Quick Comparision (Khandwala Securities VS Definedge Securities)

Khandwala Securities
Khandwala Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Definedge Securities

	Khandwala Securities	Definedge Securities
Single Margin Facility	Yes
Year of Incorporation	1993	2015
Exchanges	NSE, BSE, MCX and NCDEX	NSE, BSE, MCX and NCDEX.
Branches	794	270
Brokerage	Base Plan (NIL) - 0.50 \| Option 1 (Rs.249) - 0.35 \| Option 2 (Rs 499) - 0.25 \| Option 3 (Rs. 999) - 0.18 \| Option 4 (Rs.1999) - 0.15 \| Option 5 (Rs. 2999)- 0.10	₹18 per executed order
Broker Type	Full Service Broker	Discount Broker

	Khandwala Securities	Definedge Securities
Trading Account Opening Charge	Basic Plan - ₹0 (Free) \| Life Time Plan - ₹0 (Free)	₹180
Demat Account Opening Charge	Basic Plan - ₹0 (Free) \| Life Time Plan - ₹0 (Free)	₹0 (Free)
Demat Account AMC	Basic Plan - ₹500 + GST per year (Individual) ₹1000 + GST per Year(Non-Individual) \| Life Time Plan - ₹1700 + GST per year (Individual) ₹5000 + GST per Year(Non-Individual)	₹300
Trading Account AMC	N/A	₹300 AMC

	Khandwala Securities	Definedge Securities
Commodity Futures	Base Plan (NIL) - 0.050 \| Option 1 (Rs.249) - 0.035 \| Option 2 (Rs 499) - 0.025 \| Option 3 (Rs.999) - 0.018 \| Option 4 (Rs.1999) - 0.015 \| Option 5 (Rs.2999)- 0.010	0.03% or ₹18 per executed order whichever is lower
Currency Futures	Base Plan (NIL) - 0.050 \| Option 1 (Rs.249) - 0.035 \| Option 2 (Rs 499) - 0.025 \| Option 3 (Rs.999) - 0.018 \| Option 4 (Rs.1999) - 0.015 \| Option 5 (Rs.2999)- 0.010	0.03% or ₹18 per executed order whichever is lower
Equity Delivery	Base Plan (NIL) - 0.50 \| Option 1 (Rs.249) - 0.35 \| Option 2 (Rs 499) - 0.25 \| Option 3 (Rs. 999) - 0.18 \| Option 4 (Rs.1999) - 0.15 \| Option 5 (Rs. 2999)- 0.10	₹0 (Free)
Equity Options	Base Plan (NIL) - 50 \| Option 1 (Rs.249) - 40 \| Option 2 (Rs 499) - 35 \| Option 3 (Rs.999) - 25 \| Option 4 (Rs.1999) - 20 \| Option 5 (Rs.2999)- 15	₹18 per executed order
Commodity Options	Base Plan (NIL) - 50 \| Option 1 (Rs.249) - 40 \| Option 2 (Rs 499) - 35 \| Option 3 (Rs.999) - 25 \| Option 4 (Rs.1999) - 20 \| Option 5 (Rs.2999)- 15	₹18 per executed order
Equity Futures	Base Plan (NIL) - 0.050 \| Option 1 (Rs.249) - 0.035 \| Option 2 (Rs 499) - 0.025 \| Option 3 (Rs.999) - 0.018 \| Option 4 (Rs.1999) - 0.015 \| Option 5 (Rs.2999)- 0.010	0.03% or ₹18 per executed order whichever is lower
Currency Options	Base Plan (NIL) - 50 \| Option 1 (Rs.249) - 40 \| Option 2 (Rs 499) - 35 \| Option 3 (Rs.999) - 25 \| Option 4 (Rs.1999) - 20 \| Option 5 (Rs.2999)- 15	₹18 per executed order
Fixed Charges	Base Plan (NIL) - 0.50 \| Option 1 (Rs.249) - 0.35 \| Option 2 (Rs 499) - 0.25 \| Option 3 (Rs. 999) - 0.18 \| Option 4 (Rs.1999) - 0.15 \| Option 5 (Rs. 2999)- 0.10	₹18 per executed order
Equity Intraday	Base Plan (NIL) - 0.50 \| Option 1 (Rs.249) - 0.35 \| Option 2 (Rs 499) - 0.25 \| Option 3 (Rs. 999) - 0.18 \| Option 4 (Rs.1999) - 0.15 \| Option 5 (Rs. 2999)- 0.10	0.03% or ₹ 18 per executed order whichever is lower

	Khandwala Securities	Definedge Securities
RMS Square Off Charge	₹50 per order	₹0 (Free)
API Charges	Free API	₹0 (Free)
Call & Trade Charges	Rs. 50 (+ GST)	₹36/- per order
Other Brokerage Charges	Base Plan (NIL) - 0.50 \| Option 1 (Rs.249) - 0.35 \| Option 2 (Rs 499) - 0.25 \| Option 3 (Rs. 999) - 0.18 \| Option 4 (Rs.1999) - 0.15 \| Option 5 (Rs. 2999)- 0.10	₹18 per executed order
Minimum Brokerage	Base Plan (NIL) - 0.50 \| Option 1 (Rs.249) - 0.35 \| Option 2 (Rs 499) - 0.25 \| Option 3 (Rs. 999) - 0.18 \| Option 4 (Rs.1999) - 0.15 \| Option 5 (Rs. 2999)- 0.10	₹18 per executed order

	Khandwala Securities	Definedge Securities
Currency Options	Exchange txn charge: 0.035%	NSE ₹4220/ Cr (0.04220%) \| MCX ₹3220/ Cr (0.03220%) (on premium)
Equity Futures	NSE: 0.0019%	NSE ₹190 per Cr (0.0019%)\| BSE ₹50 per Cr (0.00035) each side
Equity Intraday	NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group)	NSE ₹325/ Cr (0.00325%) \| BSE ₹275/ Cr (0.00275%) (each side)
Equity Options	NSE: 0.05% (on premium)	NSE ₹5000/ Cr (0.05%) \| BSE ₹50/ Cr (0.0005%) (on premium)
Commodity	Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025%	MCX (Non-Agri) ₹230/ Cr (0.0023%) \| MCX (Agri) ₹95/ Cr (0.00095%)
Currency Futures	Exchange txn charge: 0.0009% Clearing charge: .00025%	NSE ₹135/ Cr (0.00135%) \| MCX ₹130/ Cr (0.00130%)
Equity Delivery	NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group)	NSE ₹325/ Cr (0.00325%) \| BSE ₹275/Cr (0.00275%) (each side)

	Khandwala Securities	Definedge Securities
Equity Options	1x (100% of Normal margin (Span + Exposure))	1x (100% of Normal margin (Span + Exposure)
Equity Intraday	5x (Up to 20% of trade value)	5x (Up to 20% of trade value)
Currency Options	1x (100% of Normal margin (Span + Exposure))	1x (100% of Normal margin (Span + Exposure)
Commodity Options	1x (100% of Normal margin (Span + Exposure))	1x (100% of Normal margin (Span + Exposure)
Commodity Futures	1x (100% of Normal margin (Span + Exposure))	1x (100% of Normal margin (Span + Exposure)
Equity Delivery	1x (100% of trade value)	1x (100% of trade value)
Currency Futures	1x (100% of Normal margin (Span + Exposure))	1x (100% of Normal margin (Span + Exposure)
Equity Futures	1x (100% of Normal margin (Span + Exposure))	1x (100% of Normal margin (Span + Exposure)

	Khandwala Securities	Definedge Securities
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 & F&O:- 3:30pm \| Currency: 4:45PM \| Commodities: 11:15 PM	Equity & F&O:- 3:15pm \| Currency:- 4:45 PM \| Commodity:- 11:25 PM
Trading Platform	1.KSL EasyTrade Mobile App, 2. KSL EasyTrade Web Portal, 3. KSL Prive Desktop Software	1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software
SMS Alerts for Trades
Direct Mutual Fund

	Khandwala Securities	Definedge Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

	Khandwala Securities	Definedge Securities

	Khandwala Securities	Definedge Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

	Khandwala Securities	Definedge Securities
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

	Khandwala Securities	Definedge Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

	Khandwala Securities	Definedge Securities
Daily Market Reports & News

	Khandwala Securities	Definedge Securities
Casual Investor
Active Investor
Trader

	Khandwala Securities	Definedge Securities
Pros	1.Wide Range of Financial Products 2.Research and Analysis, 3. Excellent customer service and support, 4. Collaborates with traditional institutions for hybrid solutions, 5. Competitive pricing and low fees. 6.User-Friendly Platform, 7. Competitive Pricing.	1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support.
Cons	1. Limited International Presence 2. Limited Advanced Features 3. Dependency on market conditions and economic factors, 4.Customer Service Concerns 5. Different fintech platforms may not seamlessly work together., 6. Restricted Investment Options.	1. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners.

	Khandwala Securities	Definedge Securities

	Khandwala Securities	Definedge Securities

	Khandwala Securities	Definedge Securities
Commodity Futures	0.01% on sell side (Non-Agri)	0.01% on sell side (Non-Agri)
Currency Futures	No STT	No STT
Equity Intraday	0.025% on the sell side	0.025% on the sell Side
Equity Options	0.0625% on sell side (on premium)	0.05% on sell Side
Currency Options	No STT	No STT
Equity Delivery	0.1% on buy & sell	0.1% on both buy and sell
Equity Futures	0.0125% on sell side	0.01% on sell Side
Commodity Options	0.05% on sell side	0.05% on sell side

	Khandwala Securities	Definedge Securities
Equity Demat Transaction Charges	20 + GST per scrip	₹0 (Free)

	Khandwala Securities	Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO)	18% on (Brokerage + Transaction Charge)	18% (on brokerage + transaction charges)

	Khandwala Securities	Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO)	₹10/Crore	₹10/ Crore

Khandwala Securities

Definedge Securities

Trading Account Opening Charge

Basic Plan - ₹0 (Free) | Life Time Plan - ₹0 (Free)

₹180

Demat Account Opening Charge

Basic Plan - ₹0 (Free) | Life Time Plan - ₹0 (Free)

₹0 (Free)

Demat Account AMC

Basic Plan - ₹500 + GST per year (Individual) ₹1000 + GST per Year(Non-Individual) | Life Time Plan - ₹1700 + GST per year (Individual) ₹5000 + GST per Year(Non-Individual)

₹300

Trading Account AMC

N/A

₹300 AMC

	Khandwala Securities	Definedge Securities
	Khandwala Securities Account Opening Process and Required Document Details Read more..	Definedge Securities Review \| Account Charges, Brokerage, and Trading Platforms Read more..

	Account Opening Demat Account Complaints Review Trading Software Mobile App Mutual Fund IPO Brokerage Exposure Branches NRI Account	Review Account Opening Demat Account Trading Software Mobile App NRI Account Branches Complaints Mutual Fund Brokerage Exposure IPO

Definedge Securities

	Khandwala Securities	Definedge Securities
Commodity Futures	Base Plan (NIL) - 0.050 \| Option 1 (Rs.249) - 0.035 \| Option 2 (Rs 499) - 0.025 \| Option 3 (Rs.999) - 0.018 \| Option 4 (Rs.1999) - 0.015 \| Option 5 (Rs.2999)- 0.010	0.03% or ₹18 per executed order whichever is lower
Currency Futures	Base Plan (NIL) - 0.050 \| Option 1 (Rs.249) - 0.035 \| Option 2 (Rs 499) - 0.025 \| Option 3 (Rs.999) - 0.018 \| Option 4 (Rs.1999) - 0.015 \| Option 5 (Rs.2999)- 0.010	0.03% or ₹18 per executed order whichever is lower
Equity Delivery	Base Plan (NIL) - 0.50 \| Option 1 (Rs.249) - 0.35 \| Option 2 (Rs 499) - 0.25 \| Option 3 (Rs. 999) - 0.18 \| Option 4 (Rs.1999) - 0.15 \| Option 5 (Rs. 2999)- 0.10	₹0 (Free)
Equity Options	Base Plan (NIL) - 50 \| Option 1 (Rs.249) - 40 \| Option 2 (Rs 499) - 35 \| Option 3 (Rs.999) - 25 \| Option 4 (Rs.1999) - 20 \| Option 5 (Rs.2999)- 15	₹18 per executed order
Commodity Options	Base Plan (NIL) - 50 \| Option 1 (Rs.249) - 40 \| Option 2 (Rs 499) - 35 \| Option 3 (Rs.999) - 25 \| Option 4 (Rs.1999) - 20 \| Option 5 (Rs.2999)- 15	₹18 per executed order
Equity Futures	Base Plan (NIL) - 0.050 \| Option 1 (Rs.249) - 0.035 \| Option 2 (Rs 499) - 0.025 \| Option 3 (Rs.999) - 0.018 \| Option 4 (Rs.1999) - 0.015 \| Option 5 (Rs.2999)- 0.010	0.03% or ₹18 per executed order whichever is lower
Currency Options	Base Plan (NIL) - 50 \| Option 1 (Rs.249) - 40 \| Option 2 (Rs 499) - 35 \| Option 3 (Rs.999) - 25 \| Option 4 (Rs.1999) - 20 \| Option 5 (Rs.2999)- 15	₹18 per executed order
Fixed Charges	Base Plan (NIL) - 0.50 \| Option 1 (Rs.249) - 0.35 \| Option 2 (Rs 499) - 0.25 \| Option 3 (Rs. 999) - 0.18 \| Option 4 (Rs.1999) - 0.15 \| Option 5 (Rs. 2999)- 0.10	₹18 per executed order
Equity Intraday	Base Plan (NIL) - 0.50 \| Option 1 (Rs.249) - 0.35 \| Option 2 (Rs 499) - 0.25 \| Option 3 (Rs. 999) - 0.18 \| Option 4 (Rs.1999) - 0.15 \| Option 5 (Rs. 2999)- 0.10	0.03% or ₹ 18 per executed order whichever is lower

	Khandwala Securities	Definedge Securities
Equity Options	1x (100% of Normal margin (Span + Exposure))	1x (100% of Normal margin (Span + Exposure)
Equity Intraday	5x (Up to 20% of trade value)	5x (Up to 20% of trade value)
Currency Options	1x (100% of Normal margin (Span + Exposure))	1x (100% of Normal margin (Span + Exposure)
Commodity Options	1x (100% of Normal margin (Span + Exposure))	1x (100% of Normal margin (Span + Exposure)
Commodity Futures	1x (100% of Normal margin (Span + Exposure))	1x (100% of Normal margin (Span + Exposure)
Equity Delivery	1x (100% of trade value)	1x (100% of trade value)
Currency Futures	1x (100% of Normal margin (Span + Exposure))	1x (100% of Normal margin (Span + Exposure)
Equity Futures	1x (100% of Normal margin (Span + Exposure))	1x (100% of Normal margin (Span + Exposure)

	Khandwala Securities	Definedge Securities
RMS Square Off Charge	₹50 per order	₹0 (Free)
API Charges	Free API	₹0 (Free)
Call & Trade Charges	Rs. 50 (+ GST)	₹36/- per order
Other Brokerage Charges	Base Plan (NIL) - 0.50 \| Option 1 (Rs.249) - 0.35 \| Option 2 (Rs 499) - 0.25 \| Option 3 (Rs. 999) - 0.18 \| Option 4 (Rs.1999) - 0.15 \| Option 5 (Rs. 2999)- 0.10	₹18 per executed order
Minimum Brokerage	Base Plan (NIL) - 0.50 \| Option 1 (Rs.249) - 0.35 \| Option 2 (Rs 499) - 0.25 \| Option 3 (Rs. 999) - 0.18 \| Option 4 (Rs.1999) - 0.15 \| Option 5 (Rs. 2999)- 0.10	₹18 per executed order

	Khandwala Securities	Definedge Securities
Commodity Futures	0.01% on sell side (Non-Agri)	0.01% on sell side (Non-Agri)
Currency Futures	No STT	No STT
Equity Intraday	0.025% on the sell side	0.025% on the sell Side
Equity Options	0.0625% on sell side (on premium)	0.05% on sell Side
Currency Options	No STT	No STT
Equity Delivery	0.1% on buy & sell	0.1% on both buy and sell
Equity Futures	0.0125% on sell side	0.01% on sell Side
Commodity Options	0.05% on sell side	0.05% on sell side

	Khandwala Securities	Definedge Securities
Equity Demat Transaction Charges	20 + GST per scrip	₹0 (Free)

	Khandwala Securities	Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO)	18% on (Brokerage + Transaction Charge)	18% (on brokerage + transaction charges)

	Khandwala Securities	Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO)	₹10/Crore	₹10/ Crore

	Khandwala Securities	Definedge Securities
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 & F&O:- 3:30pm \| Currency: 4:45PM \| Commodities: 11:15 PM	Equity & F&O:- 3:15pm \| Currency:- 4:45 PM \| Commodity:- 11:25 PM
Trading Platform	1.KSL EasyTrade Mobile App, 2. KSL EasyTrade Web Portal, 3. KSL Prive Desktop Software	1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software
SMS Alerts for Trades
Direct Mutual Fund

Zerodha

India's Largest Broker

Equity Delivery Free

Advanced Trading Platforms

Account Opening ₹200/-

Call Back Open Account

Alice Blue

Low Brokerage

FNO @ ₹15/Order

Free Trading Software

Free API Access

Call Back Open Account

Upstox

Free Account Opening

Flat ₹20 Brokerage

Free Technical Software

Backed by Ratan Tata Ji

Call Back Open Account

Angel One

Free Account Opening

Flat ₹20 Brokerage

Free Equity Delivery

Ultra-fast Digital Platform

Call Back Open Account

5Paisa

Various Brokerage Plans

Flat ₹20 Brokerage

Free Technical Software

Free Research Services

Call Back Open Account

Fyers

Free Equity Delivery

Intraday at ₹20/Order

Advanced Charting

Life Time Free AMC

Call Back Open Account

Stoxkart

No Profit No Brokerage

Free Equity Delivery

Brokerage of Flat ₹15/Trade

We earn only when you do

Call Back Open Account

ProfitMart

Free Account Opening

₹20/ Order

Free API Access

FREE Advanced Terminal

Call Back Open Account

Zebu Trade

Free Technical Software

Free API Access

Low Brokerage

Faster Payouts

Call Back Open Account

Flattrade

Free Account Opening

Decent Customer Services

Free Technical Software

Zero Brokerage in All Segments

Call Back Open Account

IIFL Securities

Free Research Reports

₹20/Order

₹0 AMC for 1st Year.

