ASE Capital Markets is a two-decade-old stock brokerage firm which has been providing investment solutions to the clients of Gujrat and in the nearby areas.
The article below is an ASE Capital Markets Review which will guide you about the different aspects of the firm.
About its offering, products range, services it provides and many other details that you would like to know about the firm before you start investing with it.
|ASE Capital Markets Highlights|
|Broker Type||Full Service Broker|
|Demat Account AMC||Rs 399 with GST|
|Margin Required||75% Margin|
What do you know about ASE Capital Markets?
ASE Capital Markets is a traditional brokerage house which was started in the year 2000 and since then it is servicing the investors of Ahmedabad in Gujrat and also in other parts of the state and other parts of the country as well.
Though it is mainly a local stockbroker with presence in the city and state of Gujrat it has carved a name for itself with its range of products and various other benefits that it offers to the clients.
The firm is a public organization and founded by Ahmedabad Stock Exchange only and not by any individual which is one of the unique aspects of the firm. So, it comes directly under the stock exchange of Ahmedabad which depicts the kind of reliability and faith its traders can have on it.
|About ASE Capital Markets|
|Know few details about ASE Capital|
|Which type of Company is it? – Public / Private||Public|
|Which type of Broker is it? – Full Service / Discount||Full Service Broker|
|Where is the registered office of Company Located?||Ahmedabad, Gujrat|
|Who is the Founder of this Company?||Ahmedabad Stock Exchange|
|When did the company started?||2000|
Open Demat Account Now – Fill up the Form Below
What are the various Demat Account Opening Charges levied by ASE Capital Markets?
ASE Capital Markets Demat Account is registered to both the depositories of the country that are CDSL and NSDL. The charges for opening the Demat and trading account is Rs. 150 which is quite nominal and compared to others in the industry it is on the lower end only.
The maintenance of the accounts after ASE Capital Markets Account Opening is also minimal like you can see in the table above but it charges maintenance for the trading account as well, that is an additional burden on the clients.
Most of the brokerage houses do not charge any kind of maintenance on the trading account and thus with this firm it is an extra cost that you have to bear.
However, the good news for the investors/traders is that they can just keep 75% Margin and trade as that is the minimum margin requirement. The minimum margin requirement is quite low than the average in the industry as well which is a boon for the traders.
|ASE Capital Markets Demat Account Opening Fees|
|Check out the various fees charged for Opening a Demat Account with ASE Capital|
|Which is the Depository Participant involved?||CDSL & NSDL|
|What are the Demat account opening charges?||Rs 150|
|How much is the Demat AMC?||Rs 399 with GST|
|What is the Trading AMC?||Rs 0 (Free)|
|What is the initial Margin amount required?||75% Margin|
|Is dematerialization available?||Yes|
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Does ASE Capital Markets provide any Offers to their Clients?
ASE Capital Markets Offers are very few and the firm is not that much into the habit of providing seasonal or occasional offer. However, it has one offer for all the traders and the clients it has and that is free trading account opening.
There is no charge you have to pay for the trading account separately and it is opened along with the Demat account. However, to retail client and attract new clients, the firm needs to provide other offers too as the peers in the industry are providing a lot of offers.
|ASE Capital Markets Offers|
|Here are the various offers provided by ASE Capital|
|Does the broker provide Free Demat A/C offer?||No|
|Does the broker provide Free Trading A/C offer?||Yes|
|Is this broker offers Discount on Brokerage?||No|
|Does the broker offer Happy hour trading to their clients?||No|
|Is the broking house provides flexible brokerage plan?||No|
|Does the broker offer 1 month Free brokerage?||No|
|Is the Holiday offers provided by the broker?||No|
|Are there any referral offers shared by the broker?||No|
|Zero Brokerage for Loss Making Trades||No|
What are the Brokerage Charges levied by ASE Capital Markets on various Segments?
The range of ASE Capital Markets Brokerage Charges is quite wide and that helps different traders with different investment budget. As you can see in the above table the range is 0.02% for the most of the segments like currency, commodity, futures and for the delivery segment it is 0.30% which is also an incredible range.
Now the catch here is that the rate you will be paying as a brokerage for the trades you do is dependent on the amount of margin amount present in your trading account. So, the higher the margin, lower the brokerage.
However, given this margin related fact, you can lower your brokerage by paying the highest possible margin and that will make your investments more fruitful as the returns will be higher.
To everyone’s surprise, the firm from Gujrat has also been providing a flexible brokerage plan for the options category as well which is not that obvious thing we see in the market. Here you can trade options for Rs. 20 as well provided your margin is high.
|ASE Capital Markets Brokerage Charges|
|Here you will find details of brokerage levied by ASE Capital on all segments|
|What are the Equity Delivery Charges?||0.30%|
|What are the Equity Intraday Charges?||0.02%|
|How much brokerage charged for Commodity Trading?||0.02% / Rs 20 per lot|
|What is the brokerage on Equity Futures?||0.02%|
|How much brokerage charged for Equity Options?||Rs 72 per lot|
|What is the brokerage on Currency Futures?||0.02%|
|What is the brokerage on Currency Options?||Rs 72 per lot|
|How much is the Minimum Brokerage requires?||Percentage of Transaction|
|What is the Demat AMC?||Rs 399 with GST|
|How much is the Trading AMC?||Rs 0 (Free)|
|What is the Minimum Margin Required?||75% Margin|
Does ASE Capital Markets levy any other charges apart from Brokerage?
ASE Capital Markets Charges apart from the brokerage charges above are nothing but the mandatory charges that are fixed by the SEBI and the government.
These charges you have to pay and they are not variable except for the transaction charges which is quite lower in this firm as per the market average.
|ASE Capital Markets Charges|
|Get deep understanding of all other charges levied by ASE Capital|
|How much is the Transaction Charges levied?||0.00295% of Total Turnover|
|What are the STT charges?||Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
|What are the SEBI Turnover charges?||0.00005% (Rs.5/Crore)|
|How much is the Stamp Duty levied?||(On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX)|
|How are the GST charged?||18% on (Brokerage + Transaction Charge + SEBI Fee)|
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What is the Limit or Exposure offered by ASE Capital Markets?
ASE Capital Markets Margin requirement is low as we have seen in the above section and against that ASE Capital Markets Exposure provided to the trades is more or less justifiable given the stature of the firm.
The highest exposure is provided in the intraday segment without a doubt which is 5 times and this you can see as the industry average for the firms of this stature.
|ASE Capital Markets Exposure or Leverage|
|Here you will find the exposure or limit provided|
|How much is the limit on Equity Delivery?||1x|
|What is the limit on Equity Intraday?||Upto 5x|
|How much is the limit on Equity Futures?||1x|
|What is the limit on Equity Options?||1x|
|What is the exposure on Currency Futures?||1x|
|How much is the leverage on Currency Options?||1x|
|What is the limit on Commodity Trading?||1x|
How To Open ASE Capital Markets Demat & Trading Account?
The process to Open ASE Capital Markets Trading Account and a Demat account is simple and you can apply from this article itself. Here are the steps to do so –
- Here you will see a button that says “Open Demat Account”. Click on this button & it will pop-up a form for application for the Demat and trading account with ASE Capital Markets, click on that button.
- Once you see the form, duly fill the form and submit it with the correct details.
- Then you have to upload the documents which are required to be verified against the details provided and also for verifying your background.
- Once the documents are uploaded, the ASE Capital Markets associates will call you and then they will verify the details.
- Once the verification process is over you will get your login details in the mail id you have registered with the firm.
- Then you can start your trading journey.
To open ASE Capital Markets Demat Account you do not have to find anything else as you can just click on the link – button and apply.
Open Demat Account Now – Fill up the Form Below
What are the various Trading Platforms provided by ASE Capital Markets?
There are two types of ASE Capital Markets Trading Platforms which are ASE Capital Markets Mobile App, ASE Capital Markets Trading Terminal.
The firm is yet to come up with the web trading platform. Both the available platform are loaded with features for trading of your choice and they provide rick experience of trading with the resources they have in them.
ASE Capital Markets Trading Terminal
The ASE Capital Markets trading terminal is the desktop-based trading platform which has to be downloaded and installed on the desktop before using the same. It has abundance of technical and risks analysis tools for making your trade full-proof.
ASE Capital Markets Mobile Trading App
The ASE Capital Markets Mobile Trading application brings a world of new features on the mobile itself which you can use to trade whenever and from anywhere possible.
ASE Capital Markets Web Trading Platform
They don’t have a web trading platform yet.
We will discuss both the application in details in the next section of this article.
|ASE Capital Markets 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?||Yes|
|Are they providing Web Trading Platform?||No|
|Do they have Mobile Web Platform?||No|
|Does this broker provide Mobile Trading App for Android?||No|
|Does this broker provide Mobile Trading App for iOS?||No|
|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 ASE Capital Markets Trading Applications?
Here are the list of features provided by these trading platforms.
ASE Capital Markets Trading App Features
- The mobile app offered by ASE Capital Markets is having various technical indicators and charts for the technical analysis process which you can do on the mobile itself before you click the buy or sell button
- You get a high performing mobile application whose interface is smoother than many other trading applications available in the market and you can trade within seconds using this app and that too with a few clicks only.
- There are various news updates and live market data available to keep you updated about the market and its sentiment which is crucial to know while trading.
- There are alerts and notifications options which you can turn on to keep yourself updated about the price movements
- Tracking your portfolio is easy with this application at any point in time
ASE Capital Markets Trading Terminal Features
- This is the desktop trading terminal which is appropriate for any trader but mainly suits the heavy trading activities of the regular bulk traders.
- There are innumerable indicators and charts that you can analyse in the real-time
- All your research and analysis tools are present on the platform for hardcore research before many any investment.
- There are live market updates, you can have all your portfolios tracked in the real time
- The market watch list are fully customizable and you can add and remove any scrip as your requirement
|ASE Capital Markets 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|
|Are this software’s providing Online MF Buy?||No|
|Do these platforms have News Flash?||No|
|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?||No|
|Do this software’s provide Personalized Advisory?||No|
|Are these platforms capable of Interactive Chartings?||Yes|
|Do these Apps provide Live Markets data?||Yes|
|Do they provide SMS Alerts?||No|
|Are they providing Email Alerts?||No|
|Do these platforms has Multi Account Management solution?||No|
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What are the various Products provided by ASE Capital Markets?
The ASE Capital Markets Products list as given above you can check includes all the basic trading products that are traded by the traders on a daily basis. There are equities, currencies, derivatives – futures, and options.
You can trade any of these or all the products with one single Demat account. There is no restriction on trading any kind of products and there is not only these products which are available for trading but you can buy mutual fund units as well with ASE Capital Markets.
There are various investment options under mutual funds which you can avail as well if you are not sure about investing directly into the stock market.
|ASE Capital Markets Products|
|Here are the various products provided by ASE Capital|
|Does the broker allow Equity Trading?||Yes|
|Does the broker allow Commodity Trading?||No|
|Do they have Currency Trading product available?||Yes|
|Do they provide Options trading?||Yes|
|Are the clients allowed to trade in Futures?||Yes|
|Do they have Mutual Funds as product?||Yes|
|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?||No|
What are the various Services offered by ASE Capital Markets?
ASE Capital Markets Services range from the fundamental services to the stock recommendations services as well. The spectrum of the services is quite broad and you can avail all the services when you open the Demat account with the firm – ASE Capital Markets.
They also provide you enough resources and the platform to invest in the upcoming IPOs and provides all the details about the IPO and the company beforehand.
|ASE Capital Markets Services|
|Check out the various services provided by ASE Capital|
|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 5x|
Does ASE Capital Markets provide Research & Advisory to their clients?
There is a strong team working in ASE Capital Markets Research department who are prudent enough to find out the new opportunities in the market for the clients of the firm and the ASE Capital Markets Advisory team is always there to assist the clients and provide any kind of investment advises whenever they require.
The ASE Capital Markets Tips provided by the research team is most of the time perfect and not only this, the research team shares research reports with the clients on the trading terminals.
They also provide top picks for the day daily so that the traders especially the intraday traders can be benefitted. The advisory team is always there for offline advisory services. They also provide you with Relationship Manager Services if you require the same.
|ASE Capital Markets Research, Advisory & Stock Tips|
|Here are the various research activities done by ASE Capital Markets|
|Does the broker shares Fundamental Reports?||No|
|Does the broker shares Research Reports?||Yes|
|Do they provide Company Reports to their clients?||No|
|Are they analysing Annual Reports of Companies?||No|
|Do they share Company Stock Review?||No|
|Are they sharing Free Stock Tips to their clients?||Yes|
|Do they analyze & share IPO Reports?||No|
|Does the broking company provide Top Picks?||Yes|
|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 Manager to clients?||Yes|
What are the Customer Care details of ASE Capital Markets?
ASE Capital Markets Customer Care is available for solving any trading and market-related query of yours. They are there to assist you with offline trading as well.
If you face any difficulty with the trading platform, products, and services and not satisfied with the services, you can raise the issue and those will be solved by the, within specific time limit. There are ASE Capital Markets branches as well where you can visit in order to raise complaints, queries and even for suggestions.
|ASE Capital Markets Customer Support|
|Let’s have a better understanding of Customer Care Service of ASE Capital|
|Are they providing Dedicated Dealer to their clients?||Yes|
|Do they allow Offline Trading?||Yes|
|Do they have facilities for Online Trading?||No|
|Are they providing 24*7 Support?||No|
|Does this broker provide Email Support?||No|
|Is this broker having Chat Support?||No|
|How many Branches the stock broker has?||10|
Are there any Complaints filed against ASE Capital Markets by their clients?
In the last year 2018, the number of ASE Capital Markets Complaints received in both the exchanges were next to nil as you can see in the above table.
There were only 1 on BSE and 2 complaints on the NSE. All 3 complaints were resolved as well in the same year itself. The efficiency of the firm can be depicted by these given numbers.
|ASE Capital Markets Complaints|
|Here you will know about the Complaints lodged against ASE Capital|
|What is the total number of Complaints Lodged in BSE?||1|
|How many of these complaints have been Resolved in BSE?||1|
|What is the total number of Complaints Lodged in NSE?||2|
|How many of these complaints have been Resolved in NSE?||2|
What Are The Advantages / Benefits Of ASE Capital Markets Trading Account?
Trading with ASE Capital Markets Trading Account has numerous advantages and some of the most important ones are –
- You get Demat and trading account at a minimal cost. Their maintenance charges are also reasonable.
- There are quite a good variety of investment products to trade and create your portfolio with
- There are research and analysis services available
- Trading platforms are advanced and have various features for smooth and rich trading experience
- The brokerage charges have a wide bracket and you can decrease the cost of trading by reducing the brokerage amount by keeping more margin in the trading account
What are the ASE Capital Markets Review & Ratings as per their Customer?
The ASE Capital Markets Rating suggests that the firm has an average repute and the customer’s ASE Capital Markets Review suggest that it needs improvement especially in regards to the products and services. Compared to other stockbrokers in the industry, the ratings are low and below average.
|ASE Capital Markets Ratings & Reviews|
|We are looking at Companies Ratings on various parameters|
|Stock Market Research & Broking Advisory||5.5/10|
|Brokerage & other Charges like – Turnover, Transaction Charges etc.||5.6/10|
|Types of Products & Services the Brand provides||5.3/10|
|Performance Mobile App, Trading Terminal & Web Trading Platform||5.5/10|
|Experience in the Broking Business||5.6/10|
|Total Avg. Rating of Broking House||5.4/10|
|Star Rating of given to Stock Broker||★★★☆☆|
|Number of People Contributed to these Ratings||156|
ASE Capital Markets Conclusion
ASE Capital Markets is providing great brokerage plans and products and as per the ASE Capital Markets Review above, you can understand that the firm needs improvement in certain aspects.
Open Demat Account Now – Fill up the Form Below