IIFL Securities Vs Balaji Equities Ltd
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.
Balaji Equities Ltd
Balaji Equities Ltd Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
IIFL Securities Vs Balaji Equities Ltd - Broker Details
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| Single Margin Facility |
|
Yes |
| Year of Incorporation | 1995 | 2000 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX |
| Branches | 2000+ | N/A |
| Brokerage | ₹20/ Order | 2.5% |
| Broker Type | Full Service Broker | Discount Broker |
IIFL Securities Vs Balaji Equities Ltd - Account Opening & AMC Charges
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹500/- |
| Demat Account AMC | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards | ₹300 per year |
| Trading Account AMC | ₹0 (Free) | NA |
IIFL Securities Vs Balaji Equities Ltd - Brokerage charges & Plans
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 2.5% |
| Currency Futures | ₹20/ Order | 2.5% |
| Equity Delivery | ₹20/ Order | N/A |
| Equity Options | ₹20/ Order | ₹100/Lot |
| Commodity Options | ₹20/ Order | ₹100/Lot |
| Equity Futures | ₹20/ Order | ₹100/Lot |
| Currency Options | ₹20/ Order | ₹100/Lot |
| Fixed Charges | ₹20/ Order | 2.5% |
| Equity Intraday | ₹20/ Order | 2.5% |
IIFL Securities Vs Balaji Equities Ltd - Other Charges
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order | 2.5% |
| Minimum Brokerage | ₹20/ Order | 2.5% |
IIFL Securities Vs Balaji Equities Ltd - Transaction Charges
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE : 0.046% |
| Equity Futures | NSE: 0.00195% on Total Turnover value | 0.01% on Sell Side |
| Equity Intraday | 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% | NSE : 0.00325% | BSE : 0.00275% |
| Equity Options | NSE: 0.053% on Premium value | 0.05% on Sell Side(on Premium) |
| Commodity | 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 | MCX : 0.00260% | NCDEX : 0.00400% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE : 0.00135% |
| Equity Delivery | 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% | NSE : 0.00325% | BSE : 0.00275% |
IIFL Securities Vs Balaji Equities Ltd - Margin (Exposure)
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| 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)1x (100% of NRML margin (Span + Exposure) |
IIFL Securities Vs Balaji Equities Ltd - Features
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| 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 4:45 PM | Commodity:- 11:25 PM | Equity Cash: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1. BELT Web Trading Platform, 2. BELtrade APP |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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IIFL Securities Vs Balaji Equities Ltd - Review & Rating
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
IIFL Securities Vs Balaji Equities Ltd - Request a call back from Broker
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
IIFL Securities Vs Balaji Equities Ltd - Investment Options
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| 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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IIFL Securities Vs Balaji Equities Ltd - Order Type
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| 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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IIFL Securities Vs Balaji Equities Ltd - Research & Report
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| 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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IIFL Securities Vs Balaji Equities Ltd - Daily Market Report
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| Daily Market Reports & News |
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IIFL Securities Vs Balaji Equities Ltd - Suitable For Investor
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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IIFL Securities Vs Balaji Equities Ltd - Pros & Cons
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| Pros | 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). | 1. Diverse Investment Options, 2. Excellent customer service, 3. advanced technology platforms, 4. offer educational resources and training programs to help investors enhance their financial, 5. Research and analysis tools to help investors make informed decision. |
| Cons | 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. | 1. Limited Research Coverage 2. Limited Technology Offering, 3. Limited Product Offerings, 4. Regulatory Risks. |
IIFL Securities Vs Balaji Equities Ltd - Background
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
IIFL Securities Vs Balaji Equities Ltd - Compare All Brokers
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
IIFL Securities Vs Balaji Equities Ltd - STT/CTT
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| 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 Sell | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01 % on Sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
IIFL Securities Vs Balaji Equities Ltd - Demat transaction charges
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹50 per order |
IIFL Securities Vs Balaji Equities Ltd - GST
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) |
IIFL Securities Vs Balaji Equities Ltd - SEBI Charges
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
IIFL Securities Vs Balaji Equities Ltd - Account Opening & AMC Charges
IIFL Securities
Balaji Equities Ltd
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹500/-
Demat Account AMC
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
₹300 per year
Trading Account AMC
₹0 (Free)
NA
IIFL Securities Vs Balaji Equities Ltd
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
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 .. + " Vs "+ Balaji Equities Ltd |
Balaji Equities Ltd Account Opening Process and Charges Detail |
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Balaji Equities Ltd
Balaji Equities Ltd Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
IIFL Securities Vs Balaji Equities Ltd - Brokerage charges & Plans
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 2.5% |
| Currency Futures | ₹20/ Order | 2.5% |
| Equity Delivery | ₹20/ Order | N/A |
| Equity Options | ₹20/ Order | ₹100/Lot |
| Commodity Options | ₹20/ Order | ₹100/Lot |
| Equity Futures | ₹20/ Order | ₹100/Lot |
| Currency Options | ₹20/ Order | ₹100/Lot |
| Fixed Charges | ₹20/ Order | 2.5% |
| Equity Intraday | ₹20/ Order | 2.5% |
| Call Back Open Account |
IIFL Securities Vs Balaji Equities Ltd - Margin (Exposure)
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| 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)1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
IIFL Securities Vs Balaji Equities Ltd - Other Charges
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order | 2.5% |
| Minimum Brokerage | ₹20/ Order | 2.5% |
IIFL Securities Vs Balaji Equities Ltd - STT/CTT
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| 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 Sell | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01 % on Sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
IIFL Securities Vs Balaji Equities Ltd - Demat transaction charges
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹50 per order |
IIFL Securities Vs Balaji Equities Ltd - GST
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) |
IIFL Securities Vs Balaji Equities Ltd - SEBI Charges
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
IIFL Securities Vs Balaji Equities Ltd - Features
| IIFL Securities | Balaji Equities Ltd | |
|---|---|---|
| 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity Cash: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1. BELT Web Trading Platform, 2. BELtrade APP |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |