Terms of Service

The Service is provided by:

Simon Bartos, trading as QuantWright
Niemenkatu 5 as. 27, 15140 Lahti, Finland
Business ID (Y-tunnus): 3658308-4
VAT number: FI36583084
Email: support@quantwright.com
Telephone: +358 41 700 5230

References to “we”, “us” and “our” in these Terms mean the trader who operates QuantWright, identified above. References to “you” mean the person using the Service. You are a “consumer” if you use the Service mainly for purposes outside your trade, business or profession, and a “business user” otherwise.

By creating an account or using QuantWright (the “Service”), you agree to these Terms of Service. If you do not agree, do not use the Service.

These Terms, the Legal & Disclaimers page and the Privacy Policy together form the agreement between us. The Legal & Disclaimers page is incorporated into these Terms by reference and forms part of them. The Privacy Policy explains how we handle personal data; it is information, not terms you are asked to accept.

QuantWright is research software for designing, backtesting and analysing trading strategies. It includes AI-assisted code generation, a sandboxed backtesting engine, statistical credibility scoring and simulations of proprietary-trading-firm evaluations. It is provided for research and educational purposes.

Outputs are computed from parameters, instructions and strategy descriptions that you supply, over historical market data. They describe what a set of rules would have done in the past. They are not statements about the future and are not addressed to your personal circumstances.

We do not, and the Service does not:

(a) execute, transmit or route orders in any financial instrument; (b) hold, receive, control or have access to your money, securities or other assets; (c) act as a broker, dealer, investment firm, portfolio manager, investment adviser, commodity trading advisor or financial planner; (d) provide personal recommendations, investment advice or investment research within the meaning of MiFID II, the Finnish Act on Investment Services, or equivalent legislation; or (e) offer, solicit or invite any transaction in any financial instrument.

We are not authorised or supervised by the Finnish Financial Supervisory Authority (Finanssivalvonta) or any equivalent authority, and we do not carry on investment services. Any connection you make between an output of the Service and a real trading decision is yours alone, made on your own analysis and at your own risk.

Everything the Service produces is simulated: no order reaches a live market and no real funds are involved.

Scores, grades, verdicts and simulations describe the statistical behaviour of a strategy that you describe, on historical data. They are not ratings of any financial instrument, not forecasts, and not recommendations to trade. The Service does not know your financial situation, objectives or tolerance for risk, and does not take them into account.

You agree that you will not treat any output of the Service as investment advice, and that you remain solely responsible for any decision to trade. Where you want advice about your own circumstances, obtain it from an independent, appropriately authorised adviser.

You must be at least 18 years old and able to form a binding contract. An account is for one person; do not share it. Give accurate information when you apply and subscribe. Authentication is handled by our identity provider; you are responsible for safeguarding your credentials and for all activity under your account. Notify us promptly of any unauthorised use.

The Service is currently offered as a private beta. Access is by invitation: you apply, and we decide at our discretion whether and when to offer you a place. An invitation is personal to the email address it was sent to.

Beta software is still being developed. Features may be incomplete, may change, and may occasionally be unavailable. We fix problems as we find them and tell you about material ones in the product.

The beta price is the price shown when you subscribe. It stays your price for as long as your subscription continues without interruption; if you cancel and later subscribe again, the price then on offer applies. The price for new members may rise after the beta.

We may end the private beta, for example when the Service launches publicly. That does not end your subscription or change your price. If we ever stop offering the Service altogether, we give you at least 30 days’ notice and refund anything you paid for the period after it stops.

A subscription includes generous but finite use. The current limits — a daily AI allowance of 6 million tokens (a unit of AI processing) and 20 million a week, and how many chat messages, backtests and robustness checks it can run per day — are listed on the pricing page (the AI allowance there in plain terms), and Settings shows your own usage of the AI allowance as a percentage of it. When a limit is reached, the affected feature pauses until the limit resets; nothing is charged extra.

We may adjust the limits, for example to stop abuse or to keep the Service reliable for everyone. We will not reduce them materially for your current subscription without the notice and the right to cancel with a refund described in section 22.

You agree not to:

(a) use the Service for any unlawful purpose; (b) attempt to escape, probe or defeat the code-execution sandbox or any security control; (c) submit code intended to access other users’ data, exfiltrate secrets or disrupt the Service; (d) scrape, overload or abuse the Service or its limits, or access it by automated means other than those it provides; (e) resell or redistribute the Service or the market data it runs on; (f) use outputs of the Service to give investment advice, trading signals or recommendations to others, or present them as such; or (g) misrepresent results from the Service as actual trading results.

Strategies, code, backtests, chat messages and files you create or upload (“Your Content”) belong to you. You grant us a limited licence to host, process and display Your Content solely to operate the Service for you. We do not sell Your Content and do not use it to train AI models. You are responsible for ensuring you have the rights to any content you upload.

The Service provides derived outputs, not market data. It runs strategies on historical market data licensed to us by third-party providers, named on the Legal & Disclaimers page, and returns results derived from it: statistics, scores, simulated results and code. The data itself is licensed for use within the Service and is not provided to you. You may use the results the Service computes for your own research. You may not copy, extract, export, redistribute or resell the market data itself, or attempt to reconstruct prices from the Service’s outputs.

Where a provider’s licence requires it, a result shows what a strategy did — returns, drawdown, trade statistics — without the prices it traded at or price charts. That is currently the case for US stocks and ETFs, spot crypto and spot FX.

Backtests on CME futures are paused while we finalise a licence for exchange data. We are working on it, but we cannot promise when, or whether, futures will return, and your subscription does not include them until they do.

A provider can change its terms or end a licence. If a data source has to be withdrawn, we tell you, and where that materially reduces what the Service does for you, section 22 applies.

Every backtest, robustness check, Monte Carlo simulation, optimisation sweep and prop-firm estimate the Service produces is hypothetical. No representation is made that any account will or is likely to achieve profits or losses similar to those shown. Hypothetical results are prepared with the benefit of hindsight, do not involve financial risk, and cannot fully account for the effect of liquidity, slippage, fees, execution and the psychology of trading real money. There are frequently sharp differences between hypothetical results and the results later achieved by any trading approach. A strategy can also be fitted to the history it was tested on and fail on new data. The Service’s checks measure and disclose that risk; they do not remove it, and no score or check guarantees that a strategy will hold up.

Past performance, actual or simulated, does not guarantee future results. Do not make a trading or investment decision on an output of the Service without your own independent evaluation. That does not limit what the Service itself must do: its figures must be computed correctly (section 17). You may lose some or all of the money you trade with.

The Service can simulate how a strategy’s historical trades would have fared under the published evaluation rules of proprietary trading firms. These figures are a statistical model built from the firm’s rules as we read them on a stated date and from your strategy’s past results. They are not a prediction that you will pass, not an offer from any firm, and not an assessment of any firm.

Firms change their rules, instruments, fees and payout terms, apply discretion, and decide who passes. QuantWright is not affiliated with, endorsed by or paid by any firm the Service names. Check the firm’s current rules on its own website before you buy an evaluation.

The Service, including its software, design and documentation, is owned by us and our licensors and is protected by intellectual-property laws. These Terms grant you no rights to our trademarks or to the underlying software beyond use of the Service.

The subscription costs €39 a month, excluding VAT. Where VAT is due it is added on top, at the rate that applies to your purchase (in Finland, at 25.5%, the total is €48.95 a month). Where none is due, you pay €39 a month. Checkout shows the VAT and the total before you pay, and your receipt shows the VAT amount. If the VAT rate changes, later payments carry the new rate. What a subscription includes is shown on the pricing page at the time you subscribe. Subscriptions are billed monthly in advance and renew automatically until cancelled. You can cancel at any time under Billing in the app's sidebar, with effect from the end of the current paid period; you keep access until then.

We are the seller. Payments are processed on our behalf by Stripe, which handles your card details; we never see or store them. If a renewal payment fails, access pauses until the payment method is updated. If you subscribe as a business with a valid EU VAT number, VAT may be reverse-charged instead, as shown at checkout.

If you are a consumer in the EU or EEA, you have a statutory right to withdraw from a distance contract within 14 days of entering into it, without giving a reason.

At checkout you ask us to start the Service immediately, during the withdrawal period, and you acknowledge that once we have fully performed the contract you no longer have a right of withdrawal. A monthly subscription is not fully performed within the first 14 days, so your right of withdrawal stays open for all 14 days. If you withdraw after asking us to start, you pay an amount in proportion to what the Service provided until you told us you withdraw, and we refund the rest. That is the legal floor.

On top of it, the first payment of each new subscription carries a 14-day money-back guarantee: ask within 14 days of that payment, for any reason, and we refund it in full.

To withdraw, use Withdraw from contract here under Billing in the app's sidebar, or send us a clear statement — an email to support@quantwright.com is enough — before the 14 days expire. You may use the model form below, but you do not have to. We acknowledge a withdrawal by email without delay. We refund using the same payment method you used, without undue delay and in any case within 14 days of receiving your statement.

Refunds outside the withdrawal period and the guarantee are described in sections 6, 22 and 23.

We aim to keep the Service available and working, and we fix faults we find. We do not promise uninterrupted availability: maintenance, provider outages and faults happen. Support is by email at support@quantwright.com; we aim to answer within two working days.

The Service must work as described on these pages. That includes computing every figure it reports correctly from the strategy, data, costs and assumptions the result states. If it does not, that is a defect, and we put it right.

If you are a consumer, you have the statutory remedies for a defective digital service (chapter 5 a of the Finnish Consumer Protection Act, or the law of the country where you live): we correct the defect within a reasonable time at no cost to you; if we do not, you may ask for a price reduction or end the contract and have the price refunded for the period affected. These Terms do not limit those remedies.

What we do not promise is outcome. No result, score or simulation predicts how a strategy will trade in future. Market data comes from third parties and can contain errors we cannot detect. Code, explanations and summaries are generated with AI models and can be wrong or differ from the rules you meant; the Service shows the code and the assumptions so that you can check them.

Market data is supplied by third parties and may contain errors, gaps, delays or revisions. Backtests, robustness checks, Monte Carlo simulations, optimisation sweeps and prop-firm estimates are hypothetical (section 11). See Legal & Disclaimers for the full statement of risk and data limitations.

If you are a business user, the Service is provided “as is” and “as available”, and to the extent the law allows we give no warranty of merchantability, fitness for a particular purpose or non-infringement.

18.1 Nothing in these Terms limits our liability for death or personal injury, for fraud, for intent or gross negligence, or where mandatory law does not allow a limit. For consumers that includes the remedies in section 17.

18.2 If you are a consumer. We are liable for loss caused by a defect in the Service as Finnish consumer law provides. Trading decisions are yours: we are not liable for losses you make by trading or investing, except where the loss was caused by a defect in the Service that we are responsible for. The Service does not know your financial position, objectives or risk tolerance, and no output of it is a reason to enter any trade.

18.3 If you are a business user. We are not liable for indirect or consequential loss, lost profits, lost revenue, lost opportunity or loss of data, nor for trading or investment losses. Our total liability for all claims relating to the Service is limited to the amount you paid us in the twelve months before the event giving rise to the claim.

If you are a business user, you may use the Service’s outputs as research input for your own work, but you may not pass them on to your clients as advice, recommendations or trading signals (section 8(f)). You will compensate us for losses and reasonable costs from a third-party claim that results from your breach of these Terms or from how you use the outputs with your own clients, up to the same limit as in section 18.3. The statutory warranties that protect consumers do not apply to you except where mandatory law says they must.

Business disputes are settled by the district court (käräjäoikeus) of the municipality shown for us in the trade register.

If you are a consumer, nothing in these Terms excludes, restricts or affects any right or remedy you have under mandatory consumer protection law in your country of residence, including your rights under the Finnish Consumer Protection Act (kuluttajansuojalaki) where it applies to you.

Where any term of this agreement conflicts with such a right, the mandatory right prevails to the extent of the conflict, and the remainder of these Terms continues in effect. A choice of governing law in section 26 does not deprive you of the protection of mandatory provisions of the law of the country where you live.

If something goes wrong, contact us first at support@quantwright.com. Most issues are resolved this way and we would rather fix a problem than argue about it.

If we cannot resolve it, a consumer resident in Finland may contact the Consumer Advisory Service (kuluttajaneuvonta), kkv.fi/kuluttajaneuvonta, and may refer the dispute to the Consumer Disputes Board (kuluttajariitalautakunta), kuluttajariita.fi, whose decision is a recommendation. We will take part and answer the Board’s requests. Consumers resident elsewhere in the EU or EEA keep access to the dispute-resolution bodies available in their own country. You may also bring proceedings in the courts of the country where you live.

We may change the Service or these Terms only for a good reason, which is one of these: (a) a change in law or an order from an authority; (b) a data provider, AI provider or other supplier we depend on changes, limits or ends what it supplies; (c) to protect the security or reliability of the Service or to stop abuse; (d) to fix errors, or to improve the Service; (e) to add or change features, or to set a new price for new members. A change to the Service never costs you extra, and a price rise does not apply to a subscription that is running (section 6).

If a change makes it materially harder to use the Service, or reduces what it does for you, we tell you by email, on a durable medium, at least 30 days before it takes effect, saying what changes and when. You may then end your subscription free of charge within 30 days of the notice, or of the change if that is later, and we refund the unused part of the period you paid for. If we offer to keep the Service as it was, at no extra charge, you can choose that instead.

When these Terms change in substance, we ask you to accept the new version before you continue. If you do not, you can cancel and we refund the unused part of the period you paid for.

You may stop using the Service and cancel at any time. We may suspend or terminate access if you materially violate these Terms, or where necessary to protect the Service or other users. Where we do so and you have paid for a period not yet used, we refund the unused portion unless the termination results from your breach.

You may export Your Content before your account is closed.

We are not responsible for a failure or delay caused by events outside our reasonable control, such as the failure of a hosting, data or payment provider, a network outage, or a change in law; we will tell you and do what we reasonably can to limit the effect.

We may transfer this agreement to a successor to our business, provided your rights under it are not reduced; we will tell you if we do. You may not transfer your account or this agreement.

We send notices to the email address on your account; you can send notices to support@quantwright.com. These Terms are written in English, and the English version governs.

These Terms, together with the documents they incorporate, are the whole agreement between us about the Service. If any provision of these Terms is held void, invalid or unenforceable, it is severed or, where permitted, adjusted to the minimum extent necessary to make it enforceable, and the remaining provisions continue in full force. This does not apply to a term that is unreasonable towards a consumer: such a term is disregarded, as Finnish law provides. Our failure to enforce a provision is not a waiver of it.

These Terms are governed by the laws of Finland. This choice of law is subject to section 20. Questions about these Terms can be sent to support@quantwright.com.