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Legal & Disclosures

Important Disclosures

Not investment advice

Nothing on Ezana constitutes personalized investment, legal, or tax advice. Features like Company Research summaries, For the Quants analytics, Top Performing Politicians rankings, and prediction-market overlays are informational. Always do your own research and consider consulting a licensed advisor before investing.

Paper trading

Paper portfolios exist only inside Ezana. They fill at the previous close, ignore slippage and commissions, and do not reflect real-world trading frictions. Paper performance is not indicative of real returns.

Data sources and timeliness

Market quotes shown in the app are typically delayed 15 minutes. Congressional trading data is sourced from public STOCK Act filings (via FMP). Filings can appear weeks or months after the trade occurred. Empire Rankings data is sourced primarily from the World Bank; dimensions are filled in over time as sources are added.

Brokerage relationships

Live trading on Ezana is executed by Alpaca Securities LLC, a FINRA-registered broker-dealer and SIPC member. Ezana Finance is not a broker-dealer. Account aggregation for read-only brokerage connections is provided by Plaid Inc.

Ezana Echo articles

Articles published on Ezana Echo represent the views of their authors, not of Ezana. Authors who hold positions in securities they write about are required to disclose that in the article.

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