Compare Way2wealth
Way2wealth
Action Financial Services
Action Financial Services

Background

Year of Incorporation 1984 1992
Website http://www.way2wealth.com http://www.actionfin.com
Phone 1800 425 3690 022-43654444
Exchanges enabled NSE, BSE, MCX-SX, MCX, & NCDEX NSE & BSE
Demat (NSDL/CDSL) NSDL, CDSL NSDL
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 4.2 Lakhs - Rs 4.4 Lakhs
Profit after Tax FY12/13 Rs 0.87 Lakhs Rs 9.04 Lakhs
Profit after Tax FY13/14 Rs 13.5 Lakhs - Rs 4.4 Lakhs
Profit after Tax FY 14/15 Rs 2.2 Crores Rs 20.9 Lakhs
Profit after Tax FY 15/16 Rs 20 Lakhs Rs. 3.0 Lakhs
Profit after Tax FY 16/17 - Rs 7.3 Lakhs
Profit after Tax FY17/18   - Rs. 80.0 Lakhs
Debt FY11/12 Rs 10.4 Crores Rs 4.02 Crores  
Debt FY12/13 Rs 17.2 Crores Rs 2.61 Crores  
Debt FY13/14 Rs 10.8 Crores Rs 2.5 Crores
Debt FY14/15 Rs. 49.7 Crores Rs 2.1 Crores
Debt FY15/16 Rs 56.9 Lakhs Rs 23.1 Lakhs
Debt FY 16/17 Rs. 4.06 Crores
Debt FY 17/18   Rs. 4.43 Crores
Profit to Equity(%) FY11/12 0.25 (0.43)
Profit to Equity(%) FY12/13 0.01 0.36
Profit to Equity(%) FY13/14 0.20 0.39
Profit to Equity(%) FY14/15 3 1
Profit to Equity(%) FY15/16 0.25 0.1
Profit to Equity(%) FY16/17
Profit to Equity(%) FY17/18   (3)
Balance Sheet Size FY11/12 Rs 159 Crores Rs 25.7 Crores
Balance Sheet Size FY12/13 Rs 148 Crores Rs 33.9 Crores
Balance Sheet Size FY13/14 Rs 170 Crores Rs 36.9 Crores
Balance Sheet Size FY14/15 Rs 198 Crores Rs 36.2 Crores
Balance Sheet Size FY15/16 Rs 198 Crores Rs. 36.9 Crores
Balance Sheet Size FY16/17 Rs. 39.9 Crores
Balance Sheet Size FY17/18   Rs. 40.2 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 17,266 NA
Active clients - 2014 17,492 NA
Active clients - 2015 15,795 594
Active clients - 2016 21,994 531
Active clients - 2017 28,201 540
Active clients - 2018   NA
Active clients Rating


Brokerage

Equity 0.04% for Intraday, 0.4% for Delivery - Negotiable Choose from :Pay Interest free refundable deposit Rs 50,000, unlimited trading at Rs 1200/year & other similar  
Equity Futures 0.04% of Turnover - Negotiable Choose from :Pay Interest free refundable deposit Rs 50,000, unlimited trading at Rs 1200/year & other similar  
Equity Options Rs 50/lot - Negotiable Choose from :Pay Interest free refundable deposit Rs 50,000, unlimited trading at Rs 1200/year & other similar  
Currency Futures 0.04% of Turnover - Negotiable Choose from :Pay Interest free refundable deposit Rs 50,000, unlimited trading at Rs 1200/year & other similar  
Currency Options Rs 50/lot - Negotiable Choose from :Pay Interest free refundable deposit Rs 50,000, unlimited trading at Rs 1200/year & other similar  
Commodity 0.04% of Turnover - Negotiable NA
Brokerage Rating


Account Opening Costs

Trading only NA Nill
Trading & Demat Rs 350 Nill
Commodity Rs 100 Nill
Account Opening Costs Rating


Transparency & other costs

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

Equity 0.0038% of Turnover 0.00325% of Turnover
Futures 0.0034% of Turnover 0.0026% of Turnover
Options 0.056% of Premium Turnover 0.08% of Premium Turnover  
Commodities 0.0035% of Turnover NA
AMC charge Rs 330 Rs 500 to Rs 1200 depending on your plan
DP Transaction Charge Rs 18/debit instruction Rs 7.5 to Rs 16/debit transaction based on plan
Offline order placing Charge Nil Nil
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 22 days on NEST 5 days on NOW
End of Day 10 years on NEST 10 years on NOW
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 6 times for Intraday, 0 for Delivery Upto 8 times for Intraday, 0 for Delivery
Equity Futures Upto 2 times for Intraday Upto 3 times for Intraday
Equity Options No Leverage No Leverage
Currency Futures Upto 2 times for Intraday Upto 2 times for Intraday
Currency Options No Leverage No Leverage
Commodity Upto 3 times for Intraday NA
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