Background Services | ||
---|---|---|
Type of Broker | Discount Broker | Full Service |
Founded | 2016 | 1983 |
Active Clients | 2677 | 2,66,287 |
Product Offered | Equity Spot, Futures & Options in Equity and Currency. | Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Fixed Deposits. |
Depository | CDSL | NSDL & CDSL |
Advisory / Research tips | ||
Advisory | No | Yes |
Charges | ||
Account Opening Charges | ||
Trading Account | Rs. 0 | Rs. 650 |
Demat Account | Rs. 0 | Rs. 650 |
Commodity Account | Rs. 0 | Rs. 0 |
Annual Maintenance Charges | ||
Trading Account | Rs. 0 | After first year Rs. 500 |
Demat Account | Rs. 0 if Rs. 1000 is deposited (refundable amount) | After first year Rs. 500 |
Commodity Account | NO MCX A/c | Rs. 0 |
Brokerage Charges | ||
Equity Delivery | FLAT FEE PLAN - Rs. 15 per executed order
OR UNLIMITED MONTHLY PLAN - Rs. 899 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 499 (Unlimited Currency trading in an exchange) OR UNLIMITED YEARLY PLAN - Rs. 8999 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 4999 (Unlimited Currency trading in an exchange) |
2.5% on turnover |
Equity Intraday | FLAT FEE PLAN - Rs. 15 per executed order
OR UNLIMITED MONTHLY PLAN - Rs. 899 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 499 (Unlimited Currency trading in an exchange) OR UNLIMITED YEARLY PLAN - Rs. 8999 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 4999 (Unlimited Currency trading in an exchange) |
0.25% on turnover |
Equity Futures | FLAT FEE PLAN - Rs. 15 per executed order
OR UNLIMITED MONTHLY PLAN - Rs. 899 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 499 (Unlimited Currency trading in an exchange) OR UNLIMITED YEARLY PLAN - Rs. 8999 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 4999 (Unlimited Currency trading in an exchange) |
0.25% on turnover |
Currency Futures | FLAT FEE PLAN - Rs. 15 per executed order
OR UNLIMITED MONTHLY PLAN - Rs. 899 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 499 (Unlimited Currency trading in an exchange) OR UNLIMITED YEARLY PLAN - Rs. 8999 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 4999 (Unlimited Currency trading in an exchange) |
0.25% on turnover |
Commodity Futures | FLAT FEE PLAN - Rs. 15 per executed order
OR UNLIMITED MONTHLY PLAN - Rs. 899 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 499 (Unlimited Currency trading in an exchange) OR UNLIMITED YEARLY PLAN - Rs. 8999 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 4999 (Unlimited Currency trading in an exchange) |
0.25% on turnover |
Equity Options | FLAT FEE PLAN - Rs. 15 per executed order
OR UNLIMITED MONTHLY PLAN - Rs. 899 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 499 (Unlimited Currency trading in an exchange) OR UNLIMITED YEARLY PLAN - Rs. 8999 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 4999 (Unlimited Currency trading in an exchange) |
0.25% on turnover |
Currency Options | FLAT FEE PLAN - Rs. 15 per executed order
OR UNLIMITED MONTHLY PLAN - Rs. 899 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 499 (Unlimited Currency trading in an exchange) OR UNLIMITED YEARLY PLAN - Rs. 8999 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 4999 (Unlimited Currency trading in an exchange) |
0.25% on turnover |
Commodity Options | FLAT FEE PLAN - Rs. 15 per executed order
OR UNLIMITED MONTHLY PLAN - Rs. 899 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 499 (Unlimited Currency trading in an exchange) OR UNLIMITED YEARLY PLAN - Rs. 8999 (Unlimited Equity and Equity Derivatives trading in an exchange) OR Rs. 4999 (Unlimited Currency trading in an exchange) |
0.25% on turnover |
Technology | ||
Trading Platform | Prostocks. | Karvy Nest. |
Features | ||
Shortcut Keys | Yes | Yes |
Heat Map | No | Yes |
Charting | Yes | Yes |
Intraday Data (Days) | 7+ Days | Daily |
EOD Data (Days) | 1825+ Days (5 Years) | Daily |
Leverages | ||
Equity Delivery | No leverage | 2x on turnover |
Intraday | ||
Equity Spot | 4x-7x on turnover | 10x on turnover |
Equity Futures and Options | 1.5x on ESM | 5x on ESM |
Currency Futures and Options | No leverage | 5x on ESM |
Commodity Futures and Options | No MCX A/c | 5x on ESM |
Intraday with BO & CO | ||
Equity Spot | No BO/CO | 25x on turnover |
Equity Futures and Options | No BO/CO | 25x on ESM |
Currency Futures and Options | No BO/CO | 25x on ESM |
Commodity Futures and Options | No MCX A/c | 25x on ESM |
Customer Support | ||
Phone | Yes | Yes |
Yes | Yes | |
Transaction Alerts | Yes | No |
Live Chat | No | Yes |
Relationship Manager | No | Yes |