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Astha Trade Vs Interactive Brokers
| | Broker Comparison, Trading | No Comments
Astha Trade Vs Interactive Brokers comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Astha Trade Vs Interactive Brokers Comparison
Here is a point by point comparison of Astha Trade Vs Interactive Brokers.
Astha Trade is a discount stock broker based out of Bhopal and has a presence in more than 100 locations across the country. Although it’s a full-service broker, its brokerage charges are reasonable and offer a wide range of trading platforms.
Interactive Brokers is actually a US-based stock broking company and has a discount broking arm based out of Mumbai as well. With 1100+ employees globally, the broker has a presence in 100+ countries and was introduced in India in 2009.
However, this discount broker offers a limited range of trading and investment products.
Discount brokers such as Interactive Brokers or Astha Trade offer trading services at much cheaper brokerage rates and reasonable customer service.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Astha Trade Vs Interactive Brokers to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Astha Trade Vs Interactive Brokers Details
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| Interactive Brokers Review | Astha Trade Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 1977 | 2005 |
| Number of branches across India | 1 | 100+ |
| Exchanges | NSE, BSE | NSE, MCX-SX and NCDEX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹0 | ₹500 |
| Trading Account Annual Maintenance Charges | ₹0 (Monthly ₹200 brokerage must be generated otherwise the differential amount will be levied) | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹300 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
| Transaction Charges | Interactive Brokers Transaction Charges | Astha Trade Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹6 to ₹20 per executed trade | 0.1% |
| Intraday Delivery | ₹6 to ₹20 per executed trade | 0.01% |
| Equity Futures | ₹6 to ₹20 per executed trade | 0.01% |
| Equity Options | ₹6 to ₹20 per executed trade | ₹10 per lot |
| Currency Futures | ₹6 to ₹20 per executed trade | 0.01% |
| Currency Options | ₹6 to ₹20 per executed trade | ₹10 per lot |
| Commodity | NA | 0.01% |
| Astha Trade Brokerage Calculator | ||
| EXPOSURE OR LEVERAGE | ||
| Equity | 4 times for intraday, 2 times for delivery | Upto 40 times for Intraday, 4 times for Delivery |
| Equity Futures | Upto 3 times Intraday | 10 times for Intraday |
| Equity Options | Buying No Leverage, Shorting Upto 3 times | 7 times for Intraday |
| Currency Futures | Upto 2 times Intraday | 3 times for Intraday |
| Currency Options | Buying No Leverage, Shorting Upto 2 times | 2 times for Intraday |
| Commodities | NA | Depending on the Commodity |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity |  | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | IB Trader Workstation, IB TWS, IB WebTrader | ODIN Diet, iWin Mobile, FinTech Web, NSE Now, NSE Mobile, Bhav Terminal Software |
| Total BSE+NSE Complaints | 0.04% | 14 |
| OVERALL RATING |  |  |
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Astha Trade Vs Interactive Brokers for the benefits of other readers? Please feel free to share in the comments below.
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Astha Trade Vs Interactive Brokers
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