5Paisa Vs Maverick
5Paisa
5paisa - Online Share/Stock Trading, Discount Brokers in India 5Paisa Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs. Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, 5Paisa Review of NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
5Paisa Vs Maverick - Broker Details
| 5Paisa | Maverick | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2007 | 2000 |
| Exchanges | BSE, NSE and MCX. | NSE, BSE, MCX and NCDEX |
| Branches | Zero | N/A |
| Brokerage | ₹20/ Order | 0.01% per order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
5Paisa Vs Maverick - Account Opening & AMC Charges
| 5Paisa | Maverick | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300/- | ₹300 per year | ₹999 for Lifetime |
| Trading Account AMC | ₹0 (Free) | NA |
| Call Back Open Account |
5Paisa Vs Maverick - Brokerage charges & Plans
| 5Paisa | Maverick | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.01% per order |
| Currency Futures | ₹20/ Order | 0.01% per order |
| Equity Delivery | ₹20/ Order | 0.1% per order |
| Equity Options | ₹20/ Order | Rs. 10 per lot |
| Commodity Options | ₹20/ Order | Rs. 10 per lot |
| Equity Futures | ₹20/ Order | 0.01% per order |
| Currency Options | ₹20/ Order | Rs. 10 per lot |
| Fixed Charges | ₹499/ Month | 0.01% per order |
| Equity Intraday | ₹20/ Order | 0.01% per order |
| Call Back Open Account |
5Paisa Vs Maverick - Other Charges
| 5Paisa | Maverick | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | ₹499/ Month | 0.01% per order |
| Minimum Brokerage | ₹20/ Order | 0.01% per order |
| Call Back Open Account |
5Paisa Vs Maverick - Transaction Charges
| 5Paisa | Maverick | |
|---|---|---|
| Currency Options | 0.035% | Exchange txn charge: 0.035%e |
| Equity Futures | 0.0020% | NSE: 0.0019% |
| Equity Intraday | 0.00345% (NSE) | 0.00345% (BSE) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | 0.053% | NSE: 0.05% (on premium) |
| Commodity | Grp A (28 Commodities) 0.0026% | Grp B (4 Commodities) | BLACK PEPPER - 0.0005% | BRASS - 0.0005% |CASTORSEED - 0.0005% | RBDPALMOLEIN - 0.001% | Options Contracts: 0.05% | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | 0.0009% | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | 0.00345% (NSE) | 0.00345% (BSE) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Call Back Open Account |
5Paisa Vs Maverick - Margin (Exposure)
| 5Paisa | Maverick | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
5Paisa Vs Maverick - Features
| 5Paisa | Maverick | |
|---|---|---|
| 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 5 Paisa Mobile App, Trade station Web, Trade Station Exe, Algo Trading, 5paisa Robo Advisory | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
5Paisa Vs Maverick - Review & Rating
| 5Paisa | Maverick | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
5Paisa Vs Maverick - Request a call back from Broker
| 5Paisa | Maverick | |
|---|---|---|
| Call Back Open Account |
5Paisa Vs Maverick - Investment Options
| 5Paisa | Maverick | |
|---|---|---|
| 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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| Call Back Open Account |
5Paisa Vs Maverick - Order Type
| 5Paisa | Maverick | |
|---|---|---|
| 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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| Call Back Open Account |
5Paisa Vs Maverick - Research & Report
| 5Paisa | Maverick | |
|---|---|---|
| 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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| Call Back Open Account |
5Paisa Vs Maverick - Daily Market Report
| 5Paisa | Maverick | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
5Paisa Vs Maverick - Suitable For Investor
| 5Paisa | Maverick | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
5Paisa Vs Maverick - Pros & Cons
| 5Paisa | Maverick | |
|---|---|---|
| Pros | 1.It is being promoted by IIFL which is a premier non-banking financial institution. 2.Different subscription plans according to the need of clients. 3.No software charges.4.Free technical, derivative and fundamental advice to customers. 5.It offers mutual funds and insurance. | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
| Cons | 1.Non availability of 3-in-1 account 2.High Demat debit transaction charges. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.NRI trading services are not offered by 5 paisa. 5.It does not provide commodity trading services. | 1. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
| Call Back Open Account |
5Paisa Vs Maverick - Background
| 5Paisa | Maverick | |
|---|---|---|
| Call Back Open Account |
5Paisa Vs Maverick - Compare All Brokers
| 5Paisa | Maverick | |
|---|---|---|
| Call Back Open Account |
5Paisa Vs Maverick - STT/CTT
| 5Paisa | Maverick | |
|---|---|---|
| Commodity Futures | 0.0001% (On exercise purchaser) 0.01% (Sell Future) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% | 0.025% on the sell side |
| Equity Options | 0.05% (Sell Option) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on buy & sell |
| Equity Futures | 0.01% (Sell Future) | 0.0125% on sell side |
| Commodity Options | 0.05% (Sell Option) | 0.05% on sell side |
| Call Back Open Account |
5Paisa Vs Maverick - Demat transaction charges
| 5Paisa | Maverick | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12.5 + Gst per scrip per day only on sell | Rs.20 /- |
| Call Back Open Account |
5Paisa Vs Maverick - GST
| 5Paisa | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
5Paisa Vs Maverick - SEBI Charges
| 5Paisa | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
5Paisa Vs Maverick - Account Opening & AMC Charges
5Paisa
Maverick
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300/-
₹300 per year | ₹999 for Lifetime
Trading Account AMC
₹0 (Free)
NA
5Paisa Vs Maverick
| 5Paisa | Maverick | |
|---|---|---|
5Paisa Review | Brokerage Charges, Account Opening5Paisa is one the leading stock brokers of India. Being started on March 2016 to becoming 2nd largest stock broker of India in Dec 2018, 5Paisa company covered a long way in a very short span of time. 5paisa broking review provides trade in equity, commodity and currency at BSE, NSE and MCX. 5paisa trading platform review offers different trading p .. + " Vs "+ Maverick |
Maverick Account Opening Process and Charges Detail |
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Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
5Paisa Vs Maverick - Brokerage charges & Plans
| 5Paisa | Maverick | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.01% per order |
| Currency Futures | ₹20/ Order | 0.01% per order |
| Equity Delivery | ₹20/ Order | 0.1% per order |
| Equity Options | ₹20/ Order | Rs. 10 per lot |
| Commodity Options | ₹20/ Order | Rs. 10 per lot |
| Equity Futures | ₹20/ Order | 0.01% per order |
| Currency Options | ₹20/ Order | Rs. 10 per lot |
| Fixed Charges | ₹499/ Month | 0.01% per order |
| Equity Intraday | ₹20/ Order | 0.01% per order |
| Call Back Open Account |
5Paisa Vs Maverick - Margin (Exposure)
| 5Paisa | Maverick | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
5Paisa Vs Maverick - Other Charges
| 5Paisa | Maverick | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | ₹499/ Month | 0.01% per order |
| Minimum Brokerage | ₹20/ Order | 0.01% per order |
| Call Back Open Account |
5Paisa Vs Maverick - STT/CTT
| 5Paisa | Maverick | |
|---|---|---|
| Commodity Futures | 0.0001% (On exercise purchaser) 0.01% (Sell Future) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% | 0.025% on the sell side |
| Equity Options | 0.05% (Sell Option) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on buy & sell |
| Equity Futures | 0.01% (Sell Future) | 0.0125% on sell side |
| Commodity Options | 0.05% (Sell Option) | 0.05% on sell side |
| Call Back Open Account |
5Paisa Vs Maverick - Demat transaction charges
| 5Paisa | Maverick | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12.5 + Gst per scrip per day only on sell | Rs.20 /- |
| Call Back Open Account |
5Paisa Vs Maverick - GST
| 5Paisa | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
5Paisa Vs Maverick - SEBI Charges
| 5Paisa | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
5Paisa Vs Maverick - Features
| 5Paisa | Maverick | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 5 Paisa Mobile App, Trade station Web, Trade Station Exe, Algo Trading, 5paisa Robo Advisory | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |