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.


Open Demat Account with Ashika Stock

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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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      1. Open Demat Account

      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

        Fill Your Details Here
        1. Open Demat Account

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