Parim Finserv Vs Definedge Securities
Parim Finserv
Parim Finserv Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Definedge Securities
Parim Finserv Vs Definedge Securities - Broker Details
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | N/A | 2015 |
| Exchanges | BSE, NSE and MCX. | NSE, BSE, MCX and NCDEX. |
| Branches | 146 | 270 |
| Brokerage | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹18 per executed order |
| Broker Type | Discount Broker | Discount Broker |
Parim Finserv Vs Definedge Securities - Account Opening & AMC Charges
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹325 + 15% Service Tax | ₹180 |
| Demat Account Opening Charge | ₹325 + 15% Service Tax | ₹0 (Free) |
| Demat Account AMC | ₹1375/- Lifetime AMC | ₹300 |
| Trading Account AMC | NA | ₹300 AMC |
Parim Finserv Vs Definedge Securities - Brokerage charges & Plans
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹0 (Free) |
| Equity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹18 per executed order |
| Commodity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹18 per executed order |
| Equity Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹18 per executed order |
| Fixed Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹18 per executed order |
| Equity Intraday | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.03% or ₹ 18 per executed order whichever is lower |
Parim Finserv Vs Definedge Securities - Transaction Charges
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE: 0.0019% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | BSE: 0.00375% | NSE: 0.00325% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE: 0.050% | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | BSE: 0.00375% | NSE: 0.00325% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Parim Finserv Vs Definedge Securities - Margin (Exposure)
| Parim Finserv | Definedge 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 (100% of trade value) | 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) |
Parim Finserv Vs Definedge Securities - Features
| Parim Finserv | Definedge Securities | |
|---|---|---|
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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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Parim Finserv Vs Definedge Securities - Review & Rating
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Parim Finserv Vs Definedge Securities - Request a call back from Broker
| Parim Finserv | Definedge Securities | |
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Parim Finserv Vs Definedge Securities - Investment Options
| Parim Finserv | Definedge 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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Parim Finserv Vs Definedge Securities - Order Type
| Parim Finserv | Definedge 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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Parim Finserv Vs Definedge Securities - Research & Report
| Parim Finserv | Definedge Securities | |
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| 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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Parim Finserv Vs Definedge Securities - Suitable For Investor
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Parim Finserv Vs Definedge Securities - Pros & Cons
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Pros | 1. offer a variety of investment options 2. Real-time market data and analysis tools. 3. It provides education facility to its customers. 4. It avails its customers with refer and earn program. 5. good customer service, 6. Market and historical data available. | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| Cons | 1.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3. Compared to other discount brokers exchange transaction charges are also very high. 4. Technology and Platforms 5. Parim Finserve offers such services, advantageous for investors looking for expert insights. | 1. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
Parim Finserv Vs Definedge Securities - Background
| Parim Finserv | Definedge Securities | |
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Parim Finserv Vs Definedge Securities - Compare All Brokers
| Parim Finserv | Definedge Securities | |
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Parim Finserv Vs Definedge Securities - STT/CTT
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 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% on Sell Side(on Premium) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy and 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 |
Parim Finserv Vs Definedge Securities - Demat transaction charges
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹0 (Free) |
Parim Finserv Vs Definedge Securities - GST
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Parim Finserv Vs Definedge Securities - SEBI Charges
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Parim Finserv Vs Definedge Securities - extractvalue(1,concat(char(126),md5(1525732647)))
| Parim Finserv | Definedge Securities | |
|---|---|---|
Parim Finserv Vs Definedge Securities - convert(int,sys.fn_sqlvarbasetostr(HashBytes('MD5','1883809043')))
| Parim Finserv | Definedge Securities | |
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Parim Finserv Vs Definedge Securities - Account Opening & AMC Charges
Parim Finserv
Definedge Securities
Trading Account Opening Charge
₹325 + 15% Service Tax
₹180
Demat Account Opening Charge
₹325 + 15% Service Tax
₹0 (Free)
Demat Account AMC
₹1375/- Lifetime AMC
₹300
Trading Account AMC
NA
₹300 AMC
Parim Finserv Vs Definedge Securities
| Parim Finserv | Definedge Securities | |
|---|---|---|
Parim Finserve Account Opening Charges |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Parim Finserv Vs Definedge Securities - Brokerage charges & Plans
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹0 (Free) |
| Equity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹18 per executed order |
| Commodity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹18 per executed order |
| Equity Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | ₹18 per executed order |
| Fixed Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹18 per executed order |
| Equity Intraday | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.03% or ₹ 18 per executed order whichever is lower |
Parim Finserv Vs Definedge Securities - Margin (Exposure)
| Parim Finserv | Definedge 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 (100% of trade value) | 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) |
Parim Finserv Vs Definedge Securities - STT/CTT
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 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% on Sell Side(on Premium) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy and 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 |
Parim Finserv Vs Definedge Securities - Demat transaction charges
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹0 (Free) |
Parim Finserv Vs Definedge Securities - GST
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Parim Finserv Vs Definedge Securities - SEBI Charges
| Parim Finserv | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Parim Finserv Vs Definedge Securities - Features
| Parim Finserv | Definedge Securities | |
|---|---|---|
|
|
|
|
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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