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Indira Securities Vs Karvy: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Indira Securities ranges between 0.01% to 0.10% while the brokerage of Karvy ranges between 0.03 to 0.3%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Indira Securities is 8,801 where number of active customer for Karvy is . Indira Securities is serving more customer compare to Karvy.

Here we present side-by-side comparison of Indira Securities vs Karvy share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Indira Securities vs Karvy's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Indira Securities vs Karvy share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Indira Securities vs Karvy's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Indira Securities vs Karvy on Service

  Indira Securities Compare
Indira Securities
Karvy Compare
Karvy
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 8,801
Broker Overview Open a free Indira Securities account and trade Faster and Smarter with Trade Insta Mobile app and Trader Terminal platform. Algo trading, free research calls & trading tips, portfolio management services, and mutual fund robotic advisory are the... Know more about Indira Securities One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Indira Securities vs Karvy on Trading & Demat Account Opening Charges

Comparison of Indira Securities with Karvy on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Indira Securities charges Rs 400 PA AMC for Demat account where Karvy charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Indira Securities with Karvy
Charges Indira Securities Karvy
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 500 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Indira Securities vs Karvy on Plan Options

Plans are the most important feature you look when compare Indira Securities with Karvy. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Indira Securities with Karvy on Plan Options
Plan Types Indira Securities Karvy
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Indira Securities vs Karvy on Brokerage Charges

Indira Securities Brokerage Plan detail - Indira Trade offers a fixed % based brokerage plan to customers.

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

Brokerage Charges - Compare Indira Securities with Karvy
Brokerage Charges Compare Indira Securities Karvy
Plan Name Traditional Brokerage Plan Basic Trading Plan (Percentage Based)
Equity Delivery 0.10% 0.3% or 30 paisa
Equity Intraday 0.01% 0.03% or 3 paisa
Equity Futures 0.01% 0.03% or 3 paisa
Equity Options Rs. 25 per lot (both side) Rs 50 Per Lot
Currency Futures Flat Fee Rs 20 0.03% or 3 paisa
Currency Options Futures: 0.01%|Options: Rs. 25 per lot (both side) Rs 50 Per Lot
Commodity Trading Futures: 0.01%|Options: Rs. 25 per lot (both side) 0.03% or 3 paisa
Minimum Brokerage NA NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Free Call 18004198283 number for Call and Trade, SMS Order faclity also available
Auto Square off Charges Free Call 18004198283 number for Call and Trade, SMS Order faclity also available
Brokerage Calculator Brokerage Calculator for Indira Securities Brokerage Calculator for Karvy
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Share Broker's Transaction Charges

Compare Indira Securities vs Karvy on Transaction Charges

Compare Indira Securities with Karvy on transaction charges and PCM fee by segment.

Transaction Charges - Compare Indira Securities with Karvy
Transaction Charges Compare Indira Securities Karvy
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri Rs 260| Agri Rs 600 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for indira-securities Complete Brokerage Plans for karvy
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Account Features

Compare Indira Securities vs Karvy on Account Features

Compare Indira Securities with Karvy on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Indira Securities offers a margin funding where Karvy doesn't offers margin funding. NRI Trading - Indira Securities offers NRI where Karvy doesn't offers NRI Trading.

Account Features - Indira Securities with Karvy
Account Features Compare Indira Securities Karvy
3 in 1 Account No Indira Securities have 2-in-1 account. Only Demate and Trading account. No Indira Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15 PM 3:15 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Indira Securities vs Karvy on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Indira Securities and Karvy. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Indira Securities with Karvy
Trading Platform Compare Indira Securities Karvy
Desktop Trading Platform ODIN Diet Karvy NESTTrader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.indiratrade.com/trade-online https://trade.karvyonline.com/KARVY/Login/indexauth.jsp
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App TradeInsta KarvyOnline
Mobile Trading App Demo TradeInsta Demo KarvyOnline Demo
Android Mobile App Yes Yes
Android App Download Andriod TradeInsta Download Andriod KarvyOnline Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS TradeInsta Download iOS KarvyOnline Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Indira Securities Equity Intraday and Delivery Brokerage Calculator for Karvy
Futures Brokerage Calculator Futures Brokerage Calculator for Indira Securities Futures Brokerage Calculator for Karvy
Options Brokerage Calculator Options Brokerage Calculator for Indira Securities Options Brokerage Calculator for Karvy
Detail Detail on Trading Platforms for indira-securities Detail on Trading Platforms for karvy

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Broker Ratings by Users

Compare Indira Securities vs Karvy on User Rating

  Indira Securities Karvy
  1 Customer Reviews    Rate Indira Securities 3 Customer Reviews    Rate Karvy
Fees Ratings 2.0 2.7
Trading Brokerage Rating 4.0 2.3
Trading Platform Usability 2.0 2.3
Customer Service Ratings 2.0 3.7
Overall Ratings 3.0 2.7
Broker Rating Indira Securities is Rated 3.0 / 5 based on 1 customer reviews Karvy is Rated 2.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare Indira Securities vs Karvy on Investment Offerings

Compare Indira Securities with Karvy on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Karvy provides PMS Service where Indira Securities doesn't offer

Investment Offerings - Compare Indira Securities with Karvy
Investment Offerings Compare Indira Securities Karvy
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service No Yes
Other Investment Options NIL Insurance
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Order Types

