Maitra Vs Flattrade
Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Maitra Vs Flattrade - Broker Details
| Maitra | Flattrade | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2012 | 2004 |
| Exchanges | NSE, BSE and MCX | BSE, NSE and MCX |
| Branches | N/A | 6 |
| Brokerage | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Maitra Vs Flattrade - Account Opening & AMC Charges
| Maitra | Flattrade | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 + GST |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 + 18% GST | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Maitra Vs Flattrade - Brokerage charges & Plans
| Maitra | Flattrade | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Currency Futures | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Equity Delivery | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Commodity Options | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Equity Futures | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Fixed Charges | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Equity Intraday | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Call Back Open Account |
Maitra Vs Flattrade - Other Charges
| Maitra | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Call Back Open Account |
Maitra Vs Flattrade - Transaction Charges
| Maitra | Flattrade | |
|---|---|---|
| Currency Options | 0.053% | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | 0.0019% | 0.0020% |
| Equity Intraday | 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 | 0.05% | 0.053% (on premium) |
| Commodity | 0.0026% | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | 0.0026% | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | 0.00325% | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Call Back Open Account |
Maitra Vs Flattrade - Margin (Exposure)
| Maitra | 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) |
| Call Back Open Account |
Maitra Vs Flattrade - Features
| Maitra | Flattrade | |
|---|---|---|
| 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 | 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |
Maitra Vs Flattrade - Review & Rating
| Maitra | Flattrade | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Maitra Vs Flattrade - Request a call back from Broker
| Maitra | Flattrade | |
|---|---|---|
| Call Back Open Account |
Maitra Vs Flattrade - Investment Options
| Maitra | Flattrade | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account |
Maitra Vs Flattrade - Order Type
| Maitra | Flattrade | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
| Call Back Open Account |
Maitra Vs Flattrade - Research & Report
| Maitra | Flattrade | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account |
Maitra Vs Flattrade - Daily Market Report
| Maitra | Flattrade | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account |
Maitra Vs Flattrade - Suitable For Investor
| Maitra | Flattrade | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account |
Maitra Vs Flattrade - Pros & Cons
| Maitra | Flattrade | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra 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 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. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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. |
| Call Back Open Account |
Maitra Vs Flattrade - Background
| Maitra | Flattrade | |
|---|---|---|
| Call Back Open Account |
Maitra Vs Flattrade - Compare All Brokers
| Maitra | Flattrade | |
|---|---|---|
| Call Back Open Account |
Maitra Vs Flattrade - STT/CTT
| Maitra | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on Sale side |
| Equity Options | 0.05% | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% Buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Maitra Vs Flattrade - Demat transaction charges
| Maitra | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹20 + GST per scrip only on sell |
| Call Back Open Account |
Maitra Vs Flattrade - GST
| Maitra | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
Maitra Vs Flattrade - SEBI Charges
| Maitra | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Maitra Vs Flattrade - Account Opening & AMC Charges
Maitra
Flattrade
Trading Account Opening Charge
₹0 (Free)
₹200 + GST
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 + 18% GST
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Maitra Vs Flattrade
| Maitra | Flattrade | |
|---|---|---|
Maitra Account Opening Process, Charges, and Required Documents 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 .. |
|
|
|
|
|
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.
Maitra Vs Flattrade - Brokerage charges & Plans
| Maitra | Flattrade | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Currency Futures | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Equity Delivery | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Commodity Options | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Equity Futures | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Fixed Charges | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Equity Intraday | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Call Back Open Account |
Maitra Vs Flattrade - Margin (Exposure)
| Maitra | 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) |
| Call Back Open Account |
Maitra Vs Flattrade - Other Charges
| Maitra | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
Maitra Vs Flattrade - STT/CTT
| Maitra | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on Sale side |
| Equity Options | 0.05% | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% Buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Maitra Vs Flattrade - Demat transaction charges
| Maitra | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹20 + GST per scrip only on sell |
Maitra Vs Flattrade - GST
| Maitra | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
Maitra Vs Flattrade - SEBI Charges
| Maitra | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maitra Vs Flattrade - Features
| Maitra | Flattrade | |
|---|---|---|
| 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 | 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |