In 1993, Stewart & Mackertich WMS was established and founded as stock broking enterprise by Rahul Kayan and Ashiwini Kumar Tripathi.
On this page, we provide entire information of company and its products & services. We also discuss Charge & Fees imposed on Brokerage, Account Opening and others.
Along with this, we also provide products and services info available for customers and how to open demat account and trading account.
Customer rating of this company is great and they also provide best Research and Advisory benefits to their customers. Check whole information in detail through below section of this page.
Stewart & Mackertich Customer Ratings & Review
|Products & Services||2.9/5|
|Brokerage Charges & Fees||2.4/5|
|Stock Research & Advisory||2.5/5|
|Total Client Reviews||113|
About Stewart & Mackertich WMS
|Broker Type||Full Service Broker|
|Founder||Rahul Kayan, Ashiwini Kumar Tripathi|
Stewart & Mackertich WMS is public company and the establishment year of this company is 1993.
It provides full brokerage services to its customers. Stewart & Mackertich WMS headquarters is located in Kolkata, WB.
Founder of this public company is Rahul Kayan and Ashiwini Kumar Tripathi.
Open Demat Account with Stewart & Mackertich WMS
Stewart & Mackertich WMS Brokerage Charges
|Equity Delivery Trading||0.36%|
|Equity Intraday Trading||0.04%|
|Commodity Options Trading||0.04%|
|Equity Futures Trading||0.04%|
|Equity Options Trading||Rs.36 per Lot|
|Currency Futures Trading||0.04%|
|Currency Options Trading||Rs.36 per Lot|
|Minimum Brokerage||Percentage of Transaction|
|Demat AMC Charges||Rs.250 per Annum|
|Trading AMC Charges||Free|
|Margin Money||Minimum Rs.5,100|
|Brokerage Calculator||Stewart Mackertich Wms Brokerage Claculator|
Stewart & Mackertich WMS Brokerage Charge & Fees is given in above table for benefits of customers. There are many trading options given in above table.
We also discuss Brokerage Charge & Fees in detail in below section:
- Stewart & Mackertich WMS company charge 0.36% on Equity Delivery Trading.
- Equity Intraday Trading, Commodity Options Trading, Currency Futures Trading and Equity Futures Trading is 0.04%
- Minimum Brokerage services of Stewart & Mackertich WMS as per Percentage of Transaction.
- Equity Options Trading + Currency Options Trading is Rs.36 per Lot
- 250 per Annum will be charged as Demat AMC Charges and Trading AMC Charges is totally free for customers.
- Minimum Margin Money decided by company is Rs.5,100.
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Stewart & Mackertich Other Charges
|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)|
Stewart & Mackertich WMS Company also imposed some other additional charges which we have provided in above table. Also check other charges in detail from below section:
- Out of Total Turnover 0.0126% is STT and 0.0002% is SEBI Turnover Charges.
- Transaction Charges is 0.00299% and Stamp Duty is depend on state.
- 18% GST will be charged on Brokerage + Transaction Charges.
Stewart & Mackertich Demat Account Opening Fees
|Depository Source||CDSL & NSDL|
|Account Opening Charges||Rs.250|
|Demat AMC Charges||Rs.250 per Annum|
|Trading AMC Charges||Free|
|Margin Money||Minimum Rs.5,100|
|Offline to Online||Yes|
Those who want to know about account opening charges of company can check above table. We also provide account opening charges information in detail in below section:
- Company deals in CDSL & NSDL accounts.
- 250 is charged for opening an account in public company.
- Demat AMC Charges is Rs.250 per Annum and Trading AMC Charges is free of cost.
- This company provides Offline to Online mode services to its customers.
- Minimum margin money of Rs. 5100/- has decided by Stewart & Mackertich WMS.
Stewart & Mackertich Offers
|Free Demat Account||No|
|Free Trading Account||Yes|
|Discount on Brokerage||No|
|Trading Happy Hours||No|
|Flexible Brokerage Plans||Yes|
|1 Month Brokerage Free||No|
|Zero Brokerage for Loss Making Trades||No|
Company provided various offers to its customers such as Flexible Brokerage Plans, Referral Offers and Free Trading Account etc.
In above table, there are some offers which is not presently active is marked as “NO” such as Discount on Brokerage, Free Demat Account, Trading Happy Hours, 1 Month Brokerage Free, Holiday Offers, Zero Brokerage for Loss Making Trades etc. Out of these, if any offer will be active we will inform you.
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How to Open a Demat Account with Stewart & Mackertich?
Those customers who want to open Demat account in Stewart & Mackertich WMS company can follow below provided instructions:
- In below section hit on Green button named as ‘Open Demat Account’.
- Read entire information
- In unfilled form, fill all asked information in correct manner.
- Upload valid testimonials Identity, Residence Proof and recent photograph, to complete Know your Customer (KYC) service.
- After completing process of KYC documentation, an authorized person will connect with you directly on behalf of company for verification.
- After approval of authorized person, Your account will be activated in few hours.
Why Open Stewart & Mackertich Trading Account?
