INDmoney Vs Sernet Financial
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
INDmoney Vs Sernet Financial - Broker Details
| INDmoney | Sernet Financial | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 2004 |
| Exchanges | NSE, BSE and MCX | NSE, BSE and MCX |
| Branches | 966 | NA |
| Brokerage | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Broker Type | Discount Broker | Full Service Broker |
INDmoney Vs Sernet Financial - Account Opening & AMC Charges
| INDmoney | Sernet Financial | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee |
| Demat Account Opening Charge | ₹0 (Free) | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee |
| Demat Account AMC | ₹0 (Free) | PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) |
| Trading Account AMC | ₹0 (Free) | PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) |
INDmoney Vs Sernet Financial - Brokerage charges & Plans
| INDmoney | Sernet Financial | |
|---|---|---|
| Commodity Futures | N/A | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Futures | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Delivery | 0.05% or up to ₹20/Per Order | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% |
| Equity Options | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Commodity Options | N/A | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Futures | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Options | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Fixed Charges | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Intraday | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
INDmoney Vs Sernet Financial - Other Charges
| INDmoney | Sernet Financial | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹20 per Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
INDmoney Vs Sernet Financial - Transaction Charges
| INDmoney | Sernet Financial | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE: 0.0019% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | NSE: 0.00325% | BSE: 0.00325% |
| Equity Options | NSE: 0.053% on premium value | NSE: 0.05% (on premium) | NSE: 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 | Exchange txn charge: 0.05% |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | NSE – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | NSE: 0.00325% | BSE: 0.00325% |
INDmoney Vs Sernet Financial - Margin (Exposure)
| INDmoney | Sernet Financial | |
|---|---|---|
| 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 Sernet Financial - Features
| INDmoney | Sernet Financial | |
|---|---|---|
| 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. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs Sernet Financial - Review & Rating
| INDmoney | Sernet Financial | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs Sernet Financial - Request a call back from Broker
| INDmoney | Sernet Financial | |
|---|---|---|
INDmoney Vs Sernet Financial - Investment Options
| INDmoney | Sernet Financial | |
|---|---|---|
| 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 Sernet Financial - Order Type
| INDmoney | Sernet Financial | |
|---|---|---|
| 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 Sernet Financial - Research & Report
| INDmoney | Sernet Financial | |
|---|---|---|
| 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 Sernet Financial - Daily Market Report
| INDmoney | Sernet Financial | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs Sernet Financial - Suitable For Investor
| INDmoney | Sernet Financial | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Sernet Financial - Pros & Cons
| INDmoney | Sernet Financial | |
|---|---|---|
| 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. Known for their reliability and integrity in managing clients' assets. 4. Offer competitive interest rates and fees for their services. 5. Prioritize client satisfaction and long-term financial well-being. |
| 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. Sernet Financial may not have a widespread branch network, which could be inconvenient for clients who prefer in-person banking. 4. Depending on their size and resources, customer support quality and availability may vary. |
INDmoney Vs Sernet Financial - Background
| INDmoney | Sernet Financial | |
|---|---|---|
INDmoney Vs Sernet Financial - Compare All Brokers
| INDmoney | Sernet Financial | |
|---|---|---|
INDmoney Vs Sernet Financial - STT/CTT
| INDmoney | Sernet Financial | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.1% on buy & sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Sernet Financial - Demat transaction charges
| INDmoney | Sernet Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹15 + GST per scrip |
INDmoney Vs Sernet Financial - GST
| INDmoney | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Sernet Financial - SEBI Charges
| INDmoney | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Sernet Financial - Account Opening & AMC Charges
INDmoney
Sernet Financial
Trading Account Opening Charge
₹0 (Free)
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
Demat Account Opening Charge
₹0 (Free)
PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee
Demat Account AMC
₹0 (Free)
PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
Trading Account AMC
₹0 (Free)
PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free)
INDmoney Vs Sernet Financial
| INDmoney | Sernet Financial | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
Sernet Financial Account Opening Process and Charges Details |
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Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
INDmoney Vs Sernet Financial - Brokerage charges & Plans
| INDmoney | Sernet Financial | |
|---|---|---|
| Commodity Futures | N/A | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Futures | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Delivery | 0.05% or up to ₹20/Per Order | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% |
| Equity Options | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Commodity Options | N/A | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Futures | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Currency Options | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Fixed Charges | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Equity Intraday | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
INDmoney Vs Sernet Financial - Margin (Exposure)
| INDmoney | Sernet Financial | |
|---|---|---|
| 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 Sernet Financial - Other Charges
| INDmoney | Sernet Financial | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹20 per Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
INDmoney Vs Sernet Financial - STT/CTT
| INDmoney | Sernet Financial | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.05% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.1% on buy & sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.0625% 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 | 0.0125% on sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Sernet Financial - Demat transaction charges
| INDmoney | Sernet Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹15 + GST per scrip |
INDmoney Vs Sernet Financial - GST
| INDmoney | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Sernet Financial - SEBI Charges
| INDmoney | Sernet Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Sernet Financial - Features
| INDmoney | Sernet Financial | |
|---|---|---|
| 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. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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