5paisa Vs Indira Securities (Compare 5paisa and Indira Securities)

5paisa Vs Indira Securities

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 900 branches across India. Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.

	5paisa	Indira Securities
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	NSE, BSE	BSE, NSE, MCX and NCDEX
Year of Incorporation	1996	1987
Number of Branches	900	335
	Open 5paisa Account	Enquire Indira Securities

5paisa Vs Indira Securities Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while Indira Securities account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 540 and Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year).

	5paisa	Indira Securities
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 540	Rs 450 (Free for 1st year)

5paisa Vs Indira Securities Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

	5paisa	Indira Securities
Account Type	Standard Plan	Traditional Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per executed order	0.10%
Equity Intraday	Rs 20 per executed order	0.01%
Equity Futures	Rs 20 per executed order	0.01%
Equity Options	Rs 20 per executed order	Rs 25 per lot (both side)
Currency Futures	Rs 20 per executed order	0.01%
Currency Options	Rs 20 per executed order	Rs 25 per lot (both side)
Commodity Futures	Rs 20 per executed order	0.01%
Commodity Options	Rs 20 per executed order	Rs 25 per lot (both side)
Special Offer	Special Offer: FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.	Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

5paisa Vs Indira Securities Brokerage Plan 2

	5paisa	Indira Securities
Account Type	Power Investor Pack	Discount Brokerage Plan
Fixed Charges	Rs 499 per month	NA
Equity Delivery	Rs 10 per executed order	Rs 20 per executed order
Equity Intraday	Rs 10 per executed order	Rs 20 per executed order
Equity Futures	Rs 10 per executed order	Rs 20 per executed order
Equity Options	Rs 2 per lot	Rs 20 per executed order
Currency Futures	Rs 10 per executed order	Rs 20 per executed order
Currency Options	Rs 10 per executed order	Rs 20 per executed order
Commodity Futures	Rs 10 per executed order	Rs 20 per executed order
Commodity Options	Rs 10 per executed order	Rs 20 per executed order
	Open 5paisa Account	Enquire Indira Securities

5paisa Vs Indira Securities Brokerage Plan 3

	5paisa	Indira Securities
Account Type	Ultra Trader Pack	Traditional Plan
Fixed Charges	Rs 999 per month	NA
Equity Delivery	Rs 0 (Free)	0.10%
Equity Intraday	Rs 10 per executed order	0.01%
Equity Futures	Rs 10 per executed order	0.01%
Equity Options	Rs 2 per executed lot	Rs 25 per lot (both side)
Currency Futures	Rs 10 per executed order	0.01%
Currency Options	Rs 10 per executed order	Rs 25 per lot (both side)
Commodity Futures	Rs 10 per executed order	0.01%
Commodity Options	Rs 10 per executed order	Rs 25 per lot (both side)
	Open 5paisa Account	Enquire Indira Securities

5paisa Charges Vs Indira Securities

Minimum Brokerage	Rs 20 per trade	Rs 20 per executed order
Other Charges
Call & Trade Charges	Rs 100 per call (any number of trades in a call)	Rs 0 (Free)

5paisa Vs Indira Securities Transaction Charges

5paisa transaction charges for options is Rs 5000 per crore (0.05%) (on premium) while Indira Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).

	5paisa	Indira Securities
Equity Delivery	Rs 325 per crore (0.00325%)	NSE Rs 325 per Cr (0.00325%)
Equity Intraday	Rs 325 per crore (0.00325%)	NSE Rs 325 per Cr (0.00325%)
Equity Futures	Rs 190 per crore (0.0019%)	NSE Rs 190 per Cr (0.0019%)
Equity Options	Rs 5000 per crore (0.05%) (on premium)	NSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	Rs 190 per crore (0.0019%)	NSE Rs 120 per Cr (0.0012%)
Currency Options	Rs 5000 per crore (0.05%) (on premium)	NSE Rs 500 per Cr (0.005%) (on premium)
Commodity	Grp A: 0.0026%	Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%)
	Open 5paisa Account	Enquire Indira Securities

5paisa Vs Indira Securities Leverage (Margin)

5paisa margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Indira Securities margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	5paisa	Indira Securities
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Open 5paisa Account	Enquire Indira Securities

Compare 5paisa and Indira Securities Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Indira Securities offers ODIN trading software.

	5paisa	Indira Securities
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	5paisa Trade Station (Web, Mobile App and EXE)	ODIN
Intraday Square-off Time	Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM	3:15 PM
Other Features
Referral Program
	Open 5paisa Account	Enquire Indira Securities

5paisa Vs Indira Securities Review

5paisa is rated 2.6 of 5 based on 83 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 3 customer reviews.

	5paisa	Indira Securities
	83 Customer Reviews	3 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	5paisa is rated 2.6 of 5 based on 83 customer reviews	Indira Securities is rated 4.0 of 5 based on 3 customer reviews

5paisa Vs Indira Securities Investment Options

	5paisa	Indira Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds, Insurance

5paisa Vs Indira Securities Order Type Offered

	5paisa	Indira Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open 5paisa Account	Enquire Indira Securities

5paisa Vs Indira Securities Research Report

	5paisa	Indira Securities
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

5paisa Vs Indira Securities Suitable For Investor Type

	5paisa	Indira Securities
Casual Investor
Active Investor
Trader

5paisa Vs Indira Securities - Pros and Cons

	5paisa	Indira Securities
Pros	Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade. Free trading software's including 5paisa mobile app and trading terminal. Brokerage free direct mutual funds.	Full-service broker offering discount brokerage plan. Relationship manager even for online customers. Offers ODIN as trading platform. Investment in mutual fund for free. Pan India presence with hundreds of branches, and business partners. No charges for Call & Trade and Auto Square-off.
Cons	Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call. Research and advisory is available at extra cost. Higher exchange turnover charges in comparison to other popular discount stock brokers. NRI Trading and Demat Account is not available.	Flat-rate brokerage plans (Rs 20 per trade) is not available in MP and Rajasthan. Advance order types i.e. CO, and BO are not available in the mobile app. Doesn't offer NRI trading account.
Reviews
Promo / Offers	5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived) Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order. Open Online Account Now! and start trading today.	Free Equity Delivery Trading Get FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM.
	Open 5paisa Account	Enquire Indira Securities