FundsIndia Vs Definedge Securities
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Definedge Securities
FundsIndia Vs Definedge Securities - Broker Details
| FundsIndia | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 2015 |
| Exchanges | Sebi | NSE, BSE, MCX and NCDEX. |
| Branches | Zero | 270 |
| Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹18 per executed order |
| Broker Type | Full Service Broker | Discount Broker |
FundsIndia Vs Definedge Securities - Account Opening & AMC Charges
| FundsIndia | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200 /-(Service Tax) 2nd Year onwards | ₹300 |
| Trading Account AMC | N/A | ₹300 AMC |
FundsIndia Vs Definedge Securities - Brokerage charges & Plans
| FundsIndia | Definedge Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | 0.01% | ₹0 (Free) |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹18 per executed order |
| Commodity Options | N/A | ₹18 per executed order |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | N/A | ₹18 per executed order |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹18 per executed order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.03% or ₹ 18 per executed order whichever is lower |
FundsIndia Vs Definedge Securities - Other Charges
| FundsIndia | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹36/- per order |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹18 per executed order |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹18 per executed order |
FundsIndia Vs Definedge Securities - Transaction Charges
| FundsIndia | Definedge Securities | |
|---|---|---|
| Currency Options | N/A | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | 0.0035% on turnover | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | 0.0035% on turnover | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | 0.0035% on turnover | 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 | N/A | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | 0.1% on the transaction amount | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
FundsIndia Vs Definedge Securities - Margin (Exposure)
| FundsIndia | 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 | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
FundsIndia Vs Definedge Securities - Features
| FundsIndia | 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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FundsIndia Vs Definedge Securities - Review & Rating
| FundsIndia | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
FundsIndia Vs Definedge Securities - Request a call back from Broker
| FundsIndia | Definedge Securities | |
|---|---|---|
FundsIndia Vs Definedge Securities - Investment Options
| FundsIndia | Definedge Securities | |
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| 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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FundsIndia Vs Definedge Securities - Order Type
| FundsIndia | 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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FundsIndia Vs Definedge Securities - Research & Report
| FundsIndia | Definedge Securities | |
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| 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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FundsIndia Vs Definedge Securities - Daily Market Report
| FundsIndia | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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FundsIndia Vs Definedge Securities - Suitable For Investor
| FundsIndia | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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FundsIndia Vs Definedge Securities - Pros & Cons
| FundsIndia | Definedge Securities | |
|---|---|---|
| Pros | 1.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. | 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.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. | 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. |
FundsIndia Vs Definedge Securities - Background
| FundsIndia | Definedge Securities | |
|---|---|---|
FundsIndia Vs Definedge Securities - Compare All Brokers
| FundsIndia | Definedge Securities | |
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FundsIndia Vs Definedge Securities - STT/CTT
| FundsIndia | Definedge Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | 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 | N/A | 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 | N/A | 0.05% on sell side |
FundsIndia Vs Definedge Securities - Demat transaction charges
| FundsIndia | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | ₹0 (Free) |
FundsIndia Vs Definedge Securities - GST
| FundsIndia | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
FundsIndia Vs Definedge Securities - SEBI Charges
| FundsIndia | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
FundsIndia Vs Definedge Securities - Account Opening & AMC Charges
FundsIndia
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200 /-(Service Tax) 2nd Year onwards
₹300
Trading Account AMC
N/A
₹300 AMC
FundsIndia Vs Definedge Securities
| FundsIndia | Definedge Securities | |
|---|---|---|
FundsIndia Review 2024FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm .. + " Vs "+ Definedge Securities |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
FundsIndia Vs Definedge Securities - Brokerage charges & Plans
| FundsIndia | Definedge Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | 0.01% | ₹0 (Free) |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹18 per executed order |
| Commodity Options | N/A | ₹18 per executed order |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | N/A | ₹18 per executed order |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹18 per executed order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
FundsIndia Vs Definedge Securities - Margin (Exposure)
| FundsIndia | 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 | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
FundsIndia Vs Definedge Securities - Other Charges
| FundsIndia | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹36/- per order |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹18 per executed order |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹18 per executed order |
FundsIndia Vs Definedge Securities - STT/CTT
| FundsIndia | Definedge Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | N/A | 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 | N/A | 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 | N/A | 0.05% on sell side |
FundsIndia Vs Definedge Securities - Demat transaction charges
| FundsIndia | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | ₹0 (Free) |
FundsIndia Vs Definedge Securities - GST
| FundsIndia | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
FundsIndia Vs Definedge Securities - SEBI Charges
| FundsIndia | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
FundsIndia Vs Definedge Securities - Features
| FundsIndia | 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
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| Call Back Open Account |