Abstract：Founded in 2010, Oyster was registered with the Securities and Exchange Board of India (SEBI) under the registration number INZ000237237. Its business includes stock brokerage services, securities lending and borrowing (SLB), proprietary trading, and high - net - worth individual (HNI) services. It is suitable for investors who focus on compliance and prefer traditional brokerage services, especially those who need offline support or participate in securities pledging.
Oyster Information
Founded in 2010, Oyster was registered with the Securities and Exchange Board of India (SEBI) under the registration number INZ000237237. Its business includes stock brokerage services, securities lending and borrowing (SLB), proprietary trading, and high - net - worth individual (HNI) services. It is suitable for investors who focus on compliance and prefer traditional brokerage services, especially those who need offline support or participate in securities pledging.
Pros and Cons
Is Oyster Legit?
Oyster is not regulated, although the company claims to hold a SEBI registration number, be an official member of NSE and BSE, and comply with the regulatory requirements of the Indian capital markets.
Oyster Services
Account Type
Oyster offers regular trading accounts and supports offline account opening. A Demat account needs to be linked to an NSDL or CSDL account for securities storage and pledge. Investors should be aware that accounts with no transactions for more than one year will be marked as inactive.
Trading Platform
WikiFX