Wikilix
Fortune logo

Fortune

Regulated
India
Since 2004
Last Updated:

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
  • Trading Account
  • Demat Account
  • Portfolio Management Service

Official website

Homepage of fortunewmc.com as we captured it

fortunewmc.com

Online · checked Oct 13, 2026

8 pages archived · Oct 13, 2026

Also on our record

1 more address
  • backoffice.fortunewmc.comClient portal

Funding Methods

4 methods

Bank Transfer

bank transfer
Not recorded
Fee:Not recorded
Fee:Not recorded

UPI

bank transfer
Instant
Fee:Not recorded
Fee:Not recorded

Demand Draft / Pay Order / Banker's Cheque

other
Not recorded
Fee:Not recorded
Fee:Not recorded

Cheque

other
Not recorded
Fee:Not recorded
Fee:Not recorded

Trust rating

Good

67 out of 100 · 70% checked

It holds a valid SEBI INZ000190535 licence and 2 more, and our investigation found it appears legitimate.

We checked Fortune on 2026-10-28 across its regulation, company record, client terms, trading offer and service, and could verify 70% of its record. Its strongest valid licence is SEBI INZ000190535, with 2 more valid. The score of 67 is what the checked record adds up to; nothing held it down. What would move the score: licence held by the onboarding entity, policy risk, critical clauses. Our published investigation found it appears legitimate, with 20.4 years of track record. Its client terms have not been reviewed yet.

Score last calculated 2026/10/28

Company Information

Full Name:Fortune Wealth Management Company India Pvt Ltd
Founded:2004
Headquarters:India
Enterprise Offices:1offices

Customer Support

Phone:
+91 422-4334333
Live Chat:
Not Available
Response Time:
—
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about Fortune: its history, the licences it holds, its trading conditions and its fees.

Fortune Broker Overview

Fortune is the trading and wealth management brand of Fortune Wealth Management Company India Private Limited, a broking and portfolio management firm based at 1056 Avinashi Road, Coimbatore 641018, in Tamil Nadu, India. It serves Indian clients in the equity and derivatives segments of the domestic exchanges, acts as a depository participant, and runs a portfolio management service. It is not a retail foreign exchange or contracts for difference broker, and it publishes none of the spread, leverage or currency pair offering that such a broker would.

Trading runs on exchange supplied software rather than on the firm's own build, account opening is a document based process handled from the Coimbatore office, and funding is domestic: rupee bank transfers, UPI and cheques. Brokerage is negotiated with each client in the account opening documentation rather than published as a rate card.

Fortune Regulation and License

Fortune publishes its Indian market registrations in the footer of its own website. For broking it gives SEBI registration number INZ000190535 for the National Stock Exchange and the Bombay Stock Exchange, with member codes NSE ID 12038 and BSE ID 6255. For portfolio management it gives SEBI registration number INP000008622. As a depository participant it gives DP 12041600 with CDSL registration IN-DP-103-2015.

These are Indian securities market registrations under the Securities and Exchange Board of India framework, covering exchange traded equities and derivatives, depository services and portfolio management. They are not a foreign exchange or contracts for difference permission, and Fortune claims none.

Is Fortune Regulated?

Fortune states that it is registered with the Securities and Exchange Board of India, and publishes registration numbers for broking, portfolio management and depository services on its own site. Those registrations govern Indian exchange traded products and nothing wider. A reader who arrived here expecting a foreign exchange broker should note that Fortune publishes no forex or CFD permission and offers no such product, so none of the leverage, spread or swap terms of that market apply to it.

Fortune Wealth Management Company India Private Limited

The operating company behind the Fortune brand is Fortune Wealth Management Company India Private Limited, an Indian private limited company registered under corporate identity number U06599TZ2003PTC010836 and addressed in Coimbatore. The same company name appears on the account opening cheque the firm asks for, on its bank mandates and on its UPI merchant records, so the counterparty a client funds is that Indian company.

Fortune Account Types

Fortune opens three things for a client, and none of them is a forex style tier with a published minimum deposit and leverage cap. A Trading Account gives access to the equity and the futures and options segments. A Demat Account holds the securities and can be opened with the firm's own CDSL depository participant or with an external one. A Portfolio Management Service relationship is the managed route, and the firm names two schemes for it, the Multicap Value Fund and the Quantitative Alpha Fund.

No minimum deposit, minimum investment or leverage figure is published for any of the three, and no demo account is offered. The firm's own client FAQ gives two different account opening charges in a single document: a one time fee of Rs 116 in the answer on account opening charges, and an account opening cheque of Rs 750 in the accompanying document checklist. Both figures come from the firm and neither should be read as settled. Activation is stated as one day once the documents are in, and a futures and options application additionally needs a self attested bank statement covering six months and dated within ten days of the application.

Fortune Spreads, Commissions and Fees

Fortune does not publish a brokerage rate. Its client agreement provides that brokerage is applied at the rate agreed with the client in the account opening documentation, that it will not exceed the maximum permitted under the exchange bye laws, and that it may be increased on thirty days notice to the client's registered address. A prospective client therefore has to ask for a quote before the cost of trading is knowable.

Brokerage is also exclusive of a long list of further charges set out in the same agreement: account opening charges, statutory charges payable to the exchanges, the regulator and the government, turnover and clearing charges, margin shortfall penalties in the derivatives segment, exchange penalties, delayed payment charges, depository and bank processing charges on the periodic settlement of funds and securities, depository account charges, and postage and courier costs. Delayed payment on a margin obligation attracts charges of up to 2 percent per month, debited monthly.

Fortune Leverage

Fortune publishes no leverage cap. What it publishes instead is margin. In the capital market segment its policy applies a margin of 10 percent where a client's gross exposure exceeds Rs 10,00,000, and in the derivatives segment it applies the SPAN and additional exposure margin calculated by the clearing corporation. Those are exchange driven requirements rather than a house leverage ratio.

Fortune Trading Platforms

Fortune's clients trade on exchange supplied software. Its client FAQ names the NSE Mobile App for mobile trading and NOW, the National Stock Exchange's online trading platform, for the browser. Its downloads page distributes the ODIN Diet and ODIN Branch terminals for Windows, with dated installer updates through September 2026. That page appears to serve branches and authorised persons as much as clients, so confirm with the firm whether a retail client gets the ODIN desktop terminal. Fortune offers no MetaTrader build and no platform of its own.

Fortune Deposits and Withdrawals

Funding is domestic and rupee denominated. The firm publishes three ICICI Bank client accounts at its Trichy Road branch in Coimbatore under IFSC codes ICIC0000106 and ICIC0000016, and three UPI identifiers collected through ICICI Bank eazypay, one for equity and futures and options, one for depository charges and one for portfolio management payments. Cheques are accepted, and the account opening payment is made that way. Demand drafts, pay orders and banker's cheques of Rs 50,000 or more per day per client are accepted only in exceptional cases, and only with certification from the issuing bank identifying the account debited.

Two conditions matter more than the list of routes. Money must arrive from the client's own registered bank account, because the firm's accounts department is required to verify that electronic transfers come from the account the client declared, so third party funding is not available. And credit for anything paid by a bank instrument is given only on realisation of the funds, at the firm's discretion. No deposit or withdrawal fee, minimum, maximum or processing time is published anywhere on the site, which is not the same as those being free or immediate: the client agreement reserves bank and processing charges on the periodic settlement of funds and securities, and on cheques returned unpaid. Where an account goes a year without trading it is marked inactive and the balance funds and securities are returned to the client's last known bank and demat account, with reactivation requiring a written request.

Fortune Support

Fortune is reachable by telephone on +91 422-4334333 and by email at info@fortunewmc.com for general enquiries and pms@fortunewmc.com for portfolio management, from its Coimbatore office. Grievances go to complaints@fortunewmc.com or the same telephone number, and the site also directs clients to the regulator's own channels, the SEBI SCORES portal and the SMART ODR dispute resolution portal. Correspondence is in English.

Fortune Pros and Cons

The strengths are the registrations the firm publishes for broking, portfolio management and depository services, a single named Indian operating company at a stated address, an identifiable grievance route that leads to the regulator's own portals, and funding restricted to the client's own bank account.

The limitations are commercial opacity rather than anything exotic. Brokerage is not published and has to be negotiated, the firm's own FAQ carries two different account opening charges, no minimum deposit, leverage figure, withdrawal timescale or payout charge is published, there is no demo account, and trading depends on exchange supplied software distributed partly through branches. Eligibility as the firm states it runs to Indian resident and non-resident individuals and Indian corporates, so this is a domestic service rather than an international one.

Fortune Review and Assessment

Fortune is a domestic Indian broking and portfolio management firm rather than an international forex broker, and it is best judged on that basis. It publishes the registrations expected of an Indian intermediary, names a single operating company, and gives a grievance route that ends at the regulator. The practical difficulty for a prospective client is that very little about cost is knowable in advance: brokerage is set in the account opening paperwork, the two account opening figures in the firm's own FAQ disagree, and no payout charge or processing time is stated while the client agreement reserves the right to levy charges. Asking for the brokerage schedule, the depository charges and the payout timetable in writing before funding an account is the step that matters most here.

Website archive
Captured

Website snapshots

8 full-page captures of Fortune's own site, archived so what they said can still be read after the pages change.

8 pages
Homepage
Regulatory Information
About the Company
Policies & Procedures
Risk Disclosure on Derivatives
Broking Services
Portfolio Management Schemes
Contact & Escalation Matrix
Captured by Wikilix from the broker's live site. Open any shot to read it full size.
Regulation check
Checked

Regulatory Licenses

Fortune holds a tier-1 or tier-2 licence that we confirmed on the regulator's own register. Each licence below opens its record of what that register says.

3 of 3 checked
Licences on record
3
Confirmed on register
3
Tier 1 or 2
3
Offshore
0

WIKILIX

Licence intelligence

The strongest of 3 licences on file

Licence Verification Record

Securities and Exchange Board of India INZ000190535

Wikilix read the SEBI register on Oct 13, 2026. This is what it said.

Authority strength
Tier 1
Register status
Active, registered until perpetuity
Effective
Apr 16, 2004

Checked Oct 13, 2026

What our check found

A SEBI stock broker registration, the licence that permits a firm to execute client orders on India's exchanges. This one covers the equity, equity derivative and commodity derivative segments and carries clearing membership of NSE Clearing and the Indian Clearing Corporation. The register lists it against the National Stock Exchange, the Bombay Stock Exchange and the Multi Commodity Exchange, matching the firm's NSE member ID 12038 and BSE member ID 6255. Client protection: Strong. Segregated client funds under SEBI's client money rules, exchange investor protection funds, statutory grievance redress through SEBI SCORES and binding dispute resolution through the SMART ODR platform. Effective: 16 Apr 2004.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

3 account types on record.

3 account types
AccountMin DepositMax LeverageCommission
Trading AccountStandardNot recordedNot recordedOne-time account opening fee of Rs 116; the FAQ document list also asks for an account opening cheque of Rs 750. Brokerage is agreed in the KYC and is not published.
Demat AccountShares · InvestNot recordedNot recordedDepository charges apply and are not published. Opened with the firm's in-house CDSL depository participant or with an external one.
Portfolio Management ServiceInvestNot recordedNot recordedNot published. The site names two schemes, Multicap Value Fund and Quantitative Alpha Fund, with no fee structure or minimum investment.
Account names and conditions as published by Fortune, recorded by Wikilix.
Client acceptance

Country availability

Where Fortune says it will and won't take clients

1 country

Explicitly accepted

Named as accepted — not a full list of served markets

INIndia
How we know — 9 sources
  1. 1Accepted: India. The broker's own FAQ, linked from its Broking page, answers "Who can open an account with Fortune?" with "Any Indian resident/non-resident individual or Indian corporate can register with Fortune for trading. We will open a Demat account for you to enable you to trade in the stock market." Source: https://www.fortunewmc.com/s/FAQ.pdf
  2. 2The site scopes itself to India. Its Disclaimer states "This website is for the exclusive purpose of transactions to be carried out within the territorial jurisdiction of India and all such transactions shall be governed by the laws in India." Source: https://www.fortunewmc.com/s/Disclaimer.pdf
  3. 3No blocked country is recorded because the broker names no country as refused anywhere on its site. /restricted-countries, /prohibited-countries, /accepted-countries, /where-we-operate, /terms, /terms-and-conditions, /legal, /client-agreement and /faq all return the site's 404 page. The published sitemap is 26 English pages and every one was read.
  4. 4Eligibility is defined by investor category rather than by a country blocklist, and non-resident clients are expressly contemplated. The PMS Disclosure Document offers advisory services "to all eligible category of Investors who can invest in Indian market including NRIs, FIIs, etc." (https://www.fortunewmc.com/s/Fortune-PMS-Disclosure-Document_160524.pdf), and the Prevention of Money Laundering policy provides that "In case of Non Resident clients, remittance only from approval banking channels will be accepted." (https://www.fortunewmc.com/s/PMLA-POLICY03-07-2025-wyrw.pdf)
  5. 5The money-laundering policy's "high risk countries" wording adds no country. Clause 1.14.8 lists a client in high risk countries among the categories needing special care, describes them only by characteristics such as weak money-laundering controls, banking secrecy, narcotics production, corruption, government sanctions, terrorism havens and offshore centres, and names no country. Its refusals are keyed to person and entity lists rather than to countries: a new applicant falling within the UN sanction list or debarred by SEBI "should not be opened". Source: https://www.fortunewmc.com/s/PMLA-POLICY03-07-2025-wyrw.pdf
  6. 6The account-opening flow does not set an accepted list. The broker's own Open Account route (https://live.meon.co.in/fortunewmc/individual, linked from https://www.fortunewmc.com/broking) begins with a 10-digit mobile number and an OTP and carries no country-code selector. The only country array reachable from it is a 250-entry world reference list served at that platform's root, shared across the platform rather than specific to this broker, so it is not a closed registration selector. No account was created and no personal data was submitted.
  7. 7The mandatory Policies and Procedures annexure (https://www.fortunewmc.com/s/Policies-and-procedures-02-07-15.pdf) carries no residency or jurisdiction restriction, and its grounds for deregistering a client are conduct-based.
  8. 8Regulator filings add no country here, because they state where a firm may operate, not which countries it refuses. The broker publishes SEBI registrations INZ000190535 (stock broker) and INP000008622 (portfolio manager) and CDSL DP IN-DP-103-2015 in its own footer. This section makes no judgement about the broker's licences or registrations.
  9. 9Iran is neither accepted nor refused. No page on the broker's own site mentions Iran, Persian, Farsi, rial or Tehran, and the site publishes no Persian version. All 26 pages are English, with no language switcher and no alternate-language links.
Recorded by WIKILIX research, not published by the broker, and not a guarantee. A country listed nowhere above is not thereby accepted — check Fortune's own terms before you open an account.
Deposits & withdrawals

Funding Methods

4 ways to fund an account. One credits instantly.

4 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank TransferBank Transfer
The firm publishes three ICICI Bank Limited client accounts at its Trichy Road branch, Coimbatore 641018, under IFSC codes ICIC0000106 and ICIC0000016. The bank details sheet instructs clients to make payments from their registered bank account, and the policy on prefunded instruments requires the accounts department to check that amounts received by electronic fund transfer come from the client's declared bank account only. No deposit or withdrawal fee is published. The client agreement nonetheless states that brokerage is exclusive of DP, bank and other processing charges towards periodic settlement of funds and securities, and of bank charges on cheques received unpaid, so a payout charge is reserved rather than waived; delayed payment charges of up to 2% per month apply to late pay-in. No processing time is published. Where an account is marked inactive after a year without trading, the balance funds and securities are transferred to the client's last known bank and demat account.
Not recordedNot recordedNot recordedNot recordedNot recordedNot recorded
UPIBank Transfer
The bank details sheet publishes three UPI IDs with QR codes: fortune.wmc.brk@validicici for equity and F&O segment payments, fortunewealth.dp@validicici for DP AMC and other depository charges, and fortune.pms@validicici for portfolio management payments. The QR codes are collected through ICICI Bank's eazypay service and name the merchant as FORTUNE WEALTH MANAGEMENT COMPANY INDIA PRIVATE LIMITED. UPI appears only as an inbound payment route; no withdrawal by UPI is described, and no fee, limit or crediting time is published. Payments must still come from the client's own registered bank account.
Not recordedNot recordedNot recordedNot recordedNot recordedInstant
Demand Draft / Pay Order / Banker's ChequeOther
The policy on prefunded instruments states that the board has decided to accept demand drafts, pay orders and banker's cheques for a value of Rs 50,000 or more per day per client only in extreme situations, and only where the instrument is accompanied by the name of the bank account holder and the number of the account debited, duly certified by the issuing bank. Accepted certification is a certificate from the issuing bank, a certified copy of the requisition slip, a certified copy of the passbook or bank statement for the account debited, or authentication of the account number and holder's name by the issuing bank on the reverse of the instrument. The client agreement adds that where margin or security is paid by a bank instrument, credit is given only on realisation of the funds and at the firm's absolute discretion. No fee or limit is published.
Not recordedNot recordedNot recordedNot recordedNot recordedNot recorded
ChequeOther
The FAQ's account opening checklist asks for an account opening cheque of Rs 750 in favour of Fortune Wealth Management Co India (P) Ltd, alongside the one-time trading account fee of Rs 116 stated elsewhere in the same document. The client agreement provides that where payment of margin or security is made through a bank instrument, the benefit or credit is given only on realisation of the funds, at the firm's absolute discretion, and that brokerage is exclusive of bank charges on cheques received unpaid. No fee, limit or processing time is published for cheque deposits.
Not recordedNot recordedNot recordedNot recordedNot recordedNot recorded
Fees, limits and processing times as published by Fortune, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 5.

1 platform
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Web
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

3 domains on record. All active and served over HTTPS.

3 domains
  • Indiawww.fortunewmc.comMain siteIndiaActiveHTTPS
  • Indiabackoffice.fortunewmc.com:8686/shrdbms/userlogin.ssClient portalIndiaActiveHTTPS
  • www.pms.fortunewmc.comBackupActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

2 official channels on record.

2 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the Fortune brand.

1 entity
  • FORTUNE WEALTH MANAGEMENT COMPANY INDIA PRIVATE LIMITEDActiveIndiaRegistration U06599TZ2003PTC010836Established Jan 3, 2019
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

Company Registration

The operating company is FORTUNE WEALTH MANAGEMENT COMPANY INDIA PRIVATE LIMITED. Registered in India. Registration number U06599TZ2003PTC010836.

Verified on registry
Registration number
U06599TZ2003PTC010836
Jurisdiction
India
Incorporated
Nov 6, 2003
Registry
Registrar of Companies, Coimbatore (Ministry of Corporate Affairs, India)
Registered address
1056 Avinashi Road, Coimbatore, Tamil Nadu 641018, India
Frequently Asked Questions

Frequently Asked Questions

Common questions about Fortune

Most Popular Questions

Fortune publishes a dedicated grievance address, complaints@fortunewmc.com, and the same telephone number as its general line, +91 422-4334333.

If a grievance is not resolved there, the firm's own site directs clients to the regulator's channels: the SEBI SCORES portal at scores.sebi.gov.in, and the SMART ODR dispute resolution portal.

Fortune states that any Indian resident or non-resident individual, and any Indian corporate, can register for trading, and that it will open a demat account to enable it. It publishes no onboarding route for clients of other nationalities.

The service is domestic in every practical respect: funding runs in rupees through Indian banking channels, and the products are listed on the Indian exchanges.

Account opening is document based, and the firm states that an account becomes active one day after all the relevant documents are submitted. A demat account is opened alongside the trading account, either with the firm's own CDSL depository participant or with an external one.

An application for the futures and options segment additionally needs a self attested bank statement covering six months and dated within ten days of the application.

No. No demo or practice account is mentioned anywhere on Fortune's website, and the terminals its clients use are supplied by the exchange rather than by the firm.

Fortune publishes no withdrawal processing time, and no minimum, maximum or payout fee either. That is not the same as free or immediate: its client agreement reserves bank and other processing charges on the periodic settlement of funds and securities.

Payouts go back to the client's own registered bank and demat account. Where an account goes a year without trading it is marked inactive and the balance is returned to the last known bank and demat account, with reactivation requiring a written request.

