Indira Securities Review | Brokerage Charges, Account Opening, Demat Account, Trading Software

Articles

Best Margin
Zero Brokerage.
Free Api
24*7 Customer Support.
Fastest mobile support

Indira Securities Review | Brokerage Charges, Account Opening

‘Gateway to Prosperity’ is the tagline of the Indira Securities which was incorporated on 1987 as a financial service provider. Indira Securities believes that investing is an art which requires a clear vision and balanced approach. The company’s principle is to provide hassle-free and transparent platform through which any person from any place can invest in different financial segments of the market and enhance their assets. India Securities provides the facility to invest in NSE, BSE, MCX and NCDEX. Indira Securities is the depositary participant of CDSL, it offers demat and trading account services in its platform. Indira Securities offers many types of financial services to invest in such as equity, derivative, mutual funds, currency, commodity, IPO, insurance and bonds. Indira Securities offers research and advisory services to their clients as the company has a full-fledged team of research & development. The main objective of the Indira Securities is to maximize the client’s profit by providing the world-class services in affordable and minimum cost.

Indira Securities offers algo trading on its platform which is a digital facility to invest in share market group has a strong presence with a network of 350+ branches spread across India. This is a SEBI registered and diverse platform through which any one can invest in their favourite companies.

Indira Securities Account Opening Charges:

You don’t need to pay any amount to open a demat account on Indira Securities.

Account	Charges
Trading Account Opening Charges	Rs 0
Trading Account AMC	Rs 0
Demat Account Opening Charges	Rs 0
Demat AMC	Rs 450 annually (1^st 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:

Indira Securities offers free trading software and tools to the clients which are as follows:

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.

• Margin & leverage 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

Comments for Indira Securities Review | Brokerage Charges, Account Opening, Demat Account, Trading Software

0 comments

Why I should invest in share market through Indira Securities?

Indira Securities is a diverse, technology-driven and transparent broker which provides a wide range of financial services. The company’s aim is to provide every best facility to their clients. You should invest through this platform as it has a military-level security and all your data is fully safe and secure.

Does Indira Securities provide leverage on its platform?

Leverage & margin facility is available on its platform as per the SEBI guidelines.

Does Indira Securities provides After Market Order (AMO) facility on its platform?

Yes, Indira Securities offers After Market Order (AMO) facility on its platform.

Does Indira Securities offer 3-in-1 account facility on its platform?

No, Indira Securities does not offer 3-in-1 account facility on its platform. The company only provide 2-in-1 account i.e. demat and trading account.

Can I invest at the age of 13?

At this minor age, you will need to open a custodial account with any adult as you’re younger than the maturity age (18 or 21) because Pan card is a necessary document needed to open your demat and trading account.

What are the two types of brokerage plan offered by Indira Securities?

Indira Securities offers two types of brokerage plans to their clients: 1. Discount brokerage plan • Equity Delivery : Rs 20 per executed order • Equity Intraday : Rs 20 per execute 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 2. Traditional Plan • 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%