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Dealmoney -

Score

1.53 /10
Danger

Dealmoney

India

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.dealmoneyonline.com

Influence

C

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Score

Regulatory Index0.00

Business Index7.12

Risk Management Index0.00

Software Index4.00

License Index0.00

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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 : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Dealmoney · Company summary
DealmoneyReview Summary
Founded2017
Registered Country/RegionIndia
RegulationNo regulation
Market InstrumentsEquity, Commodity, Currency, Mutual Funds, Insurance, Real Estate
Demo Account✅
Leverage/
Spread/
Trading PlatformBranch Network, Online (web), Centralised Call, and Trade & Using
Min Deposit/
Customer SupportPhone: 02241842325; 02241842207
Email: customercare@dealmoney.in

Dealmoney was registered in 2017 in India. On this platform, you can trade equities, commodities, mutual funds, and so on. However, it lacks regulation, and details about the trading process and accounts are limited.

Dealmoney Review Summary

Pros and Cons

Pros Cons
Various choices of trading productsLack of regulation
Free demo accountsNot supported by MT4 or MT5
Limited information about trading conditions

Is Dealmoney Legit?

Is Dealmoney Legit?

Dealmoney is not regulated by the financial services regulatory authority in India, which means that the company lacks regulation from its registration site. Moreover, the current status shows that activities like transferring and updating are prohibited.

Is Dealmoney Legit?
Is Dealmoney Legit?
Is Dealmoney Legit?

What Can I Trade on Dealmoney?

Tradable Instruments Supported
Equity✔
Commodity✔
Currency✔
Mutual Fund✔
Insurance✔
Real Estate✔
Indice❌
Cryptocurrency❌
Bond❌
Option❌
What Can I Trade on Dealmoney?

Account Type

In Dealmoney, clients can open a Demat Account or a free demo account.

Account Type

Trading Platform

4 types of channels are available for trading: Branch Network, Online (web), Centralised Call, and Trade & Using (mobile).

Trading Platform

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Editer
more than one year
Dealmoney's brokerage fees are relatively low, which is a plus. However, I recently encountered a situation where dividend payments were delayed. The issue is currently being addressed, but it has been a bit of a hassle. Hoping for a swift resolution.
Dealmoney's brokerage fees are relatively low, which is a plus. However, I recently encountered a situation where dividend payments were delayed. The issue is currently being addressed, but it has been a bit of a hassle. Hoping for a swift resolution.
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2024-01-08 10:12
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