Basic Information & Regulation of Competent Finman
Competent Finman was founded in 2000 and is based in Chandigarh, dedicated to providing investors with a transparent and efficient platform to invest in popular financial products. CompetentCompetent Finman is not currently subject to any effective regulation.
Safety Analysis
Competent Finman is an unregulated financial provider, which means that the safety of investors' money and trading activities are not protected.
Market Instruments of Competent Finman
Competent Finman offers investors a wide range of financial trading assets, mainly stocks, futures & options, bonds, commodities, currencies, mutual funds, insurance, IPOs & IFOs.
Accounts & Leverage
Leverage up to 2x for stock futures, 5x for stock options, 3x for currency futures, 6x for currency options, and 3x for commodities.
Fees of Competent Finman
Competent Finman has different fees for different asset classes. Competent Finman charges 0.04% on closing for stocks, 0.04% for stock futures, and Rs. 75 per lot for stock options. 0.04% for currency futures brokers and Rs. 50 per lot for currency options brokers.
Trading Platform Available of Competent Finman
Competent Finman offers traders the Trading view trading platform, desktop trading platform, and mobile trading platform. Trading view can serve the stock and forex industry with a highly optimized user interface, and their interactive charts make it easy for traders to perform various types of analysis on the charts. Their interactive charts allow traders to perform various types of analysis on the charts easily. Additionally, traders can link Trading View to their cell phones to get real-time updates and SMS alerts on stocks in their watchlist.
Pros & Cons of Competent Finman
The main advantages of Competent Finman are:
1. Richness of tradable assets
2. Three trading platforms to choose from
The main disadvantages of Competent Finman are:
1. No regulation
2. High fees
3. Incomplete information on the website
4. No information on deposit & withdrawal methods
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