Karvy Online Vs Shriram Insight
| |Karvy Online Vs Shriram Insight comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Karvy Online Vs Shriram Insight Comparison
Here is a point by point comparison of Karvy Online Vs Shriram Insight.
Karvy Online is the broking arm of Karvy Group and has a 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 a membership with BSE, NSE, MCX-SX, MCX and NCDEX and is one of the top 10 stock brokers in India.
Shriram Insight is a full-service stockbroker with a presence in around 700 different locations across India. The broker provides free account opening with reasonable brokerage rates but the quality of its service and research can be improved.
Full-service brokers such as Karvy Online or Shriram Insight 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. 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 Karvy Online Vs Shriram Insight 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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Karvy Online Vs Shriram Insight Compare
Shriram Insight Review | Karvy Online Review | |
OVERVIEW | ||
Broker Type | Full Service | Full Service |
Incorporated In the Year | 1974 | 1985 |
Number of branches across India | 700 | 400 |
Exchanges | NSE, BSE, MCX, RCL | BSE, NSE, MCX-SX, MCX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹290 | ₹420 |
Demat Account Annual Maintenance Charges | ₹0 | ₹500 (FREE for first year) |
Transaction Charges | Shriram Insights Transaction Charges | Karvy Online Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% | 0.3% |
Intraday Delivery | 0.03% | 0.03% |
Equity Futures | 0.03% | 0.03% |
Equity Options | ₹50 per contract | ₹30 per lot |
Currency Futures | 0.03% | 0.03% |
Currency Options | ₹50 per contract | ₹30 per lot |
Commodity | 0.03% | 0.03% |
Brokerage Calculator | Shriram Insight Brokerage Calculator | Karvy Online Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Intraday upto 2 times | Intraday upto 20 times, 0 for Delivery |
Equity Futures | Same as margin | Upto 4 times for Intraday |
Equity Options | Same as margin | No Leverage for buying, upto 4 times for Shorting Intraday |
Currency Futures | Same as margin | No Leverage |
Currency Options | Same as margin | No Leverage |
Commodities | Same as margin | Upto 4 times for 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) | NetPro Desktop, NetPro Browser, Mobile App | NEST, Karvy Web, Trade Mobile App |
Total BSE+NSE Complaints Percentage | 0.05% | 0.08% |
OVERALL RATING | ||
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
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