Emkay Global Review, Brokerage Charges, Demat Account & more
Last Updated Date: Dec 01, 2022Emkay Global is one of the oldest and well experienced company in the industry, people will ever find.
This article discusses about Emkay Global Review, its brokerage charges, demat account opening process, exposure, trading platforms & more.
Emkay Global Ratings & Review by Top10StockBroker
| 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 | ★★★☆☆ |
About Emkay Global
| Company Type | Private |
| Broker Type | Full Service Broker |
| Headquarters | Mumbai, Maharashtra |
| Founder | Bhavesh Sanghvi |
| Established Year | 1995 |
Emkay Global is a full-service broker located in Mumbai which has abundant experience of 14 years. Bhavesh Sanghvi founded it in 1995.
Emkay Global is a private company which provides an excellent service of brokerage.
Open Demat Account with Emkay Global
Emkay Global Brokerage Charges
| Equity Delivery Trading | 0.33% |
| Equity Intraday Trading | 0.03% |
| Commodity Options Trading | 0.03% |
| Equity Futures Trading | 0.03% |
| Equity Options Trading | Rs.33 per Lot |
| Currency Futures Trading | 0.03% |
| Currency Options Trading | Rs.23 per Lot |
| Minimum Brokerage | Percentage of Transaction |
| Demat AMC Charges | Rs.250 per Annum |
| Trading AMC Charges | Rs.250 per Annum |
| Margin Money | Minimum Rs.1,000 |
| Brokerage Calculator | Emkay Global Brokerage Calculator |
Emkay global charges 0.03% brokerage for currency future trading, equity intraday trading, equity future trading, and commodity trading. Its different for equity delivery trading which is around 0.33%.
Rs.33 and Rs.23 per lot are the charges for equity options trading and currency options trading respectively.
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Emkay Global Other Charges
| Transaction Charges | 0.00265% |
| 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) |
For every transaction, one has to bear a charge of 0.00265%. On the overall turnover, two charges are applies, one is STT charges which is just 0.0126 and second one is SEBI charges which is even less, i.e., 0.0002%.
Stamp duty remains minimal if you choose this firm, and the charge for GST is 18%.
Emkay Global Demat Account Opening Fees
| Depository Source | CDSL & NSDL |
| Account Opening Charges | Zero |
| Demat AMC Charges | Rs.250 per Annum |
| Trading AMC Charges | Rs.250 per Annum |
| Margin Money | Minimum Rs.1,000 |
| Offline to Online | Yes |
The depository source for Emkay Global is CDSL and NDSL. One has to bear a fee of Rs.250 annually to open a Demat AMC or a trading AMC with the firm.
The minimum amount one should keep in the account is Rs.1000 for this firm.
Emkay Global Offers
| Free Demat Account | No |
| Free Trading Account | No |
| Discount on Brokerage | Yes |
| Trading Happy Hours | No |
| Flexible Brokerage Plans | No |
| 1 Month Brokerage Free | Yes |
| Holiday Offers | Yes |
| Referral Offers | No |
| Zero Brokerage for Loss Making Trades | No |
Below are the offers provided by Emkay Global to its clients:
- There is no brokerage fee for at least a month
- Holiday Offers are given
- Various discounts are provided on Brokerage
To know about offers of other stock brokers check below
| Dealmoney Securities | Farsight Securities | GEPL Capital | HEM Securities |
| Elite Wealth | Fast Capital Markets | Globe Capital | HSE Securities |
| Emkay Global | Findoc Investmart | Gogia Capital | IFCI Financial |
How to Open a Demat Account with Emkay Global?
Follow these steps to open a Demat Account in Emkay Global.
- Fill up the form by clicking on the green “Open Demat Account” below.
- Submit the required KYC documents like Aadhar Card, PAN card, photograph, documents for identity and address proofs
- The details of registration will be sent to your registered email
- Within no time, agent from the company will contact users for in-person verification
- After verification, Demat Account will be activated and users will be able to start trading
Why Open Emkay Global Trading Account?
These are some of the advantages to users for opening an account in Emkay Global Company.
- Availability of Relationship manager
- More exposure to products
- Trading platforms support the majority of devices
- Customer service is promising
Get a Call back from Emkay Global
Emkay Global Products & Services
Here are the list of Products & Services provided by the broking house –
Products Offered by Emkay Global:
| Equity Trading | Yes |
| Commodity Trading | Yes |
| Currency Trading | Yes |
| Options | Yes |
| Futures | Yes |
| Mutual Funds | No |
| Forex | Yes |
| Banking | No |
| SIP | No |
| Insurance | Yes |
Emkay Global comes up with different products for its customers including Stock options, Forex, Commodity trading, Equity Trading, Currency trading, etc.
Their vital aspect is Equities Trading for which their advisors will help you with best trading solutions and guide you through wealth management.
Emkay Global Service Offerings:
| Demat Services | Yes |
| Trading Services | Yes |
| 3 in 1 Acount | No |
| Intraday Services | Yes |
| IPO Services | Yes |
| Stock Recommendations | No |
| Robo Advisory | No |
| PMS | No |
| Trading Institution | No |
| Trading Exposure | Upto 5X |
Emkay Global comes up with numerous services to attract its customer and to ease out brokerage services which make the stock broker an attractive company to deal with.
Some of its services includes Intraday services, Trading services, IPO services and Demat services. They even provide trading exposure up to 5X.
Emkay Global 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 | No |
| Daily Market Review | No |
| Monthly Reports | No |
| Weekly Reports | No |
| Offline Advisory | Yes |
| Relationship Manager | Yes |
To help their brokers or we can say financial advisors, firm’s mainly provide various research and advisory facilities related to wealth management.
Similarly Emkay Global provides some facilities which includes tips on stock market without any fee, a relationship manager to help you with the wealth management, IPO reports.
They even provide offline advisory support for their customers.
Emkay Global Exposure or Leverage
| Equity Delivery | Upto 2X |
| Equity Intraday | Upto 5X |
| Equity Futures | Upto 3X |
| Equity Options | Upto 4X |
| Currency Futures | Upto 2X |
| Currency Options | Upto 4X |
| Commodities | Upto 3X |
| Margin Calculator | Emkay Global Margin Calculator |
The leverage provided by Emkay Global is far better than others and above average. Here it is:
- Equity Delivery Upto 2X
- Currency Futures Upto 2X
- Equity Intraday Upto 5X
- Currency Options Upto 4X
- Equity Options Upto 4X
- Commodities Upto 3X
- Equity Futures Upto 3X
Find Exposure or Margin of other Stock Brokers
Emkay Global Trading Platforms
Emkay Global comes up with the following trading platforms for brokerage services:
| Desktop Platform – Windows | Yes |
| Desktop Platform – Mac | Yes |
| Desktop Browser Platform | No |
| Mobile Site Platform | No |
| 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 | No |
| 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 |
Emkay Global Trading Terminal:
Software is available on both Windows and Mac platforms. Users will need to just download it from the official website of company. Upon downloading and installation, login with your credentials and start trading.
It may be difficult to understand what is being shown if you are a beginner. Contact the relationship manager in case of any problems and they will guide you to take right decisions.
Emkay Global Mobile Trading App:
A mobile app that allows customers to trade in stocks on the go. One can download it for both iOS and Android from App store and play store. It is easier to track your stocks and get latest stock updates on your phone with the app.
The users can also trade across all segments with great ease. It provides access to reports and ledgers without any difficulty.
Emkay Global Customer Care
| Dedicated Dealer | No |
| Offline Trading | Yes |
| Online Trading | Yes |
| 24*7 Support | No |
| Support Number | NA |
| Email Support | Yes |
| Chat Support | No |
| Toll Free Number | No |
| Branches | 43 |
Around 43 branches of the Company are located in different parts of world. Online and offline trading are also available. Email support is available.
The queries can be sent via mail and the employees will respond within few hours.
Emkay Global Complaints and Feedback
Find the list of complaint against Emkay Global –
| Lodged in BSE | 0 |
| Resolved in BSE | 0 |
| Lodged in NSE | 9 |
| Resolved in NSE | 9 |
In order to provide a crystal-clear review for the company, it is important to recognize the areas of default within and here are the customer complaints drafted with the respective fields of problem:
- Lodged in BSE 0
- Resolved in BSE 0
- Lodged in NSE 9
- Resolved in NSE 9
Percentage of No. of Complaints Received Against Number of Active Clients 0.06
Emkay Global Disadvantages:
These are some of the disadvantages associated with the company.
- Referral offers are not available
- Mutual funds and SIP are not available
- They don’t provide stock recommendations
- Weekly and monthly reports are not published
- No web browser trading platform
Emkay Global Conclusion
With more than millions of client base, Emkay Global is one of the largest non-banking full-service brokers in the country. The broking house is always one of the 1st choices of any investor.
Both investors and traders get attracted by their flexible brokerage plans. They have an excellent offline presence & dominant feedback support team.
The trading company is quite innovative and always come up with new things like Portfolio Score, instant stock updates, real-time tips and feeds, etc.
Open Demat Account with Emkay Global
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