IIFL Securities Vs Nirman 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.
Nirman Broking
Nirman 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 Nirman Broking - Broker Details
| IIFL Securities | Nirman Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1987 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX and NCDEX |
| Branches | 2000+ | 20 |
| Brokerage | ₹20/ Order | ₹20 per executed order or 0.05% |
| Broker Type | Full Service Broker | Full Service Broker |
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - Account Opening & AMC Charges
| IIFL Securities | Nirman 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 | ₹360 + GST per year |
| Trading Account AMC | ₹0 (Free) | N/A |
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - Brokerage charges & Plans
| IIFL Securities | Nirman Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | ₹20 per executed per order or 0.05% |
| Equity Delivery | ₹20/ Order | ₹20 or 2.5% |
| Equity Options | ₹20/ Order | Flat ₹20 per executed per order |
| Commodity Options | ₹20/ Order | Flat ₹20 per executed per order |
| Equity Futures | ₹20/ Order | ₹20 per executed order or 0.05% |
| Currency Options | ₹20/ Order | Flat ₹20 per executed per order |
| Fixed Charges | ₹20/ Order | ₹20 per executed order or 0.05% |
| Equity Intraday | ₹20/ Order | ₹20 per executed order or 0.05% |
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - Other Charges
| IIFL Securities | Nirman Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20 per order |
| Other Brokerage Charges | ₹20/ Order | ₹20 per executed order or 0.05% |
| Minimum Brokerage | ₹20/ Order | ₹20 per executed order or 0.05% |
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - Transaction Charges
| IIFL Securities | Nirman Broking | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE ₹500/Cr (0.005%) (on premium) |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: ₹200/Cr (0.0019%) |
| 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: ₹345/Cr (0.00325%) |
| Equity Options | NSE: 0.053% on Premium value | NSE ₹5000/Cr (0.05%) (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 | N/A |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE ₹120/Cr (0.0012%) |
| 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: ₹345/Cr (0.00325%) |
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - Margin (Exposure)
| IIFL Securities | Nirman Broking | |
|---|---|---|
| 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) | 6x (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 |
IIFL Securities Vs Nirman Broking - Features
| IIFL Securities | Nirman 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. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
IIFL Securities Vs Nirman Broking - Review & Rating
| IIFL Securities | Nirman 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 Nirman Broking - Request a call back from Broker
| IIFL Securities | Nirman Broking | |
|---|---|---|
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - Investment Options
| IIFL Securities | Nirman 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 Nirman Broking - Order Type
| IIFL Securities | Nirman 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 Nirman Broking - Research & Report
| IIFL Securities | Nirman 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 Nirman Broking - Daily Market Report
| IIFL Securities | Nirman Broking | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
IIFL Securities Vs Nirman Broking - Suitable For Investor
| IIFL Securities | Nirman 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 Nirman Broking - Pros & Cons
| IIFL Securities | Nirman 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. Wide Range of Financial Products, 2. User-Friendly Platform 3. Excellent customer service and support, 4. Wide range of investment products and options, 5. Competitive pricing and low fees. 6. Competitive Pricing |
| 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. Market volatility and potential investment risks, 2. Technology Issues 3. Dependency on market conditions and economic factors, |
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - Background
| IIFL Securities | Nirman Broking | |
|---|---|---|
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - Compare All Brokers
| IIFL Securities | Nirman Broking | |
|---|---|---|
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - STT/CTT
| IIFL Securities | Nirman Broking | |
|---|---|---|
| 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 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 Nirman Broking - Demat transaction charges
| IIFL Securities | Nirman Broking | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹10 + GST per scrip only on sell |
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - GST
| IIFL Securities | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - SEBI Charges
| IIFL Securities | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - Account Opening & AMC Charges
IIFL Securities
Nirman 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
₹360 + GST per year
Trading Account AMC
₹0 (Free)
N/A
IIFL Securities Vs Nirman Broking
| IIFL Securities | Nirman 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 "+ Nirman Broking |
Nirman Broking Account Opening Process and Charges |
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Nirman Broking
Nirman 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 Nirman Broking - Brokerage charges & Plans
| IIFL Securities | Nirman Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | ₹20 per executed per order or 0.05% |
| Equity Delivery | ₹20/ Order | ₹20 or 2.5% |
| Equity Options | ₹20/ Order | Flat ₹20 per executed per order |
| Commodity Options | ₹20/ Order | Flat ₹20 per executed per order |
| Equity Futures | ₹20/ Order | ₹20 per executed order or 0.05% |
| Currency Options | ₹20/ Order | Flat ₹20 per executed per order |
| Fixed Charges | ₹20/ Order | ₹20 per executed order or 0.05% |
| Equity Intraday | ₹20/ Order | ₹20 per executed order or 0.05% |
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - Margin (Exposure)
| IIFL Securities | Nirman Broking | |
|---|---|---|
| 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) | 6x (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 |
IIFL Securities Vs Nirman Broking - Other Charges
| IIFL Securities | Nirman Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20 per order |
| Other Brokerage Charges | ₹20/ Order | ₹20 per executed order or 0.05% |
| Minimum Brokerage | ₹20/ Order | ₹20 per executed order or 0.05% |
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - STT/CTT
| IIFL Securities | Nirman Broking | |
|---|---|---|
| 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 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 Nirman Broking - Demat transaction charges
| IIFL Securities | Nirman Broking | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹10 + GST per scrip only on sell |
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - GST
| IIFL Securities | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - SEBI Charges
| IIFL Securities | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
IIFL Securities Vs Nirman Broking - Features
| IIFL Securities | Nirman Broking | |
|---|---|---|
| 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. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |