ANS Forex Broker

ANS Review SummaryFounded2005Registered Country/RegionIndiaRegulationNo regulationTrading ProductsEquities, futures, options, commodities, ETFs, currencies, mutual funds, bonds, IPOsDemo Account❌Leverage/Spread/Trading PlatformANS Trade, ANS Money, ANSPL BO, ANS Connect, MoneyMaker Solo, MoneyMaker Dealer, Greeksoft's GREEKMinimum Deposit/Customer SupportContact formTel: +91 97265 44944Email: info@anspl.netWhatsApp, Facebook, Instagram, Linkedin, YoutubeAddress: “ARHAM” FinancialCenter, PanchnathTemple Road, HariharChowk, Rajkot - 360 001ANS Information ANS is an unregulated service provider of premier brokerage and financial services, which was founded in India in 2005. It offers trading in equities, futures, options, commodities, ETFs, currencies, mutual funds, bonds, and IPOs via multiple proprietary mobile apps.Pros and ConsPros Cons Long operation timeLack of regulationVarious trading productsNo demo accountsVarious contact channelsComplex fee structureNo MT4/MT5 platformNo info on deposit and withdrawalIs ANS Legit? No. ANS currently has no valid regulations. Please be aware of the risk!What Can I Trade on ANS?Trading ProductsSupportedEquities✔Futures✔Options✔Commodities✔ETFs✔Currencies✔Mutual Funds✔Bonds✔IPOs✔Indices❌Cryptocurrencies❌ANS Fees FuturesEquity IntradayEquity DeliverySTT/CTT0.02% on the sell side0.125% on intrinsic value0.1% on option sell (premium)Transactional ChargesNSE: 0.00173%NSE: 0.03503% (on premium)BSE: 0BSE: 0.0325% (on premium)GST18% on (brokerage + SEBI charges + transaction charges)SEBI Charges₹10/croreStamp Duty0.002% or ₹200/ crore on buy side0.003% or ₹300/ crore on buy side EquityEquity IntradayEquity DeliverySTT/CTT0.025% on the sell side0.1% on buy & sellTransactional ChargesNSE: 0.00297%NSE: 0.00297%BSE: 0.00375%BSE: 0.00375%GST18% on (brokerage + SEBI charges + transaction charges)SEBI Charges₹10/croreStamp Duty0.003% or ₹300 / crore on buy side0.015% or ₹1500 / crore on buy side Commodity & CurrencyEquity IntradayEquity DeliverySTT/CTT0.01% on the sell side0.05% on buy & sellTransactional ChargesMCX: 0.0021%MCX: 0.0418%NSE: 0.0001%NSE: 0.001%GST18% on (brokerage + SEBI charges + transaction charges)SEBI ChargesAgri: ₹1/ crore₹10/ croreNon-agri: ₹10 / croreStamp Duty0.002% or ₹200/ crore on buy side0.003% or ₹300/ crore on buy side Depository& Account-Related ChargesRateDP Charges (Debit-side)₹17.70 per scrip (₹4 CDSL + ₹11 ANS + ₹2.5 GST)Pledging Charges₹20 + GST per pledge request per ISINMTF Pledge Charges₹50 or 0.03% of the total value per ISIN (Whichever is higher)MTF Pledge ChargesHoldings up to ₹4,00,000 - Rs. 0 AMCRs. 4 lakhs to Rs. 10lakhs - Rs.100 AMCAbove Rs.10 lakhs - Regular AMC may be leviedAMC – Non-BSDA Demat Account₹300/year + 18% GST (charged quarterly) Transactional & Platform ChargesCharge TypeRateBuyback ApplicationsNo charge on application; Brokerage applied on allotted shares as per your slabOFS (Offer for Sale)Charged as per your regular brokerage slabOff-Market Transfer (> ₹1.3 lakh)0.03% of total transaction valueOff-Market Transfer (< ₹1.3 lakh)₹40 per transactionAccount with Debit Balance0.049% interest per dayPayment Gateway Charges0Delayed Payment Charges18% annually or 0.05% per day on debit balancesTrading PlatformTrading PlatformSupported Available Devices Suitable for ANS Trade✔Mobile/ANS Money✔Mobile/ANSPL BO ✔Mobile/ANS Connect✔Mobile/MoneyMaker Solo✔PC, web, mobile/MoneyMaker Dealer✔PC, web, mobile/Greeksoft's GREEK✔PC, web, mobile/MT4❌/BeginnersMT5❌/Experienced traders