Terms of Service

Last updated: February 2026

Important Notice

These Terms of Service (“Terms”) govern your use of Scydex Ltd. (“Portfolio Guardian”, “we”, “us”) products and services including our mobile application and service (“Services”).

BY AGREEING TO THESE TERMS, YOU AND SCYDEX LTD AGREE TO RESOLVE MOST DISPUTES SOLELY ON AN INDIVIDUAL BASIS AND NOT AS A CLASS ARBITRATION, CLASS ACTION, ANY OTHER KIND OF REPRESENTATIVE PROCEEDING, OR BY JURY TRIAL. If you do not agree with these Terms, you may not access or use our Services.

These Terms incorporate by reference to other written policies and documentation that we may provide from time to time. You agree to use our Services in compliance with these Terms. If you use the Services on behalf of another person or entity, (a) all references to “you” throughout these Terms will include, and these Terms will be binding on, that person or entity, (b) you represent that you are authorized to accept these Terms on that person’s or entity’s behalf, and (c) in the event you violate these Terms, that person or entity agrees to be responsible to us.

Your use of our Services in any manner means that you agree to the Terms. If you do not wish to arbitrate disputes with Scydex Ltd, you may opt out of arbitration by following the instructions provided in Section 13.10.

1. Our Services

As part of the Services, we provide historical market structure analysis and statistical observations to help inform your independent investment research. Our analysis is derived from backward-looking data on institutional price levels, cohort classifications, and structural validation patterns. As part of that, you recognize that:

You may only use our Services in accordance with our Acceptable Use policy. Your access to and use of our Services is conditioned on your compliance with these Terms, including our Acceptable Use policy (as detailed below in “Acceptable Use”).

Important: Portfolio Guardian provides research and data observation only. It does not provide investment advice, financial advice, trading advice, or recommendations to buy, sell, or hold any security. Past performance does not guarantee future results. All investing involves risk, including loss of principal. You are solely responsible for your own investment decisions. Do not rely on our research without fact-checking on your own first or consulting with a qualified financial professional. Our Services do not provide and are not intended to serve as a substitute for financial, legal, or other professional advice.

2. Registering for Our Services

You register for our Services by creating an account within the mobile application. If you do so, you must:

• Provide us with complete and accurate registration information and keep it up to date. You may not use an email address that you do not control, and you may not attempt to impersonate another person in registration.
• Be responsible for the security of your account and not share or permit others to use your account credentials. You accept that you are solely responsible for all activities that take place through your account, and that failure to limit access to your devices or browser may permit unauthorized use by third parties.

3. Acceptable Use

You may only use our Services in accordance with these Terms, including the following rules, as well as any other written policies we may provide from time to time:

Illegal Use

You must only use our Services in compliance with the law. This means, for example, that you may not use or attempt to use our Services to violate any applicable law (including any action that promotes, contributes to or encourages illegal or unlawful activity).

Harmful or Manipulative Uses

You may not use or attempt to use our Services to generate harmful or manipulative content. You must not use the Services in any manner that deploys subliminal, manipulative, or deceptive techniques to distort behaviour, including using data obtained from the Services to manipulate others’ investment decisions.

Redistribution of Data

You may not redistribute, republish, resell, or commercially exploit any data, analysis, signal states, cohort statistics, gate levels, or other content obtained through the Services without our prior written consent. You may not use the Services to operate or provide a competing service, signal service, alert service, or data product.

Reverse Engineering

You must not use or attempt to use our Services to reverse engineer, decompile, or otherwise attempt to obtain the underlying methodology, algorithms, scoring models, or source code of the Services. You must not engage in this or any other activities with regards to our Services to build products that may be competitive with Portfolio Guardian or any other Scydex Ltd product.

Scraping

You must not scrape or attempt to “crawl” or “spider” any page, data, or portion of our Services, either via manual or automated means.

Machine Learning

You must not use data obtained through the Services to create, train, or improve any machine learning model, algorithm, or artificial intelligence system.

Account Sharing

You may not share your account credentials with any third party or allow multiple individuals to use a single account. Each subscription is for a single individual user.

4. Subscription and Payment

4.1 Subscription Plans

Certain features of the Services require a paid subscription (“Guardian Pro”). Guardian Pro provides access to validated audit reports, specific historical institutional price levels, Sentinel alerts, the Discover feature, and other premium content.

