Terms and Conditions

These terms and conditions outline the rules and regulations for the use of the Fliktrade website, located at https://fliktrade.in.

By accessing this website, we assume you accept these terms and conditions. Do not continue to use https://fliktrade.in if you do not agree to all of the terms and conditions stated on this page.

The following terminology applies to these Terms and Conditions, Privacy Statement, and Disclaimer Notice and all Agreements: “Client”, “You”, and “Your” refers to you, the person logging on this website and compliant with the Company’s terms and conditions. “The Company”, “Ourselves”, “We”, “Our”, and “Us” refers to our Company. “Party”, “Parties”, or “Us” refers to both the Client and ourselves. All terms refer to the offer, acceptance, and consideration of payment necessary to undertake the process of our assistance to the Client in the most appropriate manner for the express purpose of meeting the Client’s needs in respect of the provision of the Company’s stated services, in accordance with and subject to, prevailing law.

Any use of the above terminology or other words in the singular, plural, capitalization, and/or he/she or they, are taken as interchangeable and therefore as referring to the same.

Cookies

We employ the use of cookies. By accessing https://fliktrade.in, you agree to use cookies in agreement with the Fliktrade Privacy Policy. Most interactive websites use cookies to let us retrieve the user’s details for each visit. Cookies are used by our website to enable the functionality of certain areas to make it easier for people visiting our website. Some of our affiliate/advertising partners may also use cookies.

Trading

Fliktrade provides access to various financial markets and instruments, and you are responsible for your trading decisions and actions. You must comply with all applicable laws and regulations and use Fliktrade for lawful purposes only.

Risk Disclosure

Trading involves risks, and you should carefully consider your investment objectives, risk tolerance, and financial situation before using Fliktrade. You should also educate yourself about the risks and benefits of trading and seek professional advice if needed.

Fees and Charges

Fliktrade may charge fees and commissions for its services, which may vary depending on the type of account, financial instrument, and market conditions. You are responsible for paying all applicable fees and charges.

Termination

Fliktrade may terminate or suspend your account at any time for any reason, without prior notice. You may also terminate your account at any time by following the instructions on the website.

Limitation of Liability

Fliktrade is not liable for any direct or indirect damages, including but not limited to loss of capital, data, or use, arising from your use of Fliktrade or its services. Fliktrade also disclaims any warranties, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, and non-infringement.

Terms of Trading

  1. Prohibited Activities: Line trading (Chamki) and scalping are strictly prohibited on our platform. We reserve the right to suspend trades and accounts if such activities are detected.
  2. Bank Details/UPI ID: Our bank details/UPI ID may change. Do not deposit funds using previously provided bank details, as we will not be liable for any erroneous transactions.
  3. Jobbing and Scalping: Profits made within 5 minutes of a trade will be considered jobbing or scalping. The platform reserves the right to remove such profits.
  4. No VPN Usage: Using a VPN (Virtual Private Network) for trading on the platform is not allowed. Trades executed via VPN will be deleted.
  5. Dividend and Bonus: Dividend and bonus calculations will follow the rules and regulations of the relevant stock exchange circulars.
  6. Cross Orders and Same IP Address: Cross orders and trades from the same IP address will be canceled. Trading from the same IP address in multiple accounts is strictly prohibited, and profitable trades may be removed without prior notice.
  7. Negative Balance Protection: The platform offers protection against negative balances, with a specified step-out level of 30%.
  8. Execution of Orders: Stop loss and other orders will be executed based on bid/ask prices, not the last traded price (LTP).
  9. Prohibited Trading Practices: Chamka, lines, and insider trades are not acceptable.
  10. Reporting Glitches: Users must report any glitches or software issues immediately. If a client cannot close their positions due to a software glitch, they should notify the platform, and the positions will be squared off at the current market price (CMP) upon receipt of the message.
  11. Group Trading: Group trading is not allowed on the platform without prior written permission from the platform’s administration.
  12. Payout Delays: Payouts may be delayed due to banking server issues. Clients are advised to be patient in such situations.
  13. Margin and Fund Management: Clients are responsible for maintaining adequate margin/fund levels to avoid partial liquidation or losses.
  14. Account Locking: If a client does not use their account for 7 days, it will be locked for security reasons. To unlock the account, the client should contact customer support.

These terms and conditions outline the rules and expectations for using Fliktrade platform. Please read and understand them before using our services.