Farsight Securities Vs IIFL Securities
Farsight Securities
Farsight Securities 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.
Farsight Securities Vs IIFL Securities - Broker Details
| Farsight Securities | IIFL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1995 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 7 | 2000+ |
| Brokerage | 0.04% | ₹20/ Order |
| Broker Type | Full Service Broker | Full Service Broker |
Farsight Securities Vs IIFL Securities - Account Opening & AMC Charges
| Farsight Securities | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Up to ₹1000 | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | N/A | ₹0 (Free) |
Farsight Securities Vs IIFL Securities - Brokerage charges & Plans
| Farsight Securities | IIFL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | 0.04% | ₹20/ Order |
| Equity Delivery | 0.35% | ₹20/ Order |
| Equity Options | ₹75 per Lot | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | 0.04% | ₹20/ Order |
| Currency Options | ₹50 per Lot | ₹20/ Order |
| Fixed Charges | 0.04% | ₹20/ Order |
| Equity Intraday | 0.04% | ₹20/ Order |
Farsight Securities Vs IIFL Securities - Other Charges
| Farsight Securities | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/- | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/- | ₹0 (Free) |
| Other Brokerage Charges | 0.04% | ₹20/ Order |
| Minimum Brokerage | 0.04% | ₹20/ Order |
Farsight Securities Vs IIFL Securities - Transaction Charges
| Farsight Securities | IIFL Securities | |
|---|---|---|
| Currency Options | 0.00325% | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | 0.00325% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | 0.00325% | 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 | 0.00325% | NSE: 0.053% on Premium value |
| Commodity | 0.00325% | 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 | 0.00325% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | 0.00325% | 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% |
Farsight Securities Vs IIFL Securities - Margin (Exposure)
| Farsight Securities | 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 (no margin) | 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) |
Farsight Securities Vs IIFL Securities - Features
| Farsight Securities | 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Kunjee Mobile App, 2. Farsight MF, 3. Symphony Trading Software, 4. Kunjee Web Portal | 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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Farsight Securities Vs IIFL Securities - Review & Rating
| Farsight Securities | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Farsight Securities Vs IIFL Securities - Request a call back from Broker
| Farsight Securities | IIFL Securities | |
|---|---|---|
Farsight Securities Vs IIFL Securities - Investment Options
| Farsight Securities | IIFL Securities | |
|---|---|---|
| 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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Farsight Securities Vs IIFL Securities - Order Type
| Farsight Securities | 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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Farsight Securities Vs IIFL Securities - Research & Report
| Farsight Securities | 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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Farsight Securities Vs IIFL Securities - Daily Market Report
| Farsight Securities | IIFL Securities | |
|---|---|---|
| Daily Market Reports & News |
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Farsight Securities Vs IIFL Securities - Suitable For Investor
| Farsight Securities | IIFL Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Farsight Securities Vs IIFL Securities - Pros & Cons
| Farsight Securities | IIFL Securities | |
|---|---|---|
| Pros | 1.User-Friendly Platform 2.All-in-One Financial App 3. It is a trustworthy broker serving its services since 2006. 4. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. 5. It provides free access of regular markets to its customers. | 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 Global Investment Options 2.Limited Advanced Trading Features 3. Farsight Securities primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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. |
Farsight Securities Vs IIFL Securities - Background
| Farsight Securities | IIFL Securities | |
|---|---|---|
Farsight Securities Vs IIFL Securities - Compare All Brokers
| Farsight Securities | IIFL Securities | |
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Farsight Securities Vs IIFL Securities - STT/CTT
| Farsight 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(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 |
Farsight Securities Vs IIFL Securities - Demat transaction charges
| Farsight Securities | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Farsight Securities Vs IIFL Securities - GST
| Farsight Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Farsight Securities Vs IIFL Securities - SEBI Charges
| Farsight Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Farsight Securities Vs IIFL Securities - Account Opening & AMC Charges
Farsight Securities
IIFL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Up to ₹1000
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
N/A
₹0 (Free)
Farsight Securities Vs IIFL Securities
| Farsight Securities | IIFL Securities | |
|---|---|---|
Farsight Securities Account Opening Process, Charges, and Details |
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.
Farsight Securities Vs IIFL Securities - Brokerage charges & Plans
| Farsight Securities | IIFL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | 0.04% | ₹20/ Order |
| Equity Delivery | 0.35% | ₹20/ Order |
| Equity Options | ₹75 per Lot | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | 0.04% | ₹20/ Order |
| Currency Options | ₹50 per Lot | ₹20/ Order |
| Fixed Charges | 0.04% | ₹20/ Order |
| Equity Intraday | 0.04% | ₹20/ Order |
| Call Back Open Account |
Farsight Securities Vs IIFL Securities - Margin (Exposure)
| Farsight Securities | 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 (no margin) | 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) |
Farsight Securities Vs IIFL Securities - Other Charges
| Farsight Securities | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/- | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/- | ₹0 (Free) |
| Other Brokerage Charges | 0.04% | ₹20/ Order |
| Minimum Brokerage | 0.04% | ₹20/ Order |
Farsight Securities Vs IIFL Securities - STT/CTT
| Farsight 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(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 |
Farsight Securities Vs IIFL Securities - Demat transaction charges
| Farsight Securities | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Farsight Securities Vs IIFL Securities - GST
| Farsight Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Farsight Securities Vs IIFL Securities - SEBI Charges
| Farsight Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Farsight Securities Vs IIFL Securities - Features
| Farsight Securities | 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Kunjee Mobile App, 2. Farsight MF, 3. Symphony Trading Software, 4. Kunjee Web Portal | 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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