4.2 Billing

All subscriptions are billed through Apple’s App Store or Google Play Store via RevenueCat, our subscription management provider, depending on your device. By subscribing, you agree to the billing terms of the applicable app store. We do not directly process your payment information.

4.3 Auto-Renewal

Subscriptions automatically renew at the end of each billing period unless you cancel before the renewal date. You can manage your subscription and cancel auto-renewal through your device’s app store settings (Apple App Store or Google Play Store).

4.4 Refunds

Refund requests for in-app purchases are handled by Apple or Google in accordance with their respective refund policies. Scydex Ltd does not directly process refunds for in-app purchases. If you believe you are entitled to a refund, please contact Apple or Google directly through their respective support channels, or contact us at hello@scydex.com for assistance.

4.5 Price Changes

We reserve the right to change subscription prices at any time. Any price changes will take effect at the start of your next billing period following notice of the change. Your continued use of the paid Services after a price change constitutes your acceptance of the new price.

4.6 Free Trials and Promotional Access

We may offer free trials or promotional access to Guardian Pro at our discretion. At the end of any free trial or promotional period, you will be charged the applicable subscription fee unless you cancel before the trial or promotional period ends.

5. Content

You represent and warrant that you have all necessary rights, permissions and consents to grant the licenses to the information you provide to us in these Terms without violating any applicable laws or rights of any third party, including data protection laws and laws protecting intellectual property rights.

As between you and Scydex Ltd, you own your input (collectively, your “Content”), you grant to Scydex Ltd a royalty-free, perpetual, irrevocable, sublicensable (through multiple tiers), and worldwide license to the Content for the following limited purposes:

Operating the Services

Your license allows Scydex Ltd to use the Content in connection with enabling the provision and maintenance of the Services. This includes uses to comply with applicable laws, enable the provision of our Services across channels and platforms, take measures intended to support user safety and security, and enforce our policies.

Improving and Developing Services

Your license allows Scydex Ltd to use the Content to improve our Services and develop new products and services, including by using Content to understand opportunities for new features, and to evaluate the performance of our existing Services.

For information about how we collect, use, share and otherwise process information about you, please see our Privacy Policy. Please review it carefully.

6. Intellectual Property

Scydex Ltd Intellectual Property

These Terms do not provide you with any ownership right, title, or interest in our Services, our trademarks, or other intellectual property of Scydex Ltd. Subject to your compliance with these Terms, you are granted a limited, nonexclusive, nontransferable, non-sublicensable, revocable license to access and use our Services.

The Portfolio Guardian name, logo, signal visualisations, cohort classification system, and all related product and service names, design marks, and slogans are trademarks of Scydex Ltd. You may not use these marks without our prior written permission.

Feedback

We welcome any and all feedback, ideas for improvement, product proposals, and other suggestions (collectively, “Feedback”). However, if you provide Feedback to us, you grant us permission to use the Feedback on a non-confidential basis for any purpose, commercial or otherwise, without restriction and without any further notice or compensation to you.

Copyright Notices

In accordance with the Digital Millennium Copyright Act (“DMCA”) and other applicable law, we have adopted a policy of terminating, in appropriate circumstances, the accounts of users who repeatedly infringe the intellectual property rights of others. If you believe that your copyright has been infringed by something on our Services, you can send us a compliant copyright notice by sending an email to legal@scydex.com.

7. Important Financial Disclaimers

PORTFOLIO GUARDIAN PROVIDES HISTORICAL MARKET STRUCTURE ANALYSIS AND STATISTICAL OBSERVATIONS BASED ON PAST DATA. THE SERVICES DO NOT CONSTITUTE AND SHALL NOT BE CONSTRUED AS INVESTMENT ADVICE, FINANCIAL ADVICE, TRADING ADVICE, OR A RECOMMENDATION OR SOLICITATION TO BUY, SELL, HOLD, OR OTHERWISE TRANSACT IN ANY SECURITY.

PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS. HISTORICAL WIN RATES, MEDIAN RETURNS, INVALIDATION RATES, AND ALL OTHER METRICS DISPLAYED THROUGH THE SERVICES ARE DERIVED FROM BACKWARD-LOOKING ANALYSIS AND DO NOT PREDICT FUTURE OUTCOMES.

ALL INVESTMENT DECISIONS ARE MADE SOLELY BY YOU. YOU ACKNOWLEDGE THAT YOU ARE SOLELY RESPONSIBLE FOR YOUR OWN INVESTMENT DECISIONS AND THAT SCYDEX LTD BEARS NO RESPONSIBILITY FOR ANY INVESTMENT DECISIONS YOU MAKE, WHETHER OR NOT INFORMED BY DATA OBTAINED THROUGH THE SERVICES.

THE VISUAL INDICATORS DISPLAYED WITHIN THE SERVICES (INCLUDING SIGNAL STATES, STATUS LABELS, AND COHORT CLASSIFICATIONS) REPRESENT OBSERVATIONS ABOUT HISTORICAL MARKET STRUCTURE DATA. THEY DO NOT CONSTITUTE RECOMMENDATIONS TO TAKE ANY ACTION WITH RESPECT TO ANY SECURITY.

IF YOU REQUIRE INVESTMENT ADVICE OR GUIDANCE TAILORED TO YOUR INDIVIDUAL CIRCUMSTANCES, YOU SHOULD CONSULT A QUALIFIED AND REGULATED FINANCIAL ADVISER.

8. Limitation of Liability

UNDER NO CIRCUMSTANCES AND UNDER NO LEGAL THEORY (WHETHER IN CONTRACT, TORT, OR OTHERWISE) SHALL SCYDEX LTD OR ITS AFFILIATES OR ANY OF OUR RESPECTIVE OFFICERS, DIRECTORS, AGENTS, PARTNERS, AND EMPLOYEES (INDIVIDUALLY AND COLLECTIVELY, THE “SCYDEX LTD PARTIES”) BE LIABLE TO YOU OR ANY THIRD PARTY UNDER ANY THEORY OF LIABILITY—WHETHER BASED IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, WARRANTY, OR OTHERWISE—FOR (A) ANY INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, CONSEQUENTIAL OR PUNITIVE DAMAGES, INCLUDING LOST PROFITS, LOST SALES OR BUSINESS, LOST DATA, INVESTMENT LOSSES, OR LOSSES ARISING FROM SECURITIES TRANSACTIONS, EVEN IF SCYDEX LTD PARTIES HAVE BEEN ADVISED OF THE POSSIBILITY OF THE DAMAGES, OR (B) FOR ANY TOTAL, AGGREGATE DIRECT DAMAGES, COSTS, LOSSES OR LIABILITIES IN EXCESS OF ONE HUNDRED POUNDS OR USD.

The provisions of this section allocate the risks under these Terms between the parties, and the parties have relied on these limitations in determining whether to enter into these Terms.

The limitations set forth in this Section will not limit or exclude liability for the gross negligence, fraud, or intentional misconduct of Scydex Ltd or the other Scydex Ltd Parties or for any other matters in which liability cannot be excluded or limited under applicable law. Additionally, some jurisdictions do not allow the exclusion or limitation of incidental or consequential damages, so the above limitations or exclusions may not apply to you.

9. No Warranties

YOUR USE OF THE SERVICE IS AT YOUR SOLE RISK. THE SERVICE IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. TO THE MAXIMUM EXTENT PERMITTED BY LAW, SCYDEX LTD AND THE OTHER SCYDEX LTD PARTIES EXPRESSLY DISCLAIM ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED OR STATUTORY, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, SCYDEX LTD AND THE OTHER SCYDEX LTD PARTIES MAKE NO WARRANTY THAT (A) THE SERVICES WILL MEET YOUR REQUIREMENTS; (B) THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE; (C) THE RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE SERVICES WILL BE ACCURATE OR RELIABLE; (D) ANY HISTORICAL PATTERNS, WIN RATES, OR STATISTICAL OBSERVATIONS WILL CONTINUE IN THE FUTURE; OR (E) THE QUALITY OF ANY PRODUCTS, SERVICES, INFORMATION, OR OTHER MATERIAL PURCHASED OR OBTAINED BY YOU THROUGH THE SERVICE WILL MEET YOUR EXPECTATIONS.

10. Third Party Services and Websites

Third-Party Services

The Services may provide links or other access to services, sites, technology, and resources that are provided or otherwise made available by third parties (the “Third-Party Services”), including but not limited to Apple’s App Store, Google Play Store, RevenueCat, and market data providers. Your access and use of the Third-Party Services may be subject to separate terms and conditions, privacy policies, or other agreements with such third party, and such terms, policies, and agreements are solely between you and the Third-Party Services provider.

