Indiabulls Vs iTradeOnline (Compare Indiabulls and iTradeOnline)
The side-by-side comparison of Indiabulls and iTradeOnline. Compare Indiabulls Vs iTradeOnline brokerage, charges, exposure margin, demat account. Read iTradeOnline and Indiabulls review.
Find out Indiabulls Vs iTradeOnline which is better and Indiabulls Vs iTradeOnline which is best.
Our Indiabulls Ventures Limited comparison with iTradeOnline by Trustline highlights the major differences between two brokers. Find the best between Indiabulls and iTradeOnline.
Indiabulls Vs iTradeOnline
Indiabulls
iTradeOnline
Find more info about broker
About the Broker
Indiabulls Shubh is a discount stock broker offering ultra-low brokerage plans. Indiabulls is among the best stock broker in India with offering including unlimited trading plans, free trading platforms, free call & trade, free research and zero ...
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of ₹20 per executed order or 0.01% whichever is lower. The same lo...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE and MCX
BSE, NSE, MCX
Account Type
Equity Unlimited Trade
Pay Per Trade
Broker Enquiry
Year of Incorporation
2000
Number of Branches
18
Enquire Indiabulls
Enquire iTradeOnline
Indiabulls Vs iTradeOnline Charges
Indiabulls
iTradeOnline
Trading Account Opening Fees
₹500
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Demat Account Opening Fees
₹0
Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC
₹450
Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
Demat Account is Mandatory?
No
No
Indiabulls Vs iTradeOnline Brokerage
Brokerage Plan 2
Indiabulls
iTradeOnline
Account Type
F&O Unlimited Trade
Pay Per Trade
Fixed Charges
₹1000
₹0
Equity Delivery Brokerage
₹15 per trade
₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage
₹15 per trade
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
₹0 (Free)
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
₹0 (Free)
₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
₹0 (Free)
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹0 (Free)
₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
0.03%
₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
0.03%
Brokerage Plan 3
Indiabulls
iTradeOnline
Account Type
Base Plan
Pay Per Trade
Fixed Charges
NA
₹0
Equity Delivery Brokerage
₹0 (Free)
₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage
₹15 per executed order
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
₹15 per executed order
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
₹15 per executed order
₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
₹15 per executed order
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
₹15 per executed order
₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
0.03%
₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
0.03%
Other Charges
Minimum Brokerage Charges
₹0 (Unlimited Plan), ₹15 (Per Trade Plan)
₹0 (No Minimum Brokerage)
Other Brokerage Charges
Physical contact notes: ₹20
Call & Trade Charges
₹0 (Free)
₹0 (Free)
Indiabulls Vs iTradeOnline Taxes
Indiabulls
iTradeOnline
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Indiabulls Vs iTradeOnline Transaction Charges
Indiabulls
iTradeOnline
Equity Delivery
₹325 per crore (0.00325%)
NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday
₹325 per crore (0.00325%)
NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures
₹250 per crore (0.0025%)
NSE ₹190 per crore (0.0019%)
Equity Options
₹5500 per crore (on premium) (0.055%)
NSE ₹5000 per crore (0.05%)
Currency Futures
₹250 per crore (0.0025%)
NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options
₹5500 per crore (on premium) (0.055%)
NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity
MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
Indiabulls Vs iTradeOnline Exposure Margin
Indiabulls
iTradeOnline
Equity Delivery
1x (no margin)
Upto 5x (based on the stock)
Equity Intraday
Up to 5x (based on the stock)
Upto 20x (based on the stock)
Equity Futures
Intra-day: 4x | Carry forward: 1x (no margin)
Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
Intra-day: 4x | Carry forward: 1x
Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures
Intra-day: 2x | Carry forward: 1x
Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options
Intra-day: 2x | Carry forward: 1x
Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures
NA
Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span
Commodity Options
NA
Intraday - 100%(1x), Carry forward - 100%(1x) of Span
Indiabulls and iTradeOnline Feature Comparison
Indiabulls
iTradeOnline
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
SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB)
Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time
Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Live News, World market summary
Referral Program
Indiabulls Vs iTradeOnline Review
Indiabulls
iTradeOnline
45 Customer Reviews
7 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Indiabulls is Rated 3.2 / 5 based on 45 customer reviews iTradeOnline is Rated 4.0 / 5 based on 7 customer reviews
Indiabulls Vs iTradeOnline Investment Options
Indiabulls
iTradeOnline
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance, Wealth Management
Indiabulls Vs iTradeOnline Customer Service
Indiabulls
iTradeOnline
24/7 Customer Service
Onine Live Chat
Through Branches
Indiabulls Vs iTradeOnline Order Type Offered
Indiabulls
iTradeOnline
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Indiabulls Vs iTradeOnline Research Report
Indiabulls
iTradeOnline
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Indiabulls Vs iTradeOnline Suitable For Investor Type
Indiabulls
iTradeOnline
Casual Investor
Active Investor
Trader
Indiabulls Vs iTradeOnline - Advantages and Disadvantages
Indiabulls
iTradeOnline
Pros
Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades.
Interest-free Margin Funding in Unlimited Trading plan.
Margin funding is available at a low cost of 12% per annum in ₹15/trade plan.
Free trading software.
Free research reports and trading tips to all the customers.
Years of experience, trust and good track record in stock broker business.
More Advantages...
Paperless account opening is available with eKYC and Aadhar integration
All trading softwares including trading terminal are available for free.
Uses trading platform of Omnesys which is industry leading trading software provider.
Margin Against Share is available
Research based fundamental and technical analysis available to all the customers.
Short selling is available in NSE Cash segment only.
After Hours Orders and Good Till Cancelled (GTC) orders are available.
SMS Trade Alerts are available for free to all customers.
Call & Trade is free for all customers.
More Advantages...
Cons
Online IPO and Mutual Fund investment are not available in Indiabulls Shubh App.
Local branch support is not available to online customers.
Advance order types i.e. Bracket Order, Cover Order are not available in monthly unlimited trading plans.
Margin against share is not available in Unlimited Trading Plans.
More Disadvantages...
Separate account needed for Mutual Funds investment.
For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
Doesn't offer bracket orders.
Online IPO, NCD, Corporate Bond investment is not available.
Trading API's are now available.
Opening demat account along with the trading account is mandatory.
No extra charge for intraday or expiry positions closed by the broker.
More Disadvantages...
Reviews
Promo / Offers
Limited Time Offer - FREE Unlimited Trading for 1st Month (₹1000 waived) Open Indiabulls Online Trading Account and get Free Unlimited Trading for 1st month. Trade Unlimited at ₹1000/month or Trade at flat ₹15 per executed order.
Get this limited time offer Lifetime FREE AMC Demat Account - 50% Off Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening.
This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you.
Zerodha
Zero Account Opening Fee