IN TIER 2 India

SEBI

Securities and Exchange Board of India

Securities and Exchange Board of India is a financial regulator in India. FXCN tracks its regulatory tier, licence records, regulated brokers, client protections and official complaint channels.

Website See all Tier 2 brokers

What you actually get in this jurisdiction

Retail leverage cap: No cap
Investor compensation: Exchange investor protection fund (limits vary by exchange)
Negative balance protection: Not recorded

Regulated brokers

2 on record

#	Brokers	License No.	Status	Overall score
01	Zerodha Broking Ltd	`INZ000031633`	Active	63.6
02	RKSV Securities	`INZ000169635`	Active	57.6

How to file a complaint with SEBI?

If you have a dispute with a broker regulated by SEBI, here is the complaint path. Gather your evidence first (deposit/withdrawal records, trade history, support transcripts), then follow the process below.

Contact the broker directly first, demand a written reply within 7 days
If unresolved, file a formal complaint with SEBI directly (www.sebi.gov.in )
Keep all communication and evidence for potential arbitration
Optionally submit a verified complaint on FXCN to warn other traders — File a complaint