mStock Vs IIFL Securities
mStock
mStock Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
mStock Vs IIFL Securities - Broker Details
mStock | IIFL Securities | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2022 | 1995 |
Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
Branches | N/A | 2000+ |
Brokerage | ₹0 | ₹20/ Order |
Broker Type | Discount Broker | Full Service Broker |
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Account Opening & AMC Charges
mStock | IIFL Securities | |
---|---|---|
Trading Account Opening Charge | ₹149 or ₹999 | ₹0 (Free) |
Demat Account Opening Charge | ₹149 or ₹999 | ₹0 (Free) |
Demat Account AMC | ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
Trading Account AMC | ₹149 or ₹999 + ₹999 (One time AMC) | ₹0 (Free) |
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Brokerage charges & Plans
mStock | IIFL Securities | |
---|---|---|
Commodity Futures | ₹0 | ₹20/ Order |
Currency Futures | ₹0 | ₹20/ Order |
Equity Delivery | ₹0 | ₹20/ Order |
Equity Options | ₹0 | ₹20/ Order |
Commodity Options | ₹0 | ₹20/ Order |
Equity Futures | ₹0 | ₹20/ Order |
Currency Options | ₹0 | ₹20/ Order |
Fixed Charges | ₹0 | ₹20/ Order |
Equity Intraday | ₹0 | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Other Charges
mStock | IIFL Securities | |
---|---|---|
RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
Other Brokerage Charges | ₹0 (Free) | ₹20/ Order |
Minimum Brokerage | ₹0 (Free) | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Transaction Charges
mStock | IIFL Securities | |
---|---|---|
Currency Options | NSE: Exchange txn charge: 0.035% | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
Equity Futures | NSE: 0.0019% | NSE: 0.00195% on Total Turnover value |
Equity Intraday | BSE: 0.00375% | NSE: 0.00325% | 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% |
Equity Options | NSE: 0.050% | NSE: 0.053% on Premium value |
Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | 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 |
Currency Futures | NSE: Exchange txn charge: 0.0009% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
Equity Delivery | BSE: 0.00375% | NSE: 0.00325% | 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% |
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Margin (Exposure)
mStock | IIFL Securities | |
---|---|---|
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 |
mStock Vs IIFL Securities - Features
mStock | IIFL Securities | |
---|---|---|
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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
Trading Platform | 1. Mstock Mobile App, 2. Mstock Web Portal | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Review & Rating
mStock | IIFL Securities | |
---|---|---|
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 |
mStock Vs IIFL Securities - Request a call back from Broker
mStock | IIFL Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Investment Options
mStock | IIFL Securities | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Order Type
mStock | IIFL Securities | |
---|---|---|
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 | Call Back Open Account |
mStock Vs IIFL Securities - Research & Report
mStock | IIFL Securities | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Daily Market Report
mStock | IIFL Securities | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Suitable For Investor
mStock | IIFL Securities | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Pros & Cons
mStock | IIFL Securities | |
---|---|---|
Pros | 1.It charges 0 brokerage. 2.Real-time market data and analysis tools. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5.The customers can apply for an IPO directly from the mstock Account. 6. Market and historical data available. | 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). |
Cons | 1.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.Higher minimum deposit requirements. 5.The call and trade are present at an additional fee. | 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. |
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Background
mStock | IIFL Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Compare All Brokers
mStock | IIFL Securities | |
---|---|---|
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - STT/CTT
mStock | IIFL Securities | |
---|---|---|
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 the sell side | 0.025% on Sell |
Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell (on Premium) |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & Sell |
Equity Futures | 0.0125% on sell side | 0.01 % on Sell |
Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Demat transaction charges
mStock | IIFL Securities | |
---|---|---|
Equity Demat Transaction Charges | ₹12 + Gst per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - GST
mStock | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - SEBI Charges
mStock | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/Crore |
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Account Opening & AMC Charges
mStock Vs IIFL Securities
mStock | IIFL Securities | |
---|---|---|
mStock Review 2024mStock .. |
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 .. |
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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.
mStock Vs IIFL Securities - Brokerage charges & Plans
mStock | IIFL Securities | |
---|---|---|
Commodity Futures | ₹0 | ₹20/ Order |
Currency Futures | ₹0 | ₹20/ Order |
Equity Delivery | ₹0 | ₹20/ Order |
Equity Options | ₹0 | ₹20/ Order |
Commodity Options | ₹0 | ₹20/ Order |
Equity Futures | ₹0 | ₹20/ Order |
Currency Options | ₹0 | ₹20/ Order |
Fixed Charges | ₹0 | ₹20/ Order |
Equity Intraday | ₹0 | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
mStock Vs IIFL Securities - Margin (Exposure)
mStock | IIFL Securities | |
---|---|---|
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 |
mStock Vs IIFL Securities - Other Charges
mStock | IIFL Securities | |
---|---|---|
RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
Other Brokerage Charges | ₹0 (Free) | ₹20/ Order |
Minimum Brokerage | ₹0 (Free) | ₹20/ Order |
Call Back Open Account |
mStock Vs IIFL Securities - STT/CTT
mStock | IIFL Securities | |
---|---|---|
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 the sell side | 0.025% on Sell |
Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell (on Premium) |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & Sell |
Equity Futures | 0.0125% on sell side | 0.01 % on Sell |
Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Call Back Open Account |
mStock Vs IIFL Securities - Demat transaction charges
mStock | IIFL Securities | |
---|---|---|
Equity Demat Transaction Charges | ₹12 + Gst per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Call Back Open Account |
mStock Vs IIFL Securities - GST
mStock | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
mStock Vs IIFL Securities - SEBI Charges
mStock | IIFL Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/Crore |
Call Back Open Account |
mStock Vs IIFL Securities - Features
mStock | IIFL Securities | |
---|---|---|
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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
Trading Platform | 1. Mstock Mobile App, 2. Mstock Web Portal | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |