Terms of Service — Amyra Securities
Legal Document

Terms of Service

May 16, 2025
May 16, 2025
Republic of India
SEBI Regulations & IT Act, 2000
These Terms of Service ("Terms") constitute a legally binding agreement between you ("User", "Client", or "you") and Amyra Securities ("we", "our", or "the Company") governing your access to and use of amyrasecurities.com and all associated services. By accessing our platform or opening an account, you acknowledge that you have read, understood, and agree to be bound by these Terms and all applicable laws.
01

Acceptance of Terms

By accessing or using the website, services, or any associated applications of Amyra Securities, you confirm your unconditional acceptance of these Terms of Service and our Privacy Policy. If you do not agree to these Terms, you must immediately discontinue use of our platform and services.

These Terms apply to all visitors, registered users, clients, and any other individuals who interact with our website or services, including accessing information, placing trades, using advisory services, or communicating with our team.

Note: Your continued use of the platform following any update to these Terms constitutes your binding acceptance of the revised Terms. We recommend reviewing this page periodically.
02

Services Offered

Amyra Securities is a SEBI-registered intermediary offering a range of financial and investment services to eligible clients. Our services include, but are not limited to:

ServiceDescriptionRegulatory Basis
Equity Broking Execution of buy/sell orders on NSE & BSE for listed equities SEBI (Stock Brokers) Regulations
Derivatives Trading F&O (Futures & Options) trading on recognised Indian exchanges SEBI Exchange Circulars
Mutual Fund Distribution Distribution of mutual fund schemes through AMFI-registered channels AMFI / SEBI (MF) Regulations
Portfolio Advisory Personalised investment guidance based on your risk profile SEBI (IA) Regulations, 2013
Depository Services Demat account services through NSDL/CDSL registered DPs Depositories Act, 1996
Research & Insights Market research reports, investment ideas, and educational content SEBI (Research Analysts) Regulations

We reserve the right to modify, suspend, or discontinue any service at any time with or without notice, subject to applicable regulatory requirements.

03

Eligibility

To use our services, you must meet the following eligibility criteria:

  • Age: You must be at least 18 years of age. Minors are not eligible to independently open or operate trading or demat accounts.
  • Residency: Our services are primarily intended for residents of the Republic of India. Non-Resident Indians (NRIs) and foreign nationals may access limited services subject to applicable FEMA and RBI regulations.
  • Legal Capacity: You must be legally competent to enter into binding contracts under the Indian Contract Act, 1872.
  • PAN & Aadhaar: A valid PAN card is mandatory for all trading and investment accounts as required by SEBI and Income Tax regulations. Aadhaar-based KYC may be required for certain services.
  • Not Barred by Law: You must not be debarred, disqualified, or prohibited by any court, regulatory body, or applicable law from accessing financial markets or services.
Providing false eligibility information is a violation of these Terms and applicable law. Amyra Securities reserves the right to terminate accounts found to be in breach of eligibility requirements.
04

Account Registration & KYC

Opening an account with Amyra Securities requires completion of our account registration and Know Your Customer (KYC) process, which is mandatory under SEBI and PMLA regulations.

  • Accurate Information: You agree to provide true, accurate, current, and complete information during registration and to update it promptly if it changes.
  • KYC Documentation: You must submit all required KYC documents — including identity proof, address proof, PAN, and photograph — as mandated by regulatory guidelines.
  • Account Security: You are solely responsible for maintaining the confidentiality of your login credentials. You must not share your account access with any third party.
  • Unauthorised Access: You agree to immediately notify us of any suspected unauthorised use of your account or any security breach.
  • Single Account: You may not open duplicate or multiple accounts for the purpose of circumventing regulatory limits or trading restrictions.
Amyra Securities complies with SEBI's Central KYC (CKYC) registry requirements. Your KYC records may be shared with CKYC in accordance with regulatory mandates.
05