Compare Indira Securities vs Karvy on Order Types

Order Type - Compare Indira Securities with Karvy on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Indira Securities offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- Indira Securities offers Good Till Cancelled (GTC) orders where Karvy doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Indira Securities with Karvy
Order Type Compare Indira Securities Karvy
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes No
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Indira Securities vs Karvy on Customer Service

Compare Indira Securities with Karvy on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Indira Securities with Karvy
Customer Service Compare Indira Securities Karvy
24/7 Customer Service Indira Securities vs Karvy - 24x7 customer support Yes No
Email Support Indira Securities vs Karvy - Email Support Yes Yes
Onine Live Chat Indira Securities vs Karvy - Onine Live Chat Yes No
Phone Support Indira Securities vs Karvy - Phone Support Yes Yes
Toll Free Number Indira Securities vs Karvy - Toll Free Number Yes Yes
Through Branches Indira Securities vs Karvy - Through Branches Yes Yes
Customer Care Number Indira Securities vs Karvy - Customer Care Number +91-(0)731-4797105/115/146 18004198283/7093706007/18004198283
Account Opening Process Indira Securities vs Karvy - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Indira Securities vs Karvy - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Indira Securities vs Karvy - Knowledge Center/Education https://www.indiratrade.com/blog https://www.karvyonline.com/knowledge-center/index
Head Office Address Indira Securities vs Karvy - Head Office Address/Corporate Address
  • Registered Office


    Indira House,
    3rd Floor, 5 Topiwala Lane,
    Opp.Lamington Road Police Station,
    Grant Road (East),
    Mumbai - 400007.
  • Corporate Office


    Indira Securities Pvt Ltd
    204 Amar Darshan,
    28/02, Old Palasia,
    Indore - 452018
Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Website Indira Securities vs Karvy - Company Website https://www.indiratrade.com/ www.karvyonline.com
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Tips/Research/Reports Published

Compare Indira Securities vs Karvy on Research Reports, Tips

Compare Indira Securities with Karvy on research reports and tips provided by the broker.

Research Reports - Compare Indira Securities with Karvy
  Indira Securities Karvy
Research Mutual Funds Indira Securities vs Karvy - Research Mutual Funds No No
Research Equity Reports Indira Securities vs Karvy - Research Equity Reports Yes No
Research ETF Indira Securities vs Karvy - Research ETF No No
Daily Market Report Indira Securities vs Karvy - Daily Market Report Yes Yes
Free Tips Indira Securities vs Karvy - Free Tips Yes Yes
Quarterly Result Analysis Indira Securities vs Karvy - Quarterly Results Yes Yes
News Alerts Indira Securities vs Karvy - Yes Yes
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Demat Account

Compare Indira Securities vs Karvy on Demat Account

Compare Indira Securities with Karvy on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Karvy is ₹365 pa where for Indira Securities is ₹450 pa (Second year onwards).

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Indira Securities is ₹20 or 0.02% whichever is higher where for Karvy is ₹15 per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Indira Securities with Karvy
  Indira Securities Karvy
DP Source CDSL CDSL
DP ID Indira Securities vs Karvy - DP ID 752000 33200
Demat Account Annual Maintenance Charges(AMC) ₹450 pa (Second year onwards) ₹365 pa
Advance Deposit Nil NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹20 or 0.02% whichever is higher ₹15 per transaction
Demat ₹5 per certificate + ₹35 courier charges ₹5 per certificate + ₹40 courier charges
Remat ₹50 per RRN ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹50 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Creation Confirmation Nil 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure ₹50 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure Confirmation Nil 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Invocation ₹50 or 0.02% whichever is higher 0.03% of transaction value (Min ₹100 and Max ₹5k)
Failed Instruction Charges ₹25 ₹100
Other Charges Book Charges ₹20,POA Charges ₹130 Nil
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Special Offers,Advantages,Disadvantages

Compare Indira Securities vs Karvy on Special Offers and Promotion

Compare Indira Securities with Karvy on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Indira Securities vs Karvy on Special Offers and Promotion
  Indira Securities Karvy
Pay In and Pay Out Options Indira Securities vs Karvy - Pay In and Pay Out Options

Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta.

Pay-out/Fund Withdrawal - Bank Transfer only

Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Indira Securities vs Karvy - Payout Time

Max 24 hrs except bank holidays

Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Indira Securities vs Karvy - Bank Supported and Charges

Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).

Around 40+ bank are prefered parter with Karvy Stock Broking.
Bank Detail HDFC Bank
Account#00360340002251
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
IFSC Code:HDFC0000036
Info Not Available
Likes
  • Trade in shares, derivatives, commodities, and currencies.
  • Paperless account opening at zero charges.
  • Invest in mutual funds online.
  • Safe & secure trading platform; Trade Insta app and Trader Terminal.
  • Free stock trading tips, and research & advisory.
  • Automated trading and robotic advisory services.
  • Free call & trade
  • Place advance order like bracket order, cover order, after market order.
  • Refer & earn benefits.
  • Margin trading facility.

Detail Review...

Detail Review...

Dislikes
  • 24*7 customer support is not available.
  • You cannot open a 3-in-1 account with Indira Securities.
  • It doesn’t facilitate NRI trading services.
  • High brokerage charges compared to other brokers.
  • MF Planet platform only provides regular mutual fund schemes.

Detail Review...

  • 3-in-1 account opening facility is not available with Karvy.

Detail Review...

Special Offers/Promo Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T06:48:55+00:00