Quick Comparision (INDmoney VS Finwave)

INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Finwave
Finwave Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

	INDmoney	Finwave
Single Margin Facility
Year of Incorporation	2019	2014
Exchanges	NSE, BSE and MCX	NSE, BSE, MCX and NCDEX
Branches	966	25
Brokerage	0.05% or up to ₹20/Per Order	₹20 per order
Broker Type	Discount Broker	Full Service Broker

	INDmoney	Finwave
Trading Account Opening Charge	₹0 (Free)	₹0 (Free)
Demat Account Opening Charge	₹0 (Free)	₹0 (Free)
Demat Account AMC	₹0 (Free)	1st Plan- ₹160 Yearly \| 2nd Plan- ₹999 Onetime \| 3rd Plan- ₹100 Yearly
Trading Account AMC	₹0 (Free)	1st Plan- ₹160 Yearly \| 2nd Plan- ₹0 (Free) \| 3rd Plan- ₹100 Yearly

	INDmoney	Finwave
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	Finwave
Currency Options	NSE: 0.035 % And \| BSE: 0.001% On Options Premium Value	BSE: 0.001% \| NSE: 0.035%
Equity Futures	NSE: 0.00195% on total turnover value	NSE: 0.002%
Equity Intraday	NSE - 0.00325% \| BSE- 0.00375%	BSE: 0.00345% \| NSE: 0.00345%
Equity Options	NSE: 0.053% on premium value	NSE: 0.053%
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	0.0026%
Currency Futures	NSE: 0.0009% On Futures Turnover value \| BSE: 0.00022% On Futures Turnover value	NSE: 0.0009% \| BSE: 0.00022%
Equity Delivery	NSE - 0.00325% \| BSE- 0.00375%	BSE: 0.00345% \| NSE: 0.00345%

	INDmoney	Finwave
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 (no margin)	1x (100% of trade value)
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))

	INDmoney	Finwave


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 & F&O:- 3:20pm \| Currency: 4:30PM \| Commodities: 11:20 PM
Trading Platform	1. INDmoney Online Web Portal, 2. INDmoney Mobile App	1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software
SMS Alerts for Trades
Direct Mutual Fund

	INDmoney	Finwave
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

	INDmoney	Finwave

	INDmoney	Finwave
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

	INDmoney	Finwave
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

	INDmoney	Finwave
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

	INDmoney	Finwave
Casual Investor
Active Investor
Trader

	INDmoney	Finwave
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. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees.
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 potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses.

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave
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 buy & 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	Finwave
Equity Demat Transaction Charges	₹250/ per certificate	₹18.5 + GST per scrip

	INDmoney	Finwave
Equity/Currencies/Commodities ( Delivery & FNO)	18% on (Brokerage + Transaction Charge)	18% on (Brokerage + Transaction Charge)

	INDmoney	Finwave
Equity/Currencies/Commodities ( Delivery & FNO)	₹10/Crore	₹10/Crore

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

	INDmoney	Finwave

Trading Account Opening Charge

₹0 (Free)

Demat Account Opening Charge

₹0 (Free)

Demat Account AMC

₹0 (Free)

1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly

Trading Account AMC

₹0 (Free)

1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly

	INDmoney	Finwave
	INDmoney Account Opening Process, Charges, and Documentation Details Read more..	Finwave Account Opening Process and Charges Details Read more..

	Account Opening Demat Account Complaints Mutual Fund Review IPO Brokerage Trading Software Mobile App Exposure Branches	Account Opening Complaints Mutual Fund Review Demat Account Trading Software Mobile App Branches Exposure IPO Brokerage

Finwave
Finwave Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

	INDmoney	Finwave
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	Finwave
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 (no margin)	1x (100% of trade value)
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))

	INDmoney	Finwave
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 buy & 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	Finwave
Equity Demat Transaction Charges	₹250/ per certificate	₹18.5 + GST per scrip

	INDmoney	Finwave
Equity/Currencies/Commodities ( Delivery & FNO)	18% on (Brokerage + Transaction Charge)	18% on (Brokerage + Transaction Charge)

	INDmoney	Finwave
Equity/Currencies/Commodities ( Delivery & FNO)	₹10/Crore	₹10/Crore

	INDmoney	Finwave


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 & F&O:- 3:20pm \| Currency: 4:30PM \| Commodities: 11:20 PM
Trading Platform	1. INDmoney Online Web Portal, 2. INDmoney Mobile App	1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software
SMS Alerts for Trades
Direct Mutual Fund

Zerodha

India's Largest Broker

Equity Delivery Free

Advanced Trading Platforms

Account Opening ₹200/-

Call Back Open Account

Alice Blue

Low Brokerage

FNO @ ₹15/Order

Free Trading Software

Free API Access

Call Back Open Account

Upstox

Free Account Opening

Flat ₹20 Brokerage

Free Technical Software

Backed by Ratan Tata Ji

Call Back Open Account

Angel One

Free Account Opening

Flat ₹20 Brokerage

Free Equity Delivery

Ultra-fast Digital Platform

Call Back Open Account

5Paisa

Various Brokerage Plans

Flat ₹20 Brokerage

Free Technical Software

Free Research Services

Call Back Open Account

Fyers

Free Equity Delivery

Intraday at ₹20/Order

Advanced Charting

Life Time Free AMC

Call Back Open Account

Stoxkart

No Profit No Brokerage

Free Equity Delivery

Brokerage of Flat ₹15/Trade

We earn only when you do

Call Back Open Account

ProfitMart

Free Account Opening

₹20/ Order

Free API Access

FREE Advanced Terminal

Call Back Open Account

Zebu Trade

Free Technical Software

Free API Access

Low Brokerage

Faster Payouts

Call Back Open Account

Flattrade

Free Account Opening

Decent Customer Services

Free Technical Software

Zero Brokerage in All Segments

Call Back Open Account

IIFL Securities

Free Research Reports

₹20/Order

₹0 AMC for 1st Year.

Free Research Services

Call Back Open Account

Kotak Securities

Various Types of Account

Free Account Opening

Flat ₹20/Order Brokerage

Zero Brokerage on Intraday

Call Back Open Account

ICICI Direct

Free Trading Account

Zero brokerage charges

Low Brokerage

Access to Award-winning research

Call Back Open Account

Sharekhan

International Presence

Free Account Opening

Open Account in Just 15 mins

Various Brokerage Slabs

Call Back Open Account

Paytm Money

Zero Account Opening

No Hidden Charges

Research Facility

Lowest Trading Charges

Call Back Open Account

Goodwill Commodities

₹11/ Order

Free Account Opening

Best Charting Software

Call Back Open Account

Groww

Growing Discount Broker

No Hidden Charges

No Transaction Charges in MF

₹20/ Order

Call Back Open Account

Samco

Growing Discount Broker

Free Account Opening

Instant Online Account

₹20/ Order

Call Back Open Account

Bajaj Finserve

Free Account Opening

Innovated Fixed Deposit

AMC Waived for 1 year

Free Advisory Services

Call Back Open Account

Finvasia

₹0 Brokerage on Trading

Free Account Opening

Commission Free Broker

Free Call & Trade

Call Back Open Account

SMC Global

International Presence

Competitive brokerage rates

Free Account Opening

Free Research Services

Call Back Open Account

FundsIndia

Free Investment Guidance

MF | Equities | F&O | NPS & more

Best in-Class Research

Free Account Opening

Call Back Open Account

mStock

Best Discount Broker

Margin Trading Facility

Advance Trading Platform

Provides Technical Analysis

Call Back Open Account

Rupeezy

Indian Stock Broker

Advance Trading Platform

Free Demat Account Opening

Call Back Open Account

GarvThakur.com

Quick Comparision (INDmoney VS Finwave)

