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IIFL Securities Brokerage Charges, Fees, AMC, Transaction Charges 2023


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IIFL Securities Account Opening Enquiry

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.

IIFL Securities offers one simple discount brokerage plan, iServe. This plan offers Brokerage-Free Equity delivery trade and charges Flat Rs 20 per trade for Intra-day and F&O trade in Equity, Currency, and Commodity at BSE, NSE, and MCX.

Benefits of Opening Demat Account with IIFL

  • Zero account opening fee:

    IIFL does not charge any account opening fee.

  • Zero Demat AMC for 1st year:

    You also get zero Demat Annual Maintenance Charges (AMC) for the first year.

  • A single account for all investment options:

    With an IIFL Demat account, you can trade or invest in equities, mutual funds, IPOs, derivatives, or commodities via a single Demat account.

  • Customized services for portfolio management:

    Manage your investments with tailor-made online portfolio management services extended with the account.

  • Research and analytics benefits:

    The IIFL research team gives the best investment recommendations to maximize investor's profits.

  • A hassle-free trading platform:

    IIFL offers an all-inclusive trading platform to investors for seamless trading. Access the platform via the dedicated IIFL Markets App or Trader Terminal online.

IIFL Securities Account Charges

IIFL Securities offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with IIFL Securities. IIFL Securities fee structure and trading commission rates are explained as below.

To open IIFL Securities account you have to pay account opening charges and annual maintenance charges (AMC).

IIFL Securities Account Open Charges | IIFL Securities AMC 2023

TransactionFee
Trading Account Opening Charges (One Time)Rs 0 (Free)
Trading Annual Maintenance Charges AMC (Yearly Fee)Rs 0
Demat Account Opening Charges (One Time)Rs 0
Demat Account Annual Maintenance Charges AMC (Yearly Fee)Rs 250 (Free for 1st year)

IIFL Securities Brokerage Charges 2023

Customer pays a commission (brokerage) when buying or selling stocks through IIFL Securities. The brokerage charges for equity, commodities and currency derivative trading for IIFL Securities are explained as below.

IIFL Securities iServe

SegmentBrokerage Fee
Monthly Fee (Fixed)NA
Equity DeliveryRs 20 per order
Equity IntradayRs 20 per order
Equity FuturesRs 20 per order
Equity OptionsRs 20 per order
Currency FuturesRs 20 per order
Currency OptionsRs 20 per order
Commodity FuturesRs 20 per order
Commodity OptionsRs 20 per order

IIFL Securities Demat Account Charges 2023

The Demat account transactions are charged separately from the trading commission. Find IIFL Securities Demat account charges 2023.

IIFL Securities Demat Charges

IIFL Securities trading and demat account opening charges are Rs 0 (Free). IIFL Securities charges Rs 250 (Free for 1st year) per year demat account AMC. IIFL Securities demat debit transaction charge of Rs ₹25 per debit transaction per debit transaction.

ID Transaction Charges
1 Demat Account Opening Charges Rs 0 (Free)
2 Transaction Charges (Buy)
3 Transaction Charges (Sell) ₹25 per debit transaction
4 Annual Maintenance Charges (AMC) ₹250 (free for 1st year)
5 Demat + Courier charges ₹15 per certificate
6 Remat ₹15 per certificate
7 Pledge Creation ₹10
8 Pledge Creation Confirmation ₹0
9 Pledge Invocation ₹15
10 Failed Transactions
11 Other Charges Conversion of MF units: ₹0, Reconversion of MF units: ₹0, Courier Charges: ₹100 per request

IIFL Securities Transaction Charges (Exchange Turnover Charge)

A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .

IIFL Securities Transaction Charges 2023

SegmentTransaction Fee
Equity DeliveryRs 325 per Cr (0.00325%)
Equity IntradayRs 325 per Cr (0.00325%)
Equity FuturesRs 210 per Cr (0.0021%)
Equity OptionsRs 5100 per Cr (0.051%) (on premium)
Currency FuturesRs 210 per Cr (0.0021%)
Currency OptionsRs 5100 per Cr (0.051%) (on premium)
CommodityGroup A - Rs 280 per Cr (0.0028%)

IIFL Securities Trading Taxes

IIFL Securities charges government taxes and fees in addition to the brokerage. These IIFL Securities trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the IIFL Securities tax calculation.

