Terms of Service
Please read these terms carefully before using EquityTerminal.net
1. Acceptance of Terms
By accessing or using EquityTerminal (the "Platform"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, do not use the Platform.
These Terms constitute a legally binding agreement between you and EquityTerminal. Your continued use of the Platform signifies your acceptance of these Terms and any future modifications.
You must be at least 18 years of age to use this Platform. By using EquityTerminal, you represent and warrant that you are 18 years or older.
2. Service Description
EquityTerminal is a subscription-based data analytics platform that provides:
Momentum screening
Stage 2 technical analysis and performance tracking
Stock watchlist and tracking capabilities
ET Scoring Methodology™ proprietary analytical methodology
The Platform is a data analytics and research tool. It is NOT:
A SEBI-registered investment adviser or research analyst
A provider of personalized investment recommendations
A trading platform or broker
A guarantee of investment returns or performance
3. No Investment Advice Disclaimer
IMPORTANT: EquityTerminal is NOT a SEBI-registered investment adviser or research analyst.
Nothing on this Platform constitutes investment advice, recommendations, or solicitation to buy or sell any securities. All information, analytics, and data provided are for informational and educational purposes only.
You are solely responsible for your investment decisions. We strongly recommend consulting with a SEBI-registered investment adviser before making any investment decisions.
The Platform's analytics, including ET™ methodology and Stage 2 indicators, are technical tools for research purposes and NOT trading signals or recommendations.
4. Payment Terms
4.1 Purchase Model
EquityTerminal operates on a Purchase-only model. Pricing are displayed on our website.
4.2 Payment Processing
All payments are processed securely through Razorpay, a PCI DSS compliant payment gateway. By purchasing, you authorize EquityTerminal to charge your selected payment method for the billing fees.
4.3 Billing Cycle
Purchases are billed depending on your selected plan.
4.4 Refund Policy
Refunds are handled on a case-by-case basis. To request a refund, contact us at contact@EquityTerminal.in within 7 days of your initial purchase or renewal. Refunds are not guaranteed and are at our sole discretion.
Refunds are not applicable on discounted or special-offer purchases (for example, festive campaigns, launch pricing, or promotional bundles such as "20% off + 1 free month"). By purchasing under any such promotional offer, you acknowledge and agree that the purchase is final and non-refundable. The 7-day money-back guarantee applies only to standard, full-price bill.
4.5 Price Changes
We reserve the right to modify pricing. Existing purchasers will be notified of price changes at least 30 days in advance. Continued use after price changes constitutes acceptance of the new pricing.
5. User Obligations
As a user of EquityTerminal, you agree to:
Provide accurate and complete registration information
Maintain the security and confidentiality of your account credentials
Not share your account access with others
Use the Platform only for lawful purposes
Not attempt to reverse engineer, scrape, or extract data from the Platform
Not use the Platform to make unauthorized investment recommendations to others
Comply with all applicable laws and regulations
Notify us immediately of any unauthorized use of your account
You are responsible for all activities that occur under your account.
6. Prohibited Uses
You may NOT use EquityTerminal to:
Provide investment advice or recommendations to third parties without proper SEBI registration
Scrape, copy, or redistribute Platform data or content
Reverse engineer or attempt to extract our proprietary algorithms
Use automated systems or bots to access the Platform
Resell or commercialize access to the Platform
Violate any applicable securities laws or regulations
Interfere with or disrupt the Platform's operation
Upload malicious code or conduct security attacks
Impersonate others or misrepresent your affiliation
Use the Platform for market manipulation or illegal trading activities
Violation of these prohibitions may result in immediate account termination and legal action.
7. Intellectual Property
7.1 Platform Ownership
All content, features, functionality, software, designs, graphics, and trademarks on the Platform are owned by EquityTerminal and protected by Indian and international intellectual property laws.
7.2 Proprietary Methodology
ET Scoring Methodology™ is a proprietary analytical methodology developed by EquityTerminal. Unauthorized use, reproduction, or disclosure of our proprietary methods is strictly prohibited.
7.3 Limited License
Your subscription grants you a limited, non-exclusive, non-transferable license to access and use the Platform for personal, non-commercial purposes only. This license does not include rights to:
Reproduce or redistribute Platform content
Create derivative works from Platform data or analytics
Use Platform data for commercial purposes
License, sell, or transfer your access to others
8. Limitation of Liability
IMPORTANT: Please read this section carefully as it limits our liability.
8.1 No Liability for Trading Losses
EquityTerminal shall NOT be liable for any trading losses, investment decisions, or financial outcomes resulting from your use of the Platform.
You acknowledge that:
Stock market investments carry inherent risks
Past performance does not guarantee future results
You are solely responsible for your investment decisions
The Platform provides analytics, not advice
8.2 Data Accuracy
While we strive for accuracy, we do not guarantee that all data on the Platform is 100% accurate, complete, or current. Data is sourced from third-party providers (NSE, BSE) and may contain errors or delays.
