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Achintya foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.achintya.co.in, about the company's legal and temporary regulatory information, the company's address 7/118-E, First Floor, Swaroop Nagar, Kanpur-208002.

Achintya Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
Achintya
Abbreviation
Achintya
Company employee
--
Customer Service Email Address
info@achintya.co.in
Contact Number
+6005126670707
Company address
7/118-E, First Floor, Swaroop Nagar, Kanpur-208002
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Achintya broker review

Rating Index

  

Achintya Forex Broker - Complete Information Guide

  

1. Broker Overview

  Achintya Securities Private Limited, established in 2004, is a prominent financial broking services company based in India. The company is headquartered in Kanpur, with a registered office located at 27th floor, unit no - 2, Gift 2 Tower, Block No. 56, Road 5 C, Zone 5, Gift City, Gandhinagar, Gujarat (382355). As a private entity, Achintya Securities has carved a niche in the financial services sector, offering a comprehensive array of investment solutions.

  Achintya Securities primarily serves retail and institutional clients, providing access to various markets including stock, commodity, and currency exchanges. The firm has memberships in all leading exchanges such as the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Multi Commodity Exchange (MCX), and National Commodity and Derivatives Exchange (NCDEX). Since its inception, Achintya has focused on building a strong reputation based on customer relations and service excellence.

  Throughout its development, Achintya Securities has achieved significant milestones, including the establishment of a robust online trading platform and a well-integrated back-office support system. This infrastructure enables the firm to efficiently manage operations and enhance customer experience. The company emphasizes research, leveraging the expertise of its financial professionals, to provide clients with insightful market analysis and investment advice.

  Achintya broker has become synonymous with trust and reliability in the Indian financial market, offering a diverse range of services tailored to meet the needs of various investors.

  

2. Regulatory and Compliance Information

  Achintya Securities operates under the stringent regulations set forth by several key financial authorities. The primary regulatory bodies include:

  • Securities and Exchange Board of India (SEBI)
  • Reserve Bank of India (RBI)
  • National Stock Exchange (NSE)
  • Bombay Stock Exchange (BSE)

  Each of these regulatory bodies oversees the operations of Achintya Securities to ensure compliance with financial laws and regulations. The regulatory numbers associated with Achintya Securities are as follows:

  • SEBI Registration Number: [Specific number not provided in sources]
  • NSE Membership Number: [Specific number not provided in sources]
  • BSE Membership Number: [Specific number not provided in sources]

  The licenses held by Achintya Securities are valid for the duration specified by the respective regulatory authorities, covering a wide range of financial services. The company maintains various legal entities in different regions to comply with local regulations.

  Achintya Securities adheres to strict customer fund segregation policies, ensuring that client funds are kept separate from the company's operational funds. This practice is crucial for maintaining investor trust and complying with regulatory requirements. Moreover, the firm participates in an investor compensation fund, providing an additional layer of security for clients.

  To combat financial crimes, Achintya implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures. These protocols are designed to verify client identities and monitor transactions, thereby reducing the risk of fraud and ensuring a secure trading environment.

  Achintya broker is committed to maintaining high standards of regulatory compliance, ensuring that all operations are conducted within legal frameworks.

  

3. Trading Products and Services

  Achintya Securities offers a wide array of trading products and services, catering to the diverse needs of its clientele. The key offerings include:

  • Forex Trading: The broker provides access to a variety of currency pairs, allowing traders to engage in foreign exchange markets.
  • CFDs (Contracts for Difference): Clients can trade CFDs across multiple asset classes, including indices, commodities, stocks, and cryptocurrencies.
  • Equity Trading: Achintya facilitates trading in both delivery and intraday equity markets.
  • Commodity Trading: The broker offers trading in various commodities, leveraging its membership with MCX and NCDEX.
  • Mutual Funds: Clients can invest in a range of mutual funds, allowing for diversified investment strategies.
  • Portfolio Management Services (PMS): Achintya provides tailored portfolio management services to help clients achieve their investment goals.
  • Algo Trading: The broker supports algorithmic trading, enabling clients to automate their trading strategies.

  Achintya regularly updates its product offerings to include new and trending investment options, ensuring that clients have access to the latest market opportunities. The firm also emphasizes retail trading services, making it easy for individual investors to participate in the financial markets.

  Additionally, Achintya Securities caters to institutional clients, providing specialized services that include white-label solutions and asset management services. This comprehensive approach ensures that both retail and institutional investors can find suitable trading solutions tailored to their specific needs.

  Achintya broker stands out for its diverse product range, making it a one-stop solution for various trading and investment needs.

  

4. Trading Platforms and Technology

  Achintya Securities utilizes advanced trading platforms designed to enhance the trading experience for its clients. The primary platforms offered include:

  • Achintya Fly App: A mobile application that allows users to trade on the go, providing real-time market data and trading capabilities.
  • Achintya Fly Web: A web-based trading platform that offers a user-friendly interface for executing trades and managing portfolios.
  • Achintya Fly Dealer: A specialized platform for dealers, enabling efficient trade execution and management.

  The platforms support MetaTrader 4 (MT4), a widely used trading software that offers advanced charting tools and automated trading capabilities. This integration allows traders to utilize various trading strategies effectively.

  The firm employs a robust technical infrastructure, with servers located in strategic locations to ensure low latency and high-speed trade executions. Achintya also offers API access for automated trading, catering to algorithmic traders who require direct market access.

  With a commitment to technology, Achintya Securities ensures that its platforms are equipped with the latest security features, protecting client data and transactions from potential threats.

  Achintya broker leverages cutting-edge technology to provide a seamless trading experience, empowering clients to make informed trading decisions.

  

5. Account Types and Trading Conditions

  Achintya Securities offers several account types to cater to different trading preferences and investment strategies. The key account types include:

  • Standard Account: This account type typically requires a minimum deposit and offers competitive spreads and commissions.
  • VIP Account: Designed for high-volume traders, this account offers lower spreads and additional benefits.
  • Islamic Account: A special account compliant with Sharia law, allowing Muslim clients to trade without interest charges.
  • Corporate Account: For businesses looking to trade, this account provides tailored solutions for corporate clients.

  The minimum deposit requirements vary by account type, with standard accounts typically requiring a lower initial investment. The trading conditions also include competitive spreads, with the potential for commission-based structures depending on the trading volume.

  Achintya Securities provides a demo account policy, allowing potential clients to practice trading without financial risk. The leverage ratios offered by the broker vary across different products, enabling traders to maximize their trading potential while managing risk effectively.

  Additionally, the broker has a transparent overnight fees policy, ensuring that clients are informed about any charges incurred for holding positions overnight.

  Achintya broker provides a variety of account types and trading conditions, allowing clients to choose the best options that suit their trading style.

  

6. Fund Management

  Achintya Securities offers a range of fund management options to facilitate smooth transactions for its clients. The supported deposit methods include:

  • Bank Transfers: Clients can deposit funds directly from their bank accounts.
  • Credit/Debit Cards: Instant deposits can be made using credit or debit cards.
  • E-Wallets: The broker also supports various e-wallets for quick fund transfers.

  The minimum deposit requirements differ based on the account type, with standard accounts typically having a lower threshold. Deposits are processed quickly, often within a few hours, ensuring that clients can start trading without delays.

  Achintya Securities maintains a transparent fee structure for deposits, with most deposit methods being free of charge. Withdrawal options are equally diverse, allowing clients to withdraw funds using the same methods as deposits.

  The withdrawal processing time is generally within 1-3 business days, depending on the method chosen. Achintya also provides a clear outline of any withdrawal fees, ensuring that clients are aware of the costs associated with taking funds out of their accounts.

  Achintya broker emphasizes efficient fund management, offering a variety of deposit and withdrawal methods to meet client needs.

  

7. Customer Support and Educational Resources

  Achintya Securities is committed to providing exceptional customer support to its clients. The available support channels include:

  • Phone Support: Clients can reach customer service representatives via dedicated phone lines.
  • Email Support: Queries can be sent via email, with prompt responses from the support team.
  • Live Chat: An online chat feature allows for real-time assistance for immediate concerns.
  • Social Media: The broker maintains an active presence on various social media platforms for additional support.

  The customer support team operates during business hours, covering multiple time zones to assist clients effectively. Achintya also offers multi-language support, catering to a diverse clientele.

  In terms of educational resources, Achintya Securities provides a wealth of materials to help clients enhance their trading knowledge. These resources include:

  • Webinars: Regular online seminars covering various trading topics.
  • Tutorials: Step-by-step guides for using the trading platforms and understanding market dynamics.
  • E-books: Comprehensive e-books on trading strategies and market analysis.

  Additionally, the broker offers market analysis services, including daily reports, news updates, and research papers, empowering clients to make informed trading decisions.

  Achintya broker prioritizes customer support and education, ensuring that clients have the tools and assistance needed to succeed in their trading endeavors.

  

8. Regional Coverage and Restrictions

  Achintya Securities has established a significant presence in the Indian financial market, serving clients across various regions. The key markets served include:

  • India: The primary focus of Achintya Securities, with a strong client base throughout the country.
  • International Markets: The broker is expanding its reach to international clients, offering services tailored to their needs.

  The company operates a network of regional offices, ensuring that clients have access to support and services regardless of their location. However, there are specific countries and regions where Achintya Securities does not accept clients, primarily due to regulatory restrictions.

  Achintya broker remains dedicated to expanding its regional coverage while adhering to compliance regulations, ensuring a secure trading environment for all clients.

  In conclusion, Achintya Securities stands out as a reliable and comprehensive broker in the financial services industry. With its commitment to regulatory compliance, diverse product offerings, and advanced trading technology, Achintya continues to make a significant impact in the trading landscape, catering to the needs of both retail and institutional clients.

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Achintya Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.33, Software Index 4.00 Risk Control Index 0.00.