Dealmoney Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-11-06 15:59Abstract：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.
| DealmoneyReview Summary | |
| Founded | 2017 |
| Registered Country/Region | India |
| Regulation | No regulation |
| Market Instruments | Equity, Commodity, Currency, Mutual Funds, Insurance, Real Estate |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | Branch Network, Online (web), Centralised Call, and Trade & Using |
| Min Deposit | / |
| Customer Support | Phone: 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.
Pros and Cons
| Pros | Cons |
| Various choices of trading products | Lack of regulation |
| Free demo accounts | Not supported by MT4 or MT5 |
| Limited information about trading conditions |
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.
What Can I Trade on Dealmoney?
| Tradable Instruments | Supported |
| Equity | ✔ |
| Commodity | ✔ |
| Currency | ✔ |
| Mutual Fund | ✔ |
| Insurance | ✔ |
| Real Estate | ✔ |
| Indice | ❌ |
| Cryptocurrency | ❌ |
| Bond | ❌ |
| Option | ❌ |
Account Type
In Dealmoney, clients can open a Demat Account or a free demo account.
Trading Platform
4 types of channels are available for trading: Branch Network, Online (web), Centralised Call, and Trade & Using (mobile).
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