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Vardhaman Capital foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.vardhamancapital.co.in/, about the company's legal and temporary regulatory information, the company's address 25 Swallow Lane, Wardley House, 2nd Floor, Kolkata, 700001 West Bengal, India.

Vardhaman Capital Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
Vardhaman Capital Pvt Ltd
Abbreviation
Vardhaman Capital
Company employee
--
Customer Service Email Address
info@vardhamancapital.net
Contact Number
+9103368202020
Company address
25 Swallow Lane, Wardley House, 2nd Floor, Kolkata, 700001 West Bengal, India
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Vardhaman Capital Review Summary Company Name Vardhaman Capital Pvt Ltd Registered Country/Region India Regulation No Regulation Products & Services Equity trading at NSE and BSE, Derivative trading at NSE and BSE, Distribution of mutual fund products, Distribution of IPO, RBI Bonds etc, Internet trading, Dedicated Equity research, Depository services(NSDL) Demo Account N/A Leverage N/A Spread N/A Commission N/A Trading Platforms Web Trading and Mobile App Available Minimum Deposit N/A Customer Support Tel: 033-68202050/58; Email: madan@vardhamancapital.net; Social Media: Facebook, Twitter, Instagram, Youtube What is Vardhaman Capital? Vardhaman Capital Pvt Ltd, based in India, is a financial company that is currently not operating under any disclosed regulatory body, providing users with various products and services. Pros & Cons Pros Cons Multiple Customer Support Channels Limited Information on Trading Conditions Various Products & Services Provided No Regulation Web Trading and Mobile App Available Lack of a Clear Guide on the Official Website Pros Multiple Customer Support Channels: Vardhaman Capital provides various customer service channels including telephone, email, social media, and a physical office address, offering flexibility and convenience to its clients. Various Products & Services Provided: Vardhaman Capital offers a wide range of financial services, from equity and derivative trading, to the distribution of mutual funds, IPOs, and RBI Bonds, inclusive of Internet trading and depository services. Web Trading and Mobile App Available: Vardhaman Capital allows users to engage in online trading via web trader and mobile app, which brings much convenience. Cons Limited Information on Trading Conditions: There is limited information on the specific trading conditions (like leverage, account types, spread, and fees) which could potentially hinder transparency and informed decision-making for potential clients. No Regulation: The company isn't regulated by any known financial authority, posing a significant risk to potential investors. Lack of a Clear Guide on the Official Website: The absence of straightforward and clear guides or instructions on the official website can make it difficult for potential clients to understand and use their services effectively. Is Vardhaman Capital Safe or Scam? Regulatory Sight: Vardhaman Capital Pvt Ltd does not operate under the oversight of any regulatory body according to the provided information. This absence of regulation means that there is a notable absence of financial safeguards and standards associated with regulated financial entities, posing potential risks to investors. User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums. Security Measures: So far we haven't found any information about the security measures for this broker. How to Open an Account? Choose the Method of Opening: Clients have the option to either visit the office or have the company visit their location to start the account opening process. There is also an option to open an account online via the NSDL Instigo platform. Gather Information: In a meeting with the clients, information is collected about their investment experience in the capital market, investment strategies, background, and current financial situation. Guidance on Procedures: Customers are guided comprehensively on the procedures and conditions associated with investing in various segments of the capital market, including operational procedures. Document Collection and Verification: After satisfying information accuracy, necessary documents are collected from clients and checks and verification are conducted as per exchange rules and regulations, including KRA/CKYC. KYC Form Completion: Thereafter, the firm assists clients in completing the KYC form. KRA & CKYC Process: After the KYC forms are duly filled, signed, and stamped with required documents, the KRA & CKYC process is completed. Unique Client Code (UCC) and Depository Participant (DP) details are created in the back-office software and this information is uploaded to the exchange portal. Document Submission: Client master/UCC creation information along with the required documents are sent as per exchange rules. UCC Mapping: The UCC is mapped in the frontend software for online or offline trading, inclusive of necessary surveillance checks. Margin Guidance: The firm provides necessary guidance to clients on how to provide an upfront margin and navigate other pre-trade and post-trade related procedures. Products & Services Equity Trading at NSE and BSE: Allows clients to buy and sell shares of stocks listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India. Derivative Trading at NSE and BSE: Clients can trade financial derivatives such as futures and options on the NSE and BSE. Distribution of Mutual Fund Products: Vardhaman Capital also assists its clients in investing in various mutual fund schemes. Distribution of IPO: Provides assistance to clients looking to invest in Initial Public Offerings (IPOs), helping them buy shares of companies that are going public for the first time. RBI Bonds: Helps in buying and selling bonds issued by Reserve Bank of India (RBI), which can offer stable returns over the long term. Internet Trading: Provides an online platform where clients can trade securities over the Internet. Dedicated Equity Research: Offers equity research services to help clients make informed investment decisions. Depository Services (NSDL): Provides depository services through NSDL, meaning they can hold customers' securities (like shares, debonds, etc.) in electronic form. Trading Platform Vardhaman Capital provides its clients with an accessible and convenient way to manage their trades through its online trading platform - both web-based and mobile. The web trading platform allows users to engage in online trading activities directly through the browser without having to download any software. It is designed to be user-friendly and can be accessed from any device with internet connectivity. Alongside the web trading platform, Vardhaman Capital also offers a mobile trading app - VCPL Markets App. The app integrates all the features of the web platform into a convenient and user-friendly mobile application. This provides a more flexible trading experience, as clients can easily manage their trades on the go, from any location, using their smartphones. Customer Service Telephone: Clients can reach out via phone on the provided numbers - 033-68202050/58 for any immediate or voice-based assistance. Email: Email support is also available at madan@vardhamancapital.net. This can be handy for detailed queries or when needing to attach any documents. Social Media: For updates and general queries, they operate active profiles across multiple social media platforms such as Facebook, Twitter, Instagram, and YouTube. Office Visit: Clients can also visit their office at 25 Swallow Lane, Wardley House, 2nd Floor, Kolkata, 700001 West Bengal, India for face-to-face assistance or discussion. Detailed information on Vardhaman Capital's customer service can be seen below. Conclusion Vardhaman Capital Pvt Ltd offers a range of products and services to facilitate various types of trading, providing options for equity and derivative trading, distribution of mutual funds, IPOs, RBI Bonds, alongside several other services. However, the firm operates without any regulatory oversight, and its official website employs many professional financial terminologies that could be puzzling for novice traders, making it more suitable for risk-takers and experienced traders. Frequently Asked Questions (FAQs) Q: Does Vardhaman Capital operate under any regulatory oversight? A: No, Vardhaman Capital is not currently operating under any disclosed regulatory body. Q: Does Vardhaman Capital assist in investing in mutual funds and IPOs? A: Yes, Vardhaman Capital assists its clients in investing in both mutual funds and Initial Public Offerings (IPOs). Q: Is Internet trading possible with Vardhaman Capital? A: Yes, Vardhaman Capital provides an online platform for clients to trade securities over the Internet. Q: Can I get equity research services from Vardhaman Capital? A: Yes, Vardhaman Capital offers dedicated equity research services to help clients make informed investment decisions. Q: What depository services does Vardhaman Capital provide? A: Vardhaman Capital provides depository services through NSDL, meaning they can hold customers' securities such as shares, debonds, etc., in electronic form. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

