Trustline Vs INDmoney
Trustline
Trustline Review gives an overall view and updates about the Trustline Brokerage Charges, Trustline Margin, Trustline Trading Software 2024, Trustline Demat Account Charges and it also gives an overview on Trustline NRI Account, Trustline Branches, Trustline Customer Complaints, Trustline Presence in India, Trustline Research and Recommendation Facility as well as offers a wide range of financial products through Indira Securities website and mobile application
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Trustline Vs INDmoney - Broker Details
| Trustline | INDmoney | |
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| Single Margin Facility |
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| Year of Incorporation | 1995 | 2019 |
| Exchanges | BSE, NSE, MCX, NCDEX | NSE, BSE and MCX |
| Branches | 400+ | 966 |
| Brokerage | ₹20/Order | 0.05% or up to ₹20/Per Order |
| Broker Type | Full Service Broker | Discount Broker |
Trustline Vs INDmoney - Account Opening & AMC Charges
| Trustline | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹590/- (Lifetime) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Trustline Vs INDmoney - Brokerage charges & Plans
| Trustline | INDmoney | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹20/Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20/Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20/Order or 0.03% (whichever is lower) | N/A |
| Equity Futures | ₹20/Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹20/Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20/Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
Trustline Vs INDmoney - Other Charges
| Trustline | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20/ Order | ₹50 per position |
| Other Brokerage Charges | ₹20/Order or 0.03% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/Order | 0.05% or up to ₹20/Per Order |
Trustline Vs INDmoney - Transaction Charges
| Trustline | INDmoney | |
|---|---|---|
| Currency Options | NSE ₹4000/Cr (on premium) (0.04%) | BSE ₹1500 | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE ₹190/Cr (0.0019%) | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE ₹325/Cr | BSE ₹1.5/Trade (each side) | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE ₹5000/Cr (0.05%) | NSE: 0.053% on premium value |
| Commodity | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) | 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 ₹90/Cr (0.0009%) | BSE ₹18/Cr (0.00018%) | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE ₹325/Cr | BSE ₹1.5/Trade (each side) | NSE - 0.00325% | BSE- 0.00375% |
Trustline Vs INDmoney - Margin (Exposure)
| Trustline | 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) |
Trustline Vs INDmoney - Features
| Trustline | 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: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.T5 Web- Website Trading Platform 2.Trust Power- Desktop Trading Software 3.Trust Mobile- Mobile Trading Power | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Trustline Vs INDmoney - Review & Rating
| Trustline | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Trustline Vs INDmoney - Request a call back from Broker
| Trustline | INDmoney | |
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Trustline Vs INDmoney - Investment Options
| Trustline | INDmoney | |
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| 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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Trustline Vs INDmoney - Order Type
| Trustline | 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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Trustline Vs INDmoney - Research & Report
| Trustline | 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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Trustline Vs INDmoney - Daily Market Report
| Trustline | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Trustline Vs INDmoney - Suitable For Investor
| Trustline | INDmoney | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Trustline Vs INDmoney - Pros & Cons
| Trustline | INDmoney | |
|---|---|---|
| Pros | 1.Trustline Securities is a financial services provider since 1989. The broker has over 400 branches. 2.After trading hours and GTC orders are available. 3.Online customers get free trading software’s including Website, Mobile App and Trading Terminal. 4.No extra charges for intraday or expiry positions closed by the broker 5.Advance order types i.e. Cover Orders are available to all customers. | 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.It does not provide a three-in one demat account. 2.Trading API's are not available to retail customers. 3.Higher demat changes in comparison to other discount brokers. | 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. |
Trustline Vs INDmoney - Background
| Trustline | INDmoney | |
|---|---|---|
Trustline Vs INDmoney - Compare All Brokers
| Trustline | INDmoney | |
|---|---|---|
Trustline Vs INDmoney - STT/CTT
| Trustline | 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 buy & 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 |
Trustline Vs INDmoney - Demat transaction charges
| Trustline | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹250/ per certificate |
Trustline Vs INDmoney - GST
| Trustline | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% of (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charge) |
Trustline Vs INDmoney - SEBI Charges
| Trustline | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Trustline Vs INDmoney - Account Opening & AMC Charges
Trustline
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹590/- (Lifetime)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Trustline Vs INDmoney
| Trustline | INDmoney | |
|---|---|---|
Trustline Review | Brokerage Charges, Account OpeningThe markets are generally unpredictable, one person buys and another person sells and both think they are astute. Stock market is full of economic adventures from where you will get the latest news and knowledge of every corner & industry of the world. The broker acts as a mediator between the investor and the stock market. It .. + " Vs "+ INDmoney |
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
Trustline Vs INDmoney - Brokerage charges & Plans
| Trustline | INDmoney | |
|---|---|---|
| Commodity Futures | ₹20/Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹20/Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20/Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20/Order or 0.03% (whichever is lower) | N/A |
| Equity Futures | ₹20/Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹20/Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20/Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
Trustline Vs INDmoney - Margin (Exposure)
| Trustline | 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) |
Trustline Vs INDmoney - Other Charges
| Trustline | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20/ Order | ₹50 per position |
| Other Brokerage Charges | ₹20/Order or 0.03% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/Order | 0.05% or up to ₹20/Per Order |
Trustline Vs INDmoney - STT/CTT
| Trustline | 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 buy & 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 |
Trustline Vs INDmoney - Demat transaction charges
| Trustline | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | ₹250/ per certificate |
Trustline Vs INDmoney - GST
| Trustline | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% of (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charge) |
Trustline Vs INDmoney - SEBI Charges
| Trustline | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Trustline Vs INDmoney - Features
| Trustline | 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: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.T5 Web- Website Trading Platform 2.Trust Power- Desktop Trading Software 3.Trust Mobile- Mobile Trading Power | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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