About Wealthstreet
Company Overview
Wealthstreet, officially Wealthstreet Advisors Private Limited (formerly Wealthstreet Financial Services Private Limited), is an India-based financial management company founded on 19 July 2019. The firm is headquartered at A-1101, Mondeal Heights, S.G. Highway, Ahmedabad - 380015. It provides integrated wealth management solutions to individual and institutional clients across India, covering equities, mutual funds, fixed income instruments, and more.
Despite its diversified offerings, Wealthstreet does not hold any regulatory license for retail forex or CFD trading. The broker's core activities are centered around traditional securities and investment advisory, making it a regulated stockbroker under SEBI rather than a forex broker.
Regulation and Licensing
Wealthstreet is registered with the Securities and Exchange Board of India (SEBI) as a stockbroker (INZ000157331) and is a member of the National Stock Exchange (NSE), BSE, and MCX. It also acts as an AMFI-registered mutual fund distributor (ARN-118251). These registrations are specific to Indian securities markets and do not cover forex or CFD trading.
Our records indicate that no forex-specific regulatory license is on file for Wealthstreet. Traders seeking currency or leveraged derivative trading should note that this broker is not regulated for such activities. The company's official website prominently displays its SEBI registration, but no mention is made of international forex regulations such as FCA, CySEC, or ASIC.
Services and Products
Wealthstreet offers a wide range of financial services including stock broking (equity, F&O, commodity), mutual funds, insurance, portfolio management services (PMS), fixed deposits, and debt investment products. Its website features tools for market updates, portfolio viewing, and IPO applications. The broker also provides a partner program for affiliates.
The firm does not offer forex or CFD trading accounts. Its product focus is entirely on Indian securities markets. Clients can open an all-in-one investment account that covers multiple asset classes within the domestic regulatory framework.
Target Audience
Wealthstreet targets both individual and institutional investors in India. It positions itself as a one-stop solution for all financial needs, from beginner investors to high-net-worth individuals. The partner program is designed for financial advisors, distributors, and other intermediaries looking to leverage Wealthstreet's product basket and technology.
Given its domestic focus, the broker is not designed for international traders or those seeking forex/CFD exposure. Its services are tailored to the Indian regulatory environment and market infrastructure.
Account Types and Platforms
Wealthstreet does not disclose specific account tiers or margin requirements for trading. Its website emphasizes a digital-first experience with paperless onboarding and real-time tracking. Clients can access their portfolio and trade via a mobile app or online platform.
The broker offers flexible account options, including a physical and digital account, but details on minimum deposits or leverage are not publicly stated. As a SEBI-regulated stockbroker, all trading is subject to Indian exchange rules and margin norms.
Funding and Support
Clients can fund their accounts through standard Indian banking channels such as NEFT, RTGS, or online transfers. The broker provides customer support via phone (079-66775500), email (welcome@wealthstreet.in), and an escalation matrix with named contacts. The head office is in Ahmedabad, with multiple touchpoints across India.
The broker does not advertise international payment methods or multi-currency accounts, consistent with its domestic-only focus.
Risk and Considerations
While Wealthstreet is a legitimately registered SEBI stockbroker, it should not be mistaken for a forex broker. Traders seeking leveraged forex or CFD trading will not find such services here. The FXCanary Scam Risk Score of 43/100 (Guarded) reflects the lack of independent reviews and the absence of forex-specific regulation.
Prospective clients should verify the broker's SEBI credentials directly with the regulator. Those interested in Indian equities and mutual funds may find Wealthstreet a viable option, but caution is advised for any unregulated activities. The broker's long operating history (since 2016 under different name) suggests stability, but limited public information constrains our assessment.
Overview compiled by FXCanary from regulatory records and public data. full Wealthstreet review