9Star Broking Vs IIFL Securities
9Star Broking
9Star Broking 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.
9Star Broking Vs IIFL Securities - Broker Details
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2004 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 128 | 2000+ |
| Brokerage | 0.04% | ₹20/ Order |
| Broker Type | Full Service Broker | Full Service Broker |
9Star Broking Vs IIFL Securities - Account Opening & AMC Charges
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Rs. 300 + Taxes for Individual (Yearly) Rs. 600 + Taxes for Non-Individual and Others (Yearly) | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | N/A | ₹0 (Free) |
9Star Broking Vs IIFL Securities - Brokerage charges & Plans
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | 0.04% | ₹20/ Order |
| Equity Delivery | 0.35% | ₹20/ Order |
| Equity Options | 0.05% or upto ₹20 | ₹20/ Order |
| Commodity Options | NA | ₹20/ Order |
| Equity Futures | 0.04% | ₹20/ Order |
| Currency Options | Rs.20 per Lot | ₹20/ Order |
| Fixed Charges | 0.04% | ₹20/ Order |
| Equity Intraday | 0.04% | ₹20/ Order |
9Star Broking Vs IIFL Securities - Other Charges
| 9Star Broking | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 per order | ₹0 (Free) |
| Other Brokerage Charges | 0.04% | ₹20/ Order |
| Minimum Brokerage | 0.04% | ₹20/ Order |
9Star Broking Vs IIFL Securities - Transaction Charges
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Currency Options | 0.042% | 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: 0.003% | 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% | NSE: 0.053% on Premium value |
| Commodity | Mcx: .0028% | NCDEX: .006 % | ICEX: .003% | 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 | 0.0012% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | BSE: 0.003% | NSE: 0.00325% | 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% |
9Star Broking Vs IIFL Securities - Margin (Exposure)
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 4x (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 the 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 (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
9Star Broking Vs IIFL Securities - Features
| 9Star Broking | 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 4:20 PM | Commodity:- 11:15 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. 9Star Trader, 2. 9 Star Connect, 3. 9 Star Backoffice, 4.9 Star Wealth | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
9Star Broking Vs IIFL Securities - Review & Rating
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
9Star Broking Vs IIFL Securities - Request a call back from Broker
| 9Star Broking | IIFL Securities | |
|---|---|---|
9Star Broking Vs IIFL Securities - Investment Options
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
9Star Broking Vs IIFL Securities - Order Type
| 9Star Broking | 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 |
|
|
9Star Broking Vs IIFL Securities - Research & Report
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
9Star Broking Vs IIFL Securities - Daily Market Report
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Daily Market Reports & News |
|
|
9Star Broking Vs IIFL Securities - Suitable For Investor
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
9Star Broking Vs IIFL Securities - Pros & Cons
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Pros | 1.It charges low brokerage. 2.It provides the best trading terminal to its customers. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5. Quick resolution of issues is crucial in the dynamic world of trading. 6. Diverse Investment Options. | 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. High Minimum Investment Requirements 2. Limited control over market fluctuations 3. Complexity of investment options. 4. Customer Service Challenges. 5. Kedia Capital does not cover a broad spectrum of financial instruments or lacks certain investment options. | 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. |
9Star Broking Vs IIFL Securities - Background
| 9Star Broking | IIFL Securities | |
|---|---|---|
9Star Broking Vs IIFL Securities - Compare All Brokers
| 9Star Broking | IIFL Securities | |
|---|---|---|
9Star Broking Vs IIFL Securities - STT/CTT
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.01% on the sell side | 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 the sell side | 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 | 0.01% on the sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on the sell side | 0.05% on Sell Side |
9Star Broking Vs IIFL Securities - Demat transaction charges
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per request | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
9Star Broking Vs IIFL Securities - GST
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
9Star Broking Vs IIFL Securities - SEBI Charges
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
9Star Broking Vs IIFL Securities - Account Opening & AMC Charges
9Star Broking
IIFL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Rs. 300 + Taxes for Individual (Yearly) Rs. 600 + Taxes for Non-Individual and Others (Yearly)
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
N/A
₹0 (Free)
9Star Broking Vs IIFL Securities
| 9Star Broking | IIFL Securities | |
|---|---|---|
9Star Broking Account Opening Charges and Process 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 .. |
|
|
|
|
|
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.
9Star Broking Vs IIFL Securities - Brokerage charges & Plans
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | 0.04% | ₹20/ Order |
| Equity Delivery | 0.35% | ₹20/ Order |
| Equity Options | 0.05% or upto ₹20 | ₹20/ Order |
| Commodity Options | NA | ₹20/ Order |
| Equity Futures | 0.04% | ₹20/ Order |
| Currency Options | Rs.20 per Lot | ₹20/ Order |
| Fixed Charges | 0.04% | ₹20/ Order |
| Equity Intraday | 0.04% | ₹20/ Order |
| Call Back Open Account |
9Star Broking Vs IIFL Securities - Margin (Exposure)
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 4x (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 the 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 (0% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
9Star Broking Vs IIFL Securities - Other Charges
| 9Star Broking | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 per order | ₹0 (Free) |
| Other Brokerage Charges | 0.04% | ₹20/ Order |
| Minimum Brokerage | 0.04% | ₹20/ Order |
9Star Broking Vs IIFL Securities - STT/CTT
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.01% on the sell side | 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 the sell side | 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 | 0.01% on the sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on the sell side | 0.05% on Sell Side |
9Star Broking Vs IIFL Securities - Demat transaction charges
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 per request | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
9Star Broking Vs IIFL Securities - GST
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
9Star Broking Vs IIFL Securities - SEBI Charges
| 9Star Broking | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
9Star Broking Vs IIFL Securities - Features
| 9Star Broking | 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 4:20 PM | Commodity:- 11:15 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. 9Star Trader, 2. 9 Star Connect, 3. 9 Star Backoffice, 4.9 Star Wealth | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|