Brokers  /  Acumen

Acumen

Moderate riskStockbroker
India · 5-10 years · since 2019-03-27 · Acumen Capital Market(India)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 ↗
Independent ratingshow third parties score this broker
WikiFX1.59/10
Trustpilot/5
Forex Peace Army/5
🛡️ Been scammed or can’t withdraw from Acumen? Our free assistant writes up your case and shows exactly what to do next →
🇺🇸
Acumen operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
43
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
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)2510%

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 nameAcumen Capital Market(India)Ltd
Headquarters India
Founded2019-03-27
Years operating5-10 years
Employees0
Official websiteacumengroup.in
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
Acumen Capital Market India Ltd S.T Reddiar & Sons, Veekshanam Road

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Acumen Capital Market is a legitimate SEBI-registered Indian stockbroker with a long track record since 1995. While FXCanary's internal records list no regulators, the broker's official website confirms active SEBI and depository registrations, which can be verified publicly. The risk is low for Indian clients compliant with local securities laws, but traders outside India should note the broker's India-centric focus and lack of leveraged forex offerings.

Best for
  • Indian stock traders
  • Investors seeking SEBI-regulated broker
  • Demat account holders
  • IPO applicants
  • Beginners wanting in-person branch support
Not for
  • Retail forex traders
  • International clients
  • Islamic account seekers
  • Traders needing demo accounts
Period:

Real user reviews

Where Acumen operates

Active across 2 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
🇺🇸 United States

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.

Similar brokers

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

About Acumen Capital Market

Acumen Capital Market (India) Ltd, founded in 1995, is a leading stock broker in India. According to its website, it is SEBI Registered (Registration No. INZ 000170434) and a depository participant with CDSL (IN-DP-CDSL-680-2013) and NSDL (IN-DP-40-2015). The firm claims over three decades of industry experience and is recognized among the top stock brokers in Kerala and India.

Services Offered

The broker states it offers a comprehensive range of services including equity trading, derivatives, commodities, currencies, mutual funds, research, demat account opening, depository solutions, and insurance. It describes itself as a one-stop shop for personal financial health, targeting investors in stocks, commodities, and mutual funds.

Awards and Recognition

Acumen claims to be an award-winning research team and has been listed among the 'Top 42 SEBI Specified Broker in India'. Its website highlights a proven track record of profitable IPO opportunities for clients and boasts over 1 lakh happy clients and 1,100+ locations.

Account Opening and Features

According to its site, Acumen offers free demat account opening with instant online sign-up. Clients receive personalised service and guidance, transaction updates via WhatsApp, and access to advanced trading tools. The platform supports equity, derivatives, commodity, and currency trading across NSE and BSE.

About Acumen

Overview

Acumen Capital Market (India) Ltd, operating under the domain acumengroup.in, is an Indian stockbroker established in 1995. The firm is headquartered in Kochi, Kerala, and has expanded to over 1,100 locations. It is registered with the Securities and Exchange Board of India (SEBI) as a trading member of NSE and BSE, and acts as a depository participant with CDSL and NSDL.

Acumen serves as a full-service broker, offering demat account services, equity and derivative trading, mutual fund investments, and commodity trading. It targets both novice and experienced investors in the Indian market, emphasising personalised guidance and a client-first approach.

Regulation and Safety

Acumen holds SEBI registration number INZ 000170434 for cash, derivatives, and currency derivatives segments. It is also registered as a depository participant with CDSL (IN-DP-CDSL-680-2013) and NSDL (IN-DP-40-2015). These registrations indicate compliance with Indian securities regulations. Clients' funds and securities are held in compliance with SEBI norms, providing a layer of protection.

Despite the regulatory status, FXCanary's internal records list no regulators on file, which may reflect an outdated entry. Cross-referencing with the official website and public SEBI records confirms active registration. Traders should independently verify the broker's licence with SEBI before transacting.

Products and Instruments

Acumen provides access to a range of financial instruments: equities listed on BSE and NSE, derivatives (futures and options), currencies, commodities (e.g., gold, silver, oil), and mutual funds. The broker also facilitates IPO investments and offers research reports.

There is no indication that Acumen offers leveraged retail forex trading or CFDs typical of forex brokers. Its focus remains on traditional securities and commodity markets within India's regulatory framework.

Account Types and Platforms

The broker primarily offers a demat account linked with a trading account. Account opening is free and instant online. The platform includes web-based trading, mobile apps, and access to NSE and BSE segments.

Acumen's website does not list separate account tiers (e.g., standard, premium) but emphasises personalised service for all clients. It does not advertise demo or Islamic accounts. The trading platform appears to be proprietary, with tools for research and analysis.

Customer Support and Education

Acumen provides customer support via phone, email, and branch network. The website includes a career page, research articles, and IPO reviews, indicating an educational component. Clients can receive transaction updates via WhatsApp.

The firm maintains a social media presence on Facebook, Instagram, and LinkedIn, offering another channel for engagement and updates.

Target Audience

Acumen is suited for Indian residents seeking a SEBI-regulated broker for equities, derivatives, commodities, and mutual funds. It caters to both beginners and seasoned investors, with a branch network for in-person assistance.

International clients or those looking for forex/CFD trading or Islamic accounts are not the intended audience. The broker's services are tailored to the Indian securities market.

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