Please read these terms carefully before using Blackfeed. By accessing or using this platform you agree to be bound by these terms in their entirety.
By creating an account or accessing Blackfeed ("the Platform", "we", "us"), you agree to these Terms of Service ("Terms"). If you do not agree, you may not use the Platform. These Terms constitute a legally binding agreement between you and Blackfeed.
You must be at least 18 years old and legally permitted to enter contracts in your jurisdiction. By using the Platform you represent that you meet these requirements.
You are solely responsible for maintaining the security of your account credentials. You agree to notify us immediately at support@blackfeed.io of any unauthorized use. We are not liable for losses resulting from unauthorized access caused by your failure to protect your credentials.
The Platform is provided for personal research, analysis, and investment decision-support purposes only. You may not:
We reserve the right to modify these Terms at any time. We will provide notice via the Platform or email at least 14 days before material changes take effect. Continued use after that date constitutes acceptance.
Blackfeed uses large language models (LLMs) and machine learning algorithms to classify news events, assess sentiment, and generate trade signals. These systems:
Nothing on the Platform constitutes financial, investment, legal, or tax advice. All signals, scores, alerts, and analyses are provided "as-is" for informational purposes only. You should consult a licensed financial advisor, attorney, or tax professional before making any investment decision.
AI analysis features consume compute credits. Usage limits apply per subscription tier. Blackfeed reserves the right to throttle or suspend AI features for accounts exceeding plan limits or engaging in patterns consistent with API abuse.
The AI Event Miner automatically discovers market-moving events from public sources. Events are drafted by AI and may require human review before acting on them. Events marked "DRAFT" have not been verified by a human analyst.
Paper trading features simulate order execution using real market data but involve no real money. Simulated results are provided for educational and strategy-testing purposes only. Paper trading performance:
The Time Machine feature allows replay of historical market conditions for strategy testing. Historical performance is not indicative of future results. Simulated results using past data suffer from look-ahead bias and survivorship bias inherent in backtesting. All Time Machine results are hypothetical.
When you connect a live brokerage account, real money orders may be submitted on your behalf. You acknowledge:
Auto-rules and strategy automation may submit orders without manual confirmation. You are solely responsible for reviewing, enabling, and disabling automation rules. Blackfeed is not liable for losses resulting from automated trading activity.
U.S. regulations require a minimum account equity of $25,000 to engage in pattern day trading (4+ day trades in 5 business days). The Platform will display PDT warnings but cannot enforce account minimums. Compliance with PDT rules is your sole responsibility.
Advisor Mode ("AM") is a platform feature that enables eligible subscribers to link and execute trades on Alpaca accounts belonging to third parties ("clients"), with those clients' explicit consent. Blackfeed provides technology infrastructure only — it is not a party to the advisor-client relationship.
By using Advisor Mode features, you represent and warrant that:
Where the Platform facilitates advisor compensation through Stripe, you agree to:
Blackfeed charges a platform fee on advisor-facilitated transactions as disclosed at subscription. Blackfeed is not a party to fee agreements between advisors and their clients.
Client API keys stored through Advisor Mode are encrypted at rest. You must not share access to the Platform with clients or use client credentials outside the Platform. Any breach must be reported to us immediately.
You may remove client accounts at any time. Upon termination of your subscription, all linked client account connections will be severed and API keys will be deleted from our systems within 72 hours.
All investments involve risk. Securities prices can and do decline. Past performance is not indicative of future results. No strategy or analytical tool eliminates market risk.
Trade signals generated by Blackfeed's strategies are based on historical patterns and statistical models that may fail to perform in future market conditions. Over-reliance on algorithmic signals without human judgment is inadvisable.
Trading on margin or with leverage magnifies both gains and losses. Leveraged losses can exceed your initial investment. Options trading carries unique risks including the possibility of losing the entire premium paid.
Short selling involves theoretically unlimited loss potential. A margin account with sufficient equity is required. Short squeeze events can cause rapid, severe losses.
Platform outages, data feed failures, API connectivity issues, or algorithmic errors could result in missed orders, duplicate orders, or incorrect signals. You should maintain independent monitoring of all active positions.
We collect account information (email, company name), usage activity (with your opt-in consent), and trading configuration data. We do not sell your personal data to third parties.
Events, insider trade records, watchlists, annotations, and other content you create are stored in your tenant's isolated database partition. Data is logically separated by tenant.
The Platform integrates with:
Optional activity tracking records your page views and feature usage to improve the Platform. This is opt-in and can be disabled at any time from account settings. We do not use activity data for advertising targeting.
Upon account cancellation, your data is retained for 90 days for recovery purposes, then permanently deleted. Alpaca API keys are deleted within 72 hours of subscription termination.
Blackfeed offers tiered subscription plans as described on the billing page. Features available at each tier are subject to change with 30 days notice.
Subscriptions renew automatically unless cancelled before the renewal date. You may cancel at any time from your account settings. Cancellation takes effect at the end of the current billing period — no partial refunds are issued except where required by law.
We will provide 30 days notice before increasing subscription prices. Continued use after the effective date constitutes acceptance of the new price.
Refunds are issued at our discretion. Where a material platform failure caused significant service unavailability, pro-rated credits or refunds may be issued. Contact billing@blackfeed.io.
Failed payment will result in a grace period of 3 days, after which access will be downgraded to free tier. AI features and live trading will be suspended until payment is resolved.
THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, OR NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE OF HARMFUL COMPONENTS.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, BLACKFEED AND ITS OFFICERS, DIRECTORS, EMPLOYEES, AND AGENTS SHALL NOT BE LIABLE FOR:
IN NO EVENT SHALL OUR AGGREGATE LIABILITY EXCEED THE GREATER OF (A) $100 USD OR (B) THE AMOUNT YOU PAID US IN THE 3 MONTHS PRECEDING THE CLAIM.
You agree to indemnify and hold harmless Blackfeed from any claims, losses, damages, or expenses (including legal fees) arising from: (a) your use of the Platform; (b) your violation of these Terms; (c) your violation of any applicable law; or (d) any trading activity conducted through your account.
These Terms are governed by the laws of the State of Delaware, USA. Any dispute arising from these Terms shall be resolved by binding arbitration administered by the American Arbitration Association, except that either party may seek injunctive relief in a court of competent jurisdiction. You waive any right to a jury trial or class action.
If any provision of these Terms is found to be unenforceable, the remaining provisions will continue in full force and effect.