8.3 Service Availability
We do not guarantee uninterrupted or error-free Platform operation. We are not liable for service disruptions, downtime, or technical issues.
8.4 Maximum Liability
To the maximum extent permitted by law, EquityTerminal's total liability to you for any claims arising from these Terms or Platform use shall not exceed the amount you paid for your subscription in the 12 months preceding the claim.
8.5 Disclaimer of Warranties
THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. EquityTerminal DISCLAIMS ALL WARRANTIES INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.
9. Service Modifications
We reserve the right to modify, suspend, or discontinue any aspect of the Platform at any time, including:
Adding or removing features
Changing subscription plans or pricing
Modifying analytical methodologies
Updating data sources or coverage
Temporarily suspending service for maintenance
We will make reasonable efforts to notify users of significant changes. Continued use after modifications constitutes acceptance of the changes.
We also reserve the right to modify these Terms at any time. Material changes will be communicated via email or Platform notification. Your continued use after such changes constitutes acceptance.
10. Termination
10.1 Termination by You
You may cancel your subscription at any time through your account settings or by contacting us. Cancellation will be effective at the end of your current billing period.
10.2 Termination by Us
We may suspend or terminate your account immediately, without notice, if you:
Violate these Terms
Engage in prohibited uses
Fail to pay subscription fees
Provide false or misleading information
Engage in fraudulent or illegal activity
10.3 Effect of Termination
Upon termination, your access to the Platform will cease immediately. We are not obligated to retain or provide copies of your data after termination. Downloaded or cached data must be deleted.
11. Governing Law & Jurisdiction
These Terms shall be governed by and construed in accordance with the laws of India, without regard to conflict of law principles.
Any disputes arising from these Terms or Platform use shall be subject to the exclusive jurisdiction of the courts of Mumbai, India.
You irrevocably consent to the jurisdiction and venue of such courts and waive any objections to such jurisdiction or venue.
12. Contact & Grievance Redressal
For questions, complaints, or grievances regarding these Terms or the Platform, please contact us:
EquityTerminal
Email: customercare@EquityTerminal.in
Website: EquityTerminal.in
We are committed to resolving complaints promptly. We will acknowledge receipt of your complaint within 48 hours and provide a resolution within 15 business days.z
These Terms were last updated on August 29, 2026. We recommend reviewing these Terms periodically for any changes.
Legal Disclaimer
Please read these Legal Disclaimer carefully before using EquityTerminal.net
IMPORTANT: Please Read Carefully
EquityTerminal is a data analytics platform for research and educational purposes only. We are NOT a SEBI-registered investment adviser or research analyst. Nothing on this platform constitutes investment advice or recommendations. You are solely responsible for your investment decisions and their outcomes.
1. Not Investment Advice
EquityTerminal provides data analytics and research tools, NOT personalized investment advice or recommendations.
All information, analytics, data, and content on this Platform are provided for informational and educational purposes only. They do NOT constitute:
Investment advice or recommendations
Buy or sell signals for specific securities
Personalized financial planning
Tax, legal, or accounting advice
A guarantee of investment returns or performance
You should NOT rely on Platform data as the sole basis for investment decisions. Always conduct your own research and consult with qualified financial professionals.
2. No SEBI Registration
EquityTerminal is NOT registered with the Securities and Exchange Board of India (SEBI) as an Investment Adviser or Research Analyst.
Under SEBI regulations:
Only SEBI-registered entities can provide personalized investment advice
Only SEBI-registered research analysts can issue research reports with buy/sell recommendations
EquityTerminal does NOT provide such services and is NOT required to be SEBI-registered
If you seek personalized investment advice or specific stock recommendations, please consult a SEBI-registered Investment Adviser (RIA) or Research Analyst.
You can find SEBI-registered advisers at: SEBI's official website
3. Market Risk Warning
Stock market investments are subject to market risks. You may lose some or all of your invested capital.
Important risk considerations:
Market Volatility: Stock prices can fluctuate significantly due to market conditions, economic factors, or company-specific events
Past Performance: Historical performance data does NOT guarantee future results
No Guarantees: There are no guaranteed returns in stock market investing
Loss of Capital: You may lose part or all of your investment
Individual Circumstances: Investment suitability depends on your risk tolerance, financial situation, and goals
Before investing, carefully assess your financial situation, risk appetite, and investment objectives. Consider consulting a qualified financial adviser.
4. Data Accuracy & Limitations
4.1 Third-Party Data
Platform data is sourced from third-party providers, including stock exchanges (NSE, BSE) and market data vendors. While we strive for accuracy, we do NOT guarantee that all data is:
100% accurate or complete
Real-time or up-to-date at all times
Free from errors, omissions, or delays
4.2 Data Delays
Stock price and market data may be delayed by 15-20 minutes or more, depending on data provider policies and technical factors.
4.3 User Responsibility
You are responsible for verifying all data before making investment decisions. Always cross-reference Platform data with official exchange sources or your broker.
