Flattrade Vs Maitra
Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Flattrade Vs Maitra - Broker Details
| Flattrade | Maitra | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 2012 |
| Exchanges | BSE, NSE and MCX | NSE, BSE and MCX |
| Branches | 6 | N/A |
| Brokerage | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Broker Type | Discount Broker | Full Service Broker |
Flattrade Vs Maitra - Account Opening & AMC Charges
| Flattrade | Maitra | |
|---|---|---|
| Trading Account Opening Charge | ₹200 + GST | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹400 + 18% GST |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Flattrade Vs Maitra - Brokerage charges & Plans
| Flattrade | Maitra | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Currency Futures | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Equity Delivery | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Equity Options | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Commodity Options | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Equity Futures | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Currency Options | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Fixed Charges | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Equity Intraday | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
Flattrade Vs Maitra - Other Charges
| Flattrade | Maitra | |
|---|---|---|
| RMS Square Off Charge | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹0 (Free) |
| Other Brokerage Charges | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Minimum Brokerage | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
Flattrade Vs Maitra - Transaction Charges
| Flattrade | Maitra | |
|---|---|---|
| Currency Options | NSE : 0.035% | BSE : 0.001% | 0.053% |
| Equity Futures | 0.0020% | 0.0019% |
| Equity Intraday | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | 0.00325% |
| Equity Options | 0.053% (on premium) | 0.05% |
| Commodity | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% | 0.0026% |
| Currency Futures | NSE : 0.0009% | BSE : 0.00022% | 0.0026% |
| Equity Delivery | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | 0.00325% |
Flattrade Vs Maitra - Margin (Exposure)
| Flattrade | Maitra | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Flattrade Vs Maitra - Features
| Flattrade | Maitra | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Flattrade - (Share Trading App), Web Trading | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Flattrade Vs Maitra - Review & Rating
| Flattrade | Maitra | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Flattrade Vs Maitra - Request a call back from Broker
| Flattrade | Maitra | |
|---|---|---|
Flattrade Vs Maitra - Investment Options
| Flattrade | Maitra | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Flattrade Vs Maitra - Order Type
| Flattrade | Maitra | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Flattrade Vs Maitra - Research & Report
| Flattrade | Maitra | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Flattrade Vs Maitra - Daily Market Report
| Flattrade | Maitra | |
|---|---|---|
| Daily Market Reports & News |
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Flattrade Vs Maitra - Suitable For Investor
| Flattrade | Maitra | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Flattrade Vs Maitra - Pros & Cons
| Flattrade | Maitra | |
|---|---|---|
| Pros | 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| Cons | 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Flattrade Vs Maitra - Background
| Flattrade | Maitra | |
|---|---|---|
Flattrade Vs Maitra - Compare All Brokers
| Flattrade | Maitra | |
|---|---|---|
Flattrade Vs Maitra - STT/CTT
| Flattrade | Maitra | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Flattrade Vs Maitra - Demat transaction charges
| Flattrade | Maitra | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | N/A |
Flattrade Vs Maitra - GST
| Flattrade | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
Flattrade Vs Maitra - SEBI Charges
| Flattrade | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Flattrade Vs Maitra - Account Opening & AMC Charges
Flattrade
Maitra
Trading Account Opening Charge
₹200 + GST
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹400 + 18% GST
Trading Account AMC
₹0 (Free)
₹0 (Free)
Flattrade Vs Maitra
| Flattrade | Maitra | |
|---|---|---|
Flattrade ReviewFlattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs .. + " Vs "+ Maitra |
Maitra Account Opening Process, Charges, and Required Documents Details |
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Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Flattrade Vs Maitra - Brokerage charges & Plans
| Flattrade | Maitra | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Currency Futures | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Equity Delivery | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Equity Options | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Commodity Options | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Equity Futures | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Currency Options | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Fixed Charges | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Equity Intraday | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Call Back Open Account |
Flattrade Vs Maitra - Margin (Exposure)
| Flattrade | Maitra | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Flattrade Vs Maitra - Other Charges
| Flattrade | Maitra | |
|---|---|---|
| RMS Square Off Charge | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹0 (Free) |
| Other Brokerage Charges | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
| Minimum Brokerage | ₹0 (Free) | ₹5/Lot Or ₹20/Order |
Flattrade Vs Maitra - STT/CTT
| Flattrade | Maitra | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Flattrade Vs Maitra - Demat transaction charges
| Flattrade | Maitra | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | N/A |
Flattrade Vs Maitra - GST
| Flattrade | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
Flattrade Vs Maitra - SEBI Charges
| Flattrade | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Flattrade Vs Maitra - Features
| Flattrade | Maitra | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Flattrade - (Share Trading App), Web Trading | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |