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No Regulation
Score
1.43 /10
Danger
Rajendra Modi
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
D
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index6.36
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
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
1G
40G
open now
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2025-11-12
- It has been verified that this broker currently has no valid forex 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
| Rajendra ModiReview Summary | |
| Founded | 2010 |
| Registered Country/Region | India |
| Regulation | No regulation |
| Market Instruments | Stocks, Derivatives, Commodities, IPOs, Depositories, Mutual Funds |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | / |
| Minimum Deposit | / |
| Customer Support | Contact form |
| Phone: +91-141 2369004 | |
| Email: CONTACT@RMSBPLINDIA.COM | |
| Address: Rajendra Modi Share Brokers Pvt. Ltd. (Member- NSE, BSE, MCX, CDSL DP, AMFI) 403-404, Green House, Ashok Marg, C-SchemeJaipur-302001 | |
Rajendra Modi Information
Rajendra Modi was registered and established in India in 2010. It supports traders in trading Stocks, Derivatives, Commodities, IPOs, and Mutual Funds. As of now, it is unregulated.
Pros and Cons
| Pros | Cons |
| Many tradable products | No regulation |
| Various contact channels | Lack of transparency |
Is Rajendra Modi Legit?
Rajendra Modi was registered in 2010 and is not regulated at present. Please be aware of the risks!
What Can I Trade on Rajendra Modi?
Rajendra Modi offers retail brokerage services for stocks, derivatives, commodities, ipos, custody and mutual funds.
| Tradable Instruments | Supported |
| Stocks | ✔ |
| Derivatives | ✔ |
| Commodities | ✔ |
| IPOs | ✔ |
| Depositories | ✔ |
| Mutual Funds | ✔ |
| Forex | ❌ |
| Indices | ❌ |
| Bonds | ❌ |
| ETFs | ❌ |
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