DPTradeKing Vs Definedge Securities
DPTradeKing
DPTradeking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Zebu Trade also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Definedge Securities
DPTradeKing Vs Definedge Securities - Broker Details
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2015 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX. |
| Branches | N/A | 270 |
| Brokerage | 0.05% per order | ₹18 per executed order |
| Broker Type | Full Service Broker | Discount Broker |
DPTradeKing Vs Definedge Securities - Account Opening & AMC Charges
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
DPTradeKing Vs Definedge Securities - Brokerage charges & Plans
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | 0.05% per order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | 0.50% per order | ₹0 (Free) |
| Equity Options | ₹50 per lot | ₹18 per executed order |
| Commodity Options | N/A | ₹18 per executed order |
| Equity Futures | 0.05% per order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹50 per lot | ₹18 per executed order |
| Fixed Charges | 0.05% per order | ₹18 per executed order |
| Equity Intraday | 0.05% per order | 0.03% or ₹ 18 per executed order whichever is lower |
DPTradeKing Vs Definedge Securities - Other Charges
| DPTradeKing | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ( ₹25 + GST) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ( ₹25 + GST) | ₹36/- per order |
| Other Brokerage Charges | 0.05% per order | ₹18 per executed order |
| Minimum Brokerage | 0.05% per order | ₹18 per executed order |
DPTradeKing Vs Definedge Securities - Transaction Charges
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Currency Options | 0.035% of Premium Value in case of Option Segment | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | 0.00345% Of Total Turnover value | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | N/A | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | 0.00090% of Total Future Turnover value | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
DPTradeKing Vs Definedge Securities - Margin (Exposure)
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
DPTradeKing Vs Definedge Securities - Features
| DPTradeKing | Definedge Securities | |
|---|---|---|
| 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:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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DPTradeKing Vs Definedge Securities - Review & Rating
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
DPTradeKing Vs Definedge Securities - Request a call back from Broker
| DPTradeKing | Definedge Securities | |
|---|---|---|
DPTradeKing Vs Definedge Securities - Investment Options
| DPTradeKing | Definedge Securities | |
|---|---|---|
| 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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DPTradeKing Vs Definedge Securities - Order Type
| DPTradeKing | Definedge Securities | |
|---|---|---|
| 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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DPTradeKing Vs Definedge Securities - Research & Report
| DPTradeKing | Definedge Securities | |
|---|---|---|
| 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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DPTradeKing Vs Definedge Securities - Daily Market Report
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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DPTradeKing Vs Definedge Securities - Suitable For Investor
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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DPTradeKing Vs Definedge Securities - Pros & Cons
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Pros | 1.Benefits of using DP TradeKing 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4.Positive aspects of DP TradeKing 5. Availability of multiple indicators to monitor market. | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| Cons | 1.Downsides of using DP TradeKing 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. | 1. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
DPTradeKing Vs Definedge Securities - Background
| DPTradeKing | Definedge Securities | |
|---|---|---|
DPTradeKing Vs Definedge Securities - Compare All Brokers
| DPTradeKing | Definedge Securities | |
|---|---|---|
DPTradeKing Vs Definedge Securities - STT/CTT
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (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 | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
DPTradeKing Vs Definedge Securities - Demat transaction charges
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) | ₹0 (Free) |
DPTradeKing Vs Definedge Securities - GST
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% (on brokerage + transaction charges) |
DPTradeKing Vs Definedge Securities - SEBI Charges
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
DPTradeKing Vs Definedge Securities - Account Opening & AMC Charges
DPTradeKing
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
DPTradeKing Vs Definedge Securities
| DPTradeKing | Definedge Securities | |
|---|---|---|
DPTradeKing Account Opening Process and Charges Details |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
DPTradeKing Vs Definedge Securities - Brokerage charges & Plans
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | 0.05% per order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | 0.50% per order | ₹0 (Free) |
| Equity Options | ₹50 per lot | ₹18 per executed order |
| Commodity Options | N/A | ₹18 per executed order |
| Equity Futures | 0.05% per order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹50 per lot | ₹18 per executed order |
| Fixed Charges | 0.05% per order | ₹18 per executed order |
| Equity Intraday | 0.05% per order | 0.03% or ₹ 18 per executed order whichever is lower |
DPTradeKing Vs Definedge Securities - Margin (Exposure)
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
DPTradeKing Vs Definedge Securities - Other Charges
| DPTradeKing | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ( ₹25 + GST) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ( ₹25 + GST) | ₹36/- per order |
| Other Brokerage Charges | 0.05% per order | ₹18 per executed order |
| Minimum Brokerage | 0.05% per order | ₹18 per executed order |
DPTradeKing Vs Definedge Securities - STT/CTT
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (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 | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
DPTradeKing Vs Definedge Securities - Demat transaction charges
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) | ₹0 (Free) |
DPTradeKing Vs Definedge Securities - GST
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% (on brokerage + transaction charges) |
DPTradeKing Vs Definedge Securities - SEBI Charges
| DPTradeKing | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
DPTradeKing Vs Definedge Securities - Features
| DPTradeKing | Definedge Securities | |
|---|---|---|
| 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:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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