Inditrade Capital Review, Brokerage Charges, Demat A/C, Platforms & more
Last Updated Date: Dec 01, 2022Inditrade Capital brokerage house is currently more dominant in the south and has a reasonable number of branches and offices in these areas.
Active client base of 13,982 in 2018 is currently available.
The broker is a member of NSE, BSE, MCX, MCX-SX and NCDEX, IPSTA. You have periodic reports, expert advice, and tips from the broker on a regular basis if you choose to serve as a client of this broker. Get to know more details in this article.
Inditrade Capital Ratings & Review by Top10StockBroker
Experience | 3.4/5 |
Products & Services | 3.1/5 |
Brokerage Charges & Fees | 3.3/5 |
Stock Research & Advisory | 3.0/5 |
Trading Platforms | 3.2/5 |
Overall Ratings | 3.2/5 |
Star Ratings | ★★★☆☆ |
Total Client Reviews | 152 |
About Inditrade Capital
Company Type | Public |
Broker Type | Full Service Broker |
Headquarters | Kochi, Kerela |
Founder | Brij Gopal Daga |
Established Year | 1992 |
Inditrade was founded in 1992, on behalf of JRG Securities, in the Kochi, Kerala as Full – Service Stockbroker.
The broker has undergone a number of changes, particularly in the capital and commodity sectors. It was established by Brij Gopal Daga.
They allow its clients to invest and trade across the following segments: Equity, Commodity Trading, Currency Trading and Derivative Trading.
Traders sometimes find it difficult to transfer funds between trading accounts and banks. The broker has used the funds’ transfer facility out through 28 leading banks in the country to ease that significant concern.
Open Demat Account with Inditrade Capital
Inditrade Capital Brokerage Charges
Equity Delivery Trading | 0.2% – 0.4% |
Equity Intraday Trading | 0.02% – 0.04% |
Commodity Options Trading | 0.02% – 0.04% |
Equity Futures Trading | 0.02% – 0.04% |
Equity Options Trading | Rs.20 – Rs.40 per Lot |
Currency Futures Trading | 0.02% – 0.04% |
Currency Options Trading | Rs.20 – Rs.40 per Lot |
Minimum Brokerage | Percentage of Transaction |
Demat AMC Charges | Rs.250 per Annum |
Trading AMC Charges | Free |
Margin Money | Zero Margin |
Brokerage Calculator | Inditrade Capital Brokerage Calculator |
Like many stock brokers for full – service services, Inditrade charges you a percentage of trading as fee. Total brokerage’s value depends on your investment.
- Trading in delivery basis in equity brokerage is 2% – 0.4%.
- For trading in intraday brokerage of 0.02% – 0.04% are charged.
- Commodity, derivative and forex trading brokerage of 0.02% – 0.04%.
- Maintenance for Demat is Rs 250 and trading is free.
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Inditrade Capital Other Charges
Transaction Charges | 0.00319% |
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 are other charges for trading, you should be aware of.
- This is the additional charges for each total trading placed by trader.
- This include of GST 18%.
- Stamp duty depends on state from where trading is performed.
Inditrade Capital Demat Account Opening Fees
Depository Source | CDSL & NSDL |
Account Opening Charges | Zero |
Demat AMC Charges | Rs.250 per Annum |
Trading AMC Charges | Free |
Margin Money | Zero Margin |
Offline to Online | Yes |
Here are the various opening and maintenance charges of your account that the broker asks his customers to pay:
- Account opening charges are low in the market.
- For opening account and trading maintenance charges are NIL.
- They offer Zero margin account.
- Maintenance charges for demat account is Rs 250.
Inditrade Capital Offers
Free Demat Account | No |
Free Trading Account | Yes |
Discount on Brokerage | Yes |
Trading Happy Hours | No |
Flexible Brokerage Plans | Yes |
1 Month Brokerage Free | No |
Holiday Offers | No |
Referral Offers | No |
Zero Brokerage for Loss Making Trades | No |
Inditrade security provides offers to trader to promote trading and attract customers.
- Discount on brokerage are allowed.
- Provide flexible brokerage plan.
- They provide minimum offer in comparable to other brokers.
To know about offers of other stock brokers check below
Dealmoney Securities | Farsight Securities | GEPL Capital | HEM Securities |
Elite Wealth | Fast Capital Markets | Globe Capital | HSE Securities |
Emkay Global | Findoc Investmart | Gogia Capital | IFCI Financial |
How to Open a Demat Account with Inditrade Capital?
The account opening process of Inditrade is provided below –
- To open Demat account, click ‘open demat account’ button provided below.
- After filling form, customer representative will contact you.
- They will visit at your place and collect all document.
- Within few days your account will be open.
Why Open Inditrade Capital Trading Account?
Here are few affirmative of using this stockbroker:
- Multiple user trading platforms.
- Perfect and quality research offered.
- Overall brokerage values are average.
- Old and trustuble name in the inventory
Get a Call back from Inditrade Capital
Inditrade Capital Products & Services
Here are the list of Products & Services provided by Inditrade Capital
Products Offered by Inditrade Capital
Equity Trading | Yes |
Commodity Trading | Yes |
Currency Trading | Yes |
Options | Yes |
Futures | Yes |
Mutual Funds | No |
Forex | No |
Banking | No |
SIP | No |
Insurance | Yes |
Allow to trade in different segment: equity and derivative market.
Commodity and Forex trading are also provided to trade for trader.
Offer financial instrument for insurance.
Inditrade Capital 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 6X |
They offer service to help trader to have hassel free trading.
They offer Demat service to every customer.
There services are intraday.
Provide IPO service to their traders.
Inditrade Capital 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 |
Traders are strongly advised to complete these reports, analyze them and then put their trading into practice. The accuracy is certainly better than average, but always prudent at the end.
- If you are looking for research, advice, and tips, Inditrade will definitely satisfy that requirement.
- They provide various reports across segments in order to avoid any customer confusion.
- Provide technical and fundamental free stock tips.
- Daily market, monthly and weekly updated reports are provided.
Inditrade Capital Exposure or Leverage
Equity Delivery | Upto 2X |
Equity Intraday | Upto 6X |
Equity Futures | Upto 3X |
Equity Options | Upto 4X |
Currency Futures | Upto 2X |
Currency Options | Upto 1X |
Commodities | Upto 3X |
Margin Calculator | Inditrade Capital Brokerage Calculator |
With trading with Inditrade security maximum Limit of 6 times are offered, for intraday trading.
They provide different exposure limit for every different segment. Trader can request for exposure increase from broker.
Find Exposure or Margin of other Stock Brokers
Inditrade Capital Trading Platforms
The trading platform details are provided below –
Desktop Platform – Windows | Yes |
Desktop Platform – Mac | Yes |
Desktop Browser Platform | Yes |
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 | No |
News Flash | Yes |
Research Reports | No |
Easy Installation | Yes |
Global Indices | Yes |
Stock Tips | Yes |
Personalized Advisory | No |
Interactive Charts | Yes |
Live Markets | Yes |
SMS Alerts | Yes |
Email Alerts | Yes |
Multi Account Management | No |
Inditrade Capital provides its customers with various trading platforms, both external and in – house. Thus, you can select trading software according to your wishes. The details are as follows:
Inditrade Capital Trading Terminal – ODIN Trader Workstation
Spread Strategy Maker, Heat Map, Charts and Graphs, Panic Withdrawal for Bulk Square Off/Withdrawal of Trade/Orders with optimal risk management.
Integrated Market Watch for Multiple Exchange and Exchange Segments. Expression Builder for Customized Formula Creation
Inditrade Capital Web Trading Platform – I-Trade Web Application
Real-time streaming of different indices. Allow to trade and invest in different segments such as Equity, currency, commodity etc.
Features such as market watch, charting available for easy and quick monitoring.
Inditrade Capital Mobile Trading App
Inditrade Capital offers a couple of in-house designed and developed mobile trading apps to its clients. Here are the details:
M-Trade Mobile App
Inditrade Capital offers a couple of in-house designed and developed mobile trading apps to its clients.
View complete script specifics along with detailed and accurate analytical charts Add precise stocks to market tracking lists for easy tracking
M-Trade – Trade on the go
This mobile app from the full-service stockbroker is available across different operating systems including iOS, Android, and Blackberry for compatibility across different devices.
M-Trade – Trade on the go Pro
This mobile app provides the pro features:
Allows you to trade and invest in multiple trading segments (Equity, commodity, currency etc)
Better charting functionality for technical and fundamental analysis
Inditrade Capital 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 |
Inditrade capital provides average support for every trader.
- Support for Internet and offline trading.
- The solve problem only through email support.
- Currently have all over 8 branch which is very low. Customers can directly visit their branch office.
Inditrade Capital Complaints and Feedback
Find the list of complaint against Inditrade Capital –
Lodged in BSE | 3 |
Resolved in BSE | 3 |
Lodged in NSE | 14 |
Resolved in NSE | 14 |
The following complaint report reveals how many complaints customers lodge in Exchange Board.
- They have maximum complains in NSE board but all were resolved.
- 07% of active clients register complain in last year.
Inditrade Capital Disadvantages
You may have to address these concerns:
- Customer support is not up to mark.
- Account opening and maintenance charges are high.
- Do not provide 24*7 Support or chat support.
- Do not have many branches all over India.
- They prominent broker of only south India.
Inditrade Capital Conclusion
Inditrade is a good choice to trade with and also good for business associate.
Customers have average experience on bases of customer experience, services, products, revenue sharing model and offers it provide.
Areas like security deposit and customer support require to be improved to provide better service to the customer.
Open Demat Account with Inditrade Capital
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