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Karvy vs JM Financial – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Karvy vs JM Financial. Karvy is the only banking broker known to offer great deals to its clients like happy hour trading, free demat account & more while JM Financial is one banking broker which is totally against any kind of marketing gimmick. This comparison between Karvy & JM Financial is a neck to neck affair.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for all the stock broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

Karvy vs JM Financial

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Stock Brokers


This Karvy & JM Financial comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare JM FinancialKarvy

Overview of Karvy & JM Financial

OverviewKarvyJM Financial
Company TypePrivatePublic
Broker TypeFull Service BrokerFull Service Broker
HeadquartersHyderabad, IndiaMumbai, Maharashtra
FounderC ParthasarathyNimesh Kampani
Established Year19831986

Karvy vs JM Financial Customer Ratings Comparison

Customer RatingsKarvyJM Financial
Experience6.0/106.2/10
Products & Services6.5/106.4/10
Brokerage Charges & Fees7.0/106.2/10
Stock Research & Advisory6.7/106.6/10
Trading Platforms6.5/105.8/10
Overall Ratings6.5/106.4/10
Star Ratings★★★☆☆★★★☆☆
Total Client Reviews1265329

Karvy vs JM Financial Demat Account Comparison

Demat ServicesKarvyJM Financial
Depository SourceCDSLCDSL
Account Opening ChargesFreeRs.799
Demat AMC ChargesRs.500 per AnnumRs.299
Trading AMC ChargesFreeFree
Margin MoneyZero to Rs.1 lakhRs.15,000 Minimum
Offline to OnlineSR

JM Financial vs Karvy Brokerage Charges Comparison

Brokerage Charge & FeesKarvyJM Financial
Equity Delivery Trading0.1% – 0.3%0.5% – 0.15%
Equity Intraday Trading0.01% – 0.03%0.05% -0.015%
Commodity Options Trading0.01% – 0.03%NA
Equity Futures Trading0.01% – 0.03%0.05% -0.015%
Equity Options TradingRs.10 – Rs.30 per lotRs.75 – Rs.20 per Lot
Currency Futures Trading0.01% – 0.03%0.05% -0.015%
Currency Options TradingRs.10 – Rs.30 per lotRs.75 – Rs.20 per Lot
Minimum BrokeragePercentage of TransactionPercentage of Transaction
Demat AMC ChargesRs.500 per annumRs.299
Trading AMC ChargesFreeFree
Margin MoneyZero to Rs.1 lakhRs.15,000 Minimum
Brokerage CalculatorKarvy Brokerage CalculatorJM Financial Brokerage Calculator

JM Financial & Karvy Other Charges Comparison

Other ChargesKarvyJM Financial
Transaction Charges0.00325% of Total Turnover0.00325% of Total Turnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Compare JM Financial & Karvy Offers

OffersKarvyJM Financial
Free Demat AccountRR
Free Trading AccountSR
Discount on BrokerageSR
Trading Happy HoursSS
Flexible Brokerage PlansRR
1 Month Brokerage FreeSS
Holiday OffersSS
Referral OffersSS
Zero Brokerage for Loss Making TradesSS

Compare Services of Karvy vs JM Financial

ServicesKarvyJM Financial
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountSS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRR
Robo AdvisorySS
PMSRR
Trading InstitutionSS
Trading ExposureUpto 20xUpto 7x

Compare JM Financial & Karvy Research & Advisory

Research & AdvisoryKarvyJM Financial
Fundamental ReportsRR
Research ReportsRR
Company ReportsRR
Annual ReportsRR
Company Stock ReviewRR
Free Stock TipsSR
IPO ReportsRR
Top PicksSR
Daily Market ReviewSR
Monthly ReportsRR
Weekly ReportsRR
Offline AdvisoryRR
Relationship ManagerRR

Karvy vs JM Financial Exposure/Leverage

Exposure / LeverageKarvyJM Financial
Equity DeliveryUpto 10xUpto 1x
Equity IntradayUpto 20xUpto 7x
Equity FuturesUpto 10xUpto 2x
Equity OptionsUpto 15xUpto 4x
Currency FuturesUpto 12xUpto 3x
Currency OptionsUpto 10xUpto 3x
CommoditiesUpto 12xUpto 2x
Margin CalculatorJM Financial Margin Calculator

Karvy vs JM Financial Product Comparison

ProductsKarvyJM Financial
Equity TradingRR
Commodity TradingRR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexSR
BankingSS
SIPRR
InsuranceSR

Karvy vs JM Financial Trading Platform Comparison

Trading PlatformsKarvyJM Financial
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRS
Mobile Site PlatformRR
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRR
Easy InstallationRR
Global IndicesRR
Stock TipsRR
Personalized AdvisoryRS
Interactive ChartsRR
Live MarketsRR
SMS AlertsRS
Email AlertsRS
Multi Account ManagementRS

Karvy vs JM Financial Customer Support

Customer SupportKarvyJM Financial
Dedicated DealerRR
Offline TradingRR
Online TradingRR
24*7 SupportSS
Email SupportRR
Chat SupportSS
Toll Free Number1800 419 8283S
Branches11050

Karvy vs JM Financial Customer Complaints

Complaints (Current Year)KarvyJM Financial
Lodged in BSE2105
Resolved in BSE1855
Lodged in NSE1657
Resolved in NSE1437

Compare Karvy with other Brokers & JM Financial with other Brokers

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Angel Broking vs KarvyAnand Rathi vs Jm Financial
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Hdfc Securities vs KarvyAsit C Mehta vs Jm Financial
Icici Direct vs KarvyAxis Direct vs Jm Financial
Iifl vs KarvyBonanza Portfolio vs Jm Financial
Karvy vs Aditya Birla MoneyChoice Broking vs Jm Financial
Karvy vs Alice Blue OnlineEdelweiss vs Jm Financial
Karvy vs Anand RathiEureka Securities vs Jm Financial
Karvy vs Arihant CapitalHdfc Securities vs Jm Financial
Karvy vs Asit C MehtaIcici Direct vs Jm Financial
Karvy vs Astha TradeIdbi Direct vs Jm Financial
Karvy vs Axis DirectIifl vs Jm Financial
Karvy vs Bonanza PortfolioJainam Share Consultants vs Jm Financial
Karvy vs Choice BrokingJhaveri Securities vs Jm Financial
Karvy vs Eureka SecuritiesJm Financial vs Aditya Birla Money
Karvy vs FyersJm Financial vs Alice Blue Online
Karvy vs Geojit FinanceJm Financial vs Arihant Capital
Karvy vs Idbi DirectJm Financial vs Astha Trade
Karvy vs Jainam Share ConsultantsJm Financial vs Fyers
Karvy vs Jhaveri SecuritiesJm Financial vs Geojit Finance
Karvy vs Jm FinancialJm Financial vs Kifs Trade
Karvy vs Kifs TradeJm Financial vs Lkp Securities
Karvy vs Lkp SecuritiesJm Financial vs Mastertrust Capital
Karvy vs Mastertrust CapitalJm Financial vs Monarch Networth Capital

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