Fisdom Vs IIFL Securities
Fisdom
Fisdom 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.
Fisdom Vs IIFL Securities - Broker Details
| Fisdom | IIFL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 1995 |
| Exchanges | NSE, BSE, and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 15+ | 2000+ |
| Brokerage | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
| Broker Type | Discount Broker | Full Service Broker |
Fisdom Vs IIFL Securities - Account Opening & AMC Charges
| Fisdom | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charge | Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | NA | ₹0 (Free) |
Fisdom Vs IIFL Securities - Brokerage charges & Plans
| Fisdom | IIFL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
| Equity Delivery | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% | ₹20/ Order |
| Equity Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
| Currency Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹20/ Order |
| Fixed Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
| Equity Intraday | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
Fisdom Vs IIFL Securities - Other Charges
| Fisdom | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
| Minimum Brokerage | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
Fisdom Vs IIFL Securities - Transaction Charges
| Fisdom | IIFL Securities | |
|---|---|---|
| Currency Options | NSE: 0.053% (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: 0.002% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | 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: 0.053% (on premium) | NSE: 0.053% on Premium value |
| Commodity | N/A | 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: 0.002% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | 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% |
Fisdom Vs IIFL Securities - Margin (Exposure)
| Fisdom | 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) |
Fisdom Vs IIFL Securities - Features
| Fisdom | 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 & F&O:- 3:15 PM | Currency: 4:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Fisdom Mobile App, 2. Fisdom 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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Fisdom Vs IIFL Securities - Review & Rating
| Fisdom | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Fisdom Vs IIFL Securities - Request a call back from Broker
| Fisdom | IIFL Securities | |
|---|---|---|
Fisdom Vs IIFL Securities - Investment Options
| Fisdom | 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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Fisdom Vs IIFL Securities - Order Type
| Fisdom | 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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Fisdom Vs IIFL Securities - Research & Report
| Fisdom | 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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Fisdom Vs IIFL Securities - Daily Market Report
| Fisdom | IIFL Securities | |
|---|---|---|
| Daily Market Reports & News |
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Fisdom Vs IIFL Securities - Suitable For Investor
| Fisdom | IIFL Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Fisdom Vs IIFL Securities - Pros & Cons
| Fisdom | IIFL Securities | |
|---|---|---|
| Pros | 1. user-friendly trading platform 2.It provides the most advanced trading platforms. 3. Wide Range of Financial Products. 4.Competitive Pricing 5. It has the best team for research analysts that provides various research reports and tips. | 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. It does not facilitate its customers with the 3-in-1 demat account. 2.The charges for call and trade is ₹20. 3. Fisdom charges high fees or has hidden costs. | 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. |
Fisdom Vs IIFL Securities - Background
| Fisdom | IIFL Securities | |
|---|---|---|
Fisdom Vs IIFL Securities - Compare All Brokers
| Fisdom | IIFL Securities | |
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Fisdom Vs IIFL Securities - STT/CTT
| Fisdom | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% only on sell | 0.01 % on Sell |
| Commodity Options | 0.05% only on sell side | 0.05% on Sell Side |
Fisdom Vs IIFL Securities - Demat transaction charges
| Fisdom | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 per scrip per day | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Fisdom Vs IIFL Securities - GST
| Fisdom | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Fisdom Vs IIFL Securities - SEBI Charges
| Fisdom | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fisdom Vs IIFL Securities - Account Opening & AMC Charges
Fisdom
IIFL Securities
Trading Account Opening Charge
Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free)
₹0 (Free)
Demat Account AMC
Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
NA
₹0 (Free)
Fisdom Vs IIFL Securities
| Fisdom | IIFL Securities | |
|---|---|---|
Fisdom Account Opening Process and Charge 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.
Fisdom Vs IIFL Securities - Brokerage charges & Plans
| Fisdom | IIFL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
| Equity Delivery | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% | ₹20/ Order |
| Equity Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
| Currency Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹20/ Order |
| Fixed Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
| Equity Intraday | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
| Call Back Open Account |
Fisdom Vs IIFL Securities - Margin (Exposure)
| Fisdom | 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) |
Fisdom Vs IIFL Securities - Other Charges
| Fisdom | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
| Other Brokerage Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
| Minimum Brokerage | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
Fisdom Vs IIFL Securities - STT/CTT
| Fisdom | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% only on sell | 0.01 % on Sell |
| Commodity Options | 0.05% only on sell side | 0.05% on Sell Side |
Fisdom Vs IIFL Securities - Demat transaction charges
| Fisdom | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 per scrip per day | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Fisdom Vs IIFL Securities - GST
| Fisdom | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Fisdom Vs IIFL Securities - SEBI Charges
| Fisdom | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fisdom Vs IIFL Securities - Features
| Fisdom | IIFL Securities | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Fisdom Mobile App, 2. Fisdom 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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