• Overview
  • Background
  • Active Clients
  • Financial health
  • Technology
  • Brokerage
  • Account Opening Charges
  • Transaction charges
  • Exposure
  • Reviews
  • Background


    Year of Incorporation 2004
    Website www.bmawc.com
    Phone 1800 3000 1099
    Exchanges NSE,BSE,MCX,NCDEX,MCX-SX
    Demat (NSDL/CDSL) CDSL

    Active Clients

    30386

    Financial Health

    Technology


    Advance Order Types Cover Order
    Calculators N/A
    Algos and backtesting N/A
    Initiatives N/A
    Reporting and Analytics Back office
    Trading platforms Desktop, Web Based & Mobile App

    Brokerage


    Equity Upfront Brokerage: 0.03%/0.3% to 0.01%/0.1% for Intraday/Delivery
    Equity Futures Upfront Brokerage: 0.03% to 0.01% of Turnover
    Equity Options Upfront Brokerage: Rs 50/lot to Rs 10/lot
    Currency Futures Upfront Brokerage: 0.03% to 0.01% of Turnover
    Currency Options Upfront Brokerage: Rs 50/lot to Rs 10/lot
    Commodity Upfront Brokerage: 0.03% to 0.01% of Turnover

    Account Opening Costs


    Trading only NA
    Trading & Demat Rs 1000
    Commodity NIL

    Transparency & other costs

    Double check on if you are paying much higher other/turnover costs, make sure to compare


    Equity 0.0049%
    Futures 0.0049%
    Options 0.0071%
    Commodities 0.0035%
    AMC charge Rs 350/Year
    DP Transaction Charge Rs 15 or 0.03% whichever is higher
    Offline order placing Charge Nil

    Margins


    Equity Upto 10 times Intraday, & upto 2 times for Delivery @interest
    Equity Futures Upto 4 times for Intraday
    Equity Options Buying no Leverage, for Shorting upto 4 times
    Currency Futures Upto 2 times for Intraday
    Currency Options Buying no leverage, for Shorting upto 2 times
    Commodity Upto 4 times for Intraday

    Reviews


    No Reviews Found
  • Background


    Year of Incorporation 2004
    Website www.bmawc.com
    Phone 1800 3000 1099
    Exchanges enabled NSE,BSE,MCX,NCDEX,MCX-SX
    Demat (NSDL/CDSL) CDSL
  • Active Clients

    30386
  • Financial Health

  • Technology


    Advance Order Types Cover Order
    Calculators N/A
    Algos and backtesting N/A
    Initiatives N/A
    Reporting and Analytics Back office
    Trading platforms Desktop, Web Based & Mobile App
  • Brokerage


    Equity Upfront Brokerage: 0.03%/0.3% to 0.01%/0.1% for Intraday/Delivery
    Equity Futures Upfront Brokerage: 0.03% to 0.01% of Turnover
    Equity Options Upfront Brokerage: Rs 50/lot to Rs 10/lot
    Currency Futures Upfront Brokerage: 0.03% to 0.01% of Turnover
    Currency Options Upfront Brokerage: Rs 50/lot to Rs 10/lot
    Commodity Upfront Brokerage: 0.03% to 0.01% of Turnover
  • Account Opening Costs


    Trading only NA
    Trading & Demat Rs 1000
    Commodity NIL
  • Transparency & other costs

    Double check on if you are paying much higher other/turnover costs, make sure to compare


    Equity 0.0049%
    Futures 0.0049%
    Options 0.0071%
    Commodities 0.0035%
    AMC charge Rs 350/Year
    DP Transaction Charge Rs 15 or 0.03% whichever is higher
    Offline order placing Charge Nil
  • Margins


    Equity Upto 10 times Intraday, & upto 2 times for Delivery @interest
    Equity Futures Upto 4 times for Intraday
    Equity Options Buying no Leverage, for Shorting upto 4 times
    Currency Futures Upto 2 times for Intraday
    Currency Options Buying no leverage, for Shorting upto 2 times
    Commodity Upto 4 times for Intraday
  • Reviews


    No Reviews Found




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NOTE: All pricing data was obtained from a published web site as and is believed to be accurate, but is not guaranteed. The BrokingAdvisor.com staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us.