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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Reliance

India India | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://www.reliancegroupindia.com/web/reliance-group-india/index

Website

Rating Index

License 0.00 Software 4.00 Risk Control 0.00 Business 7.53 Regulation 0.00
1.58

Influence

Influence

C

Influence Index NO.1

India India 3.95
Surpassed 15.80% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

http://www.reliancegroupindia.com/web/reliance-group-india/index

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
India
Operating Period
5-10 years
Company Name
Reliance Group
Trading Strategy
Business Region
Verified Site
About Us
Wiki Q&A
Comment

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Search Sources
Target Language
Market Analysis
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Verified Site

  • India reliancegroupindia.com
    220.226.182.143
  • India relianceada.com
    220.226.182.25

Company Profile

Company Profile

Review summary

RelianceReview Summary
Founded2006
Registered Country/RegionIndia
RegulationUnregulated
ServicesTelecommunications, power, financial services, infrastructure, media and entertainment, and healthcare
Customer SupportEmail: contact@relianceada.com
Twitter: https://www.twitter.com/RelianceGroup
Facebook: https://www.facebook.com/RelianceGroup
YouTube: https://www.youtube.com/reliancegroup
Linkedin: https://www.linkedin.cn/incareer/company/reliance-group

Reliance is among India's private sector business houses that was established in 2006, serving customers across telecommunications, power, financial services, infrastructure, media and entertainment, and healthcare sectors. However, Reliance operates without regulatory oversight from any reputable financial body.

Reliance Review Summary

Pros and Cons

ProsCons
Access to a lot of servicesNot regulated
Multiple contact channels

Is Reliance Legit?

Reliance currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky.

If you are considering investing with Reliance, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

Services

Reliance offers a lot of services in various sectors, including telecommunications, power, financial services, infrastructure, media and entertainment, and healthcare. In roads sector, it has a portfolio of 11 projects totalling length of 1000 km at project outlay of approximately Rs. 12000 crore.

Power: coal, gas, hydro and renewable energy

Financial services: asset management and mutual funds; life and general insurance; commercial finance; equities and commodities broking; investment banking; wealth management services; distribution of financial products; exchanges; private equity; asset reconstruction; proprietary investments and other activities in financial services.

Infrastructure: Power, Distribution, Generation, Transmission, EPC, Infrastructure, Roads, Mumbai Metro, Airports, Defence.

Media and entertainment: filmed entertainment (film production and distribution), broadcasting and new media ventures.

Healthcare: Kokilaben Dhirubhai Ambani Hospital; oncology centers; various healthcare programmes

Roads:

Services

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is Reliance safe and reliable?

The WikiFX assessment for Reliance Group indicates significant concerns regarding its safety profile. The broker holds a very low overall score of 1.57 and is classified as having a 'Suspicious Scope of Business'. Crucially, it operates without any valid forex trading licenses or formal regulatory oversight from recognized authorities. This combination of factors suggests a high-risk profile where client funds may not benefit from standard protective measures such as segregation or investor compensation schemes.

04-14
United States

Is Reliance regulated?

No. According to WikiFX data, Reliance Group currently operates without any detected regulation for its forex trading services. The analysis shows no licenses held with major financial regulators such as the FCA, ASIC, CySEC, or others. This classification places it as an unregulated entity, meaning its activities lack the independent oversight and mandatory compliance rules that govern licensed brokers.

04-14
United States

What is the minimum deposit of Reliance?

Reliance Group has not publicly disclosed its specific minimum deposit requirements. The absence of this fundamental information adds to the overall lack of transparency surrounding the broker's trading conditions, making it difficult for potential clients to assess the initial capital commitment needed to open an account.

04-14
United States

Does Reliance support MT4 or MT5?

There is no publicly available information confirming whether Reliance Group provides access to the industry-standard MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms. The platform a broker offers is a key component of the trading experience, and this information gap is a notable omission in the broker's profile.

04-14
United States
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