SECIndiaTier 1Licence number
INZ000206338
View licence record- Licence holder
- Held by SHARE MART
- Licence type and regime
- Financial Service
Not checkedUpdated
At a glance
Regulation on record for SHARE MART
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
SHARE MART has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for SHARE MART, strongest authority first.
1 record
- SECIndiaTier 1
Protection
What this licence protects
SEC's own rules for the firms it authorises.
- Compensation schemeSIPC insures up to $500,000 per customer (including $250,000 cash)
- Complaints routeSEC Tips/Complaints/Referral
- Maximum leverage1:50
Frequently Asked Questions
Questions about the licences held by SHARE MART
Answered from the register entries on this page.
Most Popular Questions
SHARE MART offers a maximum leverage of 500 to its clients. This leverage level allows traders to control larger positions relative to their account balance.
According to the provided data, Market Creators Ltd. does not charge commissions on trades. The minimum deposit amount is listed as zero USD, indicating no minimum deposit requirement.
Clients can deposit funds via internet banking, personal cheque, or demand draft payable to Market Creators Ltd.'s HDFC Bank account. Deposits are processed on a T+1 basis, while withdrawals are made via bank transfer to registered accounts with a T+3 processing time.
SHARE MART provides access to the MetaTrader 5 platform, a multi-asset trading software supporting desktop use.
Market Creators Ltd., also known as SHARE MART, holds a financial service license regulated by the Securities and Exchange Commission (SEC) of India. The SEC is an onshore government regulator with a high regulatory index, providing a medium transparency level through public registers. However, the broker is noted as having no retail OTC-FX business model permit.
SHARE MART has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
SHARE MART holds licence records issued by SEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by SHARE MART comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by SHARE MART has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
SHARE MART has licence records in India. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.