Globe Capital is a prevalent name in the stock industry that is known for its remarkable business schemes. The brokerage house offers a lot of products and services at a very minimal brokerage charge. They help the traders in trading profitably and support them in every way possible.
In this article, we have brought forth the Globe Capital Review containing all the answers to the questions that often arise in the mind of customers. We will discuss in detail the policies followed by the company.
Here you will find the brokerage fees, products, services, offers, account opening charges, exposure, trading platforms, customer care details, advantages, and ratings of the broker house.
|Globe Capital Highlights|
|Broker Type||Full Service Broker|
|Demat Account AMC||Rs 399+18%GST|
|Margin Required||75% Margin|
What do you know about Globe Capital?
This segment of the Globe Capital Review will help you to understand the profile of the broker house. It is a public company having its headquarter in New Delhi, Delhi. Globe Capital commenced its journey as a full-service brokerage house in 1985.
Mr. Ashok Kumar Agarwal is the founder of this broker house, and he has been leading it with his expertise. The company provides unparallel support to its clients and provides them with various types of services and facilities.
|About Globe Capital|
|Know few details about Globe 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?||New Delhi, Delhi|
|Who is the Founder of this Company?||Ashok Kumar Agarwal|
|When did the company started?||1985|
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What are the various Demat Account Opening Charges levied by Globe Capital?
The Globe Capital Demat Account is very popular amongst the traders due to its top-class services and advantages. The company is a Depository Participant of CDSL and NSDL and levies decent charges on its accounts.
Rs. 0 is charged as the Globe Capital Account Opening charge. The AMC for the DEMAT account is Rs 399+18%GST and the trading account is free from any maintenance charge. A client can maintain any amount between 0 and 75% Margin as the initial margin with Globe Capital. There is also the privilege of dematerialization for the clients.
|Globe Capital Demat Account Opening Fees|
|Check out the various fees charged for Opening a Demat Account with Globe Capital|
|Which is the Depository Participant involved?||CDSL & NSDL|
|What are the Demat account opening charges?||Rs 0 (Free)|
|How much is the Demat AMC?||Rs 399+18%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 Globe Capital provide any Offers to their Clients?
Offers are specially meant for grabbing the interest of the traders, but Globe Capital does not believe in this policy. This is because the broker house levies very less brokerage on its products and services, and that is nothing less than a brilliant offer.
Therefore it can be concluded that the Globe Capital Offers list is empty.
|Globe Capital Offers|
|Here are the various offers provided by Globe Capital|
|Does the broker provide Free Demat A/C offer?||No|
|Does the broker provide Free Trading A/C offer?||No|
|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 Globe Capital on various Segments?
Here we will learn about all the Globe Capital Brokerage Charges in details. The broker house levies minimal brokerage on various segments that help the traders in trading as much as they want. The charges for equity delivery are 0.2%, and that for equity intraday is as low as 0.02%.
Globe Capital allows the traders to trade commodity for 0.01% of cost. A very less amount of charge is levied on equity futures, and that is 0.02%. For equity options, the charge for a lot is Rs. 50 and for currency futures, it is 0.02%.
The brokerage on currency options is only Rs. 50 for a single lot. Globe Capital deducts a very small percentage of every transaction as their brokerage fees.
|Globe Capital Brokerage Charges|
|Here you will find details of brokerage levied by Globe Capital on all segments|
|What are the Equity Delivery Charges?||0.20%|
|What are the Equity Intraday Charges?||0.02%|
|How much brokerage charged for Commodity Trading?||0.01%|
|What is the brokerage on Equity Futures?||0.02%|
|How much brokerage charged for Equity Options?||Rs 50 per lot|
|What is the brokerage on Currency Futures?||0.02%|
|What is the brokerage on Currency Options?||Rs 50 per lot|
|How much is the Minimum Brokerage requires?||Percentage of Transaction|
|What is the Demat AMC?||Rs 399+18%GST|
|How much is the Trading AMC?||Rs 0 (Free)|
|What is the Minimum Margin Required?||75% Margin|
Does Globe Capital levy any other charges apart from Brokerage?
Yes, there is a small percentage of charges that are levied by the company besides brokerage. Globe Capital Charges only 0.00335% of the total turnover for a transaction. The STT charge levied by the broker house is 0.0126% of the total turnover.
Only 0.00005% is charged as the SEBI turnover. Globe Capital charges a very small amount as the stamp duty which varies from state to state. 18% of GST is charged from the clients on brokerage and transaction charges put together.
|Globe Capital Charges|
|Get deep understanding of all other charges levied by Globe Capital|
|How much is the Transaction Charges levied?||0.00335% 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 Globe Capital?
Globe Capital Exposure is quite higher than many other broker houses in the stock industry. They offer a leverage of up to 5 times on equity intraday, which is very hard to find with other companies. The limit on equity delivery is up to 1 times.
Exposure of up to 1 times is also offered on equity futures by Globe Capital. The limit on equity options is quite high, that is up to 1 times. Globe Capital Margin on currency futures in up to 1 times and that for currency options is up to 1 times. Clients get the leverage of trading their commodity up to 1 times with the broker house.
|Globe Capital Exposure or Leverage|
|Here you will find the exposure or limit provided by Globe Capital|
|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|
Open Demat Account Now – Fill up the Form Below
How to Open Globe Capital Demat & Trading Account?
If you want to Open Globe Capital Demat Account and trading account, then you will have to follow some very simple and easy steps.
The whole process is online, and therefore, there is no need to visit a branch of the broker house. You can get it done effortlessly from your Smartphone or laptop just with the help of a steady internet connection.
The steps for opening a DEMAT account with the broker house are mentioned below:
- Scroll the page down, and you will find a button just below this article, click on it
- You will be redirected to a new webpage as soon as you click on the button
- This page will guide you in opening the DEMAT account
- You will find a blank form which you will have to fill up completely
- After you finish filling up the form submit it
- Then you will be asked to upload your documents for KYC verification
- Your important documents like AADHAAR card, PAN card, Voter ID card, address proof, age proof, bank account statement, etc. will be required here
- All the original documents should be scanned and uploaded in the page
- After your KYC verification process is completed you will be contacted by the executives of Globe Capital
- They will guide you through the rest of the procedure, and after that, your DEMAT account will be activated
If you want to Open Globe Capital Trading Account then follow all the above steps without any error.
What are the various Trading Platforms provided by Globe Capital?
The company maintains three types of trading platforms, and all of them are highly advanced. Globe Capital Trading Platforms include trading terminals, web-based platforms, and mobile app. All of these are loaded with useful features, yet they ditch complexity in every possible way. We shall discuss these trading platforms in brief below:
Globe Capital trading Terminal
Globe Capital Trading Terminal is meant for both Mac and Windows systems. They are very easy to operate, and anyone can use them from their personal computers
Globe Capital Web-Based Trading Platform
The broker house maintains a web-based platform that can be operated from computers and mobile phones. All the popular browsers like Internet Explorer, Google Chrome, etc. can give access to the web-based trading platform of Globe Capital
Globe Capital Mobile App
Globe Capital Mobile App runs on both the platforms of Android and iOS. The app is straightforward to install in any Smartphone and offers seamless services to the traders
|Globe Capital Trading Platforms|
|Here you will find all the important trading platforms available with Globe Capital|
|Do they have Trading Terminals for Windows?||Yes|
|Do they have Trading Terminals for Mac?||Yes|
|Are they providing Web Trading Platform?||Yes|
|Do they have Mobile Web Platform?||Yes|
|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 Globe Capital Trading Applications?
All the critical features exhibited by the trading platforms of Globe Capital shall be discussed here:
Globe Capital Trading Terminal Features
- It has the facility of providing instant updates
- Traders can buy mutual funds through the Globe Capital Trading Terminal
- There is a news flash option in this terminal
- It can be easily installed into the desktop and laptop
- Interactive chartings can be viewed
- Clients can opt for SMS alerts through it
Globe Capital Web-Based Platform Features
- Clients can see the current updates of the stock market through this platform
- Globe Capital Web Trading Platform has an option for a news flash
- User-friendliness is a key feature of this platform
- It can help the clients with SMS alerts
- Globe Capital also provides interactive chartings through this web trading platform
Globe Capital Trading App
- Clients can view their portfolio through the Globe Capital Trading App
- These apps are capable of providing a news flash and real-time updates
- There is provision for global indices in the app
- Traders can view all the essential data live from the market
- The mobile app of Global Capital is also capable of providing SMS alerts to the clients
|Globe Capital 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?||Yes|
|Do these platforms have News Flash?||Yes|
|Are these platforms providing Research Reports?||No|
|Are these platforms Easy to Install & use?||Yes|
|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?||Yes|
|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 Globe Capital?
The broker house provides all types of products for trading. The company researches thoroughly on the market and then suggests the traders which product shall be the best for them.
Globe Capital Products include equity, commodity, currency, options, and futures. The broker house helps its clients in investing in mutual funds. They also allow SIP to their clients. Traders get to buy insurances through Globe Capital.
|Globe Capital 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 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?||Yes|
|Do they have Insurance as a Product?||Yes|
What are the various Services offered by Globe Capital?
Globe Capital has in store some of the best services for their clients that can help them in trading. The broker house provides services of DEMAT and trading accounts. Also, clients can get the facility of intraday services.
IPO services are also included in the list of Globe Capital Services. The company offers valuable recommendations on stocks to the traders that can help them earn a good return. Globe Capital also provides Portfolio Management services. A very high trading exposure of up to 5 times is allowed to the traders.
|Globe Capital Services|
|Check out the various services provided by it|
|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?||Yes|
|Do they have Trading Institution available?||No|
|What is the Trading Exposure this broker provides?||Upto 5x|
Does Globe Capital provide Research & Advisory to their clients?
Globe Capital Research services are quite helpful for the clients, and the experts of the broking business provide them. Free Globe Capital Tips are available on stocks. The broker house provides top picks along with a daily market review. Clients get the help from Relationship Manager. Globe Capital Advisory can also be fetched offline.
|Globe Capital Research, Advisory & Stock Tips|
|Here are the various research activities done by it|
|Does the broker shares Fundamental Reports?||No|
|Does the broker shares Research Reports?||No|
|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?||Yes|
|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 Globe Capital?
Globe Capital Customer Care is available round the clock to address any query of their clients. They provide dedicated dealers to the traders, and trading with the company can be conducted both online and offline. Globe Capital maintains 55 branches across the country that offers superb services to the clients.
|Globe Capital Customer Support|
|Let’s have a better understanding of Customer Care Service|
|Are they providing Dedicated Dealer to their clients?||Yes|
|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?||55|
Are there any Complaints filed against Globe Capital by their clients?
There are 34 Globe Capital Complaints lodged in BSE and 49 in NSE. The broker house has however resolved all of those complaints filed against them by taking useful steps.
|Globe Capital Complaints|
|Here you will know about the Complaints lodged against it|
|What is the total number of Complaints Lodged in BSE?||34|
|How many of these complaints have been Resolved in BSE?||34|
|What is the total number of Complaints Lodged in NSE?||49|
|How many of these complaints have been Resolved in NSE?||49|
What are the Advantages / Benefits of Globe Capital Trading Account?
The Globe Capital Trading Account has many advantages, and that is why its popularity is increasing with every passing day. Those advantages can be summed up as below:
- The brokerage charge applied by the broker house is less in comparison to many others
- Clients get a very high exposure on trading with the company, and that is up to 5 times
- Globe Capital provides a series of useful products and services to the clients
- The trading platforms maintained by the company has valuable features like interactive chartings, SMS alert, etc
- 24 hours of customer support is available for the traders
- Leverage offered by the broker house on trading various products is very high
- Clients can buy mutual funds online through their trading platform
What are the Globe Capital Review & Ratings as per their Customer?
Globe Capital Ratings from the customers are entirely satisfactory. Their research and broking advisory scheme has received 6.5 out of 10 points. The charges levied by the company have fetched 6.8 points.
Clients have given 6.5 points to the products and services offered to them. All the trading platforms together have received 6.6 points, and the experience of Globe Capital in broking has got 6.4 points.
All the customers have given an average rating of 6.6 points and three stars. While framing this Globe Capital Review, we have taken the help of 132 people who have also contributed to these ratings.
|Globe Capital Ratings & Reviews|
|We are looking at Companies Ratings on various parameters|
|Stock Market Research & Broking Advisory||6.5/10|
|Brokerage & other Charges like – Turnover, Transaction Charges etc.||6.8/10|
|Types of Products & Services the Brand provides||6.5/10|
|Performance Mobile App, Trading Terminal & Web Trading Platform||6.6/10|
|Experience in the Broking Business||6.4/10|
|Total Avg. Rating of Broking House||6.6/10|
|Star Rating of given to Stock Broker||★★★☆☆|
|Number of People Contributed to these Ratings||132|
Globe Capital Conclusion
Globe Capital is a very well-reputed broker house that has shown excellence since its inception. Clients are provided with various facilities that many other companies fail to deliver. We hope this Globe Capital Review has helped you in understanding their policies better.
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