Way2wealth Started in 1984, Way2Wealth today has established itself as one of India’s ‘Premier Investments Consultancy Firms’, known for making investing simpler, more understandable & profitable for the investors.
Way2wealth offer a wide range of products & services under one roof, for the convenience & benefit of our customers.
Way2wealth service our customer relationships through a team of over 1000 wealth managers spread across 562+ easily accessible ‘Investment Outlets’ in almost all major towns & cities in India.
| Website. | www.way2wealth.com |
| Demat Account. | NSDL/CDSL. |
| Trading Exchanges. | NSE,BSE,MCX-SX,MCX,NCDEX. |
| Broker Type. | Full Service Broker. |
Account opening Charges.
| Trading Account. | Rs.0. |
| Demat account. | Rs.350. |
| Commodity Account. | Rs.100. |
| Trading Annual maintenance charges (AMC). | Rs 300/per year. |
Brokerage Charges.
| CHARGES. | SEGMENTS. | BROKERAGE. |
| ACCOUNT OPENING: EQUITY DERIVATIVES + CURRENCY DERIVATIVES. | Download PDF. | Rs. 199/- |
| ACCOUNT OPENING: EQUITY DERIVATIVES + CURRENCY DERIVATIVES. | Ask for pre-printed form. | Rs. 299/- |
| ACCOUNT OPENING: EQUITY DERIVATIVES + CURRENCY DERIVATIVES. | Download PDF. | Rs. 199/- |
| ACCOUNT OPENING: EQUITY DERIVATIVES + CURRENCY DERIVATIVES. | Ask for pre-printed form. | Rs. 299/- |
| BROKERAGE. | Equity Futures. | Rs. 20/- per executed order. |
| Equity Options. | Rs. 20/- per executed order. | |
| Commodity Futures. | Rs. 20/- per executed order. | |
| Currency Futures. | Rs. 20/- per executed order. | |
| Currency Options. | Rs. 20/- per executed order. | |
| CONTRACT NOTE. | Digital. | Nil. |
| Physical. | Rs. 25/- per contract + Rs. 15/- courier charges. | |
| CALL-2-TRADE. | Rs. 20/- per call. | |
| PAYMENT GATEWAY TRANSACTION CHARGE. | Rs. 10/- per fund transfer. | |
| ACCOUNT MAINTENANCE CHARGES. | Nil. |
Leverage or Margin.
| SEGMENT. | MARGINS. |
| Equity (Intraday). | 0.04% for Intraday – Negotiable. |
| Equity (Delivery). | 0.4% for Delivery – Negotiable. |
| Equity Futures. | 0.04% of Turnover – Negotiable. |
| Equity Options. | Rs 50/lot – Negotiable. |
| Currency Futures. | 0.04% of Turnover – Negotiable. |
| Currency Options. | Rs 50/lot – Negotiable. |
| Commodity. | 0.04% of Turnover – Negotiable. |
Trading Platform Or Software.
| Trading Platform or Software. | W2W Pro (for active traders). |
| Web based. | W2W Direct (for beginners & investors). |
| Mobile Application. | Mobile Lite (Browser’ based, no software installation needed, works with any GPRS enabled Mobile H&set.) Mobile Pro (Application’ based trading, ideal for the active traders.) |
Some Useful Services.
| Online Trade Reports. | YES. |
| Online PNL Reports. | YES. |
| Intraday Chart Facility. | 22Days onNEST. |
| End of Day Chart Facility. | 10 Years onNEST. |
| 3 in 1 Account. | NO. |
| Instant Fund withdrawal. | NO. |
| Relationship Managers. | YES. |
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Useful Details.
| Price (Broker Type). | Percentage Based. |
| Headquarters City (Head Office). | Mumbai(Maharashtra). |
| Total Branches (Presence). | 330 Branches |
| Research & Tips. | Yes Research Provided. |
| Total Experience in Broking. | 31 Years of experience. |
| Year of Incorporation. | 1984. |
Client Info & NRI Account opining Regulations.
| Current Active Client Base? | More Than 1,25,000. |
| NRI Account Opining Allowed Or Not | YES, It is Allowed. |
Fund Transfers Service.
| Number of bank linked to account. | 3. |
| Mode of payment (Withdraw &Deposit). | Payment Gateway. |
| Fund Payin processing time . | Instant by payment Gateway. |
| Fund Payout processed (Working Days). | 1 Day. |
Turnover & Other Charges.
| Equity (Cash & Delivery) Turnover charges. | 0.003861% of Turnover. |
| Equity Futures Turnover charges. | 0.003412% of Turnover. |
| Equity Options Turnover charges. | 0.05618% on premium |
| Currency Futures Turnover charges. | 0.003412%. |
| Currency Options Turnover charges. | 0.05618% on premium. |
| Commodities Turnover charges. | 0.0035%. |
| Dial & Trade charges. | Rs.0. |
| DP Transaction charge. | Rs 15 per debit instruction. |
Support & Tools Available.
| Brokerage calculator. | Not Available. |
| Margin Calculator. | Not Available. |
| Bracket orders & Trailing stoploss. | Not Available. |
| Cover order. | No Info. |
| User guide & remote end support. | YES. |
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). | YES. |
| Coding or Backtesting (Algo Trading). | Not Available. |
| Referral program (Affiliate). | Not Available. |
| Training & Education. | Education via learning center. |
| Online trading community. | Not Available. |
Customer Care.
| Contact Details. | Corporate Office. Raman B V 3rd Floor,Hincon House, Tower-B,247 Park, L.B.S. Marg,Vikroli(W), MUMBAI : 400083, MAHARASHTRA. Phone: 022 61462900. |
| Call. | Customer Care. Toll free no 1800-425-3690. Mon-Fri 8.30am to 5:30pm, Sat: 10am to 1pm. |
| Email. | To start a Relationship [email protected] For Online Trading Queries, issues, demo, etc. [email protected] For Online Trading Password Reset [email protected] For DP query, Holding details, Statement request, Email ID change, Account Closure [email protected] |
| Complaints Or Grievances. | [email protected] Grievance Redressal Officer. |
Way2wealth Review & Ratings
On the scale of 5 (0 is worst & 5 is best). Below are the review & rating for Way2wealth.
| 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 | 298 |
Sebi Registration.
| Way2wealth Private Limited, SEBI Reg. Nos. NSE CM: INB231150237, NSE FO: INF230683037, NSE CDM: INE231150237, BSE CM: INB011150233. MCX-SX CDS: INE261150237, BGSE CM: INB081150238, PMS: INP000000829, AMFI Regn. No.: ARN 0009. |
| DP SEBI Regn. No. NSDL: IN-DP-NSDL-253-2005, CDSL: IN-DP-CDSL-526-2009. |
| Way2Wealth Commodities Private Limited, MCX: FMC Code MCX/TCM/CORP/1616, MCX Member ID 40040. NCDEX: FMC Code: NCDEX/TCM/CORP/0883, NCDEX Member ID: 00908. |
| Way2Wealth Insurance Brokers Private Limited, IRDA License No – 222. |
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