Trade at 20

TERMS AND CONDITIONS

PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY BEFORE ACCESSING OR USING THIS WEBSITE. BY ACCESSING THIS WEBSITE OR ACTING AS AN AUTHORISED PERSON (AP) FOR ZERODHA BROKING LTD., YOU AGREE TO BE BOUND BY THESE TERMS.

1. Introduction and Definitions

1.1. About the Trading Member: Zerodha Broking Ltd. (“Zerodha,” “Principal,” “Trading Member,” or “We”) is a company incorporated under the Companies Act, 2013, having its registered office at 153/154, 4th Cross, Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bengaluru – 560078, Karnataka, India. Zerodha is a SEBI-registered stock broker (Registration No. INZ000031633) and a member of NSE, BSE, MCX, and Depositories (CDSL/NSDL).

1.2. About the Authorised Person: Trade at 20 is a Partnership Firm constituted under Indian law, having its registered address at 18/22B, 1st Floor, Sahaan Arcade, South Kalamassery, CUSAT P.O, Ernakulam. The Firm is appointed as an Authorised Person of Zerodha Broking Ltd. to source clients and provide services as permitted by SEBI and the Stock Exchanges, on behalf of Zerodha.

2. Website Information and Regulatory Compliance

2.1. Information Displayed: In compliance with SEBI circular dated February 15, 2023, this website (tradeat20.com), operated by Trade at 20 displays the following mandatory information regarding the Trading Member, Zerodha.

    (a) Basic Details: Zerodha’s SEBI registration number (INZ000031633), registered office address (Bengaluru), and its branch addresses.

    (b) Key Personnel: Names and contact details of Key Managerial Personnel (KMPs) and the Compliance Officer of Zerodha Broking Ltd. are available on the principal’s website (zerodha.com).

    (c) Grievance Redressal: The step-by-step procedure for filing complaints and tracking their status. The designated grievance email ID for Zerodha is: support@zerodha.com

    (d) AP Details: Information regarding the role of Authorised Persons. Trade at 20 operates as a registered AP of Zerodha.

3. Role and Scope of Trade at 20 as an Authorised Person

3.1. Principal-Agent Relationship: Trade at 20 acts as an agent of Zerodha Broking Ltd. The role of the Firm is limited to sourcing clients and facilitating the trading and depository services offered by Zerodha. All trading activity and the client relationship remains strictly between the client and Zerodha Broking Ltd.

3.2. Prohibition on Handling Funds or Securities: Trade at 20 and its partners/employees are strictly prohibited from handling client funds or securities. All receipts/payments of funds and securities must be made directly in the name of Zerodha Broking Ltd. and settled directly between the client and Zerodha. The AP shall not issue any document (like contract notes) in the name of “Trade at 20”.

3.3. Client Onboarding: Trade at 20 is responsible for conducting proper due diligence on prospective clients, ensuring all Know Your Client (KYC) documents are authentic and submitted to Zerodha for registration with the Exchanges. The AP must not onboard clients without adequate verification.

4. Code of Conduct and Prohibited Activities

As an Authorised Person of Zerodha Broking Ltd., Trade at 20 and its partners agree to adhere to the strict Code of Conduct prescribed by SEBI and the Exchanges. Key obligations include:

4.1. Trade at 20 MUST NOT:

– Promise Assured Returns: The Firm is strictly forbidden from promising or guaranteeing any fixed or assured returns to clients. This is a serious violation of securities laws.

– Engage in Unauthorised Trading: The AP cannot trade on behalf of a client without obtaining explicit, verifiable prior instructions (e.g., voice recording, written instruction slip). The AP must not operate or have access to a client’s trading account.

– Misrepresent or Advertise without Approval: Trade at 20 shall not issue any advertisements, pamphlets, or promotional material (print or digital) using Zerodha’s brand name without the prior written approval of Zerodha Broking Ltd. and, where required, the Stock Exchanges.

– Collect Money or Enter into Profit Sharing: The AP cannot accept deposits or engage in any profit-sharing arrangements with clients.

– Run Unauthorised Schemes: The Firm is prohibited from operating collective investment schemes, portfolio management services, or any activity not explicitly authorized by the AP agreement and SEBI regulations.

– Misuse Zerodha’s Identity: Trade at 20 shall not use Zerodha’s logo or intellectual property without express written consent from Zerodha Broking Ltd.

4.2. Trade at 20 MUST:

– Display Information: At its place of business (Sahaan Arcade, Kalamassery), the Firm must prominently display Zerodha’s SEBI registration certificate, the AP registration letter from the Exchange, and grievance redressal information.

– Maintain Records: The Firm must maintain a register of client complaints, segregate its broking business from any other business it may conduct, and ensure all data is stored securely with proper backups.

– Report Changes: Trade at 20 must notify Zerodha Broking Ltd. at least 30 days in advance of any change in its business address or contact details.

5. Intellectual Property and Confidentiality

5.1. Ownership: All content on this website, including logos, text, graphics, and software, is the property of Zerodha Broking Ltd. or Trade at 20 (where applicable) and is protected by intellectual property laws. You are not authorised to use any content without prior written permission.

5.2. Confidentiality: Trade at 20 agrees to maintain the confidentiality of all client information and Zerodha’s proprietary data. The Firm shall implement adequate security practices to prevent data breaches.

6. Monitoring and Inspection

6.1. Zerodha Broking Ltd. reserves the right to monitor the trading activities, client complaints, and turnover sourced by Trade at 20. SEBI, the Stock Exchanges, and/or Zerodha are entitled to conduct periodic inspections of the Firm’s place of business at Kalamassery, Ernakulam to ensure compliance with all regulatory requirements.

7. Limitation of Liability and Indemnification

7.1. Disclaimer: The information on this AP website is for general informational purposes only and does not constitute a solicitation or offer to provide any services. Zerodha Broking Ltd. is not liable for any technical malfunctions, delays in order execution by the exchanges, or for any loss incurred due to events beyond its reasonable control.

7.2. Indemnity: Trade at 20 agrees to indemnify and hold Zerodha Broking Ltd., its directors, and employees harmless from any claims, damages, or liabilities arising out of the Firm’s breach of these Terms, violation of applicable laws, or any acts of omission or commission by the Firm, its partners, or employees.

8. Consequences of Breach

Any breach of the “Do’s and Don’ts,” the Code of Conduct, or these Terms and Conditions by Trade at 20 may result in strict action by Zerodha Broking Ltd., including but not limited to :

– Suspension or termination of the appointment of Trade at 20 as an Authorised Person.

– Legal proceedings and/or criminal complaints.

– Reporting the breach to SEBI and the Stock Exchanges.

9. Amendments

Zerodha Broking Ltd. and/or Trade at 20 reserve the right to amend these Terms and Conditions at any time. Changes may occur due to updates in regulatory guidelines or business practices. The revised version will be posted on this website, and your continued association with the Firm constitutes acceptance of those changes.

10. Governing Law and Jurisdiction

These Terms and 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 Ernakulam, Kerala.

11. Contact Us

For any queries or grievances related to the role of Trade at 20 as an Authorised Person, please contact:

The Authorised Person: Trade at 20, 18/22B, 1st Floor, Sahaan Arcade, South Kalamassery, CUSAT P O, Ernakulam. Email: mail@tradeat20.com, Phone: 0484 3322000, 0484 2902020

The Trading Member (Compliance Officer): Zerodha Broking Ltd., 153/154, 4th Cross, Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bengaluru – 560078. Email: compliance@zerodha.com, Grievance Email: support@zerodha.com