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Terms of Service · v1.0· Published 7/11/2026

TRADARA TERMINAL LLC — SUBSCRIBER TERMS AND CONDITIONS

Effective Date: Upon account creation or first use of the Service, whichever occurs first. Last Updated: March 2026

Tradara Terminal LLC | 273 Ponce de León Ave, Suite 901, San Juan, PR 00917 | legal@tradara.com

IMPORTANT NOTICE: THESE TERMS CONTAIN A BINDING ARBITRATION PROVISION AND CLASS ACTION WAIVER. BY USING THE SERVICE, YOU AGREE TO RESOLVE ALL DISPUTES THROUGH INDIVIDUAL ARBITRATION RATHER THAN IN COURT OR THROUGH CLASS PROCEEDINGS. PLEASE READ SECTION 13 CAREFULLY.

1. ACCEPTANCE AND SCOPE

These Subscriber Terms and Conditions ("Agreement") govern your access to and use of the Tradara Terminal platform and any associated software, data feeds, analytics tools, APIs, mobile interfaces, and ancillary services (collectively, the "Service") provided by Tradara Terminal LLC, a Puerto Rico limited liability company ("Tradara," "we," "us," or "our").

By registering for an account, clicking "I Agree," or otherwise accessing or using the Service, you ("Subscriber" or "you") acknowledge that you have read, understood, and agree to be legally bound by this Agreement in its entirety. If you are accepting this Agreement on behalf of a company or other legal entity, you represent that you have the authority to bind that entity, and references to "you" shall mean that entity.

If you do not agree to these terms, you must immediately cease all use of the Service.

2. DEFINITIONS

  • "Service" means the Tradara Terminal platform, including all software, data, analytics, charting tools, market data integrations, APIs, and related features made available by Tradara.

  • "Market Data" means real-time, delayed, or historical price quotes, trade data, order book information, and related content sourced from exchanges, data vendors, or other third-party providers.

  • "Derived Data" means any output, display value, or analytical result produced by Tradara's proprietary processing engines that is derived from, but is not identical to, raw Market Data received from Data Providers.

  • "Data Providers" means the exchanges, data vendors, and other third parties whose content is made available through the Service, including but not limited to CME Group and any market data sublicensors.

  • "Tradara Technology" means all proprietary software, algorithms, analytical engines, interfaces, and documentation owned by or licensed to Tradara.

  • "Subscriber Content" means any data, configurations, custom indicators, notes, scripts, strategy logic, or other material you upload to or create within the Service.

  • "Published Content" means any Subscriber Content you elect to share, publish, or make visible to other users through any community, social, or publishing feature of the Service.

  • "Fees" means all subscription charges, exchange fees, and other amounts payable under this Agreement.

  • "Order" means your selected subscription plan, as confirmed at checkout or in a separate order form.

3. THE SERVICE

3.1 License Grant

Subject to your compliance with this Agreement and timely payment of all Fees, Tradara grants you a limited, non-exclusive, non-transferable, revocable license to access and use the Service solely for your own internal business or personal purposes during the term of your subscription. This license does not include any right to sublicense, resell, or distribute the Service or any component thereof.

3.2 Permitted Use

The Service is licensed for display-only, human-directed use. You may use the Service to view, analyze, and make decisions regarding futures markets and other financial instruments. Unless Tradara has granted written authorization in a separate agreement, you may not:

  • Use any Market Data, Derived Data, charts, alerts, or other Service outputs as inputs to any automated trading system, algorithmic order generation, smart order routing, risk management program, or any machine-driven process that does not require direct, real-time human review;

  • Redistribute, retransmit, sublicense, sell, or otherwise make available any Market Data or Service outputs to any third party;

  • Create or offer any product, service, or index that incorporates or is derived from Service content without a separate written data license from Tradara and the applicable Data Providers;

  • Scrape, frame, mirror, or systematically extract content from the Service by automated means;

  • Develop, offer, or operate any third-party tool or service that enables or facilitates prohibited non-display use of Service content, regardless of whether that tool directly accesses the Service.

3.3 Service Modifications

Tradara reserves the right to modify, supplement, suspend, or discontinue any feature or component of the Service at any time, with or without notice. Tradara will use commercially reasonable efforts to provide advance notice of material changes where practicable.

