Quick Summary
Aetram Trades Private Limited is a Chennai based stockbroking firm incorporated on November 22, 2022, holding an active SEBI registration under number INZ000309838, with membership across NSE, BSE, MCX, and AMFI. The firm markets itself as part of a wider Aetram Group spanning forex, crypto, and international corporate services, delivered through separate offshore entities in Dubai, Mauritius, and the UAE, none of which fall under SEBI’s oversight. A third party listing describes the brand as established in 2005, a claim that does not match the India entity’s actual 2022 incorporation date. Two independent user reviews describe a trapped payment with no phone support, and unauthorised agents opening accounts under the Aetram name. This page covers each finding in order.
Imagine transferring your hard-earned savings into a trading account, watching it vanish because of a technical glitch, and finding no way to reach a human being on the phone to help you.
This is exactly the kind of gap several Aetram Trades Private Limited users report facing.
Aetram Trades Private Limited holds a genuine SEBI registration, and it also markets itself as part of a much larger global group spanning forex, crypto, and offshore corporate services, delivered through entities that have nothing to do with SEBI at all.
This page verifies the registration, unpacks what the wider Aetram Group actually is, covers two independent user reviews in full, and walks through the filing process if your own experience matches what is documented here.
Aetram Trades Review
Aetram Trades Private Limited is a Chennai-based stockbroking company registered under the Companies Act with Corporate Identification Number U67100TN2022PTC150079.
The firm was incorporated on November 22, 2022, and its corporate headquarters sit at No. 113 to 114, Unit No. 308, Third Floor, Beta Wing, Raheja Towers, Anna Salai, Chennai.
According to Ministry of Corporate Affairs records, the directors guiding the company include Gurusamy Dinesh Kumar, Prabhakar Sivaraman, Anbarasan, and Sundaramurthi Vijayakumar.
Under its Indian entity, the app offers retail customers access to domestic equities, derivatives, commodities, currencies, and mutual fund investments.
Is Aetram Trades Private Limited SEBI Registered?
Yes. Aetram Trades Private Limited holds an active, perpetual stockbroker registration with SEBI under licence number INZ000309838, active since November 22, 2022.
The firm carries specific membership codes across every major exchange it operates on: NSE 90356, BSE 6832, MCX 57110, and AMFI distributor code ARN-281894 for mutual fund distribution.
Public records identified no SEBI enforcement orders, adjudication proceedings, or formal penalties against the Indian entity. Treat this as a neutral finding rather than a clearance, since it reflects only what has surfaced publicly.
A SEBI registration confirms the firm ticks every mandatory regulatory box. It does not guarantee that a payment gateway works seamlessly, or that customer support actually picks up the phone.
It is a legal permit to open the doors, never a stamp for platform stability or day-to-day operational safety, which is exactly where the rest of this page turns next.
Does SEBI Regulate the Entire Aetram Group?
The Aetram brand presents itself as part of a larger global entity called the Aetram Group, claiming business footprints across software development, bullion trading, commodities mining, and international corporate services.
In practice, this global presence is split across several separately regulated entities, and understanding the split matters before you assume SEBI oversees any of it.
Each entity below has its own registration, regulator, and country.
1. Aetram Trades DMCC (Dubai)
Registered with the Dubai Gold and Commodities Exchange under a separate registration number, and licensed by the UAE’s Securities and Commodities Authority for commodity brokerage.
2. Aetram Trades (Mauritius)
Based in the Republic of Mauritius under a Global Business Company registration, regulated by that country’s Financial Services Commission rather than SEBI.
3. Aetram Finserv LLC (UAE)
Licensed by the UAE’s Capital Market Authority, entirely separate from the Indian entity’s SEBI registration.
None of these three offshore entities fall under SEBI’s jurisdiction.
They offer forex trading, precious metals, energy products, cryptocurrency, and global indices, instruments that sit entirely outside what an Indian stockbroking registration covers.
This distinction matters because the branding does not make it obvious.
A prospective client browsing Aetram’s marketing material, moving between the Indian stockbroking site and the international portals, could easily assume a single SEBI registration backs the entire operation. It does not.
SEBI’s registration, INZ000309838, covers only Aetram Trades Private Limited’s Indian stockbroking and mutual fund distribution activity.
Any forex, crypto, or international commodity offering under the Aetram name operates under a completely different regulator, in a completely different country, with no connection to SEBI’s oversight at all.
If you are considering any product marketed under the Aetram name, confirm directly which entity you are actually dealing with, and which regulator, if any, actually oversees that specific product, before you send money anywhere.
Does Aetram’s “Established 2005” Claim Match Its Actual Registration Date?
A detail worth checking independently surfaces when you compare how the Aetram brand describes its own history against what official Indian records actually show.
Third-party listings describe Aetram as a brokerage firm established in 2005, with over two decades of market presence.
SEBI’s own record, and the Ministry of Corporate Affairs filing behind Aetram Trades Private Limited’s CIN, both show the India entity was incorporated on November 22, 2022, with SEBI registration granted the same day.
A gap of roughly seventeen years between a brand’s claimed founding and the entity’s actual incorporation date is worth understanding clearly.
It is possible the wider Aetram Group, or an affiliated entity in another jurisdiction, genuinely operated since 2005 under a different registration in a different country.
What that history does not do is extend to the Indian stockbroking entity you would actually be opening an account with, which has only existed, and only held its SEBI registration, since late 2022.
Before relying on any claim about years of experience or market presence, confirm specifically which entity that experience actually belongs to, and whether it is the same entity whose SEBI registration you have verified.
Aetram Trades Private Limited Reviews
To understand what retail users actually experience, two independent, detailed reviews are worth reading in full. Both describe a different kind of structural gap inside the platform.
Case 1: Trapped Money and Ghost Customer Care
A reviewer identified as Yogesh Jain, posting on 20 May 2026, describes losing ₹15,000 in a payment that failed during a deposit.
The review states the amount was debited from the reviewer’s account but never reflected in the Demat wallet, and that no phone number exists to contact customer care about the issue directly.
What makes a failure like this genuinely difficult is not the glitch itself, since payment failures happen across every platform occasionally.
It is the complete absence of a support safety net.
When a broker gives no clear, working telephone number and no immediate help desk response while a client’s money sits in limbo, that capital is effectively at risk regardless of what eventually happens to the transaction.
Case 2: The “Fake Representative” and Agent Loophole
A second reviewer, posting roughly two weeks before this review was written, describes a different and more concerning pattern involving brand manipulation and third party accountability.
The review states that unauthorised third parties use the Aetram brand name to market services and open Demat accounts for unsuspecting clients.
When investors run into trouble and contact the company directly, the firm reportedly shifts responsibility, stating the marketer in question was an outsider who was never an official employee.
Instead of pursuing action to protect the public from this kind of impersonation, the reviewer states the company simply issues notices.
This leaves the client stranded without a clear path to resolution, caught between an agent the firm disowns and a company that will not take further action against that agent.
We are reporting what these reviewers said on public platforms. We are not independently verifying every detail of either account, and no SEBI order confirming this conduct has been issued as of the date of this review.
Read together, these two reviews describe two different failure points in the same relationship. One shows what happens when the platform’s technical infrastructure fails and no human support exists behind it.
The other shows what happens when the Aetram brand itself is used by people the firm says it does not employ, with no aggressive corrective action following.
Neither confirms the firm’s own conduct is at fault, but neither is easy to dismiss as an isolated complaint either.
What Should Investors Verify Before Trading With Aetram Trades?
Whether you are already a client or still deciding, a handful of checks apply regardless of how polished the platform looks.
1. Verify the SEBI Registration Yourself
Search registration number INZ000309838 directly on SEBI’s own website, and confirm the name, address, and status match exactly what the platform tells you.
2. Check Who Actually Opened Your Account
If an agent or sub-broker facilitated your onboarding, verify they appear on SEBI’s authorised persons list for this broker specifically. Unverified agents are a known source of investor disputes across the broking industry, not unique to this firm.
3. Understand That Registration Is Not an Endorsement
SEBI registration confirms minimum eligibility criteria were met. It does not mean SEBI recommends the firm, monitors service quality, or guarantees the platform’s technical reliability.
4. Confirm Which Entity You Are Actually Dealing With
If you are considering any product beyond domestic equities and mutual funds, forex, crypto, or international indices among them, confirm which Aetram entity offers it and which regulator, if any, oversees that specific product.
5. Check for a Working Support Channel
Do this before you fund an account, not after. A broker with no accessible phone line for urgent payment issues leaves you with no recourse if a transaction fails at the wrong moment.
6. Read the Fine Print on Which Entity’s Terms Apply
A platform built around one global brand name can still route different products through different legal entities, each with its own terms of service, its own dispute resolution process, and its own jurisdiction.
Confirm this in writing rather than assuming a single set of terms covers everything you might sign up for under the same brand name.
How Do You File a Complaint Against Aetram Trades Private Limited?
Whether it is a failed transaction, a delayed withdrawal, misleading communication from an agent, or any other service-related issue, do not assume it will resolve itself.
The sooner you act, the easier it is to protect your interests.
1. Start With the Firm Directly
Report the issue to Aetram’s grievance or compliance team, and before doing so, collect every piece of evidence you have: payment receipts, bank statements, screenshots, contract notes, emails, and chat conversations.
A well-documented complaint is far easier to investigate than one based only on verbal claims, and it also becomes the foundation for every stage that follows if the firm’s own response falls short.
2. Escalate Through SEBI SCORES
If the firm does not respond, file a SEBI SCORES complaint using registration number INZ000309838, describing the issue in plain language and attaching your evidence.
3. Use SMART ODR for Transaction Disputes
If your issue involves subscription fees, payments, refunds, or contractual obligations, the SMART ODR portal offers structured online mediation as the next stage.
4. Move to Arbitration if Mediation Fails
The arbitration in stock market page on this site covers the final, binding stage through the applicable stock exchange rules.
If you want to know the full process to file a complaint, check our guide on how to file complaint against stock broker.
Money trapped in a failed Aetram payment, or misled by an unauthorised agent using the Aetram name?
We help you document your case, prepare your SEBI SCORES filing, and represent you through SMART ODR and arbitration if it comes to that.
Conclusion
Aetram Trades Private Limited holds a genuine, active SEBI registration and confirmed membership across NSE, BSE, MCX, and AMFI.
Alongside that registration sits a global branding structure spanning entities SEBI does not regulate, a founding date claim that does not match the India entity’s 2022 incorporation date, a payment failure with no phone support, and reports of unauthorised agents using the Aetram name.
None of this alone proves wrongdoing, but each is checkable against the firm’s own public record and independent user accounts.
Verify the registration yourself, confirm exactly which Aetram entity you are dealing with for any product you consider, and read both reviews above against your own experience before you fund an account.
Report. Recover. Stay FraudFree.
Frequently Asked Questions
Yes. Aetram Trades Private Limited holds an active SEBI stockbroker registration under number INZ000309838, active since November 22, 2022, with membership across NSE, BSE, MCX, and AMFI.
No. Those products are offered through separate offshore entities, including Aetram Trades DMCC in Dubai and a related entity in Mauritius, each regulated by a different foreign authority with no connection to SEBI.
Third party listings describe the wider Aetram brand as founded in 2005, but the India entity, Aetram Trades Private Limited, was only incorporated in November 2022, the same date its SEBI registration took effect.
Take clean screenshots of your bank transaction reference number and debit alert immediately. Send a formal written complaint to the firm, and if your capital is not credited or refunded within a reasonable window, escalate through SEBI SCORES or SMART ODR.
No. Only agents listed on SEBI's authorised persons register for a specific broker can legally represent that broker. Verify any agent's authorisation directly with SEBI before proceeding, rather than relying on their own claim of representing the firm.
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