Background Services | ||
---|---|---|
Type of Broker | Discount Broker | Discount Broker |
Founded | 1992 | 1995 |
Active Clients | 26,305 | 9,030 |
Product Offered | Equity Spot, Futures & Options in Equity, Currency and Commodity. | Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds. |
Depository | NSDL & CDSL | NSDL & CDSL |
Advisory / Research tips | ||
Advisory | Yes | No |
Charges | ||
Account Opening Charges | ||
Trading Account | Rs. 750 for Equity, Demat & Commodity trading account | Rs. 200 |
Demat Account | Rs. 750 for Equity, Demat & Commodity trading account | Rs. 0 |
Commodity Account | Rs. 750 for Equity, Demat & Commodity trading account | Rs. 0 |
Annual Maintenance Charges | -. | |
Trading Account | Rs. 0 | Rs. 0 |
Demat Account | Rs. 0 | Rs. 200 per year OR Rs. 500 for 5 years OR Rs. 900 for 10 years |
Commodity Account | Rs. 0 | Rs. 0 |
Brokerage Charges | -. | |
Equity Delivery | Regular Plan - Zero OR Premium Plan - 50p or 0.50% per order |
Rs. 0 |
Equity Intraday | Regular Plan - Rs. 20 or 0.01% on turnover OR Premium Plan - 5p or 0.05% on turnover per order |
Rs. 9 or 0.01% on turnover (whichever is lower) per order |
Equity Futures | Regular Plan - Rs. 20 or 0.01% on turnover OR Premium Plan - 5p or 0.05% per order |
Rs.9 per order OR Rs. 799 per month |
Currency Futures | Regular Plan - Rs. 20 or 0.01% on turnover OR Premium Plan - 5p or 0.05% per order |
Rs.9 per order OR Rs. 799 per month |
Commodity Futures | Regular Plan - Rs. 20 or 0.01% on turnover OR Premium Plan - 5p or 0.05% per order |
Rs.9 per order OR Rs. 799 per month |
Equity Options | Regular Plan - Flat Rs. 20 per order OR Premium Plan - Flat Rs. 80 per lot |
Rs.9 per order OR Rs. 99 per month |
Currency Options | Regular Plan - Flat Rs. 20 per order OR Premium Plan - Flat Rs. 80 per lot |
Rs.9 per order OR Rs. 99 per month |
Commodity Options | Regular Plan - Flat Rs. 20 per order OR Premium Plan - Flat Rs. 80 per lot |
Rs.9 per order OR Rs. 99 per month |
Technology | ||
Trading Platform | Nest Trader. | Infini Power. |
Features | ||
Shortcut Keys | Yes | Yes |
Heat Map | No | No |
Charting | Yes | Yes |
Intraday Data (Days) | 21+ Days | 10+ Days |
EOD Data (Days) | 5475+ Days (15 Years) | 2555+ Days (7 Years) |
Leverages | ||
Equity Delivery | Regular Plan - Zero OR Premium Plan - 2x on turnover |
No leverage |
Intraday | ||
Equity Spot | Regular Plan - 10x on turnover OR Premium Plan - 20x on turnover |
10x on turnover |
Equity Futures and Options | Regular Plan - 3x on ESM OR Premium Plan - 5x on ESM |
2x on ESM |
Currency Futures and Options | Regular Plan - 3x on ESM OR Premium Plan - 5x on ESM |
2x on ESM |
Commodity Futures and Options | Regular Plan - 3x on ESM OR Premium Plan - 5x on ESM |
2x on ESM |
Intraday with BO & CO | -. | |
Equity Spot | Regular Plan - 22x on turnover OR Premium Plan - 40x on turnover |
30x-40x on turnover |
Equity Futures and Options | Regular Plan - 7x on ESM OR Premium Plan - 10x on ESM |
3% of contract value |
Currency Futures and Options | Regular Plan - 7x on ESM OR Premium Plan - 10x on ESM |
NIL |
Commodity Futures and Options | Regular Plan - 7x on ESM OR Premium Plan - 10x on ESM |
20% SPAN or SPAN/5 for commodity futures |
Customer Support | ||
Phone | Yes | Yes |
Yes | Yes | |
Transaction Alerts | Yes | No |
Live Chat | Yes | Yes |
Relationship Manager | No | No |