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INDO MONEY

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

http://indomoney.in

Website

Rating Index

Contact

+91 11-22893699
info@indomoney.in
http://indomoney.in
https://www.facebook.com/Indomoneyedu/

Licenses

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

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

Single Core

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Warning: Low score, please stay away! 2
Previous Detection : 2024-04-28
  • 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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INDO MONEY · Company Summary

Feature Information
Company Name INDO MONEY
Registered Country/Area India
Founded Year India
Regulation SEBI
Tradable Assets Financial advice, deal with securities like stocks and derivatives.
Demo Account N/A
Customer Support Phone at +91-11-22893699; email at info@indomoney.in.

What is INDO MONEY?

Indo Money Securities Pvt. Ltd. is a financial services company based in Delhi, India. They offer financial advice and deal with securities like stocks and derivatives.

However, you should notice that the official website of INDO MONEY, https://indomoneysecurities.in/ is currently encountering functionality problems.

What is INDO MONEY?

Regulatory Status

Indo Money describes itself as a member of prominent Indian financial institutions, including the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Central Depository Services (India) Limited (CDSL), and Metropolitan Stock Exchange of India (MSEI), as per their contact information.

Additionally, they claim to be SEBI registered with registration numbers INB231449530 and INF231449530, according to their website.

However, upon investigation, there is no available information confirming these affiliations and registrations. Therefore, it's essential for individuals to conduct thorough research with Indo Money entity to ensure regulatory compliance and legitimacy.

Pros & Cons

Pros Cons
Offers financial advice and services Website functionality problems
Deals with securities Lack of confirmation on regulatory
Provides customer support

Pros:

  • Offers Financial Advice and Services: INDO MONEY provides financial advice and services, which can be beneficial for individuals seeking assistance in managing their investments or navigating the complexities of the financial market.

  • Deals with Securities like Stocks: Being involved in securities like stocks and derivatives indicates that INDO MONEY offers a range of investment options, potentially providing clients with opportunities to diversify their portfolios and explore various investment avenues.

  • Provides Multiple Customer Support Channels: INDO MONEY offers customer support through multiple channels, including phone and email. This accessibility can be advantageous for clients who prefer different modes of communication or need assistance with inquiries or issues.

Cons:

  • Website Encountering Functionality Problems: The official website of INDO MONEY, https://indomoneysecurities.in/, is reportedly experiencing functionality problems. A malfunctioning website can lead to inconvenience for users, hindering access to essential information or services and potentially eroding trust in the company's online presence.

  • Lack of Confirmation on Regulatory Affiliations and Status: While INDO MONEY claims to be affiliated with prominent Indian financial institutions and SEBI registered, there is no available information confirming these affiliations and registrations.

Customer Service

Indo Money provides customer support through multiple channels. Customers can reach them by phone at +91-11-22893699 or via email at info@indomoney.in.

Customer Service

Conclusion

Indo Money is an Indian financial services company offering investment advice and dealing in securities like stocks. While they boast memberships in major Indian financial exchanges and SEBI registration, this information could not be independently verified. This lack of confirmation is a major drawback.

On the positive side, Indo Money offers financial advice and a variety of customer support channels. It's crucial to do your own research to assess Indo Money's legitimacy before making any financial decisions.

Frequently Asked Questions (FAQs)

      Question: What services does Indo Money offer?

      Answer: Indo Money presents itself as a financial services firm providing investment guidance and dealing in securities like stocks and derivatives.

      Question: Is Indo Money a legitimate company?

      Answer: Indo Money claims membership in major Indian financial institutions and SEBI registration. However, independent verification of these affiliations hasn't been possible.

Broker Information

Company Name

Indo Money Securities Private Limited

Company Abbreviation

INDO MONEY

Regulatory Status

No Regulation

Platform registered country and region

India

Company website
Company address

--

Linkedin
WhatsApp

--

QQ

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WeChat

--

Customer Service Email Address
  • info@indomoney.in

Company Summary

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Mr K55575
more than one year
This is an Indian company... Are Indian companies really good in Forex? If not, I don't think it is necessary for me to choose a company that is so far away from me.
2022-12-13 10:39
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