Sernet Financial Vs Flattrade
Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
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.
Sernet Financial Vs Flattrade - Broker Details
| Sernet Financial | Flattrade | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 2004 |
| Exchanges | NSE, BSE and MCX | BSE, NSE and MCX |
| Branches | NA | 6 |
| Brokerage | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Broker Type | Full Service Broker | Discount Broker |
Sernet Financial Vs Flattrade - Account Opening & AMC Charges
| Sernet Financial | Flattrade | |
|---|---|---|
| Trading Account Opening Charge | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee | ₹200 + GST |
| Demat Account Opening Charge | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee | ₹0 (Free) |
| Demat Account AMC | PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) | ₹0 (Free) |
| Trading Account AMC | PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) | ₹0 (Free) |
Sernet Financial Vs Flattrade - Brokerage charges & Plans
| Sernet Financial | Flattrade | |
|---|---|---|
| Commodity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Currency Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Equity Delivery | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% | ₹0 (Free) |
| Equity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Commodity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Equity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Currency Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Fixed Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Equity Intraday | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
Sernet Financial Vs Flattrade - Other Charges
| Sernet Financial | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 per Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Minimum Brokerage | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
Sernet Financial Vs Flattrade - Transaction Charges
| Sernet Financial | Flattrade | |
|---|---|---|
| Currency Options | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE: 0.0019% | 0.0020% |
| Equity Intraday | NSE: 0.00325% | BSE: 0.00325% | 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) | NSE: 0.053% (on premium) | 0.053% (on premium) |
| Commodity | Exchange txn charge: 0.05% | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | NSE: 0.00325% | BSE: 0.00325% | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
Sernet Financial Vs Flattrade - Margin (Exposure)
| Sernet Financial | Flattrade | |
|---|---|---|
| Equity Options | 1x (100% of NRML 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 NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Sernet Financial Vs Flattrade - Features
| Sernet Financial | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Sernet Financial Vs Flattrade - Review & Rating
| Sernet Financial | Flattrade | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Sernet Financial Vs Flattrade - Request a call back from Broker
| Sernet Financial | Flattrade | |
|---|---|---|
Sernet Financial Vs Flattrade - Investment Options
| Sernet Financial | 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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Sernet Financial Vs Flattrade - Order Type
| Sernet Financial | 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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Sernet Financial Vs Flattrade - Research & Report
| Sernet Financial | 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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Sernet Financial Vs Flattrade - Daily Market Report
| Sernet Financial | Flattrade | |
|---|---|---|
| Daily Market Reports & News |
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Sernet Financial Vs Flattrade - Suitable For Investor
| Sernet Financial | Flattrade | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Sernet Financial Vs Flattrade - Pros & Cons
| Sernet Financial | Flattrade | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. Known for their reliability and integrity in managing clients' assets. 4. Offer competitive interest rates and fees for their services. 5. Prioritize client satisfaction and long-term financial well-being. | 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. Limited Global Investment Options 2. Limited Advanced Trading Features 3. Sernet Financial may not have a widespread branch network, which could be inconvenient for clients who prefer in-person banking. 4. Depending on their size and resources, customer support quality and availability may vary. | 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. |
Sernet Financial Vs Flattrade - Background
| Sernet Financial | Flattrade | |
|---|---|---|
Sernet Financial Vs Flattrade - Compare All Brokers
| Sernet Financial | Flattrade | |
|---|---|---|
Sernet Financial Vs Flattrade - STT/CTT
| Sernet Financial | Flattrade | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 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 |
Sernet Financial Vs Flattrade - Demat transaction charges
| Sernet Financial | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip | ₹20 + GST per scrip only on sell |
Sernet Financial Vs Flattrade - GST
| Sernet Financial | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
Sernet Financial Vs Flattrade - SEBI Charges
| Sernet Financial | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Sernet Financial Vs Flattrade - Account Opening & AMC Charges
Sernet Financial
Flattrade
Trading Account Opening Charge
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
₹200 + GST
Demat Account Opening Charge
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
₹0 (Free)
Demat Account AMC
PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
₹0 (Free)
Trading Account AMC
PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
₹0 (Free)
Sernet Financial Vs Flattrade
| Sernet Financial | Flattrade | |
|---|---|---|
Sernet Financial Account Opening Process and Charges Details |
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.
Sernet Financial Vs Flattrade - Brokerage charges & Plans
| Sernet Financial | Flattrade | |
|---|---|---|
| Commodity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Currency Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Equity Delivery | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% | ₹0 (Free) |
| Equity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Commodity Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Equity Futures | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Currency Options | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Fixed Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Equity Intraday | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Call Back Open Account |
Sernet Financial Vs Flattrade - Margin (Exposure)
| Sernet Financial | Flattrade | |
|---|---|---|
| Equity Options | 1x (100% of NRML 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 NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Sernet Financial Vs Flattrade - Other Charges
| Sernet Financial | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 per Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
| Minimum Brokerage | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% | ₹0 (Free) |
Sernet Financial Vs Flattrade - STT/CTT
| Sernet Financial | Flattrade | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 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 |
Sernet Financial Vs Flattrade - Demat transaction charges
| Sernet Financial | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip | ₹20 + GST per scrip only on sell |
Sernet Financial Vs Flattrade - GST
| Sernet Financial | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
Sernet Financial Vs Flattrade - SEBI Charges
| Sernet Financial | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Sernet Financial Vs Flattrade - Features
| Sernet Financial | Flattrade | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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