IIFL Securities Vs Fisdom
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.
Fisdom
Fisdom 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 Fisdom - Broker Details
| IIFL Securities | Fisdom | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, and NCDEX |
| Branches | 2000+ | 15+ |
| Brokerage | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Broker Type | Full Service Broker | Discount Broker |
IIFL Securities Vs Fisdom - Account Opening & AMC Charges
| IIFL Securities | Fisdom | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free) |
| Demat Account AMC | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards | Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime |
| Trading Account AMC | ₹0 (Free) | NA |
IIFL Securities Vs Fisdom - Brokerage charges & Plans
| IIFL Securities | Fisdom | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Delivery | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% |
| Equity Options | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Currency Options | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Fixed Charges | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Intraday | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
IIFL Securities Vs Fisdom - Other Charges
| IIFL Securities | Fisdom | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹50 per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Minimum Brokerage | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
IIFL Securities Vs Fisdom - Transaction Charges
| IIFL Securities | Fisdom | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE: 0.053% (on premium) |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: 0.002% |
| 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: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.053% on Premium value | 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 | 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: 0.002% |
| 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: 0.00345% | BSE: 0.00345% |
IIFL Securities Vs Fisdom - Margin (Exposure)
| IIFL Securities | Fisdom | |
|---|---|---|
| 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) |
IIFL Securities Vs Fisdom - Features
| IIFL Securities | Fisdom | |
|---|---|---|
| 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 & F&O:- 3:15 PM | Currency: 4:20 PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1. Fisdom Mobile App, 2. Fisdom Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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IIFL Securities Vs Fisdom - Review & Rating
| IIFL Securities | Fisdom | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
IIFL Securities Vs Fisdom - Request a call back from Broker
| IIFL Securities | Fisdom | |
|---|---|---|
IIFL Securities Vs Fisdom - Investment Options
| IIFL Securities | Fisdom | |
|---|---|---|
| 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 Fisdom - Order Type
| IIFL Securities | Fisdom | |
|---|---|---|
| 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 Fisdom - Research & Report
| IIFL Securities | Fisdom | |
|---|---|---|
| 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 Fisdom - Daily Market Report
| IIFL Securities | Fisdom | |
|---|---|---|
| Daily Market Reports & News |
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IIFL Securities Vs Fisdom - Suitable For Investor
| IIFL Securities | Fisdom | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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IIFL Securities Vs Fisdom - Pros & Cons
| IIFL Securities | Fisdom | |
|---|---|---|
| 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 trading platform 2.It provides the most advanced trading platforms. 3. Wide Range of Financial Products. 4.Competitive Pricing 5. It has the best team for research analysts that provides various research reports and tips. |
| 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. It does not facilitate its customers with the 3-in-1 demat account. 2.The charges for call and trade is ₹20. 3. Fisdom charges high fees or has hidden costs. |
IIFL Securities Vs Fisdom - Background
| IIFL Securities | Fisdom | |
|---|---|---|
IIFL Securities Vs Fisdom - Compare All Brokers
| IIFL Securities | Fisdom | |
|---|---|---|
IIFL Securities Vs Fisdom - STT/CTT
| IIFL Securities | Fisdom | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | 0.05% only on sell side |
IIFL Securities Vs Fisdom - Demat transaction charges
| IIFL Securities | Fisdom | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹15 per scrip per day |
IIFL Securities Vs Fisdom - GST
| IIFL Securities | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
IIFL Securities Vs Fisdom - SEBI Charges
| IIFL Securities | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
IIFL Securities Vs Fisdom - Account Opening & AMC Charges
IIFL Securities
Fisdom
Trading Account Opening Charge
₹0 (Free)
Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free)
Demat Account AMC
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime
Trading Account AMC
₹0 (Free)
NA
IIFL Securities Vs Fisdom
| IIFL Securities | Fisdom | |
|---|---|---|
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 "+ Fisdom |
Fisdom Account Opening Process and Charge Details |
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Fisdom
Fisdom 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 Fisdom - Brokerage charges & Plans
| IIFL Securities | Fisdom | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Delivery | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% |
| Equity Options | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Currency Options | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Fixed Charges | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Intraday | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Call Back Open Account |
IIFL Securities Vs Fisdom - Margin (Exposure)
| IIFL Securities | Fisdom | |
|---|---|---|
| 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 Fisdom - Other Charges
| IIFL Securities | Fisdom | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹50 per order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Minimum Brokerage | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
IIFL Securities Vs Fisdom - STT/CTT
| IIFL Securities | Fisdom | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | 0.05% only on sell side |
IIFL Securities Vs Fisdom - Demat transaction charges
| IIFL Securities | Fisdom | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹15 per scrip per day |
IIFL Securities Vs Fisdom - GST
| IIFL Securities | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
IIFL Securities Vs Fisdom - SEBI Charges
| IIFL Securities | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
IIFL Securities Vs Fisdom - Features
| IIFL Securities | Fisdom | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency: 4:20 PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1. Fisdom Mobile App, 2. Fisdom Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |