BMA Wealth Creators BMA Wealth Creators



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Year of Incorporation 2004
Website http://www.bmawc.com
Phone 1800 3000 1099
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) CDSL
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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, watch out for the brokerages with and

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Profit after Tax FY11/12 Rs 13.6 Crores
Profit after Tax FY12/13 Rs 4.4 Crores
Profit after Tax FY13/14 - Rs 20.1 Lakhs
Profit after Tax FY 14/15 - Rs 16.9 Crores
Profit after Tax FY 15/16 Rs 42.7 Lakhs
Debt FY11/12   Rs 78.6 Crores
Debt FY12/13   Rs 62.9 Crores
Debt FY13/14   Rs 72.8 Crores
Debt FY14/15   Rs 16.05 Crores
Debt FY15/16 Rs 69.4 Crores
Profit to Equity(%) FY11/12 59.52
Profit to Equity(%) FY12/13 9.42
Profit to Equity(%) FY13/14 0.41
Profit to Equity(%) FY14/15 (86)
Profit to Equity(%) FY15/16 1.3
Balance Sheet Size FY11/12 Rs 158.9 Crores
Balance Sheet Size FY12/13 Rs 158.4 Crores
Balance Sheet Size FY13/14 Rs 185.5 Crores
Balance Sheet Size FY14/15 Rs 60.4 Crores
Balance Sheet Size FY15/16 Rs 245.2 Crores
Online Presence
Online Presence

Google trend over time

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Active clients

Active clients data source: NSE, as on end of every calendar year. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

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Active clients - 2013 35,240
Active clients - 2014 39,531
Active clients - 2015 32,400
Active clients - 2016 29,914
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Brokerage

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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
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Account Opening Costs

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Trading only NA
Trading & Demat Rs 1000
Commodity Nil
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Transparency & other costs

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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
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Software
Web/HTML 5
Mobile
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Charting

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Intraday 22 Days on NEST
End of Day 10 Years on NEST
Coding/Backtesting
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Online Trade Reports
Online PNL Reports
Online Contract Notes
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Margins

Leverage Provided

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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
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Support & Tools

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

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3 in 1 Account
Instant Fund withdrawal
Relationship Managers

Reviews on BMA Wealth Creators

Sandeep Sakaria

08 September 2014

BMA Wealth was my old broker, a complete waste and pathetic service. My first start in trading lasted on 2 months. They will give you 60 tips in one day and say if we follow there tips we make money. Utter nonsense. They give so many tips because they know that at least few will click from them. Also the transaction charges on this site!.. They were telling it is best rates in markets. Pakka Liars. Professional con mans, dont open account with them.

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NEWS ON BMA WEALTH CREATORS

The NHS funding gap - MoneyWeek

19 August 2017

Scotland, where health spending per head is higher than in England and Wales, has performed better on many performance measures in recent years, although the Scottish BMA recently warned that the NHS funding gap is “just as real in Scotland” as it is ...and more »

Isolation Made the Series Alien Again - Kotaku UK (blog)

11 May 2017

Because unlike the many horror games that sit in that same sub-genre of hide and seek with monsters, Isolation provides a wealth of tools to approach your foe. Lure it with a salvaged “noise-maker” or set a Molotov cocktail as a trap to block its approach.

नोएडा समेत इन शहरों में 'चिट फंड घोटाला' करने वाली कंपनी के खिलाफ जांच के आदेश - Patrika

14 November 2016

नोएडा/नई दिल्ली। नोएडा समेत कई शहरों के चिट फंड घोटाला करने वाली शेयर और इंश्योरेंस ब्रोकिंग कंपनी बीएमए वेल्थ क्रियेटर्स के खिलाफ छत्तीसगढ़ सरकार ने विशेष जांच का आदेश दिया है। मौजूदा ...

1cr insurance policy racket busted, 4 held - Times of India

05 December 2015

Police said Rohit had completed BCom in 2011 and had got a job with BMA Wealth Creator. He lost his job when the company was shut down in April 2015. It was then that Rohit accessed the data and contact numbers of prospective insurance policy buyers ...

How a 'personal services company' (PSC) can cut your income tax bill - Telegraph.co.uk

20 November 2015

So he has no other choice now than to keep attacking the wealth creators. Restricting dividends to £5000 tax free is the first line of attack. No doubt more are on their way. I read today that entrepreneur's relief is running at £2 BILLION over budget ...

Posing as IT officer, sales manager threatened clients to meet his targets - Indian Express

25 November 2014

The accused, Rohit Kumar from Shajahanpur, Uttar Pradesh, was an assistant sales manager with BMA Wealth Creator, a call centre for insurance companies. Police said to achieve his targets, Kumar forced people invest in insurance policies, threatening ...and more »