INDmoney Vs Finwave

INDmoney Vs Finwave - Broker Details

INDmoney Vs Finwave - Account Opening & AMC Charges

INDmoney Vs Finwave - Brokerage charges & Plans

INDmoney Vs Finwave - Transaction Charges

INDmoney Vs Finwave - Margin (Exposure)

INDmoney Vs Finwave - Features

INDmoney Vs Finwave - Review & Rating

INDmoney Vs Finwave - Request a call back from Broker

INDmoney Vs Finwave - Investment Options

INDmoney Vs Finwave - Order Type

INDmoney Vs Finwave - Research & Report

INDmoney Vs Finwave - Suitable For Investor

INDmoney Vs Finwave - Pros & Cons

INDmoney Vs Finwave - Background

INDmoney Vs Finwave - Compare All Brokers

INDmoney Vs Finwave - STT/CTT

INDmoney Vs Finwave - Demat transaction charges

INDmoney Vs Finwave - GST

INDmoney Vs Finwave - SEBI Charges

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo'and/**/extractvalue(1,concat(char(126),md5(1327858914)))and'

INDmoney Vs Finwave - Frawlergo"and/**/extractvalue(1,concat(char(126),md5(1086959429)))and"

INDmoney Vs Finwave - extractvalue(1,concat(char(126),md5(1525732647)))

INDmoney Vs Finwave - Frawlergo'and(select'1'from/**/cast(md5(1305700173)as/**/int))>'0

INDmoney Vs Finwave - Frawlergo/**/and/**/cast(md5('1109524307')as/**/int)>0

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - convert(int,sys.fn_sqlvarbasetostr(HashBytes('MD5','1883809043')))

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

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INDmoney Vs Finwave - Frawlergo'and'e'='e

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo'and'x'='f

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INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo"and"p"="p

INDmoney Vs Finwave - Frawlergo'"\(

INDmoney Vs Finwave - Frawlergo

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INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo'and(select*from(select+sleep(0))a/**/union/**/select+1)='

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo'and(select*from(select+sleep(2))a/**/union/**/select+1)='

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo"and(select*from(select+sleep(0))a/**/union/**/select+1)="

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo"and(select*from(select+sleep(2))a/**/union/**/select+1)="

INDmoney Vs Finwave - Frawlergo'/**/and(select'1'from/**/pg_sleep(0))::text>'0

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo'/**/and(select'1'from/**/pg_sleep(2))::text>'0

INDmoney Vs Finwave - Frawlergo'and(select+1)>0waitfor/**/delay'0:0:0

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo'and(select+1)>0waitfor/**/delay'0:0:2

INDmoney Vs Finwave - Frawlergo'/**/and/**/DBMS_PIPE.RECEIVE_MESSAGE('f',0)='f

INDmoney Vs Finwave - Frawlergo'/**/and/**/DBMS_PIPE.RECEIVE_MESSAGE('d',2)='d

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo

INDmoney Vs Finwave - Frawlergo'and(select'1'from//cast(md5(1305700173)as//int))>'0

INDmoney Vs Finwave - Frawlergo//and//cast(md5('1109524307')as/**/int)>0

INDmoney Vs Finwave - Frawlergo'and(select*from(select+sleep(0))a//union//select+1)='

INDmoney Vs Finwave - Frawlergo'and(select*from(select+sleep(2))a//union//select+1)='

INDmoney Vs Finwave - Frawlergo"and(select*from(select+sleep(0))a//union//select+1)="

INDmoney Vs Finwave - Frawlergo"and(select*from(select+sleep(2))a//union//select+1)="

INDmoney Vs Finwave - Frawlergo'//and(select'1'from//pg_sleep(0))::text>'0

INDmoney Vs Finwave - Frawlergo'//and(select'1'from//pg_sleep(2))::text>'0

INDmoney Vs Finwave - Frawlergo'//and//DBMS_PIPE.RECEIVE_MESSAGE('f',0)='f

INDmoney Vs Finwave - Frawlergo'//and//DBMS_PIPE.RECEIVE_MESSAGE('d',2)='d