C M Goenka Stock Brokers Review, Brokerage Charges, Demat A/C & more

The C M Goenka Stock Brokers is the oldest stock broking house located in Jaipur, Rajasthan. Since 1970, the company is serving numerous users or customers.

In this article, we will have a discussion regarding C M Goenka brokerage plans, products, services, offers, exposure, leverage, trading platforms, customer support and more.

C M Goenka Stock Ratings & Review by Top10StockBroker

About C M Goenka Stock

C.M Goenka Group is the oldest and the most reliable stockbroking company exists in Jaipur, Rajasthan.

The broking house is a private company founder by Kapil Goenka in the year 1970. It has numerous franchise agencies available all around the nation.

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C M Goenka Stock Brokerage Charges

The brokerage charge percentage listed above is minimal according to the market rates. The company charge brokerage fees as per the transaction value.

The broking house charge 0.30% on equity delivery trading, 0.03% on equity intraday, equity futures and currency futures.

They do charge Rs30 per lot on equity options trading and Rs.10 per lot on currency options trading. And no annual maintenance charges are levied on trading by the broking house.

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C M Goenka Stock Brokers Other Charges

C.M Goenka broking house normally charge brokerage charges and some sort of other charges also including- Transaction charges- 0.0325%, STT charges are 0.0126% of total turnover.

The SEBI turnover charges are 0.0002% of total turnover, GST charges are 18% of brokerage plus transaction charges and stamp duty charges are based on the opted state.

Nevertheless, the other charges imposed by the broking house are very reasonable that will not affect your investment and profit performance.

C M Goenka Stock Demat Account Opening Fees

Customers can easily open up a demat account with this wide-ranging company at Rs.250. The company charge Rs.300 as annual maintenance cost of the demat account and for a trading account there are no subscription charges.

However, the broking house asks for Rs.15,000 as margin money for the guarantee. It also assured offline to online trading options for ease.

C M Goenka Stock Offers

Here is the list of offers provided by the C.M Goenka Stock Brokers are as follows-

• Opening a trading account with the broking house is free while the demat account opening is chargeable.
• Holiday and referral offers are provided to all the customers for ease and enhancing profit performance.

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How to Open a Demat Account with C M Goenka Stock?

The Account opening process of C M Goenka Stock Brokers –

• For an opening of the demat account, you are required to fill up the form by clicking on the green open an account button below.
• After filling the form accurately, click on to submit button.
• Upload the KYC documents like- identity proof, age proof, photograph, aadhar card and PAN card.
• Once you submit the form of demat account and KYC details, the company executive will give you a call in order to verify the information and documents you lodged.
• After the complete verification process, you will be able to operate your demat account in 2-3 hours.

Why Open C M Goenka Stock Trading Account?

As a trading account is extremely important and compulsory for trading shares, equity, currency, stock and more.

So the C.M Goenka Stock broking company offers flexible trading account opening to all its users.

• Users can open up a trading account for free of cost.
• The best thing about opening a trading account with the company is it does not charge any annual subscription fees from its users.
• It is also good at offering the entire products and services assortment.

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C M Goenka Stock Brokers Products & Services

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

Products Offered by C M Goenka Stock

The C.M Goenka stock brokers offer the following products to all of its customers. The broking house offers various products for making investments and trading.

The products normally include- equity trading, commodity trading, currency trading, options and futures. All the products are very useful for trading and investment purpose.

C M Goenka Stock Service Offerings

The C.M Goenka stockbroking group offers various services to all its clients for huge convenience.

Before the user starts up with the investment or trading procedure, the stockbroking group offers proper training on making investments where they teach how to a variety of trading platforms including back office techniques, software terminal, how to make use of the demat account and trading account.

The company provide intraday services and IPO services as well. The trading exposure of the company is up to 5x and more importantly, stock recommendations are also provided.

C M Goenka Stock Research, Advisory and Stock Tips

The wide-ranging C.M Goenka Stock Broking Group do offer deep research to all the consumers at the following stages-

• The broking house offers free tips on stocks.
• IPO reports are also provided for flexibility.
• The company provide monthly as well as weekly reports to all its customers.
• Offline advisory
• The best thing is the relationship manager support is also provided for ease and convenience.

C M Goenka Stock Brokers Exposure or Leverage

The comprehensive and well-known stock broking company offers leverage or exposure up to 5x to all of its customers.

The company usually offers massive exposure for equity intraday, equity options and currency options.

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C M Goenka Stock Trading Platforms

The list of trading platforms & their features are provided below –

C.M Goenka is the best and reliable stockbroking group available in the country. It has some convenient trading platforms through which users can trade easily and conveniently.

Following are the trading platforms of the broking house available to its users-

C M Goenka Stock Brokers Trading Terminal

C M Goenka group provides an effective trading terminal to the traders for huge satisfaction. As this type of trading platform is an exe. based that allows users to make transfers of money easily and conveniently.

It works as a software. Users can install this platform on their mobile phone, laptop and computer as well.

Features-

• It enables traders to transfer stocks from a different variety of banks.
• It provides high-speed trading and best trading performance.
• You can watch the diverse exchange views through one screen.

C M Goenka Mobile Trading App

For ease, the broking house offers custom-made mobile application which can be accessible in iPhone, iOS, Android phone or any other smartphone.

Features-

• For smooth investments and trading, you can use this application.
• You can go through the entire details of the stock market with this convenient application.
• It provides satisfactory trading and investment performance to users.

C M Goenka Web-based Trading Platform

The web-based trading platform is considered as the most convenient platform of this full service broker.

You can operate this kind of trading platform for experiencing smooth trading and investments. You can use this through chrome browser or any other browser as well.

Features-

• Offers qualitative research and stock recommendations.
• Only basic internet connection is required to run this app.

C M Goenka Stock Customer Care

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

The C.M Goenka stockbroking group do provide several communication networks to all of its customers for ease and convenience including-  Email support, chat support and more.

The company also provide online and offline trading support to all its existing clients. The company has around 74 branches all over the country. So the queries can easily be resolved.

C M Goenka Stock Brokers Complaints and Feedback

Find the list of complaint against C M Goenka –

The table chart given above is detailing that the company has provided huge convenience to its clients by providing several products, services and good support.

While the company also requires to improve its performance as per the last year analysis.

C M Goenka Stock Brokers Disadvantages

C.M Goenka stock broking company has few disadvantages also which are listed below-

• Its mobile application sometimes interferes in the performance of trading.
• Sometimes company cut-off hidden charges.
• The company offers average quality research across essential stages such as- technical.

C M Goenka Conclusion

C.M Goenka Stock broking group is one of the oldest stock broking companies available across India which do provide convenient products and services related to trading and investments.

It also provides flexibility in opening up demat as well as trading account. So if you are in search to open up a trading account, go this stock broker for convenience and ease.

Open Demat Account with C M Goenka Stock

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