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 India Infoline (IIFL) Customer Reviews, Complaints, Experiences & True Feedback

India Infoline Limited

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

Stock Broker Review Ratings

Overall Rating Fees Brokerage Usability Customer Service 65 votes
Rated 3.1 stars Rated 3.3 stars Rated 3.1 stars Rated 3.4 stars Rated 3.0 stars Rate
              

-123. indiainfoline is worst  Jul 31, 2007 7:56:15 PM IST |  Reply 

I have invested in few ipos through indiainfoline.com/ipo I got the mail that trnasaction was successful and money was debited from my icici account. But after 10 days when i was checking for my application status, can u guess what is their response?

"OUR SYSTEM WAS UNDER MAINTENANCE WHEN U HAVE DONE THE TRANSACTION - BUT STILL I GOT A MAIL SAYING MY TRANSACTION WAS SUCCESSFUL"

for the ones who dont believe I can provide you with all the details.

I request every one of the 5paisa users to form a common group in yahoo and so that we can forward all these worst cases of 5paisa to all newspapers with details.

-124. R.K.Behera,Orissa  Jul 30, 2007 1:11:59 AM IST |  Reply 

Thanks the creators of this website.The cheating story of all online trading(I would call online cheating)will be exposed.Here the story of 5paise.com is exposed.I had already exposed cheatings of kotaksecurities.com.I request all to give their views.

-125. jaspreet chd  Jul 27, 2007 9:05:22 AM IST |  Reply 

It is worst service in india.Never think to apply.IPO strips donot appear on the day of listing.Appear only when it people forget this listing.No person to hear you after accepting cheque.It will make you mad.

-126. CHETAN MEHTA   Jul 26, 2007 2:18:26 PM IST |  Reply 

5paisa.com are cheater. i have open an account @ 555/- rs. after that they debited rs. 8000/- advance brokerage.
Dear Sir,

With regards to your mail, please note the sum of Rs.8000/- debited in your account is the Renewable Membership Yearly Scheme opted by you for the online trading which is TT Advance software.

The brokerage that is generated(depending on the scheme) would be credited to your account at the end of the expiry or once the amount is utilized whichever is first since the calculations would be done on daily basis. This reversal will be maximum to the extent of the amount of SLF charged after adjusting for service tax.

Assuring you of the best of our services at all times. Please get back to us for any clarifications.

Warm Regards,

Riya




CASE :- 2406248

I HAVE TAKEN AN TTADVACE ACCOUNT WITH YOUR ALWAR BRANCH AFTER SHOWN ADVERTISEMENT IN ET. AT RS.555/- AS PER YOUR AD 5000/-RS. REQUIRED TO KEPT IN TRADING ACCOUNT.. BUT AS PER MY ON LINE ACCOUNT YOUR GOODSELF DEBITED 8000/- IN MY ACCOUNT WITHOUT MY CONSENT. WHY YOU DEBITED RS. 8000/- IN MY ACCOUNT. I HAVE TO DEPOSITED ONLY 5000/- AS SECURITY DEPOSITED WITCH IS REFUNDABLE. PL.. LOOK IN TO THE MATTER.








-127. banothsr  Jul 20, 2007 7:48:13 PM IST |  Reply 

i got a DP account password, PIN and TPIN mailer.
so what i should do with these pin number.

-128. CHETAN MEHTA  Jul 14, 2007 5:10:30 AM IST |  Reply 

very poor custmor service...i had requested for sending passward through writing request...i have to fax a letter for 6 times...they don't find the letter !! while i m getting fax transmission report O K ALL THE TIME !!!My fax machine is not at all faulty as it is used for daily routine basis..!!I had talk with cusmor relation ofiicer for 12 times , every times i got different person online !!!I experence very bad service .. i stayed only becoz my brockrge is .25%..!!1

-129. Frank  Jun 18, 2007 11:43:15 AM IST |  Reply 

hi,
I am a user of www.5paisa.com, but unable to open the market watch.. plz. give adivice, IN FAQ, they are saying "the customer is unable to communicate via proxy/firewall server to our Feed Servers, for which the client side proxy/firewall setting needs to be changed. " but i don't know how to change the same. i am using window xp. plz. help.

Thanks & Regards
Frank

-130. praveen  Jun 10, 2007 8:32:07 PM IST |  Reply 

DO NOT APPLY FOR IPO THRU INDIAINFOLINE

I had applied for a ipo thru theri link indiainfoline.com/ipo and i got even a confirmation e-mail. I thought that there was no problem. But after 13 days for checking my application status i have called the indiainfoline ipo section in Mumbai, they told me that my ipo application was not processed. Do u know the reason that was given?
"money got transferre to their account, but they could not identify which client has applied and bcz of power problems they had it"
It is such a reliable software they are maintaining, even after that, at least i should get an e-mail that it was not processed properly, had i got it, i would have consulted customer care 5paisa.

-131. GAMP  Jun 5, 2007 10:37:19 AM IST |  Reply 

ALL SECURITIES IS NOT GIVEN GOOD SERVICES,BUT INDIA INFOLINE THEY R INPROVING TO GIVE GOOD SERVICE COMPARE TO OTHERS

-132. ramesh  Apr 14, 2007 8:54:18 PM IST |  Reply 

One of the worst service....Please dont apply for the account. No one has the product knowledge to expain

-133. T.Jayalakshmi  Mar 7, 2007 10:11:04 AM IST |  Reply 

I am from tamilnadu and using Trader Terminal. I used no other than this. But 5 paisa Trader terminal is more than enough for me. Execution is instant.

-134. Sendhil Manian V  Feb 25, 2007 6:17:00 AM IST |  Reply 

Service is OK. Borokerage is nominal/reasonable. Wide choice of Banks. No Demat AMC. I dont use their online tips nor my RM gives me any tips.

I am using Margin funding. They have charged Rs.250 one time fee. I am using Investor Terminal and speed is good. But I still feel the old application for Investor Terminal was good.

I would really recommend. Indiainfoline should consider to roll back to their old Investor terminal Application as that had more features except the speed.

Thanks & Regards,
Sendhil Manian V

-135. Ashish Sahu  Feb 22, 2007 5:40:00 PM IST |  Reply 

5paisa is a very unprofessional online trading house..i suffered a loss of rs 5000 due to them,and they are not even
replying to my mail,when even their relationship manager(rm)
is accepting their mistake but he says he can't do anything.
actually i had purchased shares thru 5 paisa and the next day in the morning i transferred the funds from my bank account to 5 paisa,but they sold the shares without my consent,even though the money was transferred long ago.
i suggest go to icicidirect..brokerage is high but they are professional and in my 6 yrs of trading i have still not
suffered any blunder like 5 paisa.

-136. Brajesh Kumar  Jan 20, 2007 3:17:00 AM IST |  Reply 

In 5Paisa it not give facility to own clint Sell/Buy facility in night or open time market other than sharekhan facilitate this facility, you are sell/Buy rate option in night. Then market is open then at a instant time your share is sell/Buy. Then you earn more profit.

-137. Rajesh Shah  Jan 11, 2007 11:53:00 PM IST |  Reply 

Hi I am Live in Ahmedabad And I have Knowledge About Terminal Operater in NSE BSE And MCX and NCDX When I want Job for Terminal operator with godd rewards or salary who is capable Some time I have research particular script which is gain in short term or some time i have also commodities data or meetings report when you have job then inform me My No. is 079 - 27525489

I want job in only Ahmedabd bcz i cant share with place

Thanking You

Bye bye

From:-

Rajesh Shah

-138. Subhash Shinde,  Oct 7, 2006 3:52:00 AM IST |  Reply 

hi..I am gujarat based client of indiainfoline.. i have had done trading with indiainfoline and have noticed that not too many peoople are satisfied with 5paisa.com bcoz they give lot of intraday calls and that ends up with more brockerage and less profit to customers. If some dependent upon there calls then they will be loosing money.. and i am agreed with the RAJAT AGRAWAL that indiainfoilne dont give dividend honestly they are quite interested in eating customers money.. these days they have started new schemes and without informing customers they also debit their a/c.

on the otherhand their software is good and fast. but altimately one has to earn money..not to loose. very few [people i heard make money with indiainfoline..

-139. Rajat Agrawal  Oct 6, 2006 8:55:00 AM IST |  Reply 

I am based in Mumbai and am trading thru their online trader Terminal since last 3 yrs. Excellent software, good speed, immediate trade execution/confirmation and importantly their servers are never down. They allow to trade in each and every scrip irrespective of it being in T2T or "Z" category. Their intra day calls are so~so. They dont provide any special research report to customers.

On the negative side : you can view only intraday chart. So you dont have access to moving averages, MACD etc.
The biggest problem with 5paisa is getting the dividend money. Since most of times they keep your shares in their pool account due to margin funding, you have really follow up hard with them to get the dividend money. Since last 3 yrs I am complaining them to improve their system to automatically credit the dividend money to respective customers... but seems they are more interested in eating customers dividend money...as most of retail investor wont be claiming or aware of their dividend.

But since overall their service is ok and I personally track the dividend thing I am bit satisifed with them and would rate them 7 out of 10.


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