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Compliance

Regulatory & Risk Disclosures

RelayDesk is automation software, not a broker, RIA, or custodian. Review your responsibilities and the risks of algorithmic options trading before using the platform.

What RelayDesk Is

RelayDesk connects TradingView alerts to your broker's API to automate execution. We are a technology company providing a Software-as-a-Service platform.

  • Not A broker-dealer or financial institution
  • Not A registered investment advisor (RIA)
  • Not A custodian of customer funds or securities
  • Not A provider of investment advice or trading signals

What This Means for You

Eligibility

  • • You must be 18+ years old
  • • RelayDesk currently supports U.S.-based traders

You are responsible for:

  • • All trading decisions and strategy development
  • • Monitoring automated positions and adjusting risk
  • • Ensuring compliance with all applicable laws
  • • Tax reporting and record keeping

Risk disclosures

Options & automation are risky

Read and understand every scenario before activating a live bot.

Options & Trading Risk

  • • Options can lose 100% of their value and 0DTE contracts carry extreme decay risk.
  • • Rapid price swings can lead to significant losses in seconds.
  • • Leverage amplifies both gains and losses. Past performance never guarantees future results.

Automation-Specific Risk

  • • System failures, webhook delays, or broker outages may prevent orders from executing.
  • • Misconfigured bots can submit unexpected orders and require manual intervention.
  • • Progressive stop-loss adjustments may fail or lag during volatile markets.
  • • TradingView or broker incidents can disrupt RelayDesk automation.

System Dependencies & Limitations

  • • RelayDesk operates within broker API limits and capabilities.
  • • Execution depends on TradingView delivering webhooks successfully.
  • • Network issues, halts, or exchange-level events can block automation.
  • • You must know how to log into your broker directly to manage open positions.

No Guarantees

  • • RelayDesk does not promise profitability, uptime, or execution speed.
  • • Compatibility with future broker API changes is not guaranteed.
  • • Service availability is best-effort, however your broker account stays accessible even if RelayDesk is offline.

Your Broker Relationship

All orders execute through your connected broker (Alpaca or Tradier), both FINRA/SIPC members. RelayDesk is separate from your broker and never touches your cash or securities.

  • • Your accounts and funds are held at your broker
  • • SIPC coverage protects eligible assets up to $500k
  • • Your broker's terms govern your brokerage relationship
  • • You retain direct access to your broker regardless of RelayDesk availability

Responsibilities

What every trader must do

Compliance

  • • Ensure you are legally allowed to trade options
  • • Obtain and maintain proper broker approvals
  • • Follow pattern day trader (PDT) rules where applicable
  • • Report trading activity for taxes

Account Security

  • • Keep API keys private
  • • Do not share account access
  • • Monitor for unauthorized usage
  • • Contact support immediately if something seems off

Risk Management

  • • Trade with capital you can afford to lose
  • • Set appropriate position limits
  • • Use stops and risk controls
  • • Monitor bots frequently

Testing & Validation

  • • Paper trade extensively
  • • Verify TradingView webhook delivery
  • • Start with minimal size before scaling
  • • Understand how strategies behave in different markets

API Keys & Data

  • • RelayDesk only asks for broker API keys
  • • Keys are encrypted using AES-256
  • • Required permissions: Trading + Account Data
  • • Keys can be revoked anytime in your broker dashboard

Service Availability

  • • Monitor your positions even when automated
  • • Access your broker directly during outages
  • • Keep broker credentials handy
  • • Have a backup plan for manual intervention

Before you trade, confirm that you understand:

  • Options trading and 0DTE strategies can result in rapid, total losses.
  • Automation can fail, plan for manual intervention and monitor positions.
  • You remain 100% responsible for trading decisions, strategies, and configuration.
  • Third-party dependencies (TradingView, brokers, Better Stack) may experience outages.
  • Extensive paper trading and staged rollout are required before trading live size.
  • You can always reach your broker directly to manage positions.
  • RelayDesk does not guarantee profits, uptime, or future availability of the service.

Questions?

We're happy to talk compliance

If you or your legal team need clarification on our regulatory stance, let us know and we'll hop on a call.

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