The National Stock Exchange (NSE) has issued a press release cautioning investors against certain unregistered entities and individuals who are:
Offering market tips and investment advice without SEBI registration or required certifications.
Soliciting access to trading accounts by requesting login credentials from clients.
Promoting illegal or unregulated trading services, including dabba trading.
While some of these individuals may hold accounts with registered brokers, including FYERS, they are not authorised to provide investment advice or operate client accounts on behalf of others.
What Investors Should Know:
Do not share your FYERS Login ID, password, or any trading credentials with third parties.
Avoid engaging with anyone offering investment advice without SEBI registration and certification.
FYERS does not authorise or associate with any third-party advisory services operating on social media or private communication platforms.
Sharing access to your trading account with unauthorised parties puts your capital at risk and may result in regulatory consequences.
If you come across suspicious advisory activity or someone requesting your trading credentials, report it immediately to our support or the relevant platform.
Stay informed. Stay secure. Trade only through verified channels.