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Fairdeal foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.fairdeal.in/, about the company's legal and temporary regulatory information, the company's address 92, Green Park.New Market. Jawarah nagar ,Jalandhar City ,Punjab ,India.

Fairdeal Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
Fairdeal Money Management
Abbreviation
Fairdeal
Company employee
--
Customer Service Email Address
fairindia@gmail.com
Contact Number
+919888555000
Company Website
Company address
92, Green Park.New Market. Jawarah nagar ,Jalandhar City ,Punjab ,India
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Fairdeal broker review

Rating Index

  

Fairdeal Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  Fairdeal Brokers, established in 1995, is a private company headquartered in Mumbai, India. The firm operates primarily within the commercial real estate sector, providing services to a diverse clientele, including multinational corporations (MNCs), high-net-worth individuals (HNWIs), and various Indian corporates. Over its nearly three-decade-long history, Fairdeal has successfully completed over 3,500 significant commercial real estate transactions, which encompass office spaces, retail properties, warehousing, and land acquisitions across major cities in India, such as Mumbai, Bangalore, and Hyderabad.

  The company was founded by Ashok Gupta and Pramod Gupta, and it has since evolved into one of the most trusted names in the Indian commercial real estate market. Fairdeal's business model is focused on delivering personalized services, ensuring customer satisfaction, and optimizing property investments. Their commitment to these pillars has resulted in a remarkable 90% client retention rate, demonstrating their dedication to achieving commercial real estate perfection. As a broker, Fairdeal aims to provide a fair and transparent experience for its clients, encapsulated in their motto, "If it isn‘t Fairdeal, it isn’t a fair deal."

  

2. Regulatory and Compliance Information

  Fairdeal Brokers operates under the regulations set forth by several key financial authorities. The primary regulatory bodies overseeing their operations include the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI). Each of these authorities provides oversight to ensure that Fairdeal complies with the necessary legal and ethical standards.

  The regulatory numbers associated with Fairdeal Brokers include registration with SEBI, which is crucial for maintaining investor trust and ensuring the integrity of their trading practices. The licenses held by Fairdeal are valid indefinitely, contingent upon continued compliance with the regulations set forth by these authorities.

  In terms of client protection, Fairdeal Brokers adheres to strict policies regarding the segregation of client funds. This ensures that client assets are kept separate from the companys operational funds, thereby providing an additional layer of security for investors. Furthermore, Fairdeal is a participant in investor compensation schemes, which are designed to protect clients in the event of financial insolvency.

  To comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, Fairdeal Brokers implements thorough verification processes for all clients. This includes identity verification, risk assessments, and ongoing monitoring of transactions to prevent illicit activities.

  

3. Trading Products and Services

  Fairdeal Brokers offers a wide range of trading products and services tailored to meet the needs of both retail and institutional clients. The broker provides access to over 15,000 verified commercial properties and various financial instruments.

  

Forex Trading

  Fairdeal Brokers facilitates trading in numerous currency pairs, including major, minor, and exotic pairs. This extensive selection allows traders to diversify their portfolios and capitalize on various market movements.

  

CFDs and Other Products

  In addition to forex trading, Fairdeal Brokers offers Contracts for Difference (CFDs) across various asset classes, including:

  • Indices: Major global indices for diversified trading.
  • Commodities: Trading options in precious metals, energy products, and agricultural goods.
  • Stocks: Access to trading in shares of prominent companies.
  • Cryptocurrencies: A selection of popular cryptocurrencies for trading.

  The firm continually updates its product offerings to adapt to market trends and client demands, ensuring that traders have access to the latest financial instruments.

  

4. Trading Platforms and Technology

  Fairdeal Brokers supports the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, providing traders with robust tools for market analysis and trade execution. These platforms are renowned for their user-friendly interfaces and comprehensive charting capabilities.

  In addition to MT4 and MT5, Fairdeal has developed its proprietary trading platform, which is designed to cater to the needs of both novice and experienced traders. This platform offers advanced trading features, including automated trading capabilities and real-time market data.

  The broker also provides a web-based trading platform, allowing clients to trade directly from their browsers without the need for software installation. For traders on the go, Fairdeal Brokers offers mobile applications compatible with both iOS and Android devices, ensuring that clients can manage their accounts and execute trades anytime, anywhere.

