Midasbuy Terms Scorecard

Grade B+ — Fair terms (score 80/100)

Midasbuy forces binding arbitration and limits liability, though it provides specific protections for EU/UK users.

Forced arbitration, liability caps, and broad termination rights.

Terms at a glance

Sells your data
UNCLEAR
Forced arbitration
LIKELY
Trains AI on your content
UNCLEAR
Collects biometric data
UNCLEAR
Shares data with government
YES
Easy to cancel
YES
Tells you before changes
NO
Deletes data on request
UNCLEAR

What the terms actually say

Clause 21 — Governing Law and Dispute Resolution

Any dispute... shall be referred to and finally resolved by arbitration administered by the Hong Kong International Arbitration Centre.

You cannot sue the company in court; you must use private arbitration in Hong Kong.

Clause 17.19 — Our Liability

our total aggregate liability... shall be limited to the greater of the following amounts: (a) the amount that you have paid... in the 6 months... and (b) USD100.

The company limits its financial responsibility to you to a maximum of $100.

Clause 7 — Our Rights and Obligations

We retain the right, in our sole discretion, to suspend or terminate the Services... for any reason, in our sole and absolute discretion without being obliged to provide you with any reason or notification.

The company can terminate your account at any time without notice or cause.

Clause 19 — Amendments to these Terms

We may make changes to these Terms at any time... If you continue using the Services after any amendment... you shall be deemed to have read, understood and agreed to such amendment.

The company can change the terms without notifying you, and your continued use constitutes acceptance.

Clause 7 — Our Rights and Obligations

You acknowledge and agree that we are entitled to offer cooperation and provide information... to any administrative or judicial authority in any jurisdiction.

The company will share your data with government authorities at their discretion.

EU/UK Terms - Clause 2

You can stop using the Services and cancel your contract with us at any time by contacting us at [email protected].

You have a clear right to cancel your contract by contacting support.

Last reviewed 2026-08-21 under rubric v3.5.

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