Fortune does not publish a brokerage rate. Its client agreement sets brokerage at the rate agreed with each client in the account opening documentation, capped at the maximum allowed under the exchange bye laws, and allows an increase on thirty days notice.

Brokerage is also exclusive of statutory and exchange charges, depository and bank processing charges, margin shortfall penalties and courier costs, and late payment of a margin obligation attracts charges of up to 2 percent per month. A quote has to be requested before the cost of trading is knowable.

Fortune publishes no minimum deposit for any of its accounts. What it does publish is an account opening charge, and its own client FAQ gives two different figures for it in the same document: a one time fee of Rs 116 in the answer about account opening charges, and an account opening cheque of Rs 750 in the document checklist.

Both figures come from the firm, so confirm the amount in writing before applying.

Exchange traded equities and derivatives on the Indian exchanges, held through a demat account. The firm is a CDSL depository participant and also offers mutual funds through a dedicated team.

For clients who prefer a managed arrangement it runs two portfolio management schemes, the Multicap Value Fund and the Quantitative Alpha Fund, for which no minimum investment or fee schedule is published.

No. Fortune is an Indian broking and portfolio management firm dealing in exchange traded equities and derivatives, with a depository participant arm and two portfolio management schemes. It publishes no foreign exchange or contracts for difference product.

None of the usual forex terms apply to it: its site carries no spread, no leverage cap, no swap free account and no currency pair list.

Fortune is the brand of Fortune Wealth Management Company India Private Limited, an Indian private limited company with corporate identity number U06599TZ2003PTC010836, operating from 1056 Avinashi Road, Coimbatore 641018.

That same company name appears on the account opening cheque the firm requests, on its bank mandates and on its UPI merchant records, so it is the entity a client contracts with and funds.

Yes, by telephone and email, in English. The number is +91 422-4334333 and the published addresses are info@fortunewmc.com for general enquiries, pms@fortunewmc.com for portfolio management and complaints@fortunewmc.com for grievances, all from the firm's office at 1056 Avinashi Road, Coimbatore 641018.

There is no live chat. An unresolved grievance can be taken to the regulator's own channels, the SEBI SCORES portal and the SMART ODR dispute resolution portal, both linked from the firm's website.

Fortune publishes no leverage cap. What its policies publish instead is margin: a 10 percent margin in the capital market segment where a client's gross exposure exceeds Rs 10,00,000, and the SPAN plus additional exposure margin calculated by the clearing corporation in the derivatives segment.

Those are exchange driven requirements rather than a house leverage ratio, and they are the figures to ask about before trading.

Funding is domestic and in rupees. Fortune publishes bank transfer to its ICICI Bank client accounts in Coimbatore, UPI through three merchant identifiers split between broking, depository charges and portfolio management, cheque, and demand drafts or banker's cheques, the last accepted only in exceptional cases for Rs 50,000 or more per day and only with issuing bank certification.

Money has to come from the client's own registered bank account, so third party funding is not accepted, and anything paid by a bank instrument is credited only once the funds are realised. No card, electronic wallet or cryptocurrency route is offered.

Fortune's clients trade on exchange supplied software rather than on a platform of the firm's own. Its client FAQ names the NSE Mobile App for mobile trading and NOW, the National Stock Exchange's online trading platform, for the browser, and its downloads page distributes the ODIN Diet and ODIN Branch desktop terminals for Windows.

Fortune offers no MetaTrader build. The downloads page serves branches and authorised persons as well as clients, so confirm with the firm which terminal a retail account gets.

Fortune states that it is registered with the Securities and Exchange Board of India, and it publishes those registration numbers on its own website: INZ000190535 for broking on the National Stock Exchange and the Bombay Stock Exchange, INP000008622 for portfolio management, and depository participant registration IN-DP-103-2015 with CDSL. Those registrations cover Indian exchange traded equities, derivatives, depository services and portfolio management.

They are not a foreign exchange or contracts for difference licence, and Fortune does not claim one. For protection in practice, the firm publishes a grievance address and the site routes unresolved complaints to the regulator's own SCORES portal and the SMART ODR dispute resolution portal.

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