Market Brief
Loading your market view…
Loading your market view…
Effective October 3, 2026
ScenarioTrader is operated by ScenarioTrader, LLC (“ScenarioTrader,” “we,” “us,” or “our”).
By creating an account, accessing or using ScenarioTrader, or purchasing a subscription, you agree to these Terms of Use and acknowledge this Privacy Notice.
ScenarioTrader is a software platform for investment education, research, scenario analysis, simulated trading campaigns, historical analysis, backtesting, community discussion, and record tracking.
ScenarioTrader does not execute securities transactions, control brokerage accounts, or make investment decisions on behalf of users.
Unless ScenarioTrader expressly identifies a separate service as providing regulated advisory services, ScenarioTrader's scenarios, simulations, charts, historical information, backtests, examples, community content, analytical tools, rankings, calculations, alerts, and software-generated outputs are provided as general informational and educational tools and are not intended to constitute individualized investment, financial, tax, or legal advice or a recommendation to buy, sell, or hold any security.
Outputs may be generated using information, parameters, assumptions, filters, positions, strategies, or other inputs selected or supplied by you. The fact that an output reflects user-supplied information does not mean that ScenarioTrader has evaluated whether a security, transaction, strategy, or level of risk is suitable or appropriate for you.
You remain responsible for independently evaluating any information or output and for all investment and trading decisions you make. ScenarioTrader does not undertake a fiduciary duty or assume responsibility for managing your assets by providing access to the service.
Options and other securities involve substantial risk, including the possible loss of some or all capital committed to a transaction.
Historical, hypothetical, simulated, and backtested results have inherent limitations and do not predict or guarantee future performance. Actual results may differ materially.
You are responsible for maintaining the confidentiality and security of your account credentials and for activity occurring through your account.
You may connect only accounts, credentials, API keys, and services that you own or are authorized to use.
You may not attempt to access another user's account, circumvent access restrictions, interfere with the service, introduce malicious software, scrape or redistribute restricted data, misuse third-party services, or use ScenarioTrader for unlawful purposes.
ScenarioTrader may suspend or terminate access when reasonably necessary to protect the service, its users, third-party providers, or ScenarioTrader, or to address violations of these Terms.
ScenarioTrader is separate from your broker and does not place, route, execute, modify, or cancel brokerage orders.
Any authorization you provide to a broker, market-data provider, payment processor, or other third-party service is governed separately by your agreement with that provider.
Third-party services may impose their own licenses, entitlements, usage restrictions, fees, rate limits, and redistribution restrictions.
Purchasing a ScenarioTrader subscription does not itself purchase a third-party market-data subscription or grant permission to access, use, display, or redistribute third-party data beyond the rights granted by the applicable provider.
ScenarioTrader may restrict, modify, or discontinue access to provider data when reasonably necessary to comply with provider requirements, licensing restrictions, applicable law, or changes in provider availability.
Third-party data and services may be delayed, incomplete, inaccurate, modified, interrupted, or unavailable. ScenarioTrader does not guarantee their accuracy or continued availability.
Broker records control with respect to actual orders, executions, positions, balances, and fills. You should verify trading records against your broker's records.
Simulated and backtested results are hypothetical.
They may use assumptions, approximations, historical information, modeled prices, or information that would not have been available in the same form during actual trading.
Simulations and backtests may not fully reflect liquidity, bid-ask spreads, slippage, commissions, fees, taxes, assignment or exercise risk, execution delays, market impact, changing volatility, unavailable contracts, data errors, corporate actions, or other conditions experienced in actual trading.
The selection of assumptions, time periods, strategies, parameters, or examples may materially affect simulated or backtested results.
No simulation, historical result, scenario, backtest, probability, calculation, or other analytical output represents a promise or guarantee of future results.
You retain ownership of content you create and submit to ScenarioTrader.
By posting content to a community area or deliberately sharing a scenario, campaign, snapshot, comment, or other contribution, you grant ScenarioTrader a nonexclusive license to host, store, reproduce, display, and distribute that content as reasonably necessary to operate the community or sharing feature you selected.
Shared scenarios and snapshots are independent copies. Sharing them does not provide another user with access to your brokerage account, provider credentials, private account information, or subsequently modified versions unless a feature expressly states otherwise.
You may share only content and data that you own or have permission to share.
Do not post passwords, API keys, authentication tokens, brokerage account numbers, private broker records, confidential information, another person's personal information without authorization, or market data that you are not permitted to redistribute.
Harassment, impersonation, deception, unlawful content, unauthorized data distribution, manipulation of the service, and attempts to compromise ScenarioTrader or other users are prohibited.
ScenarioTrader may moderate, restrict, or remove community content and may suspend or terminate accounts when reasonably necessary to enforce these Terms or protect the service or its users.
ScenarioTrader does not endorse or verify investment opinions, strategies, results, or other statements posted by users.
ScenarioTrader and its software, interface, branding, documentation, site content, designs, databases, and underlying technology are owned by or licensed to ScenarioTrader, LLC and are protected by applicable intellectual-property laws.
Your subscription gives you a limited, personal, nonexclusive, nontransferable, and revocable right to use the service while your account is authorized and these Terms are in effect.
Your subscription does not transfer ownership of ScenarioTrader software, proprietary content, intellectual property, or third-party data to you.
You may not copy, reverse engineer, reproduce, redistribute, resell, sublicense, or commercially exploit ScenarioTrader or its proprietary content except as expressly permitted by ScenarioTrader or applicable law.
ScenarioTrader may offer a 30-day no-card trial. A no-card trial does not automatically convert into a paid subscription and does not automatically charge you.
If you separately choose a paid subscription, the checkout process will disclose the applicable price, billing frequency, renewal terms, and other material payment terms before you authorize payment.
Recurring subscriptions continue and renew according to the terms disclosed at checkout until cancelled.
You may cancel a paid subscription through the available billing settings. Cancellation prevents the next applicable renewal charge.
Unless otherwise stated at checkout or required by applicable law, cancellation does not terminate access already paid for, and paid access continues through the end of the current paid billing period.
Refund requests are reviewed by ScenarioTrader, LLC subject to the terms presented at purchase and applicable law.
Promotional, complimentary, or free-access codes may have limits on duration, eligibility, recipient, use, or redemption and may be modified or revoked where permitted by law.
Expiration of paid, trial, or promotional access may place an account into read-only status. Where supported, saved information remains available for review, while editing, provider-data refresh, or other paid functionality may be disabled.
ScenarioTrader may collect and store information reasonably necessary to operate accounts and provide, secure, maintain, and improve the service, including:
ScenarioTrader uses this information to provide and administer the service, authenticate users, maintain subscriptions and access rights, operate requested integrations and features, provide support, prevent abuse, maintain security, comply with legal obligations, and improve the service.
ScenarioTrader does not sell users' personal information and does not use users' private scenarios, brokerage information, provider credentials, or private trading records for third-party advertising.
ScenarioTrader uses administrative, technical, and organizational safeguards designed to protect account information, provider credentials, API keys, and other information entrusted to the service against unauthorized access, use, alteration, or disclosure.
Where ScenarioTrader stores provider credentials or secrets, it uses security controls appropriate to the nature and sensitivity of that information.
Where an integration is designed to operate directly between your authenticated browser and a third-party provider, credentials may instead be made available to your authenticated session for that purpose.
For example, where enabled, your own Alpha Vantage API key may be supplied to your authenticated browser for direct requests to that provider.
You are responsible for ensuring that you are authorized to provide and use any third-party credential or API key with ScenarioTrader.
No electronic system or method of storage or transmission can be guaranteed to be completely secure, and ScenarioTrader does not guarantee absolute security.
You are responsible for protecting credentials under your control and should promptly report suspected unauthorized access.
Additional technical details concerning particular integrations may be provided within the service or this Privacy Notice as integrations are implemented or changed.
ScenarioTrader may use third-party service providers for functions such as hosting, databases, authentication, communications, analytics, security, error monitoring, market data, software infrastructure, and payment processing.
Those providers may process information as reasonably necessary to perform their respective services and may also be subject to their own applicable terms and privacy practices.
Stripe processes payment-card and related payment information used for paid subscriptions.
ScenarioTrader does not need to receive your full payment-card number in order to maintain information concerning your subscription and payment status.
ScenarioTrader does not sell a market-data provider's data merely by charging for access to ScenarioTrader. Access to and use of third-party data remains subject to the applicable provider's license, subscription, entitlement, and redistribution requirements.
Community posts and information you deliberately publish or share with other authorized members are visible to the recipients or audience indicated by the applicable feature.
Information that you make available through a community feature should be treated as information that other authorized users may see, copy, discuss, or otherwise use.
Do not include passwords, API secrets, authentication tokens, account identifiers, confidential brokerage records, or personal information that you do not want other users to see.
ScenarioTrader is not responsible for actions another user takes with information you intentionally make available to that user, subject to rights and protections that cannot legally be excluded.
ScenarioTrader is designed to give you reasonable control over information you save in the service.
Where supported by the applicable feature, you may delete or clear saved scenarios, campaigns, notes, records, provider connections, and other user-created information from within your account.
You may also contact ScenarioTrader, LLC through Site Feedback to request access to, correction of, or deletion of personal information associated with your account.
Where required by applicable law, ScenarioTrader will provide applicable data portability or export rights in the form and manner required by law.
You may disconnect supported third-party providers from ScenarioTrader. Disconnecting a provider stops ScenarioTrader from using that connection for future requests but may not automatically delete historical information previously obtained from or created using that provider.
You should also revoke credentials or authorizations directly with the applicable third-party provider when you no longer want those credentials or authorizations to remain valid.
Following a verified account-deletion request, ScenarioTrader will delete or de-identify personal information and user-created information associated with the account from active systems, except where retention is reasonably necessary or permitted for legal or regulatory obligations, payment and transaction records, security and fraud prevention, enforcement of these Terms, legal claims, records of consent or acceptance of legal terms, or other purposes permitted or required by applicable law.
When a provider connection is removed or an account is deleted, ScenarioTrader will cease using stored credentials associated with that connection for future provider requests and will delete credentials from active systems when they are no longer reasonably necessary for an active authorized connection or another legally permitted purpose.
Deletion from active systems may not immediately remove information from backups, security logs, transaction records, or systems where immediate deletion is technically impracticable or retention is permitted or required by law.
Information remaining in backups will not be restored to ordinary active use except as reasonably necessary for disaster recovery, security, legal compliance, or system integrity.
Cancelling a paid subscription does not automatically delete your ScenarioTrader account or saved information.
After paid access expires, ScenarioTrader may maintain the account in read-only status as described in these Terms.
If you want your account and associated information deleted rather than retained in read-only status, you must use an available account-deletion feature or submit a deletion request through Site Feedback.
ScenarioTrader may take reasonable steps to verify your identity before fulfilling a request involving personal or account information.
ScenarioTrader will honor applicable privacy rights and legally required access, correction, deletion, portability, or similar requests. Nothing in these Terms limits privacy rights available under applicable law.
ScenarioTrader is an evolving service.
Features, integrations, providers, data sources, limits, subscription offerings, and functionality may be added, modified, suspended, or discontinued.
ScenarioTrader does not guarantee that any particular third-party provider, dataset, feature, integration, historical record, or analytical function will remain available.
To the maximum extent permitted by applicable law, ScenarioTrader is provided on an “AS IS” and “AS AVAILABLE” basis.
ScenarioTrader does not warrant uninterrupted operation or the accuracy, completeness, timeliness, availability, profitability, investment performance, or fitness for a particular trading or investment purpose of information or functionality provided through the service.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, SCENARIOTRADER, LLC AND ITS MEMBERS, MANAGERS, EMPLOYEES, CONTRACTORS, AND SERVICE PROVIDERS WILL NOT BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR LOST PROFITS, LOST TRADING OPPORTUNITIES, INVESTMENT LOSSES, LOSS OF DATA, OR LOSSES ARISING FROM RELIANCE ON DATA, ANALYSIS, SIMULATIONS, BACKTESTS, THIRD-PARTY SERVICES, OR SERVICE INTERRUPTIONS.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, SCENARIOTRADER, LLC'S AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THE SERVICE OR THESE TERMS WILL NOT EXCEED THE GREATER OF:
(A) THE AMOUNT YOU PAID TO SCENARIOTRADER, LLC DURING THE TWELVE MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM; OR
(B) $100.
THESE LIMITATIONS APPLY REGARDLESS OF THE THEORY OF LIABILITY AND EVEN IF SCENARIOTRADER, LLC HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Nothing in these Terms excludes or limits liability, remedies, warranties, or consumer rights that applicable law does not permit to be excluded or limited.
ScenarioTrader may update these Terms as the service, applicable laws, providers, or business practices change.
When an update is material, ScenarioTrader will provide notice and may require you to affirmatively accept the updated Terms before continuing to use affected portions of the service.
ScenarioTrader may preserve records identifying the version of the Terms you accepted and the date and time of acceptance.
Declining updated Terms does not by itself cancel an existing recurring subscription.
You must use the available billing cancellation mechanism to stop future subscription renewals.
You may stop using ScenarioTrader at any time and may cancel a paid subscription through the available billing settings.
ScenarioTrader may suspend or terminate access for violations of these Terms, unlawful or abusive activity, security risks, nonpayment, misuse of third-party data or services, or where continued operation of an account would create material legal, security, or operational risk.
Rights and obligations that by their nature should survive termination—including intellectual-property rights, payment obligations already incurred, disclaimers, limitations of liability, and dispute provisions—continue after termination.
These Terms and your use of ScenarioTrader are governed by the laws of the Commonwealth of Virginia, without regard to conflict-of-law principles, except to the extent applicable law requires otherwise.
Subject to any rights that cannot lawfully be limited by agreement, any legal action arising out of or relating to these Terms or the service may be brought in a state or federal court having jurisdiction in the Commonwealth of Virginia, and you and ScenarioTrader, LLC consent to the jurisdiction of those courts.
Before filing a legal action, you and ScenarioTrader agree to make a reasonable good-faith effort to resolve the dispute informally by providing notice of the dispute and allowing a reasonable opportunity for resolution.
This informal-resolution requirement does not prevent either party from seeking immediate relief when reasonably necessary to protect legal rights, security, confidential information, intellectual property, or against imminent harm.
Nothing in these Terms limits consumer rights or remedies that applicable law does not permit to be waived or restricted.
Questions concerning ScenarioTrader, these Terms, privacy, account information, correction, deletion, billing, or other service concerns may be submitted to ScenarioTrader, LLC through Site Feedback.
ScenarioTrader may request reasonable information necessary to verify your identity before fulfilling a request involving account or personal information.
These Terms, together with additional terms expressly presented for a particular subscription, integration, promotion, or feature, constitute the agreement governing your use of ScenarioTrader.
If any provision of these Terms is determined to be invalid or unenforceable, that provision will be enforced to the maximum extent permitted by applicable law, and the remaining provisions will continue in effect.
A failure by ScenarioTrader to enforce a provision of these Terms does not waive the right to enforce it later.
Nothing in these Terms waives any right or protection that applicable law does not permit to be waived.
ScenarioTrader, LLC Terms of Use and Privacy Notice Effective October 3, 2026