INDmoney Vs Vramath 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
Vramath Financial
INDmoney Vs Vramath Financial - Broker Details
| INDmoney | Vramath Financial | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 2012 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 966 | N/A |
| Brokerage | 0.05% or up to ₹20/Per Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Broker Type | Discount Broker | Discount Broker |
INDmoney Vs Vramath Financial - Account Opening & AMC Charges
| INDmoney | Vramath Financial | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | Platinum -₹200 (online) ₹400 (offline) | Diamond - ₹200 (online) ₹400 (offline) | Regular - ₹200 (online) ₹400 (offline) | BSDA - ₹200 (online)₹400 (offline) |
| Demat Account Opening Charge | ₹0 (Free) | Platinum - ₹0 (Free) | Diamond - ₹0 (Free) | Regular - ₹0 (Free) | BSDA - ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | Platinum -Free for life Time | Diamond - Free for 10 years | Regular - Individual - 5,00/- Non-Individual - 1,000/ | BSDA - 1. ₹0, If the value of the holding is up to 50,000. 2. ₹100 up to the value of holding between 50,000 - 2 lakhs. |
| Trading Account AMC | ₹0 (Free) | NA |
INDmoney Vs Vramath Financial - Brokerage charges & Plans
| INDmoney | Vramath Financial | |
|---|---|---|
| Commodity Futures | N/A | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Currency Futures | 0.05% or up to ₹20/Per Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | 0.50% - 0.65% |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20 flat for buying and ₹20 flat for selling per lot |
| Commodity Options | N/A | ₹20 flat for buying and ₹20 flat for selling per lot |
| Equity Futures | 0.05% or up to ₹20/Per Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20 flat for buying and ₹20 flat for selling per lot |
| Fixed Charges | 0.05% or up to ₹20/Per Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Equity Intraday | 0.05% or up to ₹20/Per Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
INDmoney Vs Vramath Financial - Other Charges
| INDmoney | Vramath Financial | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | 0.02% for buying and 0.02% for selling (Highly Competitive). |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | Rs. 50/- flat for buying and Rs.50/ flat for selling (Highly Competitive) per lot. |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
INDmoney Vs Vramath Financial - Transaction Charges
| INDmoney | Vramath 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 Vramath Financial - Margin (Exposure)
| INDmoney | Vramath Financial | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (0% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of the trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (0% of Normal margin (Span + Exposure)) |
INDmoney Vs Vramath Financial - Features
| INDmoney | Vramath 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 & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. Clicq Nd Trade Web Portal, | 2. Vramath Clicq Nd Trade Pro App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs Vramath Financial - Review & Rating
| INDmoney | Vramath Financial | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs Vramath Financial - Request a call back from Broker
| INDmoney | Vramath Financial | |
|---|---|---|
INDmoney Vs Vramath Financial - Investment Options
| INDmoney | Vramath 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 Vramath Financial - Order Type
| INDmoney | Vramath 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 Vramath Financial - Research & Report
| INDmoney | Vramath 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 Vramath Financial - Daily Market Report
| INDmoney | Vramath Financial | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs Vramath Financial - Suitable For Investor
| INDmoney | Vramath Financial | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Vramath Financial - Pros & Cons
| INDmoney | Vramath 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. All-in-One Financial App 4. Vramath Financial 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. Brokerage charges are high as compared to discount brokers. 2. Limited control over market fluctuations 3. Complexity of investment options. 4. Risk of market volatility. |
INDmoney Vs Vramath Financial - Background
| INDmoney | Vramath Financial | |
|---|---|---|
INDmoney Vs Vramath Financial - Compare All Brokers
| INDmoney | Vramath Financial | |
|---|---|---|
INDmoney Vs Vramath Financial - STT/CTT
| INDmoney | Vramath 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 Vramath Financial - Demat transaction charges
| INDmoney | Vramath Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | Minimum `10/- per instruction or 0.01% per Scrip whichever is higher. |
INDmoney Vs Vramath Financial - GST
| INDmoney | Vramath Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Vramath Financial - SEBI Charges
| INDmoney | Vramath Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Vramath Financial - Account Opening & AMC Charges
INDmoney
Vramath Financial
Trading Account Opening Charge
₹0 (Free)
Platinum -₹200 (online) ₹400 (offline) | Diamond - ₹200 (online) ₹400 (offline) | Regular - ₹200 (online) ₹400 (offline) | BSDA - ₹200 (online)₹400 (offline)
Demat Account Opening Charge
₹0 (Free)
Platinum - ₹0 (Free) | Diamond - ₹0 (Free) | Regular - ₹0 (Free) | BSDA - ₹0 (Free)
Demat Account AMC
₹0 (Free)
Platinum -Free for life Time | Diamond - Free for 10 years | Regular - Individual - 5,00/- Non-Individual - 1,000/ | BSDA - 1. ₹0, If the value of the holding is up to 50,000. 2. ₹100 up to the value of holding between 50,000 - 2 lakhs.
Trading Account AMC
₹0 (Free)
NA
INDmoney Vs Vramath Financial
| INDmoney | Vramath Financial | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
Vramath Financial Review |
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Vramath Financial
INDmoney Vs Vramath Financial - Brokerage charges & Plans
| INDmoney | Vramath Financial | |
|---|---|---|
| Commodity Futures | N/A | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Currency Futures | 0.05% or up to ₹20/Per Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | 0.50% - 0.65% |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20 flat for buying and ₹20 flat for selling per lot |
| Commodity Options | N/A | ₹20 flat for buying and ₹20 flat for selling per lot |
| Equity Futures | 0.05% or up to ₹20/Per Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20 flat for buying and ₹20 flat for selling per lot |
| Fixed Charges | 0.05% or up to ₹20/Per Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Equity Intraday | 0.05% or up to ₹20/Per Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
INDmoney Vs Vramath Financial - Margin (Exposure)
| INDmoney | Vramath Financial | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (0% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 4x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of the trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (0% of Normal margin (Span + Exposure)) |
INDmoney Vs Vramath Financial - Other Charges
| INDmoney | Vramath Financial | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | 0.02% for buying and 0.02% for selling (Highly Competitive). |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | Rs. 50/- flat for buying and Rs.50/ flat for selling (Highly Competitive) per lot. |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) |
INDmoney Vs Vramath Financial - STT/CTT
| INDmoney | Vramath 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 Vramath Financial - Demat transaction charges
| INDmoney | Vramath Financial | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | Minimum `10/- per instruction or 0.01% per Scrip whichever is higher. |
INDmoney Vs Vramath Financial - GST
| INDmoney | Vramath Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Vramath Financial - SEBI Charges
| INDmoney | Vramath Financial | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Vramath Financial - Features
| INDmoney | Vramath 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 & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. Clicq Nd Trade Web Portal, | 2. Vramath Clicq Nd Trade Pro App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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