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SGSSL

Regulated
India
,
Since 1995
Last Updated:
36/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
1
Account Types
Regular

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

Bank Transfer

wire transfer
3 days
Fee:
Free
Fee:
Free

Demand Draft

bank transfer
2 days
Fee:
Free
Fee:
Free

Electronic Funds Transfer

bank transfer
2 hours
Fee:
Free
Fee:
Free

Cheque Deposit

bank transfer
3 days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 34%, 2: License 63%, 3: Software 0%, 4: Spread 0%, 5: Account Type 10%, 6: Symbol 0%
Regulation
34%Poor
License
63%Fair
Software
0%Poor
Spread
0%Poor
Account Type
10%Poor
Symbol
0%Poor

Company Information

Full Name:South Gujarat Shares Sharebrokers Ltd.
Founded:1995
Headquarters:India
Enterprise Offices:1offices

Customer Support

Phone:
+91 0261 – 2601296-97
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction and Overview

Within the rapidly changing environment of financial trading, choosing a broker is central to financial success for traders. The fact is that there exists a type of trading broker and financial service firm identified as SGSSL; its intention is to create a venue where individuals and firms will be able to participate within a number of financial markets. Though there is no information regarding SGSSL at a particular level of detail, comprehension of a certain framework and functionality of such brokers is important.

What can be noted is that trading brokers like SGSSL can act as middlemen to ensure that traders get connected to international markets with the help of their trading platforms and tools and services that they provide. This article will discuss the different perspectives that can be derived regarding SGSSL.

Background and History

There is not much information known about the background and founding of the SGSSL. It would be hard to identify the founding details of the company, including the founding year and the headquarters of the company, given that none of this information is known. Nevertheless, firms offering broking services usually develop to cater to the rising demand for simpler and more effective trading solutions.

Despite the fact that there is very little documented history of SGSSL, the fact that the company is involved as a trading broker is indicative of dedication towards making the market and financial services accessible, as is the norm in the industry.

Key Features and Offerings

Even though information regarding the products traded by SGSSL is not well documented, the typical features provided by the trading brokers include support for various instruments aimed at improving the experience of their traders. These instruments may include support for forex, commodities, indices, cryptocurrencies, among others.

In addition, brokers may offer various types of accounts, educational material, and support to suit the different types of traders. It is likely that SGSSL does the same to be competitive, though this is not detailed.

Regulatory Compliance and Licensing

Regulation is an essential component when considering any trading broker. The regulation aspect ensures that the broker is working under set financial rules and regulations. Unfortunately, there is no relevant data on whether the broker, SGSSL, is regulated and has valid licenses.

Without actual regulatory credentials, a client should exercise extreme caution before entering a relationship agreement with the SGSSL.

Regulator

License Number

Status

Limited information available

When considering the factors that contribute to the adoption and

Trading terms like spreads, leverage, and minimum deposits are important considerations for traders. Unfortunately, there is no information about SGSSL's trading terms that can be accessed.

Likewise, the technology used in the trading platform, including execution speed, functionality, and tools, also has a great impact on the overall trading experience. Generally, without any specific information, it is quite hard to judge the capabilities of the SGSSL trading platform.

Trading Condition

Details

Spreads

Limited information available

Leverage

Limited Information Available

Minimum Deposit$

Little data available

Whether I-Series or

No data available

Fee Structure

Additionally

It is essential for traders to comprehend the fee structure in order to assess the cost efficacy of a particular broker. These fees can range from commissions, spreads, deposit and withdrawal fees, among others related to inactivity. Unfortunately, there is no available fee information for the SGSSL.

A client wishing to trade through SGSSL is advised to consult the broker directly regarding any charges that may apply.

Fee Type

Details

Fees Deposits

Few details available

Withdrawal Fees

Limited information available

Commission

Very limited information available

Conclusion

SGSSL is known to be a trading broker and financial service provider, but not much is known about the background, regulatory environment, trading terms, and user experience of the company. A lack of transparency makes it highly relevant to carry out proper due diligence before considering the service of this company as the trading counterpart. Although the broker may provide usual services, those who may be interested in the broker should make contact directly with the SGSSL in order to remove any doubts and ensure their trading and security needs.

Regulatory Licenses

Compliance & oversight

1 license
India
SECTier 1
India#INZ000179137
License Details
Type:Financial Service
License #:INZ000179137
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

1 type
Regular
Standard
Leverage 1:1 • Commission Information not available
Leverage1:1
CommissionInformation not available
1
Total Types
1
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

4 methods
Bank Transfer
Wire Transfer3 min
Deposit
Fee:Free
Min:INR 1,000
Max:INR 500,000
Withdrawal
Fee:Free
Min:INR 1,000
Max:INR 500,000
Ensure that the bank transfer includes all necessary details to identify the client and the purpose of the transfer. Available for clients with bank accounts in India.
Demand Draft
Bank Transfer2 min
Deposit
Fee:Free
Min:INR 1,000
Max:INR 500,000
Withdrawal
Fee:Free
Min:INR 1,000
Max:INR 500,000
Ensure that the demand draft is drawn in favor of SGSSL and includes all necessary details. Available for clients within India.
Electronic Funds Transfer
Bank Transfer2 min
Deposit
Fee:Free
Min:INR 1,000
Max:INR 500,000
Withdrawal
Fee:Free
Min:INR 1,000
Max:INR 500,000
Ensure that the electronic transfer includes all necessary details to identify the client and the purpose of the transfer. Available for clients with bank accounts in India.
Cheque Deposit
Bank Transfer3 min
Deposit
Fee:Free
Min:INR 1,000
Max:INR 500,000
Withdrawal
Fee:Free
Min:INR 1,000
Max:INR 500,000
Ensure that the cheque is drawn in favor of SGSSL and includes all necessary details. Available for clients within India.
4
Free Deposit
4
Instant
0
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with SGSSL: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark SGSSL at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for SGSSL

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

2 sites
🌐
https://ekyc.sgssl.co.in:7505/
Unknown
Active
SSL
🌐
https://ekyc.sgssl.co.in:90
Unknown
Active
SSL
2
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Corporate Network

Enterprise structure & relationships

1 entities

SOUTH GUJARAT SHARES AND SHAREBROKERS LIMITED

India
active

Registration

U65910GJ1995PLC024107

Established

2019-01-17

Comments

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