LKP Securities Vs Goodwill Commodities – Share Brokers Comparison
LKP Securities Vs Goodwill Commodities
Here is a point by point comparison of LKP Securities Vs Goodwill Commodities. LKP Securities is a full service stock broker based out of Mumbai and has 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 networth of ₹158 Crore for the FY 2016-17. Goodwill Commodities is a chennai based full service stock broker which has an expertise in commodity trading. The broker was established in 2008 and has presence in 27 locations across different cities of India. Goodwill Commodities is known to provide high exposure but has relatively low focus on technology.
Full service brokers such as LKP Securities or Goodwill Commodities 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 Goodwill Commodities 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
LKP Securities Review | Goodwill Commodities Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service |
Incorporated In the Year | 1948 | 2008 |
Number of branches across India | 17 | 27 |
Exchanges | NSE, BSE, MCX & MSEI | BSE, NSE, MCX, NCDEX, MSEI |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹250 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹200 | ₹0 |
Transaction Charges | LKP Securities Transaction Charges | Goodwill Commodities Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.1% | 0.5% |
Intraday Delivery | 0.01% | 0.1% |
Equity Futures | 0.01% | 0.1% |
Equity Options | ₹10 per lot | 2.5% on the premium or ₹100 per contract, whichever is higher |
Currency Futures | 0.007% | 0.1% |
Currency Options | ₹10 per lot | 2.5% on the premium or ₹30 per contract, whichever is higher |
Commodity | 0.01% | 0.1% |
Brokerage Calculator | Goodwill Commodities Brokerage Calculator | |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 Times for Intraday, For Delivery upto 2 times | Upto 5 times Intraday, Upto 2 times delivery |
Equity Futures | Upto 2 times Intraday | Upto 3 times for Intraday |
Equity Options | Buying No Margin, Shorting upto 2 times for Intraday | No Leverage |
Currency Futures | Upto 1.5 times Intraday | Upto 2 times for Intraday |
Currency Options | Upto 2 times Intraday | No Leverage |
Commodities | Upto 2 times Intraday | Upto 3 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) | LKP Blue, Trade Smart LKP Mobile App, LKP Boss | ODIN Diet, NEST, iWin Mobile App, Goodwill Web Trading app |
Complaints percentage | 0.18% | 0.15% |
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 LKP Securities Vs Goodwill Commodities for the benefits of other readers. Please feel free to share in the comments below.
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