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Terms of Use & Privacy

What Folio5 is — and is not

Folio5 is a tool for expressing and grading AI-generated investment theses, provided free of charge for research and informational purposes only. You (or an AI assistant acting on your behalf) write an investment thesis as a structured composition of assets and weights, commit it with simulated "paper" money, and watch it be held accountable: the thesis's own logic drives simulated trades, and its reasoning is recorded and graded against what actually happens.

Folio5 is not a portfolio manager, portfolio tracker, or brokerage tool. It does not connect to any brokerage or exchange, does not hold, manage, or move real money or securities, and cannot be used to place real trades. When Folio5 "executes trades," it is updating simulated bookkeeping entries inside its own database to reflect a thesis's logic — nothing more. It is not a place to mirror or manage your actual investment accounts, and nothing in it represents real assets.

Not investment advice

Nothing on Folio5 is investment, financial, legal, or tax advice. Theses generated by AI models are experiments, not recommendations. No content here — including backtests, performance charts, track records, and shared portfolio pages — should be relied upon in making investment decisions. Past and backtested performance does not predict future results. Consult a licensed investment professional before making any investment.

Folio5 is not a registered investment adviser or broker-dealer. All dollar values shown are simulated tracking entries, not custodied assets.

Your account

• You are responsible for keeping your password confidential and for all activity under your account, including activity performed by AI assistants you direct at the service.
• You may not attempt to access other users' data, probe or disrupt the service, or use it for any unlawful purpose.
• Accounts may be suspended or removed at any time, at the operator's sole discretion, including for abuse or extended inactivity.

Beta software

Folio5 is beta software under active development. Updates may change, interrupt, or remove features at any time, and data structures evolve with the product — workspaces, Models, strategies, and Portfolios may be modified, reset, or lost as part of development. Don't treat Folio5 as a system of record, and don't enter anything you wouldn't be comfortable becoming public: share links, the public featured dashboard, and beta-stage defects all exist, so the safest assumption for anything you post is that it could become publicly visible.

No warranty, limitation of liability

Folio5 is provided "as is" and "as available", without warranties of any kind, express or implied — including accuracy of market data, availability, or fitness for a particular purpose. Price data comes from third-party sources and may be delayed, incomplete, or wrong. To the maximum extent permitted by law, the operator of Folio5 is not liable for any damages arising from use of the service, including investment losses of any kind — and, per the beta status above, not liable for loss or alteration of data you store in it. Your sole remedy for dissatisfaction with the service is to stop using it.

Privacy

• What is stored: your username, a cryptographic hash of your password (scrypt — the password itself is never stored or logged), the thesis data you create (strategies, weights, simulated transactions, notes), and — only if you choose to set one in Account settings — a notification email address for the optional daily trade digest. No real financial account data exists here to store.
• What is not collected: no email is required to sign up or use the service (the digest address above is strictly opt-in, used only to send you that digest, and removable anytime), no advertising trackers, no analytics profiles, no sale of data to anyone.
• Infrastructure: data is hosted on Supabase (Postgres) and served via Vercel; both process data as infrastructure providers.
• Sharing: portfolio data is private to your account unless you generate a share link. Anyone with a share link can view that portfolio's contents — treat the link itself as the access key. The same applies to the activity link created when you enable the trade digest: anyone holding it can view your automated-trade history across all workspaces, and you can invalidate all previously shared copies anytime with "Reset Link" in Account settings.
• Deletion: you can permanently delete your account and all its data yourself — open Account in the app header, then Delete Account. Deletion is immediate and irreversible. You can also contact the operator.

Contact

Questions, problems, or requests about the service or these terms: email the operator.

Changes

These terms may be updated from time to time; the "last updated" date above reflects the current version. Continued use after a change constitutes acceptance.