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P. Suryakant foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website --, about the company's legal and temporary regulatory information, the company's address .

P. Suryakant Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
P. Suryakant Share & Stock Brokers Pvt. Ltd.
Abbreviation
P. Suryakant
Company employee
--
Customer Service Email Address
rajeshmorparia@psjsecurities.com
Contact Number
9820863800/9321053967
Company Website
--
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

General Information Incorporated in 2001, P. Suryakant Share & Stock Brokers Pvt. Ltd. is an India-based stockbroking company (Registration Number: 130484) focusing on three segments: BSE Equity Segment, BSE Derivatives Segment and MCX Currency Futures (MCX-SX). P. Suryakant claims that it offers internet-based trading and has more than 12,000 registered clients. P. Suryakant Share & Stock Brokers Pvt. Ltd.s authorized share capital is Rs. 25,000,000 and its paid up capital is Rs. 25,000,000. It is involved in activities auxiliary to financial intermediation, except insurance and pension funding. Additional details There are some additional details of this stockbroking company are listed below: CIN U67120MH2001PTC130484 Date of Incorporation 17 Jan, 2001 Registration Number Active Company Category Company limited by Shares Company Sub-Category Non-govt company Company Class Private Business Activity Finance Authorized Capital 250.0 lakhs Paid-up Capital 250.0 lakhs Listing Status Unlisted AGM Last Held on 29 Sep 2017 Balance Sheet Last Updated on 31 Mar 2017 Payment Issues If clients agree, understand and confirm that the credit card/debit card/wallet details provided by them towards subscription fees for availing of any of this company‘s product services will be correct and accurate and you shall not use the credit card/debit card which is not lawfully owned by you, i.e.in a transaction, you must use your own card/account. You further agree and undertake to provide the correct and valid credit card details when making payment on this company’s product. This company promises that they will not store any information related to your Credit Card/Debit Card or Net Banking. Contact Information Clients who have any inquiries or trading-related problems can get in touch with P. Suryakant Share & Stock Brokers Pvt. Ltds customer support through the following channels: Telephone: 8424045373 Email:psjsec@rediffmail.com Company address: P. Suryakant Share & Stock Brokers Pvt. Ltd. PSJ Securities Pvt. Ltd. BUILDING NO.5,5TH FLOOR, RAJA BAHADUR COMPOUND, COMPOUND,WEST WING, MUMBAI SAMACHAR MARG, FORT,MUMBAI - 400 001.

Rating Index

  

P Suryakant Forex Broker - Complete Information Guide

  

1. Broker Overview

  • Suryakant Share & Stock Brokers Pvt. Ltd., established in 2001, is a prominent player in the Indian financial services sector. The company is headquartered in Mumbai, Maharashtra, and operates primarily as a private limited entity. Over the years, P. Suryakant has built a reputation for providing a wide range of investment services, catering to both retail and institutional clients.
  •   The firm focuses on equity trading, derivatives, commodities, and currency trading. With a commitment to client service and a technology-driven approach, it has successfully grown its client base from a modest number to over 15,000 active clients today. P. Suryakant's journey reflects significant milestones, including the expansion of its service offerings and the enhancement of its technological infrastructure to meet the evolving needs of the market.

      As part of its business model, P. Suryakant operates through various segments, including retail forex, institutional services, and wealth management solutions. The company's dedication to integrity and transparency has positioned it as a trusted partner for investors seeking to navigate the complexities of the financial markets.

      

    2. Regulatory and Compliance Information

    • Suryakant operates under the regulatory framework established by several key authorities in India. The primary regulatory bodies overseeing its operations include the Securities and Exchange Board of India (SEBI), the Bombay Stock Exchange (BSE), and the National Stock Exchange (NSE).
    •   The company holds registration numbers with these regulatory bodies, ensuring compliance with local laws and regulations. The SEBI registration number for P. Suryakant is INB011159036, which is valid for trading in various segments. The broker is committed to maintaining high standards of compliance, adhering to the Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

        Client funds are managed with utmost care, as P. Suryakant implements stringent policies for fund segregation to protect investor interests. The company participates in investor compensation schemes, providing an additional layer of security for its clients.

      • Suryakant's compliance framework is designed to foster trust and mitigate risks, ensuring a secure trading environment for all its clients.
      •   

        3. Trading Products and Services

        • Suryakant offers an extensive array of trading products designed to meet the diverse needs of its clients. In the forex market, the broker provides access to a wide range of currency pairs, allowing traders to capitalize on global currency fluctuations. The company also engages in Contracts for Difference (CFDs), covering various asset classes, including indices, commodities, stocks, and cryptocurrencies.
        •   The broker is dedicated to expanding its product offerings, frequently updating its portfolio to include new and innovative trading instruments. This commitment to product diversity enables clients to access various trading opportunities across different markets.

            Retail trading services are complemented by specialized offerings for institutional clients, including customized trading solutions and white-label services. P. Suryakant also provides asset management services, catering to high-net-worth individuals and institutional investors looking for tailored investment strategies.

            

          4. Trading Platforms and Technology

          • Suryakant supports the widely popular MetaTrader 4 (MT4) platform, which is favored by many traders for its user-friendly interface and robust trading tools. Additionally, the broker has developed its proprietary trading platform, which offers advanced features and functionalities tailored to the needs of both novice and experienced traders.
          •   The web-based trading platform allows clients to trade from any device with internet access, providing flexibility and convenience. Furthermore, P. Suryakant has launched mobile applications compatible with both iOS and Android devices, ensuring that clients can manage their trades on the go.

              The broker employs an Electronic Communication Network (ECN) execution model, facilitating direct market access and ensuring competitive pricing. With state-of-the-art server infrastructure located in strategic financial hubs, P. Suryakant guarantees fast order execution and minimal latency.

              API integration is available for clients interested in automated trading solutions, providing advanced traders with the tools necessary to implement algorithmic trading strategies effectively.

              

            5. Account Types and Trading Conditions

            • Suryakant offers several account types to cater to the varying needs of its clients. The standard account requires a minimum deposit, with competitive spreads and commission structures designed to provide value to traders. For more experienced traders, the broker offers advanced account types, including VIP and professional accounts, which come with enhanced features and lower trading costs.
            •   Clients can also access specialized accounts, such as Islamic accounts, which comply with Sharia law, and corporate accounts designed for businesses. P. Suryakant provides a demo account option, allowing potential clients to familiarize themselves with the trading platform and test strategies without financial risk.

                Leverage ratios offered by P. Suryakant vary across different products, enabling clients to manage their risk exposure effectively. The minimum trade size and overnight fees are clearly outlined, ensuring transparency in trading conditions.

                

              6. Fund Management

              • Suryakant supports multiple deposit methods, including bank transfers, credit cards, and electronic wallets, making it easy for clients to fund their accounts. The minimum deposit requirement varies depending on the account type, providing options for both retail and institutional clients.
              •   The broker processes deposits efficiently, with standard processing times to ensure that clients can begin trading without unnecessary delays. P. Suryakant maintains a clear fee structure for deposits, ensuring that clients are aware of any potential charges.

                  Withdrawal methods are also diverse, with options available for clients to access their funds conveniently. The withdrawal processing times are competitive, and the broker strives to minimize any associated fees, enhancing the overall client experience.

                  

                7. Customer Support and Educational Resources

                • Suryakant prides itself on providing exceptional customer support through various channels, including telephone, email, and online chat. The support team is available during market hours, ensuring that clients can receive assistance when needed.
                •   The broker offers multi-language support, catering to a diverse clientele. Educational resources are available in the form of webinars, tutorials, and e-books, designed to enhance clients' trading knowledge and skills.

                    Market analysis services, including daily reports and research publications, are provided to keep clients informed of market trends and opportunities. P. Suryakant also offers trading tools, such as calculators and economic calendars, to assist clients in making informed trading decisions.

                    

                  8. Regional Coverage and Restrictions

                  • Suryakant primarily serves clients in India, with a strong presence in major financial hubs. The broker has established regional offices to cater to clients in various states, enhancing its local service capabilities.
                  •   While the broker is committed to expanding its services, certain countries may have restrictions on trading due to regulatory compliance issues. P. Suryakant does not accept clients from regions where its services may violate local laws or regulations, ensuring adherence to international compliance standards.

                      In summary, P. Suryakant Share & Stock Brokers Pvt. Ltd. stands out as a reputable broker in the Indian financial landscape, providing diverse trading products, robust technology, and comprehensive support to its clients. With a strong commitment to compliance and customer service, P. Suryakant continues to grow and adapt to the evolving needs of the market.

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Latest Reviews

FX2681578713

FX2681578713

Philippines

I trusted P. Suryakant in 2019. Not anymore. Since Mid Aug, 2020, I have been waiting for them to process my withdrawal request. They send me an email, saying I am an abusive trader. WHAT!!! The above doesn't look very promising. I haven't accepted any bonuses for my account. The withdrawal amount is roughly 1000$ to my credit card, the same way I have deposited the sum. At this point, I can only wait for 10 business days, i suppose :-( I am slowly loosing hope. Looks like a ponzi pyramid scheme, where they are either waiting for new client money to pay old client's money (OR) they are short of cash altogether and delaying bankruptcy.

Exposure

2021-09-11

P. Suryakant Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.31, Software Index 4.00 Risk Control Index 0.00.
P. Suryakant