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PRITHVI foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://prithvifinmart.com/#/home, about the company's legal and temporary regulatory information, the company's address A1502 15th Floor O2 commercial Premises, P Asha Nagar, Block Sector Mulund West Mumbai – 400080.

PRITHVI Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
Prithvi Finmart Pvt.Ltd
Abbreviation
PRITHVI
Company employee
--
Customer Service Email Address
prithvi@prithvifinmart.com
Contact Number
+9102261404444
Company Address
A1502 15th Floor O2 commercial Premises, P Asha Nagar, Block Sector Mulund West Mumbai – 400080
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

PRITHVI Review Summary in 6 Points Founded 2004 Registered Country/Region India Regulation Unregulated Market Instruments & Services EQUITY MARKET, INITIAL PUBLIC OFFERING (IPO), MUTUAL FUNDS, DERIVATIVES, COMMODITY MARKET, CURRENCY MARKET, PORTFOLIO MANAGEMENT SERVICE (PMS), NON BANKING FINANCIAL COMPANY (NBFC) Trading Platform Prithvi Pot Customer Support Phone, email, address, fax, contact us form What is PRITHVI? PRITHVI, an international financial company headquartered in the India, provides a broad selection of financial instruments and services to its traders. These include trading in EQUITY MARKET, MUTUAL FUNDS, DERIVATIVES, COMMODITY MARKET, CURRENCY MARKET and services such as INITIAL PUBLIC OFFERING (IPO), PORTFOLIO MANAGEMENT SERVICE (PMS) andNON BANKING FINANCIAL COMPANY (NBFC). It currently operates without valid regulatory oversight, which raises concerns about its legitimacy and liability. In our upcoming article, we will present a comprehensive and well-structured evaluation of the broker's services and offerings. We encourage interested readers to delve further into the article for valuable insights. In conclusion, we will provide a concise summary that highlights the distinct characteristics of the broker for a clear understanding. Pros & Cons Pros Cons • Wide range of products and services • Unregulated • No MT4/5 trading platforms Pros: Wide Range of Products and Services: Prithvi offers a diverse array of products and services, providing investors with various options to meet their financial goals. This includes access to different asset classes such as equities, mutual funds, derivatives, commodities, and currencies, as well as services like Initial Public Offerings (IPOs), Portfolio Management Services (PMS), and Non-Banking Financial Company (NBFC) offerings. The availability of a wide range of products enables traders to create diversified portfolios and explore different investment opportunities. Cons: Unregulated: A significant concern with Prithvi is its lack of regulation. Operating without regulatory oversight can pose risks for investors, as there are no external authorities ensuring compliance with industry standards or protecting client interests. No MT4/5 Trading Platforms: Another drawback of Prithvi is the absence of MetaTrader 4 (MT4) or MetaTrader 5 (MT5) trading platforms. These platforms are widely used and preferred by many traders for their advanced charting tools, technical analysis capabilities, and automated trading features. The lack of MT4/5 platforms limits the options available to traders and potentially hinder their trading experience. Is PRITHVI Safe or Scam? When considering the safety of a brokerage like PRITHVI or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage: Regulatory sight: Currently, this broker operates without any legitimate regulatory oversight, raising concerns about transparency and accountability. User feedback: For a more comprehensive understanding of the broker, it's recommended that traders read reviews and feedback from current clients. These user-experiences and shared insights can be explored on trustworthy websites and discussion forums. Security measures: Prithvi implements stringent security measures including a comprehensive privacy policy, Know Your Customer (KYC) procedures to safeguard user data, ensuring confidentiality, compliance, and protection against unauthorized access. In the end, choosing whether or not to engage in trading with PRITHVI is an individual decision. It is advised that you carefully balance the risks and returns before committing to any actual trading activities. Market Instruments & Services Prithvi provides a comprehensive array of market instruments and services tailored to investors' needs across various segments. In the equity , mutual funds, derivatives, commodity market, and currency market, Prithvi offers extensive trading opportunities, allowing investors to diversify their portfolios and capitalize on market trends across different asset classes. Moreover, Prithvi facilitates Initial Public Offerings (IPOs), enabling investors to access new investment opportunities in the primary market. The Portfolio Management Services (PMS) offered by Prithvi provide personalized investment strategies and management for clients seeking professional asset management solutions. As a Non-Banking Financial Company (NBFC), Prithvi extends financial services beyond traditional banking, including lending, investment, and wealth management, offering a comprehensive suite of offerings to meet diverse financial needs and objectives effectively. How to Open an Account? To open an account with PRITHVI, you have to follow below steps: Visit the PRITHVI website, locate and click on the 'OPEN AN ACCOUNT' on the mainpage. Fill in the necessary personal details required. Complete any verification process for security purposes. Once your account has been approved, you can set up your investment preferences and start trading. Trading Platforms Prithvi's trading platform, Prithvi Pot, is accessible on both iOS and Android devices, allowing users to engage in trading activities conveniently. The platform offers access to various asset classes, including equities, mutual funds, derivatives, commodities, and currencies, providing traders with a diverse range of investment opportunities. With real-time market data and user-friendly interfaces, Prithvi Pot enables investors to make informed trading decisions and manage their portfolios efficiently. Customer Service PRITHVI offers a range of customer service channels for trader support, including phone, fax and email assistance, physical addresses for inquiries and a convenient contact us form on their website. This multi-channel approach ensures timely and accessible support for traders' queries and concerns. Corporate Office: A1502 15th Floor, O2 commercial Premises, Asha Nagar, Block Sector Mulund West, umbai – 400080. Telephone: +91 22 6140 4444. Fax: +91 22 6140 4427. Email: prithvi@prithvifinmart.com Complaint Grievance: compliance@prithvifinmart.com;compliance@prithvifinlease.com. For more details regarding escalation matrix, you can visit https://prithvifinmart.com/#/Contact-Us. Conclusion In summary, PRITHVI is an online financial firm headquartered in India, offering a wide range of trading instruments and services including EQUITY MARKET, INITIAL PUBLIC OFFERING (IPO), MUTUAL FUNDS, DERIVATIVES, COMMODITY MARKET, CURRENCY MARKET, PORTFOLIO MANAGEMENT SERVICE (PMS), NON BANKING FINANCIAL COMPANY (NBFC). However, it's crucial to note that PRITHVI currently operates without valid regulations, raising concerns about its accountability and commitment to client safety. Therefore, you should be cautious when deciding to trade with this broker and consider alternative brokers with established regulatory oversight to mitigate potential risks. Frequently Asked Questions (FAQs) Q 1: Is PRITHVI regulated? A 1: No, its been confirmed that the broker is currently under no valid regulation. Q 2: Is PRITHVI a good broker for beginners? A 2: No, it is not a good broker because its not regulated by any authorities. Q 3: Does PRITHVI offer the industry leading MT4 & MT5? A 3: No. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

Pros

Wide range of products and services, including equities, mutual funds, derivatives, and commodities.
Accessible trading platform available on mobile devices, allowing for convenient trading.
Customer support available through multiple channels, including phone, email, and a contact form.

Cons

Lacks valid regulatory oversight, raising concerns about safety and accountability.
Absence of popular trading platforms like MetaTrader 4 or 5, limiting advanced trading features.
Potentially high risks associated with trading due to the unregulated nature of the broker.
How to login to PRITHVI?
LegacyFX 2025 In-Depth Review: Opportunity or Trap? Executive Summary LegacyFX is a regulated broker established since 2017, offering users access to a diverse range of financial markets including forex, commodities, stocks, indices, and cryptocurrencies via the popular MT5 trading platform. Targeti

Prithvi Forex Broker - Complete Information Guide

1. Broker Overview

Prithvi Finmart Pvt Ltd, established on October 21, 2008, is a prominent player in the Indian financial services sector. The company is headquartered in Mumbai, India, with a significant operational presence in Kozhikode, where it operates a branch at Mankavu, Mini Bypass Road. As a private limited company, Prithvi Finmart caters primarily to retail and institutional clients, offering a range of investment and trading services.

Over the years, Prithvi Finmart has developed a robust reputation for its commitment to delivering exceptional financial advisory services and innovative trading solutions. The company's journey began with a focus on stock broking, and it has since expanded its offerings to include asset management and investment advisory services. One of the key milestones in its development was the establishment of a comprehensive network of over 500 investment centers across India, staffed by highly qualified professionals dedicated to serving clients.

Prithvi Finmart is part of the Prithvi Group, which has diversified interests in various sectors, including finance and real estate. The business model of Prithvi Finmart encompasses retail forex trading, institutional services, and asset management, positioning it as a versatile broker in the financial market.

2. Regulatory and Compliance Information

Prithvi Finmart operates under the oversight of several regulatory authorities, ensuring compliance with industry standards and safeguarding investor interests. The primary regulatory bodies include:

  • Securities and Exchange Board of India (SEBI)
  • National Stock Exchange (NSE)
  • Bombay Stock Exchange (BSE)
  • Multi Commodity Exchange (MCX)
  • National Commodity and Derivatives Exchange (NCDEX)

Prithvi Finmart holds multiple registration numbers with these regulatory bodies, including:

  • SEBI Registration Number: INZ000211637
  • NSE Membership Codes: Cash & F&O – 14308, CDS – 13352
  • BSE Membership Code: 6401
  • MCX Membership Code: 56700
  • NCDEX Membership Code: 01283

These licenses are valid across various segments, including cash, futures & options, currency derivatives, and commodities. The company adheres to strict customer fund segregation policies, ensuring that client funds are held separately from the company's operational funds.

Prithvi Finmart is committed to investor protection and participates in compensation schemes as mandated by regulatory authorities. The firm implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures to enhance security and mitigate risks associated with financial transactions.

3. Trading Products and Services

Prithvi Finmart offers an extensive range of trading products to cater to diverse investor needs. The forex trading segment includes a variety of currency pairs, allowing clients to trade major, minor, and exotic currencies. The broker provides access to:

  • Forex Currency Pairs: A comprehensive selection of currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY.

In addition to forex trading, Prithvi Finmart also offers Contracts for Difference (CFDs) across various asset classes, including:

  • Indices: Major global indices such as Nifty 50, S&P 500, and Dow Jones.
  • Commodities: Trading in commodities like gold, silver, crude oil, and agricultural products.
  • Stocks: Access to a wide range of stocks listed on NSE and BSE.
  • Cryptocurrencies: Trading options for popular cryptocurrencies, enhancing the broker's product portfolio.

Prithvi Finmart is known for its innovative approach, frequently updating its product offerings to include new and trending assets. This responsiveness to market demands ensures that clients have access to a diverse range of investment opportunities.

The broker provides tailored services for both retail traders and institutional clients. Retail services include personal investment advice, while institutional services focus on facilitating larger trades and providing market insights. Additionally, Prithvi Finmart offers white-label solutions for businesses looking to enter the trading space and asset management services for clients seeking professional portfolio management.

4. Trading Platforms and Technology

Prithvi Finmart supports various trading platforms to cater to the needs of its clients. The broker provides access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), popular among forex traders for their user-friendly interfaces and advanced trading tools.

In addition to these platforms, Prithvi Finmart has developed its proprietary trading platform, which offers unique features tailored to enhance the trading experience. The web-based platform provides seamless access to market data, advanced charting tools, and a range of technical indicators.

For clients who prefer trading on the go, Prithvi Finmart offers mobile applications compatible with both iOS and Android devices. These applications enable users to manage their accounts, execute trades, and access market information from anywhere.

The broker employs an ECN (Electronic Communication Network) execution model, ensuring that clients receive competitive spreads and fast order execution. The technical infrastructure is robust, with servers located strategically to minimize latency and enhance trading performance. Prithvi Finmart also supports API access for automated trading, allowing tech-savvy clients to implement algorithmic trading strategies.

