Dealmoney Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-06 15:59

Abstract：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
Customer Support	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	❌