Comparison –  KARVY Vs Way2Wealth

KARVY Way2wealth
Year of Incorporation 1985 1984
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL, CDSL NSDL, CDSL
Brokerages
Equity 0.03% Intraday, 0.3% Delivery
0.04% for Intraday, 0.4% for Delivery – Negotiable
Equity Futures 0.03% of Turnover 0.04% of Turnover – Negotiable
Equity Options Rs 50/lot Rs 50/lot – Negotiable
Currency Futures 0.03% of Turnover 0.04% of Turnover – Negotiable
Currency Options Rs 50/lot Rs 50/lot – Negotiable
Commodity 0.03% of Turnover 0.04% of Turnover – Negotiable
Account opening charges
Trading and Demat Rs 420 NA
Only Trading NA 350
Commodity Rs 200 100
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 5 days Intraday on ODIN 22 days on NEST
Margins & Leverage Provided
Equity Intraday upto 20 times, 0 for Delivery
Upto 6 times for Intraday, 0 for Delivery
Equity Futures Upto 4 times for Intraday Upto 2 times for Intraday
Equity Options No Leverage for buying, upto 4 times for Shorting Intraday No Leverage
Currency Futures No Leverage Upto 2 times Intraday
Currency Options No Leverage No Leverage
Commodity Upto 4 times for Intraday Upto 3 times Intraday
Serviceable
3 in 1 Account NO No
Instant Fund withdrawal NO No
Instant Fund Transfer YES YES
Relationship Managers YES YES