Achiievers is a full service provider at discounted rates. They have competitive commission rates, Solid research and recommendations and options to invest in Mutual Funds, IPOs, Bonds and FDs.
Started in 2010, ACHIIEVERS EQUITIES LTD is a Kolkata based financial services providing company deals in brokerage services, depository and distribution services for Equity, F&O, Currency Derivative, Commodity, IPO, Mutual Fund, Life Insurance, General Insurance and Fixed Deposits. The company is registered with almost all the prominent Exchanges in India like, NSE, BSE, MCX, MCX-SX, NSEL, ACE, USD . Their customer base is a mix of institutional, high net-worth, and retail investors. They have client base of 10,000+ and 200 Sub-brokers across the country.
Commodity Trading is offered through their separate firm called Achiievers Commercial Pvt Ltd. Achiievers is channel partners with insurance companies like LIC of India, Reliance Life Insurance, Kotak Life Insurance, DLF Pramerica for Life Insurance products and ICICI Loombard and Cholamandalam M S in General Insurance.
The Broker offers 3 in 1 account called Achiievers Direct e-Invest 3-in-1 Account that allows you to integrate Achiievers Trading Account, Axis Bank Account and Achiievers Demat Account. This avoids transaction charges & bank charges for fund transfer and provides seamless and instantaneous transfer of funds. You can use this account to invest in Mutual Fund, IPO, NCD etc. online. Achiievers is DP with CDSL. Having demat account with Achiievers is mandatory.
The broker provides daily morning outlook on equity and commodity, fundamental research reports and weekly / monthly calls. They also provide research recommendations on SMS by paying Rs 75 per month for each segment.
Customer service is taken care through FB, Blog, Twitter, Email and Tele call at Customer service Desk.
SMS Alerts, research reports, Brokerage calculator for calculating cost, online fund transfer with over 41 banks
Too many brokerage plans creating confusion, higher account opening fee, Charges for research services through SMS
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Here we are comparing Achiievers Equities with its 5 close competitors, who are currently market leader in brokerage industry.
|Service Type||Discount Broker||Full Service Broker||Full Service Broker||Discount Broker||Discount Broker|
|Brokerage||Rs 15||0.05 to .55%||0.1 to 0.5%||Rs 20||Rs 15|
|Account Type||3 in 1||3 in 1||2 in 1||2 in 1||2 in 1|
Please refer unique and accurate Achiievers Equities Brokerage Calculator
Mega value Plan: Achiievers offer unlimited trade in CASH, FUTURES & OPTIONS, COMMODITY and CURRENCY @ Rs 750 for the entire month. This is one of the lowest monthly plans for trading in all segments which is exactly same as MyValueTrade's monthly plan at Rs 1000 per month. Others like SAS Online and TradeSmart Online only allows to trade in Equity cash and F&O for Rs 999 and Rs 3999 per month respectively.
There is no hidden cost and no limitations on the volume and number of trades you make at any given point of time for the entire month. This is actually a very good plan if you trade a lot. If you are trading in 50 trades a day in Nifty options, then your fee of Rs 750 ends up almost on the very first day you trade. The entire month you trade will be completely free.
Rs 15 per trade Offer: Trade in Equity, F&O, currency, commodity at Rs 15 per order irrespective of how many trades executed for that particular order.
Rs 50 per day Plan: This plans allows limitless trade in CASH, FUTURES & OPTIONS, COMMODITY and CURRENCY for the entire day at Rs 50 per day. It means you can trade in each segment unlimited times in a day by paying Rs 50. There is an account opening fee or one time subscription charge of Rs 750 with this plan.
Normal or % Base Plan: 0.50% Cash , 0.05% Equity Intraday and Futures and 100 per lot in Options.
Call n Trade Charge of Rs.20/- including Service Tax
|Brokerage Plan||Flat Fee Rs 15 Plan|
|Equity Delivery||Flat Fee Rs 15|
|Equity Intraday||Flat Fee Rs 15|
|Equity Futures||Flat Fee Rs 15|
|Equity Options||Flat Fee Rs 15|
|Currency Futures||Flat Fee Rs 15|
|Currency Options||Flat Fee Rs 15|
|Commodity||Flat Fee Rs 15|
For complete brokerage charges and trading plans detail please visit Achiievers Equities Brokerage Charges.
For online trading with Achiievers, investor has to open 2-in-1 account(Trading and Demat). Following are the ways to open an account with Achiievers:
Achiievers provide NSE NOW trading terminal for NSE, BSE cash and NSE Currency and ODIN terminal for Commodity (MCX) segment.
Browser based Platform: Achiievers offers NSE NOW free of cost for all clients. It is a browser based trading interface. It allows you to trade online by logging in to www.nowonline.in or at www.now-online.in. NOW offers many of the functionalities available on the stand-alone Windows platform. The advantage is that you don't have to install any software on your PC and you can access it from anywhere.
NSE NOW can also be downloaded on mobile for trading on the go.
For detail review of mobile app and download please visit Achiievers Equities Trading Platform Review.
The Broker is not just a simple brokerage firm but also provides advisory services in both cash and derivatives sides of the capital markets and Commodity market and is also distributors of savings / investment instruments. The Broker is offering some of the unique facilities to its clients which is lacking in other discount Brokers.
They have 3-in-1 account offering which is unique and easy to transfer funds. They also allow you to trade in IPOs, mutual Fund, Bonds, NCDs which is a plus. Achiievers offer one of the cheapest monthly plans in the industry at Rs 750 per month for trading in all segments including currency and commodity.
Overall, a proper Broker with perfectly well rounded offerings at easy to reach prices.
If you like what you have read and want to start trading, leave your contact information with us and we will guide you.