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IndiaEach broker on this page is authorised by the Securities and Exchange Board of India (SEBI), the Tier 2 financial regulatory authority for securities and capital markets in India. SEBI oversees equities and derivatives trading, sets compliance standards, and requires brokers to maintain separate bank accounts for client funds. While SEBI does not specify a fixed retail leverage cap, it enforces strict disclosure requirements and periodically conducts audits to protect investors. SEBI-licensed brokers operate exclusively for residents in India and must comply with local regulatory standards.
Verify on official register
Check a broker’s licence status directly on the SEBI register.
Interactive Brokers offers unrivalled market access and the lowest commissions in the industry for active stock traders. The TWS platform is extremely powerful but has a steep learning curve for beginners.
SEBI is classified as a Tier 2 regulator. Regulated jurisdiction with established oversight, though with fewer investor protections than Tier 1.
We currently list 1 stock broker regulated by SEBI. The full list is shown above, sorted by overall trader rating.
SEBI is based in India and covers the India jurisdiction. As a Tier 2 regulator, it provides meaningful oversight, though investors should also verify whether a broker holds an additional Tier 1 licence for added protection.
Visit the official SEBI website and use their public register or licence verification tool. Enter the broker's registered name or licence number to confirm its status. This is the most reliable way to check a broker's regulatory standing.
Compensation availability depends on the specific rules of SEBI in India. Tier 1 regulators typically operate investor compensation schemes covering a portion of client funds. Check the regulator's official guidance for current limits and eligibility criteria.
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