IFCI Financial Services Ltd (IFIN) was promoted in 1995, by IFCI Ltd., to provide a wide range of financial products & services to investors, institutional & retail. IFIN is primarily involved in Stock Broking, Investment Banking, Mutual Fund Distribution & Advisory Services, Depository Participant Services, Insurance Products Distribution & the like.
IFIN is positioned as a global financial supermarket, built on the foundations of incisive research & trust. Intense interaction with investors helps us understand their specific needs & suggest holistic & appropriate financial solutions.
| Website. | www.ifciltd.com |
| Demat Account. | NSDL/CDSL. |
| Trading Exchanges. | NSE,BSE,MCX-SX,MCX,NCDEX. |
| Broker Type. | Full Service Broker. |
IFCI Financial Services Account opening Charges.
| Trading Account. | NA. |
| Demat account. | Rs. 500. |
| Commodity Account. | Rs.120. |
| Trading Annual maintenance charges (AMC.) | Rs 300/per year. |
IFCI Financial Services Brokerage Charges.
| SEGMENT. | BROKERAGE. |
| Equity (Intraday). | 0.03% for Intrday. |
| Equity (Delivery). | 0.3% for Delivery. |
| Equity Futures. | 0.03% of Turnover. |
| Equity Options. | Rs 50/lot. |
| Currency Futures. | 0.03% of Turnover. |
| Currency Options. | Rs 50/lot. |
| Commodity. | 0.03% of Turnover. |
IFCI Financial Services Leverage or Margin.
| SEGMENT. | MARGINS. |
| Equity (Intraday). | Upto 15 times Intraday. |
| Equity (Delivery). | 2 times for Delivery. |
| Equity Futures. | No Leverage. |
| Equity Options. | No Leverage. |
| Currency Futures. | No Leverage. |
| Currency Options. | No Leverage. |
| Commodity. | Upto 2 times for Intraday. |
IFCI Financial Services Trading Platform or Software.
| Trading Platform or Software. | ODIN Diet. |
| Web based. | IFIN First,IFIN Imperia. |
| Mobile Application. | NA. |
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IFCI Financial Services Some Useful Services.
| Online Trade Reports. | YES. |
| Online PNL Reports. | YES. |
| Intraday Chart Facility. | 5 days on ODIN. |
| End of Day Chart Facility. | 5 Yearson ODIN. |
| 3 in 1 Account. | NO. |
| Instant Fund withdrawal. | NO. |
| Relationship Managers. | YES. |
Useful Details.
| Price (Broker Type). | Percentage Based. |
| Headquarters City (Head Office). | New Delhi. |
| Total Branches (Presence). | 15+ bank branches |
| Research & Tips. | Yes Research Provided. |
| Total Experience in Broking. | 21 Years of experience. |
| Year of Incorporation. | 1995 |
Client Info & NRI Account opining Regulations.
| Current Active Client Base? | No Info. |
| NRI Account Opining Allowed Or Not. | YES, It is Allowed. |
Fund Transfers Service.
| Number of bank linked to account. | 15 |
| Mode of payment (Withdraw &Deposit). | Payment Gateway,Cheque. |
| Fund Payin processing time. | Payment Gateway,Cheque. |
| Fund Payout processed (Working Days). | 1 Day. |
Turnover & Other Charges.
| Equity (Cash & Delivery) Turnover charges. | 0.00325% of Turnover. |
| Equity Futures Turnover charges. | 0.005% of Turnover. |
| Equity Options Turnover charges. | 0.065% on premium |
| Currency Futures Turnover charges. | 0.005% |
| Currency Options Turnover charges. | 0.065% on premium |
| Commodities Turnover charges. | 0.005% |
| Dial & Trade charges. | Rs.0. |
| DP Transaction charge. | Rs 15 per debit transaction or0.01% whichever higher. |
Support & Tools Available.
| Brokerage calculator. | Not Available. |
| Margin Calculator. | Not Available. |
| Bracket orders & Trailing stoploss. | Not Available. |
| Cover order. | Not Available. |
| User guide & remote end support. | YES. |
Reports & Confirmation.
| Contract notes on Email. | Yes (Register Email ID). |
| Contract notes online. | Yes (Register Email ID). |
| Periodical statement on Email. | Yes (Register Email ID). |
| Trade confirmation on Email. | Yes (Register Email ID). |
| Trade confirmation on SMS. | Yes (Register Email ID). |
Additional Features.
| Charting (Intraday & EOD). | YES. |
| Coding or Backtesting (Algo Trading). | Not Available. |
| Referral program (Affiliate). | Not Available. |
| Training & Education. | Yes, Knowledge center. |
| Online trading community. | Not Available. |
Customer Care.
| Contact Details. | Register Office. IFCI Tower,15th Floor, 61,Nehru Place, New Delhi 110 019 Corporate Office. Continental Chambers 142, M G Road, Nungambakam, Chennai 600 034. |
| Call. | Customer Care. Toll Free 1800-425-1117. Phone No +91-44-28306600. Fax +91-44-28306650. |
| Email. | [email protected] |
| Complaints Or Grievances. | [email protected] |
IFCI Financial Review & Ratings
On the scale of 5 (0 is worst & 5 is best). Below are the review & rating for IFCI Financial.
| Summary | Ratings |
|---|---|
| Customer Experience | 3.5 / 5 |
| Trading Platform / Mobile APP | 4 / 5 |
| Services | 4 / 5 |
| Brokerage Charges | 5 / 5 |
| Fund Add / Withdrawal | 4.5 / 5 |
| Overall Rating | 4 / 5 |
| Star Rating | ★★★★ |
| Review Counts | 123 |
Sebi Registration.
| NSE-Cash/F&O/Currency : INB/INF/INE 231108631. |
| BSE-Cash/F&O : INB/INF 011108637. |
| MCXSX – Cash/F&O : INB/INF 261108634, Currency : INE261108631. |
| MCX : MCX/TCM/CORP/0236; Member ID : 40415. |
| NCDEX-NCDEX/TCM/CORP/0982; Member ID : 01008. |
| National Spot Exchange : Member ID : 12810. |
| AMFI ARN No.2649; PMS-INP000003328. |
| Merchant Banking – INM000010247. |
More Useful Article
Sir/Madam
I am interested in IFCI Trading Franchise
Dear Natarajan,
Pls contact to IFCI financial partner Team.