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No Regulation
Score
1.53 /10
Danger
DP
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.16
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2025-01-01
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| DP Review Summary | |
| Founded | 1996 |
| Registered Country/Region | India |
| Regulation | Not regulated |
| Market Instruments | NSE Cash, NSE Equity Derivatives, NSE Currency Derivatives, BSE Cash, BSE Equity Derivatives, MCX Commodities |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | / |
| Min Deposit | / |
| Customer Support | Phone: 040 49 49 99 79 |
| E-mail: info@dpsec.com | |
| Address: Durga Prasad & Company 307, Pancom Business Centre Ameerpet X Roads, Hyderabad Andhra Pradesh, India - 500073. | |
DP Information
With NSE, BSE, and MCX memberships, Durga Prasad & Co. provides financial services in Telangana and Andhra Pradesh since 1996. The organisation has its headquarters in Hyderabad and branches in major cities across both states.
Pros and Cons
| Pros | Cons |
| Established presence since 1996 | Unregulated |
| Access to multiple markets (NSE, BSE, MCX) | Lack of information on leverage, spreads, and platform |
| Strong regional presence with branches | Limited online resources or demo account |
Is DP Legit?
DP (Durga Prasad & Co) is not regulated by any financial authority in India or internationally by well-known regulatory bodies like the FCA in the UK, ASIC in Australia, or SEC in the US.
Registered on August 16, 2006, the domain dpsec.com shows a consistent domain presence since its present registration status is kept until August 16, 2029.
What Can I Trade on DP?
Durga Prasad & Co provides commodities, derivatives, and stocks among other trading choices spread over several sectors. By means of memberships in NSE, BSE, and MCX, the broker grants access to many marketplaces.
| Tradable Instruments | Supported |
| NSE Cash | ✔ |
| NSE Equity Derivatives | ✔ |
| NSE Currency Derivatives | ✔ |
| BSE Cash | ✔ |
| BSE Equity Derivatives | ✔ |
| MCX Cash | ✔ |
| MCX Equity Derivatives | ✔ |
| MCX Currency Derivatives | ✔ |
| Commodities | ✔ |
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