Tracom

Background And History

Tracom Stock Brokers Pvt Ltd was established on January 1st, 1996 in Ahmedabad, India. The company was established by Mr. Vijay Sakarlal Shah and has expanded into one of the most prestigious financial institutions in India over the last 25 years.

Tracom is located in Vastrapur, Ahmedabad, and operates under the Companies Act 1956 as a Private Limited Company with its headquarters in Ahmedabad, India. Because of its extensive experience in providing stockbroking services to its clients (10,000+ customers), Tracom has built a very loyal customer base. In addition, Tracom's commitment to ethical business practices and transparency has enabled the company to continue to grow and establish a reputation as one of the leading financial institutions in India.

Tracom's extensive product offerings are aimed at meeting the needs of a diverse range of investors.Tracom provides a wide variety of investment choices through its integrated services. Tracom provides customers with access to all asset classes and investment strategies from one provider.

Equity And Derivatives Trading

Tracom provides equity trading on the two largest Indian Stock Exchanges, i.e. BSE & NSE. It provides both cash and derivative options for equity trading and is a member of both exchanges. This membership allows its clients to have access to a larger number of opportunities within the stock market.

Depository & Demat Services

Tracom has been a Depository Participant since 2001, through NSDL, and offers demat accounts. Clients can hold their securities (shares, government securities, ETFs, bonds, and mutual funds) in electronic form, and this simplifies the process of managing their portfolios.

Forex And CFD

For clients who want to trade currencies, Tracom offers an extensive range of currency pairs to suit both novice and experienced traders. In addition, Tracom provides CFD's (Contracts for Differences) which allows clients to speculate on future price movements without owning the underlying asset, opening up more possibilities for these traders.

Portfolio Management Apart from Mutual Funds

For HNW clients, Tracom provides Portfolio Management Services (PMS) to tailor a professionally managed portfolio, which distributes investments across stocks, fixed income, debt, cash, and structured products.Tracom, a corporate ARN holder since 2014 has been selling the stocks of mutual fund companies through his channel.

Tracom has been fully regulated and license-compliant under Indian Law and is a member of the Securities and Exchange Board of India (SEBI), along with all other financial regulatory agencies in India, including the RBI and FIU, for providing proper protection to our clients and ensuring the integrity of our business.

Below are the details of our Regulatory Bodies and their licensing and registration status:

1. Regulatory Body SEBI (NSE, BSE)

License #: INZ000246930

Current Status: Active

2. Regulatory Body SEBI NSDL Depository Participant

License #: IN-DP-178-2015

Current Status: Active

3. Stock Exchange Membership

Membership for NSE & BSE

Current Status: Active

4. NSDL Depository Participant

Since: 2001

Current Status: Active

Technology used by Tracom in the trading environment:

Tracom uses a full computerised environment and state-of-the-art office automation and communication systems to allow for seamless trading by clients through his platform (without public disclosure of exact trading conditions such as spreads, leverage, and minimum deposit requirements). Tracom can trade via a regulated and transparent marketplace by virtue of its membership in NSE and BSE.Trading Platforms

Tracom offers state-of-the-art trading platforms featuring advanced technology and computerized trading operations.

Market Access

Through Tracom, clients can access equity, derivatives, forex, and contracts for differences (CFDs) on both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE).

Automation

Tracom employs the highest levels of office automation and communication capabilities available today to serve its business.

Leverage and Spreads

Information on leverage and spreads are very limited; however, the company is regulated by the Securities and Exchange Board of India (SEBI).

Minimum Deposit

The minimum deposit that must be made when joining Tracom is not publicly known.

Fee Structure

Information on the fee structure of Tracom (including the commission rate(s), deposit and withdrawal fees, and inactivity fees) does not appear to be available publicly. As such, all prospective clients are encouraged to contact Tracom directly to obtain accurate and up-to-date information for their trading needs.

Fee Types

The above table includes details concerning Tracom's fees but only includes limited information on commission rates.

Commission Rates

Information is limited regarding the commission rate(s) for trading with Tracom.

Deposit Fees

Information on deposit fees is not currently available.

Withdrawal Fees

Information on withdrawal fees is not currently available.

Inactivity Fees

Information on inactivity fees is not currently available.

Tracom's User Experience and Market Reputation

Tracom has built a strong reputation for being an ethical and transparent company. By providing personalized investment strategies for its clients and focusing on educating its clients about all aspects of trading, Tracom has built long-term relationships with its clients based on trust. Tracom's commitment to excellence is demonstrated through its clean compliance history and numerous awards, including the NSDL Star Performer Award for Best Overall Performer in Account Growth Rate and Performance in 2014.

Clients often praise Tracom for their fast and efficient service as well as for the daily involvement of Tracom's management in everyday operations. Tracom is unique among the many thousands of brokers presently operating in the marketplace in that they offer boutique-style services that place greater emphasis on the quality of service than the quantity of clientele, as evidenced by their current client base of over 10,000 clients.

Tracom has not made many recent announcements regarding changes or improvements to its services, nor has it announced any new business initiatives since late 2023. The company's core services and commitment to staying compliant with the established industry regulations remain unchanged. All additional inquiries regarding Tracom's available offerings or information regarding new trading platforms and or changes to their fee structure should be made directly to the company through their website.

In Summary

Having built its business over the past 20 years, Tracom is a veteran and trustworthy participant in the Indian financial services industry. The company combines this experience with its client-focused approach to provide its clients with a comprehensive range of services, a commitment to regulatory compliance and ethical business practices, and a solid reputation within the marketplace for providing reliable services and personal attention to its clients.

Although there appears to be limited public information available regarding Tracom's trading conditions (including their fee structure), Tracom has established a credible reputation and presence in the Indian financial market that inspires confidence among its clients. All prospective investors and traders should contact Tracom directly to further explore how the company can assist them in reaching their financial objectives.