1. Acceptance of Terms

By accessing and using Quantum Market Analyzer ("the Service"), you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to these terms, please do not use the Service.

2. Description of Service

Quantum Market Analyzer is an educational and research tool that provides:

• Quantitative scoring algorithms for stock analysis
• Technical and fundamental data visualization
• Pattern detection and analytical scenario identification
• Portfolio tracking and watchlist management

The Service does NOT provide:

• Personalized investment advice
• Guaranteed returns or performance
• Financial planning or tax advice
• Broker or execution services

The Service is an analytical and educational software product. It is not intended as a trading terminal, an execution platform, or a primary source of guaranteed real-time market data. No order can be placed, routed, or executed through the Service, and no funds or securities are ever held, transferred, or managed by the operator. Data shown may be delayed, cached, or otherwise not real-time (see Section 5).

2.1 Evolving Platform — Right to Change the Service

The Service is continuously developed and will change over time. The operator may, at any time and at its sole discretion, add, modify, improve, suspend, limit, rename, repackage, move between plans, or discontinue any feature, page, data source, scoring methodology, model, parameter, model output, strategy, or any other part of the Service, with or without prior notice. Features, data, and methodologies are provided as available at a given point in time; the operator does not guarantee that any specific feature, data source, methodology, score, or result will remain available, unchanged, or produce the same output in the future.

Such changes are a normal part of operating software, are not a breach of these Terms or of any plan (including any previously purchased Founder / "Lifetime" license, which grants access to the Service as it evolves, not to any frozen feature set), and do not entitle you to any refund, credit, or claim, except as expressly set out in Section 7.2 (14-day right of withdrawal) and Section 7.1 (discontinuation of the entire Service), or where required by mandatory law. The operator will use reasonable efforts to avoid removing materially advertised core functionality without a comparable replacement.

3. NOT FINANCIAL ADVICE

3.1 Hypothetical & Backtested Performance Results

4. User Responsibilities

As a user of the Service, you agree to:

• Conduct your own due diligence before making any investment
• Verify all data from independent sources
• Not rely solely on the Service's scoring or analytical outputs
• Accept full responsibility for your trading and investment decisions
• Not use the Service for illegal purposes or market manipulation
• Comply with all applicable securities laws and regulations

5. Data Sources, Accuracy & Discrepancies

The Service uses data from third-party market-data providers and public registries (e.g. SEC EDGAR, FINRA) and computes proprietary scores and metrics on top of it. All data, prices, scores, fundamentals, ratios, returns, and figures are provided "as is", for educational and informational purposes only, without any warranty of accuracy, completeness, timeliness, or correctness. We strive for quality but do not guarantee that any figure is current, complete, or free of errors or omissions.

Figures may be delayed, stale, cached, estimated, or simply wrong. Because the platform is continuously developed, some values may reflect an earlier snapshot, a data-provider gap, or a calculation that is later revised. Scores and analytics are proprietary model outputs and estimates, not statements of verified fact.

Discrepancies with other sources are expected and are not a defect. A price, value, score, or any figure shown in any column of the Service may differ — sometimes materially — from the figure shown by your broker, an exchange, another data vendor, or a competing platform, due to different data sources, timing, delay, snapshot points, methodology, rounding, currency conversion, or caching. Such differences do not constitute an error, defect, breach, or misrepresentation, and create no liability. You must independently verify all data from official/primary sources before making any decision and must not rely solely on the Service. To the maximum extent permitted by law, the operator is not liable for any inaccuracy, discrepancy, staleness, delay, omission, or for any decision or loss arising from reliance on any figure shown.

You acknowledge that:

• Market data may be delayed by 15 minutes or more, or longer during/after maintenance;
• Figures may differ from your broker, exchanges, or other providers — this is normal and expected;
• Scoring algorithms are proprietary, are estimates, and may change without notice;
• Historical/backtested results do not guarantee future performance (see Section 3.1);
• Technical glitches, provider outages, or stale/cached values may occur and affect accuracy.

5.1 Service Availability & Maintenance

The Service is provided on a "reasonable efforts" basis and is NOT guaranteed to be available 24/7. The operator does not provide an uptime service-level guarantee. The operator may suspend, restrict, or interrupt the Service in whole or in part at any time for maintenance, updates, upgrades, security, data re-processing, or due to third-party data/hosting/payment outages or other causes beyond its reasonable control.

Scheduled maintenance windows. The operator reserves regular recurring maintenance windows — typically during weekends and/or outside US market hours — and may schedule larger periodic maintenance (e.g. monthly) that can make the Service partially or fully unavailable for a period. The operator will use reasonable efforts to give advance notice of planned major maintenance (e.g. by on-site notice or email) and to schedule it outside peak usage where practicable, but the exact timing and duration of maintenance are not guaranteed and may vary.

You acknowledge and agree that such unavailability, interruption, or maintenance — whether announced or not — is not a breach of these Terms, is to be expected, and does not entitle you to any refund, credit, compensation, or claim, and that the operator is not liable for any loss (including missed trades or losses from your own decisions) arising from the Service being unavailable, delayed, or interrupted. For holders of a previously purchased Founder / Lifetime license, downtime or maintenance does not extend the license or create a refund right (their refund rights are the 14-day right of withdrawal in Section 7.2 and the pro-rata discontinuation refund in Section 7.1 — downtime itself adds no further right). During and after maintenance, data may be delayed or temporarily stale — always verify independently before trading.

5.2 Account Data, Security, Backups & Data Loss

The operator applies reasonable technical and organizational measures to protect account data (see the Privacy Policy) and maintains encrypted, off-site backups so the Service can be restored after an incident. However, no system, transmission, or storage method is 100% secure, and the operator does not guarantee that data can never be lost, corrupted, delayed, or accessed without authorization. You are responsible for keeping your own copies of anything important to you (for example, by exporting your trading journal, portfolios, or tax reports), since the Service is an analytical tool and not a system of record or a backup service.

Security incidents. If a personal-data breach occurs, the operator will handle it in accordance with applicable law (including, where the GDPR applies, notifying the competent supervisory authority and affected users as required). To the maximum extent permitted by law, the operator is not liable for loss, corruption, or unauthorized access to data, or for any downtime or data unavailability, caused by cyber-attacks, hacking, third-party providers, or other events beyond its reasonable control (see Section 15). Nothing here limits rights that cannot be excluded under mandatory data-protection or consumer law.

6. Disclaimer of Warranties & Limitation of Liability

"AS IS" / "AS AVAILABLE". The Service and all information, scores, model outputs, research scenarios, backtests, and materials are provided "AS IS" and "AS AVAILABLE", without warranties of any kind, whether express, implied, or statutory, including (without limitation) the implied warranties of merchantability, fitness for a particular purpose, accuracy, non-infringement, and uninterrupted or error-free operation. We do not warrant that any score, model output, or analysis will be profitable, accurate, complete, timely, or suitable for you.

No liability for trading or investment losses. TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE OPERATOR AND ITS SUPPLIERS SHALL NOT BE LIABLE FOR ANY TRADING LOSSES, INVESTMENT LOSSES, LOSS OF CAPITAL, LOST PROFITS, MISSED GAINS, TAX CONSEQUENCES, OR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES ARISING FROM OR RELATED TO YOUR USE OF — OR INABILITY TO USE — THE SERVICE, ANY DECISION YOU MAKE OR TRADE YOU PLACE IN RELIANCE ON IT, OR ANY ERROR, DELAY, OR INTERRUPTION IN THE DATA, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Liability cap. Where liability cannot be fully excluded, the operator's total aggregate liability to you for all claims arising out of or relating to the Service is limited to the greater of (a) the total amount you actually paid for the Service (including via our payment provider) in the twelve (12) months preceding the event giving rise to the claim, or (b) CZK 1,500 — or, where you paid in another currency, the equivalent of that amount in the currency in which you paid, converted at the rate applicable on the date of your most recent payment. The cap applies to claims for damages only. It does not cap, reduce, or delay the operator's obligation to refund payments under Sections 7, 7.1 and 7.2 (including the 14-day right of withdrawal), which is paid in full in the currency you paid. Your sole and primary remedy for dissatisfaction with the Service is to stop using it.

Mandatory-law carve-out. Nothing in these Terms — including the liability cap above — excludes or limits liability that cannot lawfully be excluded or limited. This includes, without limitation, liability for death or personal injury, for harm caused intentionally or by gross negligence (§ 2898 of the Czech Civil Code), for fraud or fraudulent misrepresentation, and any rights guaranteed to consumers under mandatory applicable law (including mandatory Czech and EU consumer-protection law, and the right of withdrawal in Section 7.2). In those cases liability is governed by law and is not subject to the cap. Where any limitation in this Section is held unenforceable, it applies to the maximum extent permitted, and the remainder stays in force.

6.1 No Advisory or Fiduciary Relationship

Use of the Service does not create any advisory, brokerage, fiduciary, agency, or confidential relationship between you and the operator. The operator is a software/analytics provider, not your investment adviser, broker, or fiduciary, owes you no duty of suitability or best interest, and does not know your personal financial circumstances. Any score, ranking, "strategy", or research scenario is a general, automated, model-based output — never a personalized recommendation to buy, sell, or hold any security.

6.2 Assumption of Risk & Release of Claims

You understand and agree that trading and investing in securities involves substantial risk, including the possible loss of your entire principal, and that your use of the Service and every trading or investment decision you make is solely at your own discretion and risk. You are solely responsible for your own decisions and for verifying all information independently.

To the maximum extent permitted by law, you irrevocably waive, release, and discharge the operator, its owners, contractors, and suppliers from any and all claims, demands, damages, and causes of action arising out of or relating to your trading or investment results, losses, or decisions made in reliance on the Service. You agree not to hold the operator responsible for any losses you incur. (This release does not affect mandatory consumer rights described in Section 6.)

6.3 Indemnification

To the maximum extent permitted by law, you agree to indemnify, defend, and hold harmlessthe operator, its owners, contractors, and suppliers from and against any claims, liabilities, damages, losses, and expenses (including reasonable legal fees) arising out of or related to (a) your use or misuse of the Service, (b) your violation of these Terms or any law, or (c) any trade or investment decision you make. This Section does not apply to claims to the extent they arise from the operator's own fraud or willful misconduct, or where indemnification is prohibited by mandatory law.

7. Subscription, Payments & Right of Withdrawal

Paid subscriptions (Starter and Elite, billed monthly or annually) are billed in advance on a recurring basis. You may cancel at any time; cancellation stops future renewals. Except as set out in Section 7.2 below (14-day right of withdrawal, which we honour for every paid plan), no refunds are provided for partial billing periods already started, and upon cancellation you retain access until the end of the current paid period.

Price and currency. Prices are displayed in Czech koruna (CZK) in the Czech-language version of the Service and in US dollars (USD) otherwise; you pay in the currency shown to you at checkout, and that stated price is the binding price for the billing period concerned. The price shown in the price list is the final price, inclusive of any applicable VAT or sales tax. No tax, surcharge, or fee is added on top of it at checkout — the total you confirm is the total you are charged. The seller is the operator, Jaroslav Vojtášek, Czech sole trader, IČO 48783447, who also issues the invoice. Card payments are processed on our behalf by Stripeas our payment service provider; Stripe processes the payment but does not become the seller. The subscription is a recurring payment that renews automatically for the same period until you cancel (see Section 7.3).

14-day right of withdrawal — HONORED (all paid plans). Although the Service is digital content supplied immediately, the operator honors the statutory EU 14-day right of withdrawal(Consumer Rights Directive 2011/83/EU; § 1829 of the Czech Civil Code) for every paid plan — subscriptions (Starter, Elite) and any one-time Founder / Lifetime license purchased while that plan was offered alike. Within 14 days of your purchase you may withdraw for a full refund of that payment, no reason required, by emailing [email protected]. We do not ask you to waive this right. Refunds are issued via our payment provider to your original payment method, usually within a few business days.

After the 14-day window. Once 14 days have passed: subscriptions are non-refundable for the billing period already started (cancelling simply stops future renewals, and you keep access until the end of the paid period); any previously purchased Founder / Lifetime license is covered by the pro-rata discontinuation refund in Section 7.1 if the Service is wound down. Beyond these, any further refund is at the operator's discretion.

