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Motilal oswal | HDFC Securities | Sharekhan | IIFL securities | SBI Securities | Choice | Kotak Securities | AXIS Direct | Geojit | Nuvama (Edelweiss) | |
---|---|---|---|---|---|---|---|---|---|---|
Brokerage | Rs. 20 per order on intraday trades | Rs. 20 per order on intraday trades | Options Trades: 2.50% or Rs 250 per lot on the premium (whichever is higher) | Rs. 25 Per Lot in Equity option | Rs. 100 Per Lot in Equity option | Rs. 25 Per Lot in Equity option | Rs. 20 Per Trade | Rs. 10 Per Lot in Equity option | flat Rs. 20 per trade for Intra-day and F&O | Rs. 75 Per Lot in Equity option |
Offline no. brokerage / regestered AP. | 5000+ | 250 | 4695 | 15000 | 24 | 29000 | na | na | 300 | na |
Year of establishment | 1987 | 2000 | 2000 | 1996 | 2005 | 2010 | 1994 | 2011 | 1987 | 2008 |
Algo trading available | Yes | No | Yes | Yes | No | Yes | Yes | No | No | No |
Api charges | Free | no cost or a very nominal charge | Free | na | Free | |||||
Call & trade charges | Rs. 25 Per Order | Rs. 50 Per Order | Call & Trade is free for first 30 calls a month. After that, it is charged at Rs 10 per call | Rs. 20 per call | Free | |||||
Mobile application rating play store | 4+ | 4.3 | 3.3 | 4.3 | 3.7 | 3.7 | 4.1 | 3.2 | 3.5 | 4.3 |
Amc charges | Rs 400 (Free for 1st Year) | Rs 750 (Free for 1st Year) | Rs 400 | Rs 250 (Free for 1st Year) | 350 | Rs 200 (Free for 1st Year) | Rs. 600 | Rs 650 | Rs 600 | Rs 500 (Free for 1st Year) |
Offline support | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Regiestered client | 50,00,000 | 11,26,177 | 16,00,000 | 40,00,000 | 6,35,000 | 3800000 | 333638 | 2,35,090 | 218206 | |
Research & advisory services | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Head office location | Mumbai | Mumbai | Mumbai | Mumbai | Mumbai | Mumbai | Mumbai | Mumbai | Kochi, Kerala | Mumbai |
Complaints | 33 | 182 | 178 | 605 | 234 | 116 | 605 | 108 | 15 | 107 |
Referral amount | 500 | 200 | ₹400 for every referred friend who generates ₹40 brokerage! | ₹ 500 gift voucher | Rs. 300 (Cash/Voucher) | 1000 | ₹500 for every referral and 10% brokerage benefit | 300 | 10 or more reference will be eligible to get 100% discount in first year subscription charges | shopping voucher of Rs.500 |