5. Account Types and Trading Conditions

Prithvi Finmart offers a variety of account types to meet the diverse needs of its clients. The standard account conditions include:

  • Minimum Deposit: Varies by account type.
  • Spreads: Competitive spreads starting from as low as 0.5 pips.
  • Commission: Applicable on specific account types.

In addition to standard accounts, Prithvi Finmart provides advanced account types such as VIP and professional accounts, which offer enhanced trading conditions, including lower spreads and higher leverage options.

The broker also caters to specific client needs with Islamic accounts, which comply with Sharia laws, and corporate accounts for businesses looking to trade in the forex market.

For traders looking to practice their skills, Prithvi Finmart offers a demo account that allows users to trade with virtual funds. The leverage offered varies by product, typically ranging from 1:50 to 1:200, depending on the asset class.

The minimum trade size is set at 0.01 lots, accommodating both novice and experienced traders. Additionally, the broker has a transparent overnight fee policy, ensuring clients are aware of any applicable fees for holding positions overnight.

6. Fund Management

Prithvi Finmart provides a variety of funding options to facilitate deposits and withdrawals. The supported deposit methods include:

  • Bank Transfers
  • Credit/Debit Cards
  • E-wallets such as Paytm and Google Pay

The minimum deposit requirement varies by account type, with standard accounts typically requiring a lower initial investment. Deposits are processed promptly, usually within 1-3 business days, depending on the method chosen.

Prithvi Finmart maintains transparency regarding deposit fees, with most methods being free of charge. Withdrawal options are also diverse, with clients able to withdraw funds via bank transfers, credit cards, and e-wallets. The withdrawal processing time is generally 2-5 business days, depending on the chosen method.

The broker implements a clear fee structure for withdrawals, ensuring clients are informed of any applicable charges. This commitment to transparency extends to all aspects of fund management, reinforcing Prithvi Finmart's dedication to client satisfaction.

7. Customer Support and Educational Resources

Prithvi Finmart prides itself on providing excellent customer support. Clients can reach the support team through various channels, including:

  • Phone Support
  • Email Support
  • Live Chat
  • Social Media Platforms

The customer support team operates during business hours, covering multiple time zones to assist clients effectively. Prithvi Finmart also offers multilingual support, catering to a diverse client base.

In addition to customer support, Prithvi Finmart provides a wealth of educational resources to empower traders. These resources include:

  • Webinars: Regularly scheduled webinars covering various trading topics and strategies.
  • Tutorials: Comprehensive tutorials on using trading platforms and understanding market dynamics.
  • E-books: Informative e-books on trading strategies and market analysis.

Market analysis services are also available, including daily market updates, news, and in-depth research reports. Clients have access to a variety of trading tools, including calculators, economic calendars, and signal services, enhancing their trading experience.

8. Regional Coverage and Restrictions

Prithvi Finmart primarily serves the Indian market, with a strong focus on retail and institutional clients across the country. The broker has established regional offices in major cities, including Mumbai and Kozhikode, to provide localized support and services.

While Prithvi Finmart aims to expand its reach, there are certain countries and regions from which it does not accept clients. These restrictions are primarily due to regulatory compliance issues and include countries with stringent financial regulations.

The broker is committed to adhering to all local laws and regulations, ensuring that its operations remain compliant and transparent. Specific limitations may apply based on the client's country of residence, and detailed information is provided during the account registration process.

In summary, Prithvi Finmart is a reputable forex broker that offers a comprehensive range of trading products and services, supported by a strong regulatory framework and a commitment to customer satisfaction. With a focus on innovation and client-centric solutions, Prithvi Finmart continues to be a preferred choice for traders in the Indian market.

This overview provides a detailed insight into the operations and offerings of Prithvi Finmart, positioning it as a reliable partner for investors looking to navigate the complexities of the financial markets.

PRITHVI 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.