Score
Finquest
India|2-5 years| https://finquestgroup.com/#home
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
India
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed Finquest also viewed..
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Website
finquestgroup.com
Server Location
India
Website Domain Name
finquestgroup.com
Server IP
216.10.246.23
Company Summary
| Finquest Review Summary | |
| Founded | 2004 |
| Registered Country/Region | India |
| Regulation | No Regulation |
| Demo Account | Unavailable |
| Group Companies | Rubfilla, Premier Tissues, Finquest Finance, Reid & Taylor, Finquest Security, Digjam |
| Customer Support | Contact form |
| Address: 602, Boston House, Suren Road, Andheri East, Mumbai 400093, Maharashtra. | |
What is Finquest？
Finquest is an unregulated conglomerate company based in India, founded in 2004. It comprises various subsidiary companies, each operating in different sectors and contributing to Finquest's diversified portfolio. Some of its notable group companies include Rubfilla, Premier Tissues, Finquest Finance, Reid & Taylor, Finquest Security, and Digjam.
Pros & Cons
| Pros | Cons |
|
|
Pros:
Synergies Among Subsidiaries: The presence of multiple subsidiary companies under Finquest's umbrella enables opportunities for synergies, such as shared resources, cross-selling, and economies of scale.
Cons:
No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency.
Is Finquest Legit or a Scam？
Finquest currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.
Group Companies
Finquest is a conglomerate encompassing several diverse companies, each contributing to its multifaceted portfolio.
Among its subsidiaries is Rubfilla, a leading player in the market, known for its innovative and high-quality rubber products.
Premier Tissues, another key entity under the Finquest umbrella, specializes in producing premium tissue products, catering to both consumer and commercial markets.
Finquest Finance offers a range of financial services, providing tailored solutions to meet the investment and financing needs of its clients.
Reid & Taylor, a prominent name in the textile industry, is part of the Finquest group, renowned for its fine fabrics and apparel.
Additionally, Finquest Security plays a vital role in ensuring the safety and protection of assets and individuals through its comprehensive security services.
Lastly, Digjam, with its rich heritage and expertise in textiles, contributes to the diverse offerings of Finquest, catering to the fashion and textile industry with its quality products.
Customer Service
Finquest provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.
Contact form
Address: 602, Boston House, Suren Road, Andheri East, Mumbai 400093, Maharashtra
Conclusion
In conclusion, Finquest's conglomerate structure offers both opportunities and challenges. On the positive side, its diversified portfolio across multiple sectors provides potential for high returns, opportunities for synergies among subsidiaries, and flexibility to adapt to market changes. However, the lack of valid regulation raises significant concerns about the safety and trustworthiness of the platform.
Frequently Asked Questions (FAQs)
| Question 1: | Is Finquest regulated？ |
| Answer 1: | No. It has been verified that this broker currently has no valid regulation. |
| Question 2: | Does Finquest offer demo accounts？ |
| Answer 2: | No. |
| Question 3: | What sectors does Finquest operate in？ |
| Answer 3: | Finquest operates in multiple sectors through its subsidiary companies. Some of these sectors include textiles (Reid & Taylor, Digjam), finance (Finquest Finance), security (Finquest Security), and consumer goods (Rubfilla, Premier Tissues). |
| Question 4: | Is Finquest a good broker for beginners？ |
| Answer 4: | No. It is not a good choice for beginners because of its unregulated condition. |
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.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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