FundsIndia Vs Fisdom
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Fisdom
Fisdom Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
FundsIndia Vs Fisdom - Broker Details
| FundsIndia | Fisdom | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2009 | 2015 |
| Exchanges | Sebi | NSE, BSE, and NCDEX |
| Branches | Zero | 15+ |
| Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Broker Type | Full Service Broker | Discount Broker |
FundsIndia Vs Fisdom - Account Opening & AMC Charges
| FundsIndia | Fisdom | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free) |
| Demat Account AMC | ₹200 /-(Service Tax) 2nd Year onwards | Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime |
| Trading Account AMC | N/A | NA |
FundsIndia Vs Fisdom - Brokerage charges & Plans
| FundsIndia | Fisdom | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Delivery | 0.01% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Commodity Options | N/A | N/A |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Currency Options | N/A | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
FundsIndia Vs Fisdom - Other Charges
| FundsIndia | Fisdom | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/ Order |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
FundsIndia Vs Fisdom - Transaction Charges
| FundsIndia | Fisdom | |
|---|---|---|
| Currency Options | N/A | NSE: 0.053% (on premium) |
| Equity Futures | 0.0035% on turnover | NSE: 0.002% |
| Equity Intraday | 0.0035% on turnover | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | 0.0035% on turnover | NSE: 0.053% (on premium) |
| Commodity | N/A | N/A |
| Currency Futures | N/A | NSE: 0.002% |
| Equity Delivery | 0.1% on the transaction amount | NSE: 0.00345% | BSE: 0.00345% |
FundsIndia Vs Fisdom - Margin (Exposure)
| FundsIndia | Fisdom | |
|---|---|---|
| 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 | N/A | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
FundsIndia Vs Fisdom - Features
| FundsIndia | Fisdom | |
|---|---|---|
| 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity & F&O:- 3:15 PM | Currency: 4:20 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 1. Fisdom Mobile App, 2. Fisdom Web Portal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
FundsIndia Vs Fisdom - Review & Rating
| FundsIndia | Fisdom | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
FundsIndia Vs Fisdom - Request a call back from Broker
| FundsIndia | Fisdom | |
|---|---|---|
FundsIndia Vs Fisdom - Investment Options
| FundsIndia | Fisdom | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
FundsIndia Vs Fisdom - Order Type
| FundsIndia | Fisdom | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
FundsIndia Vs Fisdom - Research & Report
| FundsIndia | Fisdom | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
FundsIndia Vs Fisdom - Daily Market Report
| FundsIndia | Fisdom | |
|---|---|---|
| Daily Market Reports & News |
|
|
FundsIndia Vs Fisdom - Suitable For Investor
| FundsIndia | Fisdom | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
FundsIndia Vs Fisdom - Pros & Cons
| FundsIndia | Fisdom | |
|---|---|---|
| Pros | 1.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. | 1. user-friendly trading platform 2.It provides the most advanced trading platforms. 3. Wide Range of Financial Products. 4.Competitive Pricing 5. It has the best team for research analysts that provides various research reports and tips. |
| Cons | 1.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. | 1. It does not facilitate its customers with the 3-in-1 demat account. 2.The charges for call and trade is ₹20. 3. Fisdom charges high fees or has hidden costs. |
FundsIndia Vs Fisdom - Background
| FundsIndia | Fisdom | |
|---|---|---|
FundsIndia Vs Fisdom - Compare All Brokers
| FundsIndia | Fisdom | |
|---|---|---|
FundsIndia Vs Fisdom - STT/CTT
| FundsIndia | Fisdom | |
|---|---|---|
| Commodity Futures | N/A | 0.01% only on sell side Non-Agri |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | N/A | 0.05% only on sell side |
FundsIndia Vs Fisdom - Demat transaction charges
| FundsIndia | Fisdom | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | ₹15 per scrip per day |
FundsIndia Vs Fisdom - GST
| FundsIndia | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
FundsIndia Vs Fisdom - SEBI Charges
| FundsIndia | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
FundsIndia Vs Fisdom - Account Opening & AMC Charges
FundsIndia
Fisdom
Trading Account Opening Charge
₹0 (Free)
Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free)
Demat Account AMC
₹200 /-(Service Tax) 2nd Year onwards
Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime
Trading Account AMC
N/A
NA
FundsIndia Vs Fisdom
| FundsIndia | Fisdom | |
|---|---|---|
FundsIndia Review 2024FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm .. + " Vs "+ Fisdom |
Fisdom Account Opening Process and Charge Details |
|
|
|
|
|
Fisdom
Fisdom Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
FundsIndia Vs Fisdom - Brokerage charges & Plans
| FundsIndia | Fisdom | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Delivery | 0.01% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Commodity Options | N/A | N/A |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Currency Options | N/A | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Call Back Open Account |
FundsIndia Vs Fisdom - Margin (Exposure)
| FundsIndia | Fisdom | |
|---|---|---|
| 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 | N/A | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | N/A | 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 |
FundsIndia Vs Fisdom - Other Charges
| FundsIndia | Fisdom | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/ Order |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
FundsIndia Vs Fisdom - STT/CTT
| FundsIndia | Fisdom | |
|---|---|---|
| Commodity Futures | N/A | 0.01% only on sell side Non-Agri |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | N/A | 0.05% only on sell side |
FundsIndia Vs Fisdom - Demat transaction charges
| FundsIndia | Fisdom | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | ₹15 per scrip per day |
FundsIndia Vs Fisdom - GST
| FundsIndia | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
FundsIndia Vs Fisdom - SEBI Charges
| FundsIndia | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
FundsIndia Vs Fisdom - Features
| FundsIndia | Fisdom | |
|---|---|---|
| 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity & F&O:- 3:15 PM | Currency: 4:20 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 1. Fisdom Mobile App, 2. Fisdom Web Portal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |