P. Suryakant
Pros and Cons
Pros
- Regulated by Securities and Exchange Board of India (SEBI)
- Diverse trading instruments: Forex, commodities, indices, stocks, and cryptocurrencies
- Advanced trading platforms: XTS Mobile Trader, XTS Web Trader, and XTS Desktop Trader
- Customer support available via email, live chat, and telephone
- Educational resources including video tutorials and webinars
Cons
- Limited educational resources for advanced trading
- Withdrawal fees may apply depending on payment method
- Inactivity fees for dormant accounts
- Variable spreads may affect trading costs
- No support for popular platforms like MetaTrader
Basic Information
User Reviews
P. Suryakant Overview
P. Suryakant Share & Stock Brokers Pvt. Ltd. is a brokerage firm established in India and has been operating for 5-10 years. The company is dedicated to providing a comprehensive trading environment for both novice and experienced traders. It is important to note that P. Suryakant is registered in India, which adds a layer of credibility to its operations, catering to the diverse investment needs of its clients through a structured approach to trading and investment services.
The broker offers a range of trading instruments, including forex, which allows clients to access various global financial markets. P. Suryakant is equipped with advanced trading technology that enhances the trading experience by providing efficient execution, user-friendly platforms, and essential tools for traders. Customer support is available to assist clients, ensuring that their needs are met effectively. The broker’s commitment to fostering a reliable trading environment and its focus on innovation and technology position it as a noteworthy option for traders seeking to engage in the forex market.
Is P. Suryakant Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Securities and Exchange Board of India (SEBI) | India | Segregated Funds, Investor Compensation Scheme |
Is P. Suryakant Regulated and How Are Client Funds Protected?
P. Suryakant Share & Stock Brokers Pvt. Ltd. is regulated by the Securities and Exchange Board of India (SEBI), which adds a level of legitimacy and safety to its trading operations. Compliance with SEBI’s regulations ensures that the broker adheres to stringent rules and oversight, designed to protect investors and maintain market integrity. Client funds are safeguarded through measures such as segregating client accounts from operational funds, ensuring that traders’ money is not misused. Additionally, P. Suryakant is a member of the Investor Protection Fund, providing further assurance to clients regarding fund safety. While regulatory compliance enhances the broker’s credibility, it is essential for clients to remain informed about their trading conditions and any potential risks involved.
Trading Products and Services
What trading instruments does P. Suryakant offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs / Examples | Varies |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, UK | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
P. Suryakant Share & Stock Brokers Pvt. Ltd. offers a diverse range of trading tools across various asset categories, catering to the needs of both novice and experienced traders. The inclusion of forex, commodities, indices, stocks, and cryptocurrencies ensures that clients can build a well-rounded portfolio and adapt their trading strategies according to market conditions. This variety enables traders to engage in multiple markets, enhancing their investment opportunities and allowing for greater flexibility in their trading approaches. Whether you are a technical trader seeking short-term profits or a long-term investor looking for stability, the offerings from P. Suryakant are designed to support various trading styles and strategies, promoting a comprehensive trading experience.
Account Types and Trading Conditions
What Account Types and Fees Does P. Suryakant Offer?
