Gainn Fintech Vs IIFL Securities
Gainn Fintech
Gainn Fintech 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.
Gainn Fintech Vs IIFL Securities - Broker Details
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2021 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | N/A | 2000+ |
| Brokerage | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Broker Type | Discount Broker | Full Service Broker |
Gainn Fintech Vs IIFL Securities - Account Opening & AMC Charges
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 per Year | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | N/A | ₹0 (Free) |
Gainn Fintech Vs IIFL Securities - Brokerage charges & Plans
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Commodity Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Currency Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Equity Delivery | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Equity Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹20/ Order |
| Commodity Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹20/ Order |
| Equity Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Currency Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹20/ Order |
| Fixed Charges | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Equity Intraday | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
Gainn Fintech Vs IIFL Securities - Other Charges
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Minimum Brokerage | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
Gainn Fintech Vs IIFL Securities - Transaction Charges
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0019% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | 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: 0.05% (on premium) | NSE: 0.053% on Premium value |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | 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 | Exchange txn charge: 0.0009% Clearing charge: .00025% | 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%(BSE: charges vary as per the scrip group) | 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% |
Gainn Fintech Vs IIFL Securities - Margin (Exposure)
| Gainn Fintech | 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) |
Gainn Fintech Vs IIFL Securities - Features
| Gainn Fintech | 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 | 1x (100% of Normal margin (Span + Exposure) | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. My Gainn Mobile App, 2. My Gainn Trade 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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Gainn Fintech Vs IIFL Securities - Review & Rating
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Gainn Fintech Vs IIFL Securities - Request a call back from Broker
| Gainn Fintech | IIFL Securities | |
|---|---|---|
Gainn Fintech Vs IIFL Securities - Investment Options
| Gainn Fintech | 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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Gainn Fintech Vs IIFL Securities - Order Type
| Gainn Fintech | 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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Gainn Fintech Vs IIFL Securities - Research & Report
| Gainn Fintech | 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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Gainn Fintech Vs IIFL Securities - Daily Market Report
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Daily Market Reports & News |
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Gainn Fintech Vs IIFL Securities - Suitable For Investor
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Gainn Fintech Vs IIFL Securities - Pros & Cons
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. Collaborates with traditional institutions for hybrid solutions, 5. Competitive pricing and low fees. 6.Analyzes user data for better financial decision-making. | 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. Market volatility and potential investment risks, 2. Different fintech platforms may not seamlessly work together, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Different fintech platforms may not seamlessly work together., 6. Potential for high trading fees and expenses. | 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. |
Gainn Fintech Vs IIFL Securities - Background
| Gainn Fintech | IIFL Securities | |
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Gainn Fintech Vs IIFL Securities - Compare All Brokers
| Gainn Fintech | IIFL Securities | |
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Gainn Fintech Vs IIFL Securities - STT/CTT
| Gainn Fintech | 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 | 0.0625% on sell side (on premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.0125% on sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Gainn Fintech Vs IIFL Securities - Demat transaction charges
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per scrip per day | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Gainn Fintech Vs IIFL Securities - GST
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Gainn Fintech Vs IIFL Securities - SEBI Charges
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Gainn Fintech Vs IIFL Securities - Account Opening & AMC Charges
Gainn Fintech
IIFL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 per Year
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
N/A
₹0 (Free)
Gainn Fintech Vs IIFL Securities
| Gainn Fintech | IIFL Securities | |
|---|---|---|
Gainn Fintech Account Opening Review |
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.
Gainn Fintech Vs IIFL Securities - Brokerage charges & Plans
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Commodity Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Currency Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Equity Delivery | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Equity Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹20/ Order |
| Commodity Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹20/ Order |
| Equity Futures | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Currency Options | Option 1 - ₹10 per order | Option 2 - ₹8 per lot | ₹20/ Order |
| Fixed Charges | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Equity Intraday | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Call Back Open Account |
Gainn Fintech Vs IIFL Securities - Margin (Exposure)
| Gainn Fintech | 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) |
Gainn Fintech Vs IIFL Securities - Other Charges
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
| Minimum Brokerage | Option 1 - ₹10 per order | Option 2 - ₹500 per crore | ₹20/ Order |
Gainn Fintech Vs IIFL Securities - STT/CTT
| Gainn Fintech | 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 | 0.0625% on sell side (on premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.0125% on sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Gainn Fintech Vs IIFL Securities - Demat transaction charges
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per scrip per day | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Gainn Fintech Vs IIFL Securities - GST
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Gainn Fintech Vs IIFL Securities - SEBI Charges
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Gainn Fintech Vs IIFL Securities - Features
| Gainn Fintech | IIFL Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | 1x (100% of Normal margin (Span + Exposure) | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. My Gainn Mobile App, 2. My Gainn Trade 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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