Tradingo Vs IIFL Securities
Tradingo
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.
Tradingo Vs IIFL Securities - Broker Details
| Tradingo | IIFL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 1995 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 102 | 2000+ |
| Brokerage | ₹20/Order | ₹20/ Order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Tradingo Vs IIFL Securities - Account Opening & AMC Charges
| Tradingo | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250-per annum | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Tradingo Vs IIFL Securities - Brokerage charges & Plans
| Tradingo | IIFL Securities | |
|---|---|---|
| Commodity Futures | Discount Broking-₹20/Order or 0.01% (whichever is lower) | Premium Broking- ₹100/Order | ₹20/ Order |
| Currency Futures | Discount Broking- ₹20/Order or 0.01% (whichever is lower) | Premium Broking-₹20/Order | ₹20/ Order |
| Equity Delivery | Discount Broking- ₹0(Free) | Premium Broking-0.3% | ₹20/ Order |
| Equity Options | Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot | ₹20/ Order |
| Commodity Options | Discount Broking-₹20/Order or 0.01% whichever is lower | ₹20/ Order |
| Equity Futures | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking-0.03% | ₹20/ Order |
| Currency Options | Discount Broking- ₹20/order | Premium Broking- ₹50/Lot | ₹20/ Order |
| Fixed Charges | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover | ₹20/ Order |
| Equity Intraday | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover | ₹20/ Order |
| Call Back Open Account |
Tradingo Vs IIFL Securities - Other Charges
| Tradingo | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover | ₹20/ Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Tradingo Vs IIFL Securities - Transaction Charges
| Tradingo | IIFL Securities | |
|---|---|---|
| Currency Options | Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.00325% of turnover | BSE: 0.0005% of turnover | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE: 0.00325% of turnover | BSE: ₹1.5/Trade on A & B group scrips. | 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: 0.075% of turnover | BSE: 0.0005% of turnover | NSE: 0.053% on Premium value |
| Commodity | Discount Broking- ₹100/Order or 0.01% whichever is lower |Premium Broking-₹50/Lot | 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 | Discount Broking-₹20/Order or 0.01% whichever is lower|Premium Broking-0.3% of the turnover | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00325% of turnover | BSE: ₹1.5/Trade on A & B group scrips | 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 |
Tradingo Vs IIFL Securities - Margin (Exposure)
| Tradingo | 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 |
Tradingo Vs IIFL Securities - Features
| Tradingo | IIFL Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.Tradingo -mobile app 2. Justrade 2.0 Stocks | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Tradingo Vs IIFL Securities - Review & Rating
| Tradingo | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Tradingo Vs IIFL Securities - Request a call back from Broker
| Tradingo | IIFL Securities | |
|---|---|---|
| Call Back Open Account |
Tradingo Vs IIFL Securities - Investment Options
| Tradingo | IIFL Securities | |
|---|---|---|
| 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 |
Tradingo Vs IIFL Securities - Order Type
| Tradingo | IIFL Securities | |
|---|---|---|
| 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 |
Tradingo Vs IIFL Securities - Research & Report
| Tradingo | IIFL Securities | |
|---|---|---|
| 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 |
Tradingo Vs IIFL Securities - Daily Market Report
| Tradingo | IIFL Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Tradingo Vs IIFL Securities - Suitable For Investor
| Tradingo | IIFL Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Tradingo Vs IIFL Securities - Pros & Cons
| Tradingo | IIFL Securities | |
|---|---|---|
| Pros | 1.Discount stock broker 2.Online IPO and Mutual Funds available 3.Free trading software. 4 Offer margin funding and higher exposure. | 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.Doesn't offer 3-in-1 account 2.Charge annual maintenance change on demat account. 3.Call & trade is changed ₹20 extra. | 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 |
Tradingo Vs IIFL Securities - Background
| Tradingo | IIFL Securities | |
|---|---|---|
| Call Back Open Account |
Tradingo Vs IIFL Securities - Compare All Brokers
| Tradingo | IIFL Securities | |
|---|---|---|
| Call Back Open Account |
Tradingo Vs IIFL Securities - STT/CTT
| Tradingo | 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 buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
| Call Back Open Account |
Tradingo Vs IIFL Securities - Demat transaction charges
| Tradingo | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
| Call Back Open Account |
Tradingo Vs IIFL Securities - GST
| Tradingo | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Tradingo Vs IIFL Securities - SEBI Charges
| Tradingo | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Tradingo Vs IIFL Securities - Account Opening & AMC Charges
Tradingo
IIFL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250-per annum
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
₹0 (Free)
₹0 (Free)
Tradingo Vs IIFL Securities
| Tradingo | IIFL Securities | |
|---|---|---|
Tradingo ReviewIncorporated on 2016 in Indore (Madhya Pradesh) by IIT Delhi alumni Mr. Parth Nyati having a decade of experience in the brokerage industry. Today, he is one of the best techies in the financial industry and also holds a position of board member of BSE Brokers Forum. Tradingo is a modern stock trading platform offers 2 types of
Read more..
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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.
Tradingo Vs IIFL Securities - Brokerage charges & Plans
| Tradingo | IIFL Securities | |
|---|---|---|
| Commodity Futures | Discount Broking-₹20/Order or 0.01% (whichever is lower) | Premium Broking- ₹100/Order | ₹20/ Order |
| Currency Futures | Discount Broking- ₹20/Order or 0.01% (whichever is lower) | Premium Broking-₹20/Order | ₹20/ Order |
| Equity Delivery | Discount Broking- ₹0(Free) | Premium Broking-0.3% | ₹20/ Order |
| Equity Options | Discount Broking- ₹20/Order | Premium Broking- ₹50/Lot | ₹20/ Order |
| Commodity Options | Discount Broking-₹20/Order or 0.01% whichever is lower | ₹20/ Order |
| Equity Futures | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking-0.03% | ₹20/ Order |
| Currency Options | Discount Broking- ₹20/order | Premium Broking- ₹50/Lot | ₹20/ Order |
| Fixed Charges | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover | ₹20/ Order |
| Equity Intraday | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover | ₹20/ Order |
| Call Back Open Account |
Tradingo Vs IIFL Securities - Margin (Exposure)
| Tradingo | 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 |
Tradingo Vs IIFL Securities - Other Charges
| Tradingo | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | Discount Broking- ₹20/Order or 0.03% (whichever is lower) | Premium Broking- 0.03% of the turnover | ₹20/ Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Tradingo Vs IIFL Securities - STT/CTT
| Tradingo | 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 buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Tradingo Vs IIFL Securities - Demat transaction charges
| Tradingo | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Tradingo Vs IIFL Securities - GST
| Tradingo | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Tradingo Vs IIFL Securities - SEBI Charges
| Tradingo | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Tradingo Vs IIFL Securities - Features
| Tradingo | 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1.Tradingo -mobile app 2. Justrade 2.0 Stocks | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |