Is Upstox trustworthy?

Zerodha Account Opening

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.

NRI Form ⇒

Yes, Upstox is a trustworthy stock broker offering trading and investment services to retail customers in India since 2012. Upstox has over a few lakh customers trading with at BSE, NSE and MCX.

Few key facts about Upstox:

Company is backed by Rata Tata, GVK Davix and Tiger Global as its investors.
Registered member of BSE, NSE, MCX, CDSL and NSDL.
SEBI register stock broker.
Audited regularly by exchanges and SEBI.
No major violations done by the company so far.

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Topic: Zerodha - Is it safe or not?

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