Account | Charges |
Trading Account Opening Charges | Rs 0 |
Trading Account AMC | Rs 0 |
Demat Account Opening Charges | Rs 0 |
Demat AMC | Rs 450 annually (1st Year Free) |
Indira Securities Brokerage:
Indira Securities offers 2 types of brokerage plans to their clients which are as follows:
1. Indira Securities Discount Brokerage Plan:
This plan is for online customers except for clients of MP and Rajasthan. This plan offers online trading, free research, free call n trade and Rs 0 auto square-off charges.
• Equity Delivery: Rs 20 per executed order
• Equity Intraday: Rs 20 per executed order
• Equity Futures: Rs 20 per executed order
• Equity Options: Rs 20 per executed order
• Currency Futures: Rs 20 per executed order
• Currency Options: Rs 20 per executed order
• Commodity Futures: Rs 20 per executed order
• Commodity Options : Rs 20 per executed order
1. Indira Securities Traditional Plan:
This plan is for the online customers except clients of MP and Rajasthan. This plan offers online trading, free research, free call & trade and Rs 0 auto square-off charges.
• Equity Delivery : 0.10%
• Equity Intraday : 0.01%
• Equity Futures : 0.01%
• Equity Options : Rs 25 per lot (both sides)
• Currency Futures : 0.01%
• Currency Options : Rs 25 per lot (both sides)
• Commodity : 0.01%
Indira Securities Other Charges:
Taxes | Rates |
Securities Transaction Tax (STT) | - Equity Delivery- 0.1% on both buy & sell
- Equity Intraday- 0.025% on sell side
- Equity Futures- 0.01% on sell side
- Equity Options- 0.05% on sell side (premium)
- Commodity Futures- 0.01% on sell side (Non-Agri)
- Commodity Options- 0.05% on sell side
- Currency F&O- No STT
- On exercise transaction- 0.125%
- Right to entitlement- 0.05% on sell side
|
GST | 18% on (Brokerage + Transaction + SEBI fee) |
SEBI Charges | 0.0001% (Rs.10/crore) |
Stamp Duty | (On buy side only) Delivery- 0.015%, Intraday- 0.003%, Equity Futures- 0.002%, Equity Options- 0.003% and Currency F&O- 0.0001% Commodity Futures- 0.002%, Commodity Options- 0.003% |
Indira Securities Trading Software:
1. IndiraTrade.in (Browser-based Trading Website) – It is a browser-based trading platform through which you can trade in multiple segments.
2. TradeInsta (Mobile-based Trading App) – This is a smartphone-based mobile application that allows customers to trade from any place across India. 3. ODIN Diet (Installable Indira Trader Terminal) – This is a powerful trading terminal which is equipped with modern technologies to analyse the market and place trade in the stock market.
4. MF Planet (Mutual Fund Investment Platform) – Indira Securities offers mutual fund investment software powered by RED Vision Computer Technologies.
Indira Securities Margin:
Segment | Margin | Leverage |
Equity Delivery | 100% of trade value | 1x |
Equity Intraday | Up to 20% of trade value | 5x |
Equity Future | 100% of NRML margin (Span + Exposure) | 1x |
Equity Option | 100% of NRML margin (Span + Exposure) | 1x |
Currency Futures | 100% of NRML margin (Span + Exposure) | 1x |
Currency Option | 100% of NRML margin (Span + Exposure) | 1x |
Commodity Futures | 100% of NRML margin (Span + Exposure) | 1x |
Indira Securities Advantages & Disadvantages:
Indira Securities is a very old and popular broker. We must read advantages and disadvantages before choosing Indira Securities.
Advantages:
• Full-secure and diversified platform.
• Online & offline both account opening facility.
• Automated trading facility.
• Free & paperless demat account opening facility.
• Offers research and recommendation services.
• A wide range of trading software.
• Zero auto square-off charges.
• Zero call and trade charges.
• Research & advisory services.
• 24/7/365 customer support.
• 350+ branches across India.
• Safe & secure platform.
Disadvantages:
• Does not offer 3-in-1 account.
• Does not offer NRI trading account.
Open Indira Securities Demat Account
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