Indiabulls Vs Karvy Online
| |Indiabulls Vs Karvy Online is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.
This comparison article also provides a video comparison between Indiabulls Vs Karvy Online so that you get a 360-degree view about which broker to go ahead with.
Indiabulls Vs Karvy Online Comparison
Here is a point by point comparison of Indiabulls Vs Karvy Online.
Karvy Online is the broking arm of Karvy Group and has presence across 400 cities of India. It is involved not only in retail broking but also has a prominent name in institutional and corporate investments. Incorporated in 1985, Karvy today has membership with BSE, NSE, MCX-SX, MCX and NCDEX and is one of the top 10 stock brokers in India.
Indiabulls Ventures is a discount stockbroking house from Indiabulls Group (pivoted from the full-service broking model). Based out of Gurgaon, Indiabulls has a presence in 18 cities of the country with a client base of 7 Lakhs. It is one of the very few stockbrokers that provides zero brokerage unlimited trading plans to its clients.
Full service brokers such as Karvy Online will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Discount brokers such as Indiabulls Ventures offer trading services at much cheaper brokerage rates and reasonable customer service.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Indiabulls Vs Karvy Online to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Indiabulls Vs Karvy Online Details
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Karvy Online Review | Indiabulls Ventures Review | |
OVERVIEW | ||
Broker Type | Full Service | Full Service Broker |
Incorporated In the Year | 1985 | 2000 |
Number of branches across India | 400 | 150 |
Exchanges | BSE, NSE, MCX-SX, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹0 | ₹450 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹420 | ₹0 |
Demat Account Annual Maintenance Charges | ₹500 (FREE for first year) | ₹450 (Free 1st Year) |
Transaction Charges | Karvy Online Transaction Charges | Indiabulls Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% | 0.01% |
Intraday Delivery | 0.03% | ₹15 per executed order or 0.01% (whichever is lower) |
Equity Futures | 0.03% | ₹15 per executed order or 0.01% (whichever is lower) |
Equity Options | ₹30 per lot | ₹15 per lot |
Currency Futures | 0.03% | ₹15 per executed order or 0.01% (whichever is lower) |
Currency Options | ₹30 per lot | ₹15 per lot |
Commodity | 0.03% | ₹15 per executed order or 0.01% (whichever is lower) |
Brokerage Calculator | Karvy Online Brokerage Calculator | Indiabulls Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Intraday upto 20 times, 0 for Delivery | Upto 10 times for Intraday, & 3 times for Delivery |
Equity Futures | Upto 4 times for Intraday | Upto 3 times Intraday |
Equity Options | No Leverage for buying, upto 4 times for Shorting Intraday | NA |
Currency Futures | No Leverage | Upto 3 times Intraday |
Currency Options | No Leverage | NA |
Commodities | Upto 4 times for Intraday | Upto 3 times Intraday |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | NEST, Karvy Web, Trade Mobile App | Power Indiabulls, Online Trading, Indiabulls Shubh |
Total BSE+NSE Complaints | 229 | 43 |
OVERALL RATING | ||
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