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Adroit Financial vs. Indianivesh Securities

All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.

Among the best stockbrokers in India, two top names are Adroit Financial and Indianivesh Securities. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Adroit Financial and Indianivesh Securities.


Overview

Adroit Financial are Indianivesh Securities both private companies and both are full service broker as well. Ajay Kumar Gupta co-founded Adroit Financial in 1994. And Indianivesh Securities was founded in the year 2006 by Rajesh Nuwal. Adroit Financial's headquarters are in Ghaziabad, Uttar Pradesh and Indianivesh Securities's headquarters are in Mumbai, Maharashtra.

Adroit Financial and Indianivesh Securities both are full service broker as well. Adroit Financial is registered in NA, while Indianivesh Securities is registered in NA. The total branches of Adroit Financial are Nil and the Indianivesh Securities branches are Nil.

OverviewAdroit FinancialIndianivesh Securities
Broker TypeFull Service BrokerFull Service Broker
Type of companyPrivatePrivate
HeadquarterGhaziabad, Uttar PradeshMumbai, Maharashtra
FoundersAjay Kumar GuptaRajesh Nuwal
Foundation Year19942006
Supported ExchangesNANA
Total branchesNilNil

Adroit Financial and Indianivesh Securities Trading Account Opening and Demat Charges

A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).

Account opening fees for various brokers range from 0 to Rs.200, with Adroit Financial charging Rs.400 and Indianivesh Securities charging Rs.219.

When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Adroit Financial Demat account is Rs.250 per Annum and for the Indianivesh Securities Demat account is Rs.349 per Annum. The Trading AMC for Adroit Financial and Indianivesh Securities is free. And the margin money for both brokers is also zero.

As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Adroit Financial and Indianivesh Securities is CDSL.

Account Opening and Demat ChargesAdroit FinancialIndianivesh Securities
Trading Account Opening ChargesRs.400Rs.219
Demat AMC (Annual Maintenance Charges)Rs.250 per AnnumRs.349 per Annum
Trading AMC (Annual Maintenance Charges)FreeFree
Margin MoneyMinimum Rs.5,000Minimum Rs.5,000
Offline to Online ChargesYesYes
DepositoryCDSL & NSDLCDSL & NSDL

Adroit Financial and Indianivesh Securities Equity Brokerage Charges

There are more charges that a broker charges for equity transactions.

Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Adroit Financial is 0.33%, while Indianivesh Securities charges you 0.1% – 0.2%.

Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Adroit Financial is 0.03% and for Indianivesh Securities also, it is 0.01% – 0.02%.

Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Adroit Financial charge 0.03% and Indianivesh Securities charge 0.01% – 0.02% for equity futures.

Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Adroit Financial charges Rs.35 per Lot, and Indianivesh Securities charges Rs.10 – Rs.20 per Lot.

Equity Brokerage ChargesAdroit FinancialIndianivesh Securities
Equity Delivery Brokerage0.33%0.1% – 0.2%
Equity Intraday Brokerage0.03%0.01% – 0.02%
Equity Futures Brokerage0.03%0.01% – 0.02%
Equity Options BrokerageRs.35 per LotRs.10 – Rs.20 per Lot

Adroit Financial and Indianivesh Securities Currency Brokerage Charges

Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.

Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Adroit Financial is 0.03% and for Indianivesh Securities is 0.01% – 0.02%.

Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Adroit Financial charges Rs.25 per Lot for currency options, whereas Adroit Financial charges Rs.10 – Rs.20 per Lot.

Currency Brokerage ChargesAdroit FinancialIndianivesh Securities
Currency Futures Brokerage0.03%0.01% – 0.02%
Currency Options BrokerageRs.25 per LotRs.10 – Rs.20 per Lot

Adroit Financial and Indianivesh Securities Commodity Brokerage Charges

Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Adroit Financial charges 0.03% for commodity trading, while Indianivesh Securities charges 0.01% – 0.02%.

Commodity Brokerage ChargesAdroit FinancialIndianivesh Securities
Commodity Options Brokerage0.03%0.01% – 0.02%

Adroit Financial and Indianivesh Securities Other Charges

Here are some other broker charges that should know about -

Minimum Broker Charges: Adroit Financial levies a minimum brokerage fee of Percentage of Transaction, while Indianivesh Securities charges Percentage of Transaction brokerage fee.

Transaction Brokerage Charges: Adroit Financial levies a transaction brokerage charge of 0.00295%, while Indianivesh Securities charges 0.00330%.

SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Adroit Financial is 0.0002% of Total Turnover and for Adroit Financial is 0.0002% of Total Turnover.

Stamp Duty Charges: This fee is charged as per the state and asset class.

GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)

STT (Securities Transaction Tax): The STT charges for Adroit Financial are 0.0126% of Total Turnover, while for Indianivesh Securities, they are 0.0126% of Total Turnover.

Call and Trade Charges: This charge varies for different brokers. Adroit Financial charges NA and Indianivesh Securities charges NA.

Other Brokerage ChargesAdroit FinancialIndianivesh Securities
Minimum Brokerage ChargesPercentage of TransactionPercentage of Transaction
Transaction Brokerage Charges0.00295%0.00330%
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp Duty ChargesAs per the stateAs per the state
GST Charges18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of Total Turnover0.0126% of Total Turnover
Call and Trade ChargesNANA

Adroit Financial and Indianivesh Securities Equity Exposure/Leverage

With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.

Equity Delivery: Leverage provided for Equity Delivery by Adroit Financial is up to Upto 1x and by Indianivesh Securities it is up to Upto 2x.

Equity Intraday: Leverage for equity intraday by Adroit Financial is up to Upto 2x and by Indianivesh Securities it is up to Upto 6x.

Equity Futures: Leverage for Equity Futures by Adroit Financial is up to Upto 1x and by Indianivesh Securities it is up to Upto 3x.

Equity Options: Leverage for Equity Options by Adroit Financial is up to Upto 2x and by Indianivesh Securities also, it is up to Upto 5x.

Equity LeverageAdroit FinancialIndianivesh Securities
Equity DeliveryUpto 1xUpto 2x
Equity IntradayUpto 2xUpto 6x
Equity FuturesUpto 1xUpto 3x
Equity OptionsUpto 2xUpto 5x

Adroit Financial and Indianivesh Securities Currency Leverage

The currency futures leverage provided by Adroit Financial is up to Upto 1x, while for Indianivesh Securities it is up to Upto 2x.

The currency options leverage provided by Adroit Financial is up to Upto 1x, while for Indianivesh Securities it is up to Upto 4x.

Currency LeverageAdroit FinancialIndianivesh Securities
Currency FuturesUpto 1xUpto 2x
Currency OptionsUpto 1xUpto 4x

Adroit Financial and Indianivesh Securities Commodity Leverage

The commodity leverage provided by Adroit Financial is up to Upto 1x, while for Indianivesh Securities it is up to Upto 2x.

Commodity LeverageAdroit FinancialIndianivesh Securities
CommodityUpto 1xUpto 2x

Adroit Financial and Indianivesh Securities Offers

Brokers offer various exciting offers to entice new customers. Here are some of them:

Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.

Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.

Brokerage Discounts: Coupons providing up to 50% discount at their rates.

Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.

1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.

Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.

Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.

Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.

OffersAdroit FinancialIndianivesh Securities
Free Stock Trading AccountYesYes
Free Demat AccountNoNo
Flexible PlansNoYes
Brokerage DiscountsNoNo
Happy HoursNoNo
1 Month Free PlanNoNo
Holiday OffersNoYes
Referral ProgramNoYes
Zero Brokerage on Loss TradesNoNo

Adroit Financial and Indianivesh Securities Features

Equity Trading: Adroit Financial and Indianivesh Securities brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.

Currency and Commodity Trading: Adroit Financial and Indianivesh Securities also offer you to trade in currency and commodities.

Initial Public Offering (IPOs): One of the greatest advantages of Adroit Financial and Indianivesh Securities broker is that you can also invest in IPOs. Adroit Financial also has an added advantage that they provide you with robo-advisory services as well.

Trading Exposure: Different brokers provide different trading exposures. Adroit Financial offers trading exposure of up to Upto 2x, while Indianivesh Securities gives up to Upto 6x.

Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Adroit Financial and Indianivesh Securities, you can invest in mutual funds through SIP and Lumpsum.

