Khandwala Securities Review, Brokerage Charges, Demat A/C, Platforms & more
Last Updated Date: Dec 01, 2022Khandwala Securities has the expertise of several decades and today it is ranked as one of the most reputed brokerage houses in the country. They have inherited a tradition which is built on relationship, performance, and trust.
They are looked upon as the new-age, global financial world of High-Performance Transactions.
This is a complete Khandwala Securities brokerage review which includes every intricate details of the company whether it is their brokerage plans or the offers or the trading platforms and even the complaints lodged against them. You can get the facts and detailed analysis of the same in this review.
Khandwala Securities Ratings & Review by Top10StockBroker
Experience | 3.4/5 |
Products & Services | 3.1/5 |
Brokerage Charges & Fees | 3.3/5 |
Stock Research & Advisory | 3.0/5 |
Trading Platforms | 3.2/5 |
Overall Ratings | 3.2/5 |
Star Ratings | ★★★☆☆ |
The above results state that Khandwala Securities have done an outstanding performance. Their average rating in every category is above 3/5 which in itself is mind-blowing.
Their performance is speaking for themselves and assures you that this broker has that spark which could help you deal smartly with your investments.
About Khandwala Securities
Company Type | Private |
Broker Type | Full Service Broker |
Headquarters | Mumbai, Maharashtra |
Founder | Paresh J. Khandwala |
Established Year | 1934 |
Khandwala Securities is a Private Company was laid by Mr. Paresh J. Khandwala in the year 1934.
The registered office of this Full-Service Broker is in Mumbai, Maharashtra. The broking house is a depository participant of both CDSL & NSDL.
Open Demat Account with Khandwala Securities
Khandwala Securities Brokerage Charges
Khandwala Securities has a very reputed name among the traders in the industry. Their brokerage charges are conveniently affordable for one and all. Here below are the Brokerage details for your perusal:
Equity Delivery Trading | 0.35% |
Equity Intraday Trading | 0.04% |
Commodity Options Trading | 0.04% |
Equity Futures Trading | 0.04% |
Equity Options Trading | Rs.35 per Lot |
Currency Futures Trading | 0.04% |
Currency Options Trading | Rs.35 per Lot |
Minimum Brokerage | Percentage of Transaction |
Demat AMC Charges | Rs.500 per Annum |
Trading AMC Charges | Free |
Margin Money | Minimum Rs.15,000 |
Brokerage Calculator | Khandwala Securities Brokerage Calculator |
The brokerage charges you have to pay for trading equity delivery segment with this broker is 0.35% on each trade and then the other segments are charged at 0.04% as you can refer to the table above.
This is a little bit on the higher side if you compare with the other brokers. The charges for trading one lot of options be it equity or currency, is Rs. 35.
Find Brokerage Charges of other Brokers
Religare Securities | Shri Parasram Holdings | Sushil Finance | Ventura Securities |
SAMCO | Shriram Insight | Swastika Investmart | Way2Wealth |
SAS Online | SMC Global | Tradebulls | Yes Securities |
Khandwala Securities Other Charges
Transaction Charges | 0.00300% |
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 government has imposed a few sets of charges that are required to be paid compulsorily at the time of any transaction.
These fixed charges include – STT at 0.0126%, SEBI Turnover at 0.0002%, Stamp Duty and GST at 18% on the total of brokerage and transaction charges of one particular transaction.
The government has allotted a fixed percentage to each of these charges in their guidelines. One cannot bargain for any of these charges.
Please note you will have to pay 0.00300% as the Transaction charge to this Broker.
Khandwala Securities Demat Account Opening Fees
Depository Source | CDSL & NSDL |
Account Opening Charges | Rs.250 |
Demat AMC Charges | Rs.500 per Annum |
Trading AMC Charges | Free |
Margin Money | Minimum Rs.15,000 |
Offline to Online | Yes |
You can open a Demat account and trading account with them by paying only Rs.250 per annum. The Margin Money that needs to be paid to them is Rs. 15,000.
The amount of annual maintenance fee is comparatively too high at Rs.500 per year for the Demat account though for the trading account there is no AMC applicable.
Khandwala Securities Offers
Free Demat Account | No |
Free Trading Account | Yes |
Discount on Brokerage | No |
Trading Happy Hours | No |
Flexible Brokerage Plans | No |
1 Month Brokerage Free | No |
Holiday Offers | Yes |
Referral Offers | Yes |
Zero Brokerage for Loss Making Trades | No |
You cannot open a Free Demat Account with this broker. However, the broker grants the facility of opening a free Trading account to their investors.
The clients can avail the benefit of Holiday Offers and Referral Offers from this Full-Service Broker.
To know about offers of other stock brokers check below
How to Open a Demat Account with Khandwala Securities?
Opening a Demat Account with Khandwala Securities is very simple.
The account can be opened by visiting any one of their nearby branch offices or by making an online application by just filling up the Demat registration form below.
- At the time of filling up the form, kindly note that you are entering all your details like Name, Date of Birth, Address, Contact details, etc very accurately.
- Post which you are required to upload all your KYC documents like PAN, Voter ID, Address proof, AADHAAR and others.
- You will receive a call from the executives of the firm for further verification once they receive your application and uploaded documents.
- Get set ready to have your Demat Account activated with Khandwala Securities within a short span of time about 1-2 hrs post the verification process.
Why Open Khandwala Securities Trading Account?
Kindly note that it is only by opening a Trading Account you will have the access to trade in the stock market. Having a Demat Account simply means that your shares are in safe custody.
But as just custody is not enough a transaction is equally essential and that is only possible through a Trading account.
Khandwala Securities enables you to choose from their vast number of offers that are hassle-free and has easy trading platforms when it comes to trade.
Various reasons to open Khandwala Securities Trading Account are –
- This brokerage company has a very good understanding of business drivers like Market Dynamics and Operations.
- They are very strong service differentiates in terms of Investment and Trading Strategies.
- The broking house have the ability to identify the structure and implement unique investment strategies.
- They firmly work towards Structuring Product Innovations.
- This broker aims towards Understanding the scope of customer’s investment objectives and tries its best in Identifying Customer Needs.
- They work in the direction of Evolving Investment Strategies that are supporting investment objectives and thus they bring out Customer Oriented Offerings for the clients.
- Stock broker emphasize in executing investment strategies that meet customer’s return objectives thereby trying towards Maximizing Valuations.
- Another advantage of having this broker on board is his ability to use proven strategies for multiple assets/markets and then monetizing the strategies accordingly.
- They ensure a very deep customer engagement and market penetration to their investors.
Get a Call back from Khandwala Securities
Khandwala Securities Products & Services
Here is the list of Products & Services offered by Khandwala Securities
Products Offered by Khandwala Securities
Equity Trading | Yes |
Commodity Trading | Yes |
Currency Trading | Yes |
Options | Yes |
Futures | Yes |
Mutual Funds | No |
Forex | No |
Banking | No |
SIP | No |
Insurance | No |
The above-mentioned trading and investment products can be availed from Khandwala Securities to boost your trade.
Having associated with this trader you need not go elsewhere for opening distinct accounts with other fiscal units and maintaining different accounts.
Khandwala Securities 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 |
Demat Services, Trading Services, Intraday Services, and IPO Services are offered by Khandwala Securities.
The firm seems to offer only the basic services but to compete in the market it should increase the number of services and include other advanced services.
Khandwala 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 | Yes |
Top Picks | Yes |
Daily Market Review | Yes |
Monthly Reports | Yes |
Weekly Reports | Yes |
Offline Advisory | Yes |
Relationship Manager | Yes |
Several Research Reports like Free stock Tips, IPO Reports, Top Picks, Daily Market Review, Monthly Reports, Weekly Reports, and Offline Advisory are offered by this Full-Service Stockbroker.
This broker also offers the services of a Relationship Manager.
Khandwala Securities Exposure or Leverage
Equity Delivery | Upto 2X |
Equity Intraday | Upto 5X |
Equity Futures | Upto 4X |
Equity Options | Upto 5X |
Currency Futures | Upto 2X |
Currency Options | Upto 2X |
Commodities | Upto 2X |
Margin Calculator | Khandwala Securities Margin Calculator |
Khandwala Securities provides leverage up to 5X to its clients for the intraday segment.
The level exposure which is provided in Equity Intraday can be termed as reasonable and for the other segment like Equity Futures for which the leverage is up to 4 times and Equity Options which is up to 5X can be considered as good.
However, for the rest of the segments the like commodities, currencies the leverage is only till 2 times.
Find Exposure or Margin of other Stock Brokers
ISE Securities | Lakshmishree Investment | Marfatia Stock Broking | Indbank Online |
JK Securities | LFS Broking | Indianivesh Securities | India Advantage |
Joindre Capital | LKP Securities | Maverick Brokers |
Khandwala Securities Trading Platforms
Every single detail about the different types of trading platforms offered by Khandwala Securities to its consumers can be checked out from the table below
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 |
The above table clearly mentions the different types of platforms that are offered by Khandwala Securities.
Khandwala Securities Trading Terminal
The desktop-based trading platform is designed for the Windows and the MAC users.
The terminal is strategically designed and developed with the newest technologies to help the new-age traders to meet their trading requirements.
- You can track your portfolio by adding any number of scrips to it which you have in your kitty
- Market watch is completely tailored made as in you can set all the scrips of the stocks you want to monitor all day long
- There are real-time updates and market data available on your screen as well as news of the stock market which can be crucial to your trading
- You can set email alerts for various updates and trading
Khandwala Securities Web-based Trading Platform
The online trading platform or web-based trading platform is yet to be developed by the firm. As per the need of the market, hope it develops and offers it soon.
Khandwala Securities Mobile Trading App
The mobile application provided by Khandwala Securities for trading is an application that you have to download like any other apps.
Once you install it on your Android or iOS operated mobile you can –
- Track the live markets on your phone
- See charts and technical indicators and use them to analyze your portfolio
- Trade with few clicks
- Set alerts for trading news and updates
Khandwala Securities Customer Care
This broking company offers the below-mentioned networks of communications to its users
Dedicated Dealer | No |
Offline Trading | Yes |
Online Trading | Yes |
24*7 Support | No |
Support Number | – |
Email Support | Yes |
Chat Support | No |
Toll Free Number | No |
Branches | 13 |
You can seek Offline and Online Trading support from this broker. This company also gives you the facility to shoot an email on their customer services email id for any assistance required.
You can come across with various branches of Khandwala Securities in major parts of the country. They have in all 283 branches for you to go and visit if needed to resolve your doubts.
Khandwala Securities Complaints and Feedback
On occasions, there are many complaints that have been raised against Khandwala Securities. You can check the list from the table below –
Lodged in BSE | 0 |
Resolved in BSE | 0 |
Lodged in NSE | 2 |
Resolved in NSE | 2 |
In the year 2018-19, there was not even a single complaint that was lodged against Khandwala Securities in BSE.
However, Only 2 complaints were lodged against them in NSE and the same was resolved immediately without any delay.
If you check the number of grievances as a percentage it would only be 0.04% of the active traders of the company.
Khandwala Securities Disadvantages:
The various cons of the broking house are –
- There is no three in one account available
- No web-based platform for trading is available
- Exposure level provided is too low
Khandwala Securities Conclusion
Khandwala Securities has created a niche for itself by providing innovative solutions to its clients. They are one of the oldest broking houses in the country.
The primary focus of this broker is to create and maintain relationships with both Domestic Institutional Investors and Foreign Institutional Investors across geographies.
Their team focuses on placing the interest of the client first and then to perform every transaction with competence, objectivity, and prudence.
Open Demat Account with Khandwala Securities
Find Reviews of other Stock Brokers
Just Trade | LSE Securities | Fyers | Indira Securities |
Kalpataru Multiplier | Maheshwari Financial | Elite Wealth | Inditrade Capital |
Kantilal Chhaganlal Securities | Mandot Securities | Finvasia | Indus Portfolio |
Most Read Articles