Comparison – Trade Bulls Vs Indianinfoline
Trade Bulls | IIFL | |
Year of Incorporation | 2009 | 1996 |
Exchanges enabled | NSE, BSE, MCX, MCX-SX & NCDEX | NSE, BSE, MCX-SX, MCX & NCDEX |
Demat (NSDL/CDSL) | CDSL | NSDL/CDSL |
Brokerages | ||
Equity | 0.03% for Intraday & 0.3% for Delivery – Negotiable | 0.05% Intraday & 0.5% Delivery – Negotiable |
Equity Futures | 0.03% of Turnover – Negotiable | 0.05% of Turnover – Negotiable |
Equity Options | Rs 50/lot – Negotiable | Rs 100/lot – Negotiable |
Currency Futures | 0.03% of Turnover- Negotiable | Rs 25/lot – Negotiable |
Currency Options | Rs 20/lot- Negotiable | Rs 10/lot – Negotiable |
Commodity | 0.03% of Turnover- Negotiable | 0.03% – Negotiable |
Account opening charges | ||
Trading and Demat | Free | Rs 750 |
Only Trading | Free | NA |
Commodity | Free | Nill |
Trading Tools | ||
Platforms | Mobile/ web/ desktop | Mobile/ web/ desktop |
Charting | 22 days on ODIN | 20 Days |
Margins & Leverage Provided | ||
Equity | Up to 40 Times | Upto 20 times Intraday, &3 times for Delivery@interest |
Equity Futures | 8 to 10 Times | Upto 3 times for Intraday |
Equity Options | 5 to 8 Times | Buying no leverage, Shorting upto 3 times |
Currency Futures | 5 Times | Upto 2 times for Intraday |
Currency Options | 5 Times | Buying no leverage, Shorting upto 2 times |
Commodity | Up to 5 To 8 Times | Upto 3 times for Intraday |
Serviceable | ||
3 in 1 Account | No | NO |
Instant Fund withdrawal | No | NO |
Instant Fund Transfer | YES | YES |
Relationship Managers | No | YES |