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India Infoline (IIFL) Vs Finvasia (Compare India Infoline (IIFL) and Finvasia)

The side-by-side comparison of India Infoline (IIFL) and Finvasia. Compare India Infoline (IIFL) Vs Finvasia brokerage, charges, exposure margin, demat account. Read Finvasia and India Infoline (IIFL) review.

Find out India Infoline (IIFL) Vs Finvasia which is better and India Infoline (IIFL) Vs Finvasia which is best.

Our India Infoline Limited comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between India Infoline (IIFL) and Finvasia.

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India Infoline (IIFL) Vs Finvasia

  India Infoline Limited Finvasia Securities Pvt Ltd
 
India Infoline Limited Logo Finvasia Securities Pvt Ltd Logo
About the Broker Incorporated in 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading. IIFL off... Know more about India Infoline Limited Finvasia is India based technology–driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset manageme... Know more about Finvasia Securities Pvt Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage NSE, BSE, MCX BSE, NSE, MCX
Account Type Standard Account Standard
Broker Enquiry Open an Online Trading Account with India Infoline (IIFL). Leave your contact info and we will get in touch with you. Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
Year of Incorporation 1996 2013
Number of Branches 900 1
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India Infoline (IIFL) Vs Finvasia Charges

  India Infoline Limited Finvasia Securities Pvt Ltd
Trading Account Opening Fees ₹750 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹555 ₹0 (Free)
Demat Account AMC ₹ 555 (One time) ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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India Infoline (IIFL) Vs Finvasia Brokerage

Brokerage Plan 1

  India Infoline Limited Finvasia Securities Pvt Ltd
Account Type Standard Account Standard
Fixed Charges
Equity Delivery Brokerage 0.50% ₹0
Equity Intraday Brokerage 0.05% ₹0
Equity Futures Brokerage 0.05% ₹0
Equity Options Brokerage 1% of Premium or ₹100 per lot whichever is high ₹0
Currency Futures Trading Brokerage Rs 25 per lot ₹0
Currency Options Trading Brokerage 1% of Premium or ₹100 per lot whichever is high ₹0
Commodity Futures Trading Brokerage 0.05% ₹0
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges Rs 0.05 per share ₹0
Other Brokerage Charges Advisory SMS - Rs 50 per month None
Call & Trade Charges Rs 50 per call ₹0
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India Infoline (IIFL) Vs Finvasia Taxes

  India Infoline Limited Finvasia Securities Pvt Ltd
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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India Infoline (IIFL) Vs Finvasia Transaction Charges

  India Infoline Limited Finvasia Securities Pvt Ltd
Equity Delivery 0.00325% ₹325/crore
Equity Intraday 0.00325% ₹325/crore
Equity Futures 0.0021% ₹190/crore
Equity Options 0.051% on premium ₹5000/crore of premium
Currency Futures 0.0021% ₹115/crore
Currency Options 0.051% on premium ₹4000/crore of premium
Commodity 0.0028% ₹260/crore
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India Infoline (IIFL) Vs Finvasia Exposure Margin

  India Infoline Limited Finvasia Securities Pvt Ltd
Equity Delivery Upto 3x with 18% interest per year 1x
Equity Intraday Upto 20x up to 10x
Equity Futures Upto 3x 2x
Equity Options 3x for shorting 1x
Currency Futures Upto 2x 1x
Currency Options 2x for shorting 1x
Commodity Futures Upto 3x 2x
Commodity Options
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India Infoline (IIFL) and Finvasia Feature Comparison

  India Infoline Limited Finvasia Securities Pvt Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform TT Exe, TT Web, IIFL Markets Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time 3:15 PM
Other Features Market Mantra, Loyalty Points Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
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India Infoline (IIFL) Vs Finvasia Review

  India Infoline Limited Finvasia Securities Pvt Ltd
  104 Customer Reviews    Rate India Infoline (IIFL) 9 Customer Reviews    Rate Finvasia
Fees Ratings 2.9 4.4
Trading Brokerage Rating 2.6 4.8
Trading Platform Usability 3.3 3.0
Customer Service Ratings 2.7 4.7
Overall Ratings Rated 2.7 stars Rated 4.7 stars
Broker Rating India Infoline (IIFL) is Rated 2.7 / 5 based on 104 customer reviews Finvasia is Rated 4.7 / 5 based on 9 customer reviews
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Contact Broker / Request A Call Back

  India Infoline Limited Finvasia Securities Pvt Ltd
Contact / Request Call Back
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India Infoline (IIFL) Vs Finvasia Investment Options

  India Infoline Limited Finvasia Securities Pvt Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD No
Debt Yes No
Other Investment Options
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India Infoline (IIFL) Vs Finvasia Customer Service

  India Infoline Limited Finvasia Securities Pvt Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes No
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India Infoline (IIFL) Vs Finvasia Order Type Offered

  India Infoline Limited Finvasia Securities Pvt Ltd
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No
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India Infoline (IIFL) Vs Finvasia Research Report

  India Infoline Limited Finvasia Securities Pvt Ltd
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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India Infoline (IIFL) Vs Finvasia Suitable For Investor Type

  India Infoline Limited Finvasia Securities Pvt Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes
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India Infoline (IIFL) Vs Finvasia - Advantages and Disadvantages

  India Infoline Limited Finvasia Securities Pvt Ltd
Pros
  1. 4000+ branches in 900+ cities make them your neighborhood broker.
  2. Being a full service broker, they offer wide range of financial products and services.
  3. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund.
  4. India Infoline Ltd is a publicly traded company listed at BSE and NSE.

More Advantages...

  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.

More Advantages...

Cons
  1. SMS alerts at additional ₹249 per month
  2. Demat debit charges is 0.05% (Minimum ₹15 - Maximum ₹100) per debit transaction. Demat credit charges is NIL.
  3. India Infoline doesn't provide 3-in-1 account.

More Disadvantages...

  • Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding. The company is planning to launch this service in future.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.

More Disadvantages...

Reviews
Promo / Offers Open IIFL Demat & Trading Account & Save upto ₹1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
Enquire about India Infoline (IIFL) Enquire about Finvasia
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