Effective date: September 21, 2026 Last updated: September 21, 2026 Product: BAI Desk (the "Software") Publisher: Doyel Labs LLC, a Wyoming limited liability company ("Doyel Labs," "we," "us," "our") Contact: [email protected] Website: https://doyel-labs.com
These Terms of Use ("Terms") are a legally binding agreement between you and Doyel Labs LLC governing your access to and use of BAI Desk. By downloading, installing, or using the Software, you accept these Terms. If you do not accept them, do not download or use the Software.
1. What BAI Desk is — and what it is not
BAI Desk is software you run on your own computer that connects to your own brokerage account at a supported third-party broker (currently Alpaca Securities LLC and, in future versions, other brokers we integrate with). Once you authorize BAI to connect to your brokerage account and you set a monthly budget, the Software places orders in that account on your behalf, inside limits you have configured.
BAI Desk is not:
A broker-dealer. Doyel Labs LLC is not registered as a broker-dealer and does not custody your money, hold your securities, or execute trades on any exchange. Your broker (Alpaca or another) is the entity that holds your account, holds your money, and executes trades. Your relationship with that broker is governed by the broker's own agreement with you, not by these Terms.
An investment adviser. Doyel Labs LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission or with any state securities regulator, and does not provide personalized investment advice. BAI Desk executes a mechanical, generic strategy that is the same for every user; it does not analyze your personal financial situation, tax situation, goals, or risk tolerance beyond the parameters you type into the Software.
A fiduciary. Doyel Labs LLC owes you no fiduciary duty. We do not act in your best interest in the legal sense of that term. We sell software; you make investment decisions.
A guarantee of any outcome. The Software cannot guarantee any return, profit, or protection from loss. Past performance is not indicative of future results. You can lose the money you commit to the Software's monthly plan.
2. Eligibility
To use BAI Desk you must:
- Be at least 18 years old (or the age of majority in your jurisdiction, if higher).
- Have the legal capacity to enter into a binding contract.
- Have a valid brokerage account with a broker we support (currently Alpaca Securities LLC), and comply with that broker's own terms and eligibility rules.
- Reside in a jurisdiction where BAI Desk is offered. As of the Effective Date, BAI Desk is offered to residents of the United States only.
- Not be a person barred from receiving software or services under U.S. export-control or sanctions laws.
3. Your account with us; your account with the broker
If we provide account or subscription services in the future, you agree to provide accurate information and keep it up to date. You are responsible for maintaining the confidentiality of any credentials we issue you.
Your brokerage account is separate. BAI Desk connects to that account through APIs the broker exposes (currently Alpaca's OAuth Connect flow or Alpaca API keys you paste into the Software). Your relationship with the broker — including account approval, funding, tax reporting, dispute resolution, and access — is governed by the broker's own terms. We are not responsible for the broker's decisions or actions.
4. Subscription and fees
Some features of BAI Desk may be free while others require an active subscription with Doyel Labs LLC. Where a subscription fee applies, the current price will be shown to you before you subscribe. Fees are billed in advance for the period you select and are non-refundable except where required by law or expressly stated by us in writing.
We may change subscription prices with reasonable prior notice. If we do, you may cancel your subscription before the new price takes effect.
5. Software license
Subject to your compliance with these Terms, Doyel Labs LLC grants you a personal, non-exclusive, non-transferable, revocable, limited license to download, install, and use BAI Desk on devices you own or control, solely for your personal, non-commercial use.
You may not:
- Copy, distribute, sublicense, or make BAI Desk publicly available.
- Modify, decompile, reverse-engineer, or attempt to derive the source code of any binary distribution of the Software, except as expressly permitted by applicable law.
- Use BAI Desk to build a competing product or service.
- Remove or obscure any copyright, trademark, or other proprietary notice.
- Use BAI Desk in violation of any law, regulation, or third-party right.
- Attempt to circumvent any technical restriction, risk control, or safety gate in the Software, including the acknowledgement phrase, the monthly budget cap, the maximum loss cap, the kill switch, or the entitlement check.
6. How BAI Desk works with your money
You commit the money. BAI Desk trades using funds already in your own brokerage account. Doyel Labs LLC never takes custody of your funds. To place a trade, the Software sends an order through the broker's API using credentials you have connected. The broker executes the trade (or refuses it, in which case no trade occurs). Money moves between your bank and your brokerage account only through actions you take with the broker directly.
You set the limits. Before any live trading occurs, you must type a risk-acknowledgement phrase and configure a monthly budget and a maximum loss cap. The Software will not exceed these limits by design. You are responsible for setting limits that fit your financial situation.
We can be wrong. The Software is not perfect. Network errors, broker outages, bugs, market conditions, or misconfigurations can cause orders to fail, execute at unexpected prices, or not execute at all. You are responsible for monitoring your brokerage account and for taking action if something looks wrong.
7. No investment advice; you own every decision
Nothing in BAI Desk or in any communication from Doyel Labs LLC constitutes investment, tax, or legal advice, or a recommendation to buy, sell, or hold any security. The mechanical strategy the Software executes is generic; it is not personalized to you. If you need advice about whether an investment is appropriate for your situation, consult a qualified professional.
You accept all risk of the trades the Software places on your behalf.
8. Prohibited uses
You will not use BAI Desk to:
- Manipulate any market, engage in insider trading, or otherwise trade on the basis of material non-public information.
- Launder money, finance terrorism, or violate any economic sanction.
- Impersonate any person, share your subscription credentials, or use another person's brokerage account without their permission.
- Attempt to attack, overload, or otherwise interfere with the Software or any broker's systems.
- Violate any law of any jurisdiction, including the U.S. federal securities laws and the rules of the exchanges through which your broker routes orders.
9. Data and privacy
Our collection and use of information about you is described in our Privacy Policy. By using BAI Desk, you agree to that policy.
10. Termination
You may stop using BAI Desk at any time by uninstalling it and (where applicable) cancelling your subscription. We may suspend or terminate your right to use BAI Desk at any time, with or without cause and with or without notice, if we believe you have violated these Terms, if we are required to do so by law, or if we discontinue the Software.
Upon termination, the license in Section 5 ends, and you must stop using BAI Desk. Sections that by their nature should survive termination will survive.
11. Disclaimer of warranties
BAI DESK IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTY OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON- INFRINGEMENT, ACCURACY, RELIABILITY, OR THAT THE SOFTWARE WILL BE FREE OF ERRORS OR INTERRUPTIONS.
WITHOUT LIMITING THE FOREGOING, DOYEL LABS LLC MAKES NO WARRANTY THAT (a) THE SOFTWARE WILL MEET YOUR REQUIREMENTS, (b) THE SOFTWARE WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE, (c) THE RESULTS OBTAINED FROM THE USE OF THE SOFTWARE WILL BE ACCURATE OR RELIABLE, OR (d) ANY ERRORS IN THE SOFTWARE WILL BE CORRECTED.
Some jurisdictions do not allow the disclaimer of implied warranties, in which case some of the above disclaimers may not apply to you.
12. Limitation of liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT WILL DOYEL LABS LLC, ITS OFFICERS, DIRECTORS, MEMBERS, EMPLOYEES, AGENTS, OR AFFILIATES BE LIABLE TO YOU FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, INCLUDING DAMAGES FOR LOSS OF PROFITS, LOSS OF DATA, LOSS OF INVESTMENT, LOSS OF GOODWILL, OR ANY OTHER INTANGIBLE LOSS, ARISING OUT OF OR RELATED TO YOUR USE OF THE SOFTWARE, EVEN IF DOYEL LABS LLC HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, DOYEL LABS LLC'S TOTAL LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATED TO THESE TERMS OR YOUR USE OF THE SOFTWARE IS LIMITED TO THE GREATER OF (a) THE AMOUNT YOU PAID DOYEL LABS LLC FOR THE SOFTWARE IN THE TWELVE (12) MONTHS BEFORE THE CLAIM AROSE, OR (b) ONE HUNDRED U.S. DOLLARS ($100).
You expressly acknowledge that trading losses in your brokerage account are not damages caused by Doyel Labs LLC. Any trade the Software executes is a trade you authorized by connecting your account, setting your budget, and typing the risk-acknowledgement phrase. You bear the financial risk of those trades.
Some jurisdictions do not allow the limitation of liability for certain types of damages, so some of the above limitations may not apply to you.
13. Indemnification
You will indemnify, defend, and hold harmless Doyel Labs LLC and its officers, directors, members, employees, and agents from and against any claim, demand, loss, or damage (including reasonable attorneys' fees) arising out of or related to (a) your use of the Software, (b) your violation of these Terms, (c) your violation of any law or third-party right, or (d) any dispute between you and your broker.
14. Governing law and dispute resolution
These Terms and any dispute arising out of or related to them are governed by the laws of the State of Wyoming, without regard to its conflict-of-law rules.
Informal resolution first. Before filing any claim, you agree to try to resolve the dispute informally by contacting Doyel Labs LLC at [email protected]. We will try in good faith to resolve the dispute within thirty (30) days of your notice.
Arbitration. Any dispute that is not resolved informally will be resolved by binding individual arbitration administered by the American Arbitration Association ("AAA") under its Consumer Arbitration Rules. The arbitration will be conducted in Cheyenne, Wyoming, or by video where permitted by the AAA rules. Judgment on the arbitrator's award may be entered in any court of competent jurisdiction.
Class-action waiver. You agree that any dispute will be resolved on an individual basis and not as a class, representative, or collective action.
Small-claims carve-out. Either party may bring a claim in small-claims court in a court of competent jurisdiction, as long as the claim stays in that court and is not removed or appealed to a court of general jurisdiction.
15. Changes to these Terms
We may update these Terms from time to time. If we make a material change, we will notify you (for example, by updating the "Last updated" date at the top and, where practical, by an in-app or email notice). Your continued use of the Software after the change takes effect means you accept the updated Terms. If you do not accept the update, stop using the Software.
16. Entire agreement; severability; assignment
These Terms, together with the Privacy Policy, are the entire agreement between you and Doyel Labs LLC regarding the Software and supersede all prior agreements. If any provision of these Terms is held to be unenforceable, that provision will be enforced to the maximum extent permissible, and the remaining provisions will remain in full force. You may not assign these Terms without our prior written consent. We may assign these Terms without restriction.
17. Contact
Questions about these Terms, or notice of a dispute?
Doyel Labs LLC Email: [email protected] Website: https://doyel-labs.com