You can track your winnings in the "Summary" section in the "Portfolio" tab, where you can get an overview of the coins invested, realised and unrealised gain/loss along with coins remaining.
If your player stock is in a loss of 80% or more, it will be sold automatically, and the remaining amount will be added to your Wallet. We'll also send you an alert if it falls by 70% or further.
By giving away Discount XP, Sixer intends to offer our valued users an amazing investor experience. You can use this amount to trade on fantasy stocks and subsequently transfer them. They cannot be transferred directly.
Yes, you can use 10% of the total transaction from your discount bonus for trading. Let’s say you are trading for 100 stocks of a player, who is priced at ₹30. The total amount required will be 3000, out of which you can use a Cash Bonus of 300 (10% of the total amount) in this transaction.
Yes, your referral will also receive a Discount Bonus of 25 after signing up.
Yes, as the same scoring system is used for Up and Down positions, the performance average is also the same.
If a player in the Sixer Player Roster retires, you will be allowed to sell that particular player at the last sell price without any issue, regardless of the number of matches he has been held for in your portfolio.
Based on your skill and knowledge of the game, you can take up two positions:
No, you cannot hold UP and DOWN positions in the same player at the same time. For example, If you already own an UP position in a player, then you will not be allowed to buy a Down position in the same player.
In case of an abandoned match, the prices will be reset to what they where at the beginning of the match. The match will be marked as N/A with no price changes in the Sixer Market.
You can hold a player stock in your portfolio for a maximum of ten matches. Sixer's Flexi Portfolio option allows portfolio modifications based on the number of players owned: owning less than 3 players requires a minimum hold for 3 matches while owning 3 or more allows selling players after just one game., i.e. the player featuring in the squad. After the completion of the 10th match, your fantasy stock will be automatically sold.
No, you can even buy one player’s stocks in the Sixer Market and create your portfolio. However, you can sell them at any point once the stocks have satisfied the minimum match count requirement.
Yes, the trading fee for Up and Down positions may differ due to differences in supply and demand for future assets in the two positions.
No. For a player’s fantasy stock to be eligible for selling, he/she should be part of at least one squad game.
Yes, Men’s and Women’s cricketers and their performances (prices and match scores) are valued through unique scoring and pricing systems.
The major difference within the two scoring systems is the bounds. Male cricketers can achieve a score between 0 to 200 in Super Assets whereas there are no bounds for Female cricketers in their Super Assets.
The prices are impacted by the performance of the player across two to ten matches. The price moves depending on how the player performs relative to their Performance Average. If they perform above the Performance Average in a given match, the price goes up, if they perform worse than their Performance Average in a given match, their price goes down.You can hold a player’s fantasy stocks for a minimum of two matches and a maximum of ten games.
You can wish to sell after holding for two matches or can hold until the ten match window is completed.
For instance, let's take Sam Curran and assume that we have bought his stocks for ₹49 per Share. If Sam scores a hundred or outscores his Performance Average, his price will increase and may go up to ₹59 per Share, which is an increase in the amount you invested initially. By selling at ₹59 per Share, you can make a profit of ₹10 per Share because of Sam Curran's good performance!
You can hold the asset for a minimum of one match and a maximum of five games. You can wish to sell after holding for one match or can hold until the five-match window is completed.
All international matches including ICC tournaments and Associate Nation cricket and the major T20 franchise league competitions are considered in the Sixer scoring system such as:
Men’s Coverage:
Women’s Coverage:
At any given time, the price of the asset will be the combined value of the total score achieved in completed/live games and the score expectation in the remaining games for that particular stock.
For example, if a player's asset is priced at ₹35 after two matches and he has scored 5 & 7 in the first two games, then his total score expectation in the next three games will be 23.
The Futures Assets in Sixer allow users to buy and sell cricket players virtual stocks by predicting their scores over a span of five matches.
Most transactions are completed on the same day. However, sometimes banks can take 3-4 business days to make the payment. You will receive the amount in the name of "CASHFREE PAYMENTS INDIA PRIVATE LIM” or “Pasfar Technologies".
Once you have sold your stocks and are ready to withdraw, you can withdraw the desired amount using the "Withdraw" option in the "My Account" tab.
The minimum deposit in Sixer is INR 10 while you can deposit a maximum of INR 20,00,000 per month.
From October 1st, 2023, a 28% GST is applied to all deposits made on online gaming platforms, including Sixer.
When you make a deposit on Sixer, a 28% GST deduction will be applied to the deposited amount. For example, if you deposit 1000 INR, 218.75 INR will be remitted to the government as GST, and your Unutilized Deposit Balance will display 781.25 INR.
However, Sixer will credit the equivalent amount deducted from your deposit as a Discount XP immediately.
For TDS calculations, the entire amount you deposit will be considered towards your deposited amount. For example, if you deposit 1000 INR and 218.75 INR is deducted for GST, then attempt to withdraw 1000 INR, no TDS will be charged. This example assumes your previous financial year closing balance is 0.
No, the Discount XP amount cannot be withdrawn directly, however, you can use this amount to trade in the Sixer market.
The GST rate applied to deposits on Sixer may be subject to change in accordance with government policies. It is advisable to stay updated with Sixer's official communications for any changes in the GST rate.
You can view the GST deductions and credits in your account statement or transaction history on the Sixer platform. This will provide a clear record of how GST is applied to your deposits and any corresponding Discount Bonuses.
No, Sixer does not cover the GST on deposits. The GST is deducted from the deposited amount, and the remaining balance is credited to your Unutilized Deposit Balance.
Sixer does, however, credit the equivalent amount deducted from your deposit as a Discount XP, which can be used for trading, but it does not cover or reimburse the GST amount itself.
No, GST is not applied to stock buying or selling transactions. It is specifically applied only to deposits made on online gaming platforms.
No Govt. Tax (TDS) will be applicable in case of net loss at the time of withdrawal or at the end of the financial year.
You can check out the detailed TDS breakup while making a withdrawal by clicking on “View Details”.
You can also check all your previous withdrawals in the wallet timeline section of the app. Go to Sixer wallet → Wallet timeline → Deposits and Withdrawals. Here you can see all your past deposits and withdrawals along with if any TDS was deducted on each withdrawal.
No, TDS will be deducted on the taxable amount on every withdrawal and in case of no withdrawals, TDS will be deducted from your closing balance at the end of every financial year.
Don’t worry; you can claim your Govt. Tax (TDS) refund when filing your Income Tax Returns (ITR) for that financial year. TDS certificate will be provided to you before the end of financial year upon request.
The taxable amount is defined as the difference between your withdrawals and deposits in the FY. Here’s how the taxable amount is calculated:
Taxable amount (Net Winnings) = A - B - C - D
Did you know?
1 April to 31 march is considered a financial year (FY).
you can check out some examples here.
No. your account balance holdings before 1 April 2023 will not incur a Govt. Tax (TDS) deduction as per the new update.
The taxable amount at the end of the financial year (31 March) will be subject to Govt. Tax (TDS) at 30%. TDS will be deducted from your closing balance as on 31 March, 2024.
Note - A, B, D & E are calculated for the current FY (Financial Year) i.e. 1st April 2023 onwards.
The new Govt. Tax (TDS) law, as defined in the Finance Act, 2023, has been in effect since 1 April 2023. According to the law, 30% of your taxable amount (net winnings) is deducted as TDS on withdrawal.
No, you cannot verify your KYC using UPI wallets, digital payment banks and NRE accounts.
You can upload any of the following documents - Bank Statement, Chequebook, Passbook and a screenshot of your NetBanking profile page. Please ensure your document has your name, bank account number and IFSC code clearly visible and they should match with the details that you enter on the app during the verification process.
You might have received an email explaining the cause for rejecting your KYC documents. You can upload your details once again while adhering to the standard procedure of KYC Verification, i.e. uploading clear images of PAN card and Bank account documents with your name, date of birth, bank account number and PAN card number clearly visible.
As per KYC regulations, you can only create one account with a PAN card and Bank Account on Sixer.
Note: Once your PAN is successfully verified, you cannot unlink it from your account.
Yes, PAN and Bank Verification is mandatory as withdrawals involve transferring your winning amount to your bank account and also to issue TDS certificates whenever necessary.
Once the details are submitted, we work as fast as possible. However, it may take up to 1-5 business days for your details to be verified. You will receive an update as and when the verification is complete.
Yes, your details are perfectly secure with us. We do not store your credit/debit card details, including your CVV. We only work with trusted third party payment gateways with 3D secure authentication to ensure safety and security of all your financial transactions.
There could be a few possible reasons as to why your documents are getting rejected. It could be because:
It's simple! All you need to do is select the "Account Verification" option in the "My Account" section and upload your details, including images of your PAN card and Bank Account documents. Kindly ensure that the following: PAN Card: Name, Date of Birth and PAN Account Number should be clear. Bank Account Document: Name, IFSC Code and Bank Account Number should be clear.
Sometimes orders fail if the player’s stocks are no longer available by the time the order is processed. In-Match Trading is dynamic, and the player list can change quickly. Please check the Match Center to see which players are still available.
The list of tradable players can change during the match. If a player is no longer available for in-trading, they are removed from the list.
Yes, if the player is available for In-Match Trading, you can buy additional stocks during the match, up to the max limit.
In-Match Trading is made available for a selected set of players during the match. The list may change from time to time based on various in-game factors.
No, you can only buy players during the match. All stocks will be sold automatically after the match ends.
You can go to the Live section of the Match Center and select the match. All players whose stocks are available for In-Match Trading will be listed there.
No, only selected matches will have In-Match Trading. You can check if a match has In-Match Trading enabled by going to the Match Center in the app.
In-Match Trading is a special feature that allows you to buy fantasy stocks of players even after the match has started.
No, the residents of Tamil Nadu cannot play Sixer.
