Terms of Service

Effective as of 03/20/2023

While this may be very tempting to skip, these terms are important for outlining what you can expect from us, the makers of Orbit, as well as what we expect from you, the faithful user. We understand that these documents are usually boring and impossible to translate from the archaic Legalese the lawyers invented to punish humanity, so we’ve tried to make ours as readable as possible.

We do reserve the right to amend or modify these terms at any point while our service is active, though we will do our best to notify our existing users of substantial changes.

Who can use Orbit?

Orbit is a service designed to connect retail investors. Not only would users outside of this group likely not get much enjoyment from the app, but more importantly, it would be much more challenging for us to verify their identity.

For this reason, we require that in order to use our service, you must be at least 13 years of age. If you register for our service, and accept these terms by extension, you declare to us that you fall within this demographic and have the legal authority to accept these terms. If you are under the age of 18, you are also affirming that you have had a legal guardian read and agree to these terms.

What rules do I have to follow?

Our community guidelines are outlined here and detail the types of content that we deem inappropriate for our service. Make sure you’re compliant with those guidelines and you’ll be fine.

Note: We do not assume liability for any content posted on our platform- content is uploaded on our users’ individual accord and we will work diligently to address all reports of inappropriate public content.

What data do you collect about me?

We at Orbit believe that your privacy is a right, not just a privilege. In the spirit of this, we do our very best to collect as little data as necessary to power our service effectively, and to be as transparent as possible about our data collection practices.

When using our service on your phone, you will be prompted when our app requests a device permission (i.e. your calendar, camera roll, location services, etc). Aside from your geolocation (if permitted by you), no other data about you is sent to or stored by us during app usage, aside from what you directly give us.

Orbit integrates certain third-party services that occasionally collect data in the background. The following services are among these:

  • Google Analytics: This service collects metadata (not able to be associated with any individual user) to help us analyze how people are using our service as a whole.
  • Sentry: This service only collects information about your device upon encountering a bug in our app, which is used by us to more quickly resolve the issue.

You can read more about this in our Privacy Policy.

Disclaimers & Limitations of Liability

The Services are Available “AS-IS”

Your access to and use of the Services or any Content are at your own risk. You understand and agree that the Services are provided to you on an “AS IS” and “AS AVAILABLE” basis. The “Orbit Entities” refers to Orbit, its parents, affiliates, related companies, officers, directors, employees, agents, representatives, partners, and licensors. Without limiting the foregoing, to the maximum extent permitted under applicable law, THE ORBIT ENTITIES DISCLAIM ALL WARRANTIES AND CONDITIONS, WHETHER EXPRESS OR IMPLIED, OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. The Orbit Entities make no warranty or representation and disclaim all responsibility and liability for: (i) the completeness, accuracy, availability, timeliness, security or reliability of the Services or any Content; (ii) any harm to your computer system, loss of data, or other harm that results from your access to or use of the Services or any Content; (iii) the deletion of, or the failure to store or to transmit, any Content and other communications maintained by the Services; and (iv) whether the Services will meet your requirements or be available on an uninterrupted, secure, or error-free basis. No advice or information, whether oral or written, obtained from the Orbit Entities or through the Services, will create any warranty or representation not expressly made herein.

No information or posts on Orbit should be considered investment advice.

We do not make recommendations or offer investment, tax or legal advice.You alone are responsible for evaluating the merits and risks associated with the use of our systems, services and securities products. Please review carefully the following disclosures before making any investment decisions. We are not responsible for the strategies, actions or inactions taken with respect to your Brokerage Account. We are not responsible for the gains or losses you incur.

Content & Data

All financial information displayed on Orbit, including market data and quotes, is provided by third parties that are not affiliated with us. We are not involved in the preparation, adoption, or editing of this information. The information is for informational and illustrative purposes only, and may not always reflect the exact price you will see when executing a trade. We do not make any representations, warranties or other guarantees as to the accuracy or timeliness of any price quotes, and this information should not be considered a recommendation or solicitation to buy or sell any security or engage in an investment strategy.

We are not responsible for any representations made on or about our platform by non-employees or third parties, unless they are expressly authorized, in writing, to speak on its behalf. We do not endorse, authorize or stand behind any representations made by users of our service.

Content on Orbit may contain links to third-party websites or services that we do not own or control. We have no control over, and assume no responsibility for, content, privacy policies, or practices of any third party website or services, and are not responsible or liable for any damage or loss caused in connection with these websites or services. We strongly advise you to read the terms and conditions and privacy policies of any third-party websites or services that you visit.

Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE ORBIT ENTITIES SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS OR REVENUES, WHETHER INCURRED DIRECTLY OR INDIRECTLY, OR ANY LOSS OF DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, RESULTING FROM (i) YOUR ACCESS TO OR USE OF OR INABILITY TO ACCESS OR USE THE SERVICES; (ii) ANY CONDUCT OR CONTENT OF ANY THIRD PARTY ON THE SERVICES, INCLUDING WITHOUT LIMITATION, ANY DEFAMATORY, OFFENSIVE OR ILLEGAL CONDUCT OF OTHER USERS OR THIRD PARTIES; (iii) ANY CONTENT OBTAINED FROM THE SERVICES; OR (iv) UNAUTHORIZED ACCESS, USE OR ALTERATION OF YOUR TRANSMISSIONS OR CONTENT. IN NO EVENT SHALL THE AGGREGATE LIABILITY OF THE Orbit ENTITIES EXCEED THE GREATER OF ONE HUNDRED U.S. DOLLARS (U.S. $100.00) OR THE AMOUNT YOU PAID Orbit, IF ANY, IN THE PAST SIX MONTHS FOR THE SERVICES GIVING RISE TO THE CLAIM. THE LIMITATIONS OF THIS SUBSECTION SHALL APPLY TO ANY THEORY OF LIABILITY, WHETHER BASED ON WARRANTY, CONTRACT, STATUTE, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, AND WHETHER OR NOT THE ORBIT ENTITIES HAVE BEEN INFORMED OF THE POSSIBILITY OF ANY SUCH DAMAGE, AND EVEN IF A REMEDY SET FORTH HEREIN IS FOUND TO HAVE FAILED OF ITS ESSENTIAL PURPOSE.