IIFL Securities Vs Flattrade
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.
Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
IIFL Securities Vs Flattrade - Broker Details
| IIFL Securities | Flattrade | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2004 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 2000+ | 6 |
| Brokerage | ₹20/ Order | ₹0 (Free) |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Flattrade - Account Opening & AMC Charges
| IIFL Securities | Flattrade | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 + GST |
| 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 Flattrade - Brokerage charges & Plans
| IIFL Securities | Flattrade | |
|---|---|---|
| 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 Flattrade - Other Charges
| IIFL Securities | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | ₹20/ Order | ₹0 (Free) |
| Minimum Brokerage | ₹20/ Order | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Flattrade - Transaction Charges
| IIFL Securities | Flattrade | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE: 0.00195% on Total Turnover value | 0.0020% |
| 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% | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Equity Options | NSE: 0.053% on Premium value | 0.053% (on premium) |
| 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 | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE : 0.0009% | BSE : 0.00022% |
| 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% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Flattrade - Margin (Exposure)
| IIFL Securities | Flattrade | |
|---|---|---|
| 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 Flattrade - Features
| IIFL Securities | Flattrade | |
|---|---|---|
| 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Flattrade - Review & Rating
| IIFL Securities | Flattrade | |
|---|---|---|
| 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 Flattrade - Request a call back from Broker
| IIFL Securities | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Flattrade - Investment Options
| IIFL Securities | Flattrade | |
|---|---|---|
| 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 | Call Back Open Account |
IIFL Securities Vs Flattrade - Order Type
| IIFL Securities | Flattrade | |
|---|---|---|
| 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 | Call Back Open Account |
IIFL Securities Vs Flattrade - Research & Report
| IIFL Securities | Flattrade | |
|---|---|---|
| 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 | Call Back Open Account |
IIFL Securities Vs Flattrade - Daily Market Report
| IIFL Securities | Flattrade | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Flattrade - Suitable For Investor
| IIFL Securities | Flattrade | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Flattrade - Pros & Cons
| IIFL Securities | Flattrade | |
|---|---|---|
| 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. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments |
| 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. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. |
| Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Flattrade - Background
| IIFL Securities | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Flattrade - Compare All Brokers
| IIFL Securities | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Flattrade - STT/CTT
| IIFL Securities | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% on Sale side |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% Buy & 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 Flattrade - Demat transaction charges
| IIFL Securities | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹20 + GST per scrip only on sell |
| Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Flattrade - GST
| IIFL Securities | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Flattrade - SEBI Charges
| IIFL Securities | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account | Call Back Open Account |
IIFL Securities Vs Flattrade - Account Opening & AMC Charges
IIFL Securities
Flattrade
Trading Account Opening Charge
₹0 (Free)
₹200 + GST
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 Flattrade
| IIFL Securities | Flattrade | |
|---|---|---|
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 "+ Flattrade |
Flattrade ReviewFlattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs .. |
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Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
IIFL Securities Vs Flattrade - Brokerage charges & Plans
| IIFL Securities | Flattrade | |
|---|---|---|
| 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 Flattrade - Margin (Exposure)
| IIFL Securities | Flattrade | |
|---|---|---|
| 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 Flattrade - Other Charges
| IIFL Securities | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | ₹20/ Order | ₹0 (Free) |
| Minimum Brokerage | ₹20/ Order | ₹0 (Free) |
| Call Back Open Account |
IIFL Securities Vs Flattrade - STT/CTT
| IIFL Securities | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% on Sale side |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% Buy & 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 Flattrade - Demat transaction charges
| IIFL Securities | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹20 + GST per scrip only on sell |
| Call Back Open Account |
IIFL Securities Vs Flattrade - GST
| IIFL Securities | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
IIFL Securities Vs Flattrade - SEBI Charges
| IIFL Securities | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
IIFL Securities Vs Flattrade - Features
| IIFL Securities | Flattrade | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |