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SRE foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.sre.co.in/open-an-account, about the company's legal and temporary regulatory information, the company's address 3rd Floor,Cama Building, Dalal Street, Fort , Mumbai - 400001.

SRE Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
SYKES & RAY EQUITIES (INDIA) LIMITED
Abbreviation
SRE
Company employee
--
Customer Service Email Address
info@sre.co.in
Contact Number
+9102261937300
Company Website
Company address
3rd Floor,Cama Building, Dalal Street, Fort , Mumbai - 400001
Keywords
5-10 years
Suspicious Regulatory License
High potential risk

Company profile

SRE Review Summary Founded1990 Registered Country/RegionIndia RegulationNo Regulation Trading ProductsStocks, Derivatives, Currencies, Equities, Mutual Funds, IPO, Bonds Demo Account❌ Leverage/ Spread/ Trading Platform/ Minimum Deposit/ Customer SupportContact form Phone: 022-61937300 Fax: 022 - 22650575 Email: info@sre.co.in Address: SYKES & RAY EQUITIES (I) LTD. 3rd Floor, Cama Building, Dalal Street, Fort, Mumbai - 400001 Established in 1990 and headquartered in Mumbai, India, SRE is an unregulated full-service brokerage firm offering stock broking, margin trading, depository services, derivatives, portfolio management, global equities investment (INX), mutual funds, currency trading, IPOs, NRI services, and more. However, there's limited info on key areas such as trading fees, platforms, etc.Pros and Cons Pros Cons A wide range of products and servicesNo regulation Diverse account typesLimited info on accounts Unclear trading fees No info on deposit and withdrawalIs SRE Legit? At present, SRE lacks valid regulation. Its domain was registered on May 31, 2003, and the current status is “client transfer prohibited”. Please pay high attention to the safety of your funds if you choose this broker.What Can I Trade on SRE? Trading ProductsSupported Stocks✔ Derivatives✔ Currencies✔ Equities✔ Mutual Funds✔ IPO✔ Bonds✔ Commodities❌ Indices❌ Cryptocurrencies❌ Options❌ ETFs❌

Rating Index

How to login to SRE?
sre Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a sre Account Registering for an sre account is the first step to accessing the platform's investment services. Heres a detailed guide on how to register: Step 1: Acc

  

Sre Forex Broker - Complete Information Guide

  

1. Broker Overview

  Sykes & Ray Equities (India) Ltd., commonly known as Sre, was established in 1990 and is headquartered at 3rd Floor, Cama Building, Dalal Street, Fort, Mumbai - 400001, India. This brokerage operates as a private entity, providing a wide range of trading services in the financial markets. The primary market served by Sre includes retail and institutional clients, focusing on individuals interested in forex trading, commodities, indices, and other financial instruments.

  Over the years, Sre has developed a reputation for its personalized services and commitment to client satisfaction. Despite its relatively recent entry into the forex and CFD industry, Sre has aimed to establish itself as a competitive player in the market. The company operates under a business model that emphasizes retail forex trading, offering various tools and resources to assist clients in their trading endeavors.

  As a Sre broker, the firm has made strides in providing access to numerous financial instruments, though it currently lacks proper regulatory oversight, which has raised concerns among potential clients. The absence of regulation has led to warnings from various financial review platforms advising traders to exercise caution when considering Sre for their trading activities.

  

2. Regulatory and Compliance Information

  Sre is classified as an unregulated broker, which means that it does not fall under the jurisdiction of any major regulatory authority. This lack of regulation poses significant risks for traders, as there is no governing body to oversee the broker's operations or ensure the safety of client funds.

  The absence of valid regulatory information has been highlighted by various sources, indicating that Sre does not hold any licenses from recognized financial authorities. This situation can lead to potential issues regarding the security of client funds and the overall reliability of the broker's services.

  Sre does not participate in any investor compensation schemes, which further exacerbates the risks for clients. The firm has not publicly disclosed its policies regarding the segregation of client funds, KYC (Know Your Customer), or AML (Anti-Money Laundering) compliance measures, leaving potential clients with little assurance regarding the safety of their investments.

  Given the current landscape, it is crucial for potential clients to thoroughly assess the risks associated with trading through an unregulated broker like Sre.

  

3. Trading Products and Services

  As a Sre broker, the firm offers a diverse range of trading products. Clients have access to a variety of forex currency pairs, including major, minor, and exotic pairs. The exact number of available currency pairs has not been specified, but Sre aims to provide a comprehensive selection to meet the needs of its clients.

