JYOTI

Jyoti (operating as Jyoti Broking Pvt. Ltd.) is an Indian stockbroking firm headquartered in New Delhi. Our records indicate the entity was founded on 8 July 2019, though the company’s website claims incorporation in 1980 and NSE membership since 1995. The firm is registered at B-78, Defence Colony, 3rd Floor, New Delhi-24, and primarily serves domestic retail and institutional investors.

FXCanary’s regulatory database lists no registered financial regulators for Jyoti. The company’s website does not explicitly state SEBI registration, though it claims membership with the National Stock Exchange (NSE). In India, stockbrokers must be registered with SEBI and be exchange members. The absence of clear regulatory disclosure is a notable concern and contributes to the FXCanary Scam Risk Score of 48/100 (Guarded).

Jyoti offers trading across multiple Indian exchanges: NSE (cash equities, futures & options, currency derivatives), BSE (equities), NCDEX (commodities), and MCX (commodities). The firm provides online trading platforms, demat account services, and back office support. It does not offer retail leveraged forex or CFD products typical of international forex brokers.

The broker requires clients to complete KYC forms and fund accounts via margin (cash or shares). It uses a virtual bank account (VBA) system for fund transfers via NEFT/RTGS/IMPS. Account types appear to be standard Indian brokerage accounts; no distinct retail or professional tiers are mentioned. The website provides contact information for various departments including account opening, technical support, and investor grievances.

Jyoti is aimed at Indian investors interested in trading equities, derivatives, and commodities on domestic exchanges. It does not cater to international forex or CFD traders. The broker’s offline presence through branches and franchisees suggests a focus on traditional, relationship-based client acquisition.