Zerodha as a Qualified Stock Broker (QSB)

Mon, 11 May 2026 00:00:00 +0000

The Qualified Stock Broker (QSB) is a regulatory category introduced by SEBI in 2023 to identify stock brokers whose size, market share, and client concentration pose systemic risk to the Indian securities market. Zerodha Broking Limited is among the initial group of brokers designated as QSBs, reflecting its position as one of India’s largest retail brokers by active client count and traded volumes. The QSB designation imposes a set of enhanced compliance and supervisory obligations on designated brokers, going beyond the standard requirements applicable to all SEBI-registered stock brokers under the SEBI registration framework (INZ000031633).

Qualified Stock Broker on WebNotes

Zerodha as a Qualified Stock Broker (QSB)