IIFL Securities Vs Zerodha
IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Zerodha
Zerodha Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software. In Zerodha review we can also review Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages. Zerodha is the biggest stock broker in India in terms of the highest active clients with 3+ Million clients. It was founded by Nitin Kamath, the CEO of Zerodha. They started their operations from 15th August 2010 in Bangalore. The only motive on which Zerodha focused on was to break the barriers that traders and investors usually face in terms of cost, support, technology and other trading platforms. The pricing structure and in-house technology of Zerodha successfully stands out and this makes it the largest stock broker in India. Zerodha Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account
IIFL Securities Vs Zerodha - Broker Details
IIFL Securities | Zerodha | |
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Single Margin Facility |
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Year of Incorporation | 1995 | 2010 |
Exchanges | NSE, BSE, MCX and NCDEX. | NSE, BSE, MCX and NCDEX |
Branches | 2000+ | 70 |
Brokerage | 0.025% | 20 Rs/Order |
Broker Type | Full Service Broker | Discount Broker |
Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Account Opening & AMC Charges
IIFL Securities | Zerodha | |
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Trading Account Opening Charge | Rs.250 | Rs. 300 in all segment |
Demat Account Opening Charge | Rs.250 | Rs. 300 in all segment |
Demat Account AMC | Rs.0 (1st year Fees) | Rs. 300 + 18% GST |
Trading Account AMC | Rs.0 for the 1st year | Rs.0 (Free) |
Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Brokerage charges & Plans
IIFL Securities | Zerodha | |
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Commodity Futures | 0.025% | 0.03% or Rs.20/executed whichever is lower |
Currency Futures | 0.025% or Rs.20 per lot | 0.03% or Rs. 20/executed order whichever is lower |
Equity Delivery | 0.25% | Zero brokerage |
Equity Options | Rs.25 per lot | Flat Rs. 20/ Executed order |
Commodity Options | Gold Rs.125| Silver Rs.80| Crude Oil Rs.80 | 0.03% or Rs.20/executed whichever is lower |
Equity Futures | 0.025% | 0.03% or Rs.20/executed order whichever is lower |
Currency Options | Rs.8 per lot | 0.03% or Rs. 20/executed order whichever is lower |
Fixed Charges | 0.025% | Rs. 20/Order |
Equity Intraday | 0.025% | 0.03% or Rs.20/executed order whichever is lower |
Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Other Charges
IIFL Securities | Zerodha | |
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RMS Square Off Charge | Rs.100 | Rs.50/Order |
API Charges | All our APIs are available free of cost. | Rs. 2000/Month |
Call & Trade Charges | Rs.0 (free) | Rs. 50 per order |
Other Brokerage Charges | 0.025% | Physical contact notes: Rs.20, Trade SMS Alerts: Rs.1 per SMS |
Minimum Brokerage | 0.025% | Rs.20/Order |
Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Transaction Charges
IIFL Securities | Zerodha | |
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Currency Options | Rs.5100 per Cr (0.051%) (On premium) | NSE: Exchange txn charge: 0.035% BSE: Exchange txn charge: 0.001% |
Equity Futures | Rs.210 per Cr (0.0021%) | NSE: Exchange txn charge: 0.002% |
Equity Intraday | Rs.325 per Cr (0.00325%) | NSE: 0.00345% BSE; 0.003% |
Equity Options | Rs.5100 per Cr (0.051%) (On Premium) | NSE: Exchange txn charge: 0.053% (on premium) |
Commodity | Group A- ₹280 per Cr (0.0028%) | Group A Exchange txn charges: 0.0026% *Far-month contracts: 0.0013% Group B: Exchange txn charge: CASTORSEED - 0.0005% KAPAS - 0.0005% PEPPER – 0.00005% REDPMOLEIN – 0.001% |
Currency Futures | Rs.210 per Cr (0.0021%) | NSE: Exchange txn charge: 0.0009% BSE: Exchange txn charge: 0.00022% |
Equity Delivery | Rs.325 per Cr (0.00325%) | NSE: 0.00345% BSE; 0.003% |
Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Margin (Exposure)
IIFL Securities | Zerodha | |
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Equity Options | 3 times for shorting | MIS Margin: Total of 25% of SPAN + 100% Exposure, CO Margin: 3.7X(27% of NRML margins) |
Equity Intraday | Up to 20 times | MIS:50% of the VaR+ ELM +Adhoc mandated by the exchange, CO Margin:30% of the VaR+ ELM +Adhoc mandated by the exchange |
Currency Options | 2 times for shorting | Upto 2.5 times |
Commodity Options | Up to 3 times | Upto 2.5 times |
Commodity Futures | Up to 3 times | MIS Margin: 2X(50% of NRML margins), CO Margin: .33X(30% of NRML margins) |
50% of the VaR+ ELM +Adhoc mandated by the exchange | ||
Equity Delivery | Up to 3 times (18% Annual Interest) | 1x (no margin) |
Currency Futures | Up to 2 times | MIS Margin: 2X(50% of NRML margins), CO Margin: 3.33X(30% of NRML margins) |
Equity Futures | Up to 3 times | MIS Margin: Total of 20% of SPAN+ 100% Exposure, CO Margin: 3.7X(27% of NRML margins) |
Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Features
IIFL Securities | Zerodha | |
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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 | NSE/BSE Cash & Futures: 3.15 p.m, NSE Currency Futures: 4.45 p.m, | Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
Trading Platform | 1. IIFL Markets App, 2. IIFL TT Web, 3. IIFL Trader Terminal | Kite, Kite Mobile, Coin, Console, Sentinel, Varsity Mobile |
SMS Alerts for Trades |
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Direct Mutual Fund |
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Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Review & Rating
IIFL Securities | Zerodha | |
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Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | Zerodha is rated 3.7 of 5 | |
Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Request a call back from Broker
IIFL Securities | Zerodha | |
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Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Investment Options
IIFL Securities | Zerodha | |
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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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Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Order Type
IIFL Securities | Zerodha | |
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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 |
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After Market Order(AMO) |
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STBT |
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Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Research & Report
IIFL Securities | Zerodha | |
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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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Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Daily Market Report
IIFL Securities | Zerodha | |
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Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Suitable For Investor
IIFL Securities | Zerodha | |
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Casual Investor |
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Active Investor |
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Trader |
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Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Pros & Cons
IIFL Securities | Zerodha | |
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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. It charges zero brokerage for Delivery. 2. It provides same pricing structure for across all the exchanges. 3. It charges no upfront fee or turnover commitment. 4. It provides Z-Connect, Interactive blog, and portal for all the other queries. 5. It requires no minimum balance to open a trading account with Zerodha. 6. It provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. |
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 provide a three-in one demat account. 2. It charges Rs.20 per trade in Call and Trade segment |
Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Background
IIFL Securities | Zerodha | |
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Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Compare All Brokers
IIFL Securities | Zerodha | |
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Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Account Opening & AMC Charges
IIFL Securities Vs Zerodha
IIFL Securities | Zerodha | |
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IIFL Securities NRI Account ReviewIIFL Securities is a part of IIFL Group and was incorporated in 1995. 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 service provider in that provides a broad range of services. It is the highly recognised brand for the quality of advice, personalized serv .. + " Vs "+ Zerodha |
Zerodha NRI Account Opening and ReviewZerodha is the biggest stock broker in India in terms of the highest active clients. It was founded by Nitin Kamath, the CEO of Zerodha. They started their .. |
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Zerodha
Zerodha Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software. In Zerodha review we can also review Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages. Zerodha is the biggest stock broker in India in terms of the highest active clients with 3+ Million clients. It was founded by Nitin Kamath, the CEO of Zerodha. They started their operations from 15th August 2010 in Bangalore. The only motive on which Zerodha focused on was to break the barriers that traders and investors usually face in terms of cost, support, technology and other trading platforms. The pricing structure and in-house technology of Zerodha successfully stands out and this makes it the largest stock broker in India. Zerodha Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account
IIFL Securities Vs Zerodha - Brokerage charges & Plans
IIFL Securities | Zerodha | |
---|---|---|
Commodity Futures | 0.025% | 0.03% or Rs.20/executed whichever is lower |
Currency Futures | 0.025% or Rs.20 per lot | 0.03% or Rs. 20/executed order whichever is lower |
Equity Delivery | 0.25% | Zero brokerage |
Equity Options | Rs.25 per lot | Flat Rs. 20/ Executed order |
Commodity Options | Gold Rs.125| Silver Rs.80| Crude Oil Rs.80 | 0.03% or Rs.20/executed whichever is lower |
Equity Futures | 0.025% | 0.03% or Rs.20/executed order whichever is lower |
Currency Options | Rs.8 per lot | 0.03% or Rs. 20/executed order whichever is lower |
Fixed Charges | 0.025% | Rs. 20/Order |
Equity Intraday | 0.025% | 0.03% or Rs.20/executed order whichever is lower |
Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Margin (Exposure)
IIFL Securities | Zerodha | |
---|---|---|
Equity Options | 3 times for shorting | MIS Margin: Total of 25% of SPAN + 100% Exposure, CO Margin: 3.7X(27% of NRML margins) |
Equity Intraday | Up to 20 times | MIS:50% of the VaR+ ELM +Adhoc mandated by the exchange, CO Margin:30% of the VaR+ ELM +Adhoc mandated by the exchange |
Currency Options | 2 times for shorting | Upto 2.5 times |
Commodity Options | Up to 3 times | Upto 2.5 times |
Commodity Futures | Up to 3 times | MIS Margin: 2X(50% of NRML margins), CO Margin: .33X(30% of NRML margins) |
50% of the VaR+ ELM +Adhoc mandated by the exchange | ||
Equity Delivery | Up to 3 times (18% Annual Interest) | 1x (no margin) |
Currency Futures | Up to 2 times | MIS Margin: 2X(50% of NRML margins), CO Margin: 3.33X(30% of NRML margins) |
Equity Futures | Up to 3 times | MIS Margin: Total of 20% of SPAN+ 100% Exposure, CO Margin: 3.7X(27% of NRML margins) |
Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Other Charges
IIFL Securities | Zerodha | |
---|---|---|
RMS Square Off Charge | Rs.100 | Rs.50/Order |
API Charges | All our APIs are available free of cost. | Rs. 2000/Month |
Call & Trade Charges | Rs.0 (free) | Rs. 50 per order |
Other Brokerage Charges | 0.025% | Physical contact notes: Rs.20, Trade SMS Alerts: Rs.1 per SMS |
Minimum Brokerage | 0.025% | Rs.20/Order |
Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |
IIFL Securities Vs Zerodha - Features
IIFL Securities | Zerodha | |
---|---|---|
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 | NSE/BSE Cash & Futures: 3.15 p.m, NSE Currency Futures: 4.45 p.m, | Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
Trading Platform | 1. IIFL Markets App, 2. IIFL TT Web, 3. IIFL Trader Terminal | Kite, Kite Mobile, Coin, Console, Sentinel, Varsity Mobile |
SMS Alerts for Trades |
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Direct Mutual Fund |
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Enquiry with IIFL Securities Open Account | Enquiry with Zerodha Open Account |