Last updated 2026-08-16
These Terms govern your use of PiloTrader (the "Service"), operated by [Company Legal Name] ("we", "us"), a company registered in [Jurisdiction] at [Registered Address]. By creating an account you agree to these Terms.
PiloTrader is a conversational tool for screening and structuring trade ideas. You describe a strategy in chat; the Service proposes a "Play" (a specific set of picks, allocations, and exit rules) for you to review. Nothing executes without your explicit approval — every Play requires a stop-loss and, if you've enabled it, a second authentication factor before it can be approved.
Once approved, the Service monitors open positions and can close them automatically when a take-profit or stop-loss level is reached, without asking again — that automatic-exit behavior is the one thing that happens without a fresh approval, and it's disclosed to you at approval time.
PiloTrader is in an invite-only beta. Features, guardrails, and underlying data sources may change without notice. Nothing in the Service constitutes investment, legal, or tax advice. We are not a registered investment adviser or broker-dealer. You are solely responsible for your own trading decisions and their consequences.
Access currently requires a valid invite or referral code and is intended for individuals in the EEA and UK. You must be able to form a binding contract and be of legal age in your jurisdiction to use the Service.
You're responsible for keeping your password and any enrolled second factor secure. Tell us immediately if you believe your account has been compromised. We may suspend an account that violates these Terms, abuses rate limits, or is used for anything unlawful.
By default, accounts trade with simulated funds — no capital is at risk. Connecting a real brokerage is optional and, where offered, is a distinct step you must take deliberately. See the Risk Disclosure for what changes once real funds are involved.
Where a live market-data provider is configured, prices for supported symbols are real quotes; everything else uses a synthetic, clearly-labeled simulated price so the Service remains usable without one. The app labels each price "LIVE" or "SIM" so this is never ambiguous. Live data may be delayed and is provided by third parties we don't control — we make no guarantee of its accuracy or availability.
The Service offers free and paid tiers with different limits (e.g. concurrent chats, daily message allowance). Paid tiers are not yet self-serve during the beta; billing terms will be published separately once available.
You can export a full copy of your account data or permanently delete your account at any time from Settings. See the Privacy Policy for details.
The Service is provided "as is" without warranties of any kind. To the maximum extent permitted by law, we are not liable for trading losses, lost profits, or any indirect or consequential damages arising from your use of the Service, including from automated exits, data delays, or downtime.
We may update these Terms as the Service evolves during beta; material changes will be announced in-app. Continued use after a change means you accept the updated Terms.
These Terms are governed by the laws of [Jurisdiction], without regard to conflict-of-law principles.
Questions about these Terms: support@pilotrader.app.