Abstract:BgSE Financials Limited is a Company jointly promoted by Bangalore Stock Exchange Limited and its Trading members, was incorporated in the year 1999 and has been taken over by new promoters in 2016. It allows its traders to trade equities on NSE/BSE in real time via the Internet. Other product and service offering include commodity derivatives, mutual funds and IPOs. It has branch offices in 15 India cities to cover a wide range of investors.
BgSE Review Summary | |
Founded | 1999 |
Registered Country/Region | India |
Regulation | No regulation |
Market Instruments | Equity, derivatives, IPO, mutual fund |
Trading Platform | SmaartTrade Patch, Rupeeseed Trading Software, DNS Flush, etc. |
Customer Support | Live chat; contact form; social platform: Facebook, LinkedIn, YouTube, Instagram, Twitter |
Email: bfsl@bfsl.co.in; enquiry@bfsl.co.in; cs@bfsl.co.in | |
Registered address: No.51, “Stock Exchange Towers”, 1st Cross, J.C.Road, Bangalore - 560 027, Karnataka | |
Phone: 080-66673333, 080-41575234/35 | |
More details of branched can be found at https://www.bfsl.co.in/contact-us |
BgSE Financials Limited is a Company jointly promoted by Bangalore Stock Exchange Limited and its Trading members, was incorporated in the year 1999 and has been taken over by new promoters in 2016. It allows its traders to trade equities on NSE/BSE in real time via the Internet. Other product and service offering include commodity derivatives, mutual funds and IPOs. It has branch offices in 15 India cities to cover a wide range of investors.
Pros | Cons |
Various trading products | No regulation |
Multiple contact channels | Limited info on trading conditions |
Regulation is a crucial aspect of evaluating the legitimacy and reliability of a brokerage firm, and in the case of BgSE, the broker operates without any valid regulatory oversight. The absence of a regulatory framework raises significant concerns regarding the broker's adherence to industry standards, financial transparency, and the protection of client interests.
BgSE is an India-based financial firm who mainly offers investment services to local clients. Their services mainly include in four categories:
Tradable Instruments | Supported |
Forex | ❌ |
Commodities | ✔ |
Indices | ❌ |
Cryptocurrencies | ❌ |
Shares | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ✔ |
BgSE offers serveral trading platforms for traders to execute trades efficiently such as SmaartTrade Patch, Rupeeseed Trading Software, DNS Flush, etc.
More software and user guides can be found and downloaded from the page: https://www.bfsl.co.in/rta#Four4
BgSE enables payment through two main methods: DP - Bills Payment with minimum transfer amount at Rs. 100 and the Indian local online payment through Razorpay.
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