Dealmoney

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

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?

Account Type

In Dealmoney, clients can open a Demat Account or a free demo account.

Trading Platform

4 types of channels are available for trading: Branch Network, Online (web), Centralised Call, and Trade & Using (mobile).