An important step in investing in the stock market is deciding which stockbroker to use. It has the ability to significantly impact your investment returns, trading experience, and overall satisfaction. So, in today’s article, we will talk about a comprehensive review of Vck Stock Broking, which is one of the leading stockbrokers in India. To help you make an informed decision, we will assess numerous factors such as brokerage fees, customer support, trading platform, and much more.
Overview
Vck Stock Broking is a Public company headquartered in Kolkata, WB which is founded in 1989 by Hemal Kampani. Vck-Stock-Broking is a Full Service Broker that strives to provide cost-effective buy/sell orders, helping investors to save money when in comparison with Discount Broker. However, it is vital to note that Vck Stock Broking work as a Discount Broker because it offers thorough investment advice and complete stock analysis to its clients. Vck Stock Broking is an NSE and BSE-listed company with over Nil branches in India.
Overview
Vck Stock Broking
Broker Type
Full Service Broker
Type of company
Public
Headquarter
Kolkata, WB
Founders
Hemal Kampani
Foundation Year
1989
Supported Exchanges
NA
Total branches
Nil
Vck Stock Broking Account opening charges
You need to open a demat account and a trading account, to start trading with Vck Stock Broking. So, to open a trading account with Vck Stock Broking, you need to pay a fee of Free. However, the trading annual maintenance charges of Vck Stock Broking are free. And Demat annual maintenance charges are Rs.280 per Annum. There are also no fees for margin money or transfers from an offline to an online account. And Vck Stock Broking is registered with CDSL i.e., Central Depository Services Limited as a Depository Participant (DP).
Account Opening and Demat Charges
Vck Stock Broking
Trading Account Opening Charges
Free
Demat AMC (Annual Maintenance Charges)
Rs.280 per Annum
Trading AMC (Annual Maintenance Charges)
Free
Margin Money
Zero Margin
Offline to Online Charges
Yes
Depository
CDSL & NSDL
Vck Stock Broking Brokerage Charges
Brokerage fees are an important factor to consider when choosing a stockbroker. Here are Vck Stock Broking brokerage charges for various segments:
Equity delivery: There are no fees for equities delivery trades with Vck Stock Broking This implies you can invest in equities without paying any brokerage charges.
Equity intraday: Vck Stock Broking charges a brokerage fee of 0.03% per order.
Equity futures: The brokerage cost for equity futures is 0.03% as well.
Equity options: Vck Stock Broking charges a brokerage fee of Rs.28 per Lot for trading equity options.
Currency: Unleash your trading potential with Vck Stock Broking’s dynamic 0.03% charges.
Commodity: For commodity options trading, Vck Stock Broking charges a brokerage fee of NA.
Equity Brokerage Charges
Equity Brokerage Charges
Vck Stock Broking
Equity Delivery Brokerage
0.28%
Equity Intraday Brokerage
0.03%
Equity Futures Brokerage
0.03%
Equity Options Brokerage
Rs.28 per Lot
Currency Brokerage Charges
Currency Brokerage Charges
Vck Stock Broking
Currency Futures Brokerage
0.03%
Currency Options Brokerage
Rs.18 per Lot
Commodity Brokerage Charges
Commodity Brokerage Charges
Vck Stock Broking
Commodity Options Brokerage
NA
Vck Stock Broking Other Charges
Minimum brokerage charges: At Vck Stock Broking, we’ve revolutionized our fee structure by introducing a unique minimum brokerage charge based on a Percentage of Transaction.
Transaction brokerage charges: A transaction brokerage fee of 0.00280% is to be paid by a customer.
SEBI turnover charges: The Securities and Exchange Board of India (SEBI) levies a 0.0002% of Total Turnover charge.
Stamp duty charges: The total amount of stamp duty charged is determined by the state and the type of asset.
GST charges: GST is charged at 18% of (Brokerage + Transaction Charges).
STT (Securities transaction tax): STT is levied at a rate of 0.0126% of Total Turnover by Vck Stock Broking.
Call and trade charges: If you use call and trade service, the charges of Vck Stock Broking are NA.
Other Brokerage Charges
Vck Stock Broking
Minimum Brokerage Charges
Percentage of Transaction
Transaction Brokerage Charges
0.00280%
SEBI Turnover Charges
0.0002% of Total Turnover
Stamp Duty Charges
As per the state
GST Charges
18% of (Brokerage + Transaction Charges)
STT Charges
0.0126% of Total Turnover
Call and Trade Charges
NA
Vck Stock Broking Equity Leverage
Leverage allows traders to enhance their market exposure while using a smaller quantity of capital. Vck Stock Broking offers Upto 2x times leverage on equity delivery, Upto 10x times leverage on equity intraday, Upto 4x times leverage on equity futures, and Upto 2x times leverage on equity options.
Here is the leverage provided by Vck Stock Broking:
Equity Leverage
Vck Stock Broking
Equity Delivery
Upto 2x
Equity Intraday
Upto 10x
Equity Futures
Upto 4x
Equity Options
Upto 2x
Vck Stock Broking Currency Leverage
Vck Stock Broking also offers currency trading leverage. Leverage is available for Currency Futures up to Upto 2x times and Currency Options Upto 6x times.
Currency Leverage
Vck Stock Broking
Currency Futures
Upto 2x
Currency Options
Upto 6x
Vck Stock Broking Commodity Leverage
Vck Stock Broking offers Upto 1x leverage for commodity trading.
Equity Leverage
Vck Stock Broking
Commodity
Upto 1x
Vck Stock Broking Offers
Many stockbrokers are enticing customers with appealing deals in order to boost their client base. Here are some of the fantastic deals that Vck Stock Broking gives to its consumers. They give you a free stock trading account, a free demat account, and various brokerage discounts.
Offers
Vck Stock Broking
Free Stock Trading Account
Yes
Free Demat Account
Yes
Flexible Plans
Yes
Brokerage Discounts
Yes
Happy Hours
No
1 Month Free Plan
No
Holiday Offers
Yes
Referral Program
Yes
Zero Brokerage on Loss Trades
No
Vck Stock Broking Features
Discount Broker:Vck Stock Broking, a reputable online stock broker in India, offers regular investors low-cost brokerage services. It imposes a brokerage fee of Percentage of Transaction executed, regardless of trade category, size, or exchange. They also offer Upto 10x trading leverage.
Range of Investment Products: Vck Stock Broking is a one-stop shop for all of your financial investment requirements. It allows you to trade stocks, commodities, and currencies on the BSE, NSE, and MCX. It also provides investment opportunities in mutual funds, SIPs, gold, peer-to-peer lending, initial public offerings (IPOs), and currency trading.
Subscription Plans: Vck Stock Broking paves the way for a personalized trading experience with its exclusive selection of subscription plans: the Basic Pack, Power Investor Pack, and Ultra Trader Pack. These services include a variety of features and perks, such as lower brokerage fees, research advisory, free trades, and specialised customer support.
Research and Advisory Services: Vck Stock Broking differentiates out by offering comprehensive research and advising services. It provides solutions for both short-term and long-term investment ideas, as well as derivative methods and portfolio-based investment ideas. The platform also includes a portfolio analyzer tool for evaluating the overall performance of all your investments.
Margin Funding: Vck Stock Broking provides margin funding services. These can be used to make partial payments on cash segment transactions. Vck Stock Broking lends the remaining balance at a low interest rate.
Mobile Trading App and Trading Platforms: Vck Stock Broking provides an easy-to-use mobile trading app, as well as a web-based trading platform and an installable trading terminal. These platforms provide flawless trading experiences and are built with cutting-edge technology. The mobile app gives users access to trading, robo-advisory, and a variety of investment choices.
Demat Account Services: Vck Stock Broking offers demat account services through its membership with CDSL. It has been designated as a top depository participant by the CDSL.
Low Charges: Vck Stock Broking is recognised in the brokerage sector for having the lowest fees. Unleash your trading potential with Vck Stock Broking’s 0.03% brokerage fee and exclusive value-add packs for enhanced benefits. 5Paisa also provides free account opening and no-brokerage mutual funds.
Algo Trading and Robo Advisory: Vck Stock Broking provides robo-advisory and algo trading services to its clients. These services enable in the automation of trading strategies and provide tailored investment advice based on risk profiles and expected returns.
