How safe is to trade with SEBI registered subbroker?

#1
Hi

There is a website who offer mutual funds sale and purchase online. They are registered as a sub broker with SEBI. Also they have registered with AMFI under KYD.

Is this sufficient to give a clean chit to them that they are the safe bet to trade our hard earned money?

They usually take 2 days after we purchase or sell some NAV to show in the particular site of the AMC. Is there any danger in that 2 days that they will do any fraud?

Hope to get replays.

Regards
 
#2
Hi,
Don't go for it. They some time not given folio number and it is must for trading.
Best is go for branch of the company, as there are many benifit.
 
#4
Trading with a SEBI-registered sub-broker provides a level of regulatory oversight, enhancing legitimacy; however, investors should conduct due diligence on their reputation and services to ensure a safe and reliable trading experience.