Karvy Online Vs Trading Bells : Side By Side Comparison

In this page, I am providing side by side comparison of  Karvy Online Vs Trading Bells.

While Karvy online is a full service broker, Trading Bells comes under Discount Broker category. Hence Karvy offer multiple services and the brokerage is also high. Trading Bells offers limited services but charges flat brokerage charges.

There are lot of difference between these two brokers.

karvy-online-vs-trading-bells

 

I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.

However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.

Here is the comparison of  Karvy Online Vs Trading Bells:

Parameters

Karvy Online

Trading Bells

karvy Logo
Trading Bells Logo
Review
Type of Broker
Full Service Broker
Discount Broker
Incorporation Year
1985
2014
Supported Exchanges
NSE, BSE, MCX-SX , MCX and NCD-EX
NSE, BSE, MCX-SX , MCX and NCD-EX

Account Related Charges

Trading Account Opening Fees
Rs 0
Rs 0
Trading Account AMC
Rs 0
Rs 0
Demat Account Opening Fees
Rs 420
Rs 0
Demat Account AMC
Rs 500 (Free for First year)
Rs 0

Brokerage Charges

Equity Delivery Brokerage
0.3%
0.01% or Rs 20 per executed order, whichever is lower.
Equity Intraday Brokerage
0.03%
0.01% or Rs 20 per executed order, whichever is lower.
Equity Futures Brokerage
0.03%
0.01% or Rs 20 per executed order, whichever is lower.
Equity Options Brokerage
Rs 30/lot
Flat Rs 20 per executed order
Currency Futures Trading Brokerage
0.03%
0.01% or Rs 20 per executed order, whichever is lower.
Currency Options Trading Brokerage
Rs 30/lot
Flat Rs 20 per executed order
Commodity Trading Brokerage
0.03%
0.01% or Rs 20 per executed order, whichever is lower.
Minimum Brokerage Charges
10p per scrip for delivery and 5p per scrip for intraday
NIL
Monthly Unlimited Plans
Brokerage Calculator
Karvy Online Calculator
Trading Bells Brokerage Calculator

Transaction Charges

Equity Delivery
0.00325%
0.00325%
Equity Intraday
0.00325%
0.00325%
Equity Futures
0.00230%
0.0029%
Equity Options
0.055% (On Premium)
0.06% (On Premium)
Currency Futures
0.00230%
0.00135%
Currency Options
0.040% (On Premium)
0.044%
Commodity
0.003%
0.0031%

Exposure

Equity
Upto 15 times Intraday and 5 times for Delivery
Upto 20 times Intraday and 3 times for Delivery
Equity Futures
3 times for Intraday
4 times for Intraday
Equity Options
No leverage
No leverage for buying, upto 4 times for short selling
Currency Futures
Upto 3 times intraday
Upto 4 times intraday
Currency Options
No leverage
Upto 4 times intraday
Commodities
Upto 2 times intraday
Upto 4 times intraday

Features

3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform
NEST, Karvy Web & Karvy Mobile
ODIN Diet, NSE NOW, Mobile Trader

Investment Services

Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds

Customer Service Channels

24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Relationship Managers

Research Reports/Tips/Recommendations

Daily Market Report
Tips/Recommendations
Quarterly Result Analysis
News Alerts
Robo Advisory

Promotional Offers

  • NIL
  • Zero Account Opening Charges
open-account
open-account

And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.

Point By Point Comparison of Karvy Online with other Brokers:

Karvy Online in comparison with other Stock Brokers

Point By Point Comparison of Trading Bells with other Brokers:

Trading Bells comparison with other Stock Brokers

You can compare any two stock brokers of your choice by visiting Comparison of Stock Brokers in India page

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