Ganpati

Note: Ganpati's official website: https://www.ganpationline.in/ is currently inaccessible normally.

Ganpati Information

Ganpati, founded in 1998 in India, offers a diverse range of trading assets, including equities, commodities, currencies, and derivatives, along with accessible mobile platforms and various funding options. However, it is unregulated.

Is Ganpati Legit?

Ganpatis domain, ganpati.com, was registered on March 15, 2003, and will expire on March 15, 2025. The broker is not listed under major international regulatory bodies such as the Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC). It is unregulated.

Pros and Cons

What Can I Trade on Ganpati?

Ganpati offers a variety of financial products, including equities, commodities, currencies, and derivatives. Additionally, it provides depository services, COMTRACK, IPOs, mutual funds, and fixed deposits. However, the platform does not support indices trading.

Leverage

Ganpati offers leverage up to 1:5, allowing traders to pay a minimum upfront margin of 20% of the transaction value to participate in the cash market.

Trading Platform

Ganpati offers two mobile trading platforms: Mobi-Trade and Tab-Trade, which allow trading on smartphones and tablets. They are suitable for traders seeking flexibility and who prefer to manage their investments remotely through mobile devices.

Deposit & Withdrawal

Traders can fund their accounts through online bank transfers using any of the 21 banks listed on the trading portal. Additionally, they must register their bank accounts with Ganpati, ensuring that the accounts are in their name. They also have the option to add multiple bank accounts for increased flexibility.