringement; misuse of analysis; user-entered data; violation of market rules; and violation of third-party rights.

This clause is jurisdiction-sensitive and will be reviewed by counsel before commercial launch.

19. Governing law and disputes

This agreement is governed by the laws and regulations of the Kingdom of Saudi Arabia, without regard to conflict-of-laws principles. Before filing a claim, each party will give written notice and allow 30 days for good-faith informal resolution. If the matter is not resolved, the courts of Riyadh, Kingdom of Saudi Arabia, will have exclusive jurisdiction, except where applicable law gives a user a mandatory right to bring a claim in another forum.

These beta terms do not impose mandatory arbitration or a class-action waiver. Any future dispute-program change will require a new version, clear notice, and affirmative re-acceptance.

20. Termination

We may terminate or suspend access for: breach; security risk; non-payment; illegal activity; regulatory concern; excessive load; abuse; or attempts to extract proprietary information.

Provisions that by their nature should survive termination — including warranties, limitations of liability, indemnification, and dispute provisions — survive termination of this agreement.

21. Changes to terms

We will version these terms, record effective dates, provide notice of material changes, and obtain re-acceptance when legally or operationally appropriate. Historical versions are retained and are never silently overwritten.

22. Contact and notices

Legal entity: Mirsad Technologies LLC. Legal address: Riyadh, Kingdom of Saudi Arabia.

Support: [email protected]. Legal and regulatory notices: [email protected]. Privacy requests: [email protected].

Terms of Use — Mirsad AI