Is the Share.Market app by PhonePe Safe?

Yes, Share.Market app is a safe and secure app to use. An additional layer of safety is provided on the app through two-factor authentication. PhonePe Wealth Broking Pvt Ltd (Share.Market) is registered with NSE and BSE as a stockbroker, with CDSL as a depository participant, with AMFI as a mutual fund distributor and with SEBI as a Research Analyst.