Forex Trading: With Forex Trading, you can trade in various international currencies. Adroit Financial and Indianivesh Securities also allow you to trade in forex trading.

FeaturesAdroit FinancialIndianivesh Securities
Equity Delivery TradingYesYes
Equity Intraday TradingYesYes
Equity Futures TradingYesYes
Equity Options TradingYesYes
Currency TradingYesYes
Commodity TradingYesYes
IPO (Initial public offering)YesYes
Stocks SuggestionsNoNo
Robo AdvisoryNoNo
PMS (Portfolio Management Services)NoYes
Trading InstitutionNoYes
Trading ExposureUpto 2xUpto 6x
Mutual FundsYesYes
SIP (Systematic Investment Plan)YesYes
Forex TradingNoNo
BankingNoNo
InsuranceNoNo

Adroit Financial and Indianivesh Securities Advisory Services

Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-

Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.

Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Adroit Financial and Indianivesh Securities offer you in-depth research reports.

Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.

Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.

Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.

Advisory ServicesAdroit FinancialIndianivesh Securities
Fundamental ReportsNoNo
Research ReportsNoNo
Company ReportsNoNo
Annual ReportsNoNo
Company Stock ReviewNoNo
Free Stock TipsYesYes
IPO ReportsYesYes
Top PicksYesYes
Daily Market ReviewYesYes
Monthly ReportsYesYes
Weekly reportsYesYes
Offline AdvisoryYesYes
Relationship ManagerYesYes

Adroit Financial and Indianivesh Securities Desktop Trading Platforms

A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Adroit Financial and Indianivesh Securities offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.

Desktop Trading PlatformsAdroit FinancialIndianivesh Securities
WindowsYesYes
MacYesYes
Desktop BrowserNoNo

Adroit Financial and Indianivesh Securities Mobile Trading Platforms

Adroit Financial and Indianivesh Securities offer you mobile trading platforms which can be used in iOS and Android applications.

Mobile Trading PlatformsAdroit FinancialIndianivesh Securities
Mobile BrowserNoNo
Android AppYesYes
iOS AppYesYes
Windows AppNoNo
Other mobile osNoNo

Adroit Financial and Indianivesh Securities Customer Support

Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Adroit Financial and Indianivesh Securities give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.

Customer Support FeaturesAdroit FinancialIndianivesh Securities
Relationship ManagerNoNo
Offline TradingYesYes
Online TradingYesYes
24 * 7 SupportNoNo
Email SupportYesYes
Chat SupportNoNo
Toll free numberNoNo
Support Branches912

Adroit Financial and Indianivesh Securities Customer Complaints

The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Adroit Financial and Indianivesh Securities registered and resolved complaints.

For Adroit Financial, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.

For Indianivesh Securities, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.

We can say that Adroit Financial is better than Indianivesh Securities in case of resolving customer complaints.

BSE ComplaintsAdroit FinancialIndianivesh Securities
BSE Complaints10
BSE Resolved Complaints10
Percentage of resolved BSE complaints100.00 %NaN %
NSE Complaints23
NSE Resolved Complaints23
Percentage of resolved NSE complaints100.00 %100.00 %
BSE/NSE Complaint vs. Resolved Percentage100.00 %NaN %

Frequently Asked Questions


  1. Is Adroit Financial better than Indianivesh Securities?

    Adroit Financial and Indianivesh Securities are at the top among the best full service brokers. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.

  2. Is Indianivesh Securities better than Adroit Financial?

    Indianivesh Securities and Adroit Financial are at the top among the best full service brokers. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.

  3. Which is cheaper between Adroit Financial and Indianivesh Securities?

    Adroit Financial and operate as full-service brokers, generally resulting in higher brokerage charges compared to discount brokers. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.

  4. Which is better, Adroit Financial and Indianivesh Securities?

    To figure out which of the two stockbrokers, Adroit Financial and Indianivesh Securities, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.


Compare Adroit Financial with other stock brokers

Visit the following pages to see a detailed comparision report of Adroit Financial with other brokerage firms.


Compare Indianivesh Securities with other stock brokers

Visit the following pages to see a detailed comparision report of Indianivesh Securities with other brokerage firms.