Compare Canmoney
Canmoney
prostocks.com
prostocks.com

Background

Year of Incorporation 1996 Feb 2016 as Sunlight Broking LLP
Website http://www.canmoney.in http://prostocks.com
Phone 1800 103 1369 +91 2238110110
Exchanges enabled NSE & BSE NSE & BSE
Demat (NSDL/CDSL) NSDL, CDSL CDSL
Background Rating


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

Profit after Tax FY11/12 Rs 23.8 Lakhs
Profit after Tax FY12/13 Rs 17.68 Lakhs
Profit after Tax FY13/14 Rs 12.09 Lakhs
Profit after Tax FY 14/15 Rs 27.5 Lakhs
Profit after Tax FY 15/16 Rs 22.6 Lakhs
Profit after Tax FY 16/17 Rs 62.1 Lakhs
Profit after Tax FY17/18 - Rs 11.8 Lakhs
Debt FY11/12 Nil
Debt FY12/13 Nil
Debt FY13/14 Nil
Debt FY14/15 Nil
Debt FY15/16 Nil
Debt FY 16/17 Nil
Debt FY 17/18 Nil
Profit to Equity(%) FY11/12 5.27
Profit to Equity(%) FY12/13 3.48
Profit to Equity(%) FY13/14 2.14
Profit to Equity(%) FY14/15 5
Profit to Equity(%) FY15/16 3.6
Profit to Equity(%) FY16/17 10
Profit to Equity(%) FY17/18 (2)
Balance Sheet Size FY11/12 Rs 5.9 Crores
Balance Sheet Size FY12/13 Rs 7.5 Crores
Balance Sheet Size FY13/14 Rs 6.1 Crores
Balance Sheet Size FY14/15 Rs 6.5 Crores
Balance Sheet Size FY15/16 Rs 7.1 Crores
Balance Sheet Size FY16/17 Rs 7.1 Crores
Balance Sheet Size FY17/18 Rs 6.9 Crores
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year in December. 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.

Active clients - 2013 5,404 NA
Active clients - 2014 6,890 NA
Active clients - 2015 NA NA
Active clients - 2016 NA NA
Active clients - 2017 9,243 2079
Active clients - 2018 9,830 2807
Active clients Rating


Brokerage

Equity 0.05% for Intraday, 0.35% for Delivery, reduces with upfront brokerage Flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 899/monthly, Rs. 8,999 Unlimited Trading Per Year
Equity Futures 0.10% reduces with upfront brokerage Flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 899/monthly, Rs. 8,999 Unlimited Trading Per Year
Equity Options Rs 50/lot Flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 899/monthly, Rs. 8,999 Unlimited Trading Per Year
Currency Futures Rs 15/lot lat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 499/monthly, Rs.4,999 Unlimited Trading Per Year
Currency Options Rs 15/lot lat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 499/monthly, Rs.4,999 Unlimited Trading Per Year
Commodity NA Not Available
Brokerage Rating


Account Opening Costs

Trading only NA Rs. 300
Trading & Demat Rs 200 Rs. 300
Commodity NA Not Available
Account Opening Costs Rating


Transparency & other costs

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

Equity 0.00325% of Turnover 0.00325% on Turnover
Futures 0.0019% of Turnover 0.0019% on Contract Turnover
Options 0.050% of Premium Turnover 0.050% on Premium Turnover
Commodities NA Not Available
AMC charge Rs 200/year Rs. 1,000 refundable deposit.
DP Transaction Charge Rs 20/debit transaction Rs 14 per debit instruction
Offline order placing Charge Nil Rs 10 per executed order
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 1 day Web based platform 7 Days
End of Day 1 year Web based platform 7 Days
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 5 times Intraday, 0 for Delivery Upto 5 times for Intraday & 0 for Delivery
Equity Futures Upto 2 times Intraday Upto 1.5 times for Intraday
Equity Options No Leverage No Margin
Currency Futures No Leverage Upto 1.5 times for Intraday
Currency Options No Leverage Upto 1.5 times for Intraday
Commodity NA Not Available
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review