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Rating Index

Pros

Established presence in the market since 1997, indicating experience in the financial services industry.
Offers a variety of financial instruments including forex, CFDs, commodities, and indices, providing clients with diverse trading options.
High customer support rating, suggesting a commitment to assisting clients effectively.

Cons

Not properly regulated, which may pose risks for traders regarding the security of their investments.
Does not support popular trading platforms like MT4 or MT5, potentially limiting trading functionalities for some users.
Lacks client insurance, increasing the risk exposure for traders in case of broker insolvency or other issues.

ABHIK Company

Abhik Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Abhik Finance Pvt. Ltd., also known as Abhik Company, was founded on October 3, 1997. It emerged as a premier financial and stock broking house in India, with a vision to provide a range of financial services tailored to meet the diverse needs of its clients.

Parent Company/Ownership Structure

Abhik Finance Pvt. Ltd. operates as an independent entity and is not part of a larger parent company. The company is privately held, with key individuals in leadership roles, including directors who have extensive experience in the financial services sector.

Headquarters Location

The headquarters of Abhik Company is located in New Delhi, India. The registered address is 2/3A, Aravali View Rail Vihar, Sector 56, Gurugram, Haryana, 122002, India.

Global Business Scope

While Abhik Company primarily focuses on the Indian market, it operates within the framework of global financial standards and practices. The company aims to cater to both local and international clients, leveraging its membership in various stock exchanges.

Main Regulatory Bodies

Abhik Finance Pvt. Ltd. is regulated by several key authorities, including:

  • Securities and Exchange Board of India (SEBI)
  • National Stock Exchange of India (NSE)
  • Bombay Stock Exchange (BSE)
  • Multi Commodity Exchange of India Ltd. (MCX)

2. Company History and Development

Key Milestones

Since its inception in 1997, Abhik Company has achieved several significant milestones, including:

  • 1997: Founded as a financial and stock broking house.
  • 2000: Became a member of the National Stock Exchange of India.
  • 2010: Expanded its services to include commodities trading.
  • 2020: Launched a comprehensive online trading platform to enhance customer accessibility.

Business Expansion Journey

Abhik Company has continuously evolved to meet the changing demands of the financial markets. Over the years, it has expanded its service offerings to include forex trading, commodities, and derivatives, thereby broadening its market reach.

Customer Base Growth

The company has successfully built a substantial customer base, primarily due to its commitment to customer satisfaction and personalized service. This growth can be attributed to its strong reputation and the trust it has established within the financial community.

Platform Development History

Abhik Company has invested in developing a robust online trading platform that allows clients to access various financial instruments seamlessly. This platform is designed to provide real-time data, advanced trading tools, and user-friendly interfaces.

Important Awards or Recognitions Received

While specific awards may not be extensively documented, Abhik Company is recognized within the industry for its customer-centric approach and reliability as a stock broker.

3. Trading Services Offered

Forex Trading Options

Abhik Company offers a variety of forex trading options, providing access to multiple currency pairs. Clients can trade major, minor, and exotic currency pairs, allowing for diversified trading strategies.

Stock Trading Options

The company provides comprehensive stock trading services on both the NSE and BSE. Clients can trade in equities, derivatives, and mutual funds, making it a versatile choice for investors.

CFD Trading Products

Abhik Company also offers Contracts for Difference (CFDs), allowing traders to speculate on price movements of various assets without owning the underlying asset. This includes options in stocks, indices, and commodities.

Other Financial Instruments

In addition to forex and stock trading, Abhik Company provides access to:

  • Cryptocurrencies: A growing range of digital currencies for trading.
  • Commodities: Trading options in gold, silver, crude oil, and agricultural products.

Special Services or Unique Advantages

Abhik Company differentiates itself through personalized customer service, experienced financial advisors, and a commitment to educating clients about trading strategies and market trends.

Detailed Regulatory Information

Abhik Company adheres to strict regulatory standards set forth by:

  • Securities and Exchange Board of India (SEBI)
  • National Stock Exchange of India (NSE)
  • Bombay Stock Exchange (BSE)
  • Multi Commodity Exchange of India Ltd. (MCX)
  • Forward Markets Commission (FMC)

The company operates as a private limited company under Indian corporate law, registered with the Ministry of Corporate Affairs. Its legal structure allows it to operate efficiently within the Indian financial landscape.

Client Fund Protection Measures

Abhik Company implements several measures to protect client funds, including:

  • Segregation of client funds from company operational funds.
  • Regular audits and compliance checks to ensure adherence to regulatory requirements.

Countries/Regions Served

Primarily focused on the Indian market, Abhik Company aims to expand its services internationally in the future, catering to clients who seek investment opportunities in India.

Compliance History

Abhik Company has maintained a clean compliance record with regulatory bodies, demonstrating its commitment to ethical practices and transparency in its operations.

5. Competitive Landscape

3-5 Main Competitors

Abhik Company faces competition from several established players in the financial services sector, including:

  1. Motilal Oswal Securities Ltd.
  2. ICICI Direct
  3. HDFC Securities
  4. Zerodha
  5. Sharekhan

Positioning in the Industry

Abhik Company positions itself as a customer-focused financial services provider, emphasizing personalized service and a diverse range of trading options. Its long-standing presence in the market adds to its credibility.

Market Differentiation Factors

Key differentiation factors for Abhik Company include:

  • A personalized approach to customer service.
  • A wide range of trading instruments.
  • Experienced financial advisors who guide clients through their investment journeys.

Conclusion

Abhik Finance Pvt. Ltd. has established itself as a reputable player in the Indian financial services industry, offering a diverse range of trading options and a commitment to customer satisfaction. With a focus on regulatory compliance and a customer-centric approach, the company is well-positioned for future growth in an increasingly competitive landscape.

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For those interested in exploring Abhik Company further, learn more about their services and offerings.