FAQ’s for Fantasy stocks and StockSaga
What is StockSaga?
StockSaga is a fantasy gaming application where we bring in the best of both worlds Sports & Stocks.
Instead of trading stocks of companies, Stocks of Sports players’ are traded.
What is fantasy stock trading?
Fantasy stocks trading refers to buying and selling stocks of sports players on the basis of their
realtime match performance.
What are fantasy stocks?
Fantasy Stocks are the virtual shares of a sports player. Stocks owned in StockSaga have no value
outside StockSaga and can only be traded within StockSaga.
How are the prices of fantasy stocks determined?
Fantasy stock prices will be based on their past, and current (in-match) performance. Our scoring
system will dynamically understand the match dynamics & value a player based on their expectation in
that match’s situation.
How is the base price of the player determined?
The base price of the player is determined by the player's past performances.
Can I determine the base price of a player?
No, it is determined by the player's past performances.
How to play on StockSaga App?
Log in with your mobile number to register on the StockSaga App. Follow the instructions as you
set up your personalized player profile. Once done, follow the steps to participate in this game
of skill.
- Start with a deep study about the sports players in the market and their past and in-match
performance.
- Build a portfolio of selective players who can be an asset in the coming days.
- The better the player plays on the pitch, the price goes up and vice versa.
- Once settled, start applying your skill and knowledge to buy and sell fantasy stocks
depending on the players on field performance.
Remember: Buy low, sell high, ITS THAT SIMPLE!!
A few important things to keep in mind:
- Market depth is shown to you, this will give you an exposure to modify your orders according
to market’s demand/supply.
- The order will be in pending state until the order gets executed.
- Orders can be modified until the order gets executed in terms of their quantity and price.
- The order can remain in pending state for a maximum of 3 days after which it gets canceled.
- A Brokerage of 0.5% will be applied on each buy/sell order.
What is a portfolio?
Portfolio is a list of Fantasy stocks you have bought or sold over time.
What is the market Price?
It is the price at which other users are buying and selling the same fantasy stock. Market price
would give you a better execution at a prevailing market rate.
What is custom Price?
Custom Price allows you to set a specific price at which you can buy or sell.
What are circuit limits or price bands?
“Circuit Limits” are predefined thresholds set by the system to control extreme price movements
in the stock price. When these limits are triggered, trading in a specific player stock is
temporarily halted.
The circuit limits, which can range from 5% to 30%, depend on factors such as liquidity, volume,
and the category of the stock. The specific upper and lower circuit levels for a particular
stock can be found in the market depth.
FAQ’s for IPO’s
When are the IPOs for new players listed?
IPO’s for new players are listed frequently. You will be notified about the new IPO release and you
can also check for any updates from the news section.
FAQ’s for Transactions Charges/ Withdrawals/ Wallets/ Orders
Is it safe to add money?
Adding money to your StockSaga account is both simple and safe. We have many different payment
options enabled on StockSaga and we work hard to ensure that your personal details are safe with
us.
What's more, after you verify your personal details, you can withdraw the money that you win on
StockSaga directly to your bank account.
Why is my order in pending state?
The order will be in pending state when the buyer's order value doesn't match the seller's order
value and vice versa. The order will be in pending state for 3 days from the time the order is
placed after which the order gets canceled and the amount that was deducted will be refunded.
Can I change my order request once placed?
Yes, Order once placed can be changed until the order gets executed.You can change the price in
which you want to sell/buy or you can also change the quantity of stocks you want to buy/sell.
How long can an order be in pending state?
The order can remain in pending state for a maximum period of 3 days OR the event end time after
which it gets canceled.
What payment methods can be used to add money in the wallet?
You can use Credit/Debit cards, Paytm, UPI, Netbanking to add money in the wallet.
What is the minimum and maximum amount that can be withdrawn?
Withdrawal amount minimum to maximum range depends on which withdrawal mode. For For Bank Withdrawal
the minimum limit is ₹1000 and the maximum is ₹1,00,000/day.
How long does it take for stock sage to credit the winning amount?
It can take upto 2-3 hours if initiated within banking hours or else it will be processed on the
next working day. In case of delay on the part of the Bank to credit the funds to users account, it
may take up to 3 working days.
Does StockSaga apply any charges on withdrawal?
No, StockSaga does not apply any charges on Withdrawal.
Can you withdraw the bonus amount?
No you cannot withdraw the bonus amount but you can use the bonus amount to purchase stocks or IPOs
according to certain conditions.
Is there any transaction fee for withdrawal amount?
Bank Transfer
- For any withdrawal amount of Rs. 10,000 or more, a flat 1% of the withdrawal amount (after
TDS) will be levied per transaction.
- The user's previous transaction should not be in the pending state.
Instant Withdrawal
- For up to the withdrawal amount (after TDS) of Rs. 1,000, flat Rs. 5 per transaction will be
levied.
- For withdrawal of any amount from Rs. 1,001 to Rs. 50,000, after TDS, flat Rs. 10 per
transaction will be levied.
FAQ’s for Fair Play Violation
What is not allowed in StockSaga?
- Creation of multiple accounts by one users,
- Creation of multiple accounts by misusing a referral link to get cash bonus,
- Any cash bonus withdrawal using unlawful means,
- Submission of fake documents or uploading someone else's document
What happens when?
