FREE Account Opening + No Clearing Fees
Loading...

5paisa Vs IIFL Securities (Compare 5paisa and IIFL Securities)

5paisa Capital Ltd Logo

About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa ... Know more about 5paisa Capital Ltd

IIFL Securities Ltd Logo

About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD... Know more about IIFL Securities Ltd

Expand

5paisa Vs IIFL Securities

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India.

  5paisa IIFL Securities
Type of Broker Discount Broker Full Service Broker
Exchnage Membership NSE, BSE NSE, BSE, MCX
Year of Incorporation 1996 1996
Number of Branches 1 900
Open 5paisa AccountOpen IIFL Securities Account

Expand

5paisa Vs IIFL Securities Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while IIFL Securities account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 300 and IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year).

  5paisa IIFL Securities
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 300 Rs 250 (Free for 1st year)

Expand

5paisa Vs IIFL Securities Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order.

Account Type 5paisa Regular Account Plan IIFL Securities iServe
Fixed Charges NA NA
Equity Delivery Rs 20 per executed order Rs 20 per order
Equity Intraday Rs 20 per executed order Rs 20 per order
Equity Futures Rs 20 per executed order Rs 20 per order
Equity Options Rs 20 per executed order Rs 20 per order
Currency Futures Rs 20 per executed order Rs 20 per order
Currency Options Rs 20 per executed order Rs 20 per order
Commodity Futures Rs 20 per executed order Rs 20 per order
Commodity Options Rs 20 per executed order Rs 20 per order
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

5paisa Vs IIFL Securities Brokerage Plan 2

  5paisa IIFL Securities
Account Type Power Investor Pack iServe
Fixed Charges Rs 599 per month NA
Equity Delivery Rs 10 per executed order Rs 20 per order
Equity Intraday Rs 10 per executed order Rs 20 per order
Equity Futures Rs 10 per executed order Rs 20 per order
Equity Options Rs 10 per executed order Rs 20 per order
Currency Futures Rs 10 per executed order Rs 20 per order
Currency Options Rs 10 per executed order Rs 20 per order
Commodity Futures Rs 10 per executed order Rs 20 per order
Commodity Options Rs 10 per executed order Rs 20 per order
Open 5paisa AccountOpen IIFL Securities Account

5paisa Vs IIFL Securities Brokerage Plan 3

  5paisa IIFL Securities
Account Type Ultra Trader Pack iServe
Fixed Charges Rs 1199 per month NA
Equity Delivery Rs 10 per executed order Rs 20 per order
Equity Intraday Rs 10 per executed order Rs 20 per order
Equity Futures Rs 10 per executed order Rs 20 per order
Equity Options Rs 10 per executed order Rs 20 per order
Currency Futures Rs 10 per executed order Rs 20 per order
Currency Options Rs 10 per executed order Rs 20 per order
Commodity Futures Rs 10 per executed order Rs 20 per order
Commodity Options Rs 10 per executed order Rs 20 per order
Open 5paisa AccountOpen IIFL Securities Account

5paisa Charges Vs IIFL Securities

Minimum Brokerage Rs 20 per trade
Other Charges Advisory SMS - Rs 50 per month
Call & Trade Charges Rs 100 per call (any number of trades in a call) Rs 50 per call

Expand

5paisa Vs IIFL Securities Transaction Charges

5paisa transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while IIFL Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  5paisa IIFL Securities
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3500 per Cr (0.035%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Grp A: 0.0026% Group A - Rs 280 per Cr (0.0028%)
Open 5paisa AccountOpen IIFL Securities Account

Expand

5paisa Vs IIFL Securities Leverage (Margin)

5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the IIFL Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  5paisa IIFL Securities
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open 5paisa AccountOpen IIFL Securities Account

Expand

Compare 5paisa and IIFL Securities Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). IIFL Securities offers IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App trading software.

  5paisa IIFL Securities
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes No
Trading Platform 5paisa Trade Station (Web, Mobile App and EXE) IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App
Intraday Square-off Time Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features
Open 5paisa AccountOpen IIFL Securities Account

Expand

5paisa Vs IIFL Securities Review

5paisa is rated 2.6 of 5 based on 94 customer reviews whereas IIFL Securities is rated 2.6 of 5 based on 130 customer reviews.

  5paisa IIFL Securities
  94 Customer Reviews    Rate 5paisa 130 Customer Reviews    Rate IIFL Securities
Fees 2.9 2.8
Brokerage 3.5 2.6
Trading Platform 2.7 3.2
Customer Service 2.1 2.6
Research Capabilities 2.4 3.0
Overall Ratings Rated 2.6 stars Rated 2.6 stars
Broker Rating 5paisa is rated 2.6 of 5 based on 94 customer reviews IIFL Securities is rated 2.6 of 5 based on 130 customer reviews

Expand

Contact Broker / Request A Call Back

  5paisa Enquire IIFL Securities Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

Expand

5paisa Vs IIFL Securities Investment Options

  5paisa IIFL Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds, Insurance Insurance

Expand

5paisa Vs IIFL Securities Order Type Offered

  5paisa IIFL Securities
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Open 5paisa AccountOpen IIFL Securities Account

Expand

5paisa Vs IIFL Securities Research Report

  5paisa IIFL Securities
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes

Expand

5paisa Vs IIFL Securities Suitable For Investor Type

  5paisa IIFL Securities
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

Expand

5paisa Vs IIFL Securities - Pros and Cons

  5paisa IIFL Securities
Pros
  • Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade.
  • Free trading software's including 5paisa mobile app and trading terminal.
  • Brokerage free direct mutual funds.
  1. Full-service broker offering quality research and recommendations.
  2. Flat Rs 20 per trade brokerage for Intraday & F&O.
  3. IIFL offers Equity SIP and Mutual Fund SIP.
  4. Margin funding is available.
  5. IIFL Securities is a publicly-traded company listed at BSE and NSE.
Cons
  • Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  • Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
  • Research and advisory is available at extra cost.
  • Higher exchange turnover charges in comparison to other popular discount stock brokers.
  • NRI Trading and Demat Account is not available.
  1. Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  2. Equity delivery brokerage is charged at flat Rs 20 per trade.
  3. It doesn't offer Direct Mutual Funds.
  4. Call & trade changes are Rs 50 per call.
Reviews
Promo / Offers

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

IIFL Securities Special Offer

Flat Rs 20 Per Trade Brokerage + Free Account Opening

  • Flat Rs 20 per trade brokerage for delivery, intraday and F&O +
  • Trade with the best rated mobile trading app.

This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.

Open 5paisa AccountOpen IIFL Securities Account

Comments

Add a public comment...

Compare 5paisa Compare IIFL Securities
Compare More Brokers: