Rating Index
Pros
Longevity: Established since 1996, indicating a level of reliability and stability in operations.
Expert Management: Managed by a team of professionals with diverse backgrounds in finance and banking, suggesting a sophisticated approach to financial services.
Comprehensive Services: Offers a broad range of trading instruments, including equities, derivatives, and forex, catering to various financial needs.
Cons
Limited Transparency: Lack of detailed information on services, fees, and user experience raises concerns about trustworthiness.
Unregulated: The absence of regulatory oversight poses significant risks regarding the security of investor funds and overall accountability.
Geographical Limitations: Primarily operates in India, which may restrict its appeal and accessibility to international clients.
Vishwas broker Accounts
Vishwas Fincap Account Type
Vishwas Fincap offers various types of accounts for traders, catering to different investment needs. The main account types include:
- Equity Trading Account: Designed for buying and selling shares on stock exchanges like NSE and BSE. This account allows investors to trade in equities and participate in the stock market.
- Derivatives Trading Account: This account enables trading in derivatives such as futures and options, providing opportunities for hedging and speculation.
- Forex Trading Account: For those interested in trading currency pairs, this account allows access to the forex market with leverage up to 1:500.
- Commodity Trading Account: Investors can trade in various commodities, benefiting from price fluctuations in markets like MCX and NCDEX.
- Demat Account: Essential for holding shares and securities in electronic form, facilitating easy buying, selling, and transfer of stocks.
- Visit the Website: Go to Vishwas Fincap's KYC Portal.
- Fill in the Application Form: Provide personal and financial details, selecting the type of account you wish to open (equity, derivatives, forex, etc.).
- Submit KYC Documents: Upload necessary documents for KYC verification, including:
- Identity proof (PAN Card, Aadhaar Card, Passport)
- Address proof (Electricity Bill, Bank Statement)
- Income proof (Salary Slip)
- A recent photograph
- Verification Process: Complete an in-person verification (IPV) either online via video call or offline by a representative visiting your address.
- Account Activation: Upon successful verification, you will receive a confirmation email with your login credentials. Set a password and PIN to activate your account.
- Fund Your Account: Transfer funds from your bank account to your trading account using methods like NEFT, RTGS, IMPS, or UPI.
- Start Trading: Once your account is funded, you can begin trading through Vishwas Fincap's user-friendly web-based trading platform.
Vishwas Fincap Broker Account Opening Process
Opening a trading account with Vishwas Fincap is a straightforward process. Here are the steps involved:
For more detailed information, visit Vishwas Fincap's official website.
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Vishwas accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .