Action Financial Services Limited is a Public Limited Company and it is incorporated on 1st October 1992.
An action is a non-fund based Company solely engaged in Capital Market related services.
MEMBER: BSE, NSE, MCX, USE, BGSE, NSDL, AFSIL has a stable & established client base.
Action Financial Services is first company register as a portfolio manager in SEBI and it is the same stock broking company listed on Bombay stock exchange.
| Website. | www.actionfin.com |
| Demat Account. | NSDL |
| Trading Exchanges. | NSE,BSE,MCX |
| Broker Type. | Discount Broker |
Action Financial Services Account Opening Fees.
| Trading Account. | Rs.0 |
| Demat account. | Rs.0 |
| Commodity Account. | Rs.0 |
Annual Maintenance Charges (AMC)
| Scheme | Allowed Annual Turnover | AMC |
|---|---|---|
| Silver. | Up to Rs.50 Lacs. | Rs.500 |
| Gold. | Up to Rs.250 Lacs. | Rs.800 |
| Diamond. | Upto Rs.750 Lacs. | Rs.1000 |
| Platinum. | Unlimited. | Rs.1200 |
Action Financial Services Brokerage Charges.
| SEGMENT | BROKERAGE |
|---|---|
| Equity (Intraday). | 1 Paisa per executed order. |
| Equity (Delivery). | 1 Paisa per executed order. |
| Equity Futures. | 1 Paisa per executed order. |
| Equity Options. | 1 Paisa per executed order. |
| Currency Futures. | 1 Paisa per executed order. |
| Currency Options. | 1 Paisa per executed order. |
| Commodity. | 1 Paisa per executed order. |
Features:
- Per trade (single order) only 1 paisa brokerage for all equity cash, equity intraday, F & O or currency etc. for both offline & online trades. For example: If you buy shares of 1 lakh rupees or 10 lakhs through an executed order, your brokerage will be equal to 1 rupee.
- No subscription or upfront charges to minimize brokerage charges.
- No extra cost for online trading.
- You have to open a 2 in one account (DP & Trading a/c). & Scheme for both broking & DP has to be the same. For Eg: If you want to open a Diamond Trading a/c then you have to opt for Diamond DP Scheme.
- Both Demat and Trading account is compulsory. If you are interested in Diamond trading account than you can choose Diamond DP scheme.
- Offline traders can use call-n-trade for order placement.
- No cost for Mobile Trading.
- No cost for research and advisory tips.
Action Financial Services Margins or Leverage.
| SEGMENT | MARGINS |
|---|---|
| Equity (Intraday). | Up to 8 times for Intraday. |
| Equity (Delivery). | Up to 2 times for Delivery. |
| Equity Futures. | Up to 3 times for Intraday |
| Equity Options. | No Leverage. |
| Currency Futures. | Up to 2 times for Intraday. |
| Currency Options. | No Leverage. |
| Commodity. | NA. |
Action Financial Services Trading Platforms or Software.
| Trading Platform or Software. | NSE NOW. |
| Web-based. | NSE NOW. |
| Mobile Application. | NSE NOW. |
Action Financial Some Useful Services.
| Online Trade Reports. | Available. |
| Online PNL Reports. | Available. |
| Intraday Chart Facility. | 5 Days. |
| End of Day Chart Facility. | 5 Years. |
| 3 in 1 Account. | NO. |
| Instant Fund withdrawal. | NO. |
| Relationship Managers. | Available. |
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Action Financial Useful Details.
| Price (Broker Type). | Flat 1 paisa per order. |
| Headquarters City (Head Office). | Mumbai(Maharashtra). |
| Total Branches (Presence). | 1 Branches. |
| Research & Tips. | Yes, Research Provided. |
| Total Experience in Broking. | 22 Years of experience. |
| Year of Incorporation. | 1992. |
Client Info & NRI Account opining Regulations.
| Current Active Client Base? | No Info. |
| NRI Account Opening Allowed Or Not. | YES, It is Allowed. |
Fund Transfers Service.
| Number of bank linked to account. | 2+ |
| Mode of payment (Withdraw &Deposit). | Online, NEFT/RTGS, payment Gateway. |
| Fund Payin processing time. | Instant by Payment Gateway ATOM. |
| Fund Payout processed (Working Days). | 1 Day. |
Turnover & Other Charges.
| Equity (Cash & Delivery). | NSE : 0.00325%. |
| Equity Futures. | 0.0019%. |
| Equity Options. | 0.05% (on premium). |
| Currency Futures. | 0.0012%. |
| Currency Options. | 0.042% (on premium). |
| Commodities. | Not Available. |
| Dial & Trade charges. | Rs.0. |
| DP Transaction charge. | Rs 7.5- 16 /per Debit Transaction. |
Support & Tools Available.
| Brokerage calculator. | Available. |
| Margin Calculator. | Not Available. |
| Bracket orders & Trailing stoploss. | Available. |
| Cover order. | NoInfo. |
| User guide & remote end support. | Available. |
Reports & Confirmation.
| Contract notes on Email. | Yes (Register Email ID). |
| Contract notes online. | Yes (Register Email ID). |
| Periodical statement on Email. | Yes (Register Email ID). |
| Trade confirmation on Email. | Yes (Register Email ID). |
| Trade confirmation on SMS. | Yes (Register Email ID). |
Additional Features.
| Charting (Intraday & EOD). | Available. |
| Coding or Backtesting (Algo Trading). | Not Available. |
| Referral program (Affiliate). | Not Available. |
| Training & Education. | Yes, Knowledge center. |
| Online trading community. | Knowledge center |
Customer Care.
| Contact Details. | Registered Office. 31, Rajgir Chambers, 4th Floor,12/14, S. B. Road, Fort, Mumbai – 400 001 |
| Call. | Customer Service: 022 43654242 |
| Email. | [email protected] [email protected] |
| Complaints Or Grievances. | [email protected] [email protected] |
Action Financial Services Review & Ratings
On the scale of 5 (0 is worst & 5 is best). Below are the review & rating for Action Financial Services.
| Summary | Ratings |
|---|---|
| Customer Experience | 3.5 / 5 |
| Trading Platform / Mobile APP | 4 / 5 |
| Services | 4 / 5 |
| Brokerage Charges | 5 / 5 |
| Fund Add / Withdrawal | 4.5 / 5 |
| Overall Rating | 4 / 5 |
| Star Rating | ★★★★ |
| Review Counts | 97 |
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