Anvil Stock Broking is an economic trading firm based out of India that has been working in the domains of trade and equity for years now. In this article, we will talk about the company’s services in detail.
In this Anvil Stock Broking Review, we will give you detailed information about the company’s charges that they impose on brokerage. You will also get an insight into how to open an account with them as well as the products and services that the company offers.
Being a private company and providing some of the best research and advisory benefits to the customers is a huge deal in itself. To know more about the company go through this article thoroughly.
|Anvil Share & Stock Broking Highlights|
|Broker Type||Full Service Broker|
|Demat Account AMC||Rs.350 per Annum|
|Margin Required||Rs.0 – Rs.300,000|
What do you know about Anvil Share?
Anvil Stock Broking started in the late ’90s under their founder Mr. Anuj A. Sheth. They started operating in 1997 in the financial capital of India, Mumbai in Maharashtra. it has several branches all across the country offering full-service brokerage in the domains of stock trading.
This Anvil Stock Broking Review will tell you about the private firm handling trades and stocks very accurately with the help of the experts under their shed who are constantly boosting their company to reach new heights.
|About Anvil Share & Stock Broking|
|Know a few details about Anvil Share & Stock Broking|
|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?||Mumbai, Maharashtra|
|Who is the Founder of this Company?||Anuj A. Sheth|
|When did the company start?||1997|
Open Demat Account Now – Fill up the Form Below
What are the various Demat Account Opening Charges levied by Anvil Share?
Anvil Stock Broking Account OPENING is one of the most convenient and favored in the market. First of all, they deal with NSDL and CDSL Depository sources. In addition to that, the Anvil Stock Broking Demat Account cost the account holders absolutely nothing.
However, there is an AMC levied on the Demat account that is around Rs 350 but no such AMC is charged on the Trading Account which is free if you want to open one.
They also allow the customers to take their offline account and turn it into an online mode for their convenience. Besides that, there is a minimum Margin amount that ranges between Rs 0 to Rs 3,00,000.
|Anvil Share & Stock Broking Demat Account Opening Fees|
|Check out the various fees charged for Opening a Demat Account with Anvil Share|
|Which is the Depository Participant involved?||CDSL & NSDL|
|What are the Demat account opening charges?||Zero|
|How much is the Demat AMC?||Rs.350 per Annum|
|What is the Trading AMC?||Free|
|What is the initial Margin amount required?||Rs.0 – Rs.300,000|
|Is dematerialization available?||Yes|
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Does Anvil Share provide any Offers to their Clients?
There are plenty of offers under Anvil Stock Broking Offers which include Free Trading Account offers, and Discount on Brokerage. There is also a Holiday offer provided by the broker. So there is an array of offers for the clients to choose from.
But there is much more that is not available to the customers which are Free Demat Account Offer, Happy Hours trading to the clients, Flexible Brokerage Plan, one-month Free Brokerage, any referral orders shared by the company, and Zero Brokerage for Loss-making Traders.
|Anvil Share & Stock Broking Offers|
|Here are the various offers provided by Anvil Share|
|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?||No|
|Zero Brokerage for Loss-Making Trades||No|
What are the Brokerage Charges levied by Anvil Share on various Segments?
The Anvil Stock Broking Brokerage Charges are very convenient for their clients and traders. Starting from Equity Delivery Charges which is 0.40 percent, we have Equity Intraday, Equity Futures, and Currency Futures is 0.04 percent. Commodity Trading is not applicable under this firm.
Equity Options and Currency Options are both charged Rs 75 per lot. AMC on Demat Account is Rs 350 per annum but there is no AMC on Trading Accounts and is free to use. The charge for brokerage usually ranges between Rs 0 to Rs 3,00,000
|Anvil Share & Stock Broking Brokerage Charges|
|Here you will find details of brokerage levied by Anvil Share & Stock Broking on all segments|
|What are the Equity Delivery Charges?||0.40%|
|What are the Equity Intraday Charges?||0.04%|
|How much brokerage charged for Commodity Trading?||NA|
|What is the brokerage on Equity Futures?||0.04%|
|How much brokerage charged for Equity Options?||Rs.75 per Lot|
|What is the brokerage on Currency Futures?||0.04%|
|What is the brokerage on Currency Options?||Rs.75 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?||Rs.0 – Rs.300,000|
Does Anvil Share levy any other charges apart from Brokerage?
Anvil Stock Broking Charges have some extra charges on those transaction charges of 0.00325 percent. There are also turnover charges of STT and SEBI of 0.0126 percent and 0.0002 percent respectively.
Also, we will have to keep in mind the GST that has been imposed on total brokerage and charges which is 18 percent. There is also a small stamp duty as per government guidance.
|Anvil Share & Stock Broking Charges|
|Get a deep understanding of all other charges levied by it|
|How much are the Transaction Charges levied?||0.00325%|
|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 Anvil Share?
If we look at the Anvil Stock Broking Exposure we will see an exposure of up to 2 times on Equity Delivery and Currency Options. There is exposure up to 7 times on Equity Intraday.
Exposure to Equity Futures, Currency Futures, and Commodity Trading is up to 3 times and the exposure to Equity Options is up to 5 times. Thus the Anvil Stock Broking Margin is pretty convenient.
|Anvil Share & Stock Broking Exposure or Leverage|
|Here you will find the exposure or limit provided|
|How much is the limit on Equity Delivery?||Upto 2X|
|What is the limit on Equity Intraday?||Upto 7X|
|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 3X|
|How much is the leverage on Currency Options?||Upto 2X|
|What is the limit on Commodity Trading?||Upto 3X|
How to Open Anvil Stock Broking Demat And Trading Account?
If you are planning to Open Anvil Stock Broking Demat Account, just follow the simple steps which have been mentioned below:
- Hit the green button that indicates “open Demat account” given below
- Read the instructions carefully
- Fill in the necessary information
- Get your KYC completed by providing your proper and valid address and identity proof along with relevant documents
- You will be contacted by an authorized person from the company, who will verify your documents. Once the person is satisfied with your documents, with their approval you will be able to use your account credentials.
There are absolutely no steps to Open Anvil Stock Broking Trading Account.
Open Demat Account Now – Fill up the Form Below
What are the various Trading Platforms provided by Anvil Share?
The Anvil Stock Broking Trading Platforms have been designed and developed by expert and genius professionals. They are super quick to make all the clients’ trades at a price they would like.
The company provides Anvil Stock Broking Mobile App, Anvil Stock Broking Trading Terminal and Anvil Stock Web-based platform.
Anvil Stock Broking Trading Terminal
Their trading platform is very well set up. There are so many web services for both mobile and desktop platforms, which clients can use on their mobile, laptop, and computer to get a better result. Some of the best features are listed below:
- A desktop platform for browsers, mac, and window is available
- There is no access to the mobile site platform but access to an Android/iOS app is up for grabs
Anvil Stock Broking Web Trading Platform
Their Web Trading platform is made available on various browser platforms except for the mobile site platform which is quite weak.
- All you need is an internet connection if you want to use these platforms
- Currently, the mobile OS platform, Windows App platform is not available
- Users of these platforms will receive Real-Time updates with a single click
Anvil Stock Broking Mobile Trading App
iOS or Android application is there for installation and usage on a hassle-freeway. The mobile provides easy performance to its users by easing their work
- Users will get Live markets data, Global Indices, and Portfolio Details instantly.
- Customers will receive via email services.
Several services are not offered by Anvil Stock.
|Anvil Share & Stock Broking Trading Platforms|
|Here you will find all the important trading platforms available with Anvil Share|
|Do they have Trading Terminals for Windows?||Yes|
|Do they have Trading Terminals for Mac?||Yes|
|Are they providing Web Trading Platforms?||Yes|
|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 Anvil Share Trading Applications?
There are several features that the clients get under the Anvil Stock Broking Trading App. As beginners you will be getting, Real-Time Updates, Portfolio Details, News Flash, Research Reports, Easy installation and usage, Global Indices, Stock Tips, Interactive Chartings, Live Markets Data, SMS & Email alerts.
Features that are not available under Anvil Stock Broking Trading Terminal and Anvil Stock Broking Web Trading Platform are Multi-Account Management solution, Personalised Advisory, and Online MF buy.
|Anvil Share & Stock Broking Trading Application Features|
|Here you will find various features available in Trading Platforms provided by Anvil Share|
|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?||Yes|
|Are these platforms Easy to Install & use?||Yes|
|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?||Yes|
|Do these Apps provide Live Markets data?||Yes|
|Do they provide SMS Alerts?||Yes|
|Are they providing Email Alerts?||Yes|
|Do these platforms have Multi-Account Management solution?||No|
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What are the various Products provided by Anvil Share?
For Anvil Stock Broking Products you get Equity Trading, Commodity Trading, Currency Trading products, Options, and Futures. They also have insurance as a product.
|Anvil Share & Stock Broking Products|
|Here are the various products provided by Anvil Share|
|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?||No|
|Does the broker allow Forex trading?||No|
|Does the broker have Banking products?||No|
|Is SIP allowed by the broker?||No|
|Do they have Insurance as a Product?||Yes|
What are the various Services offered by Anvil Share?
Anvil Stock Broking Services provides top-notch services to its trades such as Demat Services, Trading Services, Intraday Services, and IPO services to the clients.
There is also the availability of Stock Recommendations. The company also provides services in Trading with exposure up to 7 times.
|Anvil Share & Stock Broking Services|
|Check out the various services provided by Anvil Share & Stock Broking|
|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?||Yes|
|Are they providing tools for Robo Advisory?||No|
|Does the broker provide PMS?||No|
|Do they have Trading Institution available?||No|
|What is the Trading Exposure this broker provides?||Upto 7X|
Does Anvil Share provide Research & Advisory to their clients?
You will be glad to know that you get everything under ANvil Stock Broking Research, Anvil Stock Broking Advisory, and Anvil Stock Broking Tips.
Firstly, they provide Fundamental Reports, Research Reports, Company Reports to their clients, Annual Reports of the company, Company Stock Reviews, and Free Stock Tips to their clients, and analyze and share IPO reports.
The company even provide Top Picks, Daily Market Review, Monthly Reports, and Weekly Reports. The firm does have the provision of Offline Advisory and also provides relationship Managers to their clients.
|Anvil Share & Stock Broking Research, Advisory & Stock Tips|
|Here are the various research activities are done by Anvil Share & Stock Broking|
|Does the broker share Fundamental Reports?||Yes|
|Does the broker share Research Reports?||Yes|
|Do they provide Company Reports to their clients?||Yes|
|Are they analyzing the Annual Reports of Companies?||Yes|
|Do they share Company Stock Reviews?||Yes|
|Are they sharing Free Stock Tips with their clients?||Yes|
|Do they analyze & share IPO Reports?||Yes|
|Does the broking company provide Top Picks?||Yes|
|Are they sharing Daily Market Review?||Yes|
|Do they have Monthly Reports?||Yes|
|Does the broker provide Weekly Reports?||Yes|
|Are they having Offline Advisory?||Yes|
|Do they provide Relationship Managers to clients?||Yes|
What are the Customer Care details of Anvil Share?
The Anvil Stock Broking Customer Care is quite impressive. There are a total of 400 active branches all over the nation providing online and offline trading. However, the company does not provide Email Support. They are at your service 24*7.
|Anvil Share & Stock Broking Customer Support|
|Let’s have a better understanding of the Customer Care Service of Anvil Share & Stock Broking|
|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?||400|
Are there any Complaints filed against Anvil Share by their clients?
It is quite satisfactory to find zero Anvil Stock Broking Complaints with BSE. However, there has been one with the NSE which has been resolved in a short while.
This represents that the company works towards rectifying all their error and takes criticism well and turn them into positives for their benefit.
|Anvil Share & Stock Broking Complaints|
|Here you will know about the Complaints lodged against Anvil Share & Stock Broking|
|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?||1|
|How many of these complaints have been Resolved in NSE?||1|
What Are the Advantages/Benefits Of Anvil Stock Broking Trading Accounts?
There is no denying the fact that it is beneficial to have an Anvil Stock Broking Trading Account.
- The company offers not only trading account for free but also discount on brokerages and holiday offers are up for grabs
- This is hands down one of the best trading platforms that offer many benefits to its customers
- Their research and advisory offers are quite strong
What are the Anvil Share Review & Ratings as per their Customer?
The Anvil Stock Broking Rating and the Anvil Stock Broking Review by their customers and traders show that they are thoroughly satisfied with the offers and benefits they are getting from the company.
Their evaluation and marking have already set a bar for others in the market with an overall score of 2.3 out of 5. This in itself tells that the company has succeeded to keep its customer happy.
|Anvil Share & Stock Broking Ratings & Reviews|
|We are looking at Company’s Ratings on various parameters|
|Stock Market Research & Broking Advisory||2.2/5|
|Brokerage & other Charges like – Turnover, Transaction Charges, etc.||2.3/5|
|Types of Products & Services the Brand provides||2.5/5|
|Performance Mobile App, Trading Terminal & Web Trading Platform||2.3/5|
|Experience in the Broking Business||2.4/5|
|Total Avg. Rating of Broking House||2.3/5|
|Star Rating given to Stock Broker||★★★☆☆|
|Number of People Contributed to these Ratings||178|
Anvil Stock Broking Conclusion
Anvil Stock Broking is one of the reputed firms in the market standing tall for almost more than two decades now.
This Anvil Stock Broking Review indicates that the company has grown immensely over the years at a good pace by working on its products and services and thinking about improving them constantly.
They have always been backed by the experts on board who has provided nothing but satisfactory result to keep the company running smoothly.
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