Farsight Securities Review, Brokerage Charges, Demat A/C, Platforms & more
Last Updated Date: Dec 01, 2022New Delhi’s best stockbroking company is Farsight securities. Clients get the best financial advice and reliable trading services.
This article provides you with the in-depth review of the company in many parameters like trading platfroms, brokerage charges, products & services, offers & more.
Farsight Securities Ratings & Review by Top10StockBroker
Experience | 2.5/5 |
Products & Services | 3.4/5 |
Brokerage Charges & Fees | 3.3/5 |
Stock Research & Advisory | 2.6/5 |
Trading Platforms | 2.4/5 |
Overall Ratings | 2.7/5 |
Star Ratings | ★★★☆☆ |
About Farsight Securities
Company Type | Public |
Broker Type | Full Service Broker |
Headquarters | New Delhi, Delhi |
Founder | Naresh Chand Maheshwari |
Established Year | 1995 |
Farsight securities is a private company established in the year 1995.
Naresh Chandra Maheshwari is the founder of this company and headquarters are located in Delhi NCR, New Delhi.
They offer full-service broking services to clients.
Open Demat Account with Farsight Securities
Farsight Securities Brokerage Charges
Equity Delivery Trading | 0.35% |
Equity Intraday Trading | 0.04% |
Commodity Options Trading | NA |
Equity Futures Trading | 0.04% |
Equity Options Trading | Rs.75 per Lot |
Currency Futures Trading | 0.04% |
Currency Options Trading | Rs.50 per Lot |
Minimum Brokerage | Percentage of Transaction |
Demat AMC Charges | Rs.399 per Annum |
Trading AMC Charges | Free |
Margin Money | Minimum Rs.1,000 |
Brokerage Calculator | Farsight Securities Brokerage Calculator |
You can refer the tables to get full idea about the brokerage charges. They are quite transparent which makes the company more reliable.
They charge 0.04% for equity intraday trading, currency futures trading, commodity options trading, equity futures trading, whereas 0.35% for equity delivery trading.
Trading AMC account can be opened without paying any fee, whereas a fee of Rs. 399 per annum is needed for opening a Demat account.
They offer Rs. 50 per lot for currency options trading and Rs. 75 per lot for equity options trading. The best thing is only Rs. 1,000 is required to maintain the account, which is quite less as compared to other firms.
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Farsight Securities Other Charges
Transaction Charges | 0.00325% |
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) |
They apply 0.00325% transaction charges. SEBI charges are 0.0002% and STT charges are 0.0126% of the total turnover and the GST charges are 18%. As per the state rules, stamp duty charges might differ.
Farsight Securities Demat Account Opening Fees
Depository Source | CDSL & NSDL |
Account Opening Charges | Rs.250 |
Demat AMC Charges | Rs.399 per Annum |
Trading AMC Charges | Free |
Margin Money | Minimum Rs.1,000 |
Offline to Online | Yes |
Deposits are taken in both NSDL and CSDL depository sources. The account opening charges of the company are Rs. 250. Rs 399 per annum is the charge one has to pay to open a Demat AMC account.
Whereas no fee is required for a trading AMC account. Rs. 1,000 is the bare minimum amount one has to keep in his account. It has both online and offline services.
Farsight 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 company provides various offers to its customers, some of them are:
- The brokerage has discounts
- The trading account is free of charge
To know about offers of other stock brokers check below
How to Open a Demat Account with Farsight Securities?
Farsight securities help in providing the demat accounts. The steps include:
- Fill up the form by clicking on green Open Demat Account button
- Submission of documents such as PAN card, Aadhar card, address proof documents, photograph and identity proof
- The verification of the documents will be done after successful submission
- The demat account can be operated once the process is complete
Why Open Farsight Securities Trading Account?
Stock market trading is one of the complex concepts in the world. It has high risks, but it can provide high returns for the investments. The various advantages include
- Trading software with easy to use interface
- Trading homepage with easy to use options
- Real-time data for stock trading
- Support from backend team to clear doubts
Therefore Farsight Securities has the best stock broking agency for trading.
Get a Call back from Farsight Securities
Farsight Securities Products & Services
Here are the list of Products & Services provided by Farsight Securities –
Products Offered by Farsight 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 various trading products provided are commodity trading, currency trading, equity trading, futures trading, options trading, and forex trading.
Farsight 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 10X |
It also has mutual fund services, intraday services, and SIP. The trading exposure is about 10X. This enables clients to get the best services.
Farsight 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 main advantage of the company is that it can provide real-time stock market research data to users and clients. They can take the best investment decisions.
The company provides the following tips and reports.
- One can get interesting stock tips for free
- One can get suggestion for top picks
- Monthly as well as weekly stock reports can be availed
- Offline advisory will be there to help them anytime they want
- Relationship manager will be there to help them with the stocks management.
Farsight Securities Exposure or Leverage
Equity Delivery | Upto 2X |
Equity Intraday | Upto 10X |
Equity Futures | Upto 2X |
Equity Options | Upto 4X |
Currency Futures | Upto 2X |
Currency Options | Upto 2X |
Commodities | Upto 1X |
Margin Calculator | Farsight Securities Margin Calculator |
Farsight securities provide various products with different exposures. Equity intraday has 10X leverage. Currency futures and currency options have 2X leverage. Equity options have 4X exposure.
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Farsight Securities Trading Platforms
The various trading platforms provided by the broking house are –
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 |
The firm has all three sorts of trading platforms, below are the details of each one of them:
Farsight securities Trading Terminal
The trading platform is available for Windows as well as Mac. Users can install the software free of cost after registration. It has a simple user interface that enables customers to trade efficiently.
The stock market prices are shown in real time. There is no need for refreshing the software for getting the latest quotes.
All the details can be obtained from the home screen. This can improve the efficiency of trading.
Farsight Securities Web Trading Platform
The broking house also provides web trading wherein the users can perform the trading online using their browsers, like Chrome, Mozilla, etc. by simply signing in to their account.
Farsight Securities Mobile Trading App
One can easily use the Farsight Securities mobile app to perform the trading on windows, IOS, and Android platforms. The app has all the features one gets in a desktop software. The best part is its simple to use and have a user-friendly UI.
Real-time updates, news flash, stock price alerts, etc. are available in the Farsight Securities mobile trading app.
The various advantages of using Farsight Securities Trading Platforms are as follows:
- It provides portfolio details to customers
- Customers can get news flash
- Online mutual funds can be bought easily
- The software can be installed easily
- Availability of prices of global indices
- Get personalized stock market tips
- Sms alerts and email alerts are available for selected stocks
- The values of live markets are available
Farsight 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 can support both online and offline trading. Email support is also available for company stocks. There are 7 branches available in the company.
Customers can make use of relationship managers for help.
Farsight Securities Complaints and Feedback
Find the list of complaint against Farsight Securities
Lodged in BSE | 0 |
Resolved in BSE | 0 |
Lodged in NSE | 1 |
Resolved in NSE | 1 |
There is only one complaint that has been logged in both NSE and BSE. The complaint has been resolved. The percentage of the number of complaints that have been received against the number of active clients is 0.
Farsight Securities Disadvantages
There are some disadvantages present in the company. However, the number of advantages far outweigh the cons. The disadvantages include:
- No 24X7 support
- Chat support is not available
- No toll-free numbers are available
Farsight Securities Conclusion
Farsight securities have the best financial services in the country. It has satisfied customers and excellent facilities. The charges for the customers are very less.
You can make use of the internet to get real-time information. Farsight Securities provides promising services. It is an excellent platform for beginner investors.
Open Demat Account with Farsight Securities
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