Wikilix
Licence record

SEC licence INZ000206338

Holder
SHARE MART
Jurisdiction
India
Licence type
Financial Service

This is Wikilix's record of a licence issued by Securities and Exchange Commission. It sets out what the register says, what we checked, and what the authority's own rules protect.

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Licence intelligence

RecordModified Jul 27, 2026

Licence Verification Record

Securities and Exchange Commission INZ000206338

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

Issuing authority
Securities and Exchange Commission
Holder
Market Creators Ltd.
Jurisdiction
India
Licence type
Financial Service

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

wikilix.com/licenses/securities-and-exchange-commission/share-mart/inz000206338Fields on file 2 / 11

Open SHARE MARTAbout SEC
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 1
Jurisdiction
India
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

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

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
INZ000206338
Licence type (Wikilix classification)
Financial Service
The authority

About SEC

Securities and Exchange Commission is the authority that issued this licence, and the jurisdiction it applies in is India.

Full name
Securities and Exchange Commission
Jurisdiction
India
Strength
Tier 1 (securities)The strictest regimes: high capital requirements, segregated client money and a compensation scheme.
Established
1936
Oversight
A government or statutory body
Firms we track under it
0 firms
Licences it issues
Broker-dealer; investment adviser
Typical cost of a licence
Varies; FINRA and SEC registration fees
Public register
Searchable by the public
Transparency
Medium
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
This describes the authority's regime, not how SHARE MART applies it.
The holder

Who holds this licence

The licence above is recorded against SHARE MART. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
Market Creators Ltd.
Based in
India
Wikilix score
49.0the firm’s overall score, not a rating of this licence

Wikilix records SHARE MART as having no regulation on file. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • MARKET CREATORS LTDIndia
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

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.
Licence INZ000206338 was issued by Securities and Exchange Commission (SEC), the financial authority for India.
SHARE MART holds this SEC licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the SEC register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates SEC tier 1 — the strictest band, with high capital requirements, segregated client money and a compensation scheme.
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