Customer Support: Vck Stock Broking offers personally tailored customer service to its consumers. The power investor and ultra trader packs both feature free customer assistance.
Features
Vck Stock Broking
Equity Delivery Trading
Yes
Equity Intraday Trading
Yes
Equity Futures Trading
Yes
Equity Options Trading
Yes
Currency Trading
Yes
Commodity Trading
No
IPO (Initial public offering)
Yes
Stocks Suggestions
No
Robo Advisory
No
PMS (Portfolio Management Services)
No
Trading Institution
No
Trading Exposure
Upto 10x
Mutual Funds
Yes
SIP (Systematic Investment Plan)
Yes
Forex Trading
No
Banking
No
Insurance
Yes
Vck Stock Broking Advisory Services
The primary distinction between a full-service broker and a discount broker is the range of services given and the prices charged.Vck Stock Broking offers research papers with the top recommendations, which are developed by industry specialists. On their website, Vck Stock Broking also offers annual reports, as well as daily market reviews and weekly reports.
Services
Vck Stock Broking
Fundamental Reports
No
Research Reports
No
Company Reports
No
Annual Reports
No
Company Stock Review
No
Free Stock Tips
Yes
IPO Reports
Yes
Top Picks
No
Daily Market Review
No
Monthly Reports
No
Weekly reports
No
Offline Advisory
Yes
Relationship Manager
Yes
Vck Stock Broking Trading Platforms
To fulfil the various needs of its consumers, the Vck Stock Broking trading software comprises a number of trading platforms. It was built on the IIFL trading platform, and clients have trusted it for more than two decades now. A web browser-based platform, mobile app and an installable desktop trading application are the three types of trading platforms.
Desktop Trading Platforms
Vck Stock Broking
Windows
Yes
Mac
Yes
Desktop Browser
Yes
Vck Stock Broking Mobile App
Vck Stock Broking offers mobile trading through the Vck Stock Broking app, including BSE/NSE trading and robo-advisory services. This app is compatible with iOS, Android, and mobile browsers. With the software, users are able to buy stocks, trade futures and options, and invest in mutual funds, exchange traded funds, bonds, and other investments.
Mobile App
Vck Stock Broking
Mobile Browser
No
Android App
Yes
iOS App
Yes
Windows App
No
Other Mobile OS
No
Vck Stock Broking Customer Support
Online trading support: Vck Stock Broking can assist customers with online trading. A range of trading platforms are available for traders, including mobile apps, online browsers, and desktop programs.
24*7 support: Vck Stock Broking offers its consumers 24-hour support. The customer service team is available and accessible 24/7, which means you can contact them at any time, even during non-business hours.
Email support: Customers can contact Vck Stock Broking5Paisa’s customer support staff via email if they require assistance. Customers can send their queries and issues to the company’s email address.
Customer Support
Vck Stock Broking
Relationship Manager
Yes
Offline Trading
Yes
Online Trading
Yes
24 * 7 Support
No
Email Support
Yes
Chat Support
No
Toll free number
No
Support Branches
15
Vck Stock Broking Complaints
Brokerage firms can assess the quality and reliability of their services by evaluating how many complaints they receive. There are a total of 0 BSE complaints, of which 0 have been resolved, which amounts to NaN % in percentage terms. And, when it comes to NSE complaints, there are 1 of them, with 1 of them resolved, for a percentage of 100.00 %. And the percentage of BSE/NSE complaints resolved is NaN %
The table below highlights the complaints acquired by Vck Stock Broking.
BSE Complaints
Vck Stock Broking
BSE Complaints
0
BSE Resolved Complaints
0
Percentage of resolved BSE complaints
NaN %
NSE Complaints
1
NSE Resolved Complaints
1
Percentage of resolved NSE complaints
100.00 %
BSE/NSE Complaint vs. Resolved Percentage
NaN %
Conclusion
In conclusion, Explore Vck Stock Broking’s intuitive platforms for a diverse range of trading and investment opportunities, tailored to your needs. It is one of the best possibilities for investors, with low prices and a wide range of investment prospects. However, the absence of comprehensive customer support, as well as the number of consumer complaints, are cause for concern. In light of all the features and user experience, Vck Stock Broking can be considered a good stock broker, but you must carefully evaluate the pros and cons before choosing it.