Edelweiss Vs IIFL Securities
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
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 Vs IIFL Securities - Broker Details
Edelweiss | IIFL Securities | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 1995 | 1995 |
Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
Branches | 475+ | 2000+ |
Brokerage | Lite:- ₹10/Order | Elite:- 0.030% | ₹20/ Order |
Broker Type | Full Service Broker | Full Service Broker |
Call Back Open Account |
Edelweiss Vs IIFL Securities - Account Opening & AMC Charges
Edelweiss | IIFL Securities | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | Lite:- ₹300 + tax | Elite:- ₹500 + tax ( 2nd year onwards) | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Call Back Open Account |
Edelweiss Vs IIFL Securities - Brokerage charges & Plans
Edelweiss | IIFL Securities | |
---|---|---|
Commodity Futures | N/A | ₹20/ Order |
Currency Futures | Lite:- ₹10/Order | Elite:- 0.020% | ₹20/ Order |
Equity Delivery | Lite:- ₹10/Order | Elite:- 0.300% | ₹20/ Order |
Equity Options | Lite:- ₹10/Order | Elite:- ₹75/Lot | ₹20/ Order |
Commodity Options | N/A | ₹20/ Order |
Equity Futures | Lite:- ₹10/Order | Elite:- 0.030% | ₹20/ Order |
Currency Options | Lite:- ₹10/Order | Elite:- ₹20/Lot | ₹20/ Order |
Fixed Charges | ₹10/Order | ₹20/ Order |
Equity Intraday | Lite:- ₹10/Order | Elite:- 0.030% | ₹20/ Order |
Call Back Open Account |
Edelweiss Vs IIFL Securities - Other Charges
Edelweiss | IIFL Securities | |
---|---|---|
RMS Square Off Charge | - | ₹50/ Order |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
Other Brokerage Charges | Lite:- ₹10/Order | Elite:- 0.030% | ₹20/ Order |
Minimum Brokerage | Lite:- ₹10/Order | ₹20/ Order |
Call Back Open Account |
Edelweiss Vs IIFL Securities - Transaction Charges
Edelweiss | IIFL Securities | |
---|---|---|
Currency Options | NSE: ₹4000/Cr (0.04%) | BSE: NA | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
Equity Futures | NSE: ₹190/ Cr (0.0019%) | BSE: ₹190/ Cr (0.0019%) (Each side) | NSE: 0.00195% on Total Turnover value |
Equity Intraday | NSE: ₹325/Cr (0.00325%) | BSE: ₹275/Cr (0.00275%) (Each side) | 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: ₹5000/Cr (0.05%) | BSE: ₹5000/Cr (0.05%) (Each side) | NSE: 0.053% on Premium value |
Commodity | NSE:- NA | BSE:- NA | 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: ₹115/Cr (0.00115%) | BSE: ₹115/Cr (0.00115%) (Each side) | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
Equity Delivery | NSE: ₹325/Cr (0.00325%) | BSE: ₹275/Cr (0.00275%) (Each side) | 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 |
Edelweiss Vs IIFL Securities - Margin (Exposure)
Edelweiss | 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 | N/A | 1x (100% of NRML margin (Span + Exposure) |
Commodity Futures | N/A | 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 |
Edelweiss Vs IIFL Securities - Features
Edelweiss | 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:- 3:10 PM | Currency: 4:30PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
Trading Platform | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |
Edelweiss Vs IIFL Securities - Review & Rating
Edelweiss | IIFL Securities | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
Edelweiss Vs IIFL Securities - Request a call back from Broker
Edelweiss | IIFL Securities | |
---|---|---|
Call Back Open Account |
Edelweiss Vs IIFL Securities - Investment Options
Edelweiss | IIFL Securities | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
Edelweiss Vs IIFL Securities - Order Type
Edelweiss | 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 |
Edelweiss Vs IIFL Securities - Research & Report
Edelweiss | IIFL Securities | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
Edelweiss Vs IIFL Securities - Daily Market Report
Edelweiss | IIFL Securities | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
Edelweiss Vs IIFL Securities - Suitable For Investor
Edelweiss | IIFL Securities | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
Edelweiss Vs IIFL Securities - Pros & Cons
