About Ontrust
Company Overview
Ontrust (ontrustcap.com) is the online presence of Ontrust Capital Markets Private Limited, an Indian financial services company. The firm was incorporated in 2010 (CIN U67120WB2010PTC151856) and is headquartered in Kolkata, with a dealing office in Mumbai. It positions itself as a mid-market investment banker and financial advisor, serving clients across sectors like consumer products, healthcare, manufacturing, and infrastructure.
The company’s registered address is 403, Vardaan, 25-A, Camac Street, Kolkata – 700016, as per public records. Ontrust offers a range of services including stock broking, mutual fund distribution, wealth management, and corporate advisory. It is important to note that Ontrust is not a retail forex or CFD broker; its product offerings are focused on Indian securities markets.
Regulation and Licensing
Ontrust Capital Markets Private Limited is registered with the Securities and Exchange Board of India (SEBI) as a stockbroker for the National Stock Exchange (NSE) in the cash, futures and options, and currency derivatives segments. It is also registered with the Association of Mutual Funds in India (AMFI) as a mutual fund distributor (ARN 82807). These registrations are publicly displayed on the company’s website.
Despite these regulatory credentials, it is crucial to clarify that Ontrust does not hold a license for retail forex or CFD trading. For traders seeking such instruments, Ontrust would not be a regulated counterparty. The company’s risk score in our database is 45/100, reflecting the limited information available and the absence of a forex-specific regulatory framework.
Products and Services
Ontrust’s primary services include equity and derivative broking on the NSE, mutual fund investments, National Pension Scheme (NPS) facilitation, and investment banking advisory. The firm also offers wealth management with a focus on personalized financial planning, risk assessment, and product recommendations.
For corporate clients, Ontrust provides debt and structured finance solutions, private equity, and M&A advisory. The company emphasizes its relationship with banks and financial institutions to arrange capital expenditure funding, working capital, and acquisition finance. These services are targeted at mid-market businesses and high-net-worth individuals.
Account Opening and Support
Ontrust provides client registration documents and risk disclosure forms on its website. The account opening process follows SEBI’s KYC norms, and investors can update their mobile numbers and email IDs to receive transaction alerts directly from the exchange. The firm has a compliance officer, Lalit Kumar Chetani, and an investor grievance email for redressal.
Customer support is available via phone, WhatsApp, and email. The platform also offers downloadable FAQs and educational materials on bank mergers and mutual funds. However, there is no mention of a trading platform, demo account, or specific account types on the website, which are typical for stockbrokers.
Target Audience
Ontrust primarily serves Indian resident investors and businesses looking to participate in the domestic securities market. The firm’s advisory services cater to mid-market companies, high-net-worth individuals, and institutional clients. Its wealth management division targets individuals seeking comprehensive financial planning.
Given its regulatory scope, Ontrust is not suitable for international traders or those seeking forex/CFD exposure. The company’s focus on Indian markets means its services are of limited relevance to a global retail trading audience.
Conclusion
Ontrust is a legitimate Indian stockbroker and financial advisor, regulated by SEBI and AMFI. It does not offer leveraged forex or CFD trading. Traders looking for such instruments should consider regulated forex brokers instead. The company’s risk score of 45/100 indicates a guarded outlook, primarily due to its lack of involvement in the forex space and the narrow scope of its services.
Overview compiled by FXCanary from regulatory records and public data. full Ontrust review