Compliance

Disclosures & fine print

TradeBud operates under SEBI's 2026 retail algorithmic trading framework. Everything we show you and store about you is documented here.

01 · Risk Acknowledgement

SEBI data (FY2024-25): 91% of Indian F&O traders lose money, with average net losses around ₹110,000 per trader. Algo trading does not change the underlying market risk — it only changes execution speed and consistency.

Past backtest performance does not guarantee future results. All strategies carry capital risk. You are responsible for the sizes you trade.

02 · White-box Classification

Every TradeBud strategy is white-box under SEBI's 2026 framework — you can see the complete rules, the source code, and the intermediate agent reasoning. Open any strategy and click View full logic to audit it before acting on any signal.

We do not operate any hidden "signal" services. We don't place orders on your broker. We don't custody funds.

03 · What We Are (and Aren't)

TradeBud is a strategy-generation tool. We are not an investment advisor (no SEBI IA registration). We are not a research analyst (SEBI RA application status is disclosed separately). We do not provide stock tips or trading signals via Telegram against a payment.

If you receive a Telegram alert from us, it is because you activated a strategy you own — the message is a notification that your own rules fired, not financial advice.

04 · Marketplace economy

TradeBud's marketplace enables traders to list educational strategies. Every sale flows through Cashfree Payments Gateway with an atomic 70/30 split — the seller's 70% lands directly in their bank account, and 30% is TradeBud's platform fee. TradeBud never holds seller funds; there is no wallet.

Listed strategies are for learning algorithmic trading patterns. They are not investment advice. Buyers are responsible for their own trading decisions and are advised to paper-trade any strategy before deploying capital.

All sellers complete onboarding with verified PAN and bank account before their listings go live. We store only the last-4 digits of each for reference; full details live at Cashfree.

No refunds are issued for marketplace purchases.

05 · Data Retention & Audit Trail

Per SEBI, algo-related records are retained for 5 years. Every script you generate, every backtest you run, every live alert you receive, and every marketplace transaction you make is logged with an immutable timestamp.

You can download your full audit trail any time as JSON:

06 · Contact

Compliance questions or takedown requests — compliance@tradebud.ai.

§07 — Behavioral Algo

Shadow Twin & broker connections

When you connect a broker (Zerodha or Groww), TradeBud receives read-only access to your order history and open positions. We never receive write or execute permissions. Zerodha uses OAuth (you authorize us on kite.zerodha.com — we never see your password). Groww uses TOTP — you paste your API key and TOTP secret directly into our form; we encrypt both at rest and never send your password to anyone.

Credentials are encrypted at rest with Fernet (AES-128-CBC + HMAC-SHA256), with a per-user sub-key derived via HKDF-SHA256. Credentials are never logged. For Zerodha, refresh runs daily before the broker's expiry window. For Groww, fresh bearer tokens are minted from the stored TOTP seed on every request — no rolling session, no refresh required.

Your trade data is used only to extract your own behavioral patterns. We do not pool trades across users for any inference. No federated learning. No "people like you also..." features.

You can disconnect any broker at any time via Telegram (/disconnect zerodha) or the web settings page; this revokes the token at the broker and wipes our encrypted copy. You can also request full data deletion via the "Delete all my data" button in Settings.

The shadow trader analyzes your past trades. It does not provide investment advice. It does not place trades on your behalf. It is not a SEBI-registered investment advisor.