This Service Agreement (the “Agreement”) governs your use of the website, www.farsightshares.com (the “Website”), being run and maintained by Farsight Securities Limited (Farsight).
Farsight offers stock broking and allied financial services available on this Website. This Agreement includes and incorporates by this reference, the policies and guidelines referenced below, which governs the use of this website. Farsight reserves the right to change or revise the terms and conditions of this Agreement at any time by posting any changes or a revised Agreement on this Website. Farsight will sent alerts to you that changes or revisions have been made by indicating on the top of this Agreement and the date on which it has been revised last. The modified or revised Agreement will be effective immediately after it has been posted on this Website. Your use of the Website following the posting of any such modifications or of a revised Agreement will constitute your acceptance of any such modifications or revisions. The stock broking services are governed and regulated by SEBI and basic terms and conditions of provisions of the services has been laid down by SEBI and the Exchanges, which will automatically become enforceable from the date mandated by the SEBI / Exchanges without any further act by us. Similarly, other services like POP services under National Pension Schemes are governed by PFRDA. To provide better and seemless services to clients various services and platforms have been integrated on this site. The terms and conditions of use of those services are governed by respective service providers.
Farsight encourages you to review this Agreement whenever you visit the Website to make sure that you understand the terms and conditions governing use of the Website. This Agreement does not alter in any way the terms or conditions of any other written agreement you may have with Farsight for other services. If you do not agree to this Agreement (including any referenced policies or guidelines), please immediately terminate your use of the Website. If you would like to print this Agreement, please click the print button on your browser toolbar.
We, the Farsight Securities Limited are in the business of share broking and allied financial services. The client funds are kept in separate bank accounts and cannot be used except for the benefit of the client. We charge commission/brokerage on the basis of trade value as decided and agreed upon with the clients. The rate of such commission/brokerage can vary depending upon the volume, creditability, margin, standing, etc. The various services provided for onboarding the clients and maintaining their Demat Accounts are also on the basis of specific agreement with individual clients. The overall ceiling of brokerage etc. are governed by the SEBI / Exchanges whereas, certain out of pocket expenses, annual maintenance of Demat Account are decided by the company and are binding upon the users. As such there will be hardly any case where any refund will be payable to any user of this website. The company may offer Advance Brokerage Module depending upon various volume levels. Such advance brokerage is not refundable if client has done any transaction during that month/period. However, if there are no transactions, Farsight may allow one rollover to next month only.
Liabilities under this agreement are limited to the amount actually remitted OR Rs. 10 lac Whichever is less. There will be No liabilities with regards to consequences of Loss or Profit.