INDmoney Vs Tradingo
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs Tradingo - Broker Details
| INDmoney | Tradingo | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 2016 |
| Exchanges | NSE, BSE and MCX | BSE, NSE and MCX |
| Branches | 966 | 102 |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Broker Type | Discount Broker | Discount Broker |
INDmoney Vs Tradingo - Account Opening & AMC Charges
| INDmoney | Tradingo | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹250-per annum |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
INDmoney Vs Tradingo - Brokerage charges & Plans
| INDmoney | Tradingo | |
|---|---|---|
| Commodity Futures | N/A | Discount Broking-₹20/Order or 0.01% (whichever is lower) | Premium Broking- ₹100/Order |
| Currency Futures | 0.05% or up to ₹20/Per Order | Discount Broking- ₹20/Order or 0.01% (whichever is lower) | Premium Broking-₹20/Order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | Discount Broking- ₹0(Free) | Premium Broking-0.3% |
| Equity Options | 0.05% or up to ₹20/Per Order | Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot |
| Commodity Options | N/A | Discount Broking-₹20/Order or 0.01% whichever is lower |
| Equity Futures | 0.05% or up to ₹20/Per Order | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking-0.03% |
| Currency Options | 0.05% or up to ₹20/Per Order | Discount Broking- ₹20/order | Premium Broking- ₹50/Lot |
| Fixed Charges | 0.05% or up to ₹20/Per Order | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
| Equity Intraday | 0.05% or up to ₹20/Per Order | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
INDmoney Vs Tradingo - Other Charges
| INDmoney | Tradingo | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹20/Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order |
INDmoney Vs Tradingo - Transaction Charges
| INDmoney | Tradingo | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE: 0.00325% of turnover | BSE: 0.0005% of turnover |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | NSE: 0.00325% of turnover | BSE: ₹1.5/Trade on A & B group scrips. |
| Equity Options | NSE: 0.053% on premium value | NSE: 0.075% of turnover | BSE: 0.0005% of turnover |
| 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 | Discount Broking- ₹100/Order or 0.01% whichever is lower |Premium Broking-₹50/Lot |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | Discount Broking-₹20/Order or 0.01% whichever is lower|Premium Broking-0.3% of the turnover |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | NSE: 0.00325% of turnover | BSE: ₹1.5/Trade on A & B group scrips |
INDmoney Vs Tradingo - Margin (Exposure)
| INDmoney | Tradingo | |
|---|---|---|
| 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 Vs Tradingo - Features
| INDmoney | Tradingo | |
|---|---|---|
| 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 | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1.Tradingo -mobile app 2. Justrade 2.0 Stocks |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs Tradingo - Review & Rating
| INDmoney | Tradingo | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs Tradingo - Request a call back from Broker
| INDmoney | Tradingo | |
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INDmoney Vs Tradingo - Investment Options
| INDmoney | Tradingo | |
|---|---|---|
| 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 Tradingo - Order Type
| INDmoney | Tradingo | |
|---|---|---|
| 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 Tradingo - Research & Report
| INDmoney | Tradingo | |
|---|---|---|
| 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 Tradingo - Daily Market Report
| INDmoney | Tradingo | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs Tradingo - Suitable For Investor
| INDmoney | Tradingo | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Tradingo - Pros & Cons
| INDmoney | Tradingo | |
|---|---|---|
| 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.Discount stock broker 2.Online IPO and Mutual Funds available 3.Free trading software. 4 Offer margin funding and higher exposure. |
| 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.Doesn't offer 3-in-1 account 2.Charge annual maintenance change on demat account. 3.Call & trade is changed ₹20 extra. |
INDmoney Vs Tradingo - Background
| INDmoney | Tradingo | |
|---|---|---|
INDmoney Vs Tradingo - Compare All Brokers
| INDmoney | Tradingo | |
|---|---|---|
INDmoney Vs Tradingo - STT/CTT
| INDmoney | Tradingo | |
|---|---|---|
| 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 Vs Tradingo - Demat transaction charges
| INDmoney | Tradingo | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | N/A |
INDmoney Vs Tradingo - GST
| INDmoney | Tradingo | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Tradingo - SEBI Charges
| INDmoney | Tradingo | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Tradingo - Account Opening & AMC Charges
INDmoney
Tradingo
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹250-per annum
Trading Account AMC
₹0 (Free)
₹0 (Free)
INDmoney Vs Tradingo
| INDmoney | Tradingo | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
Tradingo ReviewIncorporated on 2016 in Indore (Madhya Pradesh) by IIT Delhi alumni Mr. Parth Nyati having a decade of experience in the brokerage industry. Today, he is one of the best techies in the financial industry and also holds a position of board member of BSE Brokers Forum. Tradingo is a modern stock trading platform offers 2 types of
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Tradingo
INDmoney Vs Tradingo - Brokerage charges & Plans
| INDmoney | Tradingo | |
|---|---|---|
| Commodity Futures | N/A | Discount Broking-₹20/Order or 0.01% (whichever is lower) | Premium Broking- ₹100/Order |
| Currency Futures | 0.05% or up to ₹20/Per Order | Discount Broking- ₹20/Order or 0.01% (whichever is lower) | Premium Broking-₹20/Order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | Discount Broking- ₹0(Free) | Premium Broking-0.3% |
| Equity Options | 0.05% or up to ₹20/Per Order | Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot |
| Commodity Options | N/A | Discount Broking-₹20/Order or 0.01% whichever is lower |
| Equity Futures | 0.05% or up to ₹20/Per Order | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking-0.03% |
| Currency Options | 0.05% or up to ₹20/Per Order | Discount Broking- ₹20/order | Premium Broking- ₹50/Lot |
| Fixed Charges | 0.05% or up to ₹20/Per Order | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
| Equity Intraday | 0.05% or up to ₹20/Per Order | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
INDmoney Vs Tradingo - Margin (Exposure)
| INDmoney | Tradingo | |
|---|---|---|
| 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 Vs Tradingo - Other Charges
| INDmoney | Tradingo | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹20/Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order |
INDmoney Vs Tradingo - STT/CTT
| INDmoney | Tradingo | |
|---|---|---|
| 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 Vs Tradingo - Demat transaction charges
| INDmoney | Tradingo | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | N/A |
INDmoney Vs Tradingo - GST
| INDmoney | Tradingo | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Tradingo - SEBI Charges
| INDmoney | Tradingo | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Tradingo - Features
| INDmoney | Tradingo | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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 | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1.Tradingo -mobile app 2. Justrade 2.0 Stocks |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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