Maverick Vs Flattrade
Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Maverick Vs Flattrade - Broker Details
| Maverick | Flattrade | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 2004 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | N/A | 6 |
| Brokerage | 0.01% per order | ₹0 (Free) |
| Broker Type | Full Service Broker | Discount Broker |
Maverick Vs Flattrade - Account Opening & AMC Charges
| Maverick | Flattrade | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 + GST |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 per year | ₹999 for Lifetime | ₹0 (Free) |
| Trading Account AMC | NA | ₹0 (Free) |
Maverick Vs Flattrade - Brokerage charges & Plans
| Maverick | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% per order | ₹0 (Free) |
| Currency Futures | 0.01% per order | ₹0 (Free) |
| Equity Delivery | 0.1% per order | ₹0 (Free) |
| Equity Options | Rs. 10 per lot | ₹0 (Free) |
| Commodity Options | Rs. 10 per lot | ₹0 (Free) |
| Equity Futures | 0.01% per order | ₹0 (Free) |
| Currency Options | Rs. 10 per lot | ₹0 (Free) |
| Fixed Charges | 0.01% per order | ₹0 (Free) |
| Equity Intraday | 0.01% per order | ₹0 (Free) |
Maverick Vs Flattrade - Other Charges
| Maverick | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | 0.01% per order | ₹0 (Free) |
| Minimum Brokerage | 0.01% per order | ₹0 (Free) |
Maverick Vs Flattrade - Transaction Charges
| Maverick | Flattrade | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035%e | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE: 0.0019% | 0.0020% |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Equity Options | NSE: 0.05% (on premium) | 0.053% (on premium) |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
Maverick Vs Flattrade - Margin (Exposure)
| Maverick | Flattrade | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Maverick Vs Flattrade - Features
| Maverick | Flattrade | |
|---|---|---|
| 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 & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Maverick Vs Flattrade - Review & Rating
| Maverick | Flattrade | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Maverick Vs Flattrade - Request a call back from Broker
| Maverick | Flattrade | |
|---|---|---|
Maverick Vs Flattrade - Investment Options
| Maverick | Flattrade | |
|---|---|---|
| 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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Maverick Vs Flattrade - Order Type
| Maverick | Flattrade | |
|---|---|---|
| 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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Maverick Vs Flattrade - Research & Report
| Maverick | Flattrade | |
|---|---|---|
| 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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Maverick Vs Flattrade - Daily Market Report
| Maverick | Flattrade | |
|---|---|---|
| Daily Market Reports & News |
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Maverick Vs Flattrade - Suitable For Investor
| Maverick | Flattrade | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Maverick Vs Flattrade - Pros & Cons
| Maverick | Flattrade | |
|---|---|---|
| Pros | 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. | 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments |
| Cons | 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. | 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. |
Maverick Vs Flattrade - Background
| Maverick | Flattrade | |
|---|---|---|
Maverick Vs Flattrade - Compare All Brokers
| Maverick | Flattrade | |
|---|---|---|
Maverick Vs Flattrade - STT/CTT
| Maverick | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on Sale side |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% Buy & Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Maverick Vs Flattrade - Demat transaction charges
| Maverick | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | Rs.20 /- | ₹20 + GST per scrip only on sell |
Maverick Vs Flattrade - GST
| Maverick | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
Maverick Vs Flattrade - SEBI Charges
| Maverick | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maverick Vs Flattrade - Account Opening & AMC Charges
Maverick
Flattrade
Trading Account Opening Charge
₹0 (Free)
₹200 + GST
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 per year | ₹999 for Lifetime
₹0 (Free)
Trading Account AMC
NA
₹0 (Free)
Maverick Vs Flattrade
| Maverick | Flattrade | |
|---|---|---|
Maverick Account Opening Process and Charges Detail |
Flattrade ReviewFlattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs .. |
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Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Maverick Vs Flattrade - Brokerage charges & Plans
| Maverick | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% per order | ₹0 (Free) |
| Currency Futures | 0.01% per order | ₹0 (Free) |
| Equity Delivery | 0.1% per order | ₹0 (Free) |
| Equity Options | Rs. 10 per lot | ₹0 (Free) |
| Commodity Options | Rs. 10 per lot | ₹0 (Free) |
| Equity Futures | 0.01% per order | ₹0 (Free) |
| Currency Options | Rs. 10 per lot | ₹0 (Free) |
| Fixed Charges | 0.01% per order | ₹0 (Free) |
| Equity Intraday | 0.01% per order | ₹0 (Free) |
| Call Back Open Account |
Maverick Vs Flattrade - Margin (Exposure)
| Maverick | Flattrade | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Maverick Vs Flattrade - Other Charges
| Maverick | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | 0.01% per order | ₹0 (Free) |
| Minimum Brokerage | 0.01% per order | ₹0 (Free) |
Maverick Vs Flattrade - STT/CTT
| Maverick | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on Sale side |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% Buy & Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Maverick Vs Flattrade - Demat transaction charges
| Maverick | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | Rs.20 /- | ₹20 + GST per scrip only on sell |
Maverick Vs Flattrade - GST
| Maverick | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
Maverick Vs Flattrade - SEBI Charges
| Maverick | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maverick Vs Flattrade - Features
| Maverick | Flattrade | |
|---|---|---|
| Online Portfolio |
|
|
| 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 & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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