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No Regulation
Score
1.53 /10
Danger
Sunflower Broking
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
D
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.15
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!
Previous Detection :
2024-12-27
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Sunflower Broking Review Summary | |
| Founded | 2009 |
| Registered Country/Region | India |
| Regulation | Unregulated |
| Trading Products | Stocks equity, currency derivatives, commodities and bullions |
| Demo Account | ❌ |
| Leverage | / |
| Trading Platform | Web-based |
| Min Deposit | / |
| Customer Support | Tel: 18001201740, +91 79 40396993 |
| Email: ipo.upi@npci.org.in, info@sunflowerbroking.com | |
| Facebook, Instagram, Linkedin, Twitter | |
| Address: Sunflower Broking Pvt. Ltd. A-501 Privilon, behind Iscon temple Iscon cross road, SG Highway, Ahmadabad-380015, (Gujarat) India | |
Founded in 2009 and based in India, Sunflower Broking is an unregulated broker offering trading in stocks equity, currency derivatives, commodities and bullions via a web-based platform. Demo accounts are not available and the minimum deposit requirement is not mentioned.
Pros and Cons
| Pros | Cons |
| Trading products | Unregulated |
| No demo accounts | |
| No MT4 or MT5 trading platform | |
| No info related to funding methods and fee schedule |
Is Sunflower Broking Legit?
No. Sunflower Broking is currently not regulated. Please be aware of the risk!
What Can I Trade on Sunflower Broking?
Sunflower Broking offers trading in stocks equity, currency derivatives, commodities and bullions.
| Tradable Instruments | Supported |
| Stocks equity | ✔ |
| Currency derivatives | ✔ |
| Commodities | ✔ |
| Bullions | ✔ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Sunflower Broking offers two kinds of accounts: a lifetime free trading and demat accounts. On their trading platform, you can open more than one account, but with one main member you can open only one trading and demat account.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Webtrader | ✔ | / | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
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