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

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

Now let’s Compare JM Financial & Karvy

Overview of Karvy & JM Financial

Overview Karvy JM Financial
Company Type Private Public
Broker Type Full Service Broker Full Service Broker
Headquarters Hyderabad, India Mumbai, Maharashtra
Founder C Parthasarathy Nimesh Kampani
Established Year 1983 1986

Karvy vs JM Financial Customer Ratings Comparison

Customer Ratings Karvy JM Financial
Experience 6.0/10 6.2/10
Products & Services 6.5/10 6.4/10
Brokerage Charges & Fees 7.0/10 6.2/10
Stock Research & Advisory 6.7/10 6.6/10
Trading Platforms 6.5/10 5.8/10
Overall Ratings 6.5/10 6.4/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 1265 329

Karvy vs JM Financial Demat Account Comparison

Demat Services Karvy JM Financial
Depository Source CDSL CDSL
Account Opening Charges Free Rs.799
Demat AMC Charges Rs.500 per Annum Rs.299
Trading AMC Charges Free Free
Margin Money Zero to Rs.1 lakh Rs.15,000 Minimum
Offline to Online S R

JM Financial vs Karvy Brokerage Charges Comparison

Brokerage Charge & Fees Karvy JM Financial
Equity Delivery Trading 0.1% – 0.3% 0.5% – 0.15%
Equity Intraday Trading 0.01% – 0.03% 0.05% -0.015%
Commodity Options Trading 0.01% – 0.03% NA
Equity Futures Trading 0.01% – 0.03% 0.05% -0.015%
Equity Options Trading Rs.10 – Rs.30 per lot Rs.75 – Rs.20 per Lot
Currency Futures Trading 0.01% – 0.03% 0.05% -0.015%
Currency Options Trading Rs.10 – Rs.30 per lot Rs.75 – Rs.20 per Lot
Minimum Brokerage Percentage of Transaction Percentage of Transaction
Demat AMC Charges Rs.500 per annum Rs.299
Trading AMC Charges Free Free
Margin Money Zero to Rs.1 lakh Rs.15,000 Minimum
Brokerage Calculator Karvy Brokerage Calculator JM Financial Brokerage Calculator

JM Financial & Karvy Other Charges Comparison

Other Charges Karvy JM Financial
Transaction Charges 0.00325% of Total Turnover 0.00325% of Total TurSver
STT 0.0126% of Total Turnover 0.0126% of Total TurSver
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total TurSver
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare JM Financial & Karvy Offers

Offers Karvy JM Financial
Free Demat Account R R
Free Trading Account S R
Discount on Brokerage S R
Trading Happy Hours S S
Flexible Brokerage Plans R R
1 Month Brokerage Free S S
Holiday Offers S S
Referral Offers S S
Zero Brokerage for Loss Making Trades S S

Compare Services of Karvy vs JM Financial

Services Karvy JM Financial
Demat Services R R
Trading Services R R
3 in 1 Acount S S
Intraday Services R R
IPO Services R R
Stock Recommendations R R
Robo Advisory S S
Trading Institution S S
Trading Exposure Upto 20x Upto 7x

Compare JM Financial & Karvy Research & Advisory

Research & Advisory Karvy JM Financial
Fundamental Reports R R
Research Reports R R
Company Reports R R
Annual Reports R R
Company Stock Review R R
Free Stock Tips S R
IPO Reports R R
Top Picks S R
Daily Market Review S R
Monthly Reports R R
Weekly Reports R R
Offline Advisory R R
Relationship Manager R R

Karvy vs JM Financial Exposure/Leverage

Exposure / Leverage Karvy JM Financial
Equity Delivery Upto 10x Upto 1x
Equity Intraday Upto 20x Upto 7x
Equity Futures Upto 10x Upto 2x
Equity Options Upto 15x Upto 4x
Currency Futures Upto 12x Upto 3x
Currency Options Upto 10x Upto 3x
Commodities Upto 12x Upto 2x
Margin Calculator JM Financial Margin Calculator

Karvy vs JM Financial Product Comparison

Products Karvy JM Financial
Equity Trading R R
Commodity Trading R R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex S R
Banking S S
Insurance S R

Karvy vs JM Financial Trading Platform Comparison

Trading Platforms Karvy JM Financial
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R S
Mobile Site Platform R R
Android App Platform R R
iOS App Platform R R
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R R
News Flash R R
Research Reports R R
Easy Installation R R
Global Indices R R
Stock Tips R R
Personalized Advisory R S
Interactive Charts R R
Live Markets R R
SMS Alerts R S
Email Alerts R S
Multi Account Management R S

Karvy vs JM Financial Customer Support

Customer Support Karvy JM Financial
Dedicated Dealer R R
Offline Trading R R
Online Trading R R
24*7 Support S S
Email Support R R
Chat Support S S
Toll Free Number 1800 419 8283 S
Branches 110 50

Karvy vs JM Financial Customer Complaints

Complaints (Current Year) Karvy JM Financial
Lodged in BSE 210 5
Resolved in BSE 185 5
Lodged in NSE 165 7
Resolved in NSE 143 7

Compare Karvy with other Brokers & JM Financial with other Brokers

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