1. Identity and Scope
1.1. InsiderClue (“InsiderClue”) operates the website insiderclue.com (the “Website”). InsiderClue is based in the Netherlands.
1.2. The Website is currently operated on an informal basis and not yet through an incorporated legal entity. By accessing or using the Website, you (“User” or “you”) agree to be bound by these Terms of Use & Disclaimer (the “Terms”).
1.3. The Website is accessible worldwide. Users from any jurisdiction are responsible for ensuring that their use of the Website complies with applicable local laws.
2. Applicability of these Terms
2.1. These Terms govern any use of the Website and all content, data and functionalities provided on or through the Website.
2.2. By visiting or using the Website, you confirm that you have read, understood and agree to be bound by these Terms. If you do not agree, you must refrain from using the Website.
3. Nature of the Service: No Investment Advice
3.1. InsiderClue provides access to data from a small number of sources. Filings, insider transactions and company financials come from the U.S. Securities and Exchange Commission (SEC), through its EDGAR system and API, and are public. Currency exchange rates come from the European Central Bank and the U.S. Federal Reserve. The Website shows no share prices. The Website presents this data in processed or aggregated form for informational purposes only.
3.2. Nothing on the Website constitutes or should be construed as:
- personal investment advice or a recommendation to buy, hold or sell any security or financial instrument;
- an offer, invitation or solicitation to engage in any transaction;
- a guarantee of any financial outcome or performance.
3.3. Users must conduct their own research and obtain independent professional advice before making any investment decisions. Past data, patterns or performance do not constitute a reliable indicator of future results.
3.4. Some figures on the Website are InsiderClue’s own calculations rather than data reported by a company or an insider: among them scores such as the Clue Score, rankings, ratios, returns measured after a transaction, sector classifications and amounts converted into U.S. dollars. They follow a fixed, documented method, are produced automatically and are not a rating, a price target or a recommendation. Section 3.2 applies to them in full.
4. Free Service: No Fees
4.1. The use of the Website and the information currently made available by InsiderClue is free of charge. No subscription fees, recurring billing or paid options are offered at this time.
4.2. InsiderClue reserves the right to introduce paid features or services in the future. Any such changes will be subject to additional or amended terms and will not retroactively affect your use of the Website prior to such changes.
5. Data Sources, Accuracy and “As Is” Disclaimer
5.1. InsiderClue relies on external data sources: the SEC for filings and financials, the European Central Bank and the U.S. Federal Reserve for exchange rates, and other publicly accessible sources such as published index membership lists. While InsiderClue takes reasonable care in processing and displaying this data, it does not guarantee that the information available on the Website is complete, accurate, up to date or free from errors.
5.2. ALL INFORMATION AND MATERIALS PROVIDED ON OR THROUGH THE WEBSITE ARE MADE AVAILABLE “AS IS” AND “AS AVAILABLE”, WITHOUT ANY EXPRESS OR IMPLIED WARRANTIES OR REPRESENTATIONS, INCLUDING BUT NOT LIMITED TO WARRANTIES OF ACCURACY, COMPLETENESS, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE OR NON‑INFRINGEMENT.
5.3. Amounts a company reports in another currency are converted at an end‑of‑day exchange rate and are indicative only.
5.4. InsiderClue does not warrant that:
- the Website will be continuously available or free of interruptions or defects;
- any errors or inaccuracies will be corrected promptly;
- the Website or its underlying infrastructure will be free from malware or other harmful components.
6. Limitation and Exclusion of Liability
6.1. To the maximum extent permitted by applicable law, InsiderClue excludes any and all liability for direct, indirect, incidental, consequential, punitive or special damages of any kind, including but not limited to:
- loss of profits;
- loss of data;
- loss of business opportunities;
- reputational damage;
arising out of or in connection with your use of, or inability to use, the Website or any information obtained from it.
6.2. This exclusion of liability applies irrespective of the legal basis of the claim (contract, tort, statutory liability or otherwise), even if InsiderClue has been advised of the possibility of such damages.
6.3. Nothing in these Terms shall be interpreted as excluding or limiting any liability that cannot be excluded or limited under mandatory law, including but not limited to liability for intentional misconduct or gross negligence under relevant EU or national laws.
6.4. Because the Website is provided free of charge, you acknowledge and agree that it is reasonable for InsiderClue to limit and/or exclude its liability to the fullest extent permitted by law.
7. User Responsibilities
7.1. You remain solely responsible for:
- your own access to and use of the Website;
- any decisions you make based on the information provided on or through the Website;
- compliance with all applicable laws and regulations, including securities and financial market rules in your jurisdiction.
7.2. You must not use the Website in any manner that:
- violates applicable laws or regulations;
- infringes the rights of InsiderClue or any third party (including intellectual property rights, privacy rights or data protection laws);
- involves any attempt to interfere with the proper functioning or security of the Website.
8. Intellectual Property and Trademarks
8.1. The overall design, structure and arrangement of the Website, and all content created by or for InsiderClue (including texts, layout, visual elements, data processing logic and any proprietary tools) are protected by intellectual property rights and remain the exclusive property of InsiderClue or its licensors.
8.2. “InsiderClue”, any associated logos and branding, and any other marks used on the Website are trademarks and/or service marks of InsiderClue. All rights in these marks are reserved.
8.3. No part of the Website, including any content or trademarks, may be copied, reproduced, scraped, downloaded, stored, modified, adapted, distributed, publicly displayed, transmitted or otherwise used, in whole or in part, for any purpose without InsiderClue’s prior written permission, except to the extent:
- strictly necessary for viewing the Website in the normal course of use; or
- permitted under mandatory exceptions to intellectual property rights under applicable law.
8.4. The underlying SEC data, the exchange rates and yields published by the European Central Bank and the U.S. Federal Reserve, and any other external data remain subject to the rights and terms of the respective owners or providers. InsiderClue does not grant any rights to such external data beyond what is necessary for viewing it on the Website.
9. Links to Third‑Party Websites
9.1. The Website may contain links to third‑party websites or resources. These links are provided solely for convenience and do not constitute an endorsement, recommendation or approval of the content or services offered on such third‑party websites.
9.2. InsiderClue does not control and is not responsible for the availability, accuracy, legality, security or content of any third‑party websites or resources. Access to such websites is at your own risk.
9.3. Any use of third‑party websites is subject to the terms and privacy policies of those third parties, not InsiderClue.
10. Privacy and Data Protection
10.1. Use of the Website may involve the processing of personal data: technical data such as IP addresses and the pages requested, which reaching any website involves, and, if you create the optional account described in section 11, the name, email address and country you give for it.
10.2. A separate Privacy Policy applies to the processing of personal data by InsiderClue. That Privacy Policy is or will be made available on the Website and explains how and why personal data are collected, used and protected.
10.3. By using the Website, you acknowledge that you have read or will read the Privacy Policy and agree to the handling of your personal data as described therein, to the extent permitted by applicable data protection laws (including, where relevant, the EU General Data Protection Regulation).
11. Accounts
11.1. The Website offers an optional, free account. Everything published on the Website can be read without one. What an account holds is your own state: the stocks on your watchlist, the screens you save, your own assumptions for a fair value, and which of them you have asked to be emailed about.
11.2. An account is personal. When you create one you agree to give an email address you can actually receive mail at, to keep your password to yourself, and not to let somebody else use your account. If you believe somebody else has your password, change it, and turn on two‑factor authentication if you have not already.
11.3. You may close your account at any time from the account page. Closing it deletes your name, country, email address, password and any two‑factor secret and recovery codes, your watchlist, your saved screens and your fair value assumptions, immediately and without a copy kept for restoration. Nothing you have read on the Website is recorded against your account, so there is nothing else to delete.
11.4. We may suspend or close an account that is used to interfere with the Website or with other people, or in breach of section 7. Where it is reasonable to do so we will say why.
11.5. An administrator of the Website can open the Website signed in as an account, so that a problem somebody reports can be seen as they see it. That access can only look: it cannot change anything about the account, and it cannot read your password, which is stored in a form nobody can reverse. Every use of it is recorded. See the Privacy Policy.
11.6. An account can ask to be emailed when a new filing matches a screen you saved, when an insider of a stock on your watchlist files a trade, or when such a stock’s numbers change. That is a convenience and not a guarantee: filings reach us when the SEC publishes them and we fetch them, an alert goes out on the schedule the Website runs on, and mail can be delayed or refused by any server between us and you. Nothing in an alert is advice, and section 3 applies to it exactly as it applies to every other figure here. You can switch any alert off from your watchlist page at any time.
11.7. The Website is still free and carries no paid features. If that ever changes, nothing you have already created an account for becomes chargeable without your agreement.
12. Governing Law and Jurisdiction
12.1. These Terms, and any non‑contractual obligations arising out of or in connection with them, shall be governed by and construed in accordance with European Union law and, where applicable, the laws of the Netherlands.
12.2. Any disputes arising out of or in connection with these Terms, the Website or your use of the Website shall be submitted to the competent courts in the Netherlands, without prejudice to any mandatory rights you may have as a consumer under the laws of your country of residence within the European Economic Area.
13. Changes to the Website and Terms
13.1. InsiderClue may, at any time and in its sole discretion, modify, update, suspend or discontinue the Website or any part thereof, with or without notice.
13.2. InsiderClue may also amend or update these Terms at any time, with or without prior notice. The most current version of the Terms will be published on the Website.
13.3. Your continued use of the Website after any changes to the Terms will constitute your acceptance of the revised Terms. If you do not agree to the amended Terms, you must stop using the Website.