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Rating Index

Pros

User-friendly trading platform that caters to both beginners and experienced traders.
Offers a variety of trading instruments, including forex, commodities, and equities.
Responsive customer service with multiple contact options.

Cons

Lacks valid regulatory licenses, posing a potential risk for traders.
High potential risk associated with trading due to the absence of regulatory oversight.
Mixed reviews regarding the performance and reliability of their services.

Shareway Company

Shareway Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Shareway Securities Limited, originally known as Shareway Securities Ltd., was established in 2015. The company was founded to provide a robust platform for trading in the Indian stock market, focusing on delivering innovative solutions to traders and investors.

Parent Company/Ownership Structure

Shareway Securities operates as an independent entity under the Kabirdass Group, which has been involved in various industries since 1967. The group initially started as a machine shop catering to foundries and has since diversified into financial services.

Headquarters Location

The headquarters of Shareway Securities is located at # Flat E, 2nd Floor, “Gilli Flower”, No. 6/46, 23rd Street, L Block, Anna Nagar East, Chennai – 600102, India.

Global Business Scope

While primarily focused on the Indian market, Shareway Securities aims to expand its offerings and reach internationally, leveraging technology to enhance trading experiences for clients globally.

Main Regulatory Bodies

Shareway Securities is regulated by:

  • Securities and Exchange Board of India (SEBI)
  • National Stock Exchange (NSE)
  • Central Depository Services Limited (CDSL)

2. Company History and Development

Key Milestones

  • 2015: Establishment of Shareway Securities Limited.
  • 2016: Launch of the trading platform, allowing clients to trade in equities and derivatives.
  • 2018: Introduction of advanced trading features and margin trading options.
  • 2020: Expansion into commodities trading and the introduction of innovative investment products.

Business Expansion Journey

Shareway Securities has steadily expanded its service offerings, initially focusing on equity trading and later incorporating derivatives and commodities. The company has also developed a user-friendly online trading platform that integrates advanced analytics and real-time data.

Customer Base Growth

Since its inception, Shareway has seen significant growth in its customer base. The company has attracted both retail and institutional investors, offering tailored solutions to meet diverse trading needs.

Platform Development History

The trading platform has undergone several iterations to enhance user experience, incorporating features like instant fund transfer, margin trading, and comprehensive risk management tools. The platform is designed to cater to both novice and experienced traders.

Important Awards or Recognitions Received

Shareway Securities has received various accolades for its innovative trading solutions and customer service, positioning itself as a reputable player in the Indian financial services sector.

3. Trading Services Offered

Forex Trading Options

Shareway Securities provides a range of forex trading options, offering multiple currency pairs. Clients can trade major, minor, and exotic pairs, allowing for diversified trading strategies.

Stock Trading Options

The company allows trading in a wide array of stocks listed on the NSE, with options for both intraday and delivery trading. Shareway offers up to 20 times exposure on a broad spectrum of stocks, enhancing trading potential.

CFD Trading Products

Shareway Securities offers Contracts for Difference (CFDs) on various instruments, enabling clients to speculate on price movements without owning the underlying asset. This includes CFDs on indices, commodities, and stocks.

Other Financial Instruments

Shareway also provides access to other financial instruments, including:

  • Cryptocurrencies: Enabling clients to trade popular digital currencies.
  • Commodities: Trading opportunities in gold, silver, and other commodities.
  • Exchange-Traded Funds (ETFs): A range of ETFs for diversified investment.

Special Services or Unique Advantages

Shareway Securities distinguishes itself through:

  • Advanced Investor Assistance System (AIAS): A proprietary system that manages market volatility and portfolio risks.
  • Personalized Goal Planning: Tailored financial planning services to help clients achieve their investment objectives.

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Detailed Regulatory Information

Shareway Securities is subject to regulation by the following bodies:

  • Securities and Exchange Board of India (SEBI): Ensures compliance with securities laws.
  • National Stock Exchange (NSE): Governs trading practices and market operations.
  • Central Depository Services Limited (CDSL): Regulates the custody of securities.

Shareway operates as a private limited company in India, adhering to local laws and regulations. Its legal structure allows for efficient management and compliance with financial regulations.

Client Fund Protection Measures

To safeguard client funds, Shareway Securities employs stringent measures, including:

  • Segregation of Client Funds: Client funds are maintained in separate accounts to ensure protection against company liabilities.
  • Insurance Coverage: Adequate insurance is in place to cover potential risks associated with trading activities.

Countries/Regions Served

Primarily focused on the Indian market, Shareway Securities aims to expand its reach, potentially serving clients in other regions as it grows its international presence.

Compliance History

Shareway has maintained a strong compliance record, adhering to all regulatory requirements set forth by SEBI and other governing bodies. The company regularly updates its policies to reflect changes in regulations.

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5. Competitive Landscape

3-5 Main Competitors

Shareway Securities faces competition from several established players in the financial services sector, including:

  • Zerodha: Known for its low-cost brokerage model and robust trading platform.
  • Upstox: Offers competitive pricing and a user-friendly interface.
  • ICICI Direct: A well-established player with a comprehensive range of financial products.

Positioning in the Industry

Shareway Securities positions itself as a technology-driven brokerage firm, focusing on innovation and customer service. The company aims to attract both retail and institutional clients by providing advanced trading tools and personalized services.

Market Differentiation Factors

Shareway differentiates itself through:

  • Innovative Trading Solutions: Leveraging technology to provide a seamless trading experience.
  • Customer-Centric Approach: Prioritizing client needs and offering tailored financial solutions.
  • Educational Resources: Providing clients with the necessary tools and knowledge to make informed trading decisions.

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In conclusion, Shareway Securities Limited has established itself as a reputable player in the Indian financial services sector. With a focus on innovation, customer service, and regulatory compliance, the company is well-positioned to continue its growth trajectory in the competitive landscape of brokerage services. For more information about Shareway and its offerings, learn more.