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Indira Securities is not so old company as compare to other broker firm. They have around 9 branches around different cities in India.

Indira Securities client base includes small rational investors, large net worth individuals and companies. The company also provides specialized services to non – resident Indians.

In this article you will to know all about their services like Equity trading, Research & Advisory, Commodity Trading etc. This article will help to traders and franchisee to associate with Indira Securities.

Indira Securities offers

Indira Securities Ratings & Review by Top10StockBroker

Products & Services3.4/5
Brokerage Charges & Fees3.3/5
Stock Research & Advisory2.6/5
Trading Platforms2.4/5
Overall Ratings2.7/5
Star Ratings★★★☆☆


About Indira Securities

Company TypePrivate
Broker TypeFull Service Broker
HeadquartersIndore, M.P
FounderChiranjilal Baxi
Established Year2004

Indira Securities Indira Securities (or IndiraTrade) was established in 2004 and after that time has provided reasonable services, a full – service stock broker based from Indore.

It was founded by Chiranjilal Baxi.

The enterprise offers equity broking services, commodity trading and derivative trading, along with depository services, NRI services, portfolio management, mutual funds services and merchant banking.

They offer specialized services to NRI Indians. Indira Securities is one of the smaller stockbrokers in the country because of small number of active customers.

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    Indira Securities Brokerage Charges

    Equity Delivery Trading0.25%
    Equity Intraday Trading0.03%
    Commodity Options Trading0.03%
    Equity Futures Trading0.03%
    Equity Options TradingRs.25 per Lot
    Currency Futures Trading0.03%
    Currency Options TradingRs.15 per Lot
    Minimum BrokeragePercentage of Transaction
    Demat AMC ChargesFree
    Trading AMC ChargesRs.299 per Annum
    Margin MoneyMinimum Rs.5,000
    Brokerage CalculatorIndira Securities Brokerage Calculator

    Facilitates the trading or administers investment or other services by means of a brokerage fee.

    For information on types of charges and taxes applicable to your trades, please consult this Indira Securities Brokerage Calculator if you use their services.

    • Brokerage Charges for Equity Delivery is 0.25 % and intraday is 0.03%.
    • Demat annual maintenance charges are free but for trading Rs 299 need to pay annually.
    • Marginal amount of minimum Rs 5000 is required to maintain.

    Find Brokerage Charges of other Brokers

    Indira Securities Other Charges

    Transaction Charges0.00305%
    STT0.0126% of Total Turnover
    SEBI Turnover Charges0.0002% of Total Turnover
    Stamp DutyDepends on State (very minimal)
    GST18% of (Brokerage + Transaction Charges)

    There is few charges applied addition to brokerage for trading.

    For information on types of charges and taxes applicable to your trades, please consult this Indira Securities Brokerage Calculator if you use their  services.

    • This is the charge which is necessitated to pay for each trade done.
    • Transaction charge of 0.00305% is levied for every transaction.
    • On total turnover STT and SEBI charge of 0.0126% and 0.0002% resp.


    Indira Securities Demat Account Opening Fees

    Depository SourceCDSL & NSDL
    Account Opening ChargesRs.100
    Demat AMC ChargesFree
    Trading AMC ChargesRs.299 per Annum
    Margin MoneyMinimum Rs.5,000
    Offline to OnlineYes

    Here are the price and charges associated for demat and trading account:

    • Account can be open with one time charge of Rs 100.
    • Annual maintenance charges are free for traders.
    • Their source of depository is CDSL & NSDL.
    • They offer online trading through offline.

    Indira Securities Offers

    Free Demat AccountYes
    Free Trading AccountNo
    Discount on BrokerageYes
    Trading Happy HoursNo
    Flexible Brokerage PlansNo
    1 Month Brokerage FreeYes
    Holiday OffersNo
    Referral OffersNo
    Zero Brokerage for Loss Making TradesNo

    Indira stock broker provide offer attractive contribution for benefit of their business and also for trader’s interest.

    • Provide Demat account for free.
    • Discount for brokerage trader can avail.
    • They free brokerage charges for trader of 1st

    To know about offers of other stock brokers check below

    How to Open a Demat Account with Indira Securities?

    To start trading you must have Demat account.

    • To trade with Indira stock broker, you can click on the green Open Demat Account button below.
    • Fill the form online with all details.
    • A representative will contact you over phone and after will visit you.
    • Customer represent will visit you in – personal, and collect all required document.
    • After few days you will get your trading account.

    Why Open Indira Securities Trading Account?

    Some of the positive features for preferring Indira stock broker services.

    • Indira stock has a optimal brokering charges.
    • A team of researchers have maximum hit ratio. They are skilled and experienced.
    • They provide sophisticated and developed technology for trading.
    • In small period of time they have immersed as a proficient security brokers.

    Get a Call back from Indira Securities

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      Indira Securities Products & Services

      Here are the list of Products & Services provided by Indira Securities –

      Products Offered by Indira Securities

      Equity TradingYes
      Commodity TradingYes
      Currency TradingYes
      Mutual FundsYes

      Indira securities provide wide range of product and services to their clients to trade in different financial instrument.

      • They provide different trading instruments in equity and derivative market.
      • Trading in MCX and forex market is possible.
      • Important financial product are offered- Mutual Funds, SIP and Insurance.

      Indira Securities Service Offerings

      Demat ServicesYes
      Trading ServicesYes
      3 in 1 AcountNo
      Intraday ServicesYes
      IPO ServicesYes
      Stock RecommendationsNo
      Robo AdvisoryNo
      Trading InstitutionNo
      Trading ExposureUpto 5X

      They provide different service to their customer to facilitate in trading.

      • Crucial survives for trading are offered by them like Demat and trading.
      • They provide all intraday services to their traders.
      • Stock selection and tips are offered by Indira securities.
      • They provide a fair limit upto 5 times.


      Indira Securities Research, Advisory and Stock Tips

      Fundamental ReportsNo
      Research ReportsNo
      Company ReportsNo
      Annual ReportsNo
      Company Stock ReviewNo
      Free Stock TipsYes
      IPO ReportsYes
      Top PicksYes
      Daily Market ReviewYes
      Monthly ReportsYes
      Weekly ReportsYes
      Offline AdvisoryYes
      Relationship ManagerYes

      Indira Securities assists investors through significant research and news reports in keeping themselves up to date with the market. The reports contain:

      • They provide important report on daily, monthly basis.
      • Report they provide include market review, top pick stock, IPO of stock.
      • Dedicated relationship manager helps to solve all setbacks.

      Indira Securities Exposure or Leverage

      Equity DeliveryUpto 1X
      Equity IntradayUpto 5X
      Equity FuturesUpto 2X
      Equity OptionsUpto 6X
      Currency FuturesUpto 3X
      Currency OptionsUpto 2X
      CommoditiesUpto 3X
      Margin CalculatorIndira Securities Margin Calculator

      Here are Indira Securities ‘ exposure values across segments:

      Exposure are negotiable depending on the reliability and usage of the client.

      • The exposure for intraday equity trading is up to 5 times and do not provide exposure for equity delivery.
      • The leverage provided for Equity Options is highest 6 times.

      Find Exposure or Margin of other Stock Brokers

      Indira Securities Trading Platforms

      Find all the information about trading platforms offered by the broking house –

      Desktop Platform – WindowsYes
      Desktop Platform – MacYes
      Desktop Browser PlatformNo
      Mobile Site PlatformNo
      Android App PlatformYes
      iOS App PlatformYes
      Windows App PlatformNo
      Other Mobile OS PlatformNo
      Real time UpdatesYes
      Portfolio DetailsYes
      Online MF BuyYes
      News FlashYes
      Research ReportsNo
      Easy InstallationNo
      Global IndicesYes
      Stock TipsYes
      Personalized AdvisoryNo
      Interactive ChartsNo
      Live MarketsYes
      SMS AlertsNo
      Email AlertsYes
      Multi Account ManagementNo

      Indira Securities offers an online trading user interface based on the Web, and a trading platform for the application.

      Indira Investor Web – Indira Securities Web Trading Platform

      It is based on the “NETNETHT” technology.

      Advanced charts, Market watch, Live updates and alerts.

      The platform can be used to place, cancel or modify orders, and to view the order book, transactions book and the account balance.

      Indira Trader Terminal – Indira Securities Trading Terminal

      Download the Diet software on a desktop from the app – based terminal. The software is then used for trading purposes

      Updated tools like real-time charts, numerous calculators, Pivot Point Support/Resistance Watch and Heat Map.

      I-Win Mobile App – Indira Securities Mobile Trading App

      The application offers Live Stream Feed and Mobile trading facility.

      Indira Securities Customer Care

      Dedicated DealerNo
      Offline TradingYes
      Online TradingYes
      24*7 SupportNo
      Support NumberNA
      Email SupportYes
      Chat SupportNo
      Toll Free NumberNo

      Indira Securities customers and business partners can get in touch with them for:

      Indira Securities has good customer service with committed management of relations and an adherence officer.

      • Query related to offline and online trading.
      • They provide support through E mail.

      Indira Securities Complaints and Feedback

      Find the list of complaint against Indira Securities

      Lodged in BSE0
      Resolved in BSE0
      Lodged in NSE3
      Resolved in NSE3

      Below complaint report details how many complaints receive to stock exchange board by customers.

      In BSE no complain was register, in last year.

      In NSE total 3 complains were lodges and all were resolved.

      The percentage of total complains receive is 0.19%.

      Indira Securities Disadvantages

      You must be aware of all the possible side’s point of view too and therefore here are a few areas where Indira stock broker is concerned:

      • The presence of Indira stock branch is limited to few territories.
      • Equity brand is not much.
      • The brokerage rate is high.
      • They provide low exposer limit on trading.

      Indira Securities Conclusion

      The Indira stock broker can be preferred for franchisee and traders. They provide large range of trading products.

      They help to keep upto-date with its extensive research and reports on the market. The Stock Broker have limited offline presence.

      Open Demat Account with Indira Securities

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