Stockal Trading Fraud: ₹100 Crore Investor Losses? Who Will Compensate Investors?

Nearly 30 investors have alleged losses exceeding ₹100 crore in a suspected trading fraud involving Bengaluru-based fintech platform Stockal Securities. Investors claim their US stock portfolios were sold without authorisation and the proceeds used to purchase thinly traded stocks. But what happens when your trading account is hacked? Can a stockbroker be held responsible? Will SEBI compensate investors? Does investor protection insurance cover losses arising from unauthorised transactions? In this video, we explain the Stockal Securities controversy, the allegations against Stockal and its US brokerage partner DriveWealth, the role of SEBI and US regulators, and the possible routes for investors to seek compensation. We also explain what Indian investors should do if their Zerodha, Groww, Angel One or any other trading account is compromised, and how the Investor Protection Fund works.