Is MJP safe and legit? Full review
MJP is an India-based broker established in 2019 and regulated by the Securities and Exchange Board of India. It has been in operation for a considerable length of time and offers live support, though customer service responses may be slow. Its influence rating is D, with an average influence index of 4.25, and its influence is concentrated in India.
Regulatory Compliance and Security
MJP is regulated by the Securities and Exchange Board of India, with the regulated entity listed as M J PATEL SHARE & STOCK BROKERS LTD under regulation number INZ000218338. The regulator's status is recorded as Regulated, and the broker's safety level is Level 1.
Customer Service
MJP's customer service supports 3 languages and 1 region. Clients can contact the team by phone or email for answers to most inquiries, though response times may be lengthy.
⚠️ Note: Most inquiries can be answered through the available channels, but please be aware that response times may be lengthy.
Influence
MJP holds an influence rating of D. Its influence is mainly distributed in India, with an average influence index of 4.25.