Compare Networth Direct
Networth Direct
prostocks.com
prostocks.com

Background

Year of Incorporation 1994 Feb 2016 as Sunlight Broking LLP
Website http://www.networthdirect.com http://prostocks.com
Phone 1800 220 223 +91 2238110110
Exchanges enabled NSE, BSE, MCX-SX, & MCX 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 43.05 Lakhs
Profit after Tax FY12/13 - Rs 27.25 Lakhs
Profit after Tax FY13/14 - Rs 1.6 Crores
Profit after Tax FY 14/15 Rs. 3 Crores
Profit after Tax FY 15/16 Rs 8.6 Crores
Debt FY11/12 Nil
Debt FY12/13 Nil
Debt FY13/14 Rs 17.1 Crores
Debt FY14/15 Rs 15.6 Crores
Debt FY15/16 Rs 6.8 Crores
Profit to Equity(%) FY11/12 27.09
Profit to Equity(%) FY12/13 (10.45)
Profit to Equity(%) FY13/14 (14)
Profit to Equity(%) FY14/15 6
Profit to Equity(%) FY15/16 1.5
Balance Sheet Size FY11/12 Rs 8.35 Crores
Balance Sheet Size FY12/13 Rs 6.12 Crores
Balance Sheet Size FY13/14 Rs 140 Crores
Balance Sheet Size FY14/15 Rs 147.7 Crores
Balance Sheet Size FY15/16 Rs 136.1 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. 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 11,631 NA
Active clients - 2014 12,778 NA
Active clients - 2015 25,024 NA
Active clients - 2016 41,391 NA
Active clients Rating


Brokerage

Equity 0.5%/0.05% to 0.1%/0.01% - Reduces based on Upfront Brokerage Scheme for delivery/Intraday Flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 899/monthly, Rs. 8,999 Unlimited Trading Per Year
Equity Futures 0.05% to 0.01% - Reduces based on Upfront Brokerage Scheme Flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 899/monthly, Rs. 8,999 Unlimited Trading Per Year
Equity Options Rs 100 to Rs 25/lot - Reduces based on Upfront Brokerage Scheme Flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 899/monthly, Rs. 8,999 Unlimited Trading Per Year
Currency Futures 0.03% to 0.01% - Reduces based on Upfront Brokerage Scheme lat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 499/monthly, Rs.4,999 Unlimited Trading Per Year
Currency Options Rs 50 to Rs 20/lot - Reduces based on Upfront Brokerage Scheme lat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 499/monthly, Rs.4,999 Unlimited Trading Per Year
Commodity 0.05% to 0.01% - Reduces based on Upfront Brokerage Scheme Not Available
Brokerage Rating


Account Opening Costs

Trading only Rs 150 Rs. 300
Trading & Demat Rs 300 Rs. 300
Commodity Rs 150 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 0.0025% of Turnover 0.0019% on Contract Turnover
Options 0.065% of Turnover 0.050% on Premium Turnover
Commodities 0.003% of Turnover Not Available
AMC charge Rs 400 Rs. 1,000 refundable deposit.
DP Transaction Charge Rs 25/debit Instruction 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 10 Days on Fast Trade 7 Days
End of Day 5 Years on Fast Trade 7 Days
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Intraday upto 15 times, 3 times for delivery @ Interest Upto 5 times for Intraday & 0 for Delivery
Equity Futures Upto 3 times for Intraday Upto 1.5 times for Intraday
Equity Options No leverage for buying, Upto 3 times for Shorting Intraday No Margin
Currency Futures Upto 2 times for Intraday Upto 1.5 times for Intraday
Currency Options No Leverage Upto 1.5 times for Intraday
Commodity Upto 3 times for Intraday 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