Terms of Service

Last updated: November 10, 2026

These terms are an agreement between you and Arnika LLC, 30 N Gould St, STE R, Sheridan, WY 82801, USA ("we", "us"), the maker of Portfelj. They cover the Portfelj app and command line tool, the license server and this website (together, "the service"). By buying a license or using the service, you agree to these terms.

Purchases and subscriptions

Our order process is conducted by our online reseller Paddle.com. Paddle.com is the Merchant of Record for all our orders. Paddle provides all customer service inquiries and handles returns. Payments are also covered by Paddle's buyer terms.

• A license is a subscription for the period of the plan you choose (1 or 2 years). Prices are shown before you pay. Taxes are added or included depending on your location.
• The subscription renews automatically at the end of each period until you cancel it. You can cancel at any time using the link in your Paddle receipt or at paddle.net. The license keeps working until the end of the period you've paid for.
• Refunds are covered by our Refund Policy.

License

We grant you a personal, non-exclusive, non-transferable license to use Portfelj while your subscription is active. Each license key can be activated on one device. You must not:

• share, resell or publish your license key;
• copy, modify, decompile or reverse engineer the software, except where the law allows it;
• bypass or interfere with license checks.

Acceptable use

You must not use the service for anything unlawful or fraudulent, infringe anyone's intellectual property, or interfere with the security of the service, for example by distributing malware, probing or overloading the license server, or scraping the website.

Ownership

We own Portfelj, including its software, documentation and brand. These terms don't transfer any of these rights to you, other than the license above.

Your data

Portfelj processes your flex reports on your own device. We don't receive your reports, positions or trades. See our Privacy Policy for the data we do process.

No financial or tax advice

Portfelj is a tool to help you track your portfolio and prepare tax forms. It doesn't give financial, investment, legal or tax advice. You're responsible for checking the figures and the returns you file. Portfelj isn't affiliated with Interactive Brokers or the Financial Administration of the Republic of Slovenia (FURS).

Accuracy of results

We work hard to make Portfelj accurate, but it may contain bugs or other malfunctions, and the data it relies on, such as reports from Interactive Brokers and exchange rates, may be incomplete or incorrect. As a result, its calculations, reports and tax forms may be wrong or incomplete.

Check everything Portfelj prepares before you rely on it or submit it. You alone are responsible for the accuracy of the tax returns you file. The app and the command line tool show a liability disclaimer that you accept before first use. It says the same and is part of these terms.

Availability and warranty

While your subscription is active, Portfelj will work substantially as described on this website. If it doesn't, we'll fix the problem or, if we can't, refund you as described in the Refund Policy.

We can't guarantee that the service will be uninterrupted or error-free, or that it handles every broker report, corporate action or tax rule. Apart from the promise above, and to the extent the law allows, we give no other warranties, express or implied, including warranties of merchantability or fitness for a particular purpose. This doesn't affect the rights consumers have by law.

Liability

To the extent the law allows:

• we are not liable for any loss, penalty or other damage resulting from the use of Portfelj, including results that are wrong because of a bug or other malfunction. This includes additional tax, tax penalties and interest, costs of correcting a tax return, lost profits and other indirect or consequential losses;
• if Portfelj doesn't work as described, your remedy is that we fix the problem or, if we can't, refund what you paid for the current period (see the Refund Policy);
• our total liability is limited to the amount you paid us in the 12 months before the claim.

Nothing in these terms limits liability that can't be limited by law, or your rights as a consumer under the law of your country.

Suspension and termination

We may suspend or end your license if you seriously or repeatedly breach these terms, if payment fails, or if there is a security or fraud risk. A license also ends when its payment is fully refunded or charged back.

Changes

We may update these terms. We'll change the date above and, for significant changes, give notice on this website before they apply. The terms in force when you renew apply to the new period.

Governing law

These terms are governed by the laws of the State of Wyoming, USA. If you're a consumer, you also keep the protection of the mandatory laws of the country you live in.

Contact

For questions about these terms, contact support.