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Comparision (FundsIndia VS Flattrade)

 

FundsIndia Vs Flattrade

FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more

Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

FundsIndia Vs Flattrade - Broker Details

FundsIndia Flattrade
Single Margin Facility
Year of Incorporation 2009 2004
Exchanges Sebi BSE, NSE and MCX
Branches Zero 6
Brokerage 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹0 (Free)
Broker Type Full Service Broker Discount Broker

FundsIndia Vs Flattrade - Account Opening & AMC Charges

FundsIndia Flattrade
Trading Account Opening Charge ₹0 (Free) ₹200 + GST
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹200 /-(Service Tax) 2nd Year onwards ₹0 (Free)
Trading Account AMC N/A ₹0 (Free)

FundsIndia Vs Flattrade - Brokerage charges & Plans

FundsIndia Flattrade
Commodity Futures N/A ₹0 (Free)
Currency Futures N/A ₹0 (Free)
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 ₹0 (Free)
Commodity Options N/A ₹0 (Free)
Equity Futures 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹0 (Free)
Currency Options N/A ₹0 (Free)
Fixed Charges 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹0 (Free)
Equity Intraday 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹0 (Free)

FundsIndia Vs Flattrade - Other Charges

FundsIndia Flattrade
RMS Square Off Charge N/A ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST
API Charges N/A ₹0 (Free)
Call & Trade Charges N/A ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST
Other Brokerage Charges 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹0 (Free)
Minimum Brokerage 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹0 (Free)

FundsIndia Vs Flattrade - Transaction Charges

FundsIndia Flattrade
Currency Options N/A NSE : 0.035% | BSE : 0.001%
Equity Futures 0.0035% on turnover 0.0020%
Equity Intraday 0.0035% on turnover NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50)
Equity Options 0.0035% on turnover 0.053% (on premium)
Commodity N/A 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05%
Currency Futures N/A NSE : 0.0009% | BSE : 0.00022%
Equity Delivery 0.1% on the transaction amount NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50)

FundsIndia Vs Flattrade - Margin (Exposure)

FundsIndia Flattrade
Equity Options 1x (100% of NRML 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 N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (100% of trade value)
Currency Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

FundsIndia Vs Flattrade - Features

FundsIndia Flattrade
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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM
Trading Platform 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App Flattrade - (Share Trading App), Web Trading
SMS Alerts for Trades
Direct Mutual Fund

FundsIndia Vs Flattrade - Review & Rating

FundsIndia Flattrade
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account Call Back Open Account

FundsIndia Vs Flattrade - Request a call back from Broker

FundsIndia Flattrade

FundsIndia Vs Flattrade - Investment Options

FundsIndia Flattrade
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

FundsIndia Vs Flattrade - Order Type

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

FundsIndia Vs Flattrade - Research & Report

FundsIndia Flattrade
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

FundsIndia Vs Flattrade - Daily Market Report

FundsIndia Flattrade
Daily Market Reports & News

FundsIndia Vs Flattrade - Suitable For Investor

FundsIndia Flattrade
Casual Investor
Active Investor
Trader

FundsIndia Vs Flattrade - Pros & Cons

FundsIndia Flattrade
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. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments
Cons 1.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers.

FundsIndia Vs Flattrade - Background

FundsIndia Flattrade

FundsIndia Vs Flattrade - Compare All Brokers

FundsIndia Flattrade

FundsIndia Vs Flattrade - STT/CTT

FundsIndia Flattrade
Commodity Futures N/A 0.01% on sell side
Currency Futures N/A No STT
Equity Intraday 0.025% on the Sell Side 0.025% on Sale side
Equity Options 0.05% on Sell Side(on Premium) 0.05% on sell side (on premium) | Option Excised 0.125%
Currency Options N/A No STT
Equity Delivery 0.1% on buy & sell 0.1% Buy & Sell
Equity Futures 0.01% on Sell Side 0.01% on sell side
Commodity Options N/A 0.05% on sell side

FundsIndia Vs Flattrade - Demat transaction charges

FundsIndia Flattrade
Equity Demat Transaction Charges ₹15 + Gst per scrip only on sell ₹20 + GST per scrip only on sell

FundsIndia Vs Flattrade - GST

FundsIndia Flattrade
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (brokerage + transaction charges + SEBI charges)

FundsIndia Vs Flattrade - SEBI Charges

FundsIndia Flattrade
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

FundsIndia Vs Flattrade - Account Opening & AMC Charges

FundsIndia
Flattrade
Trading Account Opening Charge
₹0 (Free)
₹200 + GST
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200 /-(Service Tax) 2nd Year onwards
₹0 (Free)
Trading Account AMC
N/A
₹0 (Free)
 
Call Back Open Account
Call Back Open Account

FundsIndia Vs Flattrade

FundsIndia Flattrade
 

FundsIndia Review 2024

FundsIndia 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 "+ Flattrade
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Flattrade Review

Flattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs ..
Read more..
 
 

Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

FundsIndia Vs Flattrade - Brokerage charges & Plans

FundsIndia Flattrade
Commodity Futures N/A ₹0 (Free)
Currency Futures N/A ₹0 (Free)
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 ₹0 (Free)
Commodity Options N/A ₹0 (Free)
Equity Futures 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹0 (Free)
Currency Options N/A ₹0 (Free)
Fixed Charges 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹0 (Free)
Equity Intraday 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹0 (Free)
Call Back Open Account Call Back Open Account

FundsIndia Vs Flattrade - Margin (Exposure)

FundsIndia Flattrade
Equity Options 1x (100% of NRML 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 N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (100% of trade value)
Currency Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

FundsIndia Vs Flattrade - Other Charges

FundsIndia Flattrade
RMS Square Off Charge N/A ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST
API Charges N/A ₹0 (Free)
Call & Trade Charges N/A ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST
Other Brokerage Charges 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹0 (Free)
Minimum Brokerage 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 ₹0 (Free)

FundsIndia Vs Flattrade - STT/CTT

FundsIndia Flattrade
Commodity Futures N/A 0.01% on sell side
Currency Futures N/A No STT
Equity Intraday 0.025% on the Sell Side 0.025% on Sale side
Equity Options 0.05% on Sell Side(on Premium) 0.05% on sell side (on premium) | Option Excised 0.125%
Currency Options N/A No STT
Equity Delivery 0.1% on buy & sell 0.1% Buy & Sell
Equity Futures 0.01% on Sell Side 0.01% on sell side
Commodity Options N/A 0.05% on sell side

FundsIndia Vs Flattrade - Demat transaction charges

FundsIndia Flattrade
Equity Demat Transaction Charges ₹15 + Gst per scrip only on sell ₹20 + GST per scrip only on sell

FundsIndia Vs Flattrade - GST

FundsIndia Flattrade
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (brokerage + transaction charges + SEBI charges)

FundsIndia Vs Flattrade - SEBI Charges

FundsIndia Flattrade
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

FundsIndia Vs Flattrade - Features

FundsIndia Flattrade
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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM
Trading Platform 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App Flattrade - (Share Trading App), Web Trading
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

FundsIndia

Flattrade