Parker Derivatives Forex Broker

Parker Derivatives Review Summary Founded2017 Registered Country/RegionIndia RegulationNo regulation Market InstrumentsEquities, Derivatives, Commodities, Currencies Demo Account/ Leverage/ Spread/ Trading PlatformPARKER APP Minimum Deposit/ Customer SupportPhone: 079-35845594 Email: parkerderivatives@yahoo.comParker Derivatives Information Parker Derivatives (India) Pvt. Ltd. is a brokerage firm holding memberships in markets such as NSE, BSE, MCX, NCDEX, and CDSL. Its business covers equity trading, derivatives, commodities, currency (foreign exchange), and Demat services, making it suitable for investors focusing on the Indian market and seeking diversified investments.Pros and Cons Pros Cons Multiple trading instrumentsNo regulation Low Demat service costs (e.g., stamp duty exemption)Limited fee informationIs Parker Derivatives Legit? Parker Derivatives does not hold a regulatory license. Although it claims to be regulated by SEBI and holds memberships in mainstream exchanges such as NSE and BSE, there is no actual proof.What Can I Trade on Parker Derivatives? Tradable Instruments Supported Equities✔ Derivatives✔ Commodities✔ Currencies✔ Shares❌ ETFs❌ Bonds❌ Mutual Funds❌Trading Platform Trading PlatformSupported Available Devices Suitable for PARKER✔Mobile/ MT4❌/Beginners MT5❌/Experienced traders