Canmoney Review, Brokerage Charges, Demat Account, Platforms & more

Canmoney is a widely known stock broking and trading service providing group available in the country. The stock-broking company is good at offering trading services to all its clients as well as partners.

In this article, we will have a discussion about the review of canara bank securities brokerage plans, products, services, trading platforms, offers, leverage and more.

Canara Bank offer

Canara Bank Securities Customer Ratings & Review

Products & Services3.1/5
Brokerage Charges & Fees3.3/5
Stock Research & Advisory3.0/5
Trading Platforms3.2/5
Overall Ratings3.2/5
Star Ratings★★★☆☆
Total Client Reviews198


About Canmoney

Company TypePublic
Broker TypeFull Service Broker
HeadquartersMumbai, Maharashtra
FounderP S Jayakumar
Established Year2009

Canara Bank The Canmoney is the largest full-service broking industry available across the nation. It is a public company founded by Mr PS Jayakumar in the year 2009.

The headquarters of the company is located in Mumbai, Maharashtra. The company is best at providing broking services at minimal charges to its clients.

Here we will discuss the core features of its broker with whole Canmoney corporation models, customized brokerage charges, associated costs, eligibility measures, profits and more.

Open Demat Account with Canara Bank Securities

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Canmoney Brokerage Charges

Canmoney is a popular and trustworthy stockbroker. It provides convenient tailor-made brokerage charges to all its customers for huge satisfaction.

Here is the quick list of brokerage charges imposed by the company are as follows-

Equity Delivery Trading0.40%
Equity Intraday Trading0.04%
Commodity Options Trading0.04%
Equity Futures Trading0.04%
Equity Options Trading Rs.60 per Lot
Currency Futures Trading0.04%
Currency Options TradingRs.40 per Lot
Minimum BrokeragePercentage of Transaction
Demat AMC ChargesRs.500 per Annum
Trading AMC ChargesFree
Margin MoneyMinimum Rs.25,000
Brokerage CalculatorCanmoney Brokerage Calculator

The Canmoney broking house levy 0.40% equity delivery charges. Also charge 0.04% on equity intraday trading, commodity options trading, equity futures trading and currency futures trading.

The company charge Rs. 60 per lot on equity futures trading and Rs. 40 per lot on currency options trading. For the maintenance of the demat account, it charges Rs. 500 per annum and there is no such charges for trading account maintenance.

Moreover, the Canmoney firm charge minimum Rs. 25,000 as margin money for the guarantee.

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Canara Bank Securities Other Charges

Transaction Charges0.00325%
STT0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)

As per the above-given table chart, the company has customised other type of fees apart from brokerage fees. Other charges levied by the stockbroking house includes- 0.00325% Transaction Charges.

The STT charges are 0.0126% of total turnover, 0.0002% charge is taken on total SEBI turnover, stamp duty charges have a dependency on state and get charges are 18% of brokerage and transaction charges.

However, the stockbroking house charges all these charges at a minimal percentage which will surely not affect your trading performance.


anmoney Demat Account Opening Fees

Depository SourceCDSL & NSDL
Account Opening ChargesRs.350
Demat AMC ChargesRs.500 per Annum
Trading AMC ChargesFree
Margin MoneyMinimum Rs.25,000
Offline to OnlineYes

The user can easily open up their demat account with the Canmoney. Normally, the broking house charges Rs. 350 for opening a new demat account and opening up a trading account with the company is free.

However, the broker levy Rs. 500 as AMC for a demat account and there are no such annual charges for trading account maintenance.

The company also take Rs. 25,000 as margin money from its customers. It provides flexibility in offline to online trading.

Canara Bank Securities Offers

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

The complete list of offers provided by the Canmoney is given below-

  • The company provide flexibility in opening a free trading account to all of its customers.
  • It is best at offering flexible and convenient holiday offers for more satisfaction
  • Offers flexibility in brokerage plans also.

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 Canmoney?

The process of Canara Bank Securities Demat Account Opening in mentioned below –

  • To open up a demat account with the broking house, you require to properly fill up the form given below.
  • After filling it successfully, users have to click on the submit button given below in green colour.
  • Once you fill up the demat form, the executives from Canmoney will call you for verification.
  • After that, you will be required to submit all the necessary KYC documents for the further verification process.
  • Once the verification process is done successfully, you will be able to use your demat account in 2 to 3 hours.

Why Open Canara Bank Securities Trading Account?

As it is clearly known that trading account is required for trading money, currencies or much other variety of assets as well. Demat account is only offered to provide safety to all of your shares.

Following are the advantages of opening up a Canmoney trading account –

  • Users can open a flexible trading account without paying any money.
  • No annual maintenance charges are levied by the company for a trading account.
  • You can experience flexible trading services with the broking group.
  • The whole assortment of products and services is offered for more convenience by the broking house.

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Canara Bank Securities Products & Services

Here are the list of Products & Services provided by Canmoney –

Products Offered by Canmoney

Equity TradingYes
Commodity TradingYes
Currency TradingYes
Mutual FundsNo

The broking house provides flexibility in offering various trading as well as investment products to its customers.

The products of the company include- equity trading, commodity trading, currency trading, futures and options as well.

Canmoney Service Offerings

Demat ServicesYes
Trading ServicesYes
3 in 1 AcountNo
Intraday ServicesYes
IPO ServicesYes
Stock RecommendationsYes
Robo AdvisoryNo
Trading InstitutionYes
Trading ExposureUpto 6X

For more convenience, the broking house offers qualitative training sessions to all the users before they start trading.

The entire Canmoney team acknowledge clients deeply regarding the trading as well as demat account. The company provide IPO and Intraday services to the clients for flexibility. It’s trading exposure is up to 6x.


Canara Bank Research, Advisory and Stock Tips

Fundamental ReportsYes
Research ReportsYes
Company ReportsYes
Annual ReportsYes
Company Stock ReviewYes
Free Stock TipsYes
IPO ReportsYes
Top PicksYes
Daily Market ReviewYes
Monthly ReportsYes
Weekly ReportsYes
Offline AdvisoryYes
Relationship ManagerYes

The comprehensive Canmoney firm provide deep research analysis to all of its users as well as partners at all the stages given below-

  • The company is good at offering appropriate fundamental, research, IPO and company reports in detail.
  • The broking house also provides monthly and weekly reports for betterment and flexibility.
  • It provides free recommendations on stocks or assets.
  • Provide company stock review and daily market review as well.
  • Offline advisory and relationship manager support are also provided to all its users.

Canara Bank Exposure or Leverage

Equity DeliveryUpto 2X
Equity IntradayUpto 6X
Equity FuturesUpto 3X
Equity OptionsUpto 5X
Currency FuturesUpto 2X
Currency OptionsUpto 2X
CommoditiesUpto 2X
Margin CalculatorCanmoney Margin Calculator

The Canmoney is the topmost form offers exposure or leverage up to 6x. And the good leverage provided by the company is in equity intraday and equity options.

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Canara Bank Securities Trading Platforms

Here are the list of trading platforms provided by the broking house –

Desktop Platform – WindowsYes
Desktop Platform – MacNo
Desktop Browser PlatformYes
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 ReportsYes
Easy InstallationYes
Global IndicesYes
Stock TipsYes
Personalized AdvisoryNo
Interactive ChartsYes
Live MarketsYes
SMS AlertsYes
Email AlertsYes
Multi Account ManagementNo

Canmoney is one of the best stockbroking companies available in India. Following are some trading platforms provided by the trading company-

Canmoney Web-based trading platform

A very convenient and flexible web-based trading platform is provided by the company for smooth trading. This type of platform can be accessed through Google Chrome, Firefox and Mozilla browser. You just need to log in your own trading account in the browser for appropriate and easy trading.

The trading platform has various features which are given below-

  • Users can have a good quality of research and appropriate stock recommendations as well.
  • Basic internet connectivity is required for trading.

Canmoney Mobile Trading App

The mobile application is a convenient way for trading shares, currencies and money. The company offers soothing mobile application platform for trading to all of its users. It gives good trading experience to the users.

Features associated with the mobile application are given below-

  • Through this app, keeping the track record of trades and stocks is easy.
  • Users can place a call directly to its manager for resolving any issue.
  • It allows users to check for any type of reports related to trading such as- ledger, trade details, derivatives and more.
  • It also allows checking for the details of the stock market including, a metal watch, index watch, news etc.

Canmoney Trading Terminal

Canmoney company is good at offering proper exe based trading terminal to all the clients. This can be downloaded or installed in the laptop, mobile and computer for smooth trading.

  • Through this, you can easily transfer assets from various banks.
  • You can also experience various exchange views in just one single screen.
  • You can experience good trading performance and speed as well.

Canara Bank Customer Care

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

Canmoney provide good support to all of its customers. It offers convenient communication modes to the customers for resolving any type of issues or queries.

Customers usually have good support and care related to online trading and offline trading. The company offers email support facility for huge satisfaction and convenience.

It has around 762 branches which can provide assistance anytime to all of their existing customers.

Canara Bank Complaints and Feedback

Find the list of complaint against Canara Bank

Lodged in BSE0
Resolved in BSE0
Lodged in NSE0
Resolved in NSE0

As per the above table, the comprehensive stockbroking company has provided flexibility in products and services both.

They have asst people in providing better trading performance with each passing day. Its performance for last year is healthy and impressive.

Canara Bank Disadvantages

The Canmoney is the best and popular stockbroking house available in the country. So with advantages, it has a few disadvantages also-

  • Provide moderate research quality.
  • Its mobile application offers moderate trading performance to all its customers.

Canara Bank Conclusion

In present times, the Canmoney broking house has provided a huge range of trading services to all of its customers with minimal brokerage charges.

If you are in search of any broking house which will provide you with proper assistance regarding trading, opt Canmoney for huge satisfaction.

Open Demat Account with Canara Bank

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