Compare 3 Brokers

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

The brokerage of India Infoline (IIFL) Max .05 to .5% per trade while the brokerage of Fyers ranges between Rs 20. India Infoline (IIFL) is a Full Service Broker where Fyers is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5.

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

  India Infoline (IIFL) Compare
India Infoline (IIFL)
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX, NCDEX NSE
Broker Overview 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. Fyers Securities is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing, advisory and recommendation services for smart investment.
Broker Enquiry Open an Online Trading Account with India Infoline (IIFL). Leave your contact info and we will get in touch with you. Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

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

In this section we have compared India Infoline (IIFL) with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where India Infoline (IIFL) charges Rs 750 for account opeing. Demat AMC charges - India Infoline (IIFL) charges Rs 300 PA AMC for Demat account where Fyers charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare India Infoline (IIFL) with Fyers
Charges India Infoline (IIFL) Fyers
Trading Account Opening Fees Rs 750 Free
Trading AMC Free Free
Demat Account Opening Fees Rs 555 Free
Demat AMC Rs 300 PA Rs 400 PA
Provide DP Service Yes No
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About Brokerage Plans

Compare India Infoline (IIFL) vs Fyers on Plan Options

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

Compare India Infoline (IIFL) with Fyers on Plan Options
Plan Types India Infoline (IIFL) Fyers
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  India Infoline (IIFL) Fyers
Account Opening Request
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Brokerage Charges

Compare India Infoline (IIFL) vs Fyers on Brokerage Charges

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.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare India Infoline (IIFL) with Fyers
Brokerage Charges Compare India Infoline (IIFL) Fyers
Plan Name Standard Trading Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Equity Delivery 0.5% or 50 paisa Free
Equity Intraday 0.05% or 5 paisa 0.01% or Rs 20 whichever is lower
Equity Futures 0.05% or 5 paisa 0.01% or Rs 20 whichever is lower
Equity Options 1% of Premium or Rs 100 per lot whichever is high Flat Fee Rs 20
Currency Futures 0.05% or 5 paisa 0.01% or Rs 20 whichever is lower
Currency Options 1% of Premium or Rs 100 per lot whichever is high Flat Fee Rs 20
Commodity Trading 0.05% or 5 paisa NA
Minimum Brokerage Minimum Rs 25 NIL
Hidden Charges Info Not Available No
Funding Yes - 18% interest PA No
Call & Trade Charges Rs 50 Per Call + GST Rs 20 Per Order
Brokerage Calculator Brokerage Calculator for India Infoline (IIFL) Brokerage Calculator for Fyers
SPAN Margin Calculator SPAN Margin Calculator for India Infoline (IIFL) SPAN Margin Calculator for Fyers
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Share Broker's Transaction Charges

Compare India Infoline (IIFL) vs Fyers on Transaction Charges

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

Transaction Charges - Compare India Infoline (IIFL) with Fyers
Transaction Charges Compare India Infoline (IIFL) Fyers
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 240 Per Cr
Equity Options Rs 5000 Per Cr Rs 5900 Per Cr
Currency Futures Rs 110 Per Cr Rs 175 Per Cr
Currency Options Rs 4000 Per Cr Rs 6500 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for iifl-online-5paisa Complete Brokerage Plans for fyers
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Account Features

Compare India Infoline (IIFL) vs Fyers on Account Features

Compare India Infoline (IIFL) with Fyers 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 - Fyers offers Algo Trading where India Infoline (IIFL) doesn't offers Algo Trading. Margin Funding - India Infoline (IIFL) offers margin funding where Fyers doesn't offers margin funding. NRI Trading - India Infoline (IIFL) offers NRI where Fyers doesn't offers NRI Trading.

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

Compare India Infoline (IIFL) vs Fyers on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w India Infoline (IIFL) and Fyers. 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 India Infoline (IIFL) with Fyers
Trading Platform Compare India Infoline (IIFL) Fyers
Desktop Trading Platform IIFL Trader terminal Fyers One
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://ttweb.indiainfoline.com http://webtrader.fyers.in/userMaster/login
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App IIFL Markets Fyers Markets
Mobile Trading App Demo IIFL Markets Demo Fyers Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod IIFL Markets Download Andriod Fyers Markets Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS IIFL Markets Download iOS Fyers 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 India Infoline (IIFL) Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for India Infoline (IIFL) Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for India Infoline (IIFL) Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for iifl-online-5paisa Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare India Infoline (IIFL) vs Fyers on User Rating

  India Infoline (IIFL) Fyers
  81 Customer Reviews    Rate India Infoline (IIFL) 5 Customer Reviews    Rate Fyers
Fees Ratings 3.1 3.4
Trading Brokerage Rating 2.9 3.8
Trading Platform Usability 3.4 4.2
Customer Service Ratings 2.9 4.0
Overall Ratings Rated 2.8 stars Rated 3.8 stars
Broker Rating India Infoline (IIFL) is Rated 2.8 / 5 based on 81 customer reviews Fyers is Rated 3.8 / 5 based on 5 customer reviews
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Investment Offerings

Compare India Infoline (IIFL) vs Fyers on Investment Offerings

Compare India Infoline (IIFL) with Fyers 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 Fyers doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - India Infoline (IIFL) provide PMS Service where Fyers doesn't offer

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

Compare India Infoline (IIFL) vs Fyers on Order Types

Order Type - Compare India Infoline (IIFL) with Fyers 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) - Fyers provides Bracket Orders (BO) where India Infoline (IIFL) doesn't offer.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 India Infoline (IIFL) with Fyers
Order Type Compare India Infoline (IIFL) Fyers
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Margin/Leverage

