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Comparision (Zerodha VS IIFL Securities)

 

Zerodha Vs IIFL Securities

Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

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.

Zerodha Vs IIFL Securities - Broker Details

Zerodha IIFL Securities
Single Margin Facility
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
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
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
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
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
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
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 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
Direct Mutual Fund
Enquiry with Zerodha   Open Account Enquiry with IIFL Securities   Open Account

Zerodha Vs IIFL Securities - Review & Rating

Zerodha IIFL Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating Zerodha is rated 3.7 of 5
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Zerodha Vs IIFL Securities - Request a call back from Broker

Zerodha IIFL Securities
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Zerodha Vs IIFL Securities - Investment Options

Zerodha IIFL Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Enquiry with Zerodha   Open Account Enquiry with IIFL Securities   Open Account

Zerodha Vs IIFL Securities - Order Type

Zerodha IIFL Securities
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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Zerodha Vs IIFL Securities - Research & Report

Zerodha IIFL Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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Zerodha Vs IIFL Securities - Daily Market Report

Zerodha IIFL Securities
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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Zerodha Vs IIFL Securities - Suitable For Investor

Zerodha IIFL Securities
Casual Investor
Active Investor
Trader
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Zerodha Vs IIFL Securities - Pros & Cons

Zerodha IIFL Securities
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
Enquiry with Zerodha   Open Account Enquiry with IIFL Securities   Open Account

Zerodha Vs IIFL Securities - Compare All Brokers

Zerodha IIFL Securities
Enquiry with Zerodha   Open Account Enquiry with IIFL Securities   Open Account

Zerodha Vs IIFL Securities - Account Opening & AMC Charges

Zerodha
IIFL Securities
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

Zerodha IIFL Securities
 

Zerodha NRI Account Opening and Review

Zerodha 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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IIFL Securities NRI Account Opening, Charges, Services Review

IIFL 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 o ..
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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.

Zerodha Vs IIFL Securities - Brokerage charges & Plans

Zerodha IIFL Securities
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
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
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
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 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
Direct Mutual Fund
Enquiry with Zerodha   Open Account Enquiry with IIFL Securities   Open Account

Zerodha

IIFL Securities