Background Services |
Type of Broker |
Full Service |
Discount Broker |
Founded |
1995 |
2015 |
Active Clients |
2,14,149 |
39,316 |
Product offered |
Equity Spot, Futures & Options in Equity, Currency and Commodity, Mutual Funds, Bonds, Fixed Deposits. |
Equity Spot, Futures & Options in Equity, Currency and Commodity, Bonds. |
Depository |
CDSL |
CDSL |
Advisory / Research tips |
Advisory |
Yes |
No |
Charges |
Account Opening Charges |
|
|
Trading Account |
Rs. 0 |
Rs. 0 |
Demat Account |
Rs. 0 |
Rs. 0 |
Commodity Account |
Rs. 0 |
Rs. 0 |
Annual Maintenance Charges |
|
|
Trading Account |
Free for 5 years, 6th year onwards 400 + GST |
Rs. 0 |
Demat Account |
Free for 5 years, 6th year onwards 400 + GST |
Rs. 400 |
Commodity Account |
Rs. 0 |
Rs. 0 |
Brokerage Charges |
|
|
Equity Delivery |
0.50% on turnover |
Rs. 20 or 0.2% on turnover (whichever is lower) per order |
Equity Intraday |
0.05% on turnover |
Rs. 20 or 0.02% on turnover (whichever is lower) per order |
Equity Futures |
0.05% on turnover |
Rs. 20 per order |
Currency Futures |
0.05% on turnover |
Rs. 20 per order |
Commodity Futures |
- |
Rs. 20 per order |
Equity Options |
1% on premium or Rs.100 per lot |
Rs. 20 per order |
Currency Options |
- |
Rs. 20 per order |
Commodity Options |
- |
Rs. 20 per order |
Technology |
Trading Platform |
IIFL Trader Terminal. |
Samco Traser (Nest). |
Features |
|
|
Shortcut Keys |
Yes |
Yes |
Heat Map |
Yes |
No |
Charting |
Yes |
Yes |
Intraday Data (Days) |
- |
21+ Days |
EOD Data (Days) |
- |
5475+ Days (15 years) |
Leverages |
Equity Delivery |
5x on turnover |
4x on turnover (Cash Plus Subcription) |
Intraday |
|
|
Equity Spot |
10 - 15x on turnover |
3x - 15x on turnover |
Equity Futures and Options |
10 - 12x on ESM |
3x for Index & 4x for Stocks |
Currency Futures and Options |
10 - 12x on ESM |
4x on ESM |
Commodity Futures and Options |
10 - 12x on ESM |
60x depending on product type and contract selected |
Intraday with BO & CO |
|
|
Equity Spot |
No leverage |
33x on turnover |
Equity Futures and Options |
No leverage |
33x on ESM only for Futures |
Currency Futures and Options |
No leverage |
100x on ESM |
Commodity Futures and Options |
No leverage |
60x on ESM depending on product type and contract selected |
Customer Support |
Phone |
Yes |
Yes |
Email |
Yes |
Yes |
Transaction Alerts |
Yes |
Yes |
Live Chat |
Yes |
No |
Relationship Manager |
Yes |
No |