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BgSE-Some important Details about This Broker

WikiFX | 2025-07-15 10:41

Abstract：BgSE is a financial services institution that provides investors with multi-market and multi-category transaction brokerage services covering a wide range of financial products and services. It offers omnichannel trading support and online account management. However, its business layout for commodities and mutual fund services relies on external platforms. It is suitable for individual and institutional clients seeking diversified investment channels.

BgSE Review Summary
Registered	2006
Registered Country/Region	India
Regulation	No Regulation
Market Instruments	Equities, Commodities, Mutual funds, IPO, Futures & Options
Demo Account	❌
Leverage	/
Spread	/
Trading Platform	NSE/BSE, NSE, BSE, MCX, NCDEX
Minimum Deposit	/
Customer Support	080-66673333, 080-41575234/35
	bfsl@bfsl.co.in, enquiry@bfsl.co.in
	Facebook, Twitter, LinkendIn, Instagram, YouTube

BgSE Information

BgSE is a financial services institution that provides investors with multi-market and multi-category transaction brokerage services covering a wide range of financial products and services. It offers omnichannel trading support and online account management. However, its business layout for commodities and mutual fund services relies on external platforms. It is suitable for individual and institutional clients seeking diversified investment channels.

Pros and Cons

Pros	Cons
Multi-market instruments	No Regulation
Online account management	Service intermediacy (commodities accessed through affiliated institutions)
Long operational history	Unclear fee rates

Is BgSE Legit?

BgSE is unregulated, even though it claims to be a corporate member of NSE and BSE, regulated by the Securities and Exchange Board of India (SEBI).

What Can I Trade on BgSE?

Tradable Instruments	Supported
Equities	✔
Commodities	✔
Mutual funds	✔
IPO	✔
Futures & Options	✔
Shares	❌
ETFs	❌
Bonds	❌

Account Type

It provides Trading Accounts and Demat Accounts, supporting individual and institutional clients.

Account Type	Supported
Trading Account	✔
Demat Account	✔

Trading Platform

Full market coverage of NSE/BSE: Cash equities, futures and options (F&O).

Supports real-time mobile/internet trading, covering NSE, BSE, MCX (Multi Commodity Exchange), and NCDEX (National Commodity & Derivatives Exchange).

Trading Platform	Supported	Available Devices	Suitable for
NSE/BSE	✔	/	/
NSE, BSE, MCX	✔	Mobile, Web	/
NCDEX	✔	Mobile, Web	/

Broker Dealer Stock

Related broker

No Regulation

BgSE

Company name：BgSE Financials Ltd.

Score

1.57

Website：https://www.bfsl.co.in

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.57

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