IIFL Securities Vs Finvasia (Compare IIFL Securities and Finvasia)

IIFL Securities Vs Finvasia

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 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	IIFL Securities	Finvasia
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	NSE, BSE, MCX	BSE, NSE, MCX
Account Type	Investor Plan (Online Plus)	Standard
Year of Incorporation	1996	2013
Number of Branches	900	1
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IIFL Securities Vs Finvasia Charges & AMC

IIFL Securities trading account opening charges is Rs 250 (Currently waived off) while Finvasia account opening changes is Rs 0 (Free). IIFL Securities Demat Account AMC Charges is Rs 250 (Free for first year) and Finvasia Demat Account AMC Charges is Rs 0 per year (Lifetime Zero AMC).

	IIFL Securities	Finvasia
Trading Account Opening Charges	Rs 250 (Currently waived off)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 250 (Free for first year)	Rs 0 per year (Lifetime Zero AMC)

IIFL Securities Vs Finvasia Brokerage

IIFL Securities brokerage charges for equity is 0.25% and intraday is 0.025% whereas Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0.

	IIFL Securities	Finvasia
Account Type	Investor Plan (Online Plus)	Standard
Fixed Charges	NA	NA
Equity Delivery Brokerage	0.25%	Rs 0
Equity Intraday Brokerage	0.025%	Rs 0
Equity Futures Brokerage	0.025%	Rs 0
Equity Options Brokerage	Rs 25 per lot	Rs 0
Currency Futures Trading Brokerage	0.025% or Rs 20 per lot	Rs 0
Currency Options Trading Brokerage	Rs 8 per lot	Rs 0
Commodity Futures Trading Brokerage	0.025%	Rs 0
Commodity Options Trading Brokerage	Gold Rs 125 | Silver Rs 80 | Crude Oil Rs 80	Rs 0
Special Offer	Special Offer: Open a FREE Demat & Trading Account (Save upto Rs 1150). Get the exclusive offer

IIFL Securities Vs Finvasia Brokerage Plan 2

	IIFL Securities	Finvasia
Account Type	Premium Plan (Dedicated RM)	Standard
Fixed Charges	NA	NA
Equity Delivery Brokerage	0.50%	Rs 0
Equity Intraday Brokerage	0.05%	Rs 0
Equity Futures Brokerage	0.05%	Rs 0
Equity Options Brokerage	Rs 50 per lot	Rs 0
Currency Futures Trading Brokerage	0.05% or Rs 20 per lot	Rs 0
Currency Options Trading Brokerage	Rs 10 per lot	Rs 0
Commodity Futures Trading Brokerage	0.05%	Rs 0
Commodity Options Trading Brokerage	Gold Rs 150 | Silver Rs 100 | Crude Oil Rs 100	Rs 0
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IIFL Securities Vs Finvasia Brokerage Plan 3

	IIFL Securities	Finvasia
Account Type	Super Trader Plan (Pro Traders)	Standard
Fixed Charges	Rs 999	NA
Equity Delivery Brokerage	0.10%	Rs 0
Equity Intraday Brokerage	0.01%	Rs 0
Equity Futures Brokerage	0.01%	Rs 0
Equity Options Brokerage	flat Rs 10 per lot	Rs 0
Currency Futures Trading Brokerage	0.015% or Rs 15 per lot	Rs 0
Currency Options Trading Brokerage	flat Rs 5 per lot	Rs 0
Commodity Futures Trading Brokerage	0.015%	Rs 0
Commodity Options Trading Brokerage	Gold Rs 80 | Silver Rs 50 | Crude Oil Rs 50	Rs 0
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IIFL Securities Charges Vs Finvasia

Minimum Brokerage Charges	Rs 0.05 per share (Rs 25 Min)	Rs 0
Other Brokerage Charges	Advisory SMS - Rs 50 per month	Bracket Orders in NEST: Rs 99 per month
Call & Trade Charges	Rs 50 per call	Rs 0

IIFL Securities Vs Finvasia Transaction Charges

IIFL Securities transaction charges for options is Rs 5100 per Cr (0.051%) (on premium) while Finvasia exchange transaction charges for options is Rs 5000 per Cr (0.05%) (on premium).

	IIFL Securities	Finvasia
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Futures	Rs 210 per Cr (0.0021%)	NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options	Rs 5100 per Cr (0.051%) (on premium)	Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	Rs 210 per Cr (0.0021%)	Rs 115 per Cr (0.00115%)
Currency Options	Rs 5100 per Cr (0.051%) (on premium)	Rs 4000 per Cr (0.04%) (on premium)
Commodity	Group A - Rs 280 per Cr (0.0028%)	Rs 260 per Cr (0.0026%)
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IIFL Securities Vs Finvasia Leverage (Margin)

IIFL Securities provides the margin of Upto 20x for intraday trades whereas the Finvasia margin for intraday cash is up to 10x.

	IIFL Securities	Finvasia
Equity Delivery	Upto 3x (18% Annual Interest)	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	Upto 3x	1x
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Compare IIFL Securities and Finvasia Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. Finvasia offers Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto trading software.

	IIFL Securities	Finvasia
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
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	Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time		3:15 PM
Other Features		Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
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IIFL Securities Vs Finvasia Review

IIFL Securities is rated 2.7 of 5 based on 112 customer reviews whereas Finvasia is rated 4.5 of 5 based on 34 customer reviews.

	IIFL Securities	Finvasia
	112 Customer Reviews	34 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IIFL Securities is rated 2.7 of 5 based on 112 customer reviews	Finvasia is rated 4.5 of 5 based on 34 customer reviews

IIFL Securities Vs Finvasia Investment Options

	IIFL Securities	Finvasia
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

IIFL Securities Vs Finvasia Order Type Offered

	IIFL Securities	Finvasia
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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IIFL Securities Vs Finvasia Research Report

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

IIFL Securities Vs Finvasia Suitable For Investor Type

	IIFL Securities	Finvasia
Casual Investor
Active Investor
Trader

IIFL Securities Vs Finvasia - Pros and Cons

	IIFL Securities	Finvasia
Pros	4000+ branches in 900+ cities make them your neighborhood broker. Being a full service broker, they offer wide range of financial products and services. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund. India Infoline Ltd is a publicly traded company listed at BSE and NSE.	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.
Cons	SMS alerts at additional Rs 249 per month Demat debit charges is 0.05% (Minimum Rs 15 - Maximum Rs 100) per debit transaction. Demat credit charges is NIL. India Infoline doesn't provide 3-in-1 account.	Scalpter, the web-based trading platform has only 1 min charting frame. Bracket orders are chargeable. NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees. GTC orders are not available at NSE and BSE. Finvasia is an online stock broker. It doesn't have branch offices. Doesn't offer a 3-in-1 account. Doesn't offer margin funding. Leverage offered is on the lower side in comparison with other discount brokers.
Reviews
Promo / Offers	Open IIFL Demat & Trading Account & Save upto Rs 1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer
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