Terms of Service

Alphid is an AI-assisted research workspace for self-directed investors, traders, and market participants. The Service may include watchlists, dashboards, market data, charts, AI-generated summaries, research agents, signals, alerts, news or event summaries, and other research tools.

Alphid is not a broker dealer, investment adviser, commodity trading adviser, exchange, alternative trading system, execution venue, order routing system, clearing firm, custodian, bank, law firm, accounting firm, or tax adviser. Alphid does not accept, execute, clear, settle, custody, route, or recommend trades. You are solely responsible for your own investment, trading, tax, legal, and financial decisions.

You must be at least 18 years old, able to form a legally binding contract, and permitted to use the Service under applicable law. You may not use the Service if you are located in, organized under the laws of, or ordinarily resident in a jurisdiction where use would be prohibited, or if you are subject to sanctions, export control restrictions, or similar restrictions that prohibit use of the Service.

You must provide accurate, complete, and current account information and keep it updated. You may not impersonate another person, create an account for someone else without authority, or create accounts to avoid fees, usage limits, market data restrictions, or enforcement of these Terms.

Each account and each market data entitlement must be tied to a unique user. You may not share usernames, passwords, devices, tokens, API keys, sessions, or other access credentials. You are responsible for all activity under your account and must notify us promptly if you suspect unauthorized access.

Access requires a paid subscription, except where we offer a time-limited trial, enterprise agreement, or separate approval. Professional market data classification or additional data fees may also apply. Prices, included features, usage limits, and available data sets may change. We will display material subscription terms at checkout or in an order form.

Unless stated otherwise at checkout or in an order form, subscriptions renew automatically until canceled. By subscribing, you authorize us or our payment processor to charge the applicable fees, taxes, data fees, and renewal charges using your selected payment method. Cancellation stops future renewal charges but does not automatically refund fees for the then-current subscription period, except where required by law or expressly stated by us.

Market data fees, professional user fees, exchange fees, taxes, payment processing charges, and data provider pass-through charges may be separate from Alphid subscription fees. We may suspend or downgrade data access if required fees are not paid, if your classification changes, if a data provider requires suspension, or if you do not complete required certifications.

All content, market data, AI outputs, signals, alerts, charts, analyses, summaries, rankings, explanations, and other information made available through the Service are for informational and educational purposes only. They are not financial advice, investment advice, trading advice, tax advice, legal advice, accounting advice, or any other professional advice.

Nothing on the Service is a recommendation, solicitation, offer, opinion, rating, endorsement, or instruction to buy, sell, hold, short, hedge, or otherwise transact in any security, commodity, digital asset, derivative, fund, index, currency, or financial instrument. References to securities, issuers, prices, patterns, events, or strategies do not mean that Alphid is recommending them.

Investing and trading involve substantial risk, including the possible loss of principal. Past performance, backtests, simulated results, model outputs, alerts, or historical patterns do not guarantee future results. You should conduct your own independent research and consult qualified, licensed professionals before acting on any information.

The Service may personalize content based on your prompts, watchlists, interests, settings, account information, or prior activity. Personalization does not make the Service an investment adviser or fiduciary and does not convert any content into individualized investment advice.

This Section 6 applies to any market data, exchange data, quote data, last-sale data, order-book data, delayed data, real-time data, derived data, reference data, corporate action data, financial data, news data, or other third party data made available through the Service (collectively, “Market Data”).

Market Data is provided by exchanges, markets, data vendors, licensors, redistributors, and other third party data providers (collectively, “Data Providers”). Market Data may be subject to additional Data Provider rules, policies, agreements, subscriber agreements, reporting requirements, audit rights, display requirements, use restrictions, fees, disclaimers, and other requirements (collectively, “Data Provider Requirements”).

When Market Data includes Nasdaq information, the applicable Data Provider Requirements may include Nasdaq rules, policies, forms, the Nasdaq Global Data Agreement, a Nasdaq Global Subscriber Agreement or equivalent, Nasdaq pricing schedules, Nasdaq reporting requirements, and other Nasdaq requirements, as updated from time to time.

You agree to comply with all applicable Data Provider Requirements. We may require you to accept additional Data Provider terms, complete onboarding questionnaires, certify your status, provide identifying information, or re-certify your status before receiving or continuing to receive Market Data. If you do not do so, we may deny, suspend, downgrade, or terminate Market Data access.

Data Providers, including Nasdaq where applicable, are intended third party beneficiaries of this Section 6 and may enforce rights relating to their Market Data to the extent permitted by law and the applicable Data Provider Requirements.

The Service may display Market Data as real-time, delayed, end of day, historical, derived, indicative, or otherwise. We may change the timing, frequency, availability, source, format, labeling, or scope of Market Data at any time. Market Data may be delayed, unavailable, inaccurate, incomplete, out of sequence, or affected by exchange, vendor, connectivity, caching, processing, AI, or system issues.

You should not rely on the Service as your sole source of Market Data, trading information, valuation information, tax information, regulatory reporting information, books and records information, or time-sensitive information.

Some Market Data is priced or licensed differently depending on whether you are a “Professional” or “Non-Professional” user, subscriber, or recipient. A marketing label or product tier, including any plan named “Pro,” does not determine your market data status. Your market data status depends on Data Provider Requirements and your actual identity, role, registration status, employment, affiliation, and use of the data.

Unless we or the applicable Data Provider approve otherwise in writing, you may be treated as a Non-Professional user only if all of the following are true:

Any user who does not qualify as Non-Professional is a Professional user. Entity accounts and business accounts are Professional unless the applicable Data Provider expressly permits otherwise and we approve the classification in writing. A qualifying unpaid natural person associated with a non-commercial family investment arrangement, trust, or investment club may be required to be classified and reported individually rather than by entity name.

Before receiving certain Market Data, you may be required to complete a Market Data Certification substantially in the form attached as Schedule 1 or another form required by us or a Data Provider. You represent that all certifications, account information, professional status information, employer information, affiliation information, and usage information you provide are accurate, complete, and current.

You must promptly notify us if your status changes, including if you become registered or qualified with a securities or commodities regulator or exchange, become an investment adviser, begin using Market Data for work or business purposes, begin acting for an entity or client, or otherwise cease to qualify for Non-Professional status. We may require periodic recertification, including semi-annual or annual re-certification, or re-certification upon request by a Data Provider.

We may classify or reclassify you as Professional or Non-Professional based on your certification, available information, Data Provider Requirements, or our reasonable judgment. If you are reclassified as Professional, we may charge Professional fees, pass through exchange fees, require a different subscription, suspend Market Data, or terminate Market Data access.

If your certification is inaccurate or you misuse Market Data, you are responsible for any resulting fees, underreported amounts, back charges, taxes, interest, audit costs, and reasonable expenses to the extent permitted by law. Misclassification, false certification, credential sharing, unauthorized redistribution, or prohibited use of Market Data is a material breach of these Terms.

Unless your plan and the applicable Data Provider Requirements expressly permit otherwise, you may use Market Data only for your own permitted display use within the Service. You may not:

We may monitor, record, meter, and report Market Data entitlements and usage as required for compliance, billing, support, security, and Data Provider reporting. This may include your name, account ID, user ID, email, employer, affiliation, professional status, certifications, entitlement status, access dates, usage counts, device/session information, and related information.

You authorize us to disclose relevant information to Data Providers, regulators, auditors, vendors, and service providers as needed to comply with Data Provider Requirements, applicable law, audits, billing, and enforcement. You agree to cooperate with reasonable requests for information from us or Data Providers regarding your receipt, processing, display, and use of Market Data.

We may suspend, remove, delay, limit, replace, or terminate Market Data access at any time if required by a Data Provider, if your classification or certification is incomplete or inaccurate, if fees are unpaid, if usage appears excessive or unauthorized, if we suspect breach of these Terms, or if Market Data becomes unavailable. We are not liable for suspension, removal, delay, or termination of Market Data required by a Data Provider or caused by circumstances outside our reasonable control.

Market Data is provided “as is” and “as available.” We and the Data Providers do not guarantee the accuracy, completeness, timeliness, sequence, availability, uninterrupted delivery, merchantability, fitness for a particular purpose, non-infringement, or suitability of any Market Data. To the maximum extent permitted by law, neither we nor any Data Provider is liable for trading losses, investment losses, lost profits, lost opportunities, business interruption, or any direct, indirect, incidental, special, consequential, exemplary, or punitive damages arising from Market Data, data errors, delays, omissions, interruptions, or unavailability.

Subject to these Terms, we grant you a limited, revocable, non-exclusive, non-transferable, non-sublicensable license to access and use the Service for your permitted purposes during the term of your account or subscription. Unless your plan, order form, or written agreement expressly permits Professional or business use, your license is for personal, non-commercial use only.

We may impose technical, plan based, data provider, geographic, device, frequency, query, seat, or other limits. You may not bypass or attempt to bypass those limits.

You agree not to use the Service to:

You may submit prompts, questions, watchlists, preferences, notes, files, messages, account information, feedback, and other content to the Service (“User Content”). You retain your rights in your User Content, subject to the license below.

You grant us a non-exclusive, worldwide, royalty-free license to host, process, transmit, display, reproduce, and use User Content as needed to provide, operate, secure, monitor, debug, support, personalize, and improve the Service; comply with law and Data Provider Requirements; enforce these Terms; and as otherwise described in our Privacy Policy or an applicable order form.

You represent that you have all rights needed to provide User Content and that User Content does not violate law, these Terms, Data Provider Requirements, confidentiality obligations, privacy rights, intellectual property rights, or other third party rights. You should not submit material nonpublic information, inside information, confidential information, personal information about others, or regulated data unless you have the legal right to do so and your plan or written agreement permits it.

We may remove, restrict, or disable User Content if we believe it may violate these Terms, applicable law, or third party rights, or if required by a Data Provider, regulator, or service provider.

The Service may generate AI outputs, summaries, explanations, signals, alerts, rankings, risk flags, event descriptions, research notes, or other automated content (“Outputs”). Outputs may be inaccurate, incomplete, outdated, biased, inconsistent, duplicated, or not suited to your circumstances. Outputs may omit important information or misinterpret data, filings, news, prompts, context, or Market Data.

As between you and Aether, and subject to these Terms, Data Provider Requirements, third party rights, and applicable law, you may use Outputs for your permitted use of the Service. You are responsible for independently verifying Outputs before relying on them. Other users may receive similar or identical Outputs.

Outputs are not investment advice, trading advice, recommendations, ratings, fiduciary advice, or instructions. Do not use Outputs as the sole basis for any investment, trading, legal, tax, accounting, compliance, or risk management decision.

The Service, including software, design, user interface, workflows, code, models, prompts, systems, databases, text, graphics, logos, trademarks, trade dress, and other materials, is owned by Aether or its licensors and is protected by intellectual property and other laws. Except for the limited license expressly granted in these Terms, we and our licensors reserve all rights.

Alphid, Aether, and the Alphid logo are trademarks of Aether Holdings, Inc. Other names, logos, products, services, and marks belong to their respective owners. You may not use our marks without our prior written permission.

You may not copy, modify, translate, create derivative works of, sell, lease, lend, sublicense, distribute, publish, frame, mirror, or exploit any part of the Service except as expressly permitted by these Terms.

If you provide ideas, suggestions, comments, bug reports, feature requests, or other feedback, you grant us a perpetual, irrevocable, worldwide, royalty-free, fully paid, transferable, sublicensable license to use, reproduce, modify, create derivative works from, distribute, perform, display, and otherwise exploit that feedback for any purpose without compensation or obligation to you.

The Service may include or link to third party websites, content, data, news, APIs, vendors, payment processors, AI providers, authentication providers, brokers, custodians, or other services. We do not control third parties and are not responsible for their content, terms, privacy practices, security, availability, or performance.

Your use of third party services may be subject to separate terms and fees. We may enable or disable third party integrations at any time.

Our Privacy Policy describes how we collect, use, disclose, and protect information. By using the Service, you agree that we may process information as described in the Privacy Policy and these Terms, including information needed for market data classification, reporting, audits, billing, security, and compliance.