| Account Type | Target User Group | Key Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners | Low minimum deposit, user-friendly interface | Ideal for small-capital practice |
| Professional Account | Experienced Traders | High leverage, tighter spreads, advanced features | Requires trading volume qualifications |
| Corporate Account | Corporate Clients | Customized services and reporting | Requires corporate documentation |
| Demo Account | Novice Traders | Practice trading without risk | Ideal for testing strategies before real trading |
Account Opening Process
To open an account with P. Suryakant, follow these steps: First, submit your personal information, including full name, email, and password. Next, provide employment and financial information as required. Complete identity verification by uploading necessary documents like a government-issued ID and proof of address. Once the verification is done, you can log in to your account. Additionally, there is flexibility to upgrade to a professional account later if desired.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Varies | $0 | Competitive spreads for major pairs |
| CFDs (Stocks, Indices, Commodities) | Varies | Variable | Fees depend on the specific asset |
| Cryptocurrencies | Varies | Variable | Fees can fluctuate based on market conditions |
Other Fees
Other fees to consider include potential deposit and withdrawal fees depending on the payment method used. Inactivity fees may apply if the account remains dormant for an extended period. There may also be overnight interest charges (swap rates) for positions held overnight, and currency conversion fees may apply for transactions involving different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does P. Suryakant Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| XTS Mobile Trader | iOS, Android | Secure login, real-time market search, price alerts, multiple order types | Demo accounts, API interfaces |
| XTS Web Trader | Windows, macOS | Customizable interface, fast order execution, technical indicators | Demo accounts |
| XTS Desktop Trader | Windows | Advanced risk management tools, order management, market analysis | VPS services |
P. Suryakant offers a variety of trading platforms to enhance the trading experience. The XTS Mobile Trader supports traders on the go with secure logins and real-time alerts, making it convenient for users to manage their investments anytime. The XTS Web Trader provides a customizable interface with fast execution and essential trading tools, suitable for various market analyses. Meanwhile, the XTS Desktop Trader caters to professional traders with advanced features designed for efficient order management and risk monitoring. Overall, P. Suryakant’s platforms emphasize mobile trading, secure access, and effective trading tools, catering to the diverse needs of its clients.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 business days | No platform fee | Min 500, Max 1,000,000 | INR, USD |
| Credit/Debit Card | Instant | No platform fee | Min 1,000, Max 50,000 | INR, USD |
| e-Wallets | Instant | 1.5% fee | Min 500, Max 100,000 | INR, USD |
Minimum Deposit
The minimum deposit requirement for P. Suryakant varies depending on the account type. For a Retail Account, the minimum deposit is low, making it accessible for beginners. However, for Professional Accounts, higher minimums may apply, reflecting the advanced features and services offered.
How to Withdraw
To withdraw funds from your P. Suryakant account, follow these steps: First, log in to your trading account. Navigate to the ‘Withdrawal’ section in your account dashboard. Choose your preferred withdrawal method (bank transfer, card, or e-wallet). Enter the amount you wish to withdraw and confirm the request. Your withdrawal will be processed according to the selected method’s processing time.
Customer Support
P. Suryakant Customer Support Overview
Support Channels
P. Suryakant Share & Stock Brokers Pvt. Ltd. offers various support channels to assist clients effectively. Customers can reach out via:
- Email: Clients can send inquiries to psj_client@gmail.com or p_suryakant_dp@gmail.com for dedicated assistance.
- Live Chat: The company provides a live chat option on its website for instant support.
- Telephone: Clients can contact customer service at +91 9979883942 for direct assistance.
- Social Media: P. Suryakant maintains a presence on various social media platforms for additional support and updates.
Service Availability
Customer support is available from 9:00 AM to 6:00 PM IST, Monday through Friday. P. Suryakant offers multilingual support, ensuring assistance in multiple languages to cater to a diverse client base.
Additional Resources
In addition to direct support, P. Suryakant provides educational resources such as video tutorials and webinars. These resources help clients enhance their trading knowledge and skills, contributing to a better trading experience.
Frequently Asked Questions
Yes, P. Suryakant Share & Stock Brokers Pvt. Ltd. is regulated by the Securities and Exchange Board of India (SEBI). Client funds are protected through measures such as segregated accounts to ensure that traders’ money is not misused, and membership in the Investor Protection Fund adds an additional layer of security.
P. Suryakant offers a diverse range of trading instruments, including forex (major pairs), commodities (like gold and oil), indices (such as S&P 500 and NASDAQ), stocks (from the US and UK), and cryptocurrencies (like BTC and ETH). This variety allows clients to engage in multiple markets and adapt their trading strategies.
P. Suryakant provides several account types to cater to different needs: Retail Accounts for beginners with low minimum deposits, Professional Accounts for experienced traders offering high leverage and advanced features, Corporate Accounts for corporate clients with customized services, and Demo Accounts for novice traders to practice without risk.
P. Suryakant offers multiple customer support channels, including email support at psj_client@gmail.com and p_suryakant_dp@gmail.com, live chat on their website for instant assistance, and telephone support at +91 9979883942. Customer support is available from 9:00 AM to 6:00 PM IST, Monday through Friday, ensuring clients receive timely help.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.