Steel City Securities

Steel City Securities is public company which was founded by Satish Kumar Arya in the year 1995. In Southern
India, Steel City Net Trade deals in retail stock broking. Headquarter of this company is situated in
Vishakhapatnam, AP.

Company has memberships in stock exchanges such as MCX, NCDEX, NSE, BSE etc. On this article, we will
discuss Customer Reviews and Ratings, Brokerage Charge & Fees, company product services, trading
platforms and other information about company. So, have a Look Below:

About Steel City Securities

Company Type Public

Broker Type Full Service Broker

Headquarters Vishakhapatnam, AP

Founder Satish Kumar Arya

Established Year 1995

Steel City Securities is public company which was established in 1995. Founder of this public company is
Satish Kumar Arya.

Headquarter of Steel City Net Trade is situated in Vishakhapatnam, AP and It dealing with Full Service
Brokerage.

Now, let’s read more information about company from below section.
 Steel City Securities Brokerage Charges

Equity Delivery Trading 0.28%

Equity Intraday Trading 0.03%
Commodity Options Trading NA
Equity Futures Trading 0.03%
Equity Options Trading Rs.28 per Lot
Currency Futures Trading 0.03%
Currency Options Trading Rs.18 per Lot
Minimum Brokerage Percentage of Transaction
Demat AMC Charges Rs.300 per Annum
Trading AMC Charges Free
Margin Money Zero Margin
Brokerage Calculator Steel City Securities Brokerage Calculator

Let’s check the brokerage charges & Fees charged by steel city which is given below:

▪ Equity Delivery Trading will be charged 0.28%.

▪ Equity Intraday Trading and Equity Futures Trading is charged 0.03% where as Commodity Options
Trading is not available.
▪ The Equity Options Trading will be charged Rs.28 per Lot whereas Currency Options Trading will be
charged Rs.18 per Lot.
▪ Minimum Brokerage is Percentage of Transaction and minimum margin money will be zero.
▪ Trading annual maintenance charge is totally free and Demat AMC Charges is Rs.300 per Annum.

Steel City Securities Other Charges

Transaction Charges 0.00300%

STT 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges)
There are some additional charges on steel city and accounts these are as follows, 0.00300% as Transaction
Charges, 0.0002 % of total turnover as SEBI Turnover Charges, 0.0126 % of the total turnover as STT.

As per state guidance, minimal Stamp Duty has decided by steel city. On total amount of brokerage &
transaction charges, GST of 18% will be imposed.

Steel City Securities Demat Account Opening Fees

Depository Source CDSL & NSDL
Account Opening Charges Zero
Demat AMC Charges Rs.300 per Annum
Trading AMC Charges Free
Margin Money Zero Margin
Offline to Online Yes
Steel city deals in CDSL & NSDL Depository Source and opens account free of cost. Rs.300 per Annum will be
charged as Demat AMC Charges whereas Trading AMC Charges is free of cost.

Steel city also provide facility of offline account to online account. Margin limit has decided by Steel city is zero.

Steel City Securities Offers

Free Demat Account Yes
Free Trading Account Yes
Discount on Brokerage Yes
Trading Happy Hours No
Flexible Brokerage Plans Yes
1 Month Brokerage Free No
Holiday Offers No
Referral Offers No
Zero Brokerage for Loss Making Trades No
Steel city provides many offers to their account holders such as Free Demat Account, Free Trading Account,
Discount on Brokerage, Flexible Brokerage Plans etc.

Presently, Steel city company does not offer Trading Happy Hours, 1 Month Brokerage Free, Holiday Offers,
Referral Offers and Zero Brokerage for Loss Making Trades etc.
 How to Open a Demat Account with Steel City
Securities?
Want to open Demat account with Steel city then follow instructions step by step provided below:

▪ In below section Press on green button which is shown as ‘Open Demat Account’.
▪ After that, Go through whole information carefully.
▪ In application form, fill all information correctly.
▪ Upload require KYC credentials like PAN Card, Aadhar Card, Age Proof, Identity Proof, Address Proof
and one passport size photograph and other important testimonials.
▪ After uploading all documents, an authorized person will check testimonials on behalf of company.
▪ After Successful verification, Access your account within few hours.

Why Open Steel City Securities Trading Account?

Trading account is very simple to open with steel city company. By opening trading account, steel city give
many benefits to its customers. Check Below:

▪ Steel city offers Free Trading Account service.

▪ On Steel city trading account, there is no Brokerage Charge & Fees
▪ There is free of cost Trading AMC Charges.

Steel City Securities Products & Services

Here are the list of Products & Services provided by Steel City Securities

Steel City Securities Products

Equity Trading Yes

Commodity Trading No

Currency Trading Yes

Options Yes

Futures Yes

Mutual Funds Yes

Forex No
 Banking No

SIP Yes

Insurance Yes

There are various products and services provided by steel city company. In above table, which things are
marked as “YES” are available products in company like Equity Trading, Currency Trading, SIP, Insurance,
Options, Mutual Funds, Futures etc and those which are marked as “NO” are not available presently like
Banking, Forex, Commodity Trading etc.

Steel City Securities Service Offerings:

Demat Services Yes

Trading Services Yes

3 in 1 Account No

Intraday Services Yes

IPO Services Yes

Stock Recommendations Yes

Robo Advisory No

PMS No

Trading Institution No

Trading Exposure Upto 7X

On the best services provided by this public company such as Demat Services, Trading Services, Stock
Recommendations, Intraday Services, IPO Services etc. Along with these services, Trading Exposure upto 7X
is available.

The things which are marked as “NO” in above table is not available such as Trading Institution, PMS, Robo
Advisory, 3 in 1 Account etc.
Steel City Securities Research, Advisory and Stock
Tips
Fundamental Reports No

Research Reports Yes

Company Reports No

Annual Reports No

Company Stock Review No

Free Stock Tips Yes

IPO Reports Yes

Top Picks No

Daily Market Review Yes

Monthly Reports Yes

Weekly Reports Yes

Offline Advisory Yes

Relationship Manager Yes

Advisory team will post analysis reports to clients as per their necessities. This company also gives regular
news, and other necessary financial statements of company as needed by investors.

Company research and advisory is very good as it provides Relationship Manager, Offline Advisory, Weekly
Reports, Monthly Reports, Daily Market Review, IPO Reports, Free Stock Tips, Research Reports etc.

But there are some things which are excluded from it that are Top Picks, Company Stock Review, Annual
Reports, Company Reports and Fundamental Reports etc.

Steel City Securities Exposure or Leverage

 Equity Delivery Upto 5X

Equity Intraday Upto 5X

Equity Futures Upto 5X

Equity Options Upto 3X

Currency Futures Upto 2X

Currency Options Upto 2X

Commodities Upto 5X

Margin Calculator Steel City Securities Margin Calculator

Steel City Securities Trading Platforms

Here are the thorough details on various trading platforms offered by Steel City Securities to its consumers. All
the platforms have been established in-house and always get progressed on an unremitting basis.

Desktop Platform – Windows Yes

Desktop Platform – Mac No

Desktop Browser Platform Yes

Mobile Site Platform Yes

Android App Platform No

iOS App Platform No

 Windows App Platform No

Other Mobile OS Platform No

Real time Updates Yes

Portfolio Details Yes

Online MF Buy Yes

News Flash Yes

Research Reports Yes

Easy Installation Yes

Global Indices Yes

Stock Tips Yes

Personalized Advisory No

Interactive Charts Yes

Live Markets Yes

SMS Alerts Yes

Email Alerts Yes

Multi Account Management No

Steel City Securities Trading Terminal

Steel City Securities Trading Terminal is well settled trading platform. We can install mobile application or also
use online web services for getting effective results. Some features is given below, check now:

▪ Desktop Platform – Windows and Desktop Browser Platform is available.

▪ Mobile Site Platform is available.
Steel City Securities Web Trading Platform
Steel City Securities Web Trading platform is available with many useful services:

▪ It provides Real time Updates, Portfolio Details, Online MF Buy

▪ You will also get News Flash, Research Reports, Easy Installation, Live Markets, Global Indices, Stock
Tips etc.
Steel City Securities Mobile App
▪ Mobile application is available to download easily.
▪ Customers can easily use Interactive Charts etc.
▪ Email Alerts and SMS Alerts are also available.
There are many trading platform services which are unavailable presently such as Android App Platform, iOS
App Platform, Windows App Platform, Other Mobile OS Platform, Desktop Platform – Mac , Personalized
Advisory and Multi Account Management etc.

Steel City Securities Customer Care

The broking company offers the following networks of communications to its users as given below:

Dedicated Dealer Yes

Offline Trading Yes

Online Trading Yes

24*7 Support No

Email Support Yes

Chat Support No

Toll Free Number No

Branches 10

Steel City Securities Company has total 10 branches across the nation which provides Online Trading and
Offline Trading facilities along with Dedicated Dealer and Email Support facilities.

24*7 Support, Chat Support and Toll Free Number facilities is unavailable presently but company work on it.

Steel City Securities Complaints and Feedback

Find the list of complaint against Steel City Securities

Lodged in BSE 1
 Resolved in BSE 1

Lodged in NSE 5

Resolved in NSE 5

Percentage of No. of Complaints Received Against Number of Active Clients 0.03

As per last year data, Percentage of No. of Complaints Received against Number of Active Clients is 0.03.

There are 5 complaints Lodged in NSE and Resolved in NSE and 1 complaint Lodged in BSE & Resolved in
BSE. It seems how company resolved the problems of customers with fully satisfaction.