| overall rating |
|
|
| overall pros |
- Low Trading Fees
- Great mobile trading platform
- Reliable customer service
|
- Free stock and ETF trading
- Fast and fully digital account opening
- Easy-to-use trading platforms
|
| overall cons |
- Access to only Indian markets
- Only bank transfer
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- Basic product portfolio
- Limited availability of customer service
- Lack of educational tools
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|
fees
|
- Low non-trading fees
- Low stock and ETF fees
- No withdrawal fee
- High forex fees
- Account fee of INR 400 after second year
|
- Free stock and ETF trading
- No inactivity fee
- Transparent fee structure
|
|
account opening
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- Fully digital
- No minimum deposit
- User-friendly
- Only Indian resident and non-resident Indian can open an account
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- Fast
- Fully digital
- Low minimum deposit
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|
deposit and withdrawal
|
- Free withdrawal
- No deposit fee
- Credit/Debit card not available
- Only one account base currency
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- Credit/Debit card available for AU, NZ customers
- Only one account base currency
- $2 withdrawal fee
|
|
web trading platform
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- User-friendly
- Two-step (safer) login
- Good search function
- No clear fee report available
- Limited customizability (for charts, workspace)
|
- User-friendly
- Clear fee report
- Two-step (safer) login
- Limited customizability (for charts, workspace)
- No price alerts
|
|
mobile trading platform
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- User-friendly
- Two-step (safer) login
- Modern design
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- User-friendly
- Touch/Face ID login
- Order confirmation
- No two-step (safer) login
- No price alerts
|
|
desktop trading platform
|
- Good customizability (for charts, workspace)
- Good variety of order types
- Good search function
- No clear fee report available
- No two-step (safer) login
- Poor design
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|
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markets and products
|
- Stock
- ETF
- Forex
- Fund
- Options
- Futures
|
|
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research
|
- Good interactive chart
- Trading ideas
- Data on asset fundamentals
|
- Data on asset fundamentals
- User-friendly
- Live market data
- Limited interactive charting
- No/limited set of analytic tools
- Some research tools available only for premium account holders
|
|
customer service
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- Live chat
- Available in local languages
- Relevant telephone support in local language and pretty fast
|
- No phone support
- No live chat
- No 24/7 support
|
|
education
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- Trading platform tutorial
- Educational videos
- Good production quality
|
- No demo account
- No trading platform tutorial videos
- No educational videos
|
|
safety
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- Majority of clients belong to a top-tier financial authority
- Banking background
- Parent company listed on stock exchange
- No negative balance protection
|
- Majority of clients belong to a top-tier financial authority
- High level of investor protection
- Does not hold a banking license
- Not listed on stock exchange
- Financial information is not publicly available
|
| recommended for |
Traders and investors focusing on the Indian market
|
Beginners looking for free trading and a simple, easy to use trading platform
|
