Regulatory & Compliance

1.Purpose of This Notice

This Regulatory & Compliance notice explains, plainly, what StockYatra is and is not, and our position with the securities regulators and stock exchanges of the markets we simulate — Nepal, India and the United States. It forms part of, and must be read together with, our Terms of Use and Risk Disclaimer.

1. 1.1We publish this notice so there is no room for confusion about the nature of the Service. StockYatra is a place to learn about markets by practising, not a place to invest real money.
2. 1.2"StockYatra", "we", "us" and "our" refer to the StockYatra product operated by Lacspace Corporation Pvt. Ltd. "The Service" means the StockYatra website, mobile apps, and any related feature or content.
3. 1.3If anything in this notice appears to conflict with marketing copy, an app screen, or a third party's description of StockYatra, this notice and the Terms of Use govern.

2.What StockYatra Is

1. 2.1StockYatra is an educational paper-trading simulator — a learning tool. It lets you practise trading strategies, track a virtual portfolio, and study how markets behave, using simulated prices and virtual money only. The Service currently simulates three markets — Nepal (NEPSE-listed securities, in Nepali rupees), India (NSE-listed securities, in Indian rupees) and the United States (US-listed stocks, in US dollars, labelled "Forex" in the Service) — and may add others.
2. 2.2Trading on StockYatra is a simulation. Balances, positions, profits and losses are educational figures with no real-world value; they cannot be withdrawn, redeemed or converted into money or securities.
3. 2.3Features such as short-selling and intraday trading exist only as simulated teaching tools. They illustrate how those concepts work — they do not facilitate any real short-selling, margin or leverage.
4. 2.4"Forex" is a product label for the simulated US-stocks market only. StockYatra does not offer or facilitate any real foreign-exchange, currency, CFD or derivatives trading, and any currency conversion shown in the Service is a simulated rate applied to virtual coins — no real currency is bought, sold or exchanged.

3.What StockYatra Is Not

StockYatra is not, and does not operate or hold itself out as, any of the following:

1. 3.1StockYatra is not a regulated securities business of any kind, including:
   • a securities broker or dealer;
   • a merchant banker, market maker, or securities dealer;
   • a stock exchange or trading platform for real securities;
   • a portfolio or asset manager;
   • a collective investment scheme, mutual fund or fund manager;
   • an investment adviser or research analyst;
   • a depository, depository participant, or custodian.
2. 3.2We do not perform, offer or arrange any of the licensed activities above, and nothing on the Service should be read as us doing so.

4.No Real Securities Transactions

1. 4.1StockYatra does not buy, sell, subscribe for, or deal in any real securities on your behalf or at all.
2. 4.2There is no real order routing. Nothing you do on the Service places, matches, clears or settles an order on NEPSE, NSE, NYSE, NASDAQ or any other exchange or market.
3. 4.3Every trade you see is executed inside our simulation against simulated or delayed data. It has no effect on any real market, price or security.

5.No Client Funds or Securities Held

1. 5.1We do not hold, control or manage client money for investment, and we do not hold any securities for you. StockYatra is not a custodian and operates no client or trust account for securities.
2. 5.2Where you make an optional purchase, any amount is handled as payment for in-app educational services through our payment providers — not as an investment, deposit or client balance under securities law. See the Refund Policy for how purchases are treated.
3. 5.3"Coins" and virtual trading balances are in-app educational currency with no monetary value; they are non-withdrawable and not redeemable for real money or securities.

6.Not Registered, Licensed or Endorsed by Any Regulator or Exchange

1. 6.1StockYatra is not registered with, licensed by, authorised by, or supervised by the Securities Board of Nepal (SEBON) or the Nepal Stock Exchange (NEPSE); the Securities and Exchange Board of India (SEBI) or the National Stock Exchange of India (NSE); the US Securities and Exchange Commission (SEC), the New York Stock Exchange (NYSE) or Nasdaq; or any other regulator or exchange in any country.
2. 6.2None of these regulators or exchanges has reviewed, approved, sponsored or endorsed StockYatra, its content, or any simulated result it produces. No such approval or endorsement should be inferred from any part of the Service.
3. 6.3Because StockYatra conducts no real securities business, it does not require and does not hold a securities licence, registration or exchange membership in Nepal, India, the United States or anywhere else.

