Home -
Arpico -

Score

1.52 /10
Danger

Arpico

Sri Lanka

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

http://www.arpico.com

Influence

C

Add brokers

Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.10

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

open now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2025-01-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Arpico · Company summary
Arpico Review Summary
Founded1932
Registered Country/RegionSri Lanka
RegulationUnregulated
ServicesInsurance, stock broking, financial services, fund management
Customer SupportTel: +94 (0) 11 4 310 500; +94 (0) 11 4 310 777
Email: cpu@arpico.com
Physical address: Richard Pieris And Company PLC. No.310, High Level Road, Nawinna, Maharagama, Sri Lanka
Richard Pieris Group Services (Pvt.) Limited. No. 310, High Level Road, Nawinna, Maharagama, Sri Lanka
Ernst & Young Chartered Accountants No. 201, De Saram Place, Colombo 10, Sri Lanka

Richard Pieris and Company (ARPICO), established in 1940, is one of Sri Lanka's largest conglomerates with expertise in manufacturing, engineering, retail, and plantation industries. It offers services in insurance, stock broking, financial services, and fund management. However, it is currently unregulated by oversight institutions.

Arpico's homepage

Pros and Cons

Pros Cons
Long history of operationNo regulation
Various financial servicesLimited info on trading conditions

Is ArpicoLegit?

No, Arpico lacks legal regulation from oversight institutions, which raises concerns about the company's operations and compliance with industry standards.

No license

Services

Insurance: Provides a range of insurance products including endowment, term assurance, education, hospitalization, investment, group assurance, and loan protection plans.

Stock Broking: Delivers services such as online trading, investment advice, trade executions, margin trading, equity trading, and research.

Financial Services: Offers fixed deposits, savings deposits, leasing, hire purchase, term loans, and Islamic finance solutions.

Fund Management: Covers investment banking, private wealth management, fund management, corporate advisory, and tax & legal services.

User Reviews

More

User comment

1

Comments

Write a review

breav
more than one year
This Arpico obviously found the wrong person. I am not the client they are looking for. But here is the question: why would they still keep calling me? I am a day trader who has no interest in their products at all.
This Arpico obviously found the wrong person. I am not the client they are looking for. But here is the question: why would they still keep calling me? I am a day trader who has no interest in their products at all.
Translate to English
2023-03-07 09:58
Reply
0
0