Microsec Capital Review, Brokerage Charges, Demat A/C, Platforms & more

Microsec Capitals is an Indian financial trading firm operated by Narnolia Financial Advisors Ltd that boasts of an established Equity Research and Wealth Management.

In this article, we will dig deep into their efficiency and carry out Microsec capitals review on the basis of their product / service offerings, their discount / giveaway offers, their overall charges for service provision and the effectiveness of all the Demat and trading platforms they offer.

Microsec Capital Ratings & Review by Top10StockBroker

About Microsec Capital

Microsec Capitals was founded in the year 1995 by Mr. Banwari Lal Mittal in Kolkata, West Bengal.

The firm lays down emphasis on four core values that is, Knowledge, Commitment, Trasparency and Partnership.

With their belief in ‘Object Oriented Investment’ and an experience of over two decades, they have proven to be a worthy SEBI registered Portfolio Manager and a Manager to Alternative Investment Funds (AIF).

Open Demat Account with Microsec Capital

Microsec Capital Brokerage Charges

The table above, gives a perfect description of Microsec Capitals’ brokerage charges that are imposed up on its registered traders.

The firm charges 0.16% for Equity delivery Trading, 0.16% per lot for Equity Options Trading, 0.02% for Equity Futures Trading and Currency Futures Trading and Rs. 10 per lot on Currency Options Trading.

The firm does not charge anything for Commodity Options Trading. Moreover, a annual maintenance charge of Rs.160 per annum is imposed for keeping Demat and trading accounts.

However, the registered traders do not need to have any margin money in order to be able to trade nonetheless.

Find Brokerage Charges of other Brokers

Microsec Capital Other Charges

The aforementioned table enlists all sorts of other charges that Microsec Capital imposes on its respective traders.

As you can see, they charge 0.126% of the total turnover as STT, 0.0002% of the total turnover as SEBI Turnover Charges and 18% on the sum of the brokerage and transaction charges as GST.

Apart from these, they also charge some amount in the form of Stamp Duty (which is rather a minimalistic amount and varies in accordance to the states) and 0.00313% of the total transaction value in the form of Transaction Charges.

Microsec Capital Demat Account Opening Fees

As you can clearly see in the aforementioned table, Microsec capitals does not charge any fee whatsoever from traders for opening up a Demat Account with them.

Moreover, the firm also doesn’t require its respective traders to maintain any sort of Margin Money on order to be able to trade.

However, they do charge a sum of Rs.160 in terms of annual maintenance charges for Demat and Trading Accounts respectively.

The Demat AMC Charges as well as the Trading AMC Charges can be paid to the firm through either of the depository sources that is CDSL or NSDI.

Microsec Capital Offers

As must be clear from the table above, Microsec Capitals has many attractive offers for its respective traders, some of which being the provision for opening a Free Demat Account, Discount on the overall Brokerage Charges and an array of Flexible Brokerage Plans.

Nevertheless, they do not have any offers related to Free Trading Account, Trading Happy Hours, 1 Month of Fee Brokerage, Holiday Offers, Referral Offers or Zero Brokerage for Loss Making Trades.

To know about offers of other stock brokers check below

How to Open a Demat Account with Microsec Capital?

If you are looking forward to have a Demat and Trading account with Microsec Capitals, then, this is all you will have to do:-

1. Click on the green button below that states ‘Open Demat Account’.
2. Carefully fill up the lead form that pops up next.
3. Net you need to complete the KYC procedure.
4. This will require you to have Aadhar Card, PAN Card, Age Proof, Identity Proof, Address Proof and one photograph.
5. Once you upload all the KYC related documents on to the website, a concerned authority from Microsec Capitals will get in touch with you for further verification.
6. As soon as the verification is complete, you will be authorized to operate your Demat account in the matter of a few hours.

Why Open Microsec Capital Trading Account?

Having a Demat and trading account is absolutely important in order to be able to trade independently.

However, there are more reasons why you should open up a Demat and Trading Account with Microsec:-

• They have been running consistently for over twenty years.
• They have some really amazing offers and discounts related to Brokerage Charges.

Get a Call back from Microsec Capital

Microsec Capital Products & Services

Here are the list of Products & Services provided by Microsec Capital –

Products Offered by Microsec Capital

As you can speculate after looking at the table mentioned above, Microsec Capitals’s Products includes a versatile roster of Equity Trading, Currency Trading, Options Trading, Futures Trading, Mutual Funds Trading, SIP Trading as well as Insurance Trading.

Nevertheless, they do not offer support for any sort of Commodity Trading, Forex Trading or Banking Services.

Microsec Capital Service Offerings

Microsec Capitals’ services constitute of the Demat Services, Trading Services, Intraday Services, Stock Recommendations alongside an overall Trading Exposure of upto six times than its counterparts.

However, it does not extend its services in terms of 3 in 1 Account, IPO Services, Robo Advisory, PMS or even Trading Institution.

Microsec Capital Research, Advisory and Stock Tips

Microsec Capitals’ research and advisory enlists a versatile and extensive list of Fundamental Reports, Company Reports, Annual Reports, Company Stock Overview, Free Stock Tips, IPO Reports, Daily Market Review, Monthly Reports, Weekly Reports, Offline Advisory and even a Relationship Manager.

Nonetheless, they do not provide any kind of services related to Research Reports or Top Picks.

Microsec Capital Exposure or Leverage

As must be clear from the table above, Microsec Capitals offer a huge exposure in the field of trading including two times exposure on Equity Deliver Trading, Equity Futures Trading and Commodities Trading, six times exposure on Equity Intraday Trading and Equity Options Trading.

Nevertheless, the exposure as provided by Microsec Capitals related to Currency Options Trading is 1 X.

Find Exposure or Margin of other Stock Brokers

Microsec Capital Trading Platforms

The trading platforms provided by the broking house are –

Microsec Capitals has been operating successfully for more than two decades and plans to do so for many more upcoming years.

This can be easily concluded after observing Microsec Capitals’ Trading Platforms that have a lot to offer for all of its registered traders.

Microsec Capital Trading Terminal

Microsec boasts of distributing an in-house developed software that goes by the name of Tejas EXE.

Tejas EXE is a Linux based trading platform for desktops compatible for Windows 7, 8 and 10 respectively and has been known for actively competing with its counterpart trading platforms, specifically for the Indian stock broking space.

The trading terminal has the following features:-

• It primarily focuses on providing a brilliant user interface.
• Terminal is developed to perform under optimized bandwidth consumption of as low as 40 kbps.
• It boasts the best in industry Live Broadcast with socket technology.
• This platform has been carefully integrated with NSE, BSE and MCX Exchange.
• It has been completely integrated with Research and Advisory.
• It also has integrated analytics with FNA strategy and various market scanners.

Microsec Capitals Web Browser Platform

Microsec Capitals uses Tejas-i for web based trading activities, which is a web version.

However, apart from all the attractive features exhibited by the Tejas Web, Tejas-i also showcases market overview with the help of proper heat maps and is secured using 256 bit encryption.

Microsec Capitals Mobile Trading App

Microsec Capitals is among the few Demat and Trading Services providing firms in India that has a dedicated mobile app based platform to offer to its registered traders.

They use the Narnolia – Online Share / Stock Trading App that exhibits the following features:-

• It is a 2 in 1 app that caters to all the trading and investing needs.
• This App lets the users to login as client or as guest and still access the world class equity research and advisory products that Microsec has to offer.
• The App boast of having the Technofunda analytics with Fundamental, Quant, Technical, Derivative Analytical features.
• App provides stock specific advisory to the users.
• It enables the users to access various training programs using all the research tools for free.

Microsec Capital Customer Care

Microsec Capitals’ customer care support is spread out across two hundred and eighty three branches throughout the nation and includes the provision of a Dedicated Dealer, Offline Trading Facility, Online Trading Facility and Extensive Email Support.

Nevertheless, they do not provide any Toll Free Number, Chat Support or 24 x 7 Support.

Microsec Capital Complaints and Feedback

Find the list of complaint against Microsec Capital –

The BSE has given clean sheet to Microsec Capitals in terms of any complaints for the financial year 2017-18.

However, there have been four distinct incidences in the BSE where a complaint was registered against Microsec Capitals within the previous year.

Nevertheless, all the complaints have been resolved without any exception. Furthermore, the percentage of complaints raised against the total number of active clients for Microsec capitals is indeed very low with only 0.04%.

Microsec Capital Disadvantages

Microsec Capitals has been actively serving its clients in the field of Demat and Trading. However, that does not make it perfect.

In fact, here are some flaws within the firm that you must keep an eye for:-

• It does not have provide any 24 8 7 support, which has become very crucial in the Trading industry today.
• It only has an overall of 3.2 rating by 110 clients despite the fact that it has been functioning for well over two decades.

Microsec Capital Conclusion

Microsec Capital has been active across 55 different locations throughout the country for well over two decades and has some really good trading platforms compatible for desktop, browser and android platforms, thereby making the access to instant trading easier for all its registered trader.

So, it can be a good choice for active traders as well as novices.

Open Demat Account with Microsec Capital

Find Reviews of other Stock Brokers

Featured Topics:

Top 10 Discount Brokers in India

Top 10 Full Service Brokers in India

Best Intraday Trading Brokers in India

Top 10 Sub Broker Partner in India

Best Stock Broker in India

Best Demat Account in India