IIFL Securities Tax on Trading

Tax IIFL SecuritiesRates

Securities Transaction Tax (STT)

  • Equity Delivery: 0.1% on both Buy and Sell
  • Equity Intraday: 0.025% on the Sell Side
  • Equity Futures: 0.01% on Sell Side
  • Equity Options: 0.05% on Sell Side(on Premium)
  • Commodity Futures: 0.01% on sell side (Non-Agri)
  • Commodity Options: 0.05% on sell side
  • Currency F&O: No STT
  • On Exercise transaction: 0.125%
  • Right to entitlement: 0.05% on sell side

Exchange Transaction Charges

Refer table above

GST

18% on (Brokerage + Transaction Charge + SEBI Fee)

SEBI Charges

0.0001% (₹10/Crore)

Stamp Duty

(On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.

Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)

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.

Frequently Asked Questions

  1. 1. What is the brokerage charge in IIFL?

    IIFL Broking Charges

    IIFL offers one simple flat rate brokerage plan. This discount brokerage plan offers brokerage-free equity delivery trading. For other segments, it charges flat Rs 20 per executed order.

    Segment Brokerage
    Equity Delivery Rs 0
    Equity Intraday Rs 20 per order
    Equity Futures Rs 20 per order
    Equity Options Rs 20 per order
    Currency Futures Rs 20 per order
    Currency Options Rs 20 per order
    Commodity Futures Rs 20 per order
    Commodity Options Rs 20 per order

    Check IIFL charges page for more details.

     

     

  2. 2. How to calculate brokerage in IIFL?

    IIFL Securities offers a simple discount brokerage plan based on a flat-fee model.

    IIFL brokerage charges require no calculation, as the broker offers brokerage-free Equity Delivery trade and a flat Rs 20 per trade for Equity Intraday, F&O, Currency, and Commodity irrespective of the trade value.

    Apart from the brokerage, an investor also has to pay other regulatory charges like Exchange Transaction Charges, SEBI fees, Stamp Duty, STT, DP Charges (for delivery sell trade) and GST.

     

     

  3. 3. Is IIFL Markets app safe?

    Yes, the IIFL market app is safe and secure to use.

    IIFL Markets App uses two-level authentication. The users need to enter their PAN number or DOB along with the Client ID and password to log in to the IIFL account. The session gets automatically terminated in case of inactivity on the platform for 15 minutes.

     

     

IIFL Securities Account Opening Enquiry

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.

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Information on this page was last updated on Saturday, May 14, 2022

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.

5 Comments

5. Nagaraju Gorantla   I Like It. |Report Abuse|  Link|Nov 23, 2022 10:58:56 AMReply
I am investing through IIFl from 2020 , they are as per commitment so far for charges , my RM (Shruthi)is very good to respond any time relating to any issues of my account. I am not taking any advisory services
4. Vikram   I Like It. |Report Abuse|  Link|Nov 18, 2022 5:46:21 PMReply
The experience with iifl is they will cheat people. They told me to deposit 15000/- and their dedicated manager will give you full support and 3 to 5 calls so that i can gain profit, but in 2 days they gave me 4 calls and all make me loss and i booked loss of 7500/- in 2 days and rest of 7500/- rupees they deducted from my account on the name of brokerage. For 5 trades 7500/- brokerage. After loss no manager will pick the call. After 3 days one of person pick call. I enquired about manager but the manager didn't talk to me. And they told me they are responsible for losses. They can't do anything.
3. Mk   I Like It. |Report Abuse|  Link|Jan 5, 2022 8:05:05 PMReply
Customer care is very bad.
3.1. Ravindar kumar   I Like It. |Report Abuse|  Link|Sep 15, 2022 5:01:20 PM
Vary bad customer servis vary bad
2. krish   I Like It. |Report Abuse|  Link|Jan 22, 2022 3:42:45 AMReply
before getting into business we need to see the review or comments about the company . After see bad 2 comments , is it good to do business with them ? / IIFL has answered for the comments ? . Really like to know more on it
1. Hemant Babubhai Joshi   I Like It. |Report Abuse|  Link|Jun 1, 2021 7:48:26 AMReply
I already have account with IIFL , and also now my DP from Karvy is transfered to IIFL .. here they are charging me Brokrage of .25 on "delivery" while opening ac -- they are advertizing O charges.. why this double standard ?? .. email and phone calls to IIFL office is not being answered