How safe is Upstox?

Upstox is a safe, legit and trusted online discount stock broker. Upstox is a Mumbai based stock broker. It has a membership of BSE, NSE and MCX exchanges.

Upstox is safer from other traditional stock brokers for the following reasons:

• Proved business model. In the business for 10+ years.
• Offer online trading and investment services which has a less operational cost.
• Profit making company.
• Backed by well-known investors like Mr. Ratan Tata.
• It doesn't offer higher margin like other full-service brokers.
• Doesn't offer Research & Advisory, Margin Funding, Proprietary Trading, PMS services.

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