Terms & Conditions

Spera is operated by Spero Spera Private Limited, a company incorporated under the Companies Act, 2013, with CIN U62011TZ2026PTC039778 and registered office at 39, Marimuthu Street, Ammapettai Salem, Salem, Salem – 636003, Tamil Nadu, India (referred to as “Spera”, “we”, “us” or “our”).

By accessing https://www.spera.bot, creating an account, joining an early-access programme, or using any Spera product or service (collectively, the “Services”), you agree to these Terms. If you use the Services for an organisation, you confirm that you are authorised to bind that organisation. If you do not agree, do not use the Services.

You must be legally capable of entering into a binding contract and must comply with the laws applicable to you. You are responsible for providing accurate information, safeguarding your credentials and API keys, and all activity under your account. Tell us promptly at ceo@spera.bot if you suspect unauthorised access.

You may not share an account in a way that defeats plan limits or security controls, or use the Services from a jurisdiction where doing so is prohibited.

Spera provides software tools for designing, testing, simulating, monitoring and, where available, automating user-defined trading strategies. Features may include AI-assisted authoring, backtesting, paper trading, exchange connectivity and live execution.

Pre-release, beta and early-access features may be incomplete, change without notice, contain errors, or be withdrawn. You should not rely on them for critical activity or commit funds you cannot afford to lose.

Spera is a technology platform. Unless we expressly state otherwise for a particular service, we are not acting as your broker, exchange, investment adviser, portfolio manager, fiduciary or custodian. Information, AI output, examples, templates, analytics, backtests and simulations made available through the Services are provided for tooling and informational purposes and are not investment, financial, legal or tax advice.

Trading digital assets and other financial instruments involves substantial risk, including the possible loss of all capital. Past performance and backtest or simulated results do not guarantee future results. Models can be wrong; market data can be delayed or incomplete; slippage, liquidity, fees and live fills can differ materially from a simulation; and automation, exchanges, networks and third-party APIs can fail.

You alone decide whether to create, test, enable, modify or stop a strategy and whether to place any order. You are responsible for reviewing every strategy, setting suitable risk controls, monitoring live activity and obtaining independent professional advice where appropriate.

Some features depend on exchanges, market-data providers, AI providers or other third parties. Their own terms, fees, limits and privacy practices apply. You authorise Spera to send instructions to a connected service only as necessary to provide the features you enable.

You remain responsible for your third-party accounts, permissions, balances, orders, taxes and compliance obligations. We do not control and are not responsible for a third party’s availability, acts, omissions, insolvency, security incident, data accuracy or execution quality.

You must not use the Services to:

• violate any law, market rule, sanction, court order or third-party right;
• manipulate markets, engage in fraud, or facilitate unlawful financial activity;
• probe, disrupt or bypass security, access controls, usage limits or rate limits;
• introduce malicious code or interfere with other users or the Services;
• reverse engineer or copy the Services except where applicable law permits it; or
• use automated access other than through interfaces and limits we provide.

We may investigate suspected misuse and suspend or restrict access where reasonably necessary to protect users, third parties or the Services, or to comply with law.

You retain ownership of strategy logic, prompts, configuration, data and other material you submit to the Services (“User Content”). You grant us a limited, non-exclusive licence to host, process, transmit and display User Content only as needed to operate, secure, support and maintain the Services and meet our legal obligations.

You confirm that you have the rights and permissions needed for your User Content and connected data. You are responsible for validating AI-generated or suggested content before applying or executing it.

The Services, including our software, interface, documentation, branding and underlying technology, are owned by us or our licensors and are protected by applicable law. These Terms give you a limited, revocable, non-exclusive, non-transferable right to use the Services for their intended purpose; they do not transfer ownership to you.

Our Privacy & Cookies notice explains how we handle personal data. You are responsible for choosing appropriate permissions for connected accounts and keeping backup copies of information you need. No internet service is completely secure, and we cannot guarantee that unauthorised third parties will never defeat security measures.

If a Service is offered for a fee, the price, billing period and applicable limits will be shown before purchase or agreed in an order form. You authorise the stated charges and are responsible for applicable taxes, except taxes on our income. A recurring subscription renews and charges the payment method on file at the start of each billing period until you cancel it.

You may cancel a paid subscription at any time. Cancellation takes effect at the end of the current paid billing period, and you keep access to the plan until then. Except for the Plus-to-Premium upgrade credit described below or a refund required by applicable law, fees already paid are non-refundable. If you believe you were charged in error, contact us so we can investigate.

If you upgrade a paid Plus subscription to Premium while time remains in its current billing period, we automatically credit the unused value of Plus. You do not need to submit a separate refund request. Premium access begins when the upgrade is confirmed by the payment provider.

The credit is calculated as the amount paid for the current Plus billing period multiplied by the unused proportion of that period at the time of upgrade. We calculate the unused proportion from the remaining time in the billing period, round to the smallest unit of the applicable currency, and cap the credit at the amount actually charged for the Premium upgrade.

Depending on the payment provider and payment method, the credit may appear as a reduced upgrade charge or as a partial refund. A partial refund is sent to the original payment method and may appear separately from the Premium charge. For an upgrade that changes payment providers or currencies, we refund the unused Plus value through the original provider in the currency in which you paid for Plus; we do not convert the credit between currencies.

This upgrade credit applies only when moving from Plus to Premium. It does not apply to a Free-to-paid purchase, a renewal, a same-plan purchase, cancellation, expiry, or a move to a lower-priced plan. We do not support an immediate Premium-to-Plus downgrade: cancel Premium, retain access until the paid period ends, and subscribe to Plus afterwards.

We initiate any refund promptly after the upgrade charge is confirmed. Your bank or payment provider controls when the credit appears and may take several business days. If the credit has not appeared within 10 business days, contact us at support@spera.bot with the account email and payment reference. Nothing in this policy limits any refund, cancellation or other consumer right that cannot lawfully be excluded.

We may maintain, update, add, limit or discontinue features. We aim to operate the Services reliably but do not guarantee uninterrupted, error-free or permanent access, or that any output will be accurate or suitable for a particular purpose. We may impose reasonable limits to protect performance, security and fair use.

You may stop using the Services at any time. We may suspend or terminate access if you materially breach these Terms, create risk or legal exposure, fail to pay amounts due, or if required by law. Where practicable, we will give notice and an opportunity to cure. Provisions that by their nature should survive termination—including ownership, disclaimers, liability and governing law—will survive.

To the maximum extent permitted by law, the Services are provided “as is” and “as available”. We disclaim implied warranties of merchantability, fitness for a particular purpose, non-infringement and any warranty arising from course of dealing or usage. We do not warrant profits, returns, strategy performance, uninterrupted operation or the accuracy of third-party data. Nothing in these Terms excludes a warranty or right that cannot lawfully be excluded.

To the maximum extent permitted by law, Spera and its directors, employees and agents will not be liable for indirect, incidental, special, consequential, exemplary or punitive loss, or for loss of profits, revenue, data, goodwill, opportunity or trading capital, arising from or related to the Services, even if advised that such loss was possible.

Our aggregate liability arising from or related to the Services will not exceed the greater of the fees you paid us for the affected Service during the three months before the event giving rise to the claim or INR 1,000. These limits do not apply where liability cannot lawfully be limited, including for fraud or wilful misconduct.

To the extent permitted by law, you will indemnify and hold harmless Spera and its directors, employees and agents from third-party claims, losses and reasonable costs arising from your unlawful use of the Services, your User Content, your breach of these Terms, or your infringement of another person’s rights.

These Terms are governed by the laws of India. Subject to applicable law, the courts at Salem, Tamil Nadu will have exclusive jurisdiction over disputes arising from or related to these Terms or the Services. Before filing a claim, each party will make a reasonable effort to resolve the matter by written notice and good-faith discussion.

We may update these Terms to reflect changes to the Services, law or risk. We will post the revised Terms and update the effective date. If a change materially affects your rights, we will provide reasonable additional notice where practicable. Continued use after the revised Terms take effect means you accept them.

If a provision is unenforceable, it will be limited to the minimum extent necessary and the remaining provisions will continue. Our failure to enforce a provision is not a waiver. You may not assign these Terms without our written consent; we may assign them as part of a reorganisation, financing, merger, acquisition or transfer of the Services. These Terms, our Privacy notice and any applicable order form are the entire agreement about the Services and replace prior discussions on that subject.