Maverick Share Brokers Private Ltd
Abstract：Incorporated in 2000, Maverick Share Brokers Private Ltd (“Maverick”) is India-based financial brokerage firm offering its clients a series of investment options, including Foreign Exchange, Options, Commodities, Futures, Shares. Maverick acquired NSE membership in 2001, and it acquired CDSL DP Membership in 2003, then BSE Membership in 2007.
| MaverickReview Summary | |
| Founded | 2000 |
| Registered Country/Region | India |
| Regulation | No regulation |
| Market Instruments | IPOs, Shares, Futures & Options, Commodities, Currency |
| Account Type | Demat, Trading |
| Demo Account | ✔ |
| Leverage | Up to 1:200 |
| Trading Platform | Web, Mobile, Desktop App |
| Min Deposit | $500 |
| Payment Methods | Various methods including bank transfer, UPI, and more |
| Customer Support | Phine:+91 0141-2360627 |
| Email: info@maverickgroup.in | |
| Physical Address: 211, Laxmi Complex M.I.Road, Jaipur | |
Maverick Information
Maverick, founded in 2000, is a dynamic financial services provider registered in India. The trading instruments it provides cover IPOs, Shares, Futures & Options, Commodities, Currency.
Pros and Cons
| Pros | Cons |
| Offers diverse market instruments | Unregulated |
| Multiple channels for customer support | High minimum deposit of up to $500 |
| Demo account available | Lack of specified information regarding accounts |
| No MT4 |
Is Maverick Legit?
It is clear that Maverick is currently unregulated.
What Can I Trade on Maverick?
Maverick offers traders the opportunity to trade stocks, forex, commodities, indices, cryptocurrencies, bonds, derivatives.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Indices | ✔ |
| Bonds | ✔ |
| Derivatives | ❌ |
| Futures | ❌ |
| Options | ❌ |
Account Types
Maverick offers 2 different types of accounts to traders - Demat Account, Trading Account. But there is no more information about accounts on its official website.
Trading Platform
Maverick's trading platform is Web, Mobile, Desktop APP, which supports traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices |
| Web | ✔ | Web |
| Mobile | ✔ | Mobile |
| Desktop APP | ✔ | Web |
| MT4 Margin WebTrader | ❌ | |
| MT5 | ❌ |
Deposit and Withdrawal
Maverick offers a lot of deposit and withdrawal methods.
Clients can choose from options such as bank transfers using NEFT, RTGS, or IMPS, seamless transactions via UPI apps like Google Pay, PhonePe, or Paytm, easy demat account transfers from other brokers, cheque or demand draft submissions, and even cash deposits at specific branches of ICICI Bank and HDFC Bank.
Notably, Maverick does not impose any fees for utilizing these deposit methods.
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