iTradeOnline Vs Indira Securities (Compare iTradeOnline and Indira Securities)

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
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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)

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)

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
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	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
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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	3 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
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

iTradeOnline Vs Indira Securities Investment Options

	iTradeOnline	Indira Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance, Wealth Management

iTradeOnline Vs Indira Securities Order Type Offered

	iTradeOnline	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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iTradeOnline Vs Indira Securities Research Report

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

iTradeOnline Vs Indira Securities Suitable For Investor Type

	iTradeOnline	Indira Securities
Casual Investor
Active Investor
Trader

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.	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	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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