Terms & Conditions

Gill Broking

This page contains important information regarding the terms and conditions which apply to your trading and demat account with Gill Broking Private Limited (hereinafter referred to as Gill Broking). Gill Broking, being a Trading Member of NSE and MCX, registered with Securities & Exchange Board of India (“SEBI”) and having Registration No. INZ000168338 for Cash/Derivatives/Currency Derivatives/Commodity Derivatives segments of NSE & MCX. The Depository services for your account will be enabled through Gill Broking Private Limited, a Depository Participant using CDSL as the Depository having SEBI Registration no.: IN-DP-587- 2021. Access to your account and the usage of your account is subject to your compliance with all the terms and conditions set forth herein, read along with all documents, including but not limited to; applications forms and undertakings, signed by you during account opening. Please read this page carefully and retain it for future reference. The website is owned, operated and maintained by Gill Broking Private Limited, a Company incorporated under the Companies Act having CIN: U67190DL2017PTC324293, and having its Registered Office @ B-98-99, Third Floor, Lajpat Nagar-I, New Delhi 110024 Please note that the information contained herein is subject to change without notice. The Client agrees that all trading & investment decisions are based on the Client’s own evaluation of financial circumstances and investment objectives. This extends to any decisions made by the Client on the basis of any information that may be made available on the web site of Gill Broking .The Client will not hold nor seek to hold Gill Broking or any of its officers, directors, partners, employees, agents, subsidiaries, affiliates or business associates liable for any trading losses, cost of damage incurred by the Client. The Client should seek independent professional advice regarding the suitability of any investment decisions. The Client also acknowledges that employees of Gill Broking are not authorized to give any such advice and that the Client will not solicit or rely upon any such advice from Gill Broking or any of its employees.

Important Information

Gill Broking will provide the client with a username and a trading password which will enable him to avail of the facilities of Online Trading through the Gill Broking website/Application, over the telephone or in any such other manner as may be permitted by Gill Broking for availing of the services. Gill Broking also provide the client with the username and password for accessing its back-office for various reports, transactions etc.

All terms regarding the use, reset and modification of such password shall be governed by information on the website. Our trading system have a Two-Factor authentication (2FA) secure system for every client to enter into their login ID using their Client ID and Password, along with a OTP which you will receive on registered Email & mobile number registered with us at the time of opening the account. This 2FA mechanism is set in place as per SEBI & Exchange guidelines with respect to Internet Based Trading Rules.

Each Gill Trade 2.0 or Gill Broking trading platform Password has a 2FA system in place for a secure login experience by each client. After a client enters his/her Client ID, he/she is required to enter his/her (i) Password; and (ii) a unique OTP generated on daily basis which will be sent via EMAIL/SMS to the Client him/herself . A system generated secure password is sent & 2FA are sent to all clients along with the welcome email while opening an account. Upon first login to trading platform it ask to change the password. This Password set by each client, is unique to him/her, and is not known to anybody else apart from the client him/herself. Passwords and OTP credentials are privileged information, and must be kept in high secrecy by each client and not shared with anybody else.

Password can be reset by the You at any point of time, by selecting the ‘Forgot Password’ link under the login area of website/Application. As soon as You select the ‘Forgot Password’ link along with details ,a system generated secure password is sent to Your registered EMAIL/SMS, where the same process of setting a unique password is followed. The Client shall be responsible for keeping the Username ,Password & OTP confidential and secure and shall be solely responsible for all orders entered and transactions done by any person whosoever through Gill Broking Online Trading System using the Client’s Username and/or Password whether or not such person was authorized to do so.

The Client agrees that he shall be fully liable and responsible for any and all unauthorized use and misuse of his Password and/or Username and also for any and all acts done by any person through Gill Broking Online Trading platform on the Client’s Username in any manner whatsoever.

The Client shall immediately inform Gill Broking of any unauthorized use of the Client’s Username or Password with full details of such unauthorized use including the date of such unauthorized use, the manner in which it was unauthorized used, the transactions effected pursuant to such unauthorized use, etc.

Disclaimer...

Prevent Unauthorized Transactions in your Trading / Demat account -- Update your Mobile Numbers / email IDs with your Stock Brokers / Depository Participant. Receive alerts on your Registered Mobile / email IDs for trading account transactions and all debit and other important transactions in your demat account directly from Exchange / CDSL on the same day issued in the interest of Investors.

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not to undergo the same process again when you approach another intermediary.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize our bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020.

Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month