By creating an account, joining a waitlist, subscribing, or using the Service, you agree to receive service, security, legal, billing, market data, and administrative communications. You may opt out of marketing communications as described in those communications, but you may still receive non-marketing messages related to your account or the Service.

We may update, change, limit, suspend, discontinue, or replace any part of the Service at any time. Features described on our website, in marketing materials, or in product roadmaps may not be available, may change, and may be subject to additional terms or fees.

We do not guarantee that the Service will be uninterrupted, secure, timely, error-free, or compatible with your systems. You are responsible for your own devices, software, internet connection, security controls, backups, and compliance procedures.

We may offer beta, preview, experimental, waitlist, or early access features. These features may be incomplete, unstable, inaccurate, unsupported, confidential, subject to additional restrictions, or discontinued at any time. We may collect feedback and usage information about beta features to improve the Service.

Beta and early access features are provided for testing and evaluation and should not be relied on for trading, investment, legal, tax, accounting, compliance, or other important decisions.

You may stop using the Service at any time. You may cancel a subscription as described at checkout, in your account settings, or by contacting us, subject to any applicable order form or enterprise agreement.

We may suspend or terminate your account, subscription, access, Market Data entitlements, or any part of the Service at any time if we believe you violated these Terms, Data Provider Requirements, law, or third party rights; if your account presents security, compliance, operational, or legal risk; if fees are unpaid; if required by a Data Provider, service provider, regulator, or court; or if we discontinue the Service or relevant feature.

Upon termination, your right to use the Service ends immediately. We may retain records as required or permitted by law, Data Provider Requirements, accounting, dispute resolution, audit, security, or legitimate business purposes. Sections that by their nature should survive will survive, including Sections 4, 5, 6, 8–14, and 17–24.

THE SERVICE, MARKET DATA, OUTPUTS, CONTENT, FEATURES, AND THIRD PARTY MATERIALS ARE PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE DISCLAIM ALL WARRANTIES, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, ACCURACY, COMPLETENESS, TIMELINESS, AVAILABILITY, SECURITY, AND UNINTERRUPTED OPERATION.

We do not warrant that the Service, Market Data, Outputs, or any content will be accurate, current, complete, reliable, error free, secure, uninterrupted, or suitable for your needs. We do not warrant any investment, trading, financial, tax, legal, or other outcome.

Some jurisdictions do not allow certain disclaimers, so some of these disclaimers may not apply to you. In that case, the disclaimers apply to the fullest extent permitted by law.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, AETHER AND ITS AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, CONTRACTORS, LICENSORS, DATA PROVIDERS, AND SERVICE PROVIDERS WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, PUNITIVE, OR ENHANCED DAMAGES; LOST PROFITS; LOST REVENUE; LOST GOODWILL; LOST DATA; BUSINESS INTERRUPTION; TRADING LOSSES; INVESTMENT LOSSES; LOST OPPORTUNITIES; OR DAMAGES ARISING FROM OR RELATING TO MARKET DATA ERRORS, DELAYS, INTERRUPTIONS, UNAVAILABILITY, OR OMISSIONS, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, AETHER’S TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICE WILL NOT EXCEED THE GREATER OF (A) ONE HUNDRED U.S. DOLLARS (US$100) OR (B) THE AMOUNTS YOU PAID TO AETHER FOR THE SERVICE IN THE THREE MONTHS BEFORE THE EVENT GIVING RISE TO THE CLAIM. THIS CAP DOES NOT EXPAND ANY DATA PROVIDER LIABILITY; DATA PROVIDERS HAVE NO LIABILITY TO YOU EXCEPT TO THE EXTENT EXPRESSLY REQUIRED BY APPLICABLE LAW OR A SEPARATE WRITTEN AGREEMENT.

The limitations in this Section apply regardless of the theory of liability, including contract, tort, negligence, strict liability, statutory liability, warranty, or otherwise. Some jurisdictions do not allow certain limitations, so some of these limitations may not apply to you. In that case, the limitations apply to the fullest extent permitted by law.

