Definedge Securities Vs INDmoney
Definedge Securities
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Definedge Securities Vs INDmoney - Broker Details
| Definedge Securities | INDmoney | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2015 | 2019 |
| Exchanges | NSE, BSE, MCX and NCDEX. | NSE, BSE and MCX |
| Branches | 270 | 966 |
| Brokerage | ₹18 per executed order | 0.05% or up to ₹20/Per Order |
| Broker Type | Discount Broker | Discount Broker |
Definedge Securities Vs INDmoney - Account Opening & AMC Charges
| Definedge Securities | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹180 | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹0 (Free) |
| Trading Account AMC | ₹300 AMC | ₹0 (Free) |
Definedge Securities Vs INDmoney - Brokerage charges & Plans
| Definedge Securities | INDmoney | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | N/A |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹0 (Free) | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹18 per executed order | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹18 per executed order | N/A |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹18 per executed order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹18 per executed order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | 0.05% or up to ₹20/Per Order |
Definedge Securities Vs INDmoney - Other Charges
| Definedge Securities | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹36/- per order | ₹50 per position |
| Other Brokerage Charges | ₹18 per executed order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹18 per executed order | 0.05% or up to ₹20/Per Order |
Definedge Securities Vs INDmoney - Transaction Charges
| Definedge Securities | INDmoney | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | NSE: 0.053% on premium value |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | 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 | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | NSE - 0.00325% | BSE- 0.00375% |
Definedge Securities Vs INDmoney - Margin (Exposure)
| Definedge Securities | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Definedge Securities Vs INDmoney - Features
| Definedge Securities | 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Definedge Securities Vs INDmoney - Review & Rating
| Definedge Securities | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Definedge Securities Vs INDmoney - Request a call back from Broker
| Definedge Securities | INDmoney | |
|---|---|---|
Definedge Securities Vs INDmoney - Investment Options
| Definedge Securities | INDmoney | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Definedge Securities Vs INDmoney - Order Type
| Definedge Securities | INDmoney | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Definedge Securities Vs INDmoney - Research & Report
| Definedge Securities | INDmoney | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Definedge Securities Vs INDmoney - Daily Market Report
| Definedge Securities | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
|
|
Definedge Securities Vs INDmoney - Suitable For Investor
| Definedge Securities | INDmoney | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Definedge Securities Vs INDmoney - Pros & Cons
| Definedge Securities | INDmoney | |
|---|---|---|
| Pros | 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. | 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. 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. | 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. |
Definedge Securities Vs INDmoney - Background
| Definedge Securities | INDmoney | |
|---|---|---|
Definedge Securities Vs INDmoney - Compare All Brokers
| Definedge Securities | INDmoney | |
|---|---|---|
Definedge Securities Vs INDmoney - STT/CTT
| Definedge Securities | 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 | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy and 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 |
Definedge Securities Vs INDmoney - Demat transaction charges
| Definedge Securities | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹250/ per certificate |
Definedge Securities Vs INDmoney - GST
| Definedge Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Definedge Securities Vs INDmoney - SEBI Charges
| Definedge Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Definedge Securities Vs INDmoney - Account Opening & AMC Charges
Definedge Securities
INDmoney
Trading Account Opening Charge
₹180
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300
₹0 (Free)
Trading Account AMC
₹300 AMC
₹0 (Free)
Definedge Securities Vs INDmoney
| Definedge Securities | INDmoney | |
|---|---|---|
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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
Definedge Securities Vs INDmoney - Brokerage charges & Plans
| Definedge Securities | INDmoney | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | N/A |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹0 (Free) | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹18 per executed order | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹18 per executed order | N/A |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹18 per executed order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹18 per executed order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | 0.05% or up to ₹20/Per Order |
Definedge Securities Vs INDmoney - Margin (Exposure)
| Definedge Securities | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Definedge Securities Vs INDmoney - Other Charges
| Definedge Securities | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹36/- per order | ₹50 per position |
| Other Brokerage Charges | ₹18 per executed order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹18 per executed order | 0.05% or up to ₹20/Per Order |
Definedge Securities Vs INDmoney - STT/CTT
| Definedge Securities | 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 | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy and 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 |
Definedge Securities Vs INDmoney - Demat transaction charges
| Definedge Securities | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | ₹250/ per certificate |
Definedge Securities Vs INDmoney - GST
| Definedge Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Definedge Securities Vs INDmoney - SEBI Charges
| Definedge Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Definedge Securities Vs INDmoney - Features
| Definedge Securities | 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|