Ashika stock broking is one of the premium stock broking companies that shared an excellent platform for trading. The company reached the zenith with its heart and soul effort.
And today it is counted among the remarkable stock broking companies for its unparalleled trading platforms. In addition to that it offered a superb offer through its products and services.
On top of that, the company achieved a good rating score as well for its consistent performance in the stock market. Thus, according to the Ashika stock broking review, the company is well accepted because of its continuity and prompt trading service.
Ashika Stock Highlights | |
Broker Type | Full-Service Broker |
Demat Account AMC | Rs.350 per Annum |
Margin Required | Minimum Rs.20,000 |
Intraday Brokerage | 0.04% |
Delivery Brokerage | 0.30% |
Exposure | Upto 6X |
What do you know about Ashika Stock?
The Ashika stock broking came into light in the year 1994 Kolkata in West Bengal with the effort of the man Pawan Jain the eminent founder of the company.
The company laid its strong foundation to work as a full-service broking company. However, the Ashika Stock Broking Review informs traders should keep in mind that the company started its operation as a private company.
About Ashika Stock | |
Know a few details about Ashika Stock | |
Which type of Company is it? – Public / Private | Private |
Which type of Broker is it? – Full Service / Discount | Full-Service Broker |
Where is the registered office of the Company Located? | Kolkata, West Bengal |
Who is the Founder of this Company? | Pawan Jain, FCA |
When did the company start? | 1994 |
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What are the various Demat Account Opening Charges levied by Ashika Stock?
The Ashika Stock Broking Demat Account charge is very nominal as they ask traders to pay only Rs.300 as the opening amount. Besides the Ashika Stock Broking Account Opening charge, the company also demands Rs.350 years as the charge for maintaining the Demat.
However, it is good news for the traders that the AMC for a trading account is free. But again traders need to know that they have to pay Rs.20,000 as the minimum margin amount for having the account. The best thing is that they do offer dematerialization as well.
Ashika Stock Demat Account Opening Fees | |
Check out the various fees charged for Opening a Demat Account with Ashika Stock | |
Which is the Depository Participant involved? | CDSL & NSDL |
What are the Demat account opening charges? | Rs.300 |
How much is the Demat AMC? | Rs.350 per Annum |
What is the Trading AMC? | Free |
What is the initial Margin amount required? | Minimum Rs.20,000 |
Is dematerialization available? | Yes |
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Does Ashika Stock provide any Offers to their Clients?
The Ashika Stock Broking Offers have captivated the minds of traders. In that regard, note that the stockbroking company charges nothing for the trading account.
And the best privilege it offers to the traders is the discount on the brokerage. In addition to that, the stockbroking company facilitates the traders with holiday offers as well as referral offers.
Ashika Stock Offers | |
Here are the various offers provided by it | |
Does the broker provide a Free Demat A/C offer? | No |
Does the broker provide Free Trading A/C offer? | Yes |
Is this broker offers a Discount on Brokerage? | Yes |
Does the broker offer Happy hour trading to their clients? | No |
Is the broking house provides a flexible brokerage plan? | No |
Does the broker offer 1-month Free brokerage? | No |
Are the Holiday offers provided by the broker? | Yes |
Are there any referral offers shared by the broker? | Yes |
Zero Brokerage for Loss-Making Trades | No |
What are the Brokerage Charges levied by Ashika Stock on various Segments?
The Ashika Stock Broking Brokerage Charges for the intraday, commodity trading, equity future, and currency future is 0.04% while the charge for the equity delivery is 0.30%. Besides that, the stock broking company charges rs 25 for each lot of the currency options.
In addition to that the company has fixed an amount of Rs 50 for each lot of the equity options. But traders need not worry at all because they charge a minimum percentage from the transaction.
Ashika Stock Brokerage Charges | |
Here you will find details of brokerage levied by Ashika Stock on all segments | |
What are the Equity Delivery Charges? | 0.30% |
What are the Equity Intraday Charges? | 0.04% |
How much brokerage charged for Commodity Trading? | 0.04% |
What is the brokerage on Equity Futures? | 0.04% |
How much brokerage charged for Equity Options? | Rs.50 per Lot |
What is the brokerage on Currency Futures? | 0.04% |
What is the brokerage on Currency Options? | Rs.25 per Lot |
How much is the Minimum Brokerage required? | Percentage of Transaction |
What is the Demat AMC? | Rs.350 per Annum |
How much is the Trading AMC? | Free |
What is the Minimum Margin Required? | Minimum Rs.20,000 |
Does Ashika Stock levy any other charges apart from Brokerage?
As per Ashika stock broking charges for the SEBI are 0.0002% of the total turnover. In addition to that, the company charges 0.0126% as the STT on the entire turnover.
On top of that, the stamp duty imposed on the trader varies because it depends on the state and it is minimal. The stock broking company charges GST which is 18% also note that it includes the brokerage and transaction charges.
Ashika Stock Charges | |
Get a deep understanding of all other charges levied by it | |
How much are the Transaction Charges levied? | 0.00315% |
What are the STT charges? | 0.0126% of Total Turnover |
What are the SEBI Turnover charges? | 0.0002% of Total Turnover |
How much is the Stamp Duty levied? | Depends on State (very minimal) |
How is the GST charged? | 18% of (Brokerage + Transaction Charges) |
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What is the Limit or Exposure offered by Ashika Stock?
The Ashika stock Broking Margin for equity delivery, currency future, currency option, and commodity trading extend up to 2X.
On the other hand, the Ashika stock company Broking Exposure offered for the equity future is up to 3X. While for the equity option, the exposure offered is up to 5x. And the exposure reaches up to 6X for the equity intraday.
Ashika Stock Exposure or Leverage | |
Here you will find the exposure or limit provided by it | |
How much is the limit on Equity Delivery? | Upto 2X |
What is the limit on Equity Intraday? | Upto 6X |
How much is the limit on Equity Futures? | Upto 3X |
What is the limit on Equity Options? | Upto 5X |
What is the exposure on Currency Futures? | Upto 2X |
How much is the leverage on Currency Options? | Upto 2X |
What is the limit on Commodity Trading? | Upto 2X |
How to Open Ashika stock broking Demat & Trading Account?
- In order, Open Ashika Stock Broking Demat Account the reader has to go through the content in detail and then press the “open demat account” button in the article.
- Once pressed a fill-up form will come into sight.
- Then the traders will have to fill up the whole form in detail making sure that the mandatory fields are filled up properly.
- To open Ashika Stock Broking Trading Account, the traders will have to submit the KYC details as well. They need to make sure to attach their bank details, Pan card, Aadhar card, and address proof.
- Then the company executive will call you for verification.
- In the meantime, traders will also receive a notification in the email regarding the account creation.
- Finally, you will receive a confirmation call on behalf of the company.
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What are the various Trading Platforms provided by Ashika Stock?
The Ashika Stock Broking Trading Platforms are quite user-friendly and the best is that they allow traders to access them without any hesitation.
Ashika Stock Broking Trading Terminal
The Ashika Stock Broking Trading terminal is light in weight which means no extra time is needed for its loading. Most important it works so smoothly and it flexibly adjusts on any platform whether it is a laptop or computer
Ashika Stock Broking Web Trading Platform: Ashika Stock Web
The web feature of the Ashika is quite advanced and the best part to note is that it congenially fits any browser whether it’s Mozilla or Google.
Ashika Stock Broking Mobile Trading App
It is super friendly and it does not mind at all working fast on any application whether it’s Android or IOS.
Ashika Stock Trading Platforms | |
Here you will find all the important trading platforms available with it | |
Do they have Trading Terminals for Windows? | Yes |
Do they have Trading Terminals for Mac? | No |
Are they providing Web Trading Platforms? | No |
Do they have a Mobile Web Platform? | No |
Does this broker provide Mobile Trading App for Android? | Yes |
Does this broker provide Mobile Trading App for iOS? | Yes |
Are they having Mobile App for Windows OS? | No |
Do they have Mobile Trading App for Other OS? | No |
What are the features available in Ashika Stock Trading Applications?
Trading Terminal Ashika Stock Broking Features
- The Ashika Stock Broking Trading Terminal enables users to get information on various stocks and catch up with tips as well.
Ashika Stock Broking Web Trading Platform Features
- The Ashika Stock Broking Web Trading is designed to notify traders with email alerts.
Mobile App Ashika Stock Broking Features
- The Ashika Stock Broking Trading App allows the user to get live updates on the data from the market.
- In addition to that keeps the traders informed about the global indices as well.
- It also helps traders to know about the portfolio details.
- Moreover, traders also get real-time information on the stock market.
- Also, note that the traders get information on the portfolio details too.
Ashika Stock Trading Application Features | |
Here you will find various features available in Trading Platforms provided by it | |
Are these platforms capable of Real-time Updates? | Yes |
Do these Applications provide Portfolio Details? | Yes |
Is this software providing Online MF Buy? | No |
Do these platforms have News Flash? | Yes |
Are these platforms providing Research Reports? | No |
Are these platforms Easy to Install & use? | No |
Do these Apps have Global Indices? | Yes |
Are these platforms having Stock Tips? | Yes |
Does this software provide Personalized Advisory? | No |
Are these platforms capable of Interactive charting? | No |
Do these Apps provide Live Markets data? | Yes |
Do they provide SMS Alerts? | No |
Are they providing Email Alerts? | Yes |
Do these platforms have a Multi-Account Management solution? | No |
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What are the various Products provided by Ashika Stock?
The Ashika stock Broking Products have simply attracted traders to it. In that regard, note that it offers equity trading and currency trading.
In addition to that, they offer different kinds of options for trading. On top of that the traders are allowed to trade in the future and allow traders to have the SIP. The best is that traders can also invest in Forex trading as well. Apart from that the company also offer Mutual fund as one of its products.
Ashika Stock Products | |
Here are the various products provided by it | |
Does the broker allow Equity Trading? | Yes |
Does the broker allow Commodity Trading? | Yes |
Do they have Currency Trading products available? | Yes |
Do they provide Options trading? | Yes |
Are the clients allowed to trade in Futures? | Yes |
Do they have Mutual Funds as the product? | Yes |
Does the broker allow Forex trading? | Yes |
Does the broker have Banking products? | No |
Is SIP allowed by the broker? | Yes |
Do they have Insurance as a Product? | No |
What are the various Services offered by Ashika Stock?
The Ashika Stock Broking services offer the Demat account service followed by trading service. In addition to that they have excelled as an intraday service provider as well.
On top of that, the IPO services offered are also quite talked about. Besides that, for the sake of the traders they offer institutions as well. on the whole, they offer a trading exposure that is up to 6x.
Ashika Stock Services | |
Check out the various services provided | |
Does the broking house provide Demat Services? | Yes |
Does the broking house provide Trading Services? | Yes |
Do they have 3 in 1 Account i.e. Demat, Trading & Savings A/C? | No |
Do they provide Intraday Services? | Yes |
Are they offering IPO Services to the client? | Yes |
Do they have Stock Recommendations available? | No |
Are they providing tools for Robo Advisory? | No |
Does the broker provide PMS? | No |
Do they have Trading Institution available? | Yes |
What is the Trading Exposure this broker provides? | Upto 6X |
Does Ashika Stock provide Research & Advisory to their clients?
The Ashika Stock Broking Research team plays a prudent role in analyzing and sharing the IPO reports. In addition to that Ashika Stock Broking Advisory also offers offline advice to traders.
Subsequently, they also facilitate traders with a relationship manager who tends to solve all kinds of trading issues. Moreover, Ashika Stock Broking Tips expert offers significant tips on stock broking.
Ashika Stock Research, Advisory & Stock Tips | |
Here are the various research activities are done by it | |
Does the broker share Fundamental Reports? | No |
Does the broker share Research Reports? | No |
Do they provide Company Reports to their clients? | No |
Are they analyzing the Annual Reports of Companies? | No |
Do they share Company Stock Reviews? | No |
Are they sharing Free Stock Tips with their clients? | Yes |
Do they analyze & share IPO Reports? | Yes |
Does the broking company provide Top Picks? | No |
Are they sharing Daily Market Review? | No |
Do they have Monthly Reports? | No |
Does the broker provide Weekly Reports? | No |
Are they having Offline Advisory? | Yes |
Do they provide Relationship Managers to clients? | Yes |
What are the Customer Care details of Ashika Stock?
The Asika Stock Broking Customer Care is so efficient that they can handle any offline trading with expertise. In addition to that have equivalent expertise in handling online trading.
Besides that, the customer care professionals work round the clock so that you can reach them in hours of need. It is their efficacy that made them extend their wings to over 762 branches all over India.
Ashika Stock Customer Support | |
Let’s have a better understanding of Customer Care Service | |
Are they providing Dedicated dealers to their clients? | No |
Do they allow Offline Trading? | Yes |
Do they have facilities for Online Trading? | Yes |
Are they providing 24*7 Support? | Yes |
Does this broker provide Email Support? | No |
Is this broker having Chat Support? | No |
How many Branches the stock broker has? | 762 |
Are there any Complaints filed against Ashika Stock by their clients?
The Ashika Stock Broking Complaints are nil in the category of BSE. However, it might be an issue because some traders have filed a complaint against the stock broking company in the category of the NSE which has been counted as 4. But the diligent company resolved those 4 complaints very actively.
Ashika Stock Complaints | |
Here you will know about the Complaints lodged against it | |
What is the total number of Complaints Lodged in BSE? | 0 |
How many of these complaints have been Resolved in BSE? | 0 |
What is the total number of Complaints Lodged in NSE? | 4 |
How many of these complaints have been Resolved in NSE? | 4 |
What are the Advantages / Benefits of the Ashika Stock Broking Trading Account?
- Ashika Stock Broking Trading is known for its authenticity because of its immense experience in the field.
- In addition to that they offer the privilege of contacting the relationship manager for resolving any trading dilemma.
- It is noteworthy that the company has received no complaints in the BSE segment.
- The best is that the company has experts who are ever ready to offer free cost stock tips to the experts.
- In addition to that the company researches its best about the market to provide traders detail tips about the investment market.
What are the Ashika Stock Review & Ratings as per their Customer?
The Ashika Stock Broking Rating, on the whole, received 3 stars out of 5. But the company was awarded the highest rating in the category of brokerage and other charges which is 2.9 out of 5.
While the company received only 2.4 ratings out of 5 in the products and services. It is noteworthy from the Ashika Stock Broking Review that about 378 people so far have penned the ratings for the company.
Ashika Stock Ratings & Reviews | |
We are looking at Company’s Ratings on various parameters | |
Stock Market Research & Broking Advisory | 2.6/5 |
Brokerage & other Charges like – Turnover, Transaction Charges, etc. | 2.9/5 |
Types of Products & Services the Brand provides | 2.4/5 |
Performance Mobile App, Trading Terminal & Web Trading Platform | 2.5/5 |
Experience in the Broking Business | 2.9/5 |
Total Avg. Rating of Broking House | 2.6/5 |
Star Rating is given to Stock Broker | ★★★☆☆ |
Number of People Contributed to These Ratings | 378 |
Conclusion
The Ashika Stock Broking is the most sought-after broking house in India. To date, it has served traders with full transparency and honesty. The team works with full competence so that traders can gain profit in the end.
Hope you will understand from the above-documented article that the Ashika Stock Broking review is all penned to guide you about the stock broking company in detail so that you can take an informed decision about trading.
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