Terms · ObviousTrades

Last updated: August 21, 2026

These Terms of Use ("Terms") are the agreement between you and ObviousTrades LLC ("ObviousTrades", "we",
"us") governing your use of the ObviousTrades website, application, alerts, and reports (together,
"the Service"). By creating an account or using the Service you agree to these Terms. If you do
not agree, do not use the Service.

1. INFORMATIONAL USE ONLY. The Service delivers automated market data, sentiment analytics,
portfolio risk metrics, and automated commentary strictly for informational and educational
purposes. Nothing provided by the Service is, or should be construed as, financial, investment,
trading, tax, accounting, or legal advice.

2. NOT A PROFESSIONAL / NO ADVISORY RELATIONSHIP. ObviousTrades LLC is NOT a registered investment
adviser (RIA), broker, broker-dealer, futures commission merchant, commodity trading adviser,
financial planner, or Certified Public Accountant. It is not registered with or licensed by the
U.S. Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority
(FINRA), the Commodity Futures Trading Commission (CFTC), the National Futures Association
(NFA), any state securities or insurance regulator, or any other regulatory body. Use of the
Service does not create any fiduciary, advisory, brokerage, or professional relationship. We do
not hold, custody, or have access to your funds or securities, and we are not a bank, money
transmitter, or payment institution.

3. NOT A RECOMMENDATION. No content, including risk levels, "actions", "watch" items, sentiment
scores, narratives, and alerts, is a recommendation, solicitation, or offer to buy or sell any
security, option, futures contract, or other financial instrument, nor an endorsement of any
strategy. Any "action" language is a hypothetical, generalized illustration, not personalized
advice for your situation. The Service does not know your objectives, risk tolerance, tax
position, or circumstances, and does not take them into account.

4. YOU REQUEST THE ANALYSIS. The Service analyses only the accounts you choose to connect, and
produces analysis at your request. Where you enable scheduled or threshold alerts, you are
asking us in advance to run that analysis on the schedule and conditions you select, and you may
change or switch off alerts at any time in your account settings. We do not send unsolicited
trade suggestions or signals.

5. AUTOMATED CONTENT. Analysis is produced by automated models and algorithms, including
third-party artificial-intelligence services, that can be delayed, incomplete, or incorrect.
Market data may be delayed or inaccurate. Do not rely on the Service as the sole basis for any
decision, and verify anything that matters against your broker and the issuing authority.

6. YOUR RESPONSIBILITY AND RISK. You are solely and fully responsible for your own decisions and
outcomes. Trading and investing involve substantial risk, including total loss of capital.
Options and futures are especially risky and are not suitable for all investors. Spreads and
other multi-leg strategies carry additional risk, and early assignment can occur at any time.
Past performance does not guarantee future results.

7. ELIGIBILITY. You must be at least 18 years old and legally able to enter into this agreement.
The Service is offered from the United States and is intended for United States residents. You
represent that you are a NON-PROFESSIONAL subscriber for market-data purposes, meaning you use
market data solely for your own personal, non-business use and not on behalf of any firm,
and that you are not registered or qualified with the SEC, FINRA, the CFTC, the NFA, any state
securities agency, any securities exchange or association, or any commodities or futures market
or association. If your status changes you must tell us, because different market-data terms and
fees then apply.

8. BROKERAGE CONNECTION AND SNAPTRADE. Where you connect a brokerage account, access is
READ-ONLY. The Service cannot place trades, transfer funds, or change your account. Connection
is provided by SnapTrade, an independent third-party account-aggregation service. We never see
or receive your brokerage username or password.

Connecting a brokerage requires you to separately accept SnapTrade's own End User Terms and
Conditions, which are a contract between you and SnapTrade, not with us, and which are available
at snaptrade.com/terms-and-conditions. We record the fact and time of your acceptance. SnapTrade
disclaims any fiduciary duty to you and does not provide investment advice or brokerage
services. We are not responsible for SnapTrade, for your broker, or for any act or omission of
either. You may disconnect a brokerage at any time.

9. MARKET DATA AND THIRD-PARTY DATA PROVIDERS. Market data shown in the Service is obtained from
third-party providers, including Intrinio and the exchanges and reporting authorities whose data
they redistribute, and from your own broker through SnapTrade. Market data may be delayed and is
not guaranteed to be accurate, complete, timely, or suitable for any purpose.

Data provided by your broker through SnapTrade is licensed to YOU by your broker, and we present
it back to you on that basis. You may use market data and analytics from the Service only for
your own personal use. You may not store, redistribute, resell, republish, license, scrape, or
create a commercial product or data feed from any market data or analytics obtained through the
Service. Data providers are third-party beneficiaries of this section, disclaim all warranties
in respect of their data, and shall have no liability to you for it.

