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SCSL

Pakistan|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

http://sakarwalasecurities.com/

Website

Rating Index

Contact

+92 21 32428303
sakarwala_stockex@hotmail.com
http://sakarwalasecurities.com/
114, 3rd Floor Karachi Stock Exchange Building Off II Chundrigar Road Karachi, 74000 PAKISTAN

Licenses

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

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-04-20
  • 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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SCSL · Company Summary

Risk Warning

Online trading is dangerous, and you could potentially lose all of your investment funds. Not all investors and traders are suitable for it. Please understand that the information on this website is designed to serve as general guidance, and that you should be aware of the risks.

General Information

SCSL Review Summary
Founded 1984
Registered Country/Region Pakistan
Regulation No regulation
Services online account opening, fund transfers, margin finance, trader assistance, 24/7 access to clients' accounts, arbitrage, etc.
Accounts Normal accounts, Sahulat accounts, Corporate accounts
Customer Support email, telephone, online messaging, social media

What is SCSL?

SCSL is a financial brokerage firm that offers a wide range of products and services to cater to its clients' investment needs. Their offerings include online account opening, online fund transfer, margin finance, trader assistance, 24/7 account access, competitive commission rates, online trading, trade confirmation, and opportunities for arbitrage. The company also maintains an active presence on social media platforms to engage with clients and share market insights.

SCSL's home page

Pros & Cons

Pros Cons
• Diverse range of financial services • No valid regulation
• Convenient online account opening
• Multiple account types
• Multiple contact channels
• Many years' industry experience

SCSL Alternative Brokers

There are many alternative financial brokers to SCSL depending on the specific needs and preferences of the trader. Some popular options include:

  • Rakuten Securities - A well-established and reputable financial brokerage firm, known for offering a wide range of investment and trading services.

  • ACY Securities - A leading financial brokerage firm that specializes in providing a wide range of trading and investment solutions to clients worldwide. With a strong presence in the financial markets, ACY Securities offers access to multiple asset classes, including forex, commodities, indices, and cryptocurrencies.

  • Ichiyoshi Securities - A well-established and reputable Japanese financial brokerage firm with a rich history dating back to its founding in 1908. The company offers a comprehensive range of financial services, including stock brokerage, underwriting of securities, investment advisory, and asset management.

Is SCSL Safe or Scam?

CSL offers a range of financial products and services, including online account opening, online fund transfer, margin finance, trader assistance, and access to various market instruments. A legitimate brokerage firm typically provides such services to its clients. However, the absence of valid regulation is a significant concern. Regulatory oversight is crucial in the financial industry to ensure that brokerage firms comply with the necessary rules and regulations, safeguard client funds, and maintain ethical practices. Without proper regulation, there may be potential risks for clients, including the lack of investor protection and transparency.

Services

SCSL offers a comprehensive range of services to cater to its clients' diverse financial needs. One of the key features is the convenience of online account opening, allowing customers to initiate their investment journey seamlessly from the comfort of their homes.

Moreover, SCSL facilitates online fund transfers, enabling clients to move funds swiftly and securely between their bank accounts and trading accounts, ensuring a smooth investment experience. For those seeking to amplify their investment potential, the firm provides margin finance options, allowing investors to leverage their capital and potentially maximize their returns.

Moreover, SCSL facilitates online fund transfers, enabling clients to move funds swiftly and securely between their bank accounts and trading accounts, ensuring a smooth investment experience. For those seeking to amplify their investment potential, the firm provides margin finance options, allowing investors to leverage their capital and potentially maximize their returns.

Recognizing that navigating the financial markets can be challenging, SCSL offers dedicated trader assistance, ensuring clients have access to expert advice and support to make informed investment decisions. Furthermore, the brokerage firm prides itself on offering 24/7 access to clients' accounts, empowering them to monitor their investments and seize opportunities at any time, day or night.

Additionally, SCSL offers opportunities for arbitrage, where clients can capitalize on price differences in various financial instruments or markets, potentially generating profits with minimal risk.

Services

Account

SCSL offers a diverse set of accounts, catering to the individual financial goals of clients and the specific requirements of corporate entities.

Normal accounts are designed for individual clients who want to invest in the financial markets for personal wealth growth and financial planning. These accounts offer a wide range of investment opportunities, including equities, bonds, mutual funds, ETFs, commodities, and more.

Sahulat accounts are tailored to meet the needs of individual clients seeking a more comprehensive financial solution. These accounts offer all the features of normal accounts but may come with additional benefits, such as personalized advisory services, wealth management solutions, and priority access to certain investment opportunities.

Corporate accounts are designed to serve the needs of businesses and corporate entities. These accounts enable corporations to invest their surplus funds, manage their treasury, and undertake strategic investments.

Trading Platform

This broker stands out with its proprietary trading platform, which is accessible across multiple platforms, including Android, iOS, and Windows. With this user-friendly and versatile platform, traders can conveniently access the financial markets and execute trades from their preferred devices, whether it's a smartphone, tablet, or desktop computer. The platform's compatibility with various operating systems ensures that traders can stay connected to their investments and seize opportunities on the go. Its intuitive interface and advanced features enable efficient market analysis, real-time data monitoring, and seamless order execution. Whether traders are new to the markets or experienced professionals, this proprietary trading platform offers a powerful tool to enhance their trading experience and make well-informed decisions.

Trading Platform

Customer Service

SCSL offers multiple communication channels for customer service, including telephone support, online messaging and email. Clients can reach out to the firm via the provided telephone numbers, (+92 21) 32428301 and (+92 21) 32428303, for immediate assistance and queries. Alternatively, clients can send their inquiries or concerns to the designated email address, info@sakarwalasecurities.com.

And clients can reach out to them from social media, like Facebook, Twitter, Linkedin, and YouTube.

Customer Service

Conclusion

In conclusion, SCSL appears to be a securities company, providing convenient and efficient solutions for investors. The diverse range of services, competitive commission rates, and emphasis on customer engagement through social media are notable strengths. However, it is essential to consider the absence of valid regulation as a potential concern, which may impact investor protection and transparency. Before engaging with SCSL or any financial firm, prospective clients should conduct thorough research and seek advice from qualified financial professionals to ensure they make informed and secure investment decisions.

Frequently Asked Questions (FAQs)

Q1: What services does SCSL offer to its clients?

A1: SCSL offers a comprehensive range of services, including online account opening, online fund transfer, margin finance, trader assistance, 24/7 account access, competitive commission rates, online trading, trade confirmation, and opportunities for arbitrage.

Q2: How can clients reach SCSL's customer service?

A2: Clients can reach SCSL's customer service through various channels, including telephone support with the numbers (+92 21) 32428301 and (+92 21) 32428303, online messaging, email (info@sakarwalasecurities.com), and social media platforms like Facebook, Twitter, LinkedIn, and YouTube.

Q3: What are the potential risks associated with SCSL's lack of valid regulation?

A3: The absence of valid regulation may raise concerns about investor protection and transparency. Clients may face potential risks due to the lack of oversight and regulatory compliance, making it essential to exercise caution and conduct thorough due diligence before engaging with the firm.

Broker Information

Company Name

Sakarwala Capital Securities (Private) Limited

Company Abbreviation

SCSL

Regulatory Status

No Regulation

Platform registered country and region

Pakistan

Company address
  • 114, 3rd Floor Karachi Stock Exchange Building Off II Chundrigar Road Karachi, 74000 PAKISTAN

Linkedin
WhatsApp

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WeChat

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Customer Service Email Address
  • sakarwala_stockex@hotmail.com

  • info@sakarwalasecurities.com

Company Summary

User Reviews

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Ghulam6724
more than one year
This is a very good website not dangerous at all i've already visited this website worked with them, they're very friendly & helpful.
2022-11-02 17:28
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