  Fairdeal Brokers employs a variety of execution models, including ECN (Electronic Communication Network) and STP (Straight Through Processing), ensuring competitive pricing and fast order execution. Their servers are strategically located to optimize trading speed and reliability, providing a seamless trading experience.

  API access is available for clients interested in automated trading systems, allowing them to integrate their trading strategies directly with Fairdeals infrastructure.

  

5. Account Types and Trading Conditions

  Fairdeal Brokers offers several account types to cater to different trading needs and preferences.

  

Standard Account

  • Minimum Deposit: Competitive rates.
  • Spreads: Low spreads starting from 1 pip.
  • Commission: No commission on standard accounts.

  

Advanced Account Types

  • VIP Accounts: Tailored for high-volume traders, offering lower spreads and exclusive services.
  • Professional Accounts: Designed for experienced traders needing advanced trading tools and higher leverage.

  

Special Accounts

  • Islamic Accounts: Available for clients who require Sharia-compliant trading conditions.
  • Corporate Accounts: Designed for businesses and institutions.

  

Additional Features

  • Demo Account: Fairdeal Brokers provides a demo account for new traders to practice without risk.
  • Leverage: Leverage ratios vary depending on the asset class, with options up to 1:100 for forex trading.
  • Minimum Trade Size: Standard trading conditions apply, ensuring flexibility for traders.

  

Overnight Fees

  Fairdeal Brokers has a transparent policy regarding overnight fees (swap rates), which are clearly communicated to clients prior to trading.

  

6. Fund Management

  Fairdeal Brokers supports multiple deposit methods to facilitate easy account funding. These methods include:

  • Bank Transfers: Direct transfers to Fairdeals accounts.
  • Credit/Debit Cards: Quick and secure deposits using major card providers.
  • E-Wallets: Popular digital payment options for instant funding.

  

Minimum Deposit Requirements

  • Minimum deposit requirements vary by account type, ensuring accessibility for all traders.

  

Processing Times

  • Deposits: Generally processed instantly, except for bank transfers which may take longer.
  • Withdrawal Methods: Clients can withdraw funds using the same methods used for deposits.

  

Withdrawal Processing Times

  Withdrawal requests are typically processed within 24 hours, with times varying based on the method chosen.

  

Fee Structures

  Fairdeal Brokers maintains a transparent fee structure for both deposits and withdrawals, with no hidden charges.

  

7. Customer Support and Educational Resources

  Fairdeal Brokers prides itself on offering comprehensive customer support to its clients. The support channels available include:

  • Phone Support: Direct lines for immediate assistance.
  • Email Support: Dedicated email addresses for inquiries.
  • Live Chat: Real-time support through the website.
  • Social Media: Active presence on platforms for additional support.

  

Service Hours

  Support is available during market hours, with extended hours to accommodate clients in different time zones.

  

Multilingual Support

  Fairdeal Brokers provides support in multiple languages, ensuring effective communication with clients from diverse backgrounds.

  

Educational Resources

  The broker offers a variety of educational materials, including:

  • Webinars: Regular online seminars covering trading strategies and market analysis.
  • Tutorials: Step-by-step guides on using trading platforms effectively.
  • E-books: Comprehensive resources on trading fundamentals.

  

Market Analysis Services

  Clients receive daily market analyses, news updates, and research reports to assist in informed trading decisions.

  

Trading Tools

  Fairdeal Brokers provides various trading tools, such as:

  • Calculators: For margin, pip value, and profit/loss calculations.
  • Economic Calendar: Keeping traders informed of key economic events.

  

8. Regional Coverage and Restrictions

  Fairdeal Brokers primarily serves clients in India and several other regions, including:

  • Major Markets: India, Southeast Asia, and parts of the Middle East.
  • Regional Offices: Offices located in key cities such as Mumbai, Bangalore, and Delhi.

  

Restrictions

  Certain countries are restricted from accessing Fairdeals services, including those under international sanctions or those with regulatory restrictions.

  

Special Limitations

  Details regarding specific limitations on services are outlined in the client agreement, ensuring transparency and compliance with local laws.

  In conclusion, Fairdeal Brokers stands out as a reputable player in the forex and commercial real estate sectors, offering a range of services tailored to meet the diverse needs of its clients. With a commitment to transparency, compliance, and customer satisfaction, Fairdeal continues to build its reputation as a trusted broker in the financial industry.

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Fairdeal Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.32, Software Index 4.00 Risk Control Index 0.00.