If you are in trade then surely you need to open a trading account. Benefits of this account are:
- To open a trading account, Stewart & Mackertich WMS doesn’t charge any amount which means your account is free of cost.
Through online services, company provides comfort and ease to their clients.
- As compare with competitors, other charges are very low.
Get a Call back from Stewart & Mackertich
Stewart & Mackertich Products & Services
Here are the list of Products provided by Stewart & Mackertich –
Stewart & Mackertich WMS stock Products
In Above table, we provide Products information so have a look. Company provides various product services as given above.
In above table, “yes” is written in front of those products which are available in company right now and “NO” is marked in front of those products which are presently not available for customers.
Stewart & Mackertich WMS Service Offerings
|3 in 1 Account||No|
|Trading Exposure||Upto 5X|
There are many trading services offered by Stewart & Mackertich WMS company such are Demat Services , Trading Services , Intraday Services, IPO Services, Stock Recommendations etc.
Along with these services, Trading Exposure service is also provided upto 5X. There are some services which is currently unavailable such as 3 in 1 Account, PMS, Trading Institution, Robo Advisory etc.
Stewart & Mackertich Research, Advisory and Stock Tips
|Company Stock Review||Yes|
|Free Stock Tips||Yes|
|Daily Market Review||Yes|
Stewart & Mackertich WMS Research & Advisory is good. Things which are stated “yes” is on board and “No” stated is not applicable in above table.
Stewart & Mackertich WMS deals in Research Reports, Company Reports, Annual Reports, Company Stock Review, Free Stock Tips, IPO Reports, Daily Market Review, Monthly Reports, Weekly Reports, Offline Advisory and Relationship Manager etc but not deal with Fundamental Reports and Top Picks etc.
Stewart & Mackertich WMS Exposure or Leverage
|Equity Delivery||Upto 2X|
|Equity Intraday||Upto 5X|
|Equity Futures||Upto 3X|
|Equity Options||Upto 6X|
|Currency Futures||Upto 1X|
|Currency Options||Upto 3X|
|Margin Calculator||Stewart Mackertich WMS Margin Calculator|
Stewart & Mackertich WMS Advisors Exposure / Leverage different at products which we have provided in above table:
- Equity Delivery and Commodities Exposure / Leverage are up to 2X.
- On Equity Futures and Currency Options Exposure / Leverage is Up to 3X.
- The Equity Options Exposure / Leverage is Upto 6X.
- On Currency Futures Exposure / Leverage is Upto 1X.
- Exposure / leverage on Equity Intraday is Upto 5X.
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Stewart & Mackertich Trading Platforms
Here are the thorough details on various trading platforms offered by Stewart & Mackertich 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|
|Online MF Buy||Yes|
|Multi Account Management||No|
Stewart & Mackertich WMS Trading platform is extremely good. Many services are available in company. Some of the best features of trading platform is given in below section.
- Above stated platforms are available in trading platforms.
- Yes marked things are presently available.
Stewart & Mackertish Trading Terminal
Some of the essential features –
- Easy to install & use
- Global Indices available
- Easy process to buy & sell
- Various charts & tools for research are available
Stewart & Mackertich Web Trading Platform
Few of the features are –
- Users also get Real time Updates.
- No marked things are presently available.
Stewart & Mackertich Mobile App
To install and run conveniently, Android App and iOS app is available.
- Portfolio Details, Global Indices, Live Markets get directly.
- Get facility of Email Alerts and SMS Alerts
In above table, some services which is not available and marked as “NO” such as Personalized Advisory, Stock Tips, Interactive Charts and Multi Account Management etc.
Stewart & Mackertich Customer Care
The broking company offers the following networks of communications to its users as given below:
|Toll Free Number||No|
- Across India, there are total 38- branches in Stewart & Mackertich WMS and they also provide Offline Trading and online trading.
- Stewart & Mackertich WMS also provide Email Support to its customers.
- In above table, There are some things which is marked “NO” such are Chat Support, Toll Free Number, 24*7 Support etc are not available presently.
Stewart & Mackertich Complaints and Feedback
Find the list of complaint against Stewart & Mackertich
|Lodged in BSE||0|
|Resolved in BSE||0|
|Lodged in NSE||1|
|Resolved in NSE||1|
|Percentage of No. of Complaints Received Against Number of Active Clients||0.02|
Stewart & Mackertich WMS company complaints are very low which mean company is satisfied with company services.
In last year, Stewart & Mackertich WMS Company there is only 1 complaint against Lodged in NSE and Resolved in NSE.
Stewart & Mackertich and Disadvantages:
Stewart & Mackertich WMS founded in the year 1993 and provide various services and products to its customers. But along with this there are some disadvantages also:
- Company need to improve their product and services.
- For making good relations with customers, company need to give some more offers.
- Company also requires to improve customer support services.
Stewart & Mackertich Conclusion
Stewart & Mackertich WMS is reputed firm and provides full services brokerage. Stewart & Mackertich WMS is growing rapidly and improve their products and services.
Customers get satisfaction from facilities providing by Stewart & Mackertich WMS. But there are some flaws in company which need to be solved for smooth functioning of company.
Open Demat Account with Stewart & Mackertich
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