Is Trading With Karol SEBI Registered? What the Records Actually Show

Before you pay for a course, a Telegram plan, or a subscription under this name, one question matters more than any other. Is Trading With Karol SEBI registered?

The honest answer is not a simple yes or no.

Buddhi Prakash Karol, the person behind the brand, holds a genuine SEBI Research Analyst registration.

The storefront selling you the course or the tip, the one calling itself Trading With Karol, carries no registration number anywhere on it.

That gap between the person and the brand is exactly what this page unpacks.

Is Trading With Karol SEBI Registered or Not?

The person is registered. The brand you actually pay through is not, at least not visibly.

Buddhi Prakash Karol holds SEBI Research Analyst registration number INH000018090, valid from August 1, 2024 with no expiry listed.

He also carries a BSE RA enlistment under number 6351.

Both facts are verifiable on SEBI’s public register at sebi.gov.in.

None of that registration information appears on the main platform where the courses and tips actually get sold.

The Graphy-based course site running under the Trading With Karol name shows no SEBI number, no RA disclaimer, and no risk warning anywhere on the page.

So when someone asks if Trading With Karol is SEBI registered, the accurate answer has two halves. The individual behind it, yes.

The brand and the platform you are being asked to pay through, not as far as its own website tells you.

Why the Person and the Brand Are Not the Same Thing?

A SEBI registration applies to an individual or a legal entity, not to a marketing or brand name. The registration number INH000018090 belongs to Buddhi Prakash Karol in his capacity as a registered Research Analyst.

Trading With Karol operates as a brand across a course platform, mobile app, Telegram channel, and multiple YouTube channels.

These platforms do not hold separate SEBI registrations in their own names. The registered individual must comply with all SEBI disclosure requirements.

Whether those disclosures appear consistently across the brand’s platforms depends on how the individual manages them.

On the Graphy platform, where the courses are sold, key regulatory disclosures are largely absent.

Where the Registration Number Does and Does Not Appear?

The thetradingfox.com website carries proper RA disclosures. Registration number, compliance officer, investor charter, fee slab, and a grievance redressal matrix all appear there.

The Graphy course platform is a different story. A first-time visitor finds an IIT Kharagpur background story and a tagline about unlocking profits.

No registration number, no disclaimer, and no investor charter link.

The tradingwithkarol.online site does display a registration number. However it shows INHO00018090 instead of INH000018090.

The letter O appears where the zero should be.

Alone, this typo may seem minor. Combined with other compliance gaps across the brand’s platforms, it points to low care in how the registration is represented on a page built specifically to establish investor trust.

Always verify the correct number directly on sebi.gov.in rather than trusting any version shown on a brand platform.

What INH000018090 Actually Permits?

The Research Analyst registration authorises Buddhi Prakash Karol to publish research reports and issue buy, sell, or hold recommendations to paying subscribers. That is the core permitted scope.

Three limits matter most for anyone evaluating this brand specifically.

An RA cannot manage or execute trades on a client’s account. The tradingwithkarol.online site advertises an “Account Handling Service Available” directly on the page.

That offer sits outside what INH000018090 covers. It requires a separate Portfolio Manager or Investment Adviser license.

An RA cannot promise or imply guaranteed returns in any marketing material.

Phrases like “Unlocking Profits,” “Daily Jackpot Call,” “Proven Trading Setups,” and “high probability trades” appear across the brand’s platforms.

SEBI’s Advertisement Code specifically bars this language.

An RA cannot bundle unrelated products like crypto tips or offshore forex referrals under the same registration. The Telegram channel promotes crypto exchanges and offshore forex brokers through personal referral codes.

The channel itself states that the SEBI license does not apply to crypto and forex. The problem is that it sits directly next to content that does carry the registration.

What to Do Before You Pay to Trading with Karol?

These three steps take under five minutes and remove the most common risks.

Go to sebi.gov.in. Search for INH000018090 under the Research Analyst category. Confirm it returns Buddhi Prakash Karol with Active status. Note the registration date and the address on record.

Compare the registered address and contact details against what the brand shows you directly. The registered address is H No 09, Karol Nagar, Jaipur, Rajasthan 302017.

If contact details on any platform differ significantly, that inconsistency is worth raising before paying.

Ask for a written service agreement before any payment. Every registered Research Analyst must have a written agreement in place before collecting fees.

It must specify the service scope, the fee amount, the duration, and the refund terms. If any representative resists putting this in writing, stop.

For a detailed breakdown of user feedback, compliance gaps, and red flags, read the full Trading With Karol reviews guide before making any payments

What Falls Outside the Registration Entirely?

The Telegram channel’s crypto and forex content is outside SEBI’s jurisdiction. The channel itself says so. Losses from those specific products cannot be addressed through a SCORES complaint against INH000018090.

The Graphy courses are marketed as trading education, not as SEBI-regulated research. Whether a specific course functions as regulated research in substance is a question worth asking before you pay.

If it does, SEBI’s RA fee and refund rules apply regardless of what the platform’s own policy states.

For the complete platform-by-platform analysis of every compliance gap across Trading With Karol’s websites, app, Telegram, and YouTube, the hub page covers all 13 red flags in detail.

Read the complete Trading With Karol review including all red flags and the complaint steps

If Something Has Already Gone Wrong?

If you paid any Trading With Karol platform and experienced non-delivery, broken verification, or conduct that matches what is described above, the formal complaint path applies to the RA-registered part of the operation.

File on SEBI SCORES against Buddhi Prakash Karol citing INH000018090. Select Research Analyst as the intermediary category.

For the guide on what SCORES rejection reasons look like and how to avoid them, the rejection guide covers every scenario. Read why SEBI SCORES complaints get rejected and what to do about it.

Our team files your SEBI SCORES complaint, prepares the documentation, and represents you through SMART ODR and arbitration.

Register here for a free consultation today.

Conclusion

Buddhi Prakash Karol holds genuine SEBI registration INH000018090. That registration is real and verifiable.

The Trading With Karol brand that sells courses and tips through Graphy, an app, and Telegram carries no visible registration information where you would actually see it before paying.

The gap between a registered person and a non-disclosing brand puts the entire verification burden on the investor. That burden is not heavy.

Two minutes on sebi.gov.in settles whether the underlying registration is real. What the registration covers and what the brand sells are the harder questions, and this page has answered both.

Frequently Asked Questions

1. Is Buddhi Prakash Karol genuinely SEBI registered?

Yes. Buddhi Prakash Karol holds SEBI Research Analyst registration INH000018090, valid from August 1, 2024 with perpetual validity. He also holds BSE RA enlistment number 6351. Both are verifiable on SEBI's public register at sebi.gov.in.

2. Why does the Trading with Karol's Graphy course site show no SEBI registration details?

The Graphy platform sells courses under the Trading With Karol name but carries no SEBI registration number, RA disclaimer, or investor charter link on its pages. SEBI's RA norms require registration details to appear wherever that registration is being used to market a paid product. Their absence on the Graphy platform is a specific compliance gap.

3. What does the typo in the registration number mean?

The tradingwithkarol.online site displays INHO00018090 instead of the correct INH000018090. The letter O appears where a zero should be. This is a presentation error on a page designed to build investor trust in that exact number. Always verify the correct number directly on sebi.gov.in rather than relying on any brand platform's version.

4. Does the RA registration cover the account handling service advertised on tradingwithkarol.online?

No. Research Analyst registration INH000018090 permits publishing research and recommendations. Managing or executing trades on a client's account requires a separate Portfolio Manager or Investment Adviser license. The account handling service advertised on tradingwithkarol.online sits outside what this registration covers.

5. Can I file a SEBI SCORES complaint about crypto or forex losses from the Telegram channel?

No. The Telegram channel itself states that the SEBI license does not apply to crypto and forex content. SCORES handles complaints against SEBI-registered entities for securities market grievances only. Crypto and forex losses from the Telegram channel should be reported at cybercrime.gov.in under Financial Fraud.