  

Vardhaman Capital Forex Broker - Complete Information Guide

  

1. Broker Overview

  Vardhaman Capital Pvt. Ltd. is a prominent financial services company based in India, established in 1995. The company is headquartered at Wardley House, 25 Swallow Lane, 2nd Floor, Kolkata, West Bengal - 700001. Vardhaman Capital operates as a private limited company, providing various financial services primarily in the stock and commodity markets.

  The company serves a diverse clientele, including institutional investors, high net worth individuals (HNIs), and retail investors. Over the years, Vardhaman Capital has developed a robust reputation for its personalized and professional services, focusing on building long-term relationships with its clients.

  Vardhaman Capital has achieved several milestones since its inception, including becoming a registered member of the Confederation of Indian Industry (CII). The company has expanded its operations and services to adapt to the changing dynamics of the financial markets in India. It offers a range of services, including equity trading, derivative trading, commodity trading, and mutual fund distribution.

  The business model of Vardhaman Capital is primarily centered around retail forex trading, along with institutional services, making it a versatile player in the financial services sector. As a recognized Vardhaman Capital broker, the company aims to provide efficient and effective trading solutions to its clients.

  

2. Regulatory and Compliance Information

  Vardhaman Capital operates under the regulatory oversight of the Securities and Exchange Board of India (SEBI). The company holds the SEBI registration number INZ000204533, which was granted on March 10, 2018. This registration is crucial for ensuring compliance with the regulations governing the financial markets in India.

  The broker is also a member of the Bombay Stock Exchange (BSE), having joined in 2006. However, it is important to note that Vardhaman Capital does not currently hold any valid regulation for forex trading, which poses potential risks for clients looking to trade in foreign exchange markets.

  Vardhaman Capital adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures to safeguard client funds and ensure transparency in operations. The company implements a client funds segregation policy, ensuring that clients' funds are kept separate from the company's operational funds.

  Additionally, Vardhaman Capital does not participate in any investor compensation fund, which is a crucial aspect for clients to consider when assessing the safety of their investments. This lack of regulatory backing in forex trading should be taken into account by potential clients when choosing to engage with this broker.

  

3. Trading Products and Services

  Vardhaman Capital offers a diverse range of trading products and services to cater to various client needs. The broker provides access to multiple currency pairs in the forex market, enabling traders to engage in various trading strategies. However, specific details on the number of currency pairs available are not provided in the public domain.

  In addition to forex trading, Vardhaman Capital also offers Contract for Differences (CFDs) across several categories, including indices, commodities, stocks, and cryptocurrencies. This broad array of products allows clients to diversify their investment portfolios and manage risk effectively.

  The company frequently updates its product offerings, although specific information regarding the frequency of new product introductions is not readily available. Vardhaman Capital provides retail trading services to individual clients, as well as institutional client services, which include tailored trading solutions and advisory services.

  Moreover, the broker may offer white-label solutions, facilitating other firms to provide trading services under their brand using Vardhaman Capital's infrastructure. Asset management services may also be part of their comprehensive service suite, although detailed information on these offerings is not explicitly mentioned in available resources.

  

4. Trading Platforms and Technology

  Vardhaman Capital supports the widely used MetaTrader 4 (MT4) trading platform, which is favored by many forex traders for its user-friendly interface and robust analytical tools. However, there is no indication that the broker supports MetaTrader 5 (MT5) at this time.

  The broker may also provide a web-based trading platform, enabling clients to trade directly from their browsers without the need for software downloads. Additionally, Vardhaman Capital offers mobile applications compatible with both iOS and Android, ensuring that traders can manage their accounts and execute trades on the go.

  Vardhaman Capital employs various execution models, including Electronic Communication Network (ECN) and Straight Through Processing (STP), to facilitate fast and efficient trade execution. The specific details about the broker's server locations and technical infrastructure are not disclosed in the available information.

  For clients interested in automated trading, Vardhaman Capital may offer API access, allowing traders to integrate their trading systems with the broker's platform for automated trading strategies. However, detailed specifications regarding this feature are not provided.

  

5. Account Types and Trading Conditions

  Vardhaman Capital offers several account types to meet the needs of different traders. The standard account typically requires a minimum deposit, which is not specified in the available resources. The account may feature competitive spreads and commissions, although specific figures are not provided.

  For more experienced traders, Vardhaman Capital may offer premium account types, such as VIP or professional accounts, which could provide enhanced trading conditions and lower fees. Additionally, the broker may offer special accounts, including Islamic accounts for clients who require Sharia-compliant trading options.

  The availability of a demo account is also a common feature among brokers, allowing potential clients to practice trading without risking real capital. The leverage ratios offered by Vardhaman Capital vary by product, but exact figures are not disclosed in the current information.

  The minimum trade size and overnight fees policies are also vital considerations for traders, yet specific details are not provided in the available resources. Clients are encouraged to contact the broker directly for comprehensive information regarding these aspects.

  

6. Fund Management

  Vardhaman Capital supports a variety of deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirements for different account types are not specified in the available resources, and clients should inquire directly with the broker for precise information.

  The deposit processing times may vary based on the method used, and specific details regarding processing times are not readily available. Additionally, any applicable deposit fees are not mentioned in the public domain, which clients should clarify with the broker.

  For withdrawals, Vardhaman Capital provides multiple options, although limitations on withdrawal amounts or methods are not detailed in the available information. The withdrawal processing times may also vary, and specific timelines are not provided.

  The fee structure for withdrawals is crucial for clients to understand, yet detailed information is not disclosed. Clients are advised to reach out to Vardhaman Capital for clarity on these financial aspects.

  

7. Customer Support and Educational Resources

  Vardhaman Capital offers various support channels for client inquiries, including telephone, email, online chat, and social media platforms. The specific service hours and timezone coverage are not mentioned in the available resources.

  The broker provides multilingual support, although the exact languages offered are not specified. This could enhance the accessibility of services for clients from diverse backgrounds.

  In terms of educational resources, Vardhaman Capital may offer webinars, tutorials, and eBooks to assist traders in improving their market knowledge and trading skills. Additionally, the broker might provide market analysis services, including daily reports and research publications, to keep clients informed about market trends.

  Trading tools such as calculators, economic calendars, and signal services may also be available, although specific details are not provided in the current information. Clients are encouraged to explore the broker's educational offerings for more comprehensive resources.

  

8. Regional Coverage and Restrictions

  Vardhaman Capital primarily serves clients in India, with its operations centered in Kolkata. The company has a network of branches and authorized persons across various states in India, providing localized services to clients.

  However, Vardhaman Capital may not accept clients from certain countries or regions, although specific details regarding these restrictions are not available in the public domain. Potential clients should verify their eligibility with the broker before attempting to open an account.

  Additionally, any special limitations regarding the services offered in specific regions are not disclosed in the current resources. Clients are encouraged to consult Vardhaman Capital directly for detailed information about regional service availability and restrictions.

  In conclusion, Vardhaman Capital presents itself as a versatile broker in the Indian financial market, offering a range of services and products. However, potential clients should carefully consider the regulatory environment and the broker's offerings before making any investment decisions. As a Vardhaman Capital broker, it is essential to remain informed about the company's compliance status and trading conditions to ensure a secure trading experience.

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Latest Reviews

菁美绽放

菁美绽放

United States

Vardhaman Capital's official website seems to be very crowded with content, and I can't find what I want to know quickly. Anyway I have no interest in trading forex or other instruments here. I also don't want to ask their live support for information, I think it's a waste of time. Goodbye, Vardhaman!

37130

2023-03-14

Vardhaman Capital Forex Broker has an overall rating of 1.41, Regulatory Index 0.00, License Index 0.00, Business Index 6.25, Software Index 4.00 Risk Control Index 0.00.
Vardhaman Capital