Zerodha Vs IIFL Securities
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
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 Vs IIFL Securities - Broker Details
Zerodha | IIFL Securities | |
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Single Margin Facility |
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Year of Incorporation | 2010 | 1995 |
Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX. |
Branches | 70 | 2000+ |
Brokerage | 20 Rs/Order | 0.025% |
Broker Type | Discount Broker | Full Service Broker |
Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Account Opening & AMC Charges
Zerodha | IIFL Securities | |
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Trading Account Opening Charge | Rs. 300 in all segment | Rs.250 |
Demat Account Opening Charge | Rs. 300 in all segment | Rs.250 |
Demat Account AMC | Rs. 300 + 18% GST | Rs.0 (1st year Fees) |
Trading Account AMC | Rs.0 (Free) | Rs.0 for the 1st year |
Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Brokerage charges & Plans
Zerodha | IIFL Securities | |
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Commodity Futures | 0.03% or Rs.20/executed whichever is lower | 0.025% |
Currency Futures | 0.03% or Rs. 20/executed order whichever is lower | 0.025% or Rs.20 per lot |
Equity Delivery | Zero brokerage | 0.25% |
Equity Options | Flat Rs. 20/ Executed order | Rs.25 per lot |
Commodity Options | 0.03% or Rs.20/executed whichever is lower | Gold Rs.125| Silver Rs.80| Crude Oil Rs.80 |
Equity Futures | 0.03% or Rs.20/executed order whichever is lower | 0.025% |
Currency Options | 0.03% or Rs. 20/executed order whichever is lower | Rs.8 per lot |
Fixed Charges | Rs. 20/Order | 0.025% |
Equity Intraday | 0.03% or Rs.20/executed order whichever is lower | 0.025% |
Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Other Charges
Zerodha | IIFL Securities | |
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RMS Square Off Charge | Rs.50/Order | Rs.100 |
API Charges | Rs. 2000/Month | All our APIs are available free of cost. |
Call & Trade Charges | Rs. 50 per order | Rs.0 (free) |
Other Brokerage Charges | Physical contact notes: Rs.20, Trade SMS Alerts: Rs.1 per SMS | 0.025% |
Minimum Brokerage | Rs.20/Order | 0.025% |
Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Transaction Charges
Zerodha | IIFL Securities | |
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Currency Options | NSE: Exchange txn charge: 0.035% BSE: Exchange txn charge: 0.001% | Rs.5100 per Cr (0.051%) (On premium) |
Equity Futures | NSE: Exchange txn charge: 0.002% | Rs.210 per Cr (0.0021%) |
Equity Intraday | NSE: 0.00345% BSE; 0.003% | Rs.325 per Cr (0.00325%) |
Equity Options | NSE: Exchange txn charge: 0.053% (on premium) | Rs.5100 per Cr (0.051%) (On Premium) |
Commodity | 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% | Group A- ₹280 per Cr (0.0028%) |
Currency Futures | NSE: Exchange txn charge: 0.0009% BSE: Exchange txn charge: 0.00022% | Rs.210 per Cr (0.0021%) |
Equity Delivery | NSE: 0.00345% BSE; 0.003% | Rs.325 per Cr (0.00325%) |
Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Margin (Exposure)
Zerodha | IIFL Securities | |
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Equity Options | MIS Margin: Total of 25% of SPAN + 100% Exposure, CO Margin: 3.7X(27% of NRML margins) | 3 times for shorting |
Equity Intraday | MIS:50% of the VaR+ ELM +Adhoc mandated by the exchange, CO Margin:30% of the VaR+ ELM +Adhoc mandated by the exchange | Up to 20 times |
Currency Options | Upto 2.5 times | 2 times for shorting |
Commodity Options | Upto 2.5 times | Up to 3 times |
Commodity Futures | MIS Margin: 2X(50% of NRML margins), CO Margin: .33X(30% of NRML margins) | Up to 3 times |
50% of the VaR+ ELM +Adhoc mandated by the exchange | ||
Equity Delivery | 1x (no margin) | Up to 3 times (18% Annual Interest) |
Currency Futures | MIS Margin: 2X(50% of NRML margins), CO Margin: 3.33X(30% of NRML margins) | Up to 2 times |
Equity Futures | MIS Margin: Total of 20% of SPAN+ 100% Exposure, CO Margin: 3.7X(27% of NRML margins) | Up to 3 times |
Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Features
Zerodha | IIFL Securities | |
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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 | Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | NSE/BSE Cash & Futures: 3.15 p.m, NSE Currency Futures: 4.45 p.m, |
Trading Platform | Kite, Kite Mobile, Coin, Console, Sentinel, Varsity Mobile | 1. IIFL Markets App, 2. IIFL TT Web, 3. IIFL Trader Terminal |
SMS Alerts for Trades |
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Direct Mutual Fund |
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Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Review & Rating
Zerodha | IIFL Securities | |
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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 Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Request a call back from Broker
Zerodha | IIFL Securities | |
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Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Investment Options
Zerodha | IIFL Securities | |
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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 Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Order Type
Zerodha | IIFL Securities | |
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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 Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Research & Report
Zerodha | IIFL Securities | |
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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 Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Daily Market Report
Zerodha | IIFL Securities | |
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Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Compare Stock Brokers Review | ||
Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Suitable For Investor
Zerodha | IIFL Securities | |
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Casual Investor |
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Active Investor |
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Trader |
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Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Pros & Cons
Zerodha | IIFL Securities | |
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Pros | 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. | 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). |
Cons | 1. It does not provide a three-in one demat account. 2. It charges Rs.20 per trade in Call and Trade segment | 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. |
Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Background
Zerodha | IIFL Securities | |
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Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Compare All Brokers
Zerodha | IIFL Securities | |
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Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Account Opening & AMC Charges
Zerodha Vs IIFL Securities
Zerodha | IIFL Securities | |
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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 .. + " Vs "+ IIFL Securities |
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 .. |
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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 Vs IIFL Securities - Brokerage charges & Plans
Zerodha | IIFL Securities | |
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Commodity Futures | 0.03% or Rs.20/executed whichever is lower | 0.025% |
Currency Futures | 0.03% or Rs. 20/executed order whichever is lower | 0.025% or Rs.20 per lot |
Equity Delivery | Zero brokerage | 0.25% |
Equity Options | Flat Rs. 20/ Executed order | Rs.25 per lot |
Commodity Options | 0.03% or Rs.20/executed whichever is lower | Gold Rs.125| Silver Rs.80| Crude Oil Rs.80 |
Equity Futures | 0.03% or Rs.20/executed order whichever is lower | 0.025% |
Currency Options | 0.03% or Rs. 20/executed order whichever is lower | Rs.8 per lot |
Fixed Charges | Rs. 20/Order | 0.025% |
Equity Intraday | 0.03% or Rs.20/executed order whichever is lower | 0.025% |
Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Margin (Exposure)
Zerodha | IIFL Securities | |
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Equity Options | MIS Margin: Total of 25% of SPAN + 100% Exposure, CO Margin: 3.7X(27% of NRML margins) | 3 times for shorting |
Equity Intraday | MIS:50% of the VaR+ ELM +Adhoc mandated by the exchange, CO Margin:30% of the VaR+ ELM +Adhoc mandated by the exchange | Up to 20 times |
Currency Options | Upto 2.5 times | 2 times for shorting |
Commodity Options | Upto 2.5 times | Up to 3 times |
Commodity Futures | MIS Margin: 2X(50% of NRML margins), CO Margin: .33X(30% of NRML margins) | Up to 3 times |
50% of the VaR+ ELM +Adhoc mandated by the exchange | ||
Equity Delivery | 1x (no margin) | Up to 3 times (18% Annual Interest) |
Currency Futures | MIS Margin: 2X(50% of NRML margins), CO Margin: 3.33X(30% of NRML margins) | Up to 2 times |
Equity Futures | MIS Margin: Total of 20% of SPAN+ 100% Exposure, CO Margin: 3.7X(27% of NRML margins) | Up to 3 times |
Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Other Charges
Zerodha | IIFL Securities | |
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RMS Square Off Charge | Rs.50/Order | Rs.100 |
API Charges | Rs. 2000/Month | All our APIs are available free of cost. |
Call & Trade Charges | Rs. 50 per order | Rs.0 (free) |
Other Brokerage Charges | Physical contact notes: Rs.20, Trade SMS Alerts: Rs.1 per SMS | 0.025% |
Minimum Brokerage | Rs.20/Order | 0.025% |
Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |
Zerodha Vs IIFL Securities - Features
Zerodha | IIFL Securities | |
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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 | Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | NSE/BSE Cash & Futures: 3.15 p.m, NSE Currency Futures: 4.45 p.m, |
Trading Platform | Kite, Kite Mobile, Coin, Console, Sentinel, Varsity Mobile | 1. IIFL Markets App, 2. IIFL TT Web, 3. IIFL Trader Terminal |
SMS Alerts for Trades |
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Direct Mutual Fund |
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Enquiry with Zerodha Open Account | Enquiry with IIFL Securities Open Account |