Vramath Financial Vs INDmoney
Vramath Financial
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Vramath Financial Vs INDmoney - Broker Details
| Vramath Financial | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 2019 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | N/A | 966 |
| Brokerage | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.05% or up to ₹20/Per Order |
| Broker Type | Discount Broker | Discount Broker |
Vramath Financial Vs INDmoney - Account Opening & AMC Charges
| Vramath Financial | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | Platinum -₹200 (online) ₹400 (offline) | Diamond - ₹200 (online) ₹400 (offline) | Regular - ₹200 (online) ₹400 (offline) | BSDA - ₹200 (online)₹400 (offline) | ₹0 (Free) |
| Demat Account Opening Charge | Platinum - ₹0 (Free) | Diamond - ₹0 (Free) | Regular - ₹0 (Free) | BSDA - ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Platinum -Free for life Time | Diamond - Free for 10 years | Regular - Individual - 5,00/- Non-Individual - 1,000/ | BSDA - 1. ₹0, If the value of the holding is up to 50,000. 2. ₹100 up to the value of holding between 50,000 - 2 lakhs. | ₹0 (Free) |
| Trading Account AMC | NA | ₹0 (Free) |
Vramath Financial Vs INDmoney - Brokerage charges & Plans
| Vramath Financial | INDmoney | |
|---|---|---|
| Commodity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | N/A |
| Currency Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 0.50% - 0.65% | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20 flat for buying and ₹20 flat for selling per lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20 flat for buying and ₹20 flat for selling per lot | N/A |
| Equity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20 flat for buying and ₹20 flat for selling per lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.05% or up to ₹20/Per Order |
Vramath Financial Vs INDmoney - Other Charges
| Vramath Financial | INDmoney | |
|---|---|---|
| RMS Square Off Charge | 0.02% for buying and 0.02% for selling (Highly Competitive). | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | Rs. 50/- flat for buying and Rs.50/ flat for selling (Highly Competitive) per lot. | ₹50 per position |
| Other Brokerage Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.05% or up to ₹20/Per Order |
Vramath Financial Vs INDmoney - Transaction Charges
| Vramath Financial | INDmoney | |
|---|---|---|
| Currency Options | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE: 0.0019% | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE: 0.00325% | BSE: 0.00325% | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) | NSE: 0.053% on premium value |
| Commodity | Exchange txn charge: 0.05% | 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 txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE: 0.00325% | BSE: 0.00325% | NSE - 0.00325% | BSE- 0.00375% |
Vramath Financial Vs INDmoney - Margin (Exposure)
| Vramath Financial | INDmoney | |
|---|---|---|
| Equity Options | 1x (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 4x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of the trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Vramath Financial Vs INDmoney - Features
| Vramath Financial | 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 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. Clicq Nd Trade Web Portal, | 2. Vramath Clicq Nd Trade Pro 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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Vramath Financial Vs INDmoney - Review & Rating
| Vramath Financial | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Vramath Financial Vs INDmoney - Request a call back from Broker
| Vramath Financial | INDmoney | |
|---|---|---|
Vramath Financial Vs INDmoney - Investment Options
| Vramath Financial | 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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Vramath Financial Vs INDmoney - Order Type
| Vramath Financial | 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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Vramath Financial Vs INDmoney - Research & Report
| Vramath Financial | 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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Vramath Financial Vs INDmoney - Daily Market Report
| Vramath Financial | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Vramath Financial Vs INDmoney - Suitable For Investor
| Vramath Financial | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Vramath Financial Vs INDmoney - Pros & Cons
| Vramath Financial | INDmoney | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4. Vramath Financial 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. 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. Brokerage charges are high as compared to discount brokers. 2. Limited control over market fluctuations 3. Complexity of investment options. 4. Risk of market volatility. | 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. |
Vramath Financial Vs INDmoney - Background
| Vramath Financial | INDmoney | |
|---|---|---|
Vramath Financial Vs INDmoney - Compare All Brokers
| Vramath Financial | INDmoney | |
|---|---|---|
Vramath Financial Vs INDmoney - STT/CTT
| Vramath Financial | INDmoney | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 0.025% only on sell |
| Equity Options | 0.0625% 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 | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Vramath Financial Vs INDmoney - Demat transaction charges
| Vramath Financial | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | Minimum `10/- per instruction or 0.01% per Scrip whichever is higher. | ₹250/ per certificate |
Vramath Financial Vs INDmoney - GST
| Vramath Financial | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Vramath Financial Vs INDmoney - SEBI Charges
| Vramath Financial | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Vramath Financial Vs INDmoney - Account Opening & AMC Charges
Vramath Financial
INDmoney
Trading Account Opening Charge
Platinum -₹200 (online) ₹400 (offline) | Diamond - ₹200 (online) ₹400 (offline) | Regular - ₹200 (online) ₹400 (offline) | BSDA - ₹200 (online)₹400 (offline)
₹0 (Free)
Demat Account Opening Charge
Platinum - ₹0 (Free) | Diamond - ₹0 (Free) | Regular - ₹0 (Free) | BSDA - ₹0 (Free)
₹0 (Free)
Demat Account AMC
Platinum -Free for life Time | Diamond - Free for 10 years | Regular - Individual - 5,00/- Non-Individual - 1,000/ | BSDA - 1. ₹0, If the value of the holding is up to 50,000. 2. ₹100 up to the value of holding between 50,000 - 2 lakhs.
₹0 (Free)
Trading Account AMC
NA
₹0 (Free)
Vramath Financial Vs INDmoney
| Vramath Financial | INDmoney | |
|---|---|---|
Vramath Financial Review |
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
Vramath Financial Vs INDmoney - Brokerage charges & Plans
| Vramath Financial | INDmoney | |
|---|---|---|
| Commodity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | N/A |
| Currency Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 0.50% - 0.65% | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20 flat for buying and ₹20 flat for selling per lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20 flat for buying and ₹20 flat for selling per lot | N/A |
| Equity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20 flat for buying and ₹20 flat for selling per lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.05% or up to ₹20/Per Order |
Vramath Financial Vs INDmoney - Margin (Exposure)
| Vramath Financial | INDmoney | |
|---|---|---|
| Equity Options | 1x (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 4x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of the trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Vramath Financial Vs INDmoney - Other Charges
| Vramath Financial | INDmoney | |
|---|---|---|
| RMS Square Off Charge | 0.02% for buying and 0.02% for selling (Highly Competitive). | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | Rs. 50/- flat for buying and Rs.50/ flat for selling (Highly Competitive) per lot. | ₹50 per position |
| Other Brokerage Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | 0.05% or up to ₹20/Per Order |
Vramath Financial Vs INDmoney - STT/CTT
| Vramath Financial | INDmoney | |
|---|---|---|
| Commodity Futures | 0.05% on sell side | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.1% on buy & sell | 0.025% only on sell |
| Equity Options | 0.0625% 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 | 0.0125% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Vramath Financial Vs INDmoney - Demat transaction charges
| Vramath Financial | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | Minimum `10/- per instruction or 0.01% per Scrip whichever is higher. | ₹250/ per certificate |
Vramath Financial Vs INDmoney - GST
| Vramath Financial | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Vramath Financial Vs INDmoney - SEBI Charges
| Vramath Financial | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Vramath Financial Vs INDmoney - Features
| Vramath Financial | INDmoney | |
|---|---|---|
| Online Portfolio |
|
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| 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 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. Clicq Nd Trade Web Portal, | 2. Vramath Clicq Nd Trade Pro 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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