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No Regulation
Score
1.53 /10
Danger
HPMG
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
D
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.17
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
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
open now
Check whenever you want
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Warning: Low score, please stay away!
Previous Detection :
2025-01-09
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| HPMG Review Summary | |
| Founded | 2008 |
| Registered Country/Region | India |
| Regulation | Unregulated |
| Products & Services | Equity & IPO, Derivatives, Portfolio Management Service, Mutual Funds, NRI Offerings, Fixed Deposit & Bonds |
| Demo Account | ❌ |
| Leverage | / |
| Trading Platform | BOLTPllusOnWeb, HPMG Client, HPMG Solo and web browser trading platforms |
| Min Deposit | / |
| Customer Support | Contact form |
| Tel: +91 022 62317600 | |
| Email: info@hpmgshares.com | |
| Facebook, Twitter, Linkedin | |
| Address: B-201/202, Rajkamal, S.V Road Next to Shreeji Arcade, Kandivali (West), Mumbai - 400 067 | |
HPMG is an unregulated financial services provider based in India. Established in 2008, HPMG offers a variety of investment services, including Equity & IPO trading, Derivatives trading, Portfolio Management Services and so on through four kinds of trading platform. Nevertheless, it is not a regulated broker.
Pros and Cons
| Pros | Cons |
| Multiple tradable instruments | Unregulated |
| Diverse trading platforms | No demo accounts |
| Multiple contact channels | No information related to funding and fee charges |
Is HPMG Legit?
No, HPMG is not a regulated broker. Please be aware of the risk!
Products and Services
HPMG offers equity & IPO, derivatives, portfolio management service, mutual funds, NRI offerings, and fixed deposit & bonds. The products offerings of equity & IPO includes cash, margin, gold ETF and so on.
Trading Platform
HPMG offers BOLTPllusOnWeb, HPMG Client, HPMG Solo and web browser trading platforms.
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