Regulator

National or regional regulator

SEBI regulated brokers

Securities and Exchange Board of India, India

12 brokers hold an active SEBI licence in our register. SEBI regulates India's securities markets and registers stockbrokers, who must be members of a recognised exchange such as NSE or BSE.

Licensed brokers
12
Verified
0
Caution or high risk
12
Regulator country
India

What SEBI protection means

General facts about the regime. What applies to you depends on the licensed entity and your client category.

  • Exchanges run investor protection funds that can compensate eligible clients if a member broker defaults, within set limits.
  • Indian residents may trade forex only in permitted pairs on recognised Indian exchanges. The RBI publishes an alert list of unauthorised online forex platforms.

National or regional regulator. A recognised national or financial-centre regulator. Protections depend on the jurisdiction and the licence category, so read the terms.

How to check the SEBI register

  1. 01

    Open the SEBI registered intermediaries (www.sebi.gov.in).

  2. 02

    Search for the broker's name or SEBI registration number.

  3. 03

    Confirm the licensed legal entity is the company named in your account terms, and that its status is current.

  4. 04

    Check the licence or permissions cover the products you want to trade.

SEBI registered intermediaries

Brokers licensed by SEBI

Brokers with an active SEBI licence verified on the register in our latest research. Sorted by score, best first.

Verdicts for SEBI brokers

How the brokers licensed by this regulator are spread across our verdicts.

  • Verified

    Score 75+, research complete, and an active tier 1 or 2 licence held by the entity serving retail clients.

    0
  • Caution

    Active, with enough evidence to score, but short of Verified. Read the reason before you deposit.

    12
  • High risk

    Verified adverse evidence only: a regulator warning, or a licence revoked or suspended in the last 2 years.

    0
  • Insufficient data

    Not enough verified evidence yet to rate. Not a judgement either way.

    0
  • Under review

    Our researchers are re-checking this record. No score is shown until they finish.

    0
  • Not active

    Inactive, redirected or merged. No score is shown.

    0

SEBI: frequently asked questions

What protection does a SEBI licence give clients?
Exchanges run investor protection funds that can compensate eligible clients if a member broker defaults, within set limits. Indian residents may trade forex only in permitted pairs on recognised Indian exchanges. The RBI publishes an alert list of unauthorised online forex platforms. These are general facts about the regime; what applies to you depends on the licensed entity and your client category.
How many brokers hold a SEBI licence in your register?
12 of the brokers in our register have an active Securities and Exchange Board of India (SEBI) licence verified on the register in our latest research. Licences change, so check the register yourself before you deposit.
How do I check a SEBI licence?
Open the SEBI registered intermediaries and search for the broker's name or SEBI registration number. Confirm the licensed legal entity matches the company in your account terms and that its status is current.
Does a licence mean a broker is safe?
No. A licence shows a regulator authorised a specific legal entity for specific activities. It does not guarantee the firm will not fail or treat clients fairly. Check the entity you actually contract with, and that its status is current.

We take no affiliate commissions from brokers, prop firms or educators, and rated entities cannot be our affiliates. Verdicts are computed from regulator records and are not for sale. verify.trading provides records and analysis, not investment advice; trading involves significant risk of loss. Absence of a regulatory action is not an endorsement, and absence from a regulator's list is not proof of authorisation.

Check a SEBI broker in Ask

Ask answers from the verified registry with sources, and covers anything a record does not.

Run a checkHow we verify