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Verified Member MouthShut Verified Member
Pune India
Biggest cheater and worst service
Jul 27, 2018 11:12 PM 31473 Views

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Never ever by any product of upstox(Former RKSV) specially mutual fund. This broker is biggest fraudster. I had purchased mutual fund through their platform but when I try to sell my sell order is not getting executed. I am trying to sell my mutual funds for more than 2 months. I have written almost 50 emails to them and every time I get the answer that we are working on it. My 50K are at risk now. Now I have only option to go to consumer court and I am going to do it very soon. This is the worst broker and worst service I have ever seen. Nobody cares for your request. This is my humble request to all that please stay away from this broker. They deduct your money for no reason and when you notice it and write them an email, they will refund it to you. If you don't notice, then your money is gone. This happened with me twice. Please go for better discount broker like zerodha or fyers or any but don't even think to open an account with upstox if you don't have. If you already have an account, then this is my humble request that stop using it as this broker is big cheater in the market. This broker should be banned.


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