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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

BgSE

India India | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.bfsl.co.in

Website

Rating Index

Influence

Influence

C

Influence Index NO.1

India India 3.66
Surpassed 15.70% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+91 080-66673333
https://www.bfsl.co.in
No.51, "Stock Exchange Towers”, 1st Cross, J.C.Road, Bangalore - 560 027, Karnataka.

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
India
Operating Period
5-10 years
Company Name
BgSE Financials Ltd.
Email
bfsl@bfsl.co.in
Contact Number
+9108066673333
Company Website
Business Region
Relationship Map
Related Companies
Employees
About Us
Wiki Q&A
Comment

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BgSE

Related Companies

BGSE FINANCIALS LIMITED(India)
India
BGSE FINANCIALS LIMITED(India)
Active
India
Registration No.U67120KA1999PLC025860
Est. Date
SourceOfficial Statement
Employees

Company Profile

Company Profile

Review summary

BgSE Review Summary
Registered2006
Registered Country/RegionIndia
RegulationNo Regulation
Market InstrumentsEquities, Commodities, Mutual funds, IPO, Futures & Options
Demo Account
Leverage/
Spread/
Trading PlatformNSE/BSE, NSE, BSE, MCX, NCDEX
Minimum Deposit/
Customer Support080-66673333, 080-41575234/35
bfsl@bfsl.co.in, enquiry@bfsl.co.in
Facebook, Twitter, LinkendIn, Instagram, YouTube

BgSE Information

BgSE is a financial services institution that provides investors with multi-market and multi-category transaction brokerage services covering a wide range of financial products and services. It offers omnichannel trading support and online account management. However, its business layout for commodities and mutual fund services relies on external platforms. It is suitable for individual and institutional clients seeking diversified investment channels.

BgSE Information

Pros and Cons

Pros Cons
Multi-market instrumentsNo Regulation
Online account managementService intermediacy (commodities accessed through affiliated institutions)
Long operational historyUnclear fee rates

Is BgSE Legit?

BgSE is unregulated, even though it claims to be a corporate member of NSE and BSE, regulated by the Securities and Exchange Board of India (SEBI).

license
domain

What Can I Trade on BgSE?

Tradable Instruments Supported
Equities
Commodities
Mutual funds
IPO
Futures & Options
Shares
ETFs
Bonds
assets

Account Type

It provides Trading Accounts and Demat Accounts, supporting individual and institutional clients.

Account Type Supported
Trading Account
Demat Account
Account Type

Trading Platform

Full market coverage of NSE/BSE: Cash equities, futures and options (F&O).

Supports real-time mobile/internet trading, covering NSE, BSE, MCX (Multi Commodity Exchange), and NCDEX (National Commodity & Derivatives Exchange).

Trading PlatformSupported Available Devices Suitable for
NSE/BSE//
NSE, BSE, MCXMobile, Web/
NCDEXMobile, Web/
Trading Platform
Trading Platform

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is BgSE safe and reliable?

According to the WikiFX assessment, BgSE does not meet the standard benchmarks for safety and reliability expected of a broker. It operates without any recognized regulatory oversight and has an overall WikiFX Score of 1.57, which reflects a severe deficit in risk management and operational credibility. Engaging with an unregulated broker like BgSE involves significant and unmitigated risks regarding fund security and client protection.

Three days ago
United States

Is BgSE regulated?

No. BgSE Financials Ltd. does not hold any valid or authoritative regulatory licenses for forex and CFD trading. WikiFX data confirms the broker's regulatory status as 'No Regulation', meaning it operates entirely outside the purview of established financial authorities, which is a primary factor in its high-risk profile.

Three days ago
United States

What is the minimum deposit of BgSE?

The specific minimum deposit requirement for BgSE is not publicly disclosed in available data. This lack of clear information on a fundamental account parameter is consistent with the broker's overall opaque operational model.

Three days ago
United States

Does BgSE support MT4 or MT5?

Due to the temporary lack of publicly available data, it is not possible to confirm whether BgSE supports the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms. As these are industry-standard platforms, their absence would further complicate the trading experience for users of this broker.

Three days ago
United States
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