Ikaay Capital
Ikaay Capital
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Terms of Service

Status: Human-voice rewrite, pending counsel review. Document version: 2026.05.01 Last updated: 2026-05-01 Effective date: 2026-05-01 Governing law: Singapore Operator: Ikaay Capital Pte Ltd, a private company limited by shares incorporated in Singapore (UEN: [redacted-pending-incorporation])

What this means in plain English: These are the ground rules for using Ikaay Capital. We are a publisher of trading signals and analytics — not your broker, not your adviser, not your fund manager. You decide what to trade and you take responsibility for your trades. If you want fund-managed money, look elsewhere. If you break the rules, we can suspend your account.

These Terms of Service ("Terms") govern your use of the Ikaay Capital Quantum Engine and any associated websites, mobile apps, APIs, and email or messaging communications (together, the "Service") operated by Ikaay Capital Pte Ltd ("Ikaay Capital", "we", "us", "our"). By creating an account, accessing the Service, or paying for any subscription, you agree to these Terms.

If you do not agree to these Terms, do not use the Service.

1. The Service

1.1. The Service publishes algorithmic trading signals, market scans, factor and risk analytics, watchlists, paper-trading workspaces, and educational content. We are a publisher of financial information. We are not an investment adviser, broker-dealer, or financial planner. We do not hold any client funds. We do not place orders on your behalf.

1.2. When the Service uses the words "signal", "Grade A", "advisory", "scan", or "opportunity", these are descriptions of model output, not personalised recommendations. The Service does not know your circumstances, objectives, tax position, jurisdiction-specific obligations, or risk tolerance. It cannot give you advice tailored to those facts, and it does not try to.

1.3. We deliver the Service through subscription tiers. Tier features and prices are described in the Subscriber Agreement (subscriber_agreement.md) and on our pricing page. Tier features change from time to time and we will give reasonable notice of material changes.

2. Eligibility

2.1. You must be at least 18 years old (or the age of majority where you live, whichever is older) to use the Service. By creating an account you confirm that you are.

2.2. You must be allowed to receive the Service in the country where you live. You are responsible for checking. We may decline service in any country, and we do not knowingly serve users in countries subject to comprehensive sanctions imposed by the United Nations, the United States, the European Union, the United Kingdom, or Singapore.

2.3. You may not use the Service if a regulator has barred you from receiving research or signal services, or if your use would breach a court or arbitral order.

3. Your account

3.1. You are responsible for keeping your account credentials secret and for everything done through your account. Email security@ikaaycapital.com without delay if you think your account has been used by someone else.

3.2. One person, one account. Sharing accounts breaches these Terms. If we detect sharing, we may terminate the account without a refund.

3.3. We may verify your identity, country of residence, or billing details. If you refuse a reasonable verification request, we may suspend the account.

4. What you may not do

4.1. You may not, and may not allow anyone else to:

4.2. We monitor usage for these patterns. Where we believe a user is breaching this section, we may suspend access, revoke API keys, and notify any party we are required to notify under the law.

5. Limited licence to use signals personally

5.1. As long as your subscription is current and you are following these Terms, we grant you a non-exclusive, non-transferable, non-sublicensable, revocable licence to access the Service for your own personal trading and education.

5.2. "Personal" means you, the individual who pays for the subscription. It does not mean a fund, an investment club, a paid newsletter, a Discord channel, or a copy-trade leaderboard where others follow your trades on the back of our signals.

5.3. If you want to use signals at a firm, in a hedge fund, in a managed-account business, in a research note you publish for clients, or in any product you charge other people for, you need a separate written licence from us. Email partnerships@ikaaycapital.com.

5.4. You may screenshot a signal for a private chat with a friend. You may not run a paid Telegram or Discord that pipes our signals. The dividing line is whether other people are paying you, directly or indirectly, for our output.

6. Intellectual property

6.1. The Service, including all software, models, equations, signals, scorecards, designs, copy, and trademarks, is owned by Ikaay Capital or licensed to us. Nothing in these Terms transfers any of those rights to you. The licence in section 5 is the only right you get.

6.2. If you submit feedback or suggestions, you grant us a perpetual, royalty-free, worldwide, sublicensable licence to use that feedback to improve the Service. You are not entitled to compensation for feedback.

6.3. The Service does not host user-generated investment content for redistribution. If we ever introduce a community board or public-publishing feature, the IP terms for it will be added to these Terms by amendment.

7. Third-party data and services

7.1. The Service uses market data and infrastructure from third parties, including Interactive Brokers, Yahoo Finance, exchange feeds, Stripe (for billing), AWS (for hosting), and others. These third parties have their own terms.

7.2. We do not guarantee that third-party data is accurate, complete, current, or free from interruption. Real-time data may be delayed, refreshed late, or unavailable. Historical data may carry survivorship bias, splits/dividends adjustment errors, or wide-bid-ask anomalies. You acknowledge that the Service depends on third-party data and that we cannot make a third party deliver clean data.

7.3. When we surface the source of a price (delayed, real-time, end-of-day), we mark it on the page. Where we cannot mark it, do not assume real-time.

8. Trial periods and pricing

8.1. We may offer free trials. Trial conditions (length, eligibility, what features are open) are stated at sign-up.

8.2. We may change subscription pricing. Existing subscribers keep their current price for the rest of the current billing period and get at least 30 days' notice of any price increase that will take effect on renewal. See subscriber_agreement.md for the full billing rules including auto-renewal, refunds, and cancellation.

9. Use of artificial intelligence and model output

9.1. The Service uses statistical models, machine learning, and quantitative methods. These methods are not infallible. They overfit, they drift when market regimes change, and they can produce wrong, misleading, or loss-making output.

9.2. When we display a confidence score, win rate, profit factor, Sharpe ratio, or any other model statistic, the number describes historical or backtested behaviour. Past performance is no guarantee of future results, and we make no representation that you will achieve similar results. See risk_disclosure.md and hypothetical_performance_disclosure.md for the full caveats.

9.3. We do not claim our models predict the market. We claim they help you frame opportunities. The trading decision is yours.

10. Termination and suspension

10.1. You may close your account at any time. Closing the account ends the subscription on the rules in subscriber_agreement.md (you keep access until the end of the paid period).

10.2. We may suspend or terminate your account if:

10.3. Suspension is reversible. Termination is final. When we terminate for breach we may keep amounts already paid as liquidated damages for the breach, to the extent the law allows.

10.4. Sections that by their nature should outlive termination — including 4 (what you may not do), 6 (intellectual property), 11 (no advice / no warranties), 12 (limitation of liability), 13 (indemnity), 14 (governing law and arbitration), and any payment obligations accrued before termination — survive.

11. No advice. No warranties.

11.1. Nothing in the Service is investment, legal, accounting, or tax advice. The Service is for general information and education only. You agree to apply your own judgment to every trading decision and to consult a licensed adviser in your jurisdiction if you want personalised advice.

11.2. THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE". TO THE MAXIMUM EXTENT THE LAW ALLOWS, IKAAY CAPITAL DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, AND ANY WARRANTY ARISING OUT OF COURSE OF DEALING OR USAGE OF TRADE.

11.3. WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE; THAT THE INFORMATION ON THE SERVICE IS ACCURATE, RELIABLE, OR CURRENT; OR THAT THE SERVICE WILL MEET YOUR REQUIREMENTS.

11.4. NO ORAL OR WRITTEN INFORMATION YOU GET FROM IKAAY CAPITAL OR THROUGH THE SERVICE CREATES ANY WARRANTY THAT IS NOT EXPRESSLY STATED IN THESE TERMS.

12. Limitation of liability

12.1. TO THE MAXIMUM EXTENT THE LAW ALLOWS, IN NO EVENT WILL IKAAY CAPITAL OR ITS DIRECTORS, OFFICERS, EMPLOYEES, OR AGENTS BE LIABLE FOR (A) ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES; (B) ANY LOSS OF PROFITS, REVENUE, OR TRADING GAINS; (C) ANY LOSS OF DATA OR LOSS OF GOODWILL; OR (D) ANY DAMAGES ARISING FROM YOUR TRADING DECISIONS, EVEN IF IKAAY CAPITAL HAS BEEN ADVISED THAT SUCH DAMAGES WERE POSSIBLE AND EVEN IF A REMEDY OTHERWISE STATED IN THESE TERMS FAILS OF ITS ESSENTIAL PURPOSE.

12.2. IN ANY CASE, IKAAY CAPITAL'S AGGREGATE LIABILITY ARISING FROM OR RELATING TO THE SERVICE IS LIMITED TO THE GREATER OF (A) THE FEES YOU PAID FOR THE SERVICE IN THE TWELVE (12) MONTHS BEFORE THE EVENT GIVING RISE TO THE CLAIM, AND (B) ONE HUNDRED SINGAPORE DOLLARS (S$100).

12.3. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES. IF THOSE LAWS APPLY TO YOU, SOME OR ALL OF THE EXCLUSIONS OR LIMITATIONS IN THIS SECTION MAY NOT APPLY TO YOU AND YOU MAY HAVE ADDITIONAL RIGHTS. NOTHING IN THESE TERMS LIMITS LIABILITY FOR FRAUD, FRAUDULENT MISREPRESENTATION, OR ANY LIABILITY THAT CANNOT BE LIMITED OR EXCLUDED BY THE LAW.

13. Indemnity

13.1. To the extent the law allows, you agree to defend, indemnify, and hold harmless Ikaay Capital, its directors, officers, employees, and agents from any claim, demand, loss, liability, damage, cost, or expense (including reasonable legal fees) arising out of or relating to:

13.2. We will tell you about any claim covered by this section without unreasonable delay. We may take over the defence with counsel of our choice; you will reasonably co-operate at your expense.

14. Governing law and dispute resolution

14.1. These Terms are governed by the laws of the Republic of Singapore, without regard to conflict-of-laws rules. The United Nations Convention on Contracts for the International Sale of Goods does not apply.

14.2. Arbitration. Any dispute, controversy, or claim arising out of or relating to these Terms — including their existence, validity, interpretation, performance, breach, or termination — will be referred to and finally resolved by arbitration administered by the Singapore International Arbitration Centre (SIAC) under the SIAC Arbitration Rules in force at the time the notice of arbitration is given. The seat of arbitration is Singapore. The tribunal will consist of one arbitrator. The language of arbitration is English. The award is final and binding on the parties.

14.3. Class-action waiver. To the extent the law allows, you and we agree that each may bring claims against the other only in your or our individual capacity, and not as a plaintiff or class member in any purported class or representative proceeding. The arbitrator may not consolidate more than one person's claims and may not preside over any form of representative or class proceeding.

14.4. Carve-outs. Either party may seek injunctive or equitable relief in a court of competent jurisdiction to protect intellectual-property rights or confidential information, without first going to arbitration. Where your country's consumer-protection law gives you a non-waivable right to sue in your local courts (for example, EU/EEA mandatory consumer protection, UK consumer rights, certain Australian provisions), nothing in this section removes that right.

14.5. United States residents. If you live in the United States, you may opt out of the arbitration agreement and class-action waiver by sending written notice to legal@ikaaycapital.com within 30 days of first creating your account. The notice must include your name, your account email, and the words "I opt out of arbitration".

15. Changes to these Terms

15.1. We may amend these Terms. When the change is material — meaning a change to fees, refunds, data sharing, governing law, or limitation of liability — we will give at least 30 days' notice by email to your registered address before the change takes effect. When the change is non-material we may post the revised Terms on the Service with a new "Last updated" date.

15.2. If you keep using the Service after a material change takes effect, you accept the revised Terms. If you do not accept, your remedy is to close your account before the effective date and request a pro-rated refund under subscriber_agreement.md.

15.3. Every published version of these Terms is tagged in our git repository so we can produce, on request, the exact text you accepted at sign-up.

16. Notices

16.1. We may give you notice through the Service, by email to your registered address, or by any other reasonable means. You are responsible for keeping the email address current.

16.2. Send legal notices to legal@ikaaycapital.com and to the registered office of Ikaay Capital Pte Ltd in Singapore (address published on the website footer). Notices to our registered office must be in writing and sent by tracked courier or registered post.

17. Miscellaneous

17.1. Entire agreement. These Terms, together with subscriber_agreement.md, risk_disclosure.md, privacy_policy.md, hypothetical_performance_disclosure.md, the relevant jurisdiction_notes.md add-on, cookie_policy.md, and acceptable_use.md, are the entire agreement between you and Ikaay Capital about the Service. Each of those documents is incorporated by reference.

17.2. Severability. If any provision is held invalid or unenforceable, the rest survives and the invalid provision will be replaced with the closest valid one that gives effect to the original intent.

17.3. No waiver. A failure to enforce a provision is not a waiver of it.

17.4. No assignment. You may not assign your rights under these Terms. We may assign on a sale, merger, or reorganisation, with notice to you.

17.5. Third-party beneficiaries. A person who is not a party to these Terms has no right under the Contracts (Rights of Third Parties) Act 2001 of Singapore to enforce any term.

17.6. Force majeure. Neither party is liable for delay or failure to perform caused by events beyond its reasonable control, including outages of internet infrastructure, exchange or broker disruptions, regulatory action, war, terrorism, public-health emergencies, or extreme weather.

Change log

Version Date Change
2026.05.01 2026-05-01 Human-voice rewrite. Plain-English intro, "we / you" voice, "shall" replaced with "will" / "must" throughout, long paragraphs split into bullet lists. ALL-CAPS warranty / liability blocks kept verbatim because their visual treatment is part of the substance. Pending counsel review.
2026.04.28 2026-04-28 Initial draft built on the competitor + regulator audit.

Pattern provenance (for the lawyer review)

See also
Ikaay Capital Pte Ltd · Incorporated in Singapore · All legal documents · Home