Can a stockbroker guarantee profits?

No, and any broker, adviser, or platform that claims to guarantee profits or a fixed return from stock market trading is either misrepresenting the nature of market risk or operating outside SEBI’s regulatory framework entirely, since guaranteed returns are fundamentally incompatible with how equity and derivatives markets actually work. SEBI-registered brokers and advisers are prohibited from making such guarantees precisely because market prices are inherently uncertain, and any product or scheme promising fixed, guaranteed trading profits is a significant red flag for fraud, something SEBI has repeatedly warned investors about. Legitimate brokers provide execution services, research, and tools, they don’t and can’t promise a specific investment outcome, since that outcome depends on genuinely unpredictable market movement, not on the broker’s actions. If you ever come across a broker, adviser, or scheme guaranteeing profits, you treat that claim itself as the reason to walk away, rather than a reason to trust the offer more.