Flattrade Vs Sernet Financial
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.
Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Flattrade Vs Sernet Financial - Broker Details
| Flattrade | Sernet Financial | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2004 | 2004 |
| Exchanges | BSE, NSE and MCX | NSE, BSE and MCX |
| Branches | 6 | NA |
| Brokerage | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Flattrade Vs Sernet Financial - Account Opening & AMC Charges
| Flattrade | Sernet Financial | |
|---|---|---|
| Trading Account Opening Charge | ₹200 + GST | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee |
| Demat Account Opening Charge | ₹0 (Free) | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee |
| Demat Account AMC | ₹0 (Free) | PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) |
| Trading Account AMC | ₹0 (Free) | PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) |
| Call Back Open Account |
Flattrade Vs Sernet Financial - Brokerage charges & Plans
| Flattrade | Sernet Financial | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Futures | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Delivery | ₹0 (Free) | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% |
| Equity Options | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Commodity Options | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Futures | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Options | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Fixed Charges | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Intraday | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Call Back Open Account |
Flattrade Vs Sernet Financial - Other Charges
| Flattrade | Sernet Financial | |
|---|---|---|
| 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 | ₹20 per Order |
| Other Brokerage Charges | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Minimum Brokerage | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Call Back Open Account |
Flattrade Vs Sernet Financial - Transaction Charges
| Flattrade | Sernet Financial | |
|---|---|---|
| Currency Options | NSE : 0.035% | BSE : 0.001% | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% |
| Equity Futures | 0.0020% | NSE: 0.0019% |
| 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: 0.00325% | BSE: 0.00325% |
| Equity Options | 0.053% (on premium) | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) |
| Commodity | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% | Exchange txn charge: 0.05% |
| Currency Futures | NSE : 0.0009% | BSE : 0.00022% | NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% |
| 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: 0.00325% | BSE: 0.00325% |
| Call Back Open Account |
Flattrade Vs Sernet Financial - Margin (Exposure)
| Flattrade | Sernet Financial | |
|---|---|---|
| Equity Options | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Flattrade Vs Sernet Financial - Features
| Flattrade | Sernet Financial | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Flattrade - (Share Trading App), Web Trading | 1. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Flattrade Vs Sernet Financial - Review & Rating
| Flattrade | Sernet Financial | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Flattrade Vs Sernet Financial - Request a call back from Broker
| Flattrade | Sernet Financial | |
|---|---|---|
| Call Back Open Account |
Flattrade Vs Sernet Financial - Investment Options
| Flattrade | Sernet Financial | |
|---|---|---|
| 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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| Call Back Open Account |
Flattrade Vs Sernet Financial - Order Type
| Flattrade | Sernet Financial | |
|---|---|---|
| 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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| Call Back Open Account |
Flattrade Vs Sernet Financial - Research & Report
| Flattrade | Sernet Financial | |
|---|---|---|
| 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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| Call Back Open Account |
Flattrade Vs Sernet Financial - Daily Market Report
| Flattrade | Sernet Financial | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Flattrade Vs Sernet Financial - Suitable For Investor
| Flattrade | Sernet Financial | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Flattrade Vs Sernet Financial - Pros & Cons
| Flattrade | Sernet Financial | |
|---|---|---|
| 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. Known for their reliability and integrity in managing clients' assets. 4. Offer competitive interest rates and fees for their services. 5. Prioritize client satisfaction and long-term financial well-being. |
| 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. Limited Global Investment Options 2. Limited Advanced Trading Features 3. Sernet Financial may not have a widespread branch network, which could be inconvenient for clients who prefer in-person banking. 4. Depending on their size and resources, customer support quality and availability may vary. |
| Call Back Open Account |
Flattrade Vs Sernet Financial - Background
| Flattrade | Sernet Financial | |
|---|---|---|
| Call Back Open Account |
Flattrade Vs Sernet Financial - Compare All Brokers
| Flattrade | Sernet Financial | |
|---|---|---|
| Call Back Open Account |
Flattrade Vs Sernet Financial - STT/CTT
| Flattrade | Sernet Financial | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.1% on buy & sell |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Flattrade Vs Sernet Financial - Demat transaction charges
| Flattrade | Sernet Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹15 + GST per scrip |
| Call Back Open Account |
Flattrade Vs Sernet Financial - GST
| Flattrade | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Flattrade Vs Sernet Financial - SEBI Charges
| Flattrade | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Flattrade Vs Sernet Financial - Account Opening & AMC Charges
Flattrade
Sernet Financial
Trading Account Opening Charge
₹200 + GST
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
Demat Account Opening Charge
₹0 (Free)
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
Demat Account AMC
₹0 (Free)
PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
Trading Account AMC
₹0 (Free)
PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
Flattrade Vs Sernet Financial
| Flattrade | Sernet Financial | |
|---|---|---|
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 "+ Sernet Financial |
Sernet Financial Account Opening Process and Charges Details |
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Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Flattrade Vs Sernet Financial - Brokerage charges & Plans
| Flattrade | Sernet Financial | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Futures | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Delivery | ₹0 (Free) | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% |
| Equity Options | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Commodity Options | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Futures | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Options | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Fixed Charges | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Intraday | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Call Back Open Account |
Flattrade Vs Sernet Financial - Margin (Exposure)
| Flattrade | Sernet Financial | |
|---|---|---|
| Equity Options | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Flattrade Vs Sernet Financial - Other Charges
| Flattrade | Sernet Financial | |
|---|---|---|
| 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 | ₹20 per Order |
| Other Brokerage Charges | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Minimum Brokerage | ₹0 (Free) | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Call Back Open Account |
Flattrade Vs Sernet Financial - STT/CTT
| Flattrade | Sernet Financial | |
|---|---|---|
| Commodity Futures | 0.01% on sell side | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sale side | 0.1% on buy & sell |
| Equity Options | 0.05% on sell side (on premium) | Option Excised 0.125% | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% Buy & Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Flattrade Vs Sernet Financial - Demat transaction charges
| Flattrade | Sernet Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | ₹15 + GST per scrip |
| Call Back Open Account |
Flattrade Vs Sernet Financial - GST
| Flattrade | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Flattrade Vs Sernet Financial - SEBI Charges
| Flattrade | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Flattrade Vs Sernet Financial - Features
| Flattrade | Sernet Financial | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Flattrade - (Share Trading App), Web Trading | 1. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
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| Call Back Open Account |