IIFL Securities Vs Finvasia
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.
Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages
IIFL Securities Vs Finvasia - Broker Details
IIFL Securities | Finvasia | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 1995 | 2012 |
Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
Branches | 2000+ | Zero |
Brokerage | ₹20/ Order | ₹0 (Free) |
Broker Type | Full Service Broker | Discount Broker |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Account Opening & AMC Charges
IIFL Securities | Finvasia | |
---|---|---|
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 | Call Back Open Account |
IIFL Securities Vs Finvasia - Brokerage charges & Plans
IIFL Securities | Finvasia | |
---|---|---|
Commodity Futures | ₹20/ Order | ₹0 (Free) |
Currency Futures | ₹20/ Order | ₹0 (Free) |
Equity Delivery | ₹20/ Order | ₹0 (Free) |
Equity Options | ₹20/ Order | ₹0 (Free) |
Commodity Options | ₹20/ Order | ₹0 (Free) |
Equity Futures | ₹20/ Order | ₹0 (Free) |
Currency Options | ₹20/ Order | ₹0 (Free) |
Fixed Charges | ₹20/ Order | ₹0 (Free) |
Equity Intraday | ₹20/ Order | ₹0 (Free) |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Other Charges
IIFL Securities | Finvasia | |
---|---|---|
RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
Other Brokerage Charges | ₹20/ Order | ₹0 (Free) |
Minimum Brokerage | ₹20/ Order | ₹0 (Free) |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Transaction Charges
IIFL Securities | Finvasia | |
---|---|---|
Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | ₹4000/Cr of premium |
Equity Futures | NSE: 0.00195% on Total Turnover value | ₹325/Cr |
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% | ₹325/Cr |
Equity Options | NSE: 0.053% on Premium value | ₹5000/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 | ₹260/Cr |
Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | ₹115/Cr |
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% | ₹325/Cr |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Margin (Exposure)
IIFL Securities | Finvasia | |
---|---|---|
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 (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 | Call Back Open Account |
IIFL Securities Vs Finvasia - Features
IIFL Securities | Finvasia | |
---|---|---|
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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Review & Rating
IIFL Securities | Finvasia | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Request a call back from Broker
IIFL Securities | Finvasia | |
---|---|---|
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Investment Options
IIFL Securities | Finvasia | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Order Type
IIFL Securities | Finvasia | |
---|---|---|
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 | Call Back Open Account |
IIFL Securities Vs Finvasia - Research & Report
IIFL Securities | Finvasia | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Daily Market Report
IIFL Securities | Finvasia | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Suitable For Investor
IIFL Securities | Finvasia | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Pros & Cons
IIFL Securities | Finvasia | |
---|---|---|
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.They offer truly commission-free online trading. They don't charge any brokerage. Customer pay only taxes and monthly trading platform uses charges for few trading software's. 2. Trading and Demat Account opening is FREE. 3.Online Chat support is available on its website. 4.Online IPO Application is available with Finvasia. 5.Five minutes online paperless account opening is available through eKYC and AADHAAR ESign. |
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.Finvasia offers online do-it-yourself (DIY) stock trading faculty with minimum or no support from the broker. They are not suitable for beginners or casual investors. 2.Scalpter (trading website) has only 1 min charting frame. 3.Doesn't offer a 3-in-1 account. 4. Trading platforms like NEST and NOW are chargeable. |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Background
IIFL Securities | Finvasia | |
---|---|---|
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Compare All Brokers
IIFL Securities | Finvasia | |
---|---|---|
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - STT/CTT
IIFL Securities | Finvasia | |
---|---|---|
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 | 0.01% on Sell Side |
Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Demat transaction charges
IIFL Securities | Finvasia | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹9 + Gst per scrip only on sell |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - GST
IIFL Securities | Finvasia | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - SEBI Charges
IIFL Securities | Finvasia | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Account Opening & AMC Charges
IIFL Securities Vs Finvasia
IIFL Securities | Finvasia | |
---|---|---|
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 "+ Finvasia |
Finvasia Review | Brokerage Charges, Account Opening‘Simply Commission Free’ is a tagline of Finvasia which strongly believes that adding value & quality to the products & services will have more meaning in the future rather than charging brokerage. Finvasia financial services private limited .. |
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Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages
IIFL Securities Vs Finvasia - Brokerage charges & Plans
IIFL Securities | Finvasia | |
---|---|---|
Commodity Futures | ₹20/ Order | ₹0 (Free) |
Currency Futures | ₹20/ Order | ₹0 (Free) |
Equity Delivery | ₹20/ Order | ₹0 (Free) |
Equity Options | ₹20/ Order | ₹0 (Free) |
Commodity Options | ₹20/ Order | ₹0 (Free) |
Equity Futures | ₹20/ Order | ₹0 (Free) |
Currency Options | ₹20/ Order | ₹0 (Free) |
Fixed Charges | ₹20/ Order | ₹0 (Free) |
Equity Intraday | ₹20/ Order | ₹0 (Free) |
Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Finvasia - Margin (Exposure)
IIFL Securities | Finvasia | |
---|---|---|
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 (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 | Call Back Open Account |
IIFL Securities Vs Finvasia - Other Charges
IIFL Securities | Finvasia | |
---|---|---|
RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
Other Brokerage Charges | ₹20/ Order | ₹0 (Free) |
Minimum Brokerage | ₹20/ Order | ₹0 (Free) |
Call Back Open Account |
IIFL Securities Vs Finvasia - STT/CTT
IIFL Securities | Finvasia | |
---|---|---|
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 | 0.01% on Sell Side |
Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Call Back Open Account |
IIFL Securities Vs Finvasia - Demat transaction charges
IIFL Securities | Finvasia | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹9 + Gst per scrip only on sell |
Call Back Open Account |
IIFL Securities Vs Finvasia - GST
IIFL Securities | Finvasia | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Call Back Open Account |
IIFL Securities Vs Finvasia - SEBI Charges
IIFL Securities | Finvasia | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
IIFL Securities Vs Finvasia - Features
IIFL Securities | Finvasia | |
---|---|---|
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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |