Terms & Conditions
Last updated: 10 January 2026
1. Acceptance of Terms
By accessing and using KillSwitch ("Service"), a product of GenQLabs, you accept and agree to be bound by these Terms and Conditions. If you do not agree to these terms, please do not use our Service.
These terms apply to all users of the Service, including traders, investors, and any other individuals or entities accessing the platform.
2. SEBI Compliance and Regulatory Framework
KillSwitch operates in compliance with the Securities and Exchange Board of India (SEBI) regulations and guidelines. Users must ensure their trading activities comply with all applicable SEBI rules and regulations.
2.1 SEBI Guidelines
- All trading activities must comply with SEBI regulations regarding securities trading, position limits, and risk management.
- Users are responsible for ensuring their trading strategies and configurations comply with SEBI-mandated risk management practices.
- KillSwitch does not provide investment advice, stock recommendations, or trading signals as per SEBI guidelines.
- Users must maintain appropriate documentation and records as required by SEBI regulations.
Important: KillSwitch is a risk management tool and does not guarantee prevention of losses. Users should exercise their own judgment and trade responsibly in accordance with SEBI guidelines.
3. Service Description
KillSwitch is an automated risk management tool that monitors your trading account and executes predefined actions (such as canceling pending orders or closing positions) when configured thresholds are reached.
3.1 Features
- Real-time monitoring of P&L and order counts
- Automated cancellation of pending orders (if enabled)
- Automated closing of open positions (if enabled)
- Daily trade limit monitoring
- Profit and loss threshold tracking
The Service acts as an intermediary tool connecting to your broker's API and executing actions based on your configured parameters.
4. User Responsibilities
4.1 Account Configuration
You are solely responsible for:
- Configuring appropriate risk limits, profit targets, and loss thresholds
- Ensuring your configuration settings match your risk appetite and trading strategy
- Regularly reviewing and updating your trading configuration
- Verifying that automated actions align with your trading objectives
4.2 Broker Account
- You must maintain a valid and active trading account with a supported broker
- You are responsible for providing accurate API credentials and maintaining their validity
- You must comply with your broker's terms of service and API usage policies
- You are responsible for any fees, charges, or commissions imposed by your broker
4.3 Trading Decisions
KillSwitch executes actions based on your configuration. You are responsible for all trading decisions and their consequences. The Service does not provide investment advice or guarantee profitable outcomes.
5. Risk Disclosure
Trading in securities market is subject to market risks.
Please read all scheme related documents carefully before investing. Past performance is not indicative of future returns.
5.1 Market Risks
- Trading in securities involves substantial risk of loss and is not suitable for all investors
- Market conditions can change rapidly, and automated systems may not always react optimally
- Technical failures, network issues, or broker API limitations may affect service availability
- Automated actions may execute at unfavorable prices due to market volatility
5.2 Service Limitations
- KillSwitch is a third-party tool and does not guarantee prevention of losses
- Service availability depends on broker connectivity, API availability, and market conditions
- Automated actions may be delayed or fail due to technical issues beyond our control
- Users should exercise their own judgment and trade responsibly
6. Broker Integration
KillSwitch integrates with supported brokers through their official APIs. Broker availability and features may vary.
6.1 Supported Brokers
- Dhan: Currently available. One-time setup required. Continuous monitoring enabled.
- Zerodha: Coming soon
- Upstox: Coming soon
6.2 API Credentials
- You are responsible for maintaining valid API credentials with your broker
- Credentials are stored securely and used only for authorized trading operations
- You must notify us immediately if you suspect unauthorized access to your account
- Token expiration and renewal policies vary by broker and are subject to broker terms
7. Limitation of Liability
To the maximum extent permitted by law, GenQLabs and KillSwitch shall not be liable for:
- Any trading losses, whether direct, indirect, incidental, or consequential
- Losses arising from market volatility, technical failures, or broker API issues
- Delays or failures in executing automated actions
- Loss of data, profits, or business opportunities
- Any damages resulting from unauthorized access to your account
The total liability of GenQLabs for any claims arising from or related to the Service shall not exceed the amount paid by you for the Service in the twelve (12) months preceding the claim.
8. Data and Privacy
Your use of the Service is also governed by our Privacy Policy. By using the Service, you consent to the collection, use, and disclosure of your information as described in our Privacy Policy.
8.1 Data Security
- We implement industry-standard security measures to protect your data
- API credentials are encrypted and stored securely
- We do not store your broker account passwords
- Trading data is used solely for providing the Service and is not shared with third parties without your consent
9. Service Availability
While we strive to maintain high service availability, KillSwitch is provided "as is" and "as available" without warranties of any kind.
- Service may be interrupted due to maintenance, updates, or technical issues
- Broker API availability and connectivity issues may affect service functionality
- We do not guarantee uninterrupted or error-free service
- Market hours, holidays, and broker-specific restrictions may limit service availability
10. Prohibited Activities
You agree not to:
- Use the Service for any illegal or unauthorized purpose
- Violate any applicable laws, regulations, or SEBI guidelines
- Attempt to gain unauthorized access to the Service or other users' accounts
- Interfere with or disrupt the Service or servers
- Use the Service to manipulate markets or engage in fraudulent trading activities
- Share your API credentials with unauthorized parties
11. Subscription and Payment
11.1 Subscription Plans
KillSwitch offers subscription plans with different pricing tiers. By subscribing, you agree to pay the applicable fees.
- Subscription fees are charged in advance for the selected billing period
- All fees are non-refundable except as required by law or as specified in our Cancellation & Refund Policy
- We reserve the right to modify pricing with reasonable notice
11.2 Cancellation
You may cancel your subscription at any time. Cancellation will take effect at the end of your current billing period. Please refer to our Cancellation & Refund Policy for detailed information.
12. Modifications to Terms
We reserve the right to modify these Terms and Conditions at any time. Material changes will be notified through the Service or via email.
Your continued use of the Service after such modifications constitutes acceptance of the updated terms. If you do not agree to the modified terms, you must discontinue use of the Service.
13. Termination
We reserve the right to suspend or terminate your access to the Service at any time, with or without cause, including but not limited to:
- Violation of these Terms and Conditions
- Non-payment of subscription fees
- Suspected fraudulent or illegal activity
- Breach of broker terms of service
Upon termination, your access to the Service will be immediately revoked, and you will not be entitled to any refund except as required by law.
14. Intellectual Property
All content, features, and functionality of the Service, including but not limited to text, graphics, logos, and software, are the exclusive property of GenQLabs and are protected by copyright, trademark, and other intellectual property laws.
You may not reproduce, distribute, modify, or create derivative works from any part of the Service without our express written permission.
15. Dispute Resolution
Any disputes arising from or related to these Terms and Conditions or the Service shall be governed by the laws of India and subject to the exclusive jurisdiction of the courts in [Your City/State], India.
Before initiating legal proceedings, parties agree to attempt to resolve disputes through good faith negotiation. If resolution cannot be reached, disputes shall be resolved through arbitration in accordance with the Arbitration and Conciliation Act, 2015.
16. Contact Information
For questions, concerns, or support regarding these Terms and Conditions or the Service, please contact us at:
Email: support@killswitch.in
Product: KillSwitch, a product of GenQLabs
17. Severability
If any provision of these Terms and Conditions is found to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.
18. Entire Agreement
These Terms and Conditions, together with our Privacy Policy and Cancellation & Refund Policy, constitute the entire agreement between you and GenQLabs regarding the use of the Service and supersede all prior agreements and understandings.
By using KillSwitch, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.
