Terms of Service

1. Introduction

These Terms of Service (“Terms”) are a legally binding agreement between you (“you” or “User”) and Beaverly Innovative Systems Ltd. (“Beaverly,” “we,” “us,” or “our”), a company registered in Nigeria, concerning your access to and use of the Beaverly website, Chilla, M-II, Chilla Demo, and related products and services (collectively, the “Services”).

2. Acceptance of these Terms

By accessing or using the Services, you acknowledge that you have read, understood, and agree to these Terms and the policies incorporated by reference. If you do not agree, you must not use the Services.

3. What Beaverly provides — and what it does not

Beaverly is a software company that provides hosted software automation. The Services may run on infrastructure operated by Beaverly or its technology providers rather than on your personal device. Beaverly is not a brokerage, bank, custodian, licensed investment adviser, or portfolio manager. Beaverly does not receive your deposits, make withdrawals from your trading account, or hold or custody the money in that account.

Chilla lets you state what you are working towards, understand the supported ways the product can work, make material choices that belong to you, review the resulting PLAN, activate live work when ready, and receive reports about that work. Chilla may use available product and account context to remove unavailable choices, explain supported options, and handle product setup around the choices you make.

Chilla’s explanations, option presentation, PLAN and other product outputs are not a personalized investment recommendation, suitability determination, or promise that a particular behaviour, market, account configuration or level of financial activity is appropriate for your personal financial circumstances. You decide which material work to choose, whether to activate it, and whether use of the Services is appropriate for you.

4. Eligibility

You must be at least 18 years old and have legal capacity to enter into these Terms. You are responsible for ensuring that your use of the Services is lawful where you live and that you have authority to connect and use any third-party trading account you link to Beaverly.

5. Your account and security

• You are responsible for safeguarding your Beaverly account credentials and devices.
• You must not paste passwords, OTP/MFA codes, recovery codes, private keys, or other third-party authentication secrets into ordinary Chilla conversation or support messages.
• You agree to notify Beaverly promptly if you suspect unauthorized access or misuse.
• Chilla does not store plaintext broker passwords.

6. Trading-account connection, PLAN review, and authorized work

Connecting a supported trading account and authorizing live Chilla work are separate actions. The account is hosted by a provider, and connecting it does not by itself activate live financial work.

Where a material behaviour, trading-account or market choice is required, that choice remains yours. Chilla may narrow choices based on objective product or account compatibility and explain supported options, but the material choice is made by you before the PLAN is finalized.

Once the required material choices are settled, Chilla presents the PLAN for review. Approving the PLAN moves you through the required disclosure and agreement for that work. Live work begins only after the applicable final activation step.

Once active, Chilla can carry ongoing financial-market actions inside those authorized boundaries without asking you to approve every individual action. Chilla does not have unlimited authority over a connected trading account. Material changes that require new authority return to you for review and authorization. You may also pause or stop active work or revoke provider access using controls made available by Beaverly or the provider, as applicable.

Product controls, provider conditions, capacity, technical failures, security concerns, or legal requirements may prevent, pause, or limit activity.

7. Supported provider assistance

Where available, Chilla may help you navigate supported provider pages for trading-account setup or account management. That assistance does not transfer responsibility for sensitive or consequential actions to Chilla.

You remain responsible for passwords, OTP/MFA, identity/KYC information, legal declarations, OAuth or similar account approvals, transaction details, deposit or withdrawal choices, transfers, and other consequential confirmations. When you take over a supported sensitive credential step, Chilla does not observe the credential-entry activity.

Where provider-session information is retained under product policy to continue supported assistance, it is handled as sensitive connected-account data as described in the Privacy Policy.

8. Chilla Demo

Chilla Demo is Beaverly’s built-in synthetic demo environment that relies on live market data. Demo balances and activity are simulated on live data and do not represent money held for you by Beaverly. Demo funds cannot be deposited into or withdrawn from a real financial account.

Chilla Demo is intended to demonstrate the product experience. Demo results do not guarantee or predict results in a live account.

9. Payment, billing, cancellation, and refunds

Certain features require a paid subscription tier. Fees are charged in advance for the billing period you select unless otherwise stated. Current tier pricing and allowances are shown on the Pricing page.

Payments may be processed by third-party payment providers. Beaverly may suspend paid access for non-payment, payment reversal, suspected fraud, or other billing problems. Subscription fees pay for access to software and service capacity; they are not tied to profits, returns, account size, assets under management, or trading volume.

