Brokers  /  Karvy Group

Karvy Group

Moderate risk
India · 5-10 years · since 2019-06-25 · Karvy Group
This is a , 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 Karvy Group 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.
45
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
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)5010%

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 nameKarvy Group
Headquarters India
Founded2019-06-25
Years operating5-10 years
Employees0
Official websitekarvy.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
Registered address
Plot No 31 & 32 | Financial District Nanakramguda Gachibowli, Hyderabad – 500 032. Telangana, India.

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Karvy Group presents a high-risk profile due to its complete lack of regulatory registration and absence of an official website. Without verifiable information on its services or operational history, it is impossible to assess its legitimacy. FXCanary strongly advises traders to avoid unregulated entities and to seek brokers with clear regulatory oversight and transparent public records.

0
Period:

Real user reviews

Where Karvy Group operates

Active across 4 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
🇦🇪 United Arab Emirates
🇵🇰 Pakistan
🇸🇬 Singapore

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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About Karvy Group

Background and Registration

Karvy Group is registered in India, with a stated founding date of June 25, 2019. The registered address is located in the Financial District of Nanakramguda, Gachibowli, Hyderabad, Telangana.

Despite its presence on social media platforms such as Facebook, LinkedIn, Twitter/X, and YouTube, the group does not list an official domain, and regulatory records show no licences from any known financial authority. This absence of a verifiable online presence or regulatory oversight raises immediate questions about its operational transparency.

Regulatory Status

Karvy Group has no regulators on file. In India, financial services entities are typically overseen by the Securities and Exchange Board of India (SEBI) or the Reserve Bank of India, but no such registration has been confirmed for this entity.

The lack of regulation means that clients would have no recourse to a formal ombudsman or compensation scheme in the event of a dispute. For traders, this is a significant risk factor, as unregulated brokers are not subject to the same capital adequacy or client protection requirements as regulated firms.

Services and Offerings

Based solely on the known facts, there is no information about what financial services or products Karvy Group offers. The name 'Karvy Group' is reminiscent of a well-known Indian financial services conglomerate, but this entity appears to be a separate, newer registration.

Without an official website or marketing materials, we cannot confirm whether it offers forex trading, equities, commodities, or any other investment vehicle. This complete lack of public information makes it impossible to assess the group's product suite or target audience.

Account Types and Platforms

No account types or trading platforms are documented for Karvy Group. There is no indication of typical retail brokerage features such as demo accounts, leverage options, or minimum deposit requirements.

Similarly, there is no information about supported operating systems, mobile apps, or web-based trading interfaces. The absence of these details suggests that either the group is not actively soliciting retail clients, or it operates outside the scope of typical brokerage disclosure.

Client Suitability

Given the lack of regulatory oversight and the scarcity of verifiable information, Karvy Group would not be suitable for most retail traders. Investors seeking a secure and transparent trading environment would be better served by regulated brokers with a clear operational history.

Even for experienced traders looking for niche opportunities, the absence of a public domain and client reviews makes due diligence nearly impossible. The group's social media presence may be used for brand building, but it does not substitute for a fully disclosed brokerage service.

Overview compiled by FXCanary from regulatory records and public data. full Karvy Group review