Terms and Conditions
Last updated: 2026-05-26. Read the Markets operates Read the Markets (the “Service”) from United Kingdom.
1. Acceptance
By creating an account or otherwise using the Service you agree to these Terms and to the Privacy notice and Disclaimer. If you do not agree, do not use the Service.
2. The Service
Read the Markets provides a macro-strategy dashboard with curated market data, news, and AI-generated commentary on public market data (strategic log, indicator summaries, and a follow-up chat grounded on those reads). It also includes a browser-only portfolio composition viewer: CSVs you upload are parsed in your browser and used to compute neutral statistics (weights, sector / currency / concentration breakdown). Your holdings stay in your browser; they are not sent to or stored on the server, and the Service does not produce AI commentary on them.
Nothing produced by the Service is investment advice. See the Disclaimer for the full position.
3. Accounts & authentication
- Accounts are tied to a working email address. Authentication is by one-time codes sent to that address — no passwords.
- You are responsible for the security of the email inbox you sign up with. Anyone with access to that inbox can sign in.
- One account per person. Do not share accounts or sign in on behalf of someone else without their explicit permission.
- You may delete your account at any time by writing to hello@read.markets.
4. Acceptable use
You agree not to:
- Use automated tools to scrape, mirror, or repackage the Service or any of its data, including market data and AI-generated commentary, without prior written permission.
- Use the Service, or any of its output, to ingest, train, fine-tune or evaluate any machine-learning model without prior written permission.
- Abuse the one-time-code (OTP) system, including by submitting emails you do not control.
- Attempt to bypass authentication, paid-tier gating, or rate limits.
- Use the Service in any way that could damage, disable, overburden, or impair it.
- Use the Service to harass, defame, or threaten any person.
- Reverse engineer, decompile, or otherwise extract source code, except where applicable law expressly permits it.
- Use the Service in a way that is unlawful in your jurisdiction.
5. Paid plans
Paid plans are not currently available; the Service is offered to signed-in users at no cost while the subscription system is paused. Sections 5 and 6 (paid plans and refunds) are retained for reference and will apply again if subscriptions resume; their terms are not in force at the moment.
6. Refunds
14-day cooling-off period (UK / EU consumers). The Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 give consumers a 14-day right to cancel digital service contracts. We honour this right in different ways depending on your billing cadence.
1a. Annual subscriptions. Every new annual subscription begins with a 14-day free trial. No payment is taken during the trial; cancel any time before the trial ends and you are not charged. This is offered as a substitute for, and is at least as generous as, the statutory 14-day refund right. After the trial ends and the first payment is taken, the rules in paragraph 2 below apply.
1b. Monthly subscriptions. Monthly subscribers receive immediate access to paid features at checkout and are billed on day one. Before you can start a monthly subscription you must tick a required consent box on the pricing page in which you (i) agree to these Terms, (ii) give express consent to begin performance immediately, and (iii) acknowledge that, under Regulation 36 of the Consumer Contracts Regulations 2013, doing so extinguishes your statutory 14-day right to cancel in respect of digital content already delivered. The rules in paragraph 2 below apply from the first day.
Cancellation after the cooling-off window. You can cancel a paid subscription at any time. Cancellation takes effect at the end of the current billing period; we do not pro-rate refunds for the unused portion of a period you have already started, unless a separate paragraph below applies.
Termination by us without fault on your part. If we terminate or materially reduce a paid feature for reasons that are not a breach by you (including a service shutdown), we will refund the unused portion of any prepaid fees on a pro-rata basis. The same applies under clause 8 if we terminate for a breach you did not cause, and under clause 11 if you close your account because you do not accept a material change to these Terms.
Service faults. Nothing in this clause limits your statutory rights as a UK consumer under Part 1 of the Consumer Rights Act 2015. If a paid feature is not supplied with reasonable care and skill, you may be entitled to a repeat performance or a price reduction (which can be a full refund) under that Act.
How to request a refund. Email hello@read.markets from the address tied to your account, with the order reference if you have one. We aim to acknowledge within 5 working days. Refunds are returned to the original payment method and typically arrive within 14 days of approval, subject to your bank’s processing time.
Referral credits and any other non-cash credits applied to your account are not refundable for cash.
7. Service availability
The Service is provided on a best-effort basis. There is no service level agreement: outages, data delays, and feature changes may occur without notice. Scheduled and unscheduled downtime is possible.
8. Content & ownership
The Service’s code, design, indicator selection, and prompts are owned or licensed by Read the Markets. To the extent any copyright subsists in the AI-generated commentary under UK law, it vests in or is licensed to Read the Markets. Market data is sourced from third parties (e.g. Yahoo Finance and public RSS feeds); their respective rights apply. You may view, save, and quote short excerpts for personal use; you may not republish or redistribute substantial portions, or use the Service’s output to train machine-learning models, without prior written permission.
Any portfolio CSV you upload remains your data. The portfolio feature is browser-only: CSVs are parsed in your browser, the resulting pie is kept in your browser’s local storage, and nothing about your holdings is sent to or stored on the server (see the Privacy notice).
9. Suspension & termination
We may suspend or terminate access without notice for violation of these Terms or for activity that risks the integrity, security, or legality of the Service. You may stop using the Service at any time.
For paid subscribers, suspension for suspected breach will, where reasonably practicable, be preceded by notice and an opportunity to respond, unless immediate suspension is necessary to protect the Service, its users, or any third party. If we terminate a paid subscription for a breach you did not cause, we will refund the unused portion of any prepaid fees on a pro-rata basis (see clause 6).
10. No warranty
The Service is provided “as is” and “as available”, without warranties of any kind, express or implied, including merchantability, fitness for a particular purpose, accuracy, and non-infringement, to the maximum extent permitted by law.
11. Limitation of liability
To the maximum extent permitted by law, Read the Markets is not liable for any indirect, incidental, special, consequential, or punitive damages, or for any investment loss or missed gain, arising from your use of the Service. Subject to the carve-outs below, the total aggregate liability of Read the Markets to you for any claim is capped at the greater of (a) the fees you have paid in the 12 months immediately preceding the claim, or (b) GBP 50.
Nothing in these Terms limits or excludes liability that cannot lawfully be limited or excluded, including (i) death or personal injury caused by negligence, (ii) fraud or fraudulent misrepresentation, (iii) for consumers, any statutory rights under Part 1 of the Consumer Rights Act 2015 (including the right to services performed with reasonable care and skill), and (iv) any other liability that cannot be excluded under applicable mandatory law in your country of residence.
If you are a consumer, the cap in the first paragraph of this clause does not apply to claims for direct losses arising from a breach of those statutory rights, which remain at the level the law requires.
12. Changes
These Terms may change. Material changes will be flagged in-app or by email. Continued use after a change means you accept the updated Terms. If you do not accept a material change, you may close your account before the change takes effect; we will refund any prepaid fees for the unused period.
13. Governing law and jurisdiction
These Terms are governed by the laws of England and Wales. Subject to any mandatory law of the consumer’s country of residence, the courts of England and Wales have non-exclusive jurisdiction over any dispute. UK consumers may also bring proceedings in the courts of the part of the United Kingdom in which they are habitually resident.