Terms of Service

Last updated: 9 August 2026

Welcome to My PaperTrader. These terms are a contract between you and Venkat Praveen ("we", "us"), the operator of mypapertrader.com. By creating an account or using the service, you agree to them. Please read the section on "This is not financial advice" carefully — it is the most important part.

1. What My PaperTrader is

My PaperTrader is an educational trading simulator. You get a balance of virtual money and can practise buying and selling real, publicly listed stocks and ETFs at market prices, trade simulated options, use simulated margin, run historical "what-if" scenarios, and let an AI agent manage a simulated portfolio on your behalf.

Everything in My PaperTrader is a simulation:

• No real money is ever involved. You cannot deposit funds, withdraw funds, or lose real money.
• We are not a broker, dealer, bank, exchange, or investment adviser, and we are not registered as any of those.
• No trade you place here reaches a real market. Nothing you do on My PaperTrader results in an actual securities transaction.
• Your virtual balance has no monetary value, cannot be redeemed, transferred, or exchanged for anything, and may be reset or adjusted.

2. This is not financial advice

This section matters more than any other.

• Nothing in My PaperTrader is investment advice, financial advice, a recommendation, a solicitation, or an offer to buy or sell any security.
• The service includes AI-generated content — including per-stock analysis with a "lean" (bullish/bearish/neutral), a daily market brief, and an automated portfolio agent that makes simulated trading decisions. This content is generated by software, may be wrong, may be incomplete, and may be based on inaccurate or outdated information. It is provided to help you learn how markets and analysis work, not to tell you what to do with real money.
• Past performance does not predict future results. Where we show measured historical statistics (for example, how a stock behaved after similar past price moves), these describe the past only. They are not forecasts.
• No AI, model, or strategy can guarantee gains. Any simulated profit you make here says nothing about what would happen with real money in real markets, where execution, liquidity, fees, taxes, slippage, and emotion all apply.
• Do not make real financial decisions based on My PaperTrader. If you want advice about your actual money, speak to a qualified, licensed financial professional who knows your circumstances.

3. Market data

Market data (prices, historical charts, company information, news) is supplied by third-party providers. It may be delayed, interrupted, incomplete, or inaccurate. We do not independently verify it and we make no warranty as to its accuracy or timeliness. Option premiums shown in My PaperTrader are not live market quotes — they are estimated by a pricing model from the underlying price and estimated volatility, and are clearly labelled as such in the app.

4. Your account

• You must be at least 18 years old to create an account.
• You must give an accurate email address and keep your login credentials secure. You are responsible for activity under your account.
• One person, one account. Do not create accounts to evade limits, bans, or usage caps.
• You may delete your account at any time from Settings. Deletion is permanent and removes your data as described in the Privacy Policy.

5. Acceptable use

Don't:

• attempt to access other users' data, or bypass authentication, authorisation, or rate limits;
• scrape, resell, or redistribute market data obtained through the service;
• automate, script, or otherwise abuse the service in ways that impose unreasonable load or cost on us (in particular, the AI features cost us real money per request and are rate-limited);
• reverse engineer, interfere with, or attempt to disrupt the service;
• use the service for anything unlawful, or present it to others as real trading or real investment advice.

We may suspend or terminate accounts that break these rules, or that create risk or disproportionate cost for us or other users.

6. Availability and changes

The service is provided on an "as available" basis. We may change, suspend, or discontinue any part of it — including features, virtual balances, limits, and the AI agent — at any time, with or without notice. We may reset simulated data. We do our best to avoid disruption but we do not promise uninterrupted service.

7. Paid features

Some features may require payment. If and when they do, pricing and billing terms will be presented to you before you pay, and those terms will form part of this agreement. Virtual money is never sold. Payment, where it exists, is for access to features and functionality — not for simulated currency.

8. Your content

Notes, journal entries, and other content you create remain yours. You grant us only the limited permission needed to store, process, and display that content back to you in order to operate the service. We do not claim ownership of it and we do not sell it.

9. Our content

The My PaperTrader software, design, branding, and original content are ours and are protected by intellectual property law. You may use the service, but you may not copy, resell, or create competing products from it.

10. No warranty

The service is provided "as is" and "as available", without warranties of any kind, express or implied, including fitness for a particular purpose, accuracy, or non-infringement. We do not warrant that the service will be error-free, uninterrupted, secure, or that any content — including AI-generated content and market data — is accurate or reliable.

11. Limitation of liability

To the maximum extent permitted by law:

• We are not liable for any investment or financial decision you make, whether or not influenced by anything you saw in My PaperTrader.
• We are not liable for indirect, incidental, special, consequential, or punitive damages, or for lost profits, lost data, or lost opportunity.
• Our total aggregate liability to you for any claim relating to the service is limited to the greater of the amount you have paid us in the twelve months before the claim, or USD $50.

Some jurisdictions do not allow certain limitations; where that applies, these limits apply only to the extent permitted.

12. Indemnity

You agree to indemnify and hold us harmless from claims arising out of your misuse of the service or your breach of these terms.

13. Changes to these terms

We may update these terms. If we make material changes we will take reasonable steps to notify you (for example, by email or an in-app notice). Continuing to use the service after changes take effect means you accept them.

14. Governing law

These terms are governed by the laws of the State of Texas, United States, without regard to conflict-of-law rules. You and we agree that the state and federal courts located in Texas have exclusive jurisdiction over any dispute arising from these terms or your use of the service.

15. Contact

Questions about these terms: support@mypapertrader.com

⚠️ Draft status: This document was prepared for a free, pre-revenue educational product and has not been reviewed by a lawyer. Before charging money, launching widely, or operating in additional jurisdictions, have a qualified attorney review it — particularly the sections on AI-generated analysis, which sit near financial-advice regulation in several jurisdictions.