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Indira Securities Review | Brokerage Charges, Account Opening, Demat Account, Trading Software

 

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Indira Securities Review | Brokerage Charges, Account Opening

‘Gateway to Prosperity’ is the tagline of the Indira Securities Private Limited which was incorporated on 1987 as a financial service provider. Indira Securities believes that investing is an art which requires a clear vision and balanced approach. The company’s principle is to provide hassle-free and transparent platform through which any person from any place can invest in different financial segments of the market and enhance their assets. India Securities provides the facility to invest in NSE, BSE, MCX and NCDEX. Indira Securities is the depositary participant of CDSL, it offers demat and trading account services in its platform. Indira Securities offers many types of financial services to invest in such as equity, derivative, mutual funds, currency, commodity, IPO, insurance and bonds. Indira Securities offers research and advisory services to their clients as the company has a full-fledged team of research & development. The main objective of the Indira Securities is to maximize the client’s profit by providing the world-class services in affordable and minimum cost.
Indira Securities pvt. Ltd offers algo trading on its platform which is a digital facility to invest in share market group has a strong presence with a network of 350+ branches spread across India. Indira Securities pvt. ltd is a SEBI registered and diverse platform through which any one can invest in their favourite companies. Indira Securities Private Limited provide the customer care facility to resolve queries of the clients. Clients can find Indira Securities contact number from the its official website.

Indira Securities Account Opening Charges

You don’t need to pay any amount to open a demat account on Indira Securities.

Account

Charges

Trading Account Opening Charges

Rs 0

Trading Account AMC

Rs 0

Demat Account Opening Charges

Rs 0

Demat AMC

Rs 450 annually (1st Year Free)

 

Indira Securities Brokerage Charges

Indira Securities offers 2 types of brokerage plans to their clients which are as follows:

1. Indira Securities Discount Brokerage Plan:
This plan is for online customers except for clients of MP and Rajasthan. This plan offers online trading, free research, free call n trade and Rs 0 auto square-off charges.
• Equity Delivery: Rs 20 per executed order
• Equity Intraday: Rs 20 per executed order
• Equity Futures: Rs 20 per executed order
• Equity Options: Rs 20 per executed order
• Currency Futures: Rs 20 per executed order
• Currency Options: Rs 20 per executed order
• Commodity Futures: Rs 20 per executed order
• Commodity Options : Rs 20 per executed order

1. Indira Securities Traditional Plan:
This plan is for the online customers except clients of MP and Rajasthan. This plan offers online trading, free research, free call & trade and Rs 0 auto square-off charges.
• Equity Delivery : 0.10%
• Equity Intraday : 0.01%
• Equity Futures : 0.01%
• Equity Options : Rs 25 per lot (both sides)
• Currency Futures : 0.01%
• Currency Options : Rs 25 per lot (both sides)
• Commodity : 0.01%

Indira Securities Other Charges

Taxes

Rates

Securities Transaction Tax (STT)

  • Equity Delivery- 0.1% on both buy & sell
  • Equity Intraday- 0.025% on sell side
  • Equity Futures- 0.01% on sell side
  • Equity Options- 0.05% on sell side (premium)
  • Commodity Futures- 0.01% on sell side (Non-Agri)
  • Commodity Options- 0.05% on sell side
  • Currency F&O- No STT
  • On exercise transaction- 0.125%
  • Right to entitlement- 0.05% on sell side

GST

18% on (Brokerage + Transaction + SEBI fee)

SEBI Charges

0.0001% (Rs.10/crore)

Stamp Duty

(On buy side only) Delivery- 0.015%, Intraday- 0.003%, Equity Futures- 0.002%, Equity Options- 0.003% and Currency F&O- 0.0001%

Commodity Futures- 0.002%, Commodity Options- 0.003%

 

Indira Securities Trading Software

Indira Securities offers free trading software and tools to the clients which are as follows:

1. IndiraTrade.in (Browser-based Trading Website) – It is a browser-based trading platform through which you can trade in multiple segments.
2. TradeInsta (Mobile-based Trading App) – This is a smartphone-based mobile application that allows customers to trade from any place across India.
3. ODIN Diet (Installable Indira Trader Terminal) – This is a powerful trading terminal which is equipped with modern technologies to analyse the market and place trade in the stock market.
4. MF Planet (Mutual Fund Investment Platform) – Indira Securities offers mutual fund investment software powered by RED Vision Computer Technologies.

Indira Securities Margin

Segment

Margin

Leverage

Equity Delivery

100% of trade value

1x

Equity Intraday

Up to 20% of trade value

5x

Equity Future

100% of NRML margin (Span + Exposure)

1x

Equity Option

100% of NRML margin (Span + Exposure)

1x

Currency Futures

100% of NRML margin (Span + Exposure)

1x

Currency Option

100% of NRML margin (Span + Exposure)

1x

Commodity Futures

100% of NRML margin (Span + Exposure)

1x

 

Indira Securities Advantages & Disadvantages

Indira Securities Privat Limited is a very old and popular broker. We must read advantages and disadvantages before choosing Indira Securities.

Advantages:
• Full-secure and diversified platform.
• Online & offline both account opening facility.
• Margin & leverage facility.
• Automated trading facility.
• Free & paperless demat account opening facility.
• Offers research and recommendation services.
• A wide range of trading software.
• Zero auto square-off charges.
• Zero call and trade charges.
• Research & advisory services.
• 24/7/365 customer support.
• 350+ branches across India.
• Safe & secure platform.

Disadvantages:
• Does not offer 3-in-1 account.
• Does not offer NRI trading account.

Comments for Indira Securities Review | Brokerage Charges, Account Opening, Demat Account, Trading Software

comments

 

Frequently Asked Question

Indira Securities is a diverse, technology-driven and transparent broker which provides a wide range of financial services. The company’s aim is to provide every best facility to their clients. You should invest through this platform as it has a military-level security and all your data is fully safe and secure.
Leverage & margin facility is available on its platform as per the SEBI guidelines.
Yes, Indira Securities offers After Market Order (AMO) facility on its platform.
No, Indira Securities does not offer 3-in-1 account facility on its platform. The company only provide 2-in-1 account i.e. demat and trading account.
At this minor age, you will need to open a custodial account with any adult as you’re younger than the maturity age (18 or 21) because Pan card is a necessary document needed to open your demat and trading account.
Indira Securities offers two types of brokerage plans to their clients: 1. Discount brokerage plan • Equity Delivery : Rs 20 per executed order • Equity Intraday : Rs 20 per execute order • Equity Futures : Rs 20 per executed order • Equity Options : Rs 20 per executed order • Currency Futures : Rs 20 per executed order • Currency Options : Rs 20 per executed order • Commodity Futures : Rs 20 per executed order • Commodity Options : Rs 20 per executed order 2. Traditional Plan • Equity Delivery : 0.10% • Equity Intraday : 0.01% • Equity Futures : 0.01% • Equity Options : Rs 25 per lot (both sides) • Currency Futures : 0.01% • Currency Options : Rs 25 per lot (both sides) • Commodity : 0.01%
Yes, Indira Securities offer free trading software and mobile app to their clients. With the help of trading software & tools, you can analyse the market trend.
Indira Securities is the depositary participant of CDSL. Customer’s demat account on Indira Securities is registered with CDSL.
Yes, Indira Securities offer SIP calculator on its platform through which you can calculate investment and possible returns easily. You will also get to know about the possible returns on fixed deposit and mutual fund.
Free i.e. Indira Securities does not take any amount on providing call and trade facility.
Yes, Indira Securities provide research and advisory services to their clients. The broker has a professional and expert team of asset management.
Yes, Indira Securities offers algo trading facility on its platform. You can transform your strategy in the form of algo and book unlimited profit in the share market.
Any company, individual, partnership firm, proprietary firm, a company can open trading account with Indira Securities via online method or by visiting the nearby branch.
Yes, Indira Securities offers online IPO application facility on its platform. It is a digital platform and always promotes technology.

Indira Securities Reviews