Standard Chartered Securities Review, Brokerage Charges, Demat A/C & more
Last Updated Date: Jan 16, 2023Standard Chartered Securities or Standard Chartered Trade is a reputed Indian financial trading firm over 2.5 decades of work experience in trading support activities & services.
Here we are proving the complete details of the firm and about their product and services, Charges, Offers, exposures and overall efficiency of all the trading platforms.
A private firm providing such good benefits is tremendous. In below table we have provided a complete package of information a trader requires so have a look on the info stated below.
Standard Chartered 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 | ★★★☆☆ |
About Standard Chartered Securities
Company Type | Public |
Broker Type | Full Service Broker |
Headquarters | Mumbai, Maharashtra |
MD & CEO | Saurabh Jain |
Established Year | 1994 |
Standard Chartered Securities was started in the year 1994 and the MD & CEO of the company is Saurabh Jain.
The organization has its central command situated in Mumbai, Maharashtra and offering full brokerage services to every of its customers and clients inside.
It is stated Public organization which has total information of stocks and exchanges, and has numerous specialists in the field to support the organization and fulfill the customers.
Open Demat Account with Standard Chartered Securities
Standard Chartered Securities Brokerage Charges
Equity Delivery Trading | 0.2% – 0.5% |
Equity Intraday Trading | 0.02% – 0.05% |
Commodity Options Trading | 0.02% – 0.05% |
Equity Futures Trading | 0.02% – 0.05% |
Equity Options Trading | Rs.20 – Rs.50 per Lot |
Currency Futures Trading | 0.02% – 0.05% |
Currency Options Trading | Rs.10 – Rs.25 per Lot |
Minimum Brokerage | Percentage of Transaction |
Demat AMC Charges | Rs.310 per Annum |
Trading AMC Charges | Free |
Margin Money | Minimum Rs.15,000 |
Brokerage Calculator | Standard Chartered Brokerage Calculator |
The above table demonstrates the Standard Chartered Securities brokerage charges and Fees.
It appears about the charges enacted on the accompanying trade, for example, 0.2% – 0.5% charge on Equity Delivery Trading, 0.02% – 0.05% on Equity Intraday Trading, Commodity Options Trading, Equity Futures Trading and Currency Futures Trading.
Standard Chartered Securities additionally charges an entirety of Rs.10 – Rs.25 per Lot on Currency Options Trading and Rs.20 – Rs.50 per Lot on Equity Options Trading.
Other than this, there is a total of Rs.310 per annum is likewise charged as AMC charge for Demat Account & organization does not charge any Trading AMC Charges and it’s Totally Free.
Minimum Rs.15,000/- is required as Margin Money.
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Standard Chartered Trade Other Charges
Transaction Charges | 0.00305% |
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) |
As it is obviously shown in the above mentioned chart that Standard Chartered Securities, likewise forces some different charges, for example, 0.00305% as Transaction Charges, 0.0126 % of the turnover as STT, 0.0002 % of the complete turnover by SEBI.
The stock broker also levied 18% GST on all Brokerage + Transaction charges and an insignificant Stamp Duty is likewise charged according to the State guidelines.
Standard Chartered Securities Demat Account Opening Fees
Depository Source | CDSL & NSDL |
Account Opening Charges | Rs.310 |
Demat AMC Charges | Rs.310 per Annum |
Trading AMC Charges | Free |
Margin Money | Minimum Rs.15,000 |
Offline to Online | Yes |
The mentioned table tells us that the broking house has of CDSL and NSDL as Depository Source and its charges includes Rs.310 as Account Opening Charge and Rs.310 per annum as the Demat AMC Charges.
The company does not charge Trading AMC and its absolutely free, aside from these Margin Money limit is of Rs.15,000.
Standard Chartered Securities Offers
Free Demat Account | No |
Free Trading Account | Yes |
Discount on Brokerage | Yes |
Trading Happy Hours | No |
Flexible Brokerage Plans | Yes |
1 Month Brokerage Free | Yes |
Holiday Offers | No |
Referral Offers | No |
Zero Brokerage for Loss Making Trades | No |
As it is referenced in the above table, Standard Chartered Securities gives offers on Free Trading Account, Discount on Brokerage, Flexible Brokerage Plans & 1 Month Brokerage Free so whoever has these records can utilize it.
In any case, it doesn’t offer anything such as Free Demat Account, Trading Happy Hours, 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 Standard Chartered Trade?
If you need to open Demat Account with Standard Chartered Securities, then just read the details below and do what are asked and you can open your demat account.
- Click on green tab as ‘Open Demat Account’ in below section.
- Now read details with full care.
- Complete the required details as asked.
- Complete your KYC by submitting related documents and one photo.
- After the finalization of KYC documents by authorized personnel account is opened.
- Now, Access to your account after few hours of opening.
Why Open Standard Chartered Securities Trading Account?
Trading account does have much benefit that is why it is required –
- No Account opening fees for trading account.
