Tradingo Vs INDmoney
Tradingo
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Tradingo Vs INDmoney - Broker Details
| Tradingo | INDmoney | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2016 | 2019 |
| Exchanges | BSE, NSE and MCX | NSE, BSE and MCX |
| Branches | 102 | 966 |
| Brokerage | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Broker Type | Discount Broker | Discount Broker |
Tradingo Vs INDmoney - Account Opening & AMC Charges
| Tradingo | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250-per annum | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Tradingo Vs INDmoney - Brokerage charges & Plans
| Tradingo | INDmoney | |
|---|---|---|
| Commodity Futures | Discount Broking-₹20/Order or 0.01% (whichever is lower) | Premium Broking- ₹100/Order | N/A |
| Currency Futures | Discount Broking- ₹20/Order or 0.01% (whichever is lower) | Premium Broking-₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Delivery | Discount Broking- ₹0(Free) | Premium Broking-0.3% | 0.05% or up to ₹20/Per Order |
| Equity Options | Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | Discount Broking-₹20/Order or 0.01% whichever is lower | N/A |
| Equity Futures | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking-0.03% | 0.05% or up to ₹20/Per Order |
| Currency Options | Discount Broking- ₹20/order | Premium Broking- ₹50/Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover | 0.05% or up to ₹20/Per Order |
| Equity Intraday | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover | 0.05% or up to ₹20/Per Order |
Tradingo Vs INDmoney - Other Charges
| Tradingo | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20/Order | ₹50 per position |
| Other Brokerage Charges | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Tradingo Vs INDmoney - Transaction Charges
| Tradingo | INDmoney | |
|---|---|---|
| Currency Options | Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE: 0.00325% of turnover | BSE: 0.0005% of turnover | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE: 0.00325% of turnover | BSE: ₹1.5/Trade on A & B group scrips. | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE: 0.075% of turnover | BSE: 0.0005% of turnover | NSE: 0.053% on premium value |
| Commodity | Discount Broking- ₹100/Order or 0.01% whichever is lower |Premium Broking-₹50/Lot | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | Discount Broking-₹20/Order or 0.01% whichever is lower|Premium Broking-0.3% of the turnover | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE: 0.00325% of turnover | BSE: ₹1.5/Trade on A & B group scrips | NSE - 0.00325% | BSE- 0.00375% |
Tradingo Vs INDmoney - Margin (Exposure)
| Tradingo | INDmoney | |
|---|---|---|
| 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) |
Tradingo Vs INDmoney - Features
| Tradingo | INDmoney | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.Tradingo -mobile app 2. Justrade 2.0 Stocks | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Tradingo Vs INDmoney - Review & Rating
| Tradingo | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Tradingo Vs INDmoney - Request a call back from Broker
| Tradingo | INDmoney | |
|---|---|---|
Tradingo Vs INDmoney - Investment Options
| Tradingo | INDmoney | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Tradingo Vs INDmoney - Order Type
| Tradingo | INDmoney | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Tradingo Vs INDmoney - Research & Report
| Tradingo | INDmoney | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Tradingo Vs INDmoney - Daily Market Report
| Tradingo | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
|
|
Tradingo Vs INDmoney - Suitable For Investor
| Tradingo | INDmoney | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Tradingo Vs INDmoney - Pros & Cons
| Tradingo | INDmoney | |
|---|---|---|
| Pros | 1.Discount stock broker 2.Online IPO and Mutual Funds available 3.Free trading software. 4 Offer margin funding and higher exposure. | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney 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.Doesn't offer 3-in-1 account 2.Charge annual maintenance change on demat account. 3.Call & trade is changed ₹20 extra. | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Tradingo Vs INDmoney - Background
| Tradingo | INDmoney | |
|---|---|---|
Tradingo Vs INDmoney - Compare All Brokers
| Tradingo | INDmoney | |
|---|---|---|
Tradingo Vs INDmoney - STT/CTT
| Tradingo | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | 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 | No STT | 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 | 0.05% on sell side | 0.05% only on sell side |
Tradingo Vs INDmoney - Demat transaction charges
| Tradingo | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹250/ per certificate |
Tradingo Vs INDmoney - GST
| Tradingo | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Tradingo Vs INDmoney - SEBI Charges
| Tradingo | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Tradingo Vs INDmoney - Account Opening & AMC Charges
Tradingo
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250-per annum
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Tradingo Vs INDmoney
| Tradingo | INDmoney | |
|---|---|---|
Tradingo ReviewIncorporated on 2016 in Indore (Madhya Pradesh) by IIT Delhi alumni Mr. Parth Nyati having a decade of experience in the brokerage industry. Today, he is one of the best techies in the financial industry and also holds a position of board member of BSE Brokers Forum. Tradingo is a modern stock trading platform offers 2 types of
Read more..
|
INDmoney Account Opening Process, Charges, and Documentation Details |
|
|
|
|
|
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Tradingo Vs INDmoney - Brokerage charges & Plans
| Tradingo | INDmoney | |
|---|---|---|
| Commodity Futures | Discount Broking-₹20/Order or 0.01% (whichever is lower) | Premium Broking- ₹100/Order | N/A |
| Currency Futures | Discount Broking- ₹20/Order or 0.01% (whichever is lower) | Premium Broking-₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Delivery | Discount Broking- ₹0(Free) | Premium Broking-0.3% | 0.05% or up to ₹20/Per Order |
| Equity Options | Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | Discount Broking-₹20/Order or 0.01% whichever is lower | N/A |
| Equity Futures | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking-0.03% | 0.05% or up to ₹20/Per Order |
| Currency Options | Discount Broking- ₹20/order | Premium Broking- ₹50/Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover | 0.05% or up to ₹20/Per Order |
| Equity Intraday | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover | 0.05% or up to ₹20/Per Order |
Tradingo Vs INDmoney - Margin (Exposure)
| Tradingo | INDmoney | |
|---|---|---|
| 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) |
Tradingo Vs INDmoney - Other Charges
| Tradingo | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20/Order | ₹50 per position |
| Other Brokerage Charges | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Tradingo Vs INDmoney - STT/CTT
| Tradingo | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | 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 | No STT | 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 | 0.05% on sell side | 0.05% only on sell side |
Tradingo Vs INDmoney - Demat transaction charges
| Tradingo | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹250/ per certificate |
Tradingo Vs INDmoney - GST
| Tradingo | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Tradingo Vs INDmoney - SEBI Charges
| Tradingo | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Tradingo Vs INDmoney - Features
| Tradingo | INDmoney | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.Tradingo -mobile app 2. Justrade 2.0 Stocks | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|