What is HPMG?
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, Mutual Funds investment, NRIs (Non-Resident Indians) Offerings, and Fixed Deposits & Bonds. The company provides clients with access to trading through its Web Platform and Mobile Platform, allowing investors to manage their portfolios and execute trades conveniently from any internet-enabled device.
Pros & Cons
Pros:
Multiple Market Instruments: The platform offers diverse Market Instruments, including Equity & lPO, Derivatives, Portfolio ManagementService, Mutual Funds, NRl Offerings, and Fixed Deposit & Bonds, catering to various trading needs and experience levels.
Multiple Customer Support Channels: HPMG provides various customer support channels including phone, email, address, and contact form, enhancing accessibility and assistance for clients.
Cons:
Is HPMG Legit or a Scam?
HPMG currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.
Market Instruments
HPMG provides a diverse range of trading instruments to cater to the varied investment needs of its clients. These instruments include Equity & IPO offerings, allowing investors to participate in the stock market and capitalize on opportunities in initial public offerings. Additionally, HPMG offers Derivatives, enabling traders to hedge risk or speculate on the price movements of underlying assets.
For those seeking professional management of their investments, HPMG provides Portfolio Management Services, offering tailored strategies to suit individual risk profiles and financial goals. The availability of Mutual Funds further enhances investment options, providing access to professionally managed portfolios diversified across various asset classes.
Moreover, HPMG facilitates NRIs (Non-Resident Indians) with specialized offerings, ensuring they can efficiently manage their investments in India. Lastly, Fixed Deposits & Bonds provide conservative investment avenues with steady returns, appealing to investors seeking stability in their portfolios.
How to Open an Account?
Trading Platforms
HPMG provides its clients with convenient access to trading through its versatile platforms, available both on the web and mobile devices.
The Web Platform offers a robust and intuitive interface, allowing users to execute trades, monitor their portfolios, and access market data seamlessly from any internet-enabled device. Meanwhile, the Mobile Platform caters to the on-the-go needs of modern traders, enabling them to stay connected to the markets and manage their investments from anywhere, at any time.
Customer Service
HPMG provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.
Phone: +91 022 62317600
Email:info@hpmgshares.com
Address:B-201/202, Rajkamal, S.V Road Next to Shreeji Arcade, Kandivali (West)
Contact form
You can refer to the screenshot below for more details.
Conclusion
In conclusion, HPMG offers an extensive range of trading instruments, multiple trading platforms, and a comprehensive and accessible customer support network, making it an advantageous platform for various investors with varying investment styles and goals. However, the lack of valid regulation raises significant concerns about the safety and trustworthiness of the platform.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.