The side-by-side comparison of Karvy and Trustline. Compare Karvy Vs Trustline brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Karvy vs Trustline?
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,
Trustline
Incorporated in 1989, Trustline Securities is a Noida based financial service provider. Trustline is a full-service broker for over 25 years. Trustline offers customised investment solutions to corporate, institutions and retail investors, through a wide network of offices across India. Trustline provides brokerage services through the online trading website and 400+ branch offices.
Trustline research desk offers research based-on technical and fundamental analysis in equity, currency, and comm...
Incorporated in 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India. Incorporated in , Trustline is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has branches across India.
Karvy trading account opening charges is Rs 650 while Trustline account opening changes is Rs 0 (Free). Karvy Demat Account AMC Charges is Rs 420 and Trustline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0.
Karvy | Trustline | |
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Trading Account Opening Charges | Rs 650 | Rs 0 (Free) |
Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 | Regular: Rs 0, Lifetime Free AMC: Rs 1000 |
Demat Account AMC Charges | Rs 420 | Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 |
Karvy brokerage charges for equity is 0.3% and intraday is 0.03% whereas Trustline brokerage charges for equity is 0.20% (20 paisa) and intraday is 0.02% (2 paisa).
Karvy | Trustline | |
---|---|---|
Account Type | Retail Brokerage Plan | Full-service Brokerage Plan |
Fixed Charges | ||
Equity Delivery Brokerage | 0.3% | 0.20% (20 paisa) |
Equity Intraday Brokerage | 0.03% | 0.02% (2 paisa) |
Equity Futures Brokerage | 0.03% | 0.02% (2 paisa) |
Equity Options Brokerage | Rs 30 per lot | Rs 75 per lot |
Currency Futures Trading Brokerage | 0.03% | 0.02% (2 paisa) |
Currency Options Trading Brokerage | Rs 30 per lot | Rs 7.5 per lot |
Commodity Futures Trading Brokerage | 0.03% | Future: 0.02% (2 paisa) | Options: Rs 50 per lot |
Commodity Options Trading Brokerage | Rs 30 per lot | |
Special Offer | Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback |
Karvy | Trustline | |
---|---|---|
Account Type | Premium Subscription Plan of 100000 | Full-service Brokerage Plan |
Fixed Charges | Rs 100,000 per year | |
Equity Delivery Brokerage | 0.1% | 0.20% (20 paisa) |
Equity Intraday Brokerage | 0.01% | 0.02% (2 paisa) |
Equity Futures Brokerage | 0.01% | 0.02% (2 paisa) |
Equity Options Brokerage | Rs 10 per lot | Rs 75 per lot |
Currency Futures Trading Brokerage | 0.01% | 0.02% (2 paisa) |
Currency Options Trading Brokerage | Rs 10 per lot | Rs 7.5 per lot |
Commodity Futures Trading Brokerage | 0.01% | Future: 0.02% (2 paisa) | Options: Rs 50 per lot |
Commodity Options Trading Brokerage | Rs 10 per lot |
Minimum Brokerage Charges | Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher | Rs 0 (No Minimum Brokerage) |
Other Brokerage Charges | Physical contact notes: Rs 20 | |
Call & Trade Charges | Rs 0 (Free) |
Karvy transaction charges for options is Rs 5500 while Trustline exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
Karvy | Trustline | |
---|---|---|
Equity Delivery | Rs 325 | NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) |
Equity Intraday | Rs 325 | NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) |
Equity Futures | Rs 230 | NSE Rs 190 per crore (0.0019%) |
Equity Options | Rs 5500 | NSE Rs 5000 per crore (0.05%) |
Currency Futures | Rs 325 | NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%) |
Currency Options | NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500 | |
Commodity | Rs 300 | MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%) |
Karvy provides the margin of Upto 20x for intraday trades whereas the Trustline margin for intraday cash is Up to 20x.
Karvy | Trustline | |
---|---|---|
Equity Delivery | Upto 5x with 24% interest per year | 1x (100% Margin Required) |
Equity Intraday | Upto 20x | Up to 20x |
Equity Futures | Upto 4x | NSE: 2x |
Equity Options | Upto 4x for shorting | NSE: 2x |
Currency Futures | Nil | NSE: 2x |
Currency Options | Nil | NSE: 2x |
Commodity Futures | Upto 4x | MCX Futures: 8x |
Commodity Options |
The trading platforms offered Karvy include NEST, Karvy Web, Trade Mobile. Trustline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.
Karvy | Trustline | |
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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 | NEST, Karvy Web, Trade Mobile | Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. |
Intraday Square-off Time | 3:15 | Equity: 3:15 PM, Commodity: 11:15 PM |
Other Features | Ask the expert, The Finapolis | |
Referral Program |
Karvy is rated 2.0 of 5 based on 24 customer reviews whereas Trustline is rated 4.0 of 5 based on 1 customer reviews.
Karvy | Trustline | |
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Pros |
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Cons |
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Reviews | ||
Promo / Offers | Lifetime FREE AMC Demat Account - 50% OffGet 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening. This is a limited time offer. Simply leave your contact information with us and Trustline representatives will contact you. |
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