FundsIndia Vs INDmoney
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
FundsIndia Vs INDmoney - Broker Details
| FundsIndia | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 2019 |
| Exchanges | Sebi | NSE, BSE and MCX |
| Branches | Zero | 966 |
| Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.05% or up to ₹20/Per Order |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
FundsIndia Vs INDmoney - Account Opening & AMC Charges
| FundsIndia | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200 /-(Service Tax) 2nd Year onwards | ₹0 (Free) |
| Trading Account AMC | N/A | ₹0 (Free) |
| Call Back Open Account |
FundsIndia Vs INDmoney - Brokerage charges & Plans
| FundsIndia | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 0.01% | 0.05% or up to ₹20/Per Order |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.05% or up to ₹20/Per Order |
| Commodity Options | N/A | N/A |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.05% or up to ₹20/Per Order |
| Currency Options | N/A | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.05% or up to ₹20/Per Order |
| Call Back Open Account |
FundsIndia Vs INDmoney - Other Charges
| FundsIndia | INDmoney | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | N/A | ₹50 per position |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.05% or up to ₹20/Per Order |
| Call Back Open Account |
FundsIndia Vs INDmoney - Transaction Charges
| FundsIndia | INDmoney | |
|---|---|---|
| Currency Options | N/A | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | 0.0035% on turnover | NSE: 0.00195% on total turnover value |
| Equity Intraday | 0.0035% on turnover | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | 0.0035% on turnover | NSE: 0.053% on premium value |
| Commodity | N/A | 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 | N/A | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | 0.1% on the transaction amount | NSE - 0.00325% | BSE- 0.00375% |
| Call Back Open Account |
FundsIndia Vs INDmoney - Margin (Exposure)
| FundsIndia | INDmoney | |
|---|---|---|
| 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 | N/A | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | N/A | 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 |
FundsIndia Vs INDmoney - Features
| FundsIndia | 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
FundsIndia Vs INDmoney - Review & Rating
| FundsIndia | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
FundsIndia Vs INDmoney - Request a call back from Broker
| FundsIndia | INDmoney | |
|---|---|---|
| Call Back Open Account |
FundsIndia Vs INDmoney - Investment Options
| FundsIndia | 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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| Call Back Open Account |
FundsIndia Vs INDmoney - Order Type
| FundsIndia | 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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| Call Back Open Account |
FundsIndia Vs INDmoney - Research & Report
| FundsIndia | 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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| Call Back Open Account |
FundsIndia Vs INDmoney - Daily Market Report
| FundsIndia | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
FundsIndia Vs INDmoney - Suitable For Investor
| FundsIndia | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
FundsIndia Vs INDmoney - Pros & Cons
| FundsIndia | INDmoney | |
|---|---|---|
| Pros | 1.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. | 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.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. | 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. |
| Call Back Open Account |
FundsIndia Vs INDmoney - Background
| FundsIndia | INDmoney | |
|---|---|---|
| Call Back Open Account |
FundsIndia Vs INDmoney - Compare All Brokers
| FundsIndia | INDmoney | |
|---|---|---|
| Call Back Open Account |
FundsIndia Vs INDmoney - STT/CTT
| FundsIndia | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | 0.01% only on sell side Non-Agri |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | N/A | 0.05% only on sell side |
| Call Back Open Account |
FundsIndia Vs INDmoney - Demat transaction charges
| FundsIndia | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | ₹250/ per certificate |
| Call Back Open Account |
FundsIndia Vs INDmoney - GST
| FundsIndia | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
FundsIndia Vs INDmoney - SEBI Charges
| FundsIndia | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
FundsIndia Vs INDmoney - Account Opening & AMC Charges
FundsIndia
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200 /-(Service Tax) 2nd Year onwards
₹0 (Free)
Trading Account AMC
N/A
₹0 (Free)
FundsIndia Vs INDmoney
| FundsIndia | INDmoney | |
|---|---|---|
FundsIndia Review 2024FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm .. + " Vs "+ INDmoney |
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
FundsIndia Vs INDmoney - Brokerage charges & Plans
| FundsIndia | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 0.01% | 0.05% or up to ₹20/Per Order |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.05% or up to ₹20/Per Order |
| Commodity Options | N/A | N/A |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.05% or up to ₹20/Per Order |
| Currency Options | N/A | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.05% or up to ₹20/Per Order |
| Call Back Open Account |
FundsIndia Vs INDmoney - Margin (Exposure)
| FundsIndia | INDmoney | |
|---|---|---|
| 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 | N/A | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | N/A | 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 |
FundsIndia Vs INDmoney - Other Charges
| FundsIndia | INDmoney | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | N/A | ₹50 per position |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | 0.05% or up to ₹20/Per Order |
| Call Back Open Account |
FundsIndia Vs INDmoney - STT/CTT
| FundsIndia | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | 0.01% only on sell side Non-Agri |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | N/A | 0.05% only on sell side |
| Call Back Open Account |
FundsIndia Vs INDmoney - Demat transaction charges
| FundsIndia | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | ₹250/ per certificate |
| Call Back Open Account |
FundsIndia Vs INDmoney - GST
| FundsIndia | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
FundsIndia Vs INDmoney - SEBI Charges
| FundsIndia | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
FundsIndia Vs INDmoney - Features
| FundsIndia | INDmoney | |
|---|---|---|
| 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |