| overall rating |
|
|
| overall pros |
- Low trading fees
- Wide range of products
- Fast customer service
|
- Low fees
- Great trading platforms
- Solid research
|
| overall cons |
- Only bank transfer allowed for deposit and withdrawal
- Complicated account opening
- Limited education materials
|
- Slow account opening process
- Only Indian market covered
- No investor protection
|
|
fees
|
- Low trading fees
- Low non-trading fees
- Low stock and ETF fees
|
- Low trading fees
- Low non-trading fees
- Low stock and ETF fees
- INR 300 annual account fee
|
|
account opening
|
- $1,000 minimum deposit required for desktop platform
- Not user-friendly
|
- Slow
- Not fully digital
- Only Indian citizens can open an account
|
|
deposit and withdrawal
|
- No deposit fee
- Several account base currencies
- No charge for the first withdrawal each month.
- Credit/Debit card not available
- Not user-friendly
|
- Free withdrawal
- No deposit fee
- User-friendly
- Credit/Debit card not available
- Only one account base currency
|
|
web trading platform
|
- User-friendly
- Clear fee report
- Two-step (safer) login
- 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
|
- Two-step (safer) login
- Good search function
- Good variety of order types
- User interface is a bit complex
|
- User-friendly
- Good variety of order types
- Price alerts
- No two-step (safer) login
|
|
desktop trading platform
|
- Clear fee report
- Good customizability (for charts, workspace)
- Good variety of order types
- Not user-friendly
- Poor search function
- Overly complicated installation
|
|
|
markets and products
|
- Stock
- ETF
- Forex
- Fund
- Bond
- Options
- Futures
- CFD
- Crypto
- Warrants
|
- Stock
- ETF
- Forex
- Fund
- Bond
- Options
- Futures
|
|
research
|
- Good interactive chart
- Trading ideas
- Good set of analytical tools
|
- Good interactive chart
- Trading ideas
- Data on asset fundamentals
- Fees charged for many research tools
|
|
customer service
|
- Phone support
- Fast response time
- Relevant answers
- No live chat
- No 24/7 support
|
- Phone support
- Fast response time
- Relevant answers
- No live chat
- No 24/7 support
|
|
education
|
- Trading platform tutorial
|
- Trading platform tutorial
- Educational videos
|
|
safety
|
- Majority of clients belong to a top-tier financial authority
- High level of investor protection
- Does not hold a banking license
|
- 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 looking for low fees and a wide selection of products
|
Traders and investors (including beginners) focusing on the Indian market and looking for low fees
|
