Motisons Shares Vs INDmoney
Motisons Shares
Motisons Shares Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI accounts, Branches, and Complaints
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Motisons Shares Vs INDmoney - Broker Details
| Motisons Shares | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1997 | 2019 |
| Exchanges | BSE, NSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | N/A | 966 |
| Brokerage | Upto 2.5% | 0.05% or up to ₹20/Per Order |
| Broker Type | Discount Broker | Discount Broker |
Motisons Shares Vs INDmoney - Account Opening & AMC Charges
| Motisons Shares | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 + GST per year | ₹0 (Free) |
| Trading Account AMC | NA | ₹0 (Free) |
Motisons Shares Vs INDmoney - Brokerage charges & Plans
| Motisons Shares | INDmoney | |
|---|---|---|
| Commodity Futures | Upto 2.5% | N/A |
| Currency Futures | Upto 2.5% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | Upto 2.5% | 0.05% or up to ₹20/Per Order |
| Equity Options | Upto 2.5% | 0.05% or up to ₹20/Per Order |
| Commodity Options | Upto 2.5% | N/A |
| Equity Futures | Upto 2.5% | 0.05% or up to ₹20/Per Order |
| Currency Options | Upto 2.5% | 0.05% or up to ₹20/Per Order |
| Fixed Charges | Upto 2.5% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | Upto 2.5% | 0.05% or up to ₹20/Per Order |
Motisons Shares Vs INDmoney - Other Charges
| Motisons Shares | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹50 per position |
| Other Brokerage Charges | Upto 2.5% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | Upto 2.5% | 0.05% or up to ₹20/Per Order |
Motisons Shares Vs INDmoney - Transaction Charges
| Motisons Shares | INDmoney | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE: 0.053% on Premium value | NSE: 0.053% on premium value |
| 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 Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | 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: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE - 0.00325% | BSE- 0.00375% |
Motisons Shares Vs INDmoney - Margin (Exposure)
| Motisons Shares | 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) | 1x (100% of NRML margin (Span + Exposure) |
Motisons Shares Vs INDmoney - Features
| Motisons Shares | 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Motimoney Mobile App, 2. Motisons Web Portal, 3. Motisons ODIN-Diet Software | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Motisons Shares Vs INDmoney - Review & Rating
| Motisons Shares | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Motisons Shares Vs INDmoney - Request a call back from Broker
| Motisons Shares | INDmoney | |
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Motisons Shares Vs INDmoney - Investment Options
| Motisons Shares | INDmoney | |
|---|---|---|
| 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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Motisons Shares Vs INDmoney - Order Type
| Motisons Shares | 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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Motisons Shares Vs INDmoney - Research & Report
| Motisons Shares | 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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Motisons Shares Vs INDmoney - Daily Market Report
| Motisons Shares | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Motisons Shares Vs INDmoney - Suitable For Investor
| Motisons Shares | INDmoney | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Motisons Shares Vs INDmoney - Pros & Cons
| Motisons Shares | INDmoney | |
|---|---|---|
| Pros | 1. User-friendly interface 2. Wide range of investment options 3. Competitive brokerage rates 4. Research and analysis tools 5. Seamless trading experience 6. Strong customer support 7. Advanced trading platforms. | 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. Limited global market access 2. High fees for certain services 3. Lack of personalized investment advice 4. Limited customer support options 5. Possible technical glitches or system downtime 6. Potential for delays in order execution 7. Limited availability of certain investment products or asset classes 8. Relatively smaller user base compared to larger brokerage firms. | 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. |
Motisons Shares Vs INDmoney - Background
| Motisons Shares | INDmoney | |
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Motisons Shares Vs INDmoney - Compare All Brokers
| Motisons Shares | INDmoney | |
|---|---|---|
Motisons Shares Vs INDmoney - STT/CTT
| Motisons Shares | 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 both Buy and 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 |
Motisons Shares Vs INDmoney - Demat transaction charges
| Motisons Shares | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per order | ₹250/ per certificate |
Motisons Shares Vs INDmoney - GST
| Motisons Shares | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Motisons Shares Vs INDmoney - SEBI Charges
| Motisons Shares | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Motisons Shares Vs INDmoney - Account Opening & AMC Charges
Motisons Shares
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 + GST per year
₹0 (Free)
Trading Account AMC
NA
₹0 (Free)
Motisons Shares Vs INDmoney
| Motisons Shares | INDmoney | |
|---|---|---|
Motisons Shares Account Opening Process and Required Documents |
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
Motisons Shares Vs INDmoney - Brokerage charges & Plans
| Motisons Shares | INDmoney | |
|---|---|---|
| Commodity Futures | Upto 2.5% | N/A |
| Currency Futures | Upto 2.5% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | Upto 2.5% | 0.05% or up to ₹20/Per Order |
| Equity Options | Upto 2.5% | 0.05% or up to ₹20/Per Order |
| Commodity Options | Upto 2.5% | N/A |
| Equity Futures | Upto 2.5% | 0.05% or up to ₹20/Per Order |
| Currency Options | Upto 2.5% | 0.05% or up to ₹20/Per Order |
| Fixed Charges | Upto 2.5% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | Upto 2.5% | 0.05% or up to ₹20/Per Order |
Motisons Shares Vs INDmoney - Margin (Exposure)
| Motisons Shares | 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) | 1x (100% of NRML margin (Span + Exposure) |
Motisons Shares Vs INDmoney - Other Charges
| Motisons Shares | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹50 per position |
| Other Brokerage Charges | Upto 2.5% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | Upto 2.5% | 0.05% or up to ₹20/Per Order |
Motisons Shares Vs INDmoney - STT/CTT
| Motisons Shares | 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 both Buy and 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 |
Motisons Shares Vs INDmoney - Demat transaction charges
| Motisons Shares | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per order | ₹250/ per certificate |
Motisons Shares Vs INDmoney - GST
| Motisons Shares | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Motisons Shares Vs INDmoney - SEBI Charges
| Motisons Shares | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Motisons Shares Vs INDmoney - Features
| Motisons Shares | INDmoney | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Motimoney Mobile App, 2. Motisons Web Portal, 3. Motisons ODIN-Diet Software | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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