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For more information about BAHUBALI Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Offers a range of financial instruments including forex, CFDs, commodities, and indices.
Established presence since 1994, providing a sense of experience in the industry.
User-friendly trading platform with decent execution speed and competitive spreads.

Cons

Lacks proper regulation, raising concerns about safety and trustworthiness for traders.
No access to popular trading platforms like MetaTrader 4 or MetaTrader 5.
Limited customer support options and no insurance for clients, which may deter some investors.

BAHUBALI Company

Bahubali Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Bahubali Company, officially known as Shree Bahubali Stock Broking Ltd., was founded in 1994 by Surendra Kumar Jain. The company was established with the aim of providing comprehensive financial services, including stock trading and investment advisory, to retail and institutional investors in India.

Parent Company/Owning Structure

Shree Bahubali Stock Broking Ltd. operates as a public company. It has developed a diverse ownership structure, which includes multiple stakeholders, contributing to its operational stability and growth.

Headquarters Location

The headquarters of Bahubali Company is located at 12 India Exchange Place, 3rd Floor, Kolkata, West Bengal, India. This strategic location positions the company within one of India's major financial hubs.

Global Business Scope

While primarily focused on the Indian market, Bahubali Company offers services that cater to a global clientele. The firm provides online trading platforms that facilitate participation in various financial markets, including stocks, commodities, and currencies.

Main Regulatory Bodies

Bahubali Company is regulated by several key entities in India, including:

  • Securities and Exchange Board of India (SEBI)
  • National Stock Exchange of India (NSE)
  • Bombay Stock Exchange (BSE)

These regulatory bodies ensure that the company adheres to the standards of transparency and fairness in its operations.

2. Company History and Development

Key Milestones

  • 1994: Establishment of Shree Bahubali Stock Broking Ltd.
  • 1995: The company gained membership in the National Stock Exchange of India, enabling it to offer trading services.
  • 2017: The company received its SEBI registration, further solidifying its regulatory compliance.

Business Expansion Journey

Over the years, Bahubali Company has expanded its service offerings to include a wide range of financial instruments. Initially focused on stock broking, it has diversified into forex trading, commodity trading, and investment advisory services.

Customer Base Growth

Bahubali Company has witnessed substantial growth in its customer base, with over 6,500 active clients reported as of the latest data. The company has built a reputation for offering competitive brokerage rates and personalized customer service.

Platform Development History

The company has continuously upgraded its trading platforms to enhance user experience. It now offers a user-friendly mobile trading app, a web-based trading platform, and an installable trading terminal, all designed to meet the diverse needs of its clientele.

Important Awards or Recognitions Received

Bahubali Company has received various recognitions for its service quality and operational excellence, although specific awards were not detailed in the available data.

3. Trading Services Offered

Forex Trading Options

Bahubali Company provides forex trading services that include a variety of currency pairs. The exact number of currency pairs offered is not specified, but the company facilitates trading in major and minor currencies, catering to both retail and institutional traders.

Stock Trading Options

As a full-service broker, Bahubali offers a comprehensive range of stock trading options, including:

  • Equity Delivery: 0.21% brokerage fee
  • Equity Intraday: 0.02% brokerage fee
  • Equity Futures: 0.02% brokerage fee
  • Equity Options: ₹21 per lot

CFD Trading Products

While specific details on CFDs were not extensively covered, Bahubali Company does engage in offering various contract-for-difference (CFD) products across different asset classes, allowing clients to speculate on price movements without owning the underlying asset.

Other Financial Instruments

Bahubali Company also provides trading services for:

  • Commodities: 0.02% brokerage fee
  • Cryptocurrencies: Not explicitly mentioned, but it may offer exposure through other trading products.

Special Services or Unique Advantages

The company offers unique advantages such as:

  • Robo-advisory services: Personalized investment strategies based on client risk profiles.
  • Algo trading services: Automated trading strategies for more efficient execution.
  • Comprehensive research and advisory services: In-depth analysis and recommendations to assist clients in making informed investment decisions.

Detailed Regulatory Information

Bahubali Company is governed by the following regulatory bodies:

  • Securities and Exchange Board of India (SEBI)
  • National Stock Exchange of India (NSE)
  • Bombay Stock Exchange (BSE)
  • Metropolitan Stock Exchange of India (MSEI)

As an Indian public company, Bahubali is registered and operates primarily within India. The company has established itself as a member of various stock exchanges, allowing it to engage in multiple trading segments.

Client Fund Protection Measures

The company adheres to the regulatory requirements set forth by SEBI, which includes maintaining client funds in separate accounts to protect against misuse.

Countries/Regions Served

While Bahubali primarily serves clients in India, its trading platforms are accessible to international investors, allowing them to participate in Indian financial markets.

Compliance History

Bahubali Company has maintained a compliance history with regulatory requirements, though it has faced some monetary penalties for non-compliance in the past, as reported by the NSE. The company has resolved all complaints efficiently, with a 100% resolution rate for BSE and NSE complaints.

5. Competitive Landscape

Main Competitors

Bahubali Company competes with several key players in the Indian brokerage industry, including:

  1. Zerodha
  2. Upstox
  3. ICICI Direct
  4. HDFC Securities
  5. Angel Broking

Positioning in the Industry

Bahubali positions itself as a full-service broker that offers competitive rates and comprehensive advisory services. Its focus on customer service and personalized investment strategies distinguishes it from many discount brokers.

Market Differentiation Factors

Key factors that differentiate Bahubali from its competitors include:

  • Tailored advisory services: Providing clients with personalized investment strategies.
  • Comprehensive trading platforms: Offering multiple platforms for trading convenience.
  • Strong customer support: A dedicated relationship manager for clients, enhancing the overall customer experience.

In conclusion, Bahubali Company has established itself as a reputable player in the Indian financial services market. With a commitment to regulatory compliance, a diverse range of trading services, and a focus on customer satisfaction, it continues to grow and adapt to the evolving needs of investors. For those looking to explore more about Bahubali Company or to start trading, learn more.

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