India, Oct. 27 -- Opening a demat or trading account requires you to provide your PAN, Aadhaar, bank details and other personal information. While evaluating different brokers some people get attracted by the features and offers of trading apps and brokers, but it's vital to check the regulatory details of the broker.

Most of the brokers have disclosed their regulatory documents on their websites. For example, the document of Chola Securities can be found in their 'Investor Disclosures' section.

Registered for what?

Merely finding out if a company is SEBI registered gives little information about that company. Depending upon the services the company provides, it may be registered with SEBI for different activities.

For instance, a com...