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K.R. Choksey Shares & Securities regulation & licences

Exchange-traded currency broker Founded 1978 🇮🇳 India

Licence ScoreModerateHow it's calculated

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Licences on record 1

2 Tier 2 — strong regulation

SEBISecurities and Exchange Board of India🇮🇳 India
Reference: check the register
Compensation: Exchange Investor Protection FundsNegative balance protection: Not a regulatory requirement

Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.

Regulatory profile

K.R. Choksey Shares & Securities is an exchange-traded currency broker founded in 1978 and headquartered in India.

In our database K.R. Choksey Shares & Securities is matched to 1 licence from SEBI. Its strongest licence comes from the SEBI, which we rate tier 2: credible supervision, but with fewer safeguards than the very strictest regulators.

Depending on the entity, eligible clients may be covered by Exchange Investor Protection Funds (SEBI).

K.R. Choksey Shares & Securities provides access to its own proprietary platform. The advertised minimum deposit starts at zero (no minimum) — minimums often vary by account type and entity.

Because K.R. Choksey Shares & Securities offers exchange-traded currency derivatives rather than OTC forex, your trades are cleared through a recognised exchange clearing house, prices are transparent and there is no broker counterparty on the other side of your trade.

Regulatory strengths

  • Holds tier-2 licence (SEBI)
  • Operating for about 48 years
  • Compensation scheme available at SEBI entity
  • Exchange-traded and centrally cleared — no broker counterparty

Points to check

  • No specific concerns from our licence data

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K.R. Choksey Shares & Securities regulation FAQ

Is K.R. Choksey Shares & Securities regulated?

Yes — in our database K.R. Choksey Shares & Securities is matched to 1 licence: SEBI (India). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.

Is K.R. Choksey Shares & Securities a tier-1 regulated broker?

No. None of the licences we have matched to K.R. Choksey Shares & Securities is from a tier-1 regulator. Its strongest licence is tier 2.

Does K.R. Choksey Shares & Securities accept US clients?

K.R. Choksey Shares & Securities is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so K.R. Choksey Shares & Securities generally cannot accept US retail forex clients.

Is my money protected with K.R. Choksey Shares & Securities?

Clients of K.R. Choksey Shares & Securities's SEBI-regulated entity may be eligible for statutory compensation (Exchange Investor Protection Funds). Clients of other entities rely on segregation of funds and the firm's financial strength.

What is the minimum deposit at K.R. Choksey Shares & Securities?

K.R. Choksey Shares & Securities advertises no fixed minimum deposit on its standard account, although some account types, payment methods or entities may require one.

How can I verify K.R. Choksey Shares & Securities's licence?

Find the company name and licence number in K.R. Choksey Shares & Securities's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.

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Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.