INDmoney Vs Maitra
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs Maitra - Broker Details
| INDmoney | Maitra | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 2012 |
| Exchanges | NSE, BSE and MCX | NSE, BSE and MCX |
| Branches | 966 | N/A |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
| Broker Type | Discount Broker | Full Service Broker |
INDmoney Vs Maitra - Account Opening & AMC Charges
| INDmoney | Maitra | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹400 + 18% GST |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
INDmoney Vs Maitra - Brokerage charges & Plans
| INDmoney | Maitra | |
|---|---|---|
| Commodity Futures | N/A | ₹5/Lot Or ₹20/Order |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
| Commodity Options | N/A | ₹5/Lot Or ₹20/Order |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
INDmoney Vs Maitra - Other Charges
| INDmoney | Maitra | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹0 (Free) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
INDmoney Vs Maitra - Transaction Charges
| INDmoney | Maitra | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | 0.053% |
| Equity Futures | NSE: 0.00195% on total turnover value | 0.0019% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | 0.00325% |
| Equity Options | NSE: 0.053% on premium value | 0.05% |
| 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 | 0.0026% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | 0.00325% |
INDmoney Vs Maitra - Margin (Exposure)
| INDmoney | Maitra | |
|---|---|---|
| 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 (no margin) |
| 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 Vs Maitra - Features
| INDmoney | Maitra | |
|---|---|---|
| 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: 03:21 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs Maitra - Review & Rating
| INDmoney | Maitra | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs Maitra - Request a call back from Broker
| INDmoney | Maitra | |
|---|---|---|
INDmoney Vs Maitra - Investment Options
| INDmoney | Maitra | |
|---|---|---|
| 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 Maitra - Order Type
| INDmoney | Maitra | |
|---|---|---|
| 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 Maitra - Research & Report
| INDmoney | Maitra | |
|---|---|---|
| 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 Maitra - Daily Market Report
| INDmoney | Maitra | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs Maitra - Suitable For Investor
| INDmoney | Maitra | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Maitra - Pros & Cons
| INDmoney | Maitra | |
|---|---|---|
| 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra 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.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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
INDmoney Vs Maitra - Background
| INDmoney | Maitra | |
|---|---|---|
INDmoney Vs Maitra - Compare All Brokers
| INDmoney | Maitra | |
|---|---|---|
INDmoney Vs Maitra - STT/CTT
| INDmoney | Maitra | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% |
| 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% |
| 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 Maitra - Demat transaction charges
| INDmoney | Maitra | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | N/A |
INDmoney Vs Maitra - GST
| INDmoney | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Maitra - SEBI Charges
| INDmoney | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Maitra - Account Opening & AMC Charges
INDmoney
Maitra
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹400 + 18% GST
Trading Account AMC
₹0 (Free)
₹0 (Free)
INDmoney Vs Maitra
| INDmoney | Maitra | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
Maitra Account Opening Process, Charges, and Required Documents Details |
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Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs Maitra - Brokerage charges & Plans
| INDmoney | Maitra | |
|---|---|---|
| Commodity Futures | N/A | ₹5/Lot Or ₹20/Order |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
| Commodity Options | N/A | ₹5/Lot Or ₹20/Order |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
INDmoney Vs Maitra - Margin (Exposure)
| INDmoney | Maitra | |
|---|---|---|
| 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 (no margin) |
| 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 Vs Maitra - Other Charges
| INDmoney | Maitra | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹0 (Free) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹5/Lot Or ₹20/Order |
INDmoney Vs Maitra - STT/CTT
| INDmoney | Maitra | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% |
| 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% |
| 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 Maitra - Demat transaction charges
| INDmoney | Maitra | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | N/A |
INDmoney Vs Maitra - GST
| INDmoney | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Maitra - SEBI Charges
| INDmoney | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Maitra - Features
| INDmoney | Maitra | |
|---|---|---|
| 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: 03:21 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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