IIFL Securities Vs Trustline
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.
Trustline
Trustline Review gives an overall view and updates about the Trustline Brokerage Charges, Trustline Margin, Trustline Trading Software 2024, Trustline Demat Account Charges and it also gives an overview on Trustline NRI Account, Trustline Branches, Trustline Customer Complaints, Trustline Presence in India, Trustline Research and Recommendation Facility as well as offers a wide range of financial products through Indira Securities website and mobile application
IIFL Securities Vs Trustline - Broker Details
| IIFL Securities | Trustline | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1995 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX, NCDEX |
| Branches | 2000+ | 400+ |
| Brokerage | ₹20/ Order | ₹20/Order |
| Broker Type | Full Service Broker | Full Service Broker |
IIFL Securities Vs Trustline - Account Opening & AMC Charges
| IIFL Securities | Trustline | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards | ₹590/- (Lifetime) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
IIFL Securities Vs Trustline - Brokerage charges & Plans
| IIFL Securities | Trustline | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Commodity Options | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Futures | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Intraday | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
IIFL Securities Vs Trustline - Other Charges
| IIFL Securities | Trustline | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order | ₹20/Order or 0.03% |
| Minimum Brokerage | ₹20/ Order | ₹20/Order |
IIFL Securities Vs Trustline - Transaction Charges
| IIFL Securities | Trustline | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE ₹4000/Cr (on premium) (0.04%) | BSE ₹1500 |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE ₹190/Cr (0.0019%) |
| Equity Intraday | 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% | NSE ₹325/Cr | BSE ₹1.5/Trade (each side) |
| Equity Options | NSE: 0.053% on Premium value | NSE ₹5000/Cr (0.05%) |
| Commodity | 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 | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE ₹90/Cr (0.0009%) | BSE ₹18/Cr (0.00018%) |
| 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% | NSE ₹325/Cr | BSE ₹1.5/Trade (each side) |
IIFL Securities Vs Trustline - Margin (Exposure)
| IIFL Securities | Trustline | |
|---|---|---|
| Equity Options | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
IIFL Securities Vs Trustline - Features
| IIFL Securities | Trustline | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1.T5 Web- Website Trading Platform 2.Trust Power- Desktop Trading Software 3.Trust Mobile- Mobile Trading Power |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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IIFL Securities Vs Trustline - Review & Rating
| IIFL Securities | Trustline | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
IIFL Securities Vs Trustline - Request a call back from Broker
| IIFL Securities | Trustline | |
|---|---|---|
IIFL Securities Vs Trustline - Investment Options
| IIFL Securities | Trustline | |
|---|---|---|
| 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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IIFL Securities Vs Trustline - Order Type
| IIFL Securities | Trustline | |
|---|---|---|
| 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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IIFL Securities Vs Trustline - Research & Report
| IIFL Securities | Trustline | |
|---|---|---|
| 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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IIFL Securities Vs Trustline - Daily Market Report
| IIFL Securities | Trustline | |
|---|---|---|
| Daily Market Reports & News |
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IIFL Securities Vs Trustline - Suitable For Investor
| IIFL Securities | Trustline | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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IIFL Securities Vs Trustline - Pros & Cons
| IIFL Securities | Trustline | |
|---|---|---|
| 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.Trustline Securities is a financial services provider since 1989. The broker has over 400 branches. 2.After trading hours and GTC orders are available. 3.Online customers get free trading software’s including Website, Mobile App and Trading Terminal. 4.No extra charges for intraday or expiry positions closed by the broker 5.Advance order types i.e. Cover Orders are available to all 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.Trading API's are not available to retail customers. 3.Higher demat changes in comparison to other discount brokers. |
IIFL Securities Vs Trustline - Background
| IIFL Securities | Trustline | |
|---|---|---|
IIFL Securities Vs Trustline - Compare All Brokers
| IIFL Securities | Trustline | |
|---|---|---|
IIFL Securities Vs Trustline - STT/CTT
| IIFL Securities | Trustline | |
|---|---|---|
| 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 Sell | 0.025% on the sell side |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% on sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
IIFL Securities Vs Trustline - Demat transaction charges
| IIFL Securities | Trustline | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | N/A |
IIFL Securities Vs Trustline - GST
| IIFL Securities | Trustline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% of (Brokerage + Transaction Charges) |
IIFL Securities Vs Trustline - SEBI Charges
| IIFL Securities | Trustline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
IIFL Securities Vs Trustline - Account Opening & AMC Charges
IIFL Securities
Trustline
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
₹590/- (Lifetime)
Trading Account AMC
₹0 (Free)
₹0 (Free)
IIFL Securities Vs Trustline
| IIFL Securities | Trustline | |
|---|---|---|
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 .. + " Vs "+ Trustline |
Trustline Review | Brokerage Charges, Account OpeningThe markets are generally unpredictable, one person buys and another person sells and both think they are astute. Stock market is full of economic adventures from where you will get the latest news and knowledge of every corner & industry of the world. The broker acts as a mediator between the investor and the stock market. It .. |
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Trustline
Trustline Review gives an overall view and updates about the Trustline Brokerage Charges, Trustline Margin, Trustline Trading Software 2024, Trustline Demat Account Charges and it also gives an overview on Trustline NRI Account, Trustline Branches, Trustline Customer Complaints, Trustline Presence in India, Trustline Research and Recommendation Facility as well as offers a wide range of financial products through Indira Securities website and mobile application
IIFL Securities Vs Trustline - Brokerage charges & Plans
| IIFL Securities | Trustline | |
|---|---|---|
| Commodity Futures | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Commodity Options | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Futures | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Intraday | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Call Back Open Account |
IIFL Securities Vs Trustline - Margin (Exposure)
| IIFL Securities | Trustline | |
|---|---|---|
| Equity Options | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML 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 NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
IIFL Securities Vs Trustline - Other Charges
| IIFL Securities | Trustline | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order | ₹20/Order or 0.03% |
| Minimum Brokerage | ₹20/ Order | ₹20/Order |
IIFL Securities Vs Trustline - STT/CTT
| IIFL Securities | Trustline | |
|---|---|---|
| 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 Sell | 0.025% on the sell side |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% on sell side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
IIFL Securities Vs Trustline - Demat transaction charges
| IIFL Securities | Trustline | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | N/A |
IIFL Securities Vs Trustline - GST
| IIFL Securities | Trustline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% of (Brokerage + Transaction Charges) |
IIFL Securities Vs Trustline - SEBI Charges
| IIFL Securities | Trustline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
IIFL Securities Vs Trustline - Features
| IIFL Securities | Trustline | |
|---|---|---|
| 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 | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | 1.T5 Web- Website Trading Platform 2.Trust Power- Desktop Trading Software 3.Trust Mobile- Mobile Trading Power |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |