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Is Upstox safe?

Upstox Account Opening

FREE Account Opening + Rs 1000 brokerage credit + Rs 0 Demat AMC + Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today.

Yes, trading with Upstox is safe. It started offering services in 2012 and since then grew exponentially. It is 2nd largest discount stock broker in India. Upstox has lakhs of customers. Over 5 lakh customers traded in Jan 2020.

The company is registered with SEBI, BSE, NSE, MCX, CDSL and NSDL. It is regularly audited by the exchanges. No major violations are found so far.

The company is backed by leading investors like Ratan Tata, Tiger Global and GVK Davix.

 

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