Reviews of Stock Brokers

Astha Trade

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 Astha Trade, 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.


Astha Trade founded in 2005 by Saksham Dumra is a Private company headquartered in Bhopal, Madhya Pradesh India. As a Full Service Broker, Astha Trade aims to provide cost-effective buy/sell orders, enabling investors to save money compared to Discount Broker. However, it is crucial to note that Astha Trade operates as a Discount Broker. It offers extensive investment advice and detailed stock analysis for its clients.

OverviewAstha Trade
Broker TypeFull Service Broker
Type of companyPrivate
HeadquarterBhopal, Madhya Pradesh
FoundersSaksham Dumra
Foundation Year2005
Supported ExchangesNA
Total branches0

Astha Trade Account opening charges

To begin trading with Astha Trade, you need to open a trading account and a Demat account. Astha Trade charges Rs.650 for opening a trading account. Additionally, there is an annual maintenance charge (AMC) of Rs.300 for the Demat account. However, it's worth mentioning that trading AMC is free.

Account Opening and Demat ChargesAstha Trade
Trading Account Opening ChargesRs.650
Demat AMC (Annual Maintenance Charges)Rs.300
Trading AMC (Annual Maintenance Charges)Free
Margin MoneyRs.5,000
Offline to Online ChargesYes
DepositoryCDSL & NSDL

Astha Trade Brokerage Charges

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

Equity Brokerage Charges

Equity Brokerage ChargesAstha Trade
Equity Delivery Brokerage0.10%
Equity Intraday Brokerage0.01%
Equity Futures Brokerage0.01%
Equity Options BrokerageRs.10 per lot

Currency Brokerage Charges

Currency Brokerage ChargesAstha Trade
Currency Futures Brokerage0.01%
Currency Options BrokerageRs.10 per lot

Commodity Brokerage Charges

Commodity Brokerage ChargesAstha Trade
Commodity Options Brokerage0.01%

Astha Trade Other Charges

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

Other Brokerage ChargesAstha Trade
Minimum Brokerage ChargesRs.10 per executed order
Transaction Brokerage Charges0.00280% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp Duty ChargesAs per the state
GST Charges18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of Total Turnover
Call and Trade ChargesNA

Astha Trade Equity Leverage

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

Equity LeverageAstha Trade
Equity DeliveryUpto 3x
Equity IntradayUpto 10x
Equity FuturesUpto 4x
Equity OptionsUpto 6x

Astha Trade Currency Leverage

Currency LeverageAstha Trade
Currency FuturesUpto 4x
Currency OptionsUpto 6x

Astha Trade Commodity Leverage

Equity LeverageAstha Trade
CommodityUpto 5x

Astha Trade Offers

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

OffersAstha Trade
Free Stock Trading AccountNo
Free Demat AccountNo
Flexible PlansYes
Brokerage DiscountsYes
Happy HoursNo
1 Month Free PlanNo
Holiday OffersYes
Referral ProgramYes
Zero Brokerage on Loss TradesNo

Astha Trade Features

FeaturesAstha Trade
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 10x
Mutual FundsNo
SIP (Systematic Investment Plan)No
Forex TradingNo

Astha Trade 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.

ServicesAstha Trade
Fundamental ReportsNo
Research ReportsNo
Company ReportsNo
Annual ReportsNo
Company Stock ReviewNo
Free Stock TipsYes
IPO ReportsNo
Top PicksYes
Daily Market ReviewYes
Monthly ReportsNo
Weekly reportsNo
Offline AdvisoryNo
Relationship ManagerNo

Astha Trade Trading Platforms

The Astha Trade 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.

Astha Trade Trading Platforms

Desktop Trading PlatformsAstha Trade
Desktop BrowserYes

Astha Trade Mobile App

The Astha Trade 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 AppAstha Trade
Mobile BrowserYes
Android AppYes
iOS AppYes
Windows AppNo
Other mobile osNo

Astha Trade Web Trading

For web-based trading, Astha Trade offers a powerful trading website known as Astha Trade 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.

Astha Trade Trade Terminal

Astha Trade 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.

Astha Trade Customer Support

Customer SupportAstha Trade
Relationship ManagerNo
Offline TradingNo
Online TradingYes
24 * 7 SupportNo
Email SupportYes
Chat SupportNo
Toll free numberNo
Support Branches118

Astha Trade 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 Astha Trade.

BSE ComplaintsAstha Trade
BSE Complaints35
BSE Resolved Complaints35
Percentage of resolved BSE complaints100.00%
NSE Complaints48
NSE Resolved Complaints46
Percentage of resolved NSE complaints95.83 %
BSE/NSE Complaint vs. Resolved Percentage97.92 %


In conclusion, Astha Trade 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, Astha Trade can be considered a decent stock broker, but you must examine the pros and cons carefully before making a decision.