Bajaj Finserve Vs IIFL Securities
Bajaj Finserve
Bajaj Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, We can also review JustTrade.in Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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.
Bajaj Finserve Vs IIFL Securities - Broker Details
Bajaj Finserve | IIFL Securities | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2007 | 1995 |
Exchanges | NSE, BSE | NSE, BSE, MCX and NCDEX |
Branches | 294+ | 2000+ |
Brokerage | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
Broker Type | Full Service Broker | Full Service Broker |
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Account Opening & AMC Charges
Bajaj Finserve | IIFL Securities | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹199- (2nd Year Onwards) | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
Trading Account AMC | ₹899- per annum | ₹0 (Free) |
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Brokerage charges & Plans
Bajaj Finserve | IIFL Securities | |
---|---|---|
Commodity Futures | N/A | ₹20/ Order |
Currency Futures | N/A | ₹20/ Order |
Equity Delivery | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
Equity Options | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
Commodity Options | N/A | ₹20/ Order |
Equity Futures | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
Currency Options | N/A | ₹20/ Order |
Fixed Charges | N/A | ₹20/ Order |
Equity Intraday | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Other Charges
Bajaj Finserve | IIFL Securities | |
---|---|---|
RMS Square Off Charge | ₹20/ Order | ₹50/ Order |
API Charges | ₹0 (Free) | |
Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
Other Brokerage Charges | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Transaction Charges
Bajaj Finserve | IIFL Securities | |
---|---|---|
Currency Options | N/A | 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% | BSE:- Nil or 0.05% of trade value | Clearing Charges:- NSE and BSE:- 0.00025% | NSE: 0.00195% on Total Turnover value |
Equity Intraday | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil | 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) | BSE:- Nil or 0.05% of traded value | Clearing charges:- NSE or BSE:- 0.00025% | 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 | N/A | 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:- Charges vary as per the scrip group | Clearing charges:- Nil | 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% |
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Margin (Exposure)
Bajaj Finserve | 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) |
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Features
Bajaj Finserve | 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:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Review & Rating
Bajaj Finserve | IIFL Securities | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Request a call back from Broker
Bajaj Finserve | IIFL Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Investment Options
Bajaj Finserve | IIFL Securities | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Order Type
Bajaj Finserve | 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 | ||
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Research & Report
Bajaj Finserve | IIFL Securities | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Daily Market Report
Bajaj Finserve | IIFL Securities | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Suitable For Investor
Bajaj Finserve | IIFL Securities | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Pros & Cons
Bajaj Finserve | IIFL Securities | |
---|---|---|
Pros | 1.It charges low brokerage 2.Fast and safe fund transfer 3.Margin Trading Funding (MTF) is available 4. Bajaj Fiserv provide good customer service. | 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 equity delivery brokerage charges of ₹40/Order in the Freedom plan 2.Call & Trade is available at additional ₹20/ Order 3. Bajaj Finserv doesn't offer facilities to invest in Commodity and Currency trading. | 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. |
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Background
Bajaj Finserve | IIFL Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Compare All Brokers
Bajaj Finserve | IIFL Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - STT/CTT
Bajaj Finserve | 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 buy & 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 |
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Demat transaction charges
Bajaj Finserve | IIFL Securities | |
---|---|---|
Equity Demat Transaction Charges | ₹30 + GST per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - GST
Bajaj Finserve | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + CM Charges) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - SEBI Charges
Bajaj Finserve | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Account Opening & AMC Charges
Bajaj Finserve Vs IIFL Securities
Bajaj Finserve | IIFL Securities | |
---|---|---|
Just Trade Review | Brokerage Charges, Account OpeningJust Trade is the brand of the most trusted and one of the largest financial service provider of India ‘Bajaj Capital Limited’. Bajaj Capital Limited started its operation in 1965 and it was the first company who innovated the financial instrument ‘Fixed Deposit’ and later on included all UTI schemes and government saving schemes in .. + " 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.
Bajaj Finserve Vs IIFL Securities - Brokerage charges & Plans
Bajaj Finserve | IIFL Securities | |
---|---|---|
Commodity Futures | N/A | ₹20/ Order |
Currency Futures | N/A | ₹20/ Order |
Equity Delivery | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
Equity Options | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
Commodity Options | N/A | ₹20/ Order |
Equity Futures | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
Currency Options | N/A | ₹20/ Order |
Fixed Charges | N/A | ₹20/ Order |
Equity Intraday | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Margin (Exposure)
Bajaj Finserve | 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) |
Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Other Charges
Bajaj Finserve | IIFL Securities | |
---|---|---|
RMS Square Off Charge | ₹20/ Order | ₹50/ Order |
API Charges | ₹0 (Free) | |
Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
Other Brokerage Charges | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - STT/CTT
Bajaj Finserve | 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 buy & 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 |
Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Demat transaction charges
Bajaj Finserve | IIFL Securities | |
---|---|---|
Equity Demat Transaction Charges | ₹30 + GST per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - GST
Bajaj Finserve | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + CM Charges) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - SEBI Charges
Bajaj Finserve | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
Bajaj Finserve Vs IIFL Securities - Features
Bajaj Finserve | 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:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |