Legal Disclaimers & Regulatory Disclosures
Please read these statutory disclaimers, advertising policies, and risk disclosures carefully before using InvestorPizza. By accessing or interacting with this portal, you acknowledge and agree to the terms outlined herein.
1. Third-Party Programmatic Advertising & Crypto / VDA Risk Warning
Advertisements displayed on InvestorPizza are served programmatically by automated third-party ad networks. InvestorPizza does not review, verify, endorse, or guarantee the claims, services, or regulatory standing of any advertised third-party products, including cryptocurrency exchanges, virtual digital assets (VDAs), forex, or speculative trading applications. Crypto products and VDAs are unregulated in India and carry significant financial risk, with no regulatory recourse for losses. Users interact with third-party advertisements entirely at their own discretion and risk.
ASCI Guidelines Compliance: In accordance with the Advertising Standards Council of India (ASCI) guidelines for Virtual Digital Assets and allied services, users are expressly notified that crypto products, NFTs, and VDAs are highly speculative and volatile. There is no regulatory protection, investor grievance redressal mechanism, or ombudsman protection available under Indian law for transactions in unregulated digital assets.
Zero Custody & Zero Execution: InvestorPizza does not operate an exchange, wallet, or custody service for cryptocurrencies, virtual digital assets, or foreign exchange derivatives. Any interaction, account opening, or fund transfer with an advertised entity is governed strictly by that third party's independent terms and conditions.
2. General Financial Intelligence & SEBI Status
Not a SEBI-Registered Adviser: InvestorPizza is an independent quantitative financial technology and educational research portal. InvestorPizza is NOT registered as an Investment Adviser (IA) under the Securities and Exchange Board of India (Investment Advisers) Regulations, 2013, nor as a Research Analyst (RA) under the SEBI (Research Analysts) Regulations, 2014.
Educational & Computational Nature: All metrics, automated brokerage calculators, hidden charge audits, IPO subscription tracking, and comparative matrices are calculated algorithmically for informational, benchmarking, and educational purposes only. Nothing on this website constitutes personal financial advice, an investment recommendation, an offer to buy or sell securities, or an endorsement of any initial public offering.
Independent Due Diligence: Capital markets involve substantial risk of capital loss. Readers must read the complete statutory Red Herring Prospectus (RHP) or Prospectus filed with SEBI and consult an authorized, SEBI-registered financial planner before executing any financial commitments or submitting IPO application bids.
3. Grey Market Premium (GMP) & OTC Market Notice
Informal & Non-Statutory: Grey Market Premium (GMP), Kostak rates, and Subject to Sauda rates are informal, over-the-counter (OTC) observations recorded purely for market sentiment tracking. The grey market is entirely unregulated and unrecognized by SEBI, NSE, BSE, or any national clearinghouse.
Zero OTC Facilitation: InvestorPizza does not buy, sell, facilitate, broker, or clear grey market trades. We do not accept commissions, kickbacks, or promotional considerations from grey market operators.
No Guarantee of Listing Performance: Grey market sentiments fluctuate widely and may collapse before the formal listing date. Past or observed GMP values bear no statutory correlation with the official discovered listing price on the stock exchanges.
4. Brokerage Tariff & Fee Accuracy
Primary Source Extraction: Brokerage tariffs, account maintenance charges (AMC), demat debit fees (DP charges), call-and-trade fees, auto-square-off penalties, and payment gateway charges displayed on InvestorPizza are systematically compiled from official tariff schedules published by SEBI-registered stockbrokers.
Statutory Levy Variations: Exchange transaction charges, SEBI turnover fees, Integrated GST (18%), state stamp duties, and investor protection fund fees are subject to periodic regulatory amendments by exchanges and governmental bodies. Users should verify live fee structures directly on official broker contract notes.
5. Commercial Affiliate Disclosure
Referral Partnerships: InvestorPizza maintains affiliate relationships with select SEBI-registered retail stockbrokers. When users choose to open a Demat or trading account through outbound partner links on our comparison tables, InvestorPizza may receive a referral commission at no additional cost to the user.
Strict Editorial & Computational Separation: Commercial partnerships never influence our mathematical models, hidden charge audits, fee calculations, or ranking algorithms. All calculations operate identically and objectively regardless of whether an affiliate agreement is in place.
6. Limitation of Liability
Under no circumstances shall InvestorPizza, its founders, authors, contributors, or technology partners be liable for any direct, indirect, incidental, consequential, special, or exemplary damages—including but not limited to financial losses, loss of trading capital, application rejections, opportunity losses, or claims arising from interactions with third-party advertisements or external brokers.
By using this portal, you agree that your financial decisions are your sole responsibility.