IIFL Securities Vs DPTradeKing
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.
DPTradeKing
DPTradeking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Zebu Trade also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.
IIFL Securities Vs DPTradeKing - Broker Details
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2016 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 2000+ | N/A |
| Brokerage | ₹20/ Order | 0.05% per order |
| Broker Type | Full Service Broker | Full Service Broker |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Account Opening & AMC Charges
| IIFL Securities | DPTradeKing | |
|---|---|---|
| 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 | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Brokerage charges & Plans
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | 0.05% per order |
| Equity Delivery | ₹20/ Order | 0.50% per order |
| Equity Options | ₹20/ Order | ₹50 per lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | 0.05% per order |
| Currency Options | ₹20/ Order | ₹50 per lot |
| Fixed Charges | ₹20/ Order | 0.05% per order |
| Equity Intraday | ₹20/ Order | 0.05% per order |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Other Charges
| IIFL Securities | DPTradeKing | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ( ₹25 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ( ₹25 + GST) |
| Other Brokerage Charges | ₹20/ Order | 0.05% per order |
| Minimum Brokerage | ₹20/ Order | 0.05% per order |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Transaction Charges
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | 0.035% of Premium Value in case of Option Segment |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% |
| 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% | 0.00345% Of Total Turnover value |
| Equity Options | NSE: 0.053% on Premium value | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% |
| 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% | 0.00090% of Total Future Turnover value |
| 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: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Margin (Exposure)
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Features
| IIFL Securities | DPTradeKing | |
|---|---|---|
| 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Review & Rating
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Request a call back from Broker
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Investment Options
| IIFL Securities | DPTradeKing | |
|---|---|---|
| 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 |
IIFL Securities Vs DPTradeKing - Order Type
| IIFL Securities | DPTradeKing | |
|---|---|---|
| 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 |
IIFL Securities Vs DPTradeKing - Research & Report
| IIFL Securities | DPTradeKing | |
|---|---|---|
| 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 |
IIFL Securities Vs DPTradeKing - Daily Market Report
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Suitable For Investor
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Pros & Cons
| IIFL Securities | DPTradeKing | |
|---|---|---|
| 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.Benefits of using DP TradeKing 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4.Positive aspects of DP TradeKing 5. Availability of multiple indicators to monitor market. |
| 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.Downsides of using DP TradeKing 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Background
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Compare All Brokers
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - STT/CTT
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on sell trade (Non-Agri) |
| 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 | 0.05% on sell trade |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Demat transaction charges
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - GST
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - SEBI Charges
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Account Opening & AMC Charges
IIFL Securities
DPTradeKing
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
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
IIFL Securities Vs DPTradeKing
| IIFL Securities | DPTradeKing | |
|---|---|---|
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 "+ DPTradeKing |
DPTradeKing Account Opening Process and Charges Details |
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DPTradeKing
DPTradeking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Zebu Trade also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.
IIFL Securities Vs DPTradeKing - Brokerage charges & Plans
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | 0.05% per order |
| Equity Delivery | ₹20/ Order | 0.50% per order |
| Equity Options | ₹20/ Order | ₹50 per lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | 0.05% per order |
| Currency Options | ₹20/ Order | ₹50 per lot |
| Fixed Charges | ₹20/ Order | 0.05% per order |
| Equity Intraday | ₹20/ Order | 0.05% per order |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Margin (Exposure)
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Other Charges
| IIFL Securities | DPTradeKing | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ( ₹25 + GST) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ( ₹25 + GST) |
| Other Brokerage Charges | ₹20/ Order | 0.05% per order |
| Minimum Brokerage | ₹20/ Order | 0.05% per order |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - STT/CTT
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on sell trade (Non-Agri) |
| 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 | 0.05% on sell trade |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Demat transaction charges
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - GST
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - SEBI Charges
| IIFL Securities | DPTradeKing | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
IIFL Securities Vs DPTradeKing - Features
| IIFL Securities | DPTradeKing | |
|---|---|---|
| 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |