It is a wholly owned subsidiary of Yes Bank.With Inherited knowledge from its parent company of over 50 years of experience in banking, wealth management, and advisory, Yes Bank securities aimed to become a wealth manager and advisor for its banking clients all over India. They facilitate an in-house team of multi-asset specialists and advisors to direct the client while trading or investing.
Yes Bank had lengthened its arms to offer a complete range of financial products and services catering to the needs of an individual, corporate, and MSMEs. Being a full-service commercial bank it has a pan-India presence overall 28 states and 9 Union territories.
Yes Securities is a SEBI licensed investment advisor and a member of BSE, NSE, MCX, and NCDEX exchanges. Incorporated in 2013, with the claim of 'making investments as easy as booking a cab', Yes Securities provides interactive graphic stock health scores,
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.
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
Charge | Yes Securities | IIFL Securities |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹999 | ₹750 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹500 | ₹400 per year |
Charge | Yes Securities | IIFL Securities |
---|---|---|
Plan Name | Invest Value Plan | Flat Plan (FBP) |
Equity Delivery | 0.45% | 0.50% |
Equity Intraday | 0.05% | 0.05% |
Equity Futures | 0.05%, Intraday - 0.02% | 0.05% |
Equity Options | ₹75 per lot, Intraday - ₹25 per lot | 1% of Premium or ₹100 per lot, whichever is high |
Currency Futures | 0.05%, Intraday - 0.02% | 0.05% |
Currency Options | ₹75 per lot, Intraday - ₹25 per lot | 1% of Premium or ₹100 per lot, whichever is high |
Commodity Options | N/A | Futures: 0.05% and Options: 1% of Premium or ₹100 per lot, whichever is high |
Mutual Fund | N/A | N/A |
Segment | Yes Securities | IIFL Securities |
---|---|---|
Equity Delivery | N/A | Upto 3x |
Equity Intraday | N/A | Upto 20x |
Equity Future | N/A | Upto 3x |
Equity Options | N/A | Upto 3x |
Currency Future | N/A | Upto 2x |
Currency Options | N/A | Upto 2x |
Commodity Future | N/A | Upto 3x |
Commodity Options | N/A | N/A |