| overall rating |
|
|
| overall pros |
- Great mobile trading platform
- Strong research
- Reliable customer service
|
- Low fees
- Great trading platforms
- Solid research
|
| overall cons |
- Average to high trading fees
- Only Indian markets available
- Funding only via bank transfer
|
- Slow account opening process
- Only Indian market covered
- No investor protection
|
|
fees
|
- Low non-trading fees
- No withdrawal fee
- High trading fees
- Not transparent fee structure
- Account fee after one year
|
- Low trading fees
- Low non-trading fees
- Low stock and ETF fees / Free stock trading
- Account opening and maintenance charges
|
|
account opening
|
- Fully digital
- No minimum deposit
- User-friendly
- Only Indian residents and non-resident Indians can open an account
|
- Slow
- Not fully digital
- Only Indian citizens accepted
|
|
deposit and withdrawal
|
- Free withdrawal
- No deposit fee
- Credit/Debit card not available
- Only one account base currency
|
- Free withdrawal
- No deposit fee
- User-friendly
- Credit/Debit card not available
- Only one account base currency
|
|
web trading platform
|
- User-friendly
- Two-step (safer) login
- Good search function
- No clear fee report available
- Limited customizability (for charts, workspace)
|
- User-friendly
- Clear fee report
- Good search function
- No two-step (safer) login
- Limited customizability (for charts, workspace)
|
|
mobile trading platform
|
- User-friendly
- Two-step (safer) login
- Modern design
|
- User-friendly
- Good variety of order types
- Price alerts
- No two-step (safer) login
|
|
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
|
|
|
markets and products
|
- Stock
- ETF
- Forex
- Fund
- Bond
- Options
- Futures
|
- Stock
- ETF
- Forex
- Fund
- Bond
- Options
- Futures
|
|
research
|
- Good interactive chart
- Trading ideas
- Data on asset fundamentals
|
- Good interactive chart
- Trading ideas
- Data on asset fundamentals
- Fees charged for many research tools
|
|
customer service
|
- Live chat
- Fast response time
- Available in local languages
|
- Phone support
- Fast response time
- Relevant answers
- No live chat
- No 24/7 support
|
|
education
|
- Trading platform tutorial
- Educational videos
- Good production quality
|
- Trading platform tutorial
- Educational videos
|
|
safety
|
- Majority of clients belong to a top-tier financial authority
- Banking background
- Parent company listed on stock exchange
- No investor protection
- No negative balance protection
|
- Majority of clients belong to a top-tier financial authority
- No investor protection
- No negative balance protection
- Does not hold a banking license
|
| recommended for |
Traders and investors focusing on the Indian market
|
Traders and investors (including beginners) focusing on the Indian market and looking for low fees
|
