ThincRedBlu foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://amrutleela.com/, about the company's legal and temporary regulatory information, the company's address Office No.709, 7th Floor, Surya House Building, Opp.R.N.Gandhi Road, Next to Vidyavihar Station, Vidyavihar (East), Mumbai 40077..
Thincredblu, officially known as Thincredblu Securities Pvt. Ltd., was established in 2006. The company is headquartered in Mumbai, Maharashtra, India, and operates as a private entity. Thincredblu primarily serves the retail trading market, catering to individual traders and investors looking for efficient trading solutions.
Over the years, Thincredblu has made significant strides in the financial services industry, transforming from a family-run agricultural wholesale business into a cutting-edge brokerage firm. The transition began in 2007, marking the company's entry into the stock and commodity broking industry. Thincredblu has identified and addressed gaps in the market, particularly focusing on aligning financial products with the evolving needs of modern traders.
As a community-driven broker, Thincredblu emphasizes a community-first approach, with over 5,000 active members across various channels. The firm prides itself on providing best-in-class trade execution, competitive pricing, and robust customer support. The business model of Thincredblu encompasses retail forex trading, equity trading, and access to various financial instruments, making it a comprehensive platform for traders.
Thincredblu operates under the oversight of several regulatory bodies to ensure compliance and protect investor interests. The primary regulatory authority is the Securities and Exchange Board of India (SEBI), which governs the securities market in India. Thincredblu holds the following regulatory numbers:
The firm's licenses are valid for conducting various trading activities, including forex and commodities. Thincredblu maintains separate legal entities for different regions, ensuring compliance with local laws and regulations.
One of the key features of Thincredblu's compliance framework is its client funds segregation policy, which ensures that client funds are kept separate from the company's operational funds. This practice is crucial in safeguarding investor assets. Furthermore, the broker participates in investor compensation schemes, providing an additional layer of security for clients.
Thincredblu adheres to stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, requiring clients to provide identification and financial information to prevent illicit activities. These measures are in place to protect both the broker and its clients.
Thincredblu offers a diverse range of trading products, catering to various market segments. The broker provides access to numerous forex currency pairs, including major, minor, and exotic pairs, allowing traders to engage in global currency markets.
In addition to forex, Thincredblu also offers Contracts for Difference (CFDs) across multiple asset classes, including:
The firm continually updates its product offerings to keep pace with market trends, ensuring that clients have access to the latest trading opportunities. Thincredblu's retail trading services are designed for individual traders, while the firm also provides institutional services, including white-label solutions for other financial entities.
Thincredblu supports MetaTrader 4 (MT4), a popular trading platform known for its user-friendly interface and advanced analytical tools. In addition, the broker has developed its proprietary platform, known as Sky, which offers a seamless trading experience across various devices.
The Sky trading platform is designed to be lightweight, fast, and efficient, providing traders with essential tools for analysis and execution. It features advanced charting capabilities, trade recommendations, and a clean user interface, making it suitable for both novice and experienced traders.
Thincredblu also offers a web-based trading platform and mobile applications available for both iOS and Android users. This flexibility allows traders to access their accounts and manage trades on the go, enhancing the overall trading experience.
The broker operates on an ECN (Electronic Communication Network) model, ensuring direct market access and competitive spreads. Thincredblu's technical infrastructure is robust, with servers located in strategic financial hubs to ensure low latency and high reliability. The broker also supports API access for automated trading, catering to algorithmic traders.
Thincredblu offers a variety of account types to meet the diverse needs of its clients. The standard account requires a minimum deposit of ₹1,000, with competitive spreads starting from 0.5 pips and a flat commission of ₹20 per executed order.
For advanced traders, Thincredblu provides premium account types, including VIP and professional accounts, which come with enhanced features such as lower spreads and higher leverage options. The broker also offers Islamic accounts for clients who require Sharia-compliant trading solutions.
Thincredblu has a demo account policy, allowing traders to practice their strategies without risking real money. The leverage offered by the broker ranges from 2x to 12x, depending on the asset class and account type. The minimum trade size is set at 0.01 lots, making it accessible for traders with varying capital levels.
Regarding overnight fees, Thincredblu charges a swap rate applicable to positions held overnight, which varies based on the asset class and market conditions.
Thincredblu supports a range of funding methods to facilitate easy deposits and withdrawals. Clients can choose from the following options:
The minimum deposit requirement varies by account type, with the standard account requiring a minimum of ₹1,000. Deposits are typically processed within 1-3 business days, depending on the method chosen.
Thincredblu does not charge any deposit fees, making it cost-effective for traders to fund their accounts. Withdrawals can be made through similar methods, with processing times generally ranging from 1-5 business days. The broker has a transparent fee structure, with minimal withdrawal fees applied.
Thincredblu prides itself on offering excellent customer support through various channels, including:
The support team is available during business hours, with multilingual support provided to cater to a diverse clientele.
In addition to customer support, Thincredblu offers a wealth of educational resources, including:
These resources aim to enhance traders' knowledge and skills, helping them make informed trading decisions. The broker also provides market analysis services, including daily reports and research updates, to keep clients informed about market trends.
Thincredblu primarily serves clients in India and aims to expand its reach to other regions in the Asia-Pacific area. The broker has established regional offices to support its growing customer base.
However, Thincredblu does not accept clients from certain countries, including those with strict financial regulations or where the broker is not licensed to operate. Specific restrictions may apply based on local laws and regulations, ensuring compliance with international standards.
In conclusion, Thincredblu has positioned itself as a leading broker in the Indian market, offering a comprehensive range of trading products and services. With a strong focus on community engagement and customer satisfaction, the thincredblu broker continues to empower traders and facilitate their journey in the financial markets.
FX1329235076
Egypt
According to my friends in India, this company is a legit one, although I cannot find its regulatory license. However, I found that customer service here is professional, truly. Besides, they don’t requirement a high amount to start, which is good.
Positive
2023-03-06