Indira Securities Vs Definedge Securities
Indira Securities
Indira Securities Review gives an overall view and updates about the Indira Securities Brokerage Charges, Indira Securities Margin, Indira Securities Trading Software 2024, Indira Securities Demat Account Charges and it also gives overview on Indira Securities NRI Account, Indira Securities Branches, Indira Securities Customer Complaints, Indira Securities Advantages and Disadvantages
Definedge Securities
Indira Securities Vs Definedge Securities - Broker Details
| Indira Securities | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1996 | 2015 |
| Exchanges | NSE, BSE, MCX. | NSE, BSE, MCX and NCDEX. |
| Branches | 70+ | 270 |
| Brokerage | ₹20/ Order or 0.01% (whichever is lower) | ₹18 per executed order |
| Broker Type | Full Service Broker | Discount Broker |
Indira Securities Vs Definedge Securities - Account Opening & AMC Charges
| Indira Securities | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹450 (2nd year onwards) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
Indira Securities Vs Definedge Securities - Brokerage charges & Plans
| Indira Securities | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹20/ Order or 0.10% (whichever is lower) | ₹0 (Free) |
| Equity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹18 per executed order |
| Commodity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹18 per executed order |
| Equity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20/ Order or ₹25/ Lot (both side) | ₹18 per executed order |
| Fixed Charges | ₹20/ Order or 0.01% (whichever is lower) | ₹18 per executed order |
| Equity Intraday | ₹20/ Order or 0.01% (whichever is lower) | 0.03% or ₹ 18 per executed order whichever is lower |
Indira Securities Vs Definedge Securities - Other Charges
| Indira Securities | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹36/- per order |
| Other Brokerage Charges | ₹20/ Order or 0.01% (whichever is lower) | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
Indira Securities Vs Definedge Securities - Transaction Charges
| Indira Securities | Definedge Securities | |
|---|---|---|
| Currency Options | NSE ₹500/Cr (0.005%) (on premium) | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE: ₹200/Cr (0.0019%) | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE: ₹345/Cr (0.00325%) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE ₹5000/Cr (0.05%) (on premium) | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | Non-Agri: ₹260/Cr (0.0026%) | Agri: ₹600/Cr (0.006%) | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE ₹120/Cr (0.0012%) | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE: ₹345/Cr (0.00325%) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Indira Securities Vs Definedge Securities - Margin (Exposure)
| Indira Securities | Definedge Securities | |
|---|---|---|
| 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 | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Indira Securities Vs Definedge Securities - Features
| Indira Securities | Definedge Securities | |
|---|---|---|
| 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 | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.Trade Insta - (Mobile App) 2. Indira Trade - (Web) 3. Indira Trader Terminal- (Desktop Software) 4.MF Planet( Mutual fund) | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Indira Securities Vs Definedge Securities - Review & Rating
| Indira Securities | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Indira Securities Vs Definedge Securities - Request a call back from Broker
| Indira Securities | Definedge Securities | |
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Indira Securities Vs Definedge Securities - Investment Options
| Indira Securities | Definedge Securities | |
|---|---|---|
| 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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Indira Securities Vs Definedge Securities - Order Type
| Indira Securities | Definedge Securities | |
|---|---|---|
| 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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Indira Securities Vs Definedge Securities - Research & Report
| Indira Securities | Definedge Securities | |
|---|---|---|
| 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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Indira Securities Vs Definedge Securities - Daily Market Report
| Indira Securities | Definedge Securities | |
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| Daily Market Reports & News |
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Indira Securities Vs Definedge Securities - Suitable For Investor
| Indira Securities | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Indira Securities Vs Definedge Securities - Pros & Cons
| Indira Securities | Definedge Securities | |
|---|---|---|
| Pros | 1.Full-service broker offering discount brokerage plan. 2.Offers ODIN as trading platform. 3.No charges for Call & Trade and Auto Square-off. 4.Relationship manager even for online customers | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| Cons | 1.Doesn't offer NRI trading account. 2. It does not provide 3 in 1 account. 3.It does not offer monthly unlimited trading plans. | 1. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
Indira Securities Vs Definedge Securities - Background
| Indira Securities | Definedge Securities | |
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Indira Securities Vs Definedge Securities - Compare All Brokers
| Indira Securities | Definedge Securities | |
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Indira Securities Vs Definedge Securities - STT/CTT
| Indira Securities | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | 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) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on 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 |
Indira Securities Vs Definedge Securities - Demat transaction charges
| Indira Securities | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13 + GST per scrip only on sell | ₹0 (Free) |
Indira Securities Vs Definedge Securities - GST
| Indira Securities | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Indira Securities Vs Definedge Securities - SEBI Charges
| Indira Securities | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Indira Securities Vs Definedge Securities - Account Opening & AMC Charges
Indira Securities
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹450 (2nd year onwards)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Indira Securities Vs Definedge Securities
| Indira Securities | Definedge Securities | |
|---|---|---|
Indira Securities Review | Brokerage Charges, Account Opening‘Gateway to Prosperity’ is the tagline of the Indira Securities Private Limited which was incorporated on 1987 as a financial service provider. Indira Securities believes that investing is an art which requires a clear vision and balanced approach. The company’s principle is to provide hassle-free and transparent platform through which a .. + " Vs "+ Definedge Securities |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Indira Securities Vs Definedge Securities - Brokerage charges & Plans
| Indira Securities | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹20/ Order or 0.10% (whichever is lower) | ₹0 (Free) |
| Equity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹18 per executed order |
| Commodity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹18 per executed order |
| Equity Futures | ₹20/ Order or 0.01% (whichever is lower) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20/ Order or ₹25/ Lot (both side) | ₹18 per executed order |
| Fixed Charges | ₹20/ Order or 0.01% (whichever is lower) | ₹18 per executed order |
| Equity Intraday | ₹20/ Order or 0.01% (whichever is lower) | 0.03% or ₹ 18 per executed order whichever is lower |
Indira Securities Vs Definedge Securities - Margin (Exposure)
| Indira Securities | Definedge Securities | |
|---|---|---|
| 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 | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Indira Securities Vs Definedge Securities - Other Charges
| Indira Securities | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹36/- per order |
| Other Brokerage Charges | ₹20/ Order or 0.01% (whichever is lower) | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
Indira Securities Vs Definedge Securities - STT/CTT
| Indira Securities | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | 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) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on 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 |
Indira Securities Vs Definedge Securities - Demat transaction charges
| Indira Securities | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13 + GST per scrip only on sell | ₹0 (Free) |
Indira Securities Vs Definedge Securities - GST
| Indira Securities | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Indira Securities Vs Definedge Securities - SEBI Charges
| Indira Securities | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Indira Securities Vs Definedge Securities - Features
| Indira Securities | Definedge Securities | |
|---|---|---|
| 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 | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.Trade Insta - (Mobile App) 2. Indira Trade - (Web) 3. Indira Trader Terminal- (Desktop Software) 4.MF Planet( Mutual fund) | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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