Maitra Vs Definedge Securities
Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Definedge Securities
Maitra Vs Definedge Securities - Broker Details
| Maitra | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 2015 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX. |
| Branches | N/A | 270 |
| Brokerage | ₹5/Lot Or ₹20/Order | ₹18 per executed order |
| Broker Type | Full Service Broker | Discount Broker |
Maitra Vs Definedge Securities - Account Opening & AMC Charges
| Maitra | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹400 + 18% GST | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
Maitra Vs Definedge Securities - Brokerage charges & Plans
| Maitra | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹5/Lot Or ₹20/Order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹18 per executed order |
| Commodity Options | ₹5/Lot Or ₹20/Order | ₹18 per executed order |
| Equity Futures | ₹5/Lot Or ₹20/Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹18 per executed order |
| Fixed Charges | ₹5/Lot Or ₹20/Order | ₹18 per executed order |
| Equity Intraday | ₹5/Lot Or ₹20/Order | 0.03% or ₹ 18 per executed order whichever is lower |
Maitra Vs Definedge Securities - Other Charges
| Maitra | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹36/- per order |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | ₹18 per executed order |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | ₹18 per executed order |
Maitra Vs Definedge Securities - Transaction Charges
| Maitra | Definedge Securities | |
|---|---|---|
| Currency Options | 0.053% | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | 0.0019% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | 0.00325% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | 0.05% | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | 0.0026% | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | 0.0026% | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | 0.00325% | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Maitra Vs Definedge Securities - Margin (Exposure)
| Maitra | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML 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 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 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 (100% of Normal margin (Span + Exposure) |
Maitra Vs Definedge Securities - Features
| Maitra | Definedge Securities | |
|---|---|---|
| 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Maitra Vs Definedge Securities - Review & Rating
| Maitra | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Maitra Vs Definedge Securities - Request a call back from Broker
| Maitra | Definedge Securities | |
|---|---|---|
Maitra Vs Definedge Securities - Investment Options
| Maitra | Definedge Securities | |
|---|---|---|
| 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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Maitra Vs Definedge Securities - Order Type
| Maitra | Definedge Securities | |
|---|---|---|
| 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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Maitra Vs Definedge Securities - Research & Report
| Maitra | Definedge Securities | |
|---|---|---|
| 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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Maitra Vs Definedge Securities - Daily Market Report
| Maitra | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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Maitra Vs Definedge Securities - Suitable For Investor
| Maitra | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Maitra Vs Definedge Securities - Pros & Cons
| Maitra | Definedge Securities | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra 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. 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 Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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. |
Maitra Vs Definedge Securities - Background
| Maitra | Definedge Securities | |
|---|---|---|
Maitra Vs Definedge Securities - Compare All Brokers
| Maitra | Definedge Securities | |
|---|---|---|
Maitra Vs Definedge Securities - STT/CTT
| Maitra | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% | 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 | 0.05% | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Maitra Vs Definedge Securities - Demat transaction charges
| Maitra | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹0 (Free) |
Maitra Vs Definedge Securities - GST
| Maitra | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Maitra Vs Definedge Securities - SEBI Charges
| Maitra | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Maitra Vs Definedge Securities - Account Opening & AMC Charges
Maitra
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 + 18% GST
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Maitra Vs Definedge Securities
| Maitra | Definedge Securities | |
|---|---|---|
Maitra Account Opening Process, Charges, and Required Documents Details |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Maitra Vs Definedge Securities - Brokerage charges & Plans
| Maitra | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹5/Lot Or ₹20/Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹5/Lot Or ₹20/Order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹5/Lot Or ₹20/Order | ₹0 (Free) |
| Equity Options | ₹5/Lot Or ₹20/Order | ₹18 per executed order |
| Commodity Options | ₹5/Lot Or ₹20/Order | ₹18 per executed order |
| Equity Futures | ₹5/Lot Or ₹20/Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹5/Lot Or ₹20/Order | ₹18 per executed order |
| Fixed Charges | ₹5/Lot Or ₹20/Order | ₹18 per executed order |
| Equity Intraday | ₹5/Lot Or ₹20/Order | 0.03% or ₹ 18 per executed order whichever is lower |
Maitra Vs Definedge Securities - Margin (Exposure)
| Maitra | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML 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 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 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 (100% of Normal margin (Span + Exposure) |
Maitra Vs Definedge Securities - Other Charges
| Maitra | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹36/- per order |
| Other Brokerage Charges | ₹5/Lot Or ₹20/Order | ₹18 per executed order |
| Minimum Brokerage | ₹5/Lot Or ₹20/Order | ₹18 per executed order |
Maitra Vs Definedge Securities - STT/CTT
| Maitra | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% | 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 | 0.05% | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Maitra Vs Definedge Securities - Demat transaction charges
| Maitra | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹0 (Free) |
Maitra Vs Definedge Securities - GST
| Maitra | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Maitra Vs Definedge Securities - SEBI Charges
| Maitra | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Maitra Vs Definedge Securities - Features
| Maitra | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
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