Score

1.53 /10
Danger

Vedika Securities

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.14

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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Vedika Securities · Company summary
Vedika Securities Review Summary
Founded2004-03-03
Registered Country/RegionIndia
RegulationUnregulated
BusinessEquities, Derivatives, Currency, Depository, MFS, and FDS
Demo AccountNot mentioned
Trading PlatformEsseps
Customer SupportPhone: 91 33 2223 7777
Email:info@vedikasecurities.netgrievances@vedikasecurities.net
Online chat(Grievance)

Vedika Securities Information

Vedika Securities is a brokerage firm providing clients and sub-brokers with the best investment solutions in the stock market. Vedika Securities partners with NSE exchange and provides multiple asset services, including equities, derivatives, currency, depository, MFS, and FDS.

Pros and Cons

ProsCons
Various asset services: equities, derivatives, currency, etc.Unregulated

Vedika Securities Business

Vedika Securities provides multiple asset services involving equities, derivatives (futures & options), currency, depository (mutual fund), MFS (fixed deposits & bonds), and FDS (structured products & commodities).

BusinessSupported
Equities
Derivatives (Futures & Options)
Currency
Depository (Mutual Fund)
MFS (Fixed Deposits & Bonds)
FDS (Structured Products & Commodities)

Is Vedika Securities legal?

Vedika Securities is not regulated.

Is Vedika Securities legal?
Is Vedika Securities legal?

Online Accounts

AccountsSupported
Client Login
Branch Login
Backoffice Login
Online Accounts

Vedika Securities Fees

15-50% of the income is regarded as a cost and Loss requires a transaction fee of 28% of the loss amount.

Vedika Securities Fee

Vedika Securities Platfrom

Vedika Securities has a proprietary platform – Esseps to trade.

Vedika Securities platfrom

Customer Support Options

Vedika Securities can grievance through live chat and emails, while traders can contact Vedika Securities via phone and email.

Contact Options Details
Phone 91 33 2223 7777
Email info@vedikasecurities.netgrievances@vedikasecurities.net
Online chat(Grievance)
Supported Language English
Website Language English
Physical Address 2B, Sambhunath Pandit Street, Kolkata:700 020
Customer Support Options

User Reviews

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User comment

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Comments

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FX1583526247
more than one year
They cancel stop-loss orders over the weekends, leaving my trades unprotected. On top of that, they suggested I pump in more money to avoid margin calls or close my positions early on Fridays. It felt like they were pressuring me into risky moves. Not cool at all. Doubts about their reliability and transparency linger after this experience.
They cancel stop-loss orders over the weekends, leaving my trades unprotected. On top of that, they suggested I pump in more money to avoid margin calls or close my positions early on Fridays. It felt like they were pressuring me into risky moves. Not cool at all. Doubts about their reliability and transparency linger after this experience.
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2024-01-01 23:04
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