Gill Broking Vs IIFL Securities
Gill Broking
Gill Broking 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.
Gill Broking Vs IIFL Securities - Broker Details
| Gill Broking | IIFL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2017 | 1995 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 70+ | 2000+ |
| Brokerage | ₹13 per order | ₹20/ Order |
| Broker Type | Discount Broker | Full Service Broker |
Gill Broking Vs IIFL Securities - Account Opening & AMC Charges
| Gill Broking | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) only for First Year | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Gill Broking Vs IIFL Securities - Brokerage charges & Plans
| Gill Broking | IIFL Securities | |
|---|---|---|
| Commodity Futures | ₹13 per order | ₹20/ Order |
| Currency Futures | ₹13 per order | ₹20/ Order |
| Equity Delivery | ₹13 per order | ₹20/ Order |
| Equity Options | ₹13 per order | ₹20/ Order |
| Commodity Options | ₹13 per order | ₹20/ Order |
| Equity Futures | ₹13 per order | ₹20/ Order |
| Currency Options | ₹13 per order | ₹20/ Order |
| Fixed Charges | ₹13 per order | ₹20/ Order |
| Equity Intraday | ₹13 per order | ₹20/ Order |
Gill Broking Vs IIFL Securities - Other Charges
| Gill Broking | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20 per day order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹70 per day order placed through a dealer | ₹0 (Free) |
| Other Brokerage Charges | ₹13 per order | ₹20/ Order |
| Minimum Brokerage | ₹13 per order | ₹20/ Order |
Gill Broking Vs IIFL Securities - Transaction Charges
| Gill Broking | IIFL Securities | |
|---|---|---|
| Currency Options | 0.00090% of Total Future Turnover value 0.035% of Premium Value in case of Option Segment | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | Rate 0.00345% Of Total Turnover value | 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 | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment | NSE: 0.053% on Premium value |
| Commodity | Exchange txn charge: 0.0026% (Commodity Futures) Exchange txn charge: 0 (Commodity Options) | 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: 0.0009% (Currency Futures) NSE: 0.035% (Currency Options) | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00325% (Equity Delivery) BSE: 0.00300% (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% |
Gill Broking Vs IIFL Securities - Margin (Exposure)
| Gill Broking | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 4x (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) |
Gill Broking Vs IIFL Securities - Features
| Gill Broking | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders | 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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Gill Broking Vs IIFL Securities - Review & Rating
| Gill Broking | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Gill Broking Vs IIFL Securities - Request a call back from Broker
| Gill Broking | IIFL Securities | |
|---|---|---|
Gill Broking Vs IIFL Securities - Investment Options
| Gill Broking | 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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Gill Broking Vs IIFL Securities - Order Type
| Gill Broking | 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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Gill Broking Vs IIFL Securities - Research & Report
| Gill Broking | IIFL Securities | |
|---|---|---|
| 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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Gill Broking Vs IIFL Securities - Daily Market Report
| Gill Broking | IIFL Securities | |
|---|---|---|
| Daily Market Reports & News |
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Gill Broking Vs IIFL Securities - Suitable For Investor
| Gill Broking | IIFL Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Gill Broking Vs IIFL Securities - Pros & Cons
| Gill Broking | IIFL Securities | |
|---|---|---|
| Pros | 1. User-friendly online trading platform, 2. Diverse range of asset classes for trading and investment, 3. Real-time market data and analysis tools, 4. Access to comprehensive research reports, 5. Competitive brokerage fees, 6. Strong customer support and assistance. | 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. Limited international market access, 2. Limited trading tools and advanced features, 3. Higher minimum deposit requirements, 4. Inactivity fees | 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. |
Gill Broking Vs IIFL Securities - Background
| Gill Broking | IIFL Securities | |
|---|---|---|
Gill Broking Vs IIFL Securities - Compare All Brokers
| Gill Broking | IIFL Securities | |
|---|---|---|
Gill Broking Vs IIFL Securities - STT/CTT
| Gill Broking | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.01% on the sell side | 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 the sell side | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on the sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on the sell side | 0.05% on Sell Side |
Gill Broking Vs IIFL Securities - Demat transaction charges
| Gill Broking | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Gill Broking Vs IIFL Securities - GST
| Gill Broking | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Gill Broking Vs IIFL Securities - SEBI Charges
| Gill Broking | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Gill Broking Vs IIFL Securities - Account Opening & AMC Charges
Gill Broking
IIFL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free) only for First Year
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
₹0 (Free)
₹0 (Free)
Gill Broking Vs IIFL Securities
| Gill Broking | IIFL Securities | |
|---|---|---|
Gill Broking Review | Account Opening Charges, Brokerage, and Trading Platforms |
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.
Gill Broking Vs IIFL Securities - Brokerage charges & Plans
| Gill Broking | IIFL Securities | |
|---|---|---|
| Commodity Futures | ₹13 per order | ₹20/ Order |
| Currency Futures | ₹13 per order | ₹20/ Order |
| Equity Delivery | ₹13 per order | ₹20/ Order |
| Equity Options | ₹13 per order | ₹20/ Order |
| Commodity Options | ₹13 per order | ₹20/ Order |
| Equity Futures | ₹13 per order | ₹20/ Order |
| Currency Options | ₹13 per order | ₹20/ Order |
| Fixed Charges | ₹13 per order | ₹20/ Order |
| Equity Intraday | ₹13 per order | ₹20/ Order |
| Call Back Open Account |
Gill Broking Vs IIFL Securities - Margin (Exposure)
| Gill Broking | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 4x (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) |
Gill Broking Vs IIFL Securities - Other Charges
| Gill Broking | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20 per day order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹70 per day order placed through a dealer | ₹0 (Free) |
| Other Brokerage Charges | ₹13 per order | ₹20/ Order |
| Minimum Brokerage | ₹13 per order | ₹20/ Order |
Gill Broking Vs IIFL Securities - STT/CTT
| Gill Broking | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.01% on the sell side | 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 the sell side | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on the sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on the sell side | 0.05% on Sell Side |
Gill Broking Vs IIFL Securities - Demat transaction charges
| Gill Broking | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Gill Broking Vs IIFL Securities - GST
| Gill Broking | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Gill Broking Vs IIFL Securities - SEBI Charges
| Gill Broking | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Gill Broking Vs IIFL Securities - Features
| Gill Broking | IIFL Securities | |
|---|---|---|
| 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 |
|
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders | 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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