Terms of Use

Effective October 19, 2026

Short version. Lowdraft is software, not investment advice. You make every investment decision and you bear all the risk. Please read the whole page.

These Terms are an agreement between you and Lowdraft (“Lowdraft,” “we,” “us”). By joining the waitlist, creating an account or using the service, you agree to them. If you do not agree, do not use the service.

1. Who may use Lowdraft

You must be at least 18, legally able to enter a contract, and a resident of the United States. You may use the service only with accounts that you own or are legally authorized to manage. You may not use it to manage other people’s money for a fee unless you are licensed to do so and we have agreed in writing.

2. What Lowdraft is

Lowdraft provides software for research, back-testing, portfolio analysis and rule-based rebalancing plans. A “Keel” is a set of rules that you create, choose or edit. Lowdraft runs your rules and shows the results. We are not an investment adviser, broker-dealer, bank, exchange or tax adviser, and we do not provide personalized investment, legal, tax or accounting advice.

3. No advice and no recommendations

Nothing in the service or on our website is an offer to buy or sell any security, or a recommendation or opinion that any security, strategy or Keel is suitable for you. Templates, examples, AI output, rankings, signals, alerts and rebalance plans are generic information produced by rules and calculations. They are not tailored advice. You make every investment decision and you are solely responsible for it. Talk to a qualified professional before you invest.

4. You bear all risk

Investing involves risk, including loss of principal. Past performance, real or simulated, does not predict future results. You accept all risk of loss that comes from your use of the service, including losses caused by market movements, your Keel’s rules or settings, delayed, missing, wrong or incomplete data, software errors, connectivity or broker failures, order rejections or partial fills, and decisions made from information in the service. You are responsible for checking every order, trade and plan before you rely on it.

5. No guarantees

The service, data, back-tests, signals and all content are provided “as is” and “as available.” We make no promise that the service will be uninterrupted or error free, that data will be accurate, complete or timely, that results will match any back-test, or that any order will be placed or filled as expected. To the fullest extent the law allows, we disclaim all warranties, express or implied, including merchantability, fitness for a particular purpose, accuracy and non-infringement.

6. Hypothetical and back-tested results

Results shown by the service are hypothetical. They use historical data and simplifying assumptions, are prepared with hindsight, may be fitted to the past, and do not reflect actual trading. Costs, slippage, taxes, delays and data errors reduce real results. See the Hypothetical Performance Disclosure.

7. Your Keels, indicators and content

You own the Keels, rules, files and data you create or upload (“Your Content”). You grant us a limited, worldwide, non-exclusive license to host, copy, process, run and display Your Content as needed to operate the service for you, and to create anonymous, aggregated statistics. You confirm that you own, or have all rights and licenses needed to use, everything you upload or enter, including any indicator, script, code, data or strategy from another person or platform. Do not upload protected, encrypted, invite-only or confidential scripts or data that you are not allowed to copy or share. We may remove content that we believe breaks these Terms or the rights of others. Indicators and signals that you bring may not match their original platform exactly, and we make no promise that they will.

8. AI features

Where the service offers AI features, AI output can be wrong, incomplete, out of date or unsuitable. It is not advice. Any Keel or change that AI suggests is a draft for you to review and test. We do not promise that an AI-built or AI-suggested Keel will perform well or better than another Keel. Do not enter confidential information that you do not want processed by AI service providers.

9. Brokers, data and third parties

The service may connect to your broker or to data providers through their own interfaces. Their services and terms apply to you, and we do not control them. We never take custody of your funds or securities. You are responsible for your broker accounts, keys, permissions and security, and for any orders sent from your accounts, including orders sent by automation you switch on. Market data is for your own use, may not be redistributed, and is subject to the data provider’s terms. Names of other companies and platforms are trademarks of their owners, are used only to describe compatibility, and do not imply a partnership or endorsement.

10. Your responsibilities

You will provide accurate information; keep your login and keys secure; use limits and confirmations that the service offers; check that your settings match your intent before you trade; follow the law, including tax and reporting rules; and not misuse the service. You will not scrape or copy the service, resell or share data or results, probe or disrupt it, reverse engineer it, use it for market manipulation, or use it to break any law or any third party’s rights.

11. Fees

Paid plans, prices, billing periods and refund rules are shown at checkout and may change with notice. Prices shown on the website are targets and are not an offer. We do not charge a share of profits or a percentage of assets.

12. Limitation of liability

To the fullest extent the law allows, Lowdraft and its owners, officers, employees, contractors and suppliers are not liable for any indirect, incidental, special, consequential, exemplary or punitive damages, or for lost profits, lost savings, lost trading opportunities, trading or investment losses, or loss of data, however caused and under any theory, even if we were told that such losses were possible. Our total liability for all claims relating to the service is limited to the greater of $100 or the amount you paid us in the 12 months before the claim arose. Some places do not allow some of these limits, so they apply only as far as the law permits.

13. Indemnity

You will defend, indemnify and hold harmless Lowdraft and its owners, officers, employees and suppliers from claims, losses, damages and costs (including reasonable legal fees) arising from your use of the service, Your Content, your Keels, your trades and orders, your breach of these Terms, or your breach of anyone’s rights or any law.

14. Governing law and disputes

These Terms are governed by the laws of the State of Florida, without regard to conflict-of-law rules. Any dispute that we cannot settle informally will be brought in the state or federal courts located in Miami-Dade County, Florida, and you agree to those courts’ jurisdiction.

15. Suspension and termination

You may stop using the service at any time. We may suspend or end access if you break these Terms, create risk or legal exposure for us or others, or if we stop offering the service. Sections that by their nature should continue (including risk, disclaimers, liability, indemnity and disputes) survive termination. Termination does not cancel any order already placed at your broker.

16. Changes

We may update these Terms. For material changes we will give notice by email or in the service. Using the service after the effective date of a change means you accept it.

17. General

These Terms and the policies they link to are the entire agreement between you and us. If a provision is unenforceable, the rest stays in force. You may not assign these Terms; we may. Our failure to enforce a right is not a waiver.

18. Contact

To reach us, reply to any email we send you. Until we publish a support address, you can also use the waitlist form on the home page and say what you need in your message to us.