IIFL Securities Vs Parim Finserv
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.
Parim Finserv
Parim Finserv 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 Parim Finserv - Broker Details
| IIFL Securities | Parim Finserv | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | N/A |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX. |
| Branches | 2000+ | 146 |
| Brokerage | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Broker Type | Full Service Broker | Discount Broker |
IIFL Securities Vs Parim Finserv - Account Opening & AMC Charges
| IIFL Securities | Parim Finserv | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹325 + 15% Service Tax |
| Demat Account Opening Charge | ₹0 (Free) | ₹325 + 15% Service Tax |
| Demat Account AMC | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards | ₹1375/- Lifetime AMC |
| Trading Account AMC | ₹0 (Free) | NA |
IIFL Securities Vs Parim Finserv - Brokerage charges & Plans
| IIFL Securities | Parim Finserv | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Delivery | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Options | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Commodity Options | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Futures | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Currency Options | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Fixed Charges | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Intraday | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
IIFL Securities Vs Parim Finserv - Other Charges
| IIFL Securities | Parim Finserv | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20 per order |
| Other Brokerage Charges | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Minimum Brokerage | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
IIFL Securities Vs Parim Finserv - Transaction Charges
| IIFL Securities | Parim Finserv | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE: Exchange txn charge: 0.035% |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: 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% | BSE: 0.00375% | NSE: 0.00325% |
| Equity Options | NSE: 0.053% on Premium value | NSE: 0.050% |
| 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 | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE: Exchange txn charge: 0.0009% |
| 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% | BSE: 0.00375% | NSE: 0.00325% |
IIFL Securities Vs Parim Finserv - Margin (Exposure)
| IIFL Securities | Parim Finserv | |
|---|---|---|
| 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) |
IIFL Securities Vs Parim Finserv - Features
| IIFL Securities | Parim Finserv | |
|---|---|---|
| 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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IIFL Securities Vs Parim Finserv - Review & Rating
| IIFL Securities | Parim Finserv | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
IIFL Securities Vs Parim Finserv - Request a call back from Broker
| IIFL Securities | Parim Finserv | |
|---|---|---|
IIFL Securities Vs Parim Finserv - Investment Options
| IIFL Securities | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Order Type
| IIFL Securities | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Research & Report
| IIFL Securities | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Daily Market Report
| IIFL Securities | Parim Finserv | |
|---|---|---|
| Daily Market Reports & News |
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IIFL Securities Vs Parim Finserv - Suitable For Investor
| IIFL Securities | Parim Finserv | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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IIFL Securities Vs Parim Finserv - Pros & Cons
| IIFL Securities | Parim Finserv | |
|---|---|---|
| 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. offer a variety of investment options 2. Real-time market data and analysis tools. 3. It provides education facility to its customers. 4. It avails its customers with refer and earn program. 5. good customer service, 6. Market and historical data available. |
| 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.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3. Compared to other discount brokers exchange transaction charges are also very high. 4. Technology and Platforms 5. Parim Finserve offers such services, advantageous for investors looking for expert insights. |
IIFL Securities Vs Parim Finserv - Background
| IIFL Securities | Parim Finserv | |
|---|---|---|
IIFL Securities Vs Parim Finserv - Compare All Brokers
| IIFL Securities | Parim Finserv | |
|---|---|---|
IIFL Securities Vs Parim Finserv - STT/CTT
| IIFL Securities | Parim Finserv | |
|---|---|---|
| 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
IIFL Securities Vs Parim Finserv - Demat transaction charges
| IIFL Securities | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - GST
| IIFL Securities | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on ( Brokerage + Transaction Charge) |
IIFL Securities Vs Parim Finserv - SEBI Charges
| IIFL Securities | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
IIFL Securities Vs Parim Finserv - Account Opening & AMC Charges
IIFL Securities
Parim Finserv
Trading Account Opening Charge
₹0 (Free)
₹325 + 15% Service Tax
Demat Account Opening Charge
₹0 (Free)
₹325 + 15% Service Tax
Demat Account AMC
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
₹1375/- Lifetime AMC
Trading Account AMC
₹0 (Free)
NA
IIFL Securities Vs Parim Finserv
| IIFL Securities | Parim Finserv | |
|---|---|---|
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 "+ Parim Finserv |
Parim Finserve Account Opening Charges |
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Parim Finserv
Parim Finserv 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 Parim Finserv - Brokerage charges & Plans
| IIFL Securities | Parim Finserv | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Delivery | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Options | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Commodity Options | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Futures | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Currency Options | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Fixed Charges | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Intraday | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Call Back Open Account |
IIFL Securities Vs Parim Finserv - Margin (Exposure)
| IIFL Securities | Parim Finserv | |
|---|---|---|
| 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 |
IIFL Securities Vs Parim Finserv - Other Charges
| IIFL Securities | Parim Finserv | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20 per order |
| Other Brokerage Charges | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Minimum Brokerage | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
IIFL Securities Vs Parim Finserv - STT/CTT
| IIFL Securities | Parim Finserv | |
|---|---|---|
| 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 | 0.0125% on sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
IIFL Securities Vs Parim Finserv - Demat transaction charges
| IIFL Securities | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - GST
| IIFL Securities | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on ( Brokerage + Transaction Charge) |
IIFL Securities Vs Parim Finserv - SEBI Charges
| IIFL Securities | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
IIFL Securities Vs Parim Finserv - Features
| IIFL Securities | Parim Finserv | |
|---|---|---|
| Online Portfolio |
|
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| 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |