USER AGREEMENT / AUTHORITY LETTER
For Trading & Demat Account Operation
Client Code: 4921187760
Broker / Platform: Groww
1. Parties to the Agreement
This User Agreement (“Agreement”) is made between:
Client (Account Holder):
Operator / Authorized Person:
2. Purpose of Agreement
The Client hereby authorizes the Operator to access and operate the Client’s trading and demat account for the purpose of:
Placing buy/sell orders in stocks, derivatives, mutual funds, etc.
Viewing portfolio, holdings, statements & reports
Monitoring market positions and executing trades on behalf of client
3. Permissions Granted
The Client grants the Operator the following permissions:
1. Trade Execution: Operator may execute trades in the Client’s account as per the agreed trading strategy.
2. Account Access: Operator may access account dashboards, market watchlists, order books, reports, and holdings.
3. Communication: Operator may communicate with the client’s broker regarding trading activities, if required.
4. Non-Financial Rights: Operator is NOT authorized to withdraw funds, change bank details, change nominee, or update KYC.
4. Responsibilities
Operator Responsibilities
To act responsibly and only in the interest of the Client.
To maintain confidentiality of account details and passwords.
To avoid unauthorized or risky trades without the Client’s approval.
Client Responsibilities
To monitor trades regularly.
To provide correct login details voluntarily (if applicable).
To bear profit/loss arising from trades executed under this authority.
5. Liability Clause
The Client understands and agrees that:
All profits and losses arising from trades executed by the Operator will belong solely to the Client.
The Operator will not be responsible for losses caused due to market fluctuations or broker/server issues.
The broker/platform (Groww) is NOT responsible for this private arrangement.
6. Validity & Cancellation
This Agreement is valid from 2/12/20256 until cancelled in writing.
Either party may terminate this authority at any time with a written notice
7. Declaration
I, the Client, voluntarily authorize the Operator to operate my trading account as per this agreement. This permission is given without any pressure or fraud.