Top Stock Advisory
ASE Capital Markets vs. Inventure
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 ASE Capital Markets and Inventure. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of ASE Capital Markets and Inventure.
Overview
ASE Capital Markets and Inventure are both public companies and both are full service broker as well. Ahmedabad Stock Exchange co-founded ASE Capital Markets in 2000. And Inventure was founded in the year 1995 by Kanji B. Rita. ASE Capital Markets's headquarters are in Ahmedabad, Gujarat and Inventure's headquarters are in Mumbai, Maharashtra.
ASE Capital Markets and Inventure both are full service broker as well. ASE Capital Markets is registered in NA, while Inventure is registered in NA. The total branches of ASE Capital Markets are Nil and the Inventure branches are Nil.
| Overview | ASE Capital Markets | Inventure |
|---|---|---|
| Broker Type | Full Service Broker | Full Service Broker |
| Type of company | Public | Public |
| Headquarter | Ahmedabad, Gujarat | Mumbai, Maharashtra |
| Founders | Ahmedabad Stock Exchange | Kanji B. Rita |
| Foundation Year | 2000 | 1995 |
| Supported Exchanges | NA | NA |
| Total branches | Nil | Nil |
ASE Capital Markets and Inventure 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 ASE Capital Markets charging Rs.400 and Inventure charging Rs.499.
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 ASE Capital Markets Demat account is Rs.200 and for the Inventure Demat account is Free. The Trading AMC for ASE Capital Markets and Inventure 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 ASE Capital Markets and Inventure is CDSL.
| Account Opening and Demat Charges | ASE Capital Markets | Inventure |
|---|---|---|
| Trading Account Opening Charges | Rs.400 | Rs.499 |
| Demat AMC (Annual Maintenance Charges) | Rs.200 | Free |
| Trading AMC (Annual Maintenance Charges) | Rs.300 | Free |
| Margin Money | Minimum Rs.10,000 | Minimum Rs.10,000 |
| Offline to Online Charges | Yes | Yes |
| Depository | CDSL & NSDL | CDSL & NSDL |
ASE Capital Markets and Inventure 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 ASE Capital Markets is 0.5% – 0.15%, while Inventure charges you 0.2% – 0.5%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for ASE Capital Markets is 0.05% – 0.015% and for Inventure also, it is 0.02% – 0.05%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. ASE Capital Markets charge 0.05% – 0.015% and Inventure charge 0.02% – 0.05% 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, ASE Capital Markets charges Rs.20 – Rs.75 per lot, and Inventure charges Rs.20 – Rs.50 per Lot.
| Equity Brokerage Charges | ASE Capital Markets | Inventure |
|---|---|---|
| Equity Delivery Brokerage | 0.5% – 0.15% | 0.2% – 0.5% |
| Equity Intraday Brokerage | 0.05% – 0.015% | 0.02% – 0.05% |
| Equity Futures Brokerage | 0.05% – 0.015% | 0.02% – 0.05% |
| Equity Options Brokerage | Rs.20 – Rs.75 per lot | Rs.20 – Rs.50 per Lot |
ASE Capital Markets and Inventure 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 ASE Capital Markets is 0.05% – 0.015% and for Inventure is 0.02% – 0.05%.
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. ASE Capital Markets charges Rs.20 – Rs.75 per lot for currency options, whereas ASE Capital Markets charges Rs.10 – Rs.25 per Lot.
| Currency Brokerage Charges | ASE Capital Markets | Inventure |
|---|---|---|
| Currency Futures Brokerage | 0.05% – 0.015% | 0.02% – 0.05% |
| Currency Options Brokerage | Rs.20 – Rs.75 per lot | Rs.10 – Rs.25 per Lot |
ASE Capital Markets and Inventure 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. ASE Capital Markets charges 0.05% – 0.015% for commodity trading, while Inventure charges 0.02% – 0.05%.
| Commodity Brokerage Charges | ASE Capital Markets | Inventure |
|---|---|---|
| Commodity Options Brokerage | 0.05% – 0.015% | 0.02% – 0.05% |
ASE Capital Markets and Inventure Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: ASE Capital Markets levies a minimum brokerage fee of Percentage of Transaction, while Inventure charges Percentage of Transaction brokerage fee.
Transaction Brokerage Charges: ASE Capital Markets levies a transaction brokerage charge of 0.00295%, while Inventure charges 0.00305%.
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 ASE Capital Markets is 0.0002% of Total Turnover and for ASE Capital Markets 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 ASE Capital Markets are 0.0126% of Total Turnover, while for Inventure, they are 0.0126% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. ASE Capital Markets charges NA and Inventure charges NA.
| Other Brokerage Charges | ASE Capital Markets | Inventure |
|---|---|---|
| Minimum Brokerage Charges | Percentage of Transaction | Percentage of Transaction | Transaction Brokerage Charges | 0.00295% | 0.00305% | 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 | 0.0126% of Total Turnover | 0.0126% of Total Turnover | Call and Trade Charges | NA | NA |
ASE Capital Markets and Inventure 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 ASE Capital Markets is up to Upto 1x and by Inventure it is up to Upto 2x.
Equity Intraday: Leverage for equity intraday by ASE Capital Markets is up to Upto 5x and by Inventure it is up to Upto 5x.
Equity Futures: Leverage for Equity Futures by ASE Capital Markets is up to Upto 3x and by Inventure it is up to Upto 1x.
Equity Options: Leverage for Equity Options by ASE Capital Markets is up to Upto 4x and by Inventure also, it is up to Upto 5x.
| Equity Leverage | ASE Capital Markets | Inventure |
|---|---|---|
| Equity Delivery | Upto 1x | Upto 2x | Equity Intraday | Upto 5x | Upto 5x | Equity Futures | Upto 3x | Upto 1x | Equity Options | Upto 4x | Upto 5x |
ASE Capital Markets and Inventure Currency Leverage
The currency futures leverage provided by ASE Capital Markets is up to Upto 2x, while for Inventure it is up to Upto 2x.
The currency options leverage provided by ASE Capital Markets is up to Upto 3x, while for Inventure it is up to Upto 6x.
| Currency Leverage | ASE Capital Markets | Inventure |
|---|---|---|
| Currency Futures | Upto 2x | Upto 2x | Currency Options | Upto 3x | Upto 6x |
ASE Capital Markets and Inventure Commodity Leverage
The commodity leverage provided by ASE Capital Markets is up to Upto 2x, while for Inventure it is up to Upto 3x.
| Commodity Leverage | ASE Capital Markets | Inventure |
|---|---|---|
| Commodity | Upto 2x | Upto 3x |
ASE Capital Markets and Inventure 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 | ASE Capital Markets | Inventure |
|---|---|---|
| Free Stock Trading Account | Yes | Yes | Free Demat Account | No | Yes | Flexible Plans | No | Yes | Brokerage Discounts | No | Yes | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | No | Yes | Referral Program | No | No | Zero Brokerage on Loss Trades | No | No |
ASE Capital Markets and Inventure Features
Equity Trading: ASE Capital Markets and Inventure 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: ASE Capital Markets and Inventure also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of ASE Capital Markets and Inventure broker is that you can also invest in IPOs. ASE Capital Markets also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. ASE Capital Markets offers trading exposure of up to Upto 5x, while Inventure gives up to Upto 5x.
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 ASE Capital Markets and Inventure, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. ASE Capital Markets and Inventure also allow you to trade in forex trading.
| Features | ASE Capital Markets | Inventure |
|---|---|---|
| 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 | No | 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 5x | Mutual Funds | Yes | Yes | SIP (Systematic Investment Plan) | No | Yes | Forex Trading | No | No | Banking | No | No | Insurance | No | No |
ASE Capital Markets and Inventure 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. ASE Capital Markets and Inventure 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 | ASE Capital Markets | Inventure |
|---|---|---|
| Fundamental Reports | No | Yes |
| Research Reports | No | Yes |
| Company Reports | No | Yes |
| Annual Reports | No | Yes |
| Company Stock Review | No | Yes |
| Free Stock Tips | Yes | Yes |
| IPO Reports | No | Yes |
| Top Picks | Yes | No |
| Daily Market Review | No | No |
| Monthly Reports | No | No |
| Weekly reports | No | No |
| Offline Advisory | Yes | Yes |
| Relationship Manager | Yes | Yes |
ASE Capital Markets and Inventure 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. ASE Capital Markets and Inventure 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 | ASE Capital Markets | Inventure |
|---|---|---|
| Windows | Yes | Yes |
| Mac | Yes | Yes |
| Desktop Browser | No | Yes |
ASE Capital Markets and Inventure Mobile Trading Platforms
ASE Capital Markets and Inventure offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | ASE Capital Markets | Inventure |
|---|---|---|
| Mobile Browser | No | No |
| Android App | No | No |
| iOS App | No | No |
| Windows App | No | No |
| Other mobile os | No | No |
ASE Capital Markets and Inventure 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. ASE Capital Markets and Inventure 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 | ASE Capital Markets | Inventure |
|---|---|---|
| Relationship Manager | Yes | No |
| Offline Trading | Yes | Yes |
| Online Trading | No | Yes |
| 24 * 7 Support | No | No |
| Email Support | No | Yes |
| Chat Support | No | No |
| Toll free number | No | No |
| Support Branches | 10 | 0 |
ASE Capital Markets and Inventure 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 ASE Capital Markets and Inventure registered and resolved complaints.
For ASE Capital Markets, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.
For Inventure, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.
We can say that ASE Capital Markets is better than Inventure in case of resolving customer complaints.
| BSE Complaints | ASE Capital Markets | Inventure |
|---|---|---|
| BSE Complaints | 1 | 0 |
| BSE Resolved Complaints | 1 | 0 |
| Percentage of resolved BSE complaints | 100.00 % | NaN % |
| NSE Complaints | 2 | 1 |
| NSE Resolved Complaints | 2 | 1 |
| Percentage of resolved NSE complaints | 100.00 % | 100.00 % |
| BSE/NSE Complaint vs. Resolved Percentage | 100.00 % | NaN % |
Frequently Asked Questions
Is ASE Capital Markets better than Inventure?
ASE Capital Markets and Inventure 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.
Is Inventure better than ASE Capital Markets?
Inventure and ASE Capital Markets 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.
Which is cheaper between ASE Capital Markets and Inventure?
ASE Capital Markets 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.
Which is better, ASE Capital Markets and Inventure?
To figure out which of the two stockbrokers, ASE Capital Markets and Inventure, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare ASE Capital Markets with other stock brokers
Visit the following pages to see a detailed comparision report of ASE Capital Markets with other brokerage firms.
Compare Inventure with other stock brokers
Visit the following pages to see a detailed comparision report of Inventure with other brokerage firms.