iTradeOnline Review 2024 | Brokerage Charges, Margin and Details
iTradeOnline Review
iTradeonline is an online venture of Trustline Securities Limited. A broker is considered as a mediator between the exchanges and investors and plays a key role in the investing part of any trader so it is quite important to choose a diverse and technical-driven platform. iTradeonline broker provides the facility to invest in NSE, BSE, MCX and NCDEX with trade online courses. iTrade reviews is the depositary member of CDSL and NSDL and it provides the flexibility to choose between both the exchanges. iTradeonline provides online facility to open demat and trading account from any corner of the world. You can open an account with iTrade online by visiting the nearby branch or you can dial the toll-free number to open an account. interactive brokers online trading offers many types of financial services to invest in such as equity, derivative, mutual funds, currency, commodity, IPO, insurance and portfolio management services and brokerage online stock trading services.
iTradeonline Margin
Trading on margin interactive brokers provide some of thew margin facility are given below:
Segment | Margin | Leverage |
Equity Delivery | 100% of trade value | 5x |
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 |
Customer-centric philosophy of the company proves as a game changer for the company. There are many interactive brokers online trading platform but iTradeonline has its presence in more than 500+ Indian places. According to the SEBI guidelines, iTradeonline offers leverage facility in almost all the segments except in equity delivery segment. iTrade technology has developed user friendly trading software for its users but it does not provide facility to open demat account online India for NRI and NRI demat account in India.
iTradeonline Account Opening Charges
iTradeonline offers online demat account India and offline method to open an account and charges are as follows:
Trading account
Trading account brokerage is Rs.200 plus service tax for online account (Nil for offline account)
iTradeonline demat
Demat account in India are Rs. 300 plus service tax are the annual maintenance charges (AMC)and Rs.1000 plus service tax are the charges for life time AMC Demat account.
iTradeonline Brokerage
While trading in the stock market on iTrade trading platform, you need to pay iTrade trading platform iTrade price for virtual brokerage account which is different for all the segment.
Online brokerage house has the following brokerage plans:
Cash Market:
Delivery-based trading – Rs 20 per executed order or 0.03% whichever is lower
Intraday trading – Rs 20 per executed order or 0.03% whichever is lower
Futures & Options
Brokerage account online has the following brokerage charges for different segments:
Equity F&O – Rs 20 per executed order or 0.03% whichever is lower
NSE Currency F&O Trades – Rs 20 per executed order or 0.03% whichever is lower
MCX Commodity F&O – Rs 20 per executed order or 0.03% whichever is lower
iTradeonline Trading Software
iTradeonline trading offers free trading software to the clients which are as follows:
T5: It is a browser-based website offers you to trade in share market through its platform.
iTrade: It is a smartphone-based application available for download from Google Play Store and App Store.
Trust Power: This is a trading terminal installable in windows computers.
iTradeonline Advantages & Disadvantages
iTradeonline is a very old, diverse and popular broker. We must read advantages and disadvantages before choosing iTradeOnline.
Advantages
iTrade members may have the following advantages:
• Full-secure and diversified iTrade trading platform.
• 100% paperless account opening facility.
• iTrade customer login Margin facility.
• Offline support to open an account.
• iTrade marketplace Offers research and recommendation services.
• Trade online trading online with Call & trade facility.
• Aftermarket order (AMO) facility.
• Lifetime free AMC account on the one-time payment of Rs 1000.
• Daily market reports and current news on online option trading platform.
• iTrade portal provides you 24/7/365 customer support.
• Presence in more than 400 locations across India.
• Hassle-free, easy-to-use and ultra-fast trading software.
• Online support with iTrade online chat
Disadvantages
• Trade online not offer 3-in-1 account.
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Frequently Asked Questions
Any partnership firm, any person or individual, any organisation, any proprietary firm, any Hindu Undivided Family (HUF) can open a trading account with iTradeOnline and invest in mutual fund.
Yes, iTradeOnline offers free tips and research services to their clients.
For any support & queries you need to call at 0120-4613888 or email at helpdesk@trustline.in.
No, you can not invest in Sovereign Gold Bond by using iTradeOnline platform but through Trustline, you can invest in Sovereign Gold Bond.
iTradeOnline offers 2 types of account which are as follows:
1. Regular Demat Account – Account opening fees is zero and AMC is Rs 300 per year.
2. Lifetime Free AMC Demat Account – Account opening fees is Rs 1000 and AMC is Rs 0.
No, iTradeOnline does not allow to invest in US Stocks through its platform but via ‘Trustline’ you can invest in US stocks.
iTradeOnline does not offer mutual fund on its platform but you can invest in mutual fund through Trustline by visiting the official website.
One should choose iTradeOnline as their investment platform because of its world-class facilities in affordable price. iTradeOnline is the digital platform associated with one of the India’s oldest and famous brokers ‘Trustline’. This broker is equipped with modern trading software which allows you to analyse the market.
iTradeOnline offers call & trade facility in which you can call and place trade over the phone. You need to call at 0120-4613800 to execute trades in between 9.00 am to 11.55 pm.
iTradeOnline is the depositary participant of both NSDL and CDSL. iTradeOnline provide the facility to choose between both the exchanges. Customer’s demat account is used to registered with NSDL or CDSL.
You can open an online account in just few minutes by visiting the official website or mobile application of iTradeOnline. You can also visit the nearby branch or you can call on the toll-free number.
CRF Department
iTradeOnline Tower, B-3 Sector 3
Noida, Uttar Pradesh - 201301
iTradeOnline does not offer to invest in mutual fund through its platform but you can invest in mutual fund through Trustline by visiting the official website of Trustline.
No, iTradeOnline does not offer online facility to invest in IPOs but you can invest by using ASBA facility and mention iTradeOnline demat account number in the form to get allotted shares in your iTradeOnline Demat account.
Yes, iTradeOnline offers After Market Order (AMO) facility on its platform.
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