IIFL Securities Vs Edelweiss
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.
Edelweiss
Edelwiess is a full service Broker. Edelwiess 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.
IIFL Securities Vs Edelweiss - Broker Details
| IIFL Securities | Edelweiss | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 2000+ | 475+ |
| Brokerage | ₹20/ Order | Lite:- ₹10/Order | Elite:- 0.030% |
| Broker Type | Full Service Broker | Full Service Broker |
IIFL Securities Vs Edelweiss - Account Opening & AMC Charges
| IIFL Securities | Edelweiss | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards | Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 2nd year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
IIFL Securities Vs Edelweiss - Brokerage charges & Plans
| IIFL Securities | Edelweiss | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | Lite:- ₹10/Order | Elite:- 0.020% |
| Equity Delivery | ₹20/ Order | Lite:- ₹10/Order | Elite:- 0.300% |
| Equity Options | ₹20/ Order | Lite:- ₹10/Order | Elite:- ₹75/Lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | Lite:- ₹10/Order | Elite:- 0.030% |
| Currency Options | ₹20/ Order | Lite:- ₹10/Order | Elite:- ₹20/Lot |
| Fixed Charges | ₹20/ Order | ₹10/Order |
| Equity Intraday | ₹20/ Order | Lite:- ₹10/Order | Elite:- 0.030% |
IIFL Securities Vs Edelweiss - Other Charges
| IIFL Securities | Edelweiss | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | - |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order | Lite:- ₹10/Order | Elite:- 0.030% |
| Minimum Brokerage | ₹20/ Order | Lite:- ₹10/Order |
IIFL Securities Vs Edelweiss - Transaction Charges
| IIFL Securities | Edelweiss | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE: ₹4000/Cr (0.04%) | BSE: NA |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: ₹190/ Cr (0.0019%) | BSE: ₹190/ Cr (0.0019%) (Each 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: ₹325/Cr (0.00325%) | BSE: ₹275/Cr (0.00275%) (Each side) |
| Equity Options | NSE: 0.053% on Premium value | NSE: ₹5000/Cr (0.05%) | BSE: ₹5000/Cr (0.05%) (Each side) |
| 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 | NSE:- NA | BSE:- NA |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE: ₹115/Cr (0.00115%) | BSE: ₹115/Cr (0.00115%) (Each side) |
| 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: ₹325/Cr (0.00325%) | BSE: ₹275/Cr (0.00275%) (Each side) |
IIFL Securities Vs Edelweiss - Margin (Exposure)
| IIFL Securities | Edelweiss | |
|---|---|---|
| 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) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| 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) |
IIFL Securities Vs Edelweiss - Features
| IIFL Securities | Edelweiss | |
|---|---|---|
| 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 & F&O:- 3:10 PM | Currency: 4:30PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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IIFL Securities Vs Edelweiss - Review & Rating
| IIFL Securities | Edelweiss | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
IIFL Securities Vs Edelweiss - Request a call back from Broker
| IIFL Securities | Edelweiss | |
|---|---|---|
IIFL Securities Vs Edelweiss - Investment Options
| IIFL Securities | Edelweiss | |
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| 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 Edelweiss - Order Type
| IIFL Securities | Edelweiss | |
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| 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 Edelweiss - Research & Report
| IIFL Securities | Edelweiss | |
|---|---|---|
| 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 Edelweiss - Daily Market Report
| IIFL Securities | Edelweiss | |
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| Daily Market Reports & News |
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IIFL Securities Vs Edelweiss - Suitable For Investor
| IIFL Securities | Edelweiss | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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IIFL Securities Vs Edelweiss - Pros & Cons
| IIFL Securities | Edelweiss | |
|---|---|---|
| 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. It is a full-service broker that offers various discount brokerage plan. 2. It provides the flat ₹10 per executed order brokerage across all trading segments. 3. It avails the customers with the free research, trading tips and recommendations. 4. It provides an instant paperless online account opening facility. 5. It provides excellent trading software that work smoothly on mobile and desktop. 6. It provides various online IPO investment services. 7. It provides high leverage facilities across the cash, F&O and the CDS segments. 8. It provides relationship managers and various add-on services such as PMS to its customers. |
| 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.Customer service is not upto the mark, 2. It charges a high minimum brokerage as 3 paisa per share in delivery and 1 paisa per share on the Intraday and Futures. 3. It avails its customers with Call and Trade at an additional cost of ₹20 per call. 4. It charges ₹50 per month for the research calls and trading tips. |
IIFL Securities Vs Edelweiss - Background
| IIFL Securities | Edelweiss | |
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IIFL Securities Vs Edelweiss - Compare All Brokers
| IIFL Securities | Edelweiss | |
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IIFL Securities Vs Edelweiss - STT/CTT
| IIFL Securities | Edelweiss | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | N/A |
IIFL Securities Vs Edelweiss - Demat transaction charges
| IIFL Securities | Edelweiss | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals |
IIFL Securities Vs Edelweiss - GST
| IIFL Securities | Edelweiss | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
IIFL Securities Vs Edelweiss - SEBI Charges
| IIFL Securities | Edelweiss | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
IIFL Securities Vs Edelweiss - Account Opening & AMC Charges
IIFL Securities
Edelweiss
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 2nd year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
IIFL Securities Vs Edelweiss
| IIFL Securities | Edelweiss | |
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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 "+ Edelweiss |
Edelweiss Review | Brokerage Charges, Account OpeningEdelweiss trading limited is a full-service stock broker that was incorporated in the year 2008. It is Mumbai-based full-service stock-broking firm. Edelweiss online share trading is the part of renowned Edelweiss Group which was incorporated in 1995 and is a leading diversified financial service company. Ed .. |
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Edelweiss
Edelwiess is a full service Broker. Edelwiess 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.
IIFL Securities Vs Edelweiss - Brokerage charges & Plans
| IIFL Securities | Edelweiss | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | Lite:- ₹10/Order | Elite:- 0.020% |
| Equity Delivery | ₹20/ Order | Lite:- ₹10/Order | Elite:- 0.300% |
| Equity Options | ₹20/ Order | Lite:- ₹10/Order | Elite:- ₹75/Lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | Lite:- ₹10/Order | Elite:- 0.030% |
| Currency Options | ₹20/ Order | Lite:- ₹10/Order | Elite:- ₹20/Lot |
| Fixed Charges | ₹20/ Order | ₹10/Order |
| Equity Intraday | ₹20/ Order | Lite:- ₹10/Order | Elite:- 0.030% |
| Call Back Open Account |
IIFL Securities Vs Edelweiss - Margin (Exposure)
| IIFL Securities | Edelweiss | |
|---|---|---|
| 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) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| 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 |
IIFL Securities Vs Edelweiss - Other Charges
| IIFL Securities | Edelweiss | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | - |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order | Lite:- ₹10/Order | Elite:- 0.030% |
| Minimum Brokerage | ₹20/ Order | Lite:- ₹10/Order |
IIFL Securities Vs Edelweiss - STT/CTT
| IIFL Securities | Edelweiss | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | N/A |
IIFL Securities Vs Edelweiss - Demat transaction charges
| IIFL Securities | Edelweiss | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals |
IIFL Securities Vs Edelweiss - GST
| IIFL Securities | Edelweiss | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
IIFL Securities Vs Edelweiss - SEBI Charges
| IIFL Securities | Edelweiss | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
IIFL Securities Vs Edelweiss - Features
| IIFL Securities | Edelweiss | |
|---|---|---|
| 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 |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:10 PM | Currency: 4:30PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |