Terms & Conditions

Effective May 27, 2026

Important: These Terms may be updated by FxKaran at any time. The current version is always the one posted at fxkaran.com/terms. Material changes will be notified by email or in the dashboard at least seven (7) days before they take effect. Continued use of the Services after the effective date of any change constitutes acceptance of the updated Terms. If you do not agree with a change, your remedy is to stop using the Services and delete your account (Settings → Delete account).

These Terms govern your access to and use of services provided by Karan Pal (operating as "FxKaran") via the website fxkaran.com, the FxKaran dashboard, and any related Telegram channels (collectively, the "Services"). By creating an account or using any part of the Services you agree to be bound by these Terms.

If you do not agree, do not use the Services.

1. What FxKaran is — and is not

FxKaran is a technology service. The two parts of the service are:

(a) Free signals on Telegram: We publish live trades that the FxKaran principal personally takes on his own broker account. This is shared for educational and transparency purposes. It is not a recommendation that you take the same trade, and it is not investment advice.

(b) Premium copy execution: A subscription service in which trades initiated by the FxKaran principal on his own account are automatically replicated to your own broker account through a third-party copier platform (socialtradertools.com), scaled to a risk parameter that you define in the FxKaran dashboard. You retain ownership and control of your broker account at all times. You can disable the copier at any time from your dashboard or directly with your broker.

FxKaran is NOT a SEBI-registered investment adviser, portfolio manager, research analyst, or stockbroker. FxKaran is NOT a custodian of your funds — your money remains with your broker, never with us. FxKaran is NOT a guarantor of returns — no part of past performance implies future results. FxKaran is NOT a signal-resale or "managed accounts" service.

If your jurisdiction requires a specific registration to provide the services described above, you accept that no such registration is held and that you are using the Services at your own legal and financial risk.

2. Evolving service

FxKaran is a small, actively-developed service. Features, pricing, supported brokers, third-party sub-processors, payout methods, copier platform, content channels (including the Telegram channel), and the user interface may change, be added, or be removed at any time without prior notice unless these Terms specifically require notice. We may also introduce, withdraw, or modify free tiers, invite codes, referral programs, and discount programs at any time. None of these changes give rise to a refund or compensation obligation beyond what these Terms explicitly provide.

3. Your eligibility

You confirm that you are at least 18 years old and have full legal capacity to enter into this agreement, that you are accessing the Services in a jurisdiction where doing so is lawful, that you have read and understood our Risk Disclosure and Privacy Policy, and that you are not on any sanctions list and are not located in a sanctioned jurisdiction.

If you are an Indian resident, you specifically acknowledge that trading in non-INR forex pairs on overseas brokers is restricted under India's Foreign Exchange Management Act, 1999 (FEMA) and circulars issued by RBI/SEBI. You alone are responsible for your compliance with those laws.

4. Your account

You must provide accurate information at sign-up and during onboarding (name, country, city, WhatsApp number). You must enable multi-factor authentication, which is mandatory for every user account — you cannot access the dashboard or admin areas without an authenticator app (TOTP) configured. You must keep your password and your authenticator backup codes secure.

You are responsible for all activity on your account, including activity from sessions you forgot to sign out of and activity by anyone you have shared credentials with (you should not share credentials). If you suspect unauthorised access, change your password immediately, regenerate your MFA factor, and email support@fxkaran.com.

5. Your broker credentials (premium service only)

To use the premium copy service you authorise FxKaran to: receive your MT5 broker credentials including the master password; store those credentials, encrypted at rest in Supabase Vault and additionally wrapped with an app-layer AES-256-GCM key held outside the database; configure your account on socialtradertools.com so that trades on the FxKaran source account are mirrored to yours, at the risk amount you specify per signal; and reveal the master password to authorised personnel only when strictly necessary to investigate setup failures, with the reveal logged immutably in our audit trail and visible to you.

You can change the risk amount, pause copying, or disable the account at any time from your dashboard.

You acknowledge that giving any party (including FxKaran) your master password carries inherent risk. You may revoke this access by deleting your account, by changing the password directly with your broker, or by rotating your master password from the dashboard, after which automated copying will fail until the new password is synced.

6. Subscriptions, billing, cancellation

Pricing per month is shown on your dashboard. The fee is per user, set by FxKaran, and may be grandfathered for existing customers. During the current operating phase, the payment gateway is in a manual setup; you will be invoiced via email and your payment status will be recorded in your dashboard. All amounts are in US dollars (USD) unless otherwise stated; we may accept local-currency equivalents at our discretion.

Lifetime-free access (granted via an admin-issued invite code) is offered at our sole discretion and may be revoked at any time for cause, including fraud, abuse, sharing of access codes, or violation of these Terms. Revocation does not entitle you to any refund or compensation.

You may cancel at any time from your dashboard or by emailing support@fxkaran.com. Cancellation takes effect at the end of your current paid month. No pro-rated refunds are issued for partial months. If we are unable to collect payment, your account may be suspended; an extended non-payment may result in account closure.

Account deletion (Settings → Request account deletion) is a separate, irreversible action subject to administrator approval. If you submit a deletion request and it is approved, any active subscription is voided at the moment of approval — no refund or credit is issued for any unused portion of the current paid cycle, and reinstating the account or recovering any associated data, including MT5 configurations and audit references to your trades, is not possible. If you want the standard end-of-cycle cancellation behaviour to apply instead, cancel your subscription and let the cycle expire before requesting account deletion.

Replacing a deleted MT5 account within your active paid cycle: if you have paid for an MT5 account in your current billing cycle and that account is deleted (by you, on request, or by us for cause), you may add a replacement MT5 account within the same cycle without an additional fee, up to the number of paid slots you have unused at the time of replacement and subject to a per-cycle cap of four (4) free replacements. Replacements beyond the cap, or replacements when no paid slot is available, are billed at the prorated rate for the remaining days of the cycle. The free-replacement cap resets at the start of each new billing cycle. Free replacements do not extend your cycle and do not constitute a refund or credit for the deleted account.

Founding-member grandfathered pricing: a small number of founding members joined at a fixed INR rate. These users retain a single reserved MT5 slot at their original INR fee for as long as their membership remains active. Any additional MT5 accounts they add beyond the reserved slot are billed at the standard USD fee. The reserved slot is preserved across MT5 deletions — when a deleted slot is replaced, it re-claims the reserved INR rate at no additional charge for the current cycle. For members at the higher INR tier (10,000), the grandfathered fee may be automatically cleared if no approved payment is received for sixty (60) days; future MT5 additions and renewals then proceed at the standard USD fee.

USD↔INR conversion (for new users paying via UPI): where you owe an amount in USD but pay via UPI, the INR amount you see at submission is calculated by converting the USD amount using a daily exchange-rate snapshot from frankfurter.app (an ECB-backed free service). The rate is fetched once per day; the specific rate used for your payment is locked at the moment you submit the payment proof and recorded on your submission. Founding-member grandfathered INR fees are not subject to this conversion — they are paid at the fixed INR amount.

7. Referral program

If you refer another user to FxKaran using your referral code, and that user becomes a paying customer and completes four (4) full paid months, you become eligible for a one-time reward equal to the referred user's monthly subscription fee at the time they joined. The amount is fixed at referral time and does not change with future pricing changes for that customer.

Eligibility is determined at FxKaran's sole discretion. Self-referrals, fraudulent referrals, referrals using duplicate identities, referrals using temporary/disposable email addresses, and any pattern of abuse will be disqualified without notice.

Payouts are processed manually via UPI, PayPal, or USDT (TRC20) at your election. You are responsible for any taxes, fees, or other costs associated with receiving the payout. We may decline or delay a payout if we suspect abuse, if the referred user's account is disputed or refunded, or if regulatory requirements are not met. We may modify or end the referral program at any time on notice — pending unlocked referrals at the time of any program change will be honoured under the rules in effect when the referral was created.

8. Service availability and force majeure

We target reasonable uptime but do not guarantee uninterrupted service. Causes of outage outside our control include but are not limited to: broker outages, internet failures, scheduled maintenance, sub-processor failures (Supabase, Vercel, Resend, socialtradertools.com, PostHog, payment gateways), DNS/registrar issues, security incidents, regulatory action, sanctions, acts of God, natural disasters, war, terrorism, civil unrest, epidemics, governmental measures, and other events beyond our reasonable control. We will not be liable for any delay or failure in performance caused by such events.

We will use reasonable efforts to notify users of planned maintenance via the dashboard and email.

9. Acceptable use

You will not, and will not attempt to: (a) use the Services to violate any applicable law or regulation, including securities, exchange-control, anti-money-laundering, tax, and sanctions laws; (b) impersonate another person or entity, or misrepresent your identity, affiliation, or location; (c) share, sell, sub-license, or otherwise transfer access to your account; (d) reverse-engineer, decompile, scrape, or attempt to extract source code, secrets, or unpublished data from the Services; (e) probe, scan, or test the vulnerability of the Services without explicit written permission; (f) attempt to access another user's account, profile, MT5 credentials, audit log, or notifications; (g) abuse any free tier, invite code, referral program, or discount; (h) use the Services to harass, defame, or threaten any person; (i) introduce malware, viruses, or any code that could disrupt the Services; (j) misrepresent FxKaran content (including monthly results, signals, or testimonials) to third parties; or (k) use the Services in any way that could damage, disable, overburden, or impair them.

Violation of this section may result in immediate account suspension or termination at our sole discretion.

10. Communications and recording

By using the Services you consent to receive electronic communications from us (transactional emails, in-app notifications, WhatsApp messages, and Telegram messages on channels you have joined) regarding your account, payments, security events, and the Services generally. You may not unsubscribe from transactional emails while you have an active account, as they contain information you legally must receive.

For payout calls (specifically the live crypto payout scheduling calls), audio and screen-share recording may be made for fraud-prevention and dispute-resolution purposes. If we record a call, we will tell you at the start and you may decline, in which case we will offer an alternative payout method. Recordings are retained for the period stated in our Privacy Policy.