3.4 Beta Features

Certain features may be designated "Beta" or "Preview." These features are provided on an experimental, as-is basis, may be especially prone to instability or inaccuracy, and may be modified or removed without notice. Use of Beta features is at your sole risk, and Tradara disclaims all liability arising from your reliance on them.

4. DERIVED DATA AND REVERSE-ENGINEERING PROHIBITION

4.1 Nature of Derived Data

Certain data displayed within the Service is produced by Tradara's proprietary derivation and processing engines. These engines apply multi-factor transformations to raw Market Data — incorporating variables such as trading volume, proprietary weighting algorithms, and other computational inputs — to produce the display values presented to Subscribers. The resulting Derived Data is a proprietary output of Tradara's technology and constitutes a distinct work from the underlying raw Market Data.

Derived Data is provided solely for display and human-directed analytical use. At no point does any Subscriber receive access to raw, untransformed Market Data as sourced from a Data Provider's feed, nor is Derived Data intended to serve as a proxy, substitute, or functional equivalent of a real-time direct exchange data feed.

4.2 Reverse-Engineering Prohibition

You agree that you will not, directly or indirectly:

  • Attempt to reconstruct, reverse-engineer, decompile, or derive the underlying raw Market Data or proprietary algorithmic logic from any Derived Data or Service output;

  • Use statistical, computational, or machine learning methods to approximate, infer, or reproduce the transformation methodology applied by Tradara's processing engines;

  • Use Derived Data as a reference price, benchmark, or calculation input in any financial instrument, index, fund, or derivative product;

  • Represent that any output of the Service constitutes exchange-direct or unmodified Market Data.

4.3 Third-Party Tools

Tradara expressly prohibits any third party from creating, marketing, or operating a product or service that: (a) claims compatibility with Tradara features (such as webhooks or APIs) for purposes that violate this Agreement; or (b) facilitates Subscriber conduct that would itself violate this Agreement. The obligations in this Section apply equally to direct Subscribers and to third-party service providers who interact with Service outputs, regardless of whether such providers directly access the Service.

5. REGISTRATION AND ACCOUNT SECURITY

5.1 Account Requirements

To access the Service, you must register and create an account. You agree to provide accurate, current, and complete information during registration and to keep such information up to date. Tradara may suspend or terminate your account if you provide false or misleading information.

5.2 Credentials and Security

You are solely responsible for maintaining the confidentiality of your login credentials. You must not share your username, password, or account access with any other person or entity. Tradara reserves the right to enforce single-user access and to terminate accounts found to be shared. You agree to notify Tradara immediately at legal@tradara.com upon discovering any unauthorized access to your account.

5.3 Account Activity

You are responsible for all activity that occurs under your account, whether or not authorized by you. Tradara is not liable for any loss or damage arising from unauthorized use of your account resulting from your failure to safeguard your credentials.

6. MARKET DATA AND DATA PROVIDER TERMS

6.1 Third-Party Data

The Service incorporates Market Data sourced from one or more Data Providers, including exchanges such as CME Group and their affiliates. Your access to and use of such Market Data is subject to the applicable Data Provider agreements, which are incorporated into this Agreement by reference. By using the Service, you agree to be bound by those agreements as if you had executed them directly.

6.2 Professional vs. Non-Professional Status

Certain Market Data feeds are priced differently depending on whether you qualify as a "Non-Professional" or "Professional" subscriber under applicable exchange rules. By selecting Non-Professional status, you represent and certify each of the following:

  • You are a natural person, not a corporation, partnership, trust, or other legal entity. Your subscription is paid with personal funds, not business or institutional capital;

  • You use the Service and any Market Data solely for personal purposes and not on behalf of any business, employer, or third party;

  • You are not registered or qualified with the SEC, CFTC, NFA, or any equivalent securities, commodities, or futures regulatory authority in any jurisdiction;

  • You are not registered with any securities exchange, association, or self-regulatory organization;

  • You do not perform functions that are substantially similar to those requiring registration with any of the bodies identified above;

  • You are not acting as an investment adviser (as defined under the Investment Advisers Act of 1940) or as an asset manager providing advice or services to any third party;

  • You are not subscribing to the Service in your capacity as a principal, officer, partner, director, employee, or agent of any business or financial entity;

  • You trade using only your own capital and have not entered into any profit-sharing, compensation, or fee arrangement related to your trading activity;

  • You do not receive office space, equipment, infrastructure, or other benefits from any business in exchange for your trading activity or financial consulting services;

  • You do not manage funds, accounts, or positions on behalf of any other individual or entity.

