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Passion

India|5-10 years|
Suspicious Scope of Business|High potential risk|

http://www.passiongroup.in/

Website

Rating Index

Contact

+91 512 6680224
support@passiongroup.in
http://www.passiongroup.in/
14/79 , Civil Lines, Kanpur - 208001

Licenses

No valid regulatory information, please be aware of the risk!

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No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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Passion · Company Summary

Registration India
Regulated No effective supervision
Years of establishment 2-5 years
trading products Options, commodities, foreign exchange, derivatives, funds, IPO, bonds, fixed income
Minimum initial deposit unknown information
maximum leverage unknown information
minimum spread unknown information
trading platform unknown information
Deposit and withdrawal method unknown information
customer service Email/Phone Number/Address/Social Media
Fraud Complaint Exposure no yet

general information and PassionSupervision

PassionRegistered in India, it is an online financial service provider and currently has no valid regulatory information.

In the following article, we will analyze the characteristics of this trader from all aspects to provide you with simple and organized information. If you're interested, read on.

At the end of the article, we will also briefly extract the most important advantages and disadvantages, so that you can understand the characteristics of the broker at a glance.

基本信息

market tool

Options, commodities, foreign exchange, derivatives, funds, ipo, bonds, fixed income... Passion Allow customers to enter a huge trading market. Therefore, both beginners and experienced traders can use Passion Find the transaction content they want on the website.

and PassionSpreads and commissions on trades

PassionAdditional transaction fees such as spreads, commissions, overnight interest, etc. are not detailed on its website, which are very important when calculating profits and losses. These costs should be considered together, rather than selected in isolation, if you want to Passion transactions, we recommend that you take the time to calculate these transaction costs.

Passionaccount type

PassionAccount information is not provided. Generally, Forex brokers offer several different levels of live accounts based on the minimum deposit and offer different trading conditions (leverage, spreads, commissions, etc.). Additionally, many brokerage companies offer demo accounts where interested individuals can trade without incurring real money losses. Since interest is prohibited by law in Islamic regions, some brokers also offer Islamic accounts that do not charge overnight interest.

PassionProvided trading platform

PassionNo information on this aspect of the trading platform was provided. Usually, a forex broker offers an external trading platform such as the widely used mt4, mt5, webtrader or a self-developed platform of the same name, or both.

PassionMaximum Leverage Offered

exist Passion No information on trading leverage can be found on the website of . Some foreign exchange brokers offer a leverage ratio as high as 1:500, but new users are advised to be cautious with such a high leverage ratio.

Deposit and withdrawal methods and fees

PassionThere is some ambiguity about how deposits and withdrawals work. Wire transfer, Mastercard, visa, maestro and some e-wallet processors like skrill, neteller, paypal and others are some of the most frequent and popular payment methods handled by most forex brokers. The speed at which funds can be withdrawn from a forex broker is one of the most important factors in establishing a broker's reputation.

about Passioneducational resources

A range of educational resources are available at Passion Get, learn from with news, blogs, market analysis, research and more.

Passioncustomer service provided

The following is about Passion More details on customer service

Language: English

Address: 14/79, Civil Lines, Kanpur, 208001

Tel: +91-9793211818, 0512-6680224

Email: support@ Passion group.in

Social Networks: Facebook, Google+, LinkedIn, YouTube, twitter

we are atWikiFXreceived on PassionComplaint

Currently, we have not received any complaints.

Passionpros and cons

advantage

many tradable products

disadvantages

Lack of effective regulation

lack of information

Few deposit and withdrawal methods

No MT4/MT5

no copy trades

about PassionFrequently Asked Questions

Is this broker regulated?

No, it is not currently regulated effectively and you are advised to be aware of its potential risks.

Broker Information

Company Name

Passion Group

Company Abbreviation

Passion

Regulatory Status

No Regulation

Platform registered country and region

India

Company address
  • 14/79 , Civil Lines, Kanpur - 208001

Linkedin
WhatsApp

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QQ

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WeChat

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Customer Service Email Address
  • support@passiongroup.in

Company Summary

User Reviews

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Comments

Write a review

Richie Fx
more than one year
Passion, a company registered in India, only provides services in English and does not have any reliable regulatory licenses. Anyway I can't think of any reason why I should trade with him. I hope everyone can also stay vigilant!
2022-12-14 10:51
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