- Leverage: Margin Trading
- Regulation: SEBI
- Min. Deposit: $0
- HQ: India
- Platforms: Upstox Pro Web, Mobile, NEST Desktop, Upstox Developer Trading Platforms, TradingView
- Found in: 2009
Upstox Licenses:
- RKSV Securities India Pvt. Ltd. – authorized by SEBI (India) registration no INZ000185137
- RKSV Securities India Pvt. Ltd. – member of NSE, BSE, MCX, & CDSL (India)
- What is Upstox? Upstox is an Indian-based stock trading firm that provides users with the ability to trade stocks, mutual funds, commodities, currencies, and more through its online trading platforms.
- Our research indicates that the broker operates under the regulation of the Securities and Exchange Board of India (SEBI), which oversees various aspects of stock trading and brokerage operations to ensure transparency and safeguard investors’ interests.
- Overall, the firm strives to enhance accessibility and convenience for investors by offering a user-friendly interface and a variety of analytical tools.
- Is Upstox a Stock Broker? Yes, Upstox operates as a stock trading brokerage firm. It furnishes a platform for individuals to engage in the buying and selling of various financial instruments, including stocks, mutual funds, bonds, commodities, futures, options, and currencies. Through Upstox’s platforms, users can conduct trades online, with the company acting as a broker to facilitate transactions and connect investors with the stock market.
- Upstox: Advantages and Disadvantages According to our findings, the broker presents both advantages and disadvantages. On the positive side, it offers a user-friendly interface suitable for both novice and experienced traders. The platform also provides advanced charting tools and analytical features for comprehensive market analysis. Furthermore, Upstox is recognized for its competitive brokerage rates, which may appeal to budget-conscious investors.
- However, there are some drawbacks to consider. Certain users have reported occasional technical and server issues, potentially disrupting the trading experience for those who require seamless operation. Additionally, the absence of a top-tier license might be a concern for traders prioritizing brokers with higher regulatory credentials.