Firstock is SEBI-registered (INZ000260334), NSE/BSE member, and CDSL DP (IN-DP-67-2015). Your shares are held in your own CDSL demat account, independent of Firstock. If the broker were to shut down, your holdings remain safe. The risk is platform continuity given the very new Firstock brand (25,000+ users, June 2025 launch). Regulatory risk to your securities is negligible. Operational/service continuity risk is higher than at established brokers with millions of users.
0 Comments