Achiievers Vs Indira Securities (Compare Achiievers and Indira Securities)

Achiievers Vs Indira Securities

Incorporated in 2012, Achiievers is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 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.

	Achiievers	Indira Securities
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	NSE, BSE and MCX	BSE, NSE, MCX and NCDEX
Year of Incorporation	2012	1987
Number of Branches	1	335
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Achiievers Vs Indira Securities Charges & AMC

Achiievers trading account opening charges is Rs 150 while Indira Securities account opening changes is Rs 0 (Free). Achiievers Demat Account AMC Charges is Rs 400 and Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year).

	Achiievers	Indira Securities
Trading Account Opening Charges	Rs 150	Rs 0 (Free)
Trading Account AMC Charges	Nil	Rs 0 (Free)
Demat Account Opening Charges	Nil	Rs 0 (Free)
Demat Account AMC Charges	Rs 400	Rs 450 (Free for 1st year)

Achiievers Vs Indira Securities Brokerage

Achiievers brokerage charges for equity is Rs 15 and intraday is Rs 15 whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

	Achiievers	Indira Securities
Account Type	Flat Fee Plan	Traditional Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 15	0.10%
Equity Intraday	Rs 15	0.01%
Equity Futures	Rs 15	0.01%
Equity Options	Rs 15	Rs 25 per lot (both side)
Currency Futures	Rs 15	0.01%
Currency Options	Rs 15	Rs 25 per lot (both side)
Commodity Futures	Rs 15	0.01%
Commodity Options		Rs 25 per lot (both side)
Special Offer		Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

Achiievers Vs Indira Securities Brokerage Plan 2

	Achiievers	Indira Securities
Account Type	Mega Value Plan	Discount Brokerage Plan
Fixed Charges	Rs 750 (Per Segment)	NA
Equity Delivery	Rs 1 per executed order	Rs 20 per executed order
Equity Intraday	Rs 1 per executed order	Rs 20 per executed order
Equity Futures	Rs 1 per executed order	Rs 20 per executed order
Equity Options	Rs 1 per executed order	Rs 20 per executed order
Currency Futures	Rs 1 per executed order	Rs 20 per executed order
Currency Options	Rs 1 per executed order	Rs 20 per executed order
Commodity Futures	Rs 1 per executed order	Rs 20 per executed order
Commodity Options	Rs 1 per executed order	Rs 20 per executed order
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Achiievers Vs Indira Securities Brokerage Plan 3

	Achiievers	Indira Securities
Account Type	Per Day Plan	Traditional Plan
Fixed Charges	Rs 50 per day (each segment)	NA
Equity Delivery	Rs 1 per executed order	0.10%
Equity Intraday	Rs 1 per executed order	0.01%
Equity Futures	Rs 1 per executed order	0.01%
Equity Options	Rs 1 per executed order	Rs 25 per lot (both side)
Currency Futures	Rs 1 per executed order	0.01%
Currency Options	Rs 1 per executed order	Rs 25 per lot (both side)
Commodity Futures	Rs 1 per executed order	0.01%
Commodity Options	Rs 1 per executed order	Rs 25 per lot (both side)
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Achiievers Charges Vs Indira Securities

Minimum Brokerage	Rs 15	Rs 20 per executed order
Other Charges
Call & Trade Charges	Rs 20 per trade	Rs 0 (Free)

Achiievers Vs Indira Securities Transaction Charges

Achiievers transaction charges for options is Rs 7500 per Cr (0.075%) while Indira Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).

	Achiievers	Indira Securities
Equity Delivery	Rs 350 per Cr (0.0035%)	NSE Rs 325 per Cr (0.00325%)
Equity Intraday	Rs 350 per Cr (0.0035%)	NSE Rs 325 per Cr (0.00325%)
Equity Futures	Rs 390 per Cr (0.0039%)	NSE Rs 190 per Cr (0.0019%)
Equity Options	Rs 7500 per Cr (0.075%)	NSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	Rs 175 per Cr (0.00175%)	NSE Rs 120 per Cr (0.0012%)
Currency Options	Rs 6500 per Cr (0.065%)	NSE Rs 500 per Cr (0.005%) (on premium)
Commodity	MCX Agri Rs 325 per Cr (0.00325%) | Non Agri Rs 460 per Cr (0.0046%)	Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%)
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Achiievers Vs Indira Securities Leverage (Margin)

Achiievers 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.

	Achiievers	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)
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Compare Achiievers and Indira Securities Features

The trading platforms offered Achiievers include NOW Online, NOW Trader. Indira Securities offers ODIN trading software.

	Achiievers	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	NOW Online, NOW Trader	ODIN
Intraday Square-off Time	3:15 PM	3:15 PM
Other Features
Referral Program
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Achiievers Vs Indira Securities Review

Achiievers is rated 4.6 of 5 based on 5 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 3 customer reviews.

	Achiievers	Indira Securities
	5 Customer Reviews	3 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Achiievers is rated 4.6 of 5 based on 5 customer reviews	Indira Securities is rated 4.0 of 5 based on 3 customer reviews

Achiievers Vs Indira Securities Investment Options

	Achiievers	Indira Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Achiievers Vs Indira Securities Order Type Offered

	Achiievers	Indira Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Achiievers Vs Indira Securities Research Report

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

Achiievers Vs Indira Securities Suitable For Investor Type

	Achiievers	Indira Securities
Casual Investor
Active Investor
Trader

Achiievers Vs Indira Securities - Pros and Cons

	Achiievers	Indira Securities
Pros	MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX. Rs 50 per day plan and Rs 15 per trade plan is also available. Trading Software's including website, mobile app and installable trading terminals are available for free. No minimum brokerage. Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).	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 and trade facility available with additional charges of Rs 20 per trade. They charge Rs 75 per month for Research recommendation on SMS.	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		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.
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