LKP Securities Vs Networth Direct – Share Brokers Comparison
LKP Securities Vs Networth Direct
Here is a point by point comparison of LKP Securities Vs Networth Direct. 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 ofĀ ā¹158 Crore for the FY 2016-17.Ā Networth Direct (earlier called Monarch Networth) is a full service stock broker based out of Ahmedabad with a total employee strength of around 650. The broker is known for a wide range of trading and investment products along with decent research quality. Furthermore, the broker has an offline presence in around 325 locations across different parts of India.
Full service brokers such as LKP Securities or Networth Direct 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 Networth Direct 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
Networth Direct Review | LKP Securities Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 1995 | 1948 |
Number of branches across India | 325 | 17 |
Exchanges | NSE, BSE, MCX-SX, MCX and NCDEX | NSE, BSE, MCX & MSEI |
ACCOUNT CHARGES | ||
Trading Account Opening Chargesļ»æ | ā¹0 | ā¹250 |
Trading Account Annual Maintenance Charges | ā¹0 | ā¹0 |
Demat Account Opening Charges | ā¹0 | ā¹0 |
Demat Account Annual Maintenance Charges | ā¹400 | ā¹200 |
Transaction Charges | Monarch Networth Transaction Charges | LKP Securities Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% to 0.1% | 0.1% |
Intraday Delivery | 0.05% to 0.03% | 0.01% |
Equity Futures | 0.05% to 0.03% | 0.01% |
Equity Options | ā¹60 to ā¹25 per lot | ā¹10 per lot |
Currency Futures | 0.05% to 0.03% | 0.007% |
Currency Options | ā¹60 to ā¹25 per lot | ā¹10 per lot |
Commodity | 0.05% to 0.03% | 0.01% |
Brokerage Calculator | Networth Capital Brokerage Calculator | LKP Securities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday, & 3 times for Delivery | Upto 10 Times for Intraday, For Delivery upto 2 times |
Equity Futures | Upto 3 times Intraday | Upto 2 times Intraday |
Equity Options | No Leverage | Buying No Margin, Shorting upto 2 times for Intraday |
Currency Futures | Upto 2 times Intraday | Upto 1.5 times Intraday |
Currency Options | No Leverage | Upto 2 times Intraday |
Commodities | Upto 3 times Intraday | 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) | MNCL Mobile, N-Easy, N-Swift | LKP Blue, Trade Smart LKP Mobile App, LKP Boss |
Total BSE+NSE Complaints %age | 0.07% | 0.18% |
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 Networth Direct for the benefits of other readers. Please feel free to share in the comments below.
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