To the maximum extent permitted by law, you will defend, indemnify, and hold harmless Aether and its affiliates, officers, directors, employees, agents, contractors, licensors, Data Providers, and service providers from and against any claims, demands, actions, losses, liabilities, damages, judgments, settlements, penalties, fines, costs, and expenses, including reasonable attorneys’ fees, arising out of or relating to:

We may control the defense and settlement of any matter subject to indemnification. You may not settle any matter in a way that imposes obligations on us or admits fault by us without our prior written consent.

These Terms are governed by the laws of the State of Delaware, U.S.A., without regard to conflict of laws rules. To the extent permitted by law, you and Aether agree that any dispute arising out of or relating to these Terms or the Service will be brought exclusively in the state or federal courts located in Delaware, and each party submits to the personal jurisdiction of those courts.

TO THE EXTENT PERMITTED BY LAW, YOU AND AETHER EACH WAIVE ANY RIGHT TO A JURY TRIAL IN ANY DISPUTE ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICE.

TO THE EXTENT PERMITTED BY LAW, YOU AND AETHER EACH AGREE THAT ANY DISPUTE WILL BE BROUGHT ONLY ON AN INDIVIDUAL BASIS AND NOT AS A CLASS, COLLECTIVE, REPRESENTATIVE, PRIVATE ATTORNEY GENERAL, OR OTHER SIMILAR ACTION. No court may consolidate claims of multiple users unless all parties agree in writing.

Nothing in this Section limits either party’s right to seek injunctive or equitable relief for intellectual property misuse, unauthorized access, security incidents, Market Data misuse, or other conduct that could cause irreparable harm.

We may update these Terms from time to time. When we make material changes, we will update the effective date and provide notice where legally required or where we determine notice is appropriate. Your continued use of the Service after updated Terms become effective means you accept the updated Terms. If you do not agree, you must stop using the Service.

These Terms, together with the Privacy Policy, any applicable order form, product terms, data-provider terms, and additional terms incorporated by reference, are the entire agreement between you and Aether regarding the Service.

You may not assign or transfer these Terms or your account without our prior written consent. We may assign these Terms in connection with a merger, acquisition, reorganization, sale of assets, financing, change of control, or by operation of law.

If any provision of these Terms is held invalid or unenforceable, that provision will be enforced to the maximum extent permitted and the remaining provisions will remain in effect. Our failure to enforce any provision is not a waiver. Headings are for convenience only. Except for Data Providers and other indemnified parties as expressly stated, there are no third party beneficiaries.

You agree that electronic signatures, click through acceptance, and electronic records are valid and binding. Notices may be provided by email, in product notice, posting on the Service, or other legally permitted means.

Questions about these Terms may be sent to:

Aether Holdings, Inc.
Attn: Legal Department
110 Charlton Street, RET B
New York, NY 10014
Email: legal@helloaether.com

This certification is part of the Terms. Aether may require you to complete this certification during onboarding, at login, when you request Market Data, when you change plans, when your status changes, or when re-certification is required. Aether may modify this certification to reflect Data Provider Requirements.

By requesting or accessing Market Data, you certify that your answers are accurate and complete and that you will promptly update them if your status or use changes.

A. Identity and Account Type

If I answered “Yes” to any question that indicates business, professional, entity, redistribution, non-display, or regulated use, I understand that I may be classified as Professional, may be required to pay Professional market data fees, and may be denied access to Market Data unless my plan and the applicable Data Provider Requirements permit the use.

If I am classified as Non-Professional, I certify that I satisfy all Non-Professional requirements in the Terms and applicable Data Provider Requirements, and I will promptly notify Aether if that changes.

Name: ________________________________
Email / Account ID: ___________________
Date: _________________________________

Aether may use the following short notice in the product flow, with the full Terms and any required Data Provider terms linked nearby.

Market Data Notice: Market data may be subject to exchange and data-provider rules, fees, reporting, and audits. To receive reduced Non-Professional rates, you must be an individual using the data only for your own personal, non-business purposes and must not be registered or acting in a professional securities, commodities, investment-advisory, bank, fund, employer, client-service, contractor, or other business capacity. If your status changes, you must tell us. Entity, business, commercial, redistribution, automated trading, non-display, model-development, and professional uses require separate approval and may require Professional fees. By continuing, you certify that your information is accurate and agree to the Alphid Terms of Service and applicable data-provider requirements.