Terms and Conditions — Research Analyst Services

Last updated: 17-September-2026 | Version 1.1

1. Agreement to these Terms

• These Terms and Conditions constitute a legally binding agreement between you, whether personally or on behalf of an entity (“you”, “your”, “the client”), and Tradeswift Broking Private Limited (“the Company”, “Tradeswift”, “we”, “us”, “our”), concerning your access to and use of www.tradeswift.net and your subscription to our Research Analyst services.
• By accessing this website, creating an account, subscribing to any research service or making any payment to us, you confirm that you have read, understood and agree to be legally bound by these Terms, together with our Refund Policy, Cancellation Policy and Privacy Policy, each of which forms part of this agreement. If you do not agree, please do not use this website or subscribe to our services.
• The “Last updated” date above tells you when these Terms were last revised. It is your responsibility to review this page periodically. Continued use of the website or the services after a revision is posted means you accept the revised Terms.
• These Terms are the website version, published for online subscription and fee collection. The complete Terms and Conditions of research services, including the Most Important Terms and Conditions (MITC) prescribed by SEBI, are disclosed to you during onboarding and your consent is taken on them. In case of any inconsistency between this page and those documents, the documents consented to at onboarding prevail.

2. About us

Tradeswift Broking Private Limited is a company incorporated in India and registered with the Securities and Exchange Board of India (SEBI) as a Research Analyst under the SEBI (Research Analysts) Regulations, 2014. The Company is enlisted with the Research Analyst Administration and Supervisory Body (RAASB) administered by BSE Limited. The Company is also registered as a stock broker and a depository participant; research services are provided through a separately identifiable division maintained at arm's length from those activities.

3. Contact information

For any question about these Terms, the website or our research services, write to us at advisory@tradeswift.net or call 0141-4050517. For a grievance, write to our Compliance Officer at complianceofficer.ra@tradeswift.net. Our postal address is 4th Floor, Baid House, 1, Tara Nagar, Ajmer Road, Jaipur – 302006, Rajasthan, India. Support hours are Monday to Friday, 10:00 AM to 6:00 PM IST.

4. Your representations

By using this website and subscribing to our services, you represent and warrant that:

• All registration information you submit is true, accurate, current and complete, and you will keep it updated.
• You have the legal capacity to contract and agree to comply with these Terms.
• You are not a minor, being at least 18 years of age in the jurisdiction in which you reside.
• You hold a valid Permanent Account Number (PAN) and will complete KYC as required for fee-paying clients.
• You are subscribing for your own benefit and consumption, and not on behalf of or for onward distribution to any other person.
• You will not access the website through automated or non-human means, whether by bot, script or otherwise.
• You will not use the website for any illegal or unauthorised purpose, and your use will not violate any applicable law or regulation.

If you provide information that is untrue, inaccurate, not current or incomplete, we reserve the right to suspend or terminate your account and refuse any current or future use of the website and the services.

5. Registration and your account

• You may be required to register as a user of the website. You agree to keep your password confidential and are solely responsible for all activity under your account.
• Unauthorised access to the services is prohibited. Notify us immediately of any unauthorised use. We may remove, reclaim or change a username if, in our sole discretion, it is inappropriate or objectionable.
• We never seek, and you must never share with us or with anyone else, the login credentials or one-time passwords of your trading, demat or bank accounts.

6. Services we provide

• Research reports and research recommendations on listed securities, including equity and exchange traded derivatives, issued from time to time through subscription plans.
• Recommendations are issued on a standalone basis as at the date of the report. We do not operate a rating system and no rating is carried forward from one report to another.
• Every recommendation is an opinion based on analysis of publicly available information. It is not a guarantee and is not tailored to your personal financial situation.
• Services are delivered digitally. Nothing physical is shipped and no shipping charge applies.

We do not provide investment advice, portfolio management services, fund management, demat or execution services under this registration. We do not accept, hold or handle client funds or client securities for research services.

7. Purchases and payment

We accept the following forms of payment: Credit Card, Debit Card, Net Banking, UPI, NEFT, RTGS, IMPS and Cheque. All payments are in Indian Rupees (INR).