Due to the new Tamil Nadu Online Gaming Authority (Real Money Games) Regulations, 2025 (ROC No. 133/Admin/TNOGA/2024), Sixer is required to temporarily disable trading real money gaming for users located in Tamil Nadu.
You can buy or sell a maximum of 8000 stocks in each player. The maximum number of virtual stocks that can be bought and sold in a single transaction may vary depending on the market factors.
Yes, you can hold a maximum of 8000 stocks in a player at a time.
If the player retires before his next game,we will help you in selling the stocks at the prevalent price, so you can buy the relevant players’ stocks from the upcoming matches.
Yes, you can buy stocks until the official match start time. The trading gets blocked once the match is started.
Once the match is completed, the stocks are sold automatically within a few hours and the amount is credited to your wallet.
In case of an abandoned match, the prices will be reset to what they were at the beginning of the match. The match will be marked as N/A with no price changes in the player’s price.
For every Sixer trade on the Sixer platform, a trading fee of 2% to 16% is applicable based on market conditions and is charged on the value of the stocks being traded.
In case your player isn’t part of the playing XI, you stocks are auto-sold and the total amount (including fee) is refunded to your source wallets.
Based on your skill and knowledge of the game, you can take up two positions:
Up Stock: If you think a player will play well in his upcoming games and will score more than his expected score, you can buy the “Up” stocks.
Down Stock: If you think a player will underperform and will score less than his expected score, you can buy the “Down” stocks.
In such a case, the player will be given a match score equivalent to the pre-match expected score, resulting in no change in the price.
The raw score is calculated using our scoring system,
where Raw score = Batting Score + Bowling Score + Felding Score + Playing XI Points.
A player can score a minimum of 0 and a maximum of 10 match score based on their performance in the live game.
The profits are calculated based on the buy price of the player and the match score the player achieves in the game.
For example, if a user buys a player’s stock at INR 5 and the player achieves a match score of 8 in the game, then (8 - 5) = INR 3 becomes the profit.
The price can change based on market demand. If users buy UP stocks, the price increases, and if users buy Down stocks, the price decreases.
The price of a fantasy stock is the expected match points in the next game.
Price = Expected Points | 1 Point = ₹ 1
For example, if a player's stock is priced at ₹5, the player is expected to score 5 points in the next game.
The minimum deposit in Sixer is INR 1 while you can deposit a maximum of INR 20,00,000 per month.
The GST rate applied to deposits on Sixer may be subject to change in accordance with government policies. It is advisable to stay updated with Sixer's official communications for any changes in the GST rate.
No. your account balance holdings before 1 April 2023 will not incur a Govt. Tax (TDS) deduction as per the new update.
The scaled scores are capped at 10 to standardize the performance of the player in a match and to fairly evaluate the player based on his/her performance.
There a few possible reasons as to why your documents are getting rejected. It could be because:
Once your account is verified, you can withdraw the desired amount from INR 25 (Minimum) to INR 1,00,000 (Maximum) in a day.
From October 1st, 2023, a 28% GST is applied to all deposits made on online gaming platforms, including Sixer.
A game of skill is when a player invests his/her time in learning, practising and refining his skill to perform in a particular game. The Supreme Court noted that games of skill would be where
No, withdrawals are free of service charges. You can withdraw your earnings without any additional fees. However, Tax Deducted at Source (TDS) will be applied to your winnings for the financial year, as per applicable tax regulations.
Don’t worry; you can claim your Govt. Tax (TDS) refund when filing your Income Tax Returns (ITR) for that financial year. TDS certificate will be provided to you before the end of financial year upon request.
The taxable amount at the end of the financial year (31 March) will be subject to Govt. Tax (TDS) at 30%. TDS will be deducted from your closing balance as on 31 March, 2024
Note - A, B, D & E are calculated for the current FY (Financial Year) i.e. 1st April 2023 onwards.
No Govt. Tax (TDS) will be applicable in case of net loss at the time of withdrawal or at the end of the financial year.
You can upload any of the following documents - Bank Statement, Chequebook, Passbook and a screenshot of your NetBanking profile page. Please ensure your document has your name, bank account number and IFSC code clearly visible and they should match with the details that you enter on the app during the verification process.
You might have received an email explaining the cause for rejecting your KYC documents. You can upload your details once again while adhering to the standard procedure of KYC Verification, i.e. uploading clear images of PAN card and Bank account documents with your name, date of birth, bank account number and PAN card number clearly visible.
No, TDS will be deducted on the taxable amount on every withdrawal and in case of no withdrawals, TDS will be deducted from your closing balance at the end of every financial year.
If you log out and log in multiple times, your account will get blocked for 4 hours. To prevent this from happening, please don't repeatedly log out and log in to your account. Unfortunately, as this is controlled by Google, we can't unlock your account until the 4 hours are complete.
For TDS calculations, the entire amount you deposit will be considered towards your deposited amount. For example, if you deposit 1000 INR and 218.75 INR is deducted for GST, then attempt to withdraw 1000 INR, no TDS will be charged. This example assumes your previous financial year closing balance is 0.
Yes, PAN and Bank Verification is mandatory as withdrawals involve transferring your winning amount to your bank account and also to issue TDS certificates whenever necessary.
Of course! Sixer is a game of skill, you are using your skill to choose and hold players over time. You have to hold a stock for at least one or three matches matches (as per the Flexi Portfolio requirement) that his team has played in.
Most transactions are completed on the same day. However, sometimes banks can take 3-4 business days to make the payment. You will receive the amount in the name of "CASHFREE PAYMENTS INDIA PRIVATE LIM” or “Pasfar Technologies".
You can deposit a maximum of INR 20,00,000 per month and INR 1,00,00,000 on a yearly basis.
While creating your portfolio, you have to buy at least three players' stocks, out of which two players should be in the Up position and one in the Down position.
As per KYC regulations, you can only create one account with a PAN card and Bank Account on Sixer.
Note: Once your PAN is successfully verified, you cannot unlink it from your account.
Once the details are submitted, we work as fast as possible. However, it may take up to 1-3 business days for your details to be verified. You will receive an update as and when the verification is complete.
The match score is derived using the following formulas:
Match Score (Two Innings/Tests) = (Raw Score- 45) / 23 + 5
Match Score (One-Day) = (Raw Score- 45) / 24.5 + 5
Match Score (T20) = (Raw Score- 46) / 22.5 + 5
Match Score (T10) = (Raw Score- 35.4) / 22.25 + 5
The raw score is the total score attained by a player in a match as per the scoring system.
The match score is derived using the following formulas:
Match Score (One-Day) = (Raw Score - 49) / 23.5 + 5
Match Score (T20) = (Raw Score - 45.5) / 23 + 5
The raw score is the total score attained by a player in a match as per the scoring system.
Rain Multipliers are used to account for the impact of rain in any limited-over game. A multiplier is used in the Batting & Bowling scores of the players. For more details on the multipliers, please refer to the Rain Multiplier section under the Scoring System.
Example: If a T20 match is reduced to 14 overs, then a multiplier of 1.5 will be used in the batting & bowling scores of all the players. If player A has attained the match score of 60 with the following scores:
Batting Score: 26
Bowling Score: 25
Playing XI: 5
Fielding: 4
After the multiplier is applied, the new scores will be as follows:
Batting Score: 26*1.5 = 39
Bowling Score: 25*1.5 = 37.5
Playing XI: 5
Fielding: 4
Total Match Score: 85.5
The taxable amount is defined as the difference between your withdrawals and deposits in the FY. Here’s how the taxable amount is calculated:
Taxable amount (Net Winnings) = A - B - C - D
Did you know?
1 April to 31 march is considered a financial year (FY).
you can check out some examples here.
When you make a deposit on Sixer, a 28% GST deduction will be applied to the deposited amount. For example, if you deposit 1000 INR, 218.75 INR will be remitted to the government as GST, and your Unutilized Deposit Balance will display 781.25 INR.
However, Sixer will credit the equivalent amount deducted from your deposit as a Discount XP immediately.
You can keep track of live price changes and score updates on the Match Center. You can track your winnings in the "Summary" section in the "Portfolio" tab, which provides an overview of the money invested, realised and unrealised gain/loss and more.
It's simple! All you need to do is select the "Account Verification" option in the "My Account" section and upload your details, including images of your PAN card and Bank Account documents. Kindly ensure that the following: PAN Card: Name, Date of Birth and PAN Account Number should be clear. Bank Account Document: Name, IFSC Code and Bank Account Number should be clear.
You can view the GST deductions and credits in your account statement or transaction history on the Sixer platform. This will provide a clear record of how GST is applied to your deposits and any corresponding Discount Bonuses.
You can deposit money on Sixer through various modes such as Card, UPIs, Wallets and Net Banking. To add money into your Sixer Wallet, you can do so by selecting the "Add Money" option in the "My Account" tab, which then directs you to the payment gateway.
No, GST is not applied to stock buying or selling transactions. It is specifically applied only to deposits made on online gaming platforms.
You can check out the detailed TDS breakup while making a withdrawal by clicking on “View Details”.
You can also check all your previous withdrawals in the wallet timeline section of the app. Go to Sixer wallet → Wallet timeline → Deposits and Withdrawals. Here you can see all your past deposits and withdrawals along with if any TDS was deducted on each withdrawal.
No, Sixer does not cover the GST on deposits. The GST is deducted from the deposited amount, and the remaining balance is credited to your Unutilized Deposit Balance.
Sixer does, however, credit the equivalent amount deducted from your deposit as a Discount XP, which can be used for trading, but it does not cover or reimburse the GST amount itself.
No, you cannot hold UP and DOWN stocks in the same player at the same time. For example, If you already own an UP stock in a player, then you will not be allowed to buy a Down stock in the same player.
No, the residents of Meghalaya, Assam, Andhra Pradesh, Telangana, Nagaland and Sikkim are not permitted to play pay-to-play formats of any online games, which is the case of Sixer as well.
Once you have sold your stocks and are ready to withdraw, you can withdraw the desired amount using the "Withdraw" option in the "My Account" tab.
No, you cannot verify your KYC using UPI wallets, digital payment banks and NRE accounts.
Yes, you can track the market prices of a player’s fantasy stock in real time on the platform.
No, the Discount XP amount cannot be withdrawn directly, however, you can use this amount to trade in the Sixer market.
Yes, your details are perfectly secure with us. We do not store your credit/debit card details, including your CVV. We only work with trusted third party payment gateways with 3D secure authentication to ensure safety and security of all your financial transactions.
No, Sixer is strictly for users who are 18 years of age or above.
The new Govt. Tax (TDS) law, as defined in the Finance Act, 2023, has been in effect since 1 April 2023. According to the law, 30% of your taxable amount (net winnings) is deducted as TDS on withdrawal.
Once you have verified your PAN on your Sixer account, you can request your TDS certificate. We aim to provide your TDS certificate to you via email by the deadline specified below.
The new Govt. Tax (TDS) law, as defined in the Finance Act, 2023, has been in effect since 1 April 2023. According to the law, 30% of your taxable amount (net winnings) is deducted as TDS on withdrawal.
You can check out the detailed TDS breakup while making a withdrawal by clicking on “View Details”.
You can also check all your previous withdrawals in the wallet timeline section of the app. Go to Sixer wallet → Wallet timeline → Deposits and Withdrawals. Here you can see all your past deposits and withdrawals along with if any TDS was deducted on each withdrawal.
No, TDS will be deducted on the taxable amount on every withdrawal and in case of no withdrawals, TDS will be deducted from your closing balance at the end of every financial year.
No Govt. Tax (TDS) will be applicable in case of net loss at the time of withdrawal or at the end of the financial year.
Don’t worry; you can claim your Govt. Tax (TDS) refund when filing your Income Tax Returns (ITR) for that financial year. TDS certificate will be provided to you before the end of financial year upon request.
No. your account balance holdings before 1 April 2023 will not incur a Govt. Tax (TDS) deduction as per the new update.
The taxable amount is defined as the difference between your withdrawals and deposits in the FY. Here’s how the taxable amount is calculated:
Taxable amount (Net Winnings) = A - B - C - D + E
Did you know?
1 April to 31 march is considered a financial year (FY).
you can check out some examples here.
The taxable amount at the end of the financial year (31 March) will be subject to Govt. Tax (TDS) at 30%. TDS will be deducted from your closing balance as on 31 March, 2024
Note - A, B, D & E are calculated for the current FY (Financial Year) i.e. 1st April 2023 onwards.
Yes, your referral will also receive a Discount XP of 10 after signing up.
Discount XP is valid for 180 days from the time of credit in your Discount XP Balance.
Yes, if your referral has not made any trades, they can use your code. To apply the referral code, go to the 'Invite Friends' section, which is available on the 'My Account' page, and enter the six-digit referral code.
Currently, there is no limit to the number of referrals that can be made. The more successful referrals you invite, the more Discount XP you get.
To redeem Discount XP, go to the Discount XP section on the “Wallet” page and click on "Redeem All". The eligible amount will be transferred to your Winnings Balance. Note that you cannot redeem more Discount XP than the amount you currently have in your Discount XP Balance.
You will receive 10 Discount XP in your Discount XP Balance when your referral signs up using your code.
When your friend uses your referral code and makes their first deposit, both you and your friend receive 40 Discount XP each.
Every user gets a unique six-letter referral code to refer customers and earn Discount XP. You can find your referral code by selecting the 'Invite Friends' option in the 'My Account' tab, where you can also share your referral code with your friends.
To speed up the process of redeeming your Discount XP, you need to unlock certain levels by trading stocks in fantasy players. The more levels you unlock, the greater the amount of Discount XP you can redeem and transfer to your Winnings Balance.
Yes, you can use Discount XP to fully or partially cover the order amount (excluding fees) on all buy transactions. For example, if you have 3000 Discount XP in your Discount XP Balance and you are trading 100 stocks of a player priced at ₹30, the total amount required will be 3000, allowing you to use all 3000 Discount XP from your Discount XP Balance.
By giving away Discount XP, Sixer intends to offer our valued users an amazing investor experience. You can use this amount to trade fantasy stocks and subsequently unlock your Discount XP. They cannot be transferred directly. However, once you unlock Discount XP, it can be redeemed to your Winnings balance.
There a few possible reasons as to why your documents are getting rejected. It could be because:
You can upload any of the following documents - Bank Statement, Chequebook, Passbook and a screenshot of your NetBanking profile page. Please ensure your document has your name, bank account number and IFSC code clearly visible and they should match with the details that you enter on the app during the verification process.
You might have received an email explaining the cause for rejecting your KYC documents. You can upload your details once again while adhering to the standard procedure of KYC Verification, i.e. uploading clear images of PAN card and Bank account documents with your name, date of birth, bank account number and PAN card number clearly visible.
Yes, PAN and Bank Verification is mandatory as withdrawals involve transferring your winning amount to your bank account and also to issue TDS certificates whenever necessary.
As per KYC regulations, you can only create one account with a PAN card and Bank Account on Sixer.
Note: Once your PAN is successfully verified, you cannot unlink it from your account.
Once the details are submitted, we work as fast as possible. However, it may take up to 1-3 business days for your details to be verified. You will receive an update as and when the verification is complete.
It's simple! All you need to do is select the "Account Verification" option in the "My Account" section and upload your details, including images of your PAN card and Bank Account documents. Kindly ensure that the following: PAN Card: Name, Date of Birth and PAN Account Number should be clear. Bank Account Document: Name, IFSC Code and Bank Account Number should be clear.
No, you cannot verify your KYC using UPI wallets, digital payment banks and NRE accounts.
Yes, your details are perfectly secure with us. We do not store your credit/debit card details, including your CVV. We only work with trusted third party payment gateways with 3D secure authentication to ensure safety and security of all your financial transactions.
Once your account is verified, you can withdraw the desired amount from INR 25 (Minimum) to INR 1,00,000 (Maximum) in a day.
No, withdrawals are free of service charges. You can withdraw your earnings without any additional fees. However, Tax Deducted at Source (TDS) will be applied to your winnings for the financial year, as per applicable tax regulations.
Most transactions are completed on the same day. However, sometimes banks can take 3-4 business days to make the payment. You will receive the amount in the name of "CASHFREE PAYMENTS INDIA PRIVATE LIM” or “Pasfar Technologies".
Once you have sold your stocks and are ready to withdraw, you can withdraw the desired amount using the "Withdraw" option in the "My Account" tab.
The minimum deposit in Sixer is INR 1 while you can deposit a maximum of INR 20,00,000 per month.
The GST rate applied to deposits on Sixer may be subject to change in accordance with government policies. It is advisable to stay updated with Sixer's official communications for any changes in the GST rate.
From October 1st, 2023, a 28% GST is applied to all deposits made on online gaming platforms, including Sixer.
For TDS calculations, the entire amount you deposit will be considered towards your deposited amount. For example, if you deposit 1000 INR and 218.75 INR is deducted for GST, then attempt to withdraw 1000 INR, no TDS will be charged. This example assumes your previous financial year closing balance is 0.
You can deposit a maximum of INR 20,00,000 per month and INR 1,00,00,000 on a yearly basis.
When you make a deposit on Sixer, a 28% GST deduction will be applied to the deposited amount. For example, if you deposit 1000 INR, 218.75 INR will be remitted to the government as GST, and your Unutilized Deposit Balance will display 781.25 INR.
However, Sixer will credit the equivalent amount deducted from your deposit as a Discount XP immediately.
You can view the GST deductions and credits in your account statement or transaction history on the Sixer platform. This will provide a clear record of how GST is applied to your deposits and any corresponding Discount Bonuses.
You can deposit money on Sixer through various modes such as Card, UPIs, Wallets and Net Banking. To add money into your Sixer Wallet, you can do so by selecting the "Add Money" option in the "My Account" tab, which then directs you to the payment gateway.
No, GST is not applied to stock buying or selling transactions. It is specifically applied only to deposits made on online gaming platforms.
No, Sixer does not cover the GST on deposits. The GST is deducted from the deposited amount, and the remaining balance is credited to your Unutilized Deposit Balance.
Sixer does, however, credit the equivalent amount deducted from your deposit as a Discount XP, which can be used for trading, but it does not cover or reimburse the GST amount itself.
No, the Discount XP amount cannot be withdrawn directly, however, you can use this amount to trade in the Sixer market.
No. your account balance holdings before 1 April 2023 will not incur a Govt. Tax (TDS) deduction as per the new update.
Don’t worry; you can claim your Govt. Tax (TDS) refund when filing your Income Tax Returns (ITR) for that financial year. TDS certificate will be provided to you before the end of financial year upon request.
The taxable amount at the end of the financial year (31 March) will be subject to Govt. Tax (TDS) at 30%. TDS will be deducted from your closing balance as on 31 March, 2024
Note - A, B, D & E are calculated for the current FY (Financial Year) i.e. 1st April 2023 onwards.
No Govt. Tax (TDS) will be applicable in case of net loss at the time of withdrawal or at the end of the financial year.
No, TDS will be deducted on the taxable amount on every withdrawal and in case of no withdrawals, TDS will be deducted from your closing balance at the end of every financial year.
The taxable amount is defined as the difference between your withdrawals and deposits in the FY. Here’s how the taxable amount is calculated:
Taxable amount (Net Winnings) = A - B - C - D
Did you know?
1 April to 31 march is considered a financial year (FY).
you can check out some examples here.
You can check out the detailed TDS breakup while making a withdrawal by clicking on “View Details”.
You can also check all your previous withdrawals in the wallet timeline section of the app. Go to Sixer wallet → Wallet timeline → Deposits and Withdrawals. Here you can see all your past deposits and withdrawals along with if any TDS was deducted on each withdrawal.
The new Govt. Tax (TDS) law, as defined in the Finance Act, 2023, has been in effect since 1 April 2023. According to the law, 30% of your taxable amount (net winnings) is deducted as TDS on withdrawal.
Once you have verified your PAN on your Sixer account, you can request your TDS certificate. We aim to provide your TDS certificate to you via email by the deadline specified below.
The new Govt. Tax (TDS) law, as defined in the Finance Act, 2023, has been in effect since 1 April 2023. According to the law, 30% of your taxable amount (net winnings) is deducted as TDS on withdrawal.
You can check out the detailed TDS breakup while making a withdrawal by clicking on “View Details”.
You can also check all your previous withdrawals in the wallet timeline section of the app. Go to Sixer wallet → Wallet timeline → Deposits and Withdrawals. Here you can see all your past deposits and withdrawals along with if any TDS was deducted on each withdrawal.
No, TDS will be deducted on the taxable amount on every withdrawal and in case of no withdrawals, TDS will be deducted from your closing balance at the end of every financial year.
No Govt. Tax (TDS) will be applicable in case of net loss at the time of withdrawal or at the end of the financial year.
Don’t worry; you can claim your Govt. Tax (TDS) refund when filing your Income Tax Returns (ITR) for that financial year. TDS certificate will be provided to you before the end of financial year upon request.
No. your account balance holdings before 1 April 2023 will not incur a Govt. Tax (TDS) deduction as per the new update.
The taxable amount is defined as the difference between your withdrawals and deposits in the FY. Here’s how the taxable amount is calculated:
Taxable amount (Net Winnings) = A - B - C - D + E
Did you know?
1 April to 31 march is considered a financial year (FY).
you can check out some examples here.
The taxable amount at the end of the financial year (31 March) will be subject to Govt. Tax (TDS) at 30%. TDS will be deducted from your closing balance as on 31 March, 2024
Note - A, B, D & E are calculated for the current FY (Financial Year) i.e. 1st April 2023 onwards.
In such a case, the player will be given a match score equivalent to the pre-match expected score, resulting in no change in the price.
The raw score is calculated using our scoring system,
where Raw score = Batting Score + Bowling Score + Felding Score + Playing XI Points.
A player can score a minimum of 0 and a maximum of 10 match score based on their performance in the live game.
The profits are calculated based on the buy price of the player and the match score the player achieves in the game.
For example, if a user buys a player’s stock at INR 5 and the player achieves a match score of 8 in the game, then (8 - 5) = INR 3 becomes the profit.
The price can change based on market demand. If users buy UP stocks, the price increases, and if users buy Down stocks, the price decreases.
The price of a fantasy stock is the expected match points in the next game.
Price = Expected Points | 1 Point = ₹ 1
For example, if a player's stock is priced at ₹5, the player is expected to score 5 points in the next game.
The scaled scores are capped at 10 to standardize the performance of the player in a match and to fairly evaluate the player based on his/her performance.
The match score is derived using the following formulas:
Match Score (Two Innings/Tests) = (Raw Score- 45) / 23 + 5
Match Score (One-Day) = (Raw Score- 45) / 24.5 + 5
Match Score (T20) = (Raw Score- 46) / 22.5 + 5
Match Score (T10) = (Raw Score- 35.4) / 22.25 + 5
The raw score is the total score attained by a player in a match as per the scoring system.
The match score is derived using the following formulas:
Match Score (One-Day) = (Raw Score - 49) / 23.5 + 5
Match Score (T20) = (Raw Score - 45.5) / 23 + 5
The raw score is the total score attained by a player in a match as per the scoring system.
Rain Multipliers are used to account for the impact of rain in any limited-over game. A multiplier is used in the Batting & Bowling scores of the players. For more details on the multipliers, please refer to the Rain Multiplier section under the Scoring System.
Example: If a T20 match is reduced to 14 overs, then a multiplier of 1.5 will be used in the batting & bowling scores of all the players. If player A has attained the match score of 60 with the following scores:
Batting Score: 26
Bowling Score: 25
Playing XI: 5
Fielding: 4
After the multiplier is applied, the new scores will be as follows:
Batting Score: 26*1.5 = 39
Bowling Score: 25*1.5 = 37.5
Playing XI: 5
Fielding: 4
Total Match Score: 85.5
Sometimes orders fail if the player’s stocks are no longer available by the time the order is processed. In-Match Trading is dynamic, and the player list can change quickly. Please check the Match Center to see which players are still available.
The list of tradable players can change during the match. If a player is no longer available for in-trading, they are removed from the list.
Yes, if the player is available for In-Match Trading, you can buy additional stocks during the match, up to the max limit.
In-Match Trading is made available for a selected set of players during the match. The list may change from time to time based on various in-game factors.
No, you can only buy players during the match. All stocks will be sold automatically after the match ends.
