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Quick Comparision (Finwave VS Definedge Securities)

 
 

Finwave Vs Definedge Securities

Finwave
Finwave Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Definedge Securities

Finwave Vs Definedge Securities - Broker Details

Finwave Definedge Securities
Single Margin Facility
Year of Incorporation 2014 2015
Exchanges NSE, BSE, MCX and NCDEX NSE, BSE, MCX and NCDEX.
Branches 25 270
Brokerage ₹20 per order ₹18 per executed order
Broker Type Full Service Broker Discount Broker

Finwave Vs Definedge Securities - Account Opening & AMC Charges

Finwave Definedge Securities
Trading Account Opening Charge ₹0 (Free) ₹180
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC 1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly ₹300
Trading Account AMC 1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly ₹300 AMC

Finwave Vs Definedge Securities - Brokerage charges & Plans

Finwave Definedge Securities
Commodity Futures ₹20 per order 0.03% or ₹18 per executed order whichever is lower
Currency Futures ₹20 per order 0.03% or ₹18 per executed order whichever is lower
Equity Delivery ₹20 per order ₹0 (Free)
Equity Options ₹20 per order ₹18 per executed order
Commodity Options ₹20 per order ₹18 per executed order
Equity Futures ₹20 per order 0.03% or ₹18 per executed order whichever is lower
Currency Options ₹20 per order ₹18 per executed order
Fixed Charges ₹20 per order ₹18 per executed order
Equity Intraday ₹20 per order 0.03% or ₹ 18 per executed order whichever is lower

Finwave Vs Definedge Securities - Other Charges

Finwave Definedge Securities
RMS Square Off Charge ₹20/Order ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹36/- per order
Other Brokerage Charges ₹20 per order ₹18 per executed order
Minimum Brokerage ₹20 per order ₹18 per executed order

Finwave Vs Definedge Securities - Transaction Charges

Finwave Definedge Securities
Currency Options BSE: 0.001% | NSE: 0.035% NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium)
Equity Futures NSE: 0.002% NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side
Equity Intraday BSE: 0.00345% | NSE: 0.00345% NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side)
Equity Options NSE: 0.053% NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium)
Commodity 0.0026% MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%)
Currency Futures NSE: 0.0009% | BSE: 0.00022% NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%)
Equity Delivery BSE: 0.00345% | NSE: 0.00345% NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side)

Finwave Vs Definedge Securities - Margin (Exposure)

Finwave Definedge Securities
Equity Options 1x (100% of NRML 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 NRML margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)
Commodity Futures 1x (100% of NRML 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 NRML margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)

Finwave Vs Definedge Securities - Features

Finwave 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software
SMS Alerts for Trades
Direct Mutual Fund

Finwave Vs Definedge Securities - Review & Rating

Finwave Definedge Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

Finwave Vs Definedge Securities - Request a call back from Broker

Finwave Definedge Securities

Finwave Vs Definedge Securities - Investment Options

Finwave Definedge Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Finwave Vs Definedge Securities - Order Type

Finwave Definedge Securities
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Finwave Vs Definedge Securities - Research & Report

Finwave Definedge Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Finwave Vs Definedge Securities - Daily Market Report

Finwave Definedge Securities
Daily Market Reports & News

Finwave Vs Definedge Securities - Suitable For Investor

Finwave Definedge Securities
Casual Investor
Active Investor
Trader

Finwave Vs Definedge Securities - Pros & Cons

Finwave Definedge Securities
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. 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. 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. 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.

Finwave Vs Definedge Securities - Background

Finwave Definedge Securities

Finwave Vs Definedge Securities - Compare All Brokers

Finwave Definedge Securities

Finwave Vs Definedge Securities - STT/CTT

Finwave Definedge Securities
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell side 0.025% on the sell Side
Equity Options 0.05% on sell side (on Premium) 0.05% on sell Side
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy and 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

Finwave Vs Definedge Securities - Demat transaction charges

Finwave Definedge Securities
Equity Demat Transaction Charges ₹18.5 + GST per scrip ₹0 (Free)

Finwave Vs Definedge Securities - GST

Finwave Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges)

Finwave Vs Definedge Securities - SEBI Charges

Finwave Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Finwave Vs Definedge Securities - Account Opening & AMC Charges

Finwave
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
₹300
Trading Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly
₹300 AMC
 

Finwave Vs Definedge Securities

Finwave Definedge Securities
 

Finwave Account Opening Process and Charges Details

Read more..

Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms

Read more..

 
 

Definedge Securities

Finwave Vs Definedge Securities - Brokerage charges & Plans

Finwave Definedge Securities
Commodity Futures ₹20 per order 0.03% or ₹18 per executed order whichever is lower
Currency Futures ₹20 per order 0.03% or ₹18 per executed order whichever is lower
Equity Delivery ₹20 per order ₹0 (Free)
Equity Options ₹20 per order ₹18 per executed order
Commodity Options ₹20 per order ₹18 per executed order
Equity Futures ₹20 per order 0.03% or ₹18 per executed order whichever is lower
Currency Options ₹20 per order ₹18 per executed order
Fixed Charges ₹20 per order ₹18 per executed order
Equity Intraday ₹20 per order 0.03% or ₹ 18 per executed order whichever is lower

Finwave Vs Definedge Securities - Margin (Exposure)

Finwave Definedge Securities
Equity Options 1x (100% of NRML 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 NRML margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)
Commodity Futures 1x (100% of NRML 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 NRML margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure)) 1x (100% of Normal margin (Span + Exposure)

Finwave Vs Definedge Securities - Other Charges

Finwave Definedge Securities
RMS Square Off Charge ₹20/Order ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹36/- per order
Other Brokerage Charges ₹20 per order ₹18 per executed order
Minimum Brokerage ₹20 per order ₹18 per executed order

Finwave Vs Definedge Securities - STT/CTT

Finwave Definedge Securities
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell side 0.025% on the sell Side
Equity Options 0.05% on sell side (on Premium) 0.05% on sell Side
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy and 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

Finwave Vs Definedge Securities - Demat transaction charges

Finwave Definedge Securities
Equity Demat Transaction Charges ₹18.5 + GST per scrip ₹0 (Free)

Finwave Vs Definedge Securities - GST

Finwave Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges)

Finwave Vs Definedge Securities - SEBI Charges

Finwave Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Finwave Vs Definedge Securities - Features

Finwave 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software
SMS Alerts for Trades
Direct Mutual Fund

Finwave

Definedge Securities