iTradeOnline Vs INDmoney
iTradeOnline
iTradeOnline Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, iTradeOnline Demat Account Charges and it also gives overview on iTradeOnline NRI Account, iTradeOnline Branches, iTradeOnline Customer Complaints, iTradeOnline Advantages and Disadvantages, iTradeOnline Demat Account Opening as well as information related to share market, iTradeOnline Research Services
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
iTradeOnline Vs INDmoney - Broker Details
| iTradeOnline | INDmoney | |
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| Single Margin Facility |
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| Year of Incorporation | 2012 | 2019 |
| Exchanges | NSE, BSE, NCDEX & MCX | NSE, BSE and MCX |
| Branches | 400+ | 966 |
| Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Broker Type | Full Service Broker | Discount Broker |
iTradeOnline Vs INDmoney - Account Opening & AMC Charges
| iTradeOnline | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹200 + Service tax | ₹0 (Free) |
| Demat Account Opening Charge | ₹1000 + Service tax (Lifetime AMC) | ₹0 (Free) |
| Demat Account AMC | ₹300 + Service tax | ₹1000 + Service tax (Lifetime AMC) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
iTradeOnline Vs INDmoney - Brokerage charges & Plans
| iTradeOnline | INDmoney | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
iTradeOnline Vs INDmoney - Other Charges
| iTradeOnline | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹20/ Order | ₹50 per position |
| Other Brokerage Charges | ₹20/ Order or 0.03% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
iTradeOnline Vs INDmoney - Transaction Charges
| iTradeOnline | INDmoney | |
|---|---|---|
| Currency Options | NSE: ₹4000/Cr (on premium) (0.04%) | BSE: 1500 | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE: ₹190/Cr (0.0019%) | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE: ₹325/Cr | BSE: ₹1.5/Trade (each side) | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE: ₹5000/Cr (0.05%) | NSE: 0.053% on premium value |
| Commodity | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) | 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 |
| Currency Futures | NSE: ₹90/Cr (0.0009%) | BSE: ₹18/Cr (0.00018%) | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE: ₹325/Cr | BSE: ₹1.5/Trade (each side) | NSE - 0.00325% | BSE- 0.00375% |
iTradeOnline Vs INDmoney - Margin (Exposure)
| iTradeOnline | INDmoney | |
|---|---|---|
| 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 (100% of trade value) | 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) |
iTradeOnline Vs INDmoney - Features
| iTradeOnline | INDmoney | |
|---|---|---|
| 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 & F&O:- 3:15 PM | Currency: 4:40 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.iTrade - (Mobile Trading App) 2.T5 - (Browser-based Trading Website) 3. Trust Power - (Installable Trading Terminal | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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iTradeOnline Vs INDmoney - Review & Rating
| iTradeOnline | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
iTradeOnline Vs INDmoney - Request a call back from Broker
| iTradeOnline | INDmoney | |
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iTradeOnline Vs INDmoney - Investment Options
| iTradeOnline | INDmoney | |
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| 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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iTradeOnline Vs INDmoney - Order Type
| iTradeOnline | INDmoney | |
|---|---|---|
| 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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iTradeOnline Vs INDmoney - Research & Report
| iTradeOnline | INDmoney | |
|---|---|---|
| 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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iTradeOnline Vs INDmoney - Daily Market Report
| iTradeOnline | INDmoney | |
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| Daily Market Reports & News |
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iTradeOnline Vs INDmoney - Suitable For Investor
| iTradeOnline | INDmoney | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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iTradeOnline Vs INDmoney - Pros & Cons
| iTradeOnline | INDmoney | |
|---|---|---|
| Pros | 1. Lifetime FREE AMC Demat Account is available with a one-time fee of ₹1000. 2. The 2-in-1 account is available (Trading + Demat Account) 3. Trading available at BSE, NSE, and MCX 4.Paperless Instant Account Opening is available with EKYC and Aadhar integration.5.Low-cost brokerage services | 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. |
| Cons | 1. Higher demat changes in comparison to other discount brokers. 2.It does not provide 3 in 1 account. 3.Trading API's are not available to retail customers. | 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. |
iTradeOnline Vs INDmoney - Background
| iTradeOnline | INDmoney | |
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iTradeOnline Vs INDmoney - Compare All Brokers
| iTradeOnline | INDmoney | |
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iTradeOnline Vs INDmoney - STT/CTT
| iTradeOnline | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
iTradeOnline Vs INDmoney - Demat transaction charges
| iTradeOnline | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 + GST per scrip only on sell | ₹250/ per certificate |
iTradeOnline Vs INDmoney - GST
| iTradeOnline | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% of (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charge) |
iTradeOnline Vs INDmoney - SEBI Charges
| iTradeOnline | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
iTradeOnline Vs INDmoney - Account Opening & AMC Charges
iTradeOnline
INDmoney
Trading Account Opening Charge
₹200 + Service tax
₹0 (Free)
Demat Account Opening Charge
₹1000 + Service tax (Lifetime AMC)
₹0 (Free)
Demat Account AMC
₹300 + Service tax | ₹1000 + Service tax (Lifetime AMC)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
iTradeOnline Vs INDmoney
| iTradeOnline | INDmoney | |
|---|---|---|
iTradeOnline ReviewiTradeonline is an online venture of Trustline Securities Limited. A broker is considered as a mediator between the exchanges and investors and plays a key role in the investing part of any trader so it is quite important to choose a diverse and technical-driven platform. iTradeonline broker provides the facility to invest in .. + " Vs "+ INDmoney |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
iTradeOnline Vs INDmoney - Brokerage charges & Plans
| iTradeOnline | INDmoney | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
iTradeOnline Vs INDmoney - Margin (Exposure)
| iTradeOnline | INDmoney | |
|---|---|---|
| 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 (100% of trade value) | 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) |
iTradeOnline Vs INDmoney - Other Charges
| iTradeOnline | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹20/ Order | ₹50 per position |
| Other Brokerage Charges | ₹20/ Order or 0.03% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
iTradeOnline Vs INDmoney - STT/CTT
| iTradeOnline | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
iTradeOnline Vs INDmoney - Demat transaction charges
| iTradeOnline | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 + GST per scrip only on sell | ₹250/ per certificate |
iTradeOnline Vs INDmoney - GST
| iTradeOnline | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% of (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charge) |
iTradeOnline Vs INDmoney - SEBI Charges
| iTradeOnline | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
iTradeOnline Vs INDmoney - Features
| iTradeOnline | INDmoney | |
|---|---|---|
| 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 & F&O:- 3:15 PM | Currency: 4:40 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.iTrade - (Mobile Trading App) 2.T5 - (Browser-based Trading Website) 3. Trust Power - (Installable Trading Terminal | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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