User Reviews
More
User comment
0
CommentsWrite a review
No comment yet
No Regulation
Score
1.56 /10
Danger
Marwadi
Influence
B
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.39
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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
Download App for complete information
Warning: Low score, please stay away!
2
Previous Detection :
2025-12-03
- 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
| Marwadi Review Summary | |
| Founded | 1992 |
| Registered Country/Region | India |
| Regulation | No Regulation |
| Trading Products | Derivatives, Initial Public Offerings (IPOs), Mutual Funds |
| Trading Platform | MSFL Connect |
| Customer Support | Tel: 0281-6192000, 0281-7174000 |
| Email: inquiry@marwadionline.in | |
Marwadi Information
Marwadi is a financial services provider, established in 1992, offering trading on Derivatives, IPOs, and Mutual Funds through its multi-device MSFL Connect trading platform.
Pros and Cons
| Pros | Cons |
| Long operational history | Lack of regulation |
| Limited trading products | |
| Unclear fee structure |
Is Marwadi Legit?
Marwadi is not regulated by any financial authorities. Please be aware of the risk!
The WHOIS search shows that the domain marwadionline.com was registered on March 23, 2002, and will expire on March 23, 2027. Its present status is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar.
What Can I Trade on Marwadi?
Marwadi provides diverse financial offerings, including Derivatives, Initial Public Offerings (IPOs), and Mutual Funds. They also offer National Pension System (NPS) solutions, Third Party Products, and specialized Zero-Coupon NCDs.
| Trading Products | Supported |
| Derivatives | ✔ |
| IPOs | ✔ |
| Mutual Funds | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Trading Platform
| Trading Platform | Supported | Available Devices |
| MSFL Connect | ✔ | PC, Mobile |
start to write first comment