SBICAP Securities Vs IIFL Securities
SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP 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, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
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.
SBICAP Securities Vs IIFL Securities - Broker Details
| SBICAP Securities | IIFL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1986 | 1995 |
| Exchanges | NSE, BSE | NSE, BSE, MCX and NCDEX |
| Branches | 141+ | 2000+ |
| Brokerage | 0.075% | ₹20/ Order |
| Broker Type | Full service Broker | Full Service Broker |
SBICAP Securities Vs IIFL Securities - Account Opening & AMC Charges
| SBICAP Securities | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹850/- | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹750 (₹500/- for e-statement) | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
SBICAP Securities Vs IIFL Securities - Brokerage charges & Plans
| SBICAP Securities | IIFL Securities | |
|---|---|---|
| Commodity Futures | Intraday:- 0.03% | Delivery:- 0.05% | ₹20/ Order |
| Currency Futures | Intraday:- ₹50 | Delivery:- ₹100/- | ₹20/ Order |
| Equity Delivery | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order |
| Equity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹20/ Order |
| Commodity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹20/ Order |
| Equity Futures | Intraday:- 0.03% | Delivery:- 0.05% | ₹20/ Order |
| Currency Options | Intraday:- ₹20 | Delivery:- ₹30/- | ₹20/ Order |
| Fixed Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order |
| Equity Intraday | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order |
SBICAP Securities Vs IIFL Securities - Other Charges
| SBICAP Securities | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹10/Order | ₹0 (Free) |
| Other Brokerage Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order |
| Minimum Brokerage | ₹20/Order | ₹20/ Order |
SBICAP Securities Vs IIFL Securities - Transaction Charges
| SBICAP Securities | IIFL Securities | |
|---|---|---|
| Currency Options | NSE: 0.05515% ( ₹5515/Crore) | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE:- 0.002206% ( ₹221/Crore) | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE: 0.00386% | BSE: 0.00384% | 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- 0.05515% (Rs.5515/crore) | 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 | 0.002206% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00386% | BSE: 0.00384% | 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% |
SBICAP Securities Vs IIFL Securities - Margin (Exposure)
| SBICAP 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 (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) |
SBICAP Securities Vs IIFL Securities - Features
| SBICAP 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. | 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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SBICAP Securities Vs IIFL Securities - Review & Rating
| SBICAP Securities | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
SBICAP Securities Vs IIFL Securities - Request a call back from Broker
| SBICAP Securities | IIFL Securities | |
|---|---|---|
SBICAP Securities Vs IIFL Securities - Investment Options
| SBICAP 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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SBICAP Securities Vs IIFL Securities - Order Type
| SBICAP 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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SBICAP Securities Vs IIFL Securities - Research & Report
| SBICAP 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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SBICAP Securities Vs IIFL Securities - Daily Market Report
| SBICAP Securities | IIFL Securities | |
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| Daily Market Reports & News |
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SBICAP Securities Vs IIFL Securities - Suitable For Investor
| SBICAP Securities | IIFL Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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SBICAP Securities Vs IIFL Securities - Pros & Cons
| SBICAP Securities | IIFL Securities | |
|---|---|---|
| Pros | 1. Arm of most trusted and largest bank of India i.e. State Bank of India (SBI). 2. 115+ branches across India. 3. Provides 3-in-1 account. 4. SBI Smart app and YONO app for resident Indians and NRIs. 4. Research reports and advisory services. 5. Online and offline trading facility. 6. Trade on call facility. 7. Full-service broker. | 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.Very high brokerage in comparison to the online discount stock broker. 2.Call and trade is free for first 30 calls, after that it is charged at ₹10/Call. | 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. |
SBICAP Securities Vs IIFL Securities - Background
| SBICAP Securities | IIFL Securities | |
|---|---|---|
SBICAP Securities Vs IIFL Securities - Compare All Brokers
| SBICAP Securities | IIFL Securities | |
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SBICAP Securities Vs IIFL Securities - STT/CTT
| SBICAP 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 |
SBICAP Securities Vs IIFL Securities - Demat transaction charges
| SBICAP Securities | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
SBICAP Securities Vs IIFL Securities - GST
| SBICAP Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
SBICAP Securities Vs IIFL Securities - SEBI Charges
| SBICAP Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
SBICAP Securities Vs IIFL Securities - Account Opening & AMC Charges
SBICAP Securities
IIFL Securities
Trading Account Opening Charge
₹850/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹750 (₹500/- for e-statement)
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
₹0 (Free)
₹0 (Free)
SBICAP Securities Vs IIFL Securities
| SBICAP Securities | IIFL Securities | |
|---|---|---|
SBICAP Securities Review | Brokerage Charges, Account OpeningIncorporated in 2006 as a stock broking brand of State Bank of India Group and a fully owned subsidiary of SBI Capital Markets Limited (SBICAPS). Currently, SBI Capital Markets Ltd. has four subsidiaries. • SBICAP Securities Limited • SBICAP V .. + " Vs "+ IIFL Securities |
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.
SBICAP Securities Vs IIFL Securities - Brokerage charges & Plans
| SBICAP Securities | IIFL Securities | |
|---|---|---|
| Commodity Futures | Intraday:- 0.03% | Delivery:- 0.05% | ₹20/ Order |
| Currency Futures | Intraday:- ₹50 | Delivery:- ₹100/- | ₹20/ Order |
| Equity Delivery | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order |
| Equity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹20/ Order |
| Commodity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹20/ Order |
| Equity Futures | Intraday:- 0.03% | Delivery:- 0.05% | ₹20/ Order |
| Currency Options | Intraday:- ₹20 | Delivery:- ₹30/- | ₹20/ Order |
| Fixed Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order |
| Equity Intraday | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order |
| Call Back Open Account |
SBICAP Securities Vs IIFL Securities - Margin (Exposure)
| SBICAP 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 (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) |
SBICAP Securities Vs IIFL Securities - Other Charges
| SBICAP Securities | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹10/Order | ₹0 (Free) |
| Other Brokerage Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order |
| Minimum Brokerage | ₹20/Order | ₹20/ Order |
SBICAP Securities Vs IIFL Securities - STT/CTT
| SBICAP 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 |
SBICAP Securities Vs IIFL Securities - Demat transaction charges
| SBICAP Securities | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
SBICAP Securities Vs IIFL Securities - GST
| SBICAP Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
SBICAP Securities Vs IIFL Securities - SEBI Charges
| SBICAP Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
SBICAP Securities Vs IIFL Securities - Features
| SBICAP 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. | 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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