Last updated: August 2026
By using the Cliro platform (the "Application" or "Service"), operated by Cliro ("Cliro", "we", "us", or "our"), you agree to be bound by these Terms of Service and our Privacy Policy. If you do not agree to these terms, in whole or in part, please discontinue use of the Service and close your account immediately.
Your use of the Service is also subject to our Privacy Policy, which is incorporated into these Terms by reference. The Privacy Policy describes how we collect, process, and protect your information.
The Service is intended for individuals aged 18 and older who have the legal capacity to enter into binding agreements. The Service is not intended for minors. By registering, you represent and warrant that you are at least 18 years of age.
Cliro is a technology tool for self-documentation, trade journaling, and behavioral/psychological awareness in financial trading. The Service is intended solely as a tool for documentation, analysis, and self-awareness, and is not intended to replace the user's independent judgment or professional advice of any kind.
No advisory relationship: The Application, its content, insights, and generated reports do not constitute financial advice, investment recommendations, a solicitation to trade, or professional market analysis.
No regulatory status: Cliro is not a broker, investment advisor, investment marketer, portfolio manager, or any regulated financial entity under any jurisdiction.
Sole responsibility: Trading in financial markets involves substantial risk of financial loss. All trading decisions, investments, entries, and exits are the sole and exclusive responsibility of the user.
No recommendation to act: Nothing in the Application, its insights, AI analyses, or any other content constitutes a recommendation to take any action, including buying, selling, or holding securities, futures, currencies, or any other financial instrument. Information presented in Cliro is for learning, documentation, and self-awareness purposes only.
No guarantee of improved performance:Cliro does not guarantee improved trading performance, reduced losses, or increased profits. Cliro is designed to improve the trader's self-awareness, not to maximize profits. Better decisions do not guarantee profitable outcomes. All insights are intended solely to help users understand their own behavioral patterns.
Some insights, analyses, summaries, and feedback presented in the Service are generated by third-party artificial intelligence (AI) systems ("AI Outputs"). These outputs are intended for informational, educational, and personal awareness purposes only.
No professional diagnosis: The behavioral and psychological insights presented in the system (including trading pattern analysis, cognitive biases, or emotional states) are generated automatically and do not constitute psychological, medical, therapeutic, or professional advice of any kind.
You acknowledge and agree that all AI Outputs are generated automatically and are not reviewed or audited by any human agent of Cliro. AI technology may produce incorrect, incomplete, inaccurate, or outdated information ("hallucinations"). You should not rely on AI Outputs for financial or personal decisions. Data entered for analysis may be processed by external AI providers in accordance with our Privacy Policy.
Real-time alerts (Tilt Guard): System alerts are informational only and should not be interpreted as trading recommendations. Their purpose is to support self-awareness only.
Scores and comparisons: Scores, rankings, and comparisons displayed in the system (including Benchmark) are statistical indicators intended solely to help understand behavioral patterns. They should not be considered a guarantee of future trading performance. Comparisons are based on anonymized, aggregated user data.
Imported data: Trading data imported into the system (via CSV or API connections) is processed based on the information provided. Users are responsible for verifying the accuracy and completeness of imported data before relying on it.
You acknowledge and agree that the Service may be in a development, experimental, or beta stage. Accordingly, bugs, code errors, temporary or permanent data loss, or frequent and material changes in functionality may occur. We do not guarantee that the Service will be continuously available, fully secure, or error-free.
Free period:As of the date of these terms, the Service or parts thereof may be offered at no charge (the "Free Period"). Cliro reserves the right, at its sole discretion, to discontinue the Free Period, change the scope of the free service, or convert the Service (in whole or in part) to a paid monthly or periodic subscription model, with prior notice to users.
Subscription model: If you choose to subscribe to a paid plan, billing will be on a recurring subscription basis and will be charged automatically each billing cycle (monthly/annual).
Monthly subscription cancellation:
Annual subscription cancellation (prepaid):
How to cancel:
Cancellation takes effect after email confirmation from the Cliro team. Confirmation will be sent within 5 business days.
You are solely responsible for maintaining the confidentiality of your account credentials and for all activity that occurs under your account. You are solely responsible for all trading decisions, profits, or financial losses, as well as the accuracy, correctness, and legality of data you enter into the system.
You must notify Cliro immediately if you become aware of or suspect that your account credentials have been compromised, lost, or used without authorization.
Data ownership: All data, trade journals, and personal content actively entered by the user into the system belong to the user. The user grants Cliro a limited, free, worldwide license to process the data for the purpose of providing, maintaining, securing, and improving the Service and developing new features (in anonymized form).
User representations:You represent that you have the legal rights to the content and data you upload to the system, and that uploading it does not infringe on any third party's intellectual property or privacy rights.
Platform intellectual property: The Application code, algorithms, graphic design, logo, trademarks, database structure, and analysis methods are the exclusive property of Cliro. You may not copy, reproduce, distribute, publish, publicly display, sell, lease, assign, or create derivative works from any part of the Service without prior written permission from Cliro.
You are strictly prohibited from:
You may request account closure and deletion at any time. Upon account closure, Cliro will delete or anonymize your personal data as described in the Privacy Policy, subject to any legal retention obligations and reasonable operational or legal needs. Cliro may suspend, block, or terminate a user account immediately in the event of a violation of these terms or damage to the system.
THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE." IN NO EVENT SHALL CLIRO, ITS DIRECTORS, EMPLOYEES, OR AGENTS BE LIABLE FOR ANY DIRECT, INDIRECT, CONSEQUENTIAL, SPECIAL, OR INCIDENTAL DAMAGES (INCLUDING TRADING LOSSES, DATA LOSS, OR REPUTATIONAL HARM) ARISING FROM THE USE OR INABILITY TO USE THE SERVICE.
IN ANY EVENT WHERE A COURT OF COMPETENT JURISDICTION DETERMINES THAT CLIRO BEARS ANY LIABILITY, CLIRO'S MAXIMUM AGGREGATE LIABILITY FOR ALL CLAIMS SHALL NOT EXCEED THE TOTAL AMOUNT ACTUALLY PAID BY THE USER FOR THE SERVICE DURING THE 3 MONTHS PRECEDING THE EVENT GIVING RISE TO THE CLAIM. WHERE THE SERVICE WAS PROVIDED FREE OF CHARGE (FREE PERIOD/BETA), CLIRO'S AGGREGATE LIABILITY SHALL BE LIMITED TO THE MINIMUM PERMITTED BY APPLICABLE LAW.
Cliro shall not be liable for any delay, unavailability, or failure in providing the Service resulting from events beyond its reasonable control, including but not limited to: distributed cyber attacks (DDoS), global security breaches, failures in global or local internet infrastructure, cloud server outages (e.g., AWS/Google Cloud), power outages, war, acts of terrorism, strikes, natural disasters, or failures of third-party providers (including AI or WhatsApp providers).
Cliro may discontinue the Service, in whole or in part, temporarily or permanently, at any time and at its sole discretion, subject to applicable law and without any obligation to compensate users (except for a pro-rata refund of prepaid subscription fees for any unused period, if applicable).
Cliro may update, modify, or replace algorithms, AI models, analysis methods, scoring calculations, rankings, and insights presented in the Service from time to time, at its sole discretion. Such changes may affect how data, scores, analyses, or behavioral insights are displayed, and you agree that this does not constitute a commitment to maintain identical results, scores, or analyses over time.
By providing your phone number and email address and enabling reminders or alerts, you expressly consent to receiving operational messages, reminders, system updates, and Service-related communications via WhatsApp, SMS, and/or email. You may withdraw this consent at any time through your Profile settings in the Application or by sending an unsubscribe message (e.g., "STOP") through the relevant channel. Marketing or promotional communications will be subject to separate, explicit user consent in accordance with applicable law.
We reserve the right to update and modify these terms from time to time. If material changes are made, a notice will be published in the Application or an email will be sent to users. Continued use of the Service after the updated Terms take effect constitutes acceptance of the updated terms.
If any provision of these Terms is found by a court of competent jurisdiction to be invalid, void, or unenforceable, the remaining provisions shall continue in full force and effect.
These Terms shall be governed exclusively by the laws of the State of Israel. The exclusive jurisdiction for any dispute or claim arising from these Terms or the use of the Service shall be vested in the competent courts of the Tel Aviv-Jaffa district.
