Top Stock Advisory
Microsec Capital vs. Indiabulls Ventures
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 Microsec Capital and Indiabulls Ventures. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Microsec Capital and Indiabulls Ventures.
Overview
Microsec Capital is private company and Indiabulls Ventures is public company. both are full service broker as well. Banwari Lal Mittal co-founded Microsec Capital in 1995. And Indiabulls Ventures was founded in the year 1995 by Sameer Gehlaut. Microsec Capital's headquarters are in Kolkata and Indiabulls Ventures's headquarters are in Gurgaon, India.
Microsec Capital and Indiabulls Ventures both are full service broker as well. Microsec Capital is registered in NA, while Indiabulls Ventures is registered in BSE, NSE and MCX. The total branches of Microsec Capital are Nil and the Indiabulls Ventures branches are 18.
| Overview | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| Broker Type | Full Service Broker | Full Service Broker |
| Type of company | Private | Public |
| Headquarter | Kolkata | Gurgaon, India |
| Founders | Banwari Lal Mittal | Sameer Gehlaut |
| Foundation Year | 1995 | 1995 |
| Supported Exchanges | NA | BSE, NSE and MCX |
| Total branches | Nil | 18 |
Microsec Capital and Indiabulls Ventures 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 Microsec Capital charging Free and Indiabulls Ventures charging Free.
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 Microsec Capital Demat account is Rs.160 per Annum and for the Indiabulls Ventures Demat account is Free or Rs.450 per Annum. The Trading AMC for Microsec Capital and Indiabulls Ventures 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 Microsec Capital and Indiabulls Ventures is CDSL.
| Account Opening and Demat Charges | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| Trading Account Opening Charges | Free | Free |
| Demat AMC (Annual Maintenance Charges) | Rs.160 per Annum | Free or Rs.450 per Annum |
| Trading AMC (Annual Maintenance Charges) | Rs.160 per Annum | Free |
| Margin Money | Zero Margin | Zero Margin |
| Offline to Online Charges | Yes | Yes |
| Depository | CDSL & NSDL | CDSL & NSDL |
Microsec Capital and Indiabulls Ventures 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 Microsec Capital is 0.16%, while Indiabulls Ventures charges you 0.01% or Rs.15 per executed order.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Microsec Capital is 0.02% and for Indiabulls Ventures also, it is 0.01% or Rs.15 per executed order.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Microsec Capital charge 0.02% and Indiabulls Ventures charge 0.01% or Rs.15 per executed order 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, Microsec Capital charges Rs.16 per Lot, and Indiabulls Ventures charges 0.01% or Rs.15 per executed order.
| Equity Brokerage Charges | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| Equity Delivery Brokerage | 0.16% | 0.01% or Rs.15 per executed order |
| Equity Intraday Brokerage | 0.02% | 0.01% or Rs.15 per executed order |
| Equity Futures Brokerage | 0.02% | 0.01% or Rs.15 per executed order |
| Equity Options Brokerage | Rs.16 per Lot | 0.01% or Rs.15 per executed order |
Microsec Capital and Indiabulls Ventures 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 Microsec Capital is 0.02% and for Indiabulls Ventures is 0.01% or Rs.15 per executed order.
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. Microsec Capital charges Rs.10 per Lot for currency options, whereas Microsec Capital charges 0.01% or Rs.15 per executed order.
| Currency Brokerage Charges | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| Currency Futures Brokerage | 0.02% | 0.01% or Rs.15 per executed order |
| Currency Options Brokerage | Rs.10 per Lot | 0.01% or Rs.15 per executed order |
Microsec Capital and Indiabulls Ventures 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. Microsec Capital charges NA for commodity trading, while Indiabulls Ventures charges 0.01% or Rs.15 per executed order.
| Commodity Brokerage Charges | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| Commodity Options Brokerage | NA | 0.01% or Rs.15 per executed order |
Microsec Capital and Indiabulls Ventures Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Microsec Capital levies a minimum brokerage fee of Percentage of Transaction, while Indiabulls Ventures charges 0.01% or Rs.15 per executed order brokerage fee.
Transaction Brokerage Charges: Microsec Capital levies a transaction brokerage charge of 0.00313%, while Indiabulls Ventures charges 0.00312% of Total Turnover.
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 Microsec Capital is 0.0002% of Total Turnover and for Microsec Capital is 0.0003% 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 Microsec Capital are 0.0126% of Total Turnover, while for Indiabulls Ventures, they are 0.0130% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. Microsec Capital charges NA and Indiabulls Ventures charges Rs 0 (Free).
| Other Brokerage Charges | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| Minimum Brokerage Charges | Percentage of Transaction | 0.01% or Rs.15 per executed order | Transaction Brokerage Charges | 0.00313% | 0.00312% of Total Turnover | SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0003% of Total Turnover | Stamp Duty Charges | As per the state | As per the state | GST Charges | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) | STT Charges | 0.0126% of Total Turnover | 0.0130% of Total Turnover | Call and Trade Charges | NA | Rs 0 (Free) |
Microsec Capital and Indiabulls Ventures 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 Microsec Capital is up to Upto 2x and by Indiabulls Ventures it is up to Upto 3x.
Equity Intraday: Leverage for equity intraday by Microsec Capital is up to Upto 6x and by Indiabulls Ventures it is up to Upto 6x.
Equity Futures: Leverage for Equity Futures by Microsec Capital is up to Upto 2x and by Indiabulls Ventures it is up to Upto 3x.
Equity Options: Leverage for Equity Options by Microsec Capital is up to Upto 6x and by Indiabulls Ventures also, it is up to Upto 4x.
| Equity Leverage | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| Equity Delivery | Upto 2x | Upto 3x | Equity Intraday | Upto 6x | Upto 6x | Equity Futures | Upto 2x | Upto 3x | Equity Options | Upto 6x | Upto 4x |
Microsec Capital and Indiabulls Ventures Currency Leverage
The currency futures leverage provided by Microsec Capital is up to Upto 3x, while for Indiabulls Ventures it is up to Upto 3x.
The currency options leverage provided by Microsec Capital is up to Upto 1x, while for Indiabulls Ventures it is up to Upto 3x.
| Currency Leverage | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| Currency Futures | Upto 3x | Upto 3x | Currency Options | Upto 1x | Upto 3x |
Microsec Capital and Indiabulls Ventures Commodity Leverage
The commodity leverage provided by Microsec Capital is up to Upto 2x, while for Indiabulls Ventures it is up to Upto 3x.
| Commodity Leverage | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| Commodity | Upto 2x | Upto 3x |
Microsec Capital and Indiabulls Ventures 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.
| Offers | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| Free Stock Trading Account | No | Yes | Free Demat Account | Yes | Yes | Flexible Plans | Yes | No | Brokerage Discounts | Yes | Yes | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | No | No | Referral Program | No | Yes | Zero Brokerage on Loss Trades | No | No |
Microsec Capital and Indiabulls Ventures Features
Equity Trading: Microsec Capital and Indiabulls Ventures 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: Microsec Capital and Indiabulls Ventures also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Microsec Capital and Indiabulls Ventures broker is that you can also invest in IPOs. Microsec Capital also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Microsec Capital offers trading exposure of up to Upto 6x, while Indiabulls Ventures 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 Microsec Capital and Indiabulls Ventures, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Microsec Capital and Indiabulls Ventures also allow you to trade in forex trading.
| Features | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| Equity Delivery Trading | Yes | Yes | Equity Intraday Trading | Yes | Yes | Equity Futures Trading | Yes | Yes | Equity Options Trading | Yes | Yes | Currency Trading | Yes | Yes |
| Commodity Trading | No | Yes | IPO (Initial public offering) | No | Yes | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | No | Yes |
| Trading Institution | No | No | Trading Exposure | Upto 6x | Upto 6x | Mutual Funds | Yes | Yes | SIP (Systematic Investment Plan) | Yes | Yes | Forex Trading | No | No | Banking | No | No | Insurance | Yes | Yes |
Microsec Capital and Indiabulls Ventures 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. Microsec Capital and Indiabulls Ventures 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 Services | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| Fundamental Reports | Yes | Yes |
| Research Reports | Yes | No |
| Company Reports | Yes | Yes |
| Annual Reports | Yes | Yes |
| Company Stock Review | Yes | Yes |
| Free Stock Tips | Yes | Yes |
| IPO Reports | Yes | Yes |
| Top Picks | No | Yes |
| Daily Market Review | Yes | Yes |
| Monthly Reports | Yes | Yes |
| Weekly reports | Yes | Yes |
| Offline Advisory | Yes | Yes |
| Relationship Manager | Yes | Yes |
Microsec Capital and Indiabulls Ventures 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. Microsec Capital and Indiabulls Ventures 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 Platforms | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| Windows | Yes | Yes |
| Mac | No | Yes |
| Desktop Browser | Yes | Yes |
Microsec Capital and Indiabulls Ventures Mobile Trading Platforms
Microsec Capital and Indiabulls Ventures offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| Mobile Browser | No | Yes |
| Android App | Yes | Yes |
| iOS App | Yes | Yes |
| Windows App | No | No |
| Other mobile os | No | No |
Microsec Capital and Indiabulls Ventures 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. Microsec Capital and Indiabulls Ventures 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 Features | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| Relationship Manager | Yes | Yes |
| Offline Trading | Yes | Yes |
| Online Trading | Yes | Yes |
| 24 * 7 Support | No | No |
| Email Support | Yes | Yes |
| Chat Support | No | No |
| Toll free number | No | No |
| Support Branches | 5 | 200+ |
Microsec Capital and Indiabulls Ventures 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 Microsec Capital and Indiabulls Ventures registered and resolved complaints.
For Microsec Capital, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.
For Indiabulls Ventures, the Percentage of resolved BSE complaints is 95.61 % and the Percentage of resolved NSE complaints is 98.65 %.
We can say that Microsec Capital is better than Indiabulls Ventures in case of resolving customer complaints.
| BSE Complaints | Microsec Capital | Indiabulls Ventures |
|---|---|---|
| BSE Complaints | 0 | 114 |
| BSE Resolved Complaints | 0 | 109 |
| Percentage of resolved BSE complaints | NaN % | 95.61 % |
| NSE Complaints | 4 | 148 |
| NSE Resolved Complaints | 4 | 146 |
| Percentage of resolved NSE complaints | 100.00 % | 98.65 % |
| BSE/NSE Complaint vs. Resolved Percentage | NaN % | 97.13 % |
Frequently Asked Questions
Is Microsec Capital better than Indiabulls Ventures?
Microsec Capital and Indiabulls Ventures 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.
Is Indiabulls Ventures better than Microsec Capital?
Indiabulls Ventures and Microsec Capital 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.
Which is cheaper between Microsec Capital and Indiabulls Ventures?
Microsec Capital 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.
Which is better, Microsec Capital and Indiabulls Ventures?
To figure out which of the two stockbrokers, Microsec Capital and Indiabulls Ventures, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Microsec Capital with other stock brokers
Visit the following pages to see a detailed comparision report of Microsec Capital with other brokerage firms.
Compare Indiabulls Ventures with other stock brokers
Visit the following pages to see a detailed comparision report of Indiabulls Ventures with other brokerage firms.