10. ACCEPTABLE USE. You agree not to: access the Service by any automated means except as we
expressly permit; scrape, harvest, or bulk-export data; reverse engineer, decompile, or attempt
to derive our models or source code; resell, sublicense, or provide the Service to any third
party; use the Service to build a competing product; interfere with or place unreasonable load
on our systems; misrepresent your identity or market-data status; or use the Service for any
unlawful purpose or in breach of your broker's or SnapTrade's terms. You are responsible for
keeping your credentials secure and for all activity under your account.

11. SUBSCRIPTIONS, BILLING, AND CANCELLATION. Paid plans, where offered, are billed in advance
through our payment processor on the interval shown at checkout, and renew automatically until
cancelled. You may cancel at any time, which stops future billing and moves your account to the
free plan at the end of the paid period. Except where required by law, fees already paid are
non-refundable. We may change prices on notice, effective at your next renewal. We do not
receive payment for order flow, referral fees, or revenue sharing from any broker or issuer, and
our pricing never depends on your assets, your performance, or your trading activity.

12. INTELLECTUAL PROPERTY. The Service, including its software, analytics, models, risk
methodology, design, text, graphics, logos, and the ObviousTrades name and mark, is the property of
ObviousTrades LLC and is protected by copyright, trademark, and other intellectual-property laws. You may
not copy, scrape, redistribute, resell, frame, reverse engineer, or create derivative works from
any part of the Service without prior written permission. Reports and analytics generated for
your account are licensed to you for personal, non-commercial use only. Third-party names and
marks, including those of SnapTrade, Intrinio, and any broker, belong to their owners and their
appearance in the Service does not imply any endorsement, sponsorship, or affiliation.

13. NO WARRANTY. The Service is provided "AS IS" and "AS AVAILABLE" without warranties of any
kind, express or implied, including any warranty of merchantability, fitness for a particular
purpose, accuracy, or non-infringement. We do not warrant that the Service will be uninterrupted,
timely, secure, or error-free, or that any analysis will be accurate or complete.

14. LIMITATION OF LIABILITY. To the maximum extent permitted by law, ObviousTrades LLC and its members,
officers, and operators shall not be liable for any indirect, incidental, special,
consequential, exemplary, or punitive damages, or for any lost profits, lost trading gains,
trading losses, or loss of data, arising from or relating to the Service, whether in contract,
tort, or otherwise, even if advised of the possibility. To the maximum extent permitted by law,
our total aggregate liability for all claims relating to the Service shall not exceed the
greater of one hundred United States dollars or the total fees you paid us in the twelve months
before the event giving rise to the claim. Some jurisdictions do not allow certain exclusions,
so parts of this section may not apply to you.

15. INDEMNITY. You agree to indemnify and hold harmless ObviousTrades LLC and its members, officers, and
operators from any claim, loss, liability, or expense, including reasonable legal fees, arising
from your use of the Service, your breach of these Terms, your breach of any third-party terms
including those of SnapTrade or your broker, or your violation of any law or the rights of
another.

16. TERMINATION. You may stop using the Service and close your account at any time. We may
suspend or terminate your access at any time if you breach these Terms, if required by a data
provider, broker, or regulator, or if we discontinue the Service. On termination your right to
use the Service ends immediately. Sections 9 through 15 and 17 survive termination.

17. GOVERNING LAW AND DISPUTES. ObviousTrades LLC is a limited liability company organized under the
laws of the State of Idaho. These Terms are governed by the laws of the State of Idaho, without
regard to its conflict-of-laws rules. You and we agree that any dispute will be brought
exclusively in the state or federal courts located in Idaho, and each party consents to the
personal jurisdiction of those courts. Nothing in this section limits any right you have to
bring a complaint to a regulator.

18. CHANGES. We may change the Service or these Terms. Material changes to these Terms will be
posted here with an updated date and, where the change is significant, notified to you. Your
continued use after a change takes effect means you accept it.

19. ELECTRONIC COMMUNICATIONS. You consent to receive account, security, billing, and service
communications from us electronically, by email or in the application. Marketing email, where
offered, can be unsubscribed from separately without affecting your account.

20. CONSULT A PROFESSIONAL. Before making any financial decision, consult your own licensed
financial adviser, broker, tax professional, and/or attorney.

21. CONTACT. Questions about these Terms: support@obvioustrades.com, or the contact form at
obvioustrades.com/contact.

By using ObviousTrades you acknowledge that you have read, understood, and agree to these Terms.