- SEBI (IN)INZ000161534Checked against the regulator's own register on 2026-09-19
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The brokers below hold a registration in India according to our research records. They are grouped by what has actually been confirmed: a registration checked against the public register of SEBI on a stated day comes first, then registrations recorded but not yet checked, then registrations carrying a register status this site does not interpret, then any the register shows as no longer current.
Who is on this page: Every broker record holding a registration in India (IN), whether or not it has been checked against the register yet.
Ordered by how much of the broker's own published terms we have checked, then alphabetically — this is not a quality ranking.
4 of the 198 broker records we hold qualify for this page.
Each broker below holds at least one registration in this jurisdiction that was read off the regulator's own public register on the date shown. A card's chips are the registrations we hold for that broker, wherever they are held and whatever the register says of them, so a chip on this card may be neither in this jurisdiction nor current — the label on it says which.
Legal entity on record: ICICI Securities Limited
Legal entity on record: Upstox Securities Pvt. Ltd.
Trading INR currency pairs on recognised Indian exchanges is permitted. Trading other currency pairs through offshore brokers sits in a grey area under FEMA rules, and the RBI has published lists of unauthorised platforms. Take local advice before funding an offshore account.
The Liberalised Remittance Scheme caps how much an individual may remit abroad each financial year, and outward remittances above a threshold attract tax collected at source. Both apply to money sent to a foreign broker.
Bank wire is the most dependable. Card deposits to offshore brokers are frequently declined by Indian issuers, and e-wallet availability changes often, so confirm the current method with the broker before you commit.
Each summary below is generated from the records on this page and nothing else.
Two dated sources sit behind this page: our research records of each broker's registrations, and the pages the broker publishes itself. How much of that was confirmed on a regulator's own public register is counted in the paragraph below, from the registrations this page actually prints — the label beside each one says which it is. Whether a broker accepts Indian residents, and which funding routes work from an Indian bank, is a separate question our records do not answer — it is decided by the entity that onboards you, and by your own position under FEMA.
Our research hub holds 198 broker records for this site. All 4 registrations listed above were read on the regulator's own public register on the date shown. Each one links to the register entry. Where a date is old, treat the figure as old — brokers change pricing and licences without telling us.
Regulatory ambiguity, not broker quality, is the binding constraint for Indian traders. Understand your FEMA position first; the broker comparison is the easy part.