Terms of Use & Risk Disclosure, last updated 12 November 2026. Read fully before continuing.

1. Who you are agreeing with

Nydex is built and run by Thomas Kramer, one person, working alone. There is no company, no support desk, no team on call. These terms are an agreement between you and him. Wherever they say “Nydex” below, that is who they mean.

You must be at least 18, legally permitted to trade securities where you live, and using Nydex for yourself. If you are subject to sanctions or are in a country the United States prohibits doing business with, you may not use it. Nydex is offered from the United States and is not directed at any jurisdiction where offering it would require a licence or registration nobody here holds.

2. What Nydex is, and what it is not

Nydex is software. It is a workflow layer around a brokerage account you already own. It reads public price data, runs arithmetic you configured, draws the result, and, if you tell it to, sends orders to your broker using credentials you supplied. That is the whole of it.

Nydex is not, and does not hold itself out as:

• an investment adviser, registered or exempt. It does not recommend any security, does not assess whether any security is suitable for you, does not know your finances, goals, holdings, or risk tolerance, and does not want to.
• a broker-dealer. It does not execute trades, route orders, hold securities, or take custody of anything. Your broker does all of that.
• a bank, money transmitter, or custodian. Nydex never holds, moves, or touches your money.
• a signal service, copy-trading network, trading room, or educational course.
• a tax preparer, accountant, enrolled agent, or attorney.

You are the one making every decision. You choose the strategy. You set every threshold. You supply the watchlist. Nydex applies your rules to public data and shows you what came out. The strategies shipped with the app are illustrative starting points written for a general audience. They are not selected for you, are not a view about any company, and become your rules the moment you keep them. Nothing Nydex displays is a recommendation, an opinion about the value of a security, or a suggestion that you should buy or sell anything.

No fiduciary relationship, no advisory relationship, and no relationship of trust or confidence is created by your use of Nydex or by your paying for it.

3. Not financial, investment, or tax advice

Everything in this application is information and software output, for educational purposes only. Nothing in it constitutes financial advice, investment advice, trading advice, legal advice, accounting advice, or tax advice. No score, setup, backtest, chart, sector reading, or estimate is a recommendation to buy, sell, or hold any security.

Thomas Kramer is not a registered investment adviser, broker-dealer, financial planner, CPA, enrolled agent, or tax preparer. Before you act on anything you see here, talk to someone who is licensed and who knows your situation.

4. You control your own account

Nydex connects to your personal brokerage account using API credentials you supply and can revoke at any time. You are solely responsible for that account, every order placed through it, and every gain or loss that follows. Thomas Kramer has no custody, no control, no trading authority, and no access to your funds at any time.

By connecting an account you confirm that you are its authorised owner, that you understand how to issue and revoke API keys, and that you are not trading on behalf of anyone else without the legal authority to do so.

5. Nydex places paper orders only

As of 12 November 2026, every order Nydex sends goes to your broker’s paper-trading endpoint. There is one base URL in the code and the site’s content policy does not permit the live one. Market data is live and scanning is live. Execution is simulated. No real money can be lost through Nydex today.

If real-money routing is ever added it will appear behind its own explicit, separate confirmation, and this section will change before it does.

6. Every order is one you place

As of 12 November 2026, Nydex places no order you have not clicked. There is no automation, no scheduled trading and no standing instruction: the scanner ranks setups and shows them to you, and nothing reaches your broker until you press the button on one of them. Nydex exercises no judgement, holds no discretion, and manages nothing on your behalf.

Nydex is a research and record-keeping tool, not an adviser and not a manager. Nothing it shows you is a recommendation to buy or sell, personalised or otherwise. Every trading decision is yours. Thomas Kramer is not liable for orders placed, orders missed, duplicate orders, or orders executed at prices you did not expect, whether the cause is a bug, a stale price, a broker outage, a rate limit, a network failure, or your own configuration.

If automated trading is added later, it will be described here before it is switched on, and you will be asked to accept these terms again.

7. Trading involves substantial risk of loss

Trading stocks, ETFs, and other financial instruments carries substantial risk of loss, up to and including everything you put in. Most active retail traders lose money. Leverage, margin, and automation all increase how fast that can happen.

Past performance does not indicate future results. No score, win rate, equity curve, or return figure anywhere in this application is a prediction, a projection, or a promise.

8. Backtests are simulations, not track records

A backtest replays historical bars under simplified rules: 1% risk per trade, ATR-based targets, a maximum hold, a cooldown. It models no slippage, no spread, no commission, no partial fills, no liquidity limits, no borrow costs, and no tax. It cannot know whether a bar hit its high or its low first, and resolves that ambiguity against you on purpose. Results are computed on data that was already revised and already survivorship-biased.

A backtest is evidence that a rule is worth watching. It is not a return you would have made, and it is not a hypothetical performance record offered to you as one.

9. Market data is delayed and may be wrong

Prices come from the IEX feed and are subject to a 15-minute delay. Nydex is unsuitable for any strategy that depends on current prices. Market data, fundamental data, and everything derived from them are provided as is, by third parties, and may be late, incomplete, revised, or simply wrong. Neither Nydex nor any data provider guarantees accuracy, and none of them is liable for what you do with it.

10. Your API keys

How your broker API keys are stored depends on how you use Nydex. Signed in,they are encrypted in Nydex’s database so your setup follows you across devices, and are held in memory only in the browser, never written to localStorage. Without an account, they stay in your browser’s localStorageand never reach a Nydex server.

In both modes, keys go from your browser straight to your broker over HTTPS. Nydex does not proxy or intercept broker traffic.

You are responsible for the security of your own device and browser. Use keys scoped to paper trading unless you fully understand the risk of connecting a live-money account. Revoke them from your broker at any time; that revocation is instant and does not depend on Nydex.

11. The tax estimate is an estimate, not a tax return

The Tax tab applies published federal brackets and a single state rate to the trades in your log. It treats every trade as short-term. It applies each state’s top marginal rate flat to the whole gain rather than that state’s brackets and deductions. It flags but does not calculate wash sales: a disallowed loss changes your cost basis in ways this tool does not model. It ignores the alternative minimum tax, credits, itemised deductions, trader-status expenses, and any income you have not entered.

The figures and the payment dates it prints may differ materially from what you owe. You are responsible for your own tax filings. Confirm every number with a licensed tax professional before you file or pay. Thomas Kramer is not liable for any tax, interest, or penalty assessed against you.

12. Using Nydex properly

One account per person. Do not resell, redistribute, or white-label the output; do not scrape or script the app; do not work around rate limits; do not use Nydex to trade for anyone else without the legal authority to do so; do not use it to manipulate a market or to do anything unlawful; do not reverse-engineer or attack the service. An account doing any of these can be suspended. Suspended without cause, you get the unused part of your period back.

Nydex’s code, design, name, and output templates belong to Thomas Kramer. Your configurations, watchlists, and trade log belong to you; you grant only the permission needed to store and display them back to you.

13. Subscription and billing

Paper is free. Pro is $30 per month, charged by Stripe to the card you give them; Nydex never sees the card number. The subscription renews every month until you cancel, and the price will not change without notice in advance.

Cancelling is one button in Settings → Plan & billing. It stops the next charge. You keep Pro until the end of the period already paid for, then the account returns to Paper. Your most recent saved configurations, up to the Paper limit, are kept; the rest are deleted the next time your settings sync. Export your data from Settings first if you want a record of them. Watchlists, preferences and your trade log are not affected.

Refunds: within 14 days of a charge it is refunded in full, for any reason, on request to support@nydex.app from the address on the account. After 14 days, cancelling stops the next charge rather than reversing the last one. Deleting your account cancels the subscription immediately and does not by itself refund the current period; ask, within the 14 days, and it will be refunded.

What Pro buys is Nydex software: saved configurations, the paper account, the sector view, the tax estimate and its export, and a longer backtest window. It buys nothing from your broker, no data entitlement, and no execution right. Prices are exclusive of any sales tax, which is added at checkout where it applies.

14. Your data

What Nydex stores, who processes it, and how long it is kept is set out in the Privacy Policy, readable from Settings → Legal without signing in. You can download everything held against your account, and delete the account and its contents, from Settings → Account. Deletion is immediate and cannot be undone.

15. The software is provided as is

NYDEX IS PROVIDED “AS IS” AND “AS AVAILABLE”, WITH ALL FAULTS AND WITHOUT WARRANTY OF ANY KIND. To the fullest extent the law allows, Thomas Kramer disclaims all warranties, express, implied, or statutory, including any implied warranty of merchantability, fitness for a particular purpose, title, non-infringement, and any warranty arising from course of dealing or trade usage.

Specifically, and without limiting that: there is no warranty that Nydex will be available, uninterrupted, timely, secure, or error-free; that any calculation, score, backtest, chart, or estimate is accurate or complete; that any defect will be corrected; or that using Nydex will be profitable or will avoid a loss. One person maintains this. It will sometimes be down and it will sometimes be wrong.

Some jurisdictions do not allow the exclusion of certain warranties. Where that is so, this section applies as far as it may.

16. Limitation of liability

To the maximum extent permitted by applicable law:

(a) No liability for trading losses. Thomas Kramer is not liable for any trading loss, missed gain, missed trade, unintended trade, tax, interest, or penalty arising out of your use of Nydex, however caused, and whether or not the possibility was known.

(b) No indirect damages. Thomas Kramer is not liable for indirect, incidental, special, consequential, exemplary, or punitive damages, or for lost profits, lost opportunity, lost data, or loss of goodwill, under any theory: contract, tort, negligence, strict liability, statute, or otherwise.

(c) A cap on everything else. Thomas Kramer’s total liability for all claims relating to Nydex, taken together, will not exceed the greater of the amount you actually paid for Nydex in the twelve months before the event giving rise to the claim, or one hundred United States dollars (US$100). Paper is free, so for a free account that cap is US$100.

(d) Basis of the bargain. These limits are an essential part of the deal between us. Nydex costs $30 a month; it is not priced to insure your portfolio, and no reasonable reading of this agreement suggests it does. They apply even if a remedy fails of its essential purpose.

(e) What is not excluded. Nothing here limits liability for fraud, fraudulent misrepresentation, wilful misconduct, death or personal injury caused by negligence, or anything else a limitation of which the law forbids. Nothing in this agreement waives, or purports to waive, any right or remedy you have under the federal securities laws or any state securities law that cannot lawfully be waived. Some jurisdictions do not allow some of these exclusions; where that is so, this section applies as far as it may and the rest of it stands.

17. You cover claims your own conduct causes

You will defend, indemnify, and hold Thomas Kramer harmless from any claim, demand, loss, liability, or expense (including reasonable legal fees) brought by a third party and arising out of: your trading and your investment decisions; your tax filings; your use of Nydex in breach of these terms or of any law; your use of another person’s brokerage account or credentials; or your sharing, reselling, or republishing of anything Nydex produced.

18. Disputes: arbitration and class-action waiver

Read this section. It affects how any dispute between us gets resolved and it gives up your right to a court and to a jury.

(a) Talk first. Before starting anything formal, email a description of the dispute to support@nydex.app and give it 30 days. Most things end here.

(b) Arbitration. Any dispute arising out of or relating to Nydex or these terms that is not resolved in those 30 days will be settled by final and binding individual arbitration, administered by the American Arbitration Association under its Consumer Arbitration Rules, before one arbitrator, seated in North Carolina or conducted remotely at your election. The Federal Arbitration Act governs this section. The arbitrator decides questions of arbitrability, except as stated in (d).

(c) Small claims stay in court. Either of us may bring an individual claim in small-claims court instead, if it qualifies.

(d) No class actions. Claims may be brought only in your individual capacity, not as a plaintiff or class member in any class, collective, consolidated, or representative proceeding, and the arbitrator may not consolidate claims or preside over any representative action. If this waiver is held unenforceable as to a particular claim, that claim, and only that claim, proceeds in court, and the rest of this section survives. A court, not an arbitrator, decides whether this paragraph is enforceable.

(e) You can opt out. Email support@nydex.app with the subject line ARBITRATION OPT-OUT within 30 days of first accepting these terms, from the address on your account. Opting out costs you nothing and changes nothing else. If you opt out, §19 governs and both of us waive a jury trial.

(f) One year. Any claim must be brought within one yearafter it arises, or it is permanently barred, except where a longer period is required by law.

19. Governing law and venue

These terms are governed by the laws of the State of North Carolina, without regard to its conflict-of-laws rules, and by the federal law of the United States. Anything not sent to arbitration under §18 will be brought exclusively in the state or federal courts located in North Carolina, and both of us consent to that jurisdiction. Nothing in this section removes any protection of the consumer law of the place where you live that cannot be removed by agreement.

20. Changes

These terms can change. A material change is announced here with a new date and, where the change affects what you give up, by re-prompting you to accept before the app opens again. Continuing to use Nydex after a change means you accept it; if you do not, cancel and delete the account, which you can do at any time in Settings.

21. The rest

If any part of these terms is held unenforceable, that part is narrowed to the minimum extent needed, or severed, and the rest stands. Failing to enforce something is not giving it up. You may not assign this agreement; Thomas Kramer may assign it to a successor to the Nydex business. Sections 2 through 12 and 15 through 19 survive termination. These terms and the Privacy Policy are the entire agreement between us about Nydex, and replace anything said before. Nydex is not affiliated with, endorsed by, or operated by any broker, exchange, or data provider named in the app; your relationship with your broker is governed by your agreement with them, not by this one.

22. Acceptance

By clicking “I Accept” below you confirm that you have read and understood this entire document (including the warranty disclaimer in §15, the limitation of liability in §16, the indemnity in §17, and the arbitration and class-action waiver in §18), that you are at least 18 years of age, that you are legally permitted to trade securities where you live, and that you accept every risk described here.