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Peerless Deposit

Rating Index

Pros

Free annual maintenance charges for both trading and demat accounts.
Competitive brokerage rates for equity intraday and futures trading at 0.05%.
Comprehensive research and advisory services, including offline support and dedicated relationship managers.

Cons

Higher brokerage fees for equity delivery trades at 0.51%, compared to competitors.
Limited trading platform functionalities and lack of mobile-responsive web trading.
Low leverage for equity intraday trading, capped at 2x, which may restrict trading opportunities.
Peerless Deposit