Nirman Broking Vs IIFL Securities
Nirman Broking
Nirman 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.
Nirman Broking Vs IIFL Securities - Broker Details
| Nirman Broking | IIFL Securities | |
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| Single Margin Facility |
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| Year of Incorporation | 1987 | 1995 |
| Exchanges | BSE, NSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 20 | 2000+ |
| Brokerage | ₹20 per executed order or 0.05% | ₹20/ Order |
| Broker Type | Full Service Broker | Full Service Broker |
Nirman Broking Vs IIFL Securities - Account Opening & AMC Charges
| Nirman Broking | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹360 + GST per year | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | N/A | ₹0 (Free) |
Nirman Broking Vs IIFL Securities - Brokerage charges & Plans
| Nirman Broking | IIFL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | ₹20 per executed per order or 0.05% | ₹20/ Order |
| Equity Delivery | ₹20 or 2.5% | ₹20/ Order |
| Equity Options | Flat ₹20 per executed per order | ₹20/ Order |
| Commodity Options | Flat ₹20 per executed per order | ₹20/ Order |
| Equity Futures | ₹20 per executed order or 0.05% | ₹20/ Order |
| Currency Options | Flat ₹20 per executed per order | ₹20/ Order |
| Fixed Charges | ₹20 per executed order or 0.05% | ₹20/ Order |
| Equity Intraday | ₹20 per executed order or 0.05% | ₹20/ Order |
Nirman Broking Vs IIFL Securities - Other Charges
| Nirman Broking | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 per order | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per executed order or 0.05% | ₹20/ Order |
| Minimum Brokerage | ₹20 per executed order or 0.05% | ₹20/ Order |
Nirman Broking Vs IIFL Securities - Transaction Charges
| Nirman Broking | IIFL Securities | |
|---|---|---|
| Currency Options | NSE ₹500/Cr (0.005%) (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: ₹200/Cr (0.0019%) | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE: ₹345/Cr (0.00325%) | 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 ₹5000/Cr (0.05%) (on premium) | NSE: 0.053% on Premium value |
| Commodity | N/A | 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 ₹120/Cr (0.0012%) | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE: ₹345/Cr (0.00325%) | 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% |
Nirman Broking Vs IIFL Securities - Margin (Exposure)
| Nirman Broking | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 6x (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) |
Nirman Broking Vs IIFL Securities - Features
| Nirman 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. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop 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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Nirman Broking Vs IIFL Securities - Review & Rating
| Nirman Broking | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Nirman Broking Vs IIFL Securities - Request a call back from Broker
| Nirman Broking | IIFL Securities | |
|---|---|---|
Nirman Broking Vs IIFL Securities - Investment Options
| Nirman 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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Nirman Broking Vs IIFL Securities - Order Type
| Nirman 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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Nirman Broking Vs IIFL Securities - Research & Report
| Nirman 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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Nirman Broking Vs IIFL Securities - Daily Market Report
| Nirman Broking | IIFL Securities | |
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| Daily Market Reports & News |
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Nirman Broking Vs IIFL Securities - Suitable For Investor
| Nirman Broking | IIFL Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Nirman Broking Vs IIFL Securities - Pros & Cons
| Nirman Broking | IIFL Securities | |
|---|---|---|
| Pros | 1. Wide Range of Financial Products, 2. User-Friendly Platform 3. Excellent customer service and support, 4. Wide range of investment products and options, 5. Competitive pricing and low fees. 6. Competitive Pricing | 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. Technology Issues 3. Dependency on market conditions and economic factors, | 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. |
Nirman Broking Vs IIFL Securities - Background
| Nirman Broking | IIFL Securities | |
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Nirman Broking Vs IIFL Securities - Compare All Brokers
| Nirman Broking | IIFL Securities | |
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Nirman Broking Vs IIFL Securities - STT/CTT
| Nirman Broking | 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 buy & 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 |
Nirman Broking Vs IIFL Securities - Demat transaction charges
| Nirman Broking | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Nirman Broking Vs IIFL Securities - GST
| Nirman Broking | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Nirman Broking Vs IIFL Securities - SEBI Charges
| Nirman Broking | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Nirman Broking Vs IIFL Securities - Account Opening & AMC Charges
Nirman Broking
IIFL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹360 + GST per year
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
N/A
₹0 (Free)
Nirman Broking Vs IIFL Securities
| Nirman Broking | IIFL Securities | |
|---|---|---|
Nirman Broking 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.
Nirman Broking Vs IIFL Securities - Brokerage charges & Plans
| Nirman Broking | IIFL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | ₹20 per executed per order or 0.05% | ₹20/ Order |
| Equity Delivery | ₹20 or 2.5% | ₹20/ Order |
| Equity Options | Flat ₹20 per executed per order | ₹20/ Order |
| Commodity Options | Flat ₹20 per executed per order | ₹20/ Order |
| Equity Futures | ₹20 per executed order or 0.05% | ₹20/ Order |
| Currency Options | Flat ₹20 per executed per order | ₹20/ Order |
| Fixed Charges | ₹20 per executed order or 0.05% | ₹20/ Order |
| Equity Intraday | ₹20 per executed order or 0.05% | ₹20/ Order |
| Call Back Open Account |
Nirman Broking Vs IIFL Securities - Margin (Exposure)
| Nirman Broking | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 6x (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) |
Nirman Broking Vs IIFL Securities - Other Charges
| Nirman Broking | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹20 per order | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per executed order or 0.05% | ₹20/ Order |
| Minimum Brokerage | ₹20 per executed order or 0.05% | ₹20/ Order |
Nirman Broking Vs IIFL Securities - STT/CTT
| Nirman Broking | 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 buy & 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 |
Nirman Broking Vs IIFL Securities - Demat transaction charges
| Nirman Broking | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Nirman Broking Vs IIFL Securities - GST
| Nirman Broking | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Nirman Broking Vs IIFL Securities - SEBI Charges
| Nirman Broking | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Nirman Broking Vs IIFL Securities - Features
| Nirman 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. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop 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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