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No Regulation
Score
1.49 /10
Danger
Reliance
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.85
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-22
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
General Information & Regulation
Reliance Commodities limited is a registered trading and clearing member of major multi commodity exchanges in India, offering trading across all actively traded contracts. National Commodity & Derivative Exchange Limited (NCDEX) SEBI Registration Number: NZ000064939 Member Code: 647. Multi Commodity Exchange of India Ltd (MCX) SEBI Registration Number: INZ000064939 Member Code: 29030 Corporate Identity Number: U51100MH2005PLC154611. Reliance Commodities has corporate and retail traders. Trading is not done like normal brokers, this broker enters the trades for the clients via two factor authorization code. The Corporate Desk also helps in execution of hedge strategy and continuous monitoring of client positions. The physical desk offers procurement services to corporate clients having exposure in agricultural commodities.
Market Instruments
The broker mainly trades NCDEX and MCX.
Account Types
It seems the accounts types are corporate and retail accounts.
Trading Platform
Te trading platforms used are Insta Xpress and Insta Plus.
Customer Services
8.00 am to 8.00 pm (Monday to Friday)
10.00 am to 6.00 pm (Saurday)
*Closed on Sundays and Public Holiday
Call: 022 39589700
Email:customer.support@reliancecommodities.co.in
Partner Desk : 022 39896789
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