IIFL Securities Vs INDmoney
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.
INDmoney
INDmoney 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 INDmoney - Broker Details
IIFL Securities | INDmoney | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 1995 | 2019 |
Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
Branches | 2000+ | 966 |
Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Broker Type | Full Service Broker | Discount Broker |
Call Back Open Account |
IIFL Securities Vs INDmoney - Account Opening & AMC Charges
IIFL Securities | INDmoney | |
---|---|---|
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 INDmoney - Brokerage charges & Plans
IIFL Securities | INDmoney | |
---|---|---|
Commodity Futures | ₹20/ Order | N/A |
Currency Futures | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Equity Delivery | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Equity Options | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Commodity Options | ₹20/ Order | N/A |
Equity Futures | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Currency Options | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Fixed Charges | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Equity Intraday | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Call Back Open Account |
IIFL Securities Vs INDmoney - Other Charges
IIFL Securities | INDmoney | |
---|---|---|
RMS Square Off Charge | ₹50/ Order | ₹50 per position |
API Charges | ₹0 (Free) | N/A |
Call & Trade Charges | ₹0 (Free) | ₹50 per position |
Other Brokerage Charges | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Call Back Open Account |
IIFL Securities Vs INDmoney - Transaction Charges
IIFL Securities | INDmoney | |
---|---|---|
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 % And | BSE: 0.001% On Options Premium Value |
Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: 0.00195% on total turnover value |
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 - 0.00325% | BSE- 0.00375% |
Equity Options | NSE: 0.053% on Premium value | NSE: 0.053% on premium value |
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 | 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 Following Scrips: 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: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures 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 - 0.00325% | BSE- 0.00375% |
Call Back Open Account |
IIFL Securities Vs INDmoney - Margin (Exposure)
IIFL Securities | INDmoney | |
---|---|---|
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 (no margin) |
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 |
IIFL Securities Vs INDmoney - Features
IIFL Securities | INDmoney | |
---|---|---|
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: 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. INDmoney Online Web Portal, 2. INDmoney Mobile App |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |
IIFL Securities Vs INDmoney - Review & Rating
IIFL Securities | INDmoney | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
IIFL Securities Vs INDmoney - Request a call back from Broker
IIFL Securities | INDmoney | |
---|---|---|
Call Back Open Account |
IIFL Securities Vs INDmoney - Investment Options
IIFL Securities | INDmoney | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
IIFL Securities Vs INDmoney - Order Type
IIFL Securities | INDmoney | |
---|---|---|
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 |
IIFL Securities Vs INDmoney - Research & Report
IIFL Securities | INDmoney | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
IIFL Securities Vs INDmoney - Daily Market Report
IIFL Securities | INDmoney | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
IIFL Securities Vs INDmoney - Suitable For Investor
IIFL Securities | INDmoney | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
IIFL Securities Vs INDmoney - Pros & Cons
IIFL Securities | INDmoney | |
---|---|---|
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 Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
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 Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Call Back Open Account |
IIFL Securities Vs INDmoney - Background
IIFL Securities | INDmoney | |
---|---|---|
Call Back Open Account |
IIFL Securities Vs INDmoney - Compare All Brokers
IIFL Securities | INDmoney | |
---|---|---|
Call Back Open Account |
IIFL Securities Vs INDmoney - STT/CTT
IIFL Securities | INDmoney | |
---|---|---|
Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% only on sell side 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 (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 % on Sell | 0.01% only on sell |
Commodity Options | 0.05% on Sell Side | 0.05% only on sell side |
Call Back Open Account |
IIFL Securities Vs INDmoney - Demat transaction charges
IIFL Securities | INDmoney | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹250/ per certificate |
Call Back Open Account |
IIFL Securities Vs INDmoney - GST
IIFL Securities | INDmoney | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
IIFL Securities Vs INDmoney - SEBI Charges
IIFL Securities | INDmoney | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
IIFL Securities Vs INDmoney - Account Opening & AMC Charges
IIFL Securities Vs INDmoney
IIFL Securities | INDmoney | |
---|---|---|
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 "+ INDmoney |
INDmoney Account Opening Process, Charges, and Documentation Details |
|
INDmoney
INDmoney 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 INDmoney - Brokerage charges & Plans
IIFL Securities | INDmoney | |
---|---|---|
Commodity Futures | ₹20/ Order | N/A |
Currency Futures | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Equity Delivery | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Equity Options | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Commodity Options | ₹20/ Order | N/A |
Equity Futures | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Currency Options | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Fixed Charges | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Equity Intraday | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Call Back Open Account |
IIFL Securities Vs INDmoney - Margin (Exposure)
IIFL Securities | INDmoney | |
---|---|---|
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 (no margin) |
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 |
IIFL Securities Vs INDmoney - Other Charges
IIFL Securities | INDmoney | |
---|---|---|
RMS Square Off Charge | ₹50/ Order | ₹50 per position |
API Charges | ₹0 (Free) | N/A |
Call & Trade Charges | ₹0 (Free) | ₹50 per position |
Other Brokerage Charges | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Call Back Open Account |
IIFL Securities Vs INDmoney - STT/CTT
IIFL Securities | INDmoney | |
---|---|---|
Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% only on sell side 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 (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 % on Sell | 0.01% only on sell |
Commodity Options | 0.05% on Sell Side | 0.05% only on sell side |
Call Back Open Account |
IIFL Securities Vs INDmoney - Demat transaction charges
IIFL Securities | INDmoney | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹250/ per certificate |
Call Back Open Account |
IIFL Securities Vs INDmoney - GST
IIFL Securities | INDmoney | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
IIFL Securities Vs INDmoney - SEBI Charges
IIFL Securities | INDmoney | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
IIFL Securities Vs INDmoney - Features
IIFL Securities | INDmoney | |
---|---|---|
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: 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. INDmoney Online Web Portal, 2. INDmoney Mobile App |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |