Securities and Exchange Board of India
SEBI is India’s securities-market regulator. A verified SEBI intermediary registration is a strong local signal for Indian securities-market services and registered stock brokers.
Trust tier
Strong local regulator
Strict supervision, mature enforcement, and stronger client-money or compensation frameworks.
Stock broker, investment adviser, research analyst, portfolio manager, or other SEBI intermediary registration.
Protection depends on exchange membership, product, investor category, and Indian rules.
Asia-Pacific
What it means
How to read SEBI regulation
- SEBI registration is a strong signal for Indian securities-market activities.
- Broker membership with NSE/BSE/other exchanges may also be relevant.
- Users should verify SEBI registration number and exchange membership details.
Limits
What this license does not guarantee
- It does not cover offshore forex/CFD offers that are not locally authorized.
- It does not guarantee investment outcomes or suitability.
- It does not automatically apply to products outside the registered scope.
Verify
How to check this license
Check SEBI intermediary resources and recognized market records.
Verify broker registration number and exchange memberships.
Confirm the product is permitted for Indian users.
Red flags
When to be careful
- A broker targets Indian users with offshore forex/CFD products while implying SEBI coverage.
- SEBI registration number is missing or cannot be matched.
- The entity on account documents differs from the registered intermediary.
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Important disclosure
Broker research, not investment advice
Availability, fees, investor protection, and regulation can vary by country and legal entity. Verify the broker and regulator details directly before opening an account.