Maverick Vs FundsIndia
Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Maverick Vs FundsIndia - Broker Details
| Maverick | FundsIndia | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 2009 |
| Exchanges | NSE, BSE, MCX and NCDEX | Sebi |
| Branches | N/A | Zero |
| Brokerage | 0.01% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Broker Type | Full Service Broker | Full Service Broker |
| Call Back Open Account |
Maverick Vs FundsIndia - Account Opening & AMC Charges
| Maverick | FundsIndia | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 per year | ₹999 for Lifetime | ₹200 /-(Service Tax) 2nd Year onwards |
| Trading Account AMC | NA | N/A |
| Call Back Open Account |
Maverick Vs FundsIndia - Brokerage charges & Plans
| Maverick | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.01% per order | N/A |
| Currency Futures | 0.01% per order | N/A |
| Equity Delivery | 0.1% per order | 0.01% |
| Equity Options | Rs. 10 per lot | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Commodity Options | Rs. 10 per lot | N/A |
| Equity Futures | 0.01% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Currency Options | Rs. 10 per lot | N/A |
| Fixed Charges | 0.01% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Equity Intraday | 0.01% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Call Back Open Account |
Maverick Vs FundsIndia - Other Charges
| Maverick | FundsIndia | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20/Order | N/A |
| Other Brokerage Charges | 0.01% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Minimum Brokerage | 0.01% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Call Back Open Account |
Maverick Vs FundsIndia - Transaction Charges
| Maverick | FundsIndia | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035%e | N/A |
| Equity Futures | NSE: 0.0019% | 0.0035% on turnover |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | 0.0035% on turnover |
| Equity Options | NSE: 0.05% (on premium) | 0.0035% on turnover |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | N/A |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | N/A |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | 0.1% on the transaction amount |
| Call Back Open Account |
Maverick Vs FundsIndia - Margin (Exposure)
| Maverick | FundsIndia | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Maverick Vs FundsIndia - Features
| Maverick | FundsIndia | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. |
| Trading Platform | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Maverick Vs FundsIndia - Review & Rating
| Maverick | FundsIndia | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Maverick Vs FundsIndia - Request a call back from Broker
| Maverick | FundsIndia | |
|---|---|---|
| Call Back Open Account |
Maverick Vs FundsIndia - Investment Options
| Maverick | FundsIndia | |
|---|---|---|
| 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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| Call Back Open Account |
Maverick Vs FundsIndia - Order Type
| Maverick | FundsIndia | |
|---|---|---|
| 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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| Call Back Open Account |
Maverick Vs FundsIndia - Research & Report
| Maverick | FundsIndia | |
|---|---|---|
| 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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| Call Back Open Account |
Maverick Vs FundsIndia - Daily Market Report
| Maverick | FundsIndia | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Maverick Vs FundsIndia - Suitable For Investor
| Maverick | FundsIndia | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Maverick Vs FundsIndia - Pros & Cons
| Maverick | FundsIndia | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. | 1.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. |
| Cons | 1. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. | 1.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. |
| Call Back Open Account |
Maverick Vs FundsIndia - Background
| Maverick | FundsIndia | |
|---|---|---|
| Call Back Open Account |
Maverick Vs FundsIndia - Compare All Brokers
| Maverick | FundsIndia | |
|---|---|---|
| Call Back Open Account |
Maverick Vs FundsIndia - STT/CTT
| Maverick | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | N/A |
| 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(on Premium) |
| Currency Options | No STT | N/A |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | N/A |
| Call Back Open Account |
Maverick Vs FundsIndia - Demat transaction charges
| Maverick | FundsIndia | |
|---|---|---|
| Equity Demat Transaction Charges | Rs.20 /- | ₹15 + Gst per scrip only on sell |
| Call Back Open Account |
Maverick Vs FundsIndia - GST
| Maverick | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Maverick Vs FundsIndia - SEBI Charges
| Maverick | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Maverick Vs FundsIndia - Account Opening & AMC Charges
Maverick
FundsIndia
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 per year | ₹999 for Lifetime
₹200 /-(Service Tax) 2nd Year onwards
Trading Account AMC
NA
N/A
Maverick Vs FundsIndia
| Maverick | FundsIndia | |
|---|---|---|
Maverick Account Opening Process and Charges Detail |
FundsIndia Review 2024FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm .. |
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FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Maverick Vs FundsIndia - Brokerage charges & Plans
| Maverick | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.01% per order | N/A |
| Currency Futures | 0.01% per order | N/A |
| Equity Delivery | 0.1% per order | 0.01% |
| Equity Options | Rs. 10 per lot | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Commodity Options | Rs. 10 per lot | N/A |
| Equity Futures | 0.01% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Currency Options | Rs. 10 per lot | N/A |
| Fixed Charges | 0.01% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Equity Intraday | 0.01% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Call Back Open Account |
Maverick Vs FundsIndia - Margin (Exposure)
| Maverick | FundsIndia | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Maverick Vs FundsIndia - Other Charges
| Maverick | FundsIndia | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20/Order | N/A |
| Other Brokerage Charges | 0.01% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
| Minimum Brokerage | 0.01% per order | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 |
Maverick Vs FundsIndia - STT/CTT
| Maverick | FundsIndia | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | N/A |
| 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(on Premium) |
| Currency Options | No STT | N/A |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | N/A |
Maverick Vs FundsIndia - Demat transaction charges
| Maverick | FundsIndia | |
|---|---|---|
| Equity Demat Transaction Charges | Rs.20 /- | ₹15 + Gst per scrip only on sell |
Maverick Vs FundsIndia - GST
| Maverick | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Maverick Vs FundsIndia - SEBI Charges
| Maverick | FundsIndia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maverick Vs FundsIndia - Features
| Maverick | FundsIndia | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. |
| Trading Platform | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |