Interactive Brokers Vs Achiievers Equities – Share Brokers Comparison
Interactive Brokers Vs Achiievers Equities
Here is a point by point comparison of Interactive Brokers Vs Achiievers Equities. Achiievers Equities is a one of its own kind discount broker that provides fixed brokerage plans at Month, Day and Trade level but also provides research reports and market tips. At the same time, Achiievers Equities provides a 3-in-1 account offering convenience to its clients when it comes to payment transfers. Interactive Brokers is actually a US based stock broking company and has a discount broking arm based out of Mumbai as well. With 1100+ employees globally, the broker has presence in 100+ countries and was introduced in India in 2009. However, this discount broker offers limited range of trading and investment products.
Everything about discount brokers such as Achiievers Equities and Interactive Brokers is internet based, be it – customer service, trading, account opening and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on. 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 Interactive Brokers Vs Achiievers Equities 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
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 stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
Interactive Brokers Review | Achiievers Equities Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 1977 | 2012 |
Number of branches across India | 1 | 1 |
Exchanges | NSE, BSE | NSE, BSE, MCX, MCX-SX, NSEL |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹0 | ₹750 |
Trading Account Annual Maintenance Charges | ₹0 (Monthly ₹200 brokerage must be generated otherwise the differential amount will be levied) | ₹400 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
Transaction Charges | Interactive Brokers Transaction Charges | Achiievers Equities Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹6 to ₹20 per executed trade | ₹15 per executed order OR ₹750 per month for Unlimited Trades |
Intraday Delivery | ₹6 to ₹20 per executed trade | ₹15 per executed order OR ₹750 per month for Unlimited Trades |
Equity Futures | ₹6 to ₹20 per executed trade | ₹15 per executed order OR ₹750 per month for Unlimited Trades |
Equity Options | ₹6 to ₹20 per executed trade | ₹15 per executed order OR ₹750 per month for Unlimited Trades |
Currency Futures | ₹6 to ₹20 per executed trade | ₹15 per executed order OR ₹750 per month for Unlimited Trades |
Currency Options | ₹6 to ₹20 per executed trade | ₹15 per executed order OR ₹750 per month for Unlimited Trades |
Commodity | NA | ₹15 per executed order OR ₹750 per month for Unlimited Trades |
Brokerage Calculator | Achiievers Equities Brokerage Calculator | |
EXPOSURE OR LEVERAGE | ||
Equity | 4 times for intraday, 2 times for delivery | Upto 5 times for Intraday, 0 for Delivery |
Equity Futures | Upto 3 times Intraday | Upto 2 times |
Equity Options | Buying No Leverage, Shorting Upto 3 times | NA |
Currency Futures | Upto 2 times Intraday | NA |
Currency Options | Buying No Leverage, Shorting Upto 2 times | Upto 2 times |
Commodities | NA | Upto 4 times |
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) | IB Trader Workstation, IB TWS, IB WebTrader | NOW Online, NOW Trader |
Total BSE+NSE Complaints | 0.04% | 3 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Interactive Brokers Vs Achiievers Equities for the benefits of other readers. Please feel free to share in the comments below.
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