Terms & Conditions

These terms and conditions outline the rules and regulations for the use of TradeXlive Website, located at https://www.tradex.live

By accessing this website we assume you accept these terms and conditions. Do not continue to use https://www.tradex.live if you do not agree to take all of the terms and conditions stated on this page.The following terminology applies to these Terms and Conditions, Privacy Statement and Disclaimer Notice and all Agreements: “Client”, “You” and “Your” refers to you, the person log on this website and compliant to the Company’s terms and conditions. “The Company”, “Ourselves”, “We”, “Our” and “Us”, refers to our Company. “Party”, “Parties”, or “Us”, refers to both the Client and ourselves. All terms refer to the offer, acceptance and consideration of payment necessary to undertake the process of our assistance to the Client in the most appropriate manner for the express purpose of meeting the Client’s needs in respect of provision of the Company’s stated services, in accordance with and subject to, prevailing law.

Any use of the above terminology or other words in the singular, plural, capitalization and/or he/she or they, are taken as interchangeable and therefore as referring to the same.

Cookies

We employ the use of cookies. By accessing https://www.tradex.live, you agreed to use cookies in agreement with the TradeXlive Privacy Policy. Most interactive websites use cookies to let us retrieve the user’s details for each visit. Cookies are used by our website to enable the functionality of certain areas to make it easier for people visiting our website. Some of our affiliate/advertising partners may also use cookies.
 

Trading

TradeX provides access to various financial markets and instruments, and you’re responsible for your trading decisions and actions. You must comply with all applicable laws and regulations and use TradeX for lawful purposes only.
 

Risk Disclosure

Trading involves risks, and you should carefully consider your investment objectives, risk tolerance, and financial situation before using TradeX. You should also educate yourself about the risks and benefits of trading and seek professional advice if needed.
 

Fees and Charges

TradeX may charge fees and commissions for its services, which may vary depending on the type of account, financial instrument, and market conditions. You’re responsible for paying all applicable fees and charges.
 

Termination

TradeX may terminate or suspend your account at any time for any reason, without prior notice. You may also terminate your account at any time by following the instructions on the website.
 

Limitation of Liability

TradeX is not liable for any direct or indirect damages, including but not limited to loss of capital, data, or use, arising from your use of TradeX or its services. TradeX also disclaims any warranties, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, and non-infringement.
 

Terms of Trading

Line Trading (Chamki ) & Scalping is strictly prohibited at our platform. We reserve all the right to suspend the trade and account in case we found somebody indulging in such activities.


Bank Details/UPI ID:
Please note that our bank details/UPI ID may undergo changes. Kindly refrain from depositing funds using any previously provided bank details, as we will not be liable for any transactions made in error.

Jabbing and Scalping
Profit Booking Within 5 Minutes: Any profits made within 5 minutes of a trade will be considered as jobbing or scalping. The platform reserves the right to remove such profits.

No VPN Usage
Trading on the platform using a VPN (Virtual Private Network) is not allowed. If someone is found using a VPN, their trades will be deleted.

Dividend and Bonus
Dividend and bonus calculations will follow the rules and regulations of the relevant stock exchange circulars.

Cross Orders and Same IP Address
The platform will cancel cross orders and trades made with the same IP address. Trading with the same IP address in multiple accounts is strictly prohibited, and profitable trades may be removed without prior notice.

Negative Balance Protection
The platform offers protection against negative balances, with a specified step-out level of 30%.

Execution of Orders
Stop loss and other orders will be executed based on bid/ask prices, not the last traded price (LTP).

Prohibited Trading Practices
Chamka (possibly a term specific to the platform), lines, and insider trades are not acceptable.

Reporting Glitches
Users are required to report any glitches or software issues immediately. If a client cannot close their positions due to a software glitch, they should notify the platform, and the positions will be squared off at the current market price (CMP) upon receipt of the message.

Group Trading
Group trading is not allowed on the platform without prior written permission from the platform’s administration.

Payout Delays
Payouts may be delayed due to banking server issues, and clients are advised to be patient in such situations.

Margin and Fund Management
Clients are responsible for maintaining adequate margin/fund levels to avoid partial liquidation or losses.

Account Locking
If a client does not use their account for 7 days, it will be locked for security reasons. To unlock the account, the client should contact customer support.

These are the terms and conditions outlined by Tradex, presumably for trading on their platform. It’s important to read and understand these terms before using their platform, as they outline the rules and expectations for users. Here’s a breakdown of each point: