Terms of Use

These Terms of Use ("Terms") govern your access to and use of model.p by Mit ("the App"). By creating an account, subscribing, or using the App, you agree to be bound by these Terms.

1. Important Risk Warning

Investing involves risk. The value of investments can go down as well as up, and you may get back less than you invest. Past performance is not a reliable indicator of future results.

The App provides general investment guidance and information.

Nothing in the App constitutes:

• Investment advice;
• Personal recommendations;
• An offer or inducement to engage in investment activity; or
• A regulated financial service.

You are responsible for your own investment decisions.

2. Nature of the Service

The App provides subscription-based access to:

• Information about Exchange Traded Funds (ETFs), portfolio management, investments, markets, and financial concepts; and
• Non‑personalised commentary and data.

The App does not:

• Consider your personal financial circumstances;
• Provide suitability assessments;
• Provide regulated investment advice; and
• Provide personalised investment recommendations.

3. Eligibility

You must:

• Be at least 18 years old;
• Provide accurate registration information;
• Have the legal capacity to enter into a binding contract; and
• Access the App as a retail client.

4. Account Registration and Security

You are responsible for:

• Keeping your login credentials secure;
• All activity under your account; and
• Notifying us immediately of any unauthorised access.

We may suspend or terminate accounts that violate these Terms.

5. Subscription and Payment Terms

6. Communications and Notifications

Notifications, emails, and in‑app messages may include general investment information.

However:

• They will not contain personalised investment recommendations;
• They will not be targeted based on your financial circumstances; and
• You may opt out of marketing communications at any time.

Service‑related messages (e.g., security alerts, subscription updates) cannot be opted out of.

7. Acceptable Use

You agree not to:

• Use the App for unlawful, fraudulent, or harmful purposes;
• Attempt to access or extract other users' data;
• Copy, scrape, reproduce, or redistribute App content without permission;
• Use the App to create or distribute unauthorised financial promotions;
• Interfere with the App's security or performance; or
• Use automated tools to access the App without authorisation.

8. Intellectual Property

All content, data, design elements, trademarks, logos, and features in the App are owned by us or licensed to us.

Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, non-sublicensable, revocable licence to access and use the App for your personal, non-commercial purposes only.

This licence does not include any right to copy, reproduce, distribute, modify, adapt, reverse engineer, decompile, disassemble, or create derivative works from the App or any part of its content.

You may not use our name, trademarks, logos, or branding without our prior written consent.

You authorise us to use and reproduce any content you submit through the App (including feedback and support communications) solely for purposes connected with the operation, maintenance, and improvement of the App. This does not affect our obligations in respect of any personal data contained in such content, which shall be processed in accordance with our Privacy Policy and applicable data protection legislation.

The restrictions in clause 7 (Acceptable Use) apply in addition to this clause.

We may revoke the licence granted under this clause immediately upon termination or suspension of your account in accordance with these Terms.

9. No Financial Advice

You acknowledge and agree that:

• The App provides general investment information only, as described in clause 2 (Nature of the Service);
• Content is provided in good faith but we do not guarantee its accuracy, completeness, or timeliness, and we accept no liability in respect of any third-party data or content displayed through the App;
• We do not consider your personal financial circumstances — the risk warning set out in clause 1 (Important Risk Warning) applies to all content provided through the App;
• You should seek independent, personalised financial advice, where appropriate, before making any investment decision.

10. Availability and Changes

We may:

• Modify, update, or discontinue the App;
• Introduce new features or remove existing ones; and
• Suspend access for maintenance or security reasons.

We are not liable for downtime or service interruptions.

11. Limitation of Liability

To the fullest extent permitted by law:

• The App is provided "as is" and "as available";
• We exclude all implied warranties;
• We are not liable for indirect, incidental, or consequential losses; and
• We are not liable for losses arising from your investment decisions.

Nothing in these Terms limits liability for fraud or death/personal injury caused by negligence.

12. Compliance With Laws

We operate the App in accordance with:

• The UK financial‑promotion regime under the Financial Services and Markets Act 2000 (we are not authorised or regulated by the Financial Conduct Authority ("FCA"); content provided through the App is communicated in reliance on exemptions available under the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 for non‑personalised, non‑real‑time communications of a general nature); and
• FCA rules, including COBS 4 (fair, clear, and not misleading), to the extent applicable to our communications.

Although we are not subject to the FCA's Consumer Duty, we are committed to acting in good faith, providing clear and fair communications, and delivering good outcomes for our users. You agree not to use the App in a way that would cause us to breach these obligations.

13. Termination

We may suspend or terminate your account if:

• We suspect fraudulent or harmful activity;
• We discontinue the App;
• You fail to pay any subscription fees due under these Terms;
• We are required to do so by a court, regulatory authority, or law-enforcement authority, or in order to comply with applicable law;
• You cease to meet the eligibility criteria set out in clause 3 (Eligibility);
• You use the App or any content provided through it in a manner that could constitute an unauthorised financial promotion or otherwise give rise to a breach of applicable financial services legislation; or
• You otherwise violate these Terms.

You may delete your account or cancel your subscription at any time.

14. Severability

If any provision (or part of a provision) of these Terms is found by any court or competent authority to be invalid, illegal, or unenforceable, that provision or part shall, to the extent required, be deemed not to form part of these Terms, and the validity and enforceability of the remaining provisions shall not be affected.

15. Force Majeure

Neither party shall be liable for any failure or delay in performing its obligations under these Terms (other than any obligation to make payment) where such failure or delay results from circumstances beyond that party's reasonable control (a "Force Majeure Event"). The affected party shall use reasonable endeavours to mitigate the effect of the Force Majeure Event and to resume performance as soon as reasonably practicable. This clause is without prejudice to clause 10 (Availability and Changes).

16. Governing Law and Jurisdiction

These Terms and any dispute or claim arising out of or in connection with them (including non-contractual disputes or claims) shall be governed by and construed in accordance with the laws of England and Wales. The courts of England and Wales shall have exclusive jurisdiction to settle any such dispute or claim.

17. Contact

For questions about these Terms, contact:

mit@modelp-by-mit.com