  In addition to forex, Sre provides access to Contract for Difference (CFD) products across several categories, including indices, commodities, and stocks. This variety allows traders to diversify their portfolios and engage in different markets. However, details on any unique or exclusive trading products offered by Sre have not been disclosed, nor has there been mention of product updates or new additions to their offerings.

  The brokerage caters primarily to retail traders, providing services designed to support individual clients in their trading activities. While there is no specific mention of institutional services or white-label solutions, Sre seems focused on building relationships with retail clients through personalized support and guidance.

  

4. Trading Platforms and Technology

  Currently, Sre does not support the widely recognized MetaTrader 4 or MetaTrader 5 platforms, which are popular among traders for their user-friendly interfaces and extensive features. Instead, Sre may offer its proprietary trading platform, although specific details about this platform have not been provided.

  The brokerage's trading technology includes a web-based platform that allows for easy access to trading services. Additionally, Sre has indicated the availability of a mobile application, which is crucial for traders who prefer to manage their trades on-the-go. However, the specifics regarding the mobile app's functionality and compatibility with iOS or Android devices remain unclear.

  Sre operates under various execution models, but the precise nature of these models—whether they are ECN, STP, or Market Making—has not been detailed. Information on the broker's server locations and technological infrastructure is also lacking, making it difficult to assess the reliability and speed of trade executions.

  Moreover, Sre has not provided any information regarding API access or support for automated trading, which are essential features for more advanced traders looking to implement algorithmic trading strategies.

  

5. Account Types and Trading Conditions

  Sre offers standard account conditions, although specific details such as minimum deposit requirements, spreads, and commissions have not been disclosed. The brokerage appears to provide a straightforward account setup for traders, but potential clients should inquire directly with Sre for detailed account conditions.

  In addition to standard accounts, Sre may offer advanced account types, including VIP or professional accounts, but further information on these offerings is not available. The availability of Islamic accounts or corporate accounts has also not been mentioned.

  Sre provides a demo account for clients to practice trading without financial risk. However, the policies surrounding the demo account, such as its duration and features, have not been specified.

  Leverage ratios offered by Sre vary depending on the products traded, but exact figures have not been detailed. The minimum trade size and overnight fees are also areas where Sre has not provided sufficient information, making it essential for potential clients to seek clarification directly from the broker.

  

6. Fund Management

  Sre supports various deposit methods, including bank transfers, credit cards, and electronic wallets, although specific payment processors have not been mentioned. The minimum deposit requirements vary by account type but have not been clearly outlined.

  Processing times for deposits are generally expected to be quick, but Sre has not specified exact timeframes. Additionally, information regarding deposit fees has not been provided, leaving potential clients with uncertainties about the costs associated with funding their accounts.

  Withdrawal methods and limitations are also crucial for clients, but Sre has not disclosed this information. The processing times for withdrawals remain unclear, as well as any associated fees. This lack of transparency regarding fund management could be a significant factor for traders considering Sre as their broker.

  

7. Customer Support and Educational Resources

  Sre offers customer support through multiple channels, including phone, email, and potentially online chat, although the specifics of these services have not been fully detailed. The availability of support during specific hours and the time zones covered remain unclear, leaving clients unsure about when they can receive assistance.

  Multilingual support is essential for a diverse client base, but Sre has not disclosed the languages available for customer service. The brokerage appears to provide educational resources, including webinars, tutorials, and eBooks, but the extent and quality of these materials have not been specified.

  Market analysis services, such as daily analysis, news updates, and research reports, are crucial for traders, yet Sre has not elaborated on the types of market insights they provide. Additionally, the availability of trading tools, such as calculators, calendars, and signal services, has not been discussed.

  

8. Regional Coverage and Restrictions

  Sre primarily serves the Indian market, with its headquarters located in Mumbai. However, the specifics regarding the distribution of regional offices or any international presence have not been detailed.

  The brokerage does not accept clients from certain countries, but a list of these restricted regions has not been provided. Potential clients should verify their eligibility to open an account with Sre based on their location.

  In conclusion, while Sre offers a variety of trading services and products, the lack of regulatory oversight and transparency in many operational aspects raises concerns. Potential clients should conduct thorough research and consider the risks involved before engaging with Sre as their forex broker.

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SRE Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.30, Software Index 4.00 Risk Control Index 0.00.