The side-by-side comparison of Achiievers and Karvy. Compare Achiievers Vs Karvy brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Achiievers vs Karvy?
Achiievers
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 the tagline "Making Money Differently", made it simple wherein a client pays a nominal brokerage charge of either Rs 50 per day for Unlimited Trade or Rs 750 for unlimited trading for the entire month or can opt for a suitable brokerage plan as per con...
Karvy
Alert! 25th Nov 2020 - NSE, BSE terminate Karvy's membership.
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,
Incorporated in 2012, Achiievers is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 branches across India. Incorporated in 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India.
Achiievers trading account opening charges is Rs 750 while Karvy account opening changes is Rs 650. Achiievers Demat Account AMC Charges is Rs 400 and Karvy Demat Account AMC Charges is Rs 420.
Achiievers | Karvy | |
---|---|---|
Trading Account Opening Charges | Rs 750 | Rs 650 |
Trading Account AMC Charges | Nil | Rs 0 |
Demat Account Opening Charges | Nil | Rs 0 |
Demat Account AMC Charges | Rs 400 | Rs 420 |
Achiievers brokerage charges for equity is Rs 15 and intraday is Rs 15 whereas Karvy brokerage charges for equity is 0.3% and intraday is 0.03%.
Achiievers | Karvy | |
---|---|---|
Account Type | Flat Fee Plan | Retail Brokerage Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 15 | 0.3% |
Equity Intraday Brokerage | Rs 15 | 0.03% |
Equity Futures Brokerage | Rs 15 | 0.03% |
Equity Options Brokerage | Rs 15 | Rs 30 per lot |
Currency Futures Trading Brokerage | Rs 15 | 0.03% |
Currency Options Trading Brokerage | Rs 15 | Rs 30 per lot |
Commodity Futures Trading Brokerage | Rs 15 | 0.03% |
Commodity Options Trading Brokerage | Rs 30 per lot | |
Special Offer |
Achiievers | Karvy | |
---|---|---|
Account Type | Mega Value Plan | Premium Subscription Plan of 100000 |
Fixed Charges | Rs 750 | Rs 100,000 per year |
Equity Delivery Brokerage | Rs 0 | 0.1% |
Equity Intraday Brokerage | Rs 0 | 0.01% |
Equity Futures Brokerage | Rs 0 | 0.01% |
Equity Options Brokerage | Rs 0 | Rs 10 per lot |
Currency Futures Trading Brokerage | Rs 0 | 0.01% |
Currency Options Trading Brokerage | Rs 0 | Rs 10 per lot |
Commodity Futures Trading Brokerage | Rs 0 | 0.01% |
Commodity Options Trading Brokerage | Rs 10 per lot |
Achiievers | Karvy | |
---|---|---|
Account Type | ₹50 per day each segment | Retail Brokerage Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 0 | 0.3% |
Equity Intraday Brokerage | Rs 0 | 0.03% |
Equity Futures Brokerage | Rs 0 | 0.03% |
Equity Options Brokerage | Rs 0 | Rs 30 per lot |
Currency Futures Trading Brokerage | Rs 0 | 0.03% |
Currency Options Trading Brokerage | Rs 0 | Rs 30 per lot |
Commodity Futures Trading Brokerage | Rs 0 | 0.03% |
Commodity Options Trading Brokerage | Rs 30 per lot |
Minimum Brokerage Charges | Rs 15 | Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher |
Other Brokerage Charges | ||
Call & Trade Charges | Rs 20 per trade |
Achiievers transaction charges for options is Rs 7500 per Cr (0.075%) while Karvy exchange transaction charges for options is Rs 5500.
Achiievers | Karvy | |
---|---|---|
Equity Delivery | Rs 350 per Cr (0.0035%) | Rs 325 |
Equity Intraday | Rs 350 per Cr (0.0035%) | Rs 325 |
Equity Futures | Rs 390 per Cr (0.0039%) | Rs 230 |
Equity Options | Rs 7500 per Cr (0.075%) | Rs 5500 |
Currency Futures | Rs 175 per Cr (0.00175%) | Rs 325 |
Currency Options | Rs 6500 per Cr (0.065%) | |
Commodity | MCX Agri Rs 325 per Cr (0.00325%) | Non Agri Rs 460 per Cr (0.0046%) | Rs 300 |
Achiievers provides the margin of Upto 8x for intraday trades whereas the Karvy margin for intraday cash is Upto 20x.
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 |
The trading platforms offered Achiievers include NOW Online, NOW Trader. Karvy offers NEST, Karvy Web, Trade Mobile trading software.
Achiievers | Karvy | |
---|---|---|
3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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 is rated 4.6 of 5 based on 5 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.
Achiievers | Karvy | |
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Promo / Offers |
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