7.1 Founder / Lifetime License — No Longer Available; Terms for Existing Licenses

The "Founder" (also referred to as "Lifetime") plan is no longer available and can no longer be purchased. This Section is retained because it governs licenses of that type acquired while the plan was still available; those licenses remain in force on the terms below, and nothing in this withdrawal reduces the rights of their holders.

Where such a license exists, it grants its holder access to the Service for the operational lifetime of the QMA service — i.e. for as long as the operator continues to provide the Service — and not for the natural life of the holder, nor as an unconditional or perpetual guarantee. It is personal and non-transferable (it may not be sold, shared, sublicensed, or assigned, including by inheritance, except at the operator's discretion).

Discontinuation of the Service. The operator may, for any reason (including death, incapacity, insolvency, or inability to continue operating), cease providing the Service. In that case:

• the operator will use reasonable efforts to give holders of such a license at least 30 days' advance notice by email where practicable;
• the license terminates when the Service ceases, with no liability for any amount beyond the refund described below;
• Pro-rata good-faith refund: if the Service permanently ceases within 12 monthsof the purchase, the operator will refund the unused portion of the purchase price on a straight-line basis (price × remaining days of that 12-month period ÷ 365). After 12 months the purchase price is deemed fully earned and no refund is due;
• holders obtain no ownership, equity, or claim in the operator, the software, or its assets.

This Section is the holder's sole and exclusive remedy in respect of discontinuation of the Service, and applies notwithstanding any general "lifetime" or "forever" wording used in any earlier public materials. In case of any conflict between such materials and this Section, this Section prevails.

7.2 Refund & Cancellation Policy

How to cancel. You may cancel a recurring subscription at any time from your account settings (or by emailing [email protected]). Cancellation stops future renewals; you keep access until the end of the current paid period. No further charges are made after cancellation.

EU 14-day right of withdrawal — honored for ALL paid plans. Consumers in the EU have a 14-day right to withdraw from a distance contract, and QMA honors it for every paid plan — subscriptions (Starter, Elite) and the one-time Founder / Lifetime plan alike. Within 14 days of purchase you may withdraw for a full refund of that payment, no reason required, by emailing [email protected]. We do not ask you to waive this right (see Section 7). Refunds are issued via our payment provider to your original payment method.

After 14 days. Subscriptions are then non-refundable for the current billing period (cancelling stops future renewals); the Founder / Lifetime plan is covered by the pro-rata discontinuation refund in Section 7.1. Beyond these, further refunds are at the operator's discretion.

7.3 Billing Period, Automatic Renewal & Price Changes

Billing period. A paid subscription is entered into for the billing period you select when ordering (monthly or annual). The first payment is due when you place the order, and each subsequent payment falls due at the beginning of the following billing period.

Automatic renewal. At the end of each billing period the subscription automatically renews for a further period of the same length, and the payment is automatically charged to the payment method you provided, and it continues to do so until you cancel. You may cancel at any time in your account settings (or by emailing [email protected]); cancellation stops future renewals, your access remains until the end of the period already paid for, and no further charge is made after cancellation.

Price changes. The operator may change the price of a subscription for the future. In that case the operator will inform you reasonably in advance (by email or by notice in the Service) before the new price takes effect. A price change never affects a billing period already paid for; it applies only from the next renewal onwards. If you do not agree with the new price, you may cancel before that renewal takes effect.

Trial period. A trial period may be offered; its current length is stated in the Service and at checkout. When a trial ends, the account converts to the free tier and no automatic payment is taken unless you actively order a paid plan.

8. Acceptable Use

You agree NOT to:

• Scrape or systematically download data from the Service
• Reverse engineer our algorithms or scoring methods
• Resell or redistribute data obtained from the Service
• Share your account credentials with others
• Use the Service to spam, harass, or defraud others

9. Privacy

Your use of the Service is also governed by our Privacy Policy. We collect and process personal data in accordance with applicable data protection laws (GDPR, CCPA).

10. Changes to Terms

These Terms may need to be updated over time — for example to reflect changes in the Service, in the providers used to operate it, or in applicable law. The operator will inform users of any material change in advance (by notice in the Service or by email) before the change takes effect, and the updated version is published on this page with a new "Last Modified" date.

If you do not agree with a change, you may cancel your subscription before the change takes effect (see Section 7.3); cancellation stops future renewals and your access remains until the end of the period already paid for. By continuing to use the Service after the change takes effect, you express your agreement with the updated Terms. A change never applies retroactively to a billing period already paid for, and does not affect rights and obligations that have already arisen.

11. Governing Law

These Terms are governed by the laws of the Czech Republic, and disputes are resolved by the courts of the Czech Republic. This does not deprive a consumer of the protection of mandatory provisions of the law of their country of habitual residence, nor of the right to bring proceedings before, or be sued only in, the courts of that country where mandatory law so provides (see Section 21).

12. Service Operator (Provozovatel)

The operator is established in the Czech Republic and is not a registered investment advisor, broker-dealer, or financial institution under any jurisdiction. All purchases are sold and invoiced by the operator, Jaroslav Vojtášek, IČO 48783447 acting as the seller; the operator’s full legal identity, address and contact details are shown at checkout and on the invoice, and any applicable taxes are handled in accordance with the law applicable to the operator.

13. Intellectual Property, Trade Secrets & Acceptable Use

All content, software, scoring methodology, strategy logic, model weights, the compiled database, rankings, model outputs, charts, text, and design on the Service are the exclusive intellectual property of Quantum Market Analyzer (QMA) and are protected by copyright, trade-secret, and (within the EU) the sui generis database right. The proprietary methodology, parameter values, scoring weights, and data-pipeline logic are confidential trade secrets disclosed to you solely for your own personal use.

You may NOT:

• Scrape, crawl, harvest, or use automated means to access or extract data, scores, or model outputs from the Service;
• Reverse-engineer, decompile, or attempt to derive the underlying methodology, weights, formulas, or source code;
• Copy, redistribute, resell, sublicense, publish, or share the Service's data, scores, model outputs, or strategy rules with any third party;
• Use the Service's output to build, train, or operate a competing or derivative product, dataset, or model;
• Extract a substantial part of the database (EU Database Directive 96/9/EC) or perform repeated systematic extraction of insubstantial parts;
• Share, sell, or transfer your account or access credentials.

"QMA" and "Quantum Market Analyzer" are trademarks of the operator. We reserve all rights not expressly granted. Violation of this section is a material breach permitting immediate termination without refund (subject to the mandatory rights preserved in Sections 6, 7.2 and 17) and may result in legal action, including claims for injunctive relief and damages.

14. Language / Jazyk (Governing Version)

These Terms are provided in English and Czech, which are the authoritative and legally binding versions. Any translation into another language (Spanish, German, French, Arabic, Portuguese, Chinese, Hindi, Russian, etc.) is provided for convenience only. In the event of any discrepancy or conflict between language versions, the English version prevails; for consumers habitually resident in the Czech Republic, the Czech version prevails to the extent required by mandatory Czech consumer-protection law.

Tyto podmínky jsou poskytovány v angličtině a češtině, které jsou závaznými zněními. Překlad do jiných jazyků slouží pouze pro pohodlí. V případě rozporu mezi jazykovými verzemi platí anglické znění; pro spotřebitele s obvyklým bydlištěm v České republice má v rozsahu kogentních ustanovení přednost česká verze.

15. Force Majeure, Severability & Entire Agreement

Force majeure. The operator is not liable for any failure, delay, interruption, degradation, or data loss caused by events beyond its reasonable control, including (without limitation): war, armed conflict, invasion, terrorism, civil unrest, sanctions or embargoes; cyber-attacks, hacking, ransomware, malware, denial-of-service attacks, or data breaches; failure, outage, or destruction of servers, data centers, hardware or networks (including fire, flood, or physical damage); failures of third-party data, hosting, AI, or payment providers; power, internet, or telecommunications failures; pandemic or epidemic; strikes or labor disputes; and acts of government, regulators, or courts.During a force-majeure event the operator's obligations are suspended for its duration; the operator will use reasonable efforts to restore the Service (including from backups) but does not guarantee the timing or completeness of any recovery, and such events do not entitle you to a refund except as required by mandatory law or expressly stated in Section 7.1. If any provision of these Terms is held invalid or unenforceable, the remaining provisions remain in full effect and the invalid provision is applied to the maximum extent permitted. These Terms (together with the Privacy Policy) constitute the entire agreement between you and the operator regarding the Service and supersede any prior understanding. Failure to enforce a provision is not a waiver of it.

16. Eligibility & Account Registration

You represent and warrant that you are at least 18 years old (or the age of majority in your jurisdiction), have the legal capacity to enter into these Terms, are not located in, resident of, or accessing the Service from a country or territory subject to comprehensive sanctions, and are not on any government restricted-party or sanctions list (including U.S. OFAC and EU consolidated lists). You agree to provide accurate, current registration information, to keep it up to date, to maintain only one account per person unless expressly authorized, and you are solely responsible for safeguarding your credentials and for all activity under your account.

International users & local law. The Service is operated from the Czech Republic and is not tailored to the laws of every country. It may not be available, appropriate, or lawful in all jurisdictions. You access the Service on your own initiative and are solely responsible for complying with the laws applicable to you, including local securities, tax, and consumer rules. The operator makes no representation that the Service or its content is appropriate or available for use in any particular location.

17. Suspension, Termination & Chargebacks

The operator may suspend, restrict, or terminate your access — in whole or in part, with or without notice — for any reason, including suspected breach of these Terms, abuse, unlawful or fraudulent activity, non-payment, or a payment chargeback/reversal. Where access is terminated for your breach, no refund is due — save that this does not remove the statutory 14-day right of withdrawal in Section 7.2, nor any other right that cannot lawfully be excluded (see Section 6). You agree to raise any billing dispute with the operator (or with our payment provider) before initiating a chargeback; initiating a fraudulent or unjustified chargeback is a material breach that may result in immediate termination and recovery of associated costs. You may stop using the Service at any time; cancellation of recurring plans is handled per Section 7.

18. Assignment & Business Continuity

The operator may assign, transfer, or delegate these Terms and the operation of the Service (in whole or in part) to a successor, affiliate, or acquirer — for example as part of a sale, reorganization, merger, or to ensure continuity of operations — without your consent, provided your rights are not materially diminished. You may not assign or transfer your account or these Terms without the operator's prior written consent.

19. Feedback

If you send the operator suggestions, ideas, or feedback about the Service, you grant the operator a perpetual, irrevocable, worldwide, royalty-free license to use, modify, and incorporate it without restriction or compensation, and you waive any claim of ownership over features the operator develops, whether or not similar to your feedback.

20. Electronic Communications & Notices

You consent to receive communications from the operator electronically (email and in-app messages), and you agree that electronic communications satisfy any legal requirement that a communication be in writing. Service, security, and transactional emails are part of the Service; marketing emails can be unsubscribed at any time. Legal notices to the operator must be sent to [email protected].

21. Dispute Resolution

Before bringing any claim, you agree to first contact the operator at [email protected] and attempt to resolve the dispute informally for at least 30 days. Czech consumers have the right to out-of-court settlement of consumer disputes via the Czech Trade Inspection Authority (Česká obchodní inspekce, ČOI), Štěpánská 567/15, 120 00 Praha 2, coi.cz (adr.coi.cz). Consumers in the EU may also use the European Commission's Online Dispute Resolution platform at ec.europa.eu/consumers/odr. Nothing in these Terms deprives a consumer of the protection of mandatory provisions of the law of their country of habitual residence, or of the right to bring proceedings before their local courts where that right cannot lawfully be waived.

22. Survival

The provisions that by their nature should survive termination — including Sections 3, 3.1, 5, 5.1, 6, 6.1, 6.2, 6.3 (disclaimers, limitation of liability, assumption of risk & release, indemnification), 7.1, 13 (intellectual property), 11 (governing law), and Sections 14–22 — survive the termination or expiry of your account or these Terms.