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

Safal Capital (India) Limited also known as Safal Capital acts as the forefront for providing equity and derivative based trading services on behalf of the Safal Group of Companies, Ahmedabad.

Our article today is meant to describe in detail each and everything related to Safal Capital with regards to their mode of operation, set of financial products, roster of services, type of brokerage and taxes they levy, kind of trading exposure they give out, their hold on Research and Advisory based services and most importantly, the remote trading platform they have to offer to their respective clients.

In short, this article will serve as a guide for you to consider when thinking about to join Safal Capital as traders or as investors.

Mpse Securities offers


Safal Capital Customer Ratings & Review

Experience2.9/5
Products & Services3.4/5
Brokerage Charges & Fees3.1/5
Stock Research & Advisory3.3/5
Trading Platforms2.9/5
Overall Ratings3.2/5
Star Ratings★★★☆☆
Total Client Reviews346

 


About Safal Capital

Company TypePublic
Broker TypeFull Service Broker
HeadquartersIndore, MP
FounderShruti Jain (ED)
Established Year2000

Safal Capital

Safal Capital came into existence in the year 2000 when their founder Shruti Jain incorporated the company within the judiciary boundaries of Indore, Madhya Pradesh.

The company as of today is a registered member of the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited and works progressively towards providing their respective investors as well as traders from across the country with the best possible nonbanking and financial trading related services and consultancy.

Furthermore, the company is also a registered depository participant of the Central Depository or India Limited. They boast of their always growing business partners which, in the present accounts for more than hundred.


Open Demat Account with Safal Capital

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    1. Open Demat Account

    Safal Capital Brokerage Charges

    Equity Delivery Trading0.28%
    Equity Intraday Trading0.03%
    Commodity Options Trading0.03%
    Equity Futures Trading0.03%
    Equity Options TradingRs.28 per Lot
    Currency Futures Trading0.03%
    Currency Options TradingRs.18 per Lot
    Minimum BrokeragePercentage of Transaction
    Demat AMC ChargesRs.280 per Annum
    Trading AMC ChargesFree
    Margin MoneyMinimum Rs.10,000
    Brokerage CalculatorSafal Capital Brokerage Calculator

    We have tried to present the complete details about the kind of brokerage charges Safal Capital charges from the respective clients within the above mentioned chart.

    However, if you still had any doubts, then let us tell you that the company practically charges a brokerage percentage worth 0.03 % on Equity Futures Trading, Currency Futures Trading & Commodity options Trading.

    A brokerage percentage of 0.28 % on Equity Delivery Trading, brokerage percentage worth 0.03 % on Equity Intraday Trading, an amount of Rs. 28 per lot as brokerage on Equity Options Trading & an amount of Rs. 18 per lot as brokerage on Currency Options Trading.

    Apart from this, an additional fee of Rs. 280 every year with regards to maintaining of a Demat Account. Moreover, they also have made it mandatory for all of their clients to maintain a minimum Margin Money balance of Rs. 10,000 at all times.


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    Safal Capital Other Charges

    Transaction Charges0.00285%
    STT0.0126% of Total Turnover
    SEBI Turnover Charges0.0002% of Total Turnover
    Stamp DutyDepends on State (very minimal)
    GST18% of (Brokerage + Transaction Charges)

    As you must be able to conclude from the aforementioned table, Safal Capital is very strict about the added taxes they levy from their respective clients.

    They discretely charge 0.0002 % worth charge of the total turnover amount of their respective clients in terms of SEBI Turnover Charge, 0.0126 % worth charge of the total turnover amount as STT Charge.

    Other than this, 0.00285 % worth charge of the total turnover amount as Transaction Charges, 18 % GST worth the sum Transactions Charges and Brokerage from their respective clients.


     

    Safal Capital Demat Account Opening Fees

    Depository SourceCDSL & NSDL
    Account Opening ChargesRs.280
    Demat AMC ChargesRs.280 per Annum
    Trading AMC ChargesFree
    Margin MoneyMinimum Rs.10,000
    Offline to OnlineYes

    Anybody who wants to trade within the Indian Stock Trading Industry in welcomed to join Safal Capital as a trader or as an investor by merely paying a sum of Rs. 280 with respect to account opening charges.

    The fully integrated financial services provider and brokerage house also levies a charge of Rs. 280 per annum as the annual maintenance charge required for having a Demat Account.

    Their respective set of clients are also required to maintain a minimum Margin Money balance or Rs. 10,000 at all times so as to be able to trade in and trade out without any restrictions. All the transactions as mentioned earlier can be processed through NSDL or CDSL.


    Safal Capital Offers

    The basic offers provided to the Safal Capital customers are given below-

    Free Demat AccountNo
    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

    Taking a glance at the aforementioned table of contents will give you the exact and in depth understanding of all the offers with respect to stock trading, you can expect from Safal Capital.

    As must be clear from the chart, they have some exclusive offers with regards to Flexible Brokerage Plans, Free Trading Account and Holiday Offers.

    Nonetheless, if you are looking forward to avail offers regarding Zero brokerage on Loss Making Trades, One month of brokerage free trading, Referral Offers, Trading Happy Hours, Discount on Brokerage or even a Free Demat Account, then you will be looking at the wrong company.


    To know about offers of other stock brokers check below

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    How to Open a Demat Account with Safal Capital?

    If the description of Safal Capital as a full service brokerage house has been impactful for you and you want to join in the company as a trader or as an investor, then you have found yourself the perfect place.

    All you need to do is follow in the instructions as we have mentioned below and all other things will be taken care of and you will have opened up a new (Trading or Demat) account with the company in no time at all:-

    1. Locate and click on the green colored button that has a statement on it reading ‘Open Demat Account’. The button can be found right underneath this particular section.
    2. As soon as the new form consisting of a lot of questions pop up on your computer screen after clicking on the green button as mentioned before, read the entire document clearly including all the words, sentences and the paragraphs.
    3. Fill up all the areas within the form that requires information about you and specifically contain the mandatory mark.
    4. Once finished, move over to complete the KYC procedure and upload a copy of your Adhar Card, PAN Card, and your photograph to the website, thus helping the company to verify your age, address and identity respectively.
    5. You will receive a call from one of the company representatives who will help you out and take care of the last few formalities before handing you over the access to your new (Demat or Trading) account in a couple of hours.

    Why Open Safal Capital Trading Account?

    Well, there are numerous reason as how having a Trading or a Demat Account can make you rich, but we will stick precisely to the ones that can help you decide if you should be choosing Safal Capital as your non banking financial services provider and brokerage house to engage with:-

    • They have more than one hundred business partners, which tell rather well how proficient they are at their respective job.
    • They are a full service providing brokerage firm with a huge roster of financial products to offer to their respective clients.

    Get a Call back from Safal Capital

      Fill Your Details Here
      1. Open Demat Account

      Safal Capital Products & Services

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

      Products Offered by Safal Capital

      Equity TradingYes
      Commodity TradingYes
      Currency TradingYes
      OptionsYes
      FuturesYes
      Mutual FundsYes
      ForexNo
      BankingNo
      SIPYes
      InsuranceYes

      As you can see that we have already drafted all the financial product segments that Safal Capital has to provide to their respective investors as well as traders hailing from across the nation within the chart as mentioned above.

      If you take a closer look at the chart, you will notice that the company has got financial products with regards to Mutual Funds, Insurances, Systematic Investment Plans, Options Trading, Futures Trading, Equity Intraday Trading, Equity Delivery Trading, Currency Trading and Commodities Trading respectively.

      Safal Capital Service Offerings

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

      The aforementioned table has been drafted so as to give you a proper understanding of the type of services related to stack based trading you can expect from Safal Capital.

      As you can see from the table, they lay down extensive services with regards to Initial Public Offerings, Intraday Services, Stock Recommendations, Trading Services and Demat Services with up to a trading exposure of six times as compared to the average provision.


       

      Safal Capital Research, Advisory and Stock Tips

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

      Even a short glance at the table of contents that has been mentioned above will help you understand in depth about Safal Capital’s roster of Research and Advisory Services.

      You must already have been able to conclude that they provide discrete services with respect to Relationship Manager, Offline Advisory, Weekly Reports, Monthly Reports, Daily Market Review, Initial Public Offering Reports, Company Stock Reviews and Research Reports.


      Safal Capital Exposure or Leverage

      Equity DeliveryUpto 3X
      Equity IntradayUpto 6X
      Equity FuturesUpto 1X
      Equity OptionsUpto 5X
      Currency FuturesUpto 4X
      Currency OptionsUpto 6X
      CommoditiesUpto 5X
      Margin CalculatorSafal Capital Margin Calculator

      As you can observe within the chart that we have presented to you in the section right above this segment, Safal Capital provides their respective investors as well as traders with an additional trading exposure of upto 1X on Equity Futures Trading.

      Upto 6X exposure on Currency Options Trading, upto 5X on Commodities Trading, upto 4X on Currency Futures Trading, upto 5X on Equity Options Trading, upto 6X on Equity Intraday Trading and upto 3X on Equity Delivery Trading.


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      Safal Capital Trading Platforms

      The Safal Capital is the largest stockbroking house available across the country. It’s offerings has made the company popular in the stock market.

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

      Safal Capital has three distinct trading platforms to grant access to their respective customers and traders:-

      Safal Capital Trading Terminal

      The platform has been developed in Exe platform and has these features to list a few:-

      • Ability to showcase multiple trading related tools and information within one screen.
      • Friendly user interface helps the user to operate smoothly and make hassle free trades.

      Safal Capital Mobile Trading App

      The mobile based trading platform has been developed to be compatible with both Android as well as IOs devices. The app has these features:-

      • Ability to perform in lower bandwidths, thus enabling trades possible from even the areas that does not have proper data connectivity.
      • The ability to transfer stocks with the command of a few clicks.

      Safal Capital Web Based Trading Platform

      This platform consists of all the features of the terminal based version along with the ability to be used without having to be installed within a respective computer.


      Safal Capital Customer Care

      Dedicated DealerYes
      Offline TradingYes
      Online TradingYes
      24*7 SupportNo
      Email SupportYes
      Chat SupportNo
      Toll Free NumberNo
      Branches8

      Having a network of 8 branches scattered strategically throughout Indian, Safal provides their respective customers with Email Support, Dedicated Dealers, Online Trading and Offline Trading facilities.


      Safal Capital Complaints and Feedback

      Find the list of complaint against Safal Capital:

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

      Only one complaint was received as well as resolved against the brokerage house within the NSE last year.


      Safal Capital Disadvantages

      As with amazing and expressive advantages, the company is associated with some sort of disadvantages also which are listed below-

      • The company does not offer flexibility in offering mobile application trading platform.
      • Do not offer 3 in 1 account facility to the users.

      Safal Capital Conclusion

      Safal Capital is indeed a good firm to start one’s stock trading career with. However, they might not prove to be equally well on the long run.


      Open Demat Account with Safal Capital

        Fill Your Details Here
        1. Open Demat Account

         

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