Product Basket
The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
- Equity
- Commodity
- Currency
- Futures
- Options
Brokerage Plans:
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Charges
Account Opening Charges
FreeAccount Maintenance Charges
₹ 250Call & Trade Charges
₹ 20Brokerage
Equity Delivery Brokerage
ZeroEquity Intraday Brokerage
₹ 20Equity Futures Brokerage
₹ 20Equity Options Brokerage
₹ 20Currency Futures Brokerage
₹ 20Currency Options Brokerage
₹ 20Commodity Futures Brokerage
₹ 20Commodity Options Brokerage
₹ 20Margins
Equity Delivery Margin
4xEquity Intraday Margin
20xEquity Futures Margin
5xEquity Options Margin
5xCurrency Futures Margin
2xCurrency Options Margin
1xCommodity Futures Margin
3xCommodity Options Margin
1xCharges
Account Opening Charges
FreeAccount Maintenance Charges
₹ 250Call & Trade Charges
FreeBrokerage
Equity Delivery Brokerage
0.50%Equity Intraday Brokerage
0.05%Equity Futures Brokerage
0.05%Equity Options Brokerage
₹ 100Currency Futures Brokerage
₹ 25Currency Options Brokerage
₹ 10Commodity Futures Brokerage
0.05%Commodity Options Brokerage
0.05%Margins
Equity Delivery Margin
4xEquity Intraday Margin
20xEquity Futures Margin
5xEquity Options Margin
5xCurrency Futures Margin
2xCurrency Options Margin
1xCommodity Futures Margin
3xCommodity Options Margin
1xTrading Platforms Learn More
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Pros
Advantages and Strengths of this broker.
- Being a full-service broker they have branches across India and abroad.
- They provide free research reports for Equity shares and Mutual Fund recommendation.
- For providing margin funding they also accept personal Fixed Deposits as collateral.
- Customers can trade in equity, commodity, and currency through a single platform.
Cons
Disadvantages of this broker that it needs to improve upon.
- IIFL brokerage charges are very high in comparison to other stock brokers.
- They offer only Regular Plans in Mutual Funds.
- The minimum brokerage which is high when compared to other brokers.
Additional Features
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
- 3 in 1 Account
- Free Trading Calls
- Free Research Reports
- SMS Alerts
- Margin Funding
- Margin Against Share
Other Investment Options
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
- Mutual Funds
- IPO Platform
- Bonds & Debt
- Exchange Traded Funds
- Insurance
Why Choose IIFL? Know Everything about IIFL here.
Verdict
IIFL provides advanced trading tools and softwares. They provide so many choices of investment on their website and platforms that for a first-time-user it may be slightly difficult to understand. TTIRIS is a third-party tool provided by them that has state-of-the-art trading features like candlestick scanners, portfolio optimization etc.
If you are a trader, the broker provides you with
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Flat brokerage on equity intraday and F & O delivery depending upon the choice of plan.
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A dedicated relationship manager.
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Seamless execution platforms along with an easy to use interface.
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Call & Trade support.
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Margin Trade Financing at attractive interest costs.
If you are an investor, the broker provides you with
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Free equity Research reports for right decision making
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Free stock ideas for long term investments
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A well-drafted knowledge centre for investor education.
Trading Tools
IIFL Markets App
IIFL Markets is a mobile application used for trading at exchanges (like BSE, NSE, and MCX). The app offers current updates on stock markets along with real-time data on mobile phones. This app is available on Android as well as the iOS platform. It has trading features, charts for the in-depth analysis, live stock quotes, market watch, and access to research reports etc. Customers can also view their P&L, net positions, margins etc. through this app.
Trader Terminal (TTWeb Website)
The trading terminal on the web is designed to facilitate trading on any computer or phone with a web browser. The India Infoline TTWeb has trading features that not only suit a casual investor but a frequent trader as well. It can be used on a desktop, web, and on mobile as well. It is the proprietary software of the company that is available only for premium customers.
Trader Terminal (Desktop Software)
IIFL Trader Terminal is an installable software for Computers that has been created for high volume traders. It is a trading tool with superior charting and analytical capabilities. Besides this, it also has the fastest order execution speed. TT.Exe offers the facility to trade in cash, derivatives, mutual funds, IPOs, and currencies and commodities, all through one screen.
TT Iris
TT Iris is a decision-making software designed for traders. It helps in analyzing the market data on a real-time basis and makes decisions based on the most recent data. It provides some unique features which include customized charting, strategy testing, portfolio optimization, candlestick scanners, and price watch.
Charges Details
For Equity
CHARGES |
DELIVERY |
INTRADAY |
FUTURES |
OPTIONS |
Transaction Charges |
0.00325% - NSE |
0.00325% - NSE |
0.0019% - NSE |
0.05% - NSE |
Demat Transaction Charges |
Sell-side, ₹ 18.5 per scrip |
- |
- |
- |
Clearing Charges |
- |
- |
0.0002% - NSE |
0.005% - NSE |
GST |
18% on Brokerage + Transaction + Demat Charges |
18% on Brokerage + Transaction |
18% on Brokerage + Transaction + Clearing Charges |
18% on Brokerage + Transaction + Clearing Charges |
STT |
₹ 100 per Lacs |
Sell-side, ₹ 25 per Lacs |
Sell-side, ₹ 10 per Lacs |
Sell-side, ₹ 50 per Lacs |
SEBI Charges |
₹ 15 per crore |
₹ 15 per crore |
₹ 15 per crore |
₹ 15 per crore |
For Commodity
CHARGES |
FUTURES |
OPTIONS |
Transaction Charges |
0.0026% - Non Agri |
- |
Clearing Charges |
0.00% |
0.00% |
GST |
18% on Brokerage + Transaction |
18% on Brokerage + Transaction |
STT |
Sell-side, 0.01% on Non-Agri |
Sell-side - 0.05% |
SEBI Charges |
₹ 15 per crore |
₹ 15 per crore |
For Currency
CHARGES |
FUTURES |
OPTIONS |
Transaction Charges |
0.0009% - NSE |
0.04% - NSE |
Clearing Charges |
0.0004% - NSE |
0.025% - NSE |
GST |
18% on Brokerage + Transaction |
18% on Brokerage + Transaction |
STT |
- |
- |
SEBI Charges |
₹ 15 per crore |
₹ 15 per crore |
IIFL Complaints & Stats
Company name:
IIFL Securities LimitedContact:
022-40071000Email:
Cs@iifl.com