Finvasia Vs Indira Securities (Compare Finvasia and Indira Securities)

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
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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)

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)

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%)

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)

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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

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	2 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
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

Finvasia Vs Indira Securities Investment Options

	Finvasia	Indira Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Finvasia Vs Indira Securities Order Type Offered

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

Finvasia Vs Indira Securities Research Report

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

Finvasia Vs Indira Securities Suitable For Investor Type

	Finvasia	Indira Securities
Casual Investor
Active Investor
Trader

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.	Flat-rate brokerage plans (₹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 ₹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