Terms & Conditions

Eligibility

The Referral Bonus Program is available to existing Stoky clients who refer new clients to the platform. Participation is subject to the eligibility requirements set out in these Terms & Conditions.

For the purposes of these Terms, the existing client making the referral shall be referred to as the “Referrer”, and the newly registered client shall be referred to as the “Referee”. Both parties must satisfy the applicable requirements in order to qualify for referral rewards.

How the Referral Program Works

To make a qualifying referral:

  • The Referrer must share the unique referral link or referral code issued by Stoky.
  • The Referee must create a new account using the Referrer’s official referral link or code during registration.
  • Referrals made without using the applicable official referral link or code may not be eligible for the referral bonus.

Referral Bonus

The amount of any referral bonus shall be determined by the promotional campaign applicable at the time of the referral.

  • Bonus amounts may vary between promotional campaigns.
  • Each campaign may be subject to specific eligibility requirements and promotional periods.
  • We reserve the right to amend the value, structure, or terms of any referral bonus without prior notice.

Conditions for Bonus Withdrawal

A referral bonus shall not become available for withdrawal until all conditions applicable to the relevant promotional campaign have been satisfied.

The applicable requirements include:

  • Both the Referrer and the Referee must achieve the minimum trading volume specified under the relevant promotion.
  • Trading volume shall be calculated based on the aggregate value of successfully executed and closed buy and sell transactions.
  • Where the applicable requirements have not been fulfilled, the referral bonus may remain restricted from withdrawal.

Prohibited Referral Activities

Participants must not use the Referral Bonus Program in a fraudulent, abusive, or manipulative manner. Prohibited activities include:

  • Creating multiple accounts for the purpose of receiving additional referral rewards.
  • Referring yourself or creating self-referrals.
  • Referring fake, inactive, or otherwise ineligible accounts.
  • Coordinating referrals across multiple accounts to obtain an unfair advantage.
  • Engaging in any fraudulent, abusive, deceptive, or manipulative activity related to the program.

Where Stoky determines that prohibited activity has occurred, it reserves the right to:

  • Cancel, withhold, or reverse the applicable referral bonus.
  • Remove or adjust profits attributable to the relevant promotional reward.
  • Suspend or permanently terminate the accounts involved.
  • Take any other action it considers appropriate in accordance with these Terms & Conditions and applicable policies.

Referral Bonus Expiry

Referral bonuses are available only for the promotional period specified in the applicable campaign.

If the required trading volume is not completed before the stated expiry date:

  • The referral bonus may expire.
  • Any related promotional benefits may be cancelled or forfeited.

Changes to the Referral Program

We may modify, suspend, or discontinue the Referral Bonus Program at any time and without prior notice.

Any changes will take effect once they are published on the official website or communicated through Stoky’s official communication channels.

Client Responsibilities

By participating in the Referral Bonus Program, both the Referrer and Referee confirm that they have read, understood, and agreed to these Terms & Conditions.

Participants must also comply with any additional rules, eligibility requirements, or promotional conditions communicated by Stoky.

Contact Us

For questions or assistance relating to the Referral Bonus Program, clients can contact us through:

  • Email: support@stokytrade.com
  • Live Chat: Available through the official website.

Trading Rules & Account Policies

Referral Qualification

Referral rewards will only be credited where the Referee creates their account through the official referral link or referral code provided by Stoky.

Account Maintenance

Clients are responsible for maintaining sufficient account funds and meeting all applicable margin requirements throughout their trading activity.

Failure to maintain the required margin or account equity may result in:

  • Automatic closure of open positions through the platform’s stop-out mechanism.
  • Liquidation of open positions.
  • Restrictions on carrying positions forward.

Daily Expiry Time

The daily trading expiry time is 12:30 AM (Platform Time).

On NSE Options expiry days, the intraday margin requirement shall be ₹7,000 per lot, or such other amount as may be determined by Stoky.

Cryptocurrency Holding Period

For profits from cryptocurrency trades to qualify for recognition, the relevant position must remain open for a minimum period of 5 minutes.

Any cryptocurrency position closed before the required holding period may result in the associated profit being cancelled or deemed ineligible.

Order Execution Policy

Market, Limit, Stop Loss (SL), and Take Profit (TP) orders are executed using the available Bid and Ask prices, rather than the Last Traded Price (LTP).

Depending on market conditions and available liquidity:

  • An order may be executed at a price different from the price displayed.
  • An order may not be executed where sufficient market liquidity is unavailable.

Trading Restrictions

Clients must not engage in trading practices that are prohibited under Stoky’s platform rules or applicable promotional conditions.

  • Scalping strategies that are not permitted under platform rules.
  • Trading exclusively through options-selling strategies where such activity is restricted by promotional terms.
  • Using multiple accounts with the same IP address, VPN, VPS, or similar methods to bypass or circumvent platform rules.
  • Copy trading, mirror trading, coordinated group trading, or other activities intended to manipulate or artificially influence trading results.

If these restrictions are violated, Stoky may take action including:

  • Removing trading profits.
  • Cancelling promotional rewards.
  • Suspending or terminating trading accounts.
  • Permanently disqualifying the client from future promotional programs.

General Terms

  • All decisions made by Stoky regarding eligibility, bonus approval, profit adjustments, and account actions shall be final.
  • Participation in the Referral Bonus Program and trading on the Stoky platform constitutes acceptance of these Terms & Conditions.
  • These Terms & Conditions shall be governed by the applicable laws and regulations under which Stoky operates.