Modex Deposit
Rating Index
Pros
Competitive brokerage charges, including zero brokerage for equity delivery trades.
Comprehensive research and advisory services, providing investment ideas and portfolio analysis.
User-friendly trading platforms, including a mobile app and web-based trading terminal.
Cons
Requires a minimum margin balance of Rs. 15,000, which may be a barrier for new investors.
Limited customer support options, lacking 24/7 assistance and chat support.
History of regulatory issues, including expulsion from the NSE for misuse of client funds, raising concerns about reliability.
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