Geojit Financial Services vs SPA Securities: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeGeojit Financial ServicesSPA Securities
Licence Score53Moderate48Moderate
Strongest licence 2 Tier 2 2 Tier 2
Licences on record11
2 SEBI India LicensedLicensed
Founded19871995
HeadquartersIndiaIndia
TypeExchange-traded currency brokerExchange-traded currency broker
Publicly listedNSE:GEOJITFSLNo
PlatformsProprietaryProprietary
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is Geojit Financial Services or SPA Securities better regulated?

Geojit Financial Services has the higher Licence Score (53 vs 48), based on the number and tier of licences, operating history and public listing.

Which regulators license both Geojit Financial Services and SPA Securities?

Both are matched to licences from SEBI.

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.