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Terms & Conditions | Nikunj Stock Brokers Ltd

Terms & Conditions

Please read these terms carefully before using our website, trading platforms or any services offered by Nikunj Stock Brokers Ltd. By accessing our services, you agree to be bound by these terms.

Last Updated: June 2026
Section 01

About Us

The domain name www.nikunjonline.com is owned and operated by Nikunj Stock Brokers Ltd, a company incorporated under the Companies Act with its registered office at A-92, G.F., Left Portion, Kamla Nagar, Delhi – 110007 (hereinafter referred to as "NIKUNJ", "we", "us" or "our").

NIKUNJ is a SEBI-registered stock broking company, a member of NSE, BSE and MCX, and a Depository Participant with NSDL and CDSL. These Terms & Conditions govern your use of our website, trading platforms, mobile applications and all related services.

SEBI Reg. No. INZ000169335 NSE — 06913 BSE — 6645 MCX — 16505 NSDL DP — IN302994 CDSL DP — 100300
Section 02

Acceptance of Terms

By accessing, browsing or using our Website or Services in any manner, you confirm that you have read, understood and agree to be bound by these Terms & Conditions and our Privacy Policy. If you do not agree to these terms, please do not use our Website or Services.

These terms apply to all users including visitors, registered clients, sub-brokers and business partners. NIKUNJ reserves the right to amend these terms at any time. Continued use of the Services after any changes constitutes your acceptance of the revised terms.

You must be at least 18 years of age and legally competent to contract under the Indian Contract Act, 1872 to use our Services and open a trading or demat account with NIKUNJ.
Section 03

Services Offered

NIKUNJ provides a range of financial services through its website and trading platforms. All services are subject to applicable SEBI regulations, exchange rules and depository participant guidelines:

  • Online and offline equity trading on NSE and BSE — delivery and intraday
  • Futures & Options trading across NSE, BSE and MCX segments
  • Mutual fund investments — direct plans, SIP, lumpsum across 3,500+ schemes
  • IPO applications via ASBA and UPI modes
  • Pay Later (MTF) facility and Pledge of Securities for margin
  • Depository services — demat account, e-DIS, pledge and nominee facility via NSDL & CDSL
  • Research, daily market reports and investment advisory content

NIKUNJ reserves the right to modify, suspend or discontinue any service at any time without prior notice, subject to applicable regulatory requirements.

Section 04

User Obligations

As a user of NIKUNJ's website and services, you agree to the following obligations:

  • Provide accurate, complete and up-to-date information during account opening and KYC, and promptly update any changes.
  • Maintain the confidentiality of your login credentials, password and TPIN. NIKUNJ is not liable for losses arising from unauthorised access due to failure to safeguard credentials.
  • Not use the platform for any unlawful, fraudulent or manipulative trading activity, including market manipulation or insider trading as prohibited under SEBI regulations.
  • Not attempt to gain unauthorised access to our systems, servers or databases.
  • Ensure sufficient funds or securities in your account before placing orders. NIKUNJ may square off positions if margin requirements are not met.
  • Comply with all applicable laws, regulations, exchange rules and SEBI guidelines at all times.
  • Not reproduce, distribute or misuse any research, content or data provided by NIKUNJ for commercial purposes without written consent.
NIKUNJ reserves the right to suspend or terminate your account without notice if you breach any of these obligations or engage in activity that violates applicable law or exchange regulations.
Section 05

Intellectual Property

All content on this Website including but not limited to text, graphics, logos, icons, images, research reports, charts, data and software is the exclusive property of Nikunj Stock Brokers Ltd or its content suppliers and is protected under applicable Indian and international intellectual property laws.

You are granted a limited, non-exclusive, non-transferable licence to access and use the Website for personal, non-commercial purposes only. You may not copy, reproduce, republish, upload, post, transmit or distribute any content from this Website without prior written permission from NIKUNJ.

Section 06

Disclaimer & Limitation of Liability

The information, research and content provided on this Website is for general informational purposes only and does not constitute investment advice, a solicitation to buy or sell any security, or a guarantee of returns.

  • No Guarantee of ReturnsPast performance of any security or investment strategy does not guarantee future results. All investments carry risk.
  • Research DisclaimerResearch reports and trading calls are opinions of the analyst and not recommendations. Investors must conduct their own due diligence.
  • System AvailabilityNIKUNJ does not warrant uninterrupted or error-free access to our platforms. We are not liable for losses due to technical downtime or connectivity issues.
  • Third-Party ContentNIKUNJ is not responsible for the accuracy or completeness of content sourced from third parties, including market data providers.
In no event shall NIKUNJ, its directors, employees or agents be liable for any direct, indirect, incidental or consequential losses arising from the use of or reliance on our Services, research or content.
Section 07

Risk Disclosure

Investments in the securities market are subject to market risks. Please read all related documents carefully before investing. The following risk disclosures are mandatory under SEBI guidelines:

  • Equity & F&OInvestment in securities market are subject to market risks. Read all related documents carefully before investing. Securities quoted are for illustration only and are not recommendatory.
  • Mutual FundsMutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
  • IPOOpening of an account will not guarantee allotment of shares in an IPO. Investors must conduct their own due diligence before applying.
  • MTF / Pay LaterMTF is subject to SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017 and the terms and conditions of the rights and obligations statement issued by NIKUNJ.
  • SEBI CertificationRegistration granted by SEBI and certification from NISM in no way guarantees performance of the intermediary or provides any assurance of returns to investors.
Section 08

Governing Law & Jurisdiction

These Terms & Conditions shall be governed by and construed in accordance with the laws of India. Any disputes arising out of or in connection with these terms shall be subject to the exclusive jurisdiction of the courts in New Delhi, India.

Disputes relating to trading or depository services shall first be referred to the relevant stock exchange or depository grievance mechanism. If unresolved, they may be escalated to SEBI's SCORES portal or the Smart ODR (Online Dispute Resolution) platform.

Section 09

Contact & Grievance Redressal

For any queries, concerns or grievances relating to these Terms & Conditions or our Services, please contact our Compliance Officer:

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