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
Supported Exchnages	BSE, NSE, MCX	BSE, NSE, MCX and NCDEX
Account Type	Pay Per Trade	Traditional Plan
Year of Incorporation		1987
Number of Branches		335
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iTradeOnline Vs Indira Securities Charges & AMC

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

	iTradeOnline	Indira Securities
Trading Account Opening Charges	₹0 (Free)	₹0 (Free)
Trading Account AMC Charges	₹0 (Free)	₹0 (Free)
Demat Account Opening Charges	Regular: ₹0, Lifetime Free AMC: ₹1000	₹0 (Free)
Demat Account AMC Charges	Regular Demat: ₹300, Lifetime free AMC Demat: ₹0	₹450 (Free for 1st year)

iTradeOnline Vs Indira Securities Brokerage

iTradeOnline brokerage charges for equity is ₹20 per executed order or .01% whichever is lower and intraday is ₹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	₹0	NA
Equity Delivery Brokerage	₹20 per executed order or .01% whichever is lower	0.10%
Equity Intraday Brokerage	₹20 per executed order or .01% whichever is lower	0.01%
Equity Futures Brokerage	₹20 per executed order or .01% whichever is lower	0.01%
Equity Options Brokerage	₹20 per executed order or .01% whichever is lower	₹25 per lot (both side)
Currency Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower	0.01%
Currency Options Trading Brokerage	₹20 per executed order or .01% whichever is lower	₹25 per lot (both side)
Commodity Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower	0.01%
Commodity Options Trading Brokerage		₹25 per lot (both side)
Special Offer	Special Offer: Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback	Special Offer: FREE Account Opening (₹650 waived) + Brokerage free equity delivery trading (no commission) + Flat ₹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	₹0	NA
Equity Delivery Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order
Equity Intraday Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order
Equity Futures Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order
Equity Options Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order
Currency Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order
Currency Options Trading Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order
Commodity Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order
Commodity Options Trading Brokerage		₹20 per executed order
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iTradeOnline Charges Vs Indira Securities

Minimum Brokerage Charges	₹0 (No Minimum Brokerage)	₹20 per executed order
Other Brokerage Charges	Physical contact notes: ₹20
Call & Trade Charges	₹0 (Free)	₹0 (Free)

iTradeOnline Vs Indira Securities Transaction Charges

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

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

iTradeOnline provides the margin of Upto 20x (based on the stock) for intraday trades whereas the Indira Securities margin for intraday cash is Up to 10x (based on the stock).

	iTradeOnline	Indira Securities
Equity Delivery	Upto 5x (based on the stock)	1x (no margin)
Equity Intraday	Upto 20x (based on the stock)	Up to 10x (based on the stock)
Equity Futures	Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	1x (no margin)
Currency Futures	Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	1x (no margin)
Commodity Futures	Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span	Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure)
Commodity Options	Intraday - 100%(1x), Carry forward - 100%(1x) of Span	1x (no margin)
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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 Available
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 4.5 of 5 based on 2 customer reviews.

	iTradeOnline	Indira Securities
	7 Customer Reviews	2 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	iTradeOnline is rated 4.0 of 5 based on 7 customer reviews	Indira Securities is rated 4.5 of 5 based on 2 customer reviews

iTradeOnline Vs Indira Securities Investment Options

	iTradeOnline	Indira Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (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 (₹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 ₹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 ₹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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