Flattrade Vs Definedge Securities
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.
Definedge Securities
Flattrade Vs Definedge Securities - Broker Details
| Flattrade | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2004 | 2015 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX. |
| Branches | 6 | 270 |
| Brokerage | ₹0 (Free) | ₹18 per executed order |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
Flattrade Vs Definedge Securities - Account Opening & AMC Charges
| Flattrade | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹200 + GST | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
| Call Back Open Account |
Flattrade Vs Definedge Securities - Brokerage charges & Plans
| Flattrade | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹0 (Free) | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹0 (Free) | ₹0 (Free) |
| Equity Options | ₹0 (Free) | ₹18 per executed order |
| Commodity Options | ₹0 (Free) | ₹18 per executed order |
| Equity Futures | ₹0 (Free) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹0 (Free) | ₹18 per executed order |
| Fixed Charges | ₹0 (Free) | ₹18 per executed order |
| Equity Intraday | ₹0 (Free) | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Flattrade Vs Definedge Securities - Other Charges
| Flattrade | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹36/- per order |
| Other Brokerage Charges | ₹0 (Free) | ₹18 per executed order |
| Minimum Brokerage | ₹0 (Free) | ₹18 per executed order |
| Call Back Open Account |
Flattrade Vs Definedge Securities - Transaction Charges
| Flattrade | Definedge Securities | |
|---|---|---|
| Currency Options | NSE : 0.035% | BSE : 0.001% | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | 0.0020% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | 0.053% (on premium) | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% | 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 | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
| Call Back Open Account |
Flattrade Vs Definedge Securities - Margin (Exposure)
| Flattrade | 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) |
| Call Back Open Account |
Flattrade Vs Definedge Securities - Features
| Flattrade | 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 | Commodity:-11:30 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Flattrade - (Share Trading App), Web Trading | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |
Flattrade Vs Definedge Securities - Review & Rating
| Flattrade | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Flattrade Vs Definedge Securities - Request a call back from Broker
| Flattrade | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Flattrade Vs Definedge Securities - Investment Options
| Flattrade | Definedge Securities | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account |
Flattrade Vs Definedge Securities - Order Type
| Flattrade | 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 |
|
|
| Call Back Open Account |
Flattrade Vs Definedge Securities - Research & Report
| Flattrade | Definedge Securities | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account |
Flattrade Vs Definedge Securities - Daily Market Report
| Flattrade | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account |
Flattrade Vs Definedge Securities - Suitable For Investor
| Flattrade | Definedge Securities | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account |
Flattrade Vs Definedge Securities - Pros & Cons
| Flattrade | Definedge Securities | |
|---|---|---|
| Pros | 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 | 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. 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. | 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. |
| Call Back Open Account |
Flattrade Vs Definedge Securities - Background
| Flattrade | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Flattrade Vs Definedge Securities - Compare All Brokers
| Flattrade | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
Flattrade Vs Definedge Securities - STT/CTT
| Flattrade | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% on the sell Side |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% 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 |
| Call Back Open Account |
Flattrade Vs Definedge Securities - Demat transaction charges
| Flattrade | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹0 (Free) |
| Call Back Open Account |
Flattrade Vs Definedge Securities - GST
| Flattrade | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Flattrade Vs Definedge Securities - SEBI Charges
| Flattrade | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Flattrade Vs Definedge Securities - Account Opening & AMC Charges
Flattrade
Definedge Securities
Trading Account Opening Charge
₹200 + GST
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Flattrade Vs Definedge Securities
| Flattrade | Definedge Securities | |
|---|---|---|
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 .. + " Vs "+ Definedge Securities |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
|
|
|
|
|
Definedge Securities
Flattrade Vs Definedge Securities - Brokerage charges & Plans
| Flattrade | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹0 (Free) | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹0 (Free) | ₹0 (Free) |
| Equity Options | ₹0 (Free) | ₹18 per executed order |
| Commodity Options | ₹0 (Free) | ₹18 per executed order |
| Equity Futures | ₹0 (Free) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹0 (Free) | ₹18 per executed order |
| Fixed Charges | ₹0 (Free) | ₹18 per executed order |
| Equity Intraday | ₹0 (Free) | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Flattrade Vs Definedge Securities - Margin (Exposure)
| Flattrade | 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) |
| Call Back Open Account |
Flattrade Vs Definedge Securities - Other Charges
| Flattrade | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST | ₹36/- per order |
| Other Brokerage Charges | ₹0 (Free) | ₹18 per executed order |
| Minimum Brokerage | ₹0 (Free) | ₹18 per executed order |
| Call Back Open Account |
Flattrade Vs Definedge Securities - STT/CTT
| Flattrade | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.025% on the sell Side |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% 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 |
| Call Back Open Account |
Flattrade Vs Definedge Securities - Demat transaction charges
| Flattrade | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹0 (Free) |
| Call Back Open Account |
Flattrade Vs Definedge Securities - GST
| Flattrade | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
Flattrade Vs Definedge Securities - SEBI Charges
| Flattrade | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Flattrade Vs Definedge Securities - Features
| Flattrade | 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 | Commodity:-11:30 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Flattrade - (Share Trading App), Web Trading | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |