Ashlar Forex Broker

Ashlar Forex Broker - Complete Information Guide

1. Overview of the Broker

　　Ashlar Securities Pvt. Ltd. was founded in 2001 by Bharat Bansal and is headquartered in Noida, Uttar Pradesh, India. As a private limited company, Ashlar Securities operates as a full-service broker and is a member of both the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). The company primarily serves retail and institutional clients, offering a range of investment and trading services.

　　Since its inception, Ashlar Securities has established itself as a reputable player in the Indian financial market, with a client base exceeding 4,000 active clients and multiple branches across the country. The company has focused on providing comprehensive online trading services, including stock broking, demat account services, mutual fund services, and commodity trading.

　　Over the years, Ashlar Securities has achieved significant milestones, including expanding its service offerings and enhancing its trading platforms. The company aims to provide cost-effective trading solutions, thereby attracting a diverse customer base. As an ashlar broker, it emphasizes customer service and tailored trading solutions to meet the unique needs of its clients.

2. Regulatory and Compliance Information

　　Ashlar Securities is regulated by several key authorities in India, including the Securities and Exchange Board of India (SEBI). The broker holds the necessary licenses and complies with the regulations set forth by these organizations.

• Regulatory Bodies:
• Securities and Exchange Board of India (SEBI)
• National Stock Exchange (NSE)
• Bombay Stock Exchange (BSE)

　　The regulatory numbers for Ashlar Securities are as follows:

• NSE Registration No: INB231371833
• BSE Registration No: INB011371839

　　The licenses held by Ashlar Securities are valid for the duration specified by the regulatory authorities, ensuring that the broker operates within the legal frameworks of the Indian financial markets.

　　Customer funds are kept in segregated accounts to ensure their safety and compliance with the regulations. Ashlar Securities participates in the Investor Protection Fund, which provides additional security to its clients. The broker adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to prevent fraudulent activities and ensure the integrity of its services.

3. Trading Products and Services

　　Ashlar Securities offers a wide range of trading products to its clients, including:

• Forex Trading: The broker provides access to a variety of currency pairs for trading.
• CFD Products: These include indices, commodities, stocks, and cryptocurrencies.
• Equity Trading: Clients can trade in various stocks listed on the NSE and BSE.
• Commodity Trading: Ashlar Securities allows trading in commodities like gold, silver, and crude oil through the MCX and NCDEX.
• Mutual Funds: The broker offers a selection of mutual funds for investment.
• Systematic Investment Plans (SIPs): Clients can invest in mutual funds through SIPs.

　　The range of products is regularly updated to include new offerings based on market trends and customer demand. Ashlar Securities caters to both retail and institutional clients, providing customized solutions to meet their specific trading needs. Furthermore, the broker offers white-label solutions for businesses looking to enter the trading space.

4. Trading Platforms and Technology

　　Ashlar Securities supports the popular trading platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5), providing clients with advanced trading capabilities.

• Self-Developed Platforms: The broker has also developed proprietary trading platforms that cater to various trading styles and preferences.
• Web-Based Trading Platform: Ashlar Securities offers a web-based platform for convenient access to trading from any device with internet connectivity.
• Mobile Applications: The broker provides mobile applications for both iOS and Android devices, allowing clients to trade on the go.

　　The execution model employed by Ashlar Securities includes ECN (Electronic Communication Network) and STP (Straight Through Processing), ensuring fast and efficient trade execution. The broker's servers are strategically located to minimize latency and enhance trading performance. Additionally, Ashlar Securities supports API access for automated trading, catering to algorithmic traders and developers.

5. Account Types and Trading Conditions

　　Ashlar Securities offers several account types to accommodate different trading needs:

• Standard Account: This account requires a minimum deposit of ₹25,000 and offers competitive spreads and commissions.
• Premium Accounts: For high-volume traders, Ashlar Securities provides premium account options with enhanced features.
• Islamic Accounts: The broker offers Islamic accounts that comply with Sharia law for clients who require such services.
• Corporate Accounts: Dedicated accounts for businesses and institutions are also available.

　　The broker provides a demo account for clients to practice trading without financial risk. Leverage ratios vary by product, with up to 5x leverage available for equity intraday trading. The minimum trade size and overnight fees are clearly outlined in the account specifications, ensuring transparency for all clients.

6. Fund Management

　　Ashlar Securities supports various deposit methods to facilitate easy fund management:

• Deposit Methods: Clients can deposit funds via bank transfer, credit card, and electronic wallets.
• Minimum Deposit Requirement: The minimum deposit varies by account type, generally starting at ₹25,000 for standard accounts.
• Deposit Processing Time: Deposits are usually processed within 1-2 business days.
• Withdrawal Methods and Limits: Clients can withdraw funds through the same methods used for deposits, with specific limits based on account type.
• Withdrawal Processing Time: Withdrawals are typically processed within 3-5 business days.
• Withdrawal Fees: Ashlar Securities has a transparent fee structure for withdrawals, with specific fees applicable based on the method used.

7. Customer Support and Educational Resources

　　Ashlar Securities provides a robust customer support system to assist clients:

• Support Channels: Clients can reach out via phone, email, and online chat. Social media support is also available.
• Service Hours and Time Zone Coverage: The support team operates during regular business hours in the Indian time zone.
• Multilingual Support: The broker offers support in multiple languages, catering to a diverse clientele.
• Educational Resources: Ashlar Securities provides various educational materials, including webinars, tutorials, and e-books to help clients enhance their trading knowledge.
• Market Analysis Services: Clients receive daily market analysis, news updates, and research reports to aid their trading decisions.
• Trading Tools: The broker offers a range of trading tools, including calculators, economic calendars, and signal services.

8. Regional Coverage and Restrictions

　　Ashlar Securities primarily serves clients in India, with a well-established presence in the northern regions.

• Main Service Markets: The broker focuses on the Indian financial markets, including equity, commodity, and forex trading.
• Regional Office Distribution: Ashlar Securities has multiple branches across India, providing localized support.
• Countries/Regions Not Accepted: The broker does not accept clients from regions where it is not compliant with local regulations.
• Special Restrictions: Specific restrictions may apply based on regulatory requirements in different jurisdictions.

　　In conclusion, Ashlar Securities stands as a reputable full-service broker in India, providing a wide range of trading products and services to cater to both retail and institutional clients. With its commitment to regulatory compliance, customer support, and educational resources, Ashlar Securities continues to be a preferred choice for many traders in the Indian market. As an ashlar broker, it emphasizes transparency and customer satisfaction, making it a viable option for those looking to navigate the complexities of the financial markets.