Brokers  /  NDA

NDA

Moderate riskStockbroker
India · 5-10 years · since 2019-07-10 · NDA SECURITIES LIMITED
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
Visit site ↗
Independent ratingshow third parties score this broker
WikiFX1.58/10
Trustpilot/5
Forex Peace Army/5
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No sign that NDA 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)7810%

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 nameNDA SECURITIES LIMITED
Headquarters India
Founded2019-07-10
Years operating5-10 years
Employees0
Official websitendaindia.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
E-157, 2nd Floor, Kalkaji New Delhi - 110019, India

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

NDA Securities is a SEBI-registered Indian stockbroker, not a forex broker. FXCanary's risk score of 48/100 is guarded, likely due to limited public information on fees and regulatory history. While the firm appears legitimate with standard compliance measures, traders should verify its regulatory standing directly with SEBI and review the fee structure before committing funds.

Best for
  • Indian residents seeking domestic stockbroking services
  • Traders interested in NSE/BSE equities and commodities
  • Investors looking for a SEBI-linked brokerage with demat account
Not for
  • Traders seeking leveraged forex or CFD products
  • International clients outside India
  • Traders requiring low-cost discount brokerage with transparent fee disclosure
Period:

Real user reviews

Where NDA 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.

Similar brokers

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

Overview

NDA Securities Limited describes itself as an established and foremost financial and stock broking house, serving a large number of valued customers. The company states it is powered by a revelation to offer various financial services and products, putting clients' needs first with expert, objective guidance not driven by commission or conflicts of interest.

Trading Services

The broker claims to be a member of NSE, BSE, and MSE, and an NSDL Depository Participant, offering a complete range of investment services. It provides live Indian indices, global indices, active stocks, top gainers/losers, commodities snapshots, mutual fund trends, and live/upcoming IPOs. The platform includes a mobile app called NDA Direct available on the Google Play Store.

Account Opening

According to its website, investors can open an account by contacting authorized persons or visiting a branch. The procedure involves submitting KYC documents and a completed application form. After verification, a trading account is opened and a unique client code (UCC) is assigned. Investors can trade online via the NDA Direct app or offline by contacting the branch.

Commodity Trading

NDA Securities claims to offer various kinds of commodity trading online, describing it as one of the simplest markets to make profits while acknowledging risk. The team is said to provide expert advice, execution, and recommendations to system trading clients.

E-Broking

The company states it is committed to efficient, cost-effective, and integrated service support, with e-broking gaining tremendous popularity. It positions itself as providing comprehensive resources and guidance to clients.

About NDA

Company Background

NDA Securities Limited is a stockbroking and financial services firm based in India, operating from offices in Delhi. The company was founded on July 10, 2019, and offers a range of investment services including equity trading, commodity trading, depository services, and mutual fund distribution. Its official website and operations are centered around the Indian securities market.

The firm presents itself as a full-service broker catering to individual investors, high-net-worth individuals (HNIs), and institutional clients. With a stated 30 years in business, it claims deep market experience, although its registration date is 2019.

Regulation and Compliance

NDA Securities is not a forex or CFD broker; it is a domestic Indian stockbroker. The website indicates it is a SEBI Registered Research Analyst, a Depository Participant of NSDL, and a Trading Member of NSE and BSE. However, based on available records, FXCanary has no specific regulatory information on file for this entity under a forex-broker classification. Traders should verify the firm's current regulatory status directly with SEBI.

The company provides standardized UPI handles for client payments in compliance with SEBI guidelines, and lists designated bank accounts for client fund segregation. It also publishes a standard account opening procedure and escalation matrix for customer support.

Trading Platform and Instruments

The primary trading platform is NDA Direct, a mobile app available on Google Play. The website also provides a back-office login and a mutual fund login portal. Traders can access equity, commodity, and mutual fund markets through these platforms.

Instruments offered include stocks listed on NSE, BSE, and MSE, commodities, mutual funds, and IPO investments. The platform provides live market data, top gainers and losers, and commodity snapshots. There is no indication of leveraged forex or CFD trading.

Account Types and Fees

NDA Securities does not explicitly list account types on its website. The account opening procedure applies to all clients, with the requirement to submit KYC documents. Fees are not disclosed publicly; potential clients would need to contact the broker for a detailed fee schedule.

The company uses designated client bank accounts for upstream and downstream settlements, indicating a standard Indian brokerage framework. It accepts payments via UPI and bank transfers.

Customer Support and Education

Support is available 24/7 via phone (+91-11-46204000) and email (info@ndaindia.com). The website includes a contact form and an escalation matrix for complaints. Branches are located in Pitampura, Delhi.

The site features a FAQ section covering client types and services. There is also a section for investor relations, financial results, annual reports, and investor information, aimed at transparency. Educational content is limited to basic descriptions of services.

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