Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
-3.64% 12,999 Clients
Zerodha (Flat Rs 20 Per Trade)
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 and start trading today.
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 commodity. The company has its own research team which regularly publishes investment advice, stock tips, company reports, result analysis, and news. The recommendations are offered to all of its customers for free. The recommendations are also flashed live on its trading platform.
Trustline membership includes BSE, NSE, MCX, and NCDEX for stock and commodity trading and CDSL & NSDL for depository services. Trustline Sec is a SEBI registered stock broker and depository service provider.
Trustline trading platform is powered by Omnesys NSET. Omnesys offers one of the best software's for security trading in India. NEST order management system (OMS) and Risk management system (RMS) are the most stable and powerful offerings in India. The front-end of the trading platform is built and maintained by the broker.
Trustline offers demat account services through its depository participant (DP) membership with CDSL and NSDL. Trustline also has Portfolio Management Services (PMS) License by SEBI and Insurance Broking License by IRDA.
Services offered by Trustline:
Following are unique selling points of Trustline Securities:
Trustline offers 2 types of accounts to target different customer needs.
Account Type |
Local Branch Support? |
Call & Trade (Free) |
Online/Mobile trading application? |
|---|---|---|---|
Online account |
Yes |
Yes |
Yes |
Offline account |
Yes |
Yes |
Yes |
|
Trading Account Opening Charges (One Time) |
|
|
Trading Annual maintenance charges (AMC) |
Rs 0 |
|
Demat Account Opening Charges (One Time) |
|
|
Demat Account Annual Maintenance Charges (AMC) |
|
Note:
|
Segment |
|
Brokerage Fee |
|---|---|---|
|
Equity |
Intra-day |
0.02% (2 paisa) |
|
Delivery |
0.20% (20 paisa) |
|
|
Futures |
0.02% (2 paisa) |
|
|
Options |
Rs 75 per lot |
|
|
Commodity |
Futures |
0.02% (2 paisa) |
|
Options |
Rs 50 per lot |
|
|
Currency |
Futures |
0.02% (2 paisa) |
|
Options |
Rs 7.5 per lot |
Particulars | Plan A (Regular Demat) | Plan B (Lifetime Free AMC) |
|---|---|---|
Account Opening | Nil | |
Annual Maintenance Charges (AMC) | Rs 300 | Nil |
One Time Fee (Lifetime AMC) | Nil | Rs 1000 |
Document + Stationary Charges | Rs 50 | Rs 50 |
POA Stamp + Notary Charges | Nil | |
Incoming of Shares | Nil | |
Outgoing of Shares (Off Mkt / Inter-DP) – Per Instruction & Per Scrip | 0.03% of the value of the security (Min Rs 20) | 0.03% of the value of the security (Min Rs 18) |
Pledge Creation/Closure/Invocation – Per Instruction & Per Scrip | 0.05% of the value of the security (Min Rs 100 per Scrip) | |
Demat Processing Charges | Rs 50 per script (Up to 25 certificates) + Rs 5 per additional certificate | |
Remit Processing Charges | Rs 100 per security (per 100 qty.) | |
Delivery Instruction Booklet | Rs 25 per booklet (10 leaves) | |
Trustline Securities doesn't charge any minimum brokerage. This is a big advantage for people who trade in small quantity or in penny stocks. Trustline competitors like Sharekhan charges minimum brokerage of 5 paise per share in intra-day trading and 10 paise per share in delivery based trades.
Visit Trustline Brokerage Charges Review for more detail.
Zerodha (Flat Rs 20 Per Trade)
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 and start trading today.
Trustline offers trading and demat account (2-in-1 account). This allows the customer to trade at BSE, NSE, and MCX. For investing in Mutual Funds, you should open a separate Mutual Fund Investment Account with Trustline.
Trustline allows account opening in 3 easy ways:
You could open an instant trading and demat account with Trustline if you are eKYC complaint and your Aadhar number is linked with your correct phone number.
This is the paperless and fastest way to open an account.
You could visit the Trustline branch in your city to open an account with them. You could also request the Trustline representative to visit your home/office to open the account.
You could request the account opening forms from customer service. The account opening form is couriered to you. You could fill the form and send it to the given address.
The equity & commodity trading and demat accounts are opened within 24 hours from when the broker receives the complete and correct forms.
Trustline Securities offers an online trading platform to its online customers for free. The trading platform includes a trading terminal for active traders, a website for casual traders and a mobile app for on-the-go traders.
The front-end of these trading platforms is built in-house by Trustline. In the back-end, they use API's, Risk Management System (RMS) and Order Management System (OMS) from OMNESYS NEST suite of products.
Omnesys NEST is an industry leading 3rd party online trading software provider. It is used by over 200 traditional and discount stock brokers in India. It is the most stable, feature-rich and powerful trading platform for trading at BSE, NSE, and MCX.;
Trustline Online Trading Software
Platform |
Type |
Description |
|---|---|---|
Trust Power |
Trading Terminal |
Installable trading terminal for Windows. Design for frequent traders who need speed, analysis tools, charts, shortcut key and complete suite of tools related to trading. |
T5 |
Website |
Web (browser) based trading platform with streaming quotes and rich user experience. It works with all devices with the web browser. |
iTrade |
Android, iOS App |
Android and Apple iOS mobile trading app for on-the-go-traders. The fully functional trading app has streaming quotes, trading across segment and exchanges, reports and fund transfer features. |
All the above trading software's are available for free of charges to all online and direct customers.
Visit Trustline Trading Software Review for more detail.
Zerodha (Flat Rs 20 Per Trade)
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 and start trading today.
The following are the advantages of Trustline. You must read Trustline advantages and disadvantages before opening an account with Trustline. Trustline pros and cons help you find if it suits your investment needs.
The following are the cons of Trustline. Check the list of Trustline drawbacks.
Trustline margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Trustline F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Trustline F&O carry forward positions and equity delivery trades.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value for T+5 days | 1x |
| Equity Intraday | Up to 20% of trade value | 5x |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure + Delivery margin) | 1x |
| Overall Rating |  2.8/5 |
| Fees | 2.8/5 |
| Brokerage |  2.3/5 |
| Usability |  3.0/5 |
| Customer Service | 3.0/5 |
| Research Capabilities | 2.3/5 |
Based on 4 Votes by Trustline Customers
Do you trade with Trustline? Rate Trustline
The number of Trustline customer complaint received by the exchanges. The Trustline consumer complaint report helps understanding the Trustline Securities Ltd quality and relibility of service.
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
|---|---|---|---|---|
| NSE | 2023-24 | 12,999 | 6 | 0.05% |
| NSE | 2022-23 | 13,490 | 8 | 0.06% |
| BSE | 2022-23 | 3,191 | 2 | 0.06% |
| NSE | 2021-22 | 14,554 | 2 | 0.01% |
| NSE | 2020-21 | 11,735 | 10 | 0.09% |
| BSE | 2020-21 | 2,532 | 1 | 0.04% |
| NSE | 2019-20 | 11,517 | 4 | 0.03% |
| NSE | 2018-19 | 11,461 | 11 | 0.1% |
| BSE | 2018-19 | 2,001 | 1 | 0.05% |
| NSE | 2017-18 | 12,948 | 5 | 0.04% |
* The number of active customers reported by the broker.
** The total number of complaints received against the broker at the given exchange.
Visit Trustline Complaints at BSE, NSE and MCX for detail report.
Zerodha (Flat Rs 20 Per Trade)
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 and start trading today.
|
| Link|January 27, 2020 10:34:53 PM
Are you a Zerodha Customer?
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
Ratings:
Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Below Average
Overall Experience - Very Poor