Terms of Service
Please read these terms carefully before using CameronAI.
1. Nature of Service
CameronAI provides software platform services that enable automated order execution based on user-selected, rule-based strategies. CameronAI is not a broker-dealer, investment adviser, or financial planner.
CameronAI does not provide financial advice, investment recommendations, or personalised guidance. All trading decisions are based on predefined rules that you, the user, select and authorise.
2. User Responsibilities
By using CameronAI, you acknowledge and agree that:
- You are the sole decision-maker regarding which strategies and risk profiles to activate
- You have independently evaluated the strategies and determined they align with your investment objectives
- You understand that trading involves substantial risk of loss
- You are responsible for monitoring your account and can pause or stop automation at any time
- You can revoke API access instantly by deleting keys from your Alpaca dashboard
- You are responsible for any tax obligations arising from trading activity
3. No Discretionary Authority
CameronAI operates strictly as an execution platform. We do not exercise discretion over your account. The software executes trades only according to:
- The strategy you selected during onboarding
- The risk profile and position limits you configured
- Predefined, transparent rules that do not change without your authorisation
We do not make subjective investment decisions, recommend securities, or adjust strategies based on individual circumstances.
4. Brokerage Relationship
Your brokerage account is held at Alpaca Securities LLC, a registered broker-dealer and member of FINRA/SIPC. CameronAI is not affiliated with Alpaca beyond using their API for order execution.
CameronAI cannot withdraw funds, transfer assets, or access your banking information. API keys only permit order placement and position viewing.
5. Fees
CameronAI charges a performance-based fee on profits above a threshold. Full details are available on our Billing page and Billing Terms.
We do not charge management fees, subscription fees, or fees on losses.
6. Risk Acknowledgement
Trading in securities involves substantial risk of loss and is not suitable for all investors. You should only trade with capital you can afford to lose.
Past performance is not indicative of future results. No algorithm, strategy, or system can guarantee profits or prevent losses.
7. Indemnification
You agree to indemnify, defend, and hold harmless CameronAI, its officers, directors, employees, and agents from any claims, liabilities, damages, losses, costs, or expenses (including reasonable legal fees) arising from:
- Your use or misuse of the platform
- Your violation of these Terms or any applicable laws or regulations
- Your trading activities or decisions
- Any breach of your representations or warranties
- Any third-party claims related to your account or trading activity
8. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW:
- CameronAI shall not be liable for any trading losses, missed opportunities, lost profits, or any indirect, incidental, special, consequential, or punitive damages
- Our total liability to you for any claims arising from your use of the platform shall not exceed the fees you paid to CameronAI in the 12 months preceding the claim
- We are not liable for losses caused by market conditions, system failures, connectivity issues, third-party services (including Alpaca), force majeure events, or circumstances beyond our control
- We make no warranties, express or implied, regarding the platform's performance, accuracy, reliability, or suitability for any purpose
YOU ACKNOWLEDGE THAT YOU USE CAMERONAI ENTIRELY AT YOUR OWN RISK.
9. Dispute Resolution & Arbitration
PLEASE READ THIS SECTION CAREFULLY. IT AFFECTS YOUR LEGAL RIGHTS.
Any dispute, controversy, or claim arising out of or relating to these Terms or your use of CameronAI (including any question regarding existence, validity, or termination) shall be resolved as follows:
9.1 Informal Resolution
Before initiating formal proceedings, you agree to contact us at legal@cameronai.net to attempt to resolve the dispute informally for at least 30 days.
9.2 Binding Arbitration
If informal resolution fails, disputes shall be resolved by binding arbitration under the rules of the Australian Centre for International Commercial Arbitration (ACICA), or if you are located outside Australia, the International Chamber of Commerce (ICC).
- Arbitration shall be conducted by a single arbitrator
- The seat of arbitration shall be Brisbane, Queensland, Australia
- The language of arbitration shall be English
- The arbitrator's decision shall be final and binding
- Each party bears its own costs unless the arbitrator decides otherwise
9.3 Class Action Waiver
YOU AGREE THAT DISPUTES WILL BE RESOLVED ON AN INDIVIDUAL BASIS ONLY.You waive any right to participate in a class action, collective action, or representative proceeding. You may not consolidate or join claims with other users.
9.4 Exceptions
Either party may seek injunctive relief in court to protect intellectual property rights or prevent unauthorized use of the platform.
10. Termination
You may terminate your use of CameronAI at any time by revoking your API keys and/or contacting us at support@cameronai.net.
We may suspend or terminate your access immediately if you:
- Breach these Terms
- Fail to pay fees when due
- Engage in fraudulent or illegal activity
- Pose a risk to our systems or other users
Upon termination: Outstanding fees remain payable. Open positions will NOT be automatically closed—you are solely responsible for managing them. Your API keys will be deleted, and you will lose access to the platform.
11. Governing Law & Jurisdiction
These Terms are governed by and construed in accordance with the laws of Queensland, Australia, without regard to conflict of law principles. Subject to the arbitration provisions in Section 9, you irrevocably submit to the exclusive jurisdiction of the courts of Queensland, Australia.
12. ASIC Regulatory Compliance
CameronAI does NOT hold an Australian Financial Services (AFS) licence.We are not authorised to provide:
- Financial product advice (general or personal)
- Investment recommendations or portfolio management
- Dealing services (we do not execute trades as principal)
CameronAI provides software-as-a-service only. You make all investment decisions. You select the strategy and risk parameters. The platform executes your pre-authorized instructions using your own brokerage account at Alpaca Securities LLC.
If you are an Australian resident: You should consider whether automated trading is appropriate for your circumstances. You may wish to seek independent financial advice before using this service.
13. U.S. Regulatory Notice
CameronAI is not registered with the U.S. Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC) as an investment adviser, broker-dealer, or commodity trading advisor.
Your brokerage account is held at Alpaca Securities LLC, a registered U.S. broker-dealer and member of FINRA/SIPC. All trades execute through Alpaca's regulated infrastructure.
14. Force Majeure
CameronAI shall not be liable for any failure or delay in performance due to circumstances beyond our reasonable control, including but not limited to: acts of God, war, terrorism, pandemics, government actions, internet failures, exchange outages, third-party service disruptions, cyberattacks, or natural disasters.
15. Severability
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect. The invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable.
16. Entire Agreement
These Terms, together with our Privacy Policy, Risk Disclosure, and Billing Terms, constitute the entire agreement between you and CameronAI. They supersede all prior agreements, representations, or understandings (written or oral).
17. Changes to Terms
We may update these Terms from time to time. We will notify you of material changes via email or through the platform at least 30 days before they take effect.
Continued use of CameronAI after the effective date constitutes acceptance of the updated Terms. If you do not agree to the changes, you must stop using the platform and terminate your account.
18. Contact & Legal Notices
For legal notices, disputes, or compliance inquiries, contact:
Email: legal@cameronai.net
General inquiries: info@cameronai.net
Billing: billing@cameronai.net
⚖️ Acknowledgement of Understanding
By using CameronAI, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service. You confirm that you have had the opportunity to seek independent legal and financial advice before accepting these Terms.
Version: 2.0
Last updated: December 26, 2024
Effective date: December 26, 2024