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Achiievers Stock Trading, Demat, Brokerage and Reviews 2021


Achiievers Logo

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 convenience. The company also offers lifetime brokerage subscription plans. There is no commitment required from the client in terms of minimum turnover/contract note charges, software fees or any kind of other charges.

They provide various kinds of financial products like Equity, Commodity, Demat Services, Currency, Mutual Funds, Insurance, Corporate Fixed Deposits, etc. under one roof. They have presence in 850 locations in 12 states across Indis and 280 Business Partners (franchisees) throughout India.

Online Mutual Fund and investment in IPOs through online is a new service they bring in their basket. In the Insurance business, they are the channel partners of some most famous brand houses and industry giants like LIC of India, Reliance Life Insurance, Kotak Life Insurance, DLF Pramerica for Life Insurance products and ICICI Lombard and Cholamandalam M S in General Insurance.

Achiievers Key Facts

  • 20 years stock broking experience
  • 300+ trading centers across India
  • 800+ branch offices in 12 states
  • 1,000+Cr turnover/day in retail
  • 20,000+ clients across the country
  • Offers Mutual Funds, IPOs and Insurance products
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Account Types

Achiievers Equities offers different plans to suit your trading needs:

  1. Flat Rs 50 per day plan

    This plan offers trading at flat Rs 50 per day for unlimited trade. Trading is available at BSE, NSE, and MCX stock exchanges in equity, commodities and currency derivatives segments.

    # Trading Segment Brokerage
    1 Equity Segment Flat Rs 50 per day for the entire equity segment (delivery, Intra-Day and F&O) at NSE & BSE
    2 Currency Segment Flat Rs 50 per day for entire currency segment (Derivatives and Options) at NSE CDS
    3 Commodity Flat Rs 50 per day for entire Commodity Segment trading at MCX
  2. Flat Rs 15 per trade plan

    This plan offers trading at flat Rs 15 per trade irrespective to the size of the trade. The brokerage is charged at Rs 15 per executed order. Trading is available at BSE, NSE and MCX stock exchanges in equity, commodities and currency derivative segments.

    # Trading Segment Brokerage
    1 Equity Segment Flat Rs 15 per executed order in all equity segments (delivery, Intra-Day and F&O) at NSE & BSE
    2 Currency Segment Flat Rs 15 per executed order in all currency segments (Derivatives and Options) at NSE CDS
    3 Commodity Flat Rs 15 per executed order in Commodity Segment trading at MCX
  3. Flat Rs 750 per month unlimited trading plan

    This trading plan offers unlimited monthly trading at flat Rs 750 per month per segment.

  4. Life Time Brokerage Subscription Plans

    This trading plan offers 3 choices of 5, 10 and 15 years validity. Customers have to pay an upfront fee and zero brokerage is charged until the validity period is over. There is no limit to trades done in the validity period.

  5. Traditional Plans

    Trade Type

    Brokerage

    NSE Equity delivery

    0.50%

    NSE Equity Intraday

    0.05%

    Equity Future ( Intraday or carry forward )

    0.05%

    NSE Equity Options ( each leg)

    Rs 100 per lot

    MCX Commodity future ( Intraday or carry )

    0.05%

    MCX Commodity Options

    Rs 50 per lot

    NSE Currency Future ( Intraday or carry )

    0.05%

    Currency options (each leg)

    Rs 10 per lot


Achiievers Online Account Opening

For online trading with Achiievers Equities, an investor has to open an account. The company offers a 2-in-1 trading account. Following are the ways to open an account with Achiievers Equities


Achiievers Trading Software (Achiievers Trading Platforms)

Achiievers doesn't have trading platforms on its own. It provides its customers access to NSE NOW trading platform. The platform is available in mobile, website and desktop versions. NOW Trading Platform is owned by NSE subsidiary Dotex International Limited.

Read in detail about NSE NOW here.

 

Visit Achiievers Trading Software Review for more detail.

Contact Achiievers / Request Call Back

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Achiievers Pros and Cons


Achiievers Pros (Advantages)

The following are the advantages of Achiievers. You must read Achiievers advantages and disadvantages before opening an account with Achiievers. Achiievers pros and cons help you find if it suits your investment needs.

  1. It offers both traditional as well as fixed brokerage plans.
  2. Pan India presence in 850 locations.
  3. Monthly unlimited trading plans available for trading at NSE, BSE and MCX.
  4. Trading Software's including website, mobile app and installable trading terminals are available for free.
  5. Achiievers Equities offer the facility to invest in IPO, FPO, Mutual Funds, FDs, NCDs and Offer For Sale (OFS).
  6. No minimum brokerage.

Achiievers Cons (Disadvantages)

The following are the cons of Achiievers. Check the list of Achiievers drawbacks.

  • No proprietary trading platforms. Need to depend on NSE NOW for feature enhancements in the platforms.
  • Call and trade facility available with additional charges of Rs 20 per trade.

Achiievers Enquiry Form

Achiievers Margin Exposure

Achiievers margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Achiievers F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Achiievers F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure)1x

Achiievers Ratings

Overall Rating Rated 4.6 stars 4.6/5
Fees Rated 4.6 stars 4.6/5
Brokerage Rated 5.0 stars 5.0/5
Usability Rated 4.2 stars 4.2/5
Customer Service Rated 4.2 stars 4.2/5
Research Capabilities Rated 3.0 stars 3.0/5

Based on 5 Votes by Achiievers Customers

Do you trade with Achiievers? Rate Achiievers


Achiievers Complaint

The number of Achiievers customer complaint received by the exchanges. The Achiievers consumer complaint report helps understanding the Achiievers Equities Ltd quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2018-19 1,195 2 0.17%
NSE 2017-18 1,473 2 0.14%
NSE 2016-17 1,503 4 0.27%
NSE 2015-16 1,489 2 0.13%
BSE 2015-16 203 1 0.49%
NSE 2013-14 1,005 4 0.4%
NSE 2012-13 1,027 10 0.97%
BSE 2012-13 523 9 1.72%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit Achiievers Complaints at BSE, NSE and MCX for detail report.


4 Comments

4. Huyryd  Jun 10, 2020 5:10:08 PM I Like It. | Report Abuse Reply
Like

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Research Capabilities - Average
Customer Service - Above Average
Overall Experience - Above Average
3. Rakesh P  Aug 5, 2017 12:50:10 PM I Like It. | Report Abuse Reply
I am using it from last 2 years I am happy to associated with achiievers

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
2. V.Balasubramanian  Mar 3, 2016 11:42:12 AM I Like It. | Report Abuse Reply
I am an ICICI direct customer. I am intend to change from that. whether you have service of sending your representative to my place
1. Meghna Ghosh  Feb 19, 2015 11:26:05 AM I Like It. | Report Abuse Reply
I though it to be hoax, but it is true...no hidden charges and they manage low brokerage by keeping their costing low. Very Honest broker

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