Market data displayed within the Services is sourced from third-party providers and may be subject to delays. We do not guarantee the accuracy, completeness, or timeliness of any market data.

Scydex Ltd has no control over and is not responsible for such Third-Party Services, including for the accuracy, availability, reliability, or completeness of information shared by or available through Third-Party Services, or for the privacy practices of Third-Party Services. Scydex Ltd and the other Scydex Ltd Parties will not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any Third-Party Services.

11. Terminating Your Account

Portfolio Guardian is free to terminate or suspend access to your use of our Services at any time and for any reason at our discretion. Reasons for termination or suspension may include our determination that you have violated these Terms, our determination it is necessary to ensure user safety, for legal compliance reasons, or where we believe it necessary to protect the rights or property of Scydex Ltd.

You may terminate these Terms by deleting your account through the app and permanently ceasing use of our Services. Termination of your account does not automatically cancel your subscription; you must cancel your subscription separately through your device’s app store settings (Apple App Store or Google Play Store).

Provisions of these Terms pertaining to indemnification, limitations of liability, disclaimers, financial disclaimers, intellectual property, dispute resolution, arbitration, choice of law, jurisdiction and venue, and any other terms that — by their nature — should survive termination of the Terms, shall survive.

12. Changes to the Services

Scydex Ltd may make changes to our Services over time. Scydex Ltd may, with or without notice to you, augment, modify, discontinue, or suspend our Services, in part or in whole, at any time.

13. Dispute Resolution; Binding Arbitration

PLEASE READ THIS SECTION CAREFULLY BECAUSE IT REQUIRES YOU AND SCYDEX LTD TO ARBITRATE CERTAIN DISPUTES AND LIMITS THE MANNER IN WHICH YOU AND SCYDEX LTD CAN SEEK RELIEF FROM EACH OTHER. ARBITRATION PRECLUDES YOU AND SCYDEX LTD FROM SUING IN COURT OR HAVING A JURY TRIAL. YOU AND SCYDEX LTD AGREE THAT ARBITRATION WILL BE SOLELY ON AN INDIVIDUAL BASIS AND NOT AS A CLASS ARBITRATION, CLASS ACTION, OR ANY OTHER KIND OF REPRESENTATIVE PROCEEDING. SCYDEX LTD AND YOU ARE EACH WAIVING THE RIGHT TO TRIAL BY A JURY.

Follow the instructions below, in Section 13.10, if you wish to opt out of the requirement of arbitration on an individual basis.

13.1 Claims This Section Applies To

This Section 13 applies to all Claims between you and Scydex Ltd. A “Claim” is any dispute, claim, or controversy (excluding those exceptions listed in Section 13.3, below) between you and Scydex Ltd, whether based in contract, tort, statute, fraud, misrepresentation, or any other legal theory, for which either party wishes to seek legal recourse and that arises from or relates to these Terms or our Services.

13.2 Informal Dispute Resolution Before Arbitration

If you believe you have a Claim against Scydex Ltd or if Scydex Ltd believes it has a Claim against you, you and Scydex Ltd will first attempt to resolve the Claim informally to try to resolve the Claim more quickly and reduce costs for both parties. You and Scydex Ltd will make a good-faith effort to negotiate the resolution of any Claim for 45 days (“Informal Resolution Period”), from the day either party receives a written notice of a dispute from the other party that satisfies the requirements of this Section 13.2 (a “Claimant Notice”).

You must send any Claimant Notice to Scydex Ltd by certified mail, addressed to Scydex Ltd Attn: Legal Department, 320 City Road, London, England, EC1V 2NZ or by email to legal@scydex.com.

13.3 Claims Subject to Binding Arbitration; Exceptions

Except for individual disputes that qualify for small claims court (provided that the small claims court does not permit class or similar representative actions or relief) and any disputes exclusively related to the intellectual property rights of you or Scydex Ltd, all Claims that are not resolved in accordance with Section 13.2 must be resolved by a neutral arbitrator through final and binding arbitration rather than in court.

