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Pros

Free account opening and zero maintenance charges for the demat account.
Advanced trading platforms with features like real-time analysis, multiple watchlists, and automated trading options.
Access to free research calls, stock tips, and advisory services to assist traders in making informed decisions.

Cons

Limited customer support availability, as 24/7 assistance is not provided.
Higher brokerage fees compared to some discount brokers, which may deter cost-sensitive traders.
Lack of NRI trading services and the inability to open a 3-in-1 account, limiting options for certain investors.

INDIRA broker Accounts

Indira Securities Account Type

Indira Securities offers a 2-in-1 account, which combines both a demat account and a trading account for seamless trading. This account allows clients to trade in various segments including equity, derivatives, commodities, currency, IPOs, and mutual funds. The account opening process is user-friendly, with zero account opening charges, making it an attractive option for investors.

Account Types:

  • Discount Brokerage Plan:
    • Equity Delivery: ₹20 per executed order
    • Equity Intraday: ₹20 per executed order
    • Equity Futures: ₹20 per executed order
    • Equity Options: ₹20 per executed order
    • Currency Futures: ₹20 per executed order
    • Currency Options: ₹20 per executed order
    • Commodity Futures: ₹20 per executed order
    • Commodity Options: ₹20 per executed order
    • Traditional Plan:
      • Equity Delivery: 0.10%
      • Equity Intraday: 0.01%
      • Equity Futures: 0.01%
      • Equity Options: ₹25 per lot (both sides)
      • Currency Futures: 0.01%
      • Currency Options: ₹25 per lot (both sides)
      • Commodity: 0.01%

      Indira Securities Broker Account Opening Process

      Indira Securities provides a straightforward account opening process that can be completed either online or offline.

      Online Account Opening Steps:

      • Visit the Indira Securities website.
      • Click on the "Open an Account" link.
      • Enter your name, mobile number, and email address.
      • Verify your details with an OTP sent to your mobile.
      • Enter your Aadhar and PAN numbers.
      • Verify your Aadhar with an OTP.
      • Fill in your personal details such as address and marital status.
      • Upload required documents including a passport-sized photograph and bank details.
      • Submit the application form.
      • Receive your login credentials via email once your account is activated.
      • Offline Account Opening Steps:

        • Download the account opening form from the Indira Securities website.
        • Fill out the form and sign it.
        • Attach required documents, including a passport-sized photograph and proof of address.
        • Send the completed form and documents to the address provided in the form.
        • Your account will be opened within two days once the documents are received.
        • This process ensures that clients can quickly and efficiently set up their trading accounts to start investing in the stock market.

INDIRA accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
INDIRA Account