ACS

ACS, operating under the domain asthatrade.com, is a stockbroking firm registered in India. It was founded on 28 June 2019 and is based in Bhopal, Madhya Pradesh.

The company maintains a presence on social media platforms including Facebook, Instagram, LinkedIn, and YouTube. Its registered address is F-01,138/42, Usha Preet, Malviya Nagar, Bhopal (MP) 462003. Notably, ACS does not hold any regulatory licences from known financial authorities, which is a significant factor for potential clients.

Based on publicly available documents, ACS appears to provide stockbroking services to Indian traders. The broker's risk management policy outlines procedures for margin trading, demat account management, and intraday trading. Clients can trade in securities through margin trading facilities (MTF) and have exposure limits set by the broker.

The policy also covers conditions for order refusal, account suspension, and de-registration. While no detailed product list is available, the documentation suggests a focus on equity and derivative trading rather than forex or CFD instruments.

ACS targets retail investors and traders in India, particularly those seeking a domestic stockbroker. Its social media content, likely in regional languages, aims to reach a local client base.

The broker's unregulated status means it may not appeal to traders who prioritise oversight by financial authorities. However, for those comfortable with limited regulatory protection, ACS may offer a basic stockbroking option.

Based on aggregated industry data, ACS has a Scam Risk Score of 45 out of 100, categorised as 'Guarded'. This score reflects the broker's unregulated status and limited public information.

Traders should exercise caution and conduct thorough due diligence before engaging with this entity. The absence of independent user reviews further complicates assessment of its reliability.