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Terms & Conditions

Welcome to Mg Auto Software website

Please go through the terms & conditions of our company for Algo trading as per SEBI guidelines.

1. Investment Risk Disclosure

Investment in stock or commodity markets is subject to market risks. No low-risk products are offered, although we make the best attempts to predict market trends accurately.

2. No Guarantee of Returns

We do not provide any type of guaranteed, surety, or fixed-profit commitment plans.

3. No Profit Sharing or Portfolio Management

We do not offer services related to any profit-sharing or portfolio management services.

4. Use of Personal Recommendations

We suggest that you avoid acting on personal recommendations given by associates of the company. You have paid the service charges to receive automatic signals from our system.

5. Security of Credentials

You are not allowed to share your Demat login ID or password with any of our employees. If you provide this information, neither the company nor its employees will be responsible for any losses; this will be entirely at your own risk.

6. Product Features & Services

All the products and services are listed on our website. Please read all the features carefully before subscribing to any service.

7. KYC & Risk Profiling

KYC (Know Your Customer) and Risk profiling are mandatory according to government regulatory bodies. The company shall stop providing services if it is found that your KYC is incomplete.

8. Investment Research Disclaimer

We take all necessary measures to assess risks and rewards before delivering investment advice. However, we do not take responsibility for any losses incurred on trades. Free trials are offered to showcase our patterns, technical analysis, and service accuracy.

9. No Refund, Cancellation, or Transfer

Once the client has paid for services, there will be NO refunds, cancellations, or transfers under any circumstances.

10. Free Demo

Kindly ensure to have a free demo of our software services before opting for any paid services.

11. Electronic Payments & Subscription

We advise our visitors not to offer or allow others, even family members or friends, to use their electronic payment methods or personal accounts to subscribe to services without prior permission.

12. Stockbroker Recommendation Disclaimer

We do not recommend any stockbroker. If any representative of the company suggests a stockbroker, we do not receive any form of compensation from the recommended stockbroker or any intermediary.

13. No Association with Intermediaries

We are not associated with any intermediaries and do not recommend the services of any specific intermediaries.

14. Company Management Rights

The management reserves all rights related to the services offered. The decision of the company's management shall be final and binding on the customers.

15. Client Advice Disclaimer

In case a client seeks advice on specific positions, we will offer our opinion on the security or product. Such suggestions are opinions, not advice, and the client should consider them as such. We are not liable for any losses resulting from following our opinions.

16. Market Risk Disclosure (Repetition for Emphasis)

Investment in stock or commodity markets is subject to market risk. While efforts are made to predict market movements, no guarantee of returns or accuracy is provided. Demonstrations of various products should not be interpreted as a guarantee for future performance. Clients are advised to treat all advice as an opinion and make decisions independently.

17. Dispute Resolution

In case of any dispute or difference regarding the services, both parties will attempt to resolve the issue amicably through mutual conciliation. If the dispute remains unresolved, it shall be referred to the Court of Indore jurisdiction.