Terms of Service
01. Agreement to Terms
By accessing or using VestDrop ("the Service"), you agree to be bound by these Terms of Service. If you do not agree, do not use the Service.
02. Description of Service
VestDrop is a software-as-a-service (SaaS) platform that provides automated trading tools for US equities. The Service includes:
- Automated DCA bot execution
- AI-powered stock selection
- Backtesting engines
- Real-time monitoring
The Service connects to your personal brokerage account through the Alpaca Markets API. VestDrop does not hold, custody, or have direct access to your funds.
03. Not Investment Advice — IMPORTANT DISCLAIMER
VestDrop is a SOFTWARE TOOL, not a registered investment adviser, broker-dealer, financial planner, or fiduciary. The Service does not provide investment advice, financial advice, trading advice, tax advice, or any other form of professional advice.
All trading decisions executed by the VestDrop bot are based on automated algorithms and user-configured parameters. The AI stock selection feature uses machine learning models to identify potential candidates based on technical indicators and historical patterns, but this does NOT constitute a recommendation to buy or sell any security. AI-generated confidence scores reflect algorithmic assessment, not guaranteed outcomes.
You are solely responsible for your own investment decisions and for evaluating the risks and merits of any trade executed through the Service. You should consult with a qualified financial adviser before making any investment decisions.
04. Risk Disclosure
Trading in securities involves substantial risk of loss. You should carefully consider whether trading is appropriate for you in light of your financial condition. Key risks include:
05. User Responsibilities
- Maintaining the security of your account credentials
- Configuring parameters appropriate for your situation
- Monitoring your positions and account activity
- Ensuring sufficient buying power in your brokerage
- Complying with all applicable laws and PDT rules
- Understanding the risks of automated trading
06. Brokerage Account
VestDrop connects to your brokerage account via the Alpaca Markets API. Your brokerage relationship is directly between you and Alpaca Securities LLC, a registered broker-dealer and member of FINRA/SIPC. VestDrop is not affiliated with, endorsed by, or partnered with Alpaca Markets beyond using their publicly available API.
Your Alpaca API keys are encrypted using AES-256-GCM encryption before storage. VestDrop does not store your brokerage account password and cannot withdraw, transfer, or move funds from your account. API keys only grant trading permissions as configured within your Alpaca account settings.
You are responsible for reviewing and understanding the permissions granted by your API keys and for revoking access at any time through your Alpaca dashboard.
07. Service Fees
During the beta period, VestDrop is provided free of charge with full access to all features including AI stock selection, backtesting, and automated trading on paper accounts.
Future pricing may include performance-based fees, which means you would only be charged when the bot generates a profit. Fee structure, rates, and payment terms will be clearly communicated at least 30 days before taking effect. You will never be charged without explicit written consent. No retroactive fees will be applied.
08. No Guarantees
VestDrop makes no guarantees regarding:
The Service is provided "as is" and "as available" without warranties of any kind, express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, and non-infringement.
09. Limitation of Liability
To the maximum extent permitted by applicable law, VestDrop and its operators, directors, employees, and affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to:
In no event shall VestDrop's total aggregate liability exceed the total fees paid by you to VestDrop in the twelve (12) months preceding the claim, or one hundred US dollars ($100), whichever is greater.
10. Data Privacy
What we collect
- Your email address and account credentials (hashed)
- Encrypted brokerage API keys (AES-256-GCM)
- Trading activity logs and performance metrics
- Strategy configuration and backtesting parameters
- AI decision logs including stock selections and reasoning
What we do NOT do
- We do NOT sell your personal data to third parties
- We do NOT share your trading data with other users
- We do NOT access your brokerage account beyond executing configured trades
- We do NOT store your brokerage account password
- We do NOT use your data to train AI models
- We do NOT share data with advertisers
Data is stored on Supabase infrastructure with row-level security (RLS) policies ensuring users can only access their own data. All data transmission uses HTTPS/TLS encryption.
11. Account Termination
You may terminate your account at any time by contacting support@vestdrop.com or through the account settings page. Upon termination:
- All active trading strategies will be immediately stopped
- Any pending orders in your brokerage account should be manually reviewed and cancelled by you
- Your encrypted API keys will be permanently deleted
- Your account data and trading history will be retained for 30 calendar days before permanent deletion
- Performance fee obligations incurred prior to termination remain due
VestDrop reserves the right to suspend or terminate accounts that violate these Terms, engage in abusive behavior, or attempt to manipulate the Service.
12. Modifications
VestDrop reserves the right to modify these Terms of Service at any time. When we make material changes, we will:
- Notify you via the email address associated with your account
- Provide at least 14 days advance notice before changes take effect
- Update the "Last Updated" date at the top of this page
- Display an in-app notification on your next login
Your continued use of the Service after the effective date of any modifications constitutes acceptance of the updated Terms. If you do not agree with the modified Terms, you must discontinue use of the Service.
13. Governing Law & Disputes
These Terms shall be governed by and construed in accordance with the laws of the State of Florida, United States, without regard to conflict of law principles.
Any disputes arising from these Terms or your use of the Service shall first be attempted to be resolved through good-faith negotiation. If negotiation fails, disputes shall be submitted to binding arbitration in Miami-Dade County, Florida, under the rules of the American Arbitration Association.
You agree that any cause of action related to the Service must be commenced within one (1) year after the cause of action arises, or it is permanently barred.
14. Contact Information
For questions, concerns, or requests related to these Terms of Service, please contact us at:
VestDrop
Email: support@vestdrop.com
For urgent trading-related issues, please also contact your brokerage provider (Alpaca Markets) directly.