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 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.
Prithvi Finmart operates under the oversight of several regulatory authorities, ensuring compliance with industry standards and safeguarding investor interests. The primary regulatory bodies include:
Prithvi Finmart holds multiple registration numbers with these regulatory bodies, including:
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.
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:
In addition to forex trading, Prithvi Finmart also offers Contracts for Difference (CFDs) across various asset classes, including:
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.
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.
Prithvi Finmart offers a variety of account types to meet the diverse needs of its clients. The standard account conditions include:
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.
Prithvi Finmart provides a variety of funding options to facilitate deposits and withdrawals. The supported deposit methods include:
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.
Prithvi Finmart prides itself on providing excellent customer support. Clients can reach the support team through various channels, including:
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:
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.
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.