Shriram Insight

What's Shriram Insight？

Shriram Insight is an unregulated financial services company that offers a range of investment and trading services to clients. They provide access to Equity, Equity Derivatives, Mutual Fund, Tax Free Bonds, ETF, Sovereign Gold Bonds, Commodity Futures, Currency Derivatives. It strives to provide a user-friendly platform, reliable customer support, and a variety of account options to cater to the diverse needs of their clients.

Pros & Cons

Pros

• Multiple Market Instruments：Shriram Insight provides a wide range of market instruments, including Equity, Equity Derivatives, Mutual Fund, Tax Free Bonds, ETF, Sovereign Gold Bonds, Commodity Futures, Currency Derivatives.

• Multiple Customer Support Channels: Shriram Insight provides several channels for customer support including fax, telephone, email, and social media. This could make it easier for clients to reach out with their queries or concerns.

• Multiple Account Types: Shriram Insight provides traders with three types of account, including 2-in-1 Account, Equity Trading Account and Demat Account. Additionally, this broker also offers offline account. Each type of account typically caters to different trading needs and preferences of investors.

• Demo Account Available: Shriram Insight offers mobile demo accounts, allowing users to practice trading without risking real money. This can be beneficial for beginners or those who want to test the platform.

Cons

• No Regulation: NABDG is not regulated, which increases risks for clients as the company doesn't have to adhere to any established financial standards nor offer protections typically required by financial regulators.

Is Shriram Insight Legit？

• Regulatory Sight: Shriram Insight is currently not regulated by any recognized financial authority. Traders should exercise caution and conduct thorough research before engaging with Shriram Insight.

• User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

• Security Measures: Shriram Insight utilizes advanced data encryption techniques to provide a secure trading environment for their users. The company employs industry-standard encryption protocols to safeguard sensitive information and protect against unauthorized access.

Market Instruments

Shriram Insight offers a wide range of market instruments to cater to the diverse investment needs of its clients.

Some of the key instruments include Equity, which provides investors with the opportunity to invest in individual stocks of publicly listed companies.

Equity Derivatives allow investors to trade in derivatives such as futures and options based on the underlying equity securities.

Mutual Funds provide a diversified investment option managed by professional fund managers. Tax-Free Bonds offer tax benefits on the interest income earned by investors.

Exchange-Traded Funds (ETFs) are investment funds traded on stock exchanges that can track various indices or asset classes.

Sovereign Gold Bonds are government securities denominated in grams of gold, providing investors with an alternative way to invest in gold.

Commodity Futures allow investors to trade in commodities such as gold, silver, crude oil, etc., while Currency Derivatives enable trading in foreign exchange instruments.

Account Types

Shriram Insight provides a variety of account types to cater to the different needs of investors, including Mobile Demo Account, 2-in-1 Account, Equity Trading Account, Demat Account and Offline Account.

• Mobile Demo Account: This account type allows users to experience the platform and test out trading strategies without actually using real money.

• 2-in-1 Account: The 2-in-1 Account from Shriram Insight gives you the dual benefit of a share account and a demat account rolled into one account. You can link your third-party savings accounts to the 2-in-1 account and kick start your journey on the stock market.

• Equity Trading Account: An Equity Trading Account with Shriram Insight allows you to invest in equity, commodities, mutual funds, derivatives and currency derivatives instruments and secure your financial well-being while you trade on the stock .

• Demat Account: Demat account is a facility that allows investors to hold shares in an electronic format. A demat account holds the certificates of your financial instruments like shares, bonds, government securities, mutual funds and exchange traded funds (ETFs), similar to a bank account. Also, you need a demat account before you start to trade on Indias stock exchanges.

• Offline Account: Through offline accounts, traders can conduct transactions and access their account information through offline channels such as phone calls or physical documents. This can be convenient for users who may not have consistent access to the internet or prefer to interact with a human representative for their trading needs.

How to Open an Account？

To open an official account, go to Shriram Insight's official website and click on “Open An Account”. Fill in your information including your name, mobile phone number and email address in this form below. Enter your client code and pincode. Once your account is verified, you can start utilizing the services offered by Shriram Insight.

To open anoffline account, you need to click on “Open an Offline Account”. Fill in your personal information, including your name, email address, city and mobile phone number. Finally, enter your pan. Then you can start using the offline account.

Trading Platforms

As for the trading platform, Shriram Insight provides its clients with many options. There are public platforms such as tradingview, MT5 and MT4 that have served many clients worldwide,lf you didn't want to spend time familiarizing yourself with a new platform, you could choose public platforms. The choice is yours.

Shriram Insight offers a variety of trading platforms including Desktop, Browser, and Mobile options. This range of platforms allows traders to access the markets conveniently from different devices according to their preferences and needs.

Desktop platforms typically offer advanced features and tools for in-depth market analysis and trading execution. They can easily be acquired on Windows.

While browser-based platforms offer flexibility as they can be accessed from any internet-connected device without the need for installation.

Mobile platforms cater to traders who prefer to trade on the go, providing access to real-time market data and trading capabilities from smartphones and tablets.

Trading Tools

Shriram Insight also provides a range of trading tools to help investors make informed decisions.

The SIP Planner allows investors to plan and manage their Systematic Investment Plans effectively, enabling them to achieve their financial goals through regular investments.

The SIP Calculator helps investors calculate the potential returns from their SIP investments based on factors such as the investment amount and duration.

Additionally, the FD Calculator assists investors in determining the returns on their Fixed Deposit investments, helping them make informed decisions about their savings.

Customer Support

Shriram Insight offers comprehensive customer support to its clients.Clients can reach out to Shriram Insight through various channels.

• Telephone: Clients can call their number at +91 7604089448 or +91 7604082779 for any queries.

• Email: The firm offers assistance through email athelpdesk@shriraminsight.com.

• Live Chat: Live chat is available for clients who prefer a quick and instant response.

• Fax: Clients can fax them at033 23218429.

• Contact Form

• Multiple Market InstrumentsSocial Media: Socrates Legacy also maintains a strong presence on Facebook, LinkedIn, YouTube, Twitter, and Google, providing clients with a more informal method of communication or for staying updated with the firm's latest news.

The company also provides its physical address, Mookambika Complex, 4 Lady Desikachary Road, 4th Floor, Mylapore, Chennai-600004.

Conclusion

In conclusion, Shriram Insight is a comprehensive financial services company that offers a wide range of investment and trading options to cater to the diverse needs of clients. While Shriram Insight offers a wide range of market instruments, multiple customer support channels and different kinds of accounts, its lack of regulation makes due diligence imperative before investing.

Frequently Asked Questions (FAQs)

Question: Is Shriram Insight regulated？

Answer: No. Shriram Insight has not been regulated by any authorities.

Question: What trading tools does Shriram Insight offer？

Answer: Mobile Demo Account, Offline Account, SIP Planner, SIP Calculator and FD Calculator.

Question: What market instruments does Shriram Insight offer？

Answer: Equity, Equity Derivatives, Mutual Fund, Tax Free Bonds, ETF, Sovereign Gold Bonds, Commodity Futures, and Currency Derivatives.

Question: Does Shriram Insight offer demo accounts？

Answer: Yes.

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.