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DSI foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://drishtishares.com/open.php, about the company's legal and temporary regulatory information, the company's address POCKET 40, BUILDING NO. 62 GROUND FLOOR,CHITTARNJAN PARK NEW DELHI- 110 019.

DSI Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
Drishti Shares & Investments (P) Ltd
Abbreviation
DSI
Company employee
--
Customer Service Email Address
drishtishares@gmail.com
Contact Number
+91114100009198
Company Website
Company Address
POCKET 40, BUILDING NO. 62 GROUND FLOOR,CHITTARNJAN PARK NEW DELHI- 110 019
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Aspect Information Registered Country/Area India Company Name Drishti Shares & Investments Pvt Limited Regulation Unregulated Services Equity Trading & Investment, Depository Services, Derivatives Trading, Margin Trading Facility, Currency Trading, IPO Investment, Commodity Trading Trading Platforms BOLTPlus On Web (BOW) Customer Support Physical Address, Phone, Fax, Email Overview Drishti Shares & Investments Pvt Limited (DSI), based in India, operates as an unregulated broker providing a variety of investment services including equity trading, depository services, derivatives trading, margin trading facility, currency trading, IPO investment, and commodity trading. They offer their services through the BOLTPlus On Web (BOW) trading platform. Customer support is provided through multiple channels including a physical address, phone, fax, and email, ensuring accessibility for clients seeking assistance or information. However, investors should exercise caution due to the lack of regulatory oversight, which may pose certain risks associated with accountability and consumer protection measures. Regulation DSI operates as an unregulated broker, which means it may lack oversight from financial regulatory authorities. Investors should exercise caution when engaging with unregulated brokers, as they may pose higher risks due to potential lack of accountability and consumer protection measures. It's advisable for investors to thoroughly research and consider regulated alternatives for their financial transactions. Pros and Cons Drishti Shares & Investments Pvt Limited (DSI) offers a range of investment services catering to diverse financial needs. However, being an unregulated broker poses certain risks for investors, necessitating careful consideration. Below is a breakdown of the pros and cons of engaging with Drishti Shares: Pros Cons 1. Diverse investment services available 1. Lack of oversight from financial regulatory authorities 2. Convenient online trading experience 2. Potential higher risks due to lack of accountability and consumer protection measures 3. Access to real-time market data 4. Seamless online IPO investment process 5. High liquidity for commodity trading In summary, Drishti Shares provides a convenient and diverse array of investment services. However, investors should be cautious due to its status as an unregulated broker, which may pose higher risks. It's advisable for investors to thoroughly research and consider regulated alternatives for their financial transactions. Services Drishti Shares & Investments Pvt Limited (DSI) provides a range of investment services organized to cater to diverse financial needs: Equity Trading & Investment: Online access to net position, account statement, and contract note. Convenient online trading experience. Real-time quotes for instant access to reliable data. Depository Services: Immediate transfer of securities without stamp duty. Minimal risk of theft, forgery, or loss. Demat account services for holding shares, bonds, and mutual funds electronically. Derivatives Trading: Hedging opportunities to reduce the risk of loss. Higher liquidity for maximizing revenues. Trading tools for capitalizing on market movements with lower initial margin requirements. Margin Trading Facility: Release of collateral upon clearance of debit. Collateral held by the broker on behalf of the client. Funding shares without sufficient resources by providing collateral. Currency Trading: Risk minimization through hedging strategies. Foreign exchange exposure protection through appropriate position management. Profit potential in both rising and falling currency markets. IPO Investment: Seamless online IPO investment process with Demat account integration. Opportunity to capitalize on share price appreciation for better returns. Access to IPO listings for raising funds and acquiring shares at discounted prices. Commodity Trading: High liquidity for easy position liquidation. Preservation of value during economic crises or natural disasters. Diversification through investments in commodities like gold and silver. Drishti Shares aims to offer organized and efficient investment solutions, ensuring prompt customer support and service delivery throughout the investment process. How to open an account? To open an account with Drishti Shares & Investments Pvt Limited (DSI), follow these steps to fill out the form provided: Name: Enter your full name in the designated field. Make sure to provide your name as it appears on your PAN card or any other official identification. Address: Input your residential or mailing address accurately, including street name, building/house number, locality, etc. City: Specify the city in which you reside. Pin Code: Enter the postal code corresponding to your address. State: Select your state from the dropdown menu or input it manually. Email Id: Provide a valid email address that you frequently use, as this will be used for communication regarding your account and transactions. Mobile Number: Enter your active mobile number, including the country code if applicable. This number will be used for account-related notifications and communication. PAN (Permanent Account Number): Input your PAN card number accurately. The PAN card is a mandatory requirement for opening a trading account in India and serves as a unique identification number for financial transactions. After filling out all the required fields, review the information you have provided to ensure accuracy. Once you are certain that all details are correct, submit the form. After submission, Drishti Shares' team will process your information and contact you soon to proceed with the account opening process. They may require additional documents or information for KYC (Know Your Customer) compliance, which you should be prepared to provide promptly. Trading Platform The BOLTPlus On Web (BOW) trading platform is a real-time solution provided by BSE Tech Infra Services Pvt Ltd, allowing users to trade across multiple markets instantly. It's designed for a great user experience and backed by strong security measures like two-factor authentication and secure data transmission. Key Features: Security: Implements strong security measures like two-factor authentication and secure data transmission. MarketWatch: Provides real-time market quotes and allows users to create custom watchlists. Order Management: Supports various order types and allows for fast order entry and modification. Reports: Offers comprehensive reports on orders, trades, margins, and more for transparent trading. Mobile Trading: Offers mobile trading with market analysis tools, real-time data, and seamless order placement. Risk Management: Built-in risk management system for real-time risk monitoring and margin calculations. Extended Services: Allows members to develop customized front-ends and provides access to multiple exchange segments. Overall, BOW simplifies trading by offering a user-friendly interface, strong security, and essential trading tools for efficient and secure trading experiences. Customer Support Drishti Shares & Investments Pvt Limited (DSI) provides robust customer support to address the needs and queries of its clients: Address: Clients can physically visit Drishti Shares' office located at POCKET 40, BUILDING NO. 62, GROUND FLOOR, CHITTARNJAN PARK, NEW DELHI- 110 019, for face-to-face assistance or discussions regarding their investments. Phone Support: Clients can reach out to Drishti Shares via phone at +91-11-41000091-98 during business hours. This direct line allows for immediate communication with customer service representatives for inquiries, issue resolution, or any assistance required. Fax Communication: For clients preferring traditional means of communication, Drishti Shares offers a fax line at +91-11-46551634. This channel can be used for submitting documents or inquiries, providing an additional avenue for client support. Email Support: Clients can also contact Drishti Shares via email at drishtishares@gmail.com. This allows for asynchronous communication, enabling clients to send inquiries, requests, or feedback at their convenience. The support team endeavors to respond to emails promptly. Overall, Drishti Shares demonstrates a commitment to excellent customer support by offering multiple communication channels, prompt responses, and personalized assistance to ensure a positive experience for their clients. Conclusion In conclusion, Drishti Shares & Investments Pvt Limited (DSI)offers a diverse range of investment services tailored to meet various financial needs, including equity trading, depository services, derivatives trading, margin trading, currency trading, IPO investments, and commodity trading. Despite being an unregulated broker, investors should exercise caution and conduct thorough research before engaging with their services. The BOLTPlus On Web (BOW) trading platform provided by BSE Tech Infra Services Pvt Ltd offers a robust and user-friendly solution for real-time trading across multiple markets, backed by strong security measures and essential trading tools. Drishti Shares also demonstrates a commitment to excellent customer support through various communication channels, ensuring prompt assistance and personalized service for clients. However, investors should be aware of the risks involved and consider regulated alternatives for their financial transactions. FAQs Q1: How can I open an account with Drishti Shares? A1: To open an account with Drishti Shares, simply fill out the provided form on their website with your name, address, contact details, and PAN card information. Once submitted, their team will process your application and contact you to proceed with the account opening process. Q2: What types of investment services does Drishti Shares offer? A2: Drishti Shares offers a wide range of investment services including equity trading, depository services, derivatives trading, margin trading, currency trading, IPO investments, and commodity trading. Each service is designed to cater to diverse financial needs and investment preferences. Q3: Is Drishti Shares regulated by financial authorities? A3: No, Drishti Shares operates as an unregulated broker, which means it may lack oversight from financial regulatory authorities. Investors should exercise caution and conduct thorough research before engaging with their services. Q4: What is the BOLTPlus On Web (BOW) trading platform? A4: The BOLTPlus On Web (BOW) trading platform provided by BSE Tech Infra Services Pvt Ltd is a real-time solution that allows users to trade across multiple markets instantly. It offers features such as real-time market quotes, order management, mobile trading, and strong security measures. Q5: How can I contact Drishti Shares for customer support? A5: You can contact Drishti Shares for customer support through various channels including phone, fax, and email. Their office is located at POCKET 40, BUILDING NO. 62, GROUND FLOOR, CHITTARNJAN PARK, NEW DELHI- 110 019. Additionally, you can reach them by phone at +91-11-41000091-98 or via email at drishtishares@gmail.com. Risk Warning Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.

Rating Index

Pros

User-friendly trading platform with access to various financial instruments.
Good execution speed and competitive spreads.
Responsive customer support and high ratings for trust and fairness.

Cons

Lack of proper regulation and insurance for clients.
Not using popular trading platforms like MT4 or MT5.
Limited establishment and credibility in the forex and CFD industry.
How to login to DSI?
dsi Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a dsi Account To begin your journey with the dsi platform, you first need to register for an account. This process is crucial as it sets up your access to various ser

DSI Forex Broker - Complete Information Guide

1. Broker Overview

DSI Broker, officially known as Drishti Shares India, was established in 2000. The company is headquartered in New Delhi, India, specifically located at Pocket 40, Building No. 62, Ground Floor, Chittarn Jan Park, New Delhi - 110 019. DSI operates as a private brokerage firm and offers a wide array of trading services to clients globally, primarily focusing on the forex and CFD markets.

Over the past two decades, DSI has aimed to provide comprehensive trading solutions, catering to both retail and institutional clients. The firm has developed various trading products and services, positioning itself within the competitive landscape of online trading. Despite its relatively long presence in the market, DSI has faced challenges regarding regulatory compliance, which has impacted its reputation and operational capabilities.

The business model of DSI is centered around retail forex trading, offering clients access to various financial instruments, including forex pairs, commodities, and indices. The firm also aims to provide a user-friendly trading environment, although it has not yet established a significant presence in the regulated forex and CFD industry.

2. Regulatory and Compliance Information

One of the critical aspects concerning DSI Broker is its regulatory status. Currently, DSI is classified as unregulated, meaning that it does not operate under the oversight of any major financial regulatory authority. This lack of regulation raises concerns among potential clients regarding the safety and security of their investments.

As DSI is unregulated, it does not possess any regulatory numbers or licenses that would typically be required for a brokerage firm. This absence of oversight means that there are no investor protection schemes in place, and clients' funds may not be guaranteed in the event of insolvency or operational issues.

The company has not publicly disclosed its policies regarding client fund segregation or participation in an investor compensation fund. Additionally, there is no detailed information available about DSI's KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures. This lack of transparency can be a significant drawback for potential investors considering trading with DSI Broker.

3. Trading Products and Services

DSI Broker provides access to a diverse range of trading products, catering to various investment strategies and preferences. The firm offers a selection of forex currency pairs, with a focus on major and minor currencies. While the exact number of available currency pairs is not specified, clients can typically expect to trade popular pairs such as EUR/USD, GBP/USD, and USD/JPY.

In addition to forex, DSI offers Contract for Difference (CFD) trading across various asset classes, including commodities, indices, and potentially even cryptocurrencies, although specific details on cryptocurrency offerings are not provided. The firm aims to keep its product offerings updated, but there is no clear indication of how frequently new products are introduced.

For both retail and institutional clients, DSI provides trading services tailored to individual needs. However, the absence of white-label solutions or asset management services indicates a more focused approach on retail trading rather than institutional partnerships.

4. Trading Platform and Technology

DSI Broker does not support the widely used MetaTrader 4 or 5 platforms, which may deter some traders accustomed to these popular trading environments. Instead, the firm has developed its own proprietary trading platform, which aims to offer a user-friendly interface and essential trading functionalities.

The broker provides a web-based trading platform, allowing clients to access their accounts and execute trades from any device with internet connectivity. Additionally, DSI may offer a mobile application for both iOS and Android devices, although specific details about the app's features and functionalities are not mentioned.

Regarding execution modes, DSI utilizes a Market Making model, which may affect the spreads and pricing offered to clients. The firm's servers are reportedly located in India, but detailed information about the technical infrastructure and server reliability is not available.

Moreover, DSI Broker does not appear to offer API access or support for automated trading, which may limit the options for algorithmic traders looking to implement advanced trading strategies.

5. Account Types and Trading Conditions

DSI Broker offers different types of trading accounts to accommodate various trading styles and investment levels. The standard account typically requires a minimum deposit, with spreads and commissions that are competitive but not explicitly detailed in the available information.

For more experienced traders, DSI may provide advanced account types, such as VIP or professional accounts, although the specific benefits and requirements for these accounts are not disclosed. The firm also seems to offer Islamic accounts, catering to clients who require Sharia-compliant trading options.

A demo account is likely available for those who want to practice trading without risking real capital, but specific policies regarding the demo account are not provided.

Leverage ratios at DSI may vary depending on the product, but details on the exact leverage offered are not available. The minimum trade size is typically standard for forex brokers, but precise figures are not mentioned. Additionally, information on overnight fees or swap rates is also lacking.

6. Fund Management

DSI Broker supports various deposit methods, including bank transfers, credit cards, and electronic wallets. However, specific details regarding the minimum deposit requirements for different account types are not provided.

The processing time for deposits is generally quick, but exact timeframes for each method are not specified. There is no mention of deposit fees, which may vary depending on the payment method used.

For withdrawals, DSI Broker offers several methods, although the specific options and any associated limitations are not detailed. The processing time for withdrawals is typically within a few business days, but clients should verify the exact timelines with the broker.

Withdrawal fees and conditions are also not clearly outlined, which may lead to unexpected costs for clients when accessing their funds.

7. Customer Support and Educational Resources

DSI Broker provides customer support through multiple channels, including phone, email, and live chat. The firm aims to offer assistance during business hours, but specific service times and time zone coverage are not disclosed.

The broker likely supports multiple languages, though the exact languages available for customer support are not specified.

In terms of educational resources, DSI appears to offer various types of content, such as webinars, tutorials, and eBooks. Market analysis services, including daily reports and research insights, may also be available to assist traders in making informed decisions.

Additionally, DSI Broker may provide trading tools, such as calculators and economic calendars, but detailed information about these resources is not readily available.

8. Regional Coverage and Restrictions

DSI Broker primarily serves clients in India and aims to expand its reach to other regions. However, specific details about its market presence in other countries are not provided.

The broker has regional offices, but the exact locations and their roles in supporting clients are not specified.

Certain countries may be restricted from opening accounts with DSI Broker, although a definitive list of excluded jurisdictions is not available. Special restrictions may apply to clients from regions with stringent regulatory requirements, but further clarification is needed.

In conclusion, DSI Broker presents a mixed profile, with its unregulated status raising concerns while offering a range of trading products and services. Potential clients should carefully consider these factors before engaging with the broker.

DSI Forex Broker has an overall rating of 1.56, Regulatory Index 0.00, License Index 0.00, Business Index 7.38, Software Index 4.00 Risk Control Index 0.00.