Cancellation stops future billing according to the billing controls available to you and does not automatically create a refund for a current paid period. Refund eligibility is governed by our Refund Policy and applicable law.

10. License and restrictions

We grant you a limited, non-exclusive, non-transferable, revocable right to access and use the Services for their intended purpose while you comply with these Terms.

You agree not to:

• reverse-engineer, copy, scrape, reproduce, or modify protected Beaverly software, models, product logic, ways of working, or systems except where applicable law expressly permits it;
• circumvent access controls, safeguards, usage limits, security mechanisms, or authorization requirements;
• use the Services for fraud, market abuse, manipulation, unlawful activity, or to violate a third party’s rights;
• misrepresent your identity, account ownership, authorization, or eligibility;
• interfere with the security, availability, integrity, or operation of the Services.

11. Market risk, no personalized recommendation, and no promised outcome

Financial markets can move quickly and unpredictably. Live use of Chilla can result in partial or total loss of capital and may not be appropriate for every person or financial situation.

Beaverly does not promise profit, return, loss prevention, or future performance. Chilla’s available ways of working and markets, product explanations, neutral option presentation, PLAN, generated conversation, reports from Chilla, and demo activity are product outputs and information, not a guarantee or individualized determination that a particular financial choice is appropriate for you.

You are responsible for deciding whether to participate, which material choices to make, whether to activate the work shown in the PLAN, how much capital you make available through the connected trading account, and whether continued use is appropriate for you. See the Risk Disclosure for more detail.

12. No custody, banking relationship, or fiduciary duty

Beaverly does not hold, receive, deposit, withdraw, manage, or custody money in your connected trading account. Your funds remain with the third-party provider hosting that account.

Beaverly does not act as your bank, broker, investment adviser, tax adviser, trustee, or fiduciary. You remain responsible for determining whether the Services are appropriate for your circumstances and may seek independent professional advice where needed.

13. Third-party services and availability

The Services depend on third parties such as trading-account providers, market-data sources, infrastructure providers, payment processors, and other technology services. Their systems may be unavailable, delayed, restricted, inaccurate, or changed without Beaverly’s control.

Beaverly does not promise uninterrupted availability, error-free operation, specific provider execution quality, or continuous access to every account, market, way of working, or feature. Compatibility can vary by provider, account type, region, legal requirements, and product availability.

14. Intellectual property

Beaverly and its licensors retain all rights in the Services, including software, designs, branding, trademarks, product logic, documentation, data compilations, and other intellectual property associated with Beaverly, Chilla, and M-II. Except for the limited right to use the Services under these Terms, no ownership rights are transferred to you.

15. Suspension and termination

We may suspend or terminate access where reasonably necessary for violations of these Terms, misuse, security concerns, non-payment, fraud, legal requirements, jurisdiction restrictions, or protection of the Services or other users. You may stop using the Services or cancel your account at any time.

Termination does not remove obligations that arose before termination. Where technically possible and required by the product state, Beaverly will stop further authorized work associated with a terminated Beaverly account; third-party trading-account state remains subject to the relevant provider.

16. Indemnification

To the extent permitted by law, you agree to indemnify, defend, and hold harmless Beaverly, its officers, directors, affiliates, employees, and agents from claims, losses, damages, liabilities, and reasonable costs arising from your unlawful use of the Services, violation of these Terms, infringement of third-party rights, or misuse of a third-party trading account.

17. Limitation of liability

To the fullest extent permitted by applicable law, Beaverly will not be liable for indirect, incidental, consequential, exemplary, or special damages, including loss of profits, revenue, data, opportunity, or use, arising from or relating to the Services.

To the fullest extent permitted by law, Beaverly’s aggregate liability for claims arising out of or relating to the Services is limited to the fees you paid to Beaverly during the three months immediately preceding the event giving rise to the claim.

Nothing in these Terms excludes liability that cannot lawfully be excluded or limited.

18. Governing law and disputes

These Terms are governed by the laws of the Federal Republic of Nigeria. Subject to any mandatory rights that apply to you, disputes arising from or relating to these Terms or the Services are subject to the jurisdiction of the courts of Lagos State, Nigeria.

19. Changes, notices, and contact

We may update these Terms when the Services, law, provider relationships, or our business changes. We will update the date above and may provide additional notice when a change is material. Continued use after an updated Terms becomes effective constitutes acceptance to the extent permitted by law.