IIFL Securities Vs Maitra
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.
Maitra
Maitra Commodities 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 Maitra - Broker Details
| IIFL Securities | Maitra | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 2012 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | 2000+ | N/A |
| Brokerage | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Broker Type | Full Service Broker | Full Service Broker |
IIFL Securities Vs Maitra - Account Opening & AMC Charges
| IIFL Securities | Maitra | |
|---|---|---|
| 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 + 18% GST |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
IIFL Securities Vs Maitra - Brokerage charges & Plans
| IIFL Securities | Maitra | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Currency Futures | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Delivery | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Options | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Commodity Options | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Futures | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Currency Options | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Fixed Charges | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Intraday | ₹20/ Order | ₹5/Lot Or ₹20/Order |
IIFL Securities Vs Maitra - Other Charges
| IIFL Securities | Maitra | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Minimum Brokerage | ₹20/ Order | ₹5/Lot Or ₹20/Order |
IIFL Securities Vs Maitra - Transaction Charges
| IIFL Securities | Maitra | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | 0.053% |
| Equity Futures | NSE: 0.00195% on Total Turnover value | 0.0019% |
| 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% | 0.00325% |
| Equity Options | NSE: 0.053% on Premium value | 0.05% |
| 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 | 0.0026% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | 0.0026% |
| 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% | 0.00325% |
IIFL Securities Vs Maitra - Margin (Exposure)
| IIFL Securities | Maitra | |
|---|---|---|
| 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 Maitra - Features
| IIFL Securities | Maitra | |
|---|---|---|
| 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: 03:21 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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IIFL Securities Vs Maitra - Review & Rating
| IIFL Securities | Maitra | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
IIFL Securities Vs Maitra - Request a call back from Broker
| IIFL Securities | Maitra | |
|---|---|---|
IIFL Securities Vs Maitra - Investment Options
| IIFL Securities | Maitra | |
|---|---|---|
| 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 Maitra - Order Type
| IIFL Securities | Maitra | |
|---|---|---|
| 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 Maitra - Research & Report
| IIFL Securities | Maitra | |
|---|---|---|
| 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 Maitra - Daily Market Report
| IIFL Securities | Maitra | |
|---|---|---|
| Daily Market Reports & News |
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IIFL Securities Vs Maitra - Suitable For Investor
| IIFL Securities | Maitra | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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IIFL Securities Vs Maitra - Pros & Cons
| IIFL Securities | Maitra | |
|---|---|---|
| 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 Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
IIFL Securities Vs Maitra - Background
| IIFL Securities | Maitra | |
|---|---|---|
IIFL Securities Vs Maitra - Compare All Brokers
| IIFL Securities | Maitra | |
|---|---|---|
IIFL Securities Vs Maitra - STT/CTT
| IIFL Securities | Maitra | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% |
| 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% |
| 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 Maitra - Demat transaction charges
| IIFL Securities | Maitra | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | N/A |
IIFL Securities Vs Maitra - GST
| IIFL Securities | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
IIFL Securities Vs Maitra - SEBI Charges
| IIFL Securities | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
IIFL Securities Vs Maitra - Account Opening & AMC Charges
IIFL Securities
Maitra
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 + 18% GST
Trading Account AMC
₹0 (Free)
₹0 (Free)
IIFL Securities Vs Maitra
| IIFL Securities | Maitra | |
|---|---|---|
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 "+ Maitra |
Maitra Account Opening Process, Charges, and Required Documents Details |
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Maitra
Maitra Commodities 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 Maitra - Brokerage charges & Plans
| IIFL Securities | Maitra | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Currency Futures | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Delivery | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Options | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Commodity Options | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Futures | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Currency Options | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Fixed Charges | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Intraday | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Call Back Open Account |
IIFL Securities Vs Maitra - Margin (Exposure)
| IIFL Securities | Maitra | |
|---|---|---|
| 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 Maitra - Other Charges
| IIFL Securities | Maitra | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Minimum Brokerage | ₹20/ Order | ₹5/Lot Or ₹20/Order |
IIFL Securities Vs Maitra - STT/CTT
| IIFL Securities | Maitra | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% |
| 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% |
| 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 Maitra - Demat transaction charges
| IIFL Securities | Maitra | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | N/A |
IIFL Securities Vs Maitra - GST
| IIFL Securities | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
IIFL Securities Vs Maitra - SEBI Charges
| IIFL Securities | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
IIFL Securities Vs Maitra - Features
| IIFL Securities | Maitra | |
|---|---|---|
| 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 Cash: 03:21 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |