Investsmart Information
Investsmart, formally known as Invest Smart Stock Brokers Pvt. Ltd., was incorporated in 2009-10 and is a member of NSE and BSE across all segments, including Cash, Derivatives, and Currency. It also functions as a Depository Participant. The company provides a range of financial products and services such as equity, equity derivatives, commodities, currency derivatives, demat services, and IPOs.
However, investors should be aware of concerns regarding its lack of regulatory oversight, which can pose significant risks and warrant careful consideration.
In the following article, we will analyse the characteristics of this company in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.
Pros & Cons
Pros:
Comprehensive Financial Services: Investsmart offers a wide range of services including equity, derivatives, commodities, currency derivatives, demat services, and IPOs.
Multiple Trading Platforms: The firm provides Boltplus for Windows and iOS users, and the BSEIndia app for Android users.
Cons:
Lack of Regulatory Oversight: Investsmart operates without regulation from financial authorities, posing risks for investors.
Inactive Social Media Links: Listed social media links on their website do not direct to active pages.
Limited Transparency on Trading Conditions: Limited transparency on trading conditions such as trading fees can obscure crucial information for investors making informed trading decisions.
Is Investsmart Legit?
When considering the safety of a brokerage like Investsmart or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
- Regulatory sight: The broker's current operation without legitimate regulatory oversight only fuels concerns about its legitimacy and trustworthiness. These worries are compounded by the broker's inaccessible website.
- User feedback: To get a deeper understanding of the exchange, it is suggested that traders explore reviews and feedbacks from existing clients. These shared insights and experiences from users can be accessed on reputable websites and discussion platforms.
- Security measures: So far we have not found any security measures from the company's website. It is recommended for you to seek for clarification before step into actual trading to ensure your assets are properly protected.
In the end, choosing whether or not to engage in trading with Investsmart is an individual decision. We advise you carefully balance the risks and returns before committing to any actual trading activities.
Product & Services
Investsmart claims to offer a comprehensive range of financial products and services.
- Equity: Investsmart provides access to trading in equities, allowing investors to buy and sell shares of publicly listed companies on NSE and BSE.
- Equity Derivatives: The company offers trading in equity derivatives, such as futures and options. These instruments allow investors to hedge their positions, speculate on stock price movements, and leverage their investments.
- Commodities: Through Investsmart, investors can trade in various commodities such as precious metals, energy products, and agricultural commodities.
- Currency Derivatives: Investsmart provides trading in currency derivatives, allowing investors to trade contracts based on currency pairs.
- Demat Services: As a Depository Participant, Investsmart offers demat services to manage and hold securities in electronic form. This service simplifies the process of trading, transferring, and maintaining securities.
- IPO (Initial Public Offerings): Investsmart facilitates participation in IPOs, enabling investors to subscribe to new shares issued by companies going public.
However, detailed information about each product and service is not available on their website. If you are considering trading with Investsmart, it's better to verify the specifics directly with the company to ensure a thorough understanding of their offerings and how they align with your investment goals.
Trading Platforms
Investsmart offers multiple trading platforms.
For Windows users, the Boltplus platform provides a robust and comprehensive trading experience with advanced features and real-time data. iOS userscan also access Boltplus, ensuring seamless trading on their Apple devices. Android users can utilize the BSEIndia app, which facilitates efficient and convenient trading on the go.
These platforms enable investors to trade across various segments, including equities, derivatives, and commodities, with ease and efficiency.
Customer Service
Investsmart offers customer service through various methods including physical addresses, phone support, and email for different services. They also provide a contact us form on their website for direct inquiries.
Although they list social media links, these currently do not direct to active pages. For assistance, it's best to reach them via phone or email.
- Address: 204 Rajani Bhawan, MG Road INDORE 452001 (M.P.).
- Email: ceoinvestsmart@yahoo.com.
- Tel: 0731-4025476.
For full contact information about different business, you can visit https://myinvestsmart.in/contact.php# to look up for details.
Conclusion
In conclusion, Investsmart, an India-based brokerage firm, offers comprehensive products and financial services including equity, equity derivatives, commodities, currency derivatives, demat services, and IPOs. However, the absence of regulatory oversight raises concerns for some investors. Therefore, investors are recommended to proceed with caution, carry out their own research on the company, and consider alternative partners with stronger regulatory assurances, especially if regulatory oversight is a critical factor in their investment decisions.
Frequently Asked Questions (FAQs)
Is Investsmart regulated?
No. The broker is currently under no valid regulation.
Is Investsmart a good broker for beginners?
No, the company is not regulated by any authorities, which means it lacks the official oversight that typically provides investor protection, which is crucial for beginners and seasoned investors alike.
What financial services does Investsmart offer?
Equity, equity derivatives, commodities, currency derivatives, demat services, and IPOs.
What trading platforms are available with Investsmart?
Investsmart offers the Boltplus platform for Windows and iOS users and the BSEIndia app for Android users.
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.