You can go to the Live section of the Match Center and select the match. All players whose stocks are available for In-Match Trading will be listed there.
No, only selected matches will have In-Match Trading. You can check if a match has In-Match Trading enabled by going to the Match Center in the app.
In-Match Trading is a special feature that allows you to buy fantasy stocks of players even after the match has started.
You can buy or sell a maximum of 8000 stocks in each player. The maximum number of virtual stocks that can be bought and sold in a single transaction may vary depending on the market factors.
Yes, you can hold a maximum of 8000 stocks in a player at a time.
If the player retires before his next game,we will help you in selling the stocks at the prevalent price, so you can buy the relevant players’ stocks from the upcoming matches.
Yes, you can buy stocks until the official match start time. The trading gets blocked once the match is started.
Once the match is completed, the stocks are sold automatically within a few hours and the amount is credited to your wallet.
In case of an abandoned match, the prices will be reset to what they were at the beginning of the match. The match will be marked as N/A with no price changes in the player’s price.
For every Sixer trade on the Sixer platform, a trading fee of 2% to 16% is applicable based on market conditions and is charged on the value of the stocks being traded.
In case your player isn’t part of the playing XI, you stocks are auto-sold and the total amount (including fee) is refunded to your source wallets.
Based on your skill and knowledge of the game, you can take up two positions:
Up Stock: If you think a player will play well in his upcoming games and will score more than his expected score, you can buy the “Up” stocks.
Down Stock: If you think a player will underperform and will score less than his expected score, you can buy the “Down” stocks.
You can keep track of live price changes and score updates on the Match Center. You can track your winnings in the "Summary" section in the "Portfolio" tab, which provides an overview of the money invested, realised and unrealised gain/loss and more.
Yes, you can track the market prices of a player’s fantasy stock in real time on the platform.
Yes, your referral will also receive a Discount XP of 10 after signing up.
Discount XP is valid for 180 days from the time of credit in your Discount XP Balance.
Yes, if your referral has not made any trades, they can use your code. To apply the referral code, go to the 'Invite Friends' section, which is available on the 'My Account' page, and enter the six-digit referral code.
Currently, there is no limit to the number of referrals that can be made. The more successful referrals you invite, the more Discount XP you get.
To redeem Discount XP, go to the Discount XP section on the “Wallet” page and click on "Redeem All". The eligible amount will be transferred to your Winnings Balance. Note that you cannot redeem more Discount XP than the amount you currently have in your Discount XP Balance.
You will receive 10 Discount XP in your Discount XP Balance when your referral signs up using your code.
When your friend uses your referral code and makes their first deposit, both you and your friend receive 40 Discount XP each.
Every user gets a unique six-letter referral code to refer customers and earn Discount XP. You can find your referral code by selecting the 'Invite Friends' option in the 'My Account' tab, where you can also share your referral code with your friends.
To speed up the process of redeeming your Discount XP, you need to unlock certain levels by trading stocks in fantasy players. The more levels you unlock, the greater the amount of Discount XP you can redeem and transfer to your Winnings Balance.
Yes, you can use Discount XP to fully or partially cover the order amount (excluding fees) on all buy transactions. For example, if you have 3000 Discount XP in your Discount XP Balance and you are trading 100 stocks of a player priced at ₹30, the total amount required will be 3000, allowing you to use all 3000 Discount XP from your Discount XP Balance.
By giving away Discount XP, Sixer intends to offer our valued users an amazing investor experience. You can use this amount to trade fantasy stocks and subsequently unlock your Discount XP. They cannot be transferred directly. However, once you unlock Discount XP, it can be redeemed to your Winnings balance.
While creating your portfolio, you have to buy at least three players' stocks, out of which two players should be in the Up position and one in the Down position.
No, you cannot hold UP and DOWN stocks in the same player at the same time. For example, If you already own an UP stock in a player, then you will not be allowed to buy a Down stock in the same player.
No, the residents of Tamil Nadu cannot play Sixer.
Due to the new Tamil Nadu Online Gaming Authority (Real Money Games) Regulations, 2025 (ROC No. 133/Admin/TNOGA/2024), Sixer is required to temporarily disable trading real money gaming for users located in Tamil Nadu.
A game of skill is when a player invests his/her time in learning, practising and refining his skill to perform in a particular game. The Supreme Court noted that games of skill would be where
If you log out and log in multiple times, your account will get blocked for 4 hours. To prevent this from happening, please don't repeatedly log out and log in to your account. Unfortunately, as this is controlled by Google, we can't unlock your account until the 4 hours are complete.
Of course! Sixer is a game of skill, you are using your skill to choose and hold players over time. You have to hold a stock for at least one or three matches matches (as per the Flexi Portfolio requirement) that his team has played in.
No, the residents of Meghalaya, Assam, Andhra Pradesh, Telangana, Nagaland and Sikkim are not permitted to play pay-to-play formats of any online games, which is the case of Sixer as well.
No, Sixer is strictly for users who are 18 years of age or above.
