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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

Arpico

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

http://www.arpico.com

Website

Rating Index

License 0.00 Software 4.00 Risk Control 0.00 Business 7.44 Regulation 0.00
1.57

Influence

Influence

C

Influence Index NO.1

Sri Lanka Sri Lanka 3.69
Surpassed 15.70% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+94 (0) 11 4 310 500
http://www.arpico.com
Richard Pieris And Company PLC. No.310, High Level Road, Nawinna, Maharagama, Sri Lanka.

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
Sri Lanka
Operating Period
5-10 years
Company Name
Richard Pieris & Company PLC
Email
cpu@arpico.com
Contact Number
+940114310500
Company Website
Business Region
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • arpico.com
    206.189.144.108
    Server Location
    Singapore Singapore
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    1997-09-23
    Website Name
    WHOIS.NETWORKSOLUTIONS.COM
    Company
    NETWORK SOLUTIONS, LLC.

Company Profile

Company Profile

Review summary

Arpico Review Summary
Founded1932
Registered Country/RegionSri Lanka
RegulationUnregulated
ServicesInsurance, stock broking, financial services, fund management
Customer SupportTel: +94 (0) 11 4 310 500; +94 (0) 11 4 310 777
Email: cpu@arpico.com
Physical address: Richard Pieris And Company PLC. No.310, High Level Road, Nawinna, Maharagama, Sri Lanka
Richard Pieris Group Services (Pvt.) Limited. No. 310, High Level Road, Nawinna, Maharagama, Sri Lanka
Ernst & Young Chartered Accountants No. 201, De Saram Place, Colombo 10, Sri Lanka

Richard Pieris and Company (ARPICO), established in 1940, is one of Sri Lanka's largest conglomerates with expertise in manufacturing, engineering, retail, and plantation industries. It offers services in insurance, stock broking, financial services, and fund management. However, it is currently unregulated by oversight institutions.

Arpico's homepage

Pros and Cons

Pros Cons
Long history of operationNo regulation
Various financial servicesLimited info on trading conditions

Is ArpicoLegit?

No, Arpico lacks legal regulation from oversight institutions, which raises concerns about the company's operations and compliance with industry standards.

No license

Services

Insurance: Provides a range of insurance products including endowment, term assurance, education, hospitalization, investment, group assurance, and loan protection plans.

Stock Broking: Delivers services such as online trading, investment advice, trade executions, margin trading, equity trading, and research.

Financial Services: Offers fixed deposits, savings deposits, leasing, hire purchase, term loans, and Islamic finance solutions.

Fund Management: Covers investment banking, private wealth management, fund management, corporate advisory, and tax & legal services.

Company Profile

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

Wiki Q&A

Is Arpico safe and reliable?

According to WikiFX data, Arpico poses significant concerns regarding safety and reliability. The WikiFX assessment score of 1.57 reflects fundamental issues, notably its status as an unregulated entity. The broker operates from Sri Lanka and is categorized as functioning within a suspicious operational region. The absence of oversight from a recognized financial authority means investor protection mechanisms, such as segregated funds or compensation schemes, are not in place. For traders, this represents a high-risk profile where the security of funds cannot be independently verified.

05-07
United States

Is Arpico regulated?

No. WikiFX data confirms that Arpico is not regulated by any recognized financial authority. The broker holds no valid forex trading licenses from major global regulators such as the FCA, ASIC, CySEC, or others. Its regulatory index score is 0.0, indicating a complete lack of formal oversight, which is a critical factor for traders to consider regarding operational transparency and legal recourse.

05-07
United States

What is the minimum deposit of Arpico?

The minimum deposit requirement for Arpico is not publicly disclosed. This lack of transparent information on basic account parameters is consistent with its overall profile of limited operational transparency. Prospective clients should be aware that undisclosed terms can lead to unexpected requirements.

05-07
United States

Does Arpico support MT4 or MT5?

Based on WikiFX data, information regarding supported trading platforms, including MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not publicly available for Arpico. The platform a broker uses is a key component of the trading experience, affecting execution, tools, and automation. The absence of this data further complicates a comprehensive evaluation of its service offering.

05-07
United States
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