Company Information

Get to know State Trading Corporation Of I

Established in 1956, The State Trading Corporation of India Ltd. (STC) is a Public Sector Undertaking (PSU) under the administrative control of the Ministry of Commerce & Industry, Government of India. It was set up to be a premier international trading house to handle trade with Eastern European countries and to supplement the efforts of the private sector in developing Indian exports. Over the years, its activities covered a wide range of items for export, import, and domestic trade. In January 2023, the Indian government decided to close the corporation as part of its restructuring of public sector enterprises.

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State Trading Corporation Of I

India

Founded in

01 Jan 1956 (70 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.