INDmoney Vs Zerodha
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs Zerodha - Broker Details
| INDmoney | Zerodha | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 2010 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 966 | 120+ |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% |
| Broker Type | Discount Broker | Discount Broker |
INDmoney Vs Zerodha - Account Opening & AMC Charges
| INDmoney | Zerodha | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account AMC | ₹0 (Free) | ₹300/Year + GST charged quarterly (90 days) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
INDmoney Vs Zerodha - Brokerage charges & Plans
| INDmoney | Zerodha | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | Zero Brokerage |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
INDmoney Vs Zerodha - Other Charges
| INDmoney | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | (₹50 + GST) |
| API Charges | N/A | ₹2000/ Month |
| Call & Trade Charges | ₹50 per position | ₹50/ Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order |
INDmoney Vs Zerodha - Transaction Charges
| INDmoney | Zerodha | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE: 0.002% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.053% on premium value | NSE: 0.053% (on premium) |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | NSE: 0.00345% | BSE: 0.00345% |
INDmoney Vs Zerodha - Margin (Exposure)
| INDmoney | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
INDmoney Vs Zerodha - Features
| INDmoney | Zerodha | |
|---|---|---|
| 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs Zerodha - Review & Rating
| INDmoney | Zerodha | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
INDmoney Vs Zerodha - Request a call back from Broker
| INDmoney | Zerodha | |
|---|---|---|
INDmoney Vs Zerodha - Investment Options
| INDmoney | Zerodha | |
|---|---|---|
| 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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INDmoney Vs Zerodha - Order Type
| INDmoney | Zerodha | |
|---|---|---|
| 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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INDmoney Vs Zerodha - Research & Report
| INDmoney | Zerodha | |
|---|---|---|
| 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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INDmoney Vs Zerodha - Daily Market Report
| INDmoney | Zerodha | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs Zerodha - Suitable For Investor
| INDmoney | Zerodha | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Zerodha - Pros & Cons
| INDmoney | Zerodha | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. |
| Cons | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment |
INDmoney Vs Zerodha - Background
| INDmoney | Zerodha | |
|---|---|---|
INDmoney Vs Zerodha - Compare All Brokers
| INDmoney | Zerodha | |
|---|---|---|
INDmoney Vs Zerodha - STT/CTT
| INDmoney | Zerodha | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Zerodha - Demat transaction charges
| INDmoney | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹13.5 + Gst per scrip (stock) |
INDmoney Vs Zerodha - GST
| INDmoney | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
INDmoney Vs Zerodha - SEBI Charges
| INDmoney | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
INDmoney Vs Zerodha - Account Opening & AMC Charges
INDmoney
Zerodha
Trading Account Opening Charge
₹0 (Free)
₹200
Demat Account Opening Charge
₹0 (Free)
₹200
Demat Account AMC
₹0 (Free)
₹300/Year + GST charged quarterly (90 days)
Trading Account AMC
₹0 (Free)
₹0 (Free)
INDmoney Vs Zerodha
| INDmoney | Zerodha | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
Zerodha Review 2024 |
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Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs Zerodha - Brokerage charges & Plans
| INDmoney | Zerodha | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | Zero Brokerage |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
INDmoney Vs Zerodha - Margin (Exposure)
| INDmoney | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
INDmoney Vs Zerodha - Other Charges
| INDmoney | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | (₹50 + GST) |
| API Charges | N/A | ₹2000/ Month |
| Call & Trade Charges | ₹50 per position | ₹50/ Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order |
INDmoney Vs Zerodha - STT/CTT
| INDmoney | Zerodha | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Zerodha - Demat transaction charges
| INDmoney | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹13.5 + Gst per scrip (stock) |
INDmoney Vs Zerodha - GST
| INDmoney | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
INDmoney Vs Zerodha - SEBI Charges
| INDmoney | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
INDmoney Vs Zerodha - Features
| INDmoney | Zerodha | |
|---|---|---|
| Online Portfolio |
|
|
| 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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