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Standard Capital Securities (Pvt) Ltd. is a popular financial company in India that was established in 1990. Later, in 1998, it was turned into a legal entity. The company offers brokerage services. Its official website states that it strives to provide its clients with the best resources that are necessary for reasonable investing and high profits. The company offers its clients a complex of financial services in the field of brokerage and investment advice.
Standard Capital Securities is a part of Standard Chartered. It is also a licensed member of the Bombay stock exchange (BSE) and the National stock exchange (NSE).
The company offers SCS SmarTrader, an up-to-date and flexible trading platform. By means of this platform traders are able to perform deals on the Karachi stock exchange using real-time fundamental and technical data.
SCS SmarTrader has the following functions:
- one-click trading
- bunch trading (an opportunity to perform sell/buy deals on several trading instruments in one click)
- one-click account reset
- intraday updating of technical charts (1 minute; 5, 10, 15, 30 minutes; 1 hour)
- real time trading signals based on a scientific trading system
- fresh fundamental recommendations based on financial ratios
- various technical tools, including the MACD and RSI sell/buy signals, Fibonacci support and resistance
- information about account statements, live profit/loss of a client`s portfolio
- live chat to support clients
- quick order execution
- limit and stop loss orders
Traders have to pay 310 rupees for the account opening and annual service. Standard Chartered Securities requires 15,000 rupees as the minimum deposit. However, clients do not pay for the annual maintenance of trading operations. Moreover, the company makes it easier for investors to perform dematerialization. When opening an account, investors can use free brokerage services for 1 month.
The broker’s clients can benefit from a wide array of trading instruments such as shares, derivatives, commodities, currencies, mutual funds, IPOs etc.
Funds are transferred by sending a cheque or a pay order to the company by a post office (after receiving a cheque, the company`s representatives promise to transfer the specified amount to the client`s account), as well as by electronic payment. To withdraw funds, clients have to fill in the withdrawal request form, which becomes available after logging in to their trading accounts. The company assures that once it receives a withdrawal request, it will send a crossed cheque to the account holder by a courier. If you have questions about withdrawing funds, you may contact the accounting department.
On its website, the company publishes market statistics: market review (MSCI shares, shares with the highest dividend income, best EV/EBITDA shares, best shares for 3 months, best shares for 6 months, etc.), historical prices, portfolio investments, and announcements. Moreover, the company`s website provides clients with fundamental and technical analysis data.
Education
The educational section contains training materials for novice investors. It includes the SCP series guide, software guide, online order execution procedure, procedure of payments, risk disclosure document, and procedure for canceling pending orders.
Support service
Traders do not have access to the Support service section as a server error appears.
Comments left by traders
There are no reviews of the company`s services in open sources.
Advantages and disadvantages
Pros:
- one-click trading
- investors have an opportunity to check the status of their request and the balance in the accounting book
- user-friendly trading platform
- research and consulting services
Cons:
- little information about trading conditions on the official website
- no traders’ comments about the company on the Internet
- no information about the support service on the website
