Brokers  /  BR Jalan

BR Jalan

Moderate riskStockbroker
India · 5-10 years · since 2019-06-28 · BR Jalan Securities Pvt. Ltd.
This is a stockbroker, not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.58/10
Trustpilot/5
Forex Peace Army/5
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No sign that BR Jalan actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
48
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)7510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameBR Jalan Securities Pvt. Ltd.
Headquarters India
Founded2019-06-28
Years operating5-10 years
Employees0
Official websitebrjalan.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

BR Jalan presents itself as an established Indian stockbroker with a mobile trading platform, but regulatory checks indicate no active oversight from any financial authority, contradicting its own SEBI registration claims. The discrepancy in founding dates (1987 vs 2019) further undermines credibility. Traders should exercise heightened caution due to the unregulated status and lack of independent verification.

Best for
  • Indian traders seeking domestic equity and derivative trading
  • Users looking for a mobile-first trading app (BoltPlus)
  • Investors comfortable with unregulated brokerage services
Not for
  • Traders requiring strict regulatory oversight
  • Forex or CFD traders needing leverage on major pairs
  • International clients outside India
  • Risk-averse beginner investors
Period:

Real user reviews

Where BR Jalan operates

Active across 1 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇮🇳 India

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What BR Jalan says about itself as stated by the broker · not independently verified by FXCanary

About the Company

BR Jalan claims to have been in the capital markets for 35 years, starting in 1987, with a tagline of 'Initiate, Invest and Prosper'. The firm states that it has worked its way up to become one of the leading brokerage houses, maximizing returns and creating wealth for clients. According to its website, the company operates as a SEBI-registered stockbroker (registration number INZ000199136) with a head office in Mumbai and a branch in Kandivali West.

Products and Services

The broker lists a range of services including equity trading, derivatives, commodities, funds, and forex. Its website highlights equity trading as a primary asset class, describing investments as a wealth creation tool. The firm claims to offer both individual and business account options, with expert advice to help clients achieve stable returns.

Trading Platform

BR Jalan promotes its BoltPlus mobile trading app, which it says allows users to trade easily from anywhere. The app features easy order execution, net position tracking, and live streaming data. The website encourages clients to download the app and trade online, emphasizing convenience and real-time portfolio review.

Regulatory Status

The broker claims to be registered with the Securities and Exchange Board of India (SEBI) as a stockbroker (INZ000199136). It also provides details of its nodal bank accounts for fund transfers, stating that only two accounts (Bank of India and ICICI Bank) are valid for client deposits. The website includes an Annexure B with mandatory display formats, indicating compliance with SEBI regulations.

About BR Jalan

Company Overview

BR Jalan is an Indian investment firm headquartered in Mumbai, with operations dating back to 1987 according to its own literature, although official records list a founding date of 2019. The company describes itself as a leading brokerage house offering a range of financial services including equities, derivatives, commodities, and forex trading. It operates the BoltPlus trading platform, available via mobile app, and maintains a client-facing website at brjalan.com.

The firm's website lists its associated group companies as Jalan Securities Pvt. Ltd., RBJ Enterprises, and Bilan Insurance Advisors & Consultants Pvt. Ltd. The company's registered office is located at 903, Marathon Icon, Marathon Nextgen Campus, Veer Santaji Lane, G R Kadam Marg, Lower Parel West, Mumbai 400013.

Regulatory Status

Based on regulatory records as of the time of our review, BR Jalan does not hold any active license from a recognized financial regulatory authority. The company's website claims it is registered with SEBI as a stockbroker (registration number INZ000199136) and provides documentation such as Annexure B showing mandatory display formats. However, independent verification of this registration's current validity is limited.

Traders should note that the absence of regulation from a major financial watchdog creates additional risk. While the firm presents itself as a SEBI-registered broker, the official known facts indicate no regulatory oversight, which is a significant consideration for risk assessment.

Trading Platforms and Technology

BR Jalan offers its proprietary BoltPlus mobile trading application, which it claims provides easy execution of orders, real-time portfolio tracking, and live streaming. The platform supports trading across multiple asset classes. The company also maintains a web-based trade portal accessible through its website, allowing clients to trade equities, derivatives, and other instruments.

The broker emphasizes the convenience of mobile trading, highlighting features such as net position views and order placement from any location. The platform appears to be designed primarily for Indian market participants, with no dedicated forex or CFD platform visible.

Markets and Instruments

The broker's product range covers equity trading, derivatives, commodities, mutual funds, and forex. Equity trading is highlighted as a primary wealth-building tool, with the firm describing it as essential for portfolio diversification. Derivatives and commodities are also offered, though specific details on contract types or leverage are not clearly stated.

Forex is listed among the instruments, but given the broker's classification as a stockbroker, forex trading may be limited to currency derivatives available on Indian exchanges (e.g., USD/INR futures). The range suggests a multi-asset approach typical of Indian brokerage firms.

Account Types and Features

BR Jalan's website indicates accounts for both individuals and businesses, though specific account tiers, minimum deposits, or spreads are not disclosed. The firm states it offers expert advice to help clients achieve stable returns, implying some form of advisory service. Clients can open accounts to trade online or via the BoltPlus app.

Funding instructions are provided on the site, directing clients to transfer funds to one of two designated bank accounts (Bank of India and ICICI Bank) for margin and settlement purposes. The firm emphasizes that these are the only valid accounts for client fund transfers.

Customer Support and Contact

The broker provides multiple contact channels including phone (+91 2241 208430), WhatsApp (+91 9821063446), and email (brjalan@hotmail.com). A tech support line (+91 8356977983) is also available. The contact page lists a team including a customer care head and escalation matrix.

Support is primarily focused on Indian business hours, with physical office addresses in Mumbai for both head office and branch. The company's website includes a subscription option for newsletters, though independent reviews of response times are unavailable.

Target Audience

BR Jalan appears to target Indian retail investors and traders seeking a domestic stockbroker with a mobile trading platform. Its website uses language aimed at individuals and businesses looking to invest in equities, derivatives, and other financial products. The firm claims to provide not just a platform but also investment advice.

Given the lack of regulatory oversight, this broker may be more suitable for experienced traders who understand the risks of dealing with unregulated entities. It is not recommended for risk-averse or beginner investors who prefer the safety net of a fully regulated broker.

Overview compiled by FXCanary from regulatory records and public data. full BR Jalan review