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Zerodha Vs Indira Securities: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Zerodha Max Rs 20 per trade while the brokerage of Indira Securities ranges between 0.01% to 0.10%. Zerodha is a Discount Broker where Indira Securities is a Full Service Broker. Zerodha is having overall higher rating compare to Indira Securities. Zerodha is rated 4.5 out of 5 where Indira Securities is rated only 4 out of 5. Number of active customer for Zerodha is 72,87,148 where number of active customer for Indira Securities is 8,801. Zerodha is serving more customer compare to Indira Securities.

Here we present side-by-side comparison of Zerodha vs Indira Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Zerodha vs Indira Securities'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 Zerodha vs Indira Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Zerodha vs Indira Securities'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 Zerodha vs Indira Securities on Service

	Zerodha	Indira Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Full Service Broker
Exchanges Supported	NSE, BSE, MCX	NSE, BSE, MCX
Active Clients	72,87,148	8,801
Broker Overview	Zerodha is India's number 1 discount broker offering free equity and mutual fund investment, Rs 20 flat brokerage trading, and user-friendly Kite trading platform.	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...
Broker Enquiry

Account Opening Charges and AMC

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

Comparison of Zerodha with Indira Securities on trading & demat account opening charges and AMC. Trading account opening charges - Indira Securities offer Free account opening where Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening. Demat AMC charges - Zerodha charges Rs 300 PA AMC for Demat account where Indira Securities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Zerodha with Indira Securities

Charges	Zerodha	Indira Securities
Trading Account Opening Fees	Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com)	Free
Trading AMC	Free	Free
Demat Account Opening Fees	Free	Free
Demat AMC	Rs 300 PA	Rs 400 PA
Provide DP Service

About Brokerage Plans

Compare Zerodha vs Indira Securities on Plan Options

Plans are the most important feature you look when compare Zerodha with Indira Securities. 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 Zerodha with Indira Securities on Plan Options

Plan Types	Zerodha	Indira Securities
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

Brokerage Charges

Compare Zerodha vs Indira Securities on Brokerage Charges

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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

Share Broker's Transaction Charges

Compare Zerodha vs Indira Securities on Transaction Charges

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

Account Features

Compare Zerodha vs Indira Securities on Account Features

Compare Zerodha with Indira Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Zerodha offers 3-in-1 account where Indira Securities offers only 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 Zerodha doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Zerodha with Indira Securities

Account Features Compare	Zerodha	Indira Securities
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:10 PM	3:15 PM
NRI Trading
Other Features	NIL	NIL

Trading Platform

Compare Zerodha vs Indira Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Zerodha and Indira Securities. 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 Zerodha with Indira Securities

Trading Platform Compare	Zerodha	Indira Securities
Desktop Trading Platform	Kite By Zerodha	ODIN Diet
Desktop Demo	Info Not Available	Desktop Demo
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail		https://www.indiratrade.com/trade-online
Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Site
Mobile Trading
Mobile Trading App	Zerodha Kite	TradeInsta
Mobile Trading App Demo	Zerodha Kite Demo	TradeInsta Demo
Android Mobile App
Android App Download	Andriod Zerodha Kite Download	Andriod TradeInsta Download
iPhone Mobile App (IOS)
iOS App Download	iOS Zerodha Kite Download	iOS TradeInsta Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for Zerodha	Equity Intraday and Delivery Brokerage Calculator for Indira Securities
Futures Brokerage Calculator	Futures Brokerage Calculator for Zerodha	Futures Brokerage Calculator for Indira Securities
Options Brokerage Calculator	Options Brokerage Calculator for Zerodha	Options Brokerage Calculator for Indira Securities
Detail	Detail on Trading Platforms for zerodha	Detail on Trading Platforms for indira-securities

Broker Ratings by Users

Compare Zerodha vs Indira Securities on User Rating

	Zerodha	Indira Securities
	160 Customer Reviews	1 Customer Reviews
Fees Ratings	4.0	2.0
Trading Brokerage Rating	4.4	4.0
Trading Platform Usability	3.7	2.0
Customer Service Ratings	3.8	2.0
Overall Ratings	3.9	3.0
Broker Rating	Zerodha is Rated 3.9 / 5 based on 160 customer reviews	Indira Securities is Rated 3.0 / 5 based on 1 customer reviews

Investment Offerings

Compare Zerodha vs Indira Securities on Investment Offerings

Compare Zerodha with Indira Securities 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) - both the brokers don't have PMS Service.

Investment Offerings - Compare Zerodha with Indira Securities

Investment Offerings Compare	Zerodha	Indira Securities
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL

Order Types

Compare Zerodha vs Indira Securities on Order Types

Order Type - Compare Zerodha with Indira Securities 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) - Indira Securities provides Bracket Orders (BO) where Zerodha doesn't offer.With the name its cleare 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 higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Zerodha with Indira Securities

Order Type Compare	Zerodha	Indira Securities
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare Zerodha vs Indira Securities on Customer Service

Compare Zerodha with Indira Securities 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 Zerodha with Indira Securities

Customer Service Compare	Zerodha	Indira Securities
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	"+ 91 80 4040 2020"	+91-(0)731-4797105/115/146
Account Opening Process	Online/Paperless	Online/Paperless
Customer Support Email	[email protected]	[email protected]
Knowledge Center/Education	https://zerodha.com/varsity/	https://www.indiratrade.com/blog
Head Office Address	Zerodha Headquater #153/154 4th Cross Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore - 560078	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
Website	https://zerodha.com/	https://www.indiratrade.com/

Tips/Research/Reports Published

Compare Zerodha vs Indira Securities on Research Reports, Tips

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

Research Reports - Compare Zerodha with Indira Securities

	Zerodha	Indira Securities
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Zerodha vs Indira Securities on Demat Account

Compare Zerodha with Indira Securities 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 Indira Securities is ₹450 pa (Second year onwards) where for Zerodha is ₹300 pa.

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 Zerodha is ₹8 + ₹5.50 (CDSL Charges) per transaction where for Indira Securities is ₹20 or 0.02% whichever is higher.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 Zerodha with Indira Securities

	Zerodha	Indira Securities
DP Source	CDSL	CDSL
DP ID	81600	752000
Demat Account Annual Maintenance Charges(AMC)	₹300 pa	₹450 pa (Second year onwards)
Advance Deposit	Nil	Nil
Statutory charges	₹50	Nil
Transaction Charges on Debit (Per ISIN)	₹8 + ₹5.50 (CDSL Charges) per transaction	₹20 or 0.02% whichever is higher
Demat	₹150 per certificate + ₹100 courier charges	₹5 per certificate + ₹35 courier charges
Remat	₹150 per certificate + ₹100 courier charges + CDSL Charges	₹50 per RRN
Pledge Creation	₹20 + ₹12 CSDL charges	₹50
Pledge Creation Confirmation	Nil	Nil
Pledge Closure	₹20 + ₹12 CSDL charges	₹50
Pledge Closure Confirmation	Nil	Nil
Pledge Invocation	₹20	₹50 or 0.02% whichever is higher
Failed Instruction Charges	₹50 per instraction	₹25
Other Charges	Nil	Book Charges ₹20,POA Charges ₹130

Special Offers,Advantages,Disadvantages

Compare Zerodha vs Indira Securities on Special Offers and Promotion

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

Compare Zerodha vs Indira Securities on Special Offers and Promotion

	Zerodha	Indira Securities
Pay In and Pay Out Options	pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite Pay-out/Fund Withdrawal - Bank Transfer only	Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta. Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time	Max 24 hrs except for bank holidays	Max 24 hrs except bank holidays
Bank Supported and Charges	Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI).	Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).
Bank Detail	HDFC Bank Account#ZERNSE Branch: Sandoz Branch, Mumbai IFSC Code:HDFC0000240	HDFC Bank Account#00360340002251 Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP IFSC Code:HDFC0000036
Likes	You will enjoy many benefits or advantages while trading with Zerodha; Rs 0 brokerage on investment in stocks Flat Rs 20 intraday and F&O trades Invest in direct mutual funds for free Instant and paperless account opening and closure Mainboard and SME IPO Apply via UPI Modern platforms and apps for free of cost Varsity, a free stock market learning platform No upfront fee required Advance orders; Basket order, Cover order (CO), After market order, GTT, etc. Zero-level Debt Company. Detail Review...	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...
Dislikes	Does not offer Lifetime free AMC account No intraday tips, equity research and advisory No unlimited zero brokerage plan for intraday traders No 3-in-1 account Bracket order is not offered by Zerodha No Installable trading terminal Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc. Software glitches in Kite happens at certain times. Detail Review...	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...
Special Offers/Promo	Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.	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>>