Balaji Equities Ltd Vs IIFL Securities
Balaji Equities Ltd
Balaji Equities Ltd Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Balaji Equities Ltd Vs IIFL Securities - Broker Details
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Single Margin Facility | Yes |
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| Year of Incorporation | 2000 | 1995 |
| Exchanges | NSE, BSE, MCX | NSE, BSE, MCX and NCDEX |
| Branches | N/A | 2000+ |
| Brokerage | 2.5% | ₹20/ Order |
| Broker Type | Discount Broker | Full Service Broker |
Balaji Equities Ltd Vs IIFL Securities - Account Opening & AMC Charges
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹500/- | ₹0 (Free) |
| Demat Account AMC | ₹300 per year | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | NA | ₹0 (Free) |
Balaji Equities Ltd Vs IIFL Securities - Brokerage charges & Plans
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Commodity Futures | 2.5% | ₹20/ Order |
| Currency Futures | 2.5% | ₹20/ Order |
| Equity Delivery | N/A | ₹20/ Order |
| Equity Options | ₹100/Lot | ₹20/ Order |
| Commodity Options | ₹100/Lot | ₹20/ Order |
| Equity Futures | ₹100/Lot | ₹20/ Order |
| Currency Options | ₹100/Lot | ₹20/ Order |
| Fixed Charges | 2.5% | ₹20/ Order |
| Equity Intraday | 2.5% | ₹20/ Order |
Balaji Equities Ltd Vs IIFL Securities - Other Charges
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | 2.5% | ₹20/ Order |
| Minimum Brokerage | 2.5% | ₹20/ Order |
Balaji Equities Ltd Vs IIFL Securities - Transaction Charges
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Currency Options | NSE : 0.046% | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | 0.01% on Sell Side | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE : 0.00325% | BSE : 0.00275% | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Options | 0.05% on Sell Side(on Premium) | NSE: 0.053% on Premium value |
| Commodity | MCX : 0.00260% | NCDEX : 0.00400% | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | NSE : 0.00135% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE : 0.00325% | BSE : 0.00275% | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Balaji Equities Ltd Vs IIFL Securities - Margin (Exposure)
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure)1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Balaji Equities Ltd Vs IIFL Securities - Features
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. BELT Web Trading Platform, 2. BELtrade APP | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Balaji Equities Ltd Vs IIFL Securities - Review & Rating
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Balaji Equities Ltd Vs IIFL Securities - Request a call back from Broker
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
Balaji Equities Ltd Vs IIFL Securities - Investment Options
| Balaji Equities Ltd | IIFL Securities | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Balaji Equities Ltd Vs IIFL Securities - Order Type
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Balaji Equities Ltd Vs IIFL Securities - Research & Report
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Balaji Equities Ltd Vs IIFL Securities - Daily Market Report
| Balaji Equities Ltd | IIFL Securities | |
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| Daily Market Reports & News |
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Balaji Equities Ltd Vs IIFL Securities - Suitable For Investor
| Balaji Equities Ltd | IIFL Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Balaji Equities Ltd Vs IIFL Securities - Pros & Cons
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Pros | 1. Diverse Investment Options, 2. Excellent customer service, 3. advanced technology platforms, 4. offer educational resources and training programs to help investors enhance their financial, 5. Research and analysis tools to help investors make informed decision. | 1. It is a full-service broker that has an extended network of branches to guide and help the customers online as well as offline. 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. It provides the best trading terminal to its customers. 4. It has a vast range of financial products that includes stocks, derivatives, bonds, IPO, Mutual Funds, Corporate FDs and Insurance. 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Equity Systematic Investment Plan I.e. Equity SIP. 7. It provides advanced order type like Valid till Date (VTD). |
| Cons | 1. Limited Research Coverage 2. Limited Technology Offering, 3. Limited Product Offerings, 4. Regulatory Risks. | 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account since IIFL does not have banking license. 3. It does not provide the facility of Mutual funds. |
Balaji Equities Ltd Vs IIFL Securities - Background
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
Balaji Equities Ltd Vs IIFL Securities - Compare All Brokers
| Balaji Equities Ltd | IIFL Securities | |
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Balaji Equities Ltd Vs IIFL Securities - STT/CTT
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on Sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Balaji Equities Ltd Vs IIFL Securities - Demat transaction charges
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 per order | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Balaji Equities Ltd Vs IIFL Securities - GST
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
Balaji Equities Ltd Vs IIFL Securities - SEBI Charges
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Balaji Equities Ltd Vs IIFL Securities - Account Opening & AMC Charges
Balaji Equities Ltd
IIFL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹500/-
₹0 (Free)
Demat Account AMC
₹300 per year
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
NA
₹0 (Free)
Balaji Equities Ltd Vs IIFL Securities
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
Balaji Equities Ltd Account Opening Process and Charges Detail |
IIFL Securities Review | Features and Brokerage PlansIIFL Securities is a part of IIFL Group. IIFL group was incorporated in the year 1995 while IIFL Securities was incorporated in the year 1996. It is among the largest independent full-service stock broker house that serves various retail and institutional clients. The IIFL group is the leading financial s .. |
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IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Balaji Equities Ltd Vs IIFL Securities - Brokerage charges & Plans
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Commodity Futures | 2.5% | ₹20/ Order |
| Currency Futures | 2.5% | ₹20/ Order |
| Equity Delivery | N/A | ₹20/ Order |
| Equity Options | ₹100/Lot | ₹20/ Order |
| Commodity Options | ₹100/Lot | ₹20/ Order |
| Equity Futures | ₹100/Lot | ₹20/ Order |
| Currency Options | ₹100/Lot | ₹20/ Order |
| Fixed Charges | 2.5% | ₹20/ Order |
| Equity Intraday | 2.5% | ₹20/ Order |
| Call Back Open Account |
Balaji Equities Ltd Vs IIFL Securities - Margin (Exposure)
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure)1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Balaji Equities Ltd Vs IIFL Securities - Other Charges
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | 2.5% | ₹20/ Order |
| Minimum Brokerage | 2.5% | ₹20/ Order |
Balaji Equities Ltd Vs IIFL Securities - STT/CTT
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on Sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Balaji Equities Ltd Vs IIFL Securities - Demat transaction charges
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50 per order | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Balaji Equities Ltd Vs IIFL Securities - GST
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
Balaji Equities Ltd Vs IIFL Securities - SEBI Charges
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Balaji Equities Ltd Vs IIFL Securities - Features
| Balaji Equities Ltd | IIFL Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. BELT Web Trading Platform, 2. BELtrade APP | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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