Trading Bells vs IIFL Securities Comparison: 2024
About Trading Bells
Tradingbells is an online discount brokerage firm, founded in the year of 2016, headquarter is in Indore, Madhya Pradesh. It is popular for its creative ideas, product and services which provides effortless trading experience to the investors. The firm has a presence in 80 different cities and 16 states throughout the nation.
A franchie of India Infoline (IIFL Securities Ltd.), the brokerage structure of a broking house is very simple and easy to understand. It provides customer assistance through phone, live chats, emails, branches and online feedback. Apart from this their referral program gives a chance to earn 10% of the brokerage generated by your first ten friends and 20% on beyond 10 friends. Tradingbells also offer free trades on their clients' birthdays (Terms & Conditions applied).
TradingBells Stock Broker: Products
With the membership of NSE, BSE, MCX-SX & NCDEX, ICEX, Tradingbells offers a broad variety of investment products including equities,
About IIFL Securities
IIFL Securities is one of the leading broking firms in India with a financial parent body, IIFL group. Founded in 1995 by Nirmal Jain, this group is a renounced financial service provider with a variety of products and services. From broking to wealth management, India Infoline group has spread its arms in all possible financial sectors and has also bagged multiple awards for the same all these years.
In this article, we will cover a complete review of the broking sector of IIFL, its charges, steps to open an account, and the software it provides.
India Infoline Securities: Overview
IIFL Securities is a full-service broking company spread across major cities of India and adhering to a wide range of investors' needs. They offer a complete trading solution including online presence and researched advisory by professionals of the industry. Mr. Nirmal Jain, the chairman of the IIFL group was also one of the
Trading Bells vs IIFL Securities Account Opening Charges: 2024
| Charge | Trading Bells | IIFL Securities |
|---|---|---|
| Demat Account Opening Charges | ₹150 | ₹0 |
| Trading Acc Opening Charges | ₹ 300 | ₹750 |
| Trading Account AMC | ₹ 0 | ₹0 |
| Demat Account AMC | ₹300 | ₹400 per year |
Trading Bells vs IIFL Securities Brokerage Charges and Plans : 2024
| Charge | Trading Bells | IIFL Securities |
|---|---|---|
| Plan Name | N/A | Flat Plan (FBP) |
| Equity Delivery | ₹ 0 | 0.50% |
| Equity Intraday | ₹ 20 per executed order | 0.05% |
| Equity Futures | ₹ 20 per executed order | 0.05% |
| Equity Options | ₹ 20 per executed order | 1% of Premium or ₹100 per lot, whichever is high |
| Currency Futures | ₹ 20 per executed order | 0.05% |
| Currency Options | ₹ 20 per executed order | 1% of Premium or ₹100 per lot, whichever is high |
| Commodity Options | ₹ 20 per executed order | Futures: 0.05% and Options: 1% of Premium or ₹100 per lot, whichever is high |
| Mutual Fund | N/A | N/A |
Trading Bells vs IIFL Securities Margin / Exposure: 2024
| Segment | Trading Bells | IIFL Securities |
|---|---|---|
| Equity Delivery | 1x | Upto 3x |
| Equity Intraday | Up to 10x for Most Scrips | Upto 20x |
| Equity Future | Intraday: 3x | Carry: 1x | Upto 3x |
| Equity Options | 1x | Upto 3x |
| Currency Future | Intraday: 3x | Carry: 1x | Upto 2x |
| Currency Options | Intraday: 3x | Carry: 1x | Upto 2x |
| Commodity Future | Intraday: 3x | Carry: 1x | Upto 3x |
| Commodity Options | N/A | N/A |