iTradeOnline Vs Indira Securities (Compare iTradeOnline and Indira Securities)


iTradeOnline
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 Rs 20 per executed order or 0.01% whichever is lower. The same low price is available across segments at BSE, NSE, and MCX. Unlike most discount brokers, iTradeOnline offers intraday leverage of up to 20x in equity, 2x in NSE F&O, 2x in NSE Currency and 8x in MCX futures. The cover orders (CO) are available... Know more about iTradeOnline by Trustline


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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iTradeOnline Vs Indira Securities

Incorporated in , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 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.

  iTradeOnline Indira Securities
Type of Broker Discount Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX and NCDEX
Year of Incorporation 1987
Number of Branches 335
Open an Online Trading Account with iTradeOnline.Open an Online Trading Account with Indira Securities.
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iTradeOnline Vs Indira Securities Charges & AMC

iTradeOnline trading account opening charges is Rs 0 (Free) while Indira Securities account opening changes is Rs 0 (Free). iTradeOnline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 and Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year).

  iTradeOnline 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 Regular: Rs 0, Lifetime Free AMC: Rs 1000 Rs 0 (Free)
Demat Account AMC Charges Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 Rs 450 (Free for 1st year)
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iTradeOnline Vs Indira Securities Brokerage Charges & Plans

iTradeOnline Vs Indira Securities Brokerage

iTradeOnline brokerage charges for equity is Rs 20 per executed order or .01% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

  iTradeOnline Indira Securities
Account Type Pay Per Trade Traditional Plan
Fixed Charges Rs 0 NA
Equity Delivery Rs 20 per executed order or .01% whichever is lower 0.10%
Equity Intraday Rs 20 per executed order or .01% whichever is lower 0.01%
Equity Futures Rs 20 per executed order or .01% whichever is lower 0.01%
Equity Options Rs 20 per executed order or .01% whichever is lower Rs 25 per lot (both side)
Currency Futures Rs 20 per executed order or .01% whichever is lower 0.01%
Currency Options Rs 20 per executed order or .01% whichever is lower Rs 25 per lot (both side)
Commodity Futures Rs 20 per executed order or .01% whichever is lower 0.01%
Commodity Options Rs 25 per lot (both side)
Special Offer
Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

iTradeOnline Vs Indira Securities Brokerage Plan 2

  iTradeOnline Indira Securities
Account Type Pay Per Trade Discount Brokerage Plan
Fixed Charges Rs 0 NA
Equity Delivery Rs 20 per executed order or .01% whichever is lower Rs 20 per executed order
Equity Intraday Rs 20 per executed order or .01% whichever is lower Rs 20 per executed order
Equity Futures Rs 20 per executed order or .01% whichever is lower Rs 20 per executed order
Equity Options Rs 20 per executed order or .01% whichever is lower Rs 20 per executed order
Currency Futures Rs 20 per executed order or .01% whichever is lower Rs 20 per executed order
Currency Options Rs 20 per executed order or .01% whichever is lower Rs 20 per executed order
Commodity Futures Rs 20 per executed order or .01% whichever is lower Rs 20 per executed order
Commodity Options Rs 20 per executed order
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iTradeOnline Charges Vs Indira Securities

Minimum Brokerage Rs 0 (No Minimum Brokerage) Rs 20 per executed order
Other Charges Physical contact notes: Rs 20
Call & Trade Charges Rs 0 (Free) Rs 0 (Free)
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iTradeOnline Vs Indira Securities Transaction Charges

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

  iTradeOnline Indira Securities
Equity Delivery NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) NSE Rs 325 per Cr (0.00325%)
Equity Intraday NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) NSE Rs 325 per Cr (0.00325%)
Equity Futures NSE Rs 190 per crore (0.0019%) NSE Rs 190 per Cr (0.0019%)
Equity Options NSE Rs 5000 per crore (0.05%) NSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%) NSE Rs 120 per Cr (0.0012%)
Currency Options NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500 NSE Rs 500 per Cr (0.005%) (on premium)
Commodity MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%) Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%)
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iTradeOnline Vs Indira Securities Leverage (Margin)

iTradeOnline 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.

  iTradeOnline 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 iTradeOnline and Indira Securities Features

The trading platforms offered iTradeOnline include Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.. Indira Securities offers ODIN trading software.

  iTradeOnline Indira Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. ODIN
Intraday Square-off Time Equity: 3:15 PM, Commodity: 11:15 PM 3:15 PM
Other Features
Referral Program Yes
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iTradeOnline Vs Indira Securities Review

iTradeOnline is rated 4.0 of 5 based on 7 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 3 customer reviews.

  iTradeOnline Indira Securities
  7 Customer Reviews    Rate iTradeOnline 3 Customer Reviews    Rate Indira Securities
Fees 3.9 2.3
Brokerage 4.1 4.3
Trading Platform 3.9 4.0
Customer Service 3.7 4.0
Research Capabilities 1.0 4.3
Overall Ratings Rated 4.0 stars Rated 4.0 stars
Broker Rating iTradeOnline is rated 4.0 of 5 based on 7 customer reviews Indira Securities is rated 4.0 of 5 based on 3 customer reviews
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Contact Broker / Request A Call Back

  iTradeOnline Enquire Indira Securities Enquire
Contact Broker Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.
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iTradeOnline Vs Indira Securities Investment Options

  iTradeOnline Indira Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt Yes Yes
Other Investment Options Insurance, Wealth Management
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iTradeOnline Vs Indira Securities Order Type Offered

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

  iTradeOnline Indira Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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iTradeOnline Vs Indira Securities Suitable For Investor Type

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

  iTradeOnline Indira Securities
Pros
  • 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.
  • 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
  • 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.
  1. Flat-rate brokerage plans (Rs 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

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening.

This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you.

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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