Kotak Securities Review
Brokerage Review

Kotak Securities Review

Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank, was established in 1994. They offer stockbroking services and distribute financial products in India. They have 1200+ branches, franchisees, and satellite offices offer services to nearly 12 Lakh customers. They are listed in BSE and NSE as well. They are also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). But what makes Kotak Securities different from other members of its scope? Trinity a/c distinguishes Kotak from others of its class. It is a unique account that allows the investor to open Demat, trading + a bank account with Kotak Mahindra Bank Limited. One can open those accounts independently or at the same time within the bounds of it with a single application form. Using a 3 in 1 account, the client won't have to manually transfer money to the trading account from the bank account. The required funds get credited automatically. So has a user-friendly interface. Once your account opens, you can trade in Equity, apply for IPO, Mutual Fund, ETF, Tax-free bonds, Currency Derivatives, Gold ETF, etc. Its framework also includes Account Opening Form, Name Change Request Form, Kotak Securities Account Closing Form, etc. are available on their website. One can fill the form as per their requirement and submit it to their registered office.

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IIFL Securities Review
Brokerage Review

IIFL Securities Review

With its branches spread across the country, this leading full broker financial player in the Indian financial services space has 2377 birds in 500+ nests. It is involved in the business of loans and mortgages with its subsidiaries - IIFL Home Finance Limited and Samasta Microfinance Limited. It provides home loans, gold loans, business loans, including loans against property and medium and small enterprise financing. Microfinance, developer and construction finance, and capital market finance; catering to both retail and corporate clients also fall under its umbrella of work. When did it commence? Is it trustworthy? Has it been operating long enough to rely upon for financial spoon-feeding? What is its operation bandwidth? 

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Angel Broking Review: An Honest Opinion on Brokerage
Brokerage Review

Angel Broking Review: An Honest Opinion on Brokerage

It provides access to fundamental & technical analysis services along the content to stay updated with the financial markets via its blogs. But the question crops up, how does it thrive if it offers the services? Since when did it start competing with the other in stockbroking lineage? Let us unravel the mystery. In 2019, Angel Broking reorganized its brokerage edifice to compete with the other stockbroking service providers. Now, it is offering flat rate brokerage plans under the name "Angel iTrade PRIME." In this scheme, it provides trade-in all segments (Intraday, F&O, Currencies & Commodities), at fixed ₹20 per Trade, except Equity Delivery. With 0 charges, it is free to all users.

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Alice Blue Brokerage Review
Brokerage Review

Alice Blue Brokerage Review

Alice Blue Brokerage found its origin in 2006. It is a discounted stockbroker from Bangalore that provides stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (Demat account) through its membership with CDSL. Is the claim of the best-discounted stockbroker stands true for Alice Blue? How much does it charge to be the best? Is it tech-oriented to the level it should be as a fintech company? 

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SAMCO Brokerage Review
Brokerage Review

SAMCO Brokerage Review

SAMCO Brokerage is a Mumbai based fintech company established in 2015. It was awarded "India's best equity broking house" by CNBC-Awaaz in 2019. It has a stockbroking menu caters margin funding, loan against shares, and other financial products. It also offers depository services via CDSL. It is an economic stockbroker known for its lowest-cost brokerage, margin products, higher exposure, and free trading software. Its NBFC unit offers margin funding, loan against shares, and other financial products. It is listed in NSE, BSE, and MCX.

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Stoxkart Brokerage Review
Brokerage Review

Stoxkart Brokerage Review

Stoxkart is a rapidly growing financial discount brokerage house to make trading simple and more economical by breaking all obstacles that traders and investors face in India in terms of value, assistance, and technology. It offers trading platforms at very contentious pricing. It enables us to trade in different segments like Equity, F&O, Commodity & Currency. It also provides access to the online services of Mutual Fund Investment.

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5paisa Brokerage Review
Brokerage Review

5paisa Brokerage Review

5paisa is a preeminent discounted stockbroker in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. It commenced in March 2016 and rose to 2nd largest discount stock broker in India by Dec 2018. What area does it operate? How does it charge? Does it have any client base of its own? Is it even listed? To solve your quest, we have the following answers trailed up - 5paisa online trading is available in equity, Derivatives: commodity, and currency at BSE, NSE, and MCX. 5paisa caters to more than 7,000 retail customers. It has targeted to acquire around 50,000+ customers in the current fiscal period. The customer base is fresher and active traders. 5paisa has intended to initiate trading in commodities and to offer financial services such as personal loans shortly. It also aims to include funding products like IPO, NCDs, etc.

Continue Reading about 2 months ago