If Tradara or a Data Provider determines — based on your account profile, payment method, email domain, employer, regulatory filings, or any other indicator — that your actual status qualifies as Professional, you will be liable for the difference in applicable subscription and exchange fees, retroactive to the date of first access. Tradara reserves the right to reclassify your account and charge accordingly.

6.3 Data Accuracy

Market Data and other information provided through the Service is sourced from third parties and is provided for informational and analytical purposes only. Tradara cannot and does not guarantee the accuracy, completeness, timeliness, or sequencing of any Market Data. Data feeds may differ across features of the Service due to the use of multiple providers. You are solely responsible for verifying any information before acting on it.

6.4 Audit Rights

Data Providers may require Tradara to audit subscriber usage of Market Data. You agree to cooperate with any such audit, to maintain accurate records regarding your use of Market Data, and to provide such records upon request.

7. FEES, BILLING, AND CANCELLATION

7.1 Subscription Fees

You agree to pay all Fees set forth in your Order. Fees are charged in U.S. dollars, payable in advance on a monthly or annual basis as selected at checkout. Tradara reserves the right to adjust its pricing with at least thirty (30) days' prior written notice. Any price change will take effect at the next renewal date following notice.

7.2 Exchange Fees

If you are classified as a Professional subscriber or elect optional market data packages, additional exchange fees set by the relevant Data Provider may apply. These fees are passed through to you at cost plus a reasonable service margin and are billed separately or via your Tradara account.

7.3 Automatic Renewal and Payment Authorization

Subscriptions renew automatically at the end of each billing period unless cancelled. By subscribing, you authorize Tradara to charge your payment method on file for all recurring Fees. If a payment attempt fails, Tradara may retry the charge one or more times. It is your responsibility to ensure a valid payment method is on file at all times.

7.4 Cancellation

You may cancel your subscription at any time through your account settings. Cancellation takes effect at the end of the then-current billing period; you will retain access to the Service through that date. Cancellation by email or informal communication is not effective — you must use the in-platform cancellation tool.

7.5 Refund Policy

All payments are non-refundable, except that annual subscriptions may be eligible for a prorated refund if a written refund request is submitted within fourteen (14) calendar days of the applicable payment date. Monthly subscription fees are not refundable under any circumstances. Tradara may, in its discretion, offer credits or exceptions to this policy on a case-by-case basis. Subscribers who initiate chargebacks or payment disputes forfeit any refund eligibility.

7.6 Mobile and App Store Subscriptions

If you subscribe to the Service through a third-party mobile application marketplace, the following additional terms apply:

(a) Apple App Store. Subscriptions purchased through the Apple App Store are processed by Apple in accordance with Apple's Payment Terms and App Store Review Guidelines. Payment is charged to your Apple ID at confirmation of purchase. Subscriptions renew automatically unless cancelled at least 24 hours before the end of the current period through your Apple ID account settings. Tradara is not responsible for billing disputes arising from App Store purchases; refund requests must be directed to Apple in accordance with its applicable policies. Trial periods, if offered, may only be used once per Apple ID.

(b) Google Play. Subscriptions purchased through the Google Play Store are processed by Google in accordance with Google Play's Terms of Service and payment policies. Renewal cancellation must be made at least 24 hours before the end of the current billing period through your Google Play account settings. Tradara is not responsible for the actions or omissions of Google as a payment processor. Refunds for Google Play purchases are subject to Google's refund policy.

(c) Pricing. Subscription pricing offered through mobile application marketplaces may differ from pricing available on Tradara's web platform. Mobile marketplace purchases support monthly and annual billing cycles only. Tradara account credits, referral rewards, and promotional discounts cannot be applied toward purchases made through mobile app stores.

(d) No Double Entitlement. Purchasing a subscription through one channel does not entitle you to the same subscription at no additional cost through another channel.

8. INTELLECTUAL PROPERTY

8.1 Tradara Ownership

All right, title, and interest in and to the Tradara Technology, the Service (excluding third-party content), Derived Data, and any derivative works, improvements, or enhancements thereof are owned exclusively by Tradara or its licensors. Nothing in this Agreement transfers any intellectual property rights to you. You agree not to reverse engineer, decompile, disassemble, copy, or create derivative works from any portion of the Tradara Technology.

