IIFL Securities Vs Gill Broking
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.
Gill Broking
Gill Broking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
IIFL Securities Vs Gill Broking - Broker Details
| IIFL Securities | Gill Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2017 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | 2000+ | 70+ |
| Brokerage | ₹20/ Order | ₹13 per order |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - Account Opening & AMC Charges
| IIFL Securities | Gill Broking | |
|---|---|---|
| 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) only for First Year |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - Brokerage charges & Plans
| IIFL Securities | Gill Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹13 per order |
| Currency Futures | ₹20/ Order | ₹13 per order |
| Equity Delivery | ₹20/ Order | ₹13 per order |
| Equity Options | ₹20/ Order | ₹13 per order |
| Commodity Options | ₹20/ Order | ₹13 per order |
| Equity Futures | ₹20/ Order | ₹13 per order |
| Currency Options | ₹20/ Order | ₹13 per order |
| Fixed Charges | ₹20/ Order | ₹13 per order |
| Equity Intraday | ₹20/ Order | ₹13 per order |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - Other Charges
| IIFL Securities | Gill Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per day order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹70 per day order placed through a dealer |
| Other Brokerage Charges | ₹20/ Order | ₹13 per order |
| Minimum Brokerage | ₹20/ Order | ₹13 per order |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - Transaction Charges
| IIFL Securities | Gill Broking | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | 0.00090% of Total Future Turnover value 0.035% of Premium Value in case of Option Segment |
| Equity Futures | NSE: 0.00195% on Total Turnover value | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment |
| 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% | Rate 0.00345% Of Total Turnover value |
| Equity Options | NSE: 0.053% on Premium value | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment |
| 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 | Exchange txn charge: 0.0026% (Commodity Futures) Exchange txn charge: 0 (Commodity Options) |
| 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% (Currency Futures) NSE: 0.035% (Currency Options) |
| 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: 0.00325% (Equity Delivery) BSE: 0.00300% (Equity Delivery) |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - Margin (Exposure)
| IIFL Securities | Gill Broking | |
|---|---|---|
| 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) | 4x (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 Gill Broking - Features
| IIFL Securities | Gill Broking | |
|---|---|---|
| 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
IIFL Securities Vs Gill Broking - Review & Rating
| IIFL Securities | Gill Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
IIFL Securities Vs Gill Broking - Request a call back from Broker
| IIFL Securities | Gill Broking | |
|---|---|---|
| Call Back Open Account |
IIFL Securities Vs Gill Broking - Investment Options
| IIFL Securities | Gill Broking | |
|---|---|---|
| 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 Gill Broking - Order Type
| IIFL Securities | Gill Broking | |
|---|---|---|
| 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 Gill Broking - Research & Report
| IIFL Securities | Gill Broking | |
|---|---|---|
| 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 Gill Broking - Daily Market Report
| IIFL Securities | Gill Broking | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
IIFL Securities Vs Gill Broking - Suitable For Investor
| IIFL Securities | Gill Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
IIFL Securities Vs Gill Broking - Pros & Cons
| IIFL Securities | Gill Broking | |
|---|---|---|
| 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. User-friendly online trading platform, 2. Diverse range of asset classes for trading and investment, 3. Real-time market data and analysis tools, 4. Access to comprehensive research reports, 5. Competitive brokerage fees, 6. Strong customer support and assistance. |
| 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. Limited international market access, 2. Limited trading tools and advanced features, 3. Higher minimum deposit requirements, 4. Inactivity fees |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - Background
| IIFL Securities | Gill Broking | |
|---|---|---|
| Call Back Open Account |
IIFL Securities Vs Gill Broking - Compare All Brokers
| IIFL Securities | Gill Broking | |
|---|---|---|
| Call Back Open Account |
IIFL Securities Vs Gill Broking - STT/CTT
| IIFL Securities | Gill Broking | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on the sell side |
| 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 the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% on the sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on the sell side |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - Demat transaction charges
| IIFL Securities | Gill Broking | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹15 + Gst per scrip only on sell |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - GST
| IIFL Securities | Gill Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - SEBI Charges
| IIFL Securities | Gill Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - Account Opening & AMC Charges
IIFL Securities
Gill Broking
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) only for First Year
Trading Account AMC
₹0 (Free)
₹0 (Free)
IIFL Securities Vs Gill Broking
| IIFL Securities | Gill Broking | |
|---|---|---|
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 "+ Gill Broking |
Gill Broking Review | Account Opening Charges, Brokerage, and Trading Platforms |
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Gill Broking
Gill Broking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
IIFL Securities Vs Gill Broking - Brokerage charges & Plans
| IIFL Securities | Gill Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹13 per order |
| Currency Futures | ₹20/ Order | ₹13 per order |
| Equity Delivery | ₹20/ Order | ₹13 per order |
| Equity Options | ₹20/ Order | ₹13 per order |
| Commodity Options | ₹20/ Order | ₹13 per order |
| Equity Futures | ₹20/ Order | ₹13 per order |
| Currency Options | ₹20/ Order | ₹13 per order |
| Fixed Charges | ₹20/ Order | ₹13 per order |
| Equity Intraday | ₹20/ Order | ₹13 per order |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - Margin (Exposure)
| IIFL Securities | Gill Broking | |
|---|---|---|
| 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) | 4x (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 Gill Broking - Other Charges
| IIFL Securities | Gill Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per day order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹70 per day order placed through a dealer |
| Other Brokerage Charges | ₹20/ Order | ₹13 per order |
| Minimum Brokerage | ₹20/ Order | ₹13 per order |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - STT/CTT
| IIFL Securities | Gill Broking | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on the sell side |
| 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 the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% on the sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on the sell side |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - Demat transaction charges
| IIFL Securities | Gill Broking | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹15 + Gst per scrip only on sell |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - GST
| IIFL Securities | Gill Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - SEBI Charges
| IIFL Securities | Gill Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
IIFL Securities Vs Gill Broking - Features
| IIFL Securities | Gill Broking | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |