Maverick Brokers Review, Brokerage Charges, Demat Account & more

Maverick Brokers is a full-service broker and is most preferable company among the people.

This article is about Maverick Brokers review with an in-depth analysis of the company like its brokerage charges, offers, demat account opening process, trading platforms, customer care service & more.

Maverick Brokers Ratings & Review by Top10StockBroker

About Maverick Brokers

Ramesh Kumar Mantri is the founder of Maverick Brokers company. They are established in the year 2000 and is a private company.

They are full-service broker and headquarters are located in Jaipur, Rajasthan.

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Maverick Brokers Brokerage Charges

Maverick Brokerage charges are as follows. The company charges 0.28% for equity delivery trading, 0.03% for equity intraday trading and equity futures trading. They charge 0.03% for currency futures trading.

The company charges Rs. 150 per annum for opening Demat AMC account while opening a trading AMC account is free.

They offer Rs. 28 per lot for equity options trading and Rs. 18 per lot for currency options trading. A minimum of Rs. 1,000 margin money is required to start trading.

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Maverick Brokers Other Charges

The company charges 0.00333% per each transaction.

They charge 0.0126% of total turnover for STT and 0.0002% of total turnover for SEBI turnover charges. GST charges, i.e., 18% includes both Transaction and Brokerage charges.

Stamp duty may differ depending on the state rules.

Maverick Brokers Demat Account Opening Fees

CDSL and NSDL are the two depository sources available to deposit money. The company charges Rs. 300 for opening a new account.

They charge Rs. 150 per annum for Demat AMC account and Trading AMC account is free to open. Minimum margin amount required is Rs. 1000 for starting trading.

Maverick Brokers Offers

Maverick Brokers company offers to their clients and customers are as follows.

• Free trading account
• Discount on brokerage
• One-month brokerage free
• Flexible brokerage plans

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How to Open a Demat Account with Maverick Brokers?

Interested people can follow these steps in order to open a Demat account in the company.

• Start with clicking on the green button below which says “Open Demat Account”
• A Pop-up form will appear, fill up your name, mobile no. & city so that Maverick executive can contact you.
• Submit all the required documents to complete your KYC
• Documents like your identify proof, photograph, address proof , PAN card will be required to upload while opening your account.
• Once you are done with this, you will be registered with the firm, but the account won’t be active yet.
• Within no time, you will get a call from one of the agents of the company about in-person verification
• After this is done, Demat account will be activated, and you can start trading

Why Open Maverick Brokers Trading Account?

People who want to do trading are there to earn some money for themselves.

In this scenario, the software provided by the company should not malfunction at any cost. Customer service must be responsive. The company must be helpful and provide sufficient information to their users.

All these qualities apply to Maverick Brokers company. That’s why people should open a trading account with Maverick Brokers.

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Maverick Brokers Products & Services:

Here are the list of Products & Services provided by Maverick Brokers –

Products Offered by Maverick Brokers:

Maverick Brokers products are:

• Equity trading
• Currency trading
• Options
• Futures
• Insurance

Maverick Brokers Service Offerings:

Maverick Brokers services are as follows.

• Demat and trading services
• IPO services
• Intraday services
• Trading exposure up to 6X

Maverick Brokers Research, Advisory and Stock Tips

The support provided by the company towards their users and clients are as follows.

• Research reports
• Offline Advisory
• Relationship manager
• Free stock tips

Maverick Brokers Exposure or Leverage

The exposure gained by products may vary and here are the details of how much exposure each product gets.

• Equity Delivery up to 2X
• Currency Futures up to 2X
• Equity Futures up to 3X
• Commodities up to 2X
• Currency options up to 4X
• Equity options up to 5X
• Equity Intraday up to 6X

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Maverick Brokers Trading Platforms

The trading platforms provided by the company are as follows –

Maverick Brokers Trading terminal:

The company provides trading software. Users can download it from the official website. After downloading and installation, sign in with the credentials. The User interface is minimal and user-friendly.

The developers have put tremendous effort into making the interface as light as possible and provide all options without users being confused. Users can do he following things from the trading software.

• Know real-time values on stocks
• Get Stock tips at regular intervals
• Can place Email and SMS alerts never to miss updates and much more

Maverick Brokers web trading platform:

In general, most of the people prefer software for trading. But if users are nowhere near their PC or laptop’s and want to do trading, this option is for you.

All the latest browsers are supported. Visit the website, log-in with credentials and start trading. It is that simple. Be aware of auto saving personal data while logging in and make sure to log out.

Maverick Brokers Mobile Trading App:

Smartphones are part of our lives. They are handy in performing many tasks. Maverick Brokers mobile app for trading is also available.

A mobile site differs in user interface compared to the main website. It is because a website loads on a big screen and the mobile app is for smartphones.

Buttons, options, and menus are arranged accordingly so that mobile users will not face any trouble. Just like web platform, visit the mobile app from your smartphones, log in and can-do trading with ease.

Maverick Brokers Customer Care

Around 284 branches of Maverick Brokers Company are located in different parts of the world. Along with the services, customer care must be providing efficient services to satisfy customers. Some of them are as follows.

• Offline trading
• Online trading
• Email support
• Dedicated dealer

Maverick Brokers Complaints and Feedback

Find the list of complaint against Maverick Brokers –

During last year, only one complaint is lodged in NSE and it is resolved too. Other than this, there are no major complaints for this company.

Maverick Brokers Disadvantages:

Some of the disadvantages that disappoint users are as follows.

• No Referral offers
• No weekly and monthly reports
• Toll free number unavailable
• 24*7 support is not available

Maverick Brokers Conclusion

Overall, Maverick Brokers are a good choice to refer if you want to trade. Even if you are a first-time user or not experienced in this, customer service will respond to all queries of its users.

Relationship manager is also available and can be used when you are stuck at some point while trading.

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