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India Infoline (IIFL) Stock Trading, Demat, Brokerage and Reviews

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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

India Infoline (IIFL) Stock Broker Review Ratings

96 votes  Rate India Infoline (IIFL)

Overall Rating Fees Brokerage Usability Customer Service
Rated 2.8 stars Rated 3.0 stars Rated 2.7 stars Rated 3.4 stars Rated 2.8 stars
-70. praveen  Jun 10, 2007 8:32:07 PM IST Reply

I had applied for a ipo thru theri link 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.
-71. GAMP  Jun 5, 2007 10:37:19 AM IST Reply
-72. 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
-73. 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.
-74. 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
-75. 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.
-76. 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.
-77. 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


Rajesh Shah
-78. 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 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..
-79. 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 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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