Paterson Securities Vs IIFL Securities
Paterson Securities
Paterson Securities 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.
Paterson Securities Vs IIFL Securities - Broker Details
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1935 | 1995 |
| Exchanges | NSE, BSE | NSE, BSE, MCX and NCDEX |
| Branches | 25 | 2000+ |
| Brokerage | 0.05% (minimum) | ₹20/ Order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Account Opening & AMC Charges
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Rs. 400 + GST per annum | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | NA | ₹0 (Free) |
| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Brokerage charges & Plans
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | 0.05% (minimum) | ₹20/ Order |
| Equity Delivery | 0.5% (minimum) | ₹20/ Order |
| Equity Options | 0.05% (minimum) | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | 0.05% (minimum) | ₹20/ Order |
| Currency Options | 0.05% (minimum) | ₹20/ Order |
| Fixed Charges | 0.05% (minimum) | ₹20/ Order |
| Equity Intraday | 0.05% (minimum) | ₹20/ Order |
| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Other Charges
| Paterson Securities | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | 0.05% (minimum) | ₹20/ Order |
| Minimum Brokerage | 0.05% (minimum) | ₹20/ Order |
| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Transaction Charges
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Currency Options | BSE: 0.001% | NSE: 0.035% | 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% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | BSE: 0.00345% | NSE: 0.00345% | 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% | NSE: 0.053% on Premium value |
| Commodity | Commodity Futures - 0.0026% Commodity Options - 0.05% | 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 | NSE: 0.0009% | BSE: 0.00022% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | BSE: 0.00345% | NSE: 0.00345% | 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 |
Paterson Securities Vs IIFL Securities - Margin (Exposure)
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 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 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 (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Features
| Paterson Securities | IIFL Securities | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Paterson Bolt+ Now Desktop Software, 2. Paterson Web Portal, 3. Paterson Mobile App, 4. Paterson MF app, 5. Paterson Back Office (BO) app | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Review & Rating
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Request a call back from Broker
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Investment Options
| Paterson Securities | IIFL Securities | |
|---|---|---|
| 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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| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Order Type
| Paterson Securities | IIFL Securities | |
|---|---|---|
| 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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| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Research & Report
| Paterson Securities | IIFL Securities | |
|---|---|---|
| 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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| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Daily Market Report
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Suitable For Investor
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Pros & Cons
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Pros | 1. Experience and Expertise 2. Research and Analysis 3. Transparency and Integrity 4. Responsive Customer Service, 5. User-Friendly Trading Platform, 6. Customized Investment Solutions | 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. Limited Accessibility, 2. Lack of Personalized Investment Advice, 3. Restricted Access to Certain Markets or Investment Types, 4. Potential for Technical Glitches or Platform Outages | 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 |
Paterson Securities Vs IIFL Securities - Background
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Compare All Brokers
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Call Back Open Account |
Paterson Securities Vs IIFL Securities - STT/CTT
| Paterson Securities | 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 | 0.003% 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 | 0.002% on the sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on the sell side | 0.05% on Sell Side |
| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Demat transaction charges
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
| Call Back Open Account |
Paterson Securities Vs IIFL Securities - GST
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Paterson Securities Vs IIFL Securities - SEBI Charges
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Account Opening & AMC Charges
Paterson Securities
IIFL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Rs. 400 + GST per annum
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
NA
₹0 (Free)
Paterson Securities Vs IIFL Securities
| Paterson Securities | IIFL Securities | |
|---|---|---|
Paterson Securities Account Opening Process and Charges Detail |
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.
Paterson Securities Vs IIFL Securities - Brokerage charges & Plans
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | 0.05% (minimum) | ₹20/ Order |
| Equity Delivery | 0.5% (minimum) | ₹20/ Order |
| Equity Options | 0.05% (minimum) | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | 0.05% (minimum) | ₹20/ Order |
| Currency Options | 0.05% (minimum) | ₹20/ Order |
| Fixed Charges | 0.05% (minimum) | ₹20/ Order |
| Equity Intraday | 0.05% (minimum) | ₹20/ Order |
| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Margin (Exposure)
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 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 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 (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Paterson Securities Vs IIFL Securities - Other Charges
| Paterson Securities | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | 0.05% (minimum) | ₹20/ Order |
| Minimum Brokerage | 0.05% (minimum) | ₹20/ Order |
Paterson Securities Vs IIFL Securities - STT/CTT
| Paterson Securities | 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 | 0.003% 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 | 0.002% on the sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on the sell side | 0.05% on Sell Side |
Paterson Securities Vs IIFL Securities - Demat transaction charges
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Paterson Securities Vs IIFL Securities - GST
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Paterson Securities Vs IIFL Securities - SEBI Charges
| Paterson Securities | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Paterson Securities Vs IIFL Securities - Features
| Paterson Securities | 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 Cash: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Paterson Bolt+ Now Desktop Software, 2. Paterson Web Portal, 3. Paterson Mobile App, 4. Paterson MF app, 5. Paterson Back Office (BO) app | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |