Terms of Service

Formion AI ("Formion", "we", "us") provides AI-assisted trading analytics, portfolio aggregation, automated strategy execution, and Telegram bot integration at formion.ai. These Terms govern your use of the website, dashboard, Trade Center, and the @formiontradingbot Telegram bot ("Services").

You must be at least 18 years old and legally allowed to use trading and crypto services in your jurisdiction. By creating an account you confirm that doing so does not violate any law applicable to you, your residence, or your tax residence.

You are responsible for keeping your credentials (password, exchange API keys, wallet private keys, Telegram session) safe. We store API keys and wallet private keys encrypted at rest with AES-256-GCM; the encryption key is held in our infrastructure. We cannot recover lost passwords without your verified email or your Telegram link.

Trading cryptocurrencies, equities, derivatives, and other financial instruments carries substantial risk and may result in total loss of your capital. Formion provides tools, signals, AI suggestions, and automated executors — none of these are financial advice. You alone are responsible for every order placed on or via Formion, whether you submitted it manually or whether an AI/strategy bot you configured submitted it on your behalf.

When you connect an exchange or wallet, you grant Formion permission to act on your behalf only within the scope of the API key permissions you supply. We strongly recommend read-only or trade-only keys with withdrawal disabled. We never request, store, or transmit your exchange password or 2FA seed. You can revoke our access at any time on the exchange side.

AI outputs are probabilistic forecasts derived from public market data and model heuristics. Past performance does not guarantee future results. You may enable automated execution of strategies; doing so authorizes the configured strategy bot to place real orders on your behalf, including stop-loss, take-profit, and re-entry orders, subject to the limits you set.

You may attach your own API keys (Anthropic, OpenAI, OpenRouter, Google) or connect your own ChatGPT subscription via OAuth from Profile → Connections. By connecting a ChatGPT account, you authorize Formion to use that account on your behalf for trading-assistant queries you initiate; your subscription remains yours, usage counts against your own provider quota, and you may disconnect at any time. We store API keys AES-256-GCM-encrypted at rest; OAuth credentials live in an isolated per-user sandbox we cannot read. We are not responsible for any third-party provider terms, throttling, or account actions taken by Anthropic, OpenAI, OpenRouter, or Google.

FOM is a utility token. You may reach a FORA Agent level (Holder, FORA Agent, Agent Pro, FORA AGI) by holding FOM in a self-custody wallet that you prove by signature, or, once the FOM Lock v3 contract is live, by locking FOM from your own wallet in that non-custodial smart contract. The level is set by the USD value of your FOM, measured with the lower of the 7-day and 30-day time-weighted average price of the official FOM pool. For holding, the lowest balance of the last 7 days counts and the thresholds are twice the lock thresholds; for locking, the value is fixed when the lock starts and multiplied by the weight of the chosen period. Using Formion Wallet as your verified wallet halves thresholds and FOM prices. Current thresholds, periods, benefits and the 7-day unbonding rule are published on formion.ai/fom and docs.formion.ai. Levels that include a licence require a lock of at least 90 days when they are reached by locking. One wallet or one lock backs one Formion account, through a wallet you prove by signature. A level reached by holding ends as soon as the held value falls below its threshold; if only the price falls, you are warned and have 48 hours to restore the value. A level reached by locking can be raised at any time and is lowered only at renewal. Benefits end when their condition is no longer met, or when the lock ends or is withdrawn. A licence included in a level is personal, non-transferable, has no cash value, follows the same daily limits as a paid licence and comes with a monthly AI allowance; usage above them is paid with agent credits. Included licences are offered within a monthly capacity, and new holds or locks may be placed on a waitlist. Some features, including autonomous trading at the FORA AGI level, are not available in all jurisdictions (including the EU/EEA, the United Kingdom and the United States).

Holding, locking or paying with FOM grants access to product features only. It is not an investment and does not represent equity, debt, a share of profits or any claim on Formion, and no return of any kind is promised. The price of FOM can fall to zero; smart-contract, network and wallet risks are yours. Formion cannot prevent the sale or transfer of FOM from a self-custody wallet. Dossier Autopilot is an optional, separate service that trades automatically from a separate auto-trade wallet that you fund; the key of that wallet is held by the Formion signer, and withdrawals are sent only to your verified wallet (Formion Wallet itself remains self-custody). Access to Dossier Autopilot is granted while you hold or lock the required FOM value, or for each 30-day period you pay in FOM; 50% of every such payment is burned and FOM payments are non-refundable. When the condition is no longer met, no new trades are opened and open positions are managed to the end by their plan. Automated trading can lose money, including the whole balance of the auto-trade wallet; Formion is not liable for trading outcomes or for the price of FOM, and takes no fee on your profit. Dossier Autopilot is not available in the United States, the United Kingdom, the EU/EEA or sanctioned countries. During its invite-only beta, Dossier Autopilot manages at most $1,000 per user and $10,000 in total across all users, and it trades only after you explicitly confirm seven risk statements (including that the product is experimental and that you understand the plan). Using more than one wallet or account to get around these rules leads to a permanent ban. Formion may change, suspend or discontinue any level, threshold, benefit, limit, fee or feature, at any time and for any reason, with or without prior notice. Material changes to paid terms are announced at least 14 days in advance on docs.formion.ai and formion.ai/fom; continued use after a change means acceptance. Benefits may be rolled out in phases. Nothing here is financial, legal or tax advice.

You may not (a) reverse-engineer or scrape the Services beyond reasonable rate-limits; (b) use the Services for market manipulation, wash trading, or any illegal activity; (c) circumvent any security or rate-limit measure; (d) submit fraudulent payment, sanctioned-jurisdiction connections, or stolen credentials.

Base usage is free. Premium tiers, paid AI strategies, copy-trading subscriptions, and FOM-token-gated features may incur fees disclosed at the point of purchase. On-chain transactions cannot be reversed by the network; refunds and disputes follow our Refund Policy at formion.ai/refunds.

You may delete your account at any time from Profile. We may suspend or terminate accounts that violate these Terms, abuse the platform, or pose a risk to other users.

The Services are provided "as is". To the maximum extent permitted by law, Formion disclaims all warranties, express or implied, and is not liable for any trading loss, lost profits, missed opportunities, exchange downtime, API failures, or third-party service outages.

Our aggregate liability for any claim arising out of or related to the Services shall not exceed the total fees you paid to Formion in the 12 months preceding the claim, or USD 100 if no fees were paid.

We may update these Terms; material changes will be announced in-app and via email at least 14 days before they take effect. Continued use after the effective date constitutes acceptance.

Questions: [email protected]