Goodwill Commodity

(1 customer review)

Goodwill Commodities is a full-service stockbroker which has expertise in commodity trading. They are know known for providing high exposure.

Goodwill Commodity Review


Goodwill Commodity & Wealth Management is a Chennai based full-service broker that having expertise in commodity trading. Established back in 2008, This is a very small brokerage firm in the number of accounts.

They offer service in Equity, Derivatives & Commodity, Currency and Mutual Fund in the stock market. Along with that, they offer advisory services. Especially Goodwill advisory service has awarded thrice from the exchange as best advisory in commodity with accuracy.

As Goodwill Commodities is a Full-service broker so Brokerage charges in Goodwill commodities are based upon the total percentage of turnover value. It means brokerage charges is irrespective of the number of shares or their prices. Goodwill commodity is known for the highest margin limit in the industry.

Goodwill commodity broker is known for the highest margin limit in the stock brokerage industry but they have a relatively low focus on technology. Customer who moved to Goodwill has reported that Goodwill deserves the tag of “High Limit/Margin Provider

Applications & Trading Terminal/Platform

Goodwill Commodity has built its own trading application named ‘GIGA‘ and web-based trading application.

All trading software applications including trading terminal, website and mobile trading (android / iOS) are made available to its customers for free.

  • Goodwill Web:- It is a browser-based trading platform. This platform is useful for investors & traders to access the market in real-time.
  • GIGA (Goodwill Mobile Application):- This is an Android and iOS based mobile application that allows accessing markets and trade using your phone.
  • NEST:- NEST provides trading tools, market data, exchange connectivity and other trading solutions to traditional stockbrokers.

Goodwill Broker Account Opening

The client has the option to open Demat account online & offline both. You can fill the form to start the account opening process.

Apply For Goodwill Commodity Account Opening

Fill the contact form to open an account with Goodwill Commodity Broker.

They offer trading services to buy & sell stocks, futures & options (in Equity, Currency & Commodity segments). Below are some charges which you should consider before opening a demat & trading account.

  • Trading Account Opening Charges – Free
  • Demat Account Opening Charges – Free
  • Demat & Trading Account Annual Maintenance Charges – Free
  • Call & Trade service – Free

Brokerage Charges:

Goodwill broker charge brokerage as:

  • Intraday & Delivery (Equity): 0.01% – 0.20%
  • Equity Futures & Options: 0.20% – 50/Lot
  • Currency Futures & Options: 0.01%
  • Commodity Futures & Options: 0.01%

Margin Or Limit

Below are the limit/Margin list provided by Goodwill Commodity.

SegmentMargin/Limit/Leverage
Equity Intraday40x
Equity Future15X
Equity Option (Buy)3X
Equity Option (Sell)20X
Commodity Future & Option20x

You can also understand with the example as:

  • The client can trade on Gold with Rs. 11000-12500
  • You can trade Crude Oil with Rs. 2000-2500
  • Trade on all base metals approx Rs. 5500
  • In Nifty (Future) you can trade with Rs. 7000-8000
  • And Bank Nifty (Future) with Rs. 5000-6000

Conclusion (Best For)

Goodwill commodity broker is best for regular traders who need high margin & don’t want to pay high brokerage charges. In Commodity segments, they also offer one of the highest margins in the stock market industry.

7.9
Brokerage
8
Trading Platform
7.4
Margin
9.3
Costumer Support
7.4
Reliability
7.6
+ Positives:
  • Higher Limit in the Industry (leading)
  • Cost-efficient brokerage
  • Most qualified Advisory Service (Awarded thrice by NSE )
  • Zero Ruppe account opening & Maintenace Charges
- Negatives:
  • Didn't support Algo trading

Specification: Goodwill Commodity

Brokarage Type

Trading & Demat A/C Opening Charge

FREE

Commodity A/C Opening Charge

Free

Equity Intraday Brokerage

0.01%

Equity Delivery Brokerage

Equity Future Brokerage

0.20%

Currency Option Brokerage

0.01%

Currency Futures Brokerage

0.01%

Commodity Options Brokerage

0.01%

Commodity Futures Brokerage

0.01%

Segment Supported

, ,

AMC Charge (Yearly)

Zero

Tips & Research

Available (Free)

Services

, , , ,

Offline Order Placing Charge

Nil

Videos: Goodwill Commodity

1 review for Goodwill Commodity

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  1. Amit Bajaj

    I have been with Goodwill for a very long time and this brokerage firm is the much better than other fake brokers we have right now. In Goodwill, what they say, they do actually & this is best part I love.

    Chears For Goodwill Team…..

    Helpful(1) Unhelpful(0)You have already voted this
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