Canara Bank vs Easytradez – Compare Charges, Trading Features, Offers & more

Find a Comparison of Canara Bank vs Easytradez here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Canara Bank and Easytradez.

Background

Year of Incorporation 1996 1984 as Asit C. Mehta Investment Interrmediates Ltd
Website https://www.canmoney.in/ http://www.easytradez.com/
Phone 1800-22-0369 +91 22 2858 3296
Exchanges enabled BSE, NSE, NCDEX, ICEX, MCX NSE, BSE, MCX
Demat (NSDL/CDSL) CDSL and NSDL N/A
Brokerage

Equity 0.35% for Delivery & 0.04% for Intraday NA
Equity Futures 0.04% Rs. 20/- per executed order
Equity Options Rs.50 per Lot Rs. 20/- per executed order
Currency Futures 0.04% Rs. 20/- per executed order
Currency Options Rs.50 per Lot Rs. 20/- per executed order
Commodity Rs.50 per Lot Rs. 20/- per executed order
Account Opening Costs

Trading only Free Rs. 299/-
Trading & Demat Free NA
Commodity Free Rs. 299/-
Transparency & other costs

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

Equity 0.00325% No Equity Trading
Futures 0.00325% 0.0039%
Options 0.00325% 0.079%
Commodities 0.00325% No Equity Trading
AMC charge Rs.500 per Annum 0
DP Transaction Charge Rs 9 + GST No equity trading
Offline order placing Charge Rs 20 per executed order Rs. 20/ Call & Trade
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days Not Available (Rs.999 yearly rental for platform
End of Day 5 Years Not Available (Rs.999 yearly rental for platform
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 2x for Delivery & Upto 6x for Intraday No Equity Trading
Equity Futures Upto 3X Upto 2 times for intraday trading
Equity Options Upto 5X No Leverage
Currency Futures Upto 2X Upto 2 times for intraday trading
Currency Options Upto 2X No Leverage
Commodity Upto 2X No Commodity Trading
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator  
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
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.

Profit after Tax FY11/12 Rs 3283 Crores Rs 10.7 Crores
Profit after Tax FY12/13 Rs 2872 Crores Rs 6.01 Crores
Profit after Tax FY13/14 Rs 2438 Crores Rs 1.93 Crores
Profit after Tax FY 14/15 Rs 2703 Crores Rs 3.4 Crores
Profit after Tax FY 15/16 Rs (2813) Crores Rs 6.16 Crores
Profit after Tax FY 16/17 Rs 1122 Crores Rs 8.25 Crores
Profit after Tax FY 17/18 Rs (4222) Crores Rs 10.23 Crores
Profit after Tax FY 18/19 Rs 347 Crores Rs 8.53 Crores
Profit after Tax FY 19/20 Rs (2236) Crores Rs 9.17 Crores
Profit after Tax FY 20/21 Rs 4406.07 Crores Rs 11.71 Crores
Profit after Tax FY 21/22 Rs 5464.49 Crores Rs 13.53 Crores
Profit after Tax FY 22/23 Rs 7518.54 Crores Rs 12.04 Crores
Debt FY11/12 Rs 4.7 Lakhs Rs 23.6 Crores
Debt FY12/13 Rs 5.2 Lakhs Rs 31.1 Crores
Debt FY13/14 Rs 5.6 Lakhs Rs 36.8 Crores
Debt FY14/15 Rs 6.1 Lakhs Rs 35.5 Crores
Debt FY15/16 Rs 6.8 Lakhs Rs 48.31 Crores
Debt FY16/17 Rs 7.2 Lakhs Rs 50.71 Crores
Debt FY17/18 Rs 8.3 Lakhs Rs 79.86 Crores
Debt FY18/19 Rs 7.9 Lakhs Rs 77.50 Crores
Debt FY19/20 Rs 9.4 Lakhs Rs 83.67 Crores
Debt FY20/21 Rs 9.9 Lakhs Rs 83.29 Crores
Debt FY21/22 Rs 10 Lakhs Rs 67.77 Crores
Debt FY22/23 Rs 4.7 Lakhs Rs 76.57 Crores
Profit to Equity(%) FY11/12 74.10 26.82
Profit to Equity(%) FY12/13 64.83 30.04
Profit to Equity(%) FY13/14 54.48 9.05
Profit to Equity(%) FY14/15 11.06 36
Profit to Equity(%) FY15/16 (10.69) 39.93
Profit to Equity(%) FY16/17 4.15 35.70
Profit to Equity(%) FY17/18 (16.74) 58.50
Profit to Equity(%) FY18/19 1.40 49.00
Profit to Equity(%) FY19/20 (8.05) 49.18
Profit to Equity(%) FY20/21 6.71 57.60
Profit to Equity(%) FY21/22 12.82 44.76
Profit to Equity(%) FY22/23 19.49 66.03
Balance Sheet Size FY11/12 Rs 156538,78.76 Rs 99.4 Crores
Balance Sheet Size FY12/13 Rs 182468,06,75 Crores Rs 86.7 Crores
Balance Sheet Size FY13/14 Rs 583519 44 35 Crores Rs 91 Crores
Balance Sheet Size FY14/15 Rs 583519 44 35 Crores Rs 87.8 Crores
Balance Sheet Size FY15/16 Rs 583519 44 35 Crores Rs 113.16 Crores
Balance Sheet Size FY16/17 Rs 583519 44 35 Crores Rs 119.70 Crores
Balance Sheet Size FY17/18 Rs 616886 10 48 Crores Rs 119.71 Crores
Balance Sheet Size FY18/19 Rs 694766 69 05 Crores Rs 118.53 Crores
Balance Sheet Size FY19/20 Rs 723874 74 53 Crores Rs 124.54 Crores
Balance Sheet Size FY20/21 Rs 1027147 88 07 Crores Rs 140.88 Crores
Balance Sheet Size FY21/22 Rs 1228104 88 07 Crores Rs 130.18 Crores
Balance Sheet Size FY22/23 Rs 1345732 24 75 Crores Rs 167.24 Crores

