Vramath Financial Vs IIFL Securities
Vramath Financial
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.
Vramath Financial Vs IIFL Securities - Broker Details
Vramath Financial | IIFL Securities | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2012 | 1995 |
Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
Branches | N/A | 2000+ |
Brokerage | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Broker Type | Discount Broker | Full Service Broker |
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Account Opening & AMC Charges
Vramath Financial | IIFL Securities | |
---|---|---|
Trading Account Opening Charge | Platinum -₹200 (online) ₹400 (offline) | Diamond - ₹200 (online) ₹400 (offline) | Regular - ₹200 (online) ₹400 (offline) | BSDA - ₹200 (online)₹400 (offline) | ₹0 (Free) |
Demat Account Opening Charge | Platinum - ₹0 (Free) | Diamond - ₹0 (Free) | Regular - ₹0 (Free) | BSDA - ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | Platinum -Free for life Time | Diamond - Free for 10 years | Regular - Individual - 5,00/- Non-Individual - 1,000/ | BSDA - 1. ₹0, If the value of the holding is up to 50,000. 2. ₹100 up to the value of holding between 50,000 - 2 lakhs. | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
Trading Account AMC | NA | ₹0 (Free) |
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Brokerage charges & Plans
Vramath Financial | IIFL Securities | |
---|---|---|
Commodity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Currency Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Equity Delivery | 0.50% - 0.65% | ₹20/ Order |
Equity Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹20/ Order |
Commodity Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹20/ Order |
Equity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Currency Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹20/ Order |
Fixed Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Equity Intraday | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Other Charges
Vramath Financial | IIFL Securities | |
---|---|---|
RMS Square Off Charge | 0.02% for buying and 0.02% for selling (Highly Competitive). | ₹50/ Order |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | Rs. 50/- flat for buying and Rs.50/ flat for selling (Highly Competitive) per lot. | ₹0 (Free) |
Other Brokerage Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Minimum Brokerage | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Transaction Charges
Vramath Financial | IIFL Securities | |
---|---|---|
Currency Options | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% | 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: 0.00325% | 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% |
Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% (on premium) | NSE: 0.053% on Premium value |
Commodity | Exchange txn charge: 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 – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 0.00022% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
Equity Delivery | NSE: 0.00325% | BSE: 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% |
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Margin (Exposure)
Vramath Financial | 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) |
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Features
Vramath Financial | 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 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
Trading Platform | 1. Clicq Nd Trade Web Portal, | 2. Vramath Clicq Nd Trade Pro App | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Review & Rating
Vramath Financial | IIFL Securities | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Request a call back from Broker
Vramath Financial | IIFL Securities | |
---|---|---|
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Investment Options
Vramath Financial | IIFL Securities | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Order Type
Vramath Financial | 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 |
Vramath Financial Vs IIFL Securities - Research & Report
Vramath Financial | IIFL Securities | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Daily Market Report
Vramath Financial | IIFL Securities | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Suitable For Investor
Vramath Financial | IIFL Securities | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Pros & Cons
Vramath Financial | IIFL Securities | |
---|---|---|
Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4. Vramath Financial facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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. Brokerage charges are high as compared to discount brokers. 2. Limited control over market fluctuations 3. Complexity of investment options. 4. Risk of market volatility. | 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 |
Vramath Financial Vs IIFL Securities - Background
Vramath Financial | IIFL Securities | |
---|---|---|
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Compare All Brokers
Vramath Financial | IIFL Securities | |
---|---|---|
Call Back Open Account |
Vramath Financial Vs IIFL Securities - STT/CTT
Vramath Financial | IIFL Securities | |
---|---|---|
Commodity Futures | 0.05% on sell side | 0.01% on Sell Side Non-Agri |
Currency Futures | No STT | No STT |
Equity Intraday | 0.1% on buy & sell | 0.025% on Sell |
Equity Options | 0.0625% 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 | 0.0125% on sell side | 0.01 % on Sell |
Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Demat transaction charges
Vramath Financial | IIFL Securities | |
---|---|---|
Equity Demat Transaction Charges | Minimum `10/- per instruction or 0.01% per Scrip whichever is higher. | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Call Back Open Account |
Vramath Financial Vs IIFL Securities - GST
Vramath Financial | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
Vramath Financial Vs IIFL Securities - SEBI Charges
Vramath Financial | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Account Opening & AMC Charges
Vramath Financial Vs IIFL Securities
Vramath Financial | IIFL Securities | |
---|---|---|
Vramath Financial Review |
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.
Vramath Financial Vs IIFL Securities - Brokerage charges & Plans
Vramath Financial | IIFL Securities | |
---|---|---|
Commodity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Currency Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Equity Delivery | 0.50% - 0.65% | ₹20/ Order |
Equity Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹20/ Order |
Commodity Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹20/ Order |
Equity Futures | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Currency Options | ₹20 flat for buying and ₹20 flat for selling per lot | ₹20/ Order |
Fixed Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Equity Intraday | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Margin (Exposure)
Vramath Financial | 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) |
Call Back Open Account |
Vramath Financial Vs IIFL Securities - Other Charges
Vramath Financial | IIFL Securities | |
---|---|---|
RMS Square Off Charge | 0.02% for buying and 0.02% for selling (Highly Competitive). | ₹50/ Order |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | Rs. 50/- flat for buying and Rs.50/ flat for selling (Highly Competitive) per lot. | ₹0 (Free) |
Other Brokerage Charges | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Minimum Brokerage | 50% Stocks (As per NSE calculation) 50% Cash (As per NSE calculation) | ₹20/ Order |
Vramath Financial Vs IIFL Securities - STT/CTT
Vramath Financial | IIFL Securities | |
---|---|---|
Commodity Futures | 0.05% on sell side | 0.01% on Sell Side Non-Agri |
Currency Futures | No STT | No STT |
Equity Intraday | 0.1% on buy & sell | 0.025% on Sell |
Equity Options | 0.0625% 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 | 0.0125% on sell side | 0.01 % on Sell |
Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Vramath Financial Vs IIFL Securities - Demat transaction charges
Vramath Financial | IIFL Securities | |
---|---|---|
Equity Demat Transaction Charges | Minimum `10/- per instruction or 0.01% per Scrip whichever is higher. | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Vramath Financial Vs IIFL Securities - GST
Vramath Financial | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Vramath Financial Vs IIFL Securities - SEBI Charges
Vramath Financial | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Vramath Financial Vs IIFL Securities - Features
Vramath Financial | 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 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
Trading Platform | 1. Clicq Nd Trade Web Portal, | 2. Vramath Clicq Nd Trade Pro App | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |