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Evermore Company

Evermore Company: Comprehensive Overview

1. Company Overview

Founding Date and Background

Evermore Company, officially known as Evermore Commodity Brokers Private Limited, was founded in 1993. The company operates within the trading sector, specializing in various financial instruments and services.

Parent Company/Ownership Structure

Evermore Commodity Brokers Private Limited is classified as a private company. As of the latest available information, there are no significant investors or parent companies associated with Evermore, indicating that it operates independently.

Headquarters Location

The headquarters of Evermore Company is located in Delhi, India. This strategic location allows the company to cater to a diverse range of clients within the Indian market and beyond.

Global Business Scope

While primarily focused on the Indian market, Evermore Company is positioned to engage with global trading platforms, providing its services to a variety of clients across different regions.

Main Regulatory Bodies

Evermore Commodity Brokers Private Limited is subject to regulations from relevant financial authorities in India, including the Securities and Exchange Board of India (SEBI). Compliance with these regulations ensures that the company adheres to established financial standards and practices.

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2. Company History and Development

Key Milestones

Since its inception in 1993, Evermore has undergone significant transformations. The company has evolved from a local trading entity to a recognized player in the Indian trading sector.

Business Expansion Journey

Over the years, Evermore has expanded its operational capabilities, adapting to market changes and technological advancements. This growth has allowed the company to diversify its offerings and improve its service delivery.

Customer Base Growth

Evermore has steadily increased its customer base, catering to both individual and institutional clients. This growth can be attributed to its commitment to providing reliable trading services and fostering long-term relationships with clients.

Platform Development History

The company has invested in developing a robust trading platform that supports various financial instruments, enhancing user experience and accessibility for its clients.

Important Awards or Recognitions Received

While specific awards and recognitions for Evermore are not widely documented, the company has garnered a reputation for reliability and professionalism in the trading sector.

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3. Trading Services Offered

Forex Trading Options

Evermore offers a range of forex trading options, providing access to multiple currency pairs. The exact number of currency pairs available can vary, but the company aims to cater to both major and minor currency markets.

Stock Trading Options

The company facilitates stock trading, allowing clients to trade shares of various publicly listed companies. This service is designed to meet the needs of both novice and experienced traders.

CFD Trading Products

Evermore also provides Contracts for Difference (CFDs), enabling clients to speculate on price movements of various assets without owning the underlying asset. This includes options on stocks, indices, and commodities.

Other Financial Instruments

In addition to forex and stock trading, Evermore offers access to other financial instruments, including cryptocurrencies and commodities. This diversification allows clients to explore various investment opportunities.

Special Services or Unique Advantages

Evermore distinguishes itself by offering personalized customer service and tailored trading solutions. The company emphasizes a client-centric approach, ensuring that traders receive the support and resources they need to succeed.

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Detailed Regulatory Information

Evermore Commodity Brokers Private Limited is regulated by the Securities and Exchange Board of India (SEBI), which oversees the securities market in India. Compliance with SEBI regulations ensures that the company operates within legal frameworks designed to protect investors.

The company's legal structure is primarily focused on Indian regulations, with no significant international branches reported. This structure allows for streamlined operations within the Indian market.

Client Fund Protection Measures

Evermore implements robust client fund protection measures, ensuring that client funds are kept secure and separate from the company's operational funds. This practice is crucial for maintaining client trust and regulatory compliance.

Countries/Regions Served

While primarily serving clients in India, Evermore may also cater to clients in neighboring regions, depending on regulatory allowances and market demand.

Compliance History

Evermore's compliance history, as per available data, indicates a commitment to adhering to regulatory standards. The absence of documented compliance issues reinforces the company's reputation for integrity and professionalism.

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5. Competitive Landscape

3-5 Main Competitors

Evermore faces competition from several key players in the trading sector, including:

  1. Zerodha: Known for its low-cost trading model and robust trading platform.
  2. Upstox: Offers a comprehensive trading experience with competitive pricing.
  3. ICICI Direct: A well-established player in the market with a wide range of financial services.
  4. HDFC Securities: Provides extensive research and advisory services along with trading options.

Positioning in the Industry

Evermore positions itself as a reliable trading partner, focusing on customer service and personalized solutions. This approach helps it maintain a competitive edge in a crowded market.

Market Differentiation Factors

The key differentiation factors for Evermore include its commitment to customer service, a diverse range of trading options, and a focus on building long-term relationships with clients. These elements contribute to its reputation as a trustworthy trading entity.

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In conclusion, Evermore Company has established itself as a notable player in the Indian trading sector since its inception in 1993. With a focus on customer service, diverse trading offerings, and adherence to regulatory standards, it continues to attract a growing client base. As the financial landscape evolves, Evermore is well-positioned to adapt and thrive in an increasingly competitive market.

For more information about Evermore's services and offerings, please learn more.