Hift: Risk Disclosure

Last updated: May, 2026

1. Introduction and scope

   
   

Using Hift involves real financial risk, and this Risk Disclosure explains what those risks are before you rely on anything Hift produces.

This disclosure applies to everything Hift provides, including:

the Hift website at hift.io, the Hift app at hift.app, and any Hift websites that redirect to them (such as hift.eu and hift.markets);

research reports, summaries and answers produced by Quick Research and Deep Research;

directional signals, outcome signals, forecasts and probabilities;

market data, odds and prices shown in the service;

emails, newsletters, social media posts and any other content we publish.

Please read it together with our Terms of Service, Privacy Policy and Financial Disclaimer. If there is any conflict between this document and the Terms of Service, the Terms of Service apply.

By creating an account, buying credits or a monthly plan, or using any part of Hift, you confirm that you have read and understood this Risk Disclosure.

2. Who we are and our regulatory status
   
   

Hift is an AI-powered research tool. It is not authorised, licensed or regulated by any financial regulator or gambling regulator in any country.

Hift is operated by [Company legal name], a company registered in [country] under registration number [number], with its registered address at [address]. In this document, "Hift", "we", "us" and "our" refer to that company.

Because we are not authorised or regulated, the following applies:

We do not provide investment advice. Nothing Hift produces is a personal recommendation to buy, sell or hold any asset, or to take any position in any market.

We are not a broker, exchange, trading platform or gambling operator. You cannot buy, sell, trade or place a bet through Hift.

We do not hold your money or assets. We never receive, hold or manage client funds, crypto assets or securities. Payments to Hift are only for access to the service.

We do not execute or arrange transactions. We do not pass orders to anyone, and we do not introduce you to brokers or platforms in return for payment.

You have no regulatory protection when using Hift. Investor compensation schemes, financial ombudsman services and similar protections that apply to regulated firms do not cover your use of Hift or decisions you make based on it.

If we obtain any licence or authorisation in the future, we will update this disclosure and tell you clearly what it covers.

3. What Hift provides
   
   

Hift provides general, impersonal research for information purposes only. The same report could be produced for anyone who asks the same question.

Hift can research:

shares and stocks;

exchange-traded funds (ETFs);

crypto assets;

other financial assets and topics, such as commodities, currencies, indices and broader market themes;

prediction markets and the events they relate to.

You can choose Quick Research, a shorter and faster analysis, or Deep Research, a longer analysis that draws on more sources. Both are produced in the same way and carry the same risks described in this document. A longer report is not more likely to be correct.

Hift does not know your income, savings, debts, goals, experience, tax position or attitude to risk. It does not ask for this information and does not take it into account.

Credits, monthly plans and add-ons pay only for access to research. They do not buy advice, guarantees, a track record or any financial product.

4. How our research is produced
   
   

Every Hift report is generated by artificial intelligence. No human analyst reviews an individual report before you see it.

When you submit a question, Hift:

interprets your question and identifies the asset, market or event it relates to;

gathers information from third-party sources, which may include market data providers, company filings, news, official statements and, for prediction markets, the platform's published rules and prices;

uses a large language model to analyse that information and write a structured report;

where the report includes a signal or forecast, produces it from the same analysis.

The AI models we use are provided by third parties, currently including Anthropic. Those providers do not review, approve or take responsibility for Hift's research.

Facts and opinions. Reports combine factual information taken from sources with analysis, assessments and opinions generated by AI. Signals, forecasts, assessments and descriptions of likely outcomes are opinions, not facts.

Date and time. Each report shows when it was produced. Markets, prices and odds can change within seconds, so a report reflects only the information available to Hift at that moment and is not updated afterwards.

Sources. Where possible, reports show the sources they relied on. A source being listed does not mean it is accurate, complete or current, or that the report has interpreted it correctly.

5. Risks of AI-generated research
   
   

AI can be wrong, and it can be wrong while sounding completely confident. You should treat every Hift report as a starting point for your own research, not a final answer.

The main risks are:

Errors and invented information. AI models can state facts, figures, quotes, dates or events that are incorrect or do not exist.

Outdated information. A report may rely on information that has since changed, or miss recent developments entirely.

Misreading sources. The AI may misunderstand, misquote or wrongly summarise a source, even when the source itself is correct.

Missing information. A report may leave out facts, risks or developments that would change your view.

Bias. The AI may give too much weight to some sources, viewpoints or recent news, or reflect biases in the information it was trained on or given.

Inconsistent answers. Asking the same question twice, or wording it differently, can produce different reports, signals or forecasts.

Wrong asset or market. The AI may confuse similar names, tickers or markets and research the wrong one.

Provider changes and outages. Changes to, or interruptions of, the third-party AI models we use can affect the quality and availability of research without notice.

Always check important facts and figures against the original sources before acting on them.

6. Data and source risks
   
   

Hift depends on information from third parties that we do not control and cannot fully verify.

Delayed data. Prices, market data and odds may be delayed and may not reflect the current market.

Snapshots, not live feeds. Prices and odds shown in a report are taken at a single point in time. They will often have changed by the time you read the report.

Inaccurate or incomplete data. Data providers, news outlets, platforms and other sources can publish errors, omissions or information that is later corrected.

Unavailable sources. Some sources may be blocked, paywalled, offline or not covered, so a report may be based on fewer sources than expected.

Third-party content. Links to external websites, filings or articles are provided for convenience. We are not responsible for their content, accuracy or availability.

We do not guarantee that any data, price, odds or source shown in Hift is accurate, complete, current or suitable for any purpose. For trading or other time-sensitive decisions, always use the live price from the relevant exchange, broker or platform.

7. Signals, forecasts and probabilities
   
   

Hift's signals and forecasts are AI-generated opinions about what the available evidence suggests. They are not recommendations, predictions you can rely on, or instructions to trade or bet.

Highly bullish to Highly bearish (including Slightly bullish, Neutral and Slightly bearish). Used in research on stocks, ETFs, crypto and other assets. It is Hift's view of whether the evidence leans towards the price rising or falling over the stated horizon.

Solid Yes, Likely Yes, Lean Yes, Toss-up, Lean No, Likely No and Solid No. Used in prediction market research. It is Hift's view of how likely an event is, based on its own estimated probability.

Not enough evidence. Used in prediction market research when Hift did not find enough consistent information to form a view.

Conviction or Forecaster confidence (High, Moderate or Low). Shows how strong and consistent Hift considers the evidence to be. It does not show how likely Hift is to be right.

Hift estimate or Forecast probability. A probability generated by the AI model.

Market probability or Market price. The price shown on a third-party platform at the time of the report.

Please keep the following in mind:

Probabilities are estimates, not guarantees. A 90% forecast still means the event may not happen. Events given a 90% forecast should be expected to fail roughly 1 time in 10, and often more if the forecast is poorly calibrated.

Hift's accuracy has not been independently verified. We are building a record of past forecasts and outcomes. Until it is published, there is no evidence of how accurate Hift's forecasts are.

Differences from the market are not trading signals. When Hift's estimate differs from the market price, or a report says an outcome "looks underpriced" or "overpriced", this is a description of the gap between two numbers. It does not mean the market is wrong or that a trade would be profitable.

Signals can change quickly. A signal reflects the evidence at the time of the report and can become outdated as soon as new information appears.

A signal is only one input. It does not consider your circumstances, the price you would pay, fees, taxes or how a decision fits with the rest of your finances.

8. General investment risks

   
   

All investing and trading involves risk, and you could lose some or all of the money you put in. Only invest money you can afford to lose.

Loss of capital. The value of any asset can fall as well as rise, and you may get back less than you invested.

Volatility. Prices can move sharply and unexpectedly, sometimes within minutes, because of news, economic data, market sentiment or events no one predicted.

Past performance. Past performance, historical trends and backtested results are not a reliable guide to future results.

Liquidity. Some assets can be hard to sell quickly or at a fair price, especially in fast-moving or thin markets.

Leverage and short selling. Borrowing to invest, or using leveraged products, can multiply losses as well as gains. Short selling can lead to losses with no upper limit. In both cases you can lose more than your original investment.

Currency risk. If an asset is priced in a different currency from your own, exchange rate movements can reduce your returns or increase your losses.

Concentration. Putting a large share of your money into a single asset, sector or market increases the impact of any loss.

Economic and political events. Interest rate changes, inflation, recessions, elections, wars, sanctions, pandemics and natural disasters can affect entire markets at once.

Regulatory change. New laws, taxes, bans or regulatory decisions can reduce the value of an asset, restrict how it can be traded or make it unavailable in your country.

Market disruption. Exchanges and platforms can halt trading, suffer outages or limit orders, and you may be unable to buy or sell when you want to.

Failure of your provider. Brokers, exchanges, banks and custodians can fail, be hacked or freeze accounts. Protection schemes, where they exist, may not cover all of your losses.

Information already priced in. Hift's research is available to many people at the same time. Public information is often already reflected in the price, so acting on it may give you no advantage.

Costs and taxes. Fees, spreads and taxes reduce returns. Hift does not take them into account, and tax rules depend on your personal situation and country.

9. Asset-specific risks

   
   

Different assets carry different risks. The points below are not complete, and each asset you research may carry risks that Hift does not mention.

Stocks and shares. A company's share price can fall because of poor results, management decisions, competition, legal action, regulation or wider market conditions. Companies can fail, and shareholders can lose their entire investment.

ETFs. ETFs carry the risks of the assets they hold. Some ETFs use leverage, derivatives or complex strategies, track their index imperfectly, or trade at a price different from the value of their holdings.

Crypto assets. Crypto assets are highly volatile and largely speculative. In particular:

prices can rise or fall by large amounts in a very short time;

many crypto assets are not backed by any physical asset, company or government;

the rules for crypto assets differ between countries and can change quickly;

exchanges, wallets and platforms can be hacked, fail, freeze withdrawals or become insolvent;

transactions are usually irreversible, and lost or stolen assets are rarely recovered;

crypto markets can be affected by manipulation, low liquidity and false information;

smart contracts and decentralised finance (DeFi) protocols can contain bugs or be exploited, causing sudden total losses;

stablecoins can lose their peg and fall below the value they aim to track;

staking, lending and yield products can lock up your assets, reduce in value or fail;

new, small or meme tokens are especially prone to sudden collapse, abandonment by their creators and scams;

in most countries, crypto assets are not covered by investor compensation or deposit protection schemes.

Derivatives, commodities and currencies. Futures, options, contracts for difference and similar products are complex and often leveraged, and losses can exceed your initial outlay. Commodity and currency prices can move sharply because of supply shocks, interest rates, political events and central bank decisions.

Tokenised stocks and other tokenised assets. Tokens that track shares, ETFs or other assets may not give you ownership, voting rights or dividends. Their value depends on the issuer and custodian, they may trade at a different price from the underlying asset, and they may be restricted in your country.

Small companies, new listings and over-the-counter shares. Shares in small companies, recent listings (IPOs), special purpose acquisition companies (SPACs) and shares traded outside major exchanges can be very volatile, hard to sell and targets for "pump and dump" schemes.

Bonds and other fixed income. Bond prices fall when interest rates rise. Issuers can delay or fail to make payments, and some bonds are hard to sell before they mature.

Emerging and frontier markets. Assets in these markets can carry extra political, legal, currency and settlement risks, with less information available and weaker investor protection.

10. Prediction market risks

    
    

Prediction markets carry legal and financial risks that are different from, and in some ways greater than, those of traditional investing. Hift researches these markets, but it does not offer, operate, arrange or promote trading on them.

Legal status. The legal status of prediction markets varies by country and is changing quickly.

In many countries, prediction markets are treated as gambling, and platforms without a local gambling licence may be illegal and blocked.

In the European Union, the European Securities and Markets Authority has stated that some event contracts are derivatives that fall under existing restrictions on binary options. Those restrictions prohibit marketing, distributing or selling them to retail clients.

Using a prediction market where it is not permitted may break the law where you live, and you may have no legal protection if something goes wrong.

It is your responsibility to check whether you can legally use a prediction market before you do so.

Total loss. Most prediction market contracts have a binary outcome. If the outcome goes against you, you can lose the entire amount you paid for the contract.

Resolution risk. Each market settles according to the platform's own rules. Those rules may be unclear, interpreted differently from how you expect, changed, disputed or decided by a process you cannot influence. A market can resolve in a way that seems to contradict what actually happened. Hift's summary of a market's rules may be incomplete or wrong, so always read the platform's full rules.

Price, liquidity and manipulation risk. Market prices reflect what traders are willing to pay, not the true probability of an event. Prices in small or new markets can be moved easily, can be unreliable, and may be affected by manipulation or by traders with information you do not have.

