Terms & Conditions

Terms and conditions for our educational platform. Educational content only, not investment advice.

Last updated: January 20, 2025

Important Legal Notice

Your First Short provides educational content only. We are NOT a financial advisor, investment advisor, broker-dealer, or registered investment advisor. We do NOT provide investment advice, recommendations, or personalized financial guidance.

About Our Service

Your First Short ("we", "our", "us") is an independent educational platform focused exclusively on teaching the mechanics, risks, and concepts related to short selling. We are NOT affiliated with, endorsed by, sponsored by, or connected to any broker, exchange, financial institution, or third party unless explicitly stated. Our platform is designed for educational purposes only and does not constitute financial advice.

We explicitly do NOT provide:

  • Investment advice or recommendations
  • Personalized financial guidance
  • Portfolio management services
  • Trading signals or directives

Educational Purpose Only

Critical Notice

ALL CONTENT IS FOR EDUCATIONAL PURPOSES ONLY. Any references to trades, strategies, instruments, or market analysis are illustrative examples for educational purposes and are NOT recommendations to buy, sell, or hold any security or financial instrument.

You acknowledge that:

  • All information is general in nature and not tailored to your specific situation
  • Past performance examples are not indicative of future results
  • Trading and short selling involve substantial risk of loss
  • You should consult qualified professionals for personalized advice

Risk Warnings

Critical Risk Disclosure

SHORT SELLING INVOLVES SUBSTANTIAL RISK INCLUDING THE RISK OF UNLIMITED LOSS.Unlike traditional investing, short selling can result in losses that exceed your initial investment. You could lose more money than you invest.

Additional Risks Include:

  • Margin requirements and margin calls
  • Stock borrow availability and costs
  • Forced buy-ins and short squeezes
  • Market volatility and timing risk

Eligibility and Account Requirements

To use our service, you must:

  • Be at least 18 years old (or the age of majority in your jurisdiction)
  • Be legally capable of entering into binding agreements
  • Not be prohibited from using our services under applicable law
  • Provide accurate and complete registration information

You are solely responsible for:

  • Maintaining the security of your account credentials
  • All activities that occur under your account
  • Complying with all applicable laws and regulations
  • Any trading decisions you make based on our educational content

5. Subscriptions, Billing, and Refunds

  • Automatic Renewal: Paid subscriptions automatically renew unless canceled before the next billing cycle
  • Price Changes: We may change subscription prices with 30 days’ advance notice
  • Cancellation: You may cancel your subscription at any time through your account dashboard
  • Refunds: Unless required by applicable law, subscription fees are non-refundable. Free trial cancellations within the trial period will not be charged
  • Payment Processing: All payments are processed by third-party payment processors subject to their terms

6. Intellectual Property and Content

All educational materials, courses, videos, text, graphics, and other content are protected by copyright and other intellectual property laws. You may:

  • Access and view content for your personal educational use
  • Download materials for offline study (where explicitly permitted)

You may NOT:

  • Reproduce, distribute, or share our content without written permission
  • Use our content for commercial purposes
  • Remove copyright notices or proprietary markings
  • Create derivative works based on our content

7. User-Generated Content

When you submit content (comments, questions, etc.), you retain ownership but grant us a non-exclusive, worldwide, royalty-free license to use, display, and distribute your content as necessary to operate our service.

8. Prohibited Uses

You agree NOT to:

  • Use our service for any illegal or unauthorized purpose
  • Violate any applicable laws or regulations
  • Transmit harmful, offensive, or inappropriate content
  • Attempt to gain unauthorized access to our systems
  • Interfere with or disrupt our service
  • Impersonate others or provide false information
  • Share your account credentials with others
  • Use automated systems to access our content

9. Third-Party Services and Links

Our platform may contain links to third-party websites, services, or resources. We are not responsible for and do not endorse the content, privacy policies, or practices of any third-party services. Your interactions with third parties are solely between you and the third party.

10. Privacy and Data Protection

Your privacy is important to us. Please review our Privacy Policy to understand how we collect, use, and protect your personal information.

11. Disclaimers and Limitation of Liability

Legal Disclaimers

TO THE MAXIMUM EXTENT PERMITTED BY LAW, OUR SERVICE IS PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.

Limitation of Liability: In no event shall we be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to trading losses, lost profits, or business interruption, regardless of the theory of liability, even if we have been advised of the possibility of such damages.

Our total aggregate liability for any claims arising from or relating to our service shall not exceed the amount you paid us in the 12 months preceding the claim.

12. Indemnification

You agree to indemnify, defend, and hold harmless Your First Short and its officers, directors, employees, and agents from any claims, damages, losses, or expenses arising from your use of our service, your trading activities, or your violation of these terms.

13. Termination

We may suspend or terminate your access to our service at any time, with or without cause or notice, including for violation of these terms. Upon termination, your right to use our service ceases immediately, but these terms shall survive termination to the extent necessary.

14. Changes to Terms

We may modify these terms at any time by posting the revised terms on our website. Your continued use of our service after changes constitutes acceptance of the new terms. Material changes will be communicated via email or prominent notice on our platform.

15. Governing Law and Jurisdiction

These terms are governed by and construed in accordance with the laws of Romania, without regard to conflict of law principles. Any disputes arising from or relating to these terms or our service shall be subject to the exclusive jurisdiction of the courts of Romania.

If you are a consumer resident in the European Union, you may also have rights under your local consumer protection laws.

16. Severability

If any provision of these terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect. The invalid provision shall be replaced with a valid provision that most closely achieves the original intent.

17. Contact Information

For questions about these Terms & Conditions, please contact us through our contact form.

Summary

By using Your First Short, you acknowledge that you understand this is an educational platform only, that short selling involves substantial risk including unlimited loss potential, and that you are solely responsible for your trading decisions. We do not provide investment advice or recommendations.