🚨 Mandatory Risk Disclosure by SEBI on Derivatives (Futures & Options)
As per a study conducted by the Securities and Exchange Board of India (SEBI) on individual traders participating in the Equity Derivatives (Futures and Options - F&O) segment:
89% (9 in 10)
Individual traders incurred net losses
₹50,000
Average net loss per loss maker
+28% Extra
Transaction costs over trading loss
Derivatives trading involves high financial leverage and substantial risk of complete capital loss. Users must thoroughly evaluate their financial standing, risk appetite, and trading expertise before deploying automated strategies in derivative instruments.
1. Strictly a Software & Technology Platform — Not an Investment Adviser
SmartAlgo Signal, developed and distributed by Sidshlok Venture, is strictly an automated quantitative trading technology and order-routing software utility. Sidshlok Venture:
- Is NOT registered as an Investment Adviser (RIA) under the SEBI (Investment Advisers) Regulations, 2013.
- Is NOT registered as a Research Analyst (RA) under the SEBI (Research Analysts) Regulations, 2014.
- Is NOT a Stockbroker, Sub-broker, Depository Participant, Portfolio Manager (PMS), or Asset Management Company (AMC).
No content published on this website, algorithmic models, Telegram notifications, backtesting charts, or software documentation constitutes personal investment advice, financial planning, recommendation to buy or sell securities, or endorsement of any trading strategy.
2. 100% Zero Fund Custody & Anti-Pooling Policy (No Fund Management)
CRITICAL STATUTORY SAFEGUARD — ZERO FUND HANDLING: Sidshlok Venture and SmartAlgo Signal do NOT collect, solicit, accept, hold, pool, or manage client funds or trading capital in any form or manner. We never request users to transfer trading money into any company or personal bank accounts.
In strict alignment with SEBI rules prohibiting unauthorized fund collection and collective investment schemes:
- 100% Client Broker Custody: All your capital, margin, stock holdings, and fund balances remain 100% within your personal, self-directed trading and demat account with your SEBI-registered stockbroker (e.g. Angel One, Zerodha, Upstox, Dhan, Fyers, Alice Blue).
- Zero Withdrawal / Transfer Rights: SmartAlgo connects strictly via your broker's authorized API keys (OAuth 2.0). These API permissions grant order placement and modification access only; they strictly prohibit fund transfers, withdrawals, or account changes.
- No Portfolio Management / Profit Sharing: Sidshlok Venture does not offer Portfolio Management Services (PMS), pool capital, manage accounts on behalf of users, or enter into profit-sharing arrangements.
3. Absolute Zero Guarantee of Returns or Profitability
NO PROFIT ASSURANCES: Sidshlok Venture and SmartAlgo Signal do NOT guarantee, assure, or promise any specific percentage returns, profits, or capital protection under any circumstance. Any claims of "guaranteed returns" from third parties claiming affiliation with SmartAlgo Signal are fraudulent and unauthorized.
Algorithmic and quantitative trading models are susceptible to changing market regimes, sharp drawdowns, whipsaws, low liquidity phases, and unexpected black swan events. You trade entirely at your own risk.
4. Trading Indicators, Technical Setups & Mathematical Formulas
All proprietary indicators, charts, mathematical levels, support-and-resistance zones, and automated execution conditions provided or visualized on SmartAlgo Signal are algorithmic equations computed from historical price-volume data. You acknowledge and agree that:
- No Indicator is Infallible: In financial markets, technical indicators and quantitative models cannot forecast future price movements with absolute certainty. False breakouts, whipsaws, and sudden market reversals can and will occur.
- Educational & Research Utility: Indicators and quantitative analytics are provided strictly as technical aids and educational research tools for self-directed traders.
- Inadmissibility of Indicator Complaints: Users voluntarily choose to deploy algorithmic strategies and indicators. Sidshlok Venture shall not entertain any claims, complaints, or compensation requests arising from indicator signals, false triggers, or market drawdowns. The user assumes 100% financial and legal responsibility for every order placed.
5. Hypothetical & Backtested Performance Disclaimer
Any historical performance figures, backtested win rates, risk-reward ratios, or simulated profit-and-loss (P&L) metrics displayed on this site or marketing channels are inherently hypothetical. Hypothetical results have known limitations:
- Simulations are prepared with the benefit of hindsight and do not reflect real-world financial risk, emotional pressures, or liquidity constraints.
- Backtesting does not fully account for exchange transaction charges, STT (Securities Transaction Tax), GST, SEBI turnover fees, stamp duty, or brokerage commissions.
- Past performance is never an indicator or guarantee of future returns. Live market behavior may diverge significantly from historical backtested conditions.
6. Electronic Execution, Network Latency & Slippage Risks
Automated execution relies on high-speed internet communication, broker API gateways, and exchange matching systems. You acknowledge the following technical risks:
- Execution Slippage: Market orders placed during news events, opening volatility (09:15–09:30 AM), or expiry days may execute at prices substantially different from the trigger price.
- Broker API Rate Limits: Stockbrokers enforce strict throttle limits on API order modifications and status queries. Excessive request rates may result in temporary order rejection.
- Network Latency: While dedicated AWS EC2 Mumbai nodes minimize transit times, internet routing bottlenecks outside our control can introduce execution delays.
- System Outages: Sidshlok Venture shall not be liable for losses caused by broker gateway timeouts, exchange trading halts, broker login session expiries, or cloud host disruptions.
7. Telegram Channel (`@pre_vip_signals`) Educational Safe Harbor
All broadcasts, screenshots, and telemetry shared on our Telegram channel (@pre_vip_signals) are generated purely by automated mathematical conditions for technological demonstration, academic research, and educational market study:
- No Buy/Sell Recommendations: Telegram telemetry messages do NOT represent investment advice, stock recommendations, buy/sell calls, or tipster services.
- Independent Evaluation: Subscribers must conduct their own independent technical and financial evaluation before initiating any trade based on broadcasted telemetry.
- Total Liability Shield: Sidshlok Venture and its community administrators accept zero legal or financial liability for any financial loss, missed opportunity, or adverse execution incurred by following or tracking any Telegram notification.
8. Multi-Broker API Interoperability & Self-Directed Client Architecture
SmartAlgo Signal is developed by Sidshlok Venture strictly as an independent third-party trading technology platform. The mention of SEBI-registered stockbrokers (including but not limited to Angel One, Zerodha, Upstox, Dhan, Fyers, Alice Blue) is strictly to describe technical software compatibility via standard retail brokerage APIs (OAuth 2.0). Sidshlok Venture is not a broker, sub-broker, or Authorized Person (AP) of any brokerage, nor does any stockbroker or stock exchange endorse, sponsor, or guarantee SmartAlgo software.
Alignment with SEBI Retail Algorithmic Framework (Feb 2025 Circular): In strict compliance with SEBI Circular SEBI/HO/MRD/MRD-PoD-2/P/CIR/2025/15 (dated February 04, 2025) on 'Safer Participation of Retail Investors in Algorithmic Trading':
- SmartAlgo operates strictly as a self-directed, client-side automated execution bridge. Orders originate from the user's private AWS node and route through personal broker credentials, subject to the stockbroker's mandatory pre-trade Risk Management System (RMS) limits.
- Sidshlok Venture does not operate broker-hosted algo infrastructure, does not offer assured return trading schemes, and does not hold or manage retail investor funds.
9. Client Sole Discretion & Risk Management Duty
You agree that you are solely responsible for:
- Configuring your risk parameters, lot sizes, maximum loss limits, and target stops.
- Maintaining adequate free cash margin in your trading account.
- Supervising your algorithmic terminal throughout active trading sessions.
- Executing manual intervention or square-offs directly on your broker portal if anomalous execution is observed.
PART 2 • SOFTWARE TERMS OF SERVICE
Master Software Terms & Conditions of Service
The following 12 clauses constitute a legally binding agreement between you ("User" or "Client") and Sidshlok Venture regarding the licensing, cloud provisioning, and utilization of the SmartAlgo Signal automated trading platform.
IMPORTANT NOTICE: Please review these Terms and Conditions thoroughly before accessing or configuring the SmartAlgo Signal platform, its algorithmic execution engines, or dedicated cloud instances. By accessing our services, you expressly acknowledge and agree to be legally bound by this agreement.
Clause 1. Nature of the Software Platform & Scope of Services
SmartAlgo Signal, conceptualized and developed by Sidshlok Venture, is strictly an algorithmic trading automation and order execution routing software technology. The platform enables users to connect their personal, self-managed trading accounts held with SEBI-registered stockbrokers via authorized Application Programming Interfaces (APIs) and automate their rule-based trading strategies.
Sidshlok Venture is solely a technology and software development provider. SmartAlgo Signal is NOT a stockbroker, portfolio manager, wealth manager, or SEBI-registered Investment Adviser (RIA) or Research Analyst (RA). Nothing on this platform shall be construed as personal investment advice, financial planning, recommendation, or portfolio management.
Clause 2. Eligibility & User Account Security
To access and deploy SmartAlgo Signal, you represent and warrant that:
- You are at least 18 years of age and legally competent to enter into binding contractual commitments under the Indian Contract Act, 1872.
- You possess a valid PAN, Demat, and Active Trading Account with a SEBI-registered stockbroker operating in India.
- You are solely responsible for maintaining the confidentiality of your credentials, Master Passwords, TOTP security tokens, and Broker API keys. Any trades, orders, or modifications initiated via your configured credentials shall be deemed solely initiated by you.
Clause 3. 100% Zero Fund Custody & Capital Autonomy Policy
NON-CUSTODIAL PLATFORM: Sidshlok Venture strictly adheres to SEBI regulations prohibiting fund pooling or capital handling by unregistered entities. Under NO circumstances do we accept, hold, or manage client funds.
In using the SmartAlgo Signal platform, you acknowledge and agree that:
- No Fund Collection or Pooling: Sidshlok Venture does NOT collect, solicit, accept, hold, pool, or manage user funds. All trading capital, margins, and securities remain 100% inside your personal trading account at your SEBI-registered stockbroker.
- No Bank Transfers for Trading: We never request users to transfer trading money into any company or personal bank accounts. Any such solicitation by third parties is fraudulent.
- Execution Permissions Only: API keys provided by you allow strictly algorithmic order placement and modification. API tokens do NOT grant fund withdrawal, debit, or transfer capabilities.
- No Portfolio Management: Sidshlok Venture does not provide Portfolio Management Services (PMS), collective investment schemes, or profit-sharing investment contracts.
Clause 4. Broker API Integration & Client Responsibility
SmartAlgo Signal connects directly to third-party brokerage APIs (e.g., Zerodha Kite Connect, Angel One SmartAPI, Alice Blue, Upstox, Dhan, Fyers, Finvasia). You acknowledge and agree that:
- You are executing orders directly on your own trading terminal using your own capital, risk tolerance, and account limits.
- Client-Side Execution Tool: You acknowledge that SmartAlgo is a self-directed client-side execution utility operating through your personal broker retail API credentials, and does not represent a broker-hosted or exchange-empanelled algorithmic facility.
- Sidshlok Venture does not hold, manage, custody, or access your trading funds, margin, or securities at any time.
- You are solely responsible for verifying that your daily broker API session is active, your TOTP is authenticated, and adequate trading margin is maintained in your account prior to market open (09:15 AM IST).
- You maintain the obligation to monitor open algorithmic positions, margin calls, and execution notifications throughout market hours.
Clause 5. Trading Indicators, Technical Analytics & Telegram Channel Shield
All quantitative indicators, strategy triggers, support-and-resistance levels, and Telegram notifications (including @pre_vip_signals) are automated mathematical computations based on historical price-volume data. You explicitly agree that:
- Educational & Analytics Utility: Indicators and Telegram telemetry are strictly for educational research, algorithmic simulation, and self-directed market study. They do NOT constitute buy/sell recommendations, stock tips, or investment advice.
- No Assumption of Liability: Financial markets involve inherent volatility. Indicators cannot guarantee future market behavior. Sidshlok Venture accepts zero legal or financial liability for losses resulting from indicator signals, false breakouts, or market whipsaws.
- Waiver of Claims & Complaints: You voluntarily assume all trading risks and irrevocably waive any right to file claims, police complaints, regulatory notices, or chargebacks against Sidshlok Venture or its directors concerning trading losses, drawdown, or indicator performance.
