Achiievers Equities is a Kolkata-based online stock broker and one among the cheapest in Indian stock brokering landscape. The company deals in almost all the financial sectors including but not limited to equity, derivatives, currency derivatives, commodities, IPOs, mutual funds, fixed deposits, insurance, brokering services, distribution services, gold loans, etc – all under one roof. It is registered with almost all prominent Indian exchanges. It was incorporated in 2010, is headquartered in Kolkata, has a client base of over 10,000+ with 300 business partners and have 6 branches. Achiievers is channel partners with famous industry brands like LIC of India, Kotak Life Insurance, Reliance Life Insurance, DHFL Pramerica for Life Insurance Products, ICICI Lombard and Cholamandalam M S in General Insurance. It provides depository services through CDSL. It offers 3-1 Demat account Achiievers Direct e-Invest 3-1 Account that facilitates seamless and integrated transaction.
Why Achiievers Equities:
- Service across all segments including equity, currency, commodity, IPOs, mutual funds, insurance, bonds, FDs.
- Offers different categories of plans for its customers – Mega value plan, normal brokerage plan and flat Rs 15 per trade.
- Instant and integrated 3-1 Demat account.
- To and from fund transfer facility with leading 40+ banks.
- Provision for NRI trading.
- Free customer education.
Achiievers Equities Trading Platforms:
Achiievers Equities offers NSE based NOW online (web trading) and NOW Trader (installable trading software) and ODIN terminal for commodity (MCX) segment.
- Achiievers Mobi: Best suited for traders who trade on the go. Easily accessible, offers fast and safe trading. Key features include:
- Ultrafast and reliable. Real-time data analysis. Provision for technical analysis. Provides buy/sell options.
- Achiievers Web: It is a browser based platform, supported by all the browsers available. Key features include:
- Fully customizable.
- Convenient and superfast.
- Real-time data analysis.
- Achiievers Desk: It is a desktop based trading terminal, installable on the desktop. Key features include:
- Inbuilt option strategies.
- Customized orders and price alerts.
- Bulk trade watch.
- Real-time charting.
Achiievers Equities Account Opening Charges:
It offers 3-1 Demat account called Achiievers Direct e-Invest 3-1 Account Account (Achiievers trading account + Axis bank account + Achiievers Demat account) that facilitates seamless and integrated transaction. This avoids extra transaction and bank charges and provides instant money transfers. It is mandatory to have Demat account with Achiievers.
- Trading Account Opening Charge (one time): 0
- Demat Account Opening Charge (one time): Rs 750
- Trading Annual maintenance charge (AMC): 0
- Demat Account Annual Maintenance Charges (AMC): Rs 400
Achiievers Equities Brokerage Plan:
Achiievers Equities offers many plans and clients can choose based on their frequency, behavior, and value of trade.
- Mega Value Plan: This is one of the cheapest monthly brokerage plans in an online trading programme for trading in all segments. It offers unlimited trading in all segments – cash, futures & options, commodity, and currency – at zero brokerage with a monthly subscription of Rs 750. Best suited for heavy traders.
|Plan type||Mega Value Plan|
|Brokerage Charges||Rs 750 per month|
- Per Day Plan: If the clients trade only a few days in a week, then the can pay flat Rs 50 per day and trade in each segment the entire day unlimited. They can trade in equity, commodity and currency derivatives across exchanges NSE, BSE, and MCX.
|Equity Segment||Flat Rs 50 per day for the entire equity segment (delivery, intraday, and F&O) at NSE and BSE|
|Currency Segment||Flat Rs 50 per day for entire currency segment (Derivatives and Options) at NSE CDS|
|Commodity||Flat Rs 50 per day for entire commodity segment trading at MCX|
- Per Trade Plan: Clients may like to trade occasionally and in such a case they can go for per trade basis plan where they have to pay flat Rs 15 per executed order.
|Equity Delivery||Rs 15 per trade|
|Equity Intraday||Rs 15 per trade|
|Equity Futures||Rs 15 per trade|
|Equity Options||Rs 15 per trade|
|Currency Futures||Rs 15 per trade|
|Currency Options||Rs 15 per trade|
|Commodity||Rs 15 per trade|
Achiievers Equities Margin/Exposure: Below is the margin provided by the brokerage service:
|Equity (Intraday)||Up to 5 times for Intraday|
|Equity (Delivery)||0 for Delivery|
|Equity Futures||Up to 2 times for Intraday|
|Currency Options||Up to 2 times for Intraday|
|Commodity||Up to 4 times for Intraday|
- Achiievers Equities is a complete broker which provides brokerage services, distributor services, insurance services, research and advisory.
- It offers plan for all types of traders and clients can choose any depending on their preference, frequency and behavior.
- Mega Value Plan is one of the cheapest monthly brokerage plan.
- Provides 3-1 Demat account services.
- Provision for NRI trading.
- Traders can trade in all segments possible across all exchanges.
- Has its own research and advisory.
- Account opening fees and maintenance charges are relatively higher.
- Research and advisory are not free of cost and are charged through SMS.
- Call & Trade facility available at additional Rs 20 per trade.
Achiievers Equities is all in all a complete brokerage firm, which provides services in all the financial sectors –whether it be distributor services of savings/investments, brokerage services for trading (allows to trade in IPOs, bonds, NCDs, mutual funds too), insurance services (tie up with major brands), advisory services (in both cash and derivatives sides of capital and commodity markets), gold loans, etc. Achiievers’ Mega Value Plan is one of the cheapest monthly broking plans and also offers 3-1 Demat services for its clients. To conclude, it would not be unreasonable to say Achiievers Equities is one of the customer centric, innovative and unique stock brokers in Indian stock brokering ecosystem.