Straight answers.

No. TellHawk shows data and tests ideas on history. It doesn't know your situation and doesn't tell anyone what to buy or sell. Past results, including ones that pass every test, don't guarantee future returns.

Not from the TellHawk research terminal: it doesn't place orders or connect to your brokerage account. TellHawk Trader is a separate, lighter product for charting, a watchlist, a trade journal, and risk-managed paper and live order placement at your brokerage, currently in a closed, invite-only beta.

Yes, for alerts and your monthly trading report, as free device notifications (web push) that stay off until you turn them on from the Plan screen in the Terminal or from the Bot settings in Trader. They go to the browser or phone you subscribe, up to five devices. Chart alerts are checked after the daily close, not intraday, so a notification can arrive hours after the close. Opt-in signal alerts can say when three or more insiders report open-market purchases of a watchlist ticker inside a 14-day window, or when a new 13F quarter is in; the text states what was filed and is never advice. On iPhone and iPad, add TellHawk to the Home Screen first.

ProofRunner is a separate, invitation-only research and automation tool for funded-challenge traders. It is a guided workflow: a rule library for FX and futures firms (editable, with last-checked dates), a free Challenge Simulator that replays a strategy against a challenge's rules on real history, and a failure autopsy. Pro features add a live guardian, a journal and consistency report, statement import and alerts. It does not predict whether you would pass a real challenge, and it promises no result. Orders go to demo accounts only; One FX/CFD platform connector is rolling out and another is coming. You stay responsible for your own trading and for your firm's rules, and ProofRunner is not affiliated with or endorsed by any prop firm or broker. To ask for an invite, apply for the betawrite to us and mention ProofRunner. See the ProofRunner page.

A proprietary trading firm that sells evaluations. You pay a fee, trade a simulated account under rules such as a profit target, a daily loss limit and a maximum drawdown, and may be offered a funded account with a payout split if you pass. Breaking a rule closes the account. Passing is not guaranteed, terms differ between firms and change, and none of this is advice, so read the firm's own rules. See How prop firms work, and where ProofRunner fits.

No. ProofRunner is not a trading platform or a broker. It is a safety and tracking layer around the platform your firm gives you, and orders sent from it are demo-only.

It depends on the platform. One FX/CFD platform connector is rolling out, waiting on the vendor's approval. Two more FX/CFD platform connectors are coming: they are built but not yet offered to customers. For futures platforms you can import statements today. There is no live connection to futures platforms yet.

It varies by firm, and some restrict third-party tools or automation on funded accounts. Check your firm's rules, or ask them, before connecting anything. ProofRunner is not affiliated with or endorsed by any prop firm.

It shows the evidence for every strategy, strong or weak, so you decide with the full picture. Finding out an idea doesn't hold up in a test costs nothing; finding out with real money does.

Mostly official public records: SEC filings, short-interest reports, CFTC, the Federal Reserve, US statistical agencies, other government publishers, and third-party market data. Screens name their sources and the date the data describes.

Two kinds of source. The first is official public records: SEC EDGAR filings (Form 4, 13F, 8-K, XBRL company facts), CFTC positioning, the Federal Reserve and FRED, BLS, the Treasury and other government publishers. The second is third-party market data for prices, bars, volatility and FX, which comes with terms that limit how it can be redistributed. Because of that, the sections built only from official filings and government releases are the ones on the Pro plan, while sections that mix in third-party prices are free, and price-derived columns are left out of exports.

The Data Atlas lists the source, licence tier and update frequency of each figure, and every screen shows the date the data describes. Prices come from daily bars, not a live quote feed, and they are not guaranteed to be real-time or error-free, so check anything important with your broker. TellHawk shows views derived from the data; it does not resell the raw feeds.

No. There is no free licensed feed for call transcripts or analyst consensus, and we do not scrape or reproduce them. The Call Library works from the company's own earnings filings (SEC 8-Ks) and from notes you paste in yourself, and the Expectations Board compares reported results with estimates that you enter, with the date you made them. Neither screen shows a consensus number or a price target, and neither invents one.

They are Terminal tools for organising portfolios and preparing reports, for yourself or for others: Client Books for holdings you type in or import from your own CSV, Blueprints for model portfolios with a backtest, drift and a rebalance worksheet, and Briefing Packs for printable reports. They are educational, not advice, nothing connects to a broker or places an order, and the performance shown is a look-back of today's holdings, not an account's real return. Until a licensed price source is connected, a printed Briefing Pack shows only the figures you entered (holdings, quantities, cost, weights, allocation and fee rate) and says plainly that prices, performance and risk are not included; the same analysis stays on screen. The Free plan covers the whole workflow with caps (3 books, 2 blueprints, 2 households and 25 holdings a book); Pro lifts the caps. Your entries are private to your account. See the Terminal page and Pricing.

The Academy is TellHawk's learning programme: lessons, practice quizzes, hands-on labs, timed exams and certificates for the Terminal, Trader and ProofRunner, plus shared theory. The Free plan opens a small taster so you can see how it works. Any paid plan (Terminal Pro, Trader Pro or ProofRunner Pro) opens everything else. It is education only, not investment advice, and it says nothing about how any strategy will perform. Lessons load as you open them, and the lesson, quiz, lab and exam screens are the same inside all three apps. See the Academy page for the contents.

Yes. Next to a lesson or practice question you can rate it, report a problem and ask the TellHawk team a question; on the Free plan these follow the Free taster. Pro adds comments and requests for an expert review. Comments are plain text under a display name you choose and are moderated, and your email address is never shown. Help is not available while you are taking an exam, and we do not promise a response time. An expert review is educational feedback on the material, not investment advice. See the Academy page.

A passed level issues a certificate with its own credential ID, and the certificate itself is a real TellHawk record. Anyone you give the ID to can check it at tellhawk.com/verify, which shows the name as printed, the title, the programme and level, the issue date and whether it is valid, expired or revoked. It never shows an email address, exam scores or anything about an account. It is an educational certificate issued by TellHawk: not a professional licence, not a regulated qualification and not an indication of how someone trades. Certificates you have already earned keep verifying even if your plan changes.

Start Free goes straight into TellHawk Terminal, no application or approval step. Start Pro takes you to checkout first; once Stripe confirms payment you're signed in as Pro.

We're opening access in small groups. Apply from the home page with a few details about how you invest and research. We read every application.

Everything is free during the beta. See Pricing for what stays free afterward and what Pro adds.

The short version is below; the full story is on our About page.

Serious research usually means twenty browser tabs: SEC filings in one place, insider trades in another, economic releases on a dozen government sites, and a backtest someone posted online with no costs and no way to check it. TellHawk gathers official records every night, checks a sample of them against the original sources, and lays them out with the date and source on every figure. The Strategy Lab exists for the same reason: before you trust an idea with money, you should know whether it holds up once trading costs, hindsight and luck are counted.

What it's for: researching a company before you buy or sell; following insiders, funds and short sellers through their filings; reading the economy from official releases; testing a strategy on history before risking real money; keeping an eye on what you care about with your own rules.

What it isn't: not advice (it doesn't know your situation or tell you what to do); not a prediction machine (history is tested, the future isn't promised); not a tip service (no hot picks, only evidence you can check); and not a place that holds your money. The research terminal places no orders, and TellHawk Trader sends orders only to your own brokerage after a risk check.

How we work: sources on everything (every screen says where its numbers come from and what date they describe); tested, not assumed (strategies are judged after costs, on data they weren't built on); checked every night; and plain language (every tool has a guide that explains what the numbers mean and where they fall short).

Individual investors who want to check a stock properly before buying it, and find out whether a strategy they read about online actually works. Equity and research analysts who want filings, ownership, insider activity and news reactions in one place, with sources they can cite and exports they can use. Small funds and advisers who want a testing discipline they can show a client: what was tested, how, and what failed.

Every idea in the Strategy Lab has to survive six stages, which hold nine individual tests. (1) No hindsight: every decision sees only what was known that day, with filings counted from their filing date. (2) Costs: every trade is priced net of fees and slippage, then re-priced at three times the cost to see whether the edge was just cheap fills. (3) Unseen years: the latest years are held back and the rule has to beat the market there, not only where it was tuned. (4) Luck: a statistical test, and a check that a few lucky periods aren't carrying the whole result. (5) Tries: the result is discounted for every version you tried, so the best of a big pile doesn't pass by accident. (6) Forward: promising picks are frozen on a date and compared with the market as real days arrive.

A rule reaches "passed the tests" only if it clears all of them, and "holding up" only after its picks beat the market on new data. A usual backtest, by contrast, uses today's list of companies, ignores costs, tunes the rule on the same years it reports and shows the best of many tries as if it were the only one. Backtests still replay history after estimated costs; they are not a forecast. See the Strategy Lab page for detail, including a few real walk-forward runs.

TellHawk loads official data overnight, after the US close, and then checks a random sample of what it shows against the original publishers: over 680 automated checks against source documents every night. The pass rate is published in the terminal every day, failures included, and the home page shows the latest run when it is available. Sources include SEC EDGAR (Form 4 insider filings, 13F holdings, 8-K events, XBRL fundamentals), short-interest reports, CFTC positioning, the Federal Reserve, FRED and BLS, alongside third-party market data. The Terminal's 8-K record goes back to 2004. See the status page for system health.

See Contact and Status.