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SGSSL logo

SGSSL

Regulated
India
Since 1995
Last Updated:

Trading Conditions

Min Deposit:
N/A
Max Leverage:
1
Account Types
  • Regular

Official website

sgssl.co.in

Online · checked Sep 10, 2026

Also on our record

  • ekyc.sgssl.co.in

Funding Methods

4 methods

Bank Transfer

wire transfer
Up to 3 days
Fee:Free
Fee:Free

Demand Draft

bank transfer
Up to 2 days
Fee:Free
Fee:Free

Electronic Funds Transfer

bank transfer
Up to 2 hours
Fee:Free
Fee:Free

Cheque Deposit

bank transfer
Up to 3 days
Fee:Free
Fee:Free

Trust rating

Fair

50 out of 100 · 61% checked· Provisional

The licences it claims have not been checked on any official register.

We checked SGSSL on 2026-10-24 across its regulation, company record, client terms, trading offer and service, and could verify 61% of its record. It claims 1 licence on its site, but none has been checked on an official register yet. The score of 50 is what the checked record adds up to; nothing held it down. The rating stays provisional until a claimed licence is checked on an official register. What would move the score: licence held by the onboarding entity, verified age, transparency. No investigation has been published yet, so complaints and reputation are unknown. Its client terms have not been reviewed yet.

Score last calculated 2026/10/24

Company Information

Full Name:South Gujarat Shares Sharebrokers Ltd.
Founded:1995
Headquarters:India
Enterprise Offices:1offices

Customer Support

Phone:
+91 0261 – 2601296-97
Live Chat:
Available
Response Time:
—
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

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

Introduction and Overview

Within the rapidly changing environment of financial trading, choosing a broker is central to financial success for traders. The fact is that there exists a type of trading broker and financial service firm identified as SGSSL; its intention is to create a venue where individuals and firms will be able to participate within a number of financial markets. Though there is no information regarding SGSSL at a particular level of detail, comprehension of a certain framework and functionality of such brokers is important.

What can be noted is that trading brokers like SGSSL can act as middlemen to ensure that traders get connected to international markets with the help of their trading platforms and tools and services that they provide. This article will discuss the different perspectives that can be derived regarding SGSSL.

Background and History

There is not much information known about the background and founding of the SGSSL. It would be hard to identify the founding details of the company, including the founding year and the headquarters of the company, given that none of this information is known. Nevertheless, firms offering broking services usually develop to cater to the rising demand for simpler and more effective trading solutions.

Despite the fact that there is very little documented history of SGSSL, the fact that the company is involved as a trading broker is indicative of dedication towards making the market and financial services accessible, as is the norm in the industry.

Key Features and Offerings

Even though information regarding the products traded by SGSSL is not well documented, the typical features provided by the trading brokers include support for various instruments aimed at improving the experience of their traders. These instruments may include support for forex, commodities, indices, cryptocurrencies, among others.

In addition, brokers may offer various types of accounts, educational material, and support to suit the different types of traders. It is likely that SGSSL does the same to be competitive, though this is not detailed.

Regulatory Compliance and Licensing

Regulation is an essential component when considering any trading broker. The regulation aspect ensures that the broker is working under set financial rules and regulations. Unfortunately, there is no relevant data on whether the broker, SGSSL, is regulated and has valid licenses.

Without actual regulatory credentials, a client should exercise extreme caution before entering a relationship agreement with the SGSSL.

When considering the factors that contribute to the adoption and

Trading terms like spreads, leverage, and minimum deposits are important considerations for traders. Unfortunately, there is no information about SGSSL's trading terms that can be accessed.

Likewise, the technology used in the trading platform, including execution speed, functionality, and tools, also has a great impact on the overall trading experience. Generally, without any specific information, it is quite hard to judge the capabilities of the SGSSL trading platform.

Trading Condition

Details

Spreads

Limited information available

Leverage

Limited Information Available

Minimum Deposit$

Little data available

Whether I-Series or

No data available

Fee Structure

Additionally

It is essential for traders to comprehend the fee structure in order to assess the cost efficacy of a particular broker. These fees can range from commissions, spreads, deposit and withdrawal fees, among others related to inactivity. Unfortunately, there is no available fee information for the SGSSL.

A client wishing to trade through SGSSL is advised to consult the broker directly regarding any charges that may apply.

Conclusion

SGSSL is known to be a trading broker and financial service provider, but not much is known about the background, regulatory environment, trading terms, and user experience of the company. A lack of transparency makes it highly relevant to carry out proper due diligence before considering the service of this company as the trading counterpart. Although the broker may provide usual services, those who may be interested in the broker should make contact directly with the SGSSL in order to remove any doubts and ensure their trading and security needs.

Regulation check

Regulatory Licenses

SGSSL is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.

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

WIKILIX

Licence intelligence

The only licence on file

Licence Verification Record

Securities and Exchange Commission INZ000179137

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
India
Authority strength
Tier 1 (securities)
Licence type
Financial Service
Not yet checked on the register

Client protection under this licence

  • Compensation schemeSIPC insures up to $500,000 per customer (including $250,000 cash)
  • Complaints routeSEC Tips/Complaints/Referral
  • Maximum leverage1:50

These are the rules SEC sets for the firms it licenses. They are not a statement about how SGSSL applies them, or about which of its companies would hold your account.

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

Trading accounts
Updated

Account Types

One account type on record. Leverage up to 1:1.

1 account type
AccountMin DepositMax LeverageCommission
RegularStandardNot recorded1:1Information not available
Account names and conditions as published by SGSSL, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

4 ways to fund an account. 4 with no deposit fee.

4 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank TransferWire Transfer
Ensure that the bank transfer includes all necessary details to identify the client and the purpose of the transfer. Available for clients with bank accounts in India.
FreeFreeINR 1,000INR 1,000INR 500,000Up to 3 days
Demand DraftBank Transfer
Ensure that the demand draft is drawn in favor of SGSSL and includes all necessary details. Available for clients within India.
FreeFreeINR 1,000INR 1,000INR 500,000Up to 2 days
Electronic Funds TransferBank Transfer
Ensure that the electronic transfer includes all necessary details to identify the client and the purpose of the transfer. Available for clients with bank accounts in India.
FreeFreeINR 1,000INR 1,000INR 500,000Up to 2 hours
Cheque DepositBank Transfer
Ensure that the cheque is drawn in favor of SGSSL and includes all necessary details. Available for clients within India.
FreeFreeINR 1,000INR 1,000INR 500,000Up to 3 days
Fees, limits and processing times as published by SGSSL, recorded by Wikilix.
Websites

Global Domains

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

2 domains
  • ekyc.sgssl.co.in:7505ActiveHTTPS
  • ekyc.sgssl.co.in:90ActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Legal entities

Corporate Network

One legal entity behind the SGSSL brand.

1 entity
  • SOUTH GUJARAT SHARES AND SHAREBROKERS LIMITEDActiveIndiaRegistration U65910GJ1995PLC024107Established Jan 17, 2019
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about SGSSL

Most Popular Questions
SGSSL offers customer support via phone and live chat during business hours. They provide email support in English and have regional phone numbers for customer care. The main office address is located in Surat, India.
SGSSL does not charge commissions on trades according to the provided data.
The maximum leverage offered by South Gujarat Shares Sharebrokers Ltd. is 1. This means clients can trade with leverage up to 1:1, indicating no additional borrowing power beyond their deposited funds.
SGSSL supports deposits and withdrawals via bank transfer, demand draft, electronic funds transfer, and cheque deposit. These methods are available for clients with bank accounts in India, with minimum and maximum transaction amounts set between 1000 and 500000 INR. Processing times vary from hours to days depending on the method.
South Gujarat Shares Sharebrokers Ltd. is regulated by the Securities and Exchange Commission (SEC) in India. The SEC is a tier 1 onshore regulator known for strong investor protection and transparency. According to WIKILIX, the broker holds a valid financial service license and operates under Indian regulations.
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