Eureka Vs INDmoney
Eureka
Eureka 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
Eureka Vs INDmoney - Broker Details
| Eureka | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1992 | 2019 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | 270 | 966 |
| Brokerage | 0.03% | 0.05% or up to ₹20/Per Order |
| Broker Type | Full Service broker | Discount Broker |
Eureka Vs INDmoney - Account Opening & AMC Charges
| Eureka | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year | ₹0 (Free) |
| Trading Account AMC | N/A | ₹0 (Free) |
Eureka Vs INDmoney - Brokerage charges & Plans
| Eureka | INDmoney | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 0.30% | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20 per lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20 per lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 0.03% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.03% | 0.05% or up to ₹20/Per Order |
Eureka Vs INDmoney - Other Charges
| Eureka | 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 | 0.03% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 0.03% | 0.05% or up to ₹20/Per Order |
Eureka Vs INDmoney - Transaction Charges
| Eureka | INDmoney | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE: 0.0019% | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% on premium value |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | 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 | Exchange txn charge: 0.0009% Clearing charge: .00025% | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE - 0.00325% | BSE- 0.00375% |
Eureka Vs INDmoney - Margin (Exposure)
| Eureka | 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) |
Eureka Vs INDmoney - Features
| Eureka | 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based 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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Eureka Vs INDmoney - Review & Rating
| Eureka | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Eureka Vs INDmoney - Request a call back from Broker
| Eureka | INDmoney | |
|---|---|---|
Eureka Vs INDmoney - Investment Options
| Eureka | 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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Eureka Vs INDmoney - Order Type
| Eureka | 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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Eureka Vs INDmoney - Research & Report
| Eureka | 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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Eureka Vs INDmoney - Daily Market Report
| Eureka | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Eureka Vs INDmoney - Suitable For Investor
| Eureka | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Eureka Vs INDmoney - Pros & Cons
| Eureka | INDmoney | |
|---|---|---|
| Pros | 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. | 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. 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. | 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. |
Eureka Vs INDmoney - Background
| Eureka | INDmoney | |
|---|---|---|
Eureka Vs INDmoney - Compare All Brokers
| Eureka | INDmoney | |
|---|---|---|
Eureka Vs INDmoney - STT/CTT
| Eureka | 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 | 0.0625% on sell side (on premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Eureka Vs INDmoney - Demat transaction charges
| Eureka | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5 per certificate. Min ₹75 per request | ₹250/ per certificate |
Eureka Vs INDmoney - GST
| Eureka | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Eureka Vs INDmoney - SEBI Charges
| Eureka | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Eureka Vs INDmoney - Account Opening & AMC Charges
Eureka
INDmoney
Trading Account Opening Charge
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
₹0 (Free)
Demat Account AMC
Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year
₹0 (Free)
Trading Account AMC
N/A
₹0 (Free)
Eureka Vs INDmoney
| Eureka | INDmoney | |
|---|---|---|
Eureka Account Opening Charges, Process, and Required Documents Details |
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
Eureka Vs INDmoney - Brokerage charges & Plans
| Eureka | INDmoney | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 0.30% | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20 per lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20 per lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 0.03% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.03% | 0.05% or up to ₹20/Per Order |
Eureka Vs INDmoney - Margin (Exposure)
| Eureka | 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) |
Eureka Vs INDmoney - Other Charges
| Eureka | 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 | 0.03% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 0.03% | 0.05% or up to ₹20/Per Order |
Eureka Vs INDmoney - STT/CTT
| Eureka | 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 | 0.0625% on sell side (on premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Eureka Vs INDmoney - Demat transaction charges
| Eureka | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5 per certificate. Min ₹75 per request | ₹250/ per certificate |
Eureka Vs INDmoney - GST
| Eureka | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Eureka Vs INDmoney - SEBI Charges
| Eureka | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Eureka Vs INDmoney - Features
| Eureka | 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based 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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