11. Tax and reporting responsibility

You are solely responsible for determining, reporting, and paying any tax obligations arising from your use of the Services, including but not limited to income tax, capital gains tax, GST, TDS, and any equivalent obligations in your jurisdiction. If applicable law requires us to deduct withholding tax from any payment we make to you (including referral payouts), we will deduct the required amount and remit it as required.

You are also responsible for any reporting obligations to your bank, your tax authority, or any regulator that applies to you.

12. No investment advice; your decisions

Nothing on the website, in the dashboard, on Telegram, or in any communication from FxKaran is investment advice, a personal recommendation, a solicitation, or an offer to buy or sell any financial instrument. You make your own decisions and assume full responsibility for the consequences. You will not represent FxKaran content as advice to others.

13. Limitation of liability

To the maximum extent permitted by law, FxKaran's total aggregate liability to you for any and all claims arising out of or in connection with the Services shall not exceed the total amount you paid to FxKaran in the three (3) months immediately preceding the event giving rise to the claim. If you have not paid FxKaran any amount in that period, our maximum aggregate liability is INR 1,000 (one thousand Indian rupees).

FxKaran shall not be liable for any indirect, consequential, special, incidental, exemplary, or punitive damages — including, without limitation, loss of profits, loss of revenue, loss of business, loss of opportunity, trading losses, broker-side losses, loss of data, or loss of goodwill — even if advised of the possibility of such damages.

Nothing in these Terms limits or excludes any liability that cannot be limited or excluded under applicable law.

14. Indemnity

You agree to indemnify, defend, and hold harmless FxKaran (and its principal, employees, contractors, sub-processors, and affiliates) from any claim, demand, loss, damage, liability, or expense (including reasonable legal fees) arising from or related to: your use of the Services in violation of these Terms or applicable law; your breach of any representation, warranty, or covenant in these Terms; the actions of any third party using your account due to your failure to safeguard your credentials; any tax liability or regulatory action arising from your trading activity; or your violation of any rights of a third party.

15. Termination by us

We may suspend or terminate your access immediately, with or without notice, if: you breach these Terms or our Acceptable Use policy; you provide false or misleading information; your conduct creates legal, financial, or reputational risk to FxKaran; we are required to do so by law, court order, or regulator; you fail to pay amounts when due; or we cease offering the Services entirely.

On termination, your obligations under sections 13 (Limitation of Liability), 14 (Indemnity), 16 (Survival), 21 (Governing Law and Disputes), and any other section that by its nature should survive termination, will survive.

16. Survival

The following sections survive any termination or expiry of these Terms: 1 (What FxKaran is — and is not), 7 (Referral program — for the purposes of any reward already unlocked at termination), 11 (Tax and reporting responsibility), 12 (No investment advice), 13 (Limitation of liability), 14 (Indemnity), 17 (Notices), 18 (Severability), 19 (Entire agreement), 20 (Assignment), 21 (Governing law and disputes).

17. Notices

Notices from FxKaran to you may be given by email to the address on file with your account, by message in your dashboard, or by message in a Telegram channel you have joined. Notices from you to FxKaran must be given by email to support@fxkaran.com — postal mail and notices delivered through any other channel will not be considered effective.

You are responsible for keeping your contact email address current. We are not responsible for missed notices caused by your email being out of date, full, blocking our domain, or otherwise unreachable.

18. Severability

If any provision of these Terms is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, that provision will be severed and the remaining provisions will remain in full force and effect. The invalid provision will be replaced by an enforceable provision that most closely reflects the original intent.

19. Entire agreement

These Terms — together with the Privacy Policy, the Risk Disclosure, and any specific agreements you accept during the use of the Services — constitute the entire agreement between you and FxKaran concerning the Services and supersede all prior or contemporaneous understandings, representations, or agreements, written or oral. No statement, promise, or representation made outside these documents forms part of the agreement.

20. Assignment

You may not assign or transfer these Terms, or any of your rights or obligations under them, without our prior written consent. Any unauthorised assignment is void.

FxKaran may assign, transfer, or sub-contract these Terms (in whole or in part) without your consent: to any successor entity (including the UAE entity referenced in section 21); in connection with a merger, acquisition, restructuring, or sale of all or substantially all of the assets associated with the Services; or to a sub-processor as part of routine operations. Where assignment results in a change of contracting party, you will be notified.

21. Governing law and disputes

These Terms are governed by, and construed in accordance with, the laws applicable at FxKaran's principal place of business. The courts of competent jurisdiction for FxKaran's principal place of business shall have exclusive jurisdiction over any disputes arising out of or in connection with these Terms, subject only to mandatory consumer-protection provisions of the laws of your country of residence that cannot be excluded by agreement.

You acknowledge that FxKaran intends to migrate its principal operations to the United Arab Emirates within the foreseeable future. Upon completion of that migration, FxKaran may, on notice issued under section 17, transfer the governing law and jurisdiction of these Terms to the UAE (and the courts of the relevant Emirate or DIFC, as applicable) in accordance with section 11 of the Privacy Policy and the change-of-Terms provisions at the top of this document.

22. Contact

For all questions about these Terms, your account, the Services, or privacy matters, email support@fxkaran.com.