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Pros

Established company with over 25 years of experience in the financial services industry.
Offers a variety of trading instruments, including forex, commodities, and indices.
Good customer support and user-friendly management as reported by some clients.

Cons

Lacks proper regulation, posing potential risks for traders.
Not using popular trading platforms like MT4 or MT5, which may limit trading options for some users.
Mixed reviews regarding overall trust and fairness, with some warnings about low scores and suspicious regulatory status.

Shilpa broker Accounts

Shilpa Stock Brokers Pvt Ltd Account Type

Shilpa Stock Brokers Pvt Ltd offers various types of accounts to cater to the diverse needs of investors. The main account types include:

  • Demat Account: This account allows investors to hold their securities in an electronic format, making it easier to manage and trade shares without the need for physical certificates.
  • Trading Account: This account enables investors to buy and sell securities on the stock exchange. It is linked to the Demat account for seamless transactions.
  • Commodity Trading Account: For those interested in trading commodities, this account provides access to various commodity exchanges.
  • Mutual Fund Account: This account allows investors to invest in mutual funds, providing a diversified investment option managed by professionals.
  • Sub Broker Account: Designed for individuals or firms who wish to operate as intermediaries, allowing them to trade on behalf of clients.
  • Shilpa Stock Brokers Pvt Ltd Broker Account Opening Process

    Opening an account with Shilpa Stock Brokers Pvt Ltd involves the following steps:

    • Visit the Official Website: Go to the Shilpa Stock Brokers Pvt Ltd website or the specific branch office.
    • Choose the Account Type: Select the type of account you wish to open (Demat, Trading, Commodity, etc.).
    • Fill Out the Application Form: Complete the online application form with your personal and financial details.
    • Submit KYC Documents: Provide necessary Know Your Customer (KYC) documents, including:
      • Identity Proof (Aadhar card, Passport, etc.)
      • Address Proof (Utility bill, Bank statement, etc.)
      • PAN Card
      • Verification Process: The submitted documents will be verified by the brokerage firm.
      • Initial Deposit: Make the required initial deposit as per the account type.
      • Receive Account Details: Once your account is approved, you will receive your account details, including your unique client ID and password.
      • Start Trading: You can now start trading by logging into your account through the trading platform provided by Shilpa Stock Brokers Pvt Ltd.
      • For more information, you can visit their official website: Shilpa Stock Brokers Pvt Ltd.

Shilpa accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Shilpa Account