Compare 3 Brokers

ICICIDirect Vs India Infoline (IIFL): Which one is better?

The brokerage of ICICIDirect ranges between 0.05 to .55% while the brokerage of India Infoline (IIFL) ranges between .05 to .5%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5.

Here we present side-by-side comparison of ICICIDirect vs India Infoline (IIFL) share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared ICICIDirect vs India Infoline (IIFL)'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.

Compare ICICIDirect vs India Infoline (IIFL) on Service

  ICICIDirect Compare
ICICIDirect
India Infoline (IIFL) Compare
India Infoline (IIFL)
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE NSE, BSE, MCX, NCDEX
Broker Overview ICICI Direct, pioneering online trading platform of ICICI Securities, charges more than its competitors,but delivers with a fantastic platform and innovative offering and strong customer service. With these attributes, the company earns its No. 1 ove... Know more about ICICIDirect IIFL empowers you with cutting-edge technology , world-renowned research reports, finest trading platform: Trader Terminal,online IPO investment, portfolio management services and so on for successful investment and trading comforts.
Broker Enquiry Open an Online Trading Account with ICICIDirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with India Infoline (IIFL). Leave your contact info and we will get in touch with you.
Expand

Account Opening Charges and AMC

Compare ICICIDirect vs India Infoline (IIFL) on Trading & Demat Account Opening Charges

In this section we have compared ICICIDirect with India Infoline (IIFL) on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect offer Free account opening where India Infoline (IIFL) charges Rs 750 for account opeing. Demat AMC charges - ICICIDirect charges Rs 600 PA (Waived for 1st year) AMC for Demat account where India Infoline (IIFL) charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect with India Infoline (IIFL)
Charges ICICIDirect India Infoline (IIFL)
Trading Account Opening Fees Free Rs 750
Trading AMC Free Free
Demat Account Opening Fees Free Rs 555
Demat AMC Rs 600 PA (Waived for 1st year) Rs 300 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare ICICIDirect vs India Infoline (IIFL) on Plan Options

Plans are the most important feature you look when compare ICICIDirect with India Infoline (IIFL). This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect provide Multiple Plans where India Infoline (IIFL) doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.

Compare ICICIDirect with India Infoline (IIFL) on Plan Options
Plan Types ICICIDirect India Infoline (IIFL)
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  ICICIDirect India Infoline (IIFL)
Account Opening Request
Expand

Brokerage Charges

Compare ICICIDirect vs India Infoline (IIFL) on Brokerage Charges

ICICIDirect Brokerage Plan detail - This is an ICICIDirect fixed brokerage plan irrespective of turnover volume best suited for casual traders.

India Infoline (IIFL) Brokerage Plan detail - This is a standard plan by IIFL.This is % based brokerage plan.Brokerage is between .05% to .5%, which is 5 paisa to 50 paisa.

Brokerage Charges - Compare ICICIDirect with India Infoline (IIFL)
Brokerage Charges Compare ICICIDirect India Infoline (IIFL)
Plan Name I-Secure Trading Plan (Percentage Based) Standard Trading Plan (Percentage Based)
Equity Delivery 0.55% or 55 paisa 0.5% or 50 paisa
Equity Intraday 0.03% or 3 paisa 0.05% or 5 paisa
Equity Futures 0.05% or 5 paisa 0.05% or 5 paisa
Equity Options Rs 95 Per Lot 1% of Premium or Rs 100 per lot whichever is high
Currency Futures 0.05% or 5 paisa 0.05% or 5 paisa
Currency Options Rs 25 Per Lot 1% of Premium or Rs 100 per lot whichever is high
Commodity Trading NA 0.05% or 5 paisa
Minimum Brokerage Rs 35 per trade Minimum Rs 25
Hidden Charges Yes Info Not Available
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges First 20 call free and Rs 25 there onwards. Rs 50 Per Call + GST
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for India Infoline (IIFL)
SPAN Margin Calculator SPAN Margin Calculator for ICICIDirect SPAN Margin Calculator for India Infoline (IIFL)
Expand

Share Broker's Transaction Charges

Compare ICICIDirect vs India Infoline (IIFL) on Transaction Charges

Compare ICICIDirect with India Infoline (IIFL) on transaction charges and PCM fee by segment.

Transaction Charges - Compare ICICIDirect with India Infoline (IIFL)
Transaction Charges Compare ICICIDirect India Infoline (IIFL)
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 100 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for iifl-online-5paisa
Expand

Account Features

Compare ICICIDirect vs India Infoline (IIFL) on Account Features

Compare ICICIDirect with India Infoline (IIFL) on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 account where India Infoline (IIFL) offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo tradig. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - both brokers provides NRI Trading facility.

Account Features - ICICIDirect with India Infoline (IIFL)
Account Features Compare ICICIDirect India Infoline (IIFL)
3 in 1 Account Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No ICICIDirect have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
Expand

Trading Platform

Compare ICICIDirect vs India Infoline (IIFL) on Trading Platform

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

Trading Platform - Compare ICICIDirect with India Infoline (IIFL)
Trading Platform Compare ICICIDirect India Infoline (IIFL)
Desktop Trading Platform Trade Racer IIFL Trader terminal
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) Yes No
Web Trading Platform Yes Yes
Web Trading Detail https://www.icicidirect.com https://ttweb.indiainfoline.com
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ICICI direct Mobile IIFL Markets
Mobile Trading App Demo ICICI direct Mobile Demo IIFL Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod IIFL Markets Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS IIFL Markets Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for India Infoline (IIFL)
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for India Infoline (IIFL)
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for India Infoline (IIFL)
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for iifl-online-5paisa

Expand

Broker Ratings by Users

Compare ICICIDirect vs India Infoline (IIFL) on User Rating

  ICICIDirect India Infoline (IIFL)
  264 Customer Reviews    Rate ICICIDirect 81 Customer Reviews    Rate India Infoline (IIFL)
Fees Ratings 2.4 3.1
Trading Brokerage Rating 1.8 2.9
Trading Platform Usability 3.3 3.4
Customer Service Ratings 2.8 2.9
Overall Ratings Rated 2.5 stars Rated 2.8 stars
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 264 customer reviews India Infoline (IIFL) is Rated 2.8 / 5 based on 81 customer reviews
Expand

Investment Offerings

Compare ICICIDirect vs India Infoline (IIFL) on Investment Offerings

Compare ICICIDirect with India Infoline (IIFL) 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - India Infoline (IIFL) offers trading options in Commodity (MCX) where ICICIDirect doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers provides PMS Service. You can invest in stocks/equity/bonds using PMS.

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

Order Types

Compare ICICIDirect vs India Infoline (IIFL) on Order Types

Order Type - Compare ICICIDirect with India Infoline (IIFL) on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. 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 brokers 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)- both offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders- both offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare ICICIDirect with India Infoline (IIFL)
Order Type Compare ICICIDirect India Infoline (IIFL)
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
Expand

