Editorial Policy & Research Standards

1. Our Core Commitment to Factuality

At DematRefer.in, our editorial mission is to provide accurate, transparent, and actionable information on Demat accounts, UPI payments, and Indian public offerings (IPOs). Because our content directly informs consumer financial choices, we adhere strictly to high standards of factual verification.

We believe that referral websites often fail users when they sacrifice accuracy for clicks. We do not publish speculative, unverified referral rates, nor do we present temporary promotional bonuses as permanent features without disclosure.

2. Primary Sourcing & Verification Workflow

Every broker comparison table, tariff breakdown, and offer term published on DematRefer is traced to verifiable primary sources:

• Stock Exchanges & Regulators: SEBI circulars, National Stock Exchange (NSE), and Bombay Stock Exchange (BSE) public registries.
• IPO Filings: Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) submitted to SEBI and registrar portals (Link Intime, KFintech, Bigshare, Skyline).
• Broker Tariff Sheets: Official published schedule of brokerage, account maintenance fees, call & trade charges, and statutory GST / STT charges directly from broker websites.
• Referral Program Terms: Terms and Conditions documents officially published in broker partner portals and app stores.

We do not rely on secondhand forum hearsay or unverified social media screenshots for financial fee structures.

3. Grey Market Premium (GMP) Reporting Standards

The Grey Market for IPO applications is an unofficial, unregulated over-the-counter market. While retail investors frequently monitor GMP movements as sentiment indicators, DematRefer follows strict editorial guidelines when displaying GMP data:

• Explicit Disclaimer: Every GMP display is accompanied by a clear notice that Grey Market Premium is an unofficial market indicator and represents zero guarantee of actual listing gains.
• Timestamping: We display the recorded timestamp (Date & Time IST) for all GMP figures.
• Error & Outage Handling: If our automated feeds experience a latency disruption or failure, we flag the data rather than displaying obsolete information as live.
• Regulatory Compliance: We strongly discourage illegal unofficial cash transactions and emphasize that SEBI does not endorse or recognize the grey market.

4. Editorial Independence & Commercial Separation

DematRefer maintains strict separation between commercial referral partnerships and editorial assessments:

• Brokers cannot pay to hide genuine limitations, high AMC fees, or negative user feedback.
• Our pros & cons sections are constructed based on objective product features (e.g. absence of 3-in-1 banking, account maintenance charges, desktop platform stability).
• Referral commission amounts do not dictate our objective brokerage comparisons. A broker with lower referral payouts may still be recommended as our top pick for active intraday traders if their execution tools or charges are superior.

5. Corrections & Feedback Policy

Brokers frequently update their referral campaigns, voucher amounts, and account opening incentives. While our team performs regular audits, we welcome immediate user reports if an offer term has changed:

If you spot an outdated fee, broken referral link, or expired offer, please email us directly with the relevant broker circular or page URL at:

Our team reviews verified correction submissions within 24 to 48 business hours and updates all affected comparison tables immediately.