User Obligations & Prohibited Conduct

By using our platform, you agree to abide by all applicable laws, regulations, and exchange rules. The following conduct is strictly prohibited:

🚫
Market Manipulation
Creating artificial volumes, spoofing, or engaging in any form of price manipulation
📵
Insider Trading
Trading on non-public material information in violation of SEBI (PIT) Regulations
🔓
Unauthorised Access
Attempting to access systems, accounts, or data without authorisation
🤖
Automated Scraping
Using bots, scrapers, or automated tools to extract data from our platform
⚠️
False Information
Submitting fraudulent or misleading documents, statements, or identity information
💸
Money Laundering
Using our platform to launder proceeds of crime or evade tax obligations

Violation of these prohibitions may result in immediate account suspension, reporting to regulatory authorities including SEBI and law enforcement agencies, and legal action.

06

Investment Risk Disclosure

Investing in securities markets involves inherent risks. By using our services, you acknowledge and accept the following risk disclosures:

  • Market Risk: The value of investments can go up or down. Past performance of any security, scheme, or strategy does not guarantee future results.
  • Derivatives Risk: Futures and Options are complex instruments and carry a high degree of risk. F&O trading may result in losses exceeding your initial margin or investment.
  • Liquidity Risk: Some securities may be illiquid or thinly traded, making it difficult to exit positions at desired prices.
  • Regulatory Risk: Changes in laws, regulations, or tax treatment may adversely affect the value of your investments.
  • Technology Risk: Trading platform downtime, internet connectivity issues, or technical failures may affect order execution. Amyra Securities shall not be liable for losses arising from such events beyond our reasonable control.
  • Advisory Disclaimer: Any research reports, market insights, or investment ideas provided are for informational purposes only and do not constitute personalised financial advice unless explicitly stated under a registered advisory agreement.
Important: You are encouraged to carefully consider your investment objectives, risk tolerance, and financial situation before investing. Please consult a qualified financial advisor if needed. Amyra Securities does not guarantee returns or protection of principal.
07

Fees & Charges

Our fee structure is transparent and disclosed upfront. By using our services, you agree to pay all applicable fees and charges:

Charge TypeDescriptionApplicability
Brokerage Commission on executed trades as per our published brokerage schedule All trades
STT / CTT Securities Transaction Tax / Commodities Transaction Tax as mandated by GoI Statutory — all trades
Exchange Transaction Charges Fees levied by NSE / BSE on each transaction All exchange trades
GST 18% GST applicable on brokerage and platform fees Statutory
DP Charges Depository participant charges per debit transaction from demat account Delivery sells
Advisory Fees Fees for investment advisory services as agreed in your advisory agreement Subscribed clients

Detailed brokerage schedules are available on our website. We reserve the right to revise our fee schedule with prior notice as required by applicable regulations.

08

Intellectual Property

All content on the Amyra Securities website and platform — including but not limited to text, graphics, logos, icons, research reports, data feeds, software, and design elements — is the exclusive property of Amyra Securities or its content licensors and is protected under the Copyright Act, 1957 and other applicable Indian intellectual property laws.

  • Permitted Use: You may access and view content for personal, non-commercial purposes only.
  • Restrictions: You may not reproduce, distribute, modify, create derivative works from, publicly display, or commercially exploit any content without prior written consent from Amyra Securities.
  • Research Reports: Research and analysis published by us is intended solely for the recipient client and may not be redistributed or published without authorisation.
  • Trademarks: "Amyra Securities" and associated logos are proprietary trademarks. Unauthorised use is strictly prohibited.
Any unauthorised use of our intellectual property may result in legal action including injunctions and claims for damages under applicable Indian law.
09

Limitation of Liability

To the fullest extent permitted by applicable law, Amyra Securities, its directors, officers, employees, and agents shall not be liable for:

  • Investment Losses: Any loss of capital or profit arising from investment or trading decisions made by you, based on information or services provided through our platform.
  • System Outages: Losses arising from platform downtime, technical errors, or internet failure beyond our reasonable control.
  • Third-Party Actions: Actions or omissions of exchanges, depositories, clearing corporations, banks, or other third-party service providers.
  • Force Majeure: Events beyond our control including natural disasters, pandemics, war, regulatory action, or market suspensions.
  • Indirect Damages: Any indirect, incidental, consequential, or punitive damages arising from your use of or inability to use our services.
In no event shall the aggregate liability of Amyra Securities to you for any claims under these Terms exceed the total fees paid by you in the six (6) months preceding the claim. This limitation applies to all causes of action in aggregate.
10

Indemnification

You agree to indemnify, defend, and hold harmless Amyra Securities and its affiliates, officers, directors, employees, agents, and successors from and against any and all claims, losses, damages, liabilities, costs, and expenses (including legal fees) arising from:

  • Your violation of these Terms or any applicable law or regulation
  • Your use or misuse of our platform, services, or content
  • Any misrepresentation made by you during registration, KYC, or service use
  • Any third-party claims arising from your conduct while using our services
  • Unauthorised access to your account due to your failure to maintain credential security

This indemnification obligation shall survive termination of your account and these Terms.

11

Termination

Either party may terminate the client relationship and these Terms subject to applicable regulations and contractual obligations:

  • By You: You may request account closure at any time by submitting a written request to us, provided all outstanding dues, margin obligations, and open positions are settled in full.
  • By Us — With Notice: We may terminate or suspend your account with reasonable notice for business or regulatory reasons.
  • By Us — Immediately: We may immediately suspend or terminate your account without notice in cases of fraud, regulatory breach, market manipulation, false documentation, or legal proceedings against you.
  • Post-Termination: Upon closure, we will settle your holdings and balances as per regulatory timelines. Regulatory data retention obligations (see our Privacy Policy) continue beyond termination.
Termination does not relieve you of any obligations incurred prior to the date of termination, including outstanding payment of fees, charges, or settlement obligations.
12

Governing Law & Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of the Republic of India. Any dispute, controversy, or claim arising out of or in connection with these Terms or your use of our services shall be resolved as follows:

  • Grievance Redressal: In the first instance, disputes shall be raised with our Grievance Officer, who will endeavour to resolve them within 30 business days.
  • SEBI SCORES: If unresolved, you may escalate to SEBI through the SCORES (SEBI Complaint Redress System) portal at scores.gov.in.
  • Exchange Arbitration: Disputes relating to trades executed on NSE or BSE may be referred to the respective exchange's investor grievance mechanism and arbitration panel.
  • Jurisdiction: For any legal proceedings not subject to arbitration, the courts of competent jurisdiction shall be those located in the city where our registered office is situated.
Amyra Securities is committed to fair and timely resolution of client grievances. We are registered with the SEBI Investor Grievance Redressal System and comply with all applicable grievance handling timelines.
13

Amendments to Terms

Amyra Securities reserves the right to amend, update, or replace these Terms of Service at any time to reflect changes in our business, services, or applicable regulatory requirements. When material changes are made, we will:

  • Post the revised Terms on this page with an updated "Last Updated" date
  • Notify registered clients by email or through our client portal where required by regulation
  • Display a prominent notification on our website for significant changes

Your continued use of our platform and services after the revised Terms are posted constitutes your acceptance of those changes. If you do not agree with the revised Terms, you must discontinue use of our services and submit an account closure request.

14

Contact Us

For any questions, concerns, or grievances regarding these Terms of Service or your account, please contact our Grievance Officer through any of the following channels:

Amyra Securities
Within 30 business days
If you remain dissatisfied with our resolution, you may escalate to SEBI via scores.gov.in, or approach the appropriate investor grievance panel of NSE or BSE for trade-related disputes.

© 2025 Amyra Securities. All rights reserved.
This document constitutes the official Terms of Service of Amyra Securities.