Margin/Leverage

Compare ICICIDirect vs India Infoline (IIFL) on Margin/Leverage

Comapre ICICIDirect with India Infoline (IIFL) on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare ICICIDirect with India Infoline (IIFL)
Margin Product Compare ICICIDirect India Infoline (IIFL)
Equity Delivery Margin ICICIDirect vs India Infoline (IIFL) - Equity Delivery Margin No Delivery margin. No Delivery margin.
Equity Intraday Margin ICICIDirect vs India Infoline (IIFL) - Equity Intraday Margin Upto 5x leverage for equity. Upto 5x leverage for equity.
Futures Margin ICICIDirect vs India Infoline (IIFL) - Futures Margin Upto 2x leverage for futures. Upto 2x leverage for futures.
Options Margin ICICIDirect vs India Infoline (IIFL) - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin ICICIDirect vs India Infoline (IIFL) - Equity CO Margin Upto 25x margin/leverage in CO order for selected equity scripts. Upto 15x margin/leverage in CO order for selected equity scripts via Trader Multiple Option.
Futures CO Margin ICICIDirect vs India Infoline (IIFL) - Futures CO Margin Upto 25x margin/leverage in CO order for Futures contracts. Upto 25x margin/leverage in CO order for Futures contracts via Trader Multiple Option.
Options CO Margin ICICIDirect vs India Infoline (IIFL) - Options CO Margin Upto 25x margin/leverage in CO order for options contracts sell only. Info Not Available
Commodity Margin ICICIDirect vs India Infoline (IIFL) - Commodity Margin Info Not Available Info Not Available
Expand

Customer Service Offered

Compare ICICIDirect vs India Infoline (IIFL) on Customer Service

Compare ICICIDirect with India Infoline (IIFL) on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare ICICIDirect with India Infoline (IIFL)
Customer Service Compare ICICIDirect India Infoline (IIFL)
24/7 Customer Service ICICIDirect vs India Infoline (IIFL) - 24x7 customer support No No
Email Support ICICIDirect vs India Infoline (IIFL) - Email Support Yes Yes
Onine Live Chat ICICIDirect vs India Infoline (IIFL) - Onine Live Chat No No
Phone Support ICICIDirect vs India Infoline (IIFL) - Phone Support Yes Yes
Toll Free Number ICICIDirect vs India Infoline (IIFL) - Toll Free Number No No
Through Branches ICICIDirect vs India Infoline (IIFL) - Through Branches Yes Yes
Customer Care Number ICICIDirect vs India Infoline (IIFL) - Customer Care Number 33551122 022-40071000
Account Opening Process ICICIDirect vs India Infoline (IIFL) - Account Opening Process Offline Online/Paperless
Customer Support Email ICICIDirect vs India Infoline (IIFL) - Customer Support Email [email protected] [email protected]
Knowledge Center/Education ICICIDirect vs India Infoline (IIFL) - Knowledge Center/Education http://content.icicidirect.com/indexfaq.asp https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx
Head Office Address ICICIDirect vs India Infoline (IIFL) - Head Office Address/Corporate Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai 400020
IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Website ICICIDirect vs India Infoline (IIFL) - Company Website https://www.icicidirect.com https://www.indiainfoline.com/
Expand

Tips/Research/Reports Published

Compare ICICIDirect vs India Infoline (IIFL) on Research Reports, Tips

Compare ICICIDirect with India Infoline (IIFL) on research reports and tips provided by broker.

Research Reports - Compare ICICIDirect with India Infoline (IIFL)
  ICICIDirect India Infoline (IIFL)
Research Mutual Funds ICICIDirect vs India Infoline (IIFL) - Research Mutual Funds Yes Yes
Research Equity Reports ICICIDirect vs India Infoline (IIFL) - Research Equity Reports Yes Yes
Research ETF ICICIDirect vs India Infoline (IIFL) - Research ETF Yes Yes
Daily Market Report ICICIDirect vs India Infoline (IIFL) - Daily Market Report Yes Yes
Free Tips ICICIDirect vs India Infoline (IIFL) - Free Tips Yes Yes
Quarterly Result Analysis ICICIDirect vs India Infoline (IIFL) - Quarterly Results Yes Yes
News Alerts ICICIDirect vs India Infoline (IIFL) - Yes Yes
Expand

Demat Account

Compare ICICIDirect vs India Infoline (IIFL) on Demat Account

Compare ICICIDirect with India Infoline (IIFL) on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare ICICIDirect with India Infoline (IIFL)
  ICICIDirect India Infoline (IIFL)
DP Source CDSL CDSL
DP ID ICICIDirect vs India Infoline (IIFL) - DP ID 14300 44700
Demat Account Annual Maintenance Charges(AMC) Payable yearly in advance ? For Individual account : Rs. 500 p.a. For Corporate a/c : 1500 p.a. 1)Regular Accounts (NON BSDA) i.Rs.400/- + Service Tax as Yearly AMC based on Finacial Year (Upfront charge) 2)Rs 100/- yearly plus Service tax for BSDA Account if holding valuation between Rs. 50,001/- to Rs.2 lacs (Upfront charge from the activation of BSDA) 3)Rs 3000/-yearly plus service tax on client request (Upfront charge) 4)Rs 500/- per annum plus service tax only for Corporate demat a/c as Depository AMC charges in addittion to DP AMC (Upfront Charge)
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account Nil
Statutory charges Stamp Duty at actuals Nil
Transaction Charges on Debit (Per ISIN) For Normal Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/-) For Debt instruments Mkt & Off Mkt sell (0.04% of trans value for each CID)(subj to Min Rs.30/- & Max Rs.500/-) 0.04% of the value of the transaction, subject to min Rs 25/- per instruction
Demat Rs.50 /- Per Demat Request Form and Rs.10/- For Each Certificates Rs 15/- per cert + Rs 40/- as postal charges
Remat Rs. 30 + CDSL actuals Rs 15/- per certificate, or Rs.15 for every 100 securities or part thereof whichever is higher plus Rs 40/- per request towards postal charges
Pledge Creation 0.03 % or minimum of Rs. 50/- Rs 50/-
Pledge Creation Confirmation 0.03 % or minimum of Rs. 50/- Nil
Pledge Closure 0.03 % or minimum of Rs. 50/- Nil
Pledge Closure Confirmation 0.03 % or minimum of Rs. 50/- Nil
Pledge Invocation 0.03 % or minimum of Rs. 50/- Nil
Failed Instruction Charges Rejection/Fails Rs.30/- Nil
Other Charges a) Mailing charges for non periodic statements and other communication , Rs. 50 for inland and Rs. 500.0 for foreign address . b) Rs. 200/- for restoring services if account is suspended for non payment of charges. Nil

Expand

Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs India Infoline (IIFL) on Special Offers and Promotion

Compare ICICIDirect with India Infoline (IIFL) on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare ICICIDirect vs India Infoline (IIFL) on Special Offers and Promotion
  ICICIDirect India Infoline (IIFL)
Pay In and Pay Out Options ICICIDirect vs India Infoline (IIFL) - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
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 ICICIDirect vs India Infoline (IIFL) - Payout Time Instance to ICICI Bank. 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 ICICIDirect vs India Infoline (IIFL) - Bank Supported and Charges Info Not Available Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from IIFL trading platforms.
Bank Detail Direct from your ICICI bank account. India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Likes
  • 3-in-1 online trading account.
  • Rich research offering.
  • 24/7 customer service.
  • Easy-to-use website.
  • Innovative offerings like - Margin, MarginPlus, BTST, SPOT.
  • Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance.

Detail Review...

  • Convenient single trading platform for all segments.
  • Single sign in for equity & commodity account.
  • Fast and proven IIFL Web Trade Terminal & IIFL Markets Mobile app.

Detail Review...

Dislikes
  • Minimum brokerage charges.
  • No commodity trading.
  • High brokerage.
  • Not a good fit for small and penny stock traders.
  • Charges for trading terminal usage.

Detail Review...

  • Fund transfer charges and minimum brokerage charges.
  • Multiple brokerage plan creates confusion.
  • Hidden charges here and there.

Detail Review...

Special Offers/Promo Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Open IIFL Demat & Trading Account Free - Zero A/c Opening Charge & 1st year AMC waived off (save up to Rs. 1150).
Enquiry Enquire about ICICIDirect Enquire about India Infoline (IIFL)

Last Updated on 2019-07-08T23:24:28+00:00







Search topsharebrokers.com:

Translate topsharebrokers.com: