Dalmia Securities

Dalmia Securities is an Indian securities brokerage firm incorporated on 2 July 2019, based in Kolkata, West Bengal. The company is registered with the Securities and Exchange Board of India (SEBI) under a forex trading license (AGN), which typically covers currency derivatives broking. Its registered address is 'Ideal Plaza', Suite no. S-401, 4th Floor, 11/1, Sarat Bose Road, Kolkata - 700 020.

The firm positions itself as a multi-service financial intermediary, offering equity broking, currency broking, mutual fund distribution, depository services, research, and investment banking. It targets retail and institutional clients seeking a comprehensive range of securities services under one roof. Dalmia Securities maintains a Facebook presence for client communication and updates.

Dalmia Securities is regulated by the Securities and Exchange Board of India (SEBI), the primary regulator for India's securities markets. The firm holds a forex trading license (AGN), which authorizes it to deal in currency derivatives on recognized exchanges. However, SEBI-regulated brokers are distinct from forex brokers offering over-the-counter (OTC) leveraged forex trading to retail clients; Dalmia Securities appears focused on exchange-traded currency futures and options rather than speculative spot forex.

The company's regulatory standing provides a baseline of oversight, including compliance with capital adequacy, client fund segregation, and reporting requirements. Traders should verify the firm's SEBI registration number independently on the SEBI website.

Dalmia Securities provides a range of financial services typical of a full-service Indian stockbroker. Equity broking allows clients to trade stocks on major Indian exchanges (BSE, NSE). Currency broking facilitates trading in currency derivatives, including futures and options on the dollar, euro, pound, and yen. The firm also offers mutual fund investment options, depository services (for holding securities in demat form), research reports, and investment banking advisory.

The website does not specify trading platforms, account types, or fee structures. Investors are likely provided with standard broker applications and backoffice software, as indicated by the backoffice login page titled 'LONG LIFE OFFICE.'

Dalmia Securities caters to Indian traders and investors seeking a regulated domestic broker. Its service suite appeals to both equity and currency traders who prefer exchange-traded derivatives over OTC markets. The firm may also serve corporate clients needing investment banking support.

Given its focus on Indian securities, the broker is not suited for international retail forex traders looking for high-leverage spot FX or CFD trading. The lack of information on spreads, commissions, and platform details suggests that prospective clients should contact the firm directly for account opening procedures and pricing.

FXCanary's Scam Risk Score for Dalmia Securities is 27 out of 100 (Guarded), indicating that while the broker is licensed and operational, there are notable limitations in transparency and independent user feedback. The firm has no public client reviews on independent platforms, and its website provides limited detail on trading conditions, execution policies, and client fund protection.

Traders should conduct their own due diligence, including verifying the SEBI license directly and requesting standardized disclosure documents. The absence of comprehensive online information is not inherently suspicious but warrants caution for those accustomed to more transparent international brokers.