INDmoney Vs Eureka
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Eureka
Eureka Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs Eureka - Broker Details
| INDmoney | Eureka | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 1992 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 966 | 270 |
| Brokerage | 0.05% or up to ₹20/Per Order | 0.03% |
| Broker Type | Discount Broker | Full Service broker |
INDmoney Vs Eureka - Account Opening & AMC Charges
| INDmoney | Eureka | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year |
| Trading Account AMC | ₹0 (Free) | N/A |
INDmoney Vs Eureka - Brokerage charges & Plans
| INDmoney | Eureka | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | 0.05% or up to ₹20/Per Order | 0.03% |
| Equity Delivery | 0.05% or up to ₹20/Per Order | 0.30% |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20 per lot |
| Commodity Options | N/A | 0.03% |
| Equity Futures | 0.05% or up to ₹20/Per Order | 0.03% |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20 per lot |
| Fixed Charges | 0.05% or up to ₹20/Per Order | 0.03% |
| Equity Intraday | 0.05% or up to ₹20/Per Order | 0.03% |
INDmoney Vs Eureka - Other Charges
| INDmoney | Eureka | |
|---|---|---|
| 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 | 0.03% |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | 0.03% |
INDmoney Vs Eureka - Transaction Charges
| INDmoney | Eureka | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | Exchange txn charge: 0.035% |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE: 0.0019% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE: 0.053% on premium value | NSE: 0.05% (on premium) |
| 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 | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
INDmoney Vs Eureka - Margin (Exposure)
| INDmoney | Eureka | |
|---|---|---|
| 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 Eureka - Features
| INDmoney | Eureka | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs Eureka - Review & Rating
| INDmoney | Eureka | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs Eureka - Request a call back from Broker
| INDmoney | Eureka | |
|---|---|---|
INDmoney Vs Eureka - Investment Options
| INDmoney | Eureka | |
|---|---|---|
| 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 Eureka - Order Type
| INDmoney | Eureka | |
|---|---|---|
| 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 Eureka - Research & Report
| INDmoney | Eureka | |
|---|---|---|
| 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 Eureka - Daily Market Report
| INDmoney | Eureka | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs Eureka - Suitable For Investor
| INDmoney | Eureka | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Eureka - Pros & Cons
| INDmoney | Eureka | |
|---|---|---|
| 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. 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. |
| 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. 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. |
INDmoney Vs Eureka - Background
| INDmoney | Eureka | |
|---|---|---|
INDmoney Vs Eureka - Compare All Brokers
| INDmoney | Eureka | |
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INDmoney Vs Eureka - STT/CTT
| INDmoney | Eureka | |
|---|---|---|
| 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) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.0125% on sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Eureka - Demat transaction charges
| INDmoney | Eureka | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹5 per certificate. Min ₹75 per request |
INDmoney Vs Eureka - GST
| INDmoney | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Eureka - SEBI Charges
| INDmoney | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Eureka - Account Opening & AMC Charges
INDmoney
Eureka
Trading Account Opening Charge
₹0 (Free)
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account AMC
₹0 (Free)
Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year
Trading Account AMC
₹0 (Free)
N/A
INDmoney Vs Eureka
| INDmoney | Eureka | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
Eureka Account Opening Charges, Process, and Required Documents Details |
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Eureka
Eureka Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs Eureka - Brokerage charges & Plans
| INDmoney | Eureka | |
|---|---|---|
| Commodity Futures | N/A | 0.03% |
| Currency Futures | 0.05% or up to ₹20/Per Order | 0.03% |
| Equity Delivery | 0.05% or up to ₹20/Per Order | 0.30% |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20 per lot |
| Commodity Options | N/A | 0.03% |
| Equity Futures | 0.05% or up to ₹20/Per Order | 0.03% |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20 per lot |
| Fixed Charges | 0.05% or up to ₹20/Per Order | 0.03% |
| Equity Intraday | 0.05% or up to ₹20/Per Order | 0.03% |
INDmoney Vs Eureka - Margin (Exposure)
| INDmoney | Eureka | |
|---|---|---|
| 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 Eureka - Other Charges
| INDmoney | Eureka | |
|---|---|---|
| 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 | 0.03% |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | 0.03% |
INDmoney Vs Eureka - STT/CTT
| INDmoney | Eureka | |
|---|---|---|
| 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) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.0125% on sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Eureka - Demat transaction charges
| INDmoney | Eureka | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹5 per certificate. Min ₹75 per request |
INDmoney Vs Eureka - GST
| INDmoney | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Eureka - SEBI Charges
| INDmoney | Eureka | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Eureka - Features
| INDmoney | Eureka | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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