INDmoney Vs Flattrade
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
INDmoney Vs Flattrade - Broker Details
| INDmoney | Flattrade | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 2004 |
| Exchanges | NSE, BSE and MCX | BSE, NSE and MCX |
| Branches | 966 | 6 |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
INDmoney Vs Flattrade - Account Opening & AMC Charges
| INDmoney | Flattrade | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 + GST |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
INDmoney Vs Flattrade - Brokerage charges & Plans
| INDmoney | Flattrade | |
|---|---|---|
| Commodity Futures | N/A | ₹0 (Free) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Commodity Options | N/A | ₹0 (Free) |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Call Back Open Account |
INDmoney Vs Flattrade - Other Charges
| INDmoney | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Call Back Open Account |
INDmoney Vs Flattrade - Transaction Charges
| INDmoney | Flattrade | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE: 0.00195% on total turnover value | 0.0020% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Equity Options | NSE: 0.053% on premium value | 0.053% (on premium) |
| 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% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| 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% | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Call Back Open Account |
INDmoney Vs Flattrade - Margin (Exposure)
| INDmoney | Flattrade | |
|---|---|---|
| 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) |
| Call Back Open Account |
INDmoney Vs Flattrade - Features
| INDmoney | Flattrade | |
|---|---|---|
| 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
INDmoney Vs Flattrade - Review & Rating
| INDmoney | Flattrade | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
INDmoney Vs Flattrade - Request a call back from Broker
| INDmoney | Flattrade | |
|---|---|---|
| Call Back Open Account |
INDmoney Vs Flattrade - Investment Options
| INDmoney | Flattrade | |
|---|---|---|
| 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 |
INDmoney Vs Flattrade - Order Type
| INDmoney | Flattrade | |
|---|---|---|
| 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 |
INDmoney Vs Flattrade - Research & Report
| INDmoney | Flattrade | |
|---|---|---|
| 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 |
INDmoney Vs Flattrade - Daily Market Report
| INDmoney | Flattrade | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
INDmoney Vs Flattrade - Suitable For Investor
| INDmoney | Flattrade | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
INDmoney Vs Flattrade - Pros & Cons
| INDmoney | Flattrade | |
|---|---|---|
| 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. 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 |
| 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. 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. |
| Call Back Open Account |
INDmoney Vs Flattrade - Background
| INDmoney | Flattrade | |
|---|---|---|
| Call Back Open Account |
INDmoney Vs Flattrade - Compare All Brokers
| INDmoney | Flattrade | |
|---|---|---|
| Call Back Open Account |
INDmoney Vs Flattrade - STT/CTT
| INDmoney | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sale side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% 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 |
| Call Back Open Account |
INDmoney Vs Flattrade - Demat transaction charges
| INDmoney | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹20 + GST per scrip only on sell |
| Call Back Open Account |
INDmoney Vs Flattrade - GST
| INDmoney | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
INDmoney Vs Flattrade - SEBI Charges
| INDmoney | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
INDmoney Vs Flattrade - Account Opening & AMC Charges
INDmoney
Flattrade
Trading Account Opening Charge
₹0 (Free)
₹200 + GST
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
INDmoney Vs Flattrade
| INDmoney | Flattrade | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
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 .. |
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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.
INDmoney Vs Flattrade - Brokerage charges & Plans
| INDmoney | Flattrade | |
|---|---|---|
| Commodity Futures | N/A | ₹0 (Free) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Commodity Options | N/A | ₹0 (Free) |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Call Back Open Account |
INDmoney Vs Flattrade - Margin (Exposure)
| INDmoney | Flattrade | |
|---|---|---|
| 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) |
| Call Back Open Account |
INDmoney Vs Flattrade - Other Charges
| INDmoney | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
INDmoney Vs Flattrade - STT/CTT
| INDmoney | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sale side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% 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 Vs Flattrade - Demat transaction charges
| INDmoney | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹20 + GST per scrip only on sell |
INDmoney Vs Flattrade - GST
| INDmoney | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
INDmoney Vs Flattrade - SEBI Charges
| INDmoney | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Flattrade - Features
| INDmoney | Flattrade | |
|---|---|---|
| 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |