Terms of Use, Policies and Disclaimers

Your affirmative act of using our website located at panorama.laatus.com.br (and all associated sites linked to it) or services ("PANORAMA") signifies that you agree to the following terms and conditions of use ("Terms of Use"). If you do not agree, do not use PANORAMA. PANORAMA is the property of PANORAMA Inc. ("us", "we" or "our").

Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. The Website should not be relied upon as a substitute for extensive independent market research before making your actual trading decisions. Opinions, market data, recommendations or any other content is subject to change at any time without notice. PANORAMA, Inc. will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information. We do not recommend the use of technical analysis as a sole means of trading decisions. We do not recommend making hurried trading decisions. You should always understand that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

1. Changes to the terms of use

We may change these Terms of Use at any time. If you continue to use PANORAMA after we post changes to these Terms of Use, you are signifying your acceptance of the new terms. You will always have access to our Terms of Use and will be able to check it at any time. By reloading this page, you will have the most up-to-date version available to PANORAMA users.

2. Changes to PANORAMA

We may discontinue or change any service or feature on PANORAMA at any time without notice.

3. Ownership of information

Unless otherwise noted, all rights, titles, and interests in PANORAMA, and all information made available through PANORAMA or our services, in all languages, formats, and media throughout the world, including, but not limited to, all copyrights and trademarks therein, are the exclusive property of PANORAMA Inc., our affiliates or our Data Providers.

All rights, title and interest in and to any data or/and other information provided by LAATUS, and all such data/information made available by LAATUS through PANORAMA or our services, in all languages, formats and media throughout the world, including all copyrights and trademarks therein, are the property of LAATUS, our affiliates or our Data Providers (as applicable).

4. Third party sites and advertisers

PANORAMA may include links to third party websites. Some of these sites may contain materials that are objectionable, unlawful, or inaccurate. You agree that PANORAMA shall not be held liable for any trading activities or other activities that occur on any website you access through links on PANORAMA. We provide these links as a convenience, and do not endorse the content or services offered by these other sites. Any dealings that you have with advertisers found on PANORAMA are between you and the advertiser and you acknowledge and agree that we are not liable for any loss or claim you may have against an advertiser.

Unauthorized soliciting on PANORAMA is strictly prohibited and may result in penalties, including, but not limited to, temporary or permanent bans of the account found in violation, and any appropriate and available legal action for monetary and other damages.

5. Disclaimer regarding content

PANORAMA cannot and does not represent or guarantee that any of the information available through our services or on PANORAMA is accurate, reliable, current, complete or appropriate for your needs. Various information available through our services or on PANORAMA may be specially obtained by PANORAMA from professional businesses or organizations, such as exchanges, news providers, market data providers and other content providers (e.g. Cboe BZX and possibly other established financial exchanges such as the New York Stock Exchange, NASDAQ, New York Mercantile Exchange and Dow Jones), who are believed to be sources of reliable information (collectively, the "Data Providers"). Nevertheless, due to various factors — including the inherent possibility of human and mechanical error — the accuracy, completeness, timeliness, results obtained from use, and correct sequencing of information available through our services and website are not and cannot be guaranteed by PANORAMA. We make no warranty and assume no obligation or liability for scripts, indicators, ideas and other content of third parties. Your use of any third-party scripts, indicators, ideas and other content is at your sole risk.

6. Disclaimer regarding investment decisions and trading

Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through PAANORAMA or our services.

7. Disclaimer regarding hypothetical performance results

Hypothetical performance results have many inherent limitations, some of which are mentioned below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and actual results subsequently achieved by any particular trading program.

One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example the ability to withstand losses or to adhere to a particular trading program in spite of the trading losses are material points, which can also adversely affect trading results. There are numerous other factors related to the market in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.