Score

1.52 /10
Danger

INTERSTATE

Nigeria

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.06

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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

INTERSTATE · Company summary

General Information

The founder and pioneer chairman of Interstate Securities Limited (ISL), Late Chief (Dr.) Samuel Oyewole Asabia, formed the company in 1984. In March 1985, ISL started operating as a trading member of the Nigerian Exchange Limited. The Company is registered as a Broker/Dealer and an Issuing House with the Securities and Exchange Commission. ISL also holds an FMDQ Trading License.

Investment Products

ISL trades on the floors of the Nigerian Exchange Limited (The Exchange) on a daily basis, purchasing and selling shares of listed companies in accordance with the policies and guidelines established by the regulatory bodies to oversee such transactions.

ISL is authorized to trade in shares of public businesses that aren't listed on the Exchange since it is also registered to do so in the “Over The Counter” market. ISL will make its Order Management System (OMS) platform, Intertrade, available to its clients upon request. With the most recent cloud-based technology being used, our clients may now individually initiate and execute transactions using their own devices from anywhere in the globe.

Corporate Finance

Capital Financing

Investments & Capital Budgeting

Planning finances

Capital raising

Brokerage Services

ISLs brokerage services cover Stockbroking and trading in fixed income securities such as Bonds.

Customer Support

This broker doesnt have much customer support for their clients. They have a form where clients can fill out complaints available on their website. They also have the following contact information available.

+234 (01) 2707274-5

+234 8143815548

14B, Keffi Street, South West Ikoyi,Lagos. Custodian House, 9, Onireke Residential layout, ibadan.

info@interstatesecurities.com

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