Karvy Online Review

 

Karvy Online Review 

Karvy Online

Karvy was established in the year 1985. It allows trading through NSE, BSE, MCX, NCDEX, MCX-SX in various maket segments like equity, commodity, derivatives, currency, mutual funds, FD. It is a full service broker in India which provides intraday tips, offline assistance etc. It has excelled itself to the higher level by making efforts in various categories. Now a days, it has wide existence in 400 Indian cities with international offices in Dubai and Newyork.

It avails services like Live chat with Research Experts via Skype. The stock broker offers cooperative customer support through email, online support, toll free no, and through approaching branch office in your city. It has research teams, they do deep analysis and publish investment advice accordingly.

 Karvy Financial Academy is the kind of institute which provides detailed information about share market. This full service broker also provides full fledged services to NRI to invest in Indian stock Market.

 

Account Opening Charges of Karvy Online

Account opening with this brokerage firm is free of cost.

Some other Charges associated with it:

  • Demat account Opening Charges (One Time):Free
  • Trading Annual maintenance charges (AMC): NA
  • Demat Account Annual Maintenance Charges (AMC):Free for 1 year duration
  • Trading Account Opening Charges (One Time): Free

Brokerage Outlay

Brokerage segment Plan
Flat Fee NA
Equity Intraday 0.03%
Equity Delivery 0.30%
Equity Options Rs 50 per lot
Equity Futures 0.03%
Currency Options Rs 50 per lot
Currency Futures 0.03%
Currency Options Rs 50 per lot
Commodity 0.03%

 

Margin display

Equity 20 times for Intraday, zero for delivery
Equity Option No margin for buying, up to 4 times for shorting intraday
Equity Future 4 times for intraday
Currency Option No leverage
Currency Future No leverage
Commodity 4 times for intraday


Karvy: Desktop, Web and Mobile app base trading platform

1.     Nest Trader

Karvy Nest Trader is a desktop based front-end application that allows a trader to perform different activities. It is easy to use and reliable, which makes trading activities quite convenient. It allows the investor to explore facilities like watching Market Picture, viewing orders, advance charting, and some additional tools to receive notification etc.

  • Place orders to the exchange.
  • Set up effectual risk management system.
  • Watch market picture data for scrips.
  • See trades, orders, and positions info.

2.     Online Web

Karvy Online Web or Xpress platform is a web based trading platform in India which works on low bandwidth. It doesn’t require any exe file installation on your device. It offers convenient trade anywhere on different platforms including mobile, Desktop etc. It works on chrome, IE, Mozilla. Using this platform trader can place, edit, or cancel orders. You can also view order book, Intraday book, trade book,  and live news about latest market trends.

3.     Online Mobile Trading App

KarvyOnline Mobile Trading App is a mobile stage which allows trader to execute trades dynamically and access share market news, trade book,  quotes of NSE & BSE and some other updates easily. This app is free for android and iphone users.

  • Its free even if you are not the client of Karvy.
  • You will experience secure trading with Karvy mobile trading app.
  • Transfer funds by selecting bank from the given list.
  • Track portfolio.

 Karvy Customer support

Stock brokers are updated with the latest market news and fluctuations to make their clients aware of such things and to have best return value. So they have the cooperative customer support team that usher its clients in context of any trade related query. They must deal as a tech savvy to ensure trust among Indian as well as NRI customers.

The interactions with old clients is also taken into consideration time to time by this support team to notify them with best trade deals. The team also maintains client base on its portfolio to ensure proper account management. Karvy has good customer support team.

Customer Service Availability
Toll Free number
Email Support
24/7 Support
Phone Support
Live Chat

 

Pros and Cons of Karvy Online

Pros

  1. Karvy provides free research reports to its clients.
  2. It offers single login for different trade segments.
  3. Investment in Mutual fund and IPO is possible with Karvy.
  4. It costs zero for demat AMC for first year
  5. It has 60 types of technical charts.

Cons

  1. Low margin provider
  2. No updated plans
  3. Average trading platform
  4. No refer and earn scheme