IIFL Securities Vs Sernet Financial
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.
Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
IIFL Securities Vs Sernet Financial - Broker Details
IIFL Securities | Sernet Financial | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 1995 | 2004 |
Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
Branches | 2000+ | NA |
Brokerage | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Broker Type | Full Service Broker | Full Service Broker |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Account Opening & AMC Charges
IIFL Securities | Sernet Financial | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee |
Demat Account Opening Charge | ₹0 (Free) | PREMIER- ₹0(Free) | PRIVILEGE- Need to Pay Joining Fee | ELITE-Need to Pay Joining Fee |
Demat Account AMC | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards | PREMIER- Up to ₹749 (Depends on account type) | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) |
Trading Account AMC | ₹0 (Free) | PREMIER- NA | PRIVILEGE- ₹0(Free) | ELITE- ₹0(Free) |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Brokerage charges & Plans
IIFL Securities | Sernet Financial | |
---|---|---|
Commodity Futures | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Currency Futures | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Equity Delivery | ₹20/ Order | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% |
Equity Options | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Commodity Options | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Equity Futures | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Currency Options | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Fixed Charges | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Equity Intraday | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Other Charges
IIFL Securities | Sernet Financial | |
---|---|---|
RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹0 (Free) | ₹20 per Order |
Other Brokerage Charges | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Minimum Brokerage | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Transaction Charges
IIFL Securities | Sernet Financial | |
---|---|---|
Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE – Exchange txn charge: 0.035% | BSE – Exchange txn charge: 0.001% |
Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: 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: 0.00325% | BSE: 0.00325% |
Equity Options | NSE: 0.053% on Premium value | NSE: 0.05% (on premium) | NSE: 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 | Exchange txn charge: 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 – Exchange txn charge: 0.0009% | BSE – Exchange txn charge: 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: 0.00325% | BSE: 0.00325% |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Margin (Exposure)
IIFL Securities | Sernet Financial | |
---|---|---|
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 Sernet Financial - Features
IIFL Securities | Sernet Financial | |
---|---|---|
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. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Review & Rating
IIFL Securities | Sernet Financial | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Request a call back from Broker
IIFL Securities | Sernet Financial | |
---|---|---|
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Investment Options
IIFL Securities | Sernet Financial | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Order Type
IIFL Securities | Sernet Financial | |
---|---|---|
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 Sernet Financial - Research & Report
IIFL Securities | Sernet Financial | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Daily Market Report
IIFL Securities | Sernet Financial | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Suitable For Investor
IIFL Securities | Sernet Financial | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Pros & Cons
IIFL Securities | Sernet Financial | |
---|---|---|
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. Known for their reliability and integrity in managing clients' assets. 4. Offer competitive interest rates and fees for their services. 5. Prioritize client satisfaction and long-term financial well-being. |
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. Sernet Financial may not have a widespread branch network, which could be inconvenient for clients who prefer in-person banking. 4. Depending on their size and resources, customer support quality and availability may vary. |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Background
IIFL Securities | Sernet Financial | |
---|---|---|
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Compare All Brokers
IIFL Securities | Sernet Financial | |
---|---|---|
Call Back Open Account |
IIFL Securities Vs Sernet Financial - STT/CTT
IIFL Securities | Sernet Financial | |
---|---|---|
Commodity Futures | 0.01% on Sell Side Non-Agri | 0.05% on sell side |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% on Sell | 0.1% on buy & sell |
Equity Options | 0.05% on Sell (on Premium) | 0.0625% 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 | 0.0125% on sell side |
Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Demat transaction charges
IIFL Securities | Sernet Financial | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹15 + GST per scrip |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - GST
IIFL Securities | Sernet Financial | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - SEBI Charges
IIFL Securities | Sernet Financial | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Account Opening & AMC Charges
IIFL Securities Vs Sernet Financial
IIFL Securities | Sernet Financial | |
---|---|---|
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 "+ Sernet Financial |
Sernet Financial Account Opening Process and Charges Details |
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Sernet Financial
Sernet Financial is a full service Broker. Sernet Financial Review gives an overall view and the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
IIFL Securities Vs Sernet Financial - Brokerage charges & Plans
IIFL Securities | Sernet Financial | |
---|---|---|
Commodity Futures | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Currency Futures | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Equity Delivery | ₹20/ Order | PREMIER- 1.00% | PRIVILEGE- 0.25% | ELITE- 0.25% |
Equity Options | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Commodity Options | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Equity Futures | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Currency Options | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Fixed Charges | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Equity Intraday | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Margin (Exposure)
IIFL Securities | Sernet Financial | |
---|---|---|
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 Sernet Financial - Other Charges
IIFL Securities | Sernet Financial | |
---|---|---|
RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹0 (Free) | ₹20 per Order |
Other Brokerage Charges | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Minimum Brokerage | ₹20/ Order | PREMIER- 0.25% | PRIVILEGE- 0.10% | ELITE- 0.10% |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - STT/CTT
IIFL Securities | Sernet Financial | |
---|---|---|
Commodity Futures | 0.01% on Sell Side Non-Agri | 0.05% on sell side |
Currency Futures | No STT | No STT |
Equity Intraday | 0.025% on Sell | 0.1% on buy & sell |
Equity Options | 0.05% on Sell (on Premium) | 0.0625% 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 | 0.0125% on sell side |
Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Demat transaction charges
IIFL Securities | Sernet Financial | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹15 + GST per scrip |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - GST
IIFL Securities | Sernet Financial | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - SEBI Charges
IIFL Securities | Sernet Financial | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
IIFL Securities Vs Sernet Financial - Features
IIFL Securities | Sernet Financial | |
---|---|---|
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. Tradetor Mobile App, 2. Tick Funds Mutual Fund App, 3. Tradetor Web portal |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |