Action Financial Services Brokerage Charges 2018, Review, Trading Platform.
Action Financial Services(India) Limited (AFSIL) is a Public Limited Company registered in the State of Maharashtra, Mumbai on 1st October 1992. An action is a non-fund based Company solely engaged in Capital Market related services.
MEMBER: BSE (Cash, F&O), NSE (Cash, F&O, Currency), MCX (Currency & Commodity), USE (Currency), BGSE, NSDL, AFSIL has a stable & established client base.
AFSIL was the 1st Broker to be registered with SEBI as Portfolio Manager in 1992, AFSIL is the 1st Broking Company to get listed in 1995 (BSE).
AFSIL is the 1st Broker to become Depository Participant with NSDL in 1997, AFSIL is the pioneers in introducing “Tele Depository Services” in 1999 (IVR) for Depository related information
|Broker Type.||Discount Broker.|
Action Financial Services Account Opening Fees.
Annual Maintenance Charges (AMC)
|Scheme.||Allowed Annual Turnover.||AMC.|
|Silver.||Up to Rs.50 Lacs.||Rs.500.|
|Gold.||Up to Rs.250 Lacs.||Rs.800.|
|Diamond.||Upto Rs.750 Lacs.||Rs.1000.|
Action Financial Services Brokerage Charges.
|Equity (Intraday).||1 Paisa per executed order.|
|Equity (Delivery).||1 Paisa per executed order.|
|Equity Futures.||1 Paisa per executed order.|
|Equity Options.||1 Paisa per executed order.|
|Currency Futures.||1 Paisa per executed order.|
|Currency Options.||1 Paisa per executed order.|
|Commodity.||1 Paisa per executed order.|
- Flat 1 paisa brokerage per Sauda (executed order) for Cash/Intraday/F&O/Currency etc for both Online & Offline trades. For Eg: Your brokerage would remain the same 1 paisa if you buy shares worth 1 lacs or 10 lacs through one executed order.
- AFSIL don’t charge any Advance or Prepaid Brokerage.
- AFSIL don’t charge any extra charges for trading Offline.
- You have to open a 2 in one account (DP & Trading a/c). & Scheme for both broking & DP has to be the same. For Eg: If you want to open a Diamond Trading a/c then you have to opt for Diamond DP Scheme.
- Call & Trade’ facility for Offline trades.
- Mobile Trading facility available free of cost.
- Daily Morning Report, Intra Day calls, positional calls & fundamental research available free of cost.
Action Financial Services Margins or Leverage.
|Equity (Intraday).||Up to 8 times for Intraday.|
|Equity (Delivery).||Up to 2 times for Delivery.|
|Equity Futures.||Up to 3 times for Intraday|
|Equity Options.||No Leverage.|
|Currency Futures.||Up to 2 times for Intraday.|
|Currency Options.||No Leverage.|
Action Financial Services Trading Platforms or Software.
|Trading Platform or Software.||NSE NOW.|
|Mobile Application.||NSE NOW.|
Action Financial Some Useful Services.
|Online Trade Reports.||YES.|
|Online PNL Reports.||YES.|
|Intraday Chart Facility.||5 Days.|
|End of Day Chart Facility.||5 Years.|
|3 in 1 Account.||NO.|
|Instant Fund withdrawal.||NO.|
Action Financial Useful Details.
|Price (Broker Type).||Flat 1 paisa per order.|
|Headquarters City (Head Office).||Mumbai(Maharashtra).|
|Total Branches (Presence).||1 Branches.|
|Research & Tips.||Yes, Research Provided.|
|Total Experience in Broking.||22 Years of experience.|
|Year of Incorporation.||1992.|
Client Info & NRI Account opining Regulations.
|Current Active Client Base?||No Info.|
|NRI Account Opening Allowed Or Not.||YES, It is Allowed.|
Fund Transfers Service.
|Number of bank linked to account.||2+|
|Mode of payment (Withdraw &Deposit).||Online, NEFT/RTGS, payment Gateway.|
|Fund Payin processing time.||Instant by Payment Gateway ATOM.|
|Fund Payout processed (Working Days).||1 Day.|
Turnover & Other Charges.
|Equity (Cash & Delivery).||NSE : 0.00325%.|
|Equity Options.||0.05% (on premium).|
|Currency Options.||0.042% (on premium).|
|Dial & Trade charges.||Rs.0.|
|DP Transaction charge.||Rs 7.5- 16 /per Debit Transaction.|
Support & Tools Available.
|Margin Calculator.||Not Available.|
|Bracket orders & Trailing stoploss.||YES.|
|User guide & remote end support.||YES.|
Reports & Confirmation.
|Contract notes on Email.||Yes (Register Email ID).|
|Contract notes online.||Yes (Register Email ID).|
|Periodical statement on Email.||Yes (Register Email ID).|
|Trade confirmation on Email.||Yes (Register Email ID).|
|Trade confirmation on SMS.||Yes (Register Email ID).|
|Charting (Intraday & EOD).||YES.|
|Coding or Backtesting (Algo Trading).||Not Available.|
|Referral program (Affiliate).||Not Available.|
|Training & Education.||Yes, Knowledge center.|
|Online trading community.||Knowledge center|
More Article on Stock Brokers:
|Contact Details.||Registered Office.|
31, Rajgir Chambers,
S. B. Road, Fort,
Mumbai – 400 001.
Customer Service: 022 43654242.
|Complaints Or Grievances.||email@example.com / firstname.lastname@example.org|
|NSDL SEBI REGISTRATION No.IN-DP-NSDL-21-97-DP ID IN300271.|
|NSE: INB230749237 (CM),NSE: INF230749237 (F&O),NSE: INE230749237 (CDS).|
|Stock Broker of BSE: INB010749233 (CM).|
Founded in 1992. Almost more than 22 years of experiences in the financial market. Very cheap brokerage as compared to any Indian stock broking company.