Terms of service

These Terms of Service govern your access to and use of this website, the SplitStock Android app, the sandbox, and the SplitStock product once launched, all operated by Splitshare Technologies Private Limited ("Splitshare", "SplitStock", "we", "us"). By using any of them you agree to be bound by these terms.

To use SplitStock you must be:

• At least 18 years old.
• A resident individual of India as defined under FEMA, eligible to remit funds abroad under the Liberalised Remittance Scheme.
• In possession of a valid PAN and any other documentation needed to complete KYC.
• Legally permitted to use our services under the laws that apply to you.

We may decline to onboard, or may suspend, any user who does not meet these requirements. The sandbox is open to anyone who can receive email, because it involves no money and no account.

SplitStock is in pre-launch. We are establishing the regulatory and brokerage partnerships required to operate. Until SplitStock formally launches:

• Unlocking the sandbox does not create an account, hold any funds, or constitute an investment of any kind.
• The sandbox is a simulation. It runs on live market data with practice money. No real money moves, no real shares are bought, and no position you see in it is a holding.

Once launched, SplitStock intends to operate strictly as a technology platform connecting Indian residents with licensed banking and brokerage partners to facilitate the acquisition of fractional interests in US listed securities within the framework of the Liberalised Remittance Scheme. SplitStock is not a registered broker dealer, an investment adviser, or a bank, and does not hold client funds or securities.

To use funded SplitStock you will need to complete identity verification in line with Indian regulatory requirements. You are responsible for keeping your credentials confidential and for activity under your account. Tell us immediately at ceo@splitshare.tech if you suspect unauthorised use.

We charge nothing today. There is no platform fee, no subscription and no currency markup, because no money moves.

Our full fee structure, covering any platform fee, foreign exchange markup and brokerage charges, will be published on this website before funded investing opens and before you are asked to fund anything. We will not introduce a charge without publishing it first.

We are offering SplitStock Pro at no cost to the first 500 people to join the early access list. This clause sets out what that is and what it is not, because it is promoted on our website and in advertising and you are entitled to hold us to it in writing.

Pro is a set of software features. It is not a security, not a financial product, not a financial service, and not investment advice. It does not change what you own, how it is held, who holds it, or any return you may receive. It confers no interest in Splitshare Technologies Private Limited and no entitlement to any payment.

No payment is involved. Pro is a promotional entitlement granted without consideration. It is not a paid subscription, no subscription is running, and nothing is or will be charged to you for it as a founding member. Because no amount is ever paid, no refund or cancellation right arises in respect of Pro. Our refunds and cancellation policy says the same.

How eligibility is decided. Each person who joins the early access list is assigned a sequential joining number at the moment they join. That number is recorded once and is never recalculated. If your joining number is 500 or lower, you are a founding member. Nothing anyone else does afterwards can change your number, and referring other people does not change it either. Referrals affect only your position in the queue for an invitation once funded investing opens.

Pro is not live yet, and the feature list is not final. Pro will become available when funded investing opens, which depends on regulatory and partner work that is not complete. The features described on our website are what Pro is being built to include. They may change before launch. If they do, the entitlement survives the change: founding members receive Pro as it exists at launch, at no cost. If a particular feature cannot lawfully be offered, it will be withdrawn for all users rather than only for founding members.

Limits. The entitlement attaches to the email address that joined the list. It is personal to you, is not transferable, cannot be sold or assigned, and cannot be exchanged for cash, fees or any other benefit. We may withdraw it, and remove entries from the list, where we reasonably determine that duplicate or automated signups were used to obtain founding places or to inflate a referral count. Where we do that we will tell the affected address and give reasons.

Founding membership does not affect eligibility under clause 2, does not shorten identity verification under clause 4, and does not exempt you from the charges levied by third parties described in clause 5, being the currency conversion spread and any bank remittance fee, which are not ours to waive.

Beyond general market risk, investing through SplitStock will carry:

• Currency risk: movements in the dollar to rupee rate affect the rupee value of your holdings independently of how the share performs.
• Regulatory risk: changes to remittance limits, FEMA rules or the tax treatment of foreign assets could affect your ability to invest or the return you keep.
• Liquidity risk: selling fractional shares may take longer, or be subject to different conditions, than selling on a domestic exchange, and fractions are generally not transferable between brokers.
• Technology and execution risk: outages or processing delays at us or at a partner could affect the timing of your transactions.

The full position is set out in the risk disclosure, which forms part of these terms.

All cross border transactions made through SplitStock are governed by the Liberalised Remittance Scheme. You are responsible for ensuring your use of SplitStock complies with applicable FEMA guidelines, including the annual remittance limit set by the RBI from time to time, and for any tax reporting obligations arising from holding foreign assets, including Schedule FA disclosure.

Where your aggregate remittances exceed the threshold set by the Finance Act in force, tax will be collected at source at the point of funding. This is adjustable against your total tax liability and is explained in the risk disclosure.

Reference: Foreign Exchange Management Act, 1999, and Section 206C(1G) of the Income Tax Act, 1961 with its corresponding provision under the Income Tax Act, 2025.

You agree not to:

• Provide false information during KYC.
• Use SplitStock for money laundering or any unlawful purpose.
• Attempt to circumvent remittance limits by using multiple identities.
• Interfere with, or attempt to gain unauthorised access to, our systems.
• Use automated means to scrape or misuse this website.

All content on this website and within SplitStock, including our name, logo, design, and the certificate of fractional ownership format, is the property of Splitshare Technologies Private Limited and may not be copied or reused without our permission.

SplitStock relies on third party banking, brokerage and KYC partners to function. We are not responsible for the acts or omissions of these independent third parties, though we select them with reasonable care and require them to meet applicable regulatory standards.

This website, the app and the sandbox are provided as is, without warranties of any kind. To the fullest extent permitted by law, Splitshare Technologies Private Limited will not be liable for indirect, incidental or consequential loss arising from your use of this website or, once launched, the SplitStock product.

Nothing in this clause excludes liability that cannot be excluded under Indian law, liability resulting from our gross negligence or wilful misconduct, or liability whose exclusion is prohibited under the Consumer Protection Act, 2019 or applicable SEBI or IFSCA regulation.

We may suspend or terminate your access if you breach these terms, if required by a regulator or law enforcement authority, or to protect the integrity of the platform. You may stop using our services, or ask to be removed from our list, at any time by contacting us or through the account deletion page.

These terms are governed by the laws of India. Any dispute arising out of or relating to them is subject to the non-exclusive jurisdiction of the courts at Gautam Buddha Nagar, Uttar Pradesh. Non-exclusive is deliberate: it preserves your right under the Consumer Protection Act, 2019 to file where you live rather than where we are registered.

Where a matter is mandatorily governed by a specific regulatory forum, such as a prescribed grievance mechanism once SplitStock is operational, that forum applies instead.

We may update these terms as the product, our partnerships and our regulatory status change, particularly before funded investing opens. The updated version will be posted here, and where changes are material we will make reasonable efforts to tell you directly.

Questions about these terms go to ceo@splitshare.tech, or by post to Splitshare Technologies Private Limited, Greater Noida, Gautam Buddha Nagar, Uttar Pradesh, India.