Fisdom Vs Definedge Securities
Fisdom
Fisdom Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Definedge Securities
Fisdom Vs Definedge Securities - Broker Details
| Fisdom | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 2015 |
| Exchanges | NSE, BSE, and NCDEX | NSE, BSE, MCX and NCDEX. |
| Branches | 15+ | 270 |
| Brokerage | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹18 per executed order |
| Broker Type | Discount Broker | Discount Broker |
Fisdom Vs Definedge Securities - Account Opening & AMC Charges
| Fisdom | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free) | ₹180 |
| Demat Account Opening Charge | Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | ₹300 |
| Trading Account AMC | NA | ₹300 AMC |
Fisdom Vs Definedge Securities - Brokerage charges & Plans
| Fisdom | Definedge Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% | ₹0 (Free) |
| Equity Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹18 per executed order |
| Commodity Options | N/A | ₹18 per executed order |
| Equity Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹18 per executed order |
| Fixed Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹18 per executed order |
| Equity Intraday | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% or ₹ 18 per executed order whichever is lower |
Fisdom Vs Definedge Securities - Other Charges
| Fisdom | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹36/- per order |
| Other Brokerage Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹18 per executed order |
| Minimum Brokerage | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹18 per executed order |
Fisdom Vs Definedge Securities - Transaction Charges
| Fisdom | Definedge Securities | |
|---|---|---|
| Currency Options | NSE: 0.053% (on premium) | 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 | NSE: 0.00345% | BSE: 0.00345% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE: 0.053% (on premium) | 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 | NSE: 0.002% | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Fisdom Vs Definedge Securities - Margin (Exposure)
| Fisdom | 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 (no margin) | 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) |
Fisdom Vs Definedge Securities - Features
| Fisdom | 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:- 3:15 PM | Currency: 4:20 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Fisdom Mobile App, 2. Fisdom Web Portal | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Fisdom Vs Definedge Securities - Review & Rating
| Fisdom | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Fisdom Vs Definedge Securities - Request a call back from Broker
| Fisdom | Definedge Securities | |
|---|---|---|
Fisdom Vs Definedge Securities - Investment Options
| Fisdom | 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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Fisdom Vs Definedge Securities - Order Type
| Fisdom | 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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Fisdom Vs Definedge Securities - Research & Report
| Fisdom | 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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Fisdom Vs Definedge Securities - Daily Market Report
| Fisdom | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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Fisdom Vs Definedge Securities - Suitable For Investor
| Fisdom | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Fisdom Vs Definedge Securities - Pros & Cons
| Fisdom | Definedge Securities | |
|---|---|---|
| Pros | 1. user-friendly trading platform 2.It provides the most advanced trading platforms. 3. Wide Range of Financial Products. 4.Competitive Pricing 5. It has the best team for research analysts that provides various research reports and tips. | 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. It does not facilitate its customers with the 3-in-1 demat account. 2.The charges for call and trade is ₹20. 3. Fisdom charges high fees or has hidden costs. | 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. |
Fisdom Vs Definedge Securities - Background
| Fisdom | Definedge Securities | |
|---|---|---|
Fisdom Vs Definedge Securities - Compare All Brokers
| Fisdom | Definedge Securities | |
|---|---|---|
Fisdom Vs Definedge Securities - STT/CTT
| Fisdom | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side 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 (On Premium) | 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% only on sell side | 0.05% on sell side |
Fisdom Vs Definedge Securities - Demat transaction charges
| Fisdom | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 per scrip per day | ₹0 (Free) |
Fisdom Vs Definedge Securities - GST
| Fisdom | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) |
Fisdom Vs Definedge Securities - SEBI Charges
| Fisdom | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Fisdom Vs Definedge Securities - Account Opening & AMC Charges
Fisdom
Definedge Securities
Trading Account Opening Charge
Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free)
₹180
Demat Account Opening Charge
Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free)
₹0 (Free)
Demat Account AMC
Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime
₹300
Trading Account AMC
NA
₹300 AMC
Fisdom Vs Definedge Securities
| Fisdom | Definedge Securities | |
|---|---|---|
Fisdom Account Opening Process and Charge Details |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Fisdom Vs Definedge Securities - Brokerage charges & Plans
| Fisdom | Definedge Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% | ₹0 (Free) |
| Equity Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹18 per executed order |
| Commodity Options | N/A | ₹18 per executed order |
| Equity Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹18 per executed order |
| Fixed Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹18 per executed order |
| Equity Intraday | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | 0.03% or ₹ 18 per executed order whichever is lower |
Fisdom Vs Definedge Securities - Margin (Exposure)
| Fisdom | 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 (no margin) | 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) |
Fisdom Vs Definedge Securities - Other Charges
| Fisdom | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹36/- per order |
| Other Brokerage Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹18 per executed order |
| Minimum Brokerage | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹18 per executed order |
Fisdom Vs Definedge Securities - STT/CTT
| Fisdom | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side 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 (On Premium) | 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% only on sell side | 0.05% on sell side |
Fisdom Vs Definedge Securities - Demat transaction charges
| Fisdom | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 per scrip per day | ₹0 (Free) |
Fisdom Vs Definedge Securities - GST
| Fisdom | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) |
Fisdom Vs Definedge Securities - SEBI Charges
| Fisdom | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Fisdom Vs Definedge Securities - Features
| Fisdom | 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:- 3:15 PM | Currency: 4:20 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Fisdom Mobile App, 2. Fisdom Web Portal | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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