Reviews of Stock Brokers

Aasmaa Securities

When it comes to investing in the stock market, choosing the right stockbroker is of utmost importance. It can significantly impact your trading experience, investment returns, and overall satisfaction. In this article, we will provide an in-depth review of Aasmaa Securities, one of India's prominent Full Service Broker. We will evaluate various aspects, including brokerage charges, trading platforms, customer support, and more, to help you make an informed decision.


Aasmaa Securities founded in 2007 by Anand Kumar Jhawar is a Private company headquartered in Hyderabad, Andhra Pradesh India. As a Full Service Broker, Aasmaa Securities aims to provide cost-effective buy/sell orders, enabling investors to save money compared to Discount Broker. However, it is crucial to note that Aasmaa Securities operates as a Discount Broker. It offers extensive investment advice and detailed stock analysis for its clients.

OverviewAasmaa Securities
Broker TypeFull Service Broker
Type of companyPrivate
HeadquarterHyderabad, Andhra Pradesh
FoundersAnand Kumar Jhawar
Foundation Year2007
Supported ExchangesNA
Total branchesNil

Aasmaa Securities Account opening charges

To begin trading with Aasmaa Securities, you need to open a trading account and a Demat account. Aasmaa Securities charges Free for opening a trading account. Additionally, there is an annual maintenance charge (AMC) of Rs.250 per Annum for the Demat account. However, it's worth mentioning that trading AMC is free.

Account Opening and Demat ChargesAasmaa Securities
Trading Account Opening ChargesFree
Demat AMC (Annual Maintenance Charges)Rs.250 per Annum
Trading AMC (Annual Maintenance Charges)Free
Margin MoneyMinimum Rs.15,000
Offline to Online ChargesYes
DepositoryCDSL & NSDL

Aasmaa Securities Brokerage Charges

One of the main factors to consider when choosing a stockbroker is the brokerage charges. Aasmaa Securities brokerage charges for various segments are as follows:

Equity Brokerage Charges

Equity Brokerage ChargesAasmaa Securities
Equity Delivery Brokerage0.15% – 0.3%
Equity Intraday Brokerage0.01% – 0.03%
Equity Futures Brokerage0.01% – 0.03%
Equity Options BrokerageRs.30 – Rs.50 per Lot

Currency Brokerage Charges

Currency Brokerage ChargesAasmaa Securities
Currency Futures Brokerage0.01% – 0.03%
Currency Options BrokerageRs.15 – Rs.25 per Lot

Commodity Brokerage Charges

Commodity Brokerage ChargesAasmaa Securities
Commodity Options BrokerageNA

Aasmaa Securities Other Charges

In addition to brokerage charges, there are other charges to consider:

Other Brokerage ChargesAasmaa Securities
Minimum Brokerage ChargesPercentage of Transaction
Transaction Brokerage Charges0.00255%
SEBI Turnover Charges0.0002% of Total Turnover
Stamp Duty ChargesAs per the state
GST Charges18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of selling value
Call and Trade ChargesNA

Aasmaa Securities Equity Leverage

Leverage enables traders to amplify their market exposure using a relatively smaller capital amount. Here's the leverage provided by Aasmaa Securities:

Equity LeverageAasmaa Securities
Equity DeliveryUpto 2x
Equity IntradayUpto 5x
Equity FuturesUpto 2x
Equity OptionsUpto 5x

Aasmaa Securities Currency Leverage

Currency LeverageAasmaa Securities
Currency FuturesUpto 2x
Currency OptionsUpto 3x

Aasmaa Securities Commodity Leverage

Equity LeverageAasmaa Securities
CommodityUpto 2x

Aasmaa Securities Offers

Numerous stockbrokers are enticing customers with attractive offers in order to expand their client base. Some of these enticing offers include:

OffersAasmaa Securities
Free Stock Trading AccountYes
Free Demat AccountNo
Flexible PlansYes
Brokerage DiscountsYes
Happy HoursNo
1 Month Free PlanNo
Holiday OffersYes
Referral ProgramNo
Zero Brokerage on Loss TradesNo

Aasmaa Securities Features

FeaturesAasmaa Securities
Equity Delivery TradingYes
Equity Intraday TradingYes
Equity Futures TradingYes
Equity Options TradingYes
Currency TradingYes
Commodity TradingYes
IPO (Initial public offering)Yes
Stocks SuggestionsNo
Robo AdvisoryNo
PMS (Portfolio Management Services)No
Trading InstitutionNo
Trading ExposureUpto 5x
Mutual FundsYes
SIP (Systematic Investment Plan)Yes
Forex TradingNo

Aasmaa Securities Advisory Services

The key distinction between a discount broker and a full-service broker lies in the range of services offered and the rates at which they are provided.

ServicesAasmaa Securities
Fundamental ReportsNo
Research ReportsNo
Company ReportsNo
Annual ReportsNo
Company Stock ReviewNo
Free Stock TipsYes
IPO ReportsYes
Top PicksYes
Daily Market ReviewYes
Monthly ReportsYes
Weekly reportsYes
Offline AdvisoryYes
Relationship ManagerYes

Aasmaa Securities Trading Platforms

The Aasmaa Securities trading software comprises various trading platforms suitable for the diverse needs of the customers. It is built on IIFL's trading platform. It has been trusted by customers for the past two decades. The trading platform is available in three different forms. Namely: a mobile app, a web browser-based platform, and an installable desktop trading application.

Aasmaa Securities Trading Platforms

Desktop Trading PlatformsAasmaa Securities
Desktop BrowserNo

Aasmaa Securities Mobile App

The Aasmaa Securities mobile app allows users to trade on the go and provides access to trading at BSE/NSE and robo advisory services. Customers can download the app for free from either the google app store or the apple app Store. The app is designed to be simple and intuitive, enabling users to buy stocks, trade in stock and currency futures & options, and invest in mutual funds, ETFs, bonds, and more.

Mobile AppAasmaa Securities
Mobile BrowserNo
Android AppYes
iOS AppYes
Windows AppNo
Other mobile osNo

Aasmaa Securities Web Trading

For web-based trading, Aasmaa Securities offers a powerful trading website known as Aasmaa Securities trader station. This website can be accessed through any web browser on computers, laptops, mobile devices, or tablets. It provides a wide range of trading and investment options within a single domain. The web platform is seamlessly integrated with payment gateways and banks, enabling instant fund transfers.

Aasmaa Securities Trade Terminal

Aasmaa Securities offers a trade terminal, which is a downloadable trading terminal specifically developed for active traders seeking advanced trading features. This desktop application offers real-time data and advanced charts for monitoring intraday and historic stock prices. It also offers a variety of keyboard shortcuts to facilitate real-time market monitoring and faster order placement.

Aasmaa Securities Customer Support

Customer SupportAasmaa Securities
Relationship ManagerNo
Offline TradingYes
Online TradingYes
24 * 7 SupportNo
Email SupportYes
Chat SupportNo
Toll free numberNo
Support Branches119

Aasmaa Securities Complaints

Understanding the number of customer complaints received by a brokerage firm can provide insights into the quality and reliability of their services. The following table shows the information regarding the complaints received by Aasmaa Securities.

BSE ComplaintsAasmaa Securities
BSE Complaints2
BSE Resolved Complaints2
Percentage of resolved BSE complaints100.00 %
NSE Complaints3
NSE Resolved Complaints3
Percentage of resolved NSE complaints100.00 %
BSE/NSE Complaint vs. Resolved Percentage100.00 %


In conclusion, Aasmaa Securities offers a range of trading and investment options through its user-friendly platforms. With competitive pricing and several investment choices, it is one of the best options for investors. However, the lack of comprehensive customer support and the number of customer complaints are areas of concern. Considering all the features and user experience, Aasmaa Securities can be considered a decent stock broker, but you must examine the pros and cons carefully before making a decision.