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WikiFX | 2026-04-20 23:20

Abstract：HPMG is an unregulated financial services provider based in India. Established in 2008, HPMG offers a variety of investment services, including Equity & IPO trading, Derivatives trading, Portfolio Management Services and so on through four kinds of trading platform. Nevertheless, it is not a regulated broker.

HPMG Review Summary
Founded	2008
Registered Country/Region	India
Regulation	Unregulated
Products & Services	Equity & IPO, Derivatives, Portfolio Management Service, Mutual Funds, NRI Offerings, Fixed Deposit & Bonds
Demo Account	❌
Leverage	/
Trading Platform	BOLTPllusOnWeb, HPMG Client, HPMG Solo and web browser trading platforms
Min Deposit	/
Customer Support	Contact form
	Tel: +91 022 62317600
	Email: info@hpmgshares.com
	Facebook, Twitter, Linkedin
	Address: B-201/202, Rajkamal, S.V Road Next to Shreeji Arcade, Kandivali (West), Mumbai - 400 067

HPMG is an unregulated financial services provider based in India. Established in 2008, HPMG offers a variety of investment services, including Equity & IPO trading, Derivatives trading, Portfolio Management Services and so on through four kinds of trading platform. Nevertheless, it is not a regulated broker.

Pros and Cons

Pros	Cons
Multiple tradable instruments	Unregulated
Diverse trading platforms	No demo accounts
Multiple contact channels	No information related to funding and fee charges

Is HPMG Legit?

No, HPMG is not a regulated broker. Please be aware of the risk!

Products and Services

HPMG offers equity & IPO, derivatives, portfolio management service, mutual funds, NRI offerings, and fixed deposit & bonds. The products offerings of equity & IPO includes cash, margin, gold ETF and so on.

Trading Platform

HPMG offers BOLTPllusOnWeb, HPMG Client, HPMG Solo and web browser trading platforms.

Blockchain

Related broker

Not Regulated

HPMG

Company name：HPMG Shares & Security PVT Ltd

Score

1.58

5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

Score

1.58

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