IIFL vs JM Financial – Compare Brokerage Charges, Demat Account & more
Here is a detailed comparison of IIFL vs JM Financial. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between IIFL & JM Financial will help you choose a better company that will fulfill the requirements for trading and investment purposes.
Both of these Stock Broking companies are providing wide range of products and services to the investors.
Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.
This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.
In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:
- Overview
- Customer Ratings
- Demat Account
- Research & Advisory
- Brokerage Charges & Fees
- Other Charges
- Services
- Products
- Exposure/Leverage
- Trading Platform
- Offers
- Customer Support
- Complaints
Compare Stock Brokers
This IIFL & JM Financial comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s Compare JM Financial & IIFL
Overview of IIFL / India Infoline & JM Financial | ||
| Overview | IIFL | JM Financial |
| Company Type | Public | Public |
| Broker Type | Full Service Broker | Full Service Broker |
| Headquarters | Mumbai, India | Mumbai, Maharashtra |
| Founder | Nirmal Jain | Nimesh Kampani |
| Established Year | 1995 | 1986 |
IIFL / India Infoline vs JM Financial Customer Ratings Comparison | ||
| Customer Ratings | IIFL | JM Financial |
| Experience | 8.8/10 | 6.2/10 |
| Products & Services | 8.8/10 | 6.4/10 |
| Brokerage Charges & Fees | 8.2/10 | 6.2/10 |
| Stock Research & Advisory | 8.9/10 | 6.6/10 |
| Trading Platforms | 9.0/10 | 5.8/10 |
| Overall Ratings | 8.7/10 | 6.4/10 |
| Star Ratings | ★★★★★ | ★★★☆☆ |
| Total Client Reviews | 418 | 329 |
IIFL / India Infoline vs JM Financial Demat Account Comparison | ||
| Demat Services | IIFL | JM Financial |
| Depository Source | NSDL & CDSL | CDSL |
| Account Opening Charges | Zero | Rs.799 |
| Demat AMC Charges | Free for 1 year & Rs.450 per annum thereafter | Rs.299 |
| Trading AMC Charges | Free | Free |
| Margin Money | Minimum Rs.10,000 | Rs.15,000 Minimum |
| Offline to Online | R | R |
JM Financial vs IIFL / India Infoline Brokerage Charges Comparison | ||
| Brokerage Charge & Fees | IIFL | JM Financial |
| Equity Delivery Trading | Free | 0.5% – 0.15% |
| Equity Intraday Trading | Rs.20 per order or 0.05%, whichever is lower | 0.05% -0.015% |
| Commodity Options Trading | Rs.20 per order or 0.05%, whichever is lower | NA |
| Equity Futures Trading | Rs.20 per order or 0.05%, whichever is lower | 0.05% -0.015% |
| Equity Options Trading | Rs.20 per order | Rs.75 – Rs.20 per Lot |
| Currency Futures Trading | Rs.20 per order or 0.05%, whichever is lower | 0.05% -0.015% |
| Currency Options Trading | Rs.20 per order or 0.05%, whichever is lower | Rs.75 – Rs.20 per Lot |
| Minimum Brokerage | Rs.0.05 per Share | Percentage of Transacton |
| Demat AMC Charges | Free for 1 year & Rs.450 per annum thereafter | Rs.299 |
| Trading AMC Charges | Free | Free |
| Margin Money | Minimum Rs.10,000 | Rs.15,000 Minimum |
| Brokerage Calculator | IIFL Brokerage Calculator | JM Financial Brokerage Calculator |
JM Financial & IIFL / India Infoline Other Charges Comparison | ||
| Other Charges | IIFL | JM Financial |
| Transaction Charges | 0.00325% of Total Turnover | 0.00325% of Total Turnover |
| STT | 0.0126% of Total Turnover | 0.0126% of Total Turnover |
| SEBI Turnover Charges | Rs.5 per crore | 0.0002% of Total Turnover |
| Stamp Duty | Depends on State (very minimal) | Depends on State (very minimal) |
| GST | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) |
Compare JM Financial & IIFL / India Infoline Offers | ||
| Offers | IIFL | JM Financial |
| Free Demat Account | R | R |
| Free Trading Account | R | R |
| Discount on Brokerage | S | R |
| Trading Happy Hours | S | S |
| Flexible Brokerage Plans | R | R |
| 1 Month Brokerage Free | S | S |
| Holiday Offers | S | S |
| Referral Offers | R | S |
| Zero Brokerage for Loss Making Trades | S | S |
Compare Services of IIFL / India Infoline vs JM Financial | ||
| Services | IIFL | JM Financial |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Account | S | S |
| Intraday Services | R | R |
| IPO Services | R | R |
| Stock Recommendations | R | R |
| Robo Advisory | S | S |
| PMS | R | R |
| Trading Institution | S | S |
| Trading Exposure | Upto 20x | Upto 7x |
Compare JM Financial & IIFL / India Infoline Research & Advisory | ||
| Research & Advisory | IIFL | JM Financial |
| Fundamental Reports | R | R |
| Research Reports | R | R |
| Company Reports | R | R |
| Annual Reports | R | R |
| Company Stock Review | R | R |
| Free Stock Tips | R | R |
| IPO Reports | R | R |
| Top Picks | R | R |
| Daily Market Review | R | R |
| Monthly Reports | R | R |
| Weekly Reports | R | R |
| Offline Advisory | R | R |
| Relationship Manager | R | R |
IIFL / India Infoline vs JM Financial Exposure/Leverage | ||
| Exposure / Leverage | IIFL | JM Financial |
| Equity Delivery | Upto 5x | Upto 1x |
| Equity Intraday | Upto 20x | Upto 7x |
| Equity Futures | Upto 3x | Upto 2x |
| Equity Options | Upto 3x | Upto 4x |
| Currency Futures | Upto 2x | Upto 3x |
| Currency Options | Upto 2x | Upto 3x |
| Commodities | Upto 3x | Upto 2x |
| Margin Calculator | Iifl Margin Calculator | JM Financial Margin Calculator |
IIFL / India Infoline vs JM Financial Product Comparison | ||
| Products | IIFL | JM Financial |
| Equity Trading | R | R |
| Commodity Trading | R | R |
| Currency Trading | R | R |
| Options | R | R |
| Futures | R | R |
| Mutual Funds | R | R |
| Forex | R | R |
| Banking | S | S |
| SIP | R | R |
| Insurance | S | R |
IIFL / India Infoline vs JM Financial Trading Platform Comparison | ||
| Trading Platforms | IIFL | JM Financial |
| Desktop Platform – Windows | R | R |
| Desktop Platform – Mac | R | R |
| Desktop Browser Platform | R | S |
| Mobile Site Platform | R | R |
| Android App Platform | R | R |
| iOS App Platform | R | R |
| Windows App Platform | S | S |
| Other Mobile OS Platform | S | S |
| Real time Updates | R | R |
| Portfolio Details | R | R |
| Online MF Buy | R | R |
| News Flash | R | R |
| Research Reports | R | R |
| Easy Installation | R | R |
| Global Indices | R | R |
| Stock Tips | R | R |
| Personalized Advisory | R | S |
| Interactive Charts | R | R |
| Live Markets | R | R |
| SMS Alerts | R | S |
| Email Alerts | R | S |
| Multi Account Management | R | S |
IIFL / India Infoline vs JM Financial Customer Support | ||
| Customer Support | IIFL | JM Financial |
| Dedicated Dealer | R | R |
| Offline Trading | S | R |
| Online Trading | R | R |
| 24*7 Support | S | S |
| Email Support | R | R |
| Chat Support | R | S |
| Toll Free Number | 1800 3000 1155 | S |
| Branches | 120 | 50 |
IIFL / India Infoline vs JM Financial Customer Complaints | ||
| Complaints (Current Year) | IIFL | JM Financial |
| Lodged in BSE | 145 | 5 |
| Resolved in BSE | 122 | 5 |
| Lodged in NSE | 214 | 7 |
| Resolved in NSE | 212 | 7 |
Compare IIFL with other Brokers & JM Financial with other Brokers
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