Terms of Use

DuckWise · Effective 19 August 2026

These Terms of Use (the "Terms") govern your use of the DuckWise mobile application and related services (the "Service"), provided by INDARRA LIMITED, a company registered in Cyprus, Floor 2, 82 Akropoleos, Strovolos 2012, Nicosia ("we", "us", the "Company"). Our Privacy Policy forms part of these Terms.

By downloading, installing or using the Service you confirm that you have read and accept these Terms. If you do not accept them, do not use the Service.

1. Eligibility

You may use the Service only if you are of legal age to enter into a binding contract and to invest in your jurisdiction, and only where the Service is lawfully available. The Service is intended for adults.

2. The Service is research, not investment advice.

DuckWise provides investment research ideas produced by DuckWise Research, operated by INDARRA LIMITED, and presented as a model portfolio. The content is general and impersonal: it is made available to all subscribers on the same terms and is not addressed to, or tailored for, any particular person.

The Company is not a registered investment adviser, broker-dealer, or licensed financial institution, and does not claim any such status. Nothing in the Service constitutes personalised investment advice, a recommendation to any individual, a trading signal, an offer or solicitation to buy or sell any financial instrument, or an invitation to enter into any transaction. No advisory, fiduciary or agency relationship is created between you and the Company.

We do not execute orders, do not hold your money or securities, and have no access to your brokerage accounts. Every decision to buy, sell or hold is yours alone, and you are solely responsible for it. Consider taking advice from a licensed professional who knows your circumstances.

3. How research is presented

4. Subscriptions, trial and cancellation

5. Licence and permitted use

We grant you a personal, non-exclusive, non-transferable, revocable licence to use the Service for your own personal, non-commercial purposes, for as long as you comply with these Terms.

Research content is the core of a paid product. You may not:

6. Intellectual property

The Service and all content in it — including research ideas, text, methodology, track record data, design, graphics and software — belong to INDARRA LIMITED or its licensors and are protected by intellectual property law. These Terms grant you no ownership of anything.

7. Availability and changes

We may change, suspend or discontinue any part of the Service, and may require you to install updates. We aim to keep the Service available but do not guarantee uninterrupted operation.

8. Termination

You may stop using the Service at any time and cancel your subscription through the App Store. We may suspend or terminate your access if you materially breach these Terms, in particular by redistributing research content or sharing access. Sections 2, 3, 5, 6, 9, 10 and 12 survive termination.

9. Disclaimer of warranties

THE SERVICE AND ALL CONTENT ARE PROVIDED "AS IS" AND "AS AVAILABLE". TO THE FULLEST EXTENT PERMITTED BY LAW WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, AND UNINTERRUPTED OR ERROR-FREE OPERATION. WE DO NOT WARRANT THAT ANY IDEA, PROJECTION OR ANALYSIS WILL PROVE CORRECT OR PROFITABLE.

10. Limitation of liability

Investing involves substantial risk, including possible loss of principal. You may lose some or all of the money you invest.

TO THE FULLEST EXTENT PERMITTED BY LAW, THE COMPANY SHALL NOT BE LIABLE FOR ANY TRADING OR INVESTMENT LOSSES, LOST PROFITS, LOST OPPORTUNITY, OR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES ARISING OUT OF OR IN CONNECTION WITH THE SERVICE OR ANY DECISION YOU TAKE BASED ON IT. OUR TOTAL AGGREGATE LIABILITY IS LIMITED TO THE AMOUNT YOU PAID FOR THE SERVICE IN THE TWELVE MONTHS BEFORE THE EVENT GIVING RISE TO THE CLAIM.

Nothing in these Terms excludes liability that cannot lawfully be excluded, including liability for fraud, or rights you have as a consumer under mandatory law.

11. Changes to these Terms

We may update these Terms. The current version is always published at tradeasduck.com/terms/ and takes effect when published; the effective date appears at the top. If a change materially affects you, continuing to use the Service after publication means you accept it. Only the English version has legal effect; translations are provided for convenience.

12. Governing law

These Terms are governed by the laws of the Republic of Cyprus, and the courts of Cyprus have jurisdiction. If you use the Service as a consumer in the European Union, you keep the protection of the mandatory rules of the country where you live.

13. Contact

INDARRA LIMITED, Floor 2, 82 Akropoleos, Strovolos 2012, Nicosia, Cyprus — developer@tradeasduck.com