Score

1.52 /10
Danger

AEL

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Exposure

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Website

Score

Regulatory Index0.00

Business Index7.09

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

AEL · Company summary

General Information & Regulation

Incorporated in 1999, Achiievers Equities Ltd is an online discount brokerage firm offering brokerage services for stocks, futures, and options, currency and commodities on NSE, BSE & MCX.

Markets Instruments

Trading products offered by Achiievers include Equity, Commodity, Demat Services, Currency, Mutual Funds, Insurance, Corporate Fixed Deposits, and more. Online Mutual Fund and investment in IPOs through online is a new service they bring in their basket. In the Insurance business, they are the channel partners of some most famous brand houses and industry giants like LIC of India, Reliance Life Insurance, Kotak Life Insurance, DLF Pramerica for Life Insurance products and ICICI Lombard and Cholamandalam M S in General Insurance.

Account Types

Achiievers Equities offers different plans to suit your trading needs:

Flat Rs 50 per Day Plan

This plan offers trading at flat Rs 50 per day for unlimited trade. Trading is available at BSE, NSE, and MCX stock exchanges in equity, commodities and currency derivatives segments.

Flat Rs 15 per Trade Plan

This plan offers trading at flat Rs 15 per trade irrespective to the size of the trade. The brokerage is charged at Rs 15 per executed order. Trading is available at BSE, NSE and MCX stock exchanges in equity, commodities and currency derivative segments

Flat Rs 750 per month unlimited trading plan

This trading plan offers unlimited monthly trading at flat Rs 750 per month per segment.

Life-Time Brokerage Subscription Plans

This trading plan offers 3 choices of 5, 10 and 15 years validity. Customers have to pay an upfront fee and zero brokerage is charged until the validity period is over. There is no limit to trades done in the validity period.

Traditional Plans

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Trading Platform

Achiievers doesn't have trading platforms on its own. It provides its customers access to NSE NOW trading platform. The platform is available in mobile, website and desktop versions. NOW Trading Platform is owned by NSE subsidiary Dotex International Limited.

Achiievers Margin

Achiievers margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Achiievers F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Achiievers F&O carry forward positions and equity delivery trades.

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Achiievers Complaint

The number of Achiievers customer complaint received by the exchanges. The Achiievers consumer complaint report helps understanding the Achiievers Equities Ltd quality and relibility of service.

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