Compare stock brokers
Achiievers Equities vs. Share India
All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.
Among the best stockbrokers in India, two top names are Achiievers Equities and Share India. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Achiievers Equities and Share India.
Overview
Achiievers Equities are Share India both private companies and both are discount brokers as well. Suman Chakrvarty co-founded Achiievers Equities in 1999. And Share India was founded in the year 1993 by Sachin Gupta. Achiievers Equities's headquarters are in Kolkata, West Bengal and Share India's headquarters are in Uttar Pradesh, India.
Discount brokers, as the name implies, execute buy/sell orders for a lesser commission rate. They usually impose a flat brokerage fee. Investors can save a significant amount of money if they do not use a full-service broker. Achiievers Equities is registered in NSE, BSE and MCX, while Share India is registered in NSE, BSE, and RSE. The total branches of Achiievers Equities are 1 and the Share India branches are 729.
Overview | Achiievers Equities | Share India |
---|---|---|
Broker Type | Discount Broker | Discount Broker |
Type of company | Private | Private |
Headquarter | Kolkata, West Bengal | Uttar Pradesh, India |
Founders | Suman Chakrvarty | Sachin Gupta |
Foundation Year | 1999 | 1993 |
Supported Exchanges | NSE, BSE and MCX | NSE, BSE, and RSE |
Total branches | 1 | 729 |
Achiievers Equities and Share India Trading Account Opening and Demat Charges
A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).
Account opening fees for various brokers range from 0 to Rs.200, with Achiievers Equities charging Rs.750 and Share India charging Zero.
When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Achiievers Equities Demat account is Free and for the Share India Demat account is Rs.300 per Annum. The Trading AMC for Achiievers Equities and Share India is free. And the margin money for both brokers is also zero.
As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Achiievers Equities and Share India is CDSL.
Account Opening and Demat Charges | Achiievers Equities | Share India |
---|---|---|
Trading Account Opening Charges | Rs.750 | Zero |
Demat AMC (Annual Maintenance Charges) | Free | Rs.300 per Annum |
Trading AMC (Annual Maintenance Charges) | Free | Rs.300 per Annum |
Margin Money | Zero Margin | Rs.10,000 |
Offline to Online Charges | Yes | Rs.100 |
Depository | CDSL & NSDL | CDSL |
Achiievers Equities and Share India Equity Brokerage Charges
There are more charges that a broker charges for equity transactions.
Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Achiievers Equities is Rs.15 per executed order, while Share India charges you Zero Brokerage.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Achiievers Equities is Rs.15 per executed order and for Share India also, it is 0.03%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Achiievers Equities charge Rs.15 per executed order and Share India charge 0.03% for equity futures.
Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Achiievers Equities charges Rs.15 per executed order, and Share India charges Rs.20 per executed order.
Equity Brokerage Charges | Achiievers Equities | Share India |
---|---|---|
Equity Delivery Brokerage | Rs.15 per executed order | Zero Brokerage |
Equity Intraday Brokerage | Rs.15 per executed order | 0.03% |
Equity Futures Brokerage | Rs.15 per executed order | 0.03% |
Equity Options Brokerage | Rs.15 per executed order | Rs.20 per executed order |
Achiievers Equities and Share India Currency Brokerage Charges
Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.
Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Achiievers Equities is Rs.15 per executed order and for Share India is 0.04%.
Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Achiievers Equities charges Rs.15 per executed order for currency options, whereas Achiievers Equities charges 0.04%.
Currency Brokerage Charges | Achiievers Equities | Share India |
---|---|---|
Currency Futures Brokerage | Rs.15 per executed order | 0.04% |
Currency Options Brokerage | Rs.15 per executed order | 0.04% |
Achiievers Equities and Share India Commodity Brokerage Charges
Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Achiievers Equities charges Rs.15 per executed order for commodity trading, while Share India charges 0.04%.
Commodity Brokerage Charges | Achiievers Equities | Share India |
---|---|---|
Commodity Options Brokerage | Rs.15 per executed order | 0.04% |
Achiievers Equities and Share India Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Achiievers Equities levies a minimum brokerage fee of Rs.15, while Share India charges Rs.10 Per Order brokerage fee.
Transaction Brokerage Charges: Achiievers Equities levies a transaction brokerage charge of 0.00280% of Total Turnover, while Share India charges 0.00325% of Total Turnover.
SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Achiievers Equities is 0.0002% of Total Turnover and for Achiievers Equities is 0.0002% of Total Turnover.
Stamp Duty Charges: This fee is charged as per the state and asset class.
GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)
STT (Securities Transaction Tax): The STT charges for Achiievers Equities are 0.0115% of Total Turnover, while for Share India, they are 0.0126% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. Achiievers Equities charges Rs 20 per trade and Share India charges Rs.50 per order placed through a dealer at Share India.
Other Brokerage Charges | Achiievers Equities | Share India |
---|---|---|
Minimum Brokerage Charges | Rs.15 | Rs.10 Per Order | Transaction Brokerage Charges | 0.00280% of Total Turnover | 0.00325% of Total Turnover | SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover | Stamp Duty Charges | As per the state | As per the state | GST Charges | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) | STT Charges | 0.0115% of Total Turnover | 0.0126% of Total Turnover | Call and Trade Charges | Rs 20 per trade | Rs.50 per order placed through a dealer at Share India |
Achiievers Equities and Share India Equity Exposure/Leverage
With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.
Equity Delivery: Leverage provided for Equity Delivery by Achiievers Equities is up to Upto 2x and by Share India it is up to Upto 5x.
Equity Intraday: Leverage for equity intraday by Achiievers Equities is up to Upto 5x and by Share India it is up to Upto 3x.
Equity Futures: Leverage for Equity Futures by Achiievers Equities is up to Upto 3x and by Share India it is up to Upto 10x.
Equity Options: Leverage for Equity Options by Achiievers Equities is up to Upto 3x and by Share India also, it is up to Upto 10x.
Equity Leverage | Achiievers Equities | Share India |
---|---|---|
Equity Delivery | Upto 2x | Upto 5x | Equity Intraday | Upto 5x | Upto 3x | Equity Futures | Upto 3x | Upto 10x | Equity Options | Upto 3x | Upto 10x |
Achiievers Equities and Share India Currency Leverage
The currency futures leverage provided by Achiievers Equities is up to Upto 2x, while for Share India it is up to Upto 10x.
The currency options leverage provided by Achiievers Equities is up to Upto 2x, while for Share India it is up to Upto 10x.
Currency Leverage | Achiievers Equities | Share India |
---|---|---|
Currency Futures | Upto 2x | Upto 10x | Currency Options | Upto 2x | Upto 10x |
Achiievers Equities and Share India Commodity Leverage
The commodity leverage provided by Achiievers Equities is up to Upto 2x, while for Share India it is up to Upto 10x.
Commodity Leverage | Achiievers Equities | Share India |
---|---|---|
Commodity | Upto 2x | Upto 10x |
Achiievers Equities and Share India Offers
Brokers offer various exciting offers to entice new customers. Here are some of them:
Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.
Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.
Brokerage Discounts: Coupons providing up to 50% discount at their rates.
Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.
1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.
Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.
Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.
Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.
Offers | Achiievers Equities | Share India |
---|---|---|
Free Stock Trading Account | Yes | Yes | Free Demat Account | No | Yes | Flexible Plans | Yes | Yes | Brokerage Discounts | Yes | No | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | Yes | No | Referral Program | Yes | No | Zero Brokerage on Loss Trades | No | No |
Achiievers Equities and Share India Features
Equity Trading: Achiievers Equities and Share India brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.
Currency and Commodity Trading: Achiievers Equities and Share India also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Achiievers Equities and Share India broker is that you can also invest in IPOs. Achiievers Equities also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Achiievers Equities offers trading exposure of up to Upto 5x, while Share India gives up to Upto 10x.
Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Achiievers Equities and Share India, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Achiievers Equities and Share India also allow you to trade in forex trading.
