Terms & Conditions
Last updated: 2025
Welcome to FirstDemat. By accessing or using our website, products, or services, you agree to be bound by the following Terms & Conditions. Please read them carefully before proceeding.
1. About Us
AS Bullishify Private Limited (“FirstDemat”, “we”, “our”, or “us”) is a SEBI-registered stockbroker and Depository Participant with NSDL, and is a member of NSE, BSE, and MCX.
These Terms & Conditions govern your access to and use of our website, mobile applications, trading platforms, and all related services provided by FirstDemat.
2. Eligibility & Account Opening
You must be at least 18 years of age and legally competent to enter into a binding contract under the Indian Contract Act, 1872, in order to open an account or use our services.
Account opening is subject to successful completion of Know Your Customer (KYC) verification and other regulatory requirements as prescribed by SEBI and exchanges.
FirstDemat reserves the right to suspend or terminate your account if any information provided is found to be false, misleading, incomplete, or non-compliant with regulatory requirements.
3. Investments & Risk
Investments in the securities market are subject to market risks. Please read all related documents carefully before investing.
Past performance is not indicative of future results. FirstDemat does not guarantee or assure any returns on investments.
FirstDemat does not provide investment advice, stock tips, research recommendations, or guaranteed returns.
4. Orders, Margins & Execution
All orders placed through FirstDemat’s platforms are executed on a best-effort basis and are subject to market conditions and exchange rules.
FirstDemat shall not be responsible for any losses arising from system downtime, internet connectivity issues, exchange outages, or technical disruptions.
With effect from September 1, 2020, margins are accepted only by way of pledge of securities in the depository system, as per SEBI guidelines.
Failure to maintain sufficient margins may result in square-off of positions or penalties, as per exchange and regulatory norms.
5. Account Security
You are responsible for maintaining the confidentiality of your trading credentials.
FirstDemat shall not be liable for losses arising from unauthorized or fraudulent transactions carried out using your credentials.
You must immediately report any suspicious or unauthorized activity to FirstDemat.
6. Communications
By registering with FirstDemat, you consent to receive communications via SMS, email, phone calls, or electronic means regarding your account, transactions, services, and regulatory updates.
Your personal and financial information is handled in accordance with our Privacy Policy.
7. Third-Party Links
Our website may contain links to third-party websites or services. FirstDemat is not responsible for the content, accuracy, security, or reliability of any third-party site.
8. Regulatory Compliance & Grievances
FirstDemat is duly registered with SEBI and authorized to operate as a stockbroker and depository participant.
Details relating to regulatory disclosures, investor grievance redressal mechanisms, and contact information are available on our Contact Us page.
9. Changes to These Terms
FirstDemat reserves the right to modify or update these Terms & Conditions at any time without prior notice.
Continued use of our services after such changes constitutes your acceptance of the revised Terms.
10. Governing Law
These Terms & Conditions shall be governed by and construed in accordance with the laws of India.
© 2025 AS Bullishify Private Limited. All rights reserved.