Chittorgarh logo
Contact Us   Facebook   Go

 ICICIDirect Vs India Infoline (IIFL) Share Broker Comparison

The side-by-side comparison of ICICI Securities Pvt Ltd. and India Infoline Limited stock brokers in India. The comparison below highlights the similarities and differences between ICICIDirect and India Infoline (IIFL)'s brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among ICICIDirect and India Infoline (IIFL).

New         
 

ICICI Securities Pvt Ltd.

India Infoline Limited

About the Broker ICICIdirect is an online trading and investment platform on ICICI Securities, the largest stock broker firm in India providing a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group, Indi... Know more about ICICI Securities Pvt Ltd. Incorporated in 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading. IIFL off... Know more about India Infoline Limited
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE NSE, BSE, MCX, NCDEX
Account Type 3-in-1 Account (I-Secure Plan) Standard Account
Broker Enquiry
Expand

Stock Broker Fees / Charges

 ICICIDirectIndia Infoline (IIFL)
Trading Account Opening Fees Rs 975 Rs 750
Trading Account AMC NIL
Demat Account Opening Fees NIL Rs 555
Demat Account AMC Rs 450 Rs 300
Demat Account is Mandatory?
Expand

Trading Brokerage Charges

 ICICIDirectIndia Infoline (IIFL)
Equity Delivery Brokerage 0.55% 0.50%
Equity Intraday Brokerage 0.275% 0.05%
Equity Futures Brokerage 0.05% - 0.03% 0.05%
Equity Options Brokerage Rs 95 - Rs 65 per lot 1% of Premium or Rs 100 per lot whichever is high
Currency Futures Trading Brokerage 0.050% - 0.030%
Currency Options Trading Brokerage Rs 95 - Rs 65 per lot
Commodity Trading Brokerage
Other Brokerage Charges
Minimum Brokerage Charges Rs 35 per trade or 2.5% of the trade value whichever is lower Rs 0.05 per share
Expand

Transaction Charges

 ICICIDirectIndia Infoline (IIFL)
Equity Delivery NSE: 0.0031% | BSE: 0.0035%
Equity Intraday NSE: 0.0031% | BSE: 0.0035%
Equity Futures 0.00185%
Equity Options 0.05% on Premium
Currency Futures 0.0013%
Currency Options
Commodity
Expand

Share Broker Features

 ICICIDirectIndia Infoline (IIFL)
3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
Good Till Cancelled (GTC)
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Trading Platform
Intraday Square-off Time
Other Features
Expand

Broker Ratings (Average User Rating)

 ICICIDirectIndia Infoline (IIFL)
  229 Customer Reviews    Rate ICICIDirect 57 Customer Reviews    Rate India Infoline (IIFL)
Fees Ratings 2.4 3.5
Trading Brokerage Rating 1.8 3.2
Trading Platform Usability 3.3 3.5
Customer Service Ratings 2.9 3.2
Overall Ratings Rated 2.5 stars Rated 3.3 stars
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 229 customer reviews India Infoline (IIFL) is Rated 3.3 / 5 based on 57 customer reviews
Expand

Investment Options Available

 ICICIDirectIndia Infoline (IIFL)
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Expand

Customer Service Offered

 ICICIDirectIndia Infoline (IIFL)
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Expand

Research / Tips / Reports Published

 ICICIDirectIndia Infoline (IIFL)
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Expand

Suitable for Investor Category

 ICICIDirectIndia Infoline (IIFL)
Casual Investor
Active Investor
Trader

Expand

Pros, Cons and Other Review Comments

 ICICIDirectIndia Infoline (IIFL)
Pros
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.

More Advantages...

  1. 4000+ branches in 900+ cities make them your neighborhood broker.
  2. Being a full service broker, they offer wide range of financial products and services.
  3. IIFL offers Systematic Investment Plan in Equity, Commodity and Mutual Fund.
  4. India Infoline Ltd is a publicly traded company listed at BSE and NSE.

More Advantages...

Cons
  • ICICI Security charges high brokerage in comparison to most of the brokers.
  • Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hours of trading.

More Disadvantages...

  1. SMS alerts at additional Rs 249 per month
  2. Demat debit charges is 0.05% (Minimum Rs 15 - Maximum Rs 100) per debit transaction. Demat credit charges is NIL.
  3. India Infoline doesn't provide 3-in-1 account.

More Disadvantages...

Reviews
Promotions / Offers
Enquire about ICICIDirect Enquire about India Infoline (IIFL)
IPO Dashboard Current IPO List IPO Calendar IPO Performance Tracker IPO Grading / Ratings IPO Basis of Allotment IPO FAQ's IPO Alert Blog 
Online Stock Trading ICICIDirect Sharekhan Zerodha Ventura Indiabulls 5Paisa Geojit Reliance Money Religare Motilal Oswal Angel Broking
Commodity Trading Angel Commodities Indiabulls Commodities Unicon Commodities SMC Comtrade Motilal Oswal Commodities Kotak Commodity
Home Page Current NCD's / Bond's in India Stock Market Message Board General Discussion Forums Contact Us Guest Book About Us Sitemap
Subscribe to Free IPO Alert Emails ... Name:       Email:      
Chittorgarh.com All rights reserved. For questions, comments, suggestions and praise Contact Us today.

Need help choosing the right broker?

Name:Phone #:
Email:City, State:
Are you a day trader?