IIFL Securities Vs CIL Securities
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.
CIL Securities
CIL Securities 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 CIL Securities - Broker Details
| IIFL Securities | CIL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1989 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | 2000+ | N/A |
| Brokerage | ₹20/ Order | ₹20 per order |
| Broker Type | Full Service Broker | Full Service Broker |
IIFL Securities Vs CIL Securities - Account Opening & AMC Charges
| IIFL Securities | CIL Securities | |
|---|---|---|
| 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 | ₹400 from 2nd Year ( 1st Year Free) |
| Trading Account AMC | ₹0 (Free) | ₹1000 from 2nd Year ( 1st Year Free) |
IIFL Securities Vs CIL Securities - Brokerage charges & Plans
| IIFL Securities | CIL Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹20 per order |
| Currency Futures | ₹20/ Order | ₹20 per order |
| Equity Delivery | ₹20/ Order | ₹20 per order |
| Equity Options | ₹20/ Order | ₹20 per order |
| Commodity Options | ₹20/ Order | ₹20 per order |
| Equity Futures | ₹20/ Order | ₹20 per order |
| Currency Options | ₹20/ Order | ₹20 per order |
| Fixed Charges | ₹20/ Order | ₹20 per order |
| Equity Intraday | ₹20/ Order | ₹20 per order |
IIFL Securities Vs CIL Securities - Other Charges
| IIFL Securities | CIL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order | ₹20 per order |
| Minimum Brokerage | ₹20/ Order | ₹20 per order |
IIFL Securities Vs CIL Securities - Transaction Charges
| IIFL Securities | CIL Securities | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | 0.057% |
| Equity Futures | NSE: 0.00195% on Total Turnover value | 0.0032% |
| 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% | 0.0032% |
| Equity Options | NSE: 0.053% on Premium value | 0.00323% |
| 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% | 0.00240% |
| 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% | 0.0032% |
IIFL Securities Vs CIL Securities - Margin (Exposure)
| IIFL Securities | CIL Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
IIFL Securities Vs CIL Securities - Features
| IIFL Securities | CIL Securities | |
|---|---|---|
| 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: 03:20 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. CIL Securities Aero Web, 2. CIL Securities Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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IIFL Securities Vs CIL Securities - Review & Rating
| IIFL Securities | CIL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
IIFL Securities Vs CIL Securities - Request a call back from Broker
| IIFL Securities | CIL Securities | |
|---|---|---|
IIFL Securities Vs CIL Securities - Investment Options
| IIFL Securities | CIL 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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IIFL Securities Vs CIL Securities - Order Type
| IIFL Securities | CIL 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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IIFL Securities Vs CIL Securities - Research & Report
| IIFL Securities | CIL 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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IIFL Securities Vs CIL Securities - Daily Market Report
| IIFL Securities | CIL Securities | |
|---|---|---|
| Daily Market Reports & News |
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IIFL Securities Vs CIL Securities - Suitable For Investor
| IIFL Securities | CIL Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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IIFL Securities Vs CIL Securities - Pros & Cons
| IIFL Securities | CIL Securities | |
|---|---|---|
| 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. Diverse investment options, 2. Access to professional expertise, 3. Potential for higher returns, 4. Liquidity in some securities, 5. Portfolio diversification, 6. Ability to trade on stock exchanges. |
| 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 risk, 2. Lack of guaranteed returns, 3. Limited control over individual securities, 4. Not suitable for short-term goals. |
IIFL Securities Vs CIL Securities - Background
| IIFL Securities | CIL Securities | |
|---|---|---|
IIFL Securities Vs CIL Securities - Compare All Brokers
| IIFL Securities | CIL Securities | |
|---|---|---|
IIFL Securities Vs CIL Securities - STT/CTT
| IIFL Securities | CIL 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 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 both Buy and Sell |
| Equity Futures | 0.01 % on Sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
IIFL Securities Vs CIL Securities - Demat transaction charges
| IIFL Securities | CIL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹20 + Gst per scrip only on sell |
IIFL Securities Vs CIL Securities - GST
| IIFL Securities | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
IIFL Securities Vs CIL Securities - SEBI Charges
| IIFL Securities | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
IIFL Securities Vs CIL Securities - Account Opening & AMC Charges
IIFL Securities
CIL Securities
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
₹400 from 2nd Year ( 1st Year Free)
Trading Account AMC
₹0 (Free)
₹1000 from 2nd Year ( 1st Year Free)
IIFL Securities Vs CIL Securities
| IIFL Securities | CIL Securities | |
|---|---|---|
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 "+ CIL Securities |
CIL Securities Account Opening Charges and Required Documents Details |
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CIL Securities
CIL Securities 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 CIL Securities - Brokerage charges & Plans
| IIFL Securities | CIL Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹20 per order |
| Currency Futures | ₹20/ Order | ₹20 per order |
| Equity Delivery | ₹20/ Order | ₹20 per order |
| Equity Options | ₹20/ Order | ₹20 per order |
| Commodity Options | ₹20/ Order | ₹20 per order |
| Equity Futures | ₹20/ Order | ₹20 per order |
| Currency Options | ₹20/ Order | ₹20 per order |
| Fixed Charges | ₹20/ Order | ₹20 per order |
| Equity Intraday | ₹20/ Order | ₹20 per order |
| Call Back Open Account |
IIFL Securities Vs CIL Securities - Margin (Exposure)
| IIFL Securities | CIL Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
IIFL Securities Vs CIL Securities - Other Charges
| IIFL Securities | CIL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order | ₹20 per order |
| Minimum Brokerage | ₹20/ Order | ₹20 per order |
IIFL Securities Vs CIL Securities - STT/CTT
| IIFL Securities | CIL 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 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 both Buy and Sell |
| Equity Futures | 0.01 % on Sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
IIFL Securities Vs CIL Securities - Demat transaction charges
| IIFL Securities | CIL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹20 + Gst per scrip only on sell |
IIFL Securities Vs CIL Securities - GST
| IIFL Securities | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
IIFL Securities Vs CIL Securities - SEBI Charges
| IIFL Securities | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
IIFL Securities Vs CIL Securities - Features
| IIFL Securities | CIL 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity Cash: 03:20 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. CIL Securities Aero Web, 2. CIL Securities Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |