Definedge Securities Vs IIFL Securities
Definedge Securities
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.
Definedge Securities Vs IIFL Securities - Broker Details
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2015 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX. | NSE, BSE, MCX and NCDEX |
| Branches | 270 | 2000+ |
| Brokerage | ₹18 per executed order | ₹20/ Order |
| Broker Type | Discount Broker | Full Service Broker |
Definedge Securities Vs IIFL Securities - Account Opening & AMC Charges
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹180 | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | ₹300 AMC | ₹0 (Free) |
Definedge Securities Vs IIFL Securities - Brokerage charges & Plans
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order |
| Equity Delivery | ₹0 (Free) | ₹20/ Order |
| Equity Options | ₹18 per executed order | ₹20/ Order |
| Commodity Options | ₹18 per executed order | ₹20/ Order |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order |
| Currency Options | ₹18 per executed order | ₹20/ Order |
| Fixed Charges | ₹18 per executed order | ₹20/ Order |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | ₹20/ Order |
Definedge Securities Vs IIFL Securities - Other Charges
| Definedge Securities | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹36/- per order | ₹0 (Free) |
| Other Brokerage Charges | ₹18 per executed order | ₹20/ Order |
| Minimum Brokerage | ₹18 per executed order | ₹20/ Order |
Definedge Securities Vs IIFL Securities - Transaction Charges
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | 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 | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | NSE: 0.053% on Premium value |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | 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 ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | 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% |
Definedge Securities Vs IIFL Securities - Margin (Exposure)
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Definedge Securities Vs IIFL Securities - Features
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Definedge Securities Vs IIFL Securities - Review & Rating
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Definedge Securities Vs IIFL Securities - Request a call back from Broker
| Definedge Securities | IIFL Securities | |
|---|---|---|
Definedge Securities Vs IIFL Securities - Investment Options
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Definedge Securities Vs IIFL Securities - Order Type
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Definedge Securities Vs IIFL Securities - Research & Report
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Definedge Securities Vs IIFL Securities - Daily Market Report
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Daily Market Reports & News |
|
|
Definedge Securities Vs IIFL Securities - Suitable For Investor
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Definedge Securities Vs IIFL Securities - Pros & Cons
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Pros | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. | 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. | 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. |
Definedge Securities Vs IIFL Securities - Background
| Definedge Securities | IIFL Securities | |
|---|---|---|
Definedge Securities Vs IIFL Securities - Compare All Brokers
| Definedge Securities | IIFL Securities | |
|---|---|---|
Definedge Securities Vs IIFL Securities - STT/CTT
| Definedge Securities | 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 | 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 |
Definedge Securities Vs IIFL Securities - Demat transaction charges
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Definedge Securities Vs IIFL Securities - GST
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Definedge Securities Vs IIFL Securities - SEBI Charges
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Definedge Securities Vs IIFL Securities - Account Opening & AMC Charges
Definedge Securities
IIFL Securities
Trading Account Opening Charge
₹180
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
₹300 AMC
₹0 (Free)
Definedge Securities Vs IIFL Securities
| Definedge Securities | IIFL Securities | |
|---|---|---|
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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 .. |
|
|
|
|
|
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.
Definedge Securities Vs IIFL Securities - Brokerage charges & Plans
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order |
| Currency Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order |
| Equity Delivery | ₹0 (Free) | ₹20/ Order |
| Equity Options | ₹18 per executed order | ₹20/ Order |
| Commodity Options | ₹18 per executed order | ₹20/ Order |
| Equity Futures | 0.03% or ₹18 per executed order whichever is lower | ₹20/ Order |
| Currency Options | ₹18 per executed order | ₹20/ Order |
| Fixed Charges | ₹18 per executed order | ₹20/ Order |
| Equity Intraday | 0.03% or ₹ 18 per executed order whichever is lower | ₹20/ Order |
| Call Back Open Account |
Definedge Securities Vs IIFL Securities - Margin (Exposure)
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Definedge Securities Vs IIFL Securities - Other Charges
| Definedge Securities | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹36/- per order | ₹0 (Free) |
| Other Brokerage Charges | ₹18 per executed order | ₹20/ Order |
| Minimum Brokerage | ₹18 per executed order | ₹20/ Order |
Definedge Securities Vs IIFL Securities - STT/CTT
| Definedge Securities | 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 | 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 |
Definedge Securities Vs IIFL Securities - Demat transaction charges
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Definedge Securities Vs IIFL Securities - GST
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Definedge Securities Vs IIFL Securities - SEBI Charges
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Definedge Securities Vs IIFL Securities - Features
| Definedge Securities | IIFL Securities | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|