English

Rating Index

Pros

Wide range of financial instruments available for trading, including forex, CFDs, commodities, and indices.

Competitive trading conditions with relatively low spreads and leverage options.

Established presence in the market since 1992, indicating a level of experience in the industry.

Cons

Lacks proper regulation, which raises concerns about the safety and security of client funds.

Not using popular trading platforms like MetaTrader 4 or MetaTrader 5, which may limit user experience for some traders.

No client insurance or protection measures in place, increasing risk for traders.

BMA broker Accounts

BMA Wealth Creators Account Types

BMA Wealth Creators offers a variety of account types tailored to meet the needs of different traders. The primary accounts available include:

Demat Account:

Account Opening Charges: ₹500
Annual Maintenance Charges (AMC): ₹250
Trading AMC: Zero
Minimum Margin Required: ₹20,000
Depository Participants: CDSL & NSDL
Dematerialization Facility: Yes

Trading Account:

Account Opening Charges: Free
Annual Maintenance Charges: Zero

BMA Wealth Creators provides a full-service brokerage experience, allowing clients to engage in various trading activities, including equity, commodity, currency, options, and futures trading.

BMA Wealth Creators Broker Account Opening Process

Opening an account with BMA Wealth Creators is a straightforward process that can be completed online. Here are the steps to follow:

Visit the Official Website: Go to the BMA Wealth Creators account opening page.
Fill Out the Application Form: Complete the form with your personal details such as name, phone number, and email address.
Submit Required Documents: Upload essential documents for KYC verification, including:

Aadhaar Card
PAN Card
Voter ID
Bank Account Statement (if required)

Verification Process: After submitting the documents, they will be verified by the company.
Account Activation: Once verified, your account will be activated within a few hours, and you will receive your login details via email.

This efficient process ensures that clients can start trading as soon as possible while enjoying the benefits of BMA Wealth Creators' trading platforms.