Terms of Service

These Terms of Service govern your access to and use of Reflect, operated by Holobyte LLC ("Reflect", "we", "us"). By creating an account, connecting a broker account, or otherwise using Reflect, you agree to these Terms. If you do not agree, do not use Reflect.

Reflect is in private beta. Your use is also governed by the Beta Terms, the Risk Disclaimer, and the Privacy Policy, each incorporated by reference.

1. What Reflect is

Reflect is a software platform that lets a follower mirror the trades of a trader between brokerage accounts that each user independently owns and connects. When you enable copying, Reflect places orders in your own connected brokerage account based on activity in a source account, according to the configuration and limits you and the trader set.

Reflect is a technology service. Reflect is not a broker, dealer, futures commission merchant, exchange, bank, or custodian. Reflect does not hold your funds, does not take custody of your positions, and does not execute trades on any exchange itself. All orders are placed through your own brokerage account with your broker.

Reflect does not provide personalized investment, financial, legal, or tax advice. You are solely responsible for your own trading decisions, including the decision to copy any trader and the limits you place on that copying.

2. Eligibility and accounts

You must be at least 18 years old and capable of forming a binding contract. You must provide accurate account information and keep it current. Access during beta is granted by request and may be limited, denied, or revoked at our discretion.

You are responsible for safeguarding your login credentials and for all activity under your account. Notify us promptly of any unauthorized use.

3. Broker connections

You connect your own brokerage account to Reflect by authorizing access through your broker's authentication flow. You authorize Reflect to read account activity and to place, modify, and cancel orders in that account as needed to provide the copying service you have enabled. You may revoke this authorization at any time through Reflect or your broker, after which copying for that account stops.

You remain the account holder and remain bound by your broker's own agreements.

4. Fees and payment

Reflect charges fees for the copying service as described in the product at the time you enable it. Followers may be charged a fee tied to copied activity; of the amount collected, Reflect may retain a platform fee and the remainder is paid to the trader being copied. By enabling copying, you authorize Reflect and its payment processor to charge the payment method on file for fees you incur, and you authorize payouts to be made to traders as described.

Payments are processed by a third-party processor (Stripe). We do not store full payment card numbers. Fees are non-refundable except where required by law or expressly stated.

5. Acceptable use

You agree not to: use Reflect for unlawful purposes; attempt to gain unauthorized access to Reflect or other users' accounts or data; interfere with or disrupt the service; reverse engineer except as permitted by law; or use Reflect to manipulate markets or violate your broker's or any exchange's rules.

6. No warranty

Reflect is provided "as is" and "as available", without warranties of any kind, express or implied, including merchantability, fitness for a particular purpose, and non-infringement. We do not warrant that the service will be uninterrupted, timely, secure, error-free, or that any copied order will be placed, filled, or matched to the source trade in price, size, or timing.

7. Assumption of risk and limitation of liability

Trading futures and other leveraged instruments involves substantial risk of loss. Copying another trader can result in losses, including loss exceeding your initial deposit. You assume all trading risk. See the Risk Disclaimer.

To the maximum extent permitted by law, Holobyte LLC and its owners, employees, and suppliers will not be liable for any indirect, incidental, special, consequential, or exemplary damages, or for any trading losses, lost profits, or lost data, arising from or related to your use of Reflect. To the maximum extent permitted by law, our total aggregate liability for any claim relating to Reflect will not exceed the greater of the fees you paid to Reflect in the three months before the claim or one hundred US dollars.

Some jurisdictions do not allow certain limitations; in those places the above applies to the fullest extent permitted.

8. Indemnification

You agree to indemnify and hold harmless Holobyte LLC and its owners and personnel from any claim, loss, or expense (including reasonable legal fees) arising from your use of Reflect, your trades, your breach of these Terms, or your violation of any law or third-party right.

9. Termination

You may stop using Reflect at any time and disconnect your broker account. We may suspend or terminate your access at any time, with or without notice, including for violation of these Terms or to protect the service or other users. Sections that by their nature should survive termination will survive.

10. Changes

We may update these Terms. Material changes will be indicated by updating the effective date and, where appropriate, by notice. Continued use after changes take effect constitutes acceptance.

11. Governing law

These Terms are governed by the laws of the State of Washington, without regard to conflict-of-law rules. The exclusive venue for disputes is the state or federal courts located in Washington, and you consent to their jurisdiction, except where applicable law provides otherwise.

12. Contact

Questions about these Terms: legal@reflect.trading