Berkeley Securities Review, Brokerage Charges, Demat A/C, Platforms & more

Berkeley Securities is one of the most competent stockbroking companies in Northern India, if not one of the best in India. It is a reputed company that deals with top-notch stock trading services.

Apart from stock trading, they are equally capable of delivering Mutual Fund, Derivatives, Commodities, and Insurance related services.

Like many new companies, they charge a dynamic brokerage fee. Their entire fees structure is variable, which is profitable to both the traders and themselves.

They provide decent trading platforms which the traders don’t complaint much. With 8 branches scattered all around India in operation for over 25 years, they cemented their name among the best stockbroking companies in India.

Berkeley Securities offers


Berkeley Securities Customer Ratings & Review

Experience 2.9/5
Products & Services 3.4/5
Brokerage Charges & Fees 3.1/5
Stock Research & Advisory 3.3/5
Trading Platforms 2.9/5
Overall Ratings 3.2/5
Star Ratings ★★★☆☆
Total Client Reviews 266

 


About Berkeley Securities

Company Type Private
Broker Type Full Service Broker
Headquarters Manimajra, Chandigarh
Founder Kapil Sain Goel
Established Year 1991

Berkeley Securities

Berkeley Securities had made its mark on the year 1991 at Manimajra, Chandigarh.

The company founder Mr Kapil Sain Goel had enormous insights and experiences in the stock trading industry, which he had utilized in the company’s growth.

At present, they have over 4,200 satisfied customers who are associated with only stock trading services. Additionally, they have more than 4,000 active customers who deal with their Commodity-related services.

Naturally, they have a well-versed service line, and one can easily refer to them as a full-service brokering company.


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Berkeley Securities Brokerage Charges

Equity Delivery Trading 0.2% – 0.5%
Equity Intraday Trading 0.02% – 0.05%
Commodity Options Trading 0.02% – 0.05%
Equity Futures Trading 0.02% – 0.05%
Equity Options Trading Rs.20 – Rs.50 per Lot
Currency Futures Trading 0.02% – 0.05%
Currency Options Trading Rs.10 – Rs.25 per Lot
Minimum Brokerage Percentage of Transaction
Demat AMC Charges Rs.499 per Annum
Trading AMC Charges Free
Margin Money Zero Margin
Brokerage Calculator Berkeley Securities Brokerage Calculator

As mentioned in the overview summary, Berkeley Securities charge variable brokerage fee – 0.2% – 0.5%. What’s interesting is, the price range is very competitive; something that every trader wants.

For the Equity Intraday Trading, they charge between 0.02% – 0.05%; again, something very competitive.

They also charge between the price range of  0.02% – 0.05% for Commodity Options Trading, Equity Futures Trading, and Currency Futures Trading.

However, the price range of Equity Options Trading is considerably high – ₹20 – ₹50, though the Currency Options Trading is marginal – ₹10 – ₹25. There is no Margin Money threshold.


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Berkeley Securities Other Charges

Transaction Charges 0.00323%
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)

Like every other stockbroking company, Berkeley Securities is not an exception and charges a few additional charges apart from the brokerage fees.

The Transaction charge is 0.00323% while the STT fee is 0.0126% on Total Turnovers. Then comes the SEBI Turnover charge of 0.0002% also calculated on Total Turnovers.

Moreover, there is a variable Stamp Duty fee that changes from state to state. Nobody can over-rule the GST fee of 18%. The cost is determined on the overall transaction fees and the brokerage fees.

One thing the trader should know that these fees will not affect the profit margin drastically as these are very nominal fees.


Berkeley Securities Demat Account Opening Fees

Depository Source CDSL & NSDL
Account Opening Charges Rs.200
Demat AMC Charges Rs.499 per Annum
Trading AMC Charges Free
Margin Money Zero Margin
Offline to Online Yes

Berkeley Securities offers the traders to open their account at ₹200. The good thing is in this ₹200; the traders will get a Demat and a Trading account as well.

However, the AMC for the Demat account is one of the most expensive in the market as per the stock trading experts – ₹499. The AMC for the Trading account is free though.


Berkeley Securities Offers

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

Berkeley Securities offers terrific products and services, which has been a critical factor in its success.

Now, we have discussed they charge for the AMC of Demat accounts, and the Trading account AMC is free of cost. Apart from that, they offer lucrative discounts on Brokerage fees and also provide flexible Brokerage plans.

Yes, they don’t deliver Happy Trading Hours, but they compensate that with 1-month free brokerage plan to newbies.

They also have Referral Offers. No Holiday Offers though. They don’t provide any rebate or discounts for making unsuccessful trades.


To know about offers of other stock brokers check below

CIL Securities K R Choksey Ashika Stock Bhansali Value
Coimbatore Capital Kunvarji Finstock Ashlar Securities Bhumika Consultancy
Comfort Securities Narnolia Securities B N Rathi Securities BP Equities

How to Open a Demat Account with Berkeley Securities?

Berkeley Securities provide easy steps to create the composite account with them. It contains the Demat and Trading account opening as well. Here are the steps:

  • Click on the “Open Demat Account” button below. It will pop-up a lead form.
  • The traders need to fill up the form with correct information and wait for their representative to give a call.
  • The representative will ask for the KYC documents for verification and also send the link to pay ₹200, which is the registration fees.
  • Once the representative confirms the payment and verifies the submitted documents, they will provide the login credential to access the accounts.

Why Open Berkeley Securities Trading Account?

As discussed before, Berkeley Securities is a reputed stockbroking company. Therefore, there should be several reasons to open an account with them.

Here are some noteworthy points:

  • They charge an extremely competitive brokerage fee.
  • They offer a wide range of products and services.
  • Very few complaints have been issued against them.

Get a Call back from Berkeley Securities

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Berkeley Securities Products & Services

Here are the list of Products & Services provided by Berkeley Securities

Products Offered by Berkeley Securities

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

Berkeley Securities is a pioneer when dealing with Equity Trading, Commodity Trading, and Currency Trading related service.

Apart from that, this Chandigarh based business is well-versed in Options, Futures, Mutual Funds, Forex, SIP, and Insurance related products. They don’t deal with only the Banking related products.

Berkeley Securities Service Offerings

Demat Services Yes
Trading Services Yes
3 in 1 Account No
Intraday Services Yes
IPO Services Yes
Stock Recommendations Yes
Robo Advisory No
PMS No
Trading Institution No
Trading Exposure Upto 5X

Berkeley Securities, of course, deals with Demat and Trading accounts related services. Apart from that, it also deals with Intraday, IPO, and Stock Recommendation services.

However, they lack a few services like Robo Advisory, PMS, and 3-in-1 account. Interestingly, Berkeley Securities is not a Trading Institution, and yet they managed to deliver up to 5x trading exposer.


 

Berkeley Securities 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 Yes
Daily Market Review Yes
Monthly Reports Yes
Weekly Reports Yes
Offline Advisory Yes
Relationship Manager Yes

The trading associates of Berkeley Securities gets benefited from the trading experts. Here is a list of services that they provide:

  • They provide free stock tips.
  • The broker provide IPO reports.
  • They suggest Top Picks.
  • Broking house provides daily, weekly, and monthly Market reviews.
  • They provide offline advisory.
  • The stock broker provides dedicated Relationship Managers.

Berkeley Securities Exposure or Leverage

Equity Delivery Upto 2X
Equity Intraday Upto 5X
Equity Futures Upto 2X
Equity Options Upto 4X
Currency Futures Upto 1X
Currency Options Upto 3X
Commodities Upto 2X
Margin Calculator Berkeley Securities Margin Calculator

Perhaps this is an area where Berkeley Securities should improve. They offer average Exposure or Leverage ratio to their respective trading associates.

For Equity Delivery, Equity Futures, and Commodities, they offer a maximum of 2x, whereas, for Currency Futures, they offer just up to 1x.

They lifted their offers a bit by proving a maximum of 3x for Currency Options and a maximum of 4x for Equity Options. However, their real deal is for Equity Intraday, which is up to 5x.


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Berkeley Securities Trading Platforms

Desktop Platform – Windows Yes
Desktop Platform – Mac Yes
Desktop Browser Platform No
Mobile Site Platform Yes
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 Yes
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

Berkeley Securities, according to experts, deliver inconsistent trading platform experiences. Here is what they provide apparently:

Berkeley Securities Trading Terminal

Berkeley Securities a desktop application that supports both Windows and Mac operating system. They deliver the majority of essential features like Online MF Buy, Real-time Updates, Portfolio Details, and so on.

However, the platform doesn’t have easy installation feature which can be critical for non-techy users. Apart from that, some essential features like Research Reports, Personalized Advisory, and Interactive Charts are missing. Overall a so-so experience for the users.

Berkeley Securities Web Trading Platform

The broking house doesn’t provide any web trading platform yet.

Berkeley Securities Mobile Trading App

The mobile app platform that Berkeley Securities delivers comes in both Android and iOS versions. It can be downloaded from their official website or Google Playstore and Apple Store, respectively.

The app pretty much covers all the areas to do stock trading, and like the desktop application, it has all those functionalities in-built.

At the same time, the features which are missing in the Desktop version are also missing here. However, the Email alert feature is available in this version.


Berkeley Securities Customer Care

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 8

It is hard to believe that Berkeley Securities has 284 branches in India, but they still don’t provide support through dedicated dealers.

Although they provide support to both online and offline users, some necessary support features like Live Chat support, Toll-Free Number, or 24*7 Support are missing.

However, they do have a capable email support team which pretty much resolves all the doubts and queries of their trading associates.


Berkeley Securities Complaints and Feedback

Find the list of complaint against Berkeley Securities

Lodged in BSE 0
Resolved in BSE 0
Lodged in NSE 5
Resolved in NSE 5

One of the motivating factors for Berkeley Securities is the number of complaints against them – just five in total. All those have dealt with absolutely professional way.

They also have a perfect score while dealing with the percentage of the number of complaints received against the number of active clients – zero.


Berkeley Securities Disadvantages:

No company is perfect; especially not a stockbroking company. Berkeley Securities has its fair share of drawbacks that they should deal as soon as possible. Here is a list:

  • The AMC cost of the Demat account is comparatively higher than other leading stockbroking companies.
  • For a successful stockbroking company, the Research & Advisory services they offer should have more features in it like Fundamental Reports, Research Reports., Company Reports, and so on.
  • They don’t offer enough Exposure or Leverage to their trading associates.

Berkeley Securities Conclusion

Berkeley Securities have celebrated its 25 years of operations. So, it has completed that milestone for a reason, whereas, many similar companies have perished over the years.

They offer a wide range of services and charge reasonable brokerage fees, something every trader seeks.

To add to that, the Securities Offers are unquestionably intriguing, something the traders are always interested. The concerning factor is trading platforms they offer.

However, with 266 customer reviews and excellent overall user experience, they have spearheaded the stock trading industry for years and will continue to do so.


Open Demat Account with Berkeley Securities

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