Navia Markets Ltd vs Way2wealth – Compare Charges, Trading Features, Offers & more

Find a Comparison of Navia Markets Ltd vs Way2wealth 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 Navia Markets Ltd and Way2wealth.

Background

Year of Incorporation 1983 as Navia Markets Ltd. 1984
Website https://navia.co.in/ https://www.way2wealth.com/
Phone +91-7010075500 1800 425 3690 FREE
Exchanges enabled NSE, BSE, MCX NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL NSDL, CDSL
Brokerage

Equity 0.20% delivery and 0.04% intraday 0.04% for Intraday, 0.4% for Delivery - Negotiable
Equity Futures 0.03% per executed order 0.04% of Turnover - Negotiable
Equity Options Rs 30 per lot Rs 50/lot - Negotiable
Currency Futures 0.03% per executed order 0.04% of Turnover - Negotiable
Currency Options Rs 20 per lot Rs 50/lot - Negotiable
Commodity Rs 30 per lot 0.04% of Turnover - Negotiable
Account Opening Costs

Trading only Free NA
Trading & Demat Rs 300 Rs 350
Commodity Free Rs 100
Transparency & other costs

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

Equity 0.00325% of Turnover 0.0038% of Turnover
Futures 0.00350% of Turnover 0.0034% of Turnover
Options 0.0750% on Premium Turnover 0.056% of Premium Turnover
Commodities 0.004% of Turnover 0.0035% of Turnover
AMC charge Rs 300 per annum Rs 330
DP Transaction Charge Rs. 30 of turnover Rs 18/debit instruction
Offline order placing Charge Rs 0 NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 days 22 days on NEST
End of Day 10 Years 10 years on NEST
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 3X Upto 6 times for Intraday, 0 for Delivery
Equity Futures Upto 1X Upto 2 times for Intraday
Equity Options Upto 5X No Leverage
Currency Futures Upto 3X Upto 2 times for Intraday
Currency Options Upto 3X No Leverage
Commodity Upto 2X Upto3 times for Intraday
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 10.07 Lakhs Rs 4.2 Lakhs
Profit after Tax FY12/13 Rs 22.02 Lakhs Rs 5.87 Lakhs
Profit after Tax FY13/14 Rs 22.04 Lakh Rs 5.23 Lakh
Profit after Tax FY 14/15 Rs 25.14 Lakh Rs 7.93 Lakh
Profit after Tax FY 15/16 Rs 18.74 Lakh Rs 11.19 Lakh
Profit after Tax FY 16/17 Rs 30.05 Lakh Rs 11.74 Lakh
Profit after Tax FY 17/18 Rs 28.89 Lakh Rs 12.16 Lakh
Profit after Tax FY 18/19 Rs 34.01 Lakh Rs 14.39 Lakh
Profit after Tax FY 19/20 Rs 22.54 Lakh Rs 14.50 Lakh
Profit after Tax FY 20/21 Rs 32.14 Lakh Rs 16.00 Lakh
Profit after Tax FY 21/22 Rs 37.42 Lakh Rs 17.02 Lakh
Profit after Tax FY 22/23 Rs 35.03 Lakh Rs 15.37 Lakh
Debt FY11/12 Rs 2.31 Lakhs Rs 10.4 Lakhs
Debt FY12/13 Rs 3.89 Lakh Rs 17.2 Lakhs
Debt FY13/14 Rs 4.97 Lakh Rs 19.78 Lakh
Debt FY14/15 Rs 5.75 Lakh Rs 16.80 Lakh
Debt FY15/16 Rs 6.10 Lakh Rs 20.27 Lakh
Debt FY16/17 Rs 7.73 Lakh Rs 18.04 Lakh
Debt FY17/18 Rs 8.44 Lakh Rs 22.55 Lakh
Debt FY18/19 Rs 8.44 Lakh Rs 22.41 Lakh
Debt FY19/20 Rs 8.44 Lakh Rs 23.16 Lakh
Debt FY20/21 Rs 10.65 Lakh Rs 25.14 Lakh
Debt FY21/22 Rs 10.20 Lakh Rs 26.94 Lakh
Debt FY22/23 Rs 11.92 Lakh Rs 25.88 Lakh
Profit to Equity(%) FY11/12 0.96 0.25
Profit to Equity(%) FY12/13 1.99 1.52
Profit to Equity(%) FY13/14 1.59 2.39
Profit to Equity(%) FY14/15 2.03 3.71
Profit to Equity(%) FY15/16 2.03 3.71
Profit to Equity(%) FY16/17 4.60 4.61
Profit to Equity(%) FY17/18 5.44 5.42
Profit to Equity(%) FY18/19 6.58 6.22
Profit to Equity(%) FY19/20 7.32 7.38
Profit to Equity(%) FY20/21 8.77 8.12
Profit to Equity(%) FY21/22 9.21 9.22
Profit to Equity(%) FY22/23 10.45 10.22
Balance Sheet Size FY11/12 Rs 26.93 Crores Rs 159 Crores
Balance Sheet Size FY12/13 Rs 20.45 Crores Rs 148 Crores
Balance Sheet Size FY13/14 Rs 22.08 Crores Rs 170 Crores
Balance Sheet Size FY14/15 Rs 25.48 Crores Rs 187.92 Crores
Balance Sheet Size FY15/16 Rs 29.85 Crores Rs 259.67 Crores
Balance Sheet Size FY16/17 Rs 30.30 Crores Rs 289.46 Crores
Balance Sheet Size FY17/18 Rs 39.44 Crores Rs 160.16 Crores
Balance Sheet Size FY18/19 Rs 36.09 Crores Rs 240.46 Crores
Balance Sheet Size FY19/20 Rs 36.09 Crores Rs 294.59 Crores
Balance Sheet Size FY20/21 Rs 36.39 Crores Rs 181.53 Crores
Balance Sheet Size FY21/22 Rs 36.39 Crores Rs 227.41 Crores
Balance Sheet Size FY22/23 Rs 35.23 Crores Rs 289.78 Crores

Comparison Link:

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Frequently Asked Questions

Is Navia Markets Ltd better than Way2wealth ?

Navia Markets Ltd and Way2wealth 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 Way2wealth better than Navia Markets Ltd ?

Navia Markets Ltd and Way2wealth 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 Navia Markets Ltd cheaper than Way2wealth ?

Navia Markets Ltd and Way2wealth 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 Way2wealth cheaper than Navia Markets Ltd ?

Navia Markets Ltd and Way2wealth 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 Navia Markets Ltd vs. Way2wealth ?

To find out the better of the two stockbrokers Navia Markets Ltd and Way2wealth, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.