• You agree to provide current, complete and accurate purchase and account information for every purchase made through the website, and to update it promptly so that we can complete your transactions and contact you as needed.
• You agree to pay all charges at the prices in effect at the time of your purchase, and you authorise us to charge your chosen payment provider for those amounts.
• Online payments are processed through a PCI DSS compliant payment gateway. We do not collect, see or store your full card number, CVV or card PIN at any time.
• Payment must be made from a bank account, card or UPI ID held in your own name. We do not accept payment from third parties.
• Cash payment is not accepted under any circumstances.
• We may change the prices of our services at any time. The price applicable to you is the price displayed when you subscribe, for the duration of that subscription period.
• We reserve the right to refuse any order placed through the website.

Current prices for all research subscription plans are published at https://tradeswift.net/research-hub. All prices are exclusive of GST and other statutory charges unless expressly stated otherwise.

8. Fees under the SEBI Research Analyst Regulations

You may optionally pay through the Centralised Fee Collection Mechanism (CeFCoM) operated by BSE Limited. CeFCoM is optional; payment through this website is an alternative to it. Before paying, you may verify our registered bank account and UPI ID using the SEBI Check facility.

9. Service delivery and commencement

Research services commence only after onboarding is complete. Onboarding is complete when all of the following have been done: your KYC has been completed, your consent has been taken on the Terms and Conditions including the MITC, and the applicable fee has been received by us through banking channels. The date on which the last of these is completed is recorded as your service start date, and your subscription period runs from that date.

Any sample recommendation, trial call, promotional material or other content received by you before your service start date is not a research service rendered to you as a client and must not be acted upon.

10. Refund and cancellation

You may cancel at any time. There is no lock-in period and no cancellation penalty. On premature termination by you or by us, you are entitled to a refund of the proportionate fee for the unexpired period, and no breakage fee is charged. Full details are set out in our Refund Policy and our Cancellation Policy, both of which form part of these Terms.

11. Your declarations

By subscribing to our research services, you confirm as follows:

“I/We have read and understood the terms and conditions applicable to a research analyst as defined under regulation 2(1)(u) of the SEBI (Research Analysts) Regulations, 2014, including the fee structure.”

“I/We are subscribing to the research services for our own benefits and consumption, and any reliance placed on the research report provided by the research analyst shall be as per our own judgement and assessment of the conclusions contained in the research report.”

“I/We understand that any investment made based on the recommendations in the research report is subject to market risk; that recommendations in the research report do not provide any assurance of returns; and that there is no recourse to claim any losses incurred on the investments made based on the recommendations in the research report.”

12. Our declarations

• We hold the registration and qualifications required to render research services under the RA Regulations, and the same are valid and subsisting.
• The research services provided by us do not conflict with or violate any provision of law, rule, regulation or contract to which we are a party.
• We do not offer, and have never offered, any assured, guaranteed or fixed return on any recommendation, expressly or by implication. Any person offering such a scheme in our name is not acting on our behalf and should be reported to us immediately.
• We shall abide by SEBI and RAASB requirements on disclosure and mitigation of any actual or potential conflict of interest.
• These terms are for research services only. We cannot execute or carry out any trade on your behalf, and you are advised not to permit us to do so.

13. Risk factors

• Investment in the securities market is subject to market risk. Read all the related documents carefully before investing. Past performance is not indicative of future results. The value of investments may go down as well as up and you may lose the whole of your capital.
• Derivatives and commodity derivatives are complex and high-risk products. Losses on such products may exceed the margin deposited and the entire capital committed. Short option positions carry a theoretically unlimited loss potential. Where a recommendation comprises more than one contract, the risk profile changes materially if any leg is not executed or exited as recommended.
• Information in our research reports is obtained from sources believed to be reliable, but its accuracy or completeness is not guaranteed. Our reports do not take into account your particular investment objectives, financial situation or needs. The complete risk factors, including product-specific risks, are set out in the Terms and Conditions provided at onboarding.

14. Conflict of interest

We disclose in each research report the financial interest of the Company, its associates and relatives in the subject company; any holding of one per cent or more at the end of the month immediately preceding publication; compensation received from the subject company; any other material conflict of interest; and the extent of use of artificial intelligence tools, in the manner required by the RA Regulations.

15. Your obligations

• Provide accurate information and inform us promptly of any change in your contact details, PAN, bank details or dependent family declaration.
• Make your own investment decisions and apply your own judgement. Seek clarification from us before acting on any recommendation you do not understand.
• Do not reproduce, duplicate, copy, sell, resell, forward, publish or otherwise exploit any research report or any part of our services.

16. Prohibited activities

You may not access or use the website for any purpose other than that for which we make it available. As a user of the website, you agree not to:

• Systematically retrieve data or content from the website to create or compile a collection, compilation, database or directory without our written permission.
• Make unauthorised use of the website, including collecting usernames or email addresses of users for the purpose of sending unsolicited email, or creating accounts by automated means or under false pretences.
• Circumvent, disable or interfere with security-related features of the website, including features that prevent or restrict the use or copying of any content.
• Engage in unauthorised framing of or linking to the website.
• Trick, defraud or mislead us or other users, particularly in any attempt to learn sensitive account information such as passwords.
• Make improper use of our support services or submit false reports of abuse or misconduct.
• Use any data mining, robots, scrapers or similar data gathering and extraction tools.
• Interfere with, disrupt or create an undue burden on the website or the networks or services connected to it.
• Impersonate another user or person, or use the username of another user, or sell or transfer your profile.
• Use information obtained from the website to harass, abuse or harm another person.
• Use the website to compete with us or for any revenue-generating endeavour or commercial enterprise.
• Decipher, decompile, disassemble or reverse engineer any software comprising or forming part of the website.
• Harass, annoy, intimidate or threaten any of our employees or agents.
• Delete any copyright or proprietary rights notice from any content.
• Upload or transmit viruses, Trojan horses, spyware, web bugs or other material that interferes with the operation of the website or any party's use of it.
• Use the website in any manner inconsistent with applicable laws or regulations.

17. Intellectual property

• This website is the sole property of Tradeswift Broking Private Limited. All rights to, title to and interest in the content available on the website, its look and feel, the designs, trade marks, service marks and trade names displayed on it, and the website URLs, are the property of the Company or its licensors and are protected by law.
• No part of any information, material or software from the website may be copied, removed, photocopied, duplicated or redistributed in any form without our prior written consent.
• You are granted a limited, personal, non-transferable, non-exclusive and revocable license to use our research reports for your own personal, non-commercial purposes only. All other rights are reserved. Any infringement will be pursued to the fullest extent permitted by law.

18. Third-party websites and content

• The website may contain links to other websites and to articles, text, graphics, images, information, applications, software and other content belonging to or originating from third parties. Such third-party websites and content are not investigated, monitored or checked for accuracy, appropriateness or completeness by us, and we are not responsible for them.
• Inclusion of or linking to any third-party website or content does not imply our approval or endorsement. If you decide to leave the website and access a third-party website, you do so at your own risk and these Terms no longer govern.

19. Accuracy of the website and corrections

• There may be information on the website that contains typographical errors, inaccuracies or omissions, including descriptions, pricing and availability. We reserve the right to correct any error, inaccuracy or omission and to change or update information on the website at any time without prior notice.
• We are not responsible if information made available on the website is not accurate, complete or current. Any reliance on the material on the website is at your own risk.

20. Modifications and interruptions

• We reserve the right to change, modify or remove the contents of the website at any time and at our sole discretion, and to modify or discontinue all or part of the website without notice.
• We cannot guarantee the website will be available at all times. We may experience hardware, software or other problems, or need to perform maintenance, resulting in interruptions, delays or errors.
• We will not be liable for any loss, damage or inconvenience caused by your inability to access or use the website during any downtime or discontinuance.

21. Privacy

Personal data collected from you is processed in accordance with our Privacy Policy, the Digital Personal Data Protection Act, 2023, and the record-keeping obligations under the SEBI (Research Analysts) Regulations, 2014. Use of this website may be monitored and recorded.

22. Communication and consent to be contacted

• Research reports and recommendations will be sent to the mobile number, email ID and messaging number you register with us. You confirm that these belong to you. All such communication is recorded and retained for five years as required by the RA Regulations.
• By registering on the website or availing any of our services, you consent to being contacted by Tradeswift Broking Private Limited or its authorised representatives by telephone, including on the mobile number provided by you, for purposes including service updates, research-related information and support.
• You acknowledge that such calls may be made notwithstanding your registration on the National Do Not Call (NDNC) Registry, and you waive any objection to receiving such calls.

23. Disclaimer

• The website and the services are provided on an “as is” and “as available” basis. Except as expressly stated by us, the services and all products and services delivered to you are provided without any representation, warranty or condition of any kind, either express or implied, including all implied warranties or conditions of merchantability, fitness for a particular purpose, durability, title and non-infringement. We do not warrant that the service will be uninterrupted, timely, secure or error-free.
• The material and information on this website is not intended as an offer or solicitation for the purchase or sale of any security or financial instrument, or to provide any investment service in any jurisdiction where such an offer would be unlawful.

24. Limitation of liability

• To the maximum extent permitted by law, Tradeswift Broking Private Limited, its directors, officers, employees and associates shall not be liable for any indirect, incidental, punitive, special or consequential loss, or for any loss of profit, loss of opportunity, loss of data or trading loss, arising out of or in connection with your use of the website or our research services.
• Nothing in these Terms limits any liability that cannot be limited under applicable law, or affects your rights under the SEBI (Research Analysts) Regulations, 2014 or your right to seek redressal through SEBI SCORES or the Online Dispute Resolution mechanism.

25. Indemnification

You agree to indemnify, defend and hold harmless Tradeswift Broking Private Limited, its directors, officers and employees from and against any claim, loss, liability or cost, including reasonable legal fees, arising out of your breach of these Terms, your violation of any law, or your unlawful circulation, sharing or redistribution of our research reports.

26. Payment authorisation and transaction declines

• The Company shall not be liable for any loss or damage arising directly or indirectly out of the decline of authorisation for any transaction, on account of the cardholder having exceeded the preset limit mutually agreed by the Company with its acquiring bank from time to time.
• You are responsible for ensuring that the payment instrument used belongs to you and that sufficient funds or credit limit are available. Where a transaction fails but an amount is debited, the amount is ordinarily reversed by your bank or card issuer within 5 to 10 working days. If it is not, write to us with the transaction reference and we will take the matter up with the payment gateway.
• Where a chargeback is raised in respect of a subscription that has been delivered, we will contest it and furnish evidence of delivery, including onboarding consent records and dispatch logs.

27. Term and termination

These Terms remain in full force while you use the website or our services. We may suspend or terminate your access, on reasonable notice where practicable, in the following circumstances. In every case you remain entitled to the refund provided for in our Refund Policy.

• Agreed fees remain unpaid after reasonable notice.
• Information furnished by you is found to be false or misleading, or your KYC cannot be completed or verified.
• Our research reports are reproduced, redistributed or misused in breach of these Terms.
• We are required to do so by SEBI, RAASB, a court or any other competent authority, or by our obligations under the Prevention of Money Laundering Act, 2002.
• Our SEBI registration is suspended for more than sixty (60) days or is cancelled.

We reserve the right to refuse service to any person at any time for any lawful reason. If we terminate or suspend your account, you are prohibited from registering a new account under your name, a fake or borrowed name, or the name of any third party.

28. Force majeure

We shall not be liable for any delay or failure in performance caused by events beyond our reasonable control, including system or exchange outages, failure of internet or telecommunication services, acts of God, natural disasters, epidemics, war, civil disturbance, strikes, or regulatory or governmental action.

29. Grievance redressal and dispute resolution

• Write to our Compliance Officer, Ajay Mundhra, at complianceofficer.ra@tradeswift.net or call 0141-4050505. We will endeavour to resolve your grievance within 7 (seven) business working days, or such timeline as SEBI may specify.
• If you are not satisfied with our response, you may lodge a complaint with SEBI on the SCORES portal at https://scores.sebi.gov.in, or refer the dispute to the Online Dispute Resolution portal at https://smartodr.in, which provides for online conciliation and arbitration. SEBI toll-free helpline: 1800 22 7575 / 1800 266 7575.

30. Standard disclaimer

“Registration granted by SEBI, enlistment with BSE and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.”

“Investment in securities market are subject to market risks, read all the related documents carefully before investing.”

31. Governing law and jurisdiction

• These Terms and your use of the website are governed by and construed in accordance with the laws of India.
• Subject to the dispute resolution mechanism specified by SEBI, including the Online Dispute Resolution mechanism, the courts at Jaipur, Rajasthan shall have exclusive jurisdiction.

32. Changes to these Terms

• We may amend these Terms from time to time to reflect changes in law, regulation or our services. The revised version will be published on this page with a new version number and date.
• Where a change materially affects an existing subscription, we will notify you and, where required, obtain your consent.

33. Contact us

Tradeswift Broking Private Limited, 4th Floor, Baid House, 1, Tara Nagar, Ajmer Road, Jaipur – 302006, Rajasthan, India. Telephone: 0141-4050517 | Email: advisory@tradeswift.net | Website: www.tradeswift.net | Support hours: Monday to Friday, 10:00 AM to 6:00 PM IST