Stewart & Mackertich WMS Review, Special Offers, Demat, Trading A/C and Brokerage

Established in the year 1993, Stewart & Mackertich WMS has been a pinnacle in the stockbroking industry for more than 26 years in operations.

It is a publicly held company that is specialized in delivering full-service stock trading services. The headquarter is located in the city of joy, Kolkata; and the company was founded by the dynamic duo Mr. Rahul Kayan and Ashiwini Kumar Tripathi.

When it comes to services, they offer trading exposure up to 5x. The brokerage fee is decent and at par to the industry – 0.04% for Intraday Brokerage and 0.36% for Delivery Brokerage.

The minimum margin value is ₹5,100, and they also charge ₹250 as the AMC of the Demat accounts.

Stewart & Mackertich WMS Highlights
Broker TypeFull Service Broker
Demat Account AMCRs.250 per Annum
Margin RequiredMinimum Rs.5,100
Intraday Brokerage0.04%
Delivery Brokerage0.36%
ExposureUpto 5X

Stewart & Mackertich WMS offers


What do you know about Stewart & Mackertich WMS?

About Stewart & Mackertich WMS 
Know few details about Stewart & Mackertich WMS 
Which type of Company is it? – Public / PrivatePublic
Which type of Broker is it? – Full Service / DiscountFull Service Broker
Where is the registered office of Company Located?Kolkata, WB
Who is the Founder of this Company?Rahul Kayan, Ashiwini Kumar Tripathi
When did the company started?1993

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What are the various Demat Account Opening Charges levied by Stewart & Mackertich WMS?

Stewart & Mackertich WMS Demat Account Opening Fees
Check out the various fees charged for Opening a Demat Account with Stewart & Mackertich 
Which is the Depository Participant involved?CDSL & NSDL
What are the Demat account opening charges?Rs.250
How much is the Demat AMC?Rs.250 per Annum
What is the Trading AMC?Free
What is the initial Margin amount required?Minimum Rs.5,100
Is dematerialization available?Yes

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Does Stewart & Mackertich WMS provide any Offers to their Clients?

Stewart & Mackertich WMS Offers
Here are the various offers provided by Stewart & Mackertich
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?Yes
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?Yes
Zero Brokerage for Loss Making TradesNo

What are the Brokerage Charges levied by Stewart & Mackertich WMS on various Segments?

Stewart & Mackertich WMS Brokerage Charges 
Here you will find details of brokerage levied by Stewart & Mackertich  on all segments
What are the Equity Delivery Charges?0.36%
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.36 per Lot
What is the brokerage on Currency Futures?0.04%
What is the brokerage on Currency Options?Rs.36 per Lot
How much is the Minimum Brokerage requires?Percentage of Transaction
What is the Demat AMC?Rs.250 per Annum
How much is the Trading AMC?Free
What is the Minimum Margin Required?Minimum Rs.5,100

Does Stewart & Mackertich WMS levy any other charges apart from Brokerage?

Stewart & Mackertich WMS Charges
Get deep understanding of all other charges levied by Stewart & Mackertich 
How much is the Transaction Charges levied?0.00299%
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 are the GST charged?18% of (Brokerage + Transaction Charges)

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What is the Limit or Exposure offered by Stewart & Mackertich WMS?

Stewart & Mackertich WMS Exposure or Leverage
Here you will find the exposure or limit provided by Stewart & Mackertich
How much is the limit on Equity Delivery?Upto 2X
What is the limit on Equity Intraday?Upto 5X
How much is the limit on Equity Futures?Upto 3X
What is the limit on Equity Options?Upto 6X
What is the exposure on Currency Futures?Upto 1X
How much is the leverage on Currency Options?Upto 3X
What is the limit on Commodity Trading?Upto 2X

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What are the various Trading Platforms provided by Stewart & Mackertich WMS?

Stewart & Mackertich WMS Trading Platforms
Here you will find all the important trading platforms available with Stewart & Mackertich
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 Stewart & Mackertich WMS Trading Applications?

Stewart & Mackertich WMS Trading Application Features
Here you will find various features available in Trading Platforms provided by Stewart & Mackertich
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?Yes
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?No
Do these Apps provide Live Markets data?Yes
Do they provide SMS Alerts?Yes
Are they providing Email Alerts?Yes
Do these platforms has Multi Account Management solution?No

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What are the various Products provided by Stewart & Mackertich WMS?

Stewart & Mackertich WMS Products
Here are the various products provided by Stewart & Mackertich
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 Stewart & Mackertich WMS?

Stewart & Mackertich WMS Services
Check out the various services provided by Stewart & Mackertich
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 Stewart & Mackertich WMS provide Research & Advisory to their clients?

Stewart & Mackertich WMS Research, Advisory & Stock Tips
Here are the various research activities done by Stewart & Mackertich
Does the broker shares Fundamental Reports?No
Does the broker shares Research Reports?Yes
Do they provide Company Reports to their clients?Yes
Are they analysing Annual Reports of Companies?Yes
Do they share Company Stock Review?Yes
Are they sharing Free Stock Tips to their clients?Yes
Do they analyze & share IPO Reports?Yes
Does the broking company provide Top Picks?No
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 Manager to clients?Yes

What are the Customer Care details of Stewart & Mackertich WMS?

Stewart & Mackertich WMS 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?380

Are there any Complaints filed against Stewart & Mackertich WMS by their clients?

Stewart & Mackertich WMS Complaints
Here you will know about the Complaints lodged against them
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 Stewart & Mackertich WMS Review & Ratings as per their Customer?

Stewart & Mackertich WMS Ratings & Reviews
We are looking at Companies Ratings on various parameters
Stock Market Research & Broking Advisory2.6/5
Brokerage & other Charges like – Turnover, Transaction Charges etc.2.9/5
Types of Products & Services the Brand provides2.4/5
Performance Mobile App, Trading Terminal & Web Trading Platform2.5/5
Experience in the Broking Business2.9/5
Total Avg. Rating of Broking House2.6/5
Star Rating of given to Stock Broker★★★☆☆
Number of People Contributed to these Ratings113

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