Indira Securities Review, Brokerage Charges, Demat A/C, Platforms & more

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 Customer Ratings & Review

Experience 2.5/5
Products & Services 3.4/5
Brokerage Charges & Fees 3.3/5
Stock Research & Advisory 2.6/5
Trading Platforms 2.4/5
Overall Ratings 2.7/5
Star Ratings ★★★☆☆
Total Client Reviews 117

 


About Indira Securities

Company Type Private
Broker Type Full Service Broker
Headquarters Indore, M.P
Founder Chiranjilal Baxi
Established Year 2004

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.


Open Demat Account with Indira Securities

Fill Your Details Here
  1. Open Demat Account

Indira Securities Brokerage Charges

Equity Delivery Trading 0.25%
Equity Intraday Trading 0.03%
Commodity Options Trading 0.03%
Equity Futures Trading 0.03%
Equity Options Trading Rs.25 per Lot
Currency Futures Trading 0.03%
Currency Options Trading Rs.15 per Lot
Minimum Brokerage Percentage of Transaction
Demat AMC Charges Free
Trading AMC Charges Rs.299 per Annum
Margin Money Minimum Rs.5,000
Brokerage Calculator Indira 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.

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Indira Securities Other Charges

Transaction Charges 0.00305%
STT 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal)
GST 18% 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 Source CDSL & NSDL
Account Opening Charges Rs.100
Demat AMC Charges Free
Trading AMC Charges Rs.299 per Annum
Margin Money Minimum Rs.5,000
Offline to Online Yes

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 Account Yes
Free Trading Account No
Discount on Brokerage Yes
Trading Happy Hours No
Flexible Brokerage Plans No
1 Month Brokerage Free Yes
Holiday Offers No
Referral Offers No
Zero Brokerage for Loss Making Trades No

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

Integrated Enterprises Karuna Finance Mangal Keshav Securities HEM Securities
Intime Equities Kaynet Finance Mansukh Securities HSE Securities
Inventure Growth Khandwala Securities Manubhai Mangaldas IFCI Financial

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

Fill Your Details Here
  1. Open Demat Account

Indira Securities Products & Services

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

Products Offered by Indira Securities

Equity Trading Yes
Commodity Trading Yes
Currency Trading Yes
Options Yes
Futures Yes
Mutual Funds Yes
Forex No
Banking No
SIP Yes
Insurance Yes

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 Services Yes
Trading Services Yes
3 in 1 Acount No
Intraday Services Yes
IPO Services Yes
Stock Recommendations No
Robo Advisory No
PMS No
Trading Institution No
Trading Exposure Upto 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 Reports No
Research Reports No
Company Reports No
Annual Reports No
Company Stock Review No
Free Stock Tips Yes
IPO Reports Yes
Top Picks Yes
Daily Market Review Yes
Monthly Reports Yes
Weekly Reports Yes
Offline Advisory Yes
Relationship Manager Yes

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 Delivery Upto 1X
Equity Intraday Upto 5X
Equity Futures Upto 2X
Equity Options Upto 6X
Currency Futures Upto 3X
Currency Options Upto 2X
Commodities Upto 3X
Margin Calculator Indira 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

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Indira Securities Trading Platforms

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

Desktop Platform – Windows Yes
Desktop Platform – Mac Yes
Desktop Browser Platform No
Mobile Site Platform No
Android App Platform Yes
iOS App Platform Yes
Windows App Platform No
Other Mobile OS Platform No
Real time Updates Yes
Portfolio Details Yes
Online MF Buy Yes
News Flash Yes
Research Reports No
Easy Installation No
Global Indices Yes
Stock Tips Yes
Personalized Advisory No
Interactive Charts No
Live Markets Yes
SMS Alerts No
Email Alerts Yes
Multi Account Management No

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 Dealer No
Offline Trading Yes
Online Trading Yes
24*7 Support No
Support Number NA
Email Support Yes
Chat Support No
Toll Free Number No
Branches 8

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 BSE 0
Resolved in BSE 0
Lodged in NSE 3
Resolved in NSE 3

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

Fill Your Details Here
  1. Open Demat Account

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