LKP Securities Vs EZ Wealth – Share Brokers Comparison
LKP Securities Vs EZ Wealth
Here is a point by point comparison of LKP Securities Vs EZ Wealth. LKP Securities is a full-service stockbroker based out of Mumbai and has a presence in more than 2300 locations across 200 cities of India. Started as a securities brokerage house in 1948, LKP Securities is a listed public company that posted a net worth of ₹158 Crore for the FY 2016-17.
EZ Wealth is a New Delhi based discount stock broker coming from the house of Wealth Discovery Securities Private limited. The broker offers low brokerage at 11 and in fact offers multiple brokerage plans depending on user’s preference. Furthermore, the broker also provides free research and tips to its clients.
Discount brokers such as EZ Wealth offer trading services at much cheaper brokerage rates and reasonable customer service. Full-service brokers such as LKP Securities will help you, spoon feed you, hand hold 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 LKP Securities Vs EZ Wealth 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.
Comparison
EZ Wealth Review | LKP Securities Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service Broker |
Incorporated In the Year | 2017 | 1948 |
Number of branches across India | 1 | 17 |
Exchanges | NSE, BSE, MCX, NCDEX | NSE, BSE, MCX & MSEI |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹1100 | ₹250 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹200 |
Transaction Charges | LKP Securities Transaction Charges | |
BROKERAGE | ||
Equity Delivery | ₹11 per executed order | 0.1% |
Intraday Delivery | ₹11 per executed order | 0.01% |
Equity Futures | ₹11 per executed order | 0.01% |
Equity Options | ₹11 per executed order | ₹10 per lot |
Currency Futures | ₹11 per executed order | 0.007% |
Currency Options | ₹11 per executed order | ₹10 per lot |
Commodity | ₹11 per executed order | 0.01% |
Brokerage Calculator | EZ Wealth Brokerage Calculator | LKP Securities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | 3 to 10 times for Intraday | Upto 10 Times for Intraday, For Delivery upto 2 times |
Equity Futures | Upto 2.5 Times | Upto 2 times Intraday |
Equity Options | NA | Buying No Margin, Shorting upto 2 times for Intraday |
Currency Futures | Upto 2.5 Times | Upto 1.5 times Intraday |
Currency Options | NA | Upto 2 times Intraday |
Commodities | Upto 2.5 Times | Upto 2 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) | EZ Desk, EZ WEb, EZ Mobi | LKP Blue, Trade Smart LKP Mobile App, LKP Boss |
Total BSE+NSE Complaints Percentage | 0.09% | 0.06% |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with LKP Securities Vs EZ Wealth for the benefits of other readers. Please feel free to share in the comments below.
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