Comparison Link:

Compare Canara Bank Compare Easytradez
Canara Bank Vs Punch Trade Easytradez Vs Punch Trade
Canara Bank Vs BlinkX Easytradez Vs BlinkX
Canara Bank Vs Lemonn Easytradez Vs Lemonn
Canara Bank Vs Mandot Securities Easytradez Vs Mandot Securities
Canara Bank Vs HDFC Sky Easytradez Vs HDFC Sky
Canara Bank Vs Dhan Easytradez Vs Dhan
Canara Bank Vs Goodwill Wealth Easytradez Vs Goodwill Wealth
Canara Bank Vs Shoonya by Finvasia Easytradez Vs Shoonya by Finvasia
Canara Bank Vs NJ Wealth Easytradez Vs NJ Wealth
Canara Bank Vs Paytm Money Easytradez Vs Paytm Money
Canara Bank Vs Globe Capital Easytradez Vs Globe Capital
Canara Bank Vs Finvasia Easytradez Vs Finvasia
Canara Bank Vs Cholamandalam Securities Easytradez Vs Cholamandalam Securities
Canara Bank Vs Axis Direct Easytradez Vs Axis Direct
Canara Bank Vs Alice Blue Easytradez Vs Alice Blue
Canara Bank Vs 5Paisa Easytradez Vs 5Paisa
Canara Bank Vs M.stock Easytradez Vs M.stock
Canara Bank Vs WisdomCapital Easytradez Vs WisdomCapital
Canara Bank Vs Way2wealth Easytradez Vs Way2wealth
Canara Bank Vs Ventura Securities Easytradez Vs Ventura Securities
Canara Bank Vs Navia Markets Ltd Easytradez Vs Navia Markets Ltd
Canara Bank Vs Tradejini Easytradez Vs Tradejini
Canara Bank Vs Tata Securities Easytradez Vs Tata Securities
Canara Bank Vs Swastika Investmart Easytradez Vs Swastika Investmart
Canara Bank Vs SMC Global Easytradez Vs SMC Global
Canara Bank Vs SBICAP Securities Easytradez Vs SBICAP Securities
Canara Bank Vs SASOnline Easytradez Vs SASOnline
Canara Bank Vs Samco securities Easytradez Vs Samco securities
Canara Bank Vs RK Global Easytradez Vs RK Global
Canara Bank Vs Reliance Securities Easytradez Vs Reliance Securities
Canara Bank Vs Nirmal Bang Easytradez Vs Nirmal Bang
Canara Bank Vs Master Trust Capital Easytradez Vs Master Trust Capital
Canara Bank Vs Kotak Securities Easytradez Vs Kotak Securities
Canara Bank Vs Interactive Brokers Easytradez Vs Interactive Brokers
Canara Bank Vs IIFL Securities Easytradez Vs IIFL Securities
Canara Bank Vs Dhani Easytradez Vs Dhani
Canara Bank Vs IDBI Capital Easytradez Vs IDBI Capital
Canara Bank Vs HDFC Securities Easytradez Vs HDFC Securities
Canara Bank Vs Geojit Easytradez Vs Geojit
Canara Bank Vs Fyers Securities Easytradez Vs Fyers Securities
Canara Bank Vs Edelweiss Capital Easytradez Vs Edelweiss Capital
Canara Bank Vs Rupeezy Easytradez Vs Rupeezy
Canara Bank Vs Anand Rathi Easytradez Vs Anand Rathi
Canara Bank Vs Aditya Birla Money Easytradez Vs Aditya Birla Money
Canara Bank Vs Achiievers Easytradez Vs Achiievers
Canara Bank Vs Angel One Easytradez Vs Angel One
Canara Bank Vs Motilal Oswal Easytradez Vs Motilal Oswal
Canara Bank Vs ICICI Direct Easytradez Vs ICICI Direct
Canara Bank Vs Sharekhan Easytradez Vs Sharekhan
Canara Bank Vs Groww Easytradez Vs Groww
Canara Bank Vs Tradesmart Online Easytradez Vs Tradesmart Online
Canara Bank Vs Upstox Easytradez Vs Upstox
Canara Bank Vs Zerodha Easytradez Vs Zerodha

Frequently Asked Questions

Is Canara Bank better than Easytradez ?

Canara Bank and Easytradez are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Easytradez better than Canara Bank ?

Canara Bank and Easytradez are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Canara Bank cheaper than Easytradez ?

Canara Bank and Easytradez are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Easytradez cheaper than Canara Bank ?

Canara Bank and Easytradez are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Canara Bank vs. Easytradez ?

To find out the better of the two stockbrokers Canara Bank and Easytradez, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.