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Comparision (IIFL Securities VS Groww)

 

IIFL Securities Vs Groww

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.


Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

IIFL Securities Vs Groww - Broker Details

IIFL Securities Groww
Single Margin Facility
Year of Incorporation 1995 2016
Exchanges NSE, BSE, MCX and NCDEX NSE and BSE.
Branches 2000+ Zero
Brokerage ₹20/ Order ₹20/ Order
Broker Type Full Service Broker Discount Broker
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Account Opening & AMC Charges

IIFL Securities Groww
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 ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Brokerage charges & Plans

IIFL Securities Groww
Commodity Futures ₹20/ Order N/A
Currency Futures ₹20/ Order N/A
Equity Delivery ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Commodity Options ₹20/ Order N/A
Equity Futures ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/ Order N/A
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Other Charges

IIFL Securities Groww
RMS Square Off Charge ₹50/ Order ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) N/A
Other Brokerage Charges ₹20/ Order ₹20/ Order or 0.05%
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Transaction Charges

IIFL Securities Groww
Currency Options NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% N/A
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% N/A
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%
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Margin (Exposure)

IIFL Securities Groww
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Features

IIFL Securities Groww
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 & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Review & Rating

IIFL Securities Groww
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

IIFL Securities Vs Groww - Request a call back from Broker

IIFL Securities Groww
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Investment Options

IIFL Securities Groww
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Order Type

IIFL Securities Groww
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

IIFL Securities Vs Groww - Research & Report

IIFL Securities Groww
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Daily Market Report

IIFL Securities Groww
Daily Market Reports & News
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Suitable For Investor

IIFL Securities Groww
Casual Investor
Active Investor
Trader
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Pros & Cons

IIFL Securities Groww
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.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option.
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.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth.
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Background

IIFL Securities Groww
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Compare All Brokers

IIFL Securities Groww
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - STT/CTT

IIFL Securities Groww
Commodity Futures 0.01% on Sell Side Non-Agri N/A
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
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 N/A
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Demat transaction charges

IIFL Securities Groww
Equity Demat Transaction Charges Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell ₹13.5 Gst per scrip per day only on sell
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - GST

IIFL Securities Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% ( Brokerage + Transaction charges)
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - SEBI Charges

IIFL Securities Groww
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Account Opening & AMC Charges

IIFL Securities
Groww
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
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)

IIFL Securities Vs Groww

IIFL Securities Groww
 

IIFL Securities Review | Features and Brokerage Plans

IIFL 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 "+ Groww

Groww Review | Brokerage Charges, Account Opening


Groww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application ..
 
 

Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

IIFL Securities Vs Groww - Brokerage charges & Plans

IIFL Securities Groww
Commodity Futures ₹20/ Order N/A
Currency Futures ₹20/ Order N/A
Equity Delivery ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Commodity Options ₹20/ Order N/A
Equity Futures ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/ Order N/A
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Margin (Exposure)

IIFL Securities Groww
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Other Charges

IIFL Securities Groww
RMS Square Off Charge ₹50/ Order ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) N/A
Other Brokerage Charges ₹20/ Order ₹20/ Order or 0.05%
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - STT/CTT

IIFL Securities Groww
Commodity Futures 0.01% on Sell Side Non-Agri N/A
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
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 N/A
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Demat transaction charges

IIFL Securities Groww
Equity Demat Transaction Charges Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell ₹13.5 Gst per scrip per day only on sell
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - GST

IIFL Securities Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% ( Brokerage + Transaction charges)
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - SEBI Charges

IIFL Securities Groww
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore
Call Back Open Account Call Back Open Account

IIFL Securities Vs Groww - Features

IIFL Securities Groww
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 & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

IIFL Securities

Groww