Sebi cautions investors against dealing with foreign trading portals

Sebi said investors dealing with recognised stock exchanges in India have the options such as dispute resolution mechanism and investor grievance redressal mechanism

Sebi on Tuesday cautioned investors against dealing with foreign trading portals or platforms. The regulator said domestic investors are being drawn into online trading by overseas websites and platforms. Sebi said as these websites are not being supervised by any regulatory body in India, investors need to be cautious when it comes to dealing with them.

“The inherent complexity of the products offered by such firms, web-portals, platforms may not suit the risk profile of the investors and their excessive leverage can result in significant losses to investors,” Sebi said.

“All investors are cautioned to avoid participating in such unregulated