INDmoney Vs Trustline
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Trustline
Trustline Review gives an overall view and updates about the Trustline Brokerage Charges, Trustline Margin, Trustline Trading Software 2024, Trustline Demat Account Charges and it also gives an overview on Trustline NRI Account, Trustline Branches, Trustline Customer Complaints, Trustline Presence in India, Trustline Research and Recommendation Facility as well as offers a wide range of financial products through Indira Securities website and mobile application
INDmoney Vs Trustline - Broker Details
| INDmoney | Trustline | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 1995 |
| Exchanges | NSE, BSE and MCX | BSE, NSE, MCX, NCDEX |
| Branches | 966 | 400+ |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹20/Order |
| Broker Type | Discount Broker | Full Service Broker |
INDmoney Vs Trustline - Account Opening & AMC Charges
| INDmoney | Trustline | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹590/- (Lifetime) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
INDmoney Vs Trustline - Brokerage charges & Plans
| INDmoney | Trustline | |
|---|---|---|
| Commodity Futures | N/A | ₹20/Order or 0.03% (whichever is lower) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% (whichever is lower) |
| Commodity Options | N/A | ₹20/Order or 0.03% (whichever is lower) |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% (whichever is lower) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% (whichever is lower) |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% (whichever is lower) |
INDmoney Vs Trustline - Other Charges
| INDmoney | Trustline | |
|---|---|---|
| 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 | ₹20/Order or 0.03% |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/Order |
INDmoney Vs Trustline - Transaction Charges
| INDmoney | Trustline | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE ₹4000/Cr (on premium) (0.04%) | BSE ₹1500 |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE ₹190/Cr (0.0019%) |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | NSE ₹325/Cr | BSE ₹1.5/Trade (each side) |
| Equity Options | NSE: 0.053% on premium value | NSE ₹5000/Cr (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 | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | NSE ₹90/Cr (0.0009%) | BSE ₹18/Cr (0.00018%) |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | NSE ₹325/Cr | BSE ₹1.5/Trade (each side) |
INDmoney Vs Trustline - Margin (Exposure)
| INDmoney | Trustline | |
|---|---|---|
| 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 Trustline - Features
| INDmoney | Trustline | |
|---|---|---|
| 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.T5 Web- Website Trading Platform 2.Trust Power- Desktop Trading Software 3.Trust Mobile- Mobile Trading Power |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs Trustline - Review & Rating
| INDmoney | Trustline | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs Trustline - Request a call back from Broker
| INDmoney | Trustline | |
|---|---|---|
INDmoney Vs Trustline - Investment Options
| INDmoney | Trustline | |
|---|---|---|
| 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 Trustline - Order Type
| INDmoney | Trustline | |
|---|---|---|
| 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 Trustline - Research & Report
| INDmoney | Trustline | |
|---|---|---|
| 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 Trustline - Daily Market Report
| INDmoney | Trustline | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs Trustline - Suitable For Investor
| INDmoney | Trustline | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Trustline - Pros & Cons
| INDmoney | Trustline | |
|---|---|---|
| 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.Trustline Securities is a financial services provider since 1989. The broker has over 400 branches. 2.After trading hours and GTC orders are available. 3.Online customers get free trading software’s including Website, Mobile App and Trading Terminal. 4.No extra charges for intraday or expiry positions closed by the broker 5.Advance order types i.e. Cover Orders are available to all customers. |
| 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 does not provide a three-in one demat account. 2.Trading API's are not available to retail customers. 3.Higher demat changes in comparison to other discount brokers. |
INDmoney Vs Trustline - Background
| INDmoney | Trustline | |
|---|---|---|
INDmoney Vs Trustline - Compare All Brokers
| INDmoney | Trustline | |
|---|---|---|
INDmoney Vs Trustline - STT/CTT
| INDmoney | Trustline | |
|---|---|---|
| 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 Trustline - Demat transaction charges
| INDmoney | Trustline | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | N/A |
INDmoney Vs Trustline - GST
| INDmoney | Trustline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% of (Brokerage + Transaction Charges) |
INDmoney Vs Trustline - SEBI Charges
| INDmoney | Trustline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Trustline - Account Opening & AMC Charges
INDmoney
Trustline
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹590/- (Lifetime)
Trading Account AMC
₹0 (Free)
₹0 (Free)
INDmoney Vs Trustline
| INDmoney | Trustline | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
Trustline Review | Brokerage Charges, Account OpeningThe markets are generally unpredictable, one person buys and another person sells and both think they are astute. Stock market is full of economic adventures from where you will get the latest news and knowledge of every corner & industry of the world. The broker acts as a mediator between the investor and the stock market. It .. |
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Trustline
Trustline Review gives an overall view and updates about the Trustline Brokerage Charges, Trustline Margin, Trustline Trading Software 2024, Trustline Demat Account Charges and it also gives an overview on Trustline NRI Account, Trustline Branches, Trustline Customer Complaints, Trustline Presence in India, Trustline Research and Recommendation Facility as well as offers a wide range of financial products through Indira Securities website and mobile application
INDmoney Vs Trustline - Brokerage charges & Plans
| INDmoney | Trustline | |
|---|---|---|
| Commodity Futures | N/A | ₹20/Order or 0.03% (whichever is lower) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% (whichever is lower) |
| Commodity Options | N/A | ₹20/Order or 0.03% (whichever is lower) |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% (whichever is lower) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% (whichever is lower) |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% (whichever is lower) |
INDmoney Vs Trustline - Margin (Exposure)
| INDmoney | Trustline | |
|---|---|---|
| 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 Trustline - Other Charges
| INDmoney | Trustline | |
|---|---|---|
| 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 | ₹20/Order or 0.03% |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/Order |
INDmoney Vs Trustline - STT/CTT
| INDmoney | Trustline | |
|---|---|---|
| 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 Trustline - Demat transaction charges
| INDmoney | Trustline | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | N/A |
INDmoney Vs Trustline - GST
| INDmoney | Trustline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% of (Brokerage + Transaction Charges) |
INDmoney Vs Trustline - SEBI Charges
| INDmoney | Trustline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Trustline - Features
| INDmoney | Trustline | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| 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.T5 Web- Website Trading Platform 2.Trust Power- Desktop Trading Software 3.Trust Mobile- Mobile Trading Power |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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