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SHARE MART foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.sharemart.co.in, about the company's legal and temporary regulatory information, the company's address 70, Sampatrao Colony, Opp. Masonic Hall, Productivity Road, Vadodara - 390 007 Gujarat India.

SHARE MART Forex Broker

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Company profile

SHARE MART Review SummaryFounded1991Registered Country/RegionIndiaRegulationNo regulationProducts Equities, Commodities, Derivatives, Insurance, Mutual Funds, IPOsTrading PlatformProprietary platformCustomer SupportPhone: 0265 - 2354075Email: customercare@marketcreators.netAddress: “Creative Castle” 70, Sampatrao Colony, Opp. Masonic Hall, Productivity Road, Vadodara - 390 007 Gujarat IndiaSHARE MART Information SHARE MART is an Indian financial services firm founded in 1991. It provides a variety of products, including Equities, Commodities, Derivatives, Insurance, Mutual Funds and IPOs. However, SHARE MART has no regulations now.Pros and ConsPros Cons A fairly long-standing historyNo regulationVarious trading productsUnclear fee structureNo MT4/MT5No info on deposit and withdrawalIs SHARE MART Legit? No. SHARE MART has no regulations currently. Please be aware of the risk!Products SHARE MART provides a variety of products, including Equities, Commodities, Derivatives, Insurance, Mutual Funds, IPOs.Products Supported Equities✔Derivatives ✔Commodities✔Mutual Funds✔IPOs✔Insurance✔Forex❌Indices❌Cryptocurrencies❌Bonds❌Options❌ETFs❌Trading PlatformTrading PlatformSupported Available Devices Suitable forProprietary platform✔Web/MT4❌/BeginnersMT5❌/Experienced traders

SHARE MART broker review

Is SHARE MART safe or scam

How to login to SHARE MART?

SHARE MART Similar Brokers

Pros

Competitive spreads and low trading fees

User-friendly trading platform with advanced tools

Strong customer support and educational resources

Cons

Limited range of trading instruments compared to larger brokers

Withdrawal fees can be high

Regulatory concerns in certain jurisdictions

Basic Information

Registered Region

India

Operating Period

Company Name

Market Creators Ltd.

Abbreviation

SHARE MART

Company employee

Customer Service Email Address

customercare@marketcreators.net

Contact Number

+9102652354075

Company Website

https://www.sharemart.co.in

Company Address

70, Sampatrao Colony, Opp. Masonic Hall, Productivity Road, Vadodara - 390 007 Gujarat India

How to login to SHARE MART?

Share Mart Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Share Mart Account To begin your journey with Share Mart, the first step is to complete the registration process. This involves creating an account that will allow you to access various trading features and tools. Follow these detailed steps to register successfully: Accessing the Registration Page Navigate to the official Share Mart website or mobile app. Look for the “Sign Up” or “Register” button prominently displayed on the homepage. Click on this button to proceed to the registration page. Filling in Required Information You will be prompted to enter essential information, including your name, email address, mobile number, and PAN (Permanent Account Number) details. Ensure that all information entered is accurate to avoid any issues later on. Email/Phone Verification After submitting your details, you will receive a verification code via email or SMS. Enter this code in the designated field to verify your email address or phone number. This step is crucial for maintaining account security. Identity Verification (if required) Depending on regulatory requirements, you may need to provide additional identification. This could include uploading a scanned copy of your PAN card or Aadhaar card. Follow the prompts to complete this step if necessary. Registration Confirmation Once all the information is verified, you will receive a confirmation message indicating that your Share Mart account has been successfully registered. You may also receive an email confirming your account details. Common Registration Issues and Solutions Issue: Verification code not received. Solution: Check your spam folder or ensure that the mobile number/email entered is correct. Request a new code if necessary. Issue: Errors in information submission. Solution: Double-check all entered details for accuracy before submission. If errors occur, you may need to restart the registration process. Regional Differences in Registration While the registration process is generally uniform across regions, specific documentation requirements may vary based on local regulations. Ensure you are aware of any additional requirements in your region. Part Two: Share Mart Account Opening Detailed Guide Understanding the Difference Between Registration and Account Opening Registration is merely the first step to accessing Share Mart's platform, while account opening involves the creation of a trading account that allows you to execute trades. This section outlines the detailed steps for opening your Share Mart account. Preparation Work Before Account Opening Before you initiate the account opening process, ensure you have the following documents ready: PAN card Aadhaar card Bank account details (including IFSC code) A recent photograph (for KYC purposes) Detailed Account Opening Steps Selecting Account Type After registration, log in to your Share Mart account and select the type of account you wish to open, such as a trading account, demat account, or a combination of both. Submitting Required Documents Upload the necessary documents as prompted. This usually includes your PAN card, Aadhaar card, and bank details. Ensure that the documents are clear and legible to avoid delays. Account Review Process Once documents are submitted, Share Mart will review your application. This may take anywhere from a few hours to a couple of days, depending on the volume of applications being processed. Account Activation After your application is approved, you will receive an email confirming that your account is activated. This email will include your account details and any additional instructions. Initial Setup Log in to your account and complete any remaining setup steps, such as setting up your trading preferences and linking your bank account for fund transfers. Frequently Asked Questions About Account Opening How long does it take to open an account？ Typically, the account opening process can take anywhere from a few hours to three working days, depending on document verification. What if my account is not activated？ If your account is not activated within the expected timeframe, contact Share Mart's customer support for assistance. Next Steps After Opening an Account Once your account is activated, familiarize yourself with the platform. Explore trading tools, set up your watchlist, and review educational resources available on the Share Mart platform. Part Three: Share Mart Login Process Explained Basic Web Login Process To access your Share Mart account, follow these simple steps: Visit the Share Mart Website Open your web browser and type in the URL for the Share Mart platform. Locate the Login Section On the homepage, find the “Login” button, typically located at the top right corner of the page. Enter Your Credentials Input your registered email address and password in the designated fields. Two-Factor Authentication (if enabled) If you have enabled two-factor authentication, you will receive a verification code on your mobile device. Enter this code to proceed. Click on Login Once all information is entered correctly, click the “Login” button to access your account. Mobile App Login Process For mobile app users, the login process is similar: Open the Share Mart app. Tap on the “Login” button. Enter your credentials and follow any additional verification steps as required. Common Login Issues and Solutions Forgotten Password If you forget your password, click on the “Forgot Password？” link and follow the instructions to reset it. Account Lockout If your account is locked after multiple failed login attempts, contact customer support for assistance in unlocking your account. Technical Issues Ensure your internet connection is stable. If problems persist, try clearing your browser cache or reinstalling the app. Special Instructions for First-Time Login For first-time users, it is advisable to change your password immediately after logging in for the first time to enhance security. Additionally, review the platform features to familiarize yourself with available tools. Overview of Features After Login Once logged in, you will have access to various trading tools, market analysis, and educational resources. Make use of these features to improve your trading experience. Additional Sections Account Security Recommendations To ensure the security of your Share Mart account: Use a strong, unique password. Enable two-factor authentication. Regularly update your security settings. Best Practices for Account Management Regularly monitor your account activity. Keep your personal information up to date. Utilize the educational resources provided by Share Mart to enhance your trading skills. How to Get Technical Support For any technical issues or inquiries, reach out to Share Mart's customer support through their help center, email, or by calling their support hotline. They are equipped to assist you with any challenges you may face. This comprehensive guide should equip you with all the necessary steps and insights to successfully register, open, and log in to your Share Mart account. Whether you are a beginner or an experienced trader, following these guidelines will help streamline your experience on the platform.

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1. Broker Overview

Share Mart is a forex brokerage firm established in 1991. The company is headquartered in Vadodara, Gujarat, India, located at 70, Sampatrao Colony, Opp. Masonic Hall, Productivity Road, Vadodara – 390 007. Share Mart operates as a private entity and serves a diverse clientele, primarily focusing on retail traders and individual investors looking to participate in forex and CFD trading.

The development of Share Mart has been marked by several key milestones since its inception. The company has aimed to provide a variety of trading services, although it is noted that it is not yet properly regulated within the forex and CFD industry. Despite this, Share Mart has established a significant presence in the market, offering clients access to various financial instruments, including forex, commodities, and indices.

As a forex brokerage, Share Mart primarily operates in the retail forex market, providing trading solutions for individual investors. The firm aims to facilitate a seamless trading experience, although it lacks the regulatory backing that many other brokers possess. This aspect is crucial for potential clients to consider when choosing a broker.

2. Regulation and Compliance Information

Share Mart is currently operating as an unregulated broker, which raises certain concerns regarding the safety and security of client funds. The absence of proper regulation means that there is no oversight from recognized financial authorities, which can lead to potential risks for traders.

