SEBI — India
PUNE E STOCK BROKING LIMITED
Regulated · No. INZ000161438
PESB Review — Overview
Regulation
Offshore regulated
Licence
SEBI · No. INZ000161438
Licence status
Regulated
Instruments
Broking, Mutual Funds, Currency, Depository
Operating
Est. 2007
Main market
IN
Entity
PUNE E STOCK BROKING LIMITED
Website
Unknown
PESB is a forex & CFD broker based in India, established in 2007. On Trust Broker Hub it holds a Trust Score of 3.8 out of 10, which we rate as Poor — above the industry average of 3.3/10. High-risk profile — proceed only with caution and small amounts.
PESB's licence comes from an offshore jurisdiction (SEBI). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
PESB provides access to Broking, Mutual Funds, Currency, Depository. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, PESB carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.
Trust score breakdown
How is this calculated?Trust Score history
PESB currently scores 3.8/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a SEBI licence
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Offshore-only regulation with weaker investor protection
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Broking, Mutual Funds, Currency, Depository, IPOS |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | Not disclosed |
| Platforms | Not disclosed |
| Demo account | Unavailable |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on PESB
Our analysis · editorial
3.8/10
High-risk profile
PESB is regulated in an offshore jurisdiction (SEBI), which offers lighter oversight than tier-1 regimes. Based in India, it has been operating for about 19 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 3.8/10 — a high-risk profile.
Strengths
- Long 19-year operating track record
- No complaints on record with us
Watch-outs
- Regulated only in an offshore jurisdiction — weaker investor protection
Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
PESB — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag PESB here if that changes.
Full specifications
Regulated region
India
Operating period
5-10 years
Main market
IN
License status
Regulated
Instruments
Broking, Mutual Funds, Currency, Depository, IPOS
Year founded
2007
Frequently asked
Is PESB a safe broker?
PESB scores 3.8 / 10 on our Trust Score, above the 3.3 industry average. It is only offshore-regulated, which means weaker protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the PESB trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from PESB?
PESB doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.