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PCS Securities Review, Brokerage Charges, Demat Account & more

PCS Securities is a reputed name in stockbroking industry. Their success lies in the consistency they deliver in each service they offer.

With a wide array of trading services and compelling user experiences, they have managed to establish 288 branches all across India.

They deliver useful assistance in Trading platforms and offers an aggressive brokerage fee. PCS Securities have 110 customer reviews that display the consistency they have shown for the last 15 years.

They are undoubtedly one of the best stockbroker companies in India right now.

Pcs Securities offers


PCS Securities Customer Ratings & Review

Experience3.4/5
Products & Services3.1/5
Brokerage Charges & Fees3.3/5
Stock Research & Advisory3.0/5
Trading Platforms3.2/5
Overall Ratings3.2/5
Star Ratings★★★☆☆
Total Client Reviews110

 


About PCS Securities

Company TypePrivate
Broker TypeFull Service Broker
HeadquartersHyderabad, Telangana
FounderK. C. Shrimal
Established Year2004

PCS Securities

Mr K. C. Shrimal had a vision of creating a business empire in the stockbroking industry.

Therefore, he founded PCS Securities in the year 2004 at Hyderabad, the capital city of the new form state Telangana.

The perfection they have shown during the advancement of technology is worth noticing.

That is why they are successful and a noteworthy name in the stockbroking industry.


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PCS Securities Brokerage Charges

Equity Delivery Trading0.2% – 0.5%
Equity Intraday Trading0.02% – 0.05%
Commodity Options Trading0.02% – 0.05%
Equity Futures Trading0.02% – 0.05%
Equity Options TradingRs.20 – Rs.50 per Lot
Currency Futures Trading0.02% – 0.05%
Currency Options TradingRs.10 – Rs.25 per Lot
Minimum BrokeragePercentage of Transaction
Demat AMC ChargesFree
Trading AMC ChargesFree
Margin MoneyZero Margin
Brokerage CalculatorPCS Securities Brokerage Calculator

PCS Securities offer dynamic brokerage fees. They charge between 0.2% – 0.5% for Equity Delivery trading which is industry standard.

For Equity Intraday, Commodity Options, Equity Futures and Currency Futures trading their brokerage fee ranges between 0.02% – 0.05% respectively.

The cost for Equity Options trading they charge between Rs.20 – Rs.50 per Lot, whereas Currency Options trading they charge between Rs.10 – Rs.25 per Lot. PCS Securities offers zero Margin Money.


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PCS Securities Other Charges

Transaction Charges0.00315%
STT0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)

Every trader has to bear some additional fees namely the Transaction fee of 0.00315%, the STT of 0.0126% on Total Turnovers and SEBI Turnover fees of 0.0002% on Total Turnovers.

On top of that, a variable Stamp Duty fee depending on the state where a trader is along with 18% GST. The transaction value along with the brokerage fee is the final amount the traders have to pay.

However, these additional fees are nominal and hence, will not affect the profit margin much.


 

PCS Securities Demat Account Opening Fees

Depository SourceCDSL & NSDL
Account Opening ChargesFree
Demat AMC ChargesFree
Trading AMC ChargesFree
Margin MoneyZero Margin
Offline to OnlineYes

PCS Securities offers 100% free Demat opening with its AMC. The same goes for Trading account along with its AMC. Both the account provides Offline to Online support.


PCS Securities Offers

Free Demat AccountYes
Free Trading AccountYes
Discount on BrokerageNo
Trading Happy HoursNo
Flexible Brokerage PlansYes
1 Month Brokerage FreeNo
Holiday OffersYes
Referral OffersNo
Zero Brokerage for Loss Making TradesNo

What makes PCS Securities so compelling is they offer free Demat and Trading account opening. The AMC for both the account is free as well.

Although they don’t provide any Discount on Brokerage fees, they provide Flexible Brokerage Plans to make it up. No “Happy Hours” or Referral offers but provides special Holiday offers to privileged trading associates.

They don’t provide any discount or rebate on the brokerage fee if any trader fails to earn a profit or suffer a loss.


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How to Open a Demat Account with PCS Securities?

With PCS Securities, Demat account opening is very simplistic and quick. They claim they will open the account in just 30 mins. Meanwhile, these are the steps to open the account:

  • Please click on “Open Demat Account” button below. Fill up your name, mobile no. & city.
  • Then the traders have to fill up the preliminary registration form with correct data.
  • After that, the traders must submit the necessary KYC documents which are mentioned.
  • Once they accept the documents, they will generate the login credential to start trading.

Why Open PCS Securities Trading Account?

Without a Trading account, no trader is allowed to do stock or commodity trading. A Trading account also shields the purchased stocks.

So, here are some reasons why a trader should open their Trading account with PCS Securities:

  • PCS Securities offers a free Demat account with AMC.
  • PCS Securities offers a free Trading account with AMC.
  • They offer a consistent user experience.

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PCS Securities Products & Services

Here are the list of Products & Services provided by PCS Securities –

Products Offered by PCS Securities:

Equity TradingYes
Commodity TradingYes
Currency TradingYes
OptionsYes
FuturesYes
Mutual FundsNo
ForexNo
BankingNo
SIPNo
InsuranceYes

PCS Securities provide consistent services in Equity Trading, Commodity Trading, Currency Trading, Options and Futures.

They have not initiated any activities related to Mutual Funds, Forex, SIP and Banking. However, they offer excellent Insurance schemes.

PCS Securities Service Offerings:

Demat ServicesYes
Trading ServicesYes
3 in 1 AcountNo
Intraday ServicesYes
IPO ServicesYes
Stock RecommendationsYes
Robo AdvisoryNo
PMSNo
Trading InstitutionNo
Trading ExposureUpto 6X

It has been discussed a few times that PCS Securities free Demat account along with its AMC. The same goes for Trading account along with its AMC.

What’s interesting is even though they are not a Trading Institution, they still manage to deliver Trading exposer up to 6x.

Although they don’t provide Robo Advisory and PMS, they offer consistent services in Intraday and IPO services with perfect Stock Recommendations.


 

PCS Securities Research, Advisory and Stock Tips

Fundamental ReportsYes
Research ReportsYes
Company ReportsNo
Annual ReportsNo
Company Stock ReviewNo
Free Stock TipsYes
IPO ReportsNo
Top PicksYes
Daily Market ReviewYes
Monthly ReportsYes
Weekly ReportsYes
Offline AdvisoryYes
Relationship ManagerYes

PCS Securities delivers reliable stockbroking services that add excellent user experience. Here is a list what they provide:

  • They provide Fundamental reports
  • They provide Research reports
  • Free Stock tips
  • They suggest Top picks
  • Daily Market review is available
  • Weekly & monthly reports are delivered
  • They offer Offline Advisory
  • Relationship Managers are provided to clients

PCS Securities Exposure or Leverage

Equity DeliveryUpto 2X
Equity IntradayUpto 6X
Equity FuturesUpto 2X
Equity OptionsUpto 4X
Currency FuturesUpto 2X
Currency OptionsUpto 2X
CommoditiesUpto 2X
Margin CalculatorPCS Securities Margin Calculator

PCS Securities offers Equity Delivery exposer or leverage of just up to 2x which is not much compared to other companies.

They provide Equity Futures, Currency Futures, Currency Options and Commodities at the rate of up to 2x which is again below par.

They did try to compensate by delivering Equity Intraday exposer or leverage ratio up to 6x. The Equity Options is decent too – up to 4x.


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PCS Securities Trading Platforms

PCS Securities managed to deliver quality trading platform experience. Here is a list what they provide:

Desktop Platform – WindowsYes
Desktop Platform – MacYes
Desktop Browser PlatformYes
Mobile Site PlatformNo
Android App PlatformYes
iOS App PlatformYes
Windows App PlatformNo
Other Mobile OS PlatformNo
Real time UpdatesYes
Portfolio DetailsYes
Online MF BuyNo
News FlashNo
Research ReportsYes
Easy InstallationYes
Global IndicesYes
Stock TipsYes
Personalized AdvisoryNo
Interactive ChartsYes
Live MarketsYes
SMS AlertsYes
Email AlertsYes
Multi Account ManagementNo

PCS Securities Trading Terminal

PCS Securities delivers an easy installation desktop application to its trading associates, designed for both Windows and Mac users.

Apart from the necessary options like real-time updates or Global indices, they also provide Interactive Charts and Live Markets updates. The application lacks Online MF Buy and News Flash options.

PCS Securities Web Trading Platform

PCS Securities believes in delivering convenient trading experience. That is why they are not reluctant to keep their Browser based trading platform in operation.

It has all the functionalities that constitute the best user experience.

PCS Securities Mobile Trading App

PCS Securities offers a fully functioning mobile app for uninterrupted trading services. The app comes in both Android and iOS, available on their website and in Google Playstore.

The app has SMS notifications and email alerts to assist the traders. The only feature that is unavailable in the app is the Multi-Account Management option.


PCS Securities Customer Care

Dedicated DealerYes
Offline TradingYes
Online TradingYes
24*7 SupportNo
Email SupportYes
Chat SupportNo
Toll Free NumberNo
Branches283

With 283 branches scattered all around the country, PCS Securities delivers uncompromising customer support.

They operate via dedicated dealers who provide the best customer support ideally suited to the stockbroking industry. They provide Offline and Online support.

However, no 24×7 service, chat support or Toll-free number assistance, but the email service is carefully crafted to service customers efficiently and swiftly.


PCS Securities Complaints and Feedback

Find the list of complaint against PCS Securities:

Lodged in BSE0
Resolved in BSE0
Lodged in NSE1
Resolved in NSE1
Percentage of No. of Complaints Received Against Number of Active Clients0.11

No such massive complaints against PCS Securities. Just a little here and there, a couple of issues from NSE which was dealt with a professional attitude.

Their Percentage of No. of Complaints Received Against Number of Active Clients is 0.11% which is exceptional compared to other stockbroking companies.


PCS Securities Disadvantages:

The point has discussed before that PCS Securities is very consisting of the services they provide. Here are some drawbacks that they should take into consideration:

  • Relatively low Exposer or Leverage Ratio.
  • The dynamic Brokerage Charge & Fees are often treated negatively.
  • The lack of Company Reports, Annual Reports and Company Stock Review in Research & Advisory services.

PCS Securities Conclusion

PCS Securities is in the stockbroking industry for 15 years now.

They have been enlisted as one of the best stockbroker company in India, mainly because of the level of dedication they displayed over the years. Another factor is their consistency.

With excellent versatile trading platforms, a dedicated support team and amazing user experience, we can say PCS Securities is arguably the most trustworthy stockbroker company in India right now.


Open Demat Account with PCS Securities

Fill Your Details Here
  1. Open Demat AccountBecome Sub Broker

Featured Topics:

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Top 10 Sub Broker Partner in India

Best Stock Broker in India

Best Demat Account in India

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