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Comparision (DPTradeKing VS Definedge Securities)

 

DPTradeKing Vs Definedge Securities

DPTradeKing
DPTradeking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Zebu Trade also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Definedge Securities

DPTradeKing Vs Definedge Securities - Broker Details

DPTradeKing Definedge Securities
Single Margin Facility
Year of Incorporation 2016 2015
Exchanges BSE, NSE and MCX NSE, BSE, MCX and NCDEX.
Branches N/A 270
Brokerage 0.05% per order ₹18 per executed order
Broker Type Full Service Broker Discount Broker

DPTradeKing Vs Definedge Securities - Account Opening & AMC Charges

DPTradeKing Definedge Securities
Trading Account Opening Charge ₹0 (Free) ₹180
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹300
Trading Account AMC ₹0 (Free) ₹300 AMC

DPTradeKing Vs Definedge Securities - Brokerage charges & Plans

DPTradeKing Definedge Securities
Commodity Futures N/A 0.03% or ₹18 per executed order whichever is lower
Currency Futures 0.05% per order 0.03% or ₹18 per executed order whichever is lower
Equity Delivery 0.50% per order ₹0 (Free)
Equity Options ₹50 per lot ₹18 per executed order
Commodity Options N/A ₹18 per executed order
Equity Futures 0.05% per order 0.03% or ₹18 per executed order whichever is lower
Currency Options ₹50 per lot ₹18 per executed order
Fixed Charges 0.05% per order ₹18 per executed order
Equity Intraday 0.05% per order 0.03% or ₹ 18 per executed order whichever is lower

DPTradeKing Vs Definedge Securities - Other Charges

DPTradeKing Definedge Securities
RMS Square Off Charge ( ₹25 + GST) ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ( ₹25 + GST) ₹36/- per order
Other Brokerage Charges 0.05% per order ₹18 per executed order
Minimum Brokerage 0.05% per order ₹18 per executed order

DPTradeKing Vs Definedge Securities - Transaction Charges

DPTradeKing Definedge Securities
Currency Options 0.035% of Premium Value in case of Option Segment NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium)
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side
Equity Intraday 0.00345% Of Total Turnover value NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side)
Equity Options NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium)
Commodity N/A MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%)
Currency Futures 0.00090% of Total Future Turnover value NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%)
Equity Delivery NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side)

DPTradeKing Vs Definedge Securities - Margin (Exposure)

DPTradeKing Definedge Securities
Equity Options 1x (100% of Normal 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 Normal margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)
Commodity Options 1x (100% of Normal margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)
Commodity Futures 1x (100% of Normal 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 Normal margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)
Equity Futures 1x (100% of Normal margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)

DPTradeKing Vs Definedge Securities - Features

DPTradeKing 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software
SMS Alerts for Trades
Direct Mutual Fund

DPTradeKing Vs Definedge Securities - Review & Rating

DPTradeKing Definedge Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

DPTradeKing Vs Definedge Securities - Request a call back from Broker

DPTradeKing Definedge Securities

DPTradeKing Vs Definedge Securities - Investment Options

DPTradeKing Definedge Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

DPTradeKing Vs Definedge Securities - Order Type

DPTradeKing Definedge Securities
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

DPTradeKing Vs Definedge Securities - Research & Report

DPTradeKing Definedge Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

DPTradeKing Vs Definedge Securities - Daily Market Report

DPTradeKing Definedge Securities
Daily Market Reports & News

DPTradeKing Vs Definedge Securities - Suitable For Investor

DPTradeKing Definedge Securities
Casual Investor
Active Investor
Trader

DPTradeKing Vs Definedge Securities - Pros & Cons

DPTradeKing Definedge Securities
Pros 1.Benefits of using DP TradeKing 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4.Positive aspects of DP TradeKing 5. Availability of multiple indicators to monitor market. 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.Downsides of using DP TradeKing 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. 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.

DPTradeKing Vs Definedge Securities - Background

DPTradeKing Definedge Securities

DPTradeKing Vs Definedge Securities - Compare All Brokers

DPTradeKing Definedge Securities

DPTradeKing Vs Definedge Securities - STT/CTT

DPTradeKing Definedge Securities
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the sell Side
Equity Options 0.05% only on sell 0.05% on sell Side
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both buy and sell
Equity Futures 0.01% only on sell 0.01% on sell Side
Commodity Options 0.05% on sell trade 0.05% on sell side

DPTradeKing Vs Definedge Securities - Demat transaction charges

DPTradeKing Definedge Securities
Equity Demat Transaction Charges Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) ₹0 (Free)

DPTradeKing Vs Definedge Securities - GST

DPTradeKing Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% (on brokerage + transaction charges)

DPTradeKing Vs Definedge Securities - SEBI Charges

DPTradeKing Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/ Crore

DPTradeKing Vs Definedge Securities - Account Opening & AMC Charges

DPTradeKing
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
 

DPTradeKing Vs Definedge Securities

DPTradeKing Definedge Securities
 

DPTradeKing Account Opening Process and Charges Details 

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Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms

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Definedge Securities

DPTradeKing Vs Definedge Securities - Brokerage charges & Plans

DPTradeKing Definedge Securities
Commodity Futures N/A 0.03% or ₹18 per executed order whichever is lower
Currency Futures 0.05% per order 0.03% or ₹18 per executed order whichever is lower
Equity Delivery 0.50% per order ₹0 (Free)
Equity Options ₹50 per lot ₹18 per executed order
Commodity Options N/A ₹18 per executed order
Equity Futures 0.05% per order 0.03% or ₹18 per executed order whichever is lower
Currency Options ₹50 per lot ₹18 per executed order
Fixed Charges 0.05% per order ₹18 per executed order
Equity Intraday 0.05% per order 0.03% or ₹ 18 per executed order whichever is lower

DPTradeKing Vs Definedge Securities - Margin (Exposure)

DPTradeKing Definedge Securities
Equity Options 1x (100% of Normal 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 Normal margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)
Commodity Options 1x (100% of Normal margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)
Commodity Futures 1x (100% of Normal 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 Normal margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)
Equity Futures 1x (100% of Normal margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)

DPTradeKing Vs Definedge Securities - Other Charges

DPTradeKing Definedge Securities
RMS Square Off Charge ( ₹25 + GST) ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ( ₹25 + GST) ₹36/- per order
Other Brokerage Charges 0.05% per order ₹18 per executed order
Minimum Brokerage 0.05% per order ₹18 per executed order

DPTradeKing Vs Definedge Securities - STT/CTT

DPTradeKing Definedge Securities
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the sell Side
Equity Options 0.05% only on sell 0.05% on sell Side
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both buy and sell
Equity Futures 0.01% only on sell 0.01% on sell Side
Commodity Options 0.05% on sell trade 0.05% on sell side

DPTradeKing Vs Definedge Securities - Demat transaction charges

DPTradeKing Definedge Securities
Equity Demat Transaction Charges Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) ₹0 (Free)

DPTradeKing Vs Definedge Securities - GST

DPTradeKing Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% (on brokerage + transaction charges)

DPTradeKing Vs Definedge Securities - SEBI Charges

DPTradeKing Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/ Crore

DPTradeKing Vs Definedge Securities - Features

DPTradeKing 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software
SMS Alerts for Trades
Direct Mutual Fund

DPTradeKing

Definedge Securities