Score

1.52 /10
Danger

DP TradeKING

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.08

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

DP TradeKING · Company summary

General Information & Regulation

DP TradeKING, a trading name of DP TradeKING Private Limited, is allegedly a suspicious regulated stock broker registered in India and started to operate on the 23rd of April. The broker claims that it provides both offline and online services to its customers, as well as trading with numerous tradable products on its own-designed trading platforms.

Products

DP TradeKING advertises that it offers a wide range of products including IPO & NFO, Equity, Derivatives, Currency, Commodities, Securities Landing and Borrowings, Index Long Term Strategy, Mutual Funds, Stock SIP, Fixed Income Products, Depository Services, Exchange Traded Funds, Corporate Fixed Deposits, Unclaimed Assets and Insurance.

Trading Platform Available

Platforms available for trading at DP TradeKING are DP TRADE Touch, DP TRADE Pro, WealthEVATOR Touch, WealthEVATOR Web and e-IPO Platform. DP TRADE Touch is advertised as a smart platform that allows traders to trade from Android and iOS devices anytime and anywhere. DP TRADE Pro is an EXE-based multi-segment trading platform with state-of-the-art charting tools, reminders, etc. WealthEVATOR Touch and WealthEVATOR Web are both online mutual fund platforms. While the e-IPO Platform is equipped with a share buyback and delisting, and an easy-to-use web interface which allows traders to streamline their IPO biddings.

Trading

Trading

Trading

Trading

Trading

Deposit & Withdrawal

DP TradeKING says that its clients can transfer online funds using the e-CMS facility. More details can be found in the below screenshot.

Deposit

Customer Support

DP TradeKINGs customer support can be reached by telephone: 1800-233-2726, +91 2692 246500, email: info@dptradeking.com. Besides, you can also follow this broker on some social media platforms such as Twitter, Facebook, Instagram, YouTube and LinkedIn. Registered Address: 3rd Floor, Silver Oak, Opp. Panchal Hall, Town Hall Road, Anand - 388 001, Gujarat, INDIA.

User Reviews

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Mid2.DKk
more than one year
Another issue that I faced was the lack of transparency around their trading conditions, such as the execution speed and slippage. This made it difficult for me to evaluate the quality of their trading services.
Another issue that I faced was the lack of transparency around their trading conditions, such as the execution speed and slippage. This made it difficult for me to evaluate the quality of their trading services.
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2023-04-04 09:42
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Peacemind326
more than one year
I tried out DP TradeKING and there were some things I liked, but overall I wasn't too happy with it. On the plus side, they offer a good range of products so you can invest in whatever you like. But the trading fees are really high, and there are some sneaky fees too like annual account maintenance fees and platform usage fees. Plus, the minimum investment amount is way too high for most people to afford. Personally, I didn't have a great experience trading on this platform.
I tried out DP TradeKING and there were some things I liked, but overall I wasn't too happy with it. On the plus side, they offer a good range of products so you can invest in whatever you like. But the trading fees are really high, and there are some sneaky fees too like annual account maintenance fees and platform usage fees. Plus, the minimum investment amount is way too high for most people to afford. Personally, I didn't have a great experience trading on this platform.
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2023-04-03 18:40
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