Indira Securities is the one of the leading stockbrokers of India operational since 1987. This Indore-based stockbroker is a big name of the Indian stock industry. Indira Securities facilitate you to invest in NSE, BSE, MCX and NCDEX. Indira Securities pvt. Ltd is a SEBI registered broker and depositary participant of national organization CDSL. It offers free demat and trading account opening services in its platform. Indira Securities pvt. ltd provides the facility to invest in equities, derivatives, currency, commodities, mutual fund, fixed deposit, online IPO applications, insurance and national pension scheme. Any NRI across the world can invest in Indian brokerage industry through Indira Securities. Indira Securities pvt. ltd has its presence in more than 350+ locations across India. Indira Securities offers Algo trading facility on its platform. With the help of Indira Securities Algo Trading, you can be able to place high-frequency trades. You can transform your strategy into an algo.
Indira Securities is well-known for its attractive leverage and exposure facility through which you can buy unaffordable shares and trade more in the share market. Indira Securities. Indira Securities offers desktop-based, browser-based and mobile-based trading platforms. Indira Securities online trading platform are fully capable to provide you modern and technical services, real-time news etc.
Indira Securities Account Opening Charges
Demat and trading account opening charges of Indira Securities are as follows:
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 charges 2 types of brokerages which are as follows:
1. Indira Securities Discount Brokerage Plan
Indira Securities charges Discount Brokerage Plan for online customers of India except for Madhya Pradesh and Rajasthan.
Segment
Brokerage
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
2. Indira Securities Traditional Plan
Indira Securities offers a Traditional plan to every customer spread across India. It is a percentage-based plan in which brokerage is variable in all the segments.
Segment
Brokerage
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 Futures
0.01%
Commodity Options
Rs 25 per lot (both sides)
Indira Securities Demat Account Charges
Some other Indira Securities DP charges or demat transactions charges are as follows:
Transaction
Charges
Demat Account Opening Charges
Rs 0
Account Maintenance Charges
Rs 450 / year (Payable upfront every year)
Rs 0 per year with Rs 3000 (Refundable deposit)
Transaction Charges per ISIN (Market Trades)
Buy (Receive) – Rs 0
Sell (Debit) – Rs 20 for every debit transaction
Inter-depositary Transfer (Off-market Trades)
Buy (Receive) – Rs 0
Sell (Debit) – 0.010% for every debit transaction
Stamp Charges Payable Upfront (at actuals)
Rs 130
Demat
Rs 5 per certificate
Remat (Per ISIN)
Rs 50 (Per certificate) + CDSL charges
Courier charges per Demat / Remat Request
Rs 35
Pledge per ISIN
Rs 50 per request or 0.02% whichever is higher
Unpledge per ISIN
Rs 50 per request
Pledge Invocation per ISIN
Rs 50 per closure
Periodic Statement
By Email – Free
Physical – Rs 35 (Courier charges)
Delivery Instructions
First delivery instruction book – Free (10 leaves)
Every Additional Booklet – Rs 20
Failed Transactions
Rs 25 per instruction
Modification in CML
Rs 40 per request
Indira Securities Transaction Charges
Segment
Transaction Fee
Equity Delivery
NSE Rs 325 per Cr (0.00325%)
Equity Intraday
NSE Rs 325 per Cr (0.00325%)
Equity Futures
NSE Rs 190 per Cr (0.0019%)
Equity Options
NSE Rs 5000 per Cr (0.05%) (On premium)
Currency Futures
NSE Rs 120 per Cr (0.0012%)
Currency Options
NSE Rs 500 per Cr (0.005%) (On premium)
Commodity
Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%)
Indira Securities Trading Taxes
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%
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.
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.
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%
Yes, Indira Securities offer free trading software and mobile app to their clients. With the help of trading software & tools, you can analyse the market trend.
Yes, Indira Securities offer SIP calculator on its platform through which you can calculate investment and possible returns easily. You will also get to know about the possible returns on fixed deposit and mutual fund.
Yes, Indira Securities offers algo trading facility on its platform. You can transform your strategy in the form of algo and book unlimited profit in the share market.
Any company, individual, partnership firm, proprietary firm, a company can open trading account with Indira Securities via online method or by visiting the nearby branch.
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