Indira Securities Vs Zerodha
Indira Securities
Indira Securities Review gives an overall view and updates about the Indira Securities Brokerage Charges, Indira Securities Margin, Indira Securities Trading Software 2024, Indira Securities Demat Account Charges and it also gives overview on Indira Securities NRI Account, Indira Securities Branches, Indira Securities Customer Complaints, Indira Securities Advantages and Disadvantages
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Indira Securities Vs Zerodha - Broker Details
| Indira Securities | Zerodha | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1996 | 2010 |
| Exchanges | NSE, BSE, MCX. | NSE, BSE, MCX and NCDEX |
| Branches | 70+ | 120+ |
| Brokerage | ₹20/ Order or 0.01% (whichever is lower) | ₹20/ Order or 0.03% |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Indira Securities Vs Zerodha - Account Opening & AMC Charges
| Indira Securities | Zerodha | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account AMC | ₹450 (2nd year onwards) | ₹300/Year + GST charged quarterly (90 days) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Indira Securities Vs Zerodha - Brokerage charges & Plans
| Indira Securities | Zerodha | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.01% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/ Order or 0.01% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹20/ Order or 0.10% (whichever is lower) | Zero Brokerage |
| Equity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹20/ Order |
| Commodity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | ₹20/ Order or 0.01% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/ Order or ₹25/ Lot (both side) | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹20/ Order or 0.01% (whichever is lower) | ₹20/Order |
| Equity Intraday | ₹20/ Order or 0.01% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Indira Securities Vs Zerodha - Other Charges
| Indira Securities | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹2000/ Month |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.01% (whichever is lower) | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Indira Securities Vs Zerodha - Transaction Charges
| Indira Securities | Zerodha | |
|---|---|---|
| Currency Options | NSE ₹500/Cr (0.005%) (on premium) | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% |
| Equity Futures | NSE: ₹200/Cr (0.0019%) | NSE: 0.002% |
| Equity Intraday | NSE: ₹345/Cr (0.00325%) | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE ₹5000/Cr (0.05%) (on premium) | NSE: 0.053% (on premium) |
| Commodity | Non-Agri: ₹260/Cr (0.0026%) | Agri: ₹600/Cr (0.006%) | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% |
| Currency Futures | NSE ₹120/Cr (0.0012%) | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% |
| Equity Delivery | NSE: ₹345/Cr (0.00325%) | NSE: 0.00345% | BSE: 0.00345% |
| Call Back Open Account |
Indira Securities Vs Zerodha - Margin (Exposure)
| Indira Securities | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(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 margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account |
Indira Securities Vs Zerodha - Features
| Indira Securities | Zerodha | |
|---|---|---|
| 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 | Commodities: 11:20 PM | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1.Trade Insta - (Mobile App) 2. Indira Trade - (Web) 3. Indira Trader Terminal- (Desktop Software) 4.MF Planet( Mutual fund) | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Indira Securities Vs Zerodha - Review & Rating
| Indira Securities | Zerodha | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Indira Securities Vs Zerodha - Request a call back from Broker
| Indira Securities | Zerodha | |
|---|---|---|
| Call Back Open Account |
Indira Securities Vs Zerodha - Investment Options
| Indira Securities | Zerodha | |
|---|---|---|
| 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 |
Indira Securities Vs Zerodha - Order Type
| Indira Securities | Zerodha | |
|---|---|---|
| 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 |
Indira Securities Vs Zerodha - Research & Report
| Indira Securities | Zerodha | |
|---|---|---|
| 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 |
Indira Securities Vs Zerodha - Daily Market Report
| Indira Securities | Zerodha | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Indira Securities Vs Zerodha - Suitable For Investor
| Indira Securities | Zerodha | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Indira Securities Vs Zerodha - Pros & Cons
| Indira Securities | Zerodha | |
|---|---|---|
| Pros | 1.Full-service broker offering discount brokerage plan. 2.Offers ODIN as trading platform. 3.No charges for Call & Trade and Auto Square-off. 4.Relationship manager even for online customers | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. |
| Cons | 1.Doesn't offer NRI trading account. 2. It does not provide 3 in 1 account. 3.It does not offer monthly unlimited trading plans. | 1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment |
| Call Back Open Account |
Indira Securities Vs Zerodha - Background
| Indira Securities | Zerodha | |
|---|---|---|
| Call Back Open Account |
Indira Securities Vs Zerodha - Compare All Brokers
| Indira Securities | Zerodha | |
|---|---|---|
| Call Back Open Account |
Indira Securities Vs Zerodha - STT/CTT
| Indira Securities | Zerodha | |
|---|---|---|
| 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 (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & 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 |
Indira Securities Vs Zerodha - Demat transaction charges
| Indira Securities | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13 + GST per scrip only on sell | ₹13.5 + Gst per scrip (stock) |
| Call Back Open Account |
Indira Securities Vs Zerodha - GST
| Indira Securities | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
| Call Back Open Account |
Indira Securities Vs Zerodha - SEBI Charges
| Indira Securities | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
| Call Back Open Account |
Indira Securities Vs Zerodha - Account Opening & AMC Charges
Indira Securities
Zerodha
Trading Account Opening Charge
₹0 (Free)
₹200
Demat Account Opening Charge
₹0 (Free)
₹200
Demat Account AMC
₹450 (2nd year onwards)
₹300/Year + GST charged quarterly (90 days)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Indira Securities Vs Zerodha
| Indira Securities | Zerodha | |
|---|---|---|
Indira Securities Review | Brokerage Charges, Account Opening‘Gateway to Prosperity’ is the tagline of the Indira Securities Private Limited which was incorporated on 1987 as a financial service provider. Indira Securities believes that investing is an art which requires a clear vision and balanced approach. The company’s principle is to provide hassle-free and transparent platform through which a .. + " Vs "+ Zerodha |
Zerodha Review 2024Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Read more.. |
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Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Indira Securities Vs Zerodha - Brokerage charges & Plans
| Indira Securities | Zerodha | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.01% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/ Order or 0.01% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹20/ Order or 0.10% (whichever is lower) | Zero Brokerage |
| Equity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹20/ Order |
| Commodity Options | ₹20/ Order or ₹25/ Lot (both side) | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | ₹20/ Order or 0.01% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/ Order or ₹25/ Lot (both side) | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹20/ Order or 0.01% (whichever is lower) | ₹20/Order |
| Equity Intraday | ₹20/ Order or 0.01% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Indira Securities Vs Zerodha - Margin (Exposure)
| Indira Securities | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(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 margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account |
Indira Securities Vs Zerodha - Other Charges
| Indira Securities | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹2000/ Month |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.01% (whichever is lower) | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Indira Securities Vs Zerodha - STT/CTT
| Indira Securities | Zerodha | |
|---|---|---|
| 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 (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & 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 |
Indira Securities Vs Zerodha - Demat transaction charges
| Indira Securities | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13 + GST per scrip only on sell | ₹13.5 + Gst per scrip (stock) |
Indira Securities Vs Zerodha - GST
| Indira Securities | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
Indira Securities Vs Zerodha - SEBI Charges
| Indira Securities | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Indira Securities Vs Zerodha - Features
| Indira Securities | Zerodha | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1.Trade Insta - (Mobile App) 2. Indira Trade - (Web) 3. Indira Trader Terminal- (Desktop Software) 4.MF Planet( Mutual fund) | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |