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Stewart Mackertich Wms vs. SS Corporate

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 Stewart Mackertich Wms and SS Corporate. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Stewart Mackertich Wms and SS Corporate.


Overview

Stewart Mackertich Wms and SS Corporate are both public companies and both are full service broker as well. Rahul Kayan, Ashiwini Kumar Tripathi co-founded Stewart Mackertich Wms in 1993. And SS Corporate was founded in the year 1994 by Sunil Kumar Gupta. Stewart Mackertich Wms's headquarters are in Kolkata, WB and SS Corporate's headquarters are in New Delhi.

Stewart Mackertich Wms and SS Corporate both are full service broker as well. Stewart Mackertich Wms is registered in NA, while SS Corporate is registered in NA. The total branches of Stewart Mackertich Wms are Nil and the SS Corporate branches are Nil.

OverviewStewart Mackertich WmsSS Corporate
Broker TypeFull Service BrokerFull Service Broker
Type of companyPublicPublic
HeadquarterKolkata, WBNew Delhi
FoundersRahul Kayan, Ashiwini Kumar TripathiSunil Kumar Gupta
Foundation Year19931994
Supported ExchangesNANA
Total branchesNilNil

Stewart Mackertich Wms and SS Corporate 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 Stewart Mackertich Wms charging Rs.250 and SS Corporate charging Rs.100.

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 Stewart Mackertich Wms Demat account is Rs.250 per Annum and for the SS Corporate Demat account is Free. The Trading AMC for Stewart Mackertich Wms and SS Corporate 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 Stewart Mackertich Wms and SS Corporate is CDSL.

Account Opening and Demat ChargesStewart Mackertich WmsSS Corporate
Trading Account Opening ChargesRs.250Rs.100
Demat AMC (Annual Maintenance Charges)Rs.250 per AnnumFree
Trading AMC (Annual Maintenance Charges)FreeRs.299 per Annum
Margin MoneyMinimum Rs.5,100Minimum Rs.3,100
Offline to Online ChargesYesYes
DepositoryCDSL & NSDLCDSL & NSDL

Stewart Mackertich Wms and SS Corporate 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 Stewart Mackertich Wms is 0.36%, while SS Corporate 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 Stewart Mackertich Wms is 0.04% and for SS Corporate 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. Stewart Mackertich Wms charge 0.04% and SS Corporate 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, Stewart Mackertich Wms charges Rs.36 per Lot, and SS Corporate charges Rs.35 per Lot.

Equity Brokerage ChargesStewart Mackertich WmsSS Corporate
Equity Delivery Brokerage0.36%0.35%
Equity Intraday Brokerage0.04%0.04%
Equity Futures Brokerage0.04%0.04%
Equity Options BrokerageRs.36 per LotRs.35 per Lot

Stewart Mackertich Wms and SS Corporate 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 Stewart Mackertich Wms is 0.04% and for SS Corporate 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. Stewart Mackertich Wms charges Rs.36 per Lot for currency options, whereas Stewart Mackertich Wms charges Rs.35 per Lot.

Currency Brokerage ChargesStewart Mackertich WmsSS Corporate
Currency Futures Brokerage0.04%0.04%
Currency Options BrokerageRs.36 per LotRs.35 per Lot

Stewart Mackertich Wms and SS Corporate 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. Stewart Mackertich Wms charges 0.04% for commodity trading, while SS Corporate charges 0.04%.

Commodity Brokerage ChargesStewart Mackertich WmsSS Corporate
Commodity Options Brokerage0.04%0.04%

Stewart Mackertich Wms and SS Corporate Other Charges

Here are some other broker charges that should know about -

Minimum Broker Charges: Stewart Mackertich Wms levies a minimum brokerage fee of Percentage of Transaction, while SS Corporate charges Percentage of Transaction brokerage fee.

Transaction Brokerage Charges: Stewart Mackertich Wms levies a transaction brokerage charge of 0.00299% of Total Turnover, while SS Corporate charges 0.00315%.

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 Stewart Mackertich Wms is 0.0002% of Total Turnover and for Stewart Mackertich Wms 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 Stewart Mackertich Wms are 0.0112% of Total Turnover, while for SS Corporate, they are 0.0126% of Total Turnover.

Call and Trade Charges: This charge varies for different brokers. Stewart Mackertich Wms charges NA and SS Corporate charges NA.

Other Brokerage ChargesStewart Mackertich WmsSS Corporate
Minimum Brokerage ChargesPercentage of TransactionPercentage of Transaction
Transaction Brokerage Charges0.00299% of Total Turnover0.00315%
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp Duty ChargesAs per the stateAs per the state
GST Charges18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)
STT Charges0.0112% of Total Turnover0.0126% of Total Turnover
Call and Trade ChargesNANA

Stewart Mackertich Wms and SS Corporate 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 Stewart Mackertich Wms is up to Upto 2x and by SS Corporate it is up to Upto 2x.

Equity Intraday: Leverage for equity intraday by Stewart Mackertich Wms is up to Upto 5x and by SS Corporate it is up to Upto 10x.

Equity Futures: Leverage for Equity Futures by Stewart Mackertich Wms is up to Upto 3x and by SS Corporate it is up to Upto 3x.

Equity Options: Leverage for Equity Options by Stewart Mackertich Wms is up to Upto 6x and by SS Corporate also, it is up to Upto 4x.

Equity LeverageStewart Mackertich WmsSS Corporate
Equity DeliveryUpto 2xUpto 2x
Equity IntradayUpto 5xUpto 10x
Equity FuturesUpto 3xUpto 3x
Equity OptionsUpto 6xUpto 4x

Stewart Mackertich Wms and SS Corporate Currency Leverage

The currency futures leverage provided by Stewart Mackertich Wms is up to Upto 1x, while for SS Corporate it is up to Upto 2x.

The currency options leverage provided by Stewart Mackertich Wms is up to Upto 3x, while for SS Corporate it is up to Upto 4x.

Currency LeverageStewart Mackertich WmsSS Corporate
Currency FuturesUpto 1xUpto 2x
Currency OptionsUpto 3xUpto 4x

Stewart Mackertich Wms and SS Corporate Commodity Leverage

The commodity leverage provided by Stewart Mackertich Wms is up to Upto 2x, while for SS Corporate it is up to Upto 2x.

Commodity LeverageStewart Mackertich WmsSS Corporate
CommodityUpto 2xUpto 2x

Stewart Mackertich Wms and SS Corporate 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.

OffersStewart Mackertich WmsSS Corporate
Free Stock Trading AccountYesNo
Free Demat AccountNoYes
Flexible PlansYesYes
Brokerage DiscountsNoYes
Happy HoursNoNo
1 Month Free PlanNoNo
Holiday OffersNoYes
Referral ProgramYesYes
Zero Brokerage on Loss TradesNoNo

Stewart Mackertich Wms and SS Corporate Features

Equity Trading: Stewart Mackertich Wms and SS Corporate 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: Stewart Mackertich Wms and SS Corporate also offer you to trade in currency and commodities.

Initial Public Offering (IPOs): One of the greatest advantages of Stewart Mackertich Wms and SS Corporate broker is that you can also invest in IPOs. Stewart Mackertich Wms also has an added advantage that they provide you with robo-advisory services as well.

Trading Exposure: Different brokers provide different trading exposures. Stewart Mackertich Wms offers trading exposure of up to Upto 5x, while SS Corporate gives up to Upto 10x.

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 Stewart Mackertich Wms and SS Corporate, you can invest in mutual funds through SIP and Lumpsum.

Forex Trading: With Forex Trading, you can trade in various international currencies. Stewart Mackertich Wms and SS Corporate also allow you to trade in forex trading.

FeaturesStewart Mackertich WmsSS Corporate
Equity Delivery TradingYesYes
Equity Intraday TradingYesYes
Equity Futures TradingYesYes
Equity Options TradingYesYes
Currency TradingYesYes
Commodity TradingYesYes
IPO (Initial public offering)YesYes
Stocks SuggestionsNoNo
Robo AdvisoryNoNo
PMS (Portfolio Management Services)NoNo
Trading InstitutionNoNo
Trading ExposureUpto 5xUpto 10x
Mutual FundsYesNo
SIP (Systematic Investment Plan)YesNo
Forex TradingNoNo
BankingNoNo
InsuranceYesNo

Stewart Mackertich Wms and SS Corporate 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. Stewart Mackertich Wms and SS Corporate 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 ServicesStewart Mackertich WmsSS Corporate
Fundamental ReportsNoNo
Research ReportsYesYes
Company ReportsYesNo
Annual ReportsYesNo
Company Stock ReviewYesNo
Free Stock TipsYesYes
IPO ReportsYesNo
Top PicksNoYes
Daily Market ReviewYesNo
Monthly ReportsYesNo
Weekly reportsYesNo
Offline AdvisoryYesYes
Relationship ManagerYesYes

Stewart Mackertich Wms and SS Corporate 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. Stewart Mackertich Wms and SS Corporate 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 PlatformsStewart Mackertich WmsSS Corporate
WindowsYesYes
MacYesYes
Desktop BrowserYesYes

Stewart Mackertich Wms and SS Corporate Mobile Trading Platforms

Stewart Mackertich Wms and SS Corporate offer you mobile trading platforms which can be used in iOS and Android applications.

Mobile Trading PlatformsStewart Mackertich WmsSS Corporate
Mobile BrowserYesYes
Android AppYesYes
iOS AppYesYes
Windows AppNoNo
Other mobile osNoNo

Stewart Mackertich Wms and SS Corporate 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. Stewart Mackertich Wms and SS Corporate 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 FeaturesStewart Mackertich WmsSS Corporate
Relationship ManagerYesYes
Offline TradingYesYes
Online TradingYesYes
24 * 7 SupportNoNo
Email SupportYesYes
Chat SupportNoNo
Toll free numberNoNo
Support Branches380284

Stewart Mackertich Wms and SS Corporate 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 Stewart Mackertich Wms and SS Corporate registered and resolved complaints.

For Stewart Mackertich Wms, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.

For SS Corporate, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.

We can say that Stewart Mackertich Wms is better than SS Corporate in case of resolving customer complaints.

BSE ComplaintsStewart Mackertich WmsSS Corporate
BSE Complaints01
BSE Resolved Complaints01
Percentage of resolved BSE complaintsNaN %100.00 %
NSE Complaints16
NSE Resolved Complaints16
Percentage of resolved NSE complaints100.00 %100.00 %
BSE/NSE Complaint vs. Resolved PercentageNaN %100.00 %

Frequently Asked Questions


  1. Is Stewart Mackertich Wms better than SS Corporate?

    Stewart Mackertich Wms and SS Corporate 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.

  2. Is SS Corporate better than Stewart Mackertich Wms?

    SS Corporate and Stewart Mackertich Wms 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.

  3. Which is cheaper between Stewart Mackertich Wms and SS Corporate?

    Stewart Mackertich Wms 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.

  4. Which is better, Stewart Mackertich Wms and SS Corporate?

    To figure out which of the two stockbrokers, Stewart Mackertich Wms and SS Corporate, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.


Compare Stewart Mackertich Wms with other stock brokers

Visit the following pages to see a detailed comparision report of Stewart Mackertich Wms with other brokerage firms.


Compare SS Corporate with other stock brokers

Visit the following pages to see a detailed comparision report of SS Corporate with other brokerage firms.