Algorithmic Trading Terms & Conditions

Welcome to the algorithmic trading services offered by Flattrade Broking Private Limited ("Flattrade"). By accessing or using Flattrade's algorithmic trading facilities, including APIs and related platforms, you agree to be bound by these Terms & Conditions, along with applicable rules, regulations, circulars, and guidelines issued by the Securities and Exchange Board of India (SEBI) and recognised stock exchanges including NSE, BSE, and MCX.

1. Nature of Service

Flattrade provides technology infrastructure that enables users to create, test, and deploy their own algorithmic trading strategies and execute trades through its systems. Flattrade does not provide any investment advice, recommendation, or endorsement of strategies and acts solely as a facilitator for order execution.

2. User Responsibility

All strategies created, deployed, or executed using Flattrade's algorithmic trading facilities are:

Entirely based on the user's own knowledge, judgment, and risk appetite.
The sole responsibility of the user for all trading decisions, strategy configurations, and outcomes.
Not the responsibility of Flattrade for any resulting profits or losses.

3. Regulatory Compliance

By using algorithmic trading services, the user agrees to:

Comply with all applicable SEBI circulars, exchange guidelines, and API-based trading regulations.
Acknowledge that misuse, non-compliance, or unauthorised activity may result in suspension of access.
Accept that such violations may be reported to the relevant regulatory authorities.

4. Backtesting Disclaimer

Any backtesting or simulation tools provided by Flattrade:

Are intended only for analytical and educational purposes using historical data.
Do not guarantee future results — past performance is not indicative of future performance.
May differ significantly from actual market conditions due to volatility, slippage, liquidity constraints, and execution delays.

5. No Assurance of Returns

Flattrade makes no representation, warranty, or guarantee regarding:

Profits, returns, or capital protection of any kind.
The suitability of any algorithm or strategy for any particular trading objective.

The user expressly understands that all trading activities are subject to market risks, including the potential loss of entire capital.

6. Algo Trading Strategy Submission & Facilitation Charges

By submitting an algorithmic trading strategy for exchange approval through Flattrade, the user acknowledges and agrees that:

A service fee of ₹5,000 + applicable GST will be charged for each submission.
This fee is levied solely towards submission and facilitation services provided by Flattrade.
The fee is non-refundable irrespective of the approval outcome.

7. No Refund Policy

All fees paid towards algorithmic trading services, including subscription or service charges, are non-refundable under any circumstances. Once a payment is made, no cancellation or refund requests will be entertained.

8. Limitation of Liability

To the maximum extent permitted by law, Flattrade shall not be liable for any direct or indirect losses arising from the use of its algorithmic trading services, including but not limited to:

Financial loss or loss of trading opportunity.
Market volatility or sudden adverse price movements.
Technical failures, system downtime, or latency issues.
Data loss or corruption.
Any other market-related or operational risks.