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Anand Rathi Review: Is It Legit and Regulated?

Anand Rathi Share and Stock Brokers Limited

IN Operating period unverified
AKA Anand Rathi Share and Stock Brokers AKA ARSSBL

FindMyFX score

high risk

4.9/10

0 Score out of 10 10
Independent assessment Updated 2026-07-23

Contact & regulation

Official website
rathi.com
Address
Not verified
Contact
Not verified
Primary license
SEBI · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Anand Rathi legit and regulated?

FindMyFX has license records for Anand Rathi, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Anand Rathi Share and Stock Brokers Limited is an Indian stock broker and member of NSE, BSE, MCX and NCDEX. Its client policies cover cash, derivatives and currency-derivatives segments.

Professional broker overview

FindMyFX editorial summary

Anand Rathi Share and Stock Brokers Limited is registered with SEBI under number INZ000170832 and supports exchange-traded currency derivatives. A June 2025 SEBI order records a INR 500,000 penalty imposed in related adjudication proceedings, paid under protest and appealed, while disposing of a parallel show-cause notice without further action.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: This record covers Indian exchange-traded currency derivatives, not a verified global OTC spot-forex product.

Operational status
active
Broker type
unknown
Execution model
Exchange-routed brokerage through NSE, BSE, MCX and NCDEX memberships.
Support hours
Not verified

Support languages: English

88%coverage

Published profile coverage

7 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

Anand Rathi Share and Stock Brokers Limited

Primary
IN Registration not shown

Markets and instruments

Commodities

unverified

currency derivatives

unverified

Equities

unverified

Futures and options

unverified

Licenses and regulators

SEBI

INZ000170832

unverified

Last verified: Not shown

Type: Stock broker
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

Risk flags

SEBI penalty and related proceedings

medium · draft

SEBI's June 2025 order states that a INR 500,000 penalty had been imposed, paid under protest and appealed; the parallel show-cause notice was disposed of without further action.

Score components

Regulation and licenses

7.5/10 · 35%

A direct SEBI order identifies the registration number and exchange memberships.

Security and track record

2.5/10 · 20%

A 2025 penalty and appealed findings warrant a conservative score, although the parallel notice ended without further action.

Trading conditions

5.0/10 · 15%

Currency-derivatives policies are documented, but current costs and leverage were not extracted.

Company transparency

7.5/10 · 10%

SEBI orders, exchange memberships, client policies and a prospectus filing provide substantial official disclosure.

Service quality

2.5/10 · 10%

No independently verified service-quality metrics were found.

Verified user reviews

0.0/10 · 10%

No inspectable, independently verified user-review dataset was found in the official sources reviewed.

Profile update history

Broker profile was published.

2026-07-23

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.