About Adroit
Who Is Adroit?
Adroit Financial Services Pvt. Ltd. is an Indian stockbroking and financial services firm founded in 2019. The company is registered in Ghaziabad, Uttar Pradesh, with a corporate office at 401-402, Fourth Floor, Angel Mega Mall, Kaushambi, Ghaziabad – 201010. According to its website, the firm offers a range of capital market products including equity and derivatives trading, commodity trading, IPO distribution, and depository services. It claims membership on the NSE and BSE, indicating it operates as a traditional full-service stockbroker.
Despite its claims of being a leading financial market services company, we found no regulatory oversight from India's Securities and Exchange Board of India (SEBI) or any other financial regulator in our records. This absence of regulation is a significant concern for traders. The broker's official site does not display any registration numbers or licensing details, which is atypical for SEBI-registered brokers. We advise traders to verify any claims of membership directly with the exchanges.
Products and Instruments
Adroit offers a traditional set of products for Indian markets. These include equity trading on the cash and derivative segments of NSE and BSE, commodity futures and options, IPO applications, and depository services for holding securities in dematerialized form. The broker also mentions currency futures on its about page, but this does not appear as a separate product on the main products page.
The firm does not offer retail forex or CFD trading on international markets. Its product line is strictly domestic, catering to Indian investors looking for exposure to Indian equities, derivatives, and commodities. This positions Adroit as a local stockbroker rather than an international forex broker.
Account Types and Opening
The broker's website provides a page for opening an account, but it does not list specific account types (e.g., individual, joint, corporate) or minimum deposit requirements. The account opening process appears to be online, though the actual steps are not detailed on the site. We found no information about margin requirements for trading or any introductory offers.
To fund accounts, Adroit accepts deposits via UPI (using a specified UPI ID), cheque, or bank transfer. The broker explicitly states that only account payee cheques are accepted and that cash is not permitted. This aligns with standard Indian regulatory practices, even though the broker itself is unregulated.
Platforms and Trading Tools
Adroit does not name any proprietary trading platform on its website. It mentions 'Trading View Charts' as a feature and highlights intraday tick-by-tick charts, suggesting the use of third-party charting tools. The broker claims to have paperless working and direct execution of orders, but no details about mobile apps or web-based interfaces are provided.
The lack of specific platform information makes it difficult to assess the quality of the trading experience. Most Indian brokers offer branded platforms like NEST, ODIN, or own mobile apps. Adroit's silence on this point suggests either a very basic offering or that these details are shared only after account opening.
Customer Support and Education
The broker provides phone numbers for its helpdesk (e.g., +91-120-6826800) and an escalation matrix for client servicing. It also offers FAQ pages covering topics like the Margin Trading Facility. The website includes a resources tab with market-related information, but there is no dedicated education center.
Given the absence of regulation, we recommend that traders approach Adroit with caution. Timely customer support and dispute resolution are often areas of vulnerability for unregulated brokers. The registered address in Ghaziabad is listed, but the company's Ahmedabad address appears on the contact page as the registered office for a different entity, adding to the confusion.
Regulation and Safety
Adroit is not regulated by any financial authority in India or elsewhere, according to our records. The website does not display SEBI registration numbers, which is mandatory for legally operating stockbrokers in India. Without regulatory oversight, clients have no recourse to a government-backed dispute resolution mechanism.
In FXCanary's assessment, this lack of regulation elevates the risk profile significantly. Our Scam Risk Score of 75 out of 100 reflects this severe concern. Traders should treat any funds placed with Adroit as high-risk and should demand proof of registration before committing capital.
Overview compiled by FXCanary from regulatory records and public data. full Adroit review