1.Scope and Acceptance
This Auto-Execution Authorization and Risk Disclosure (the "Authorization") governs your enabling and use of Auto-Execution features on the Alertsify platform. By enabling Auto-Execution for any Lead Trader, you acknowledge you have read, understood, and agree to be bound by this Authorization, the Alertsify Terms of Service, the No Refund Policy, the Privacy Policy, and the End User License Agreement (collectively, the "Terms"). In the event of any conflict between this Authorization and the Terms of Service, the Terms of Service govern.
Naming note: The feature described in this Authorization is referred to elsewhere — including in older versions of this document (which was previously titled "Copy Trading Authorization and Risk Disclosure"), on certain Alertsify product surfaces, in industry usage, and in some marketing materials — as "copy trading." The terms "Auto-Execution" and "copy trading" refer to the same underlying feature for purposes of this Authorization.
2.Definitions
Auto-Execution means the Alertsify feature that, once enabled by you, mechanically transmits trade instructions to your connected Broker based on (i) the on-platform trading activity of an independent third-party Lead Trader you have selected and (ii) the configuration settings (such as position sizing, risk controls, automation toggle, and per-trader pause) you have set. Also referred to as "copy trading."
Lead Trader means an independent third-party user of the Alertsify platform whose on-platform trade activity may serve as a signal source for Auto-Execution. Lead Traders are not employees, representatives, agents, or fiduciaries of Alertsify.
Broker means the third-party brokerage firm where your account is held and where all trades are actually executed. Alertsify does not custody your funds or securities.
Signals means the broker-detected fill data and related trade events generated when a Lead Trader opens, modifies, or closes a position in their own brokerage account, as captured by Alertsify's broker-connectivity infrastructure.
3.What You Are Authorizing
By enabling Auto-Execution for one or more Lead Traders, you authorize Alertsify to do the following on your behalf, mechanically and based solely on your configuration:
- (a) Receive Signals derived from the Lead Trader's on-platform trade activity through Alertsify's broker-connectivity infrastructure;
- (b) Generate corresponding order instructions for your own connected Broker account, sized and constrained according to the position sizing rules, risk controls, and other settings you have selected within the controls available in your subscription tier;
- (c) Transmit those order instructions to your Broker via your authorized broker connection (currently provided through SnapTrade via OAuth);
- (d) Display the resulting fill data, position information, P&L, and status back to you in the Alertsify platform;
- (e) Record the resulting trade activity for analytics, leaderboard calculations, and tax-export purposes consistent with the Privacy Policy.
Auto-Execution is opt-in, configured per Lead Trader, and reversible by you at any time. You are not authorizing Alertsify to make discretionary decisions on your behalf, to evaluate suitability for you, to deviate from your configured settings, to hold your funds, or to act as your investment adviser or broker.
4.Nature of the Service — No Advice, No Discretion, No Fiduciary Duty
Enabling Auto-Execution does NOT create an investment advisory, brokerage, custodial, or fiduciary relationship between you and Alertsify, between you and any Lead Trader, or between any Lead Trader and Alertsify. Specifically:
- Alertsify is a software and automation tool, not a registered investment adviser or broker-dealer;
- Alertsify does not select, recommend, endorse, curate, or evaluate the suitability of any Lead Trader, strategy, ticker, or trade for you;
- Alertsify does not exercise discretion over your account — Auto-Execution mechanically applies the rules you configure and stops, pauses, or changes only when you change them;
- Alertsify does not custody or hold your funds or securities — all assets remain at your Broker throughout;
- Lead Traders are independent third parties whose trading activity Alertsify makes available as a signal source. Alertsify does not direct, supervise, or guarantee any Lead Trader's trading or regulatory compliance.
You are using Alertsify as a self-directed software tool. You alone are responsible for the trading decisions reflected in your selection of Lead Traders, your configuration of automation rules, and your independent management of your Broker account.
5.Self-Directed Election — You Choose, You Configure, You Control
By enabling Auto-Execution, you confirm that:
- (a) You have selected the Lead Trader(s) you wish to follow based on your own evaluation, including your own review of broker-verified historical trade data, available Lead Trader information, and your own determination that following them is appropriate for your circumstances;
- (b) You have configured the automation settings (including position sizing, manual approval mode where applicable, per-trader pause, automation toggle, and any other controls available in your subscription tier) according to your own assessment of what is appropriate for you;
- (c) You can pause Auto-Execution per Lead Trader, per ticker (where available), or globally at any time;
- (d) You can disable Auto-Execution entirely at any time, after which any platform alerts will continue to be delivered (where applicable) for your manual review and confirmation rather than mechanical execution;
- (e) You can revoke Alertsify's broker connection at any time directly through your Broker's security settings, independent of Alertsify;
- (f) You retain active control of your Broker account through your Broker's own tools, applications, and interfaces, independent of Alertsify.
Alertsify does not pre-select, target, or recommend Lead Traders to specific users. All Lead Traders meeting the platform's minimum eligibility requirements are equally browseable, and leaderboard or ranking displays are based on objective, formulaic criteria applied uniformly across the eligible Lead Trader universe.
6.Specific Risks of Auto-Execution
Auto-Execution is a high-risk feature. By enabling it, you acknowledge and accept the following risks, in addition to all other risks described in the Terms of Service and the Alertsify Risk Disclosure:
6.1General trading risk
Trading securities, options, and other instruments involves substantial risk, including the complete loss of your investment. Options trading in particular carries the risk of total and rapid loss of premium paid. Auto-Execution does not reduce these risks; it may amplify them by executing trades faster and in greater volume than you could manually.
6.2Lead Trader performance risk
A Lead Trader's past performance is not indicative of future results. A historically profitable Lead Trader can become unprofitable at any time. A Lead Trader may experience significant losing streaks, change strategies, trade emotionally, encounter personal or technical problems, or otherwise produce results materially different from their broker-verified historical track record. Alertsify does not vet, supervise, or guarantee any Lead Trader's future performance, judgment, or behavior.
6.3Speed and volume risk
Auto-Execution typically executes trades in your account in under one second under normal conditions. This means losses can accrue faster than you could manually intervene. A Lead Trader experiencing a bad session, a runaway error, an unusual trading pattern, or a compromised account may generate many losing trades in your account before you could review and stop the automation. You are responsible for choosing position-sizing and risk-control settings that account for this speed and volume risk.
6.4Tracking and execution differences
Your fills will not match the Lead Trader's fills. Differences may arise from latency, slippage, partial fills, broker routing differences, account size differences, available buying power, margin and pattern day trader rules, ticker availability or restrictions at your Broker, market conditions, time-of-day variances, and other factors. Alertsify does not guarantee execution timing, fill quality, fill price, fill quantity, or tracking accuracy, and does not guarantee that your account's results will mirror the Lead Trader's results.
6.5Technical and infrastructure risk
Software bugs, platform outages, broker API failures, network issues, payment processor issues, and Third-Party Service interruptions may cause trades to execute incorrectly, fail to execute, execute at unintended prices or quantities, or execute with delays. None of these events create a right to refund or compensation. (See Terms of Service Section 9 and No Refund Policy Section 7.)
6.6Orphaned positions
Where a Lead Trader exits a position but the corresponding close order in your account fails to execute (for any reason), the position will remain open in your Broker account. Alertsify will use commercially reasonable efforts to notify you (typically via in-app push notification and in-dashboard banner). Such notifications are informational only and do not constitute investment advice. The decision whether and when to close any orphaned position is yours alone. Auto-Execution does not include automated liquidation of orphaned positions. (See Terms of Service Section 9.1.)
6.7Concentration and over-exposure risk
Following multiple Lead Traders concurrently can result in concentrated exposure, conflicting positions, position sizes larger than your account can sustain, or correlated drawdowns. You are responsible for understanding the combined risk profile of all enabled Lead Traders and configuring your overall risk parameters accordingly.
6.8Fee, commission, and slippage drag
Auto-Execution may generate frequent trading. Each trade may incur Broker commissions, per-contract fees, exchange fees, and slippage. Some Lead Traders charge separate monthly subscription fees set by them (typical range $20–$200+/month, set by the trader, not by Alertsify). These costs reduce your net returns, may exceed any gains you achieve, and are independent of Alertsify's platform fees.
6.9Account-level and regulatory risk
Auto-Execution may cause your account to violate pattern day trader rules, exceed margin requirements, trigger Broker-level restrictions, or otherwise generate regulatory or Broker-imposed consequences in your account. You are responsible for ensuring your Broker account remains in compliance with all applicable rules at all times.
7.Your Responsibilities
You are solely responsible for:
- (a) Reviewing each Lead Trader's broker-verified historical track record before enabling Auto-Execution for them and from time to time thereafter;
- (b) Configuring position sizing and any available risk controls in proportion to your account size, risk tolerance, and trading objectives;
- (c) Maintaining sufficient buying power, margin, and account-level compliance with pattern day trader rules and other regulatory requirements at your Broker;
- (d) Independently monitoring your Broker account at all times through your Broker's own tools and interfaces, regardless of what the Alertsify platform displays;
- (e) Promptly closing or managing orphaned positions, positions that exceed your intended size, or any position you no longer wish to hold;
- (f) Pausing or disabling Auto-Execution if you become unavailable or unable to monitor your account, if you experience a change in financial circumstances, or for any other reason;
- (g) Understanding and accepting all fees, including Alertsify subscription fees, the PRO Founders Setup Fee where applicable, Lead Trader subscription fees, and Broker commissions, per-contract fees, and other transaction costs;
- (h) Recognizing and acknowledging all charges from Alertsify, its payment processor (including Whop), Lead Trader subscriptions, and your Broker on your billing and account statements;
- (i) Your own tax reporting (trades occur in your Broker account and appear on your Broker's 1099, not on any Alertsify-issued tax form).
8.No Refunds for Auto-Execution Outcomes
Alertsify Fees — including the Lite monthly subscription, the PRO Founders monthly subscription, and the one-time PRO Founders Setup Fee — are final and non-refundable, regardless of:
- trading losses, losing streaks, or unprofitable Auto-Execution outcomes;
- a Lead Trader's underperformance, change of strategy, departure from the platform, or change of subscription pricing;
- software bugs, technical issues, outages, latency, or execution failures;
- differences between your fills and the Lead Trader's fills;
- orphaned positions or failure of automated close orders to execute;
- your decision to disable, pause, or cancel Auto-Execution;
- cancellation of your Alertsify subscription;
- termination of your account by Alertsify for any reason.
See the No Refund Policy and Terms of Service Sections 8, 9, 14, and 22 for complete details.
9.Acknowledgment
By enabling Auto-Execution, you acknowledge and represent that:
- (a) You have read and understood this Authorization in its entirety;
- (b) You have read and understood the Alertsify Terms of Service, No Refund Policy, Privacy Policy, and EULA;
- (c) You are not relying on Alertsify, any Lead Trader, or any communication from the platform as investment advice, a recommendation, or a suitability determination for you;
- (d) You are using Auto-Execution as a self-directed software tool at your own risk and are solely responsible for all trading decisions and outcomes in your account;
- (e) You can afford to lose the funds you have committed to Auto-Execution and you are not risking funds you cannot afford to lose;
- (f) You can disable, pause, or override Auto-Execution at any time, and you understand the steps to do so.
10.Modification, Suspension, and Termination
Alertsify may update this Authorization from time to time consistent with Section 25 of the Terms of Service. Continued use of Auto-Execution after any update constitutes acceptance of the updated Authorization. Alertsify may modify, suspend, or terminate Auto-Execution availability or your access to it at any time, in its sole discretion, consistent with Section 22 of the Terms of Service, including for community misconduct, persistent disruption, or any other reason. Termination of Auto-Execution access does not entitle you to any refund.
11.Governing Law, Arbitration, and Class Action Waiver
This Authorization is governed by the laws of the State of Florida and is subject to the dispute resolution, binding individual arbitration, and class action waiver provisions set forth in Section 21 of the Alertsify Terms of Service, which are incorporated by reference into this Authorization as if fully set forth herein.
12.Contact
For questions about this Authorization, contact Alertsify LLC at support@alertsify.com.
By enabling Auto-Execution for any Lead Trader, you acknowledge that you have read this Authorization, understand it, and agree to be bound by its terms and conditions, including the risk disclosures in Section 6 and the no-refund provisions in Section 8.