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.
India Infoline (IIFL)
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||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...||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.|
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.
|Charges||ICICIDirect||India Infoline (IIFL)|
|Trading Account Opening Fees||Free||Rs 750|
|Demat Account Opening Fees||Free||Rs 555|
|Demat AMC||Rs 600 PA (Waived for 1st year)||Rs 300 PA|
|Provide DP Service|
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.
|Plan Types||ICICIDirect||India Infoline (IIFL)|
|ICICIDirect||India Infoline (IIFL)|
|Account Opening Request|
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||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)|
Compare ICICIDirect with India Infoline (IIFL) on transaction charges and PCM fee by segment.
|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|
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 Compare||ICICIDirect||India Infoline (IIFL)|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
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||India Infoline (IIFL)|
|Desktop Trading Platform||Trade Racer||IIFL Trader terminal|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.icicidirect.com||https://ttweb.indiainfoline.com|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||ICICI direct Mobile||IIFL Markets|
|Mobile Trading App Demo||ICICI direct Mobile Demo||IIFL Markets Demo|
|Android Mobile App|
|Android App Download||Andriod ICICI direct Mobile Download||Andriod IIFL Markets Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS ICICI direct Mobile Download||iOS IIFL Markets Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
|ICICIDirect||India Infoline (IIFL)|
|264 Customer Reviews||81 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|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|
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||India Infoline (IIFL)|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
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 Type Compare||ICICIDirect||India Infoline (IIFL)|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||ICICIDirect||India Infoline (IIFL)|
|Equity Delivery Margin||No Delivery margin.||No Delivery margin.|
|Equity Intraday Margin||Upto 5x leverage for equity.||Upto 5x leverage for equity.|
|Futures Margin||Upto 2x leverage for futures.||Upto 2x leverage for futures.|
|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||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||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||Upto 25x margin/leverage in CO order for options contracts sell only.||Info Not Available|
|Commodity Margin||Info Not Available||Info Not Available|
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 Service Compare||ICICIDirect||India Infoline (IIFL)|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||33551122||022-40071000|
|Account Opening Process||Offline||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||ICICI Centre,
H.T. Parekh Marg,
Mumbai – 400020
|IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Compare ICICIDirect with India Infoline (IIFL) on research reports and tips provided by broker.
|ICICIDirect||India Infoline (IIFL)|
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare ICICIDirect with India Infoline (IIFL) on Demat Service and Charges. This section cover about demat charges, demat service and other details
|ICICIDirect||India Infoline (IIFL)|
|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|
Compare ICICIDirect with India Infoline (IIFL) on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|ICICIDirect||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||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||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
|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