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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

Experience2.6/5
Products & Services2.9/5
Brokerage Charges & Fees2.4/5
Stock Research & Advisory2.5/5
Trading Platforms2.9/5
Overall Ratings2.6/5
Star Ratings★★★☆☆
Total Client Reviews378

 


About Ashika Stock

Company TypePrivate
Broker TypeFull Service Broker
HeadquartersKolkata, West Bengal
FounderPawan Jain, FCA
Established Year1994

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.


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Ashika Stock Brokerage Charges

Equity Delivery Trading0.30%
Equity Intraday Trading0.04%
Commodity Options Trading0.04%
Equity Futures Trading0.04%
Equity Options TradingRs.50 per Lot
Currency Futures Trading0.04%
Currency Options TradingRs.25 per Lot
Minimum BrokeragePercentage of Transaction
Demat AMC ChargesRs.350 per Annum
Trading AMC ChargesFree
Margin MoneyMinimum Rs.20,000
Brokerage CalculatorAshika 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 Charges0.00315%
STT0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)
GST18% 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 SourceCDSL & NSDL
Account Opening ChargesRs.300
Demat AMC ChargesRs.350 per Annum
Trading AMC ChargesFree
Margin MoneyMinimum Rs.20,000
Offline to OnlineYes

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 AccountNo
Free Trading AccountYes
Discount on BrokerageYes
Trading Happy HoursNo
Flexible Brokerage PlansNo
1 Month Brokerage FreeNo
Holiday OffersYes
Referral OffersYes
Zero Brokerage for Loss Making TradesNo

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 BrokersAmbalal Shares StocksAshika StockBhansali Value
A G Shares SecuritiesAnugrah StockAshlar SecuritiesBhumika Consultancy
Aasmaa SecuritiesAnvil Share Stock BrokingB N Rathi SecuritiesBP 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 TradingYes
Commodity TradingYes
Currency TradingYes
OptionsYes
FuturesYes
Mutual FundsYes
ForexYes
BankingNo
SIPYes
InsuranceNo

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 ServicesYes
Trading ServicesYes
3 in 1 AccountNo
Intraday ServicesYes
IPO ServicesYes
Stock RecommendationsNo
Robo AdvisoryNo
PMSNo
Trading InstitutionYes
Trading ExposureUpto 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 ReportsNo
Research ReportsNo
Company ReportsNo
Annual ReportsNo
Company Stock ReviewNo
Free Stock TipsYes
IPO ReportsYes
Top PicksNo
Daily Market ReviewNo
Monthly ReportsNo
Weekly ReportsNo
Offline AdvisoryYes
Relationship ManagerYes

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 DeliveryUpto 2X
Equity IntradayUpto 6X
Equity FuturesUpto 3X
Equity OptionsUpto 5X
Currency FuturesUpto 2X
Currency OptionsUpto 2X
CommoditiesUpto 2X
Margin CalculatorAshika 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 – WindowsYes
Desktop Platform – MacNo
Desktop Browser PlatformNo
Mobile Site PlatformNo
Android App PlatformYes
iOS App PlatformYes
Windows App PlatformNo
Other Mobile OS PlatformNo
Real time UpdatesYes
Portfolio DetailsYes
Online MF BuyNo
News FlashYes
Research ReportsNo
Easy InstallationNo
Global IndicesYes
Stock TipsYes
Personalized AdvisoryNo
Interactive ChartsNo
Live MarketsYes
SMS AlertsNo
Email AlertsYes
Multi Account ManagementNo

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 DealerNo
Offline TradingYes
Online TradingYes
24*7 SupportNo
Support Number
Email SupportYes
Chat SupportNo
Toll Free NumberNo
Branches7

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 BSE0
Resolved in BSE0
Lodged in NSE4
Resolved in NSE4

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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