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Legal Metrology

India

Founded in

1995 (31 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

--/90

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

Company Information

Get to know Legal Metrology

Company Information

Get to know Legal Metrology

Legal Metrology is a critical function of government, not a private enterprise. Its mission is to ensure public guarantee from the viewpoint of security and accuracy of weighments and measurements. It regulates the manufacture, import, and sale of weighing and measuring instruments, as well as pre-packaged commodities, to protect consumers and ensure fair trade practices. This field is managed by dedicated government departments or bodies within individual countries (e.g., the Legal Metrology Division of the Department of Consumer Affairs in India, the Office for Product Safety and Standards in the UK). Its history is rooted in the ancient need for standardized weights and measures to facilitate commerce.

Industry