Maitra Vs Zerodha
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
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Maitra Vs Zerodha - Broker Details
| Maitra | Zerodha | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 2010 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | N/A | 120+ |
| Brokerage | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% |
| Broker Type | Full Service Broker | Discount Broker |
Maitra Vs Zerodha - Account Opening & AMC Charges
| Maitra | Zerodha | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account AMC | ₹400 + 18% GST | ₹300/Year + GST charged quarterly (90 days) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Maitra Vs Zerodha - Brokerage charges & Plans
| Maitra | Zerodha | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹5/Lot Or ₹20/Order | Zero Brokerage |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹20/ Order |
| Commodity Options | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹5/Lot Or ₹20/Order | ₹20/Order |
| Equity Intraday | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
Maitra Vs Zerodha - Other Charges
| Maitra | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹2000/ Month |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | ₹20/ Order |
Maitra Vs Zerodha - Transaction Charges
| Maitra | Zerodha | |
|---|---|---|
| Currency Options | 0.053% | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% |
| Equity Futures | 0.0019% | NSE: 0.002% |
| Equity Intraday | 0.00325% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | 0.05% | NSE: 0.053% (on premium) |
| Commodity | 0.0026% | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% |
| Currency Futures | 0.0026% | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% |
| Equity Delivery | 0.00325% | NSE: 0.00345% | BSE: 0.00345% |
Maitra Vs Zerodha - Margin (Exposure)
| Maitra | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
Maitra Vs Zerodha - Features
| Maitra | Zerodha | |
|---|---|---|
| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Maitra Vs Zerodha - Review & Rating
| Maitra | Zerodha | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Maitra Vs Zerodha - Request a call back from Broker
| Maitra | Zerodha | |
|---|---|---|
Maitra Vs Zerodha - Investment Options
| Maitra | Zerodha | |
|---|---|---|
| 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 Zerodha - Order Type
| Maitra | Zerodha | |
|---|---|---|
| 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 Zerodha - Research & Report
| Maitra | Zerodha | |
|---|---|---|
| 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 Zerodha - Daily Market Report
| Maitra | Zerodha | |
|---|---|---|
| Daily Market Reports & News |
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Maitra Vs Zerodha - Suitable For Investor
| Maitra | Zerodha | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Maitra Vs Zerodha - Pros & Cons
| Maitra | Zerodha | |
|---|---|---|
| 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.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. |
| 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.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment |
Maitra Vs Zerodha - Background
| Maitra | Zerodha | |
|---|---|---|
Maitra Vs Zerodha - Compare All Brokers
| Maitra | Zerodha | |
|---|---|---|
Maitra Vs Zerodha - STT/CTT
| Maitra | Zerodha | |
|---|---|---|
| Commodity Futures | 0.01% | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% | 0.05% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Maitra Vs Zerodha - Demat transaction charges
| Maitra | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹13.5 + Gst per scrip (stock) |
Maitra Vs Zerodha - GST
| Maitra | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
Maitra Vs Zerodha - SEBI Charges
| Maitra | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Maitra Vs Zerodha - Account Opening & AMC Charges
Maitra
Zerodha
Trading Account Opening Charge
₹0 (Free)
₹200
Demat Account Opening Charge
₹0 (Free)
₹200
Demat Account AMC
₹400 + 18% GST
₹300/Year + GST charged quarterly (90 days)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Maitra Vs Zerodha
| Maitra | Zerodha | |
|---|---|---|
Maitra Account Opening Process, Charges, and Required Documents Details |
Zerodha Review 2024 |
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Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Maitra Vs Zerodha - Brokerage charges & Plans
| Maitra | Zerodha | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹5/Lot Or ₹20/Order | Zero Brokerage |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹20/ Order |
| Commodity Options | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹5/Lot Or ₹20/Order | ₹20/Order |
| Equity Intraday | ₹5/Lot Or ₹20/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Maitra Vs Zerodha - Margin (Exposure)
| Maitra | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
Maitra Vs Zerodha - Other Charges
| Maitra | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹2000/ Month |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | ₹20/ Order |
Maitra Vs Zerodha - STT/CTT
| Maitra | Zerodha | |
|---|---|---|
| Commodity Futures | 0.01% | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% | 0.05% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Maitra Vs Zerodha - Demat transaction charges
| Maitra | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹13.5 + Gst per scrip (stock) |
Maitra Vs Zerodha - GST
| Maitra | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
Maitra Vs Zerodha - SEBI Charges
| Maitra | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Maitra Vs Zerodha - Features
| Maitra | Zerodha | |
|---|---|---|
| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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