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Established firm with a history since 2011, managing a substantial amount of assets.

No disciplinary alerts reported, indicating a clean regulatory history.

Offers a variety of financial planning services, including investment and retirement planning.

Lacks proper regulation, raising concerns about investor protection.

Identified conflicts of interest related to mutual funds with 12b-1 fees, which can increase costs for clients.

Limited availability of trading platforms, as they do not support popular options like MT4 or MT5.

Fortune broker Accounts

Fortune Wealth Management Account Type

Fortune Wealth Management offers two main types of accounts for investors: Demat Account and Trading Account.

Demat Account: This electronic account holds shares and other securities in digital format, eliminating the need for physical share certificates. It facilitates easy and secure trading in the stock market.
Trading Account: This account is used to buy and sell securities in the stock market. It is linked to the Demat account, allowing seamless transfer of securities when buying or selling stocks.

Both accounts can be opened with a one-time fee of ₹116.

Opening an account with Fortune Wealth Management involves a straightforward process:

Choose Account Type: Decide whether you want to open a Demat account, a Trading account, or both.
Fill in Required Information: Provide necessary details such as:

Submit Documents: You may need to submit identification documents, including proof of address and identity.
Payment of Account Opening Fee: Pay the one-time fee of ₹116 to initiate the account setup.
Verification: Once your application is submitted, it will undergo a verification process.
Account Activation: After successful verification, your account will be activated, and you can start trading.

For further assistance, you can contact their customer service at 0422-4334333 or via email at info@fortunewmc.com.