Welcome to Sher Khan, your trusted and reliable online trading platform. By choosing to
access and use our services, you are agreeing to abide by the Terms and Conditions
outlined in this document. These rules and guidelines are designed to create a fair,
transparent, secure, and legally compliant trading environment for all users. We strongly
recommend that you read this entire document thoroughly before initiating any trading
activity on the Sher Khan platform.
Sher Khan is committed to offering a seamless, efficient, and professional trading
experience. However, to protect all stakeholders involved—including individual traders,
institutions, and the integrity of the financial markets—certain behaviors, practices, and
technologies are expressly prohibited. Violating these terms may result in immediate
consequences, including but not limited to: temporary suspension, permanent deactivation
of your trading account, financial penalties, loss of profits, forfeiture of funds, and potential
legal action under the applicable laws and regulations.
Sher Khan reserves the right to revise, amend, or update these Terms and Conditions at any
time without prior notice. It is the responsibility of the user to regularly review these terms
and remain updated. Continued use of the platform signifies your agreement with the most
current version of our policies.

🔵 1. Prohibited Practices

The use of illegal trading strategies or unethical trading practices—such as Chamka,
unauthorized “line” trading, insider trading, pump-and-dump schemes, or any other
manipulative method—is strictly forbidden. These activities violate not only Sher Khan’s
internal compliance policies but also national and international financial regulations. Users
found engaging in these practices will face immediate account suspension or permanent
deactivation, and may also be reported to relevant regulatory authorities for further
investigation.

🔵 2. Account Misuse

Each Sher Khan trading account is assigned to a single, verified user. Sharing your login
credentials or allowing any third party (including, but not limited to, unauthorized account
managers, friends, or relatives) to access or operate your account is considered a serious
breach of account integrity. Additionally, engaging in unethical practices such as
intentionally misleading the platform, using fake identity documents, or manipulating KYC
processes may lead to the permanent blocking of your account and forfeiture of any
available balance or profits.

🔵 3. Scalping

Sher Khan defines scalping as the act of entering and exiting a trade within a short duration
of five minutes or less, with the intention of exploiting minor price fluctuations. While this
may be a common strategy in certain markets, on our platform it is considered excessive
and disruptive, especially in environments with high volatility or low liquidity. All profits
generated from such trades may be subject to removal without prior notice, and repeated
offenses may result in stricter penalties or account restrictions.

🔵 4. VPN Usage

For security, transparency, and compliance purposes, usage of any Virtual Private
Network (VPN), proxy, or IP-masking service is strictly prohibited while trading on the
Sher Khan platform. VPN usage hides your actual location and identity, making it difficult for
us to ensure regulatory compliance and prevent market manipulation. If any trading activity
is detected through a VPN, the associated trades will be immediately invalidated, and the
account may be flagged for further investigation or suspended permanently.

🔵 5. Dividends and Bonuses

Sher Khan may credit your account with dividends and bonuses as per the official circulars
and guidelines issued by stock exchanges or regulatory bodies. These benefits are
distributed at our discretion and based on eligibility, transaction history, and overall trading
behavior. Please note that the terms governing dividends and bonuses may change
without notice, and Sher Khan cannot be held liable for any such changes initiated by
third-party exchanges or regulators.

🔵 6. Cross Orders

To ensure fair and unbiased trading practices, Sher Khan does not permit the use of
multiple IDs or accounts under the same IP address. Coordinated trading activities, such
as placing buy/sell orders across multiple accounts in an attempt to manipulate market
prices or generate artificial liquidity, are strictly forbidden. If such behavior is detected, all
trades may be voided, profits reversed, and accounts involved may be permanently
restricted or banned.

🔵 7. Negative Balance Protection

Sher Khan provides a negative balance protection mechanism to limit your potential
trading loss. If your account experiences rapid loss and falls into a negative balance, we
provide a safety cushion by implementing a 30% step-out level, beyond which positions
may be forcibly squared off. If your losses exceed this threshold, Sher Khan reserves the
right to take corrective action, including liquidating open positions or temporarily freezing
your account, to prevent further risk to the platform and other users.

🔵 8. Order Execution

All trading orders placed on the Sher Khan platform are executed based on real-time
bid/ask prices, and not necessarily the Last Traded Price (LTP). Due to market
fluctuations and system latency, execution prices may vary from the prices displayed at the
time of order placement. We advise users to consider market depth, slippage risk, and
volatility before confirming trades. Sher Khan will not be held responsible for any perceived
price discrepancies due to natural market behavior or technological delays.

🔵 9. Technical Issues

In the event of any technical glitches, server outages, software bugs, or connectivity
issues, users are required to immediately report the issue to Sher Khan's support team
with full details including the time, nature of the error, and your user ID. Our technical team
will attempt to resolve the issue and square off any impacted positions at the best possible
Current Market Price (CMP). However, Sher Khan does not accept liability for losses
incurred due to unforeseen or uncontrollable technical problems.

🔵 10. Group Trading

Group trading, where multiple users coordinate to execute trades with the intention of
moving market prices or exploiting systematic weaknesses, is only allowed with explicit
prior written approval from Sher Khan. Unauthorized group activities, even if
well-intentioned, can distort fair pricing mechanisms and impact market integrity. Detected
cases will lead to suspension of all involved accounts, and may be escalated for further
scrutiny.

🔵 11. Payout Delays

While Sher Khan endeavors to process all user payouts promptly and efficiently, certain
factors such as banking delays, public holidays, compliance checks, or technical
disruptions may impact the payout timeline. Users are advised to allow sufficient time for
banking settlements and cooperate with any KYC or verification process if requested. We
appreciate your understanding and patience in such rare scenarios.

Sher Khan – Terms and Conditions
MCX | NSE | COMEX | FOREX | CRYPTOCURRENCY

1. Sher Khan reserves the right to cancel any trade done using color, line, or operating.
2. Sher Khan does not allow the execution of any market order placed within 15
minutes.
(Such trades will be considered void – prior permission is not valid).
3. Orders held for more than 5 minutes without execution will be void.
4. Advance/Fresh Bid is not permitted. Bid and Stoploss cannot be placed
simultaneously – only one will be accepted.
5. Sher Khan reserves the right to reject any trade due to unusual conditions.
Comparison with platform-provided prices has no value.
6. Trades done using VPN/Multiple/Associate accounts or servers can be cancelled.
Margin Money benefits will also be removed.
7. Sher Khan will not be liable for any trade conducted using a hacked or exploited
account.
8. Customers are responsible for any losses due to sudden market surges or network
issues.
9. Credit Margin will be granted only when a deposit is made. It won’t be given in
advance.
10. Devices/IPs used to operate trades will be blacklisted if Sher Khan finds them
suspicious.
Trades from such IPs/Devices will be cancelled.
11. GST and platform charges will be deducted on all trades.
12. Once the funds are withdrawn from the ID, no position will be reinstated.
13. Pending Limit Orders will be passed only on Sher Khan Ark/MT5 low bid, ask
prices.
14. If any unusual activity is found in any trading account, it will be immediately closed
and market access revoked.
The concerned Client/Master/Manager will be informed.
15. If a script is under expiry, no orders will be accepted on either side.
16. Mega Gold & Silver Margin: ₹1 lakh margin is not permitted and there’s no double
equity allowed.
17. NSE, Energy, Base Metal Margin: ₹50,000 margin is mandatory. Double equity not
allowed.
18. Account size under ₹25,000 for MCX, NSE, or under ₹15,000 will not be allowed,
nor will double equity be considered.
(Customer ID will be deactivated)
19. Scalping, Robo Trading, Algo Trading is strictly prohibited. Any such trades will be
cancelled.
20. Any position taken within 30 minutes before market close or 15 minutes after
market open will not be valid.
Buy Today Sell Tomorrow (BTST) and Sell Today Buy Tomorrow (STBT) are not
allowed.

🔚 Closing Note
By continuing to use the Sher Khan platform, you agree to abide by these terms.
Non-compliance may lead to trade reversals, account suspensions, or legal action. For
support or questions, feel free to reach out to our helpdesk.