Insider and information risk. Some traders may have private or early information about an event. Markets can move suddenly before news becomes public, and you may be trading against people who know more than you.

Money locked until settlement. Your money may be tied up until a market resolves, which can take weeks, months or longer, and can be delayed further by disputes.

Fees and taxes. Platform fees, spreads, currency conversion and network fees reduce any winnings. Winnings may be taxed as gambling income, capital gains or ordinary income depending on your country.

Sensitive events. Markets on elections, wars, disasters, deaths or similar events may be restricted or illegal in some countries, even where other prediction markets are allowed.

Platform risk. Prediction market platforms can suspend or cancel markets, freeze accounts, restrict withdrawals, suffer hacks or outages, or become insolvent. Platforms that use crypto assets also carry the crypto risks described in Section 9.

No affiliation. Hift is independent and is not affiliated with, endorsed by or paid by Polymarket, Kalshi or any other prediction market platform. Market names, prices and rules are shown for research and identification only.

Risk of harm. Trading on prediction markets can become compulsive. If you find yourself chasing losses, spending more than you planned or feeling stressed about your positions, stop and seek help from a gambling support service in your country.

11. Legal and jurisdiction restrictions

    
    

You are responsible for making sure your use of Hift, and any decision you make based on it, is legal where you live.

Age. You must be at least 18 years old to use Hift, and prediction market research is only available to users aged 18 and over.

Restricted countries. Some features, including prediction market research, may not be available in every country. We may restrict or switch off features, or refuse access, where we believe they may not be lawfully provided.

Sanctions. You may not use Hift if you are subject to sanctions, or if you are located in or ordinarily resident in a country or region subject to comprehensive sanctions.

Getting around restrictions. You must not use a VPN, false information or any other method to access features that are not available in your country.

Local rules. Laws on investing, crypto assets, derivatives and prediction markets differ between countries. Content that is lawful in one country may not be lawful in another.

No offer. Nothing on Hift is an offer, solicitation or invitation to buy or sell any financial product, or to take part in any prediction market, in any country.

12. No personal advice and your responsibilities

    
    

Every decision you make is your own, and you are solely responsible for the results.

Hift has not assessed whether any asset, strategy or market is suitable or appropriate for you. Before making any investment, trading or betting decision, you should:

check the key facts and figures against original sources;

read the official documents for the asset or market, such as prospectuses, key information documents, white papers or platform rules;

consider your own financial situation, goals and tolerance for risk;

where appropriate, get advice from an independent adviser who is authorised in your country.

To the fullest extent permitted by law, Hift is not liable for any loss or damage arising from your use of, or reliance on, any research, signal, forecast or data it provides. Our Terms of Service set out the full limits of our liability.

Nothing in this Risk Disclosure excludes or limits any liability that cannot be excluded or limited under applicable law, or affects your statutory rights as a consumer.

13. Conflicts of interest

    
    

Hift's research is not paid for by anyone it covers. We earn money only from users buying credits and monthly plans.

No payments from issuers or platforms. We do not accept payment, commissions, referral fees or other benefits from companies, crypto projects, fund providers or prediction market platforms for covering them or for the content of our research.

No sponsored research. No report, signal or forecast is sponsored, and we do not allow anyone to influence a report in exchange for payment.

Holdings of our team. People who work for or own Hift may personally hold assets, or positions in markets, that Hift researches. Because reports are generated automatically, they do not decide what an individual report says. To keep our research independent, everyone at Hift follows these rules:

• No one may change or override the signal or forecast in an individual report.

• No one may trade based on what users are researching, whether one user’s questions or overall trends.

• No one may trade an asset featured in Hift’s own published content, such as social media posts, newsletters or website examples, from 24 hours before until 24 hours after it is published.

• No one at Hift trades on prediction markets.

• When our published content features an asset that a member of our team holds, we say so.

  
  

If this changes, for example if we introduce partnerships or affiliate arrangements, we will disclose them clearly on this page and wherever they apply.

14. Third-party names, platforms and links

    
    

Company names, logos, tickers, crypto asset names and platform names that appear on Hift are used only to identify what is being researched.

Their appearance does not mean that the company, project or platform has a relationship with Hift, has reviewed or approved our research, or endorses Hift in any way. All trademarks belong to their respective owners.

Where Hift links to or names an external website, exchange, broker or platform, this is not a recommendation to use it. You use any third-party service at your own risk and under that service's own terms.

15. Service and technology risks

    
    

Hift is an online service and may not always be available or work as expected.

Outages and delays. The service may be slow, interrupted or unavailable because of maintenance, technical faults, problems with our providers or events outside our control. Do not rely on Hift for time-critical decisions.

Incomplete reports. A report may fail, stop part way through or return incomplete results. How credits are handled in these cases is set out in our Terms of Service.

Changes to the service. We may change, add or remove features, assets, markets, data sources or AI models at any time, which may change the content and quality of research.

Security. We take reasonable steps to protect the service and your data, but no online service is completely secure. Keep your login details private and tell us immediately if you suspect unauthorised access to your account.

Saved reports. Reports stored in your account may not be kept indefinitely. Keep your own copy of anything you need.

16. Scams, fraud and impersonation

    
    

Scammers often pretend to be research or trading services. Hift will never:

ask you to send money, crypto assets or payments anywhere other than our official checkout;

ask for your passwords, seed phrases, private keys or access to your wallet or brokerage account;

offer to trade, invest or manage money on your behalf;

promise guaranteed returns or "sure" outcomes;

contact you through private messages offering paid signals, groups or investment opportunities.

Our only official websites are hift.io and the Hift app at hift.app. The addresses hift.eu and hift.markets only redirect to hift.io. We only send email from addresses ending in @hift.io. If anyone contacts you claiming to be Hift and asks for any of the above, or from any other website or email address, it is a scam. Do not respond, and report it to us at security@hift.io.

17. Behavioural risks and over-reliance

    
    

How you use research can create risks of its own.

Trusting AI too much. Clear, confident reports can make it tempting to act without checking. Treat every report as one input, not the answer.

Confirmation bias. It is easy to look for research that supports a decision you have already made. Pay attention to the risks and counterarguments in each report.

Overtrading. Researching often can lead to trading often. Frequent trading increases costs and, for most people, reduces returns.

Chasing losses. Trying to win back losses with bigger or riskier positions usually makes losses worse.

Financial difficulty. If you are in debt, struggling to pay bills or relying on investments to cover essential costs, do not invest or trade. Seek free debt or money advice in your country first.

18. Sharing content, inside information and market abuse

    
    

You are responsible for what you do with Hift's research, including what you share.

Sharing reports. If you share a Hift report or signal, you must not present it as personal advice, as your own professional opinion or as a guaranteed outcome. You are responsible for anything you publish or send to others.

Inside information. Do not enter confidential or inside information into Hift, such as non-public information about a company, a deal or the outcome of an event. Trading on, or disclosing, inside information can be a criminal offence.

Market manipulation. You must not use Hift to create or spread false or misleading information, or to try to influence the price of any asset or the odds of any market.

Your own data. Do not enter sensitive personal or financial information into your questions. Our Privacy Policy explains how we handle the information you provide.

We may suspend or close accounts that we reasonably believe are being used for any of these purposes, and we may report suspected market abuse to the relevant authorities where the law requires it.

19. Examples, marketing and forward-looking statements

    
    

Not everything you see about Hift is a live research result.

Examples and demos. Reports, charts, signals, forecasts, prices and odds shown on our website, in videos, in advertising or on social media are illustrative examples. They may use simplified or fictional data, may be out of date, and do not show what Hift would produce for you today.

No performance claims. Examples are not evidence of Hift's accuracy, and they do not represent typical results. Any future track record we publish will explain how it was measured and its limits.

Social media and newsletters. Posts, emails and short summaries are general information only. They leave out detail and risks, and they may be outdated by the time you read them.

Forward-looking statements. Reports may include statements about the future, such as expected events, price direction or likely outcomes. These are based on assumptions that may turn out to be wrong, and actual results may differ materially.

20. Changes and contact

    
    

We may update this Risk Disclosure when our service, the law or the risks change. The "Last updated" date at the top shows when it was last changed. If we make a significant change, we will tell you by email or in the app before it takes effect.

If you have questions about this Risk Disclosure, contact us:

Email: legal@hift.io

Post: [Company legal name], [registered address]

If this Risk Disclosure is translated into another language, the English version applies if there is any difference.