Upstox is an Indian retail brokerage platform covering equities, derivatives and local investment products. Users should verify SEBI and exchange membership, account fees, margin rules and product permissions, while noting Indian FX trading restrictions.
Identify the onboarding entity from these records before applying the score or any client protection to an account.
You contract with one of the licensed entities below, not with the brand. Protection differs enormously between jurisdictions, so check which entity actually onboards you.
Upstox is better assessed as an Indian securities account. For FXCN users, the key is that local regulation and international FX onboarding are different topics.
Generated by AI from structured facts above. All sources are linked under "Why this score".
As of 2026-10-11, the FXCN database records 1 active licence(s) for RKSV Securities: SEBI #INZ000315837, including 0 Tier-1 licence(s). Every entry links to its public evidence source — see the licence table above.
RKSV Securities was founded in 2009 and is headquartered in India.
Take the licence number to the regulator's official register (FCA Register, ASIC Connect, NFA BASIC, etc.) and search it. Every licence row on FXCN links to its regulator evidence page with a last-verified date.
The FXCN score combines 5 weighted dimensions: Regulation 30%, Risk control 20%, Transparency 20%, Reputation 20%, Disclosure 10%. As of 2026-10-11, 2/5 dimensions have enough public data to assess; not yet assessed: Risk control, Reputation, Disclosure. Unassessed dimensions stay at the base score of 50 — they neither add points nor trigger the "any dimension too low" downgrade. We would rather flag a gap than fill it with a guess. Every individual point adjustment is listed in the evidence table above. Methodology
Brokers sharing a regulator appear first, followed by alternatives in the same headquarters jurisdiction and risk band. Every relationship comes from structured FXCN data; nothing is random.
