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IIFL Securities Vs : Which one is better?

Both the brokers are registered with SEBI. IIFL Securities offers investmenet in Equity, F&O, Currency and Commodities, where offers investment in Equity, F&O and Currency only. Number of active customer for IIFL Securities is 4,37,829 where number of active customer for is . IIFL Securities is serving more customer compare to .

Here we present side-by-side comparison of IIFL Securities vs share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared IIFL Securities vs 's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of IIFL Securities vs share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared IIFL Securities vs 's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare IIFL Securities vs on Service

  IIFL Securities Compare
IIFL Securities
 Compare
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX
Active Clients 4,37,829
Broker Overview IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,... Know more about IIFL Securities
Broker Enquiry Request call back from IIFL Securities Request call back from Zerodha
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Account Opening Charges and AMC

Compare IIFL Securities vs on Trading & Demat Account Opening Charges

Comparison of IIFL Securities with on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities offer Free account opening where charges for account opening. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account where charges AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities with
Charges IIFL Securities
Trading Account Opening Fees Free
Trading AMC Free
Demat Account Opening Fees Free
Demat AMC Rs 250 PA (Free for 1st year)
Provide DP Service Yes
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About Brokerage Plans

Compare IIFL Securities vs on Plan Options

Plans are the most important feature you look when compare IIFL Securities with . This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare IIFL Securities with on Plan Options
Plan Types IIFL Securities
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  IIFL Securities Zerodha
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs on Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

Brokerage Plan detail -

Brokerage Charges - Compare IIFL Securities with
Brokerage Charges Compare IIFL Securities
Plan Name IIFL iSERVE Brokerage Plan
Equity Delivery Flat Rs 20 per order
Equity Intraday Flat Rs 20 per order
Equity Futures Flat Rs 20 per order
Equity Options Flat Rs 20 per order
Currency Futures Flat Rs 20 per order
Currency Options Flat Rs 20 per order
Commodity Trading Flat Rs 20 per order
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available
Funding Yes - 18% interest PA
Call & Trade Charges Rs 50 Per Call + GST
Auto Square off Charges Rs 50 Per Call + GST
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for
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Share Broker's Transaction Charges

Compare IIFL Securities vs on Transaction Charges

Compare IIFL Securities with on transaction charges and PCM fee by segment.

Transaction Charges - Compare IIFL Securities with
Transaction Charges Compare IIFL Securities
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for iifl-securities Complete Brokerage Plans for
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Account Features

Compare IIFL Securities vs on Account Features

Compare IIFL Securities with on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - offers Algo Trading where IIFL Securities doesn't offers Algo Trading. Margin Funding - IIFL Securities offers a margin funding where doesn't offers margin funding. NRI Trading - IIFL Securities offers NRI where doesn't offers NRI Trading.

Account Features - IIFL Securities with
Account Features Compare IIFL Securities
3 in 1 Account No IIFL Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes
Algo Trading No
SMS Alerts Yes
Online Demo Yes
Online Portfolio Yes
Margin Trading Funding Available Yes
Combined Ledger for Equity and Commodity Yes
Intraday Square-off Time 3:15PM
NRI Trading Yes
Other Features NIL NIL
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Trading Platform

Compare IIFL Securities vs on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities and . This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare IIFL Securities with
Trading Platform Compare IIFL Securities
Desktop Trading Platform IIFL Trader terminal
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes
Desktop Platform (Mac) No
Web Trading Platform Yes
Web Trading Detail https://ttweb.indiainfoline.com
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes
Mobile Trading Yes
Mobile Trading App IIFL Markets
Mobile Trading App Demo IIFL Markets Demo Demo
Android Mobile App Yes
Android App Download Andriod IIFL Markets Download Andriod Download
iPhone Mobile App (IOS) Yes
iOS App Download iOS IIFL Markets Download iOS Download
Android Tablet App Yes
iPad App (IOS) Yes
Trading Software Charges Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IIFL Securities Equity Intraday and Delivery Brokerage Calculator for
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for

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Broker Ratings by Users

Compare IIFL Securities vs on User Rating

  IIFL Securities
  82 Customer Reviews    Rate IIFL Securities Customer Reviews    Rate
Fees Ratings 3.1
Trading Brokerage Rating 2.9
Trading Platform Usability 3.4
Customer Service Ratings 2.9
Overall Ratings 2.8
Broker Rating IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews
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Investment Offerings

Compare IIFL Securities vs on Investment Offerings

Compare IIFL Securities with on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - IIFL Securities offers trading options in Commodity (MCX) where doesn't offer. Online Mutual Fund Investment - IIFL Securities offers online mutual fund investment option where doesn't offer. Portfolio Management Services (PMS) - IIFL Securities provide PMS Service where doesn't offer

Investment Offerings - Compare IIFL Securities with
Investment Offerings Compare IIFL Securities
Equity Cash and F&O Yes
Currency Deravitives Yes
Commodity Yes
Online IPO Application Yes
Mutual Funds Yes
Bond / NCD Yes
ETF Yes
Banking No
Insurance Yes
Forex No
MF SIP Investment Yes
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare IIFL Securities vs on Order Types

Order Type - Compare IIFL Securities with on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - IIFL Securities provide Cover Orders (CO) where doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- IIFL Securities offers After Market Orders where doesn't offers AMO. GTC Orders- IIFL Securities offers Good Till Cancelled (GTC) orders where doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare IIFL Securities with
Order Type Compare IIFL Securities
CNC order Yes No
MIS order Yes No
NRML order Yes No
Cover order Yes No
Bracket order No No
AMO-After Market Orders Yes
GTC-Good Till Cancelled Yes
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Customer Service Offered

Compare IIFL Securities vs on Customer Service

Compare IIFL Securities with on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare IIFL Securities with
Customer Service Compare IIFL Securities
24/7 Customer Service IIFL Securities vs  - 24x7 customer support Yes
Email Support IIFL Securities vs  - Email Support Yes
Onine Live Chat IIFL Securities vs  - Onine Live Chat Yes
Phone Support IIFL Securities vs  - Phone Support Yes
Toll Free Number IIFL Securities vs  - Toll Free Number Yes
Through Branches IIFL Securities vs  - Through Branches Yes
Customer Care Number IIFL Securities vs  - Customer Care Number 022-40071000
Account Opening Process IIFL Securities vs  - Account Opening Process Online/Paperless
Customer Support Email IIFL Securities vs  - Customer Support Email [email protected]
Knowledge Center/Education IIFL Securities vs  - Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx
Head Office Address IIFL Securities vs  - Head Office Address/Corporate Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Website IIFL Securities vs  - Company Website https://www.indiainfoline.com/
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Tips/Research/Reports Published

Compare IIFL Securities vs on Research Reports, Tips

Compare IIFL Securities with on research reports and tips provided by the broker.

Research Reports - Compare IIFL Securities with
  IIFL Securities
Research Mutual Funds IIFL Securities vs  - Research Mutual Funds Yes
Research Equity Reports IIFL Securities vs  - Research Equity Reports Yes
Research ETF IIFL Securities vs  - Research ETF Yes
Daily Market Report IIFL Securities vs  - Daily Market Report Yes
Free Tips IIFL Securities vs  - Free Tips Yes
Quarterly Result Analysis IIFL Securities vs  - Quarterly Results Yes
News Alerts IIFL Securities vs  - Yes
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Demat Account

Compare IIFL Securities vs on Demat Account

Compare IIFL Securities with on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for is where for IIFL Securities is ₹400 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for IIFL Securities is 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) where for is .You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare IIFL Securities with
  IIFL Securities
DP Source CDSL
DP ID IIFL Securities vs  - DP ID 44700
Demat Account Annual Maintenance Charges(AMC) ₹400 pa
Advance Deposit Nil
Statutory charges Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)
Demat ₹15 per certificate + ₹40 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges
Pledge Creation ₹50
Pledge Creation Confirmation Nil
Pledge Closure Nil
Pledge Closure Confirmation Nil
Pledge Invocation Nil
Failed Instruction Charges Nil
Other Charges Nil
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Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs on Special Offers and Promotion

Compare IIFL Securities with on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare IIFL Securities vs on Special Offers and Promotion
  IIFL Securities
Pay In and Pay Out Options IIFL Securities vs  - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time IIFL Securities vs  - Payout Time Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999.
Bank Supported and Charges IIFL Securities vs  - Bank Supported and Charges Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms.
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Likes
  • Hassle-free onboarding process at zero paperwork.
  • Zero Demat AMC for 1 year.
  • Lowest brokerage online trading at just Rs. 20/order
  • Free state-of-the-art mobile app, web, and desktop trading software.
  • Paperless mutual fund investment at zero brokerage.
  • Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc.
  • Comprehensive equity and mutual funds research.
  • Pre-IPO apply
  • Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order.
  • Margin trading facility.
  • Blogs and knowledge center for beginners.

Detail Review...

Detail Review...

Dislikes
  • IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility.
  • If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading.

Detail Review...

Detail Review...

Special Offers/Promo
Enquiry Open IIFL Securities Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T04:42:55+00:00