EUREKA

Eureka Stock & Share Broking Services Limited is an Indian stockbroker headquartered in Kolkata, with a registered address at 1101, Merlin Infinite, DN 51, Sector V, Salt Lake City. According to our records, the entity was founded on July 2, 2019, though the broker’s website suggests a longer history beginning in 1992. The broker is registered with the Securities and Exchange Board of India (SEBI) under registration number INZ000169839, as verified through publicly available documents on its official site. It primarily serves Indian retail and institutional investors.

The broker offers a wide array of investment products including equities, derivatives, commodities, mutual funds, insurance, and fixed deposits. It also provides margin trading, portfolio management, and depository services. While its website mentions currency trading, this is part of its derivatives offering rather than a dedicated retail forex service. Eureka positions itself as a comprehensive financial services provider, but it is important to note that our internal records initially indicated no regulatory oversight, though subsequent web evidence confirms SEBI registration.

Eureka Stock & Share Broking Services Ltd. holds a SEBI Single Registration Number (INZ000169839), indicating it is a registered stockbroker in India. SEBI regulation subjects the broker to oversight regarding client fund segregation, reporting, and conduct standards. However, our internal database had no regulators on file for this entity, which may reflect a data gap. Traders should verify the SEBI registration directly on the SEBI website.

The broker’s website also claims ISO 9001:2015 certification for quality management. While this adds a layer of operational credibility, it is not a financial regulatory standard. We advise traders to consider the presence of SEBI regulation as a positive factor, but to remain vigilant given the lack of initial data in our records.

Eureka provides several trading platforms under the 'Infinity by Eureka' brand. The web-based platform is designed for ease of use across browsers, while the mobile app aims to deliver a seamless trading experience on smartphones. The desktop platform, NEST, is marketed as high-speed and advanced. Additional order types such as cover and spread orders are available to facilitate risk management.

Coin and other platform details were not extensively detailed on the website, but the broker emphasizes technology and real-time execution. These platforms appear to be geared toward active traders in the Indian market, with features like after-market order placement and margin trading facility.

The broker offers trading and demat accounts for equities and derivatives. Specific account tiers or minimum deposit requirements are not clearly stated on the publicly available pages we reviewed. Funding methods likely include bank transfers linked to the client’s trading account, but no explicit list is provided. The broker also offers a 'Two-in-one Account' combining trading and demat services, as well as NRI account services.

Margin trading funding is available, allowing clients to leverage positions by borrowing from the broker against securities. This facility is described as 'invest now, pay later' and is subject to SEBI regulations. Traders should note that margin trading carries additional risk.

Eureka provides contact via phone (+91 33 6628 0000) and email (info@eurekasec.com). Its website includes a FAQ section covering topics from account opening to trading basics and nomination procedures. The broker also has a presence on Facebook, Instagram, and YouTube, though the extent of educational content on these channels is not evaluated.

The FAQ page indicates the broker offers call-and-trade services and advisory services. However, no dedicated education hub or webinars were found on the site. The support channels appear standard for Indian brokers.

Eureka offers services tailored for Non-Resident Indians (NRIs), including NRI trading and depository accounts. This suggests the broker aims to serve the Indian diaspora looking to invest in Indian markets. Currency trading and global investing are also mentioned, but the scope of international services is limited to Indian market access.

For traders outside India, the broker may not be suitable for forex or CFD trading as commonly understood in the retail FX industry. Its focus remains on securities listed on Indian exchanges.