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ACM

Moderate riskStockbroker
India · 5-10 years · since 2019-06-28 · Aristro Capital Markets Ltd.
This is a stockbroker, not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
0 reviews ›
0
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
46/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.58/10
Trustpilot—/5
Forex Peace Army—/5
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No sign that ACM actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
46
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameAristro Capital Markets Ltd.
Headquarters India
Founded2019-06-28
Years operating5-10 years
Employees0
Official websitearistrocapital.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
Golden Residency, 4th Floor, 25A,S.P. Mukherjee Road, Kolkata - 700 025

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Our records show no regulatory oversight for ACM, yet the website claims SEBI membership. This contradiction demands verification. Until confirmed, traders should consider the broker high risk. The lack of independent user reviews further limits transparency.

Best for
  • Indian equity and derivatives traders
  • Investors seeking NSE/BSE access
Not for
  • Forex or CFD traders
  • International clients
  • High-frequency or algorithmic traders
Period:

Real user reviews

Where ACM operates

Active across 1 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇮🇳 India

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What ACM says about itself as stated by the broker · not independently verified by FXCanary

About the Company

Aristro Capital Markets Ltd. (ACML) describes itself as a SEBI-registered stock broker aspiring to provide comprehensive services to its clients. According to its website, the company started operations in NSE-CM & FO Segment and BSE-CM Segment in March 2011. The firm states that it enjoys the emotional bond and faith of investors who invest through them, catering customized solutions.

Services

The broker claims to offer a one-touch, smooth and convenient equity trading platform using the best trading applications in the country. It highlights trading at NSE & BSE Capital Market and Derivatives on a single screen, competitive brokerage, and a latest upgraded trading platform. ACML also provides depository services and an online back office.

Client Bank Account Details

The website provides client bank account details for fund pay-in and pay-out, using HDFC Bank. Separate accounts are maintained for upstream and downstream flows. The broker instructs clients to use these specific accounts for fund transfers, emphasizing segregation of client funds.

Terms and Conditions

ACML has comprehensive terms and conditions covering offline and online trading. It stipulates that clients must accept these terms before becoming constituents. The terms include risk disclosure documents and investor charter for depository participants, referencing CDSL DP ID 12073200.

About ACM

Company Overview

Aristro Capital Markets Ltd. (ACML) is an Indian stockbroker operating primarily through its website aristrocapital.com. According to the company's own statements, it was founded in March 2011 and is based in Kolkata. Our records show a registration date of June 2019, with an address at Golden Residency, 4th Floor, 25A, S.P. Mukherjee Road, Kolkata. The broker presents itself as a full-service securities firm catering to domestic investors.

Regulation

The broker's website prominently references SEBI (Securities and Exchange Board of India) regulations and provides client bank details indicating compliance with SEBI circulars. However, our independent records do not list any current regulatory licence. This discrepancy raises caution; traders should verify the broker's SEBI registration status directly through official sources. The absence of confirmed regulation is a significant risk factor.

Products and Services

ACML offers trading in equities, futures and options on both NSE and BSE. The platform also provides mutual funds, IPOs, research reports, and depository services. The broker claims to use modern technology and professionally trained personnel to deliver value-added services. The website includes tools for quotes, company backgrounds, financial ratios, and stock screening.

Account Types

The broker does not explicitly list account tiers on its public website. However, it provides an online account opening facility and a back office login for existing clients. There is no mention of demo accounts or specific minimum deposit requirements. The absence of clear account type information suggests a need for direct inquiry.

Funding and Withdrawal

Client fund instructions are provided via a downloadable PDF listing HDFC bank accounts for pay-in and pay-out. The broker has a down streaming account for funds payout and an up streaming account for funds payin. Clients are expected to use these designated accounts for all transactions. No other funding methods (credit cards, e-wallets) are mentioned.

Client Support

Support is available via phone numbers listed on the website: 033-2454-1018 and 033-4017-0500. The website also includes a feedback form, a customer support section, and an email address (info@aristrocapital.com). There is no live chat or 24/7 support indicated. The broker provides client registration documents in vernacular languages.

Conclusion

Aristro Capital Markets Ltd. appears to be a domestic Indian stockbroker targeting local investors. While its website claims SEBI membership, our records do not confirm this. Potential clients should independently verify regulatory status and exercise caution. The broker is not positioned for international or forex traders.

Overview compiled by FXCanary from regulatory records and public data. full ACM review