13.10 Opting Out of Arbitration

You have the right to opt out of binding arbitration within 30 days of the date you first accepted a version of these Terms by emailing legal@scydex.com. To be effective, the opt-out notice must be on your own behalf and include your full name, mailing address, and email address. The notice must also clearly indicate your intent to opt out of binding arbitration in order to be valid. By opting out of binding arbitration, you are agreeing to resolve disputes in accordance with the Choice of Law and Jurisdiction provisions in Section 14.

14. Governing Law and Dispute Resolution

These Terms and any dispute or claim (including any non-contractual dispute or claim) arising out of or in connection with them or their subject matter shall be governed by and construed in accordance with the laws of England and Wales, without regard to conflict of law principles.

The parties shall first seek to resolve any dispute amicably through good-faith negotiations for a period of thirty (30) days from the date one party notifies the other of the dispute. If the dispute is not resolved within that period, it shall be finally settled by arbitration under the Rules of the London Court of International Arbitration (LCIA), which rules are deemed incorporated by reference into this clause. The seat of arbitration shall be London, United Kingdom, and the language of the arbitration shall be English.

The award of the arbitrator(s) shall be final and binding upon the parties, and may be enforced in any court of competent jurisdiction, including courts in the United States or the United Kingdom. Notwithstanding the foregoing, the Company may seek injunctive or equitable relief in any court of competent jurisdiction to protect its confidential information, intellectual property, or proprietary rights.

15. Miscellaneous Terms

Violations

Scydex Ltd reserves the sole discretion to determine whether or not a user is in violation of any of the provisions of these Terms.

Indemnification

To the fullest extent allowed by applicable law, you will indemnify and hold harmless Scydex Ltd and the other Scydex Ltd Parties from and against any and all claims, liabilities, damages (actual and consequential), losses and expenses (including attorneys’ fees) arising from or in any way related to any third party claims relating to (a) your access to or use of our Services, (b) your violation of these Terms, (c) your Content or Feedback, (d) any investment decisions you make based on or informed by data obtained through the Services, or (e) your violation of any rights of another.

Assignment

You may not assign or delegate any rights or obligations under these Terms, including in connection with a change of control. Any purported assignment or delegation in violation of the foregoing sentence shall be null and void. We may assign these Terms, in whole or in part, with or without notice to you.

No Joint Venture or Beneficiaries

You hereby acknowledge and agree that you are not an employee, an agent, or a partner of, or in a joint venture with Scydex Ltd by virtue of these Terms or your use of our Services, and you do not have any authority of any kind to bind us in any respect whatsoever.

Notices

Notices under these Terms shall be provided to you under the information provided to Scydex Ltd when you registered your account. Notices to Scydex Ltd may be provided by sending a message to legal@scydex.com or by mail at Scydex Ltd, 320 City Road, London, England, EC1V 2NZ. Notice shall be considered effective as of the date of receipt.

Severability

If any provision of these Terms is found to be unenforceable or invalid, that provision will be limited or eliminated, to the minimum extent necessary, so that these Terms shall otherwise remain in full force and effect and enforceable.

Entire Agreement

These Terms are the complete and exclusive statement of the mutual understanding between you and us relating to the covered subject matter, and that it supersedes and cancels all previous written and oral agreements, communications and other understandings relating to the subject matter of these Terms.

16. Changes to These Terms

Scydex Ltd reserves the right to amend these Terms at any time. We will provide notice of these changes by updating this page with the revised Terms and updating the “Last Updated” date above. Other than for updates posted to this page, no other amendments to the Terms shall be effective unless in writing and signed by you and a representative of Scydex Ltd.

Unless we say otherwise in our notice, the amended Terms will be effective immediately, and your continued use of any of our Services after such an amendment to the Terms shall be considered an acceptance of all changes to the Terms. If you do not agree with the revised Terms, you must immediately cease any use of our Services.

17. Contact Information

If you have questions about these Terms, please contact us:

Scydex Ltd.

Legal: legal@scydex.com

Address: 320 City Road, London, England, EC1V 2NZ

These Terms of Service are effective as of February 2026, and apply to all users of the Portfolio Guardian application.

Important Disclaimer: Portfolio Guardian provides historical market structure analysis and statistical observations only. Nothing in the Services constitutes investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. All investing involves risk, including loss of principal. You are responsible for your own investment decisions and should seek independent professional advice where appropriate.