Oyster Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-05 13:38

Abstract：OysterSecurities Investment Company (Oyster Fincap Pvt Ltd), established in 2010, is among India's leading brokerage firms, specializing in proprietary business and high-net-worth individual (HNI) clients. It holds memberships in both the National Stock Exchange of India (NSE)and the Bombay Stock Exchange (BSE). However, it is not regulated.

Oyster Review Summary
Founded	2010
Registered Country/Region	India
Regulation	Unregulated
Services	Equity securities, derivatives (such as futures and options), debt securities, securities lending and stock borrowing
Demo Account	❌
Trading Platform	/
Min Deposit	/
Customer Support	Tel: +91 22 4334 6500
	Email: grievances@oysterfincap.com/ kailashvyas@oysterfincap.com
	Fax:+91 22 4334 6505
	Address: Oyster Fincap Pvt. Ltd.,803, Raheja Centre, Nariman Point, Mumbai – 400 021 (India)

　　Oyster Securities Investment Company (Oyster Fincap Pvt Ltd), established in 2010, is among India's leading brokerage firms, specializing in proprietary business and high-net-worth individual (HNI) clients. It holds memberships in both the National Stock Exchange of India (NSE)and the Bombay Stock Exchange (BSE). However, it is not regulated.

Pros and Cons

Pros	Cons
Multiple financial services related to securities	Unregulated
	No demo accounts
	Limited information related to transaction

Is Oyster Legit?

　　No, Oyster is a unregulated broker. Besides, the domain oysterfincap.com was registered on July 22, 2010. Its current status is “clientTransferProhibited”.

What Can I Trade on Oyster?

　　Oyster offers services in equity securities, derivatives (such as futures and options), debt securities, securities lending and stock borrowing.

Account Type

　　Oyster offers two kinds of accounts: NSDL Depository account and CSDL Depository account.You can pledge shares through the New Pledge Margin System through these two accounts.