Firstock Vs INDmoney (Compare Firstock and INDmoney)

Firstock Vs INDmoney

Incorporated in 2021, Firstock is a Discount Broker. It offers trading at BSE, NSE. It has branches across India. Incorporated in 2019, INDmoney is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

	Firstock	INDmoney
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE	BSE, NSE
Year of Incorporation	2021	2019
Number of Branches		1
	Open Firstock Account	Open INDmoney Account

Firstock Vs INDmoney Charges & AMC

Firstock trading account opening charges is Rs 0 (Free) while INDmoney account opening changes is Rs 0. Firstock Demat Account AMC Charges is Rs 0 (Free) and INDmoney Demat Account AMC Charges is Rs 0.

	Firstock	INDmoney
Trading Account Opening Charges	Rs 0 (Free)	Rs 0
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 0 (Free)	Rs 0

Firstock Vs INDmoney Brokerage

Firstock brokerage charges for equity is Rs 0 and intraday is Rs 20 per executed order whereas INDmoney brokerage charges for equity is 0.05% of order value or Rs 20, whichever is lower and intraday is 0.05% of order value or Rs 20, whichever is lower.

Account Type	Firstock	INDmoney Standard Plan
Fixed Charges
Equity Delivery	Rs 0	0.05% of order value or Rs 20, whichever is lower
Equity Intraday	Rs 20 per executed order	0.05% of order value or Rs 20, whichever is lower
Equity Futures	Rs 20 per order, 0.03% or whichever is lower	Rs 20 per executed order
Equity Options	Rs 20 per order, 0.03% or whichever is lower	Rs 20 per executed order
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Special Offer	Special Offer: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.	Special Offer: Invest in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100.

Firstock Charges Vs INDmoney

Minimum Brokerage	Rs 20	Rs 2
Other Charges
Call & Trade Charges	Rs 50	Rs 500
	Open Firstock Account	Open INDmoney Account

Firstock Vs INDmoney Leverage (Margin)

Firstock margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the INDmoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Firstock	INDmoney
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
	Open Firstock Account	Open INDmoney Account

Compare Firstock and INDmoney Features

The trading platforms offered Firstock include Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web. INDmoney offers INDmoney App, INDstocks App and INDmoney Web Platform trading software.

	Firstock	INDmoney
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Firstock - Trade & Invest: Mobile App, Desktop Exe, Firstock Web	INDmoney App, INDstocks App and INDmoney Web Platform
Intraday Square-off Time	3:25 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	⁠⁠APIs for Algo Trading
	Open Firstock Account	Open INDmoney Account

Firstock Vs INDmoney Review

Firstock is rated of 5 based on 1 customer reviews whereas INDmoney is rated of 5 based on 1 customer reviews.

	Firstock	INDmoney
	1 Customer Reviews	1 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Firstock is Rated 3.0 / 5 based on 1 customer reviews	INDmoney is Rated 4.0 / 5 based on 1 customer reviews

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Firstock Vs INDmoney Investment Options

	Firstock	INDmoney
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

Firstock Vs INDmoney Order Type Offered

	Firstock	INDmoney
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)
	Open Firstock Account	Open INDmoney Account

Firstock Vs INDmoney Suitable For Investor Type

	Firstock	INDmoney
Casual Investor
Active Investor
Trader

Firstock Vs INDmoney - Pros and Cons

	Firstock	INDmoney
Pros	Single-View Dashboard – Access key market data at a glance: index levels, highs & lows, P/E, P/B, dividend yield, put-call ratio, futures, and synthetic futures. Complete Portfolio View – Track P&L, invested/current value, available & used margin, open positions, and sector-wise holdings snapshot. Indices Tab – Stay updated with Nifty, Bank Nifty, and more; view daily/weekly/monthly performance and live market depth. Quick Market Analysis – Assess trends instantly for better trading decisions. One-Click Options Strategies – Execute Straddle or Strangle quickly by selecting strike range and auto-filling orders for fast, error-free execution. Basket Orders – Use predefined or custom multi-leg strategies (e.g., Iron Condor, Straddle). Advanced Strategy Tools – Review, sequence, check payoff charts, verify margin needs, and execute in one click. Reusable Strategies – Save and apply strategies to any instrument later. Clutter-Free Interface – Only the data you need, presented simply.	Zero-cost trading account opening. INDmoney AMC charges are Rs 0 (lifetime). Invest in Indian and US stocks from one app. Pledge & Unpledge: Rs 20 + GST per ISIN per request. INDmoney for US stocks: Direct Access (NSEIX) and Zero AMC and Withdrawal Charges. Mutual Fund: Invest in 1600+ Direct Plan Mutual Funds. Invest in NPS: Efficient Retirement Planning. Save up to Rs 62,400/- per year in taxes with NPS. Family Accounts: Manage All your Family Accounts.
Cons	Businesses, partnerships, and non-resident Indians (NRIs) have to open accounts offline (in person or via mail). Rs 20 charge for orders like buybacks or delistings. No Currency/Commodity Trading.	No Margin Trading Funding — Borrowed funds for leveraged trades are not available. No Currency or Commodity Trading — Limited to equity, mutual funds, and US stock segments. No 3-in-1 Account — Banking, demat, and trading are not linked together.
Reviews
Promo / Offers	Firstock Special Offer Unlimited Trades @ ZERO Brokerage on Delivery trades Rs 0 brokerage on Delivery. Rs 20 per executed order on F&O and Intraday. This is a limited-time offer. Open a Free Demat Account online and start trading today.	INDmoney Special Offer Free stock trading and mutual funds Account Lifetime FREE Demat account AMC Brokerage free Mutual Fund investment Invest in Indian and US stocks from one app 4X instant wallet boost with MTF at just 0.04% interest per day Flat ₹20 brokerage per trade across all F&O segments Zero Fees on US stocks deposits and Withdrawals Track all finances and know your net worth Limited-time offer! Open your instant INDmoney account (FREE) online and start trading today.
	Open Firstock Account	Open INDmoney Account