IIFL Securities Vs Tradingo (Compare IIFL Securities and Tradingo)

IIFL Securities Vs Tradingo

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India. Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

	IIFL Securities	Tradingo
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	NSE, BSE, MCX	NSE, BSE, MCX and NCDEX
Year of Incorporation	1996	2016
Number of Branches	900
	Open IIFL Securities Account	Open Tradingo Account

IIFL Securities Vs Tradingo Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while Tradingo account opening changes is Rs 0 (Free). IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and Tradingo Demat Account AMC Charges is Rs 250.

	IIFL Securities	Tradingo
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 250 (Free for 1st year)	Rs 250

IIFL Securities Vs Tradingo Brokerage

IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas Tradingo brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per trade or 0.03% (whichever is lower).

Account Type	IIFL Securities iServe	Tradingo Discount Broking Plan
Fixed Charges	NA	Nil
Equity Delivery	Rs 20 per order	Rs 0 (Free)
Equity Intraday	Rs 20 per order	Rs 20 per trade or 0.03% (whichever is lower)
Equity Futures	Rs 20 per order	Rs 20 per trade or 0.03% (whichever is lower)
Equity Options	Rs 20 per order	Rs 20 per executed order
Currency Futures	Rs 20 per order	Rs 20 per trade or 0.01% (whichever is lower)
Currency Options	Rs 20 per order	Rs 20 per executed order
Commodity Futures	Rs 20 per order	Rs 20 per trade or 0.01% (whichever is lower)
Commodity Options	Rs 20 per order	Rs 100 per executed order
Special Offer	Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.	Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

IIFL Securities Vs Tradingo Brokerage Plan 2

	IIFL Securities	Tradingo
Account Type	iServe	Premium Plan
Fixed Charges	NA
Equity Delivery	Rs 20 per order	0.3% of trade value
Equity Intraday	Rs 20 per order	0.03% of trade value
Equity Futures	Rs 20 per order	0.03% of trade value
Equity Options	Rs 20 per order	Rs 50 per lot
Currency Futures	Rs 20 per order	0.3% of trade value
Currency Options	Rs 20 per order	Rs 50 per lot
Commodity Futures	Rs 20 per order	0.3% of trade value
Commodity Options	Rs 20 per order	Rs 100 per lot
	Open IIFL Securities Account	Open Tradingo Account

IIFL Securities Charges Vs Tradingo

Minimum Brokerage		Rs 0
Other Charges	Advisory SMS - Rs 50 per month	Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade Charges	Rs 50 per call	Additional Rs 20 per executed order

IIFL Securities Vs Tradingo Transaction Charges

IIFL Securities transaction charges for options is Rs 5100 per Cr (0.051%) (on premium) while Tradingo exchange transaction charges for options is NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium).

	IIFL Securities	Tradingo
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Futures	Rs 210 per Cr (0.0021%)	NSE Rs 325 per crore | BSE Rs 50 per crore (each side)
Equity Options	Rs 5100 per Cr (0.051%) (on premium)	NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium)
Currency Futures	Rs 210 per Cr (0.0021%)	NSE Rs 160 per crore (0.0016%)
Currency Options	Rs 5100 per Cr (0.051%) (on premium)	NSE Rs 6000 per crore (0.06%)
Commodity	Group A - Rs 280 per Cr (0.0028%)	Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr
	Open IIFL Securities Account	Open Tradingo Account

IIFL Securities Vs Tradingo Leverage (Margin)

IIFL Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradingo margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	IIFL Securities	Tradingo
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
	Open IIFL Securities Account	Open Tradingo Account

Compare IIFL Securities and Tradingo Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. Tradingo offers Tradingo, Justrade trading software.

	IIFL Securities	Tradingo
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App	Tradingo, Justrade
Intraday Square-off Time		Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open IIFL Securities Account	Open Tradingo Account

IIFL Securities Vs Tradingo Review

IIFL Securities is rated 2.6 of 5 based on 128 customer reviews whereas Tradingo is rated 4.0 of 5 based on 6 customer reviews.

	IIFL Securities	Tradingo
	128 Customer Reviews	6 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.6 of 5 based on 128 customer reviews	Tradingo is rated 4.0 of 5 based on 6 customer reviews

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IIFL Securities Vs Tradingo Investment Options

	IIFL Securities	Tradingo
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

IIFL Securities Vs Tradingo Order Type Offered

	IIFL Securities	Tradingo
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open IIFL Securities Account	Open Tradingo Account

IIFL Securities Vs Tradingo Research Report

	IIFL Securities	Tradingo
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

IIFL Securities Vs Tradingo Suitable For Investor Type

	IIFL Securities	Tradingo
Casual Investor
Active Investor
Trader

IIFL Securities Vs Tradingo - Pros and Cons

	IIFL Securities	Tradingo
Pros	Full-service broker offering quality research and recommendations. Flat Rs 20 per trade brokerage for Intraday & F&O. IIFL offers Equity SIP and Mutual Fund SIP. Margin funding is available. IIFL Securities is a publicly-traded company listed at BSE and NSE.	Discount stock broker. Offer margin funding and higher exposure. No brokerage charges for equity delivery trades. 3 different trading platforms: ODIN, NSE Now, JUSTRADE Online IPO and Mutual Funds available. Free trading software Branches in 80+ cities.
Cons	Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges. Equity delivery brokerage is charged at flat Rs 20 per trade. It doesn't offer Direct Mutual Funds. Call & trade changes are Rs 50 per call.	Call & trade is changed Rs 20 extra. Doesn't offer 3-in-1 account Charge annual maintenance change on demat account.
Reviews		Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers. Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.
Promo / Offers	IIFL Securities Special Offer Flat Rs 20 Per Trade Brokerage + Free Account Opening Flat Rs 20 per trade brokerage for delivery, intraday and F&O + Trade with the best rated mobile trading app. This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.	Tradingo Special Offer Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Click here to open an account with Tradingo
	Open IIFL Securities Account	Open Tradingo Account