User Reviews
More
User comment
0
CommentsWrite a review
No comment yet
No Regulation
Score
1.42 /10
Danger
SBJ
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 Index6.34
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
Download App for complete information
Warning: Low score, please stay away!
2
Previous Detection :
2025-10-07
- 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!
WikiFX Verification
| SBJ Review Summary | |
| Founded | 2018 |
| Registered Country/Region | India |
| Regulation | No Regulation |
| Market Instruments | Equities, Commodities, Forex, Metals, Energy, Futures & Options |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | EIPO, ODIN, Blaze |
| Minimum Deposit | / |
| Customer Support | Phone: 9358000981 |
| Email: office@sbmcpl.co.in | |
| Social Media: Instagram, Facebook, LinkedIn, Twitter, WhatsApp | |
| Company Address: 112-Basant Kunj, Near Shiv Chowk, Sri Ganganagar, Rajasthan 335001 | |
SBJ Information
SBJ is an Indian financial services firm specializing in a comprehensive range of investment products, including equity, commodities, forex, metals, energy, futures, and options. The platform operates on multiple trading platforms: EIPO, ODIN, and Blaze.
Pros and Cons
| Pros | Cons |
| Various trading platforms | Not licensed |
| Multiple tradable assets | Single account type |
| Demo accounts unavailable | |
| Commission charged | |
| No MT4/MT5 | |
| No info on deposit and withdrawal |
Is SBJ Legit?
Currently, SBJ has not been regulated by any notable authorities. It will be dangerous for you to operate a business on this platform.
What Can I Trade on SBJ?
SBJ offers a diverse range of market instruments, including Equity, Commodities, Forex, Metals, Energy, Futures & Options.
| Trading Asset | Available |
| equities | ✔ |
| forex | ✔ |
| commodities | ✔ |
| metals | ✔ |
| energies | ✔ |
| futures & options | ✔ |
| indices | ❌ |
| cryptocurrencies | ❌ |
| bonds | ❌ |
| funds | ❌ |
| ETFs | ❌ |
Account Type
SBJ only offers a standard account.
Fees
SBMCPL adopts a transparent pricing model:
- Account Opening: ₹0 (zero AMC for account opening in exchange).
- Equity Delivery & Intraday: ₹20 per trade.
- F&O, Currency, and Commodity: ₹0 per
- Mutual Funds & IPOs: ₹10 per transaction.
For further information, please go to https://www.sbmcpl.co.in/pricing/
Trading Platform
SBJ offers access to three trading platforms, EIPO, ODIN, and Blaze.
EIPO: A digital platform for easy IPO applications and real-time status tracking.
ODIN: An all-in-one trading platform for stocks, currencies, and commodities with advanced tools.
Blaze: A mobile app for seamless trading with support for algorithmic and intraday strategies.
| Trading Platform | Supported | Available Devices | Suitable for |
| EIPO | ✔ | / | / |
| ODIN | ✔ | Desktop | / |
| Blaze | ✔ | Mobile | / |
| MT5 | ❌ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | Desktop, Mobile, Web | Beginners |
start to write first comment