7.Nominative Use of Names, Indices and Symbols

1. 7.1"NEPSE", "NSE", "NYSE", "NASDAQ", the names of indices, and individual company names and stock symbols are used nominatively — that is, only to identify the real-world markets that our educational simulation refers to.
2. 7.2This use does not imply any affiliation with, sponsorship by, partnership with, or endorsement by NEPSE, SEBON, NSE, SEBI, NYSE, Nasdaq, the SEC, any index provider, or any listed company. All such names, marks and symbols remain the property of their respective owners.
3. 7.3Prices and data shown for these names are simulated to resemble the relevant market, or delayed, and are provided for education only — they are not a live, official or authoritative feed.

8.No Solicitation or Distribution of Securities

1. 8.1Nothing on StockYatra is an offer, invitation, solicitation, recommendation or inducement to buy, sell, subscribe for, or deal in any security, fund unit, IPO or financial product.
2. 8.2We do not distribute, underwrite, place or market any securities, and we do not act as an agent or intermediary for anyone who does.
3. 8.3Any reference to real companies, IPOs or instruments is descriptive and educational, and must not be relied on as a basis for a real investment decision.

9.Educational Content Only

1. 9.1Articles, guides, tooltips, in-app explanations and community material are general educational information. They are not a prospectus, offer document, research report or investment recommendation.
2. 9.2Nothing on StockYatra is investment, financial, legal or tax advice, and none of it is tailored to your personal circumstances, objectives or risk tolerance.
3. 9.3Before making any real financial decision, do your own research and consider seeking advice from a licensed professional. See the Risk Disclaimer for the full position.

10.Optional Purchases & Anti-Abuse

1. 10.1Some features may be offered as optional paid services. Payments are processed by third-party payment providers, and any deposited value is verified before it is applied to your account.
2. 10.2We apply reasonable anti-fraud, anti-money-laundering and anti-abuse measures — such as verification, limits and monitoring — to protect the Service and its users.
3. 10.3These measures support the integrity of an educational product. They do not make StockYatra a provider of financial, payment or securities services, and we do not offer any such regulated service.

11.Jurisdiction & Responsible Use

1. 11.1StockYatra is built and operated in Nepal. Although it simulates Indian and US markets as well as NEPSE, the Service is governed by the laws of Nepal, and disputes are subject to the courts of Kathmandu, Nepal, as set out in the Terms of Use.
2. 11.2We make no representation that the Service is appropriate or available for use in any particular place. If you access it from elsewhere, you do so on your own initiative.
3. 11.3You are responsible for complying with the laws, regulations and tax rules that apply to you. Access is not permitted where it would be unlawful.

12.Reporting a Concern or Regulatory Query

1. 12.1If you have a regulatory question, or believe any part of the Service is being described or used in a way that misstates its nature, contact us at legal@stockyatra.com.
2. 12.2Please include enough detail for us to understand and investigate the concern. We review such queries in good faith, though we cannot guarantee any particular outcome or timeframe.
3. 12.3Complaints about your own account or a dispute may also be raised through our Grievance & Dispute Resolution process.

13.Changes to This Notice

1. 13.1We may update this notice from time to time. The current version is always the one published at stockyatra.com/legal/regulatory-compliance, and the effective date at the top reflects the latest revision.
2. 13.2Material changes will be notified through the Service or by other reasonable means. Continued use after a change means you accept the updated notice.

14.Contact

1. 14.1Regulatory and compliance queries: legal@stockyatra.com. For related terms, see the Terms of Use and Risk Disclaimer.