Fairwealth Securities Review, Brokerage Charges, Demat A/C, Platforms & more
Last Updated Date: Dec 01, 2022Fairwealth Securities is one of the known and well-reputed stockbroking company in Delhi. It is an excellent firm to seek financial advices.
The employees of this company provide reliable services to all their clients. In this article, we give you the in-depth review of the company taking into account various parameters.
Fairwealth Securities Ratings & Review by Top10StockBroker
Experience | 2.6/5 |
Products & Services | 2.9/5 |
Brokerage Charges & Fees | 2.4/5 |
Stock Research & Advisory | 2.5/5 |
Trading Platforms | 2.9/5 |
Overall Ratings | 2.6/5 |
Star Ratings | ★★★☆☆ |
About Fairwealth Securities
Company Type | Private |
Broker Type | Full Service Broker |
Headquarters | Delhi NCR, Delhi |
Founder | Dhirender Gaba |
Established Year | 2005 |
Fair wealth Securities is a private company providing all sorts of broking services and was established way back in 2005.
Dhirender Gaba is the founder of this company which has its headquarters in Delhi NCR, New Delhi.
Open Demat Account with Fairwealth Securities
Fairwealth Securities Brokerage Charges
Equity Delivery Trading | 0.40% |
Equity Intraday Trading | 0.04% |
Commodity Options Trading | 0.04% |
Equity Futures Trading | 0.04% |
Equity Options Trading | Rs.60 per Lot |
Currency Futures Trading | 0.04% |
Currency Options Trading | Rs.40 per Lot |
Minimum Brokerage | Percentage of Transaction |
Demat AMC Charges | Rs.300 per Annum |
Trading AMC Charges | Free |
Margin Money | Minimum Rs.15,000 |
Brokerage Calculator | Fairwealth Securities Brokerage Calculator |
There is no hidden charges for their, they keep them quite transparent for the customers. For equity delivery trading they charge 0.40%, for equity intraday trading and commodity options trading, charges are 0.04%. Whereas for currency futures and equity futures trading, the charges are 0.04%.
To open a Demat account with the firm, one has to pay Rs. 300 per annum whereas a trading AMC account can be opened free of cost.
For equity options trading they offer Rs. 25 per lot and Rs. 15 per lot for currency options trading. The minimum marginal amount to be kept in your account is Rs. 15,000.
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Fairwealth Securities Other Charges
Transaction Charges | 0.00275% |
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) |
The transaction charges are 0.00275%. Two charges are being put on the total turnover of the firm which are:
- STT charges 0.0126%
- SEBI turnover charges 0.0002%
Stamp duty charges depends on the state where as 18% is the GST charge on brokerages with transaction charges.
Fairwealth Securities Demat Account Opening Fees
Depository Source | CDSL & NSDL |
Account Opening Charges | Rs.250 |
Demat AMC Charges | Rs.300 per Annum |
Trading AMC Charges | Free |
Margin Money | Minimum Rs.15,000 |
Offline to Online | Yes |
There are two depository sources, one is NSDL and second one is CSDL, which can be used to make deposits.
Rs 250 per annum will be charged to open an account with the firm, whereas for a Demant AMC account, Rs. 300 per annum will be charged.
No need to pay any fee for a trading AMC account. The minimum amount one should keep in their account is Rs 15,000.
Fairwealth Securities Offers
Free Demat Account | No |
Free Trading Account | Yes |
Discount on Brokerage | Yes |
Trading Happy Hours | No |
Flexible Brokerage Plans | No |
1 Month Brokerage Free | No |
Holiday Offers | No |
Referral Offers | No |
Zero Brokerage for Loss Making Trades | No |
The offers provided by the company are as follows:
- No fee is required to open a trading account with the firm
- There is a discount 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 Fairwealth Securities?
Opening a Demat account is pretty simple. Steps to follow are as follows:
- Start with Filling up the form by clicking on Open Demat Account button provided below
- Submit the required documents, like PAN card, Aadhar card, other ID proof etc. along with your one photograph.
- After successful submission, the agent from the company will contact you for verification.
- As soon as the process completes, you can start operating Demat Account.
Why Open Fairwealth Securities Trading Account?
Stock market trading is a difficult concept. It is a very risky one, but the returns from this are very high. Therefore you need to invest only with stock trading professionals. There are various advantages to this, such as:
- Simple to use trading software is available with Fairwealth securities
- The home page of the software has all the trading options
- There is real time data available for tracking the stocks
- You can get better support in case of doubts
Therefore Fairwealth Securities is the best stock broking agency for trading.
Get a Call back from Fairwealth Securities
Fairwealth Securities Products & Services
Here are the list of Products & Services provided by Fairwealth Securities –
Products Offered by Fairwealth Securities
Equity Trading | Yes |
Commodity Trading | Yes |
Currency Trading | Yes |
Options | Yes |
Futures | Yes |
Mutual Funds | Yes |
Forex | No |
Banking | No |
SIP | Yes |
Insurance | No |
The company offers various products such as currency trading, commodity trading, futures trading, equity trading, forex trading, and options trading.
Fairwealth Securities Service Offerings
Demat Services | Yes |
Trading Services | Yes |
3 in 1 Acount | No |
Intraday Services | Yes |
IPO Services | No |
Stock Recommendations | Yes |
Robo Advisory | No |
PMS | No |
Trading Institution | No |
Trading Exposure | Upto 5X |
It also provides multiple services such as demat services, trading services, and intraday services. With these services, it is sure that the clients will get better investments. The exposure faced by investors is 5X.
Fairwealth 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 | No |
Top Picks | Yes |
Daily Market Review | Yes |
Monthly Reports | Yes |
Weekly Reports | Yes |
Offline Advisory | Yes |
Relationship Manager | Yes |
The company has a reputation for providing accurate stock market research data to clients and users. This enables them to make the right investment decisions.
The tips and reports provided by the company include:
- Stock tips without any extra charges
- Top picks of the day
- Monthly/Weekly reports
- Offline advisory is provided
- Relationship manager will be there to help the client whenever required
Fairwealth Securities Exposure or Leverage
Equity Delivery | Upto 2X |
Equity Intraday | Upto 5X |
Equity Futures | Upto 3X |
Equity Options | Upto 6X |
Currency Futures | Upto 4X |
Currency Options | Upto 4X |
Commodities | Upto 2X |
Margin Calculator | Fairwealth Securities Margin Calculator |
Depending on the product the exposure can vary, like equity intraday and equity options have the highest exposure. Equity futures gets 3X exposure. Currency futures and options have 4X exposure.
Find Exposure or Margin of other Stock Brokers
Fairwealth Securities Trading Platforms
The various trading platforms available for trading are provided below –
Desktop Platform – Windows | Yes |
Desktop Platform – Mac | Yes |
Desktop Browser Platform | Yes |
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 | Yes |
Global Indices | Yes |
Stock Tips | Yes |
Personalized Advisory | No |
Interactive Charts | Yes |
Live Markets | Yes |
SMS Alerts | Yes |
Email Alerts | Yes |
Multi Account Management | No |
It mainly provides two trading platforms to its customers, below are there details:
Fair wealth Securities Web Trading Platform
One can easily do trading using web browsers whenever and where ever they want. The advantages of using Fair wealth Securities web trading platform are:
- Can be accessed easily from anywhere using the internet
- User-friendly interface
- No need to download any software
- Real-time quotes will be shown.
Fairwealth Securities Mobile Trading App
The User Interface is simple enough to let people use it without undergoing any training experience in trading without any difficulty.
Just install the app on your phone and start using it. It supports Android, Windows, and iOS. Advantages of using it are:
- The stock prices are reflected in real time.
- No need to refresh it for the latest updates.
- You can get all the details from the home screen.
- Easy to access on your phone, saving a lot of your time
- One can check prices of global indices
- Depending on your preference you will get personalized stock market tips
Fairwealth Securities 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 | 7 |
The company supports both online and offline trading. Customers also get email support for the selected stocks.
The company has 7 branches available all over the world. In addition to this, there will also be a relationship manager available for help.
Fairwealth Securities Complaints and Feedback
Find the list of complaint against Fairwealth Securities –
Lodged in BSE | 2 |
Resolved in BSE | 2 |
Lodged in NSE | 14 |
Resolved in NSE | 14 |
Till now, only 16 complaints have been made in both NSE and BSE which are being resolved successfully by the firm. 0.14 is the percentage of number of complaints received against the number of active clients.
Fairwealth Securities Disadvantages
The firm too have few cons but the pros are far more than the cons. Have a look:
- No flexible trading plans
- 1 month free charges are not available
- Research reports are not available
Fairwealth Securities Conclusion
The company provides the best financial services to the customers. The excellent services have satisfied the customers. It has very nominal charges for the customers.
It takes advantage of the internet to get real time information. The services provided by fair wealth securities are promising. It is the best trading platform for beginners who want to start investing.
Open Demat Account with Fairwealth Securities
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