Terms of Service
Last updated: September 2026
1. Acceptance of Terms
By accessing and using the Formula Joel platform ("Platform"), you agree to these Terms of Service. If you do not agree with any of these terms, please do not use the Platform.
2. Service Description
Formula Joel is an educational platform that offers investment simulation tools based on Joel Greenblatt's Magic Formula strategy. The service includes an investment simulator, educational content, stock rankings, and learning materials.
3. Financial Disclaimer
The Platform is for educational and informational purposes only. It does NOT constitute investment advice, financial consulting, securities analysis, or any kind of offer. Past performance is not a guarantee of future results. All investment decisions are the sole responsibility of the user. We recommend consulting a qualified financial professional before making investment decisions.
4. Free of Charge
The Platform is entirely free. There are no paid plans, charges, subscriptions or advertising. The simulator and the rankings are open to any visitor, with no sign-up required. We carry no affiliate links and receive no commission for recommending products.
5. No Accounts
There is no sign-up, login or user area on the Platform. There is therefore no account to close: simply stop using the site. Nothing you do here — including simulations — is kept after you close the page.
6. Data Usage
Market data presented on the Platform is obtained from public sources and may be delayed. We do not guarantee the accuracy, completeness, or timeliness of the data. Consult official sources before making investment decisions.
7. User Conduct
You agree not to use the Platform for illegal purposes, not to attempt to access restricted areas of the system, not to copy or redistribute content without authorization, and not to use automated tools for data extraction.
8. Changes to These Terms
We may modify these Terms at any time, and material changes will be shown on this page along with the update date. Since we keep no accounts, we have no way to notify you by email — we recommend re-reading this page from time to time. Continued use after changes constitutes acceptance of the new terms.
9. Contact
For questions about these Terms, see the About page on the site.