Features | Achiievers Equities | Share India |
---|---|---|
Equity Delivery Trading | Yes | Yes | Equity Intraday Trading | Yes | Yes | Equity Futures Trading | Yes | Yes | Equity Options Trading | Yes | Yes | Currency Trading | Yes | Yes |
Commodity Trading | Yes | Yes | IPO (Initial public offering) | Yes | Yes | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | No | No |
Trading Institution | No | No | Trading Exposure | Upto 5x | Upto 10x | Mutual Funds | Yes | Yes | SIP (Systematic Investment Plan) | Yes | Yes | Forex Trading | No | No | Banking | No | No | Insurance | No | No |
Achiievers Equities and Share India Advisory Services
Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-
Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.
Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Achiievers Equities and Share India offer you in-depth research reports.
Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.
Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.
Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.
Advisory Services | Achiievers Equities | Share India |
---|---|---|
Fundamental Reports | Yes | No |
Research Reports | No | No |
Company Reports | No | No |
Annual Reports | No | No |
Company Stock Review | No | No |
Free Stock Tips | Yes | Yes |
IPO Reports | No | Yes |
Top Picks | Yes | Yes |
Daily Market Review | Yes | Yes |
Monthly Reports | Yes | Yes |
Weekly reports | Yes | Yes |
Offline Advisory | No | Yes |
Relationship Manager | No | Yes |
Achiievers Equities and Share India Desktop Trading Platforms
A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Achiievers Equities and Share India offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.
Desktop Trading Platforms | Achiievers Equities | Share India |
---|---|---|
Windows | Yes | Yes |
Mac | Yes | Yes |
Desktop Browser | Yes | Yes |
Achiievers Equities and Share India Mobile Trading Platforms
Achiievers Equities and Share India offer you mobile trading platforms which can be used in iOS and Android applications.
Mobile Trading Platforms | Achiievers Equities | Share India |
---|---|---|
Mobile Browser | No | Yes |
Android App | No | Yes |
iOS App | No | Yes |
Windows App | No | No |
Other mobile os | No | Yes |
Achiievers Equities and Share India Customer Support
Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Achiievers Equities and Share India give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.
Customer Support Features | Achiievers Equities | Share India |
---|---|---|
Relationship Manager | No | Yes |
Offline Trading | No | Yes |
Online Trading | Yes | Yes |
24 * 7 Support | No | Yes |
Email Support | Yes | Yes |
Chat Support | No | Yes |
Toll free number | No | Yes |
Support Branches | 0 | 16 |
Achiievers Equities and Share India Customer Complaints
The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Achiievers Equities and Share India registered and resolved complaints.
For Achiievers Equities, the Percentage of resolved BSE complaints is 88.89 % and the Percentage of resolved NSE complaints is 88.00 %.
For Share India, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.
We can say that Achiievers Equities is better than Share India in case of resolving customer complaints.
BSE Complaints | Achiievers Equities | Share India |
---|---|---|
BSE Complaints | 18 | 11 |
BSE Resolved Complaints | 16 | 11 |
Percentage of resolved BSE complaints | 88.89 % | 100.00 % |
NSE Complaints | 25 | 6 |
NSE Resolved Complaints | 22 | 6 |
Percentage of resolved NSE complaints | 88.00 % | 100.00 % |
BSE/NSE Complaint vs. Resolved Percentage | 88.44 % | 100.00 % |
Frequently Asked Questions
Is Achiievers Equities better than Share India?
Achiievers Equities and Share India are at the top among the best discount brokers. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.
Is Share India better than Achiievers Equities?
Both Share India and Achiievers Equities are discount brokers. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.
Which is cheaper between Achiievers Equities and Share India?
The brokerage charges for Achiievers Equities and Share India are on the cheaper side because they both are discount brokers. . In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.
Which is better, Achiievers Equities and Share India?
To figure out which of the two stockbrokers, Achiievers Equities and Share India, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Achiievers Equities with other stock brokers
Visit the following pages to see a detailed comparision report of Achiievers Equities with other brokerage firms.
Compare Share India with other stock brokers
Visit the following pages to see a detailed comparision report of Share India with other brokerage firms.