Adroit Financial Vs INDmoney
Adroit Financial
Adroit Financial Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Adroit Financial Vs INDmoney - Broker Details
| Adroit Financial | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1994 | 2019 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | 4 | 966 |
| Brokerage | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.05% or up to ₹20/Per Order |
| Broker Type | Full Service Broker | Discount Broker |
Adroit Financial Vs INDmoney - Account Opening & AMC Charges
| Adroit Financial | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 per Year | ₹1000 for Lifetime | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Adroit Financial Vs INDmoney - Brokerage charges & Plans
| Adroit Financial | INDmoney | |
|---|---|---|
| Commodity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | N/A |
| Currency Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.05% or up to ₹20/Per Order |
| Equity Delivery | Online Account - 0.30% per order | Offline Account - 0.40% per order | 0.05% or up to ₹20/Per Order |
| Equity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | N/A |
| Equity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.05% or up to ₹20/Per Order |
| Currency Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.05% or up to ₹20/Per Order |
Adroit Financial Vs INDmoney - Other Charges
| Adroit Financial | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20/Order | ₹50 per position |
| Other Brokerage Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.05% or up to ₹20/Per Order |
Adroit Financial Vs INDmoney - Transaction Charges
| Adroit Financial | INDmoney | |
|---|---|---|
| Currency Options | NSE ₹4400/Cr (0.044%) (on premium) | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE ₹210/Cr (0.0021%) | BSE ₹1/ trade (each side) | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE ₹5300/Cr (0.053%) | BSE ₹1/trade (each side) | NSE: 0.053% on premium value |
| Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | 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 |
| Currency Futures | NSE ₹135/Cr (0.00135%) | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) | NSE - 0.00325% | BSE- 0.00375% |
Adroit Financial Vs INDmoney - Margin (Exposure)
| Adroit Financial | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Adroit Financial Vs INDmoney - Features
| Adroit Financial | INDmoney | |
|---|---|---|
| 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 & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN Software | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Adroit Financial Vs INDmoney - Review & Rating
| Adroit Financial | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Adroit Financial Vs INDmoney - Request a call back from Broker
| Adroit Financial | INDmoney | |
|---|---|---|
Adroit Financial Vs INDmoney - Investment Options
| Adroit Financial | INDmoney | |
|---|---|---|
| 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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Adroit Financial Vs INDmoney - Order Type
| Adroit Financial | INDmoney | |
|---|---|---|
| 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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Adroit Financial Vs INDmoney - Research & Report
| Adroit Financial | INDmoney | |
|---|---|---|
| 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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Adroit Financial Vs INDmoney - Daily Market Report
| Adroit Financial | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Adroit Financial Vs INDmoney - Suitable For Investor
| Adroit Financial | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Adroit Financial Vs INDmoney - Pros & Cons
| Adroit Financial | INDmoney | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm. 2. Analyzes user data for better financial decision-making. 3.Excellent customer service and support,3. Investment opportunities in group of stocks through Thematic Investing. 4. Wide range of investment options 5. It provides free access of regular markets to its customers. | 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. |
| Cons | 1. Market volatility and potential investment risks, 2. Different fintech platforms may not seamlessly work together, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Different fintech platforms may not seamlessly work together., 6. Potential for high trading fees and expenses. | 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. |
Adroit Financial Vs INDmoney - Background
| Adroit Financial | INDmoney | |
|---|---|---|
Adroit Financial Vs INDmoney - Compare All Brokers
| Adroit Financial | INDmoney | |
|---|---|---|
Adroit Financial Vs INDmoney - STT/CTT
| Adroit Financial | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Adroit Financial Vs INDmoney - Demat transaction charges
| Adroit Financial | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹250/ per certificate |
Adroit Financial Vs INDmoney - GST
| Adroit Financial | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Adroit Financial Vs INDmoney - SEBI Charges
| Adroit Financial | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Adroit Financial Vs INDmoney - Account Opening & AMC Charges
Adroit Financial
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 per Year | ₹1000 for Lifetime
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Adroit Financial Vs INDmoney
| Adroit Financial | INDmoney | |
|---|---|---|
Adroit Financial Account Opening Process and Charges |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Adroit Financial Vs INDmoney - Brokerage charges & Plans
| Adroit Financial | INDmoney | |
|---|---|---|
| Commodity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | N/A |
| Currency Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.05% or up to ₹20/Per Order |
| Equity Delivery | Online Account - 0.30% per order | Offline Account - 0.40% per order | 0.05% or up to ₹20/Per Order |
| Equity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | N/A |
| Equity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.05% or up to ₹20/Per Order |
| Currency Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.05% or up to ₹20/Per Order |
Adroit Financial Vs INDmoney - Margin (Exposure)
| Adroit Financial | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Adroit Financial Vs INDmoney - Other Charges
| Adroit Financial | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20/Order | ₹50 per position |
| Other Brokerage Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | Online Account - 0.03% per order | Offline Account - 0.04% per order | 0.05% or up to ₹20/Per Order |
Adroit Financial Vs INDmoney - STT/CTT
| Adroit Financial | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Adroit Financial Vs INDmoney - Demat transaction charges
| Adroit Financial | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹250/ per certificate |
Adroit Financial Vs INDmoney - GST
| Adroit Financial | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Adroit Financial Vs INDmoney - SEBI Charges
| Adroit Financial | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Adroit Financial Vs INDmoney - Features
| Adroit Financial | INDmoney | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN Software | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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