Adroit Financial Vs IIFL Securities
Adroit Financial
Adroit Financial 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.
Adroit Financial Vs IIFL Securities - Broker Details
| Adroit Financial | IIFL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1994 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 4 | 2000+ |
| Brokerage | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
| Broker Type | Full Service Broker | Full Service Broker |
Adroit Financial Vs IIFL Securities - Account Opening & AMC Charges
| Adroit Financial | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 per Year | ₹1000 for Lifetime | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Adroit Financial Vs IIFL Securities - Brokerage charges & Plans
| Adroit Financial | IIFL Securities | |
|---|---|---|
| Commodity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
| Currency Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
| Equity Delivery | Online Account - 0.30% per order | Offline Account - 0.40% per order | ₹20/ Order |
| Equity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹20/ Order |
| Commodity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹20/ Order |
| Equity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
| Currency Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹20/ Order |
| Fixed Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
| Equity Intraday | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
Adroit Financial Vs IIFL Securities - Other Charges
| Adroit Financial | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
| Minimum Brokerage | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
Adroit Financial Vs IIFL Securities - Transaction Charges
| Adroit Financial | IIFL Securities | |
|---|---|---|
| Currency Options | NSE ₹4400/Cr (0.044%) (on premium) | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE ₹210/Cr (0.0021%) | BSE ₹1/ trade (each side) | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) | 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% |
| Equity Options | NSE ₹5300/Cr (0.053%) | BSE ₹1/trade (each side) | NSE: 0.053% on Premium value |
| Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | 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 |
| Currency Futures | NSE ₹135/Cr (0.00135%) | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹1/trade (each side) | 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% |
Adroit Financial Vs IIFL Securities - Margin (Exposure)
| Adroit Financial | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Adroit Financial Vs IIFL Securities - Features
| Adroit Financial | IIFL Securities | |
|---|---|---|
| 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 & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN Software | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Adroit Financial Vs IIFL Securities - Review & Rating
| Adroit Financial | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Adroit Financial Vs IIFL Securities - Request a call back from Broker
| Adroit Financial | IIFL Securities | |
|---|---|---|
Adroit Financial Vs IIFL Securities - Investment Options
| Adroit Financial | IIFL Securities | |
|---|---|---|
| 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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Adroit Financial Vs IIFL Securities - Order Type
| Adroit Financial | IIFL Securities | |
|---|---|---|
| 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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Adroit Financial Vs IIFL Securities - Research & Report
| Adroit Financial | 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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Adroit Financial Vs IIFL Securities - Daily Market Report
| Adroit Financial | IIFL Securities | |
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| Daily Market Reports & News |
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Adroit Financial Vs IIFL Securities - Suitable For Investor
| Adroit Financial | IIFL Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Adroit Financial Vs IIFL Securities - Pros & Cons
| Adroit Financial | IIFL Securities | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm. 2. Analyzes user data for better financial decision-making. 3.Excellent customer service and support,3. Investment opportunities in group of stocks through Thematic Investing. 4. Wide range of investment options 5. It provides free access of regular markets to its 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. Market volatility and potential investment risks, 2. Different fintech platforms may not seamlessly work together, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Different fintech platforms may not seamlessly work together., 6. Potential for high trading fees and expenses. | 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. |
Adroit Financial Vs IIFL Securities - Background
| Adroit Financial | IIFL Securities | |
|---|---|---|
Adroit Financial Vs IIFL Securities - Compare All Brokers
| Adroit Financial | IIFL Securities | |
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Adroit Financial Vs IIFL Securities - STT/CTT
| Adroit Financial | IIFL Securities | |
|---|---|---|
| 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 the Sell Side | 0.025% on Sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Adroit Financial Vs IIFL Securities - Demat transaction charges
| Adroit Financial | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Adroit Financial Vs IIFL Securities - GST
| Adroit Financial | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Adroit Financial Vs IIFL Securities - SEBI Charges
| Adroit Financial | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Adroit Financial Vs IIFL Securities - Account Opening & AMC Charges
Adroit Financial
IIFL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 per Year | ₹1000 for Lifetime
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
₹0 (Free)
₹0 (Free)
Adroit Financial Vs IIFL Securities
| Adroit Financial | IIFL Securities | |
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Adroit Financial Account Opening Process and Charges |
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 .. |
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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.
Adroit Financial Vs IIFL Securities - Brokerage charges & Plans
| Adroit Financial | IIFL Securities | |
|---|---|---|
| Commodity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
| Currency Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
| Equity Delivery | Online Account - 0.30% per order | Offline Account - 0.40% per order | ₹20/ Order |
| Equity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹20/ Order |
| Commodity Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹20/ Order |
| Equity Futures | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
| Currency Options | Online Account - ₹50 per lot | Offline Account - ₹50 per lot | ₹20/ Order |
| Fixed Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
| Equity Intraday | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
| Call Back Open Account |
Adroit Financial Vs IIFL Securities - Margin (Exposure)
| Adroit Financial | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Adroit Financial Vs IIFL Securities - Other Charges
| Adroit Financial | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20/Order | ₹0 (Free) |
| Other Brokerage Charges | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
| Minimum Brokerage | Online Account - 0.03% per order | Offline Account - 0.04% per order | ₹20/ Order |
Adroit Financial Vs IIFL Securities - STT/CTT
| Adroit Financial | IIFL Securities | |
|---|---|---|
| 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 the Sell Side | 0.025% on Sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Adroit Financial Vs IIFL Securities - Demat transaction charges
| Adroit Financial | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Adroit Financial Vs IIFL Securities - GST
| Adroit Financial | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Adroit Financial Vs IIFL Securities - SEBI Charges
| Adroit Financial | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Adroit Financial Vs IIFL Securities - Features
| Adroit Financial | IIFL Securities | |
|---|---|---|
| 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 & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. TradeWhiz Mobile App, 2. Adroit Aero We, 3. Adroit ODIN Software | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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