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Comparision (Finvasia VS IIFL Securities)

 

Finvasia Vs IIFL Securities

Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages

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.

Finvasia Vs IIFL Securities - Broker Details

Finvasia IIFL Securities
Single Margin Facility
Year of Incorporation 2012 1995
Exchanges NSE, BSE, MCX and NCDEX NSE, BSE, MCX and NCDEX
Branches Zero 2000+
Brokerage ₹0 (Free) ₹20/ Order
Broker Type Discount Broker Full Service Broker

Finvasia Vs IIFL Securities - Account Opening & AMC Charges

Finvasia IIFL Securities
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC ₹0 (Free) ₹0 (Free)

Finvasia Vs IIFL Securities - Brokerage charges & Plans

Finvasia IIFL Securities
Commodity Futures ₹0 (Free) ₹20/ Order
Currency Futures ₹0 (Free) ₹20/ Order
Equity Delivery ₹0 (Free) ₹20/ Order
Equity Options ₹0 (Free) ₹20/ Order
Commodity Options ₹0 (Free) ₹20/ Order
Equity Futures ₹0 (Free) ₹20/ Order
Currency Options ₹0 (Free) ₹20/ Order
Fixed Charges ₹0 (Free) ₹20/ Order
Equity Intraday ₹0 (Free) ₹20/ Order

Finvasia Vs IIFL Securities - Other Charges

Finvasia IIFL Securities
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹0 (Free)
Other Brokerage Charges ₹0 (Free) ₹20/ Order
Minimum Brokerage ₹0 (Free) ₹20/ Order

Finvasia Vs IIFL Securities - Transaction Charges

Finvasia IIFL Securities
Currency Options ₹4000/Cr of premium NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025%
Equity Futures ₹325/Cr NSE: 0.00195% on Total Turnover value
Equity Intraday ₹325/Cr 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 ₹5000/Cr NSE: 0.053% on Premium value
Commodity ₹260/Cr 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 ₹115/Cr NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004%
Equity Delivery ₹325/Cr 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%

Finvasia Vs IIFL Securities - Margin (Exposure)

Finvasia 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)

Finvasia Vs IIFL Securities - Features

Finvasia 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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal
SMS Alerts for Trades
Direct Mutual Fund

Finvasia Vs IIFL Securities - Review & Rating

Finvasia IIFL Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account Call Back Open Account

Finvasia Vs IIFL Securities - Request a call back from Broker

Finvasia IIFL Securities

Finvasia Vs IIFL Securities - Investment Options

Finvasia IIFL Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Finvasia Vs IIFL Securities - Order Type

Finvasia 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

Finvasia Vs IIFL Securities - Research & Report

Finvasia IIFL Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Finvasia Vs IIFL Securities - Daily Market Report

Finvasia IIFL Securities
Daily Market Reports & News

Finvasia Vs IIFL Securities - Suitable For Investor

Finvasia IIFL Securities
Casual Investor
Active Investor
Trader

Finvasia Vs IIFL Securities - Pros & Cons

Finvasia IIFL Securities
Pros 1.They offer truly commission-free online trading. They don't charge any brokerage. Customer pay only taxes and monthly trading platform uses charges for few trading software's. 2. Trading and Demat Account opening is FREE. 3.Online Chat support is available on its website. 4.Online IPO Application is available with Finvasia. 5.Five minutes online paperless account opening is available through eKYC and AADHAAR ESign. 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.Finvasia offers online do-it-yourself (DIY) stock trading faculty with minimum or no support from the broker. They are not suitable for beginners or casual investors. 2.Scalpter (trading website) has only 1 min charting frame. 3.Doesn't offer a 3-in-1 account. 4. Trading platforms like NEST and NOW are chargeable. 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.

Finvasia Vs IIFL Securities - Background

Finvasia IIFL Securities

Finvasia Vs IIFL Securities - Compare All Brokers

Finvasia IIFL Securities

Finvasia Vs IIFL Securities - STT/CTT

Finvasia 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

Finvasia Vs IIFL Securities - Demat transaction charges

Finvasia IIFL Securities
Equity Demat Transaction Charges ₹9 + Gst per scrip only on sell Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell

Finvasia Vs IIFL Securities - GST

Finvasia IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge)

Finvasia Vs IIFL Securities - SEBI Charges

Finvasia IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Finvasia Vs IIFL Securities - Account Opening & AMC Charges

Finvasia
IIFL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account
Call Back Open Account

Finvasia Vs IIFL Securities

Finvasia IIFL Securities
 

Finvasia Review | Brokerage Charges, Account Opening

‘Simply Commission Free’ is a tagline of Finvasia which strongly believes that adding value & quality to the products & services will have more meaning in the future rather than charging brokerage. Finvasia financial services private limited ..
+ " Vs "+ IIFL Securities
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IIFL Securities Review | Features and Brokerage Plans

IIFL 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.

Finvasia Vs IIFL Securities - Brokerage charges & Plans

Finvasia IIFL Securities
Commodity Futures ₹0 (Free) ₹20/ Order
Currency Futures ₹0 (Free) ₹20/ Order
Equity Delivery ₹0 (Free) ₹20/ Order
Equity Options ₹0 (Free) ₹20/ Order
Commodity Options ₹0 (Free) ₹20/ Order
Equity Futures ₹0 (Free) ₹20/ Order
Currency Options ₹0 (Free) ₹20/ Order
Fixed Charges ₹0 (Free) ₹20/ Order
Equity Intraday ₹0 (Free) ₹20/ Order
Call Back Open Account Call Back Open Account

Finvasia Vs IIFL Securities - Margin (Exposure)

Finvasia 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)
Call Back Open Account

Finvasia Vs IIFL Securities - Other Charges

Finvasia IIFL Securities
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) ₹0 (Free)
Other Brokerage Charges ₹0 (Free) ₹20/ Order
Minimum Brokerage ₹0 (Free) ₹20/ Order

Finvasia Vs IIFL Securities - STT/CTT

Finvasia 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

Finvasia Vs IIFL Securities - Demat transaction charges

Finvasia IIFL Securities
Equity Demat Transaction Charges ₹9 + Gst per scrip only on sell Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell

Finvasia Vs IIFL Securities - GST

Finvasia IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge)

Finvasia Vs IIFL Securities - SEBI Charges

Finvasia IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Finvasia Vs IIFL Securities - Features

Finvasia 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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Finvasia

IIFL Securities