Background Services | ||
---|---|---|
Type of Broker | Full Service | Discount Broker |
Founded | 1995 | 2013 |
Active Clients | 1,05,981 | 3,125 |
Product Offered | Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds. | Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds. |
Depository | NSDL & CDSL | NSDL |
Advisory / Research tips | ||
Advisory | Yes | No |
Charges | ||
Account Opening Charges | ||
Trading Account | Rs. 0 | Rs. 200 |
Demat Account | Rs. 0 | Rs. 200 |
Commodity Account | Rs. 0 | Rs. 200 |
Annual Maintenance Charges | ||
Trading Account | Rs. 0 | Rs. 0 |
Demat Account | Rs. 0 | Rs. 200 |
Commodity Account | Rs. 0 | Rs. 0 |
Brokerage Charges | ||
Equity Delivery | 0.3% on turnover | Rs. 9 or 0.1% on turnover (whichever is lower) per order OR Monthly Brokerage Plan - of Rs. 999 per month |
Equity Intraday | 0.03% on turnover | Rs. 9 or 0.01% on turnover (whichever is lower) per order OR Monthly Brokerage Plan - Rs. 999 per month |
Equity Futures | Rs. 60 per lot | Per Trade Brokerage Plan - Rs. 9 per order OR Monthly Brokerage Plan - Rs. 999 per month |
Currency Futures | Rs. 10 per lot | Per Trade Brokerage Plan - Rs. 9 per order OR Monthly Brokerage Plan - Rs. 499 per month |
Commodity Futures | 0.03% on turnover | Per Trade Brokerage Plan - Rs. 9 per order OR Monthly Brokerage Plan - Rs. 999 per month |
Equity Options | Rs. 60 per lot | Per Trade Brokerage Plan - Rs. 9 per order OR Monthly Brokerage Plan - Rs. 999 per month |
Currency Options | Rs. 10 per lot | Per Trade Brokerage Plan - Rs. 9 per order OR Monthly Brokerage Plan - Rs. 499 per month |
Commodity Options | 0.03% on turnover | Per Trade Brokerage Plan-Rs. 9 per order OR Monthly Brokerage Plan - Rs. 999 per month |
Technology | ||
Trading Platform | Odin. | Alpha Trader & Nest Trader. |
Features | -. | |
Shortcut Keys | Yes | Yes |
Heat Map | Yes | Yes |
Charting | Yes | Yes |
Intraday Data (Days) | - | 21+ Days |
EOD Data (Days) | - | 2190+ Days (6 Years) |
Leverages | ||
Equity Delivery | 3 - 4x on turnover | No leverage |
Intraday | ||
Equity Spot | 10x on turnover | 8x on turnover |
Equity Futures and Options | 3 - 4x on ESM | 2x on ESM |
Currency Futures and Options | 3 - 4x on ESM | 2x on ESM |
Commodity Futures and Options | No leverage | 2x on ESM |
Intraday with BO & CO | ||
Equity Spot | 10x on turnover | 20x on turnover |
Equity Futures and Options | 3 - 4x on ESM | Futures - 7x on ESM Options Short - 5x on ESM Options Buying - 2x on ESM |
Currency Futures and Options | 3 - 4x on ESM | Futures - 4x on ESM Options Short - 4x on ESM Options Buying - 2x on ESM |
Commodity Futures and Options | No leverage | 10x on ESM in Crude Oil & Natural Gas 5x on ESM in all other futures |
Customer Support | ||
Phone | Yes | Yes |
Yes | Yes | |
Transaction Alerts | Yes | Yes |
Live Chat | Yes | No |
Relationship Manager | Yes | No |