iTradeOnline Vs Trustline (Compare iTradeOnline and Trustline)


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


Trustline
Incorporated in 1989, Trustline Securities is a Noida based financial service provider. Trustline is a full-service broker for over 25 years. Trustline offers customised investment solutions to corporate, institutions and retail investors, through a wide network of offices across India. Trustline provides brokerage services through the online trading website and 400+ branch offices. Trustline research desk offers research based-on technical and fundamental analysis in equity, currency, and comm... Know more about Trustline Securities Ltd

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iTradeOnline Vs Trustline

Incorporated in , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in , Trustline is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  iTradeOnline Trustline
Type of Broker Discount Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation
Number of Branches
Open an Online Trading Account with iTradeOnline.Open an Online Trading Account with Trustline.
Enquire iTradeOnlineEnquire Trustline
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iTradeOnline Vs Trustline Charges & AMC

iTradeOnline trading account opening charges is Rs 0 (Free) while Trustline account opening changes is Rs 0 (Free). iTradeOnline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 and Trustline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0.

  iTradeOnline Trustline
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 Regular: Rs 0, Lifetime Free AMC: Rs 1000
Demat Account AMC Charges Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0
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iTradeOnline Vs Trustline Brokerage Charges & Plans

iTradeOnline Vs Trustline 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 Trustline brokerage charges for equity is 0.20% (20 paisa) and intraday is 0.02% (2 paisa).

  iTradeOnline Trustline
Account Type Pay Per Trade Full-service Brokerage Plan
Fixed Charges Rs 0
Equity Delivery Rs 20 per executed order or .01% whichever is lower 0.20% (20 paisa)
Equity Intraday Rs 20 per executed order or .01% whichever is lower 0.02% (2 paisa)
Equity Futures Rs 20 per executed order or .01% whichever is lower 0.02% (2 paisa)
Equity Options Rs 20 per executed order or .01% whichever is lower Rs 75 per lot
Currency Futures Rs 20 per executed order or .01% whichever is lower 0.02% (2 paisa)
Currency Options Rs 20 per executed order or .01% whichever is lower Rs 7.5 per lot
Commodity Futures Rs 20 per executed order or .01% whichever is lower Future: 0.02% (2 paisa) | Options: Rs 50 per lot
Commodity Options
Special Offer
Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

iTradeOnline Charges Vs Trustline

Minimum Brokerage Rs 0 (No Minimum Brokerage) Rs 0 (No Minimum Brokerage)
Other Charges Physical contact notes: Rs 20 Physical contact notes: Rs 20
Call & Trade Charges Rs 0 (Free) Rs 0 (Free)
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iTradeOnline Vs Trustline Transaction Charges

iTradeOnline transaction charges for options is NSE Rs 5000 per crore (0.05%) while Trustline exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  iTradeOnline Trustline
Equity Delivery NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Intraday NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Futures NSE Rs 190 per crore (0.0019%) NSE Rs 190 per crore (0.0019%)
Equity Options NSE Rs 5000 per crore (0.05%) NSE Rs 5000 per crore (0.05%)
Currency Futures NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%) NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%)
Currency Options NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500 NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500
Commodity MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%) MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%)
Enquire iTradeOnlineEnquire Trustline
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iTradeOnline Vs Trustline 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 Trustline 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 Trustline
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)
Enquire iTradeOnlineEnquire Trustline
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Compare iTradeOnline and Trustline Features

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

  iTradeOnline Trustline
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
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. 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 Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Referral Program
Enquire iTradeOnlineEnquire Trustline
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iTradeOnline Vs Trustline Review

iTradeOnline is rated 4.0 of 5 based on 7 customer reviews whereas Trustline is rated 4.0 of 5 based on 1 customer reviews.

  iTradeOnline Trustline
  7 Customer Reviews    Rate iTradeOnline 1 Customer Reviews    Rate Trustline
Fees 3.9 4.0
Brokerage 4.1 3.0
Trading Platform 3.9 4.0
Customer Service 3.7 4.0
Research Capabilities 1.0
Overall Ratings Rated 4.0 stars Rated 4.0 stars
Broker Rating iTradeOnline is rated 4.0 of 5 based on 7 customer reviews Trustline is rated 4.0 of 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

  iTradeOnline Enquire Trustline Enquire
Contact Broker Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
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iTradeOnline Vs Trustline Investment Options

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

  iTradeOnline Trustline
Bracket Order
Cover Order Yes
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Enquire iTradeOnlineEnquire Trustline
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iTradeOnline Vs Trustline Research Report

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

  iTradeOnline Trustline
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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iTradeOnline Vs Trustline - Pros and Cons

  iTradeOnline Trustline
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.
  • Research based fundamental and technical analysis available to all the customers.
  • 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
  • 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.
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.
  • Separate account needed for Mutual Funds investment.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API is now available.
  • No extra charge for intraday or expiry positions closed by the broker.
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.

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 Trustline representatives will contact you.

Enquire iTradeOnlineEnquire Trustline

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