5. No Liability for Investment Losses
EquityTerminal shall NOT be held liable for any trading losses, investment decisions, or financial outcomes.
By using this Platform, you acknowledge and agree that:
You are solely responsible for your investment decisions
EquityTerminal does not direct, manage, or control your trading activities
Any losses incurred from investments are your sole responsibility
We are not liable for missed opportunities, delayed data, or system downtime
We are not liable for errors in analytics, calculations, or data presentation
To the maximum extent permitted by law, EquityTerminal disclaims all liability for direct, indirect, incidental, consequential, or punitive damages arising from your use of the Platform.
6. Educational Purpose
EquityTerminal is designed as an educational and research tool to help users:
Learn about stock market analysis and technical indicators
Understand Relative Strength (RS) methodology
Explore Stage 2 technical analysis concepts
Conduct independent research on all NSE stocks
Track market trends and sector performance
Educational content is provided for learning purposes only and should not be construed as investment advice or a recommendation to adopt any particular investment strategy.
7. Consult Qualified Professionals
We strongly recommend consulting SEBI-registered professionals before making investment decisions.
Consider consulting:
SEBI-registered Investment Adviser (RIA): For personalized investment advice tailored to your financial situation
SEBI-registered Research Analyst: For detailed research reports with buy/sell recommendations
Chartered Accountant (CA): For tax planning and compliance
Financial Planner: For comprehensive financial planning
Professional advice can help you make informed decisions aligned with your risk tolerance, financial goals, and personal circumstances.
8. No Guarantees or Promises
EquityTerminal makes NO guarantees, promises, or warranties regarding:
Investment returns or profitability
Accuracy of stock screening results
Performance of stocks identified by our analytics
Timing of market entries or exits
Success rates of any particular strategy or methodology
Future stock price movements
The stock market is inherently unpredictable. Historical data and analytics cannot predict future outcomes with certainty.
9. Platform Availability & Uptime
While we strive to provide reliable service, we do NOT guarantee:
100% uptime or uninterrupted access to the Platform
Error-free operation at all times
Availability during critical market events
Immediate resolution of technical issues
The Platform may experience downtime for maintenance, technical issues, or unforeseen circumstances. We are not liable for losses or missed opportunities due to service disruptions.
For time-sensitive trading decisions, do NOT rely solely on this Platform. Always have backup data sources and tools.
10. Third-Party Content & Links
The Platform may contain links to third-party websites, including:
EquityTerminal's Substack newsletter
Social media profiles (Twitter, LinkedIn)
Stock exchange websites (NSE, BSE)
Educational resources and articles
We are NOT responsible for the content, accuracy, or privacy practices of third-party websites. Links are provided for convenience only and do not imply endorsement.
Use third-party websites at your own risk and review their terms and privacy policies.
11. ET Scoring™ Methodology
ET Scoring™ Methodology is EquityTerminal's proprietary analytical methodology for stock screening and analysis. Please note:
ET Scoring™ Methodology is a research framework, NOT a guaranteed trading system
It is designed for educational and analytical purposes
Results may vary based on market conditions and individual interpretation
Past performance of stocks identified by ET Scoring Methodology™ does not guarantee future results
The methodology may be updated or refined over time
ET Scoring Methodology™ should be used as ONE of many tools in your research process, not as the sole basis for investment decisions.
12. Stage 2 Analytics
Stage 2 analysis is a technical indicator based on price action and trends. Important disclaimers:
Stage 2 is a technical classification tool, NOT a trading signal
It does not predict future stock performance
Stocks in Stage 2 may decline, and stocks in other stages may outperform
Stage transitions are based on historical data and may lag real-time changes
No guarantee that Stage 2 stocks will continue trending upward
Use Stage 2 analytics as a research filter, not as buy/sell recommendations.
13. Tax Implications
EquityTerminal does NOT provide tax advice. You are responsible for understanding and complying with:
Capital gains tax obligations on stock investments
Short-term vs. long-term capital gains taxation
Dividend income tax implications
Tax filing requirements and deadlines
Applicability of Securities Transaction Tax (STT)
Consult a Chartered Accountant or tax professional for personalized tax advice.
14. Forward-Looking Statements
Any statements about future market trends, stock performance, or Platform features are forward-looking and subject to uncertainty. Such statements:
Are based on current information and assumptions
May not materialize as expected
Do not constitute promises or guarantees
Should not be relied upon for investment decisions
Actual outcomes may differ materially from forward-looking statements due to market volatility, economic changes, or unforeseen events.
15. Contact Information
If you have questions about this Disclaimer or the Platform, please contact us:
EquityTerminal
Email: customercare@EquityTerminal.in
Website: EquityTerminal.in
This Disclaimer was last updated on August 29, 2026. We recommend reviewing this page periodically for any updates.
By using EquityTerminal, you acknowledge that you have read, understood, and agreed to this Disclaimer.