INDmoney Vs Adroit Financial
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Adroit Financial
Adroit Financial Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs Adroit Financial - Broker Details
| INDmoney | Adroit Financial | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 1994 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 966 | 4 |
| Brokerage | 0.05% or up to ₹20/Per Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Broker Type | Discount Broker | Full Service Broker |
INDmoney Vs Adroit Financial - Account Opening & AMC Charges
| INDmoney | Adroit Financial | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹300 per Year | ₹1000 for Lifetime |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
INDmoney Vs Adroit Financial - Brokerage charges & Plans
| INDmoney | Adroit Financial | |
|---|---|---|
| Commodity Futures | N/A | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Futures | 0.05% or up to ₹20/Per Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | Online Account - 0.30% per order | Offline Account - 0.40% per order |
| Equity Options | 0.05% or up to ₹20/Per Order | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Commodity Options | N/A | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Equity Futures | 0.05% or up to ₹20/Per Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Options | 0.05% or up to ₹20/Per Order | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Fixed Charges | 0.05% or up to ₹20/Per Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
INDmoney Vs Adroit Financial - Other Charges
| INDmoney | Adroit Financial | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹20/Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
INDmoney Vs Adroit Financial - Transaction Charges
| INDmoney | Adroit Financial | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE ₹4400/Cr (0.044%) (on premium) |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE ₹210/Cr (0.0021%) | BSE ₹1/ trade (each side) |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) |
| Equity Options | NSE: 0.053% on premium value | NSE ₹5300/Cr (0.053%) | BSE ₹1/trade (each side) |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | NSE ₹135/Cr (0.00135%) |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) |
INDmoney Vs Adroit Financial - Margin (Exposure)
| INDmoney | Adroit Financial | |
|---|---|---|
| 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)) |
INDmoney Vs Adroit Financial - Features
| INDmoney | Adroit Financial | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs Adroit Financial - Review & Rating
| INDmoney | Adroit Financial | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs Adroit Financial - Request a call back from Broker
| INDmoney | Adroit Financial | |
|---|---|---|
INDmoney Vs Adroit Financial - Investment Options
| INDmoney | Adroit Financial | |
|---|---|---|
| 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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INDmoney Vs Adroit Financial - Order Type
| INDmoney | Adroit Financial | |
|---|---|---|
| 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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INDmoney Vs Adroit Financial - Research & Report
| INDmoney | Adroit Financial | |
|---|---|---|
| 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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INDmoney Vs Adroit Financial - Daily Market Report
| INDmoney | Adroit Financial | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs Adroit Financial - Suitable For Investor
| INDmoney | Adroit Financial | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Adroit Financial - Pros & Cons
| INDmoney | Adroit Financial | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 1. Reliable and experienced brokerage firm. 2. Analyzes user data for better financial decision-making. 3.Excellent customer service and support,3. Investment opportunities in group of stocks through Thematic Investing. 4. Wide range of investment options 5. It provides free access of regular markets to its customers. |
| Cons | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 1. Market volatility and potential investment risks, 2. Different fintech platforms may not seamlessly work together, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Different fintech platforms may not seamlessly work together., 6. Potential for high trading fees and expenses. |
INDmoney Vs Adroit Financial - Background
| INDmoney | Adroit Financial | |
|---|---|---|
INDmoney Vs Adroit Financial - Compare All Brokers
| INDmoney | Adroit Financial | |
|---|---|---|
INDmoney Vs Adroit Financial - STT/CTT
| INDmoney | Adroit Financial | |
|---|---|---|
| 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(on Premium) |
| 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 |
INDmoney Vs Adroit Financial - Demat transaction charges
| INDmoney | Adroit Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹20 + Gst per scrip only on sell |
INDmoney Vs Adroit Financial - GST
| INDmoney | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Adroit Financial - SEBI Charges
| INDmoney | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Adroit Financial - Account Opening & AMC Charges
INDmoney
Adroit Financial
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300 per Year | ₹1000 for Lifetime
Trading Account AMC
₹0 (Free)
₹0 (Free)
INDmoney Vs Adroit Financial
| INDmoney | Adroit Financial | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
Adroit Financial Account Opening Process and Charges |
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Adroit Financial
Adroit Financial Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs Adroit Financial - Brokerage charges & Plans
| INDmoney | Adroit Financial | |
|---|---|---|
| Commodity Futures | N/A | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Futures | 0.05% or up to ₹20/Per Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | Online Account - 0.30% per order | Offline Account - 0.40% per order |
| Equity Options | 0.05% or up to ₹20/Per Order | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Commodity Options | N/A | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Equity Futures | 0.05% or up to ₹20/Per Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Currency Options | 0.05% or up to ₹20/Per Order | Online Account - ₹50 per lot | Offline Account - ₹50 per lot |
| Fixed Charges | 0.05% or up to ₹20/Per Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
INDmoney Vs Adroit Financial - Margin (Exposure)
| INDmoney | Adroit Financial | |
|---|---|---|
| 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)) |
INDmoney Vs Adroit Financial - Other Charges
| INDmoney | Adroit Financial | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹20/Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | Online Account - 0.03% per order | Offline Account - 0.04% per order |
INDmoney Vs Adroit Financial - STT/CTT
| INDmoney | Adroit Financial | |
|---|---|---|
| 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(on Premium) |
| 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 |
INDmoney Vs Adroit Financial - Demat transaction charges
| INDmoney | Adroit Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹20 + Gst per scrip only on sell |
INDmoney Vs Adroit Financial - GST
| INDmoney | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Adroit Financial - SEBI Charges
| INDmoney | Adroit Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Adroit Financial - Features
| INDmoney | Adroit Financial | |
|---|---|---|
| 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN Software |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
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