FundsIndia Vs Maverick
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
FundsIndia Vs Maverick - Broker Details
| FundsIndia | Maverick | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 2000 |
| Exchanges | Sebi | NSE, BSE, MCX and NCDEX |
| Branches | Zero | N/A |
| Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.01% per order |
| Broker Type | Full Service Broker | Full Service Broker |
FundsIndia Vs Maverick - Account Opening & AMC Charges
| FundsIndia | Maverick | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200 /-(Service Tax) 2nd Year onwards | ₹300 per year | ₹999 for Lifetime |
| Trading Account AMC | N/A | NA |
FundsIndia Vs Maverick - Brokerage charges & Plans
| FundsIndia | Maverick | |
|---|---|---|
| Commodity Futures | N/A | 0.01% per order |
| Currency Futures | N/A | 0.01% per order |
| Equity Delivery | 0.01% | 0.1% per order |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Rs. 10 per lot |
| Commodity Options | N/A | Rs. 10 per lot |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.01% per order |
| Currency Options | N/A | Rs. 10 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 | 0.01% per order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.01% per order |
FundsIndia Vs Maverick - Other Charges
| FundsIndia | Maverick | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹20/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 | 0.01% per order |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.01% per order |
FundsIndia Vs Maverick - Transaction Charges
| FundsIndia | Maverick | |
|---|---|---|
| Currency Options | N/A | Exchange txn charge: 0.035%e |
| Equity Futures | 0.0035% on turnover | NSE: 0.0019% |
| Equity Intraday | 0.0035% on turnover | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | 0.0035% on turnover | NSE: 0.05% (on premium) |
| Commodity | N/A | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | N/A | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | 0.1% on the transaction amount | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
FundsIndia Vs Maverick - Margin (Exposure)
| FundsIndia | Maverick | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
FundsIndia Vs Maverick - Features
| FundsIndia | Maverick | |
|---|---|---|
| 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 | 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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FundsIndia Vs Maverick - Review & Rating
| FundsIndia | Maverick | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
FundsIndia Vs Maverick - Request a call back from Broker
| FundsIndia | Maverick | |
|---|---|---|
FundsIndia Vs Maverick - Investment Options
| FundsIndia | Maverick | |
|---|---|---|
| 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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FundsIndia Vs Maverick - Order Type
| FundsIndia | Maverick | |
|---|---|---|
| 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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FundsIndia Vs Maverick - Research & Report
| FundsIndia | Maverick | |
|---|---|---|
| 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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FundsIndia Vs Maverick - Daily Market Report
| FundsIndia | Maverick | |
|---|---|---|
| Daily Market Reports & News |
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FundsIndia Vs Maverick - Suitable For Investor
| FundsIndia | Maverick | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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FundsIndia Vs Maverick - Pros & Cons
| FundsIndia | Maverick | |
|---|---|---|
| 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. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
| Cons | 1.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. | 1. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
FundsIndia Vs Maverick - Background
| FundsIndia | Maverick | |
|---|---|---|
FundsIndia Vs Maverick - Compare All Brokers
| FundsIndia | Maverick | |
|---|---|---|
FundsIndia Vs Maverick - STT/CTT
| FundsIndia | Maverick | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on sell side (on premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
FundsIndia Vs Maverick - Demat transaction charges
| FundsIndia | Maverick | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | Rs.20 /- |
FundsIndia Vs Maverick - GST
| FundsIndia | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
FundsIndia Vs Maverick - SEBI Charges
| FundsIndia | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
FundsIndia Vs Maverick - Account Opening & AMC Charges
FundsIndia
Maverick
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200 /-(Service Tax) 2nd Year onwards
₹300 per year | ₹999 for Lifetime
Trading Account AMC
N/A
NA
FundsIndia Vs Maverick
| FundsIndia | Maverick | |
|---|---|---|
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 "+ Maverick |
Maverick Account Opening Process and Charges Detail |
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Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
FundsIndia Vs Maverick - Brokerage charges & Plans
| FundsIndia | Maverick | |
|---|---|---|
| Commodity Futures | N/A | 0.01% per order |
| Currency Futures | N/A | 0.01% per order |
| Equity Delivery | 0.01% | 0.1% per order |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | Rs. 10 per lot |
| Commodity Options | N/A | Rs. 10 per lot |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.01% per order |
| Currency Options | N/A | Rs. 10 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 | 0.01% per order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.01% per order |
| Call Back Open Account |
FundsIndia Vs Maverick - Margin (Exposure)
| FundsIndia | Maverick | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
FundsIndia Vs Maverick - Other Charges
| FundsIndia | Maverick | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹20/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 | 0.01% per order |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.01% per order |
FundsIndia Vs Maverick - STT/CTT
| FundsIndia | Maverick | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on sell side (on premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
FundsIndia Vs Maverick - Demat transaction charges
| FundsIndia | Maverick | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | Rs.20 /- |
FundsIndia Vs Maverick - GST
| FundsIndia | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
FundsIndia Vs Maverick - SEBI Charges
| FundsIndia | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
FundsIndia Vs Maverick - Features
| FundsIndia | Maverick | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |