Terms of Service

These Terms of Service ("Terms") govern your access to and use of the Riskora platform ("Platform"), operated by Rishu, trading as Riskora, a Sole Proprietorship registered in Bihar, India ("Company", "We", "Us"). By subscribing to or using the Platform, you agree to these Terms in full. Please read them carefully.

1. Nature of Service

1.1. Riskora is a behavioral trading simulation and discipline training platform. The Platform provides a simulated (paper trading) environment using virtual capital only.

1.2. The Platform does NOT execute real trades, hold real funds, provide investment advice, or issue buy/sell recommendations on any securities.

1.3. The Platform is NOT a broker, sub-broker, investment adviser, research analyst, or portfolio manager as defined under applicable SEBI regulations. [Reference: SEBI Exemption Opinion Ref. RISKORA/CA/2026/SEBI-01].

1.4. Market data displayed on the Platform is sourced from licensed third-party providers and may be delayed by up to 15 minutes. It is provided for simulation purposes only and must not be relied upon for real trading decisions.

2. Subscription & Payment

2.1. The Platform is offered on a subscription basis. Current tiers: Alpha (Rs. 999/month), Delta (Rs. 1,999/month), Omega (Rs. 3,999/month).

2.2. All payments are processed through Razorpay Payment Gateway. By subscribing, you authorize Riskora to charge your selected payment method.

2.3. Subscription fees are billed in advance on a monthly basis. Access is granted upon confirmed payment.

2.4. Prices are subject to change with 30 days' prior notice. Continued use after the notice period constitutes acceptance of revised pricing.

3. Refund Policy

3.1. All subscription fees are strictly non-refundable once payment is processed and platform access is granted. This policy applies regardless of usage level.

3.2. Notwithstanding Clause 3.1, refunds may be considered at the Company's sole discretion in cases of proven technical failure causing complete platform inaccessibility for more than 72 consecutive hours.

3.3. If you have concerns about a charge, contact support@riskora.in within 7 days of the billing date.

4. Intellectual Property

4.1. The Riskora brand name, ORA-1 Engine, platform design, algorithms, and all content on the Platform are the exclusive intellectual property of the Company.

4.2. Users are granted a limited, non-exclusive, non-transferable licence to use the Platform for personal, non-commercial training purposes only.

4.3. Reproduction, redistribution, reverse engineering, or commercial use of any Platform component is strictly prohibited.

5. User Obligations & Prohibited Conduct

• Provide accurate registration information and maintain account security.
• Not share account credentials with any other person.
• Not attempt to circumvent, disable, or tamper with the ORA-1 Engine or any platform lock mechanism.
• Not use the Platform for any unlawful purpose.
• Not scrape, harvest, or extract platform data by automated means.

6. Account Termination

6.1. The Company reserves the right to suspend or terminate any account with immediate effect for breach of these Terms, without refund.

6.2. Users may cancel their subscription at any time via account settings. Cancellation takes effect at the end of the current billing period. No pro-rata refund is provided.

7. Limitation of Liability

7.1. The Platform is provided "as is" without warranty of any kind, express or implied. The Company makes no warranty that the Platform will be uninterrupted or error-free.

7.2. The Company shall not be liable for any trading losses, financial decisions, or damages arising from use of or reliance on the Platform or any data displayed thereon.

7.3. The Company's total aggregate liability to any user shall not exceed the subscription fee paid by that user in the three months preceding the claim.

8. Governing Law & Jurisdiction

8.1. These Terms are governed by the laws of India. Any disputes shall be subject to the exclusive jurisdiction of the courts in Patna, Bihar.

8.2. In the event of a dispute, parties agree to first attempt resolution through good-faith negotiation for a period of 30 days before initiating legal proceedings.

9. Regulatory Disclosure

9.1. Riskora is an educational technology platform and is not regulated by SEBI. We are not an Investment Adviser under SEBI (IA) Regulations 2013 or a Research Analyst under SEBI (RA) Regulations 2014. [SEBI Exemption Opinion on file: Ref. RISKORA/CA/2026/SEBI-01].

9.2. Virtual capital shown on the Platform has no monetary value and cannot be withdrawn, transferred, or exchanged for real money under any circumstances.