8.2 Data Provider Ownership

All Market Data remains the proprietary property of the applicable Data Providers. Your access to Market Data does not confer any ownership rights. You agree not to alter, obscure, or remove any proprietary notices embedded in Market Data or Service outputs.

8.3 Subscriber Content

You retain ownership of any Subscriber Content you upload or create. By using the Service, you grant Tradara a non-exclusive, worldwide, royalty-free license to use, store, and process your Subscriber Content to the extent necessary to provide and improve the Service.

8.4 Feedback

If you submit feedback, feature requests, or suggestions regarding the Service ("Feedback"), you acknowledge that such Feedback is not confidential and you assign to Tradara all right, title, and interest in that Feedback. Tradara may use Feedback for any purpose without restriction, attribution, or compensation to you.

8.5 Aggregate and Anonymized Data

Tradara may collect, aggregate, and anonymize data derived from your use of the Service for product improvement, research, and business purposes. Such aggregated, non-identifiable data is the exclusive property of Tradara.

9. PUBLISHED CONTENT AND COMMUNITY FEATURES

9.1 Publishing

Where the Service offers features that allow you to publish, share, or otherwise make Subscriber Content visible to other users ("Community Features"), you may elect to publish strategies, analyses, indicators, chart layouts, or commentary as Published Content. By publishing, you grant Tradara a worldwide, irrevocable, perpetual, royalty-free license to host, display, and make your Published Content available to other users of the Service in accordance with the visibility settings you select.

9.2 Permanence of Published Content

Once Subscriber Content has been published and made visible to other users, it forms part of the shared analytical record of the platform. To preserve the integrity and historical continuity of that record, Tradara may, at its discretion, retain Published Content on the platform even after your subscription ends or you request deletion of your account. This policy prevents selective removal of content and maintains an honest, complete record for all users. You acknowledge and accept this limitation before publishing any content.

If you wish to correct or update Published Content, you may do so by editing through the applicable platform tools, subject to Tradara's then-current editing policies.

9.3 Content Standards

All Published Content must comply with applicable law and Tradara's Community Guidelines (published separately and incorporated herein by reference). You represent and warrant that your Published Content does not: (a) infringe any third-party intellectual property right; (b) contain false, misleading, or fraudulent information; (c) constitute investment advice or a securities recommendation in violation of applicable law; or (d) violate any applicable exchange or regulatory rule governing the use or redistribution of Market Data.

9.4 Tradara's Rights Over Published Content

Tradara reserves the right to remove, modify, or restrict access to Published Content that violates this Agreement or Tradara's Community Guidelines, at any time and without prior notice. Removal of Published Content for policy violations does not entitle you to a refund of any Fees paid.

9.5 No Endorsement

Tradara does not endorse, verify, or guarantee the accuracy of any Published Content created by Subscribers. Other users rely on Published Content at their own risk. Tradara is not liable for any loss or damage arising from a Subscriber's reliance on Published Content created by another user.

10. NOT INVESTMENT ADVICE; BACKTESTING AND HYPOTHETICAL PERFORMANCE

10.1 Informational Purposes Only

The Service, Market Data, Derived Data, analytical tools, and any output generated by the Service are provided for informational and educational purposes only. Nothing on or through the Service constitutes investment advice, a solicitation to buy or sell any financial instrument, or a recommendation of any specific trading strategy. All trading and investment decisions are yours alone, and you bear sole responsibility for the outcomes of those decisions. Before making any investment or trading decision, you should consult a qualified financial professional familiar with your individual circumstances. Futures trading involves substantial risk of loss and is not suitable for all investors.

10.2 Backtesting and Strategy Simulation

Where the Service includes backtesting, strategy simulation, or historical performance analysis tools ("Backtesting Tools"), the following terms apply:

(a) Idealized Conditions. Backtesting Tools calculate how a defined strategy might have performed against historical Market Data under theoretical conditions. These results assume, among other things: perfect order execution at the precise price indicated; unlimited and instantaneous liquidity at all times; no bid/ask spread costs; zero or minimal brokerage commissions; and no partial fills, order rejections, or latency. None of these assumptions reliably hold in live markets.

