Sushil Finance Vs INDmoney
Sushil Finance
Sushil Finance Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer 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
Sushil Finance Vs INDmoney - Broker Details
| Sushil Finance | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1982 | 2019 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | 367 | 966 |
| Brokerage | 0.03% | 0.05% or up to ₹20/Per Order |
| Broker Type | Full Service Broker | Discount Broker |
Sushil Finance Vs INDmoney - Account Opening & AMC Charges
| Sushil Finance | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 + GST per year | ₹0 (Free) |
| Trading Account AMC | NA | ₹0 (Free) |
Sushil Finance Vs INDmoney - Brokerage charges & Plans
| Sushil Finance | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | 0.03% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 0.35% | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹60 per lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | N/A | N/A |
| Equity Futures | 0.03% | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹60 per lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 0.03% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.03% | 0.05% or up to ₹20/Per Order |
Sushil Finance Vs INDmoney - Other Charges
| Sushil Finance | 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 | 0.03% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 0.03% | 0.05% or up to ₹20/Per Order |
Sushil Finance Vs INDmoney - Transaction Charges
| Sushil Finance | INDmoney | |
|---|---|---|
| Currency Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE: 0.053% on premium value |
| Commodity | N/A | 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:200 Per Cr | BSE:FREE | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE - 0.00325% | BSE- 0.00375% |
Sushil Finance Vs INDmoney - Margin (Exposure)
| Sushil Finance | 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 (no margin) | 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) |
Sushil Finance Vs INDmoney - Features
| Sushil Finance | 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:- 3:20pm | Currency: 4:15 PM | Commodities: 11:25 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Sushil Connect mobile app, 2. Sushil MF mutual fund app, 3. Swift Web Platform, 4. Sushil Finance Power Trade, 5. Savshare mobile trading app | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Sushil Finance Vs INDmoney - Review & Rating
| Sushil Finance | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Sushil Finance Vs INDmoney - Request a call back from Broker
| Sushil Finance | INDmoney | |
|---|---|---|
Sushil Finance Vs INDmoney - Investment Options
| Sushil Finance | 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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Sushil Finance Vs INDmoney - Order Type
| Sushil Finance | 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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Sushil Finance Vs INDmoney - Research & Report
| Sushil Finance | 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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Sushil Finance Vs INDmoney - Daily Market Report
| Sushil Finance | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Sushil Finance Vs INDmoney - Suitable For Investor
| Sushil Finance | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Sushil Finance Vs INDmoney - Pros & Cons
| Sushil Finance | INDmoney | |
|---|---|---|
| Pros | 1. Sushil Finance might offer a wide range of investment 2.Real-time market data and analysis tools. 3. It provides education facility to its customers. 4. It avails its customers with refer and earn program. 5. Effective customer support 6. Market and historical data available. | 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. Nonavailability of 3-in-1 account 2.Limited trading tools and advanced features. 3. Sushil Finance charges high fees for their services 4. Higher minimum deposit requirements. 5. The call and trade are present at an additional fee. | 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. |
Sushil Finance Vs INDmoney - Background
| Sushil Finance | INDmoney | |
|---|---|---|
Sushil Finance Vs INDmoney - Compare All Brokers
| Sushil Finance | INDmoney | |
|---|---|---|
Sushil Finance Vs INDmoney - STT/CTT
| Sushil Finance | 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 | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Sushil Finance Vs INDmoney - Demat transaction charges
| Sushil Finance | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹250/ per certificate |
Sushil Finance Vs INDmoney - GST
| Sushil Finance | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Sushil Finance Vs INDmoney - SEBI Charges
| Sushil Finance | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Sushil Finance Vs INDmoney - Account Opening & AMC Charges
Sushil Finance
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 + GST per year
₹0 (Free)
Trading Account AMC
NA
₹0 (Free)
Sushil Finance Vs INDmoney
| Sushil Finance | INDmoney | |
|---|---|---|
Sushil Finance Account Opening Charges and Required Documents Details |
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
Sushil Finance Vs INDmoney - Brokerage charges & Plans
| Sushil Finance | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | 0.03% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 0.35% | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹60 per lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | N/A | N/A |
| Equity Futures | 0.03% | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹60 per lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 0.03% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.03% | 0.05% or up to ₹20/Per Order |
Sushil Finance Vs INDmoney - Margin (Exposure)
| Sushil Finance | 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 (no margin) | 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) |
Sushil Finance Vs INDmoney - Other Charges
| Sushil Finance | 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 | 0.03% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 0.03% | 0.05% or up to ₹20/Per Order |
Sushil Finance Vs INDmoney - STT/CTT
| Sushil Finance | 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 | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Sushil Finance Vs INDmoney - Demat transaction charges
| Sushil Finance | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹250/ per certificate |
Sushil Finance Vs INDmoney - GST
| Sushil Finance | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Sushil Finance Vs INDmoney - SEBI Charges
| Sushil Finance | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Sushil Finance Vs INDmoney - Features
| Sushil Finance | INDmoney | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:15 PM | Commodities: 11:25 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Sushil Connect mobile app, 2. Sushil MF mutual fund app, 3. Swift Web Platform, 4. Sushil Finance Power Trade, 5. Savshare mobile trading app | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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