Indian Trade and the Best Trading Companies in India

023, Aug 2022

Indian people have a long history of trading with Europeans, dating back to the early days of colonisation. The fur trade was by far the most valuable commodity in this trade, and Indian people were essential to the European economy. In recent years, however, the relationship between the Indian people and the trading company has strained. Indian people have become increasingly critical of the company's policies, and many believe it is no longer acting in their best interests.

Does the trading company have a positive influence on the Indian people?

The Indian Trade Company was formed in 1600, and it had a profound impact on the Indian people. The company was created for trading with the Indian people, quickly becoming one of the essential British companies. The company positively influenced the Indian people because it helped improve their economy and standard of living.

Do Indians consider trading as a career?

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The benefits of using a trading company in India.

India is a vast country with a huge population and a rapidly growing economy. It is also a significant player in the global trade market, with its enormous natural resources and an ample supply of skilled labour. In recent years, India has undertaken considerable industrial deregulation and other structural reforms, recognising that strong exports are critical for overall economic growth and poverty reduction. As such, export-led development has become a key driver of trade in India – making it an essential trailblazer in the recent expansion of international trade.

There are numerous benefits to using a trading company in India, including access to a large and growing market, a vast pool of skilled labour, and a favourable regulatory environment. Import-export opportunities are plentiful, and starting a trading business in India can be highly lucrative.

What is a trading company, and what do they do?

A trading company is a business that buys and sells products in different countries. They usually work with high production volumes of products, such as raw materials, chemicals, generic pharmaceuticals, etc.

Trading companies often have distribution networks in different countries, allowing them to sell products to a wide range of customers. In some cases, trading companies may also provide logistics and other services to their clients.

The trade industry is vital to the economy, as it allows for exchanging goods and services between countries. trade is significant for developing countries as it will enable them to access goods and services they would otherwise be unable to obtain.

The top 10 trading companies in India. 

1. Reliance Industries

Reliance Industries Limited is a multinational conglomerate corporation in India with its headquarters in Mumbai. Energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles are just a few of the many industries it is involved in. One of India's most lucrative businesses, Reliance is also the country's most significant publicly traded business in market capitalisation and revenue. With nearly 236,000 people, it ranks as India's eighth largest employer. As of March 31, 2022, RIL's market capitalisation was US$243 billion.

2. Tata Consultancy Services (TCS)

With its headquarters in Mumbai, Tata Consultancy Services (TCS) is a multinational Indian provider of IT services and consulting. It operates in 149 locations throughout 46 countries as a member of the Tata Group. TCS reportedly reached 6 lakh, or 600,000, employees worldwide in July 2022.

TCS is one of the world's most valuable IT service brands and the second-largest Indian corporation in market capitalisation. TCS, one of the top-ranked Indian corporations and an IT services provider, was ranked 64th in the Forbes list of the "World's Most Innovative Companies" in 2015. It is listed as number 11 on the Fortune India 500 list as of 2018. TCS became the first Indian IT business to do so in April 2018.

3. HDFC Bank

The Housing Development Finance Corporation Limited, or HDFC, was one of the first financial institutions in India to receive Reserve Bank of India (RBI) "in principle" approval to establish a private sector bank. This was done in 1994 as part of the RBI's policy of liberalising the Indian banking industry.

HDFC Bank was founded in August 1994 as HDFC Bank Limited, with its headquarters in Mumbai, India. In January 1995, the bank began operations as a Scheduled Commercial Bank.

5. Assetsfx

With an objective of offering the possible BEST trading opportunities, including ultra-low spreads-fees and lightning-fast trading platforms, AssetsFX was fabricated back in early 2013.

Moving on, here are some mottos that AssetsFX unconditionally lives by:

  • Offering BEST Trading Conditions. 

  • Rendering ULTRA tight spreads, comparably fewer commissions, and super-fast execution

  • Never get constant requotes, system freezing, or elevated slippage during trade execution. 

  • Never meddle with your trading while following the dealing desk.

Along with all of these advantages, you'll also get instant access to Professional level trading conditions, accessible true ECN/STP accounts, a wide range of trading assets and tools, an intelligent trading environment, and much more!

6. Roboforex

In this ever-growing Foreign exchange industry, RoboForex is succeeding as one of the most client-centric brokerages, with more than 3 million live trading accounts.

This enormously renowned brokerage was formed in 2009 and had been operating globally since then. The broker was entitled as well awarded numerous achievements over time.

RoboForex preliminarily renders five types of trading accounts to the retail market traders. Which goes as follows:

The Prime accounts, ECN accounts, R Trader, Pro-Cent, and last but not most minor, Pro-Standard accounts. Anyways, just so you know, these accounts require fewer deposit amounts compared to other brokers like Exness, HotForex, and Tickmill. 

6. Life Insurance Corporation of India (LIC)

The Life Insurance Corporation of India (LIC) is a statutory insurance and investment corporation based in Mumbai, India. It is under the control of the Government of India.

The Life Insurance Corporation of India was established on September 1, 1956, when the Indian Parliament passed the Life Insurance of India Act, which nationalised the Indian insurance industry. The state-owned Life Insurance Corporation of India was formed by merging 245 insurance companies and provident societies.

7. Housing Development Finance Corporation Limited (HDFC)

Mumbai-based Housing Development Finance Corporation Limited (HDFC) is a financial services provider in India. It is a significant provider of house financing in India. Additionally, it operates in the banking industry and provides life and general insurance, asset management, venture capital, real estate, educational loans, and deposits.

8. ICICI Bank

With its headquarters in Vadodara, ICICI Bank Limited is a multinational bank and provider of financial services in India. Through various delivery channels and specialised subsidiaries in investment banking, life, non-life insurance, venture capital, and asset management, it provides a broad range of banking products and financial services for corporate and retail customers.

9. Bajaj Finance

It was initially established on March 25, 1987, as Bajaj Auto Finance Limited, a non-banking financial institution with a primary focus on financing two- and three-wheeled vehicles. Bajaj Car Loan Ltd launched its initial public offering of equity shares listed on the Bombay Stock Exchange and National Stock Exchange of India after 11 years in the auto finance industry.

The company entered the consumer durables lending market around the turn of the 20th century and began providing small loans with 0% APR. Later, Bajaj Auto Finance expanded its lending portfolio to include business and real estate loans.

10. State Bank of India (SBI)

State Bank of India (SBI) is a statutory organisation for financial services and a multinational public sector bank with its headquarters in Mumbai, Maharashtra. The only Indian bank on the Fortune Global 500 list of the biggest companies in the world in 2020, SBI is the 43rd largest bank in the world and is rated 221st.

It is a public sector and the biggest bank in India, with 25% per cent of the overall loan and deposit market and a 23% market share for assets. With about 250,000 workers, it ranks as India's fifth-largest employer.

Factors to consider when choosing a trading company

There are a few key factors to consider when choosing a trading company. The first is trade volume.

  • A company that trades large volumes of goods can provide economies of scale, meaning lower prices for goods and services.
  • They can also provide greater flexibility in shipping and delivery options. Another factor to consider is the company's financial stability.
  • A company with a strong balance sheet and a good credit rating is more likely to weather economic downturns and trade disruptions.
  • Finally, it is essential to consider the company's customer service and support.
  • A company with a reputation for good customer service will be more responsive to your needs and concerns.

Choosing a trading company is an important decision, so consider all of these factors before making a decision.

Best Stock Broker in India with High Brand Trust

Let's start with the Brand Trust rating that each top stock broker receives based on several indicators.

The brand you are trading with must have solid credentials. They must have a significant user base, as well as some respectable names and investors. The valuation of a company is also important to assess in order to get the finest broker.

In our review, we determined Zerodha to be the clear winner by a narrow margin. The brand initially appears in the financial market in 2010 and has a self-assessed valuation of more than $1 billion (as per ESOP)

In terms of brand trust, Upstox comes in second. Ratan Tata, India's most prominent financial market figure, assisted the brand in raising $25 million in 2019. Many other large investors are also utilizing Upstox, which is boosting the brand's reputation.

Angel One wins a prominent position on the list as well, having been in operation since 1987. HDFC Securities is also well-known for its excellent customer service and dependable parent business. Kotak Securities has received similar feedback.

However, when it comes to complaint management, Zerodha and Kotak Securities do not do well. All other brokers appear to be doing well in this sector, particularly Angel One.

However, HDFC Securities' pricing and levies are unsatisfactory. Other brokers, on the other hand, are doing an excellent job.

Which Indian Brokerage Has The Most Active Clients

The more active clients a broker has, the more likely it is that it will never have a problem with the services a broker delivers.

In short, by 2022, Zerodha has risen to first place in terms of active user base.

It is because Zerodha was one of the first brokers to make trading culture accessible to new and inexperienced traders.

Zerodha's growing popularity is also a significant reason why it was named NSE Retail Broker of the Year in 2018 for being the Best Stock Broker in India.

Upstox is ranked second, thanks in large part to its effective marketing. Despite providing the finest trading experience, Angel One has unable to reach 30 lakh active users.

However, we anticipate that broker will also cross the bar with its new modifications.

Groww's active customer base is likewise growing. In 2022, the app would have exceeded 25 lakh active users, and it is expected to be a formidable competitor to Angel One as well.

5Paisa, HDFC Securities, and Kotak Securities are also making news for amassing a big user base.

Even though these brokers have traders with less than 14 lakhs, their accomplishments are amazing. Both Sharekhan and Motilal Oswal have 8.2 lakh active users.

Which Indian Brokerage Are Best For Beginners

Since digital trading became popular in the financial sector, the first thing traders look for is a beginner-friendly stock broker.

Brokers are developing interesting features and simplifying their services to make it easier for each user to trade.

Some of the greatest online share brokers in India are doing excellent work on it. For example, Zerodha makes trading easier for clients by putting all necessary features on a single screen.

Upstox and Angel One are also doing excellent job by making their trading platforms more user-friendly for newcomers.

However, IIFL and Edelweiss provide a fantastic user experience since their systems are simple to use.

Which Indian Brokerage Are Best For Investors

For Small Investors

Small investors are hesitant to invest in the stock market. They are more worried about brokerage and trading costs than large traders.

However, in this stock broker comparison, we discovered some of the greatest options for modest investors.

If you don't have a lot of money to invest, Groww, Zerodha, and Angel One are unquestionably the finest possibilities.

Groww and Angel One are recommended in the mainstream since both applications provide free account opening.

As a small investor, you also have other options, such as Upstox and IIFL. However, account opening may or may not be free, so make sure to verify first.

You may begin investing in the stock market with as little as Rs.500 and participate in SIPs and Day Trading schemes.

For Initial Public Offering Investment

IPO investing is one of the most profitable financial market operations. By participating in IPOs, you may increase your investment by a large number in a matter of weeks or months.

Fortunately, some of the top online brokers make IPO investment simple.

Angel One, Zerodha, Upstox, Kotak Securities, and Motilal Oswal are now famous names that allow you to invest in IPOs. Every day, a new IPO hits the market.

And if you're seeking the Best IPOs in India, these brokers can help. Simply log in to your trading account to see a list of forthcoming and freshly launched IPOs.

For Long-Term Investment 

If you are looking for long-term investment options, we have well-known brokers that can help you.

The top online brokers that customers trust for long-term investing goals include Kotak Securities, Motilal Oswal, ICICI Direct, Angel One, and HDFC Securities.

You may have access to the top stocks for long-term investing at a low cost.

However, Angel One, HDFC, and ICICI Direct are more reliable alternatives because of their brand loyalty and long-standing market reputation.

Kotak Securities and Motilal Oswal are also excellent choices since they provide the greatest long-term investment programs for multiplying your money in the future.

Questions to ask before signing up with a trading company

  1. What are the company's trade qualifications?
  2. How long has the company been in business?
  3. What is the company's success rate?
  4. Does the company have a good reputation?
  5. What are the company's fees?
  6. What are the company's minimum deposit requirements?
  7. What is the company's customer service like?
  8. What are the company's trading platform features?
  9. What are the company's tradeable assets?
  10. Is the company regulated by a reputable agency?

Conclusion

Indians have always been great traders. Trade has been a part of Indian culture for centuries. And in recent years, more and more Indians are considering trade as a viable career option.

A trading company is an organisation that buys and sells goods on behalf of its clients. They typically work with various clients, including manufacturers, retailers, and other businesses.


There are many benefits of using a trading company in India. They can help you source goods at competitive prices, navigate the complex Indian market, and provide valuable insights into the latest trends.

When choosing a trading company in India, there are several factors to consider. Make sure to research and choose a reputable company with experience in your industry.