Terms & Conditions of Service
Legal terms governing access to NexusMind MarketPulse Alpha analytics, quantitative Indian stock screeners, AMFI mutual fund diagnostics, and virtual paper trading simulations.
“Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Derivative products (F&O) are complex and carry substantial leverage risk resulting in potential total loss of capital.”
1. Legal Framework & Constitutional Basis
These Terms of Service constitute a legally binding agreement under the Indian Contract Act, 1872, the Information Technology Act, 2000 (including the Information Technology [Intermediary Guidelines and Digital Media Ethics Code] Rules, 2021), and the constitutional framework of the Republic of India.
By accessing, browsing, registering on, or utilizing MarketPulse Alpha (operated by NexusMind Technologies, accessible at marketalpha.in and nexusmind.in), you represent that you are an individual at least 18 years of age possessing full contractual competence under Section 11 of the Indian Contract Act, 1872.
2. Non-Advisory Nature & SEBI Non-Registration Notice
MarketPulse Alpha provides software-as-a-service (SaaS) algorithmic market research, technical chart overlays, mathematical multi-pillar screening, and automated pattern recognition for educational, informational, and analytical research purposes only.
- Not an Investment Adviser (RIA): NexusMind Technologies is not a SEBI-registered Investment Adviser under SEBI (Investment Advisers) Regulations, 2013. We do not provide personalized investment advice, stock recommendations, or financial planning.
- Not a Portfolio Management Service (PMS): We do not pool funds or manage money on behalf of any investor under SEBI (Portfolio Managers) Regulations, 2020.
- Not a Research Analyst (RA): Automated quantitative conviction scores (0-100) and AI confluence verdicts are mathematical models and do not constitute research reports or buy/sell recommendations under SEBI (Research Analysts) Regulations, 2014.
- Independent Due Diligence: Users must conduct independent due diligence and consult SEBI-registered professionals before committing real capital to any financial transaction.
3. Capital Volatility & Zero Return Guarantee
Equities listed on the National Stock Exchange of India (NSE) and BSE Limited (BSE), along with mutual funds tracked via the Association of Mutual Funds in India (AMFI), are exposed to severe market fluctuation, liquidity risks, macroeconomic shocks, and regulatory changes.
- Past Performance: Backtesting performance, historical chart patterns, and quantitative scores do not guarantee or predict future returns.
- Simulated Paper Trading: The virtual trading desk utilizes mock sandbox currency (₹10,00,000 virtual balance). Virtual gains or losses bear zero financial liability and do not reflect slippage, market impact, or exchange charges in live trading.
- Full Capital Risk: You acknowledge that trading in securities carries the risk of total loss of invested capital. NexusMind bears no responsibility for trading losses incurred.
4. Broker Synchronization & Order Routing
Any deeplinking or integration with registered stockbrokers (such as Zerodha Broking Limited, Groww / Nextbillion Technology, Angel One Limited, or Upstox / RKSV Securities) operates strictly under your explicit manual authorization.
NexusMind does not execute trades autonomously without manual confirmation, does not hold client trading funds or demat securities, and is not responsible for broker terminal downtime, execution delays, margin penalties, or exchange transmission failures.
5. Account Integrity & KYC Regulatory Compliance
In adherence to Indian anti-money laundering (PMLA, 2002) and SEBI client verification standards:
- Each account must be uniquely associated with a verified Email ID, Indian Mobile Phone Number, and Permanent Account Number (PAN). Duplicate account creation under fraudulent details is strictly forbidden.
- Users are strictly responsible for maintaining credential secrecy. Platform access may be suspended if fraudulent activity, scraping, unauthorized API calls, or market manipulation is detected.
- Users can delete their account permanently at any time via Profile Settings, which expunges their personal profile in compliance with data privacy mandates.
6. Limitation of Liability & Indemnity
To the maximum extent permissible under applicable Indian statutes, NexusMind Technologies, its founders, directors, employees, and software engineers shall not be liable for any direct, indirect, consequential, punitive, or incidental damages, loss of profits, trading capital erosion, or exchange penalties.
You agree to indemnify, defend, and hold harmless NexusMind Technologies from and against any third-party claims, regulatory inquiries, fines, or legal expenses arising from your use of the platform in violation of these Terms or applicable Indian securities laws.
7. Governing Law, Arbitration & Dispute Jurisdiction
These Terms and any dispute or claim arising out of or in connection with them shall be governed by and construed exclusively in accordance with the substantive laws of the Republic of India.
All disputes shall be referred to arbitration in accordance with the Arbitration and Conciliation Act, 1996 by a sole arbitrator mutually appointed by the parties. The seat and venue of arbitration shall be Mumbai, Maharashtra, India, and proceedings shall be conducted in English. The courts in Mumbai shall have exclusive territorial and subject-matter jurisdiction.
Compliance & Regulatory Desk
For statutory inquiries, disclosures, or grievance redressal under Indian regulations.