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Wealix

Terms of Service

Last updated: March 17, 2025

1. Acceptance of Terms

By accessing or using Wealix ("Service"), you agree to be bound by these Terms of Service ("Terms"). If you disagree with any part of these terms, you do not have permission to access the Service.

2. Description of Service

Wealix is a personal finance and wealth management platform that provides tools for:

  • Income and expense tracking
  • Investment portfolio management and analysis
  • Financial independence (FIRE) planning
  • Retirement planning and calculations
  • AI-powered financial insights and recommendations
  • Budget planning and management

3. Account Registration

Account Creation

To use certain features of the Service, you must register and create an account. You agree to:

  • Provide accurate, current, and complete information
  • Maintain and update your information as needed
  • Maintain the security of your account credentials
  • Accept responsibility for all activities under your account

Account Security

You are responsible for maintaining the confidentiality of your account credentials. You must notify us immediately of any unauthorized use of your account or any breach of security.

4. Subscription and Payments

Free Tier

We offer a free tier with limited features. No payment information is required for the free tier.

Paid Subscriptions

Paid subscriptions are billed on a monthly or annual basis. By subscribing, you agree to:

  • Pay all fees associated with your subscription
  • Provide accurate billing information
  • Authorize us to charge your payment method

Cancellation and Refunds

You may cancel your subscription at any time. Cancellations take effect at the end of the current billing period. Refunds are provided on a case-by-case basis within 14 days of purchase.

5. Acceptable Use

You agree not to:

  • Use the Service for any illegal purpose
  • Attempt to gain unauthorized access to any systems
  • Interfere with or disrupt the Service
  • Transmit viruses, malware, or harmful code
  • Collect information about other users without consent
  • Use automated systems to access the Service without permission
  • Reproduce, duplicate, or copy any part of the Service
  • Resell or redistribute the Service

6. Financial Data Disclaimer

Important: Wealix provides tools for financial tracking and analysis but does not provide professional financial advice. The information and insights provided by our Service, including AI-generated recommendations, are for informational purposes only.

You should consult with qualified financial advisors before making any investment decisions. We are not responsible for any financial losses or damages resulting from your use of the Service.

7. Intellectual Property

The Service and its original content, features, and functionality are owned by Wealix and are protected by international copyright, trademark, and other intellectual property laws.

Your financial data remains your property. We do not claim ownership of your data. You grant us a limited license to process your data solely for providing the Service.

8. Privacy

Your privacy is important to us. Please review our Privacy Policy, which describes how we collect, use, and protect your personal information.

9. Service Modifications

We reserve the right to modify, suspend, or discontinue the Service at any time, including the availability of any feature, database, or content. We will provide reasonable notice of any significant changes.

10. Limitation of Liability

To the maximum extent permitted by law, Wealix shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, or goodwill.

11. Indemnification

You agree to indemnify and hold harmless Wealix and its affiliates, officers, directors, employees, and agents from any claims, losses, damages, liabilities, and expenses (including legal fees) arising from your use of the Service or violation of these Terms.

12. Dispute Resolution

Governing Law

These Terms shall be governed by and construed in accordance with the laws of the Kingdom of Saudi Arabia, without regard to its conflict of law provisions.

Arbitration

Any disputes arising from these Terms or the Service shall be resolved through binding arbitration in Riyadh, Saudi Arabia.

13. Changes to Terms

We reserve the right to modify these Terms at any time. We will notify users of material changes via email or through the Service. Your continued use of the Service after such changes constitutes acceptance of the new Terms.

14. Termination

We may terminate or suspend your account and access to the Service immediately, without prior notice, for any reason, including breach of these Terms.

15. Contact Information

For questions about these Terms, please contact us:

  • Email: legal@wealix.app
  • Address: Riyadh, Kingdom of Saudi Arabia
  • Contact Form