Maitra Vs INDmoney
Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Maitra Vs INDmoney - Broker Details
| Maitra | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 2019 |
| Exchanges | NSE, BSE and MCX | NSE, BSE and MCX |
| Branches | N/A | 966 |
| Brokerage | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
| Broker Type | Full Service Broker | Discount Broker |
Maitra Vs INDmoney - Account Opening & AMC Charges
| Maitra | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 + 18% GST | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Maitra Vs INDmoney - Brokerage charges & Plans
| Maitra | INDmoney | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | N/A |
| Currency Futures | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹5/Lot Or ₹20/Order | N/A |
| Equity Futures | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
Maitra Vs INDmoney - Other Charges
| Maitra | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹50 per position |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
Maitra Vs INDmoney - Transaction Charges
| Maitra | INDmoney | |
|---|---|---|
| Currency Options | 0.053% | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | 0.0019% | NSE: 0.00195% on total turnover value |
| Equity Intraday | 0.00325% | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | 0.05% | NSE: 0.053% on premium value |
| Commodity | 0.0026% | 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 |
| Currency Futures | 0.0026% | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | 0.00325% | NSE - 0.00325% | BSE- 0.00375% |
Maitra Vs INDmoney - Margin (Exposure)
| Maitra | INDmoney | |
|---|---|---|
| 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 | 1x(100% of NRML margin (Span + Exposure)) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Maitra Vs INDmoney - Features
| Maitra | INDmoney | |
|---|---|---|
| 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 :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Maitra Vs INDmoney - Review & Rating
| Maitra | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Maitra Vs INDmoney - Request a call back from Broker
| Maitra | INDmoney | |
|---|---|---|
Maitra Vs INDmoney - Investment Options
| Maitra | INDmoney | |
|---|---|---|
| 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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Maitra Vs INDmoney - Order Type
| Maitra | INDmoney | |
|---|---|---|
| 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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Maitra Vs INDmoney - Research & Report
| Maitra | INDmoney | |
|---|---|---|
| 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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Maitra Vs INDmoney - Daily Market Report
| Maitra | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Maitra Vs INDmoney - Suitable For Investor
| Maitra | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Maitra Vs INDmoney - Pros & Cons
| Maitra | INDmoney | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra 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. 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. |
| Cons | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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. |
Maitra Vs INDmoney - Background
| Maitra | INDmoney | |
|---|---|---|
Maitra Vs INDmoney - Compare All Brokers
| Maitra | INDmoney | |
|---|---|---|
Maitra Vs INDmoney - STT/CTT
| Maitra | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Maitra Vs INDmoney - Demat transaction charges
| Maitra | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹250/ per certificate |
Maitra Vs INDmoney - GST
| Maitra | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Maitra Vs INDmoney - SEBI Charges
| Maitra | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maitra Vs INDmoney - Account Opening & AMC Charges
Maitra
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 + 18% GST
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Maitra Vs INDmoney
| Maitra | INDmoney | |
|---|---|---|
Maitra Account Opening Process, Charges, and Required Documents Details |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Maitra Vs INDmoney - Brokerage charges & Plans
| Maitra | INDmoney | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | N/A |
| Currency Futures | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹5/Lot Or ₹20/Order | N/A |
| Equity Futures | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
Maitra Vs INDmoney - Margin (Exposure)
| Maitra | INDmoney | |
|---|---|---|
| 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 | 1x(100% of NRML margin (Span + Exposure)) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Maitra Vs INDmoney - Other Charges
| Maitra | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹50 per position |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | 0.05% or up to ₹20/Per Order |
Maitra Vs INDmoney - STT/CTT
| Maitra | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Maitra Vs INDmoney - Demat transaction charges
| Maitra | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹250/ per certificate |
Maitra Vs INDmoney - GST
| Maitra | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Maitra Vs INDmoney - SEBI Charges
| Maitra | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maitra Vs INDmoney - Features
| Maitra | INDmoney | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| 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 :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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