INDmoney Vs Hensex Securities
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Hensex Securities
Hensex Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs Hensex Securities - Broker Details
| INDmoney | Hensex Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 2000-2001 |
| Exchanges | NSE, BSE and MCX | NSE, BSE and MCX |
| Branches | 966 | 10+ |
| Brokerage | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Broker Type | Discount Broker | Discount Broker |
INDmoney Vs Hensex Securities - Account Opening & AMC Charges
| INDmoney | Hensex Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | First Year Free (After ₹250 -/- per year for indivusual) | First Year Free (After ₹2000 -/- per year for Corporate) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
INDmoney Vs Hensex Securities - Brokerage charges & Plans
| INDmoney | Hensex Securities | |
|---|---|---|
| Commodity Futures | N/A | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹40 or 0.10 per order |
| Currency Futures | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.50% per order |
| Equity Options | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Commodity Options | N/A | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Equity Futures | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Currency Options | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Fixed Charges | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
INDmoney Vs Hensex Securities - Other Charges
| INDmoney | Hensex Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | N/A |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹50 per position | ₹20 per executed order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
INDmoney Vs Hensex Securities - Transaction Charges
| INDmoney | Hensex Securities | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | BSE: 0.001% | NSE: 0.035% |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE: 0.002% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | BSE: 0.00345% | NSE: 0.00345% |
| Equity Options | NSE: 0.053% on premium value | NSE: 0.053% |
| 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 | Commodity Futures- 0.0026% | Commodity option- 0.05% |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | NSE: 0.0009% | BSE: 0.00022% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | BSE: 0.00345% | NSE: 0.00345% |
INDmoney Vs Hensex Securities - Margin (Exposure)
| INDmoney | Hensex 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) |
INDmoney Vs Hensex Securities - Features
| INDmoney | Hensex 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. Hensex Web, 2. Hensex Wave(Hensez E-trade), 3. Hensex Diet, 4. Hensex MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs Hensex Securities - Review & Rating
| INDmoney | Hensex Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs Hensex Securities - Request a call back from Broker
| INDmoney | Hensex Securities | |
|---|---|---|
INDmoney Vs Hensex Securities - Investment Options
| INDmoney | Hensex 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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INDmoney Vs Hensex Securities - Order Type
| INDmoney | Hensex 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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INDmoney Vs Hensex Securities - Research & Report
| INDmoney | Hensex 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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INDmoney Vs Hensex Securities - Daily Market Report
| INDmoney | Hensex Securities | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs Hensex Securities - Suitable For Investor
| INDmoney | Hensex Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Hensex Securities - Pros & Cons
| INDmoney | Hensex Securities | |
|---|---|---|
| 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. Hensex broker offers competitive brokerage rates, 2. They provide a wide range of investment options and financial products, 3. Hensex broker offers advanced trading platforms and tools, 4.They provide research and analysis to assist investors in making informed decisions, 5. Hensex broker offers reliable customer support and assistance. |
| 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. Hensex broker may have higher account maintenance fees or minimum balance requirements, 2. They might have limited accessibility or availability in certain regions, 3. Hensex broker may lack certain advanced features or tools compared to other brokers, 4. They may have a smaller network or fewer branch locations, 5. Hensex broker may not offer certain specialized investment options or services. |
INDmoney Vs Hensex Securities - Background
| INDmoney | Hensex Securities | |
|---|---|---|
INDmoney Vs Hensex Securities - Compare All Brokers
| INDmoney | Hensex Securities | |
|---|---|---|
INDmoney Vs Hensex Securities - STT/CTT
| INDmoney | Hensex Securities | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on the sell side |
| 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 the sell side |
| 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 | 0.01% on the sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on the sell side |
INDmoney Vs Hensex Securities - Demat transaction charges
| INDmoney | Hensex Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹25/- per scrip (excluding GST) |
INDmoney Vs Hensex Securities - GST
| INDmoney | Hensex Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Hensex Securities - SEBI Charges
| INDmoney | Hensex Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Hensex Securities - Account Opening & AMC Charges
INDmoney
Hensex Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
First Year Free (After ₹250 -/- per year for indivusual) | First Year Free (After ₹2000 -/- per year for Corporate)
Trading Account AMC
₹0 (Free)
₹0 (Free)
INDmoney Vs Hensex Securities
| INDmoney | Hensex Securities | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
Hensex Securities Review 2024 |
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Hensex Securities
Hensex Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs Hensex Securities - Brokerage charges & Plans
| INDmoney | Hensex Securities | |
|---|---|---|
| Commodity Futures | N/A | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹40 or 0.10 per order |
| Currency Futures | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.50% per order |
| Equity Options | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Commodity Options | N/A | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Equity Futures | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Currency Options | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Fixed Charges | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
INDmoney Vs Hensex Securities - Margin (Exposure)
| INDmoney | Hensex 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) |
INDmoney Vs Hensex Securities - Other Charges
| INDmoney | Hensex Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | N/A |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹50 per position | ₹20 per executed order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
INDmoney Vs Hensex Securities - STT/CTT
| INDmoney | Hensex Securities | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on the sell side |
| 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 the sell side |
| 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 | 0.01% on the sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on the sell side |
INDmoney Vs Hensex Securities - Demat transaction charges
| INDmoney | Hensex Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹25/- per scrip (excluding GST) |
INDmoney Vs Hensex Securities - GST
| INDmoney | Hensex Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Hensex Securities - SEBI Charges
| INDmoney | Hensex Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Hensex Securities - Features
| INDmoney | Hensex 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. Hensex Web, 2. Hensex Wave(Hensez E-trade), 3. Hensex Diet, 4. Hensex MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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