Achiievers Vs Karvy (Compare Achiievers and Karvy)
The side-by-side comparison of Achiievers and Karvy. Compare Achiievers Vs Karvy brokerage, charges, exposure margin, demat account. Read Karvy and Achiievers review.
Find out Achiievers Vs Karvy which is better and Achiievers Vs Karvy which is best.
Our Achiievers Equities Ltd comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best between Achiievers and Karvy.
Achiievers Vs Karvy
Achiievers
Karvy
Find more info about broker
About the Broker
Incorporated in 1999, Achiievers Equities Ltd is an online discount brokerage firm offering brokerage services for stocks, futures, and options, currency and commodities on NSE, BSE & MCX.
Achiievers offers a whole new way of trading going with th...
Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.
Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.
Karvy Customers,
Need Help Moving to Another Broker?
Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services.
They offer Customized investment solutions to corporate, institut...
Type of Broker
Discount Broker
Full Service Broker
Supported Exchnage
NSE, BSE and MCX
BSE, NSE, MCX
Account Type
Flat Fee Plan
Retail Brokerage Plan
Broker Enquiry
Year of Incorporation
2012
1985
Number of Branches
1
575
Enquire Achiievers
Achiievers Vs Karvy Charges
Achiievers
Karvy
Trading Account Opening Fees
₹750
₹650
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹0
Demat Account AMC
₹400
₹420
Demat Account is Mandatory?
No
No
Achiievers Vs Karvy Brokerage
Brokerage Plan 1
Achiievers
Karvy
Account Type
Flat Fee Plan
Retail Brokerage Plan
Fixed Charges
NA
Equity Delivery Brokerage
₹15
0.3%
Equity Intraday Brokerage
₹15
0.03%
Equity Futures Brokerage
₹15
0.03%
Equity Options Brokerage
₹15
₹30 per lot
Currency Futures Trading Brokerage
₹15
0.03%
Currency Options Trading Brokerage
₹15
₹30 per lot
Commodity Futures Trading Brokerage
₹15
0.03%
Commodity Options Trading Brokerage
₹30 per lot
Special Offer
Brokerage Plan 2
Achiievers
Karvy
Account Type
Mega Value Plan
Premium Subscription Plan of 100000
Fixed Charges
₹750
₹100,000 per year
Equity Delivery Brokerage
₹0
0.1%
Equity Intraday Brokerage
₹0
0.01%
Equity Futures Brokerage
₹0
0.01%
Equity Options Brokerage
₹0
₹10 per lot
Currency Futures Trading Brokerage
₹0
0.01%
Currency Options Trading Brokerage
₹0
₹10 per lot
Commodity Futures Trading Brokerage
₹0
0.01%
Commodity Options Trading Brokerage
₹10 per lot
Brokerage Plan 3
Achiievers
Karvy
Account Type
₹50 per day each segment
Retail Brokerage Plan
Fixed Charges
NA
Equity Delivery Brokerage
₹0
0.3%
Equity Intraday Brokerage
₹0
0.03%
Equity Futures Brokerage
₹0
0.03%
Equity Options Brokerage
₹0
₹30 per lot
Currency Futures Trading Brokerage
₹0
0.03%
Currency Options Trading Brokerage
₹0
₹30 per lot
Commodity Futures Trading Brokerage
₹0
0.03%
Commodity Options Trading Brokerage
₹30 per lot
Other Charges
Minimum Brokerage Charges
₹15
Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges
Call & Trade Charges
₹20 per trade
Achiievers Vs Karvy Taxes
Achiievers
Karvy
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Achiievers Vs Karvy Transaction Charges
Achiievers
Karvy
Equity Delivery
₹350 per Cr (0.0035%)
₹325
Equity Intraday
₹350 per Cr (0.0035%)
₹325
Equity Futures
₹390 per Cr (0.0039%)
₹230
Equity Options
₹7500 per Cr (0.075%)
₹5500
Currency Futures
₹175 per Cr (0.00175%)
₹325
Currency Options
₹6500 per Cr (0.065%)
Commodity
MCX Agri ₹325 per Cr (0.00325%) | Non Agri ₹460 per Cr (0.0046%)
₹300
Achiievers Vs Karvy Exposure Margin
Achiievers
Karvy
Equity Delivery
Nil
Upto 5x with 24% interest per year
Equity Intraday
Upto 8x
Upto 20x
Equity Futures
Upto 3x
Upto 4x
Equity Options
Nil
Upto 4x for shorting
Currency Futures
NA
Nil
Currency Options
Upto 2x
Nil
Commodity Futures
Upto 4x
Upto 4x
Commodity Options
Nil
Achiievers and Karvy Feature Comparison
Achiievers
Karvy
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
NOW Online, NOW Trader
NEST, Karvy Web, Trade Mobile
Intraday Square-off Time
3:15 PM
3:15
Other Features
Ask the expert, The Finapolis
Referral Program
Achiievers Vs Karvy Review
Achiievers
Karvy
4 Customer Reviews
24 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Achiievers is Rated 4.8 / 5 based on 4 customer reviews Karvy is Rated 2.0 / 5 based on 24 customer reviews
Achiievers Vs Karvy Investment Options
Achiievers
Karvy
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Achiievers Vs Karvy Customer Service
Achiievers
Karvy
24/7 Customer Service
Onine Live Chat
Through Branches
Achiievers Vs Karvy Order Type Offered
Achiievers
Karvy
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Achiievers Vs Karvy Research Report
Achiievers
Karvy
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Achiievers Vs Karvy Suitable For Investor Type
Achiievers
Karvy
Casual Investor
Active Investor
Trader
Achiievers Vs Karvy - Advantages and Disadvantages
Achiievers
Karvy
Pros
MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ ₹750/ per month for trading at NSE, BSE, NSE SX and MCX.
₹50 per day plan and ₹15 per trade plan is also available.
Trading Software's including website, mobile app and installable trading terminals are available for free.
No minimum brokerage.
Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).
More Advantages...
Pay ₹1200 one time and get life time free AMC demat account
Offers investment in IPO and Mutual funds
Free research reports
Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
More Advantages...
Cons
Call and trade facility available with additional charges of ₹20 per trade.
They charge ₹75 per month for Research recommendation on SMS.
More Disadvantages...
Doesn't offer 3 in 1 account
Brokerage rates are negotiable
Higher brokerage compare to discount brokers
More Disadvantages...
Reviews
Promo / Offers
Zerodha
Zero Account Opening Fee