- Trading AMC Charges are Zero
- Allows trading n multiple asset classes including Mutual Fund
- Provides in 3 in 1 account including savings a/c
- Offers multiple trading platforms for all devices & browsers
Get a Call back from Standard Chartered Securities
Standard Chartered Trade Products & Services
Here are the list of Products & Services provided by Standard Chartered Securities –
Standard Chartered Securities Products
Equity Trading | Yes |
Commodity Trading | Yes |
Currency Trading | Yes |
Options | Yes |
Futures | Yes |
Mutual Funds | Yes |
Forex | No |
Banking | No |
SIP | Yes |
Insurance | Yes |
List of all products is well noticeable from the above table that Standard Chartered Securities item list concludes Equity Trading, Commodity Trading, Currency Trading, Options, Futures, Mutual Funds, Insurance and SIP simply barring just Forex Trading and Banking administrations
Standard Chartered Securities Service Offerings:
Demat Services | Yes |
Trading Services | Yes |
3 in 1 Acount | Yes |
Intraday Services | Yes |
IPO Services | Yes |
Stock Recommendations | Yes |
Robo Advisory | No |
PMS | Yes |
Trading Institution | Yes |
Trading Exposure | Upto 6X |
Standard Chartered Securities do give many services, for example, Demat Services, Trading Services, PMS, Trading Institution and numerous others with Upto 6X Trading Exposure.
There are a large number of the trading services are accessible except some for example Robo Advisory.
Standard Chartered Research, Advisory and Stock Tips
Fundamental Reports | Yes |
Research Reports | Yes |
Company Reports | Yes |
Annual Reports | Yes |
Company Stock Review | Yes |
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 |
The association’s research and advisory contains a considerable lot of the supportive things, for example, Free Stock Tips, Fundamental Reports, IPO Reports, Daily Market Review, Weekly Reports, Annual Reports, Relationship Manager and all other marked as Yes in above table.
Standard Chartered Exposure or Leverage
Equity Delivery | Upto 2X |
Equity Intraday | Upto 6X |
Equity Futures | Upto 3X |
Equity Options | Upto 5X |
Currency Futures | Upto 3X |
Currency Options | Upto 1X |
Commodities | Upto 2X |
Margin Calculator | Standard Chartered Trade Margin Calculator |
Standard Chartered Securities is giving great presentation in the field of leverage, for example, Upto 6X limit on Equity Intraday, Upto 5X exposure on Equity Options.
The broking house provides Upto 3X limit on Equity Futures & Currency Futures, upto 2X on Currency Options, Equity Delivery and Commodities.
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Standard Chartered Trading Platforms
Here are the thorough details on various trading platforms offered by Standard Chartered to its consumers.
Desktop Platform – Windows | Yes |
Desktop Platform – Mac | Yes |
Desktop Browser Platform | Yes |
Mobile Site Platform | Yes |
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 | Yes |
News Flash | Yes |
Research Reports | Yes |
Easy Installation | Yes |
Global Indices | Yes |
Stock Tips | Yes |
Personalized Advisory | No |
Interactive Charts | Yes |
Live Markets | Yes |
SMS Alerts | Yes |
Email Alerts | Yes |
Multi Account Management | Yes |
The broking house provides multiple trading platforms to its users, lets discuss all of them in brief here –
Standard Chartered Securities Trading Terminal
Standard Chartered Securities Trading Terminal is very much settled stage accessible for trading. You can download and introduce portable application on your PC as any software so as to get successful outcomes.
A portion of the energizing highlights are-
- Trades become so basic, simple and compelling.
- These exchanging stages do spares time and work with great execution.
Standard Chartered Securities Web Trading Platform
Standard Chartered Securities Web Trading stage is effectively utilized in any of the browsers, for example, Firefox program, chrome, UC and so on.
You simply need to get to your trading account online to do the trade through web platform.
- It is helpful and simple + it just requires web association.
- You will get constant update, Portfolio Details, News Flash and so on.
- Live showcase spilling in a basic manner.
Standard Chartered Securities Mobile App
A viable versatile application (Android or iOS application) is effectively accessible to download for trading. The App gives incredible execution benefits to clients.
- Users can without much of a stretch check Global Indices, Stock Tips on simply fingertips.
- Quick Email-Alerts and other successful tips and systems of market.
- Easy access to watchlist
- Quick execution of orders.
Standard Chartered Securities Customer Care
The broking company offers the following networks of communications to its users as given below:
Dedicated Dealer | Yes |
Offline Trading | Yes |
Online Trading | Yes |
24*7 Support | No |
Email Support | Yes |
Chat Support | No |
Toll Free Number | No |
Branches | 10 |
Standard Chartered Trade have a system of almost 10 branches across major cities the country that serving Offline and Online Trading with dynamic and very responsive Dealer Support.
Be that as it may, despite everything they don’t have the client backing is Chat Support, Toll Free Number, 24*7 Support System.
Standard Chartered Securities Complaints and Feedback
Find the list of complaint against Standard Chartered –
Lodged in BSE | 2 |
Resolved in BSE | 2 |
Lodged in NSE | 8 |
Resolved in NSE | 8 |
Percentage of No. of Complaints Received Against Number of Active Clients | 0.09 |
The above table demonstrates that a low number of complaints filed in BSE and NSE over the range time of last 1 year that an incredible thing for the firm.
Anyway Percentage of No. of Complaints Received Against Number of Active Clients is simply 0.09% as it were. It additionally appears that every one of the complaints are agreeably settled.
Standard Chartered Trade Disadvantages:
Standard Chartered Securities has been dynamic from 1994 and one of the presumed firms. In any case, everything has its upsides and downsides so likewise not to disregard a portion of the issues.
- It does just have Free Trading Account offers for their client which a firm needs to upgrade.
- Firm is very feeble in client customer support administrations.
Standard Chartered Securities Conclusion
Standard Chartered Securities is a well known firm over recent years and it continues developing by improving the experience and backing to their customers and obviously enrolled sub brokers.
Being a banking broker Standard Chartered Trade has 3 in 1 account benefit for their clients which keeps them apart from other brokers.
Open Demat Account with Standard Chartered Securities
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