The primary regulatory bodies that oversee forex trading in India include the Securities and Exchange Board of India (SEBI), which is responsible for regulating the securities market, and the Reserve Bank of India (RBI), which governs the broader financial landscape. However, Share Mart does not have any valid licenses from these authorities.

Given its unregulated status, Share Mart does not provide client fund protection measures that are typically offered by regulated brokers, such as segregation of client funds or participation in investor compensation schemes. The lack of a Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance framework further complicates its operational legitimacy.

3. Trading Products and Services

Share Mart offers a variety of trading products, primarily focusing on the forex market. The brokerage provides access to a range of currency pairs, although specific numbers and major pairs are not detailed in the available information. In addition to forex trading, Share Mart also offers Contracts for Difference (CFDs) across various asset classes, including:

Indices
Commodities
Stocks
Cryptocurrencies

The firm is noted for its flexibility in product offerings, although it is unclear how frequently these products are updated or if new trading instruments are regularly introduced.

For retail traders, Share Mart provides basic trading services, while institutional services may not be as robust due to its current regulatory standing. The absence of white-label solutions and asset management services indicates a more limited scope of offerings compared to larger, regulated firms.

4. Trading Platforms and Technology

Share Mart does not support MetaTrader 4 or MetaTrader 5, which are the industry standards for forex trading platforms. Instead, the broker relies on its proprietary trading platform, details of which are not extensively provided in the available information.

The brokerage offers a web-based trading platform, allowing clients to trade directly from their browsers without the need for downloads. Additionally, mobile trading applications for both iOS and Android devices are expected but are not explicitly confirmed.

In terms of execution models, Share Mart's specifics regarding ECN, STP, or Market Making are not clearly outlined. The technology infrastructure, including server locations and trading technology, remains unspecified, which could impact the overall trading experience.

API integration for automated trading is also not mentioned, limiting the options for algorithmic traders who seek to implement advanced trading strategies.

5. Account Types and Trading Conditions

Share Mart provides various account types, although specific details on each type are limited. The standard account conditions include:

Minimum Deposit: Specific figures are not disclosed.
Spreads: The spread structure remains unspecified, which is crucial for traders to understand their potential costs.
Commissions: Information regarding commission rates is not available.

Advanced account types, such as VIP or professional accounts, are not mentioned, indicating that Share Mart may cater primarily to retail clients. The availability of Islamic accounts and corporate accounts is also not detailed.

The broker's demo account policy allows potential clients to practice trading, although the specifics are not provided. Leverage ratios and minimum trade sizes are also not specified, which are critical factors for traders when assessing risk.

6. Fund Management

Share Mart supports various deposit methods, including traditional options like bank transfers, credit cards, and potentially e-wallets, although specific payment options are not detailed. The minimum deposit requirements vary by account type but are not explicitly stated.

The processing times for deposits and any applicable fees are not provided, which can affect a trader's decision-making process.

Withdrawal methods are also unspecified, including any potential limitations or processing times associated with withdrawing funds. The absence of detailed information regarding withdrawal fees adds to the uncertainty for potential clients.

7. Customer Support and Educational Resources

Share Mart offers customer support through various channels, including:

Phone
Email
Online chat
Social media

The service hours and time zone coverage are not specified, which could impact accessibility for international clients. The availability of multilingual support is also not mentioned.

Educational resources provided by Share Mart include basic materials such as webinars, tutorials, and possibly eBooks, although specific offerings are not detailed. Market analysis services, including daily analyses, news updates, and research reports, remain unspecified.

Trading tools, such as calculators and calendars, are not mentioned, which could limit the resources available to traders for making informed decisions.

8. Regional Coverage and Restrictions

Share Mart primarily serves the Indian market, with its operations centered in India. The brokerage may have regional offices, but specific locations are not provided.

Certain countries or regions may be restricted from accessing Share Mart's services, although the specific jurisdictions are not disclosed. Special limitations regarding the availability of services to clients from particular countries are not mentioned.

In summary, while Share Mart offers various trading services, its unregulated status and lack of detailed information in multiple areas may pose risks for potential clients. As such, traders should exercise caution and conduct thorough research before engaging with this broker.

In conclusion, Share Mart serves as a forex broker that provides access to various financial products but lacks the regulatory oversight that many traders might prefer. The overall trading experience, including the platform, support, and product offerings, requires careful consideration before proceeding.

SHARE MART Forex Broker has an overall rating of 1.57, Regulatory Index 0.00, License Index 0.00, Business Index 7.47, Software Index 4.00 Risk Control Index 0.00.

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