Terms & Conditions

1. Nature of Service

These Terms are entered into with [RAZÓN SOCIAL — e.g. Mirrora S.L.], [NIF/CIF —], registered at [DOMICILIO SOCIAL —], Spain ("Mirrora", "we").

Mirrora is a technology platform that facilitates the transmission of portfolio composition signals from registered analysts to investors. Mirrora is not a broker, investment adviser, fund manager, or custodian, holds no discretionary authority over any account, and never takes custody of client funds.

Orders are transmitted to your Interactive Brokers account only after you expressly approve each individual rebalance proposal. Mirrora never initiates trades autonomously and does not provide personalised investment advice.

2. Analyst Signal Providers

Analysts registered on Mirrora are independent signal providers who share portfolio compositions. They are not regulated investment advisers unless explicitly stated in their profile. Past portfolio compositions are not indicative of future results. All investment decisions are made by the investor at their own discretion.

3. Investor Responsibility

Investors are solely responsible for the investment decisions made in their own brokerage accounts. By subscribing to an analyst portfolio, you acknowledge that you understand the risks involved and that replicating any portfolio does not guarantee profitable outcomes. You should consult a qualified financial adviser before making investment decisions.

4. Interactive Brokers Integration

Mirrora integrates with Interactive Brokers (IBKR) to transmit trade signals. Your IBKR account credentials are never shared with Mirrora. You remain in full control of your account and may revoke API access at any time. Mirrora is not affiliated with Interactive Brokers Group.

5. Fees

Mirrora charges no platform fee on executed trades. Analysts set their own monthly and/or AUM-based fees, which are disclosed to investors before subscription. Fee payments are processed via Stripe.

The service is supplied as a digital service that begins immediately upon subscription. By subscribing, you expressly request that the service begin during the 14-day withdrawal period and acknowledge that you thereby lose your right of withdrawal under Directive 2011/83/EU once the service has been fully performed. Monthly fees are non-refundable once a subscription period has commenced.

6. Account Termination

Mirrora reserves the right to suspend or terminate accounts that violate these terms, engage in fraudulent activity, or provide materially false information. Upon termination, access to the platform is revoked immediately. Any open positions in your brokerage account remain yours and are unaffected.

7. Limitation of Liability

To the maximum extent permitted by law, Mirrora shall not be liable for any investment losses, missed signals, technical failures, or consequential damages arising from use of the platform. The platform is provided as-is without warranties of any kind.

8. Changes to Terms

Mirrora may update these terms at any time. Continued use of the platform after notice of changes constitutes acceptance of the updated terms. Material changes will be notified by email.

9. Governing Law & Complaints

These Terms are governed by the laws of Spain. Any dispute shall be subject to the courts of [PROVINCIA/CIUDAD —], without prejudice to any mandatory consumer-protection rights that grant you recourse before the courts of your place of residence. Complaints may be sent to legal@mirroratrade.com.