{"id":15456,"date":"2025-10-11T15:29:50","date_gmt":"2025-10-11T09:59:50","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=15456"},"modified":"2025-10-11T15:31:12","modified_gmt":"2025-10-11T10:01:12","slug":"sebi-launch-verified-tick-broker-apps","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/sebi-launch-verified-tick-broker-apps\/","title":{"rendered":"SEBI Plans Verification Tick for Broker Apps to Curb Frauds"},"content":{"rendered":"<p data-start=\"394\" data-end=\"685\">The Securities and Exchange Board of India (SEBI) is planning to roll out a <em data-start=\"474\" data-end=\"498\">verification tick mark<\/em> for registered brokers\u2019 apps on the Google Play Store, aiming to make it easier for investors to identify genuine trading platforms and avoid falling prey to fake or fraudulent apps.<\/p>\n<p data-start=\"687\" data-end=\"970\">SEBI Whole-Time Member Kamlesh Chandra Varshney announced this initiative at the BSE Brokers Forum (BBF) event \u2014 Capital Market Confluence. He said the regulator is currently in discussions with Google to implement the system, which could go live within <em data-start=\"953\" data-end=\"969\">a month or two<\/em>.<\/p>\n<blockquote data-start=\"972\" data-end=\"1121\">\n<p data-start=\"974\" data-end=\"1121\">\u201cWe are also working with social media platforms and Google to put a tick mark on registered brokers\u2019 apps. Google has agreed,\u201d Varshney confirmed.<\/p>\n<\/blockquote>\n<h2 data-start=\"1123\" data-end=\"1168\">A Step Toward Safer Digital Investing<\/h2>\n<p data-start=\"1170\" data-end=\"1528\">This move follows SEBI\u2019s recent launch of \u2018SEBI Check\u2019 and \u2018UPI Valid\u2019, two tools designed to combat cyber fraud and enhance investor protection in the digital trading ecosystem.<br data-start=\"1357\" data-end=\"1360\" \/>With the verification tick system, investors will be able to distinguish genuine broker apps from fake or unregistered ones, ensuring a safer investment experience.<\/p>\n<p data-start=\"1530\" data-end=\"1757\">Varshney emphasized that this measure would boost investor confidence and reduce the number of scams involving duplicate or lookalike trading applications that often deceive users by mimicking official broker platforms.<\/p>\n<p data-start=\"1530\" data-end=\"1757\"><em><strong>Also Read:<\/strong> <a href=\"https:\/\/www.niftytrader.in\/content\/trump-xi-meet-100-percent-china-tariff-novemeber-1\/\">Trump Clarifies Meeting with Xi Still Possible Despite Tensions<\/a><\/em><\/p>\n<h2 data-start=\"1759\" data-end=\"1796\">Reviving the Commodity Market<\/h2>\n<p data-start=\"1798\" data-end=\"2055\">In his speech, Varshney also highlighted the growing opportunities for brokers in the commodity market. He stated that SEBI is focused on reviving and making the commodity segment more liquid, and brokers will play a key role in this transformation.<\/p>\n<p data-start=\"2057\" data-end=\"2224\">However, he pointed out certain challenges due to constitutional restrictions, as brokers currently cannot engage in spot transactions in the commodity market.<\/p>\n<blockquote data-start=\"2226\" data-end=\"2370\">\n<p data-start=\"2228\" data-end=\"2370\">\u201cFarmers need immediate payments and cannot wait for future settlements. Brokers can act as mediators to bridge this gap,\u201d Varshney suggested.<\/p>\n<\/blockquote>\n<p data-start=\"2372\" data-end=\"2536\">He urged brokers to reorient their strategies to adapt to the evolving market and explore new roles that can help both the agricultural and trading communities.<\/p>\n<h3 data-start=\"2538\" data-end=\"2569\">Brokers\u2019 Expanding Role<\/h3>\n<p data-start=\"2571\" data-end=\"2810\">Varshney noted that the coming years present a big business opportunity for brokers to expand their services, add new clients, and contribute to financial inclusion by bringing more people into the capital market ecosystem.<\/p>\n<p data-start=\"2812\" data-end=\"3131\">He stressed that as technology continues to reshape the markets, digital security and trust will remain at the core of SEBI\u2019s regulatory reforms. Initiatives like the verification tick, SEBI Check, and UPI Valid represent a broader strategy to build a more secure and transparent market environment.<\/p>\n<p data-start=\"2812\" data-end=\"3131\"><strong>Click here to explore:<\/strong><br \/>\n<a href=\"https:\/\/www.niftytrader.in\/fii-dii-data\">FII DII Data<\/a><br \/>\n<a href=\"https:\/\/www.niftytrader.in\/ipo\">IPO<\/a><br \/>\n<a href=\"https:\/\/www.niftytrader.in\/sensex-today?\">BSE Sensex<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Securities and Exchange Board of India (SEBI) is planning to roll out a verification tick mark for registered brokers\u2019 apps on the Google Play Store, aiming to make it easier for investors to identify genuine trading platforms and avoid falling prey to fake or fraudulent apps. SEBI Whole-Time Member Kamlesh Chandra Varshney announced this [&hellip;]<\/p>\n","protected":false},"author":10,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1386],"class_list":{"0":"post-15456","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1386,"user_id":10,"is_guest":0,"slug":"ruchikadave","display_name":"Ruchika Dave","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/07\/Ruchika-Dave.jpg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/07\/Ruchika-Dave.jpg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/15456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=15456"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/15456\/revisions"}],"predecessor-version":[{"id":15458,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/15456\/revisions\/15458"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/15457"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=15456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=15456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=15456"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=15456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}