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CIL Securities

India|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.cilsecurities.com/

Website

Rating Index

Contact

+91 040 – 69011111
advisors@cilsecurities.com
https://www.cilsecurities.com/
214, Raghava Ratna Towers, Chirag Ali Lane, Abids, Hyderabad-500 001. Telangana, India.

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-25
  • 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!

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CIL Securities · Company Summary

Key Information Details
Company Name CIL Securities
Years of Establishment 1-2 years
Headquarters India
Office Locations Abids, Hyderabad-500 001, Telangana, India
Regulation Unregulated
Tradable Assets Securities
Service Types Merchant Banking, Registrar & Share Transfer Agents
Deposit/Withdrawal Methods N/A
Trading Platforms Available CIL Securities Trading Cum Demat Platform
Customer Support Options Email, Phone, WhatsApp, Telegram, Fax
Community Support LinkedIn, Twitter, Facebook, Instagram

Overview of CIL Securities

CIL Securities is an unregulated company based in Hyderabad, Telangana, India. With a history spanning 1-2 years, they offer services in the areas of merchant banking and registrar & share transfer agents. They trade only in securities and offer Merchant Banking as well as Registrar and Share Transfer Agent services.

CIL Securities operates on their own Trading Cum Demat trading platform and can be reached for customer support through Email, Phone, WhatsApp, Telegram and Fax channels. Finally, CIL Securities offers a variety of Community Support channels for trader engagement.

basic-info

Regulation

CIL Securities operates as an unregulated company, meaning it does not fall under the oversight of any regulatory authority. This lack of regulation implies that the company's activities and operations are not subject to specific guidelines or requirements set forth by regulatory bodies. As a result, there is no external entity ensuring compliance with industry standards or enforcing protective measures for investors or clients. The absence of regulation in CIL Securities' operations indicates that certain safeguards, supervision, and mechanisms commonly associated with regulated entities may not be in place.

Pros and Cons

CIL Securities, based in Hyderabad, India, offers merchant banking and registrar & share transfer agent services. They assist companies in various stages of formation, project financing, and successful execution of public issues. Their corporate advisory services encompass activities such as amalgamations, debt restructuring, and project counseling. With their Traing Cum Demat trading platform, clients have access to trading securities. Additionally, CIL Securities' presence on social media platforms like Twitter, Facebook, and Instagram allows for potential engagement and updates and a wide variety of customer support channels.

One of the main drawbacks of CIL Securities is its lack of regulation. Being an unregulated company, it operates without the oversight and protection typically provided by regulatory authorities. This absence of regulation may raise concerns regarding transparency, accountability, and investor protection. Moreover, the company's website provides limited information about aspects such as account types, minimum deposit requirements, leverage options, spread details, and deposit/withdrawal methods. This lack of comprehensive information, ill-maintained website can lead to ambiguity and difficulties for potential clients.

Pros Cons
Offers merchant banking and registrar services Lack of regulation
Provides corporate advisory services Limited information on financial aspects
Access to Traing Cum Demat trading platform Ambiguous website with broken links
Various Social Media Platforms/Customer Support
pros

Ambigious Website

The website of CIL Securities provides limited information regarding account types, minimum deposit requirements, leverage options, spread details, and deposit/withdrawal methods. This lack of comprehensive information on these aspects may lead to a lack of clarity for potential clients. Without clear descriptions of different account types, individuals may find it challenging to understand which account would suit their needs best. The absence of minimum deposit information makes it difficult to assess the financial commitment required to start trading with CIL Securities. Furthermore, the website does not provide details about leverage options, which may be important for traders who seek to amplify their trading positions. The lack of information on spreads, and deposit/withdrawal methods further adds to the obscurity surrounding the company's offerings.

Market Instruments

CIL Securities offers trading services in securities. Securities typically refer to tradable financial instruments, such as stocks, bonds, and other investments that represent ownership or debt in a company or government entity. These instruments are commonly bought and sold on regulated exchanges or over-the-counter markets.

Here is a table comparing the available market instruments of CIL Securities with Alpari, HotForex, IC Markets, and RoboForex:

Broker Market Instruments
CIL Securities Securities
Alpari Forex, CFDs, Cryptocurrencies
HotForex Forex, CFDs, Cryptocurrencies
IC Markets Forex, CFDs, Commodities, Indices
RoboForex Forex, Stocks, Indices, Metals
products

Service Types

CIL Securities provides Merchant Banking services encompassing project financing and public issue execution, along with Registrar and Share Transfer Agent services for physical and dematerialized shares.

MERCHANT BANKING: CIL Securities offers merchant banking services, supporting companies throughout their formation, project financing, and successful execution of public issues. Their expertise includes managing issues, preparing prospectuses, and providing corporate advisory services such as amalgamations, debt restructuring, and project counseling. They also assist with project identification, report preparation, credit syndication, and listing of shares through public offerings.

services

REGISTRAR & SHARE TRANSFER AGENTS: CIL Securities serves as a registrar and share transfer agent, facilitating the transfer of physical and dematerialized shares. They actively engage in registrar activities for new issues, ensuring smooth share transfers. Additionally, they offer depository registrar services in both NSDL (National Securities Depository Limited) and CDSL (Central Depository Services Limited). These services enable electronic share transfers and accurate record-keeping.

services

How to open an account?

On the CIL Securities website, there were found to be two different types of accounts to create, which were the “Online Trading” account and the “Mutual Fund Online” account.

Online Trading Account (Broken): If the “Online Trading” button is pressed, the user can be naviagated to the account creation page, but the “Create Account” button only leads to Google, suggesting that the account creation process is broken.

open-account

Mutual Fund Online Account:

  1. Navigate to the “Mutual Fund Online” button at the top right corner of any page.

    1. open-account
  2. From there, navigate to the bottom of the Login portal and click the “Sign Up to start investing” button.

  3. After this, import the required information, including the users name, email address, mobile number, and password.

    1. open-account
  4. After this, the user should receive an email in order to activate the account and start trading.

Trading Platforms

CIL Securities provides the Trading Cum Demat trading platform for clients to engage in trading activities. There is limited information on the platform, except what is offer on CIL Securities website.

trading-platform

Customer Support

CIL Securities provides customer support through various channels, including email, phone, WhatsApp, Telegram, and fax, allowing customers to reach out and receive assistance as needed. Specifics are as follows:

Email Support: Customers can reach CIL Securities' customer support team by sending an email to advisors@cilsecurities.com. This provides a written channel for inquiries and communication with the company's representatives.

Phone Support (Regd. Office): Customers can contact CIL Securities' customer support team at the telephone number +91 - 040 – 69011111. This direct phone line allows customers to seek assistance and receive support regarding their queries.

WhatsApp Support: CIL Securities offers customer support through WhatsApp at the number 9392900905. This messaging platform provides an additional channel for customers to reach out and receive assistance.

Telegram Support: Customers can also contact CIL Securities' customer support team through Telegram at the number 9392900905. This messaging platform serves as an alternative means for customers to connect and receive support.

Phone Support (Corporate Office): Customers can reach CIL Securities' corporate office at the telephone number 022-22885177/78. This phone line is available for customers to seek assistance and address their concerns.

Fax Support: Customers can send documents or communicate with CIL Securities' corporate office through fax at the number 022-22885176.

Community Support

CIL Securities maintains a presence on social media platforms such as LinkedIn, Twitter, Facebook, and Instagram. While these platforms can provide a means for communication and interaction, it is important to note that the extent and nature of community support or engagement through social media are not explicitly mentioned in the available information.

community-support

Conclusion

CIL Securities, an unregulated company based in Hyderabad, India, offers a range of services including merchant banking and registrar & share transfer agent services. While the company's social media presence on platforms like Twitter, Facebook, and Instagram allows for potential engagement, the lack of regulation raises concerns about transparency and investor protection.

The website provides limited information on account types, minimum deposit requirements, leverage options, spread details, deposit/withdrawal methods, and trading platforms, which may lead to a lack of clarity for potential clients. Customer support options such as email, phone, WhatsApp, Telegram, and fax are available, providing channels for customers to seek assistance.

FAQs

Q: What services does CIL Securities offer?

A: CIL Securities provides merchant banking and registrar & share transfer agent services.

Q: Where is the headquarters of CIL Securities located?

A: The headquarters of CIL Securities is situated in Hyderabad, Telangana, India.

Q: Does CIL Securities operate under any regulatory authority?

A: No, CIL Securities is an unregulated company.

Q: What market instruments can be traded through CIL Securities?

A: CIL Securities deals with securities.

Q: How can customers contact CIL Securities for support?

A: Customers can reach CIL Securities via email, phone, WhatsApp, Telegram, or fax.

Q: Does CIL Securities have a presence on social media platforms?

A: Yes, CIL Securities maintains an active presence on platforms such as Twitter, Facebook, and Instagram.

Broker Information

Company Name

CIL Securities Ltd.

Company Abbreviation

CIL Securities

Regulatory Status

No Regulation

Platform registered country and region

India

Company address
  • 214, Raghava Ratna Towers, Chirag Ali Lane, Abids, Hyderabad-500 001. Telangana, India.

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Customer Service Email Address
  • advisors@cilsecurities.com

Company Summary

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