(b) Hindsight Bias. Historical data used in backtesting is, by definition, complete and known in advance. Strategies that appear profitable when applied to historical data may incorporate hindsight bias — optimizing for outcomes that were knowable only after the fact — and may perform materially differently when applied in real-time.

(c) No Predictive Value. Backtesting results do not constitute a forecast, projection, or prediction of future performance for any strategy, instrument, or market condition. Past simulated results are not indicative of future actual results. No representation is made that any account will or is likely to achieve profits or losses similar to those reflected in any Backtesting Tool output.

(d) Data Dependency. Backtesting results are only as reliable as the underlying historical Market Data. Tradara does not guarantee the accuracy or completeness of historical data used in Backtesting Tools, and errors or gaps in that data will directly affect simulation outputs.

(e) As-Is Basis. Backtesting Tools are provided on an as-is basis without warranty of any kind. Tradara is not responsible for any trading or investment decision made in reliance on Backtesting Tool output.

10.3 Acknowledgment

You represent that you understand the limitations described in this Section and that you will not make any trading or investment decision based solely on Service outputs or Backtesting Tool results without conducting your own independent due diligence using multiple sources of information and analysis.

11. DISCLAIMERS AND WARRANTIES

THE SERVICE, MARKET DATA, DERIVED DATA, TRADARA TECHNOLOGY, AND ALL OTHER CONTENT OR FEATURES MADE AVAILABLE THROUGH THE SERVICE ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT WARRANTY OF ANY KIND. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, TRADARA AND ITS DATA PROVIDERS EXPRESSLY DISCLAIM ALL WARRANTIES, EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, COMPLETENESS, TIMELINESS, NON-INFRINGEMENT, AND QUIET ENJOYMENT.

TRADARA DOES NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, OR FREE FROM HARMFUL COMPONENTS, OR THAT DEFECTS WILL BE CORRECTED. YOU ASSUME ALL RISK ASSOCIATED WITH YOUR USE OF THE SERVICE AND ANY DECISIONS MADE IN RELIANCE THEREON.

ALERT FEATURES, AUTOMATED NOTIFICATIONS, AND SIMILAR TOOLS ARE PROVIDED AS-IS AND WITHOUT GUARANTEE OF DELIVERY OR TIMELINESS. TRADARA IS NOT RESPONSIBLE FOR ANY LOSSES RESULTING FROM A FAILURE OF ALERT OR NOTIFICATION FUNCTIONALITY, REGARDLESS OF CAUSE, INCLUDING CELLULAR NETWORK FAILURES, THIRD-PARTY EMAIL SERVICE OUTAGES, SYSTEM MALFUNCTIONS, OR TECHNICAL ERRORS.

TRADARA SPECIFICALLY DISCLAIMS ALL WARRANTIES WITH RESPECT TO ANY THIRD-PARTY SERVICES, SOFTWARE, OR DATA INTEGRATED WITH OR ACCESSIBLE THROUGH THE SERVICE. NO WARRANTY MADE BY ANY THIRD-PARTY PROVIDER TO TRADARA SHALL BE PASSED THROUGH TO YOU, AND YOU SHALL NOT CLAIM TO BE A THIRD-PARTY BENEFICIARY OF ANY SUCH WARRANTY.

12. LIMITATION OF LIABILITY

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW:

(a) NEITHER TRADARA NOR ANY DATA PROVIDER SHALL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO LOST PROFITS, LOST REVENUE, LOSS OF DATA, BUSINESS INTERRUPTION, OR COST OF SUBSTITUTE SERVICES, EVEN IF TRADARA HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

(b) TRADARA'S TOTAL CUMULATIVE LIABILITY TO YOU FOR ANY AND ALL CLAIMS ARISING UNDER OR RELATED TO THIS AGREEMENT, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE, SHALL NOT EXCEED THE LESSER OF: (I) THE AGGREGATE FEES ACTUALLY PAID BY YOU TO TRADARA IN THE THREE (3) CALENDAR MONTHS IMMEDIATELY PRECEDING THE CLAIM; OR (II) TWO HUNDRED FIFTY U.S. DOLLARS ($250.00).

(c) DATA PROVIDERS HAVE NO LIABILITY WHATSOEVER TO YOU FOR ANY CLAIMS ARISING FROM THE ACCURACY, COMPLETENESS, OR DELIVERY OF MARKET DATA.

