Top Stock Advisory
Sunness Capital vs. Bgse Financials
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 Sunness Capital and Bgse Financials. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Sunness Capital and Bgse Financials.
Overview
Sunness Capital is private company and Bgse Financials is public company. both are full service broker as well. Padmajyothi Shreesha co-founded Sunness Capital in 2009. And Bgse Financials was founded in the year 1999 by Pramod G Jain. Sunness Capital's headquarters are in Bangalore, KA and Bgse Financials's headquarters are in Bangalore, Karnataka.
Sunness Capital and Bgse Financials both are full service broker as well. Sunness Capital is registered in NA, while Bgse Financials is registered in NA. The total branches of Sunness Capital are Nil and the Bgse Financials branches are Nil.
Overview | Sunness Capital | Bgse Financials |
---|---|---|
Broker Type | Full Service Broker | Full Service Broker |
Type of company | Private | Public |
Headquarter | Bangalore, KA | Bangalore, Karnataka |
Founders | Padmajyothi Shreesha | Pramod G Jain |
Foundation Year | 2009 | 1999 |
Supported Exchanges | NA | NA |
Total branches | Nil | Nil |
Sunness Capital and Bgse Financials 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 Sunness Capital charging Rs.250 and Bgse Financials 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 Sunness Capital Demat account is Rs.333 per Annum and for the Bgse Financials Demat account is Rs.400 per Annum. The Trading AMC for Sunness Capital and Bgse Financials 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 Sunness Capital and Bgse Financials is CDSL.
Account Opening and Demat Charges | Sunness Capital | Bgse Financials |
---|---|---|
Trading Account Opening Charges | Rs.250 | Free |
Demat AMC (Annual Maintenance Charges) | Rs.333 per Annum | Rs.400 per Annum |
Trading AMC (Annual Maintenance Charges) | Free | Rs.250 per Annum |
Margin Money | Minimum Rs.13,000 | Zero Margin |
Offline to Online Charges | Yes | Yes |
Depository | CDSL & NSDL | CDSL & NSDL |
Sunness Capital and Bgse Financials 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 Sunness Capital is 0.33%, while Bgse Financials charges you 0.2% – 0.4%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Sunness Capital is 0.03% and for Bgse Financials also, it is 0.02% – 0.04%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Sunness Capital charge 0.03% and Bgse Financials charge 0.02% – 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, Sunness Capital charges Rs.33 per Lot, and Bgse Financials charges Rs.30 – Rs.100 per Lot.
Equity Brokerage Charges | Sunness Capital | Bgse Financials |
---|---|---|
Equity Delivery Brokerage | 0.33% | 0.2% – 0.4% |
Equity Intraday Brokerage | 0.03% | 0.02% – 0.04% |
Equity Futures Brokerage | 0.03% | 0.02% – 0.04% |
Equity Options Brokerage | Rs.33 per Lot | Rs.30 – Rs.100 per Lot |
Sunness Capital and Bgse Financials 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 Sunness Capital is 0.03% and for Bgse Financials is 0.02% – 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. Sunness Capital charges Rs.23 per Lot for currency options, whereas Sunness Capital charges Rs.20 – Rs.75 per Lot.
Currency Brokerage Charges | Sunness Capital | Bgse Financials |
---|---|---|
Currency Futures Brokerage | 0.03% | 0.02% – 0.04% |
Currency Options Brokerage | Rs.23 per Lot | Rs.20 – Rs.75 per Lot |
Sunness Capital and Bgse Financials 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. Sunness Capital charges 0.03% for commodity trading, while Bgse Financials charges NA.
Commodity Brokerage Charges | Sunness Capital | Bgse Financials |
---|---|---|
Commodity Options Brokerage | 0.03% | NA |
Sunness Capital and Bgse Financials Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Sunness Capital levies a minimum brokerage fee of Percentage of Transaction, while Bgse Financials charges Percentage of Transaction brokerage fee.
Transaction Brokerage Charges: Sunness Capital levies a transaction brokerage charge of 0.00323% of Total Turnover, while Bgse Financials charges 0.00275%.
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 Sunness Capital is 0.0002% of Total Turnover and for Sunness Capital 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 Sunness Capital are 0.0126% of Total Turnover, while for Bgse Financials, they are 0.0126% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. Sunness Capital charges NA and Bgse Financials charges NA.
Other Brokerage Charges | Sunness Capital | Bgse Financials |
---|---|---|
Minimum Brokerage Charges | Percentage of Transaction | Percentage of Transaction | Transaction Brokerage Charges | 0.00323% of Total Turnover | 0.00275% | 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 |
Sunness Capital and Bgse Financials 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 Sunness Capital is up to Upto 2x and by Bgse Financials it is up to Upto 2x.
Equity Intraday: Leverage for equity intraday by Sunness Capital is up to Upto 6x and by Bgse Financials it is up to Upto 6x.
Equity Futures: Leverage for Equity Futures by Sunness Capital is up to Upto 2x and by Bgse Financials it is up to Upto 2x.
Equity Options: Leverage for Equity Options by Sunness Capital is up to Upto 5x and by Bgse Financials also, it is up to Upto 5x.
Equity Leverage | Sunness Capital | Bgse Financials |
---|---|---|
Equity Delivery | Upto 2x | Upto 2x | Equity Intraday | Upto 6x | Upto 6x | Equity Futures | Upto 2x | Upto 2x | Equity Options | Upto 5x | Upto 5x |
Sunness Capital and Bgse Financials Currency Leverage
The currency futures leverage provided by Sunness Capital is up to Upto 2x, while for Bgse Financials it is up to Upto 3x.
The currency options leverage provided by Sunness Capital is up to Upto 3x, while for Bgse Financials it is up to Upto 3x.
Currency Leverage | Sunness Capital | Bgse Financials |
---|---|---|
Currency Futures | Upto 2x | Upto 3x | Currency Options | Upto 3x | Upto 3x |
Sunness Capital and Bgse Financials Commodity Leverage
The commodity leverage provided by Sunness Capital is up to Upto 3x, while for Bgse Financials it is up to Upto 3x.
Commodity Leverage | Sunness Capital | Bgse Financials |
---|---|---|
Commodity | Upto 3x | Upto 3x |
Sunness Capital and Bgse Financials 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 | Sunness Capital | Bgse Financials |
---|---|---|
Free Stock Trading Account | Yes | No | Free Demat Account | No | No | Flexible Plans | Yes | Yes | Brokerage Discounts | Yes | Yes | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | Yes | No | Referral Program | Yes | No | Zero Brokerage on Loss Trades | No | No |
Sunness Capital and Bgse Financials Features
Equity Trading: Sunness Capital and Bgse Financials 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: Sunness Capital and Bgse Financials also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Sunness Capital and Bgse Financials broker is that you can also invest in IPOs. Sunness Capital also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Sunness Capital offers trading exposure of up to Upto 6x, while Bgse Financials 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 Sunness Capital and Bgse Financials, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Sunness Capital and Bgse Financials also allow you to trade in forex trading.
Features | Sunness Capital | Bgse Financials |
---|---|---|
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 6x | Upto 6x | Mutual Funds | No | Yes | SIP (Systematic Investment Plan) | No | Yes | Forex Trading | No | No | Banking | No | No | Insurance | Yes | No |
Sunness Capital and Bgse Financials 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. Sunness Capital and Bgse Financials 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 | Sunness Capital | Bgse Financials |
---|---|---|
Fundamental Reports | No | No |
Research Reports | No | 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 | No | No |
Monthly Reports | No | No |
Weekly reports | No | No |
Offline Advisory | Yes | Yes |
Relationship Manager | Yes | Yes |
Sunness Capital and Bgse Financials 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. Sunness Capital and Bgse Financials 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 | Sunness Capital | Bgse Financials |
---|---|---|
Windows | Yes | Yes |
Mac | Yes | Yes |
Desktop Browser | Yes | No |
Sunness Capital and Bgse Financials Mobile Trading Platforms
Sunness Capital and Bgse Financials offer you mobile trading platforms which can be used in iOS and Android applications.
Mobile Trading Platforms | Sunness Capital | Bgse Financials |
---|---|---|
Mobile Browser | Yes | No |
Android App | Yes | Yes |
iOS App | Yes | Yes |
Windows App | No | No |
Other mobile os | No | No |
Sunness Capital and Bgse Financials 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. Sunness Capital and Bgse Financials 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 | Sunness Capital | Bgse Financials |
---|---|---|
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 | 7 | 9 |
Sunness Capital and Bgse Financials 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 Sunness Capital and Bgse Financials registered and resolved complaints.
For Sunness Capital, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.
For Bgse Financials, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.
We can say that Sunness Capital is better than Bgse Financials in case of resolving customer complaints.
BSE Complaints | Sunness Capital | Bgse Financials |
---|---|---|
BSE Complaints | 0 | 0 |
BSE Resolved Complaints | 0 | 0 |
Percentage of resolved BSE complaints | NaN % | NaN % |
NSE Complaints | 1 | 2 |
NSE Resolved Complaints | 1 | 2 |
Percentage of resolved NSE complaints | 100.00 % | 100.00 % |
BSE/NSE Complaint vs. Resolved Percentage | NaN % | NaN % |
Frequently Asked Questions
Is Sunness Capital better than Bgse Financials?
Sunness Capital and Bgse Financials 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 Bgse Financials better than Sunness Capital?
Bgse Financials and Sunness Capital 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 Sunness Capital and Bgse Financials?
Sunness Capital 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, Sunness Capital and Bgse Financials?
To figure out which of the two stockbrokers, Sunness Capital and Bgse Financials, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Sunness Capital with other stock brokers
Visit the following pages to see a detailed comparision report of Sunness Capital with other brokerage firms.
Compare Bgse Financials with other stock brokers
Visit the following pages to see a detailed comparision report of Bgse Financials with other brokerage firms.