IIFL Securities Vs Sushil Finance
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.
Sushil Finance
Sushil Finance 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 Sushil Finance - Broker Details
| IIFL Securities | Sushil Finance | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1982 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 2000+ | 367 |
| Brokerage | ₹20/ Order | 0.03% |
| Broker Type | Full Service Broker | Full Service Broker |
IIFL Securities Vs Sushil Finance - Account Opening & AMC Charges
| IIFL Securities | Sushil Finance | |
|---|---|---|
| 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 | ₹300 + GST per year |
| Trading Account AMC | ₹0 (Free) | NA |
IIFL Securities Vs Sushil Finance - Brokerage charges & Plans
| IIFL Securities | Sushil Finance | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | 0.03% |
| Equity Delivery | ₹20/ Order | 0.35% |
| Equity Options | ₹20/ Order | ₹60 per lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | 0.03% |
| Currency Options | ₹20/ Order | ₹60 per lot |
| Fixed Charges | ₹20/ Order | 0.03% |
| Equity Intraday | ₹20/ Order | 0.03% |
IIFL Securities Vs Sushil Finance - Other Charges
| IIFL Securities | Sushil Finance | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order | 0.03% |
| Minimum Brokerage | ₹20/ Order | 0.03% |
IIFL Securities Vs Sushil Finance - Transaction Charges
| IIFL Securities | Sushil Finance | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE:5050 Per Cr | BSE:3700 Per Cr |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE:200 Per Cr | BSE:FREE |
| 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:335 Per Cr | BSE:375 Per Cr |
| Equity Options | NSE: 0.053% on Premium value | NSE:5050 Per Cr | BSE:3700 Per Cr |
| 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 | N/A |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE:200 Per Cr | BSE:FREE |
| 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:335 Per Cr | BSE:375 Per Cr |
IIFL Securities Vs Sushil Finance - Margin (Exposure)
| IIFL Securities | Sushil Finance | |
|---|---|---|
| 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 (no margin) |
| 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 Sushil Finance - Features
| IIFL Securities | Sushil Finance | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:15 PM | Commodities: 11:25 PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1. Sushil Connect mobile app, 2. Sushil MF mutual fund app, 3. Swift Web Platform, 4. Sushil Finance Power Trade, 5. Savshare mobile trading app |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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IIFL Securities Vs Sushil Finance - Review & Rating
| IIFL Securities | Sushil Finance | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
IIFL Securities Vs Sushil Finance - Request a call back from Broker
| IIFL Securities | Sushil Finance | |
|---|---|---|
IIFL Securities Vs Sushil Finance - Investment Options
| IIFL Securities | Sushil Finance | |
|---|---|---|
| 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 Sushil Finance - Order Type
| IIFL Securities | Sushil Finance | |
|---|---|---|
| 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 Sushil Finance - Research & Report
| IIFL Securities | Sushil Finance | |
|---|---|---|
| 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 Sushil Finance - Daily Market Report
| IIFL Securities | Sushil Finance | |
|---|---|---|
| Daily Market Reports & News |
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IIFL Securities Vs Sushil Finance - Suitable For Investor
| IIFL Securities | Sushil Finance | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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IIFL Securities Vs Sushil Finance - Pros & Cons
| IIFL Securities | Sushil Finance | |
|---|---|---|
| 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. Sushil Finance might offer a wide range of investment 2.Real-time market data and analysis tools. 3. It provides education facility to its customers. 4. It avails its customers with refer and earn program. 5. Effective customer support 6. Market and historical data available. |
| 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. Nonavailability of 3-in-1 account 2.Limited trading tools and advanced features. 3. Sushil Finance charges high fees for their services 4. Higher minimum deposit requirements. 5. The call and trade are present at an additional fee. |
IIFL Securities Vs Sushil Finance - Background
| IIFL Securities | Sushil Finance | |
|---|---|---|
IIFL Securities Vs Sushil Finance - Compare All Brokers
| IIFL Securities | Sushil Finance | |
|---|---|---|
IIFL Securities Vs Sushil Finance - STT/CTT
| IIFL Securities | Sushil Finance | |
|---|---|---|
| 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
IIFL Securities Vs Sushil Finance - Demat transaction charges
| IIFL Securities | Sushil Finance | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹20 + Gst per scrip only on sell |
IIFL Securities Vs Sushil Finance - GST
| IIFL Securities | Sushil Finance | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
IIFL Securities Vs Sushil Finance - SEBI Charges
| IIFL Securities | Sushil Finance | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
IIFL Securities Vs Sushil Finance - Account Opening & AMC Charges
IIFL Securities
Sushil Finance
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
₹300 + GST per year
Trading Account AMC
₹0 (Free)
NA
IIFL Securities Vs Sushil Finance
| IIFL Securities | Sushil Finance | |
|---|---|---|
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 "+ Sushil Finance |
Sushil Finance Account Opening Charges and Required Documents Details |
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Sushil Finance
Sushil Finance 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 Sushil Finance - Brokerage charges & Plans
| IIFL Securities | Sushil Finance | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | 0.03% |
| Equity Delivery | ₹20/ Order | 0.35% |
| Equity Options | ₹20/ Order | ₹60 per lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | 0.03% |
| Currency Options | ₹20/ Order | ₹60 per lot |
| Fixed Charges | ₹20/ Order | 0.03% |
| Equity Intraday | ₹20/ Order | 0.03% |
| Call Back Open Account |
IIFL Securities Vs Sushil Finance - Margin (Exposure)
| IIFL Securities | Sushil Finance | |
|---|---|---|
| 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 (no margin) |
| 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 Sushil Finance - Other Charges
| IIFL Securities | Sushil Finance | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order | 0.03% |
| Minimum Brokerage | ₹20/ Order | 0.03% |
IIFL Securities Vs Sushil Finance - STT/CTT
| IIFL Securities | Sushil Finance | |
|---|---|---|
| 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
IIFL Securities Vs Sushil Finance - Demat transaction charges
| IIFL Securities | Sushil Finance | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹20 + Gst per scrip only on sell |
IIFL Securities Vs Sushil Finance - GST
| IIFL Securities | Sushil Finance | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
IIFL Securities Vs Sushil Finance - SEBI Charges
| IIFL Securities | Sushil Finance | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
IIFL Securities Vs Sushil Finance - Features
| IIFL Securities | Sushil Finance | |
|---|---|---|
| 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 & F&O:- 3:20pm | Currency: 4:15 PM | Commodities: 11:25 PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1. Sushil Connect mobile app, 2. Sushil MF mutual fund app, 3. Swift Web Platform, 4. Sushil Finance Power Trade, 5. Savshare mobile trading app |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |