Money Classic Research

List of all Advisory Firms Reviews

Money Classic Research

5.1

Pricing

6.5/10

Reliability

5.5/10

Mobile App

4.5/10

Communication Channels

4.0/10

Customer Service

5.0/10

Pros

  • Wide Range of Equity Services
  • Both Technical & Fundamental Research offered

Cons

  • No Free Trial
  • Large no. of Complaints
  • Mobile App can be improved
  • False Customer Service Claims

Money Classic Research is an Indore based SEBI registered research and advisory firm that provides recommendations in multiple trading segments including Equity, Commodity, Forex along with Penny stocks services and IPOs.

Money Classic Research Review

Incorporated in September 2013, Money Classic Research offers a trial so that users can get a sense of the service quality before making a payment. However, there is no refund policy in place.

Thus, we advise you to be very sure before you finalize this research firm and pay for your preferred service.

The research firm claims to have an in-house team of researchers that provide quality tips with communication channels being SMS and Yahoo Messenger. Apart from that, Money Classic Research also offers an Android-based mobile app to its clients for quick and convenient access to tips and research.

Furthermore, let’s talk about different services the advisory firm offers to its clients across different trading and investing segments.


Money Classic Research Services

Here are the different research and advisory services offered by Money Classic Research:

Equity

With a major chunk of users looking to invest in the stock market, here are the different services under the Equity segment:

  • Stock Cash – Daily 3 to 4 recommendations
  • Intraday Cash – Daily 3 to 4 recommendations
  • Intraday Options – 3-5 intraday option calls in nifty option trading
  • Intraday Options Plus – 3-5 premium accurate intraday option calls in nifty option trading
  • Classic Cash – 8-12 calls in a month with intraday tips for HNI Traders
  • BTST Cash – 1-2 BTST tips for a day based on market condition
  • BTST/STBT Future – tips with customized frequency
  • Classic future – 10-15 calls in a month and all of those are completely intraday calls
  • Classic Option – 3-5 intraday tips calls in NIFTY options trading
  • Nifty Future Tips – 1 call on a daily basis with 3 target prices and 1 stop loss
  • Equity Classic HNI – 8-12 HNI trading calls in a month with intraday tips for HNI Traders
  • Stock Future Tips – tips with customized frequency
  • Budget Service – 3-5 budget service tips

Commodity

Money Classic Research offers a limited range of services within the commodity segment, however, the firm mixes few segments together when it comes to offerings (details in the Pricing section below):

  • MCX Tips – at least 10 calls daily on intraday MCX trading
  • NCDEX Tips – 3-5 intraday NCDEX calls
  • Intraday MCX Tips – 10 calls daily on intraday MCX trading
  • Commodity Classic HNI – 8-12 calls in a month with intraday tips for HNI Traders

Forex

There is a single service offered when it comes to currency trading:

  • Currency Future – 2-3 intraday calls with R&S

Other Services

Apart from the mainstream services mentioned above, the advisory firm offers few of the below-mentioned services that can be availed, as and when required if you want:

  • Penny Stock Services – 5- 10 stocks on a quarterly basis with 20% claimed return percentage
  • Weekly Report Services – 3 to 4 recommendations with the intraday charts every day
  • Magazine Services – one magazine is provided on a monthly basis containing tips with claimed 90% accuracy
  • Monthly Stock Services – 3 to 4 recommendations with the intraday charts every day
  • IPOs – advice, and consultation to IPO investors along with reviews and analysis

Money Classic Research Payment

Here are the details of the pricing for each of the specific service under each of the segments offered by Money Classic Research:

Equity

The advisory firm, Money Classic Research, offers the widest range of services within the Equity segment along with derivative trading as well. Here is a quick snapshot of the pricing ranges for each of the specific service offered:

 

Commodity

Then comes the commodity segment which sees a miniscule set of customer base with the advisory firm offering a limited range of services as compared to the ones in Equity:

 

Forex

Money Research advisory offers just a single service when it comes to Forex trading. Here are the pricing details:


Money Classic Research Mobile App

Although advisory companies are coming up with multiple communication channels these days and a very few provide a mobile app to their clients for getting access to tips and recommendations on a timely basis.

In the case of Money Classic Research, although they do provide an android mobile app, the app offers low-quality features, design and performance. Here is a quick look at how the application design looks like:

As you can observe, the app offers a pretty bland design with limited features in place. Furthermore, the app gets updated very rarely. Looking from an outside point of view, the app seems to be there as an offering, just for the sake of it.

Here are some of the Google play stats around this mobile app from Money Classic Research:


Money Classic Research Contact

If you wish to get in touch with Money Classic Research, here are the different communication channels you can use:

  • Email
  • Phone
  • Chat
  • Office

The advisory service has also set up a compliance manager which is, as per the claims of Money Classic Research, is available 24 X 7 via direct phone and email.

Having said that, when we tried to check the availability of the compliance manager during odd hours on a weekday, the number was SWITCHED OFF.

Thus, this quick check makes it very hard for us to recommend the service quality backed by the claims of this advisory team.


Money Classic Research Disadvantages

Moving ahead, let’s talk about some of the concerns of using the services of Money Classic Research:

  • Trial available comes at a fee and is not free
  • Low-performance mobile app
  • Limited advisory services in the currency segment
  • Quite a few numbers of complaints raised in terms of service and tips accuracy
  • The customer service provided by Money Classic Research is average in quality and turnaround time.

Money Classic Research Advantages

At the same time, here are some of the positives of using their services:

  • A wide range of services when it comes to Equity trading
  • Provides research at both fundamental and technical level, thus, offering services to both long & short-term investors.
  • Recommendations across IPOs, penny stocks available.

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