Free Research Services

Call Back Open Account

Kotak Securities

Various Types of Account

Free Account Opening

Flat ₹20/Order Brokerage

Zero Brokerage on Intraday

Call Back Open Account

ICICI Direct

Free Trading Account

Zero brokerage charges

Low Brokerage

Access to Award-winning research

Call Back Open Account

Sharekhan

International Presence

Free Account Opening

Open Account in Just 15 mins

Various Brokerage Slabs

Call Back Open Account

Paytm Money

Zero Account Opening

No Hidden Charges

Research Facility

Lowest Trading Charges

Call Back Open Account

Goodwill Commodities

₹11/ Order

Free Account Opening

Best Charting Software

Call Back Open Account

Groww

Growing Discount Broker

No Hidden Charges

No Transaction Charges in MF

₹20/ Order

Call Back Open Account

Samco

Growing Discount Broker

Free Account Opening

Instant Online Account

₹20/ Order

Call Back Open Account

Bajaj Finserve

Free Account Opening

Innovated Fixed Deposit

AMC Waived for 1 year

Free Advisory Services

Call Back Open Account

Finvasia

₹0 Brokerage on Trading

Free Account Opening

Commission Free Broker

Free Call & Trade

Call Back Open Account

SMC Global

International Presence

Competitive brokerage rates

Free Account Opening

Free Research Services

Call Back Open Account

FundsIndia

Free Investment Guidance

MF | Equities | F&O | NPS & more

Best in-Class Research

Free Account Opening

Call Back Open Account

mStock

Best Discount Broker

Margin Trading Facility

Advance Trading Platform

Provides Technical Analysis

Call Back Open Account

Rupeezy

Indian Stock Broker

Advance Trading Platform

Free Demat Account Opening

Call Back Open Account

GarvThakur.com

Quick Comparision (Khandwala Securities VS Definedge Securities)

Khandwala Securities Vs Definedge Securities

Khandwala Securities Vs Definedge Securities - Broker Details

Khandwala Securities Vs Definedge Securities - Account Opening & AMC Charges

Khandwala Securities Vs Definedge Securities - Brokerage charges & Plans

Khandwala Securities Vs Definedge Securities - Other Charges

Khandwala Securities Vs Definedge Securities - Transaction Charges

Khandwala Securities Vs Definedge Securities - Margin (Exposure)

Khandwala Securities Vs Definedge Securities - Features

Khandwala Securities Vs Definedge Securities - Review & Rating

Khandwala Securities Vs Definedge Securities - Request a call back from Broker

Khandwala Securities Vs Definedge Securities - Investment Options

Khandwala Securities Vs Definedge Securities - Order Type

Khandwala Securities Vs Definedge Securities - Research & Report

Khandwala Securities Vs Definedge Securities - Daily Market Report

Khandwala Securities Vs Definedge Securities - Suitable For Investor

Khandwala Securities Vs Definedge Securities - Pros & Cons

Khandwala Securities Vs Definedge Securities - Background

Khandwala Securities Vs Definedge Securities - Compare All Brokers

Khandwala Securities Vs Definedge Securities - STT/CTT

Khandwala Securities Vs Definedge Securities - Demat transaction charges

Khandwala Securities Vs Definedge Securities - GST

Khandwala Securities Vs Definedge Securities - SEBI Charges

Khandwala Securities Vs Definedge Securities - Account Opening & AMC Charges

Khandwala Securities Vs Definedge Securities

Khandwala Securities Account Opening Process and Required Document Details

Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms

Khandwala Securities Vs Definedge Securities - Brokerage charges & Plans

Khandwala Securities Vs Definedge Securities - Margin (Exposure)

Khandwala Securities Vs Definedge Securities - Other Charges

Khandwala Securities Vs Definedge Securities - STT/CTT

Khandwala Securities Vs Definedge Securities - Demat transaction charges

Khandwala Securities Vs Definedge Securities - GST

Khandwala Securities Vs Definedge Securities - SEBI Charges

Khandwala Securities Vs Definedge Securities - Features

Khandwala Securities

Definedge Securities