Zerodha Vs Indira Securities (Compare Zerodha and Indira Securities)

Zerodha Vs Indira Securities

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 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.

	Zerodha	Indira Securities
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	NSE, BSE, MCX and NCDEX	BSE, NSE, MCX and NCDEX
Year of Incorporation	2010	1987
Number of Branches	22	335
	Open Zerodha Account

Zerodha Vs Indira Securities Charges & AMC

Zerodha trading account opening charges is Rs 200 while Indira Securities account opening changes is Rs 0 (Free). Zerodha Demat Account AMC Charges is Rs 300 and Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year).

	Zerodha	Indira Securities
Trading Account Opening Charges	Rs 200	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 300	Rs 450 (Free for 1st year)

Zerodha Vs Indira Securities Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.

Account Type	Zerodha Flat Brokerage Plan	Indira Securities Traditional Plan
Fixed Charges		NA
Equity Delivery	Rs 0 (Free)	0.10%
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	0.01%
Equity Futures	Rs 20 per executed order or .03% whichever is lower	0.01%
Equity Options	Rs 20 per executed order	Rs 25 per lot (both side)
Currency Futures	Rs 20 per executed order or .03% whichever is lower	0.01%
Currency Options	Rs 20 per executed order or .03% whichever is lower	Rs 25 per lot (both side)
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	0.01%
Commodity Options	Rs 20 per executed order or .03% whichever is lower	Rs 25 per lot (both side)
Special Offer	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.	Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.

Zerodha Vs Indira Securities Brokerage Plan 2

	Zerodha	Indira Securities
Account Type	Flat Brokerage Plan	Discount Brokerage Plan
Fixed Charges		NA
Equity Delivery	Rs 0 (Free)	Rs 20 per executed order
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	Rs 20 per executed order
Equity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 20 per executed order
Equity Options	Rs 20 per executed order	Rs 20 per executed order
Currency Futures	Rs 20 per executed order or .03% whichever is lower	Rs 20 per executed order
Currency Options	Rs 20 per executed order or .03% whichever is lower	Rs 20 per executed order
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 20 per executed order
Commodity Options	Rs 20 per executed order or .03% whichever is lower	Rs 20 per executed order
	Open Zerodha Account

Zerodha Charges Vs Indira Securities

Minimum Brokerage	0.03% in Intraday and F&O	Rs 20 per executed order
Other Charges	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges	Rs 50 per executed order	Rs 0 (Free)

Zerodha Vs Indira Securities Transaction Charges

Zerodha transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Indira Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).

	Zerodha	Indira Securities
Equity Delivery	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 325 per Cr (0.00325%)
Equity Intraday	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 325 per Cr (0.00325%)
Equity Futures	NSE Rs 200 per Cr (0.002%)	NSE Rs 190 per Cr (0.0019%)
Equity Options	NSE Rs 5300 per Cr (0.053%) (on premium)	NSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)	NSE Rs 120 per Cr (0.0012%)
Currency Options	NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)	NSE Rs 500 per Cr (0.005%) (on premium)
Commodity	Group A - Rs 260 per Cr (0.0026%)	Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%)
	Open Zerodha Account

Zerodha Vs Indira Securities Leverage (Margin)

Zerodha margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Indira Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Zerodha	Indira Securities
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
	Open Zerodha Account

Compare Zerodha and Indira Securities Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Indira Securities offers ODIN trading software.

	Zerodha	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	Kite Web, Kite Mobile for Android/iOS and Coin	ODIN
Intraday Square-off Time	Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close	3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Direct Mutual Funds, APIs for Algo Trading
	Open Zerodha Account

Zerodha Vs Indira Securities Review

Zerodha is rated 3.7 of 5 based on 459 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 4 customer reviews.

	Zerodha	Indira Securities
	459 Customer Reviews	4 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 459 customer reviews	Indira Securities is rated 4.0 of 5 based on 4 customer reviews

Contact Broker / Request A Call Back

Zerodha Vs Indira Securities Investment Options

	Zerodha	Indira Securities
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Zerodha Vs Indira Securities Order Type Offered

	Zerodha	Indira Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Zerodha Account

Zerodha Vs Indira Securities Research Report

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

Zerodha Vs Indira Securities Suitable For Investor Type

	Zerodha	Indira Securities
Casual Investor
Active Investor
Trader

Zerodha Vs Indira Securities - Pros and Cons

	Zerodha	Indira Securities
Pros	India's No. 1 broker in terms of the number of active clients and exchange volume. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is available.	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	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account. No margin funding.	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	Zerodha Special Offer Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O + Brokerage-free Direct Mutual Fund investment + Trade with the best trading platform in India. This is a limited-time offer. Open Instant Zerodha Account online and start trading today.	Indira Securities Special Offer 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.
	Open Zerodha Account