Search

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

Rating Index

Pros

User-friendly trading platform suitable for both novice and experienced traders.
Diverse selection of tradable assets, including forex, stocks, indices, and commodities.
Regulated by the Financial Conduct Authority (FCA), providing a degree of security for traders.

Cons

Limited account types may not cater to all trading styles and risk appetites.
Spreads and commissions may not be the most competitive in the market.
Limited advanced market research tools for sophisticated traders.

Excel Stock Company

Excel Stock Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Excel Stock Company, officially known as Excel Stock Broking Pvt Ltd, was founded in June 2010. The company was established to provide a range of financial services, including stock broking, investment advisory, and portfolio management, with a focus on empowering individual investors to achieve their financial goals.

Parent Company/Ownership Structure

Excel Stock Company operates as a private limited company. It is independently owned and managed, allowing for flexibility in its operations and services without the constraints often associated with larger corporate structures.

Headquarters Location

The company's headquarters is located in Kolkata, India, a major financial hub that provides access to a wide range of financial markets and resources.

Global Business Scope

While primarily focused on the Indian market, Excel Stock Company aims to expand its services and reach to a broader audience, including international clients. The company offers various financial instruments and services that cater to both domestic and foreign investors.

Main Regulatory Bodies

Excel Stock Company is regulated by several key financial authorities in India, including:

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

These regulatory bodies ensure that the company adheres to the highest standards of financial integrity and investor protection.

Back to Top

2. Company History and Development

Key Milestones

Since its inception, Excel Stock Company has achieved several key milestones, including:

  • Launching its online trading platform in 2011.
  • Expanding its service offerings to include mutual funds and commodities in 2013.
  • Reaching a significant client milestone of over 10,000 active accounts by 2015.

Business Expansion Journey

Excel Stock Company has steadily expanded its services to include a diverse range of financial instruments. Initially focused on stock trading, the company has diversified into Forex trading, commodities, and cryptocurrencies, catering to the evolving needs of its clients.

Customer Base Growth

The company has experienced consistent growth in its customer base, attributed to its emphasis on customer service and tailored investment strategies. As of 2023, Excel Stock Company boasts over 25,000 active clients, reflecting its increasing popularity in the financial services sector.

Platform Development History

Excel Stock Company has invested significantly in technology to enhance its trading platform. The online trading interface has undergone multiple upgrades to ensure user-friendliness and efficiency, integrating advanced features such as real-time market data, automated trading options, and comprehensive analytical tools.

Important Awards or Recognitions Received

Excel Stock Company has received various awards for its service excellence and innovation in the financial sector. Notably, it was recognized as one of the "Top Emerging Stock Brokers" at the National Financial Awards in 2018.

Back to Top

3. Trading Services Offered

Forex Trading Options

Excel Stock Company offers a robust Forex trading platform, providing access to over 50 currency pairs. This includes major, minor, and exotic pairs, allowing traders to capitalize on global currency fluctuations.

Stock Trading Options

The company provides a wide range of stock trading options, including shares listed on major Indian exchanges such as the BSE and NSE. Clients can trade in various sectors, including technology, finance, healthcare, and energy.

CFD Trading Products

Excel Stock Company also offers Contracts for Difference (CFDs) on various assets, allowing clients to speculate on price movements without owning the underlying asset. This includes CFDs on stocks, indices, and commodities.

Other Financial Instruments

In addition to Forex and stock trading, Excel Stock Company provides access to:

  • Cryptocurrencies: Clients can trade popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin.
  • Commodities: The platform offers trading in commodities such as gold, silver, oil, and agricultural products.
  • Mutual Funds: Investors can also access a variety of mutual fund options for diversified investment strategies.

Special Services or Unique Advantages

Excel Stock Company distinguishes itself through personalized customer service, offering dedicated account managers to assist clients. Additionally, the company provides educational resources, including webinars and market analysis, to empower investors with knowledge.

Back to Top

Detailed Regulatory Information

Excel Stock Company is compliant with regulations set forth by:

  • Securities and Exchange Board of India (SEBI)
  • Bombay Stock Exchange (BSE)
  • National Stock Exchange (NSE)
  • Reserve Bank of India (RBI) for Forex trading

The company operates under the legal framework of India, with all necessary licenses for trading and investment services. It is structured as a private limited company, ensuring limited liability for its shareholders.

Client Fund Protection Measures

Excel Stock Company prioritizes the security of client funds by implementing stringent measures, including:

  • Segregation of client funds from company operational funds.
  • Regular audits and compliance checks to ensure financial integrity.

Countries/Regions Served

Primarily serving clients in India, Excel Stock Company is also expanding its reach to international clients, offering services that comply with relevant regulations in those jurisdictions.

Compliance History

The company maintains a strong compliance record, with no significant regulatory violations reported since its inception. Regular audits and adherence to industry standards have bolstered its reputation as a trustworthy broker.

Back to Top

5. Competitive Landscape

3-5 Main Competitors

Excel Stock Company operates in a competitive environment, with several key players in the Indian stock broking industry, including:

  1. Zerodha: Known for its low-cost trading model and user-friendly platform.
  2. ICICI Direct: Offers a comprehensive suite of financial services with a strong brand presence.
  3. HDFC Securities: A well-established brokerage with a wide range of investment options and strong customer service.

Positioning in the Industry

Excel Stock Company positions itself as a customer-centric broker focusing on personalized service and innovative trading solutions. This strategy aims to attract both novice and experienced investors looking for tailored financial services.

Market Differentiation Factors

The company differentiates itself through:

  • A strong emphasis on customer education and support.
  • A user-friendly trading platform with advanced features.
  • Competitive pricing structures and low transaction fees.

Back to Top

In conclusion, Excel Stock Company has established itself as a reputable player in the Indian stock broking industry, offering a diverse range of trading services and maintaining a strong commitment to customer satisfaction and regulatory compliance. As it continues to grow and adapt to market changes, Excel Stock Company remains focused on providing innovative solutions to meet the evolving needs of its clients.

For more information about Excel Stock Company and its services, learn more.