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No Regulation
Score
1.53 /10
Danger
SSPL
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
C
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.12
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
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Warning: Low score, please stay away!
Previous Detection :
2024-11-20
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
General Information & Regulation
SSPL, a trading name of Saravana Stocks Pvt. Ltd., is allegedly a financial brokerage firm registered in India that claims to provide individual clients (retail and HNI), corporate and financial institutional clients with a diverse range of financial services. Here is the home page of this brokers official site:
As for regulation, it has been verified that SSPL does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.42/10. Please be aware of the risk.
Services
SSPL advertises that it offers a spectrum of financial services ranging from the capital market and related services in equities, derivatives, commodities and currency segments and also the distribution of mutual funds and IPOs.
Customer Support
SSPLs customer support can be reached by telephone: +91 044-42169494, email: support@ssplwealth.com. Company address: New no.11,Old no.5 BishopWallersAvenue(West) Mylapore, Chennai-600 004.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
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