These Terms of Service and End User Agreement (the “Terms”) are a binding agreement between you and Monstra, LLC, a California limited liability company (“Monstra,” “we,” “us,” or “our”), governing your access to and use of the Monstra website at www.monstra.bot, the Monstra hosted application, and all related features, tools, data, documentation, and services (collectively, the “Service”).

By creating an account, connecting a brokerage account, running a bot, or otherwise accessing or using the Service, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree, you may not use the Service.

These Terms incorporate by reference the Monstra Privacy Policy, Risk Disclosure, and Brokerage Disclosure. Where those documents conflict with these Terms on a subject they specifically address, the more specific document controls as to that subject.

• “Account” means the user account through which you access the Service.
• “Bot” means an algorithm, strategy, or automated rule set made available on or created through the Service, including Monstra's own bots and Creator Bots.
• “Creator Bot” means a Bot or related strategy content created or published by a user.
• “Backtest” means an Output produced by applying a Bot's rules to historical data. A Backtest is hypothetical: no order was placed and no position was held.
• “Labs” means the experimental area of the Service in which prototype strategies, research, and unvalidated methods are published.
• “Outputs” means signals, allocations, rankings, scores, vectors, portfolio constructions, Backtests, and other results generated by the Service.
• “Paper Trading” means simulated order activity executed against a brokerage paper or sandbox environment using no real funds.
• “Source Code” means the Monstra source code made publicly available at github.com/MPoncini96/Monstra.
• “User Content” means anything you submit, upload, publish, or transmit through the Service, including Creator Bots, parameters, descriptions, and commentary.

1. You must be at least 18 years old and capable of forming a binding contract to use the Service.
2. You must not be barred from using the Service under the laws of the United States or any other applicable jurisdiction, and you must not be located in, or a resident of, any country or region subject to comprehensive U.S. sanctions.
3. Account authentication is provided through a third-party identity provider. You are responsible for maintaining the confidentiality of your credentials and for all activity that occurs under your Account.
4. You agree to provide accurate registration information and to keep it current. You must notify us promptly at Support@monstra.bot of any unauthorized use of your Account.
5. You may maintain only one Account. Monstra may permit additional Accounts at its discretion, and may consolidate, suspend, or close duplicate Accounts.

Monstra is provided as a software platform for research, simulation, automation tooling, and user-directed portfolio experimentation. Monstra is not presented as, and does not operate as, a broker-dealer, investment adviser, futures commission merchant, fiduciary, custodian, or manager of your assets.

Outputs are algorithmic results generated from system-defined rules and available data. They are not personalized recommendations and do not account for your financial circumstances, investment objectives, tax position, time horizon, liquidity needs, or risk tolerance. No Output constitutes an offer, solicitation, or recommendation to buy, sell, or hold any security or other financial instrument.

Outputs are impersonal and are generated identically for every user who selects the same Bot, parameters, and overlays. Monstra does not tailor Outputs to any individual user and does not hold, take custody of, or have withdrawal authority over your funds or securities.

Educational and research materials published on the Service, including strategy descriptions, methodology notes, and Labs experiments, are provided for informational purposes only. Labs material is explicitly experimental and has not been validated.

Nothing on the Service constitutes investment advice, legal advice, tax advice, or accounting advice. You are solely responsible for determining whether the Service is appropriate for your own use case, and for seeking licensed professional advice where you need it. Monstra does not assess suitability and does not act in your best interest as a fiduciary.

1. You are responsible for reviewing the information presented in the Service and for making your own decisions.
2. You independently choose which brokerage accounts to connect, which Bots to run, which parameters and overlays to apply, and whether to enable automation.
3. Once automation is enabled, Monstra may place, adjust, or cancel simulated paper orders on a schedule on your behalf, without confirming each rebalance individually, until you pause, resume, or disconnect the automation.
4. Automation executes only the Bot, parameters, and overlays you selected. Monstra exercises no independent judgment over which instruments are transacted, in what size, or at what time, beyond the rules you have chosen, and does not override, supplement, or second-guess those rules based on your circumstances.
5. Monstra does not make personalized financial decisions on your behalf, and does not monitor your Account for suitability, concentration, or risk.
6. You are responsible for the tax treatment and recordkeeping consequences of any activity you undertake, whether simulated or otherwise.

1. Where you elect to connect a supported brokerage account, Monstra receives and stores access tokens issued through the broker's authorization flow, in encrypted form on Monstra servers, in order to display account information and operate the features you enable. Monstra does not ask for, and you should not provide, your brokerage username or password.
2. Automated execution is limited to verified paper brokerage connections. Live brokerage connections and live order execution are not currently available through the Service.
3. Introducing live brokerage connections or live order execution would materially change the nature of the Service. If Monstra offers those capabilities in the future, they will be governed by updated terms presented at that time and will require your separate, affirmative authorization; enabling automation today does not authorize live trading.
4. You may disconnect a brokerage connection at any time. Disconnection stops future automated activity but does not reverse activity that has already occurred.
5. Brokerage-side behavior, including order acceptance, rejection, fills, pricing, halts, and account restrictions, is determined by the broker and is outside Monstra's control.
6. You represent that you are authorized to connect each brokerage account you connect, and that doing so does not violate your agreement with that broker.

Market data, signals, and account information may be delayed, stale, incomplete, inaccurate, or unavailable. Service interruptions, data provider issues, credential failures, model errors, and third-party outages can affect what you see in the product and when you see it.

The Service is provided on an as-available basis. Monstra does not commit to any uptime target, support response time, or data refresh interval, and may modify, suspend, or discontinue any feature at any time.

9.1 No fees

The Service is free. There are no subscriptions, in-app purchases, currency purchases, or billing of any kind, and no feature is gated behind payment. Monstra may introduce paid, hosted, or managed offerings in the future; if it does, those offerings will be governed by terms presented at that time and will not retroactively impose charges for prior use.

9.2 License to use the hosted Service

Subject to your compliance with these Terms, Monstra grants you a limited, revocable, non-exclusive, non-transferable, non-sublicensable license to access and use the hosted Service for your own personal or internal business research and simulation purposes. This license covers the hosted Service only; it is not a license to the Source Code, which is licensed separately under § 9.3.

9.3 Source Code license

The Monstra Source Code is made available under the GNU Affero General Public License, version 3.0 (AGPL-3.0), at github.com/MPoncini96/Monstra. Your rights in the Source Code are granted by the AGPL-3.0 and not by these Terms. To the extent the AGPL-3.0 conflicts with these Terms with respect to the Source Code, the AGPL-3.0 controls as to the Source Code; these Terms continue to govern your use of the hosted Service.

9.4 Self-hosting

You may run your own self-hosted instance of Monstra with your own brokerage connection, subject to the AGPL-3.0. A self-hosted instance is operated by you and at your own risk. Monstra provides no support, monitoring, security assurance, data, or liability coverage for self-hosted instances, and you may not represent a self-hosted instance as an official Monstra service.

9.5 Restrictions

Except as expressly permitted by the AGPL-3.0 with respect to the Source Code, you may not: (a) sublicense, resell, or commercially exploit access to the hosted Service; (b) remove or obscure any proprietary notice; (c) use the Service to build a competing product by copying non-code assets such as branding or product copy; or (d) circumvent any technical limit, rate limit, or access control.

9.6 Feedback

If you send Monstra suggestions, feature requests, or other feedback, you grant Monstra a perpetual, irrevocable, royalty-free, worldwide license to use and incorporate that feedback without obligation or attribution. This subsection survives termination of these Terms.

You may not use the Service to: abuse the platform or other users; interfere with service availability; bypass rate limits or access controls; scrape restricted data; probe, scan, or test the vulnerability of any system without written authorization; misuse another user's Account; upload malicious code; manipulate rewards, referrals, or Platform Credits; misrepresent Outputs as personalized advice to third parties; hold yourself out as an investment adviser, broker-dealer, or fiduciary on the basis of material obtained from the Service; or violate applicable law, including securities law.

Monstra may investigate suspected violations and may suspend or terminate access, remove content, or restrict features in response.

The Source Code is licensed as described in § 9.3. All other elements of the Service, including Monstra's branding, wordmark, logo, product copy, official bot materials, documentation, and platform content outside the Source Code, are the property of Monstra or its licensors and are protected by intellectual property law. No trademark license is granted by these Terms or by the AGPL-3.0.

1. You may create, publish, and subscribe to Creator Bots and related strategy content.
2. Ownership and license. You retain ownership of your User Content. You grant Monstra a worldwide, non-exclusive, royalty-free license to host, store, reproduce, display, distribute, and make derivative works of your User Content solely to operate, promote, and improve the Service.
3. Duration of that license. You may unpublish a Creator Bot at any time, and Monstra will remove it from public availability within a reasonable period. The license in item 2 ends when you unpublish, except that it continues to the extent necessary to: (a) continue operating a Creator Bot for users who subscribed to it before you unpublished, for a transition period Monstra determines in good faith; (b) retain archival, backup, and log copies made in the ordinary course; and (c) comply with legal or regulatory obligations. This item survives termination of your Account.
4. You represent that you have the rights necessary to publish your User Content and that it does not infringe any third-party right or violate applicable law.
5. Creators are responsible for the material they publish, including its accuracy, legality, and suitability, and must not present a Creator Bot as personalized investment advice or as a guarantee of results.
6. Performance claims. Any performance figures displayed for a Creator Bot are generated by Monstra from system runs and labeled under § 16. You may not state or imply performance figures, returns, win rates, drawdowns, or track records in a Creator Bot's name, description, parameters, or commentary that were not generated by the Service. You may not include testimonials, guarantees, projections of future results, or claims that a Creator Bot is suitable for any particular person. Monstra may remove or unpublish content that does not comply.
7. Monstra may review, limit, remove, or disable User Content that violates product rules, creates abuse risk, or harms the platform experience, and may do so without prior notice.
8. Copyright claims. Monstra has designated an agent to receive notifications of claimed copyright infringement under the Digital Millennium Copyright Act. Notices may be sent to Support@monstra.bot; the designated agent's current contact information is listed in the U.S. Copyright Office Directory of Designated Agents. A valid notice must include: (a) a physical or electronic signature of the rights owner or authorized agent; (b) identification of the copyrighted work claimed to be infringed; (c) identification of the material claimed to be infringing and information sufficient to locate it; (d) your contact information; (e) a statement that you have a good-faith belief the use is not authorized; and (f) a statement, under penalty of perjury, that the information is accurate and you are authorized to act. Monstra may remove allegedly infringing content, will forward counter-notifications as required by law, and will terminate the Accounts of repeat infringers in appropriate circumstances.

1. Monstra does not currently offer creator cash payouts. Creator rewards are Platform Credits only.
2. Platform Credits are a revocable license to use a feature of the Service. They are not property, not a security, not a stored-value or payment instrument, and confer no ownership or equity interest in Monstra.
3. Platform Credits are not earned in proportion to, and are not compensation for, any securities transaction, order, or amount of assets held or traded by you or by any other user.
4. Monstra may deny, reverse, limit, or revoke rewards or Platform Credits in cases of abuse, duplicate accounts, self-referral, fraud, suspicious activity, technical error, or violation of these Terms.
5. Monstra may modify, devalue, expire, or discontinue any reward or Platform Credit program at any time. Unused Platform Credits are forfeited on Account termination and are not refundable.

The Service relies on third-party providers, including identity and authentication providers, brokerage connectivity providers, market data vendors, and infrastructure and hosting providers. A current list of the principal providers Monstra uses is maintained at www.monstra.bot and in the Monstra Privacy Policy. Those services operate under their own terms, privacy practices, uptime constraints, and operational rules, and your use of them may be subject to separate agreements with those providers.

Monstra is not responsible for third-party outages, policy changes, account restrictions, data errors, or brokerage-side execution behavior outside Monstra's direct control.

Monstra's collection and use of personal information is described in the Monstra Privacy Policy. By using the Service you consent to that processing. Brokerage access tokens are stored in encrypted form; no method of transmission or storage is completely secure, and Monstra does not warrant that unauthorized access will never occur.

16.1 Market risk

All investing and trading activity involves market risk, including the possible loss of value. Monstra does not guarantee returns, profits, execution quality, data accuracy, or strategy outcomes. You assume full responsibility for any decision you make, and any position you take, in connection with the Service.

16.2 How results are labeled

Results displayed on the Service are labeled by how they were produced:

• Backtested results are hypothetical. They are produced by applying a Bot's rules to historical data. No order was placed, no position was held, and no money was at risk.
• Paper results reflect simulated orders placed against a brokerage paper or sandbox environment using no real funds.

No result displayed on the Service reflects trading in a live brokerage account with real funds. Where a figure is not expressly labeled as live, it is not live.

16.3 Limitations of hypothetical and simulated results

Past simulated, backtested, or historical performance does not guarantee future results. Hypothetical and simulated results have inherent limitations: they are prepared with the benefit of hindsight, they may reflect rules selected because they performed well on the same data used to test them, and they do not reflect the effect of real liquidity, slippage, partial fills, fees, commissions, borrowing costs, taxes, or emotional decision-making. Results shown for a Bot reflect the parameters and overlays used in that run and will differ from results you obtain with different settings, different timing, or a different account.

THE SERVICE, INCLUDING ALL OUTPUTS, DATA, AND CONTENT, IS PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT WARRANTY OF ANY KIND. TO THE FULLEST EXTENT PERMITTED BY LAW, MONSTRA DISCLAIMS ALL WARRANTIES, EXPRESS, IMPLIED, OR STATUTORY, INCLUDING IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, ACCURACY, AND NON-INFRINGEMENT, AND ANY WARRANTY ARISING FROM COURSE OF DEALING OR USAGE OF TRADE. MONSTRA DOES NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE.

Some jurisdictions do not allow the exclusion of certain warranties, so parts of this section may not apply to you.

TO THE FULLEST EXTENT PERMITTED BY LAW, MONSTRA AND ITS MEMBERS, OFFICERS, CONTRACTORS, AND AGENTS WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, DATA, GOODWILL, OR TRADING OR INVESTMENT LOSSES, ARISING OUT OF OR RELATING TO THE SERVICE, WHETHER BASED IN CONTRACT, TORT, STRICT LIABILITY, OR ANY OTHER THEORY, AND WHETHER OR NOT MONSTRA HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

MONSTRA'S TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICE WILL NOT EXCEED THE GREATER OF THE AMOUNT YOU PAID MONSTRA FOR THE SERVICE IN THE TWELVE MONTHS PRECEDING THE CLAIM, OR ONE HUNDRED U.S. DOLLARS ($100). BECAUSE THE SERVICE IS PROVIDED FREE OF CHARGE, THIS CAP MAY BE THE FULL EXTENT OF MONSTRA'S LIABILITY.

Nothing in these Terms excludes or limits liability that cannot be excluded or limited under applicable law, including liability for fraud, fraudulent misrepresentation, willful injury, or violation of law. These limitations apply even if a limited remedy fails of its essential purpose. Some jurisdictions do not allow certain limitations, so parts of this section may not apply to you.

You agree to indemnify, defend, and hold harmless Monstra and its members, officers, contractors, and agents from and against any claim, demand, loss, liability, damage, cost, or expense, including reasonable attorneys' fees, arising out of or relating to: (a) your use of the Service; (b) your User Content or Creator Bots; (c) your breach of these Terms; (d) your violation of applicable law or of any third-party right; or (e) your use of any self-hosted instance.

These Terms apply from your first use of the Service until terminated. You may stop using the Service and delete your Account at any time. Monstra may suspend or terminate your access at any time, with or without notice, including for violation of these Terms, suspected abuse, legal or regulatory reasons, or discontinuation of the Service.

On termination, your license to the hosted Service ends immediately and unused Platform Credits are forfeited. Sections that by their nature should survive, including § 9.6 (Feedback), § 12.3 (duration of the User Content license), §§ 10–13, and §§ 16–25, survive termination.

Monstra may modify the Service or these Terms at any time. Material changes will be posted at www.monstra.bot with an updated effective date and, where practicable, notice through the Service. Your continued use after the effective date of a change constitutes acceptance of the revised Terms. If you do not agree to a change, you must stop using the Service.

A change to these Terms does not apply retroactively to a dispute for which a party gave notice under § 23.1 before the change took effect. Changes to § 23 are additionally governed by § 23.7.

These Terms are governed by the laws of the State of California, without regard to its conflict-of-laws rules, and by applicable U.S. federal law. Subject to § 23, you and Monstra submit to the exclusive jurisdiction of the state and federal courts located in San Francisco County, California.

1. Informal resolution. Before filing a claim, you agree to contact Support@monstra.bot with a short description of the dispute and the relief sought, and to attempt in good faith to resolve it informally for at least 30 days. The limitations period on the claim is tolled during that period.
2. Binding arbitration. Any dispute arising out of or relating to these Terms or the Service that is not resolved informally will be settled by binding individual arbitration administered by the American Arbitration Association (“AAA”) under its Consumer Arbitration Rules then in effect, before a single arbitrator. The AAA rules are available at adr.org. If AAA is unavailable or declines to administer the arbitration consistent with these Terms, the parties will select a substitute provider by agreement, and failing agreement, a court in San Francisco County, California may appoint one. This arbitration agreement is governed by the Federal Arbitration Act.
3. Hearing format and location. Arbitration will be conducted by written submission, telephone, or videoconference unless the arbitrator determines that an in-person hearing is necessary. Any in-person hearing will be held, at your election, in the county of your residence or in San Francisco County, California.
4. Fees. Monstra will pay all AAA filing, administrative, and arbitrator fees for a claim you bring, except that you remain responsible for the portion of the filing fee equal to what it would have cost you to file the same claim in a court of competent jurisdiction. Monstra will not seek its attorneys' fees from you unless the arbitrator finds your claim or the relief sought to be frivolous or brought for an improper purpose. Nothing here limits your right to recover fees where a statute provides for them.
5. Class action waiver. Claims may be brought only in an individual capacity. You and Monstra waive any right to participate in a class, collective, consolidated, or representative action, and the arbitrator may not consolidate claims or preside over any form of representative proceeding. If this item 5 is held unenforceable as to a particular claim or request for relief, that claim or request will be severed and heard in a court of competent jurisdiction in San Francisco County, California, and the remaining claims will proceed in arbitration.
6. Opt-out. You may opt out of this § 23 by emailing Support@monstra.bot within 30 days of first accepting these Terms, stating your name, Account email, and intent to opt out. Opting out does not affect any other provision, and Monstra will not retaliate against you for opting out.
7. Changes to this section. If Monstra materially amends this § 23, you may reject the amendment by emailing Support@monstra.bot within 30 days of the amendment's effective date, in which case the version of this section in effect immediately before the amendment will continue to govern disputes between you and Monstra. An amendment does not apply to a dispute for which notice was given under item 1 before the amendment took effect.
8. Exceptions. Either party may bring a claim in small claims court, and either party may seek injunctive relief in court to protect intellectual property rights or to address unauthorized access.
9. Survival. This § 23 survives termination of these Terms and of your Account.

Under California Civil Code § 1789.3, California residents are entitled to the following notice. The Service is currently provided free of charge. The provider of the Service is Monstra, LLC, which may be contacted at Support@monstra.bot. The Complaint Assistance Unit of the Division of Consumer Services of the California Department of Consumer Affairs may be contacted in writing at 1625 North Market Blvd., Suite N 112, Sacramento, CA 95834, or by telephone at (800) 952-5210.

California residents' rights regarding personal information, including rights under the California Consumer Privacy Act as amended, are described in the Monstra Privacy Policy.

1. Entire agreement. These Terms, together with the documents incorporated by reference, are the entire agreement between you and Monstra regarding the Service and supersede all prior understandings.
2. Severability. If any provision is held unenforceable, it will be limited or severed to the minimum extent necessary and the remaining provisions will remain in full force.
3. No waiver. Monstra's failure to enforce any provision is not a waiver of its right to do so later.
4. Assignment. You may not assign these Terms without Monstra's written consent. Monstra may assign these Terms in connection with a merger, acquisition, reorganization, or sale of assets, including a conversion to a corporate entity.
5. Force majeure. Neither party is liable for any failure to perform caused by events beyond its reasonable control.
6. No third-party beneficiaries. These Terms create no rights in any third party, except that the disclaimers and liability limits extend to Monstra's contractors and providers.
7. Notices and electronic communications. You consent to receive communications electronically, and agree that electronic notice satisfies any legal requirement that a communication be in writing. Notices to Monstra must be sent to Support@monstra.bot and are effective on the business day after they are sent. Monstra may give you notice by email to the address associated with your Account or by posting within the Service. Where applicable law requires notice or service at a physical address, notice may be given to Monstra's registered agent as listed in the public records of the California Secretary of State.
8. Relationship. Nothing in these Terms creates a partnership, joint venture, agency, employment, or advisory relationship between you and Monstra.

Entity

Monstra, LLC

Website

www.monstra.bot

Legal contact

Support@monstra.bot

Service of process

Registered agent on file with the California Secretary of State

Source code

github.com/MPoncini96/Monstra (AGPL-3.0)

Effective date

September 18, 2026

Last revised

September 18, 2026

© 2026 Monstra, LLC. All rights reserved.