How to Verify a SEBI-Registered Broker

Anyone can build a website that looks like a broker. Registration is what separates a regulated intermediary from a lookalike. Spend ten minutes on verification before you upload KYC papers or move money.

Start with the legal name and registration number

Ask for the full legal entity name and the SEBI registration number. For Airalgo, the broker is Lotusdew Securities Private Limited, SEBI Registration No. INZ000306935, and a member of the National Stock Exchange. Those details sit on our Regulatory Disclosure page and in the site footer — they should match every other official source you check.

Confirm membership on Exchange / SEBI sites

Open the Exchange’s “Know / Locate your Stock Broker” tools on nseindia.com and intermediary information on sebi.gov.in. Compare three fields: legal name, registration number, and registered address. If any field does not match the firm’s website, stop and ask compliance in writing.

Check how the firm accepts funds

Brokers must receive client money only in designated Up Streaming Client Nodal Bank Accounts (USCNBA). The account names and numbers are published by the broker and mirrored on Exchange broker pages. Never send trading funds to a personal UPI, an authorised person’s account, or a “collection” wallet. That rule is also summarised in our Advisory for investors.

Keep records from day one

Prefer published emails and phone numbers. Save registration screenshots, contract notes, and complaint ticket IDs. If the firm goes quiet, escalate through its matrix, then SEBI SCORES.

Educational note only — not investment advice. Investments in securities market are subject to market risks; read all the related documents carefully before investing.