Top Stock Advisory


Adroit Financial vs. Way2Wealth

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 Adroit Financial and Way2Wealth. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Adroit Financial and Way2Wealth.


Adroit Financial are Way2Wealth both private companies and both are full service broker as well. Ajay Kumar Gupta co-founded Adroit Financial in 1994. And Way2Wealth was founded in the year 1984 by V.G. Siddhartha. Adroit Financial's headquarters are in Ghaziabad, Uttar Pradesh and Way2Wealth's headquarters are in Bangalore, Karnataka.

Adroit Financial and Way2Wealth both are full service broker as well. Adroit Financial is registered in NA, while Way2Wealth is registered in NA. The total branches of Adroit Financial are Nil and the Way2Wealth branches are Nil.

OverviewAdroit FinancialWay2Wealth
Broker TypeFull Service BrokerFull Service Broker
Type of companyPrivatePrivate
HeadquarterGhaziabad, Uttar PradeshBangalore, Karnataka
FoundersAjay Kumar GuptaV.G. Siddhartha
Foundation Year19941984
Supported ExchangesNANA
Total branchesNilNil

Adroit Financial and Way2Wealth 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 Adroit Financial charging Rs.400 and Way2Wealth 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 Adroit Financial Demat account is Rs.250 per Annum and for the Way2Wealth Demat account is Rs.242 per Annum. The Trading AMC for Adroit Financial and Way2Wealth 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 Adroit Financial and Way2Wealth is CDSL.

Account Opening and Demat ChargesAdroit FinancialWay2Wealth
Trading Account Opening ChargesRs.400Zero
Demat AMC (Annual Maintenance Charges)Rs.250 per AnnumRs.242 per Annum
Trading AMC (Annual Maintenance Charges)FreeFree
Margin MoneyMinimum Rs.5,000Minimum 10,000
Offline to Online ChargesYesYes

Adroit Financial and Way2Wealth 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 Adroit Financial is 0.33%, while Way2Wealth charges you 0.1% – 0.4%.

Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Adroit Financial is 0.03% and for Way2Wealth also, it is 0.01% – 0.04%.

Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Adroit Financial charge 0.03% and Way2Wealth charge 0.01% – 0.04% 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, Adroit Financial charges Rs.35 per Lot, and Way2Wealth charges Rs.20 – Rs.70 per Lot.

Equity Brokerage ChargesAdroit FinancialWay2Wealth
Equity Delivery Brokerage0.33%0.1% – 0.4%
Equity Intraday Brokerage0.03%0.01% – 0.04%
Equity Futures Brokerage0.03%0.01% – 0.04%
Equity Options BrokerageRs.35 per LotRs.20 – Rs.70 per Lot

Adroit Financial and Way2Wealth 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 Adroit Financial is 0.03% and for Way2Wealth is 0.01% – 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. Adroit Financial charges Rs.25 per Lot for currency options, whereas Adroit Financial charges Rs.10 – Rs.40 per Lot.

Currency Brokerage ChargesAdroit FinancialWay2Wealth
Currency Futures Brokerage0.03%0.01% – 0.04%
Currency Options BrokerageRs.25 per LotRs.10 – Rs.40 per Lot

Adroit Financial and Way2Wealth 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. Adroit Financial charges 0.03% for commodity trading, while Way2Wealth charges 0.01% – 0.04%.

Commodity Brokerage ChargesAdroit FinancialWay2Wealth
Commodity Options Brokerage0.03%0.01% – 0.04%

Adroit Financial and Way2Wealth Other Charges

Here are some other broker charges that should know about -

Minimum Broker Charges: Adroit Financial levies a minimum brokerage fee of Percentage of Transaction, while Way2Wealth charges Customizable brokerage fee.

Transaction Brokerage Charges: Adroit Financial levies a transaction brokerage charge of 0.00295%, while Way2Wealth 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 Adroit Financial is 0.0002% of Total Turnover and for Adroit Financial 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 Adroit Financial are 0.0126% of Total Turnover, while for Way2Wealth, they are 0.0126% of Total Turnover.

Call and Trade Charges: This charge varies for different brokers. Adroit Financial charges NA and Way2Wealth charges NA.

Other Brokerage ChargesAdroit FinancialWay2Wealth
Minimum Brokerage ChargesPercentage of TransactionCustomizable
Transaction Brokerage Charges0.00295%0.00325% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp Duty ChargesAs per the stateAs per the state
GST Charges18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of Total Turnover0.0126% of Total Turnover
Call and Trade ChargesNANA

Adroit Financial and Way2Wealth 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 Adroit Financial is up to Upto 1x and by Way2Wealth it is up to Upto 2x.

Equity Intraday: Leverage for equity intraday by Adroit Financial is up to Upto 2x and by Way2Wealth it is up to Upto 6x.

Equity Futures: Leverage for Equity Futures by Adroit Financial is up to Upto 1x and by Way2Wealth it is up to Upto 2x.

Equity Options: Leverage for Equity Options by Adroit Financial is up to Upto 2x and by Way2Wealth also, it is up to Upto 4x.

Equity LeverageAdroit FinancialWay2Wealth
Equity DeliveryUpto 1xUpto 2x
Equity IntradayUpto 2xUpto 6x
Equity FuturesUpto 1xUpto 2x
Equity OptionsUpto 2xUpto 4x

Adroit Financial and Way2Wealth Currency Leverage

The currency futures leverage provided by Adroit Financial is up to Upto 1x, while for Way2Wealth it is up to Upto 2x.

The currency options leverage provided by Adroit Financial is up to Upto 1x, while for Way2Wealth it is up to Upto 2x.

Currency LeverageAdroit FinancialWay2Wealth
Currency FuturesUpto 1xUpto 2x
Currency OptionsUpto 1xUpto 2x

Adroit Financial and Way2Wealth Commodity Leverage

The commodity leverage provided by Adroit Financial is up to Upto 1x, while for Way2Wealth it is up to Upto 2x.

Commodity LeverageAdroit FinancialWay2Wealth
CommodityUpto 1xUpto 2x

Adroit Financial and Way2Wealth 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.

OffersAdroit FinancialWay2Wealth
Free Stock Trading AccountYesYes
Free Demat AccountNoYes
Flexible PlansNoYes
Brokerage DiscountsNoYes
Happy HoursNoNo
1 Month Free PlanNoNo
Holiday OffersNoYes
Referral ProgramNoYes
Zero Brokerage on Loss TradesNoNo

Adroit Financial and Way2Wealth Features

Equity Trading: Adroit Financial and Way2Wealth 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: Adroit Financial and Way2Wealth also offer you to trade in currency and commodities.

Initial Public Offering (IPOs): One of the greatest advantages of Adroit Financial and Way2Wealth broker is that you can also invest in IPOs. Adroit Financial also has an added advantage that they provide you with robo-advisory services as well.

Trading Exposure: Different brokers provide different trading exposures. Adroit Financial offers trading exposure of up to Upto 2x, while Way2Wealth gives up to Upto 6x.

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 Adroit Financial and Way2Wealth, you can invest in mutual funds through SIP and Lumpsum.

Forex Trading: With Forex Trading, you can trade in various international currencies. Adroit Financial and Way2Wealth also allow you to trade in forex trading.

FeaturesAdroit FinancialWay2Wealth
Equity Delivery TradingYesYes
Equity Intraday TradingYesYes
Equity Futures TradingYesYes
Equity Options TradingYesYes
Currency TradingYesYes
Commodity TradingYesYes
IPO (Initial public offering)YesYes
Stocks SuggestionsNoNo
Robo AdvisoryNoYes
PMS (Portfolio Management Services)NoYes
Trading InstitutionNoNo
Trading ExposureUpto 2xUpto 6x
Mutual FundsYesYes
SIP (Systematic Investment Plan)YesYes
Forex TradingNoNo

Adroit Financial and Way2Wealth 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. Adroit Financial and Way2Wealth 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 ServicesAdroit FinancialWay2Wealth
Fundamental ReportsNoYes
Research ReportsNoYes
Company ReportsNoYes
Annual ReportsNoYes
Company Stock ReviewNoYes
Free Stock TipsYesYes
IPO ReportsYesYes
Top PicksYesYes
Daily Market ReviewYesYes
Monthly ReportsYesYes
Weekly reportsYesYes
Offline AdvisoryYesYes
Relationship ManagerYesYes

Adroit Financial and Way2Wealth 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. Adroit Financial and Way2Wealth 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 PlatformsAdroit FinancialWay2Wealth
Desktop BrowserNoYes

Adroit Financial and Way2Wealth Mobile Trading Platforms

Adroit Financial and Way2Wealth offer you mobile trading platforms which can be used in iOS and Android applications.

Mobile Trading PlatformsAdroit FinancialWay2Wealth
Mobile BrowserNoNo
Android AppYesYes
iOS AppYesYes
Windows AppNoNo
Other mobile osNoNo

Adroit Financial and Way2Wealth 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. Adroit Financial and Way2Wealth 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 FeaturesAdroit FinancialWay2Wealth
Relationship ManagerNoYes
Offline TradingYesYes
Online TradingYesYes
24 * 7 SupportNoNo
Email SupportYesYes
Chat SupportNoNo
Toll free numberNoNo
Support Branches9180

Adroit Financial and Way2Wealth 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 Adroit Financial and Way2Wealth registered and resolved complaints.

For Adroit Financial, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.

For Way2Wealth, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.

We can say that Adroit Financial is better than Way2Wealth in case of resolving customer complaints.

BSE ComplaintsAdroit FinancialWay2Wealth
BSE Complaints1128
BSE Resolved Complaints1128
Percentage of resolved BSE complaints100.00 %100.00 %
NSE Complaints2196
NSE Resolved Complaints2196
Percentage of resolved NSE complaints100.00 %100.00 %
BSE/NSE Complaint vs. Resolved Percentage100.00 %100.00 %

Frequently Asked Questions

  1. Is Adroit Financial better than Way2Wealth?

    Adroit Financial and Way2Wealth are at the top among the best full service brokers. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.

  2. Is Way2Wealth better than Adroit Financial?

    Way2Wealth and Adroit Financial are at the top among the best full service 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.

  3. Which is cheaper between Adroit Financial and Way2Wealth?

    Adroit Financial and operate as full-service brokers, generally resulting in higher brokerage charges compared to 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.

  4. Which is better, Adroit Financial and Way2Wealth?

    To figure out which of the two stockbrokers, Adroit Financial and Way2Wealth, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.

Compare Adroit Financial with other stock brokers

Visit the following pages to see a detailed comparision report of Adroit Financial with other brokerage firms.

Compare Way2Wealth with other stock brokers

Visit the following pages to see a detailed comparision report of Way2Wealth with other brokerage firms.