Finwave Vs Definedge Securities
Finwave
Finwave Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Definedge Securities
Finwave Vs Definedge Securities - Broker Details
| Finwave | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2014 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX. |
| Branches | 25 | 270 |
| Brokerage | ₹20 per order | ₹18 per executed order |
| Broker Type | Full Service Broker | Discount Broker |
Finwave Vs Definedge Securities - Account Opening & AMC Charges
| Finwave | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | 1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly | ₹300 |
| Trading Account AMC | 1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly | ₹300 AMC |
Finwave Vs Definedge Securities - Brokerage charges & Plans
| Finwave | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20 per order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20 per order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹20 per order | ₹0 (Free) |
| Equity Options | ₹20 per order | ₹18 per executed order |
| Commodity Options | ₹20 per order | ₹18 per executed order |
| Equity Futures | ₹20 per order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20 per order | ₹18 per executed order |
| Fixed Charges | ₹20 per order | ₹18 per executed order |
| Equity Intraday | ₹20 per order | 0.03% or ₹ 18 per executed order whichever is lower |
Finwave Vs Definedge Securities - Other Charges
| Finwave | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹36/- per order |
| Other Brokerage Charges | ₹20 per order | ₹18 per executed order |
| Minimum Brokerage | ₹20 per order | ₹18 per executed order |
Finwave Vs Definedge Securities - Transaction Charges
| Finwave | Definedge Securities | |
|---|---|---|
| Currency Options | BSE: 0.001% | NSE: 0.035% | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE: 0.002% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | BSE: 0.00345% | NSE: 0.00345% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE: 0.053% | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | 0.0026% | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE: 0.0009% | BSE: 0.00022% | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | BSE: 0.00345% | NSE: 0.00345% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Finwave Vs Definedge Securities - Margin (Exposure)
| Finwave | 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) |
Finwave Vs Definedge Securities - Features
| Finwave | 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. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Finwave Vs Definedge Securities - Review & Rating
| Finwave | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Finwave Vs Definedge Securities - Request a call back from Broker
| Finwave | Definedge Securities | |
|---|---|---|
Finwave Vs Definedge Securities - Investment Options
| Finwave | 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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Finwave Vs Definedge Securities - Order Type
| Finwave | 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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Finwave Vs Definedge Securities - Research & Report
| Finwave | 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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Finwave Vs Definedge Securities - Daily Market Report
| Finwave | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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Finwave Vs Definedge Securities - Suitable For Investor
| Finwave | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Finwave Vs Definedge Securities - Pros & Cons
| Finwave | Definedge Securities | |
|---|---|---|
| Pros | 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. | 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. 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. | 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. |
Finwave Vs Definedge Securities - Background
| Finwave | Definedge Securities | |
|---|---|---|
Finwave Vs Definedge Securities - Compare All Brokers
| Finwave | Definedge Securities | |
|---|---|---|
Finwave Vs Definedge Securities - STT/CTT
| Finwave | 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 |
Finwave Vs Definedge Securities - Demat transaction charges
| Finwave | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | ₹0 (Free) |
Finwave Vs Definedge Securities - GST
| Finwave | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Finwave Vs Definedge Securities - SEBI Charges
| Finwave | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Finwave Vs Definedge Securities - Account Opening & AMC Charges
Finwave
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
₹300
Trading Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly
₹300 AMC
Finwave Vs Definedge Securities
| Finwave | Definedge Securities | |
|---|---|---|
Finwave Account Opening Process and Charges Details |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Finwave Vs Definedge Securities - Brokerage charges & Plans
| Finwave | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20 per order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20 per order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹20 per order | ₹0 (Free) |
| Equity Options | ₹20 per order | ₹18 per executed order |
| Commodity Options | ₹20 per order | ₹18 per executed order |
| Equity Futures | ₹20 per order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20 per order | ₹18 per executed order |
| Fixed Charges | ₹20 per order | ₹18 per executed order |
| Equity Intraday | ₹20 per order | 0.03% or ₹ 18 per executed order whichever is lower |
Finwave Vs Definedge Securities - Margin (Exposure)
| Finwave | 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) |
Finwave Vs Definedge Securities - Other Charges
| Finwave | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹36/- per order |
| Other Brokerage Charges | ₹20 per order | ₹18 per executed order |
| Minimum Brokerage | ₹20 per order | ₹18 per executed order |
Finwave Vs Definedge Securities - STT/CTT
| Finwave | 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 |
Finwave Vs Definedge Securities - Demat transaction charges
| Finwave | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | ₹0 (Free) |
Finwave Vs Definedge Securities - GST
| Finwave | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Finwave Vs Definedge Securities - SEBI Charges
| Finwave | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Finwave Vs Definedge Securities - Features
| Finwave | 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. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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