Brokers  /  Matalia

Matalia

Moderate riskStockbroker
India · 5-10 years · since 2019-07-09 · Matalia Stock Broking 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
WikiFX1.66/10
Trustpilot/5
Forex Peace Army/5
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No sign that Matalia 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.
43
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)2510%

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 nameMatalia Stock Broking Pvt. Ltd.
Headquarters India
Founded2019-07-09
Years operating5-10 years
Employees0
Official websiteekyc.matalia.co.in
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
421, 4th Floor, Kailash Plaza, Vallabh Baug Lane, Ghatkopar East, Mumbai, Maharashtra 400077.

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Matalia appears to be an Indian stockbroker rather than a retail forex/CFD provider. The absence of regulatory licensing and independent reviews heightens the risk for potential clients. Traders should approach with caution and confirm the firm's current standing with Indian financial authorities before transacting.

Best for
  • Indian stock market investors
  • Clients seeking depository services through NSDL
Not for
  • Retail forex and CFD traders
  • Traders requiring regulated broker oversight
Period:
What users praise
Where reviewers are from
Australia1

Real user reviews

Where Matalia 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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About Matalia

Overview

Matalia is an Indian integrated financial services group, established on 9 July 2019, according to official registration records. The firm is headquartered at 421, 4th Floor, Kailash Plaza, Vallabh Baug Lane, Ghatkopar East, Mumbai, Maharashtra 400077.

The group claims to serve a diverse clientele including Corporations, Financial Institutions, High Net-Worth Individuals and Retail Investors. It operates through its subsidiary Matalia Stock Broking Pvt. Ltd., which was formed in 2004, indicating a longer operational history in the Indian securities market than the group's formal registration date suggests.

Regulation and Licensing

Based on our records, Matalia does not hold any regulatory license from a financial authority. The absence of a regulator is a significant factor for traders evaluating the firm's credibility, particularly for those accustomed to dealing with licensed entities.

The group's stock broking arm is stated to be a corporate member of major Indian exchanges including BSE, NSE, MCX-SX, and MCX, and is a Depository Participant of NSDL. However, exchange membership and depository participant status do not equate to regulatory oversight by a body such as SEBI (Securities and Exchange Board of India) in the context of forex or CFD trading. This distinction is important for potential clients.

Services Offered

Matalia presents itself as an integrated financial services provider offering a wide range of services to corporations, institutions, and individuals. The known facts highlight stock broking as a core service through Matalia Stock Broking Pvt. Ltd.

The company description does not explicitly mention forex or CFD trading. Given its exchange memberships, the firm likely focuses on equities, commodities, and depository services. Clients seeking retail leveraged forex trading should note that such services are not confirmed by the available information.

Client Base and Target Audience

The firm targets a broad spectrum of clients, from retail investors to high net-worth individuals and corporate entities. This suggests a diversified business model typical of Indian stockbroking firms.

However, independent user reviews are absent, making it difficult to assess the firm's reputation or service quality. Potential clients should exercise caution and perform their own due diligence before engaging with Matalia.

Risk Considerations

The lack of regulatory oversight and the absence of independent reviews or detailed public information present notable risks. Traders and investors are advised to verify the firm's current licensing status with relevant authorities, such as SEBI for stock broking activities, before committing funds.

Additionally, the company's social media presence (Facebook, Instagram, LinkedIn) may provide some insight into its operations, but this should not substitute for formal verification. The overall risk profile, as assessed by FXCanary, is guarded, reflecting the information gaps and regulatory status.

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