Edelweiss | IIFL Securities | |
---|---|---|
Pros | 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. | 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.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. | 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 |
Edelweiss Vs IIFL Securities - Background
Edelweiss | IIFL Securities | |
---|---|---|
Call Back Open Account |
Edelweiss Vs IIFL Securities - Compare All Brokers
Edelweiss | IIFL Securities | |
---|---|---|
Call Back Open Account |
Edelweiss Vs IIFL Securities - STT/CTT
Edelweiss | IIFL Securities | |
---|---|---|
Commodity Futures | N/A | 0.01% on Sell Side Non-Agri |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% only on sell | 0.025% on Sell |
Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
Equity Futures | 0.01% only on sell | 0.01 % on Sell |
Commodity Options | N/A | 0.05% on Sell Side |
Call Back Open Account |
Edelweiss Vs IIFL Securities - Demat transaction charges
Edelweiss | IIFL Securities | |
---|---|---|
Equity Demat Transaction Charges | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Call Back Open Account |
Edelweiss Vs IIFL Securities - GST
Edelweiss | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
Edelweiss Vs IIFL Securities - SEBI Charges
Edelweiss | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
Edelweiss Vs IIFL Securities - Account Opening & AMC Charges
Edelweiss Vs IIFL Securities
Edelweiss | IIFL Securities | |
---|---|---|
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 .. + " 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.
Edelweiss Vs IIFL Securities - Brokerage charges & Plans
Edelweiss | IIFL Securities | |
---|---|---|
Commodity Futures | N/A | ₹20/ Order |
Currency Futures | Lite:- ₹10/Order | Elite:- 0.020% | ₹20/ Order |
Equity Delivery | Lite:- ₹10/Order | Elite:- 0.300% | ₹20/ Order |
Equity Options | Lite:- ₹10/Order | Elite:- ₹75/Lot | ₹20/ Order |
Commodity Options | N/A | ₹20/ Order |
Equity Futures | Lite:- ₹10/Order | Elite:- 0.030% | ₹20/ Order |
Currency Options | Lite:- ₹10/Order | Elite:- ₹20/Lot | ₹20/ Order |
Fixed Charges | ₹10/Order | ₹20/ Order |
Equity Intraday | Lite:- ₹10/Order | Elite:- 0.030% | ₹20/ Order |
Call Back Open Account |
Edelweiss Vs IIFL Securities - Margin (Exposure)
Edelweiss | 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 | N/A | 1x (100% of NRML margin (Span + Exposure) |
Commodity Futures | N/A | 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 |
Edelweiss Vs IIFL Securities - Other Charges
Edelweiss | IIFL Securities | |
---|---|---|
RMS Square Off Charge | - | ₹50/ Order |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹20/ Order | ₹0 (Free) |
Other Brokerage Charges | Lite:- ₹10/Order | Elite:- 0.030% | ₹20/ Order |
Minimum Brokerage | Lite:- ₹10/Order | ₹20/ Order |
Edelweiss Vs IIFL Securities - STT/CTT
Edelweiss | IIFL Securities | |
---|---|---|
Commodity Futures | N/A | 0.01% on Sell Side Non-Agri |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% only on sell | 0.025% on Sell |
Equity Options | 0.05% only on sell | 0.05% on Sell (on Premium) |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & Sell |
Equity Futures | 0.01% only on sell | 0.01 % on Sell |
Commodity Options | N/A | 0.05% on Sell Side |
Edelweiss Vs IIFL Securities - Demat transaction charges
Edelweiss | IIFL Securities | |
---|---|---|
Equity Demat Transaction Charges | ₹50 /- Service Charges (Per Instruction) + courier /postage charges at actuals | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Edelweiss Vs IIFL Securities - GST
Edelweiss | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Edelweiss Vs IIFL Securities - SEBI Charges
Edelweiss | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Edelweiss Vs IIFL Securities - Features
Edelweiss | 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:- 3:10 PM | Currency: 4:30PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
Trading Platform | • Edelweiss Xpress • Edelweiss Login • Edelweiss Xtreme Trader • Edelweiss Mobile Trader | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |