Tradingbells is an online discount brokerage firm, founded in the year of 2016, headquarter is in Indore, Madhya Pradesh. It is popular for its creative ideas, product and services which provides effortless trading experience to the investors. The firm has a presence in 80 different cities and 16 states throughout the nation.
A franchie of India Infoline (IIFL Securities Ltd.), the brokerage structure of a broking house is very simple and easy to understand. It provides customer assistance through phone, live chats, emails, branches and online feedback. Apart from this their referral program gives a chance to earn 10% of the brokerage generated by your first ten friends and 20% on beyond 10 friends. Tradingbells also offer free trades on their clients' birthdays (Terms & Conditions applied).
With the membership of NSE, BSE, MCX-SX & NCDEX, ICEX, Tradingbells offers a broad variety of investment products including equities,
Zerodha, a Bangalore based company, a pioneer in stock broking, is the biggest and one of the best and most popular stock brokers in India. The one of its kind, discount broking model was introduced by this leading broker few years back. And, now there's no looking back! It's online flat fee discount brokerage model has set an example to be followed by various other trading platforms across India. Ranked amongst the Top Discount Brokers in India, Zerodha holds a very strong position in terms of trading volumes and a massive and growing customer base.
Incorporated in the year 2010 by Nitin Kamath, an engineer turned stock broker cum budding entrepreneur who nurtured the company with his ideas and innovation, Zerodha gained huge popularity within a short span. It has turned to be the leading stock broker in India, may it be
Charge | Trading Bells | Zerodha |
---|---|---|
Demat Account Opening Charges | ₹150 | ₹0 (Free) |
Trading Acc Opening Charges | ₹ 300 | ₹200 (Equity) + Rs.100 (Commodity) |
Trading Account AMC | ₹ 0 | ₹0 (Free) |
Demat Account AMC | ₹300 | ₹300 per year |
Charge | Trading Bells | Zerodha |
---|---|---|
Plan Name | N/A | Flat Brokerage Plan |
Equity Delivery | ₹ 0 | ₹0 (Free) |
Equity Intraday | ₹ 20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
Equity Futures | ₹ 20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
Equity Options | ₹ 20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order (on Turnover) |
Currency Futures | ₹ 20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
Currency Options | ₹ 20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
Commodity Options | ₹ 20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
Mutual Fund | N/A | ₹0 (Free Unlimited Direct MF) |
Segment | Trading Bells | Zerodha |
---|---|---|
Equity Delivery | 1x | 1x (no margin) |
Equity Intraday | Up to 10x for Most Scrips | Up to 20x (based on the stock) |
Equity Future | Intraday: 3x | Carry: 1x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Equity Options | 1x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Currency Future | Intraday: 3x | Carry: 1x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Currency Options | Intraday: 3x | Carry: 1x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
Commodity Future | Intraday: 3x | Carry: 1x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
Commodity Options | N/A | N/A |