What is 500PerCrore.in?
PerCrore.in is a forex broker that offers online trading platforms for trading foreign currencies. The company is based in India and claims to be regulated by the Reserve Bank of India (RBI). However, there is no information on the website about the specific regulations that PerCrore.in adheres to.
The broker offers two types of accounts – a standard account and a VIP account. The minimum deposit for a standard account is $500 and the minimum deposit for a VIP account is $5000. There is no information about the spreads or leverage available on the website.
PerCrore.in does not accept clients from the United States or Canada.
The company’s customer service department can be reached through email or telephone. There is also a live chat feature on the website but it was unavailable when we tried to use it.
Overall, PerCrore.in appears to be a legitimate forex broker but there is not enough information available about the company to make a definitive judgement.
How Does 500PerCrore.in Work?
500PerCrore.in is a forex broker that offers online trading in currency pairs, CFDs, and metals. The company is headquartered in Mauritius and is regulated by the Financial Services Commission of Mauritius (FSC). 500PerCrore.in offers three account types: Standard, Premium, and VIP. The minimum deposit for a Standard account is $250, while the minimum deposit for a Premium account is $10,000. The VIP account requires a minimum deposit of $50,000. 500PerCrore.in also offers an Islamic account that complies with Sharia law.
500PerCrore.in uses the MetaTrader 4 (MT4) trading platform. The MT4 platform is available as a desktop application, mobile app, and web-based platform. 500PerCrore.in also offers trading on the web-based Sirix platform and mobile apps for iOS and Android devices.
500PerCrore.in provides customer support 24/5 via live chat, email, and telephone. The company’s website is available in English and French.
The Pros and Cons of 500PerCrore.in
When it comes to online forex brokers, there are a lot of choices out there. So how do you know if PerCrore.in is the right broker for you? In this PerCrore.in review, we will take a look at the pros and cons of this broker to help you make an informed decision.
PerCrore.in is a popular forex broker that offers its clients a wide range of currency pairs to trade. The company is headquartered in Mumbai, India and is regulated by the Reserve Bank of India (RBI). PerCrore.in offers its clients a choice of two account types – a standard account and an ECN account. The standard account requires a minimum deposit of $500 and gives you access to leverage of up to 1:200. The ECN account requires a minimum deposit of $5,000 and gives you access to leverage of up to 1:500. Both accounts offer commission-free trading with spreads starting from just 0.5 pips.
One of the biggest advantages of trading with PerCrore.in is that they offer negative balance protection (NBP). This means that your account balance cannot go below zero, even if the markets move against you. This feature is particularly useful for new traders who are still learning how to manage their risk properly.
Another advantage of trading with PerCrore.in is that they offer a welcome bonus of up to $2,500 when you open a new
Is 500PerCrore.in a Legit or Scam Forex Broker?
When it comes to online trading, there are a lot of scams out there. So, is 500PerCrore.in a legit or scam forex broker?
500PerCrore.in is an online broker that offers forex and CFD trading. They are based in India and are regulated by the Securities and Exchange Board of India (SEBI). That said, they don’t seem to be very popular among traders, as there are only a few reviews available online.
The main problem with 500PerCrore.in seems to be their customer service. There have been reports of unresponsive customer support and delayed withdrawals. So if you do decide to trade with them, make sure you have all your documents in order and be prepared for some delays.
All in all, we would not recommend 500PerCrore.in as a safe or reliable broker. There are too many complaints and not enough positive reviews to give them our seal of approval.
Conclusion
If you’re looking for a new forex broker, 500PerCrore.in is definitely worth checking out. They offer competitive spreads and a wide range of currency pairs to trade, so you’re sure to find something that suits your trading style. Best of all, they are regulated by the Indian Financial regulator, so you can rest assured that your money is safe with them.