Is my broker safe?
Balance-sheet strength, conduct and what protects your money if a broker fails
How your money is protected
The structural safeguards that sit under every SEBI-registered broker
Broker safety board
Rated brokers by a financial-strength & conduct score
| # | Broker | Safety | Net worth | Cushion / client | Complaints / lakh | Penalties |
|---|---|---|---|---|---|---|
| loading… | ||||||
“Cushion / client” = audited net worth ÷ active clients (balance-sheet strength relative to the client base). “Complaints / lakh” = investor complaints per lakh clients (lower is better). Penalties are the honest lifetime total of regulatory monetary orders.
Red flags to know
Defaulters, the heaviest regulatory penalties and the most-complained-about brokers
Largest regulatory penalties
Most complaints per lakh clients
Is my broker safe?
130 Indian brokers rated on audited net worth, capital cushion, complaints and regulatory penalties, with a combined audited net worth of ₹81,848 crore. If a member defaults, the NSE Investor Protection Fund covers admitted claims up to ₹35 lakh per investor.