Overview of Sunness
Sunness is a brokerage firm based in India, operational for 5-10 years but remains unregulated. The company focuses solely on providing brokerage services and offers customer support from Monday to Friday between 10 am and 5 pm.
While Sunness may appeal to traders with its specialized service, the lack of regulation could be a significant concern, posing potential risks for clients seeking a secure and compliant trading environment.
Is Sunness Legit or a Scam？
Sunness operates as an unregulated brokerage firm in India. This unregulated status means that it does not fall under the oversight of any financial regulatory authority, which can be a critical issue for potential clients.
Pros and Cons
Pros:
Sunness boasts a long-standing presence in the brokerage industry, demonstrating experience and stability. The platform enhances user experience by offering online chat customer support, providing quick and accessible assistance to clients during operational hours.
Cons:
A major drawback is the platform's unregulated status, which raises worries about client security and compliance with financial standards. Additionally, the Sunness website offers limited information, lacking details on available trading instruments, which can hinder informed decision-making by potential traders.
Services
Sunness Capital India Private Limited (SCIPL) specializes in StockBroking Services, offering a large suite of investment opportunities.
The firm is registered with the Securities and Exchange Board of India (SEBI) and holds memberships with prominent trading houses such as the Bombay Stock Exchange (BSE), the National Stock Exchange (NSE), and the Multi Commodity Exchange (MCX).
Additionally, SCIPL provides depository participant services with the Central Depository Services Limited (CDSL), enhancing its range of financial services to include securities and commodities trading capabilities, as well as secure storage of financial assets.
Customer Support
Sunness Capital India Private Limited offers dedicated online chat customer support during the business week from Monday to Friday, 10 am to 5 pm, ensuring that clients can receive assistance during these hours. The company is based in Hampinagara, Vijayanagara, Bangalore, providing a localized touch for clients in the region.
Conclusion
Sunness Capital India Private Limited, headquartered in Bengaluru, India, offers robust stockbroking services and is registered with SEBI.
With memberships in major trading houses like BSE, NSE, and MCX, and as a depository participant with CDSL, Sunness Capital provides a range of financial services. The company's vision and mission underscore its commitment to quality service and enhancing client lifestyles.
FAQs
- What services does Sunness Capital offer？
- Sunness Capital provides stockbroking services, memberships with BSE, NSE, MCX, and depository participant services with CDSL.
- Is Sunness Capital registered with any regulatory authority？
- Yes, Sunness Capital is registered with SEBI.
- What are the office hours for Sunness Capital？
- The office hours are Monday to Friday, from 10 am to 5 pm. The office is closed on Saturdays and Sundays.
Risk Warning
Sunness is an unregulated entity, lacking formal oversight from financial regulatory authorities. This lack of regulation may expose clients to increased risks, including potential issues with transparency, operational integrity, and the security of client funds.
