INDmoney Vs CIL Securities
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
CIL Securities
CIL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs CIL Securities - Broker Details
| INDmoney | CIL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 1989 |
| Exchanges | NSE, BSE and MCX | NSE, BSE and MCX |
| Branches | 966 | N/A |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹20 per order |
| Broker Type | Discount Broker | Full Service Broker |
INDmoney Vs CIL Securities - Account Opening & AMC Charges
| INDmoney | CIL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹400 from 2nd Year ( 1st Year Free) |
| Trading Account AMC | ₹0 (Free) | ₹1000 from 2nd Year ( 1st Year Free) |
INDmoney Vs CIL Securities - Brokerage charges & Plans
| INDmoney | CIL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20 per order |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20 per order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹20 per order |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20 per order |
| Commodity Options | N/A | ₹20 per order |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20 per order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20 per order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20 per order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20 per order |
INDmoney Vs CIL Securities - Other Charges
| INDmoney | CIL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹50 per position | ₹0 (Free) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20 per order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20 per order |
INDmoney Vs CIL Securities - Transaction Charges
| INDmoney | CIL Securities | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | 0.057% |
| Equity Futures | NSE: 0.00195% on total turnover value | 0.0032% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | 0.0032% |
| Equity Options | NSE: 0.053% on premium value | 0.00323% |
| Commodity | 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 | N/A |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | 0.00240% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | 0.0032% |
INDmoney Vs CIL Securities - Margin (Exposure)
| INDmoney | CIL 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 (no margin) | 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) |
INDmoney Vs CIL Securities - Features
| INDmoney | CIL Securities | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash: 03:20 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. CIL Securities Aero Web, 2. CIL Securities Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs CIL Securities - Review & Rating
| INDmoney | CIL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs CIL Securities - Request a call back from Broker
| INDmoney | CIL Securities | |
|---|---|---|
INDmoney Vs CIL Securities - Investment Options
| INDmoney | CIL Securities | |
|---|---|---|
| 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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INDmoney Vs CIL Securities - Order Type
| INDmoney | CIL Securities | |
|---|---|---|
| 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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INDmoney Vs CIL Securities - Research & Report
| INDmoney | CIL Securities | |
|---|---|---|
| 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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INDmoney Vs CIL Securities - Daily Market Report
| INDmoney | CIL Securities | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs CIL Securities - Suitable For Investor
| INDmoney | CIL Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs CIL Securities - Pros & Cons
| INDmoney | CIL Securities | |
|---|---|---|
| Pros | 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. | 1. Diverse investment options, 2. Access to professional expertise, 3. Potential for higher returns, 4. Liquidity in some securities, 5. Portfolio diversification, 6. Ability to trade on stock exchanges. |
| Cons | 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. | 1. Market volatility and risk, 2. Lack of guaranteed returns, 3. Limited control over individual securities, 4. Not suitable for short-term goals. |
INDmoney Vs CIL Securities - Background
| INDmoney | CIL Securities | |
|---|---|---|
INDmoney Vs CIL Securities - Compare All Brokers
| INDmoney | CIL Securities | |
|---|---|---|
INDmoney Vs CIL Securities - STT/CTT
| INDmoney | CIL Securities | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs CIL Securities - Demat transaction charges
| INDmoney | CIL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹20 + Gst per scrip only on sell |
INDmoney Vs CIL Securities - GST
| INDmoney | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs CIL Securities - SEBI Charges
| INDmoney | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs CIL Securities - Account Opening & AMC Charges
INDmoney
CIL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹400 from 2nd Year ( 1st Year Free)
Trading Account AMC
₹0 (Free)
₹1000 from 2nd Year ( 1st Year Free)
INDmoney Vs CIL Securities
| INDmoney | CIL Securities | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
CIL Securities Account Opening Charges and Required Documents Details |
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CIL Securities
CIL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs CIL Securities - Brokerage charges & Plans
| INDmoney | CIL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20 per order |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20 per order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹20 per order |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20 per order |
| Commodity Options | N/A | ₹20 per order |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20 per order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20 per order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20 per order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20 per order |
INDmoney Vs CIL Securities - Margin (Exposure)
| INDmoney | CIL 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 (no margin) | 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) |
INDmoney Vs CIL Securities - Other Charges
| INDmoney | CIL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹50 per position | ₹0 (Free) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20 per order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20 per order |
INDmoney Vs CIL Securities - STT/CTT
| INDmoney | CIL Securities | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs CIL Securities - Demat transaction charges
| INDmoney | CIL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹20 + Gst per scrip only on sell |
INDmoney Vs CIL Securities - GST
| INDmoney | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs CIL Securities - SEBI Charges
| INDmoney | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs CIL Securities - Features
| INDmoney | CIL 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash: 03:20 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. CIL Securities Aero Web, 2. CIL Securities Mobile App |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
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