Sharewealth Securities
Privacy Policy Terms & Conditions
Effective Date: 1 January 2025

Terms & Conditions

Sharewealth Securities Limited  ·  SEBI Registered Stockbroker & Research Analyst  ·  NSE & BSE Member

Important Risk Disclosure: Investments in securities markets are subject to market risks. Please read all scheme-related documents carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Past performance is not indicative of future results. Derivatives trading involves significant risk of loss and is not suitable for all investors.

1. Acceptance of Terms

These Terms and Conditions ("Terms") govern your use of the Sharewealth Securities Limited ("Sharewealth", "we", "us", "our") mobile application, website (collectively, the "Platform"), and all associated trading, investment, and research services. By accessing or using the Platform, creating an account, or executing any transaction, you confirm that you have read, understood, and agree to be bound by these Terms and our Privacy Policy.

If you do not agree to these Terms, you must immediately discontinue use of the Platform. These Terms constitute a legally binding agreement under the Indian Contract Act 1872.

2. Regulatory Information & Compliance

Sharewealth Securities Limited operates under the following registrations and memberships:

  • SEBI-Registered Stockbroker under SEBI (Stock Brokers) Regulations 1992.
  • SEBI-Registered Research Analyst under SEBI (Research Analysts) Regulations 2014.
  • Member of National Stock Exchange of India (NSE).
  • Member of BSE Limited (BSE).
  • Depository Participant registered with CDSL (DP ID: 12047600, Reg. IN-DP-CDSL-379-2006).

All services are subject to the rules, regulations, bye-laws, and circulars issued by SEBI, NSE, BSE, NSDL, CDSL, RBI, and other statutory authorities from time to time.

3. Eligibility

To use our services, you must:

  • Be a resident of India and at least 18 years of age.
  • Possess a valid PAN card issued by the Income Tax Department of India.
  • Successfully complete our KYC process as mandated by SEBI and PMLA 2002.
  • Not be debarred, suspended, or disqualified from participating in Indian securities markets by SEBI or any other regulatory authority.
  • Have a valid bank account in India for fund transfers.

We reserve the right to refuse services to any person who does not meet these eligibility criteria or who provides false information.

4. Account Opening & KYC

Account opening is subject to successful completion of the KYC process as required by SEBI, PMLA 2002, and applicable KYC Registration Agency (KRA) norms. You agree to:

  • Provide accurate, complete, and up-to-date information during account opening and at all times thereafter.
  • Immediately notify us of any changes to your personal, financial, or KYC information.
  • Submit to enhanced due diligence if classified as a Politically Exposed Person (PEP) or if our risk systems require additional verification.
  • Allow periodic KYC re-verification as required by SEBI circulars.

We reserve the right to suspend or close accounts where KYC compliance cannot be established or maintained.

5. Trading Services

5.1 Order Execution

All orders are executed on a best-effort basis in accordance with SEBI's Order Execution Policy. We act as an intermediary and do not guarantee order execution at any particular price. Orders are subject to exchange rules, circuit breakers, and market conditions.

5.2 Margin & Leverage

Margin requirements are governed by SEBI and exchange regulations. You must maintain adequate margin at all times. We have the right to square off your positions without prior notice if your margin falls below the required levels. You are responsible for all losses arising from margin shortfalls.

5.3 Derivatives & F&O

Futures and Options trading is available only to clients who have completed the required risk profiling and signed the Derivative Risk Disclosure Document. F&O positions can result in losses exceeding your initial investment.

5.4 Settlement

Trade settlements are governed by exchange and depository rules. Funds and securities will be credited/debited to your linked bank account and demat account respectively in accordance with exchange settlement cycles.

6. Brokerage & Charges

Our fee structure is as follows:

  • Account Opening: ₹0 (free).
  • Demat AMC: ₹0 for the first year.
  • Brokerage: ₹20 flat per executed order across all segments (Equity Delivery, Equity Intraday, F&O, Commodities).
  • Mutual Fund Commissions: ₹0 (direct plans only).
  • Statutory Charges: STT, exchange transaction charges, SEBI turnover fees, GST, stamp duty, and DP charges as applicable by law — these are charged at actuals and are beyond our control.

Charges are subject to change with prior notice. All applicable taxes will be deducted as required by law. Contract notes detailing all charges will be issued by the end of each trading day.

7. Research & Investment Recommendations

Research Disclaimer: All research reports and recommendations published on the Platform are issued by our SEBI-registered Research Analyst. These are for informational purposes only and do not constitute investment advice tailored to any individual's financial situation. Past performance of any recommendation is not a guarantee of future results. Investors must conduct their own due diligence before acting on any recommendation.

Research subscriptions are governed by SEBI (Research Analysts) Regulations 2014. We may hold positions in securities covered in our research reports, and such conflicts of interest are disclosed in accordance with SEBI requirements. Subscription fees are non-refundable once the service period has commenced.

8. Prohibited Activities

You agree not to use the Platform for:

  • Insider trading, front-running, or any activity that violates SEBI (Prohibition of Insider Trading) Regulations 2015.
  • Market manipulation, circular trading, or creation of artificial volumes.
  • Money laundering or any activity prohibited under PMLA 2002 or FEMA.
  • Algorithmic or high-frequency trading without prior written approval from us and the exchange.
  • Sharing your account credentials with third parties.
  • Accessing the Platform through automated scripts, bots, or screen-scrapers not authorised by us.
  • Any activity that violates applicable Indian law or exchange regulations.

Violation of these prohibitions may result in immediate account suspension, reporting to regulatory authorities, and legal action.

9. Platform Availability & Risks

The Platform is provided on an "as-is" and "as-available" basis. We do not guarantee uninterrupted access. The Platform may be unavailable due to:

  • Scheduled or emergency maintenance.
  • Exchange technical issues or circuit breakers.
  • Internet connectivity failures beyond our control.
  • Force majeure events including natural disasters, government orders, or regulatory restrictions.

You are solely responsible for ensuring you have alternative means of placing orders (such as calling our dealing desk) during Platform outages. We shall not be liable for losses arising from Platform unavailability.

10. Limitation of Liability

To the maximum extent permitted by applicable law:

  • Sharewealth shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of the Platform or any investment decisions made based on information available on the Platform.
  • Our total aggregate liability for any claim shall not exceed the brokerage fees paid by you to us in the three months preceding the event giving rise to the claim.
  • We are not liable for losses arising from market conditions, force majeure events, or regulatory actions beyond our control.

Nothing in these Terms limits liability for fraud, wilful misconduct, or as otherwise prohibited by applicable Indian law.

11. Intellectual Property

All content on the Platform — including but not limited to research reports, software, graphics, logos, and data — is the proprietary property of Sharewealth Securities Limited or its licensors and is protected by Indian and international copyright, trademark, and other intellectual property laws. You may not reproduce, distribute, modify, or create derivative works from any Platform content without our express written permission.

12. Grievance Redressal

We are committed to resolving complaints promptly in accordance with SEBI's Investor Charter and Grievance Redressal Framework:

Grievance Officer
Sharewealth Securities Limited, Thrissur, Kerala
Email: grievance@sharewealthindia.com
Response time: Within 30 days

If unresolved, you may escalate to:
SEBI SCORES: scores.gov.in
NSE Investor Cell: investorhelpline.nseindia.com
ODR Portal: smartodr.in

13. Governing Law & Jurisdiction

These Terms are governed by and construed in accordance with the laws of India. Any dispute arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of Thrissur, Kerala, India, without prejudice to any right to seek interim relief in any other competent court.

Disputes may also be resolved through arbitration under the relevant exchange arbitration mechanism as provided under SEBI regulations.

14. Amendments

We may modify these Terms at any time. Material changes will be notified via in-app notification or email at least 30 days before the effective date. Your continued use of the Platform after the effective date constitutes your acceptance of the revised Terms. If you do not agree with the changes, you must discontinue use and request account closure.

15. Termination

Either party may terminate the client–broker relationship by providing written notice. Upon termination:

  • All open positions must be squared off or transferred.
  • Outstanding dues must be settled before account closure.
  • We will return any credit balance in your account within the regulatory timelines.
  • Certain obligations (including data retention) survive termination as required by law.

We may terminate accounts immediately without notice for violation of these Terms, regulatory requirements, or fraudulent activity.

16. Contact Us

Sharewealth Securities Limited
20/232, Adiyat Lane, M G Road, West Fort, Poothole P.O,
Thrissur, Kerala – 680004
Phone: 0487 2436526
Email: helpdesk@sharewealthindia.com
Grievance: grievance@sharewealthindia.com
SEBI Reg. No. INZ000176636  ·  CDSL DP: IN-DP-CDSL-379-2006  ·  DP ID: 12047600
© 2025 Sharewealth Securities Limited. All Rights Reserved.  |  SEBI Reg. Stockbroker & Research Analyst  |  NSE & BSE Member  |  Thrissur, Kerala
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