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

Comapre India Infoline (IIFL) with Fyers 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 India Infoline (IIFL) with Fyers
Margin Product Compare India Infoline (IIFL) Fyers
Equity Delivery Margin India Infoline (IIFL) vs Fyers - Equity Delivery Margin No Delivery margin. No Margin/Leverage for Equity delivery.
Equity Intraday Margin India Infoline (IIFL) vs Fyers - Equity Intraday Margin Upto 5x leverage for equity. Up to 16x leverage for equity.
Futures Margin India Infoline (IIFL) vs Fyers - Futures Margin Upto 2x leverage for futures. Up to 4x leverage for equity futures.
Options Margin India Infoline (IIFL) vs Fyers - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Up to 4x for options selling and 1.3x for options buying.
Equity CO Margin India Infoline (IIFL) vs Fyers - Equity CO Margin Upto 15x margin/leverage in CO order for selected equity scripts via Trader Multiple Option. Up to 20x leverage for equity cover order.
Futures CO Margin India Infoline (IIFL) vs Fyers - Futures CO Margin Upto 25x margin/leverage in CO order for Futures contracts via Trader Multiple Option. Up to 33x leverage for future cover order.
Options CO Margin India Infoline (IIFL) vs Fyers - Options CO Margin Info Not Available Up to 33x leverage for options cover order.
Commodity Margin India Infoline (IIFL) vs Fyers - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare India Infoline (IIFL) vs Fyers on Customer Service

Compare India Infoline (IIFL) with Fyers 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 India Infoline (IIFL) with Fyers
Customer Service Compare India Infoline (IIFL) Fyers
24/7 Customer Service India Infoline (IIFL) vs Fyers - 24x7 customer support No No
Email Support India Infoline (IIFL) vs Fyers - Email Support Yes Yes
Onine Live Chat India Infoline (IIFL) vs Fyers - Onine Live Chat No No
Phone Support India Infoline (IIFL) vs Fyers - Phone Support Yes Yes
Toll Free Number India Infoline (IIFL) vs Fyers - Toll Free Number No No
Through Branches India Infoline (IIFL) vs Fyers - Through Branches Yes No
Customer Care Number India Infoline (IIFL) vs Fyers - Customer Care Number 022-40071000 080 4625 1111
Account Opening Process India Infoline (IIFL) vs Fyers - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email India Infoline (IIFL) vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education India Infoline (IIFL) vs Fyers - Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://fyers.in/faqs/
Head Office Address India Infoline (IIFL) vs Fyers - 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
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore 560009
Website India Infoline (IIFL) vs Fyers - Company Website https://www.indiainfoline.com/ https://fyers.in/
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Tips/Research/Reports Published

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

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

Research Reports - Compare India Infoline (IIFL) with Fyers
  India Infoline (IIFL) Fyers
Research Mutual Funds India Infoline (IIFL) vs Fyers - Research Mutual Funds Yes No
Research Equity Reports India Infoline (IIFL) vs Fyers - Research Equity Reports Yes No
Research ETF India Infoline (IIFL) vs Fyers - Research ETF Yes No
Daily Market Report India Infoline (IIFL) vs Fyers - Daily Market Report Yes No
Free Tips India Infoline (IIFL) vs Fyers - Free Tips Yes No
Quarterly Result Analysis India Infoline (IIFL) vs Fyers - Quarterly Results Yes No
News Alerts India Infoline (IIFL) vs Fyers - Yes Yes
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Demat Account

Compare India Infoline (IIFL) vs Fyers on Demat Account

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

Demat Charges - Compare India Infoline (IIFL) with Fyers
  India Infoline (IIFL) Fyers
DP Source CDSL CDSL
DP ID India Infoline (IIFL) vs Fyers - DP ID 44700 Info Not Available
Demat Account Annual Maintenance Charges(AMC) 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) 400 - Individual, 500 - Non Individual
Advance Deposit Nil NIL
Statutory charges Nil NIL
Transaction Charges on Debit (Per ISIN) 0.04% of the value of the transaction, subject to min Rs 25/- per instruction Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]
Demat Rs 15/- per cert + Rs 40/- as postal charges 2 per certificate + Rs.35 courier charges
Remat 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 Rs 25
Pledge Creation Rs 50/- 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Creation Confirmation Nil 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Closure Nil 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Closure Confirmation Nil 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Invocation Nil 0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually
Failed Instruction Charges Nil Rs 30 per transaction
Other Charges Nil Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request

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Special Offers,Advantages,Disadvantages

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

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

Compare India Infoline (IIFL) vs Fyers on Special Offers and Promotion
  India Infoline (IIFL) Fyers
Pay In and Pay Out Options India Infoline (IIFL) vs Fyers - 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
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time India Infoline (IIFL) vs Fyers - Payout Time Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges India Infoline (IIFL) vs Fyers - Bank Supported and Charges Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from IIFL trading platforms. 21+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes
  • 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...

  1. Investment in mutual funds and advice on investment.
  2. Fyers trading and demat account opening is free and no minimum balance is required to open the account.
  3. In house and unique portfolio investment for new entrants in market called thematic investing at Rs 100 per theme.
  4. Detail Review...

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

Detail Review...

  1. Trading can be done on NSE only.
  2. No own DP service,they have tie-up with IL&FS for demat services.
  3. Automated trading, bracket and cover orders are not available.
  4. DP charges on selling is higher compared to other discount brokers.

Detail Review...

Special Offers/Promo Open IIFL Demat & Trading Account Free - Zero A/c Opening Charge & 1st year AMC waived off (save up to Rs. 1150). Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.
Enquiry Enquire about India Infoline (IIFL) Enquire about Fyers

Last Updated on 2019-07-08T05:15:42+00:00







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