Karvy Stock Broking regulation & licences
Licences on record 0
No licence on record. We haven't matched Karvy Stock Broking to a licence from a regulator we track. This may mean our data is incomplete, the firm is licensed somewhere we don't cover, or it is unregulated. Follow our verification guide and search IOSCO I-SCAN before depositing.
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
Karvy Stock Broking is an exchange-traded currency broker founded in 1983 and headquartered in India. Karvy Stock Broking is no longer operating in its original form: Barred by SEBI in 2020 over misuse of client securities.
ForexLicenses.com currently has no licence on record for Karvy Stock Broking. Until a licence is confirmed on an official register, treat the firm as unverified and follow our step-by-step verification guide before sending money.
Because Karvy Stock Broking 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
- Operating for about 43 years
- Exchange-traded and centrally cleared — no broker counterparty
Points to check
- No licence on record in our database — verify before depositing
- Not operating as before: Barred by SEBI in 2020 over misuse of client securities
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Karvy Stock Broking regulation FAQ
Is Karvy Stock Broking regulated?
We have not matched Karvy Stock Broking to a licence in our database. Verify the company named in its client agreement on an official register before depositing, and check regulator warning lists such as IOSCO I-SCAN.
Does Karvy Stock Broking accept US clients?
Karvy Stock Broking 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 Karvy Stock Broking generally cannot accept US retail forex clients.
Is my money protected with Karvy Stock Broking?
None of the regulators matched to Karvy Stock Broking in our database runs a compensation scheme for retail forex. Protection depends on client-money segregation and the broker's solvency.
How can I verify Karvy Stock Broking's licence?
Find the company name and licence number in Karvy Stock Broking'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.