Upstox or RKSV is a discount stockbroker in India and is known for its research. You can read the full Upstox Review here…
Here is a quick snap-shot of the complaints raised by its client base over the last few years along with the number of complaints resolved by the broker in each financial year.
As shown above, this is the break up of the complaints received by the broker and resolved at the same time.
For the year 2015, Upstox complaints were 10 and it was able to resolve 100% of the complaints.
For the year 2016, Upstox complaints were 21 and it was able to resolve 100% of the complaints.
For the year 2017, Upstox complaints were 19 and it was able to resolve 84% of the complaints while the rest 16% remain unresolved.
Upstox Complaints Vs Industry
When it comes to comparing Upstox with the Industry Average in terms of the number of complaints per 10,000 clients, then this is how the broker stands against the industry average:
In other words, Upstox gets more than complaints as far as Industry standards are concerned with Upstox getting complaints from 0.12% of its active client base while the Industry average is 0.11%.
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