Top Stock Advisory
R Wadiwala Securities vs. Shree Bahubali
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 R Wadiwala Securities and Shree Bahubali. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of R Wadiwala Securities and Shree Bahubali.
Overview
R Wadiwala Securities is private company and Shree Bahubali is public company. both are full service broker as well. Nainish Wadiwala co-founded R Wadiwala Securities in 2005. And Shree Bahubali was founded in the year 1994 by Surendra Kumar Jain. R Wadiwala Securities's headquarters are in Surat, GJ and Shree Bahubali's headquarters are in Kolkata.
R Wadiwala Securities and Shree Bahubali both are full service broker as well. R Wadiwala Securities is registered in NA, while Shree Bahubali is registered in NA. The total branches of R Wadiwala Securities are Nil and the Shree Bahubali branches are Nil.
Overview | R Wadiwala Securities | Shree Bahubali |
---|---|---|
Broker Type | Full Service Broker | Full Service Broker |
Type of company | Private | Public |
Headquarter | Surat, GJ | Kolkata |
Founders | Nainish Wadiwala | Surendra Kumar Jain |
Foundation Year | 2005 | 1994 |
Supported Exchanges | NA | NA |
Total branches | Nil | Nil |
R Wadiwala Securities and Shree Bahubali 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 R Wadiwala Securities charging Free and Shree Bahubali charging Free.
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 R Wadiwala Securities Demat account is Rs.290 per Annum and for the Shree Bahubali Demat account is Rs.270 per Annum. The Trading AMC for R Wadiwala Securities and Shree Bahubali 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 R Wadiwala Securities and Shree Bahubali is CDSL.
Account Opening and Demat Charges | R Wadiwala Securities | Shree Bahubali |
---|---|---|
Trading Account Opening Charges | Free | Free |
Demat AMC (Annual Maintenance Charges) | Rs.290 per Annum | Rs.270 per Annum |
Trading AMC (Annual Maintenance Charges) | Rs.250 per Annum | Free |
Margin Money | Zero Margin | Minimum Rs.1,000 |
Offline to Online Charges | Yes | Yes |
Depository | CDSL & NSDL | CDSL & NSDL |
R Wadiwala Securities and Shree Bahubali 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 R Wadiwala Securities is 0.29%, while Shree Bahubali charges you 0.21%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for R Wadiwala Securities is 0.03% and for Shree Bahubali 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. R Wadiwala Securities charge 0.03% and Shree Bahubali 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, R Wadiwala Securities charges Rs.29 per Lot, and Shree Bahubali charges Rs.21 per Lot.
Equity Brokerage Charges | R Wadiwala Securities | Shree Bahubali |
---|---|---|
Equity Delivery Brokerage | 0.29% | 0.21% |
Equity Intraday Brokerage | 0.03% | 0.02% |
Equity Futures Brokerage | 0.03% | 0.02% |
Equity Options Brokerage | Rs.29 per Lot | Rs.21 per Lot |
R Wadiwala Securities and Shree Bahubali 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 R Wadiwala Securities is 0.03% and for Shree Bahubali is 0.02%.
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. R Wadiwala Securities charges Rs.19 per Lot for currency options, whereas R Wadiwala Securities charges Rs.21 per Lot.
Currency Brokerage Charges | R Wadiwala Securities | Shree Bahubali |
---|---|---|
Currency Futures Brokerage | 0.03% | 0.02% |
Currency Options Brokerage | Rs.19 per Lot | Rs.21 per Lot |
R Wadiwala Securities and Shree Bahubali 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. R Wadiwala Securities charges NA for commodity trading, while Shree Bahubali charges 0.02%.
Commodity Brokerage Charges | R Wadiwala Securities | Shree Bahubali |
---|---|---|
Commodity Options Brokerage | NA | 0.02% |
R Wadiwala Securities and Shree Bahubali Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: R Wadiwala Securities levies a minimum brokerage fee of Percentage of Transaction, while Shree Bahubali charges Percentage of Transaction brokerage fee.
Transaction Brokerage Charges: R Wadiwala Securities levies a transaction brokerage charge of 0.00290%, while Shree Bahubali charges 0.00271%.
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 R Wadiwala Securities is 0.0002% of Total Turnover and for R Wadiwala 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 R Wadiwala Securities are 0.0126% of Total Turnover, while for Shree Bahubali, they are 0.0126% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. R Wadiwala Securities charges NA and Shree Bahubali charges NA.
Other Brokerage Charges | R Wadiwala Securities | Shree Bahubali |
---|---|---|
Minimum Brokerage Charges | Percentage of Transaction | Percentage of Transaction | Transaction Brokerage Charges | 0.00290% | 0.00271% | 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 |
R Wadiwala Securities and Shree Bahubali 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 R Wadiwala Securities is up to Upto 1x and by Shree Bahubali it is up to Upto 1x.
Equity Intraday: Leverage for equity intraday by R Wadiwala Securities is up to Upto 6x and by Shree Bahubali it is up to Upto 6x.
Equity Futures: Leverage for Equity Futures by R Wadiwala Securities is up to Upto 3x and by Shree Bahubali it is up to Upto 2x.
Equity Options: Leverage for Equity Options by R Wadiwala Securities is up to Upto 4x and by Shree Bahubali also, it is up to Upto 5x.
Equity Leverage | R Wadiwala Securities | Shree Bahubali |
---|---|---|
Equity Delivery | Upto 1x | Upto 1x | Equity Intraday | Upto 6x | Upto 6x | Equity Futures | Upto 3x | Upto 2x | Equity Options | Upto 4x | Upto 5x |
R Wadiwala Securities and Shree Bahubali Currency Leverage
The currency futures leverage provided by R Wadiwala Securities is up to Upto 1x, while for Shree Bahubali it is up to Upto 2x.
The currency options leverage provided by R Wadiwala Securities is up to Upto 3x, while for Shree Bahubali it is up to Upto 6x.
Currency Leverage | R Wadiwala Securities | Shree Bahubali |
---|---|---|
Currency Futures | Upto 1x | Upto 2x | Currency Options | Upto 3x | Upto 6x |
R Wadiwala Securities and Shree Bahubali Commodity Leverage
The commodity leverage provided by R Wadiwala Securities is up to Upto 1x, while for Shree Bahubali it is up to Upto 2x.
Commodity Leverage | R Wadiwala Securities | Shree Bahubali |
---|---|---|
Commodity | Upto 1x | Upto 2x |
R Wadiwala Securities and Shree Bahubali 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 | R Wadiwala Securities | Shree Bahubali |
---|---|---|
Free Stock Trading Account | No | Yes | Free Demat Account | Yes | Yes | Flexible Plans | Yes | Yes | Brokerage Discounts | Yes | Yes | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | Yes | No | Referral Program | No | No | Zero Brokerage on Loss Trades | No | No |
R Wadiwala Securities and Shree Bahubali Features
Equity Trading: R Wadiwala Securities and Shree Bahubali 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: R Wadiwala Securities and Shree Bahubali also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of R Wadiwala Securities and Shree Bahubali broker is that you can also invest in IPOs. R Wadiwala Securities also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. R Wadiwala Securities offers trading exposure of up to Upto 6x, while Shree Bahubali 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 R Wadiwala Securities and Shree Bahubali, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. R Wadiwala Securities and Shree Bahubali also allow you to trade in forex trading.
Features | R Wadiwala Securities | Shree Bahubali |
---|---|---|
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 | No | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | No | No |
Trading Institution | No | Yes | Trading Exposure | Upto 6x | Upto 6x | Mutual Funds | No | No | SIP (Systematic Investment Plan) | No | No | Forex Trading | No | No | Banking | No | No | Insurance | Yes | No |
R Wadiwala Securities and Shree Bahubali 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. R Wadiwala Securities and Shree Bahubali 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 | R Wadiwala Securities | Shree Bahubali |
---|---|---|
Fundamental Reports | No | Yes |
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 | No | Yes |
Daily Market Review | Yes | No |
Monthly Reports | Yes | No |
Weekly reports | Yes | No |
Offline Advisory | Yes | Yes |
Relationship Manager | Yes | Yes |
R Wadiwala Securities and Shree Bahubali 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. R Wadiwala Securities and Shree Bahubali 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 | R Wadiwala Securities | Shree Bahubali |
---|---|---|
Windows | Yes | Yes |
Mac | Yes | Yes |
Desktop Browser | Yes | Yes |
R Wadiwala Securities and Shree Bahubali Mobile Trading Platforms
R Wadiwala Securities and Shree Bahubali offer you mobile trading platforms which can be used in iOS and Android applications.
Mobile Trading Platforms | R Wadiwala Securities | Shree Bahubali |
---|---|---|
Mobile Browser | No | Yes |
Android App | Yes | Yes |
iOS App | Yes | Yes |
Windows App | No | No |
Other mobile os | No | No |
R Wadiwala Securities and Shree Bahubali 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. R Wadiwala Securities and Shree Bahubali 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 | R Wadiwala Securities | Shree Bahubali |
---|---|---|
Relationship Manager | Yes | 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 | 920 | 428 |
R Wadiwala Securities and Shree Bahubali 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 R Wadiwala Securities and Shree Bahubali registered and resolved complaints.
For R Wadiwala Securities, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.
For Shree Bahubali, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.
We can say that R Wadiwala Securities is better than Shree Bahubali in case of resolving customer complaints.
BSE Complaints | R Wadiwala Securities | Shree Bahubali |
---|---|---|
BSE Complaints | 1 | 1 |
BSE Resolved Complaints | 1 | 1 |
Percentage of resolved BSE complaints | 100.00 % | 100.00 % |
NSE Complaints | 5 | 3 |
NSE Resolved Complaints | 5 | 3 |
Percentage of resolved NSE complaints | 100.00 % | 100.00 % |
BSE/NSE Complaint vs. Resolved Percentage | 100.00 % | 100.00 % |
Frequently Asked Questions
Is R Wadiwala Securities better than Shree Bahubali?
R Wadiwala Securities and Shree Bahubali 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 Shree Bahubali better than R Wadiwala Securities?
Shree Bahubali and R Wadiwala 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 R Wadiwala Securities and Shree Bahubali?
R Wadiwala 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, R Wadiwala Securities and Shree Bahubali?
To figure out which of the two stockbrokers, R Wadiwala Securities and Shree Bahubali, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare R Wadiwala Securities with other stock brokers
Visit the following pages to see a detailed comparision report of R Wadiwala Securities with other brokerage firms.
Compare Shree Bahubali with other stock brokers
Visit the following pages to see a detailed comparision report of Shree Bahubali with other brokerage firms.