Clause 6. SEBI Regulatory Compliance & Retail Algorithmic Framework
In accordance with regulations established by the Securities and Exchange Board of India (SEBI), including SEBI Circular SEBI/HO/MRD/MRD-PoD-2/P/CIR/2025/15 (February 04, 2025) on 'Safer Participation of Retail Investors in Algorithmic Trading', and exchange risk guidelines:
- Client-Side Automated Execution: All automated trading is executed strictly from client-side private nodes through official retail broker APIs using the client's own credentials. Orders pass directly to the broker's regulatory Risk Management System (RMS).
- All automated trading must adhere strictly to exchange-approved order parameters and price bands.
- Users must not deploy abusive or manipulative trading practices, including order flooding, quote stuffing, wash sales, circular trading, or spoofing.
- SmartAlgo Signal incorporates automated safety controls including Daily Maximum Loss limits, Auto-Kill switches, and trailing risk limits. Users must not attempt to tamper with or disable these essential safeguards.
Clause 7. Dedicated AWS Cloud Infrastructure & Technical Limitations
SmartAlgo Signal deploys isolated client nodes across Amazon Web Services (AWS EC2 Mumbai Region, ap-south-1) to ensure optimal proximity to exchange colocation servers and target 99.9% operational availability. However, you acknowledge the inherent technical realities of electronic trading:
- API & Network Latency: Slippage and price differentials can occur between signal generation and order fill due to high market volatility, network jitter, or exchange server queuing.
- Third-Party Outages: Sidshlok Venture shall not be liable for internet disruptions, AWS data center downtime, telecommunication fiber cuts, or downtime experienced on broker API gateways or stock exchange matching engines.
- Emergency Manual Intervention: In the event of extreme market volatility, technical disconnect, or broker API blackouts, you are expected to manually square off or manage your positions directly through your broker's native mobile app or web portal.
Clause 8. Intellectual Property & Proprietary Rights
All software architectures, algorithmic logic, mathematical models, UI designs, logos, animated SVG radars, trademarks, and documentation associated with SmartAlgo Signal are the exclusive intellectual property of Sidshlok Venture.
Users are granted a limited, revocable, non-exclusive, non-transferable license to access the platform. You may not decompile, reverse-engineer, disassemble, modify, resell, redistribute, or create derivative works of any component of the software without prior written consent from Sidshlok Venture.
Clause 9. Subscription Fees, Licensing & Strict No-Refund Policy
Access to SmartAlgo Signal engines, dedicated AWS cloud nodes, and Telegram VIP telemetry feeds is offered under subscription-based technology licensing terms:
- Subscriptions must be paid in advance via approved payment gateways.
- Strict No-Refund Policy: Due to immediate capital deployment, dedicated cloud server provisioning, compute resource reservation, and the proprietary nature of algorithmic technology, all fees paid are non-refundable and non-transferable under any circumstances.
- Sidshlok Venture reserves the right to terminate access to any account found violating platform security, attempting unauthorized server access, or abusing exchange order routing.
Clause 10. Limitation of Liability & Indemnification
LIMITATION OF LIABILITY: Under no circumstances shall Sidshlok Venture, its founders, directors, employees, or technical affiliates be liable for any direct, indirect, incidental, punitive, special, or consequential damages, including but not limited to loss of trading capital, profits, revenue, or data, arising from algorithmic malfunctions, broker API failures, internet outages, execution delays, or market volatility.
You agree to indemnify, defend, and hold harmless Sidshlok Venture against any claims, regulatory penalties, liabilities, losses, costs, and expenses (including legal fees) arising from your misuse of the platform, violation of these terms, or trading losses incurred in your broker account.
Clause 11. Governing Law & Dispute Resolution
These Terms & Conditions shall be governed by, construed, and enforced in accordance with the substantive laws of India. Any dispute, claim, or controversy arising out of or relating to this agreement shall be submitted to the exclusive jurisdiction of the competent civil courts located in Pune / Mumbai, Maharashtra, India.
Clause 12. Modifications to Terms
Sidshlok Venture reserves the right to modify, amend, or update these Terms & Conditions at any time to reflect changing regulatory requirements, platform features, or operational standards. Continued use of SmartAlgo Signal following any published changes signifies your unconditional acceptance of the revised terms.