Top Stock Advisory
Patel Wealth Advisors vs. Coimbatore Capital
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 Patel Wealth Advisors and Coimbatore Capital. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Patel Wealth Advisors and Coimbatore Capital.
Overview
Patel Wealth Advisors is private company and Coimbatore Capital is public company. both are full service broker as well. Kaushal Patel Vasantrai co-founded Patel Wealth Advisors in 2015. And Coimbatore Capital was founded in the year 1995 by D.Balasundaram. Patel Wealth Advisors's headquarters are in Rajkot GJ and Coimbatore Capital's headquarters are in Coimbatore, T.N.
Patel Wealth Advisors and Coimbatore Capital both are full service broker as well. Patel Wealth Advisors is registered in NA, while Coimbatore Capital is registered in NA. The total branches of Patel Wealth Advisors are Nil and the Coimbatore Capital branches are Nil.
| Overview | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| Broker Type | Full Service Broker | Full Service Broker |
| Type of company | Private | Public |
| Headquarter | Rajkot GJ | Coimbatore, T.N |
| Founders | Kaushal Patel Vasantrai | D.Balasundaram |
| Foundation Year | 2015 | 1995 |
| Supported Exchanges | NA | NA |
| Total branches | Nil | Nil |
Patel Wealth Advisors and Coimbatore Capital 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 Patel Wealth Advisors charging Rs.250 and Coimbatore Capital charging Rs.250.
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 Patel Wealth Advisors Demat account is Rs.250 per Annum and for the Coimbatore Capital Demat account is Rs.399 per Annum. The Trading AMC for Patel Wealth Advisors and Coimbatore Capital 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 Patel Wealth Advisors and Coimbatore Capital is CDSL.
| Account Opening and Demat Charges | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| Trading Account Opening Charges | Rs.250 | Rs.250 |
| Demat AMC (Annual Maintenance Charges) | Rs.250 per Annum | Rs.399 per Annum |
| Trading AMC (Annual Maintenance Charges) | Free | Free |
| Margin Money | Minimum Rs.1,500 | Minimum Rs.1,000 |
| Offline to Online Charges | Yes | Yes |
| Depository | CDSL & NSDL | CDSL & NSDL |
Patel Wealth Advisors and Coimbatore Capital 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 Patel Wealth Advisors is 0.35%, while Coimbatore Capital charges you 0.25%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Patel Wealth Advisors is 0.04% and for Coimbatore Capital also, it is 0.02%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Patel Wealth Advisors charge 0.04% and Coimbatore Capital charge 0.02% 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, Patel Wealth Advisors charges Rs.35 per order, and Coimbatore Capital charges Rs.10 per Lot.
| Equity Brokerage Charges | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| Equity Delivery Brokerage | 0.35% | 0.25% |
| Equity Intraday Brokerage | 0.04% | 0.02% |
| Equity Futures Brokerage | 0.04% | 0.02% |
| Equity Options Brokerage | Rs.35 per order | Rs.10 per Lot |
Patel Wealth Advisors and Coimbatore Capital 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 Patel Wealth Advisors is 0.04% and for Coimbatore Capital is 0.03%.
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. Patel Wealth Advisors charges Rs.35 per order for currency options, whereas Patel Wealth Advisors charges Rs.10 per Lot.
| Currency Brokerage Charges | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| Currency Futures Brokerage | 0.04% | 0.03% |
| Currency Options Brokerage | Rs.35 per order | Rs.10 per Lot |
Patel Wealth Advisors and Coimbatore Capital 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. Patel Wealth Advisors charges 0.04% for commodity trading, while Coimbatore Capital charges 0.04%.
| Commodity Brokerage Charges | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| Commodity Options Brokerage | 0.04% | 0.04% |
Patel Wealth Advisors and Coimbatore Capital Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Patel Wealth Advisors levies a minimum brokerage fee of Percentage of Transaction, while Coimbatore Capital charges Percentage of Transaction brokerage fee.
Transaction Brokerage Charges: Patel Wealth Advisors levies a transaction brokerage charge of 0.00305%, while Coimbatore Capital 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 Patel Wealth Advisors is 0.0002% of Total Turnover and for Patel Wealth Advisors 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 Patel Wealth Advisors are 0.0126% of selling value, while for Coimbatore Capital, they are 0.0126% of selling value.
Call and Trade Charges: This charge varies for different brokers. Patel Wealth Advisors charges NA and Coimbatore Capital charges NA.
| Other Brokerage Charges | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| Minimum Brokerage Charges | Percentage of Transaction | Percentage of Transaction | Transaction Brokerage Charges | 0.00305% | 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 selling value | 0.0126% of selling value | Call and Trade Charges | NA | NA |
Patel Wealth Advisors and Coimbatore Capital 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 Patel Wealth Advisors is up to Upto 2x and by Coimbatore Capital it is up to Upto 2x.
Equity Intraday: Leverage for equity intraday by Patel Wealth Advisors is up to Upto 5x and by Coimbatore Capital it is up to Upto 7x.
Equity Futures: Leverage for Equity Futures by Patel Wealth Advisors is up to Upto 3x and by Coimbatore Capital it is up to Upto 4x.
Equity Options: Leverage for Equity Options by Patel Wealth Advisors is up to Upto 4x and by Coimbatore Capital also, it is up to Upto 2x.
| Equity Leverage | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| Equity Delivery | Upto 2x | Upto 2x | Equity Intraday | Upto 5x | Upto 7x | Equity Futures | Upto 3x | Upto 4x | Equity Options | Upto 4x | Upto 2x |
Patel Wealth Advisors and Coimbatore Capital Currency Leverage
The currency futures leverage provided by Patel Wealth Advisors is up to Upto 4x, while for Coimbatore Capital it is up to Upto 2x.
The currency options leverage provided by Patel Wealth Advisors is up to Upto 3x, while for Coimbatore Capital it is up to Upto 2x.
| Currency Leverage | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| Currency Futures | Upto 4x | Upto 2x | Currency Options | Upto 3x | Upto 2x |
Patel Wealth Advisors and Coimbatore Capital Commodity Leverage
The commodity leverage provided by Patel Wealth Advisors is up to Upto 3x, while for Coimbatore Capital it is up to Upto 5x.
| Commodity Leverage | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| Commodity | Upto 3x | Upto 5x |
Patel Wealth Advisors and Coimbatore Capital 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 | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| Free Stock Trading Account | Yes | Yes | Free Demat Account | No | No | Flexible Plans | Yes | No | Brokerage Discounts | Yes | Yes | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | Yes | Yes | Referral Program | Yes | Yes | Zero Brokerage on Loss Trades | No | No |
Patel Wealth Advisors and Coimbatore Capital Features
Equity Trading: Patel Wealth Advisors and Coimbatore Capital 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: Patel Wealth Advisors and Coimbatore Capital also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Patel Wealth Advisors and Coimbatore Capital broker is that you can also invest in IPOs. Patel Wealth Advisors also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Patel Wealth Advisors offers trading exposure of up to Upto 5x, while Coimbatore Capital gives up to Upto 7x.
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 Patel Wealth Advisors and Coimbatore Capital, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Patel Wealth Advisors and Coimbatore Capital also allow you to trade in forex trading.
| Features | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| 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 | No | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | No | No |
| Trading Institution | No | No | Trading Exposure | Upto 5x | Upto 7x | Mutual Funds | No | Yes | SIP (Systematic Investment Plan) | No | Yes | Forex Trading | No | No | Banking | No | No | Insurance | Yes | No |
Patel Wealth Advisors and Coimbatore Capital 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. Patel Wealth Advisors and Coimbatore Capital 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 | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| Fundamental Reports | No | No |
| Research Reports | Yes | No |
| Company Reports | No | No |
| Annual Reports | No | No |
| Company Stock Review | No | No |
| Free Stock Tips | Yes | Yes |
| IPO Reports | No | No |
| Top Picks | Yes | No |
| Daily Market Review | Yes | No |
| Monthly Reports | Yes | No |
| Weekly reports | Yes | No |
| Offline Advisory | Yes | Yes |
| Relationship Manager | Yes | Yes |
Patel Wealth Advisors and Coimbatore Capital 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. Patel Wealth Advisors and Coimbatore Capital 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 | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| Windows | Yes | Yes |
| Mac | Yes | Yes |
| Desktop Browser | No | No |
Patel Wealth Advisors and Coimbatore Capital Mobile Trading Platforms
Patel Wealth Advisors and Coimbatore Capital offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| Mobile Browser | Yes | Yes |
| Android App | Yes | Yes |
| iOS App | Yes | Yes |
| Windows App | No | No |
| Other mobile os | No | No |
Patel Wealth Advisors and Coimbatore Capital 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. Patel Wealth Advisors and Coimbatore Capital 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 | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| Relationship Manager | Yes | No |
| 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 | 380 | 10 |
Patel Wealth Advisors and Coimbatore Capital 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 Patel Wealth Advisors and Coimbatore Capital registered and resolved complaints.
For Patel Wealth Advisors, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.
For Coimbatore Capital, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.
We can say that Patel Wealth Advisors is better than Coimbatore Capital in case of resolving customer complaints.
| BSE Complaints | Patel Wealth Advisors | Coimbatore Capital |
|---|---|---|
| BSE Complaints | 0 | 0 |
| BSE Resolved Complaints | 0 | 0 |
| Percentage of resolved BSE complaints | NaN % | NaN % |
| NSE Complaints | 1 | 1 |
| NSE Resolved Complaints | 1 | 1 |
| Percentage of resolved NSE complaints | 100.00 % | 100.00 % |
| BSE/NSE Complaint vs. Resolved Percentage | NaN % | NaN % |
Frequently Asked Questions
Is Patel Wealth Advisors better than Coimbatore Capital?
Patel Wealth Advisors and Coimbatore Capital 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 Coimbatore Capital better than Patel Wealth Advisors?
Coimbatore Capital and Patel Wealth Advisors 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 Patel Wealth Advisors and Coimbatore Capital?
Patel Wealth Advisors 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, Patel Wealth Advisors and Coimbatore Capital?
To figure out which of the two stockbrokers, Patel Wealth Advisors and Coimbatore Capital, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Patel Wealth Advisors with other stock brokers
Visit the following pages to see a detailed comparision report of Patel Wealth Advisors with other brokerage firms.
Compare Coimbatore Capital with other stock brokers
Visit the following pages to see a detailed comparision report of Coimbatore Capital with other brokerage firms.