Top Stock Advisory
Exclusive Securities vs. Nine Star
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 Exclusive Securities and Nine Star. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Exclusive Securities and Nine Star.
Overview
Exclusive Securities is public company and Nine Star is private company. both are full service broker as well. Purushottam Gupta co-founded Exclusive Securities in 1994. And Nine Star was founded in the year 2010 by Raj Kumar Dugar. Exclusive Securities's headquarters are in Indore, M.P and Nine Star's headquarters are in Kolkata.
Exclusive Securities and Nine Star both are full service broker as well. Exclusive Securities is registered in NA, while Nine Star is registered in NA. The total branches of Exclusive Securities are Nil and the Nine Star branches are Nil.
| Overview | Exclusive Securities | Nine Star |
|---|---|---|
| Broker Type | Full Service Broker | Full Service Broker |
| Type of company | Public | Private |
| Headquarter | Indore, M.P | Kolkata |
| Founders | Purushottam Gupta | Raj Kumar Dugar |
| Foundation Year | 1994 | 2010 |
| Supported Exchanges | NA | NA |
| Total branches | Nil | Nil |
Exclusive Securities and Nine Star 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 Exclusive Securities charging Rs.330 and Nine Star charging Rs.300.
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 Exclusive Securities Demat account is Rs.250 per Annum and for the Nine Star Demat account is Free. The Trading AMC for Exclusive Securities and Nine Star 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 Exclusive Securities and Nine Star is CDSL.
| Account Opening and Demat Charges | Exclusive Securities | Nine Star |
|---|---|---|
| Trading Account Opening Charges | Rs.330 | Rs.300 |
| Demat AMC (Annual Maintenance Charges) | Rs.250 per Annum | Free |
| Trading AMC (Annual Maintenance Charges) | Free | Rs.250 per Annum |
| Margin Money | Minimum Rs.10,000 | Minimum Rs.3,000 |
| Offline to Online Charges | Yes | Yes |
| Depository | CDSL & NSDL | CDSL & NSDL |
Exclusive Securities and Nine Star 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 Exclusive Securities is 0.50%, while Nine Star charges you 0.35%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Exclusive Securities is 0.05% and for Nine Star also, it is 0.04%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Exclusive Securities charge 0.05% and Nine Star charge 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, Exclusive Securities charges Rs.50 per Lot, and Nine Star charges Rs.35 per Lot.
| Equity Brokerage Charges | Exclusive Securities | Nine Star |
|---|---|---|
| Equity Delivery Brokerage | 0.50% | 0.35% |
| Equity Intraday Brokerage | 0.05% | 0.04% |
| Equity Futures Brokerage | 0.05% | 0.04% |
| Equity Options Brokerage | Rs.50 per Lot | Rs.35 per Lot |
Exclusive Securities and Nine Star 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 Exclusive Securities is 0.05% and for Nine Star 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. Exclusive Securities charges Rs.25 per Lot for currency options, whereas Exclusive Securities charges Rs.20 per Lot.
| Currency Brokerage Charges | Exclusive Securities | Nine Star |
|---|---|---|
| Currency Futures Brokerage | 0.05% | 0.04% |
| Currency Options Brokerage | Rs.25 per Lot | Rs.20 per Lot |
Exclusive Securities and Nine Star 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. Exclusive Securities charges 0.05% for commodity trading, while Nine Star charges NA.
| Commodity Brokerage Charges | Exclusive Securities | Nine Star |
|---|---|---|
| Commodity Options Brokerage | 0.05% | NA |
Exclusive Securities and Nine Star Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Exclusive Securities levies a minimum brokerage fee of Percentage of Transaction, while Nine Star charges Percentage of Transaction brokerage fee.
Transaction Brokerage Charges: Exclusive Securities levies a transaction brokerage charge of 0.00325%, while Nine Star charges 0.00325%.
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 Exclusive Securities is 0.0002% of Total Turnover and for Exclusive Securities 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 Exclusive Securities are 0.0126% of Total Turnover, while for Nine Star, they are 0.0126% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. Exclusive Securities charges NA and Nine Star charges NA.
| Other Brokerage Charges | Exclusive Securities | Nine Star |
|---|---|---|
| Minimum Brokerage Charges | Percentage of Transaction | Percentage of Transaction | Transaction Brokerage Charges | 0.00325% | 0.00325% | 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 |
Exclusive Securities and Nine Star 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 Exclusive Securities is up to Upto 1x and by Nine Star it is up to Upto 1x.
Equity Intraday: Leverage for equity intraday by Exclusive Securities is up to Upto 2x and by Nine Star it is up to Upto 6x.
Equity Futures: Leverage for Equity Futures by Exclusive Securities is up to Upto 3x and by Nine Star it is up to Upto 2x.
Equity Options: Leverage for Equity Options by Exclusive Securities is up to Upto 5x and by Nine Star also, it is up to Upto 2x.
| Equity Leverage | Exclusive Securities | Nine Star |
|---|---|---|
| Equity Delivery | Upto 1x | Upto 1x | Equity Intraday | Upto 2x | Upto 6x | Equity Futures | Upto 3x | Upto 2x | Equity Options | Upto 5x | Upto 2x |
Exclusive Securities and Nine Star Currency Leverage
The currency futures leverage provided by Exclusive Securities is up to Upto 3x, while for Nine Star it is up to Upto 4x.
The currency options leverage provided by Exclusive Securities is up to Upto 1x, while for Nine Star it is up to Upto 3x.
| Currency Leverage | Exclusive Securities | Nine Star |
|---|---|---|
| Currency Futures | Upto 3x | Upto 4x | Currency Options | Upto 1x | Upto 3x |
Exclusive Securities and Nine Star Commodity Leverage
The commodity leverage provided by Exclusive Securities is up to Upto 2x, while for Nine Star it is up to Upto 3x.
| Commodity Leverage | Exclusive Securities | Nine Star |
|---|---|---|
| Commodity | Upto 2x | Upto 3x |
Exclusive Securities and Nine Star 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 | Exclusive Securities | Nine Star |
|---|---|---|
| Free Stock Trading Account | Yes | No | Free Demat Account | No | No | Flexible Plans | No | Yes | Brokerage Discounts | Yes | No | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | No | No | Referral Program | No | No | Zero Brokerage on Loss Trades | No | No |
Exclusive Securities and Nine Star Features
Equity Trading: Exclusive Securities and Nine Star 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: Exclusive Securities and Nine Star also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Exclusive Securities and Nine Star broker is that you can also invest in IPOs. Exclusive Securities also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Exclusive Securities offers trading exposure of up to Upto 2x, while Nine Star 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 Exclusive Securities and Nine Star, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Exclusive Securities and Nine Star also allow you to trade in forex trading.
| Features | Exclusive Securities | Nine Star |
|---|---|---|
| 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 | No | IPO (Initial public offering) | No | Yes | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | No | No |
| Trading Institution | No | No | Trading Exposure | Upto 2x | Upto 6x | Mutual Funds | Yes | Yes | SIP (Systematic Investment Plan) | Yes | Yes | Forex Trading | No | No | Banking | No | No | Insurance | No | No |
Exclusive Securities and Nine Star 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. Exclusive Securities and Nine Star 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 | Exclusive Securities | Nine Star |
|---|---|---|
| Fundamental Reports | No | 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 | No |
| Daily Market Review | Yes | Yes |
| Monthly Reports | Yes | Yes |
| Weekly reports | Yes | Yes |
| Offline Advisory | Yes | Yes |
| Relationship Manager | Yes | Yes |
Exclusive Securities and Nine Star 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. Exclusive Securities and Nine Star 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 | Exclusive Securities | Nine Star |
|---|---|---|
| Windows | Yes | Yes |
| Mac | Yes | Yes |
| Desktop Browser | No | Yes |
Exclusive Securities and Nine Star Mobile Trading Platforms
Exclusive Securities and Nine Star offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | Exclusive Securities | Nine Star |
|---|---|---|
| Mobile Browser | Yes | No |
| Android App | Yes | No |
| iOS App | Yes | No |
| Windows App | No | No |
| Other mobile os | No | No |
Exclusive Securities and Nine Star 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. Exclusive Securities and Nine Star 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 | Exclusive Securities | Nine Star |
|---|---|---|
| Relationship Manager | No | Yes |
| Offline Trading | Yes | Yes |
| Online Trading | Yes | Yes |
| 24 * 7 Support | No | No |
| Email Support | Yes | Yes |
| Chat Support | No | No |
| Toll free number | No | No |
| Support Branches | 6 | 284 |
Exclusive Securities and Nine Star 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 Exclusive Securities and Nine Star registered and resolved complaints.
For Exclusive Securities, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.
For Nine Star, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.
We can say that Exclusive Securities is better than Nine Star in case of resolving customer complaints.
| BSE Complaints | Exclusive Securities | Nine Star |
|---|---|---|
| BSE Complaints | 0 | 0 |
| BSE Resolved Complaints | 0 | 0 |
| Percentage of resolved BSE complaints | NaN % | NaN % |
| NSE Complaints | 1 | 4 |
| NSE Resolved Complaints | 1 | 4 |
| Percentage of resolved NSE complaints | 100.00 % | 100.00 % |
| BSE/NSE Complaint vs. Resolved Percentage | NaN % | NaN % |
Frequently Asked Questions
Is Exclusive Securities better than Nine Star?
Exclusive Securities and Nine Star 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 Nine Star better than Exclusive Securities?
Nine Star and Exclusive Securities 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 Exclusive Securities and Nine Star?
Exclusive Securities 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, Exclusive Securities and Nine Star?
To figure out which of the two stockbrokers, Exclusive Securities and Nine Star, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Exclusive Securities with other stock brokers
Visit the following pages to see a detailed comparision report of Exclusive Securities with other brokerage firms.
Compare Nine Star with other stock brokers
Visit the following pages to see a detailed comparision report of Nine Star with other brokerage firms.