Ashika Stock Review, Brokerage Charges, Demat Account, Platforms & more

Ashika Stock is a renowned stockbroking firm operating from Kolkata, West Bengal. The company was founded by Pawan Jain in 1994 who is a Fellow Chartered Accountant as well.

The two and a half decades old company is currently operating from Kolkata but they have 7 branches across the country in which plenty of employees work and they are also a highly reputed stock broking firm in the country.

Ashika Stock offers


Ashika Stock Customer Ratings & Review

Experience 2.6/5
Products & Services 2.9/5
Brokerage Charges & Fees 2.4/5
Stock Research & Advisory 2.5/5
Trading Platforms 2.9/5
Overall Ratings 2.6/5
Star Ratings ★★★☆☆
Total Client Reviews 378

 


About Ashika Stock

Company Type Private
Broker Type Full Service Broker
Headquarters Kolkata, West Bengal
Founder Pawan Jain, FCA
Established Year 1994

Ashika Stock

Ashika Stock started their journey in 1994 under the able leadership of Mr. Pawan Jain who is also a reputed Fellow Chartered Accountant.

They are one of the most reliable and reputed stock broking firm serving their customers and helping them in trading needs for two and a half decades.

The company has 7 branches located at various places all over the nation.


Open Demat Account with Ashika Stock

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Ashika Stock Brokerage Charges

Equity Delivery Trading 0.30%
Equity Intraday Trading 0.04%
Commodity Options Trading 0.04%
Equity Futures Trading 0.04%
Equity Options Trading Rs.50 per Lot
Currency Futures Trading 0.04%
Currency Options Trading Rs.25 per Lot
Minimum Brokerage Percentage of Transaction
Demat AMC Charges Rs.350 per Annum
Trading AMC Charges Free
Margin Money Minimum Rs.20,000
Brokerage Calculator Ashika Stock Brokerage Calculator

The above lists show the brokerage charges of Ashika Stock which is nominal as per the market rate and the charges will be imposed according to the transaction value of the trader.

The equity delivery trading charges are 0.30%, the equity intraday trading charge, commodity options trading, equity futures trading, and currency futures trading are 0.04%, also the equity options trading cost is Rs.50 per Lot and currency options trading cost is Rs.25 per Lot.

The margin money is around Rs.20000 (Minimum), the minimum brokerage will be a percentage of the transaction, the Demat AMC charges is around Rs.350 per annum, and the best part is, the trading AMC charges are free of cost.


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Ashika Stock Other Charges

Transaction Charges 0.00315%
STT 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges)

As it is evident from the above-mentioned table that Ashika Stock does charge some other charges on trading which are Transaction Charges of 0.00315%, STT of 0.0126% of Total Turnover, SEBI Turnover Charges of 0.0002% of Total Turnover, Stamp Duty Depending on State which will be very minimal, and GST charges will be 18% of (Brokerage + Transaction Charges).

Although you are having to pay some other charges, still, it will have no effect on your return on investment or profit from the investment.


 

Ashika Stock Demat Account Opening Fees

Depository Source CDSL & NSDL
Account Opening Charges Rs.300
Demat AMC Charges Rs.350 per Annum
Trading AMC Charges Free
Margin Money Minimum Rs.20,000
Offline to Online Yes

With Ashika Stock, you can get your trading start by opening your account with Rs.300. The Depository Source will be CDSL & NSDL and along with that, the Demat AMC Charges will be around Rs.350 per Annum.

The stockbroking company from Kolkata does not charge any Trading AMC but they will charge Rs.20000 for Margin Money.


Ashika Stock Offers

Free Demat Account No
Free Trading Account Yes
Discount on Brokerage Yes
Trading Happy Hours No
Flexible Brokerage Plans No
1 Month Brokerage Free No
Holiday Offers Yes
Referral Offers Yes
Zero Brokerage for Loss Making Trades No

Here is a short list of the offer provided Ashika Stock to their customers and trader;

  • The traders are getting Free Trading Account from the company.
  • The customers will get Discount on Brokerage.
  • There are special holiday offers for their traders.
  • Also, if someone refers to the company, he or she will get exciting offers for that.

To know about offers of other stock brokers check below

A C Agarwal Share Brokers Ambalal Shares Stocks Ashika Stock Bhansali Value
A G Shares Securities Anugrah Stock Ashlar Securities Bhumika Consultancy
Aasmaa Securities Anvil Share Stock Broking B N Rathi Securities BP Equities

How to Open a Demat Account with Ashika Stock?

In order to open a Demat account with Ashika Stock you have to follow the below mentioned procedures:

  • You will have to click the green button which says ‘Open Demat Account’ and after that, fill the lead form up.
  • Next, you have to submit all you KYC documents such as PAN card, Aadhar card, identity proof, age proof, address proof, and a photograph.
  • After you upload the KYC documents, the designated person from the broking house will pay a visit to you for further verification.
  • Once you have completed all the verification processes, you will get the authority of operating your Demat account with stock broker within a few moments.

Why Open Ashika Stock Trading Account?

The trading account is a pivotal part of your trading career. So, you have to make sure that you are operating the right trading account.

Also, you have to choose the trading account of the right company. Otherwise, you will not be able to have such a successful career as a trader and you may not also be able to generate a good return on investment from your trading.

Here are some reasons that make this broker an ideal company for your trading account.

  • The charges & brokerage percentages is very minimal.
  • They offer you plenty of products and services which are essential for trading.
  • They also guide you to ensure that your investment successful.

Get a Call back from Ashika Stock

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Ashika Stock Products & Services

Here are the list of Products & Services provided by the stock broker –

Ashika Stock Products

Equity Trading Yes
Commodity Trading Yes
Currency Trading Yes
Options Yes
Futures Yes
Mutual Funds Yes
Forex Yes
Banking No
SIP Yes
Insurance No

The above list showcases the offers given by Ashika Stock to the traders.

The comprehensive list of offers includes equity trading, commodity trading, currency trading, options, futures, mutual funds, forex, and SIP.

A trader is getting almost everything he or she needs to start the trading career.

Ashika Stock Service Offerings:

Demat Services Yes
Trading Services Yes
3 in 1 Account No
Intraday Services Yes
IPO Services Yes
Stock Recommendations No
Robo Advisory No
PMS No
Trading Institution Yes
Trading Exposure Upto 6X

This is the listed chart of the services offered by Ashika Stock:

As you can see the list of the services is very long and consists of Demat Services, Trading Services, Intraday Services, IPO Services, Trading Institution, and Trading Exposure.

The broking company is ready to offer you the services which will help you to begin your journey as a trader tremendously.


 

Ashika Stock Research, Advisory and Stock Tips

Fundamental Reports No
Research Reports No
Company Reports No
Annual Reports No
Company Stock Review No
Free Stock Tips Yes
IPO Reports Yes
Top Picks No
Daily Market Review No
Monthly Reports No
Weekly Reports No
Offline Advisory Yes
Relationship Manager Yes

Ashika Stock is a comprehensive place for trading and if you are a newbie in the trading world then they will help you tremendously with their research and guidance.

  • You will definitely get benefited from the free stock tips that you will get.
  • Once can get offline advisory and the company will also give you the service of their relationship manager.
  • You will also be getting regular IPO reports to keep you updated.

Ashika Stock Exposure or Leverage

Equity Delivery Upto 2X
Equity Intraday Upto 6X
Equity Futures Upto 3X
Equity Options Upto 5X
Currency Futures Upto 2X
Currency Options Upto 2X
Commodities Upto 2X
Margin Calculator Ashika Stock Margin Calculator

Ashika Stock is a complete stockbroking firm that is providing 2 to 6 to times exposure to their traders. They also sometimes give their traders massive leverage to the traders for intraday leverage.


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Ashika Stock Trading Platforms

The various features & types of trading platforms are mentioned below –

Desktop Platform – Windows Yes
Desktop Platform – Mac No
Desktop Browser Platform No
Mobile Site Platform No
Android App Platform Yes
iOS App Platform Yes
Windows App Platform No
Other Mobile OS Platform No
Real time Updates Yes
Portfolio Details Yes
Online MF Buy No
News Flash Yes
Research Reports No
Easy Installation No
Global Indices Yes
Stock Tips Yes
Personalized Advisory No
Interactive Charts No
Live Markets Yes
SMS Alerts No
Email Alerts Yes
Multi Account Management No

Ashika Stock is one of the most reputed stock broking companies all over the country operating from Kolkata.

The thing that really gets this stock broker going and creates a difference between them and their competitors is their wide range of trading platforms include.

Ashika Stock Trading Terminal

If you are using Windows operation system on your PC or laptop then you can certainly trade online with Ashika Stock.

They have a wonderful trading platform for Windows users which makes trading really convenient with real-time data.

  • Traders can transfer money from one account to another
  • The trading platform provides to speed and high-quality performance
  • Various stock exchange views on the single screen

Ashika Stock Mobile Trading App

Ashika Stock also provides their customers with iOS and Android mobile application. This makes trading quite convenient.

  • The users of the application will be able to track the live updates from the trading market
  • Check the status of their investments and trades
  • Helps in making contact with the relationship manager
  • Check details about the whereabouts of trading world.

Ashika Stock Web Trading Platform

If your laptop or PC has Chrome or Mozilla Firefox browser then you can use the web trading platform of Ashika Stock:

  • You only need internet connectivity on your PC or laptop
  • Get research details and important recommendations
  • Get live streaming of the trade market

Ashika Stock Customer Care

The broking company offers the following networks of communications to its users as given below:

Dedicated Dealer No
Offline Trading Yes
Online Trading Yes
24*7 Support No
Support Number
Email Support Yes
Chat Support No
Toll Free Number No
Branches 7

Ashika Stock also gives their customers of 7 branches all over the country a comprehensive customer support service by which they can solve their queries related to the services very easily.

The customer service of Ashika Stock includes:

  • Offline Trading
  • Online Trading
  • Email Support

Ashika Stock Complaints and Feedback

Find the list of complaint against Ashika Stock

Lodged in BSE 0
Resolved in BSE 0
Lodged in NSE 4
Resolved in NSE 4

As the above tables show, there were four complaints lodged again Ashika Stock in the National stock exchange or NSE and they have successfully resolved those lodged complaints.

Also, the percentage of 0.02 of the number of complaints received against a number of active clients is absolutely top-class.


Ashika Stock Disadvantages:

As you can see there are plenty of advantages of trading with Ashika Stock, but you just cannot ignore the disadvantages. Although the number of disadvantages is very slim, you just cannot ignore them as well.

Here are some of the disadvantages of trading with Ashika Stock:

  • The research and advisory reports are not so wide numbered compared to their other competitors.
  • They have a limited medium of providing customer support which is kind of a negative aspect for the stockbroking firm.
  • Also, their offers are a bit limited compared to other stock broking companies.

Ashika Stock Conclusion

So, as you can see, for 25 years or so, Ashika Stock has marinated their reputation as one of the leading stock broking firms in the country.

Basically, they have given their customers result and that is what drives them back to Ashika Stock time and time again.


Open Demat Account with Ashika Stock

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