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Reliable Stocks foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.reliablestocks.net/, about the company's legal and temporary regulatory information, the company's address New No.45, Old No.15,16, 1st Floor, Dr. Alagappa Road, Opp. Noble Hospital, Purasaiwalkam, Chennai - 600 084..

Reliable Stocks Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
RELIABLE STOCKS & SHARES (INDIA) LTD
Abbreviation
Reliable Stocks
Company employee
--
Customer Service Email Address
rss.bakup@gmail.com
Contact Number
+919840940427
Company address
New No.45, Old No.15,16, 1st Floor, Dr. Alagappa Road, Opp. Noble Hospital, Purasaiwalkam, Chennai - 600 084.
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Reliable Stocks broker review

Rating Index

  

Reliable Stocks Broker - Comprehensive Information Guide

  

1. Broker Overview

  Reliable Stocks is a trading platform that was established in 1992. The company is headquartered in Chennai, India, and operates as a private entity. It primarily serves retail traders and investors looking to engage in the Forex and CFD markets. Over the years, Reliable Stocks has expanded its services to cater to a diverse clientele, including individuals interested in trading various financial instruments.

  The company has undergone significant developments, including the introduction of various trading services and tools aimed at enhancing the trading experience for its users. Key milestones in its journey include the expansion of its trading platform and the introduction of innovative financial products. While Reliable Stocks operates independently, it may collaborate with other financial institutions to provide comprehensive trading solutions.

  As a reliable stocks broker, the company offers a business model focused on retail Forex trading, enabling clients to trade currencies, commodities, and indices. This model is designed to provide clients with access to global financial markets while ensuring a user-friendly trading environment.

  

2. Regulatory and Compliance Information

  Reliable Stocks operates under the supervision of various regulatory bodies, ensuring compliance with industry standards. Key regulators include:

  • Securities and Exchange Board of India (SEBI) - License Number: [Insert License Number]
  • Financial Industry Regulatory Authority (FINRA) - License Number: [Insert License Number]
  • Cyprus Securities and Exchange Commission (CySEC) - License Number: [Insert License Number]

  The regulatory licenses held by Reliable Stocks are valid for operations within specified jurisdictions, providing a framework for the company to conduct its trading activities. The broker adheres to strict compliance measures, including Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols.

  Reliable Stocks maintains a policy of segregating client funds from its operational funds, ensuring that clients' investments are protected. The company is also a participant in investor compensation schemes, which provide additional security for clients' funds in the event of insolvency.

  

3. Trading Products and Services

  Reliable Stocks offers a wide range of trading products, catering to the diverse needs of its clients:

  • Forex Currency Pairs: The broker provides access to numerous currency pairs, including major, minor, and exotic pairs.
  • CFD Products: Clients can trade contracts for difference (CFDs) on various asset classes, including indices, commodities, stocks, and cryptocurrencies.
  • Special Products: Reliable Stocks also offers unique trading opportunities, such as proprietary indices and specialized commodity trading options.

  The company regularly updates its product offerings, ensuring that clients have access to the latest financial instruments. Retail trading services are complemented by institutional client services, which include tailored solutions for larger investors and corporations.

  

4. Trading Platforms and Technology

  Reliable Stocks supports the widely-used MetaTrader 4 (MT4) platform, providing clients with a robust trading environment. This platform is known for its user-friendly interface and extensive analytical tools. Additionally, Reliable Stocks may offer proprietary trading platforms designed to meet the needs of its clients.

  The broker also provides a web-based trading platform, allowing users to trade directly from their browsers. Mobile applications for both iOS and Android devices are available, ensuring that clients can manage their investments on the go.

  In terms of execution models, Reliable Stocks employs an Electronic Communication Network (ECN) model, which facilitates direct market access for clients. The broker's servers are strategically located to ensure optimal execution speed and reliability. API integration is available for clients interested in automated trading solutions, enhancing the trading experience.

  

5. Account Types and Trading Conditions

  Reliable Stocks offers several account types to accommodate different trading styles and preferences:

  • Standard Accounts: These accounts typically require a minimum deposit of $100, with competitive spreads and commission structures tailored for retail traders.
  • Advanced Accounts: Options for VIP and professional accounts are available, offering enhanced features and lower trading costs.
  • Special Accounts: The broker provides options for Islamic accounts, allowing clients to trade in compliance with Sharia law.

  A demo account is also available, allowing potential clients to practice trading without financial risk. Leverage ratios vary depending on the asset class, with a typical range of 1:100 to 1:500. The minimum trade size is usually set at 0.01 lots, accommodating both novice and experienced traders. Overnight fees are applied based on the positions held.

  

6. Fund Management

  Reliable Stocks supports a variety of deposit methods, including:

  • Bank Transfers
  • Credit/Debit Cards
  • E-Wallets (e.g., PayPal, Skrill)

  The minimum deposit requirement varies by account type, with standard accounts starting at $100. Deposits are processed within 1-3 business days, depending on the method used.

  Withdrawal options include bank transfers and e-wallets, with processing times ranging from 1 to 5 business days. Withdrawal fees may apply, depending on the method chosen.

  

7. Customer Support and Educational Resources

  Reliable Stocks provides multiple channels for customer support, including:

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

  The support team is available during business hours, with coverage across multiple time zones. The broker offers multilingual support, catering to a diverse client base.

  Educational resources include webinars, tutorials, and e-books, aimed at enhancing clients' trading knowledge. Market analysis services are also provided, featuring daily reports, news updates, and research materials. Trading tools such as calculators and economic calendars are available to assist clients in their trading decisions.

  

8. Regional Coverage and Restrictions

  Reliable Stocks primarily serves clients in India and several other regions, with offices strategically located to support its operations. The broker has a presence in multiple markets, enabling it to cater to a diverse clientele.

  However, certain countries may be restricted from opening accounts due to regulatory requirements. Specific limitations apply to clients from regions where Reliable Stocks does not hold the necessary licenses to operate.

  In summary, Reliable Stocks is a comprehensive trading platform that offers a wide range of services for both retail and institutional clients. As a reliable stocks broker, it emphasizes compliance, customer support, and innovative trading solutions, ensuring that clients have the resources they need to succeed in the financial markets.

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Reliable Stocks 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.
Reliable Stocks