• +91 988-651-9102
COMPARE

Background

Year of Incorporation 2012 as Moneypalm Securities pvt ltd
Website http://www.moneypalm.in
Phone 8010144000
Exchanges enabled NSE, BSE, MCX
Demat (NSDL/CDSL) CDSL
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 NA
Profit after Tax FY12/13 - Rs 14.13 Lakhs
Profit after Tax FY13/14 - Rs 10.7 Lakhs
Profit after Tax FY 14/15 NA
Debt FY11/12 NA
Debt FY12/13 Rs 7.7 Crores
Debt FY13/14 Rs 3.2 Crores
Debt FY14/15 NA
Profit to Equity(%) FY11/12 NA
Profit to Equity(%) FY12/13 (31.1)
Profit to Equity(%) FY13/14 (21.8)
Profit to Equity(%) FY14/15 NA
Balance Sheet Size FY11/12 NA
Balance Sheet Size FY12/13 Rs 12.61 Crores
Balance Sheet Size FY13/14 Rs 9.99 Crores
Balance Sheet Size FY14/15 NA
Brokerage

Equity Rs 15/executed order or 0.01% (intraday) or 0.1%(delivery) whichever is lower -
Equity Futures Rs 15/executed order or 0.01% whichever is lower
Equity Options Rs 15/executed order or 0.01% whichever is lower
Currency Futures Rs 15/executed order or 0.01% whichever is lower
Currency Options Rs 15/executed order or 0.01% whichever is lower
Commodity Rs 15/executed order or 0.01% whichever is lower
Account Opening Costs

Trading only Rs 200
Trading & Demat Rs 300
Commodity Rs 200
Transparency & other costs

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

Equity 0.0035% of turnover
Futures 0.0027% of turnover
Options 0.08% of turnover
Commodities 0.0025% of turnover
AMC charge NIL
DP Transaction Charge Rs 10 per debit transaction
Offline order placing Charge Rs 20
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 days on NEST
End of Day 5 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10 times for intraday
Equity Futures Upto 2 times for intrada
Equity Options Buying no leverage, Shorting upto 2 times for intraday
Currency Futures Upto 2 times for intrada
Currency Options Buying no leverage, Shorting upto 2 times for intraday
Commodity Upto 2 times for intrada
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Write a Review