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

Experience2.9/5
Products & Services3.4/5
Brokerage Charges & Fees3.1/5
Stock Research & Advisory3.3/5
Trading Platforms2.9/5
Overall Ratings3.2/5
Star Ratings★★★☆☆
Total Client Reviews266

 


About Berkeley Securities

Company TypePrivate
Broker TypeFull Service Broker
HeadquartersManimajra, Chandigarh
FounderKapil Sain Goel
Established Year1991

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 Trading0.2% – 0.5%
Equity Intraday Trading0.02% – 0.05%
Commodity Options Trading0.02% – 0.05%
Equity Futures Trading0.02% – 0.05%
Equity Options TradingRs.20 – Rs.50 per Lot
Currency Futures Trading0.02% – 0.05%
Currency Options TradingRs.10 – Rs.25 per Lot
Minimum BrokeragePercentage of Transaction
Demat AMC ChargesRs.499 per Annum
Trading AMC ChargesFree
Margin MoneyZero Margin
Brokerage CalculatorBerkeley 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 Charges0.00323%
STT0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)
GST18% 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 SourceCDSL & NSDL
Account Opening ChargesRs.200
Demat AMC ChargesRs.499 per Annum
Trading AMC ChargesFree
Margin MoneyZero Margin
Offline to OnlineYes

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

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 SecuritiesK R ChokseyAshika StockBhansali Value
Coimbatore CapitalKunvarji FinstockAshlar SecuritiesBhumika Consultancy
Comfort SecuritiesNarnolia SecuritiesB N Rathi SecuritiesBP 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.

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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 TradingYes
Commodity TradingYes
Currency TradingYes
OptionsYes
FuturesYes
Mutual FundsYes
ForexYes
BankingNo
SIPYes
InsuranceYes

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

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 DeliveryUpto 2X
Equity IntradayUpto 5X
Equity FuturesUpto 2X
Equity OptionsUpto 4X
Currency FuturesUpto 1X
Currency OptionsUpto 3X
CommoditiesUpto 2X
Margin CalculatorBerkeley 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 – WindowsYes
Desktop Platform – MacYes
Desktop Browser PlatformNo
Mobile Site PlatformYes
Android App PlatformYes
iOS App PlatformYes
Windows App PlatformNo
Other Mobile OS PlatformNo
Real time UpdatesYes
Portfolio DetailsYes
Online MF BuyYes
News FlashYes
Research ReportsNo
Easy InstallationNo
Global IndicesYes
Stock TipsYes
Personalized AdvisoryNo
Interactive ChartsNo
Live MarketsYes
SMS AlertsNo
Email AlertsYes
Multi Account ManagementNo

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 DealerNo
Offline TradingYes
Online TradingYes
24*7 SupportNo
Support Number
Email SupportYes
Chat SupportNo
Toll Free NumberNo
Branches8

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 BSE0
Resolved in BSE0
Lodged in NSE5
Resolved in NSE5

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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