These limitations reflect a reasonable allocation of risk and are a fundamental element of the basis of the bargain between you and Tradara. Some jurisdictions do not allow the exclusion of certain warranties or limitation of certain damages; in those jurisdictions, Tradara's liability is limited to the maximum extent permitted by law.

13. DISPUTE RESOLUTION AND ARBITRATION

13.1 Informal Resolution

Before initiating any formal dispute proceeding, you agree to first contact Tradara at legal@tradara.com with a written description of your claim and desired resolution. The parties will attempt to resolve the dispute informally within thirty (30) days of notice.

13.2 Binding Arbitration

If informal resolution fails, any dispute, claim, or controversy arising out of or relating to this Agreement, the Service, or your relationship with Tradara ("Dispute") shall be resolved exclusively by final, binding individual arbitration administered by the American Arbitration Association ("AAA") under its Commercial Arbitration Rules, as modified herein. The arbitration shall be conducted by a single neutral arbitrator. The seat of arbitration shall be San Juan, Puerto Rico, and the arbitration shall be conducted in English.

13.3 Class Action Waiver

YOU AND TRADARA EACH AGREE THAT ALL DISPUTES MUST BE BROUGHT ON AN INDIVIDUAL BASIS ONLY AND NOT AS PART OF OR ON BEHALF OF ANY PURPORTED CLASS, COLLECTIVE, OR REPRESENTATIVE PROCEEDING. THE ARBITRATOR HAS NO AUTHORITY TO CONSOLIDATE CLAIMS OR PRESIDE OVER ANY CLASS OR REPRESENTATIVE PROCEEDING.

13.4 Exceptions

Notwithstanding Section 13.2, either party may seek provisional injunctive or equitable relief from a court of competent jurisdiction to prevent imminent harm or protect intellectual property rights pending arbitration.

13.5 Time Limitation

Any claim must be initiated within one (1) year of the date the claiming party knew or reasonably should have known of the facts giving rise to the claim, or it is forever barred.

13.6 Governing Law

This Agreement is governed by the laws of the Commonwealth of Puerto Rico and applicable federal law, without regard to conflict-of-law principles.

14. INDEMNIFICATION

You agree to defend, indemnify, and hold harmless Tradara, its affiliates, officers, directors, employees, agents, licensors, and Data Providers from and against any claims, liabilities, damages, judgments, settlements, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or related to: (a) your use of the Service in violation of this Agreement; (b) your violation of any applicable law or regulation; (c) your infringement of any third-party right; (d) any inaccurate representation made by you regarding your Professional or Non-Professional status; or (e) any Published Content you make available through the Service.

15. REFERRAL AND AFFILIATE PROGRAMS

15.1 Referral Program

Tradara may offer a referral program under which eligible Subscribers earn account credits by referring new paying subscribers. When a referral program is active, the following terms apply:

(a) Eligibility. To earn referral credits, both you (the referrer) and the person you refer (the referee) must meet all eligibility requirements posted on Tradara's referral program page at the time of referral. Referees must be new Tradara users with no prior account, must register using your unique referral link, and must complete a qualifying paid subscription during the applicable tracking window.

(b) Credits. Referral credits are applied to your Tradara account and may be used solely toward future Tradara web subscription purchases. Credits have no cash value, are non-transferable, and may not be used for exchange fees, mobile app store purchases, or any purchase outside the Tradara web platform. Credits expire twenty-four (24) months after issuance unless otherwise stated.

(c) Prohibited Conduct. When sharing your referral link, you may not: send unsolicited bulk communications or spam; use or misappropriate Tradara's trademarks, logos, or brand assets in any manner not expressly authorized; register domain names, social media handles, or application names incorporating "Tradara" or any confusingly similar term; purchase paid search keywords incorporating Tradara's trademarks; use automated systems or bots to distribute your referral link; or make false, misleading, or deceptive representations about Tradara or the referral program.

(d) Clawback. If a referee initiates a chargeback, payment dispute, or refund claim, any referral credit issued in connection with that referee's subscription will be cancelled and reversed from your account.

(e) Program Changes. Tradara reserves the right to modify, suspend, or terminate the referral program at any time, with or without notice, including the right to adjust credit amounts, eligibility requirements, and expiration periods. Tradara may disqualify any participant suspected of fraud, manipulation, or abuse.

15.2 Affiliate Program

Tradara may separately offer an affiliate program through which approved affiliates earn commission on subscriber sign-ups generated through their designated affiliate links. Participation in any affiliate program is subject to a separate affiliate agreement executed by Tradara. In the absence of such an agreement, no affiliate relationship exists and no commission is owed. All affiliate advertising and promotional materials must clearly identify the affiliate as an independent party and not as a representative or agent of Tradara. Unauthorized use of Tradara's name, brand, or intellectual property in affiliate promotions is prohibited.

16. TERM AND TERMINATION

16.1 Term

This Agreement commences on the date you accept it and continues for the duration of your active subscription, subject to automatic renewal as described in Section 7.

16.2 Termination by You

You may terminate this Agreement by cancelling your subscription in accordance with Section 7.4. Termination does not entitle you to a refund except as provided in Section 7.5.

16.3 Termination by Tradara

Tradara may suspend or terminate your access to the Service immediately, without prior notice or refund, if: (a) you breach any provision of this Agreement; (b) Tradara is required to do so by law or at the direction of a regulatory authority; (c) there is suspected fraudulent, abusive, or illegal activity on your account; or (d) a Data Provider requires restriction or termination of your access.

16.4 Effect of Termination

Upon termination for any reason: (a) your license to use the Service immediately terminates; (b) you must cease all use of the Service and Tradara Technology; (c) all outstanding Fees become immediately due and payable; and (d) Tradara may delete your account and associated data in accordance with its Privacy Policy. Notwithstanding the foregoing, Published Content may be retained on the platform in accordance with Section 9.2. Sections 4, 6, 8, 9, 10, 11, 12, 13, 14, and 16.4 survive termination.

17. GENERAL PROVISIONS

17.1 Entire Agreement

This Agreement, together with any Order, the Privacy Policy, the Community Guidelines, and any applicable Data Provider terms incorporated herein, constitutes the entire agreement between you and Tradara with respect to its subject matter and supersedes all prior representations, negotiations, or agreements.

17.2 Amendments

Tradara reserves the right to modify this Agreement at any time. Material changes will be communicated via email or a prominent notice within the Service at least fourteen (14) days before taking effect. Your continued use of the Service following the effective date of any modification constitutes acceptance of the revised terms. If you do not agree to the modifications, you must cancel your subscription before the effective date.

17.3 Assignment

You may not assign or transfer this Agreement or any of your rights or obligations hereunder without Tradara's prior written consent. Tradara may assign this Agreement in connection with a merger, acquisition, corporate restructuring, or sale of substantially all of its assets, without your consent. Any purported assignment in violation of this section is void.

17.4 No Waiver

Tradara's failure to enforce any provision of this Agreement on any occasion shall not constitute a waiver of that provision or Tradara's right to enforce it in the future.

17.5 Severability

If any provision of this Agreement is found to be invalid, illegal, or unenforceable, that provision shall be modified to the minimum extent necessary to make it enforceable, and all remaining provisions shall continue in full force and effect.

17.6 Force Majeure

Neither party shall be in breach of this Agreement or liable for any delay or failure to perform its obligations (other than payment obligations) to the extent caused by circumstances beyond that party's reasonable control, including acts of God, natural disasters, war, terrorism, government actions, cyberattacks, utility failures, labor disputes, or failures of third-party telecommunications providers. The affected party shall notify the other party as promptly as practicable and use commercially reasonable efforts to resume performance.

17.7 No Agency

Nothing in this Agreement creates a partnership, joint venture, agency, franchise, or employment relationship between you and Tradara. Neither party has authority to act on behalf of, or to bind, the other party.

17.8 Notices

Legal notices to Tradara must be sent by written correspondence to:

Tradara Terminal LLC Attn: Legal 273 Ponce de León Ave, Suite 901 San Juan, PR 00917 Email: legal@tradara.com

Notices to you will be sent to the email address associated with your account. It is your responsibility to ensure your contact information is current.

17.9 Compliance with Laws

You agree to use the Service only in compliance with all applicable laws, rules, and regulations, including those governing securities and futures trading, market data usage, data privacy, and export controls.

Tradara Terminal LLC reserves all rights not expressly granted herein. Use of the Service constitutes acceptance of these Terms and Conditions.

© 2026 Tradara Terminal LLC. All rights reserved.