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5paisa Vs IIFL Securities: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of 5paisa Max Rs 20 per trade while the brokerage of IIFL Securities ranges between Rs 20. 5paisa is a Discount Broker where IIFL Securities is a Full Service Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for IIFL Securities is 17,18,734 where number of active customer for 5paisa is 11,39,646. IIFL Securities is serving more customer compare to 5paisa.

Here we present side-by-side comparison of 5paisa vs IIFL Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared 5paisa vs IIFL Securities'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 5paisa vs IIFL Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared 5paisa vs IIFL Securities'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 5paisa vs IIFL Securities on Service

  5paisa Compare
5paisa
IIFL Securities Compare
IIFL Securities
Overall Rating Rated 4 stars Rated 4 stars
Brokerage Charges Rated 4 stars Rated 3 stars
Trading Platform Rated 4 stars Rated 4.5 stars
Investments Offering Rated 4 stars Rated 4.5 stars
Customer Service Rated 4 stars Rated 3.5 stars
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 11,39,646 17,18,734
Broker Overview 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m... Know more about 5paisa IIFL Securities is one of the best brokers in terms of its Z20 flat discount brokerage plan, IIFL Markets Mobile app, best research & advisory, complete investment solution, and personalized Portfolio Management Service.
Broker Enquiry Request call back from 5paisa Request call back from IIFL Securities
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Account Opening Charges and AMC

Compare 5paisa vs IIFL Securities on Trading & Demat Account Opening Charges

Comparison of 5paisa with IIFL Securities on trading & demat account opening charges and AMC. Trading account opening charges - 5paisa charges Rs 300 (Rs 500 Cashback as Brokerage) for account opening where IIFL Securities charges Rs 250 (Rs 0, Promotion offer) for account opening. Demat AMC charges - 5paisa charges Rs 300 PA AMC for Demat account where IIFL Securities charges Rs 450 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa with IIFL Securities
Charges 5paisa IIFL Securities
Trading Account Opening Fees Rs 300 (Rs 500 Cashback as Brokerage) Rs 250 (Rs 0, Promotion offer)
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 450 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare 5paisa vs IIFL Securities on Plan Options

Plans are the most important feature you look when compare 5paisa with IIFL Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - 5paisa provide Multiple Plans where IIFL Securities doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare 5paisa with IIFL Securities on Plan Options
Plan Types 5paisa IIFL Securities
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  5paisa IIFL Securities
Account Opening Request
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Brokerage Charges

Compare 5paisa vs IIFL Securities on Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

IIFL Securities Brokerage Plan detail - IIFL Z20 flat discount brokerage plan offers Free delivery trading and charges a maximum of Rs. 20 per order brokerage across segments.

Brokerage Charges - Compare 5paisa with IIFL Securities
Brokerage Charges Compare 5paisa IIFL Securities
Plan Name Basic Plan IIFL Z20 Brokerage Plan
Equity Delivery Flat Fee Rs 20 Flat Fee Rs 20
Equity Intraday Flat Fee Rs 20 Flat Fee Rs 20
Equity Futures Flat Fee Rs 20 Flat Fee Rs 20
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Fee Rs 20 0.05% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20 0.05% or Rs 20 whichever is lower
Minimum Brokerage NA NIL
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Rs 100 per call(No limit of orders) Rs 50 Per Call + GST
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for IIFL Securities
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Share Broker's Transaction Charges

Compare 5paisa vs IIFL Securities on Transaction Charges

Compare 5paisa with IIFL Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa with IIFL Securities
Transaction Charges Compare 5paisa IIFL Securities
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 90 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity Rs 260 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for iifl-securities
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Account Features

Compare 5paisa vs IIFL Securities on Account Features

Compare 5paisa with IIFL Securities 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 - 5paisa offers Algo Trading where IIFL Securities doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - IIFL Securities offers NRI where 5paisa doesn't offers NRI Trading.

Account Features - 5paisa with IIFL Securities
Account Features Compare 5paisa IIFL Securities
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. No 5paisa have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes 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 Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare 5paisa vs IIFL Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and IIFL Securities. 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 5paisa with IIFL Securities
Trading Platform Compare 5paisa IIFL Securities
Desktop Trading Platform 5paisaTradeStation IIFL Trader terminal
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://www.5paisa.com/online-trading https://ttweb.indiainfoline.com
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App IIFL Markets
Mobile Trading App Demo 5paisa Mobile App Demo IIFL Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod IIFL Markets Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS 5paisa Mobile App 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 5paisa Equity Intraday and Delivery Brokerage Calculator for IIFL Securities
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for IIFL Securities
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for IIFL Securities
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for iifl-securities

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Broker Ratings by Users

Compare 5paisa vs IIFL Securities on User Rating

  5paisa IIFL Securities
  27 Customer Reviews    Rate 5paisa 82 Customer Reviews    Rate IIFL Securities
Fees Ratings 3.1 3.1
Trading Brokerage Rating 3.9 2.9
Trading Platform Usability 3.3 3.4
Customer Service Ratings 2.7 2.9
Overall Ratings Rated 3.2 stars Rated 2.8 stars
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews
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Investment Offerings

Compare 5paisa vs IIFL Securities on Investment Offerings

Compare 5paisa with IIFL Securities 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 - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - IIFL Securities provides PMS Service where 5paisa doesn't offer

Investment Offerings - Compare 5paisa with IIFL Securities
Investment Offerings Compare 5paisa IIFL Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service No Yes
Other Investment Options NIL NIL
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Order Types

Compare 5paisa vs IIFL Securities on Order Types

Order Type - Compare 5paisa with IIFL Securities 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) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - 5paisa provide Bracket Orders (BO) where IIFL Securities 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 facilities. The orders are sent to exchange on the next trading day. GTC Orders- IIFL Securities offers Good Till Cancelled (GTC) orders where 5paisa doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare 5paisa with IIFL Securities
Order Type Compare 5paisa IIFL Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare 5paisa vs IIFL Securities on Customer Service

Compare 5paisa with IIFL Securities 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 5paisa with IIFL Securities
Customer Service Compare 5paisa IIFL Securities
24/7 Customer Service 5paisa vs IIFL Securities - 24x7 customer support No Yes
Email Support 5paisa vs IIFL Securities - Email Support Yes Yes
Onine Live Chat 5paisa vs IIFL Securities - Onine Live Chat No Yes
Phone Support 5paisa vs IIFL Securities - Phone Support Yes Yes
Toll Free Number 5paisa vs IIFL Securities - Toll Free Number No Yes
Through Branches 5paisa vs IIFL Securities - Through Branches No Yes
Customer Care Number 5paisa vs IIFL Securities - Customer Care Number +91 89766 89766 022-40071000
Account Opening Process 5paisa vs IIFL Securities - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email 5paisa vs IIFL Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education 5paisa vs IIFL Securities - Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx
Head Office Address 5paisa vs IIFL Securities - Head Office Address/Corporate Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Website 5paisa vs IIFL Securities - Company Website https://www.5paisa.com/ https://www.indiainfoline.com/
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Tips/Research/Reports Published

Compare 5paisa vs IIFL Securities on Research Reports, Tips

Compare 5paisa with IIFL Securities on research reports and tips provided by the broker.

Research Reports - Compare 5paisa with IIFL Securities
  5paisa IIFL Securities
Research Mutual Funds 5paisa vs IIFL Securities - Research Mutual Funds Yes Yes
Research Equity Reports 5paisa vs IIFL Securities - Research Equity Reports Yes Yes
Research ETF 5paisa vs IIFL Securities - Research ETF No Yes
Daily Market Report 5paisa vs IIFL Securities - Daily Market Report Yes Yes
Free Tips 5paisa vs IIFL Securities - Free Tips Yes Yes
Quarterly Result Analysis 5paisa vs IIFL Securities - Quarterly Results No Yes
News Alerts 5paisa vs IIFL Securities - Yes Yes
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Demat Account

Compare 5paisa vs IIFL Securities on Demat Account

Compare 5paisa with IIFL Securities 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 IIFL Securities is ₹400 pa where for 5paisa is ₹300 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 5paisa is ₹12.50 per ISIN where for IIFL Securities is 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges).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 5paisa with IIFL Securities
  5paisa IIFL Securities
DP Source CDSL CDSL
DP ID 5paisa vs IIFL Securities - DP ID 82500 44700
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹400 pa
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)
Demat ₹15 per certificate ₹15 per certificate + ₹40 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges
Pledge Creation ₹50 ₹50
Pledge Creation Confirmation NIL Nil
Pledge Closure NIL Nil
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare 5paisa vs IIFL Securities on Special Offers and Promotion

Compare 5paisa with IIFL Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs IIFL Securities on Special Offers and Promotion
  5paisa IIFL Securities
Pay In and Pay Out Options 5paisa vs IIFL Securities - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
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 5paisa vs IIFL Securities - Payout Time Max 24 hrs except bank holidays 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 5paisa vs IIFL Securities - Bank Supported and Charges Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms.
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Likes
  • Rs. 20/order brokerage regardless of trade value.
  • Rs. 0 brokerage on delivery trades in Ultra Trader Pack.
  • Trade at just Rs. 10/order with Power Investor and Ultra Trader Pack.
  • Zero balance 5paisa account.
  • Free or Rs. 0 commission investment in mutual funds.
  • Investment in US Stocks at zero commission.
  • Best free trading platforms across web, desktop, and mobile app versions.
  • 5paisa Invest App, a dedicated mutual fund investment platform.
  • Smart research tools and intelligent portfolio investing ideas by experts.
  • Get comprehensive research on 4,000+ stocks.
  • Advanced orders like bracket order and cover order.
  • 5paisa Valid Till Triggered (VTT) order facility.
  • Free of cost 5paisa API to build your trading terminal.
  • 5paisa Smallcase, thematic investing platform.
  • 5paisa Algo Trading platform with the state-of-the-art automated trading feature.
  • 5paisa School, stock market education & learning center for beginners.

Detail Review...

Detail Review...

Dislikes
  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

Detail Review...

  • High call & trade charges of Rs. 50 per order.
  • Unavailability of the IIFL 3-in-1 account.
  • High IIFL Securities Account Opening Charge than other brokers.

Detail Review...

Special Offers/Promo Rs 500 Cashback as Brokerage benefit. This is a limited time promotional offer. Open IIFL Demat & Trading Account Free - Zero A/c Opening Charge & 1st year AMC waived off.
Enquiry Enquire for 5paisa Enquire for IIFL Securities

Last Updated on 2022-05-25T01:20:20+00:00


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