Finvasia Vs Indira Securities (Compare Finvasia and Indira Securities)

The side-by-side comparison of Finvasia and Indira Securities. Compare Finvasia Vs Indira Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Finvasia vs Indira Securities?


Finvasia
Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers. Honest Pricing. Leading-edge Platform. Exceptional Service. Finvasia Founders Finvasia Securities is based in Chandigarh, In... Know more about Finvasia Securities Pvt Ltd


Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL. The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers. Indira Securities offers both traditional and discount brokerage plans. In the ... Know more about Indira Securities Pvt Ltd

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Finvasia Vs Indira Securities

Incorporated in 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, 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.

  Finvasia Indira Securities
Type of Broker Discount Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX and NCDEX
Account Type Standard Traditional Plan
Year of Incorporation 2013 1987
Number of Branches 1 335
Broker Enquiry Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
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Finvasia Vs Indira Securities Charges & AMC

Finvasia trading account opening charges is ₹0 (Free) while Indira Securities account opening changes is ₹0 (Free). Finvasia Demat Account AMC Charges is ₹0 per year (Lifetime Zero AMC) and Indira Securities Demat Account AMC Charges is ₹450 (Free for 1st year).

  Finvasia Indira Securities
Trading Account Opening Charges ₹0 (Free) ₹0 (Free)
Trading Account AMC Charges ₹0 (Free) ₹0 (Free)
Demat Account Opening Charges ₹0 (Free) ₹0 (Free)
Demat Account AMC Charges ₹0 per year (Lifetime Zero AMC) ₹450 (Free for 1st year)
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Finvasia Vs Indira Securities Brokerage Charges & Plans

Finvasia Vs Indira Securities Brokerage

Finvasia brokerage charges for equity is ₹0 and intraday is ₹0 whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

  Finvasia Indira Securities
Account Type Standard Traditional Plan
Fixed Charges NA
Equity Delivery Brokerage ₹0 0.10%
Equity Intraday Brokerage ₹0 0.01%
Equity Futures Brokerage ₹0 0.01%
Equity Options Brokerage ₹0 ₹25 per lot (both side)
Currency Futures Trading Brokerage ₹0 0.01%
Currency Options Trading Brokerage ₹0 ₹25 per lot (both side)
Commodity Futures Trading Brokerage ₹0 0.01%
Commodity Options Trading Brokerage ₹0 ₹25 per lot (both side)
Special Offer
Special Offer: FREE Account Opening (₹650 waived) + Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Finvasia Vs Indira Securities Brokerage Plan 2

  Finvasia Indira Securities
Account Type Standard Discount Brokerage Plan
Fixed Charges NA NA
Equity Delivery Brokerage ₹0 ₹20 per executed order
Equity Intraday Brokerage ₹0 ₹20 per executed order
Equity Futures Brokerage ₹0 ₹20 per executed order
Equity Options Brokerage ₹0 ₹20 per executed order
Currency Futures Trading Brokerage ₹0 ₹20 per executed order
Currency Options Trading Brokerage ₹0 ₹20 per executed order
Commodity Futures Trading Brokerage ₹0 ₹20 per executed order
Commodity Options Trading Brokerage ₹0 ₹20 per executed order

Finvasia Charges Vs Indira Securities

Minimum Brokerage Charges ₹0 ₹20 per executed order
Other Brokerage Charges Bracket Orders in NEST: ₹99 per month
Call & Trade Charges ₹0 ₹0 (Free)
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Finvasia Vs Indira Securities Transaction Charges

Finvasia transaction charges for options is ₹5000 per Cr (0.05%) (on premium) while Indira Securities exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) (on premium).

  Finvasia Indira Securities
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side) NSE ₹325 per Cr (0.00325%)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side) NSE ₹325 per Cr (0.00325%)
Equity Futures NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side) NSE ₹190 per Cr (0.0019%)
Equity Options ₹5000 per Cr (0.05%) (on premium) NSE ₹5000 per Cr (0.05%) (on premium)
Currency Futures ₹115 per Cr (0.00115%) NSE ₹120 per Cr (0.0012%)
Currency Options ₹4000 per Cr (0.04%) (on premium) NSE ₹500 per Cr (0.005%) (on premium)
Commodity ₹260 per Cr (0.0026%) Non-Agri: ₹260 per Cr (0.0026%) | Agri: ₹600 per Cr (0.006%)
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Finvasia Vs Indira Securities Leverage (Margin)

Finvasia provides the margin of up to 10x for intraday trades whereas the Indira Securities margin for intraday cash is Up to 10x (based on the stock).

  Finvasia Indira Securities
Equity Delivery 1x 1x (no margin)
Equity Intraday up to 10x Up to 10x (based on the stock)
Equity Futures 2x Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Equity Options 1x 1x (no margin)
Currency Futures 1x Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Currency Options 1x 1x (no margin)
Commodity Futures 2x Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Commodity Options 1x 1x (no margin)
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Compare Finvasia and Indira Securities Features

The trading platforms offered Finvasia include Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto. Indira Securities offers ODIN trading software.

  Finvasia Indira Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) No Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto ODIN
Intraday Square-off Time 3:15 PM 3:15 PM
Other Features Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program Yes
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Finvasia Vs Indira Securities Review

Finvasia is rated 4.4 of 5 based on 25 customer reviews whereas Indira Securities is rated 4.5 of 5 based on 2 customer reviews.

  Finvasia Indira Securities
  25 Customer Reviews    Rate Finvasia 2 Customer Reviews    Rate Indira Securities
Fees 4.6 3.0
Trading Brokerage 4.9 5.0
Trading Platform Usability 3.2 4.5
Customer Service 4.4 4.5
Research Capabilities 2.5 5.0
Overall Ratings Rated 4.4 stars Rated 4.5 stars
Broker Rating Finvasia is rated 4.4 of 5 based on 25 customer reviews Indira Securities is rated 4.5 of 5 based on 2 customer reviews
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Contact Broker / Request A Call Back

  Finvasia Enquire Indira Securities Enquire
Contact Broker

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Finvasia Vs Indira Securities Investment Options

  Finvasia Indira Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Finvasia Vs Indira Securities Order Type Offered

  Finvasia Indira Securities
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
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Finvasia Vs Indira Securities Research Report

  Finvasia Indira Securities
Daily Market Report Yes Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Finvasia Vs Indira Securities Suitable For Investor Type

  Finvasia Indira Securities
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Finvasia Vs Indira Securities - Pros and Cons

  Finvasia Indira Securities
Pros
  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.
  • 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
  • Scalpter, the web-based trading platform has only 1 min charting frame.
  • Bracket orders are chargeable.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.
  • Finvasia is an online stock broker. It doesn't have branch offices.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  1. Flat-rate brokerage plans (₹20 per trade) is not available in MP and Rajasthan.
  2. Advance order types i.e. CO, and BO are not available in the mobile app.
  3. Doesn't offer NRI trading account.
Reviews
Promo / Offers

Free Equity Delivery Trading

Get FREE equity delivery trading and pay flat ₹20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. To open an online paperless account, visit Indira Securities Website

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