Terms of Service & Regulatory Disclosures
Last updated: October 2026 · Effective immediately for all users and API integrations.
Autotrade is strictly a self-directed technology automation and algorithmic execution tool. Autotrade is NOT a registered Stock Broker, Investment Adviser (RIA), Research Analyst (RA), or Portfolio Manager (PMS) under the Securities and Exchange Board of India (SEBI). Nothing on this platform constitutes financial advice, trading recommendations, or an offer to buy or sell securities.
As per SEBI study dated January 25, 2023 on "Analysis of Profit and Loss of Individual Traders dealing in equity Derivatives Segment":
- 9 out of 10 individual traders in equity Futures & Options segment incurred net losses.
- On average, loss makers registered an average net trading loss close to ₹50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits also incurred between 15% to 50% of such profits as transaction costs.
1. Nature of the Software (Non-Advisory Tool)
Autotrade provides algorithmic workflow tools, order routing adapters, and historical Smart Money Concept (SMC) backtesting infrastructure for personal use.
- No Advisory: We do not provide discretionary portfolio management, personalized trade recommendations, tips, or wealth management.
- Self-Directed Execution: All trading strategies, parameter adjustments, risk limits, target multipliers, and execution modes are entirely set, monitored, and initiated by the user.
- No Guaranteed Returns: Algorithmic models, backtests, historical statistics, and paper trading demonstrations are simulated and hypothetical. Past performance does not guarantee future results.
2. Broker Connectivity & API Trading Compliance
Autotrade integrates with licensed Indian stock brokers (including FYERS, Zerodha Kite, Kotak Neo, and Groww) via client-provided API credentials.
- User Sole Responsibility: You are solely responsible for obtaining and maintaining valid API keys, secret credentials, and 2FA/TOTP authentication directly from your broker.
- Daily Token Expiration: In accordance with SEBI cybersecurity guidelines, Indian broker session tokens automatically expire daily. You agree to authenticate and renew your session each trading morning.
- Exchange Freeze Limits: You acknowledge that exchanges (NSE/BSE) enforce quantity freeze limits per order (e.g. 1,800 qty for NIFTY, 900 qty for BANKNIFTY). Orders exceeding limits may be rejected by the exchange.
- Broker API Latency & Outages: Autotrade is not liable for broker server outages, order execution delays, exchange downtime, margin shortfalls, or third-party network disconnections.
3. Autonomous Trading & Emergency Controls
When enabling "Auto-Bot" or automatic execution triggers, you acknowledge that orders will be routed to your selected broker based on algorithmic rules configured by you.
- You retain the continuous duty to supervise your account during active market hours (09:15 AM to 03:30 PM IST).
- An Emergency Kill Switch is provided in the dashboard to immediately square off all open positions and halt automated bot execution in unpredictable market conditions.
- You agree to configure conservative daily loss limits and maximum daily trade caps in your Risk Settings before engaging live broker execution.
4. Limitation of Liability
To the maximum extent permitted by applicable Indian laws, Autotrade, its creators, developers, and operators shall not be liable for any direct, indirect, incidental, punitive, or consequential financial losses, lost profits, slippage, or trading damages arising from the use of or inability to use this software.
5. Governing Law & Jurisdiction
These Terms of Service and any dispute arising out of or related to your use of this software shall be governed by and construed in accordance with the laws of the Republic of India, and subject to the exclusive jurisdiction of the competent courts of India.